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South Florida Real Estate Blog

Another Luxury Residence Sells at the Miami Beach Edition

April 5, 2013

Another luxury condo has sold at The Residences at the Miami Beach Edition, an ultra-exclusive hotel/condo project set to open in April of 2014. The two-bedroom, 2,000-square-foot unit sold for 6 million dollars, or 3,000 dollars per square foot. This follows the record-breaking sale of 2 combined penthouse units to a single buyer for 34 million dollars in early March.

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Residence at Setai Sells for Nearly 8 Million Dollars

April 3, 2013

An oceanfront condo residence in the Setai Miami Beach recently sold for 7.8 million dollars. This marks the highest price paid for a non-penthouse unit at the ultra-luxury tower.

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Fisher Island Club's Extensive Renovations Are Complete

April 1, 2013

Extensive renovations on Fisher Island Club’s Racquet Club and Links Golf Club have been completed, according to Miller Construction Company. The Racquet Club and Links Golf Club each had their interiors stripped and updated with luxurious finishes.

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Residences in Jade Signature Will Have Large Terraces

March 29, 2013

Jade Signature, the latest Jade project for developer Fortune International, will have large terraces that make up approximately a third of the total living space. The 55-story luxury condominium building is set to rise in Sunny Isles Beach.

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The Real Estate Market Is Still Hot in South Florida

March 27, 2013

The South Florida real estate market is still hot, according to recent figures released by the Miami Association of Realtors, the local Multiple Listing Service and CoreLogic. The new figures show that sales and home prices in the area continue to increase, while foreclosure rates decrease.

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Proposed Bill Would Place Limits on Rentals of Homestead Properties

March 25, 2013

A Florida proposal seeks to limit the number of days per year a homestead property can be rented without adversely affecting the homestead status of the property. The proposed bill allows the rental of a homestead property for up to 30 days in a year. If a homestead property is rented for more than 30 days for two consecutive years, the property will be considered abandoned as a permanent residence and the homestead tax exemption will be lost.

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Boca Raton's One Thousand Ocean Closes Two More Units

March 22, 2013

One Thousand Ocean, a 7-story luxury building in Boca Raton, has closed two more units, bringing the oceanfront property to 91% occupancy. The recently sold units, a 2-story beach villa and a penthouse, totaled 11 million dollars.

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Zaha Hadid Reveals the Design for One Thousand Museum

March 19, 2013

Famed architect Zaha Hadid revealed the design for her proposed luxury condominiums in Miami. The 61-story tower, known as One Thousand Museum, marks her first residential project in the United States. The tower features an ultramodern exoskeleton and is set to rise on Biscayne Boulevard in Downtown Miami.

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