South Florida developers turn to condo conversions

7 June 2024

Right Time for PMG’s Move Two years ago, PMG decided to convert its planned rental tower, Society Biscayne, into The Elser Hotel & Residences in downtown Miami, driven by high condo demand. Ryan Shear, PMG’s managing partner, noted the scarcity […]

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Ce qu’il faut savoir pour vivre ou investir à South Beach

28 May 2024

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The recent contract on a $33 million waterfront house on Hibiscus Island led last week’s highest-priced real estate deals in Miami-Dade County.

24 May 2024

The residence at 320 South Hibiscus Drive, owned by real estate investor and game publisher Kevin Segalla and his wife Michele, features 7 bedrooms and 7 bathrooms across 7,818 square feet.  This pending sale topped the Eklund-Gomes luxury contracts report, […]

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Coral Gables and Miami Beach: prime havens for luxury homebuyers

10 May 2024

Coral Gables and Miami Beach are now home to some of the priciest residences in the United States, attracting wealthy buyers and driving up real estate values. According to Zillow, Coral Gables’ Gables Estates tops the list with an average […]

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“Miami Vice” Iconic Coastal Estate Hits the Market at $29,900,000

5 April 2024

Dive into the glamour of the 1980s with the listing of a coastal mansion that once graced the screens of the iconic TV show, “Miami Vice.” Now available for purchase in Miami for a cool $29.9 million, this property is […]

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Shifting real estate grounds: NAR rule change to transform agent commissions and homebuyer responsibilities

22 March 2024

In a landmark move that could reshape the real estate industry, the National Association of Realtors (NAR) has proposed a settlement that, pending court approval, will significantly change how agent commissions are handled. Set to be implemented in mid-July, this […]

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An appeals court decision that reversed the termination of an Edgewater condo could suspend buyouts throughout the state. Order raises concerns about the developer’s Edition Residences’ future.

15 March 2024

A recent decision by a Florida appeals court has stirred the real estate sector by challenging a condominium termination in Miami’s Edgewater, potentially affecting statewide buyouts. This ruling in favor of the Biscayne 21 condo owners, who opposed their association’s […]

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How do South Florida home prices affect prospective buyers?

23 February 2024

Despite growing costs, more individuals are purchasing homes in South Florida. According to the most recent monthly home sales report from the Miami Association of Realtors, property prices in Miami-Dade and Broward counties are currently +1% to nearly +16% higher […]

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Miami sees surge in short-term rental growth surpassing traditional condo developments

12 February 2024

In Miami’s prime real estate districts, including Downtown Miami, Brickell, Edgewater, and Miami Beach, a surge in short-term rental condos is reshaping the property landscape. A recent report from ISG World reveals that out of 15,216 units in the development […]

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