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Ari Rubenstein Of GTS Purchases Waterfront Home From George Burguillos For $15 Million In Miami Beach

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SOLD
$15,000,000

Florida

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Single Family5,200 SF
Sold 09/23/2025
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SOLD

Ari Rubenstein Of GTS Purchases Waterfront Home From George Burguillos For $15 Million In Miami Beach

112 Palm Avenue

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Single Family5,200 SF
Sold 09/23/2025
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$2,884
Total Square Footage:5,200 SF
Transaction Type:Sale

Ari Rubenstein acquired a single-family residence located at 112 Palm Avenue, Miami Beach, for $15,000,000. The property encompasses 5,200 square feet and is set on 0.7 acres within a waterfront area of Palm Island.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $15,000,000
  • Address: 112 Palm Avenue
  • Market: Miami Beach
  • Asset Size: 5,200 SF
  • Price Per Square Foot: $2,885
  • Buyer: Zaily Rubenstein
  • Buyer's Representative: Ari Rubenstein - GTS (Global Trading Systems)
  • Seller: George Burguillos - PL Holdings

In this transaction, Ari Rubenstein, the founder of the financial services firm GTS, acquired the property off-market from George Burguillos of PL Holdings. The acquisition was facilitated through an $8.3 million mortgage, contributing to a notable series of high-value sales on Palm Island this year.

Players

Ari Rubenstein
GTS (Global Trading Systems)
Ari Rubenstein
1 deal$15M volume
BUYER

Details

SOLD
IMAGE: Ari Rubenstein DATE: 09/23/2025 ADDRESS: 112 Palm Avenue MARKET: Miami Beach ASSET TYPE: Single Family ~ ACRES: 0.7 BUYER: Zaily Rubenstein; Ari Rubenstein - GTS (Global Trading Systems) SELLER: George Burguillos - PL Holdings SALE PRICE: $15,000,000 SF: 5,200 ~ PPSF: $2,885 NOTE: Ari Rubenstein, founder of financial services firm GTS, paid $15 million for a 5,200-sf waterfront home on Palm Island in Miami Beach, buying it off-market from shipping executive George Burguillos’ PL Holdings. The Rubensteins financed the purchase with an $8.3 million mortgage, adding to a string of high-priced Palm Island sales this year.

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