Year to date, the greater Downtown Miami area has added 516 residential condominiums; 2,139 rental apartments; 90,000 square feet office space; and 118,266 square feet of retail space; and 1,780 theater seats. At our current rate, and with current construction expected to be completed this year, we will easily exceed 2018 totals for rental apartments […]
Miami Real Estate Report – May 2019
According to our Miami Area Report for May 2019, the City of Miami residential real estate market is continuing to improve year-over-year. Median selling prices are up by 7.02% while median days on market have decreased by 24.32%. After hovering around a “normal, balanced” market for the past year, supply of inventory dropped dramatically in […]
Robbed in Wynwood
On Sunday morning at 10:14 a.m. I was robbed. I mean that literally, not metaphorically. Two thieves drove up behind my car. The passenger snuck up on my car’s passenger side, smashed the window and grabbed my backpack which, as I am now learning, contained everything I need to function on a day-to-day basis. This […]
Tony’s Oasis
Today would have been Tony Goldman’s birthday. He passed away on September 11, 2012. Tony and his company, Goldman Properties, is very well known in real estate and art circles. He was a driving force in Miami’s South Beach and Wynwood neighborhoods, as well as in SoHo, New York. In Wynwood, he is particularly loved for […]
Miami in the Top Ten Best Cities to Spend a Weekend
Everyone’s favorite blog of lists – Thrillist – has put our own Miami at #6 on their current catalog of “The 25 Best U.S. Cities to Spend a Weekend” Sometimes you just want to get away and explore a totally new city… Which is why we tapped our crack staff of writers and editors across […]
Market Trends – Greater Downtown Miami Rental Market
There are currently 2445 residential condominium units available for rent in the Greater Downtown Miami area… and there’s more inventory coming! As Integra Realty Resources (IRR) reported to the Miami Downtown Development Authority in the Q3 2016 Residential Market Study “Flash Report”, we had 3,748 new construction condominium units delivered in 2016, with an additional 2,774 units expected to be delivered […]