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January 18, 2017
Concrete was poured over the weekend at the future site of Residences by Armani Casa in Sunny Isles Beach. The foundation pour commenced at 2 am on Saturday morning and lasted nearly 31 hours until 9 am on Sunday. Over 1,400 trucks dumped 13,200 cubic yards of concrete, making it one of the largest foundation pours in South Florida history.
January 13, 2017
December was a strong month for sales at Zaha Hadid's 1000 Museum condo tower in downtown Miami. The developer of the much-anticipated project recently announced that 30 million dollars worth of luxury condominiums sold throughout the month. As of December 22nd, 45 of the 83 residences were sold. The sellout value of the spectacular development is estimated to be around 600 million dollars.
January 11, 2017
Out of the 50 largest American real estate markets, 4 out of the top 5 are located in Florida, according to online marketplace Ten-X. Palm Beach County came in second place, with Fort Lauderdale following right behind in third. Orlando took the top spot, and Tampa took fourth place. Dallas, Texas was the only city in the top 5 not located in Florida. Each metro area on the list boasted a robust combination of high demand, price appreciation, economic growth and demographic growth.
January 6, 2017
Canada took the lead from Colombia as the top foreign country searching for property in Miami. In October, Canada registered the most searches for Miami real estate for only the second time since November 2013. It seems our northern neighbors are seeking a refuge from the cold! Brazil, once the top spot, fell to number 5, while India jumped from the 6th spot to number 3.
January 3, 2017
Construction on Auberge Beach Residences & Spa in Fort Lauderdale is progressing nicely. The highly anticipated luxury condo development is currently rising on a prime 4.6-acre site directly on the sand in beautiful Fort Lauderdale Beach. The two beachfront towers will help redefine luxury condominium living in South Florida.
December 27, 2016
AquaLuna Las Olas in Fort Lauderdale is now finished and completely sold out. The 5-story, boutique development is comprised of 16 luxury waterfront condominiums priced from 1.2 million dollars to 2 million dollars. AquaLuna is perfectly situated between famed Las Olas Boulevard and beautiful Fort Lauderdale Beach on 260 linear feet of water frontage.
December 20, 2016
The developers of the newly completed Porsche Design Tower in Sunny Isles Beach paid off a 214 million-dollar construction loan. The loan was originally issued in 2014 and marked a notable turning point in the South Florida real estate market, as it showed financial institutions felt the area was ready for another construction boom. Porsche Design Tower Miami will open to residents in early 2017.
December 13, 2016
Aston Martin Residences in downtown Miami will break ground in summer 2017. The 66-story tower will be located on a prime lot where the Miami River joins Biscayne Bay. The anticipated development marks Aston Martin's entry into the luxury condominium market.
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