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Sales fall, prices jump in Palm Beach County condo market
After a year defined by rising unit sales, the Palm Beach County condo market is reversing course. Condo and townhouse sales in the county declined 9 percent to 2,996 closings during the third quarter...
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Today’s priciest listing: $2.8M
South Pointe Towers Today’s priciest new listing is a three-bedroom, three-bathroom condominium in Miami Beach with a price tag of $2.84 million. The 1,802-square-foot home is in South Pointe Towers,...
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Top stories
Top stories yesterday on The Real Deal: 1. Broward County’s largest listed home set for private auction 2. Coconut Grove waterfront project approved by Miami voters 3. Sunset Strip Plaza sells for $14M...
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New South Beach hotel to open in time for Art Basel
Collins Avenue on South Beach The company bringing hotel project Redbury South Beach to Collins Avenue is on track to open in time for one of the biggest annual events in Miami Beach. Redbury is...
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C1 Bank continues Miami-Dade acquisition spree
1220 Ponce De Leon Boulevard A pair of banks traded a Coral Gables property in a $1.6 million transaction. St. Petersburg-based C1 Bank purchased the future branch location at 1220 Ponce De Leon...
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$56M renovation gives Broward arts center new edge
Broward Center for the Performing Arts The Broward Center for the Performing Arts is being transformed through a $56 million renovation designed to help the theater complex compete with nearby...
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$100M Palm Beach Gardens stadium garners support
Mike Bauer and Roger Dean Stadium in Jupiter Palm Beach Gardens commissioners heard an impassioned pitch for a new $100 million spring training baseball complex from a representative for the Miami...
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Miami architects resist “starchitect” label — but buyers bite
Panelists Bjarke Ingels and David Martin (photo: Manny Hernandez) An architect who earns the dubious designation of “starchitect” will stand out from his or her peers, but the label can also place a...
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SoBe retail store sells for $12.5M
736 Collins Avenue in Miami Beach An institutional investor has acquired a three-story retail store in Miami Beach for $12.5 million. The buyer, an affiliate of Atlanta-based Jamestown, hopes to amass...
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Zillow shocks insiders with StreetEasy strategy
The Zillow and StreetEasy teams at NASDAQ ringing the opening bell on Aug. 19, the day their deal was announced From the New York site: On Sunday night, August 18, most of the 34 employees and...
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Today’s priciest listing: $14.5M
Today’s priciest new listing is a seven-bedroom, seven-bathroom condominium on Fisher Island with a price tag of $14.5 million. The 7,000-square-foot unit is in 7600 Oceanside at Fisher Island, at 7600...
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Top Stories
Top stories over the weekend on The Real Deal: 1.Miami architects resist “starchitect” label — but buyers bite 2.New bond could fuel South Florida housing market 3.New South Beach hotel to open in time...
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SoFla property values could plunge if sea level rises
An example of South Florida coastal flooding, a major issue in the region South Florida’s real estate market would suffer greatly if sea levels in the region rise as high as experts project. A mere...
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Ft. Lauderdale office tower owner faces foreclosure
Corporate Center office tower in downtown Fort Lauderdale The owner of a downtown Fort Lauderdale office tower has been hit with a foreclosure lawsuit. A foreclosure action was filed on Oct. 31 against...
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SoFla homebuyers demanding custom amenities, luxury design
Construction workers in Parkland As South Florida’s residential real estate market continues to surge, homebuyers are becoming more particular about what amenities and design features they desire....
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Zaha Hadid designs $1M sales center for Miami condo tower
Prominent architect Zaha Hadid When starchitect Zaha Hadid is hired to design a sales center for a condo tower, it’s a safe bet that the finished product will not resemble anything else in the market....
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Palm Beach advancing Town Hall Square rehab
Town Hall Square in Palm Beach is set for a major restoration. The town of Palm Beach is moving forward with a restoration of its Town Hall Square. Palm Beach council members are scheduled to vote...
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Florida ranks fourth in bank branch closures: report
BB&T Florida saw the fourth largest loss of bank branches in the U.S. over a 12-month period through September, the South Florida Business Journal reported, citing SNL Financial data. While 99...
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TRD hosts starchitecture roundtable in Miami: PHOTOS
Panelists at the TRD event (left to right): Bjarke Ingels, David Martin, Mayi de la Vega, Esther Percal and Chad Oppenheim (credit: Guest of a Guest) Several hundred South Florida real estate players,...
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Today’s priciest listing: $8.9M
5355 Hammock Drive in Coral Gables Today’s priciest new listing is a eight-bedroom, eight-bathroom single-family home asking $8.9 million. The 10,778-square-feet home is located at 5355 Hammock Drive...
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