South Florida On The Market

Great investment opportunity in North Miami, FL! Central location, close to Aventura, grocery store, banks, shoppes and much more! Spacious 1 bedroom, 1.5 baths in need of some updating. Updated units like this one have rented for anywhere from $950 to $1,000 per month! Unit comes partially furnished at no extra cost. Contact me for more info.

  Enjoy living in Downtown Coral Gables. Well kept 2/2 with amazing views from private balcony. Great central location, walking distance to Miracle Mile, Restaurants, shops, library, food market and more. 24 hr concierge, pool, gym, jogging path & gated covered parking garage. For Rent #607 & #601 2 bedrooms/ 2 bathrooms plus den. Asking $2,500 For Sale  #606 2 bedrooms/ 2 bathrooms completely remodeled. Asking $379,000 More units to come on the market soon...

Is your state or local government trying to raise the amount of taxes you pay on your home? Think nothing can be done about it? You’re wrong. Across America, state and local Realtor® Associations have been hard at work protecting your wallet and your home from costly new and increased taxes. As a homeowner, you already suffer a large tax burden: About 10% of your income goes to state and local taxes.  It takes you 40 days to pay that (that’s not counting federal taxes, either). Reminds us of that famous quote from President Reagan: “The taxpayer: that’s someone who works for the government but doesn’t have to take a civil service exam.” But when you factor in your home, you’re paying much more in taxes. Local governments count on real estate for almost 75% of tax revenues.  Combined, about 35% of average state and local tax revenue comes from real estate. In some states it’s even higher. Take, for example, Florida, where that rate is a whopping 43%. State and local...

A property investment frenzy is leading to an unprecedented surge in sale prices at Miami Beach’s Lincoln Road mall. And real estate experts believe the upward pricing trend is not going to stop anytime soon. In May, 818 Lincoln Road — home to Miami-based artist Romero Britto’s gallery — traded for $34.5 million . Montreal-based 818 Lincoln Corp. paid $4,119 a square foot for the two-story building. That deal followed the January purchase by New York-based Imperium Capital and Centurion Realty of a 10,000 square foot building at 643-657 Lincoln Road for $33 million, or about $3,300 per square foot. One broker, Ackman-Ziff principal Robert Kaplan, told The Real Deal Lincoln Road sale prices could eventually surpass $6,000 per square foot. Kaplan, who is marketing 800-810 Lincoln Road on behalf of nonprofit organization ArtCenter/South Florida, cites a shortage of high-quality buildings on primary Lincoln Road intersections as the driver for rent and sale price gains. Prices bega...

A longstanding dispute over a controversial city trolley garage built in Coconut Grove’s historic black neighborhood without consulting residents may get settled by the Coral Gables City Commission on Tuesday. The commission will consider approving a settlement that would have a developer build a trolley depot underneath a proposed high-rise condominium project at 301 Altara Ave., near the Village of Merrick Park. The developer, Henry Torres, is the president of the parent company of the trolley company, Astor Trolley, LLC. It would mean the city’s trolley system would never use the facility in the 3300 block of Douglas Road in the West Grove — a trolley garage built in the Grove, which is part of Miami, to be used by the Gables. This outraged neighbors who didn’t know about the garage because a public hearing was never held.       This led to lawsuits, and federal investigators found that Miami-Dade County and the cities of Miami and Coral Gables vi...

A team of developers has announced the 330-unit ION East Edgewater condominium project in Miami. SAKOR Development and Encore Housing Opportunity Fund are building the 36-story tower at 2701 Biscayne Boulevard. Pre-construction prices start in the low $300,000s. The units will be one to three bedrooms, plus six two-story town homes. ION East Edgewater is slated to break ground in the fourth quarter and be completed in late 2016. It was designed by Arquitectonica and Hirsch Bedner Associates. SAKOR Development is headed by Barbara Salk and Stephen Kornfeld . The project will include a 75-foot heated lap pool, a Jacuzzi, a pool-side cinema, private cabanas, an outdoor kitchen, a hammock garden, a fire pit, a bocce court and a fitness center. There will be a separate 20,000-square-foot building on Biscayne Boulevard with restaurant and retail space. by south florida business journal

WASHINGTON (May 22, 2014) – Existing-home sales increased for the first time this year in April, while inventory meaningfully increased and home price growth moderated, according to the National Association of Realtors® . Monthly sales gains in the West and South offset a modest decline in the Midwest while the Northeast was unchanged. Total existing-home sales 1 , which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 1.3 percent to a seasonally adjusted annual rate of 4.65 million in April from 4.59 million in March, but are 6.8 percent below the 4.99 million-unit level in April 2013. Lawrence Yun , NAR chief economist, expected the improvement. “Some growth was inevitable after sub-par housing activity in the first quarter, but improved inventory is expanding choices and sales should generally trend upward from this point,” he said. “Annual home sales, however, due to a sluggish first quarter, will likely be lower than last ye...