Author: Florida Real Estate News

The early months of 2026 are witnessing a significant surge in Florida’s luxury real estate market, particularly in exclusive enclaves like Manalapan and Sarasota. High-net-worth individuals are actively investing in opulent properties, with several estates commanding prices in the tens of millions, signaling a robust demand for high-end coastal living. Key Takeaways Manalapan continues to be a prime destination for ultra-high-net-worth individuals, with significant transactions and high-value listings. Sarasota is emerging as a notable luxury market, attracting buyers seeking premium coastal properties. New construction and significant price adjustments are shaping the high-end market landscape. Manalapan’s Million-Dollar Listings Manalapan, a sought-after…

ECBYO.COM, a leading vacation rental marketplace, has officially expanded its services to Marco Island, Florida. The platform now offers travelers direct booking access to a variety of vacation homes and condos on the popular "Paradise Coast" without charging any guest service fees. This move aims to provide a more affordable and transparent booking experience for visitors. Key Takeaways ECBYO.COM now offers direct booking for vacation rentals on Marco Island, Florida. The platform emphasizes a "fee-free" model for guests, differentiating itself from traditional Online Travel Agencies (OTAs). A newly redesigned website enhances user experience with faster searches and a streamlined booking…

The home of Bobby Suarez, the well-known real estate mogul behind "Sell to Bobby," was targeted in a brazen overnight burglary. While Suarez and his family slept, intruders gained access to their Northwest Miami-Dade residence, stealing valuables and a luxury vehicle. The incident has left the family feeling violated and unsafe. Key Takeaways Two masked individuals broke into Bobby Suarez’s home while he and his family were asleep. The burglars were inside the house for approximately 28 minutes. A Porsche and keys to another family vehicle were stolen, along with other items. The intruders entered the children’s bedrooms, causing significant…

Oracle co-founder Larry Ellison is making a significant splash in Florida’s luxury real estate market, investing $450 million to transform the exclusive town of Manalapan into a haven for the ultra-wealthy. This strategic move positions the area, located just 20 minutes from President Trump’s Mar-a-Lago estate, as a prime destination for high-net-worth individuals. Key Takeaways Larry Ellison has invested $450 million in two landmark properties in Manalapan, Florida. The investment includes a record-breaking $173 million estate and the $277 million Eau Palm Beach Resort & Spa. Ellison’s move aims to attract the ultra-rich, leveraging the area’s proximity to Mar-a-Lago. This…

ONE Sotheby’s International Realty has been appointed as the exclusive sales and marketing broker for BI Group USA’s premier Parkside development in Brickell. This strategic partnership aims to leverage ONE Sotheby’s expertise to bring the vision of the Parkside project to life in one of Miami’s most sought-after neighborhoods. Key Takeaways ONE Sotheby’s International Realty will exclusively handle sales and marketing for BI Group’s Parkside development. Parkside offers 187 studio, one, and two-bedroom apartments across eight stories. Prices for available units start in the low $400,000s. The development features rental-friendly units with flexible short-term and long-term leasing options. Parkside Development…

Florida’s once red-hot housing market is showing signs of a significant cooling, with projections indicating a potential price correction in several key areas by 2026. While a full-blown crash is debated, experts point to a notable recalibration driven by a confluence of economic factors and market dynamics. Key Takeaways Five Florida housing markets are identified as having a high risk of price decline. Florida dominates the list of "coolest" housing markets experiencing the steepest home price declines. Rising insurance costs, higher interest rates, and a surge in inventory are contributing factors. Experts suggest a market "correction" rather than a catastrophic…

Kendall’s luxury real estate market is shifting from optimism to alignment, with buyers now prioritizing a precise match between price, product, and expectations. In 2025, the market saw 191 transactions exceeding $1.5 million, highlighting a need for developers to understand the nuanced factors driving buyer decisions. Key Takeaways Alignment is Key: Buyers are acting decisively only when value is clear and pricing is competitive. Scarcity Drives Value: New construction, especially when paired with large, private lots, commands premium pricing. Pricing Discipline Prevails: Even at the top of the market, buyers are discerning and will not overpay for aspirational pricing. Understanding…

Palm Beach County residents are experiencing a significant increase in property taxes, driven by a booming real estate market and rising property values. This trend is impacting various sectors, from private country clubs to high-profile properties, leading to higher annual tax bills for many. Key Takeaways Property values and tax bills have seen a substantial increase across Palm Beach County. Country club "buy-in" fees have doubled in the last five years. Prominent properties, including those linked to Donald Trump, are subject to higher tax assessments. The rise in taxes is attributed to market conditions, new construction, and increased demand. Surging…

West Palm Beach-based Sterling Organization has acquired the Bristol Plaza, a significant shopping center in Bristol, Connecticut. The acquisition, made on behalf of the company’s $600 million value-add fund, signals an intent to improve and capitalize on the property’s existing strengths and potential for growth. Key Takeaways Sterling Organization, a Florida private equity real estate investment company, has purchased the Bristol Plaza. The 263,000 square-foot center is anchored by Stop & Shop and includes national retailers like T.J. Maxx and Burlington. The company plans to enhance the plaza’s value through strategic leasing and operational improvements. Strategic Acquisition in Bristol The…

A recent inquiry highlights a critical question for homeowners associations: can an HOA be held liable when a resident is injured due to the board’s failure to enforce community rules? This situation can lead to significant confusion and frustration, raising concerns about accountability when safety is compromised. Key Takeaways HOAs are generally responsible for maintaining common areas and enforcing rules. Failure to enforce rules or maintain safety can lead to HOA negligence and potential liability. Board members usually have personal liability protection if acting in good faith. Personal liability for board members can arise from reckless, malicious, or unauthorized actions.…