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Sotheby’s Just Bought One of Miami’s Biggest Luxury Brokerages. What Happens Next?

Real estate consolidation just reached deeper into Miami luxury. Sotheby’s International Realty has acquired ONE Sotheby’s International Realty, transforming one of South Florida’s most successful independently owned affiliates into a compa

Sotheby’s Just Bought One of Miami’s Biggest Luxury Brokerages. What Happens Next?

Real estate consolidation just reached deeper into Miami luxury. Sotheby’s International Realty has acquired ONE Sotheby’s International Realty, transforming one of South Florida’s most successful independently owned affiliates into a company owned operation. And this was not a struggling brokerage looking for an exit. ONE Sotheby’s closed approximately $6.85 billion in sales across 5,257 transactions in 2025, with roughly 1,375 agents. Financial terms were not disclosed. FROM ONE OFFICE TO $6.85 BILLION Mayi de la Vega founded ONE Sotheby’s in…

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