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Real Estate

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...

Photos Show How Collins Avenue In Miami Beach Has Changed From 1940 To 2017

Photos Show How Collins Avenue In Miami Beach Has Changed From 1940 To 2017 Miami Beach’s Collins Avenue has undergone drastic changes since 1940, newly unearthed photos show. A photo from 80 years ago shows a relatively small, unmarked roadway passing by a grove of trees that fronted the beach at the time. The land seen in the picture is now built out with the Fontainebleau Resort. It was utilized...

Miami Beach agrees to let developer build at higher density in exchange for $15M park

Miami Beach agrees to let developer build at higher density in exchange for $15M park The two-block stretch of Miami Beach’s Ocean Terrace is now the future site of a $15 million public park space. Miami Beach Mayor Dan Gelber and city commissioners gave unanimous approval Wednesday to a deal involving a notable trade: In exchange for the city vacating street and sidewalk space in addition to altering...

Downtown Miami Getting A Lighted Baywalk As A Super Bowl Legacy Project

Downtown Miami Getting A Lighted Baywalk As A Super Bowl Legacy Project Downtown Miami’s baywalk will soon be lighted as part of a project too be built ahead of the Super Bowl to be hosted here in 2020. Local officials are raising over $40 million to host the Super Bowl, including at least $14 million from Miami-Dade County alone. The city of Miami is also contributing......

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...

Elysee PH under contract for nearly $13M, setting new record in Edgewater

Elysee PH under contract for nearly $13M, setting new record in Edgewater A penthouse at the under-construction Elysee Miami tower is under contract for $12.8 million, a sale that would blow past the previous $4.1 million record in Edgewater, The Real Deal has learned. Two Roads Development is developing the 57-story, 100-unit tower at 788 Northeast 23rd Street in Edgewater, a neighborhood where a number...

Facebook is launching its own financial marketplace will the real estate industry sign on?

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 complete multi-million-dollar transactions in real...

48-Story Natiivo Tower Next To Miami Worldcenter Designed For Airbnb

48-Story Natiivo Tower Next To Miami Worldcenter, Designed For Airbnb Natiivo, a 48-story tower planned in downtown Miami, was revealed by developers yesterday. It is the first project in Miami to be “powered by Airbnb,” with units designed for short term rentals in partnership with Airbnb. Natiivo will charge 25 percent of income for management, plus another 3 percent Airbnb listing...

Tallest projects proposed in Miami

Here are the tallest projects proposed in Miami More than 20 years ago, residential skyscrapers started sprouting up in Brickell and downtown Miami, slowly replacing low-rising condo and apartment buildings, older hotels and retail buildings. Today, Miami flaunts the third tallest horizon in the U.S., trailing just New York City and Chicago with more than 300 elevated structures. Filled by request...

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