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Buying or renting? Here is your 2018 real estate study

August 10, 2018
Florida has an attractive real estate market, whether it's the prices, tropical temperatures, lower taxes and more. However, with so many incentives, there is the doubt: what neighborhood to buy? How is the market for renters? Bendixen & Amandi International, in collaboration with the Miami Herald, have surveyed about 100 brokers, agents, and analysts to help answer these questions. For those who rent, Downtown Miami continues to be the number one choice. Those with tight budgets may consider the neighborhoods of Homestead, Miami Shores, and Kendal. Investors: pay attention to the Design District. Although it remains popular, Miami Beach buyers,…
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Here’s a first look at the Miami Beach Convention Center

Curious to see the $620 million transformation of the Miami Beach Convention Center? Almost at the end of the works, the team at Fentress Architects, Arquitectonica, and West 8 released new images and renderings of the project with its iconic wavy exterior and lit reception. Made from 500 aluminum "fins" to mimic the waves, the project boasts a 500,000-square-foot exhibit hall, combined 127,000 square feet of meeting space and four ballrooms. The outer part is almost complete; now it is necessary to work in the adjacent park. The space has been used as a staging during nearly three years of…
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Bjarke Ingels unveils Miami Produce Center megaproject

Famous architect Bjarke Ingels is behind a proposal for a stilt-leaning project in the Allapattah neighborhood of Miami. Labeled the “Miami Produce Center,” the project comprises eight interconnected rectangular buildings that stand near the intersection of 12th Avenue and 21st Street. The plan comes from local developer Robert Wennett known for Herzog & de Meuron-designed parking garage at 1111 Lincoln. The plan that Wennett filed with the city shows that the Miami Produce Center will reach the 19 floors. If the zoning is approved, the project will feature 1,200 residential units, 75,000 square feet of retail, 114,000 square feet of…
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Plans for a park and a high-rise at South Beach gateway move forward

August 4, 2018
After plenty of meetups combined with the public quarreling among adjoined communities over the entrance to South Beach, a resolution has evolved. City officials are bargaining a deal to allow a developer to construct a condo tower featuring 44-story units between Alton Road and West Avenue just adjacent to the gateway of MacArthur Causeway. While in exchange for the deal, as per the agreement, the city will get its hand on a 3-acre public park. With regards to the magnitude of the park and tower’s height, there has been a severe dissent among the people of South Beach due to…
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Privé: a man-made island with a private dock for yachts and high-rise homes starts at $2.3 million

Located on an eight-acre in Aventura island, Privé features 16-story towers that were inaugurated in early 2018. 160 residences are being sold at the starting whopping cost of $2.35 million and reaching $8.5 million for the penthouses (which are all set to be commenced later in the current year). Since the pre-construction time in 2015, more than 80% of the units have been bought. BH3 is the real estate firm behind the idea of Privé and upon a question, the co-owner of the company, Greg Freedman, asserted that for a majority of the buyers, it is not first but second,…
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‘Arte’ condo top out in Surfside

The level of development achieved a new milestone in Surfside as the construction team topped-off the 12-story “Arte” Condominium located at 8955 Collins Avenue. Every residence is adjacent to the ocean, which is the result of the flamboyant expertise of Italian architect Antonio Citterio along his local partner Kobi Karp. The building is registered as the first project of Citterio in the United States. He is highly renowned all over the world for his exuberant furniture designs, and stupendous art featured on the BVLGARI Hotels in London, Dubai, Bali, and Milan. On having a look at the current renderings from…
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How Ultra-high-end Brands Are Transforming Miami’s Luxury Real Estate

July 28, 2018
As a man who owns a Porsche and several sports cars such as a Ferrari and Audi, and as a man who is willing to pay nearly $4.2 million to acquire a specific Porsche model, it is safe to say that Juan Pablo Verdiquio has earned his self-appointed title as a “car guy.” Mr. Verdiquio is also an Argentinian real-estate developer and believes that the Porsche brand can help ensure that his condo maintains its value in the Miami market – which is known for its rough ups and downs. “Buying into a brand that’s been around for 100 years?…
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Foreign buyers boost luxury real estate market in South Florida

Luxury realtors claim to be going through one of the best periods of luxury real estate sales in South Florida, recording an increase in home sales starting at $2 million. Foreign buyers continue to play a role in increasing sales, particularly in Broward County, said Carlos Rosso, director of condominium development for the Related Group. He said buyers are looking to North Miami because prices are more attractive, especially in Hallandale Beach and Hollywood. According to the Miami Association Realtors’ Report, foreign buyers account for more than 32% of all apartment purchases in Broward. In addition to favorable prices, external…
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In about 20 years, half of America will live in eight states

By 2040, 70 percent of the population in the United States will be living in 16 states, with approximately 50 percent focused even further in eight states. The data published by the Washington Post comes from two sources: data analysis of Census Bureau’s figures by the Weldon Cooper Center for Public Service at the University of Virginia and the American Enterprise Institute’s Norman Ornstein. Can you guess which states? See below what states are expected to attract more people. Florida Georgia New York Texas North Carolina Illinois Pennsylvania
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Florida’s economy hits $1 trillion mark; it’d rank 17th in the world

July 21, 2018
Florida's economy hit the sum of $1 trillion, meaning that if Florida were an independent country, it would be the 17th largest economy in the world, according to the Florida Chamber Foundation. The state’s Gross Domestic Product (GDP) is higher than that of countries like Switzerland, Saudi Arabia, Argentina and the Netherlands. “Becoming a $1 trillion economy means Florida is continuing to grow and create jobs, keeping unemployment lower than the national average, and creating economic opportunity,” said Jerry Parrish, Ph.D. Florida Chamber Foundation chief economist. Every day about $ 2.74 billion is added to the state's GDP, says the…
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605 Lincoln Road Suite 302 Miami Beach, FL 33139
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Call Us At: 305 397 8788

605 Lincoln Road Suite 302 Miami Beach, FL 33139

  • This field is for validation purposes and should be left unchanged.