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New Wynwood Residences And Hotel Project Wins Design OK
Another big multi-use project is coming to Wynwood. As of now, there is plans to build a 12-story Wynwood residences and hotel project. The multi-use masterpiece will bring residential units, hotel rooms, and a courtyard with commercial uses. In fact, the project will...
Housing Accessibility: What You Need To Know About Buying An Accessible Home
Raising awareness about housing accessibility is important as it is often hard for those with disabilities to find accessible homes. In fact, according to HUD, only a small percentage of homes are livable for those who live with mobility impairments. However, raising...
Fort Lauderdale Apartments To Be Rebranded
Bell Partners just bought the Fort Lauderdale Apartments known as Satori Apartments to be rebranded. The 279-unit apartment complex was sold to the investor for $99.5 million. In fact, the deal equated to about $356,631 per unit. Their plan is to rebrand the formerly...
Miami Heat Player Victor Oladipo Just Bought An $8M Home In Miami Beach
Victor Oladipo, a Miami Heat player who joined the team in March recently scored a beautiful home in Miami Beach. The basketball star paid $7.8 million for the non-waterfront property. This was a record deal for a non-waterfront house. In fact, the previous record was...
South Florida Real Estate Market Remains Hot In 2021
The South Florida real estate market continues to boom. Supply of inventory was at 5.1 months for luxury single-family homes when the Covid-19 pandemic began. Right now, the inventory is down to two months. In addition, many international buyers have shown interest in...
New Development In the Works Next To Orlando Airport
A massive industrial development is in the works next to the Orlando airport. How big? nearly 1 million square feet. The project includes two different buildings, one with 552,000 square feet, and the other with 418,000. Furthermore, Mike Stuart from Landmynd Services...
Ramada Hotel Turned Into Hialeah Rental Apartments
Right now, the luxury real estate market in South Florida is booming. There are many ultra-luxurious options in the market right now. However, for renters looking for an alternative, this new Hialeah rental complex might be a dream come true. Recently, the Ramada...
Watch Out For This New Market In Wynwood
Investors teamed up with a pastry chef and chocolatier to open an amazing new market in Wynwood. Ananda Market will be a 12,500 square feet dream with a restaurant, chocolate station, patisserie, and cocktail bar. In addition, the market and restaurant will be led by...
A Developer Is Crowdfunding $20 Million for Wynwood Rental Project
Investors may have a chance to bank on a real estate rental project in Wynwood. Rilea Group just launched a $20 million crowdfunding campaign. "Mohawk at Wynwood" will be 12 stories and have 225 units. The Wynwood rental project will sit on 1.5 aces, and have retail...
Major Food Group Is Opening Four New Restaurants In Miami
Miami is becoming a major dining destination in the United States. For the last couple of months, major restauranteurs have opened up locations in the Magic City. Right now, Major Food Group, a New York based group is planning to open four new restaurants in Miami....
A Guggenheim Partner Is Joining The Miami Relocation Craze
Every day, more and more big names are moving to Miami. From Wall Street giants, to Silicon Valley Elites, to CEOs, there are many, many people joining the Miami relocation craze. In fact, Scott Minerd, the Chief Investment Officer and founding managing partner at...
A Miami Multifamily Portfolio Was Acquired For $96M By NY Investor
Sentinel Real Estate Corporation just announced the acquisition of a Miami multifamily property. The NY investor paid $96.5 million for the 452-unit Miami multifamily portfolio. In fact, the portfolio has a total of 30 individual properties. 25 of them are located in...
Real Estate Investment Firm From NYC Buys Retail Space In Miami
Regal Acquisitions is a real estate investment firm from New York City. Recently, it acquired a 35,482 square feet retail component in Miami. The site is a component of 2000 Collins Avenue in South Beach. In addition, it is located across the street from Setai Hotel....
South Florida Residential Construction Starts Increased In March
In March, the South Florida residential construction starts increased. In Miami-Dade, Broward, and Palm Beach, residential starts rose by 40% YoY, reaching $461 million. On the other hand, commercial construction starts fell by 2% to $306 million. Residential...
Is Miami Becoming America’s Best Dining Destination?
Right now, Miami is booming. No matter how you look at it, the Magic City is truly thriving. In fact, many even believe that it is becoming America's best dining destination. Right now, many of NYC's biggest restauranteurs are expanding to Miami. Why? Well, not only...
Bulgari’s Plan To Redevelop The Seagull Hotel Miami Beach Is Advancing
Bulgari's plan to redevelop the Seagull Hotel Miami Beach is finally advancing. The redevelopment includes adding two floors to the seven story building. In addition, they also want to expand the ground floor. This week, the Miami Beach Planning Board voted to approve...
Hurricane Season In Florida: How To Be Prepared
Hurricane season in Florida is right around the corner. Usually, the "season" starts in June, but that does not mean that hurricanes and tropical storms are a guarantee. However, it is important to be aware and prepared for possible storms. The following are some...
Dedicated Art Storage Facility In Miami Was Sold To A New York Firm
Museo Vault is a dedicated art storage facility in Miami. Recently, a UOVO, a New York firm acquired the facility for $50 million. In fact, its new name is UOVO Miami. The facility is an 85,000 square foot storage facility located in Wynwood. In addition to this, the...
Your Dream Home In Miami Is Waiting! Here’s How To Buy It
The real estate market in Miami accelerated during the pandemic. In fact, many people in the area are moving to bigger houses that can adapt better to our new normal. If you are considering purchasing your dream home in Miami, here are a few things to consider: 1-...
Miami’s Financial Hub Remains Top Destination For Newcomers
Brickell, also known as Miami's financial hub, is very popular amongst newcomers. In fact, Thoma Bravo recently announced that they are opening an office in the area. The private equity firm expects to station 30 employees in the new office. It will be located at 830...
In A Seller’s Market, This Is What Buyers Have To Do
A Seller's market is one where there are more people buying houses than there are houses for sale. This means that sellers get advantages because there are more people trying to buy their properties. A seller's market often means higher prices and stiff competition...
Natiivo Miami Reaches Milestone With 300 Sales
Natiivo Miami is an impressive new development in Downtown. It has recently reached a huge milestone. The sales team has accounted for over 300 sales (over 70% of the project!) Furthermore, the development is designed, built, and licensed for home sharing. In...
Formula 1 Miami Is Happening With First Grand Prix In 2022
It is official. Miami will hold its first Grand Prix in 2022. This is after Formula 1 secured a 10 year deal. Liberty Media, the owners of F1 wanted a race in a US "destination city" in order to grow the sport. In fact, Miami is the second race in the US, joining the...
Messi’s Family Scored A Condo In Regalia in Sunny Isles
Lionel Messi is one of the top soccer players in the world. Right now, Regalia in Sunny Isles is one of the most sought after buildings in Miami. Therefore, it is no surprise that the soccer legend's family purchased a unit at this Sunny Isles condo. Messi's family...
March Was Big For South Florida Residential Real Estate
During March, the South Florida residential real estate market blossomed. Compared to the same month last year, sales rose significantly. In fact, sales for homes and condos have been rising for months in the tri-county region. Right now, more and more buyers from...
Turnberry Ocean Club Residences Has Officially Opened
The highly anticipated project in Sunny Isles, Turnberry Ocean Club Residences, has officially opened. After five years of construction, the new luxury condo is ready for residents. This luxury oceanfront condo is a 54-story, 154-unit tower. It is finally move in...
New North Miami Beach Project To Look Out For
A new North Miami Beach project is on the horizon. North Miami Beach finally approved a new 19-story, mixed-use multifamily tower. It will be located at 16900 Northeast 19th Avenue, and will be 224 feet tall. The tower will include 341 apartments, 12,635 square feet...
E11EVEN Condo Tower Reaches 90% Of Units Under Contract
Sales for the E11EVEN condo tower launched sales in February. As of now, the 375-unit Downtown hotel and condo tower is 90% under contract. Buyers were asked to put a 10% purchase price deposit, and before closing, they will be asked to put 30% more. So far, units...
Central Florida Suburbs To Consider
Central Florida suburbs often come at a premium cost, and for good reason. Doctor Phillips, Winter Park, and Heathrow are some of Orlando's top-rated suburbs in 2021. Niche.com rated these suburbs based on factors such as housing, jobs, and schools. In fact, these...
This New Brickell Restaurant Is A Dream Come True
Brickell is a very up and coming neighborhood in Miami. It is constantly growing, and becoming one of Miami's most popular spots. With this growth comes a lot of new and exciting things. Right now, Brickell is welcoming a lot of incredible restaurants. Paperfish Sushi...
This Real Estate Trend Is Here To Stay
The Covid-19 pandemic changed a lot of things. In fact, it completely transformed the way we buy homes. Throughout the last year or so, many real estate trends have emerged due to the pandemic. Although some of them seemed more like a temporary fix, many proved to be...
Top Things To Do In Sunny Isles Beach
Sunny Isles Beach is a top destination in South Florida. In the recent past Sunny Isles Real Estate received many luxury condos. Renowned word brands such as Armani, Porsche, Trump and Ritz Carlton partnered with local developers to build super luxury oceanfront...
Orlando Homes Are In High Demand Due To Multigenerational Living
Due to the pandemic, multigenerational living is extremely popular right now. In fact, multigenerational Orlando homes are in very high demand. According to the Business Journal Orlando, realtors across Central Florida have seen an increase in interest among buyers...
The Popularity Of Single Family Homes In Miami
Recently, Miami has been seeing a huge influx of newcomers. This is because the Magic City has a lot to offer- especially now as the pandemic is getting better. Many factors have presented Miami with an extraordinary movement. The city is becoming a global center of...
New Downtown Apartments Ready To Take Tenants
Grand Station Apartments are ready to take tenants to fill its 300 units. In fact, they have officially started the pre-leasing process. The Downtown apartments are a product of a public-private partnership with the Miami Parking Authority. This is a transformative...
Top South Florida Real Estate News This Week
South Florida real estate is hot right now. Here are some of the top news this week (April 12- April 16): New Fort Lauderdale Condo Towers Launch Sales Recently, Kolter Urban launched sales of a two-tower project in Fort Lauderdale Beach. The new Fort Lauderdale condo...
Miami Beach Hotel The “Goodtime Hotel” Is Almost Open
After five years and roughly $200 million, Pharell's the Goodtime Hotel is almost open. The new Miami Beach Hotel will open this week. This is a 266 key-hotel at 601 Washington Avenue. It will feature about 100,000 square feet of public spaces, a 30,000 square feet...
South Florida Condo Market Was Hot in Q1
The first quarter of 2021 showed a hot market for South Florida. As a result of shrinking single-family home inventory, the South Florida condo market took the lead. In addition, prices rose for both single-family homes for both homes and condos. Here is a breakdown:...
Miami Condo Sales In Early April
At the beginning of April, Miami condo sales declined. In total, 239 condos sold for $147.5 million from April 4 to April 10. This was down from the 305 condos sold for $235.2 million the week before. In addition, units sold for an average of $617,000. Down from...
New Fort Lauderdale Condo Towers Launch Sales
Recently, Kolter Urban launched sales of a two-tower project in Fort Lauderdale Beach. The new Fort Lauderdale condo towers, "Selene Oceanfront Residences," will be 26 stories and will have 204 luxury units priced from $900,000. In addition, the towers will be 300...
Three Luxury Car-Branded Buildings In Miami
Recently, Miami has seen a huge influx of new luxury developments. Many top global brands have partnered up with developers in order to bring the Magic City some incredible luxury developments. The new and upcoming car-branded buildings in Miami truly bring luxury to...
Home Staging: Everything You Need To Know
Home staging refers to the process of preparing a home for sale. That is, adding or rearranging furniture, adding decor, and bringing in an expert to dress up the home to make it look beautiful. Home staging ensures that the listing will look better in photos and...
This Is How Hurricanes In Florida Have Affected Home Construction
Ever since Hurricane Andrew devastated Florida in 1992, the construction industry has been much more prepared. Nowadays, home construction is a much more careful practice. In the past, hurricanes in Florida have destroyed communities. However, often times it takes a...
Orlando Condo Deal Sets Record
Recently, a new record has been set with an Orlando condo sale. A Penthouse in The Sanctuary Downtown Condo complex sold for $2.7 million last month. This is the highest sale price for a Downtown Orlando condo, setting the record. Right now, Central Florida's condo...
Pinecrest Is Getting A New Public Park
The popular South Florida neighborhood, Pinecrest, will be getting a new public park. The Village of Pinecrest has recently purchased a 3.7-acre lot for $3.75 million. The park will be located at 6610 SW 88th St. The property was first listed for $4.4 million. In...
Mortgage Rates Drop For The First Time In More Than Two Months
This week, the 30-year mortgage rate dropped to 3.13 % from 3.18%. A year ago, it was 3.33%. Right now, there is limited supply of homes for sale. In addition, prices are high. This is impacting buyers from all over the country. This was the first time since January...
New Luxury Condo In Sunny Isles To Look Out For: Bentley Residences
Gil Dezer, known for his luxury condo towers recently partnered up with Bentley to bring a new luxury condo tower to South Florida. The oceanfront Bentley building will be located on an exclusive site in Sunny Isles. In addition, this will be the first Bentley...
Mexican Restaurant In Miami Helps Support The Community
Mario Lopez just launched a delivery-only Mexican restaurant in Miami that helps support the community. This virtual restaurant hires only local and independent restauranteurs. The restaurant is called Mario's Tortas Lopez. It is a part of a project that that offers...
Miami Beach’s Tallest Building Is Officially In The Works
It's official! Miami Beach's tallest building is officially on its way. Terra, GFO Investments, and New Valley plan to break ground on "Five Park" a 48 story tower in Alton Road. Upon its completion in 2023, this will become the tallest building in Miami Beach at 519...
Homes Sold Faster Than Ever In March
Nationally, the housing market is setting a bunch of records. In fact, half of the homes that went into contact during March spent a very small period of time on the market. This is the highest percentage of fast-selling homes since 2012. In the final week f the...