Real Estate Blog

Terra, led by David Martin, has offered $500 million to acquire the Castle Beach Club condominium in Miami Beach. The 18-story, approximately 570-unit building at 5445 Collins Avenue has been on the market for over a year. If Terra secures enough support for a bulk purchase, it plans to demolish the building and develop a new project on the four-acre site. The firm has been active in various South Florida projects, including several developments in Miami Beach.

Finally conceding one of the theme park industry’s worst kept secrets, Universal Orlando said Thursday it will build a new theme park complex with hotels, shops, restaurants and an entertainment center several miles south of its existing resort, to be called Universal’s Epic Universe. But the company disappointed park-watchers when it...

Story courtesy of Floridarealtors.org LendingTree migration study: More homebuyers heading south   CHARLOTTE, N.C. – Oct. 31, 2017 – LendingTree, an online loan marketplace, released the findings of its study on where residents in each state want to move. In the latest study, LendingTree says it discovered a southern tilt in preferences for...

Increased rent amounts dip into Miami paychecks like no other city according to a report by the Miami Herald. Two thirds of Miami renters pay 30% or more of their wages to landlords according to a new study from Apartment List. One in three Miami renters pay more than 50% of...

An impressive sale has occurred at the not yet begun project of the Ritz Carlton Residences in Sunny Isles Beach. According to the developers at Fortune International Group, the price tag on the mansion in the sky sold for an unprecedented $21,000,000.00. The entire level of the 51st floor was...

A variety of two and three story restaurants and a fish market are heading to the Miami River piecing together a currently-under-construction self-storage and restaurant property named the East Coast Building, according to the developer of both, MV Real Estate Holdings. The new gem will be called the Riverside Wharf and is located...

The Dezervator, most likely the most notable feature of the Porsche Design Tower in Sunny Isles Beach, has been patented and almost ready for action.  Engineers recently completed the final details on the 9 level mini of the final product in Chicago, and have since been putting the concept through its...

Recent sale data for properties sold at Delvista Towers in Aventura is showing true promising signs. With foreign and local investors pushing the market forward, Carden Realty is pleased to present the most recent sales: 1 Bedroom Condos In Delvista Towers - Recent Sales - (2) List Price Sale Price Unit # MLS # Bed /...