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South Florida Real Estate Blog

Monad Terrace in South Beach Secures Construction Loan

October 20, 2017

South Beach's Monad Terrace residential development recently secured a 62.5-million-dollar construction loan. Foundation work is well underway at the waterfront site, and an official groundbreaking ceremony will occur next week. Vertical construction will commence in March 2018, with building completion currently planned for the third quarter of 2019. Monad Terrace condo prices start at 1.7 million dollars.

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Construction Officially Begins on Missoni Baia

October 19, 2017

Construction is now underway on Missoni Baia in Miami's Edgewater neighborhood. An official groundbreaking ceremony was held last week at the prime waterfront site, marking the commencement of construction on the anticipated 57-story tower. The spectacular waterfront residences are priced from 500,000 dollars. 

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Construction on Aston Martin Residences to Begin Next Week

October 11, 2017

An official groundbreaking ceremony will take place next week at the future site of Aston Martin Residences in downtown Miami, and foundation equipment has already arrived at the waterfront lot. Announced less than a year ago, this remarkable tower has already surpassed the 100-million-dollar threshold in deposits. Building completion is currently scheduled for 2021.

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Elysee Miami Receives Construction Loan

October 6, 2017

The developers of Elysee Miami recently closed on a 16.5-million-dollar construction loan. The loan is expected to go towards groundbreaking expenses and foundation work. Elysee is currently set to rise 57 stories on a pristine waterfront lot in Miami's beautiful Edgewater neighborhood. The anticipated development is currently over 40-percent sold out, with condos ranging in price from about 1.5 million dollars to 10 million dollars.

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Closings Underway at Recently Completed Louver House

October 4, 2017

Closings are currently underway at Louver House in Miami Beach's prestigious South-of-Fifth neighborhood. The luxury boutique development was completed at the end of August this year. At this moment, seven out of the 12 units have closed. There are four condominiums left for sale, with prices ranging from 2.5 million dollars to 3.1 million dollars.

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Official Groundbreaking Ceremony Scheduled at Missoni Baia

September 29, 2017

An official groundbreaking ceremony at much-anticipated Missoni Baia will occur on October 12. Designed by Asymptote Architecture, the stunning 57-story tower is destined to become an achitectural landmark in Miami. The acclaimed design aims to capture the innovation and imagination of the tower's legendary namesake. 

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South Florida New Construction Projects Back on Track

September 20, 2017

Not only are many new construction projects in South Florida resuming normal activity after Irma this week, but other anticipated residential developments are actively scheduling official groundbreakings. Aria on the Bay and Canvas are progressing as planned, with contractors only missing a surprisingly low 4 to 5 days of work. In the meantime, the developers of Elysee Miami awarded commission checks in advance of the planned fall 2017 groundbreaking. 

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South Florida Luxury Real Estate Fared Relatively Well Through Hurricane Irma

September 15, 2017

Hurricane Irma brought forceful winds and substantial rainfall to South Florida, but most industry indsiders agree that the damage to luxury real estate could have been significantly worse. In fact, the storm is not expected to have a lasting effect on the real estate market in South Florida.

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