south florida Archives - Page 2 of 11 - Rava Realty

Dolce&Gabbana joins the Real Estate world

Posted by:

Dolce&Gabbana joins the Real Estate world

In a recent announcement, Dolce & Gabbana, the renowned Italian fashion titan, has taken a bold step into the world of luxury real estate through a strategic partnership with the esteemed developer Michael Stern and his JDS Development Group. Dolce & Gabbana has unveiled plans for two exclusive residential ventures as part of this newfound venture.

The first development is set to grace the vibrant city of Miami, and this anticipated partnership is widely believed to be linked to JDS Development Group’s renowned 888 Brickell Avenue project, ...

Continue Reading →
0

English

, , , , , ,

Jeff Bezos revealed as buyer on so called Florida’s ‘Billionaire Bunker’ island

Posted by:

Jeff Bezos revealed as buyer on so called Florida’s ‘Billionaire Bunker’ island

Billionaire Jeff Bezos, the third richest person in the world, reportedly paid $68 million to purchase a waterfront home in Miami’s Indian Creek Village, a guard-gated island north of Miami Beach. 

The mansion Bezos reportedly purchased was built in 1965 and expanded in 1985. It spans nearly 9,300 square feet with three bedrooms and three bathrooms on a 2.8-acre lot. 

Bezos will be among other billionaires on Indian Creek, including Tom Brady, Ivanka Trump and Jared ...

Continue Reading →
0

English

, , , , , , , , , ,

Finally, apartment rents flatten. But affordability is still a concern

Posted by:

Finally, apartment rents flatten. But affordability is still a concern

According to a new residential real estate report, South Florida apartment rental prices have come back to earth after two years of big annual pandemic jumps of 7% in 2022 and 25% in 2021.Median rents this year through July have only slightly increased by less than 1%, signaling a slowdown in the previously surging rental market. 

The influx of new large apartment complexes in the region has contributed to the decline in rent hikes, adding competition to ...

Continue Reading →
0

English

, , , , , ,

Dolce & Gabbana to brand a condo tower in Miami

Posted by:

Dolce & Gabbana to brand a condo tower in Miami

The Italian designer is the latest fashion house to work with a developer on branded condos in South Florida, as it expands into real estate worldwide.

The development in Miami is likely JDS’ 888 Brickell project; the supertall, at 1,049 feet tall, could become among the tallest in Miami, with other towers also planned at that height.

The branded residences trend has boomed in South Florida, brands such as Porsche Design, Armani/Casa, Aston Martin, Missoni, Ritz-Carlton and others have ...

Continue Reading →
0

English

, , , , , , , , , , , , , , ,

Rents are still high, for now

Posted by:

Rents are still high, for now

The average asking rent in the Miami metro area was $2,141 in the fourth quarter of 2022, up 13.3% from a year earlier, per economic research firm Moody’s Analytics.

The big picture: Many would-be home buyers chose to rent longer last year, sustaining apartment demand. But folks are hitting their spending limit.

  • For the first time in over two decades, households now have to spend 30% of their income on average rents.

The expected surge in supply could help bring down prices.

  • Yes, but: Most cities will ...

Continue Reading →
0

English

, , , , , , , ,

Page 2 of 11 12345...»