Rent reform in New York, California propels new wave of multifamily investors to Miami First, it was tax reform that pushed CEOs, hedge fund managers and other high-net-worth individuals to South Florida. They were lured in by the favorable climate, luxury residential properties and most of all, substantial tax savings. Now, it is the multifamily […]
A Look at What the National Flood Insurance Program Does The National Flood Insurance Program (NFIP) provides property owners, businesses, and renters access to affordable flood insurance, according to FEMA. Overall, the program aims to reduce the impact of flooding on individuals and communities. The NFIP program: Caps NFIP rates at $10,000 per year for […]
South Beach Filming Locations Miami Beach South Beach: Sun, Fun and Art Deco South Beach, or SoBe, spanning along Biscayne Bay and the Atlantic Ocean has a long, storied history in film and media. With the photogenic MacArthur Causeway, picturesque Venetian Causeway and largest collection of Art Deco Architecture, this small chic neighborhood is known […]
Florida Gained $17.7B Net Income In Just One Year From New Residents Close to 1,000 new residents are migrating every day to Florida, and it is creating big gains in taxable income for the state (Florida doesn’t tax income) a new study by Lendingtree shows. Florida is by far the biggest winner in net income […]
New Development Proposed for North Beach Town Center Plans have been submitted to the Miami Beach Design Review Board for a new mixed-use development overlooking the North Shore Park on 72nd Street. An entity controlled by Matis Cohen and the Galbut family is proposing to build a 22-story tower with ground floor commercial space, a […]
Can hotels bring back the Lincoln Road vibe? A proposal to incentivize hotel development on Lincoln Road cleared another hurdle with the endorsement of the Miami Beach Historic Preservation Board. Two property owners initiated the draft ordinance that would eliminate parking requirements for hotels on Lincoln Road between Lenox and Pennsylvania Avenues and increase the […]
Miami is Becoming the Wall Street of the South As Florida cities compete for companies looking to relocate to the Sunshine State, Miami is dominating the field. This year, Miami, with the help of Enterprise Florida, has managed successful business campaigns directed at companies and individuals in high tax cities and states… www.floridadaily.com
Infrastructure Work For America’s Biggest Mall About To Begin In Miami An interchange needed for America’s biggest mall will begin construction shortly, with bids from contractors said to have been due earlier this week, according to Miami Today. Development will start soon after offers are submitted, an agent said. Engineer Triple Five intends to burn […]
Facebook is launching its own financial marketplace. Will the real estate industry sign on? Facebook’s long-awaited crypto-anchored financial marketplace may emerge as a game-changer for real estate when it debuts next year. The platform, powered by blockchain, could allow tenants to send the rent with a click of a button, and buyers and sellers to […]
Miami Top In US For Luxury Property Price Appreciation In Q1 Prime Global Cities Index Luxury property prices rose faster in Miami than any other U.S. city tracked by Knight Frank’s Prime Global Cities Index in the first quarter. Four U.S. cities are tracked by the index, which monitors high-end residential prices. Miami is benefiting […]