Miami’s Edgewater neighborhood to get tallest condo yet The Elysee Residences aims to be the tallest condo yet in Miami’s booming Edgewater neighborhood. Two Roads Development recently launched sales for the 57-story project at 700 NE 23rd Street, a waterfront site that currently has a four-story multifamily building. It would have 100 units ranging from […]
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 […]
Apartment Developer Buys Site Where 449-Unit Riverside Tower Was Recently Approved Downtown Miami’s red-hot apartment market could be getting a few hundred more units. Apartment developer Adler Group closed on the purchase of the Riverside Tower development site last week. The property is located at 230 Southwest 3rd Street, in front of a city of […]
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 […]
If You Can’t Stand the Heat: South Florida’s Multifamily Residential Market On Blistering Pace Even by the standards of South Florida’s multifamily housing market boom, multifamily builder ZOM has been on a tear. The Florida-based development firm broke ground a few days ago on another 43-story apartment tower, the final phase of the $1 billion […]
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 […]
Once and Future Flagler Miami-Dade College history professor Paul George remembers when Flagler Street was literally Miami’s main street. “Growing up here in the 1950s,” he says, “downtown was the center of almost everything. There were movie theaters, Burdines, five-and-dime stores. It was… 700 Midtown rentals get cold shoulder A developer’s plan to turn half […]
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 […]
Retail property in Miami’s trendy Wynwood district sells for $12.24M CJL Wynwood, an affiliate of New York’s Centurion Realty, LLC, has secured a property in Miami’s Wynwood for $12.24 million in a joint venture with James Realty and Link Real Estate. The New York company bought two adjacent parcels at 2507, 2511 N.W. 2nd Ave […]
