A new proposed state law could potentially lead to increased demolitions in coastal cities, which is seen as a troubling development. The law would limit the local government’s control over building regulations, and it would allow private developers to demolish buildings. Critics argue that this could lead to excessive development and demolitions, particularly in environmentally sensitive areas. Coastal cities, which are already facing challenges due to rising sea levels, are likely to be the most affected by the proposed law. Miami Beach would not be protected and all the Art Deco buildings may be impacted.Read the rest of this entry »
Author Archives: miamicondoideasblog
How developers have to be creative to lure new tenants?
Luxury real estate developers offer amenities programming to entice tenants to pay high rents. This programming goes beyond the usual perks of a gym or a pool and includes activities like cooking classes, terrarium building, and happy hours. The idea is to provide tenants with a social life and personal taste, without them having to leave the building or deal with other problems that can occur in a city such as traffic or transportation.Read the rest of this entry »
Tom Brady and Gisele Bündchen’s South Florida real estate portfolio
Tom Brady and Gisele Bündchen are undoubtedly one of the most influential and successful celebrity couples in the world. In addition to their impressive careers, the couple has also built an impressive real estate portfolio that spans across several states, including South Florida.Read the rest of this entry »
Florida, The Best State to Retire in 2023
Choosing the right state for retirement can significantly impact the overall quality of life and on your income. In this article, the top states for retirement are ranked based on criteria such as taxes, cost of living, and climate.
The seven states with the most favorable tax policies for retirees, including no state income tax, no tax on retirement income, and discounts on other taxes, are Florida, Alaska, Georgia, Mississippi, Nevada, South Dakota, and Wyoming.Read the rest of this entry »
What future for the Miami Deauville Resort ?
On November 8th, Miami Beach’s residents rejected the measure that would have given the ability to transform the Deauville site into a larger project. Unfortunately this vote didn’t prevent the developer from tearing down the building. On November 11th, the last occupants left the building.Read the rest of this entry »
Miami No.1 for foreign businesses
Miami has stood out among leading cities such as New York, Boston and Houston. Indeed, our city is ranked as one of the best places in the US to do worldwide business.
The metrics used to define this ranking are based on social, economic and environmental tendencies. The Financial Times and Nikkei have considered the quality of life, the open-mindedness of the population, the level of the workforce, the business environment, the investment trends, the foreign business needs and the quality of after-care treatment.Read the rest of this entry »
The fastest growth in rental prices in the country
This year definitely is one to remember. Nationwide, Miami had the fastest growth in rent over the past 2 years, reaching its highest level ever in February 2022 with +55%. Our wonderful city is now the least affordable among the 50 biggest cities in the United States! The most surprising is that even though rent continues to skyrocket, newcomers still arrive every day.Read the rest of this entry »
How to know when to buy a property?
When it comes to buying a property, we all have various motives, but one we would all agree on would be: to avoid losing money by any means!
Eventually, you can reduce the risks of buying the wrong property, following the advice of your realtor, or real estate professionals in the designated area.Read the rest of this entry »