In the seven days to August 31, 2015, MLS counts 101 new listings for improved commercial/industrial properties within Miami-Dade County, essentially the same number as the 102 new listings in the week ending August 24th. Worthy of noting among the new listings is a multifamily redevelopment opportunity fronting Alton Road on Miami Beach (see Miami Beach multifamily […]
The median number of days to sell commercial improved property within Miami-Dade County shot up in July to 113 versus the prior month level of 83. Although worthy of note and markedly higher than the prior month, this level remains low versus levels that reached as high as 198 in the 5 years and 7 months […]
The MLS closing to list price ratio for improved commercial properties within Miami-Dade County drifted a touch lower in July to 96% from 96.3% in the prior month. This remains, as can be seen in the accompanying chart, near the high of 96.9% in April, and is generally in line with favorable trends for commercial […]
In the seven days to August 24, 2015, MLS counts 31 new listings for commercial/business/agricultural land, up more than 40% from the level the week ending August 18th which had 22 new listings of this type, and more than double the 14 new Miami-Dade commercial land listings during the week ending August 10th. Worth noting among the new is a Keyes […]
The number of new commercial land MLS listings in Miami-Dade County edged up to 97 in July from 93 in the prior month. As can be seen in the accompanying chart, this level is not far from the high over the past 5 years and 7 months of 110 that was reached in March. Notable among […]
In the seven days to August 24, 2015, MLS counts 102 new listings for improved commercial/industrial properties within Miami-Dade County, up from 96 new listings in the week ending August 18th. Noteworthy among the listings for the week is a 42 unit multifamily property in Miami’s developmentally active Edgewater area (see demographic and economic data and […]
The quantity of new listings on MLS within Miami-Dade County for improved commercial properties fell by about 18% from the prior month’s level of 437 to 358. Although this was the 2nd lowest level of new listings in seven months, it was in the middle of a range since mid 2012 of approximately 300 to 450 […]
The number of MLS active commercial improved property listings in zip code 33133, which is the zip code for Miami’s Coconut Grove, has steadily declined since 2012, as can be seen in the accompanying chart. This is counter intuitive given the high level of real estate activity in the area in the past couple of […]
On the Miami-Dade MLS, the number of improved commercial property listings edge down ever so slightly in the month of July to 2,959 from 2,968 in the prior month. As can be seen in the accompanying historical chart, which displays active commercial improved property listings for the 5 years plus 7 months ending July 2015, […]
In the seven days to August 18, 2015, MLS counts 22 new listings for commercial/business/agricultural land, up more than 50% from the level the week ending August 10th which had 14 new listings of this type. Worth of note among the new listings is a 7,500 sf lot in the CBD on 9th street with an asking price just over […]
Commercial/business/agricultural/industrial land Miami-Dade County MLS listings surged nearly 40% from the prior month to a level around the average for the prior year or so. Although somewhat short of recent highs, the 92 new listings were considerably improved from the prior month, which saw the lowest level since February 2013. Although at a somewhat of an […]
Owner plans to put a new hotel at Hialeah Park The owner of the Hialeah Park casino and horse racing track plans to build a hotel on the 220-acre property, starting next year. The president of Hialeah Park, John Brunetti Sr., said he has a longer-term plan to build a shopping mall there, too. Brunetti […]
In the seven days to August 10, 2015, MLS counts 96 new listings for improved commercial/industrial properties within Miami-Dade County, up from 81 new listings in the week ending August 10th. Noteworthy among the listings for the week are a portfolio of Coral Gables multifamily properties with an asking price of $14.9 million and a turnkey bed […]
In the seven days to August 10, 2015, MLS counts 14 new listings for commercial/business/agricultural land, down nearly half from the prior week ending August 3rd which had 29 new listings of this type. Notable among the new listings is a listing for a half acre on Washington Avenue on Miami Beach for $10.3 million. Other indicators during […]
In the seven days to August 10, 2015, MLS counts 81 new listings for improved commercial/industrial properties within Miami-Dade County, down a touch from 96 new listings in the week ending August 3rd. Notable among the listings is a multifamily property on Brickell Avenue for $8 million. Other indicators during this period that commercial real estate investors may […]
In the seven days to August 3, 2015, MLS counts 29 new listings for commercial/business/agricultural land, up rather significantly from the prior week ending July 27th which had 18 new listings of this type. Notable among the new listings is a listing for just over $6.5 million for nearly 109 acres of avocado groves just outside the […]
