20
JUL
2021
JUL
2021
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South Florida Stats June 2021
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Terra, GFO Investments and New Valley plan to break ground this month on Five Park, a 48-story, roughly 280-unit tower at 500 Alton Road that will become the tallest building in Miami Beach at 519 feet upon completion in 2023.
Five Park will feature two-, three- and four-bedroom and penthouse condominium and multifamily units. “Building amenities,” the press release said, “will include an amenity deck with tw2o swimming pools, a restaurant, sunset viewing lounge areas, a resort-style spa, and a state-of-the-art ...
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22
JUN
2021
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JUN
2021
So far in 2021, residential real estate experts are reporting a powerful new wave of buyers, increasing the demand on an already low housing inventory throughout Miami-Dade County.
The powerful new wave of domestic buyers, purchasing more expensive primary residences and second homes with longer stays, is a also direct result of the pandemic catapulting the remote working trend, tax reform creating tax refugees, Florida’s no state income tax, and the influx of technology and finance companies; not to mention the quality of ...
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18
JUN
2021
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JUN
2021
A favorable tax environment, company expansions, the trend of working remotely and, yes, the climate are drawing more residents from California, Chicago and states across the northeast.
Here are five tools and tips to makes the search easier:
▪ Set a realistic budget: Real estate experts recommend that buyers spend a maximum of three-and-a-half times their annual income on a home purchase. A household that earns a total of $100,000, for example, could spend up to $350,000 on a condo or house.
▪ ...
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27
APR
2021
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APR
2021
Extension To Design District and Monorail
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Miami-Dade commissioners voted to accept funding from the cities of Miami and Miami Beach to pay for engineering studies needed for the Beach Corridor rapid transit project.
The two cities will contribute $417,000 towards the cost of the study.
The Beach Corridor includes a few separate projects. Completion of the Monorail is expected in 2026.
(source: thenextmiami.com)
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7
APR
2021
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APR
2021
Some Restaurants In Miami Now Have Three-Month Wait Lists, With 150 More Looking To Open Here
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It’s getting difficult to get a reservation at certain restaurants in Miami as new residents continue to flood into the area.
Restaurants from New York and all over the country are lining up to open in Miami, as they try to capitalize on the great migration here that has been accelerated by the pandemic, both outlets reported.
One restaurant broker said that he has been contacted by 150 different groups in the past 60 days alone looking for space ...
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6
APR
2021
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APR
2021