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Coconut Grove: The neighborhood of the moment in Miami
The city of Miami reveals a different neighborhood every year. The city's great transformation has earned it the nickname "The Magic City", in reference to its rapid growth and continuous transformations. Neighborhoods and areas of the city that used to have little...
Airbnb Transforms Florida’s Real Estate Market
Florida has always been a popular destination for Americans coming from other states, especially retirees, in search of a pleasant climate, beautiful beaches and a better quality of life. However, there are not so many residential properties available to meet this...
Airbnb puts pressure on Florida’s real estate market
Short-term rentals on online platforms such as Airbnb could be exacerbating Florida's already critical housing market. This is what defends a recent study released by Florida Atlantic University. According to the analyses, a considerable amount of properties that...
BNP Paribas expands Florida operations with new office in Brickell
The French bank BNP Paribas follows the wave of large financial institutions and opens an office in Miami. The growing number of potential clients in the region is the factor that motivated the decision, in addition to the friendlier tax environment. It is the bank's...
Ever heard about Space Coast in Florida?
The so-called “Space Coast” in Florida has been gaining prominence in the tourist world. The word “space” is justified by the fact that this is where NASA's main rocket launch center, the Kennedy Space Center (KSC), is located. Only 1 hour away from the city of...
Patricia Anastassiadis will design the interior of the St. Regis Residences in Sunny Isles Beach
Brazilian architect Patricia Anastassiadis will be responsible for the interior design of the common social areas of the luxurious St. Regis Residences, recently launched in Sunny Isles Beach, Florida. Patricia is already internationally “recognised for developing...
Forbes places Miami among the best cities to live in Florida
The increase in Miami property prices does not seem to be an obstacle for new residents coming from other US states and even from other countries. The “Magic City” has just been ranked among the TOP 10 best cities to live in Florida in 2023. Miami occupied the 6th...
Owning a “hotel” in Orlando is easier than you think
Did you know you can own a hotel in Orlando? In fact, what we will present in this article is a simpler business than actually having a hotel. However, with similar or greater profitability and still without the management work and all the bureaucracy that involves a...
Are you a fan of Harry Potter? How about staying on the Hogwarts Express?
If you're a fan of Harry Potter, know that you can now sleep in The Wizards World of Champions Gate, a themed house in Orlando that is “causing” on Airbnb! It is not a hotel or accommodation in a theme park, but a vacation home transformed in a very creative way by...
Florida’s New Real Estate Micro-Cycle
Whenever we identify opportunities in the Florida real estate market, we share them on this blog and explain the reasons that lead us to this conclusion. At this very moment we understand that Florida is starting a micro-cycle, which brings opportunities for...
5 reasons to buy Florida real estate now
The real estate market, in any region, goes through cycles. At the beginning and end of each cycle, imbalances are usually observed, which bring opportunities. At this time, we understand that the Florida real estate market is entering a micro-cycle, which could mean...
Florida will need more than 500,000 housing units according to an FAA study. Builders unable to meet demand
It's not news that Florida, one of the fastest growing states in the US, is experiencing a housing shortage. The already low inventory of residential homes could get worse if builders are unable to cope with the growing population. A recent study by the Florida...
Brightline stations in Aventura and Boca have already opened. What about Orlando?
The Brightline train company announced that the Aventura and Boca Raton stations have already started operating. They opened yesterday (21st) and will stop every two hours during normal hours and every hour during peak hours. The stretch from downtown Miami to...
South Florida remains bargain for foreign buyers
South Florida remains the most attractively priced region relative to other US markets. Not only is the price per square meter still relatively low, but the region also offers one of the greatest appreciation potentials in the world, according to studies. Florida has...
Osceola County among fastest growing markets for luxury second homes
Osceola County, in central Florida, is one of the fastest growing regions in the US for the luxury second home segment. It is in Osceola that the city of Kissimmee is located, one of the most desired for those looking to invest in vacation homes (Vacation Homes)....
New York developer bets on permanent boom in South Florida
Miami's real estate segment continues to show signs of strong solidity, even with the slowdown seen in recent months. Large market players have already realized that the “Magic City” has a life of its own and may be immune to the global scenario of high interest rates...
Rare combination of conflicting forces keeps prices high in Florida
While the global real estate sector is experiencing a slowdown, Miami seems to experience a different reality. Conflicting real estate forces combine to make the "Magic City" a unique environment filled with opportunity. A recent report released by the consultancy...
The best and worst luxury real estate markets for 2023
Miami remains among the main destinations for investment in luxury roots in 2023, according to recent forecasts published in the Knight Frank report. According to studies, the Miami real estate market will see an expected appreciation of 5% in the luxury segment, in...
Sellers reluctant to lower prices in Florida
A good part of the owners of real estate for sale in Florida are reluctant to realize the new reality of the real estate market. With significantly higher interest rates compared to last year, demand for real estate in Florida has declined. The loan installment is now...
Technology, finance and hype drive Wynwood
We recently published an article on this blog about the impressive transformation of the Wynwood region in recent years. From a neighborhood occupied by warehouses and abandoned factories, Wynwood has evolved into an art stronghold and, little by little, reaches the...
Homes in Orlando stay on the market twice as long as they did in 2021
In a global scenario of uncertainties and high domestic interest rates, the US real estate market begins to “cool”. The city of Orlando, Florida, considered one of the five largest markets in the US, is currently experiencing a considerably different situation than...
Art Basel Miami 2022: Here’s What to Expect at Miami’s Largest Art Fair
Forbes magazine has prepared a complete guide to Art Basel Miami Beach 2022, the biggest artistic event in Florida that contributes to attracting luxury brands, developers and philanthropists to make the city what it is today, a World Class City. This year's edition...
Wynwood: From sheds to luxury condos
Wynwood takes off and emerges in Miami as a desirable residential neighborhood. Even with high American interest rates, the local Wynwood real estate market is booming with luxury condos priced in excess of $20,000 per square foot. The area, once known as a warehouse...
Miami: The evolution from a tourist destination to a financial and technological hub
In the last 10 years the city of Miami has evolved from a tourist destination to a financial and technological hub, attracting mega corporations from other corners of the US and the world. The real estate sector, in this scenario, has contributed and accompanied,...
October: Median Sales Price keeps rising in South Florida
Despite the restrictive interest rate policy by the US Central Bank (FED), the average property price in South Florida remains on an upward trend. The month of October registered double-digit annual growth, confirming that the imbalance between supply and demand will...
Sales drop in October. But year-to-date still high
Home sales in South Florida continue their downward trend in October, according to a report released by the Miami Association of Realtors. However, year-to-date, Miami-Dade County will have the second best year in sales in historical analysis, second only to 2021....
3 foolproof tips to sell your Florida property faster and for a better price
I'll start this article with a revelation: All sales made at my real estate company followed a unique formula. In fact, it is much more than a formula! It's a detailed method that I've honed over more than 20 years of working in the Florida real estate market. In this...
New townhomes on the way to North Beach
The new project was just approved by Miami Beach's Design Review Board. The development will be located at 7637 Carlyle Avenue and will have units with about 1,200 square feet and private rooftop terraces. The owners haven’t decided if they will do rentals or put the...
What is happening with Miami’s Real Estate Market
After two years of a great inventory and home prices going up almost non-stop, Miami buyers are finally seeing the scenario change. Although mortgage rates are above 6% for 30-year loans, experts say that Miami's real estate market will hold strong as the city...
8 metros in Florida are among the TOP 10 with the fastest growing sales price
The Florida real estate market remains buoyant, while the US real estate sector, in general, shows signs of slowing down due to the rise in US interest rates. Ranking released by REDFIN shows that of the ten metropolitan cities that saw the real estate market...
US interest rates reach highest level in 20 years
The US prime rate hit its highest level since April 2022. The fixed rate for 30-year loans hit nearly 7% in mid-October 2022, according to data released by Freddie Mac on Thursday. The Fed's decisions to raise interest rates significantly have the main objective of...
Aventura Rail Station Nears Completion
Aventura will be the new Brightline’s station in Florida, connecting Miami, Fort Lauderdale, Boca Raton, West Palm Beach and Orlando. A 131-foot-long pedestrian skybridge was just put into place and connect the station to the platform. Once the station is...
LeBron James is the new owner of a unit at the Estates at Acqualina
Famous basketball player just acquired a unit on the 43rd floor at Estates at Acqualina in Sunny Isles Beach, north of Miami Beach. According to public records James paid $9 million for a unit on the two-tower project that was recently completed. The Estates at...
Tips to decorate your house for Halloween
Ready for the spooky season? With Halloween approaching, here are some tips that can help you make your home freak out (and also delight) your trick-or-treaters and neighbors. Commit to a theme: Pick one theme to guide you. If you like pirates, go for it; Is it...
Are we transitioning to a Buyer’s market?
Florida's housing market, characterized by overheating for the past two years, appears to be finally cooling off as the Fed raises interest rates to curb inflation. Some signs of the slowdown are: greater inventory, decrease in the so-called “Bidding War” (competition...
What to do when a hurricane is coming
Florida is a tropical paradise with beautiful beaches, lots of greenery and entertainment options. Because it is close to the Caribbean, it is exposed to tropical storms and hurricanes. Florida's hurricane season officially starts on June 1st and runs through November...
Housing Market Update: What happens when demand and supply both submerge?
We need to address the elephant in the room. The reality is that buyers are facing a massive shock when applying for mortgage relative to what they could have paid just six months ago. But the great question is, does it means that house prices are due for a crash? ...
Crystal Lagoons: Orlando’s New “Beaches”
Can't you go to the beach? Then the beach comes to you! Discover the Crystal Lagoons mega artificial lagoons to be built in the Orlando area! Did you know that Orlando also has a beach? In fact, they are not located in the city of Orlando or nearby, even because...
AMG listing at “The Real Deal” Top sales of September 2022
Unit at Porsche Design Tower listed by AMG international Realty broker, Heloisa Arazi enters "The Real Deal" list of top sales for September. Sold for $5.8M, the oceanfront unit with 4,154 sqft offered it's own private swimming pool and a summer kitchen on the...
Lagoons: The new “waterfront” High-End
It’s well know that home buyers love a water view. A home on a lake for example would sell 25 to 50 percent more than the same house in an inland location. Having this in mind developer Carlos Rosso is launching ONE Park Tower by Turnberry at SoLe Mia in North Miami,...
New mixed-use project coming to Bal Harbour
The planned Residences at Bal Harbour was just approved by the Architectural Review Board and will be constituted by 24-story, 61-unit luxury condo tower that would be built on the 2.7-acre property at 10245 Collins Avenue. The existing Carlton Terrace, built in 1956,...
Tal Avetura: new condo tower to be built in Aventura
2151 Development and 2020 Acquisitions will soon start their new project, Tal Aventura, witch will be located at 2785 Northeast 183rd Street, Aventura, FL. Miami-based Idea Architects to design the project that just scored a key approval from the city. The proposal to...
Price reduction in South Florida homes. What does it means?
The housing prices in Miami-Dade County fell even more and for the first time in months the same thing happened in Broward County, making home buyers hopeful again.. The average sales price of single-family homes went from $570,000 in August to $551,250 in September....
Miami tops FT-Nikkei ranking of best US cities for foreign businesses
Miami has been ranked the best city in the US for foreign multinationals to do business in the inaugural Investing in America ranking compiled by the Financial Times and Nikkei. The Florida city finished first by succeeding where it counts: last year, it pulled in the...
Lake Nona could experience a new boom in new construction
The planned community of Lake Nona, east of Orlando, looks set to see a new boom in construction. Tavistock Development Co., a developer responsible for the community, plans to change the region's development program to nearly double the size of homes, hotels and...
Golden Bay Club Sunny Isles Beach
The Golden Bay Club is a 12-story boutique-style residential condominium. It is located on the southern tip of the island, closest to the Bal Harbor neighborhood. The units have approximately 120 m2. It is only two blocks away from the beach and is considered one of...
5 condos in Sunny Isles Beach that allow short term rental
Sunny Isles Beach is one of Miami's most elegant communities, famous for its luxury oceanfront skyscrapers. The island is also known as the “Riviera of Florida” and its beaches are among the most beautiful in the USA. No wonder the demand for real estate in the region...
Edgewater: Discover the community in Miami
As the name suggests, Edgewater is a small stretch of coastline on mainland Miami, covering approximately 1.68 square miles. It's sandwiched between Midtown and the Upper East Side to the north and Downtown Miami to the south. North 17th Street, North 37th Street, and...
Edgewater community in Miami now following Airbnb trend
The Edgewater neighborhood has finally decided to enter the “Airbnb” trend in a more forceful way. Recently, a new launch, in the same format as those offered in Downtown, was announced in the community: VIDA Residences. The new complex also allows the practice of...
Sale of Mary Brickell Village Complex Signals More Skyscrapers Coming
RPT Realty Group announced on the 23rd the acquisition of the mixed-use complex Mary Brickell Village, in the heart of the Brickell neighborhood. The traditional village in downtown Miami is synonymous with fun and excitement, housing several restaurants, bars and...