Recent Blog Posts

• Miami Residential Sa ...
  Single family homes and Condominium sales in Miami increased by 51% in the 3rd quarter, making this the 13th consecutive quarter of increased sales as reported by the Miami Association of Realtors.  The average sale price of single family residences rose by 19%, and for condos 21%.  Total inventory has also dropped by 38% from the same period last year and 65% from 2008.  This trend can be attributed mostly to Miami's international appeal which continues to draw investors looking for
  bargains. ...
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• Miami High Gets $50M ...
  For the next four years, Miami Senior High will undergo a large scale renovation and expansion.  The $50 million dollar project is meant to offset decades of disrepair to the high school which is listed on the National Register of Historic Places. The Zyscovich Architects will be designing the three new wings being added to the original structure built in 1928 by Richard Kiehnel.  Victor Alonso, director of design and sustainability for Miami-Dade County public schools says, "We have ...
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• Miami Condo Sales up ...
  A recent Miami Association of Realtors report indicates that May condo sales were up 46% from the same time last year, and home sales were up 20%.  A total of 1,420 condos were sold, up from 962 last May.  Single family home sales increased up to 875.  International buyers are still the driving force behind closed sales as 60% of transactions were completed by foreign nationals.  Brazilians continue to be the hot topic in South Florida. The value of the Real is up, thus Brazi ...
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• New Dry Dock on Miam ...
  Exciting new plans have been revealed for the Merrill Stevens Dry Dock on the Miami Riverfront.  The dock has been a fixture of Miami since the beginning of the 20th century.  David Marlow recently bought the real estate for $6.6M, as well as the equipment and name from  Coconut Grove Bank who took title in a foreclosure action from earlier this year.  He apparently bought the property for half of what the previous owner paid in 2004.  Marlow plans to turn Merrill Steven ...
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• New Gables Project W ...
  A new 250 residential unit, 26,000 sq. ft commercial space will break ground this summer in Coral Gables. The project is currently called Gables 4585 Ponce located between the University of Miami and Merrick Park.  The site covers 2.3 acres of the northeast corner of Lejeune and Ponce, just north of US1. PNC granted the $50M construction loan to an affiliate of Atlanta based developer, Gables Residential.  The great location, and solid rental market were cited as reasons that helped co ...
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