An office condo in Fort Lauderdale’s Museum Plaza office tower, located at 200 South Andrew Avenue, property totaled 16,084 square feet had been bank owned at the time of sale which has been sold and terms were not closed. Rise realty defined hidden buyer in the transaction. Rise’s Keith Darby and Viktoria Telek handled the […]
Category Archives: Luxury Condos
Miami coastal condo prices up 30 percent; sales activity highest since 2006
The average sales price of condominiums in Miami raised 30.1% total sales activity in the fourth quarter, reaching the highest level since 2006. Miami’s single-family market with the most activity with 22.8% jump sales to 2,028 in total, while condo sales activity rise 9% to 3,178. Total of 5,206 units bought in the final three […]
Investors pay $15 million for 222 apartment units in Tamarac bulk buy
A set of Real Estate investment has paid 15 million for 222 units in the 291-unit Jasmine Condominiums apartment complex in Tamarac which was arranged by Marcus & Millichap, Jasmine Palms located at 8650 NW 61st Street in Tamarac and is currently handling 222 units as apartments. The seller was an Israel-based private investment company while […]
Zalewski: development boom underway in Bal Harbour, Surfside, Bay Harbor Islands
St. Regis Harbour development has surpassed $758 million sales in Bal Harbour. This led to a lot of developments for Bal Harbour and the surrounding municipalities in the northern Miami-Dade. With 10 developed condos id Bal Harbour, Surfside and Bal Harbour Islands, there could be 500 new units in the area. The sales of St. […]
MiMo’s Sunshine Motel sells for $3.5 million
The Sunshine Motel located at the MiMo neighborhood if Miami has recently been sold for $3.5million. The representatives of the seller were Lyle Chariff of the Chariff Realty Group and Mauricio Zapata. The 8,000 square-foot property at 7350 Biscayne Boulevard was sold for an average of $437 per square foot. This was an unlisted transaction […]
Palm Beach condo sales volume jumped by $20 million in October: report
The October condominium and co-op sales in Palm Beach have increased by $20.1 million compared to the same period in 2011. The total sales of co-op and condo sales in October were $24.7 million and the co-op sales in October were $4.59 million. The single family homes that were sold had a $6.95 million increase […]
Developers Will Add a Pair of Beach Towers in Miami
According to condo Vultures which is a brokerage and consultancy firm, newly proposed towers will be constructed on Miami Beach. The condo towers will include the Deauville Hotel Beach Resort and the Residences. A total of 440 units will be constructed when the construction of the towers will be finished. The units that are proposed […]
A Miami Kingpin’s Modern Turn
Mr. Jorge Perez is a known billionaire real estate developer and an art collector in Florida. He has a lot of condo-tower projects over the past few decades that have changed Miami. For decades, his taste in art and architecture were largely influenced by his history. He prefers Latin American paintings and sculptures. In fact, […]