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Entire Block in Downtown Tampa will be demolished to build a luxury condo
A whole block in the downtown city of Tampa will be demolished for the construction of luxury condominiums. As reported by Tampa Bay Business Journal, one of the Tampa region's largest and best-known homebuilders, the Kolter Group, paid nearly $12 million for the...
Florida remains the main destination of the great COVID migration
A recent article published by the real estate portal Redfin.com shows that more than 30% of the American population wanted to move, including to other US states, between the months of October and December 2021. This significant percentage of people considering moving...
International Drive Orlando: Main avenue of the city
International Drive in Orlando, also known as i-Drive, is the city's main avenue. It is the link between the main attractions of the city. On International Drive you will find malls, outlets, parks, a variety of hotels, restaurants, shops, cafes and much more....
World’s tallest slingshot opens at ICON Park in Orlando
Two exciting new attractions have opened at ICON Park in Orlando. The two toys are considered the biggest in the world in their respective categories. One is the long-awaited Slingshot and the other is the Drop Tower. Keep reading to know what these toys are and if...
Developers repurchasing old buildings in Florida to build new ones
With Florida's real estate boom and the lack of available land, particularly oceanfront land, Florida developers are making a bold move: repurchasing old buildings. The initiative requires that all apartments in the same building be sold by their owners, a consensus...
Champlain Towers: Surfside Collapse Not Yet Cleared
The partial collapse of the Champlain Towers building in June 2001 in the Surfside community remains unanswered. The tragedy, which shook the Florida Real Estate industry and left 98 casualties, is under investigation and it seems that the work to identify the causes...
Lake Nona keeps growing
Lake Nona is becoming a very positive force in the Central Florida economy, with names like Amazon.com Inc., KPMG LLP and Verizon already having a large presence in the area - and now also the Disney group. Located southeast of Orlando, one of Central Florida's...
Venetian Islands: Discover these tropical paradise nearby Miami Beach
The so-called Venetian Islands are a set of artificial islands located between Miami Beach and the mainland of Miami, connected by bridges, known as the Venetian Causeway. The islands are famous for being home to residential homes and super luxurious mansions. There...
Key Biscayne Vs Fisher Island: What is the best island to live in Miami
Living or having a second home on an island in Miami, enjoying all the lifestyle by the sea, is the desire of many. Miami offers great island communities, but each has its own uniqueness and differences. There are islands that are just luxurious enclaves with luxury...
Investors purchased nearly 25% of Orlando homes
In recent years Central Florida, especially like Orlando's cities and surrounding communities, have seen an incredible increase in demand for residential homes. Residents of regions in the north of the United States, such as New York, for example, are part of the...
7 key things to know before buying a penthouse in Florida
Buying a Penthouse in Florida is a dream for many and a symbol of status. A penthouse in Miami brings the exclusivity of a lifestyle with glamor and luxury, in addition to all the comfort and privacy that a "house in the sky" provides. However, a penthouse also have...
Moving to Florida? Check out 8 hot cities for 2022
Recent report released by the Redfin real estate portal listed the top 8 Florida cities in 2021 and that promise to remain at the top of the ranking among "hot neighborhoods" (rising communities) by 2022. Most of them are located near the city of Sarasota, south of...
Thinking about making money with Airbnb? Check out these important tips first
Short term rental platform Airbnb released its first financial results after going public (IPO). In 2020, the platform earned US$ 3.4 billion, 30% less than that reported in 2019, which was US$ 4.8 billion. The drop is mainly due to the pandemic, which slowed down the...
Co-Primary Homes: What is and Why Is This a New Trend
The concept of "co-primary" home is similar in many ways to that of "second home", but it makes a substantial difference. While the second home is only used for seasons, a "co-primary" home, as the name suggests, also carries the characteristics of a first (main)...
“House in the Sky”: The concept that became a trend in Miami
Do you prefer to live in a house or an apartment? Both residence formats bring advantages and disadvantages. Houses tend to bring a greater sense of home and coziness, in addition to giving more freedom and privacy to owners. Apartments, on the other hand, can bring...
Tampa Bay Attracts South Florida Residents
It is not news that the population of Tampa Bay is growing. The state of Florida welcomes thousands of new residents each week, and the Gulf Coast region, where Tampa Bay is located, is one of the most sought after. What is surprising, however, is that the influx of...
Estates at Acqualina: South Tower is Sold Out
The luxury development The Estates at Acqualina, in Sunny Isles Beach, no longer has units in the south tower to sell. It is "sold out", that is, the 154 exclusive residences, ranging in size from 300 m2 to 520 m2, have been sold. There are still a limited number of...
Waldorf Astoria Miami: Inside the Waldorf Astoria’s Sky Collection
How about living or having a second home at the Waldorf Astoria? You are probably imagining the elegant and luxurious hotel in New York. Actually, we are talking about Miami, Florida. The exclusive hotel brand partnered with a Florida developer for the launch of its...
Florida will have a new park, among other attractions .. Check it out!
TM Latin America in conjunction with the Kennedy Space Center recently announced new developments for Central Florida. The highlights were the Peppa Pig's new park, to open on February 24th, as well as new attractions at the NASA complex, the Kennedy Space Center and...
Art Basel marks the return of international tourism to Miami
One of the biggest artistic events in the world, Art Basel Miami Beach, returns to Miami in person after having been suspended in 2020. The fair marks the return of Brazilian mass tourism, with the reopening of US borders to several countries, including Brazil. Art...
Porsche Tower X Bentley Residences: Who Will Win the Battle?
The recent announcement by construction company Dezer Development about the launch of Bentley Residences, in Sunny Isles Beach sparked the debate over which luxury condo on the island would remain at the top of the list among Florida's most modern and luxurious:...
Condos in Miami: Should I buy or sell?
This week a friend and client who owns a unit in the luxury Porsche condominium in Sunny Isles Beach asked me if now would be a good time to put the unit up for sale. The unit was purchased at the plant at first list prices. This client is from Brazil and, therefore,...
Buyers facing competition from investors in Florida
The Florida real estate market is so hot that residents are now competing with investors. The inventory has reached such a low level that the same house is being disputed by up to 6 people. Residents who need to move or families looking for their first home face an...
Florida home builders can’t keep up with high demand
Developers in Florida are failing to meet the very high demand for real estate in the state. This isn't just a "Sunshine Estate" challenge. Lack of labor and lack of materials are some of the factors that contribute to this imbalance. Demand for new homes, on the...
20% appreciation in one year?! Yes, this was the real estate appraisal in Orlando
The average price of real estate in Orlando reached the value of US$325,000 in October 2021, which means an appreciation of more than 20% compared to October 2020 (US$269 thousand), according to data released by the Orlando National Association of Realtors. The...
Porsche Design plans to have its own luxury hotel chain
The renowned Porsche Design brand has also decided to start a business in the hotel sector and plans to open around 15 luxury hotels in cities such as London, Dubai, Singapore and Shanghai. The German brand, which has already made a bold move in Miami with the 2017...
Disney Employees Begin to Move from California to Florida
Disney is one of the great organizations that chose Florida to migrate part of its divisions. In the last two years, Florida has attracted companies from all corners of the US more significantly. The main reason is that "Sunshine Estate" is perceived in the American...
A wave of international buyers looking for Florida real estate
The opening of the US borders to Canada, Russia, Brazil and 30 other countries is already showing signs that there will be a strong flow of international investors looking for real estate in Florida. The already heated housing market is projected to suffer even more...
Video: Gil Dezer explains hurricane-proof technology at Porsche Design Tower
In this video CNBC interviews Gil Dezer, builder of the Porsche Design Tower in Sunny Isles Beach. The luxury oceanfront building in Miami offers one of the most innovative anti-hurricane technologies in the world, which can include winds of over 200 km/h. The tower...
Hurricane proof homes in Florida: Everything you need to know
Florida is one of the states most affected by tropical storms and hurricanes in the US. Usually the formations happen in the Caribbean region, starting as a tropical storm, and can gain strength until becoming hurricanes with devastating winds, which reach category 5...
Michelin Guide is finally coming to Florida
VISIT FLORIDA, Florida's official tourism marketing and advertising corporation, recently announced an agreement with the renowned Michelin Guide to offer the famous stars to the best restaurants in the Miami regions, Orlando and Tampa starting in 2022. As a result,...
Record: $30 million mansion sold in Highland Beach
A mansion that has just been sold in the Highland Beach, a community near Boca Raton, sets the record for the highest price for the second time this year. The luxury oceanfront home features an architecture and decor that uniquely conveys the feeling of “luxury...
Shaquille O’Neal’s mansion in Isleworth finally sells
Finally, after long three years in the market, Shaquille O’Neal’s mansion in Isleworth finally sells, but not for the price he wanted in the beginning. Shaquille needed to make several reducing in price to finally sell the huge property in Windermere. The Florida...
Paramount Miami Penthouse features a deck big enough for a flying taxi
The sky-scraping Paramount Miami Worldcenter condo tower in downtown Miami is one of the first to boast a rooftop “skyport” deck designed to accommodate future flying taxis - REPORTED ROBB REPORT. But an amazing 4,000-square-foot penthouse on 52nd floor of the...
Real estate slowdown in Florida? Not so fast
Homes in South Florida are growing more overvalued, suggesting that the housing market may not be slowing down anytime soon, reported Sun-Sentinel. A housing index released this week by researchers with Florida Atlantic University and Florida International University...
Latin Americans shaking up Miami’s luxury real estate market
Political upheaval in Latin American countries has led to many of their wealthiest residents taking money out of their countries – a trend evidenced by their luxury properties in Miami, Florida - REPORTED EL PAIS. Over the last year and a half, while the global...
South Florida offers some of the best schools in State
Not so long ago, the search for real estate in Florida had two main objectives: 1 - leisure (second home) or 2 - investment. In recent years, however, the main motivation has been another: moving and living in Florida. Mainly Americans residing in northern states of...
Gil Dezer on Branding, Bentley and His Favorite Car
Must read interview with one of the biggest developers in Florida (Gil Dezer), released by the Commercial Observer. It's worth reading until the end, as Dezer doesn't just comment on his success in creating partnerships to build towers associated with big brands...
Sale At Eighty Seven Park Leads Weekly Condo Sales
From the week of October 17 to October 23, the top weekly condo sale was at Eighty Seven Park. The unit sold for more than $9M. In total, condo sales dollar volume for that period reached $114.4 million. This was a slight decrease from the total of $124M from the...
Miami Condo Sales Break Another Record
So far, 2021 has been a very important year for Miami real estate. According to the Miami Association of Realtors, the Magic City continues to break records. In fact, Miami-Dade registered its best September sales month in history. It established a new mark for the...
High inflation creates opportunity to invest by leveraging with fixed interest rates
That buying real estate is a great protection against inflation everyone knows. What few people realize is another great advantage to be taken advantage of in Florida today: interest rates remain fixed (... and low) for the longest period of the loan. In other words,...
Learn how to leverage your investment in Orlando
The term "investment leverage" is common to many advanced investors. Leveraging investment means borrowing resources to increase the potential return of an investment. In this way, the investor maximizes gains with a much larger investment, without the need to use own...
Weston turns 25: Along the way, it’s been rated as the best place to live in Florida
The Weston community on the edge of the Everglades turns 25 years old. The city was incorporated in 1996 and, at that time, it was hard to believe it would become one of the best places to live in Florida. Some of the characteristics that make Weston one of the most...
What is the expected return on investment for Orlando vacation rental?
One of the favorite investments of global buyers in Orlando is the purchase of vacation homes in condominiums near the parks. These are called Vacation Homes, which allow seasonal rentals. Thus, it is possible to obtain income from the rental activity, which makes the...
Fort Lauderdale Home Sold to NFL Player For $6M
Right now, many high profile names are buying properties in South Florida. Recently, Joey Bosa, an NFL player for the Los Angeles Chargers purchased a Fort Lauderdale home for $5.8 million. The home, located at 2401 Solar Plaza Drive was purchased by Bosa through a...
The Miami Book Fair Is Back!
Good news for the Miami community! The beloved annual Miami Book Fair is back, and this year it will finally incorporate some in-person events. Due to Covid, last year's fair took place virtually. There were no live author readings, no food stands, and no strolling...
What is the Occupancy Rate for Orlando Vacation Rental?
Home to the land of Mickey Mouse and Disney World, world-class golf courses, fine dining and shopping, Orlando attracts a wide variety of tourists and travelers from around the world. More than 70 million people visit the city annually, representing nearly 60% of all...
Fisher Island Home Sale Tops Miami-Dade Weekly Sales
From October 10 to October 16 a Fisher Island home led the sales. The incredible unit at a prestigious condominium sold for nearly $24 million. Unit 6893 at Palazzo Della Luna was on the market for 650 days. In total, the condo sold for about $2,500 per square foot....
One Thousand Museum Developers Are Proposing A New Project
The developers of the renowned luxury project, One Thousand Museum, are proposing a new waterfront luxury condo. The new development would be located in Edgewater and called 729 Edge. 729 Edge would expand 342,848 square feet, and be 58 stories tall. The project would...
6 reasons why larger houses rent better in Orlando
Making money with vacation rentals is nowadays one of the best real estate investments in the world. The so-called Vacation Homes in Orlando are the most desired by international investors. It couldn't be different! Orlando is one of the most visited cities on the...