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During the pandemic, the Miami housing market remained hot. In the first quarter of this year, the number of sales closed in Miami Beach spiked 68%. Similarly, closings were up 378% compared to a year before. Because so many people are still interested in getting in...

The Four Seasons Hotel Miami got a new owner, and they have plans to upgrade. Fort Hospitality Group recently bought the 70-story tower for $130 million. The hotel in Miami's financial center features 221 rooms. In total, the sale equates to around $588,000 per room....

Recently, TV personality Michael Wekerle sold his Fort Lauderdale mansion for nearly $17M. Measuring 9,151 square feet, this mansion is truly a dream come true. The new owner is a trustee of The Prager Manga Reva Revocable Trust. Last year, the Fort Lauderdale mansion...

Right now, the market is very competitive for buyers. In fact, national inventory of active listings is down over 40% YoY. This spike in demand means that buyers are going above and beyond to standout. From raising offers, to removing contingencies. Contingencies are...

A recent study showed that Wynwood is no longer the epicenter of trendy. In fact, Fort Lauderdale was named the top trendy spot in South Florida. The fun South Florida city was named #4 on the "Best Cities for Hipsters" list. To figure out the most trendy cities,...

Two new towers are coming to Fort Lauderdale. In fact, the 300-foot towers will be the tallest on Fort Lauderdale Beach. The developer of the new Fort Lauderdale real estate project announced that it will be launching sales for both of the towers. Each of the towers...

South Florida is an incredibly fun place. Whether you live here and are just looking for some summer inspiration, or you are visiting from out of town, there are many fun things to do. Here are 3 fun things to do in Miami that will not only be a great experience, but...

Leases for warehouse space in South Florida rose by 37% YoY. This is highly because of the rise of remote work and the strength of the area's economy. In the first six months of 2020, warehouse leases and renewals had a total of 867 deals. A year later, the area had...

If you've been wanting to try Gordon Ramsay's food, you'll be happy to hear that he's opening a new Miami Beach restaurant. The celebrity chef plans to open his renowned eatery "Lucy Cat" at 119 Washington Avenue. The building where the restaurant will be held is now...

Right now, the housing market is completely different than it was a year ago. In fact, because of lower mortgage rates and tight inventory, homes are getting snapped up relatively fast. Therefore, right now it is a seller's market. Although that is great news if you...

Recently, NBA legend Dwyane Wade sold his Miami Beach mansion for $22M. Wade spent 16 years in the NBA, and many of those years were spent playing for the Miami Heat. Not only is this waterfront home an absolute dream come true, but it also features a Miami...

Good news for Boca Raton residents and visitors! A new ice skating arena project is moving forward. In fact, the developers just got a $14 million construction loan. The project will be called Boca Ice and Fine Arts Center and will be locate at 900 Peninsula Corporate...

When buying or selling real estate, the property isn't officially sold until the closing. A lot of times, sellers are advised to keep their options open by accepting backup offers. In short, a backup contract is one that would take the place of the original buyer...

Ever since the pandemic started, more and more people have opted to move to South Florida. This is because the Sunshine State comes with a lot of benefits for its residents. Not only is it a beautiful paradise, but it also has great tax advantages. Earlier this year,...

Good news! The highly anticipated South Florida event, Miami Spice is returning. After a year filled with challenges, the event is set to be back for its 20th year. From August 1st through September 30, locals and tourists will be able to enjoy some great discounts at...

Recently, the former owners of Swiss Watch international purchased a waterfront Miami Beach home. Located on Allison Island in Miami Beach, this mansion has it all. According to their agent, the buyers purchased the property within 24 hours. The waterfront Miami Beach...

A South Miami-based developer sold a Palmetto Bay apartment complex for $58.2 million. The Soleste Bay Village is located at 18301 South Dixie Highway. Furthermore, it was sold to Westdale Real Estate Investment and Management. The apartment complex features 213 units...

Because of the pandemic, many industries have begun to rethink the way they operate. The entertainment industry is certainly one of them, which is why Doral FL residents will be happy to know a new outdoor space is coming to the area. "The Backyard" will be a 15,000...

In a recent study, a spot in the Florida Keys was named one of the best places to watch the sunset. The report was conducted by the travel website Bounce. Furthermore, this spot was repeatedly mentioned and recommended by travel writers and bloggers. In addition, the...

Right now, the real estate market is on fire. If you are trying to sell your home, right now might be an amazing time to do so. There is a lot of competition amongst buyers, and beautiful homes on the market are selling fast. Therefore, if you've been thinking of...

Wynwood House will be an incredible multifamily project in an Opportunity Zone. In fact, Lineare Group and Bridge Investment Group just got a construction loan of almost $38 million to make this happen. At 224 units, Wynwood Haus will elevate the real estate market in...

From June 27 to July 3, the South Florida real estate market remained hot with luxury condo sales. In fact, a $27 million Sunny Isles penthouse led the sales. Located at Mansions at Acqualina, this incredible mansion in the sky only spent 24 days on the market before...

I-395 construction is finally starting to take shape. This brand new bridge will lead to and from the MacArthur Causeway and South Beach. For a while, the construction of this piece of highway made that area of Miami almost unrecognizable. However, there has been...

Recently, a Miami Worldcenter site went up for sale. However, it was just announced that Witkoff and Monroe Capital from NYC and Chicago purchased it for $94 million. Since it was originally going to be a convention center, the plans were scrapped and the site went up...

Last week, mortgage applications decreased 1.8% to their lowest number since the pandemic hit. Right now, the market is still experiencing low inventory and high home prices, which has caused mortgage demand to fall. Even as rates slipped, both refinance and purchase...

Good news for the Coral Gables real estate market. A new $50 million village of duplexes, townhouses, and condos is on the works. This will replace existing apartment rental buildings with a very nice and luxurious community. "Gables Village" will consist of about 50...

A condo tower in Downtown Miami is nearly sold out after just months of launching sales. Before the pandemic, developers would offer a number of incentives to agents and prospective buyers. However, right now the market is so hot that projects are selling out fast....

Recently, the housing market in the U.S has been experiencing a total boom. In many markets, it has been a total seller's market. However, there was a new influx of new listings in June, which was a great turn of events. The housing market in the U.S has had a very...

We are diving into another hurricane season here in South Florida. Therefore, it is important to stay informed and know how to be prepared. Recently, it was stated that a tropical storm might hit South Florida. "Elsa" has already caused a tropical storm warning in the...

Recently, MDM Hotel Group announced that they will be selling its Miami Worldcenter site. Originally, a convention center and hotel were planned. However, because the pandemic has greatly impacted the dynamics of meetings and conventions, the plans for this project...

Many millennials have not been able to buy houses. This is a big reason why apartments in the U.S keep getting bigger. In fact, RENTcafe recently did an analysis on 92 cities regarding floor plans on buildings under construction. The findings? 36% of them are aiming...

Moishe Mana is working on a new Wynwood development. Mana Wynwood will be a 23.5 acre project with the goal of being a trade hub between China and Latin America. In addition, this project will also be a center for arts and entertainment. Furthermore, to help design...

Rezi, a New York based online rental platform is finally expanding to Miami. The platform works to lease vacant units from landlords. Besides Miami, the company is also planning to open more markets. In fact, they said they will be spending $75 million this year to...

Recently, a lot of buyers from South America have been swooned by the many opportunities that the Miami real estate market has to offer. This is no coincidence. Foreign buyers have contributed to a huge part of the real estate boom. In fact, in 2010 foreign buyers...

Right now, South Florida is experiencing a huge influx of tech companies moving to the area. In fact, there is so much growth within the business and tech worlds in the area, that our neighborhoods are planning exciting things to keep the momentum. Therefore, the City...

The city of Aventura is constantly growing. In addition, it is starting to become the health district of South Florida. Right now, there are many professionals who have been leasing. However, 1212 Aventura is almost here to give them the opportunity to own a piece of...

From June 13 to June 19, the dollar volume in condo sales in Miami-Dade fell slightly. There were 237 condos sold for a total of $159 million. This is slightly down from the prior week, where there were 273 South Florida condo sales totaling $210.1 million. The...

After 10 years of legal challenges, the developer of SkyRise Miami recently announced that the project will be cancelled. The tower was going to become a 1,000 foot tall vertical amusement park located in downtown Miami. However, after almost a decade of legal...

Downtown Miami is becoming a very popular and exciting neighborhood. Consequently, many new projects are beginning to pop up in the area. In fact, a new downtown condo tower will not only be incredible, but it will also allow you to walk to Heat games and concerts....

For the first time in 10 weeks, US mortgage rates rose above 3%. The average for a 30-year loan rose to 3.02% becoming the highest it's been since April 15. Right now, the economy is progressing, which makes this increase normal. However, rates are likely to gradually...

A new Downtown Miami condo will come with an incredible amenity: built in services by Airbnb. In Miami, only a few projects have been approved for short term rentals. Therefore, whenever a new tower comes with these perks, it is a big deal for the community. District...

Residences by Armani Casa set a new benchmark with a nearly $1 billion sellout. Right now, demand is very high for luxury condos. Therefore, it is no surprise that this luxurious Sunny Isles gem reached this point. Residences by Armani Casa is 60 stories and features...

For months, South Florida home prices have been rising. With attractive interest rates, and other incentives to buy, home prices have been on the rise for months. However, there was recently a sign that prices might start to settle down. In fact, in a recent look at...

During the pandemic, many Americans opted to move. This was because our new lives allowed for remote working, changing jobs, and shifting priorities. Although people moved for many reasons, a unique group moved because of something very special... their furry friends....

The Covid-19 pandemic generated a lot of trends in pretty much every industry. Consequently, there were trends that emerged in real estate. Collectively, people spent a lot more time at home, and therefore realized their needs for certain home features. Because people...

Right now, people from all over the world are choosing South Florida as their travel destination. There are many restaurants, retail locations, beaches, and many other destinations that tourists can enjoy. Consequently, restaurants are competing on ways to bring more...

As the world begins to reopen, the tourism industry is coming up with ways to make traveling safe again. This weekend, Miami was home to a huge milestone. Royal Caribbean International set up a simulator cruise with 600 passengers. The cruise sails from Miami and is...

One of the biggest trends that has come from the pandemic was the rise of popularity in outdoor living. Now more than ever, people are looking for homes with outdoor space. Not only that, but people have found new comfort in staying home, despite pandemic regulations...

Goldman Sachs might be planning to move over 100 employees to Florida. The banking giant is talking about moving to West Palm Beach. Right now, there has been a huge influx of New York businesses that have moved to Florida. This is because South Florida is growing...

Circa 39 is a boutique hotel in Collins Avenue in Mid-Beach. Recently, AMS purchased the 97-room hotel for$25.5 million. The new owners are planning on doing a full renovation on this vintage Miami hotel. In addition to room upgrades, renovations include a new pool...