Hot on the heels of Atlantica Dania Beach converting to condos last month, developers of another Pompano Beach project followed suit in response to heightened buyer demand. Nabbing a multimillion-dollar bridge loan, developers of the newly completed Envy Apartments shared they will be converting the luxury rental project to condos. Further, last month, Related Group and BH Group filed plans for a stunning new oceanfront condo-hotel project in Pompano Beach, Alina 210 received its TCO, ready to welcome its first residents, and Alba Palm Beach began vertical construction.  Read on to find out what’s happening over at Boca Raton’s Mandarin Oriental Hotel Residences and other details in our August 2024 pre-construction condo market round-up for Fort Lauderdale and Palm Beach. Closings Underway Alina 210 – Boca Raton Planned/Proposed Condo-Hotel by Related and BH Group – Pompano Beach Construction Updates Alba Palm Beach – West Palm Beach Other Updates Envy –...

With above-average sales and record prices, Q2 2024 data shows how Miami's luxury condo market is thriving with no signs of a major correction. This paired with Moody's latest AAA rating and stable outlook for Florida's economy further validates that Miami's luxury housing market is poised for continued growth. In our neighborhood-wise analysis for Q2 2024, Coconut Grove & Coral Gables (combined) plus Mid-North Beach (collectively) stood out as the markets to watch. Interestingly, Mid-North Beach's modestly-sized luxury condo market emerged as the most popular among buyers in Q2 2024, as it closed the quarter with the highest year-over-year increase (44%) in sales. The beachside grouping also provided maximum value to sellers by reporting the highest percentage gains (38%) in year-over-year Price per Square Foot. On the other hand, Coconut Grove & Coral Gables maintained its status as the most dynamic market in Miami by reporting the lowest days to market and inventory...

Miami's vibrant real estate scene has just welcomed an exciting new addition: Ocean House, an ultra-luxury boutique condominium on the coveted Surfside beachfront. This project, recently launched by developers Multiplan Real Estate Asset Management (Multiplan REAM), promises to redefine the city's luxury living concept. Designed by the renowned firm Arquitectonica, Ocean House will be an architectural masterpiece that seamlessly blends contemporary elegance with the serenity of its coastal surroundings. Its flowing, curvilinear lines perfectly frame the expansive floor-to-ceiling windows offering breathtaking panoramic views of the Atlantic Ocean. Rising 10 floors, the building will house a total of only 25 residences for the most discerning buyers seeking location, privacy and craftsmanship. Prices at Ocean House start at $5 million, reflecting the project’s exclusivity and level of luxury. For those seeking the best of the best in Surfside, this represents a unique investment...

One of the most important aspects of condo living is the relationship you’ll have with your Homeowners Association (HOA) or Condo Owners Association (COA), which is the entity in charge of managing and regulating your building and community. These associations dictate policies that directly affect you as a homeowner; this is why it’s so important to know the right questions to ask a COA before buying a new condo. In our years of experience serving clients buying a condo in Miami’s real estate market, we’ve come across many buyers who, like you, might be wondering what’s fair game to ask. First, an experienced and licensed real estate agent in your city is one of your biggest allies before you put in an offer. They often will already know a lot of insider information about a building from past and current owners and clients. And that knowledge can prove invaluable. However, we also advocate for you as a condo buyer to be as aware and educated as possible when making a condo purchase...

Key Biscayne is a coveted neighborhood offering the best of South Florida living in an intimate, family-focused island setting. With uncluttered and semi-private beaches, acres of lush national park space, greenery, tennis facilities, golf courses, and family-friendly safety, this island is a harmonious suburban community with quick access to Miami’s best. Residents rate this tropical paradise as one of the finest to build a life and raise a family. It is so desirable that even stars like Lionel Messi, Cher, Andy García, Latin pop star Juanes, and tennis superstar Mary Joe Fernandez have decided to call Key Biscayne home at some point. So, if you’re curious to know what the very best of island living in Miami is like, we’ve got you covered. Here’s our expertly curated list of the top five best condos in Key Biscayne and why each deserves their position. Prices per square foot reflect prices at the time of posting.   — Why Choose Key Biscayne? Key Biscayne is considered an...

Miami’s skyline constantly evolves with exciting buildings that transform the landscape and become icons on their own; think One Thousand Museum by the legendary Zaha Hadid! And even though architects are often the visible name, condo developers are the ones that make all of these masterpieces possible. They have the vision, form stellar teams, and take risks to make everything possible. In our latest video, Sep Niakan, founder of Blackbook Properties and veteran Miami real estate broker, examines the top five condo developers in Miami responsible for transforming our city over time and why you should care about them. Curious to see who they are?                           When looking for a Miami condo for sale, you as a buyer should definitely look into who the developer is. Developers create the vision for the project and are responsible for bringing that vision to life by building something that meets your expectations, will stand the test of time, and protects their brand....