97% of financing is now accessible for some Downtown Miami condominiums and marks that the recession is finally falling behind. Just for example, the developers of a 33-story condominium project, 4 Miami Midtown located at 3301 NE 1st Avenue in Miami, also has this program. Unit starts as low as $267,000 at the high rise […]
Category Archives: Florida
Legoland Florida to expand this summer
200 East sees $14.5M in sales
Wellington office park trades at $18.3M discount
After the downfall of the housing market last 2008, the Wellington Reserve Office Park was detained by a commercial mortgage-backed securities trust for not being able to pay its $28.8 million mortgage. Just recently, a firm that obtained almost $100 million of tormented Florida properties in 2012 also purchased the park at a discount of […]
Buyer of Tiger Woods’ Windermere home revealed
Bubba Watson, who is also a Golf Champion, bought Tiger Wood’s Windermere homes last summer. He is also going to renovate the mansion and almost 95% of its present structure will be changed. Tiger bought the home for $2.475 million in 2000. Unfortunately, the exact sale price was not revealed in Watson’s place this time.
Wellington equestrian farm sells in auction to Ecuadorean magnate for nearly $7M
One Thousand Ocean divides penthouse for $5.9M
One Thousand Ocean condominium under Boca Raton was divided into two penthouses under the request of the buyer. The couple liked the place but realized it was too large for them. The other half was just $5.9 million and was already concluded, making the building accomplish a stunning 89% occupancy. The unit stayed as customizable […]
Miami penthouse sells for $34M
Penthouses 1601 and 1602 at the Residences at the Miami Beach Edition were combined to total a 16,271 sq. ft. triplex. This deal was closed for $34 million, and is now regarded as one of the most expensive penthouse sales in Miami so far. The penthouse features outdoor kitchens, multiple pools, eight and three-half […]
Miami casino project will not be slowed by Genting’s Vegas development plans
Beside the Adrienne Arsht Center for the Performing Arts in city center Miami will stand a mixed-use casino, a plan by the Genting Group. This will not be, in any way, affected by their recent $350 million acquisition of 87 acres in Las Vegas. Richard Goode, Resorts World Miami president, stated that the Vegas project […]
New Bay Harbor Islands condo development to premiere next month
Riva Bay Harbor, a 25-unit project located at 9400 West Bay Harbor Drive, will be the latest waterfront development in Bay Harbor Islands that will premier next month. The condo will present a fitness center, a roof-top pool, and interiors designed by Sam Robin. The building will vary from three to four bedroom units that […]