Canero Flips Condo in Miami’s Coconut Grove to El-Ad for $46M
El-Ad National Properties→Chateau Grove Condominium
May 15, 2026

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Origination in the Age of AI.
Miami and South Florida Realtors has completed the acquisition of MIAMI and RWorld, a commercial brokerage business in Florida. The merger combines MIAMI MLS and BeachesMLS to unify MLS listing data, tools, and member education for South Florida real estate services. As part of the real estate services M&A, the strategic acquisition supports broader data sharing through planned participation in the Global Data Exchange and partnership agreements with five Canadian MLSs. The real estate services deals FL closed as a merger acquisition between two Realtor associations, positioning the strategic acquisition as a platform consolidation for commercial brokerage and FL acquisitions.
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