The Coconut Grove Playhouse opened in 1927 as a movie theater which has been hosting famous performers throughout the years.
But after these glory years of success, the Coconut Grove Playhouse was closed in 2006 because of debt accumulation and remains closed today.
Two weeks ago the State of Florida decided to give a 30 days deadline to the Coconut Grove Playhouse to put itself back on its feet. Otherwise, the theater will become a state property. Read the rest of this entry »
Argentines are nowadays the leaders in the real estate market. They exceeded Brazilian investors which used to be the most active group from Latin America. For example at Opera Tower 50% of the recent buyers were Argentines.
Is it a signal that the Argentineans are desperate to park their money somewhere else than in their own country? Read the rest of this entry »
Even if Europeans have always been pretty active in South Florida’s residential market, a few months ago they started to massively buy properties.
Since the inventory in Miami Beach and Downtown is decreasing these buyers are very aggressive. Indeed, they make offers as soon as properties become available on the market.
Numbers speak for themselves; 3 condos in the $2 million range at Canyon Ranch, were under contract after only one day on the market! Read the rest of this entry »
Miami Real Estate Blog 