Miami Real Estate news

Miami’s hotel market is seeing a new boom, according to Forbes, most recently highlighted by Donald Trump’s acquisition last week of the Doral Golf Resort. Read more ...

Florida’s housing market is a misery, as I wrote about in a recent post. But as a commenter rightly pointed out, that this isn’t the whole story. When you look at housing from a city level, some Florida metros, like South Beach and downtown Miami, have recovered nicely. Read more ...

Miami Beach city officials want developers to “dream big” with plans to redevelop the Miami Beach Convention Center and its surroundings.
About 200 people showed up at the convention center Monday to hear what Miami Beach officials expect from those who will compete to become the city’s development partner at the 52-acre site. Read more ...

Sporting an olive blazer and a hard hat that’s too big for his head, Martin Melo proudly looks up at his almost-finished condo tower. Brandishing a roll of blueprints, the 33-year-old Argentine developer declares, “This is Miami. We are 10 minutes from the airport, 10 minutes from South Beach. We found—some would say we ‘stole’—good land.” Melo says he acquired the 28,000-square-foot waterfront parcel in late 2010 for $1.4 million. A bit more than a year later his family-owned company, Grupo Melo, is about to complete the 18-story building, marketed as 23 Biscayne Bay. It’s sold out. “Now,” says a breathless Melo, “is the time for people who know how to win!” Read more ...

POWERBOAT tours of Star Island here offer a pretty good bang for the buck, especially if you love hearing about celebrities and their homes on the renowned enclave for the jet set, or if you want to feel like Sonny Crockett for a day, bouncing over the waves, reliving some “Miami Vice” moment. Read more ...

MIAMI (CBSMiami) – While nationally the Case-Shiller Home Price Index showed home values hit new index lows to end 2011; the data wasn’t as bad for two of the hardest hit areas in the nation, Miami and Phoenix. Read more ...

WICHITA, Kan. – March 1, 2012 – Warren Buffett, the billionaire investor and Berkshire Hathaway CEO, said on CNBC’s “Squawk Box” recently that he’d “buy up a couple hundred thousand” single-family homes if it was practical. Read more ...

NEW YORK – Feb. 29, 2012 – During the boom years of homebuying, property manager Charlie Biter used to offer new apartment tenants one or two months’ free rent as a lease enticement. Now, as rental demand continues to surge, no such offers are necessary. Read more ...

GAINESVILLE, Fla. – Feb. 28, 2012 – Consumer confidence among Floridians dropped one point in February to 76 from January, according to a University of Florida survey. The modest decline followed two months of rising levels of confidence in the economy. Read more ...

The City of Miami Beach wants to get serious about transforming its famed convention center and surroundings to keep up with the competition for large conventions and tradeshows — a key part of the Beach’s economy. Read more ...