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South Florida Real Estate Blog

Miami Heat Players Also Make Moves in Luxury Real Estate

June 5, 2013

After an intense 7-game series with the Indiana Pacers, the Miami Heat are headed to the NBA Finals to take on the San Antonio Spurs. Luckily, the star athletes can rest up in some of Miami’s most sought-after property during the team’s rare downtime. Off the basketball court, Heat players have been active in Miami’s booming real estate market.

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Property Values Increase in Broward County

June 3, 2013

Official property values increased in nearly every part of Broward County, according to Broward’s property appraiser. It was the best real estate report the county has seen since the recent recession. On average, property values rose 3.9 percent.

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The Grove at Grand Bay Is Set to Rise in Miami

May 31, 2013

Miami-based Terra Group plans to break ground on a new, luxury residential project in Coconut Grove on June 5th. The Grove at Grand Bay features innovative, eco-conscious design, offering stunning views of Sailboat Bay, the marina and the Miami skyline.

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The Luxury Housing Market in South Florida Continues to Post New Highs

May 29, 2013

With the luxury end leading the charge, South Florida’s real estate market is continuing its upward march. Prices in the high-end market are rising, and home sales in the area are breaking previous records. 

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A 7 Million Dollar Penthouse Sells at One Thousand Ocean

May 28, 2013

A luxury oceanfront penthouse in Boca Raton’s One Thousand Ocean has sold for 7 million dollars to a cash buyer. This marks the building’s third penthouse deal since March and its fourth sale of new inventory in the last 75 days.

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Extravagant Penthouse Residences Are Selling for Top Dollar

May 24, 2013

The ultra-luxury real estate market has seen some record-breaking listings this year. While resales of some of Miami’s most expensive properties have been lingering on the market, buyers have been actively snatching up extravagant penthouses in new developments. Top dollar is being paid for new, “trophy” residences that top luxurious buildings throughout Miami.

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Young New Yorkers Flock to South Florida for Second Homes

May 23, 2013

New Yorkers are continuing to purchase vacation homes in South Florida. However, today’s buyers are not just older retirees; younger New York residents are also flocking to the Sunshine State to escape cold, winter weather.

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High Demand and Limited Inventory Leads to a Buying Frenzy in South Florida

May 21, 2013

Strong demand and limited inventory is causing a buying frenzy in South Florida. The real estate boom is reminiscent of 2005 and 2006, except today’s buyers are using cash and heavy equity. Multiple offers are coming in for the current supply of homes and condos, and properties are fetching their asking prices or more.

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