The Miami Beach Historic Preservation Board on Tuesday recommended creating two local historic districts in the city’s North Beach neighborhood. Now it’s up to the Miami Beach City Commission, which will likely begin discussions on the creating the districts at its monthly meeting next week. Discussions about creating local historic districts in North Beach,...
Florida Jumps Texas as third most popular state among billionaires- Forbes
Florida’s wealthiest residents have some new neighbors. An influx of the ultra-rich has boosted Florida to third place for popularity among billionaires in the Forbes 400 list. Nine new billionaires from the Forbes 400 are calling Florida home this year, raising the state’s roster of the ultra-wealthy to 40. That’s also seven more billionaires on the list than...
Crest Hotel Suites Miami Beach sells for $24 million
Blue Road is buying the Crest Hotel Suites in South Beach for $24 million, as it boosts its collection of boutique properties, The Real Deal has learned. The deal is expected to close this week, Blue Road principals Jorge Savloff and Marcelo Tenenbaum told TRD. The Crest, at 1670 James Avenue in Miami Beach, has two adjoining buildings with a total of 69 units,...
Population of downtown Miami grows by a third in six years
Young professionals are increasingly making their homes in the central business district, says a new report by Miami’s Downtown Development Authority: the population has increased 33% since 2010 “and the majority of the population within downtown Miami are highly educated, young working professionals.” Fully 45% are aged 25-44, and more than 50% hold a college...
Best August in History for Miami Single-Family Homes
MIAMI — The Miami single-family home market enjoyed its best August in history, breaking a 22-year record for the most ever August single-family home sales as dollar transaction volume and median prices posted double-digit gains, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system. Miami-Dade...
Miami is the third most fun city in America!
While Miami may not fare well nationally in important facets of life like safety and affordability, the city clearly knows how to have a good time. Fresh of being ranked the eighth best party city in the world a week ago, Miami just took the No. 3 spot nationally in 2016’s Most Fun Cities in America, according to a study by WalletHub. Their methodology was...