Miami Archives - Page 16 of 16 - Rava Realty

South Florida: Greener and Better Urban Planning for Miami Beach?

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South Beach alleys could be “botanized” with trees and plants, covered in solar panels, and be rebuilt with covered walkways and rainwater collectors, an analysis from a planning firm says, in a report called The Space Between. The proposal would be guided by the tenets of “tight urbanism”.

The initiatives would increase property values, make the city more pedestrian friendly, and reduce the urban heat island effect, among other benefits.

The ...

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South Florida: May 2019 Market Stats

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Miami-Dade County

Residential sales in Miami-Dade County rose 6.6 percent in May, year-over-year, to 2,796. Single-family home sales increased by 10.2 percent to 1,355, while condo sales increased 3.5 percent to 1,441.

Despite the uptick in closings, total sales dollar volume fell in May by about $20 million to $1.3 billion. While the sales dollar volume of single-family homes was up to $716 million, condo sales dollar volume dropped down to $585.2 million.

Single-family home prices have ...

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South Florida: April 2019 Market Stats

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Miami-Dade

After a rough first quarter, residential sales in Miami-Dade increased slightly in April, up 1.1 percent year-over-year to 2,629 closings. The total sales volume in April was $1.23 billion, compared to $1.19 billion a year earlier.

Single-family home sales rose nearly 4 percent to 1,265, while condo sales decreased by 1.4 percent to 1,364, according to the Miami Association of Realtors.

In March, condo sales rose sharply, up 18 percent year-over-year. Prices increased as ...

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New $ Record for a Single-Family Home in Miami

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A waterfront mansion on the exclusive Indian Creek Island sold for $49.9 million, setting a new record for single-family home sales in Miami.

Property records show AVK Land Holding LLC, managed by Russian attorney Andrey M. Kaydin, sold the 10-bedroom, 14-bathroom home at 3 Indian Creek Island Road to Angouleme Holdings II Limited Land Trust, which could be the same trust as one managed by Qatari businessman Abdulhadi Mana Al-Hajri, The Real Deal reports.

The nearly ...

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How is the market in Miami Beach?

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The 2nd Quarter 2018 Miller-Samuel report tells us that the Miami Beach market had more overall sales activity with a lower pace of inventory growth and a shift towards larger units. There were more transactions, +10.7% from the year-ago quarter. There were more condo sales of three, four and five bedroom homes. Although listing inventory has been rising for more than four years, the rate of growth has slowed considerably in the past year (“only” + 3.9%), which is good. ...

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Miami: The Underline Breaks Ground

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The Underline will transform the underutilized land below Miami’s MetroRail, from the Miami River to Dadeland South Station, into a 10-mile linear park, world-class urban trail and living art destination.

The 10-mile linear park, a $120 million redevelopment of open space under a span of Metrorail tracks roughly parallel to the north end of the Miami River, will link the condos, coworking spaces, and tech offices of the booming Brickell neighborhood with South Miami, in a bid to be a catalyst ...

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