9, 2013
The luxury residential market in Miami-Dade County strengthened over the first quarter, according to a new quarterly report on the overall Miami-Dade residential market by StreetEasy.com. Luxury residential sales saw an increase of 16.3 percent in the first quarter of 2013 compared with a year earlier and an increase of 8.7 percent compared with last quarter.
8, 2013
The Chateau Group has submitted plans to build two buildings in Downtown Miami surrounding the iconic Freedom Tower. The first proposed building would be located at 600 Biscayne Boulevard, the same address as the Freedom Tower, with the second at 700 Biscayne Boulevard.
5, 2013
Another luxury condo has sold at The Residences at the Miami Beach Edition, an ultra-exclusive hotel/condo project set to open in April of 2014. The two-bedroom, 2,000-square-foot unit sold for 6 million dollars, or 3,000 dollars per square foot. This follows the record-breaking sale of 2 combined penthouse units to a single buyer for 34 million dollars in early March.
3, 2013
An oceanfront condo residence in the Setai Miami Beach recently sold for 7.8 million dollars. This marks the highest price paid for a non-penthouse unit at the ultra-luxury tower.
1, 2013
Extensive renovations on Fisher Island Club’s Racquet Club and Links Golf Club have been completed, according to Miller Construction Company. The Racquet Club and Links Golf Club each had their interiors stripped and updated with luxurious finishes.
29, 2013
Jade Signature, the latest Jade project for developer Fortune International, will have large terraces that make up approximately a third of the total living space. The 55-story luxury condominium building is set to rise in Sunny Isles Beach.
27, 2013
The South Florida real estate market is still hot, according to recent figures released by the Miami Association of Realtors, the local Multiple Listing Service and CoreLogic. The new figures show that sales and home prices in the area continue to increase, while foreclosure rates decrease.
25, 2013
A Florida proposal seeks to limit the number of days per year a homestead property can be rented without adversely affecting the homestead status of the property. The proposed bill allows the rental of a homestead property for up to 30 days in a year. If a homestead property is rented for more than 30 days for two consecutive years, the property will be considered abandoned as a permanent residence and the homestead tax exemption will be lost.
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