Work on the site is expected to begin in 2026.

Florida is home to three of the five U.S. metro areas that have experienced the highest hike in property taxes in the past five years.

A Broward County panel on Wednesday warned that senior citizens in particular are struggling with mounting condo assessments — and the problem could grow as costs rise and owners cannot sell their homes. Those who own condos are facing the prospect of more financial assessments: There’s a Jan. 1 state deadline to have buildings inspected and shape plans to fund any repairs. The new regulations ...

We’re committed to providing you with the election coverage you need as you cast your vote. We’re aiming to raise $2,750. If you value journalism like ours that strengthens democracy and holds our leaders accountable, please make a contribution today. Diana Ross has been quietly living the Miami...

Stringent Post-Surfside Reforms Leave Thousands of Older Condo Owners Trapped Between Massive Assessments and Unsellable Units. Fort Lauderdale, FL – In June 2021, after the tragic collapse of the Champlain Towers South in Surfside, Florida, the state of Florida enacted stringent new inspection laws aimed at ensuring the safety and structural integrity of older condominium buildings. While these laws were well-intentioned, they have had significant unintended consequences for condo owners, particularly those in older buildings. This article explores the impact of these new laws on condo owners, the challenges they face, and potential solutions to mitigate these issues.

The Miami area has more than a dozen islands. There’s Star Island, once home to Shaq. There’s La Gorce Island, preferred by Lil Wayne and Cher. Then there’s Billionaire Bunker. Since the man-made barrier island’s creation in the early 1900s, it’s been known as Indian Creek. But with a slew of new big-money buyers in the past decade—including Jeff Bezos, Ivanka Trump and Jared Kushner, Tom Brady, and other business titans and entertainers—the alliterative title has taken hold.

The Beckhams are expanding their real estate portfolio with the purchase of a luxurious waterfront mansion in Miami Beach, Florida, valued at approximately $80 million. Located on the highly sought-after North Bay Road, this 14,270-square-foot modern estate redefines luxury living with its open bay views and iconic Miami sunsets. Designed...

Many Floridians know the Sunshine State has become a magnet for billionaires, with names like Stephen Ross, John Paulson, and Larry Ellison calling Florida home. Among the more notable newcomers is Ken Griffin, founder of the hedge fund Citadel. Recently, Griffin’s move from Chicago to Florida has made headlines again—this time due to a significant financial loss on his Chicago penthouse.

WellDuo, Vertical Developments and GCF Development have joined forces with iconic Italian yacht maker, Riva, to unveil Riva Residenze Fort Lauderdale, the first-ever yacht-branded residence. The 20-story development, located at located at 3019 Harbor Drive Fort Lauderdale, features 36 private residences, encompassing two parcels boasting 200 linear feet of waterfront and a private marina with boat slips. With prices starting at $3,500,000, Fortune Development Sales serves as the exclusive sales and marketing team for the project which is now accepting contracts.

South Florida shoppers and residents have a new destination with the opening of Sawyer’s Walk, a sprawling 1.5 million square-foot mixed-use development in Miami's Overtown neighborhood. Featuring a blend of retail and residential spaces, Sawyer’s Walk combines convenience and affordability, making it a significant addition to the area. Located next to the Miami Central Brightline complex, this development offers both ease of access and a wide array of shopping and living amenities.

Miami Beach, FL – October 29, 2024 – Michael Stern’s JDS Development Group and Gianluca Vacchi’s GV Development have proposed a new residential tower rising approx. 400 ft tower next door to Monad Terrace on Miami Beach. JDS and GV plan to redevelop the Bay Garden...

Miami-based developer Mast Capital has completed the largest mat foundation concrete pour in Brickell this year for Cipriani Residences Miami, the brand’s first-ever ground-up residential offering in North America. Flowing continuously for approximately 16 hours, the uninterrupted pour reached 11,500 cubic yards of foundational concrete with 2,500 tons of reinforcing steel. The pour, led by Moss Construction, also sets a record for the largest to date on South Miami Avenue – one of the neighborhood’s most bustling corridors. Completion is slated for 2028. Sales and marketing efforts for the project are handled exclusively by Fortune Development Sales, with prices beginning at $1.7 million.

Purchasing a home in South Florida requires attention to several important elements. This vibrant region offers exceptional opportunities and challenges, making it vital for prospective buyers to be well-informed. Below, we discuss crucial insights to consider for a smart investment in this sought-after area. Understanding the local real estate market.

Newmark announced the off-market sale of a 190,707-square-foot industrial facility located at 14100 NW 60th Avenue in Miami Lakes. A Brookfield Asset Management private real estate fund sold the property to Miami Lakes Industrial, LLC. Newmark was the sole broker in the transaction, with Executive Managing Directors Steve Medwin and...

A 1940s-era apartment near Hollywood Circle could be demolished to make way for a four-story residential building. The unnamed development would offer 39 apartments, measuring 666 to 1,281 square feet each. The South Florida Business Journal reports that layout plans span one-bedroom to three-bedroom designs, with the average home measuring 824 square feet.

Property Markets Group President and CEO Kevin Maloney facetiously called it “approved by exhaustion,” referring to the brief Planning Board public hearing with virtually no discussion that culminated in the unanimous approval of One Park West. The confirmation marked the end of a two-year odyssey that began as...

Parkland and Coral Springs homeowners looking to navigate the complex real estate market are invited to a special event hosted by Parrot Realty on Wednesday, November 6, 2024. According to Parrot Realty, the Fall Parkland Home Seller Seminar promises crucial insights and tips for those considering selling their homes. The...