florida Archives - Page 6 of 7 - Rava Realty

Buying in South Florida? We have five tips for prospective new homeowners

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Buying in South Florida? We have five tips for prospective new homeowners

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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Extension To Design District and Monorail

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Extension To Design District and Monorail

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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Some Restaurants In Miami Now Have Three-Month Wait Lists, With 150 More Looking To Open Here

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Some Restaurants In Miami Now Have Three-Month Wait Lists, With 150 More Looking To Open Here

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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Flight to Florida? Data show few Manhattanites moved permanently

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Flight to Florida? Data show few Manhattanites moved permanently

Headline after headline made it seem like half of Manhattan had moved to Florida for good.

Reality check: Only a small percentage of Manhattanites relocated permanently to Florida last year. And as vaccinations amp up, many might be returning — or changing their plans to move in the first place, according to Bloomberg News.

Only 2,246 people filed a permanent address change from Manhattan to Miami-Dade County last year, while 1,741 went to Palm Beach County.

Still, even a ...

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Florida Saw The Second Highest Population Growth Of Any State Over The Past Year

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Florida Saw The Second Highest Population Growth Of Any State Over The Past Year

In just a single year ending in 2020, Florida’s resident population increased by 241,256, the agency said.

The data covers changes between July 2019 and July 2020. The figures were released on December 22.

Next year, those numbers could rise even faster as a result of thepandemic.

In the second half of the year, Miami’s real estate market rose to a new record high, with analysts saying that migration trends to Florida were accelerating as a result of covid-19.

(source: ...

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Fisher Island to receive new residences by 2025. Will there be enough demand?

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Fisher Island to receive new residences by 2025. Will there be enough demand?

It’s official: Fisher Island is set for 57 new condos and 12 single-family homes.

The Miami-Dade County Commission approved a plan last week that would bring the total number of residences on the private, 216-acre island to about 800 condo units and about 20 single-family homes.

Construction of the new residences is slated to begin in 2022, with completion in 2025, according to Kobi Karp, founder and principal of the Miami-based Kobi Karp Architecture & Interior Design, project architect.

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