Category: MULTIFAMILY
Much of the demand for homes in Coconut Grove comes from New Yorkers moving to South Florida. But the real estate market in the area is struggling to keep up as the inventory of homes on the market has steadily declined and the price of condominiums, townhouses and single-family homes has skyrocketed, CLICK ON THE HEADLINE FOR MORE
January 3rd, 2022
Miami and Tampa trailed only Phoenix in home-price increases in 20 metro areas measured by the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. CLICK ON THE HEADLINE FOR MORE
Florida has become a particularly popular destination this year as remote workers and retirees flock to the state in search of beaches, warm weather, low taxes and more affordable housing than big cities. Net inflow into Miami has nearly tripled since this time last year. CLICK ON THE HEADLINE FOR MORE
The latest influx of Latin American money to Miami is mostly because of political and economic instability. According to Miami real estate and banking executives, Mexico, Peru, Colombia and Chile are now the leading sources of foreign money coming into the city.
Major Food Group To Open Sadelle's In Coconut Grove
The New York restaurant group, which has expanded rapidly in the Miami area, inked a 10-year lease for the 5,700-square-foot building with the new owner of the former Tigertail + Mary restaurant building at the Park Grove development. CLICK ON THE HEADLINE FOR MORE
International Buyers Are Trickling Back To Miami
As travel restrictions lift, international buyers have begun to return to Miami's luxury market, adding another layer to already red-hot demand in South Florida. CLICK ON THE HEADLNE FOR MORE
Board Tells Developer He Can't Chop Down Trees To Build House In Coconut Grove
In a surprising decision, Miami's Historic and Environmental Preservation Board overruled the city's building department by rejecting a tree removal permit issued to a developer. It was a victory for residents who live along a lush South Grove street described as a "tunnel of green" and could serve as an example for people in other neighborhoods engaged in disputes to curtail development, CLICK ON THE HEADLINE FOR MORE
Real Estate Platform Launches Mix-Use Residential Product In Coconut Grove And Miami Beach
Location Ventures has launched its new mix-use residential product called URBIN in Coconut Grove and Miami Beach. URBIN incorporates residential spaces with short or long-term leases, as well as access to coworking spaces, wellness amenity programs, retail, and more all in one location.
There's A Good Reason To Get Back In The Home And Condo Market In Miami. Here It Is
Signaling some relief from record-breaking sales prices earlier this year, according to a new Miami Association of Realtors report, home buyers can shop and save across South Florida as sales prices continue to decrease. CLICK ON THE HEADLINE FOR MORE
Pandemic Continues To Fuel The Demand For Second, And Third Homes
Low interest rates, savings accumulated over the past year and the rise of remote work are driving increased demand for additional residences, according to the findings of a recent Knight Frank survey. CLICK ON THE HEADLINE FOR MORE