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Showing posts from August, 2022

Investor’s Guide To Buying Commercial Property

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Four-bedroom home sells in Miami for $2.4 million

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best bienes realtor A spacious house built in 1955 located in the 4000 block of Monserrate Street in Miami has a new owner. The 4,123-square-foot property was sold on August 8, 2022 for … Click to Continue » agent top miami real http://dlvr.it/SXXtjK

Developers Sign Utilities Deal For Ultra-Luxury 55-Story High Rise 710 Edge In Edgewater, Miami

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agent top miami real A utilities deal for water and sewer connections has been signed with the City of Miami for 710 Edge, a 55-story ultra-luxury residential high rise planned for 710 Northeast 29th Street in Edgewater, Miami. Designed by ODP Architecture & Design and developed by 710 Edge LLC - a joint venture partnership between One Thousand Museum developers Kevin Venger, Louis Birdman, Michael Konig, and real estate developer Alex Posth, the newly signed deal includes connections for 100 residential units and 31,418 square feet of retail. The developers executed the deal on August 28, 2022. best bienes realtor http://dlvr.it/SXXVj3

Pearl Sunrise to Replace Ice Skating Rink at 3363 North Pine Island Road, Sunrise, Florida

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agent top miami real Pearl Sunrise, a multi-family housing development, could soon replace a long-abandoned ice skating rink in Sunrise, Florida. The Real Deal reports that the venture may comprise 452 apartment units. The South Florida Business Journal reports that 15 percent of those units will be set aside for those making up to 120 percent of the area’s median income. Homes vary from one-bedroom to three-bedroom layout plans. best bienes realtor http://dlvr.it/SXXJpY

Buyers: You May Face Less Competition as Bidding Wars Ease

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best bienes realtor One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. agent top miami real http://dlvr.it/SXXDLd

5 Cities Near Orlando to Buy or Rent in this Year

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best bienes realtor Located in central Florida is the bustling city of Orlando. From the beautiful beaches and top-notch restaurants to the city’s infamous theme parks, Orlando is a great place to call home.  That said, even with everything Orlando has to offer, every city has its flaws. The traffic, tourist attractions, and general hustle and bustle may not be the right fit for you. So whether you’re moving to the city for a job or have lived in the area for a while, there are many cities near Orlando you may want to consider instead. The following five cities are organized by proximity to Orlando, each with its own features and charm that may draw you away from city life. #1: Conway, FL Miles from Orlando: 6 Population: 67,000 Median home sale price: $425,000  Conway is southeast of Orlando and is a quiet and convenient place to call home outside of the city. There are many things to do in Conway, including visiting the local parks and museums, going on a nature hike,...

Sale closed in Miami Beach $8 million for a three-bedroom home

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best bienes realtor The spacious property located in the 100 block of South Hibiscus Drive in Miami Beach was sold on July 31, 2022. The $7,983,800 purchase price works out to $2,450 per … Click to Continue » agent top miami real http://dlvr.it/SXTdmj

Winston & Strawn, Baker McKenzie Sign Leases At OKO Group And Cain International’s 55-Story 830 Brickell Office Tower

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agent top miami real 830 Brickell, Miami’s newest Class A+ office tower, continues to attract best-in-class international law firms looking to bolster their presence in South Florida. Chicago-based Winston & Strawn LLP and Baker McKenzie have both joined the roster of firms signing leases at the 55-story office tower, which will become Miami’s first Class A+ office tower to deliver in more than a decade. Winston & Strawn will open its first Miami office within 35,000 square feet at the tower, marking the firm’s largest expansion in five years. Baker McKenzie signed an 18,000 square-foot lease. best bienes realtor http://dlvr.it/SXTHf9

Camino Square to Feature 350 Apartments at 171 West Camino Real, Boca Raton, Florida

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agent top miami real Construction continues on Camino Square, a $69 million mixed-use venture in Boca Raton, Florida. The development will reach completion in two phases. The first phase will offer 350 apartments in two eight-story buildings. The homes will measure 700 square feet to 1,500 square feet each. best bienes realtor http://dlvr.it/SXT5h9

What’s Actually Happening with Home Prices Today?

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best bienes realtor One of the biggest questions people are asking right now is: what’s happening with home prices? agent top miami real http://dlvr.it/SXT1r9

Miami-Dade mayor wants to spend $85 million to help struggling homeowners, boost affordable housing

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best bienes realtor After declaring a housing-affordability crisis in April, Miami-Dade County Mayor Daniella Levine Cava on Monday proposed that the county spend $85 million to help struggling homeowners pay their mortgages and … Click to Continue » agent top miami real http://dlvr.it/SXRqYQ

Miami Voters Approve Land Lease Extension For Riverside Wharf In The Miami River District

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agent top miami real Last week, Miami voters overwhelmingly approved an amendment to extend the lease of city land for use in the future development of Riverside Wharf, a $185 million hospitality-driven entertainment complex that promises to usher in a new era for the Miami River District. With 60.12 percent of the vote in favor of the amendment, the victory marks another step forward in developing the project. Developed by MV Real Estate Holdings in conjunction with Driftwood Capital and Merrimac Ventures, the the 10-story, 200,000-square-foot project will be the defining development for Miami’s Downtown core as a city-within-a-city all-encompassing destination for unparalleled entertainment, exceptional dining and world renowned hotel accommodations. It will encompass a world-class 30,000-square-foot nightclub and rooftop dayclub, a high-energy 12,000-square-foot event hall and mezzanine, as well as the rebirth and expansion of The Wharf Miami, with 16,000 square feet of signature re...

Anthology Senior Living at Bonyton Beach to Open at 9776 South Jog Road, Boynton Beach, Florida

agent top miami real Anthology Senior Living is opening a facility in Boynton Beach, Florida. The development started construction in 2021, with CA Ventures operating as the general contractor. It could open in the first quarter of 2023. The $22.7 million venture will offer “unrivaled hospitality accommodations and care” to older adults in need of assisted living and memory care services. best bienes realtor http://dlvr.it/SXQ3k5

A Trusted Real Estate Advisor Provides Expert Advice

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best bienes realtor If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. agent top miami real http://dlvr.it/SXPzbv

From Food Stamps to Six-Figure Flips and Debt-Free On a Teacher’s Salary

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agent top miami real How would a six-figure side hustle change your financial picture? Think of the possibilities—being able to travel, becoming debt-free, or even buying your dream home. For most Americans, income is […] best bienes realtor http://dlvr.it/SXPPDP

Home sales drop to lowest level since mid-2020

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best bienes realtor National home sales dropped to their lowest level since mid-2020 in July, down 19% year over year.  It’s the biggest annual decline in more than a year, according to a Redfin report, which called it a “reflection of the continued cooling effects of 5.4%-plus mortgage rates and nationwide economic uncertainty.” In July, home sales declined for the sixth month in a row, falling 4.1% from June as homebuyers backed off due to being priced out of the market or amid worries of future home-value declines.  While sales declined, prices did increase by 7.7%, their slowest pace since June 2020, which the report says reflects the drop in homebuyer demand as houses are staying on the market longer.  Sellers took it slowly as well last month. New listings were down 13.5% from last year, the biggest decline in over a year. July also had the highest share of sellers dropping their asking prices since 2012, with 21% cutting their asking price.  Redfin agent Pam Lewis sai...

Harbor Grove Apartments Finishes Construction at 3250 Southeast Commerce Avenue, Stuart, Florida

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agent top miami real Harbor Grove Apartments has recently finished construction in Stuart, Florida. The $28 million multifamily housing complex offers more than 320 apartments, measuring 618 square feet to 874 square feet each. Apartments.com notes that layout plans comprise one-bedroom to two-bedroom homes. Rent begins at $1,925 a month, although this could change with time. best bienes realtor http://dlvr.it/SXMhcz

Demand cools for Miami-Dade’s coastal condos, a year after deadly high-rise collapse

best bienes realtor Ashley Wilson traded the Bronx for Miami Beach in 2020 during the first year of the pandemic. After renting in Mid Beach, Wilson and her two children were sold on … Click to Continue » agent top miami real http://dlvr.it/SXMTD5

Listen to realtor talk about her priorities as she looks to buy property in Miami Beach

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best bienes realtor Ashley Wilson, a real estate agent, is currently looking to buy property in Miami Beach. She lists some of the reasons why she's looking to buy a multi-family property instead of a condo. … Click to Continue » agent top miami real http://dlvr.it/SXMSjq

Private Money Explained Part 3: The “Credibility Pieces” Lenders Love to See

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agent top miami real Finding a private money lender is far less complicated than people think. Striking up a ten-minute conversation could be enough to find your next round of private money. At least […] best bienes realtor http://dlvr.it/SXMFx4

Twin 485-Foot-Tall Towers At 1900 Biscayne Boulevard Approved By The FAA

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agent top miami real The Federal Aviation Administration (FAA) has issued building permits for twin 485-foot-tall residential towers at 1900 Biscayne Boulevard in Edgewater, Miami. The developer behind the efforts is Kushner Companies, who’s developing both of these towers along with a third tower at 2000 Biscayne Boulevard, collectively known as the Edgewater Collective. The FAA approved building permits yesterday, and will be valid for the next 18 months. Plans for the Edgewater Collective include 1,265 residential units and 24,000 square feet of retail space. best bienes realtor http://dlvr.it/SXKm6j

Is the Global Economy About to Collapse? Inside China’s Real Estate Crisis

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agent top miami real China is caught in a self-perpetuating housing market downturn. The only way out may be to relieve property developers, whose nefarious practices contributed to distrust in real estate in the […] best bienes realtor http://dlvr.it/SXJ39V

8 Cities Near Chicago to Buy or Rent in this Year

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best bienes realtor Chicago, IL, known for its skyline, culture, food scene, and stunning architecture, is unsurprisingly home to 3 million residents. From iconic sports teams like the Chicago Cubs, the Chicago White Sox, the Chicago Bears, and the Chicago Bulls, universities like the University of Chicago and Northwestern University, and its beautiful views of Lake Michigan, Chicago is truly a one-of-a-kind city. Perhaps you’re considering living in Chicago but are not sure if you want to be one of 3 million residents. Luckily, Chicago has many neighboring cities that may be the perfect place to buy your first home or rent an apartment.   We’ve collected a list of 8 cities near Chicago for you to check out before committing to buying a home or signing a lease. Arranged from closest to farthest, these 8 cities are all within 50 miles of Chicago. #1: Cicero, IL Miles from Chicago: 9 Population: 81,500 Median home sale price: $260,000  Walk Score: 75 Bike Score: 55 Tran...

Beachfront Estate With Ocean Views In The Exclusive Golden Beach Leases For $50,000 /Mo.

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agent top miami real The luxury real estate market across Miami continues to stay hot and one of the county’s few true beachfront homes in the exclusive Golden Beach community has leased for $50,000 per month to a crypto and NFT investor. Located at 125 Ocean Blvd., the home offers one-of-a-kind ocean views and private beach access. 125 Ocean Blvd is a 5 bedroom, 6.5 bathroom home spanning 5,373 SF on a 21,300 SF lot with 75’ of oceanfront. The home was listed with Christian Rodriguez with Homeside Realty Corp and the lessee was represented by Frederika ‘Kiki’ Rutten with ONE Sotheby’s International Realty. The luxury rental market has been extremely hot over the past few months. Recently a home on Hibiscus Island rented for $125,000 per month, a home on Key Biscayne’s Mashta Island leased for $100,000 per month and a home on Indian Creek leased for $120,000 per month. The condo rental market is hot as well where a unit a PARAMOUNT Miami Worldcenter recently leased for $36,000 per mon...

Penthouse Collection Released For 27-Story Selene Oceanfront Residences In Fort Lauderdale

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agent top miami real Kolter Urban is pleased to release the Selene Oceanfront Residences Penthouse Collection, a limited collection of penthouse residences at the luxury condominium development located at 151 North Seabreeze Boulevard in Fort Lauderdale, directly across from the award-winning Las Olas Beach. The exclusive collection of eight penthouses is set on the top floors of the 27-story, two-tower property which will rise as the tallest building on Fort Lauderdale Beach. Douglas Elliman Real Estate leads the sales efforts for Selene Oceanfront Residences with penthouse residences priced from $10.79 million. best bienes realtor http://dlvr.it/SXH4b4

The Port Canaveral Aquarium Could Open in 2027 in Brevard County, Florida

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agent top miami real A 14-acre plot in Brevard County could soon find new life as one of Central Florida’s newest attractions. The Port Canaveral Aquarium is a $100 million venture that will offer 130,000 square feet of new construction. Florida Today reports that the general contractor hopes to break ground in 2024 and complete the venture by 2027 at the latest. best bienes realtor http://dlvr.it/SXGt32

Protected: Tthe Yacht Club Suites

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agent top miami real This content is password protected. To view it please enter your password below: Password: The post Protected: Tthe Yacht Club Suites appeared first on Formula 1 Crypto.com Miami Grand Prix. best bienes realtor http://dlvr.it/SXDzHq

Building sells for $2.1 million in Hialeah-area, Florida

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best bienes realtor A 8,824-square-foot building built in 1988 has changed hands. The property located in the 100 block of Ninth Street in Hialeah-area was sold on July 20, 2022 for $2,084,500, or … Click to Continue » agent top miami real http://dlvr.it/SXDZwJ

Janet Jackson Sells Her Very Nice NYC Condo for $8.8M

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agent top miami real Axelle/Bauer-Griffin/FilmMagic Just four months after it came on the market, Janet Jackson’s New York City condo has sold, according to the Wall Street Journal. A deal was sealed for $8.8 million, just slightly below her asking price of $8,995,000. The “Nasty” singer hadn’t lived in the truly nice place since 2019. But Jackson leaves on a high note: The 56-year-old had purchased the high-floor apartment in 1998 for $2.8 million. “Whenever entering my apartment of 25 years, I always treasured my home’s wonderful location and the breathtaking views that capture the magic and excitement of New York,” Jackson told the Journal. “Stepping through its threshold instantly made me feel so tranquil and at peace—so many memories,” she added. Divine digs Awe-inspiring views of Central Park and the city skyline take center stage in this star’s abode. The corner residence features three bedrooms and 3.5 bathrooms. Living room Realtor.com The pitch-perfect pad f...

Hawks Mills to Offer 336 Luxury Apartment in Port Orange, Florida

agent top miami real Port Orange will soon be home to a new housing development. Meet Hawks Mill. The $70 million housing complex will feature 336 luxury apartments. The size and layout plans of these units are not currently available. However, the community is brimming with amenities, including a 1,900-square-foot fitness center and a 10,000-square-foot clubhouse. best bienes realtor http://dlvr.it/SXCl5B

Why You May Want To Start Your Home Search Today

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best bienes realtor If you’re thinking about buying a home, you likely have a lot of factors on your mind. agent top miami real http://dlvr.it/SXCg2n

5 Types of Clutter Even Professional Organizers Have in Their Attics, Basements, and Beyond

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agent top miami real Getty Images No matter how organized you are, there are certain types of clutter that are almost impossible to purge—even for professional organizers. Often these are dark, less-trafficked areas of the home such as attics, basements, or garages. Decluttering these spots often falls dead last on everyone’s to-do list, and even the experts often let these messes slide. “I’d call these spots ‘lower priority’ since I’d rather spend my organizing time and decorating budget on the parts of my home where I spend time and that I enjoy every single day,” says Darla DeMorrow, author of “Organizing Your Home with SORT and SUCCEED.” Still, cleaning up these last holdouts can be particularly satisfying since it’s a sign you truly have your house in order. And if you’re hoping to sell your home soon, it’s a must. Curious where these clutter traps are hiding? Here are a few that you (and even professional organizers) may have, and how to purge them for good. 1. Holiday d...

6 Strategies That Help Landlords Avoid Evictions

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agent top miami real Evicting your tenant may seem like the easiest and fastest option, but let’s face it—nobody wants to be that landlord! Furthermore, sending a notice to “cure or quit” can cost […] best bienes realtor http://dlvr.it/SX9J6H

Christian Slater Sells Miami Home in Just 3 Days—and for Over the Asking Price

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agent top miami real Dia Dipasupil/Getty Images Nothing robotic about this: “Mr. Robot” star Christian Slater sold his getaway in Miami’s Coconut Grove in just three days. The deal closed for more than the asking price, Realtor.com® can confirm. The actor picked up the crib in 2013 for $2.2 million. After almost a decade of enjoying the Sunshine State retreat, the 53-year-old placed the charming abode on the market for $3,950,000. A quick-acting buyer swooped in and snagged it for $4,258,000. “This was a very special property, a charming and secluded home on a large lot along one of the most desired streets in Coconut Grove,” says Liz Hogan with Compass. Hogan and Charles Celessia, also with Compass, represented the property. “Though the market has cooled a bit, this sale exemplifies the continued demand for move-in ready luxury properties across South Florida’s most sought-after neighborhoods,” Hogan says. “The desirability of the home led to a bidding war, and we ended up sell...

Rents Just Set a New Record High, but There’s Also Good News

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agent top miami real Brendan Smialowski / AFP via Getty Images The wild rent hikes that landlords delighted in at the expense of their tenants appear to be tapering off. The housing market slowdown has spilled over into the rental market, affecting how big of a bump many landlords are requesting. Rents, which hit another all-time high of $1,879 a month in July, rose just $3 a month from June in the 50 largest metropolitan areas, according to a recent Realtor.com® report. And while they were up 12.3% in July compared with a year earlier, that’s down from a nearly 17% price spike seen in the spring. This was the smallest increase since August of last year. (Metros include the main city as well as the surrounding towns, suburbs, and smaller urban areas. This explains why rents within big-city downtowns may be substantially higher.) The report was based on the apartments, condos, townhomes, and single-family homes listed for rent on Realtor.com® in July in the 50 largest metros. Onl...

Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash

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best bienes realtor Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. agent top miami real http://dlvr.it/SX8W2W

DOM? EMD? 6 Mysterious, Misunderstood Real Estate Terms Sellers Need To Know for Today’s Market

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agent top miami real Getty Images For the past two years the seller has been king, but that kingdom is starting to crumble. Of course, we’re nowhere near an official shift from a seller’s market to a buyer’s market, but most sellers can’t bank on being bombarded by multiple offers over the asking price and buyers willing to waive every contingency. To survive in the current market, sellers need to approach their home sale with a game plan, a strategy—and that includes mastering some critical real estate terms. Quiz yourself on the following real estate jargon, then learn exactly how understanding these terms can help you. 1. Days on the market (DOM) The number of days a home spends on the market is commonly referred to as days on the market, or DOM. Knowing your home’s DOM is important because it can affect the final closing price—or whether your home even sells at all. “If a property is priced right, it moves very quickly,” says Ellen Sykes, broker at Coldwell Banker Wa...

5 Steps to Building a Quality Garage for Your Car

agent top miami real By Lizzie Weakley  Taking good care of your car can save in cosmetic and mechanical upkeep. A big part of that is storing your vehicle under a covering whenever possible. If you're thinking about building a garage for your vehicle, follow these five steps to make sure it's what you need it to be. Choose […] The post 5 Steps to Building a Quality Garage for Your Car appeared first on RISMedia\'s Housecall. best bienes realtor http://dlvr.it/SX6209

Redevelopment Of Hollywood's Bread Building Site Secures $83 million Construction Loan

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agent top miami real In partnership with Bridge Investment Group, Fort Lauderdale-based BTI Partners has secured an $83 million construction loan for a development in downtown Hollywood. The site was home to the long-neglected Hollywood Bread Building on Young Circle. The building was demolished last year. Canadian Imperial Bank of Commerce is the lender. Cushman & Wakefield Equity, Debt & Structured Finance team brokered the transaction, which closed on Friday, Aug. 19th. BTI Partners and equity partner Bridge will build 362 market-rate apartments and about 16,000 square feet of retail space on Young Circle. Located at 1727-1745 Van Buren St.,1700-1716 Harrison St., and 1740-1760 S. Young Circle, the redevelopment of the site is an important step in the revitalization of the west end of Downtown Hollywood anchored by the 10-acre ArtsPark at Young Circle. “The new Hollywood Bread Building development will continue to inject new life into Downtown Hollywood and is an importa...

What Sellers Need To Know in Today’s Housing Market

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best bienes realtor If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. agent top miami real http://dlvr.it/SX5MD6

Spoiled for Choice: 10 Cities Where the Number of Homes for Sale Is Dramatically Rising

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agent top miami real Justin Sullivan / Getty Images Today’s housing market is one of the strangest that many real estate experts have ever seen. After years of bone-dry inventory and sky-high demand that led to soaring prices, bidding wars, and a breakneck sales pace, the market is correcting—and rapidly at that. In fact, the number of U.S. homes for sale is rising at the fastest pace in five years, up more than 200% since its lowest point this February, according to a Realtor.com® analysis. That’s great news for frazzled buyers who’ve been struggling over the past few years to find anything—anything—to buy. However, housing supply is still well below normal. The number of listings would need to nearly double to get inventory back to what had become normal before the COVID-19 pandemic—and even that would leave the U.S. with a massive housing shortage. But it’s not dire everywhere—there are still pockets where supply is rising substantially. And the Realtor.com data team found the...