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South Florida Real Estate Blog

Best May Ever for Single-Family Home Sales in Miami

June 21, 2017

May of this year was a record-breaking month for single-family home sales in Miami. The single-family home market had its best May in history, with total home sales, dollar volume, median prices, traditional sales and luxury home sales all increasing in May, according to a recent report by the MIAMI Association of REALTORS and the Multiple Listing Service.

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Vertical Construction Completed at One Paraiso

June 16, 2017

One Paraiso, the third tower in the Paraiso Bay mega-project, has been topped off. The 276-unit lxury tower now soars 53 stories in Miami's popular Edgewater neighborhood. One Paraiso is currently 99 percent sold out, with only two units currently for sale. The remaining residences include a 3-bedroom condo for 1.45 million dollars and a 49th-floor penthouse for 2.8 million dollars. The developers are now aiming for a 2018 completion date.

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Penthouse Collection Series Released at Paramount Miami Worldcenter

June 14, 2017

Last week, as construction passed the podium level, Paramount Miami Worldcenter also unveiled its magnificent Penthouse Collection Series. The stunning penthouse collection is made up of 26 exclusive residences priced from 3.5 million dollars to 9.5 million dollars. Paramount Miami Worldcenter is currently rising in Downtown Miami. 

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Construction Progressing at Paramount Miami Worldcenter

June 6, 2017

Construction on Paramount Miami Worldcenter in Downtown Miami is now past the podium level. Once complete, the luxury condo tower will rise over 700 feet and will offer 513 exclusive residences in the heart of the city. Paramount Miami Worldcenter is scheduled for completion in 2018.

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Miami Ranks as Second-Fastest Growing Big City

June 2, 2017

Miami ranked as the second-fastest growing big city in the country last year, according to new census data. From July 1, 2015 to July 1, 2016, the population of Miami grew 2.9 percent, with 12,715 people moving to the city. It was the biggest increase this decade. 

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New Incentives for Buyers at W Fort Lauderdale Residences

May 23, 2017

W Fort Lauderdale Residences is offering an exciting new incentive to prospective buyers. For a short time, those interested in the W Fort Lauderdale Residences can experience the luxurious lifestyle the superb development offers residents firsthand. Prospective buyers will receive a 20-percent discount on a stay in a residential suite, a 10-percent discount on food and beverage at WET Bar & Grille and Living Room and a 10-percent discount at BLISS Spa. Additionally, buyers will receive a credit for their travel and stay upon closing on a W residence.

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Paraiso Bayviews Topped Off

May 16, 2017

Paraiso Bayviews in Miami's trendy Edgewater neighborhood topped off vertical construction at 43 stories. It is one of 4 luxury condo towers in the Paraiso Bay mega-project and the second to complete vertical construction. Paraiso Bayviews is currently 90 percent sold out, and the remaining condominiums are expected to sell quickly. 

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Miami Luxury Condo Sales Increased in March

May 11, 2017

Lower prices helped propel the Miami luxury condominium market in March, according to a recent report. Sellers lowered prices, hoping to boost luxury condo sales, and the result was a 31-percent increase in sales of condominiums priced over 1 million dollars, when compared to March 2016. However, only 2 of those units sold for the full asking price. Condominiums listed closer to the final selling price sold faster than those originally listed at a higher price. 

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