Miami Dream Home Blog by Jose Fuentes Real Estate Agent Miami Florida

agent top miami real If you are considering dipping your toes into real estate investing with this strategy, it’s important to consider the tax implications so you will know how much profit to report. Underreporting rental income on your taxes could cause problems for you later if you are audited. best bienes realtor http://dlvr.it/T28NSP

best bienes realtor An office building remains under demolition at the site where the One Brickell City Centre near-supertall is planned, new photos by Phillip Pessar show. The partially demolished building was covered in graffiti around two weeks ago. A total demolition permit for the building is active. It had been temporarily suspended following a September incident. A second demolition permit for another office building is still in process as of this morning, and not yet approved. The new 59-story tower is planned to have 1,136,718 square feet of habitable office space. There will also be a new parking garage and Metromover entrance Top off of One Brickell City Centre is planned at 977 feet, putting it just below supertall height.         (photos: Phillip Pessar)   agent top miami real http://dlvr.it/T27jF4

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Explore why location is key in commercial real estate investing and practical tips and tools for evaluating potential investment locations. The post Why Location is Key in Commercial Real Estate Investing appeared first on Crexi Insights. http://dlvr.it/T25mmQ

best bienes realtor The developers planning the 848 Brickell office tower have announced a groundbreaking date and a leasing agent. Groundbreaking is planned for the second quarter of 2024. JLL, led by Managing Directors Steven Hurwitz and Doug Okun, Kevin Probel, Senior Managing Director, Clark Finney, Executive Managing Director, and Madeline Fine, Associate, will lead leasing efforts for the 750,000 square feet of Class A office space. Skidmore, Owings, & Merrill is designing the new 51-story tower, which will top off at 756 feet. Key International and Sterling Bay are the developers.   (images: Key International) agent top miami real http://dlvr.it/T256gS

best bienes realtor If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. agent top miami real http://dlvr.it/T24CFG

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agent top miami real College keeps getting more expensive. How will you pay for your kids' education? Real estate is a good choice. Here are two great ways to use your real estate investments to help. best bienes realtor http://dlvr.it/T233tV

agent top miami real New data from ATTOM shows that the average ROI on home sales dropped last year, albeit slightly. Is this a new trend? Or just a ripple? And where should investors put their money now? best bienes realtor http://dlvr.it/T232tD

best bienes realtor When you are planning on purchasing a home or renting one, there is a lot you must consider apart from the property’s features and price. The safety level of the neighborhood should be on top of your checklist if you intend to stay in your newly acquired home for long. Your family’s security will be constantly at risk when living in an unsafe community. Your mental well-being will suffer as well due to fear and anxiety. The financial impact could be equally discouraging. Crime and similar threats could incur substantial preventative expenses, especially relating to security systems and cameras. Over time, they will lead to rising insurance premiums and declining property prices, too. Naturally, finding out whether a community is safe is important before you rent or purchase a house. But how can you identify this? Keep reading to learn more. 6 Signs That a Neighborhood Is Safe Here are the common signs that an area is safe for you and your famil...

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Investors raised billions of dollars last year as they awaited distressed real estate assets to come to market at steep discounts. However, they found few opportunities as office owners largely found ways to hold on to their properties. That’s now... http://dlvr.it/T20Y4n

best bienes realtor The Standard Residences, Midtown Miami has been issued its master permit, and construction is well underway, with the project 90% pre-sold.   The permit issuance follows news that the midrise condo by Rosso Development, Standard International and Midtown Development secured a $45 million construction loan from Bank OZK.  Billed by backers as “the first-of-its-kind pied-à-terre-style building,” owners may lease out their units, which span 432 to 965 square feet, for terms as short as one month. Completion is set for the end of 2024.   Located at 3100 N.E. 1st Ave., the boutique building is positioned between The Design District and Wynwood and is directly across the street from a recently opened Trader Joe’s and The Shops at Midtown.   Unit interiors will include light wood-plank tile flooring, gourmet kitchens with custom Italian cabinetry and Bosch appliances and oversized bathrooms with stone vanities and double-suite rain showers.    Community amen...

agent top miami real The Miami Building Department has issued a phased vertical construction permit for the Waldorf Astoria Hotel and Residences, a 100-story supertall mixed-use skyscraper under construction at 300 Biscayne Boulevard in downtown Miami. Designed by Sieger Suarez Architects in collaboration with renowned architect Carlos Ott and developed by Property Markets Group in partnership with Greybrook Realty Partners, Mohari Hospitality, S2 Development, and Hilton, the soaring tower, designed in the form of nine stacked offset glass cubes, will be the first to achieve supertall status in Miami and the state of Florida. The phased permit, approved on January 10, outlines the specifics of the new construction valued at $426 million, making a significant step forward for the project since its groundbreaking in late 2022. best bienes realtor http://dlvr.it/T1zqQB

best bienes realtor A woman was killed in a shooting in Lauderhill early Saturday. Lauderhill police responded to a 5:50 a.m. call at 2017 NW 46th Ave., where they found the unnamed woman … Click to Continue » agent top miami real http://dlvr.it/T1yl1y

agent top miami real Miami-based Lennar Corp. has purchased a 6.47-acre parcel in west Pembroke Pines. The end goal? A townhouse community named “Tuscan Springs.” best bienes realtor http://dlvr.it/T1xrcH

best bienes realtor Jorge Mas just unloaded his massive Miami-area home for $13.9 million, but not to a billionaire, New York transplant or tech bro. The Inter Miami owner sold the five acre … Click to Continue » agent top miami real http://dlvr.it/T1wh52

agent top miami real With house flipping activity remaining high across the country, many investors are wrestling with this question: Is house flipping ethical? There are two sides to the argument, both of which we detail here. best bienes realtor http://dlvr.it/T1wZlP

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agent top miami real Turnberry, an Aventura-based real estate developer, has broken ground on ONE Park Tower by Turnberry. The 33-story tower, located at 2411 Laguna Circle in North Miami - within the multi-billion dollar, 184-acre master-planned community of SoLé Mia, is slated to offer 299 residences. Over 50% of the units were sold within the first 18 months of sales. The condominium complex will feature a range of amenities, including a Mater Academy charter school, a 363,000-square-foot Uhealth Medical Center, Reserve Padel Club, restaurants, retail outlets, and parks. The development is designed to embrace resort-style living, with residences overlooking a seven-acre Crystal Lagoon® set against a backdrop of natural landscapes. ONE Park Tower by Turnberry is brought to life by an award-winning team, with architecture by Arquitectonica, interior design by Meyer Davis, and gardens curated by DS Boca. best bienes realtor http://dlvr.it/T1vpG9

agent top miami real RISE Bartram Park, a multi-family housing development in Duval County, is nearing the end of construction. Already, 49 of the 297 units have been delivered. best bienes realtor http://dlvr.it/T1vbSJ

best bienes realtor Brightline says it passed 2 million passengers in 2023. A total of 2,053,893 passengers rode Brightline in 2023 (up 67% over 2022), generating revenue of $87.7 million (up 174% over 2022). The company launched service to Orlando in late September, and continues to see strong increases in demand. A total of 115,683 passengers rode Brightline’s long-distance service to and from Orlando in December. That is a ridership increase of 24% compared to November. The average fare dropped for the month, however. Short-distance ridership between Miami and West Palm Beach was down 34% in December compared to the same month in 2022, but the average fare increased 41% to $28.59.     agent top miami real http://dlvr.it/T1sxlw

best bienes realtor Developer Turnberry held a groundbreaking ceremony for the 33-story One Park Tower At SoLé Mia. A total of 299 residential condo units are planned. Demand has exceeded expectations, with over 50% of residences now sold, the developer said. The tower is being built in front of the Laguna Solé, a crystal clear swimmable lagoon the size of 21 Olympic-sized pools. Residents will have a dedicated lagoon-front beach with umbrellas and beach chairs. Within walking distance at SoLé Mia will be a Mater Academy charter school, a 363,000 sq. ft. Uhealth Medical Center, Reserve Padel Club, restaurants, retail, parks and more. Arquitectonica is the architect, with with interior design by Meyer Davis. Completion is planned for Summer 2026.   agent top miami real http://dlvr.it/T1sx6x

best bienes realtor A five-year effort to revitalize central Overtown, Miami’s first Black neighborhood but more recently a bystander to the city’s rapid rise, is nearing completion, bringing nearly 1,000 new jobs and … Click to Continue » agent top miami real http://dlvr.it/T1s9xW

agent top miami real In 2022, Florida YIMBY reported on the 93 Ocean, a high-rise residential tower planned for Surfside, Florida. Now, our sources indicate that the project is one step closer to fruition. best bienes realtor http://dlvr.it/T1s56j

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best bienes realtor Miami doesn’t need to be the Silicon Valley of the South Miami doesn’t need to be the Silicon Valley of the South – Refresh Miami These are the fastest growing jobs in Miami over the last five years via LinkedIn. (26) Post | LinkedIn   Miami-area unemployment, at 1.5%, remains lowest in the nation among major metros Table 1. Civilian labor force and unemployment by state and selected area, seasonally adjusted – 2023 M12 Results (bls.gov)   Thinking of buying now and refinancing your mortgage later? Here’s what to consider Buy Now, Refinance Later: Pros And Cons To Consider (cnbc.com)   2023 Palm Beach County home sales were plagued by low inventory but hit record high prices 2023 Palm Beach County home sales were plagued by low inventory but hit record high prices (msn.com) The post Tuesday, January 23, 2024: South Florida real estate market articles appeared first on MIAMI REALTORS®. agent top miami real http://dlvr.it/T...

best bienes realtor Premier Sotheby’s International Realty promoted marketing specialist Eileen Platten to Naples regional marketing manager and hired marketing veteran Nikki D’Aurelio as Naples regional marketing director.  In their new roles, Platten and D’Aurelio will share responsibilities, supporting agents as they develop and execute marketing plans. The team will also work to increase innovation, enhance support systems and drive growth in Naples, which is Premier Sotheby’s International’s largest region.  Platten recently completed her MBA while working for the brokerage, while D’Aurelio has over 15 years of national experience, including time with Major League Baseball organization.  “I am excited to take on this new role and work closely with Nikki and our talented team of advisors,” Platten said in a news release. “The Naples region holds incredible potential, and I look forward to contributing to the growth of our advisors’ businesses by providing personalized supp...

agent top miami real The Cara Apartments has met its end in St. Petersburg, Florida. Erected in the 1920s, the property was not viewed as historically significant by the City of St. Petersburg. So, it was demolished this past week for new development. best bienes realtor http://dlvr.it/T1pYvP

agent top miami real A “gateway to luxurious living and promising returns”, Oasis Residences offers buyers a turnkey opportunity. Spanning 50 contemporary apartments across seven floors, there’s a rooftop to admire the scenic sea and city views, plus easy access to amenities, schools, and transport. JamesEdition talked to LLJ Asset Management about the ideally positioned development. The leading Abu Dhabi real estate agent has almost two decades of experience across property sales, leasing, and management. Oasis Residences, Al Reem Island, Abu Dhabi Deluxe Waterfront Units: A Closer Look at Oasis Residences in Abu Dhabi’s Real Estate Boom Apartments at Oasis Residences can be purchased with 0% commission and boast meaningful returns potential. Three payment options are available: cash, mortgage, or rent to own in five years. Situated on Al Reem Island, choose from one- to three-bedroom units. Whichever you opt for, enjoy first-rate communal facilities ranging from a ...

best bienes realtor Budget-conscious buyers can still land a slice of paradise in South Florida under $200,000, good news in a market criticized for its affordability crisis. The only limitation? Shoppers have to … Click to Continue » agent top miami real http://dlvr.it/T1pJK5

best bienes realtor MIAMI — The MIAMI Association of REALTORS® (MIAMI) has launched its fourth data-sharing partnership — this time with REcolorado, the largest multiple listing service in Colorado. The new IntraMatrix reciprocal partnerships, which allow Realtors in one MLS system to search and view listings of another MLS, are introducing new referral opportunities and additional listing exposure for South Florida properties.   In addition to REcolorado, MIAMI is sharing its SEFMLS property listings with the California Regional Multiple Listing Service (CRMLS), the nation’s largest MLS; Omni MLS, Mexico’s largest MLS; and FMLS in Georgia. The four partnerships mean MIAMI REALTORS® is now sharing reciprocal MLS access with 265,000+ REALTORS® nationwide.   “MIAMI real estate listings now have even more exposure with these landmark partnerships in key markets,” MIAMI CEO Teresa King Kinney said. “California, Mexico, Georgia and Colorado are some of the top feeder markets fo...

agent top miami real The Calta Group celebrated the foundation pour for their project, Revv Hollywood, on Thursday, January 18—this event marks progress in constructing the 180-unit multifamily apartment building. Designed by Borges Architects + Associates based in Miami, the eight-story building will offer a mix of studios, live-work units, and one- and two-bedroom apartments. Notable attendees included Hollywood Mayor Josh Levy, City Commissioners Traci L. Callari and Idelma Quintana, and The Calta Group project team. Construgama is the shell contractor and Polimix is supplying concrete. best bienes realtor http://dlvr.it/T1mD0W

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best bienes realtor Welcome to the jungle, folks—it’s property investment time. Before you start throwing your cash into the real estate ring, let’s size up two heavyweights: Commercial and Residential properties. They’re like distant cousins at a family BBQ—similar, but with their own quirks. Strap in as we unpack the key things that separate the two. Lease Lengths: The Long and Short of It So, diving headfirst into the nitty-gritty, lease lengths in these two worlds are as different as chalk and cheese. Residential properties usually have you looking at short-term agreements—think one year or so. Great for flexibility, but not always for stability in terms of ROI over time. Jump to commercial properties? It’s a whole new ball game. You’re talking five, maybe ten years on a lease. Imagine that—a decade-long commitment from your tenant! It’s kind of like getting married to your rent check—it’s in it for the long haul. What this means is you could be sipping margaritas...

agent top miami real Coastal Construction, an affiliate of Coastal Residential, has broken ground on The Addison in Palmetto Bay, a residential development in Miami-Dade County. Per the rental community will offer 83 units spread across 13 two- and three-story buildings. best bienes realtor http://dlvr.it/T1jTwQ

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agent top miami real Kolter Urban, a real estate development and investment firm based in Palm Beach, Florida, has announced a new phase in developing The Ritz-Carlton Residences, Sarasota Bay. This new addition, known as The Harbor Club, is set to enhance the already prestigious three-tower campus with a focus on socializing, health, and wellness for the residents. best bienes realtor http://dlvr.it/T1gZNs

agent top miami real The Bradenton Area Convention Center (formerly known as the Manatee Civic Center) is getting a $48 million expansion. best bienes realtor http://dlvr.it/T1gSxX

agent top miami real Constellation Group, a Miami-based commercial real estate investment and development firm, in partnership with The Boschetti Group, recently celebrated the groundbreaking of their Class A+ boutique office and retail project located at 4225 Ponce de Leon Boulevard in Coral Gables, often referred to as South Florida’s “City Beautiful.” This development is set to enhance the Merrick Park district, a prime destination for shopping and entertainment in the region. best bienes realtor http://dlvr.it/T1dq8g

best bienes realtor Existing-home sales declined modestly in December but are expected to rebound, the National Association of REALTORS® (NAR) said.   Specifically, existing-home sales slid 1% from November to a seasonally adjusted annual rate of 3.78 million. Year-over-year, sales were down 6.2% from 4.03 million in December 2022. The median existing-home price for all housing types in December was $382,600, up 4.4% from $366,500 in December 2022.       “The latest month’s sales look to be the bottom before inevitably turning higher in the new year,” NAR Chief Economist Lawrence Yun said in a press release. “Mortgage rates are meaningfully lower compared to just two months ago, and more inventory is expected to appear on the market in upcoming months.”  The 30-year fixed-rate mortgage averaged 6.60% as of Jan. 18, down from 6.66% a week before but up from 6.15% a year earlier, according to Freddie Mac.        Housing inventory was 1 million homes, an 11.5% decrease fro...

agent top miami real Foreclosure numbers rose steadily throughout 2023 and increased year-over-year from 2022. Now, as we enter 2024, will those numbers hold up, and what should you make of them? best bienes realtor http://dlvr.it/T1cT6N

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agent top miami real LD&D, a Miami-based developer, recently unveiled the hotel brand for its $200 million mixed-use project in downtown Tampa. The development, situated on a 2-acre site at 1101 East Harrison Street in Tampa's Encore district, will feature a 178-key hotel, announced as an Element by Westin. LD&D is collaborating with Dynamic Group Management on this 10-story hotel development. best bienes realtor http://dlvr.it/T1bcXh