Author: Florida Real Estate News

Florida’s real estate sector is experiencing a dynamic period, marked by significant high-value residential transactions and a robust surge in commercial property investment. Population growth, favorable tax policies, and a strong economy are driving demand across the state, attracting both affluent individuals and businesses. Key Takeaways A Wrigley heir sold a Florida estate for $97.5 million, one of the largest residential deals in North Palm Beach. Hertz has divested a South Florida auto property for $21 million. Curbline Properties acquired Cypress Key Shoppes in Royal Palm Beach. Florida’s commercial real estate market is booming, with record retail occupancies in West…

Even in regions not known for harsh winters, the allure of a fireplace extends beyond mere warmth. This feature offers a unique blend of ambiance, practicality, and even a touch of eco-friendliness, making it a desirable addition to any home. From creating a cozy atmosphere for relaxation to providing essential heat during power outages, fireplaces offer multifaceted benefits. Key Takeaways Fireplaces provide ambiance and a focal point for relaxation and romance. They serve as a crucial backup heat source during power outages. Fireplaces can be utilized for cooking, especially in emergency situations. Wood-burning fireplaces offer an eco-friendly heating alternative. The…

Even in regions not known for harsh winters, the allure of a fireplace extends beyond mere warmth. This feature offers a unique blend of ambiance, practicality, and even a touch of eco-friendliness, making it a desirable addition to any home. From creating a cozy atmosphere for relaxation to providing essential heat during power outages, fireplaces offer multifaceted benefits. Key Takeaways Fireplaces provide ambiance and a focal point for relaxation and romance. They serve as a crucial backup heat source during power outages. Fireplaces can be utilized for cooking, especially in emergency situations. Wood-burning fireplaces offer an eco-friendly heating alternative. The…

A Tampa-based real estate investment firm, RAD Diversified REIT Inc., is currently under investigation by Florida Attorney General James Uthmeier’s Office for alleged deceptive practices and potential violations of state laws. The probe centers on the company’s owners, Brandon “Dutch” Mendenhall and Amy Vaughn, who have gained a following as social media influencers promoting real estate investments. Key Takeaways Florida Attorney General’s Office is investigating RAD Diversified REIT Inc. for potential deceptive practices. Owners Brandon “Dutch” Mendenhall and Amy Vaughn are subjects of the investigation. The firm is accused of operating a Ponzi scheme, with investors unable to retrieve their…

Florida Realtors has officially strengthened its international reach by signing a Memorandum of Understanding (MOU) with the Japan-America Real Estate Coalition Office (JARECO). This significant agreement aims to foster greater collaboration, facilitate information exchange, and unlock new international real estate business opportunities for professionals in both Florida and Japan. The pact was formalized in Tokyo by Florida Realtors President Tim Weisheyer and JARECO Chairman Masayuki Nakagawa during the Southeast U.S.-Japan Association joint meeting. This collaboration is set to enhance professional development, market data sharing, and global business outreach, underscoring a shared commitment to advancing ethical standards and innovation in the…

The Miami City Commission has greenlit the $29 million sale of a 3.2-acre parcel on Watson Island, a significant piece of undeveloped waterfront property. The decision, made in a 4-1 vote, allows developers to proceed with plans for luxury condominiums. An added safeguard ensures the city receives a portion of any future resale profits exceeding the initial sale price. Key Takeaways Miami City Commission approved the $29 million sale of 3.2 acres on Watson Island. The sale includes a $9 million public benefits contribution, totaling $38 million. A new safeguard requires developers to pay the city 10% of any resale…

Aminta Goynes, a distinguished real estate professional based in Tampa, Florida, has been highlighted for her commitment to excellence in the industry. Her dedication to providing exceptional service and maintaining a high level of expertise is a testament to her standing within the real estate community. Key Takeaways Aminta Goynes is a recognized real estate professional in Tampa, Florida. She emphasizes the importance of being "at the top of her game" for customer value. Goynes is affiliated with Realnet Florida Real Estate and the Suncoast Tampa Association. A Commitment to Customer Value Goynes shared a powerful sentiment regarding her professional…

The City of Roswell and The Atlantic Cos. have finalized a significant land swap, paving the way for the ambitious Hillrose Market mixed-use redevelopment project. This collaboration is set to transform a key area within Roswell, introducing a vibrant blend of residential, retail, and office spaces, with construction slated to commence next year. Key Takeaways A land swap between the City of Roswell and The Atlantic Cos. has been completed. The deal facilitates the development of the Hillrose Market mixed-use project. The project includes residential units, retail spaces, and office components. Construction is expected to begin in the upcoming year.…

Brown Harris Stevens Miami has announced a significant addition to its team with the integration of The Arca Group. This move comes as BHS Miami celebrates a remarkable year, marked by substantial agent growth and increased market presence. The Arca Group brings a wealth of experience and a strong track record in luxury real estate to the brokerage. Key Takeaways The Arca Group, comprising Jenny Gonzalez, Rocio Useche, Adriana Sanchez, and Diana Yocum, has joined Brown Harris Stevens Miami. The team collectively possesses 50 years of experience and has achieved $600 million in career sales. This integration occurs during a…

Florida Rental By Owners (FLARBO), a prominent platform for direct-booking vacation rentals, has officially expanded its services into the Alabama market. This strategic move allows travelers to access a wider array of beachfront properties, lakefront escapes, and cozy cabin retreats across Alabama, complementing its existing Florida offerings. Key Takeaways FLARBO expands its direct-booking vacation rental marketplace into Alabama. The platform now offers access to Alabama’s Gulf Coast, lake regions, and mountain areas. Alabama hosts gain a platform offering control over rates, policies, and payment processing. Travelers benefit from direct communication with owners and lower booking fees. Expanding Horizons for Travelers…