south florida Archives - Page 8 of 11 - Rava Realty

Single-family houses may be hot, but luxury condos are selling better than you think

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The pandemic might have driven some buyers out of towers and into single-family houses. But recent sales are proof that for many luxury buyers, condos are still the way to go in South Florida.

The luxury-condo market was oversupplied even before this year. Once pandemic restrictions began, Realtors were forced to go virtual. To attract buyers, they added incentives and dropped prices.

The sales team behind Armani/Casa is offering gift cards worth $25,000 for home buyers to purchase furniture from Armani/Casa, said ...

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Condo Sales Volume Plunges in Miami-Dade

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Condo sales volume dropped by more than $20 million last week.
A total of 49 condos in Miami-Dade County sold for $30 million last week. That’s compared to 47 units that sold for $54 million the previous week. Condos last week sold for an average price of about $616,000 or $362 per square foot.

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Condo sales fall in Miami-Dade

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Condo sales in Miami-Dade County began to drop last week.

A total of 61 condos sold for $41.5 million last week, amid the coronavirus pandemic. That is compared to 102 units that sold for $54 million the previous week. Condos last week sold for an average price of about $680,000 or $397 per square foot.

The most expensive closing was at Fendi Chateau Residences in Surfside. Unit 806 sold for $6.9 million, or $1,538 per square foot, after 510 days on the ...

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Miami-Dade orders all non-essential businesses closed due to coronavirus

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Miami-Dade Mayor Carlos Gimenez has expanded his order of businesses that must close — and those that can remain open — during the coronavirus pandemic. All malls and casinos will have to shut down. Construction sites, hotels and banks can remain open.

Medical facilities, grocery stores, gas stations and restaurant kitchens can stay open for pick-up and delivery. The announcement is effective Thursday at 9 p.m.

Gimenez ordered all non-essential ...

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Brickell’s Riverside is now officially open!

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Riverside, a waterfront dining and entertainment venue, is now officially open in Brickell.

The venue is opening in phases, Riverside will have seven dining concepts, a tap room, multiple bars, outdoor activities and green space.  In total, there will be 120,000 square feet of space on the Miami River. The design and landscaping at Riverside is said to be recreating an old Florida ...

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First look at Renzo Piano’s first residential project in the western hemisphere

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renzo piano

Here’s a first look at Eighty Seven Park, the newly completed beachfront residential project in Miami Beach. It is Renzo Piano’s first residential building in the Western Hemisphere.

“When I look at how the glass and suspended decks of the building appear to float, and how they catch the ...

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