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Miami Beach Luxury Real Estate

A Look at What the National Flood Insurance Program Does

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 property owners. Directs FEMA to develop more...

Florida Gained $17.7B Net Income In Just One Year From New Residents

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 gains created by residents moving from another state, the analysis concludes. IRS information...

Wealthy New Yorkers are ditching city’s high taxes for Miami

Wealthy New Yorkers are ditching city's high taxes for Miami Call it fight and flight. Affluent New Yorkers, financially distressed by recent changes to the nation’s tax laws, are bucking the Big Apple’s high costs and heading for an economic paradise : Florida's Miami-Dade County area. The famed resort is luring the disgruntled urbanites with the prospect of a considerable annual tax and...

New Development Proposed for North Beach Town Center

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 landscaped amenities deck, and a rooftop terrace in the North Beach Town...

Can hotels bring back the Lincoln Road vibe?

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 allowable height for new hotel...

5 essential questions to ask before you buy a Florida vacation home

5 essential questions to ask before you buy a Florida vacation home Lifestyle is the No. 1 factor that should determine what you buy. New York City is a wonderful place to live, but there are times; during the sweltering heights of summer, or the frozen depths of winter, when it’s an even better place to escape from. For many New Yorkers, South Florida is a popular destination when it’s time to flee...

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