54 townhomes in the Orchid Grove in Pompano Beach has been sold by CBRE (who represented the seller) to 1370 S. Ocean LLC for $11 million. Buildings that can be seen at 649 Cypress Road were sold for almost $94 per sq. ft., or $203,704 in total. Investors had been drawn down to South Florida […]
Category Archives: Miami
Lennar pays $1.73 million for nine-acre vacant Aspen Glenn tract in Boynton Beach
Lennar Corporation paid $1.725 million for a 9.36-acre vacant lot at 7216 Lawrence Road in Boynton Beach. The land is known as Aspen Glenn. Buyer was given by Doug Kirlin and seller, LAAC 1, a limited liability company, granted by Bert Freehof, vice president in commercial brokerage at Brenner asset is booked for the development […]
Miami Beach house built by famed architect faces uncertain future
A 1935 style red brick house by famed architect Maurice Fatio in Miami Beach is under repair. Fatio was once one of the most popular architects in New York City. But today one of his creation at 5446 North Bay Road could be ruined by its residents who want change their home with a more modern structure. The house is currently […]
Douglas Elliman reaches 40 percent at new condo, Palau at Sunset Harbour
The asset located in the Sunset Harbour neighborhood in Miami Beach, is developed by trust of family of former Disney executive Roy Disney. One of his two condos the Disney funds is establish along with Peloro in Mid Beach has reached 40% sales at the new condominium they are marketing. Most buyers are from South […]
Palm Beach home lists for $8 million
A home located at 1157 North Lake Way in Palm Beach listed for $7.9 million, includes three-bedroom, 4.5-bathroom waterfront property has a total of 3,597 square feet of living space, listed by Fite Shavell & Associates’ Aaron Warren. Asset located at El Encanto subdivision was last bought for $3.68 million in 2001.
16K SF Museum Plaza office condominium unloaded in Fort Lauderdale
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 […]
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 […]
Renovation work to begin on Langford Hotel project in downtown Miami
The renovation of Miami National Bank Building also known as Langford building located at downtown Miami into the Langford hotel will start with $6 million initially according to to Stambul USA which is the one reconstructing the building. The 130-room hotel will be located at 121 SE streets. They believe this will help with the improvement of […]
Former Formula 1 driver Eddie Irvine sells his Venetian Islands home for $7 million
Eddie Irvine formula 1 driver who raced four years for Ferrari has sold his home on the Venetian Islands located at 410 West San Marino Drive. It includes five-bedrooms, a 5.5-bathroom designed by architect Luis Bosch. It was sold for $7 million to an undisclosed local developer. Irvine bought the home in June 2010 for […]
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. […]