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 […]
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 […]
Florida was the site of an enormous real estate bubble in the 1920s. Fueled by easy credit and advertisers that promoted a lifestyle of sunshine and leisure, contemporaneous accounts describe an overall “herd mentality” madness among Florida investors. Astonishingly, some lots in the city of Miami were bought and sold as many as ten times in […]
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 […]
Who knew nail salons were on such a roll? In the accompanying chart from FRED (Federal Reserve Economic Data) the aggregate revenue of a rather eclectic group of business types are plotted. These include nail salons, oil change and lubrication shops, bowling centers, and barber shops. Since 1998, both bowling centers and barber shop […]
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 […]
As much as it feels like Miami’s population growth has exploded in recent years, this FRED (Federal Reserve Economic Data) chart of population growth in Miami-Dade County since 1970 tells a different story. In fact, population growth in the county has been fairly steady, as evidenced by the straightness of the plotted population line. What’s […]
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 […]
Brickell City Centre is bound to change commercial real estate and the flow of commerce in the CBD and surrounding areas. Whether you’re interested in the project or are instead ever fascinated by big construction projects, this short video is worth watching.
