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March 29, 2013
Jade Signature, the latest Jade project for developer Fortune International, will have large terraces that make up approximately a third of the total living space. The 55-story luxury condominium building is set to rise in Sunny Isles Beach.
March 27, 2013
The South Florida real estate market is still hot, according to recent figures released by the Miami Association of Realtors, the local Multiple Listing Service and CoreLogic. The new figures show that sales and home prices in the area continue to increase, while foreclosure rates decrease.
March 25, 2013
A Florida proposal seeks to limit the number of days per year a homestead property can be rented without adversely affecting the homestead status of the property. The proposed bill allows the rental of a homestead property for up to 30 days in a year. If a homestead property is rented for more than 30 days for two consecutive years, the property will be considered abandoned as a permanent residence and the homestead tax exemption will be lost.
March 22, 2013
One Thousand Ocean, a 7-story luxury building in Boca Raton, has closed two more units, bringing the oceanfront property to 91% occupancy. The recently sold units, a 2-story beach villa and a penthouse, totaled 11 million dollars.
March 19, 2013
Famed architect Zaha Hadid revealed the design for her proposed luxury condominiums in Miami. The 61-story tower, known as One Thousand Museum, marks her first residential project in the United States. The tower features an ultramodern exoskeleton and is set to rise on Biscayne Boulevard in Downtown Miami.
March 15, 2013
Many luxury oceanfront condominiums in Miami have been selling way before construction begins. One example of this is Peloro, A new luxury waterfront condominium tower set for construction in Miami Beach. Sales started about three months ago and seventy five percent of the 115 units have already been reserved for sale.
March 13, 2013
The Real Housewives of Miami star, Lisa and her husband Dr. Leonard Hochstein recently received approval to tear down the home they recently purchased in Miami Beach. They bought the 8,117 square foot home for seven million and six hundred thousand dollars.
March 11, 2013
Luxurious parties for waterfront condominium towers seem to be back in style again in Miami. Last week JDS Development Group and Property Market Group threw a party for their new condo project Echo Aventura, a luxury waterfront condominium tower that will be located on Biscayne Bay in Miami.
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