In the twelve months ending June 30, 2015, Keyes Commercial Realty dominated the Miami MLS market share rankings by number of sales transactions of commercial improved properties within Miami-Dade County. The firm’s impressive 4.1% market share was 82% more than the next highest competitor and almost as much as the next two highest competitors combined. Other companies that made […]
In the 5 1/2 years from January 2010 through June of 2015, the median sales price for businesses sold and recorded in MLS (business opportunity listings) was less than the median asking price for the same month 77.2% of the time. Given that this data is simply for new listings or sales in a given […]
In the seven days to August 3, 2015, MLS counts 96 new listings for improved commercial/industrial properties within Miami-Dade County, up considerably from 61 new listings in the week ending July 27th. Notable among the listings is an office building on 2nd Avenue in downtown Miami listed by Keyes Commercial Realty for $18.8 million. Other indicators during […]
The total number of active commercial/ business/ agricultural/ industrial land listings in MLS for Miami-Dade County inched up 2.5% June to 822. Although recovering from a slight dip in the prior month, this increase represents the fifth increase in six months, as the total number of new listings has steadily marched upwards from 770 to 822, […]
As a young boy, I once noticed that our family dog would lie in the seemingly exact geometric center of the people in the house. Upon noticing this, I tested it by gathering the family together, then watching what he would do as people moved around the room. Even if someone moved just a couple […]
In the seven days to July 27, 2015, MLS counts 18 new listings for commercial/business/agricultural land, coincidentally exactly the same as the prior week ending July 21st, which also had 18 new listings of this type. Notable among the new listings is a warehouse on nearly 20 acres on NE 215th Street with an asking price of […]
In the seven days to July 27, 2015, MLS counts 61 new listings for improved commercial/industrial properties within Miami-Dade County, down a touch from 66 new listings in the week ending July 21st. Notable among the listings are a property on NE 209th Street in Aventura for nealry $9 million and an industrial property on NW River Drive […]
In the seven days to July 21, 2015, MLS counts 18 new listings for commercial/business/agricultural land, down from the prior week ending July 13th, which saw 28 new listings of this type. Notable among the new listings is a property in Edgewater with premium development potential and an asking price of $5.3 million. Other indicators during […]
In the seven days to July 21, 2015, MLS counts 66 new listings for improved commercial/industrial properties within Miami-Dade County, down nearly a third from 95 new listings in the week ending July 13th. Notable among the listings is a fully equipped restaurant and bar on North Miami Avenue for $10.5 million. Other indicators during this […]
The National Association of Realtors® has released its Like-Kind Exchange Survey for 2015. For a significant portion of real estate market participants, like-kind exchanges, commonly referred to as 1031 exchanges, provide an important vehicle to dispose and acquire property. Sixty-three percent of REALTORS® participated in a like-kind exchange transaction during 2011-14. Like-kind exchanges accounted for […]
Get out your wallet. Property Appraiser Pedro J. Garcia has announced the July 1 Preliminary Certification of Taxable Values to Miami-Dade County area taxing authorities . “For the first time since 2007, every municipality in Miami-Dade County has seen a value increase. This growth has been steady with the coastal communities leading the way,” said […]
In the seven days to July 13, 2015, MLS counts 28 new listings for commercial/business/agricultural land, up rather significantly from from the prior week ending July 6th, which saw 15 new listings of this type. Other indicators during this period that commercial real estate investors may wish to review are trends in commercial real estate prices and […]
New Miami-Dade County commercial property listings on MLS reached one of the highest levels in the past 5 years. The 423 new listings level has only been surpassed a half dozen times in the last 5 1/2 years, and even then by a small margin. Additionally, this level, in the upper end of a […]
In the seven days to July 13, 2015, MLS counts 95 new listings for improved commercial/industrial properties within Miami-Dade County, exactly the same, rather coincidentally, as in the prior week ending July 6th. Other indicators during this period that commercial real estate investors may wish to review are trends in commercial real estate prices and availability. These […]
After dipping to a 3 month low of 2,914, the number of active commercial (improved) listings in Miami-Dade County MLS spiked up to 2,980 in June, the highest level since November of 2014. This is still fairly short of the 5-year peak of 3,500 reached in October 2012, but represents the upper end of a […]
In the seven days to July 6, 2015, MLS counts 15 new listings for commercial/business/agricultural land, down from from the prior week ending June 29th, which saw 20 new listings of this type. Other indicators during this period that commercial real estate investors may wish to review are trends in commercial real estate prices and availability. These are […]
