Real Estate
Police: Woman defrauds man of over $1.6M with promises of Miami-Dade real estate investment
A detective accused a 55-year-old woman of defrauding a 60-year-old man of more than $1.6 million in Miami-Dade County.
Iguana invasion at Cape Coral abandoned building is like ‘scene from Jurassic Park’
Karin Colley, who lives in Cape Coral, said that when she walks outside with her dogs sometimes iguanas just scurry by “like a scene from Jurassic Park, where all the dinosaurs are running.”
POV: Buying a home four decades ago
Here’s what the real estate market looked like in South Florida 40 years ago!
Hearing reset for real estate tycoon brothers charged with rape in Miami-Dade
Luxury real estate moguls Oren and Alon Alexander, 37-year-old twin brothers with ties to Miami-Dade County and Israel, remain in custody as their Miami-Dade court hearing, originally scheduled for Monday, has been postponed to Thursday, their attorney Joel Denaro confirmed to Local 10 News.
‘Inhumane’: Fort Lauderdale condominium residents forced to evacuate
Although a structural engineer found a building in Broward County was not on the verge of collapse, officials decided there was enough deterioration to evacuate about a dozen units on Thursday.
‘Hot Dog Heaven’ in Fort Lauderdale on market for $1.525 million
"Hot Dog Heaven" has been serving South Florida since 1979 and now the business is for sale.
Did you apply for Miami-Dade’s ‘Dream Homes’ lottery? Here is what you need to know
Miami-Dade County officials announced a public program offering “a pathway to homeownership” in the Leisure City neighborhood will have a drawing on Friday afternoon that will be visible in person in Downtown Miami and virtually on Zoom.
Real estate market’s new payment structure starts Saturday
Real estate agents and brokers will have new rules starting Saturday as part of the $418 million settlement with the National Association of Realtors.
‘It’s not a matter of if; it’s a matter of when’: Lawmaker calls for property insurance reform before big hurricane hits
Florida lawmakers passed 185 new state laws — only one was related to the property insurance crisis — and it does nothing to lower premiums. It affects some 75,000 property owners.
Miami rents lower slightly; Fort Lauderdale rents increase
The rent for a one-bedroom apartment decreased by 2.1% this June in Miami amid a large supply influx, according to the latest report from the rental platform Zumper.
Real estate company buys waterfront institution Shuckers in mega deal
A legendary South Florida dockside restaurant is going to be staying open despite massive development plans.
Home health worker accused of stealing real estate from vulnerable victims
A 48-year-old woman was at the Turner Guilford Knight Correctional Center on Wednesday accused of stealing real estate from a victim she met while working as a home health care worker.
South Floridians need to earn $151k a year to buy a home, according to study
If you're looking to buy a home in Miami, you need to make six-figures, according to a study.
Hialeah bans the use of recreational vehicles for housing
Hialeah officials banned the use of recreational vehicles for housing in residential areas and promised to enforce the measure with both tenants and landlords.
Vacant office space is highest in decades, rent trend experts report
The rate of office space not leased is the highest in decades, according to Moody’s Analytics data on office space in major U.S. cities — including Miami and Fort Lauderdale.
Real estate transaction involving historic cemetery in Broward is full of ‘injustice,’ residents say
Esther Rolle, an actress who was best known for her role as Florida Evans on “Maude” and its spin-off series Good Times, was buried at a historic cemetery in Broward County.
Police: Man steals from Miami condo residents while serving as association president
A former condo association president stands accused of stealing from the residents of the Blue On The Bay, a gleaming curved 34-story tower overlooking Biscayne Bay, in Miami’s Edgewater neighborhood.
Woman accused of defrauding Miami-Dade real estate clients while unlicensed, police say
A foreign couple signed up with a company that promised to help them have their baby in Miami and a company rep recommended a woman who pretended to be a licensed real estate agent to defraud them in Doral, according to the Doral Police Department.
Affordable housing: HUD awards Miami-Dade $40 million to redevelop apartments in Goulds
President Joe Biden’s administration will be awarding $40 million to a redevelopment project in Miami-Dade County’s Goulds community, officials announced on Tuesday.
Without insurance coverage, church asks low-income seniors to evacuate Miami facility
More than 50 residents of The Holy Comforter Senior Housing Facility in Miami’s East Little Havana neighborhood have to evacuate by October 30.
Rick Ross reportedly under contract for $37M Miami Beach house
William “Rick Ross” Roberts II is under a $37 million contract to buy a 6-bedroom, 9-bathroom house at Miami Beach’s Star Island that he plans to renovate, TMZ reported on Thursday morning.
Florida homeowners pay more on average for property insurance than any state, expert says
Jon Zepnick said he has been living at his home in Hollywood since 2011, and although he has never filed a claim, the cost of property insurance has continued to increase.
Identical twin brothers selling next-door estates together for $54 million
Two identical twin brothers in Southwest Ranches are making real estate history a family affair.
Joe Jonas and Sophie Turner buy $11 million waterfront mansion in Miami
Goodbye, Los Angeles — two more Hollywood faces have left the City of Angels for Miami and it’s none other than married couple musician Joe Jonas and actress Sophie Turner. Joe Jonas and Sophie Turner purchased their new, 10,416-square-foot Bay Point mansion in Miami for $11 million.
Judge approves sale of Surfside property where condo collapse killed 98
Miami-Dade County Circuit Judge Michael Hanzman approved on Thursday a sale agreement of the property in Surfside where a 12-story building collapsed on June 24 killing 98 people.
Company associated with Dubai billionaire bids to buy Surfside building collapse site, records show
Records filed with Miami-Dade County court on Friday identified the buyer of the building collapse site in Surfside in a proposed $120 million deal as a company that is associated with a luxury developer from the United Arab Emirates.
Study finds Florida homes are overpriced by over 20%
According to researchers, as of June 30, homes throughout Florida were selling for 21.76 percent above their long-term pricing trend, an increase from 19.24 percent in May and 17.17 percent in April.
Surfside collapse could have impact on South Florida real estate
“Everyone now is going to want to know if their building is safe,” legendary Miami Beach real estate broker Jill Hertzberg says.
3 reasons why an in-home consultation is vital before starting a remodeling project
The summer months figure to still be hot for remodeling projects, but before starting one, it’s imperative to have an in-home consultation with an expert.
Florida homeowners face soaring property insurance rates
Florida is the most expensive state for home insurance. And although property insurance carriers are trying to find ways to limit litigation, claims, and fraud, the rising cost is hurting homeowners.
Lionel Messi buys entire floor of luxury South Florida condo for $7.3 million
According to a report from The Real Deal, 33-year-old forward and captain for FC Barcelona and Argentina’s national team, Lionel Messi, has purchased the entire ninth floor of a luxury apartment in Sunny Isles Beach.
Platform 3750 mixed-use project in Coconut Grove relies on public-private partnership
Miami Commissioner Ken Russell said a $90 million affordable housing project in Miami’s West Grove neighborhood is making history.
San Francisco residents and tech companies are moving to Florida at an unprecedented rate
San Francisco has lost more residents during the pandemic than any major city in the country — and hundreds of them have moved to Florida.
More single women own homes in Miami and Tampa than in most cities across the US
Single women own nearly 1.6 million more homes than single men do in America’s 50 largest metros, with Tampa ranking No. 1 and Miami ranking No. 5.
The tallest residential building south of New York City is coming to Miami
The Waldorf Astoria Residences Miami will rise 100 stories and 1,049 feet above Biscayne Bay as the tallest residential building south of New York City. This means the tower will feature unobstructed views of Miami, Biscayne Bay, and beyond.
Florida ranch goes on sale for the first time in over 100 years for $140 million
For over 100 years, Green Island Ranch in Central Florida has been owned by the Partin family. Now, the land is being sold for $140 million.
At $59 million, one of Miami’s priciest new penthouses sports Sunny Isles Beach zip code
The Estates at Acqualina are offering a two-story, 17,000 square foot penthouse, ready for the owner’s personal touches, with available furnishings from upscale brands like Baccarat and Fendi.
Study shows Miami is the fifth least affordable large city to buy a home
According to their findings, Miami is the fifth least affordable large city to buy a home. Their research shows that the price-to-income multiple in Miami, is 8.7, while the average price-to-income ratio was 4.8 nationwide.
Eviction moratorium hurts Miami property owner dealing with squatters flashing fake lease
Patricia Guerrero said she is working full time to pay the mortgage of a home that she is supposed to be renting. Instead, she said there are squatters with a fraudulent lease, and the coronavirus pandemic’s eviction moratorium is protecting them.
South Florida real estate market shifts from focusing on condos to single family homes
A surge in South Floridians re-evaluating the urban lifestyle in the months after COVID-19 has changed the local real estate landscape.
Evictions more likely to affect tenants in Miramar, Pompano Beach, research shows
Evictions in South Florida are more likely to affect impoverished Black and brown tenants. These are more likely to happen in Miramar, Pompano Beach, Hollywood, Miami Gardens and Fort Lauderdale.
‘Golden Girls’ house for sale, but it isn’t in Miami
"The Golden Girls" house is up for sale for a cool $3 million.
Mortgage rates could lower even more after Fed cut-rate
The Federal Reserve’s emergency interest-rate cut on Tuesday will likely prompt mortgage rates decreases, economists said on Tuesday.