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Real Estate

South Beach neighborhood prone to flooding, residents battle over historic label

South Beach neighborhood prone to flooding, residents battle over historic label Some Palm View residents want to get rid of the area’s historic designation, which they argue depresses property values and prevents them from building more resilient structures. A tranquil South Beach neighborhood concealed close to clamoring City Hall and Lincoln Road has become a battleground among preservationists and...

Study: People Are Willing To Spend More Of Their Income To Live In Miami Than Almost Anywhere Else In The World

Study: People Are Willing To Spend More Of Their Income To Live In Miami Than Almost Anywhere Else In The World Miami is one of the most expensive cities in the world to live in, with residents willing to spend significantly more for the privilege of living here, a new study shows... www.thenextmiami.com   Real Estate Property Listings...

Fannie Mae issues ruling on renting newly-purchased second homes on Airbnb

Fannie Mae issues ruling on renting newly-purchased second homes on Airbnb Second-home owners who want to rent out their properties will breath a sigh of relief, and perhaps make a bit of cash. A recently revamped report from Fannie Mae proposes property holders and banks may have been misconstruing rules around rentals of second homes since 2001. Fannie Mae's April 3 explanation of the "Second-Home...

Royal Caribbean Wants To Build $300 Million HQ Building At PortMiami

Royal Caribbean Wants To Build $300 Million HQ Building At PortMiami Royal Caribbean is proposing to build a $300 million office campus on land owned by Miami-Dade County at PortMiami as an expansion of their global headquarters there. A new building would be constructed, while two existing buildings would be renovated, and a third demolished.  Employee at the HQ will increment from 2,200 to 4,200. The...

Miami Beach Red Sidewalks It Is

Miami Beach Red Sidewalks It Is Despite maintenance and color matching issues over time, the City Commission this month voted in favor of making “Miami Beach red” sidewalks the default option, eventually replacing the natural gray concrete that has been used more recently. The shade of the City's walkways is a discussion nearly as old as the City itself. Miami Beach changed to “the more...

Mortgage Interest Rates Dropped and May Stay Down for Months

Mortgage interest rates dropped and may stay down for months Interest rates on 30-year, fixed-rate mortgage loans fell and may stay down for months or even longer if global economic growth remains slow. Mortgage News Daily reported that the average mortgage lender is offering a financing cost going from 4.125 to 4.25 percent, and forceful moneylenders are offering 3.875 percent to the most reliable...

What’s next for Flagler Street in downtown Miami

What’s next for Flagler Street in downtown Miami Entrepreneur Moishe Mana, who bought 45 properties along and abutting Miami’s Flagler Street, says he’s finally ready to act. His first move: an art and design university will move to the downtown district. The university says it plans to open at 155 South Miami Ave. in summer of 2020. Eugene Lemay, chief of Mana's specialty tasks, said inside...

Florida is the best state for investors to own vacation rentals: report

Florida is the best state for investors to own vacation rentals: report If you want to make bank renting out vacation homes, Florida is the place to be. A new report by Rented.com ranked 150 cities in terms of the returns investors could make with vacation rentals and the Sunshine State nabbed the first 19 spots, according to Forbes. The ranking considered neighborhood guidelines on transient rentals,...

Selling Your Home Solo to Save Money? You’ll Actually Make Less Than You Think

Selling Your Home Solo to Save Money? You’ll Actually Make Less Than You Think Some homeowners pick to sell their living arrangement without a realtor to get around paying a commission and make a greater amount of the benefit. Forty-three percent of individuals (down from 48 percent a year ago) who sell without a realtor feel that on the off chance that they sell themselves, they'll wind up doing some...

brickell-lux-tower

Renderings Brickell Lux Tower with Hotel & Residential

Renderings Brickell Lux Tower, With Hotel & Residential Habitat Group has revealed renderings of a project planned in Brickell, the biggest yet for the developer. The new tower, to be called Brickell Lux, is proposed to be worked at 143 Southwest Ninth Street. Brickell Lux will incorporate 108 extravagance apartment suites, 60 lodgings, and ground floor business space, Habitat composed via web-based...

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