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Legacy Hotel And Residences In Miami Worldcenter Gets City Ok
Miami Worldcenter is changing Downtown Miami. With many new incredible projects, this development is one of the most anticipated ones in the area. Recently, it was announced that the 51-story Legacy Hotel and Residences got approval from the city. This incredible new...
Miami’s Financial District Keeps Growing
Brickell, also known as Miami's financial district keeps growing. In fact, it was recently announced that two new firms are moving to the area. Legend Advance Funding and Matrix Renewables are joining the Miami action. Both companies recently signed leases for 2,500...
Continuum Unit Leads Weekly Miami-Dade Condo Sales
From September 12 to September 18, a Continuum unit led sales. The gorgeous luxury condo was sold to tech entrepreneur Hari Ravichandran for $8M. The sale price for unit 3507 equated to $2,708 per square foot. The Continuum unit only spent 7 days on the market before...
Broward Condo Sales Rose By 51% This Summer
Right now, the South Florida real estate market is on fire. So much so, that the Miami Association of Realtors reported a huge surge in home sales during the summer. In total, Broward county home sales increased by 23.9% YoY in July. The number rose from 2,970 sales...
Nicky Jam Bought a Downtown Miami Condo
Singer, songwriter and reggaeton star Nicky Jam just bought a Downtown Miami condo. The artist purchased a gorgeous unit at One Thousand Museum for $6 million. The 4,600 square foot unit truly brings luxury to the next level. Featuring give bedrooms and five...
Baccarat Miami: Everything You Need To Know
Baccarat Residences Miami introduces the city to one of the most prestigious luxury hotel brands in the world. In fact,the three towers will feature 57, 77 and 82 stories. Furthermore, Baccarat Miami offers 360 residences. The famous architecture firm Arquitectonica,...
Senior Housing In Miami Beach? A New Project Is On The Way
Good news for seniors! A new affordable senior housing in Miami Beach is on its way. In fact, the new project will be located on Normandy Isles Historic District. This new project will feature 4 stories and will be replacing an existing building with four occupied...
Investing in Real Estate Can Hedge Against Inflation
Right now, the cost of goods across several industries is rising. This has caused many to worry about inflation and no longer being able to afford certain items. However, there are some financial moves that people can do right now to hedge against inflation. One of...
Miami Beach Condo Sold To Nascar Driver For $6M
Brian Vickers, a retired Nascar driver recently purchased a Miami Beach condo. Vickers paid a total of $6.3 million for the unit at the Continuum South tower located at 100 South Pointe Drive. The gorgeous home features two bedrooms and 1,940 square feet. In total,...
District 225 Miami: Turn-Key Units + Short Term Rentals
District 225 Miami, Related Group's newest project will be a great addition to Downtown Miami. Featuring 343 fully furnished units, this incredible project will have the ability to offset costs via Airbnb. District 225 will offer a very flexible living environment...
Women’s Club of Miami Building in Edgewater Is Getting a Rooftop Restaurant
Edgewater is one of the coolest neighborhoods in Miami. Offering a great lifestyle, this incredible neighborhood truly has it all. In addition, it continues to grow. In fact, an ultra-luxurious rooftop restaurant is about to be added to one of its historic buildings....
St. Regis Sunny Isles: Here’s What We Know So Far
Rumor has it that a St Regis brand development is coming to Sunny Isles Beach. So far, there is not a lot of information regarding the project. However, there is enough to suspect that more news are coming soon. Here is what we know so far: Located at 18801 Collins...
Short Term Rentals: Why They Are Great Investment Opportunities
Right now, there are many new projects in Miami that allow short term rentals. Developments like Legacy, YotelPad, District 225, Natiivo, etc, all allow you to stay in your property, and rent it when you are away. Short term rental properties are great opportunities...
3 Moving Tips That Will Make You Feel At Home Faster
Moving into a new house is often a very exciting experience. However, it can also be somewhat overwhelming. A lot of times, it takes a bit of time to get used to your new space. Especially if you take a long time to unpack and get settled. If you've been looking for...
Brickell: 3 Reasons Why Everyone Wants To Move There
Right now, Brickell is one of the most popular neighborhoods in South Florida. This is no surprise, as Miami's financial district has a lot of things to offer. Right now, the vibrant neighborhood has a lot of fantastic real estate options. In addition, residents have...
Top Neighborhood Features That Young Buyers Value
Right now, a lot of young couples are looking to invest in real estate. These millennials are looking for very specific things. These young buyers value things such as home offices, good building amenities, etc. However, another thing that these buyers are looking for...
Kitchen Hacks: 3 Things To Check in the Kitchen as a Homebuyer
Buying a home is an incredible experience. Visiting properties and narrowing down what you like is very exciting. However, sometimes as a first time homebuyer (or one who hasn't looked in a while!) it is hard to know what to look for. The kitchen is a very important...
Will the South Florida Real Estate Market Remain Hot?
Right now, the South Florida real estate market is thriving. The demand for condos, apartments, single family homes, townhomes, etc, is soaring. But, will the market remain like this? Last month, property sales dropped a bit compared to July 2020. This drop could be...
New Hialeah Rental Community Brings More Living Options
Hialeah, also known as the "City of Progress" is slated for a new community. The new $90 million Hialeah rental community will expand living options in the area. This new project will consist of a 10-story apartment rental building. Inside, the community will feature...
Playa De Veradero: An Incredible New Project In Sunny Isles
Earlier in 2020, Fortune International Group and Château Group received a $119 million loan for the refinancing of La Playa de Veradero. Located in Sunny Isles Beach, this incredible project will bring luxury to the next level. The 4.7-acre site boasts beach frontage...
Miami Real Estate Is The Most Attractive for Out-of-Towners
Miami is the number one city (on a list of 112 metropolitan areas) where out-of-towners want to move. Although Miami has always been a very attractive spot, now more than ever, people are craving its incredible lifestyle. Because of the pandemic, remote work...
Miami Mansion Sold For $23 Million
Miami's real estate is hot hot hot! Right now, everyone wants to live in this piece of paradise. In fact, another big California investor just purchased a gorgeous Miami mansion. The home is only one year old, and it is located on the Venetian Islands in Miami Beach....
Floating Vacation Homes? Yup, And They Are Coming To Miami
A renowned vacation rental company is planning on bringing floating vacation homes to Miami. Each 2,380 square foot home is expected to rent for about $1200+ a night. Eventually, these floating homes will be linked together to form a resort. Each of the vacation homes...
Florida Real Estate Remains Target For Out of Town Buyers
For the last couple of months, the real estate market in the Sunshine State has been hot. Right now, people from out of town are incredibly interested in Florida real estate. In a new analysis, it was found that the number of homebuyers moving to Miami tripled...
Underline Miami Officially Starts Next Phase
Underline Miami, an incredible linear park and urban trail is on its way to deliver its second phase. Once completed, the project will encompass 120 acres of park that covers 10 miles of the area under the Metrorail. The goal of the project is to improve quality of...
5 Benefits of Homeownership
Nowadays, a lot of people are stuck between the decision of buying or renting a home. Both buying and renting can have different pros and cons depending on what you are looking for. However, those looking to establish roots might want to consider buying. Purchasing a...
Cash Buyers Account For A Third Of US Home Sales
Right now, more and more buyers and investors are upping the home-buying competition by coming in with cash on hand. In fact, a third of all U.S home sales in the second quarter were sold to cash buyers. This was up 20.6% from the year prior. In fact, this was the...
South Florida Rents Continue To Rise
Right now, South Florida rents continue to increase, making the lifestyle in the area more expensive. This increase is highly due to an increase in demand as well as higher home prices. Because of the pandemic, many people from out of state opted to move to South...
Hialeah Real Estate: New Projects in the Pipeline
Hialeah real estate is getting some action. In fact, some new low-rise apartments and a charter school are planned next to the Hialeah Park racetrack and casino. These projects are part of the first phase of a long-term development in the 200-acre property. The...
Dade Condo Sales Jumped in Weekly Report
From August 15 to August 21, Miami Dade condo sales jumped. During that period, condo sales totaled $148 million. This was up from $131 million the week before. Overall, sales dollar volume rose to 226 units compared to 208 units the prior week. This week, condos sold...
Miami Dade Real Estate Continues to Thrive
The real estate market in South Florida has been extremely hot ever since the pandemic hit. More than a year later, Miami Dade real estate continues to thrive. However, though residential sales keep rising, the declining inventory has been a challenge for some...
Looking to Sell Your Home? Here are 5 Mistakes to Avoid
If you are looking to sell your home, chances are you are trying to do so fast and for the best possible price. The truth is, right now the market is very strong for sellers. However, there are still some things you need to consider in order to be the most successful...
Demand for Private Mortgages is on the Rise
Private-label mortgages had almost disappeared following the financial crisis. However, the demand for these private mortgages is now on the rise. These type of mortgages are ones that are bought and sold without the backing of the government. During the last quarter,...
Miami Real Estate Transactions Broke Records in July
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...
New Wynwood Mixed-Use Project Scores $143M Loan
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...
New Restaurant in Aventura Brings a South Beach Favorite To The Area
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 Lifestyle News: New LA Restaurant is Coming to Miami!
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...
South Florida Construction Starts Tripled in June
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...
South Florida Mansion Sells For $22M To Mets Owner
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....
Condo Market in Miami is Changing Due To Increased Demand
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...
Tips for Moving: How To Have A Smooth Transition
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...
Miami Condo Sales Dropped in Mid-August
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...
The Condo Market in South Florida Can Become a Strong Seller’s Market
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...
Home Office Space Remains Popular Amongst Renters
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...
Second Homes Became Very Popular During The Pandemic
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...
A Boca Raton Mansion Is Selling For $45 Million
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...
Auto Racing Driver Sells Fort Lauderdale Home For $7M
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...
Bay Harbor Islands Home Sold To Venture Capitalist
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...
Another Miami Residential Project Is In The Pipeline
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...
Coral Gables Real Estate: Mixed-Use Project is Complete
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...