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Miami Real estate posted its best July sales month in history. Right now, the market is on fire. Demand is extremely high, and lots of companies and individuals are moving to South Florida. In addition, mortgage rates are still low. During the month of July, home...

The developers of a new Wynwood mixed-use project just scored a big construction loan. PMG and Greybrook Realty Partners got $142.3 million for the development. Society Wynwood broke ground earlier this year, and upon completion, it will be an incredible addition to...

A new Mexican restaurant in Aventura is on its way. Bodega Taqueria and Tequila is already a Miami Beach favorite, and it is finally coming to Aventura. The owners of the renowned restaurant announced the expansion back in April. The new restaurant in Aventura already...

Miami has always been an extremely popular spot. However, now more than ever, people from all around the country are chasing the popular Miami lifestyle. That is why many renowned restaurants, clubs, etc, have opened or will open locations in the area. In fact, a very...

In June, South Florida construction starts tripled compared to the same month last year. In total, construction in the area climbed 240%, reaching $1.9 billion. Residential construction rose 234%, reaching one billion. As for non-residential, these rose by 245% to...

The real estate market in South Florida is hot right now. So much so, that New York Mets owner Steven Cohen wanted in. In fact, Cohen bought an incredible South Florida mansion for $21.6 million. The details? This 31,000 square feet mansion features seven bedrooms....

Condominiums have always been a huge part of South Florida, shaping the skyline, and making the city look more beautiful. However, now more than ever the condo market in Miami is changing to accomodate the high demand. So much so, that thousands of new units are being...

On average, most Americans move about a dozen times in their lifetimes. Moving can be a very exciting process, but it could also come with some stress. That is why working with an experienced real estate professional is crucial for making this move as smooth as...

During the week of August 8 to August 14, Miami condo sales dropped. For that period, the total for condo sales was around $131 million. This was down from the previous week, when the total was $162 million. Furthermore, sales volume also dropped to 208 units from...

Because of many factors, real estate prices have gone up in South Florida. Therefore, condo sellers can expect some price increases by the end of 2021. This is because there is a dwindling inventory of units for sale. Despite many newcomers, the condo market in South...

Right now, many renters are looking to continue working from home. Therefore, they are looking for rental properties that offer a home office space. However, because this has become such a popular home feature, these renters might have to pay premium prices for it. In...

During the covid-19 pandemic, demand for second homes surged in the U.S. In pre-pandemic times, around 3-4% of mortgages were associated with second homes. However, due to low interest rates, and the ability to work remotely, this market heated up tremendously. During...

An incredibly luxurious Boca Raton Mansion is up for grabs for $45 million. Located in Royal Palm Yacht & Country Club, this waterfront home is truly a dream come true. It is situated in almost one acre of land. In addition, it features a main residence and a...

Hélio Castroneves, a Brazilian auto racing driver recently sold his Fort Lauderdale home for $6.7 million. In fact, the seven bedroom home is truly a dream come true. Located at 31 Pelican Drive, this 6,472 square foot mansion was originally listed at about $6.9...

Right now, the real estate market in South Florida is very hot. In fact, many big names in tech and business continue to move to the area. Recently, the co-founder of St.Louis-based venture capital firm, Dreampact Ventures, purchased a Bay Harbor Islands home. Him and...

A developer is planning on building an incredible Miami residential project. In fact, the project will consist of two 20-story buildings containing residential units, commercial-retail uses, and office space. Furthermore, it will be located at 3898 Shipping Ave. in...

Good news about Coral Gables real estate! A new $500 million Life Time-branded project was completed. Trader Joe's will be a tenant, and it is expected to open in October. This incredible project features 1.2 million square feet and 14 stories. This new Coral Gables...

Right now, the single-family home market in Miami is very hot. Andrew Mirmelli, a renowned investor, recently took advantage of this and purchased a gorgeous Miami Beach estate. The owner of M&M Parking Management Services purchased this property for $21 million,...

Last week, total condo sales amounted to almost $162 million. This was an increase from the previous week, when the total was $154 million. However, sales volume dropped to 237 units from 285. The total increase because there were two huge Fisher Island home closings...

One of Miami's most renowned developers just listed his private Coconut Grove estate for $33M. Better known as "Condo King," billionaire Jorge Perez is selling his private home. Perez is the CEO of Related Group, which is a development company that has been around...

Right now, demand for real estate is very high. Because there are many buyers competing for properties, it is considered to be a seller's market. Although buyers can still find great opportunities, they have to move a lot faster in order to get the property they are...

A new Coral Gables real estate project is in the pipeline. In fact, Codina Partners is looking to start site preparation this year for a brand new luxury project. It will be aimed for those looking to "right-size." The new project, Regency Tower Coral Gables, will be...

A hospitality fund recently purchased an Ocean Drive hotel in Miami Beach. In fact, Optimum Development USA sold the Celino South Beach hotel complex to CGI Hospitality Opportunity Fund I. Rodriguez's A-Rod Corp. Adi Chugh of Maverick Commercial Properties also joined...

Right now, home sellers are seeing very big profits as real estate prices keep rising. However, during the second quarter of this year, the profit margins were not as robust as one might expect. The median profit for single-family and condo sales in the second quarter...

Are you looking to sell your home? If so, you might want to consider undergoing some improvements in order for it to sell faster and for a better price. Right now, the market is really hot, and making a few upgrades can make a huge difference in the amount of interest...

Melo Group's new construction, Aria Reserve in Edgewater is set to begin in early 2022. This new development will become the tallest waterfront residential twin towers in the U.S. In fact, they will be 60 stories and measure 637 feet above ground. Right now, sales are...

Recently, Gloria and Emilio Estefan sold their Star Island mansion for $35 million. At 7,988 square feet, this home is a dream come true. Located on 1.3 acres, the sale equated to $4,382 per square foot. The Star Island mansion was listed for $32 million in 2019....

A venture capitalist recently purchased a Bay Harbor Islands home for $12 million. In fact, Fued Sadala, an executive at Anheuser- Busch purchased the home, setting the record price for waterfront sales in the island. The eight bedroom, 7,098 square foot home is a...

GEO Group executive, David Meehan, recently sold his Boca Raton home for $19 million in an off-market deal. The 11,753 square foot home was purchased by professional racer, Jason McCarthy and his wife. In total, the price of the home equated to $1616 per square foot....

Lions Group from NYC recently purchased a development site in order to turn it into a new Downtown Miami apartment tower. The New York group allegedly paid $10 million fo the site which has already been approved for a project. M Tower will be a 53 story apartment...

Right now, the Orlando real estate market is seeing historically high rents. Rents in the are have risen continuously in the last couple of months. In fact, since March 2020 rents in Orlando have increased by an average of 14%. Right now, the average cost of rent in...

In the past, Fort Lauderdale was a very popular spring break destination for college students. Starting during the 60s, 70s, and 80s, thousands of college students would stamped the city. Therefore, the City Commission started campaigning to flip the demographic. This...

During the pandemic, many international homebuyers had trouble purchasing in the United States due to restrictions. However, more than 100,000 homes were bought by foreign buyers from April 2020 to March 2021. Buyers from neighboring countries made up the majority of...

Mila, a renowned Lincoln Road restaurant just got approval to add an entertainment venue. In fact, the restaurant will be adding a 7,352 square foot nightlife space on the second floor of the 800 Lincoln Road building. This new area will serve drinks, food, and will...

Last week, a Porsche Design Tower Condo led the weekly condo sales in the area. Although there were less units sold than the previous week, the $16.6 million closing at the Porsche tower helped the sales volume rise. In that period, a total of 215 condos were sold for...

A Biscayne Bay mansion tripled its value in two years. That is right. A mansion located in the Bay Point Neighborhood sold for nearly three times what it did back in 2019. Previously owned by Jose Gregorio Breindembach Ziegler, this 4,462 square foot mansion is a...

The Miami Dade real estate market set a huge record in June. In fact, it saw the highest number of residential sales in one month in almost 30 years. This is a huge sign that the demand for homes in South Florida is still extremely high. During June, Miami-Dade saw...

Miami is full of incredible attractions for both locals and tourists. With so many glamorous spots, everyone can enjoy a very fun time in the area. If you are visiting Miami, you will find a lot of hotel options that will make your stay even more magical. However,...

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...