south florida Archives - Page 3 of 11 - Rava Realty

Miamians are seeking true love…and shared rent!

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From the outside, Miami might seem like a city of sex-crazed partiers looking for superficial connections. But most of us are softies searching for true romance…and someone to split rent and utilities!

OK Cupid surveyed 2 million daters asking whether they were more interested in love or sex, and found that the majority of respondents in Miami chose love (73%).

Funny thing, 87% of respondents said they’d want to split the rent! A natural choice, as a one-bedroom costing $2,500, splitting that 50/50 with your lover would save about $1,250 each ...

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Coconut Grove estate sells for record $107M

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Adrienne Arsht, a Miami businesswoman and philanthropistsold her waterfront Coconut Grove compound consisting of two homes for $106.9 million, marking a record in Miami-Dade County.

The price is a 29 percent discount from the $150 million asking price from January, when the property hit the market. Still, it is the first time a residential sale surpassed the $100 million mark.

The deal beats the previous record in Miami-Dade, technology company InterSystems founder Phillip Ragon’s $93 million three-house purchase this summer in Golden Beach.

(source: therealdeal.com, picture: compass.com)

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Downtown Miami Metrocenter Details Released

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Miami-Dade County opened the bidding process for a massive 23.7 million square foot Downtown Miami development project called Metrocenter.

One of the main priorities in evaluating bids will be whether the proposals are of world-class urban design, including excellence in architecturewalkability, and if they are transit-oriented (Metrorail, Metromover, Brightline and others are either at or adjacent to the properties). The county will also evaluate whether proposals are of the highest and ...

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Florida Is The Top Ranked State For Wealth Migration

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More wealth is moving into Florida than any other state by far, according to the WSJ.

The report used data on where taxpayers recently moved, newly released by the IRS.

In the most recent year (covering 2020 income), taxpayers with a net total of $23.7 billion in adjusted gross income migrated to Florida.

Texas ranks a distant second, with $6.3 billion in AGI gained for the year.

New York and California were the biggest loserslosing $19.5 billion and $17.8 billion in AGI for the year.

(source: thenextmiami.com)

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The 2022 List Of Every Supertall Tower Currently Being Planned In Miami

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Developers are increasingly planning to build towers in Miami that will reach supertall status (above 300 meters, or around 969 feet), with the real estate market here among the hottest anywhere. And several supertall towers have been announced in recent months, all by top-tier developers.

Here below is the link to the complete article with the list of every supertall currently being planned in Miami. http://ow.ly/WRtc50IMqbr

(source: thenextmiami.com, ...

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Supply chain issues could slow Miami’s condo boom

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Miami’s condo market, known for its booms and busts, is in the middle of a big boom that would typically be threatened by, inevitably, an oversupply of condos. But the dreaded trio of supply chain breakdownsrising costs, and labor shortages pose the most significant hazard.

To offset rising construction costs and prepare for supply chain-induced shortages, some contractors and developers purchase materials and store them in warehouses earlier or modify sales contracts to account for changes to materials and appliances. And those measures may be more widely adopted now that a land war in Europe, ...

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