Commercial land values soar in Design District
As the Tory Burches of retail move in, the real estate values move up. Miami’s Design District is poised to become the Rodeo Drive of South Florida, and developers are…
Miami Design District enters new phase of development
A block-long construction site buzzes with activity between Northeast 41st and 42nd Streets at a site dubbed Paradise Plaza, where 60 more ultra-luxury, brand-name stores will open at the end…
Billionaire buyers chased waterfront estates
Brokers are marketing Miami’s ultra-luxury property – the multimillion-dollar waterfront homes sitting on acres with expansive ocean views – to the deep-pocketed hedge fund billionaires from New York. The…
Brokers assemble condos for new projects
When Miami and Miami Beach run out of available waterfront land, developers are forced to get creative, and there are a few brokers who can help them get their hands…
Condo potential downtown grows to 26,000
Miami’s potential condo pipeline grew by 738 units this past quarter compared to last, now promising to inflate the greater downtown market by 26,000 new units. Add to that another…
668 more residences due for Brickell Key
Miami city commissioners have given preliminary approval to the build-out of Brickell Key, a man-made triangular island at the foot of Southeast Eighth Street. The plan from property owner-developer Swire…
Ruble’s decline clips Miami condo market
Industry watchers haven’t seen a significant decrease in Russians buying property since the ruble’s decline against the dollar but have noticed that those who were unsure about moving ahead with…
Million-dollar-and-up Gables homes sell well
The residential market in Coral Gables is so strong that, if priced correctly, single-family homes are selling in less than a week. That’s what Coral Gables Commissioner Jeannett Slesnick has…
Most new downtown condos rented immediately
Condo rental rates in the downtown/Brickell area have largely stayed the same for six months, most brokers agree, but they cite a number of variables to watch going forward before…
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