Author: Florida Real Estate News
The South Florida housing market is showing signs of positive momentum, with a notable increase in available inventory. This development offers a more balanced landscape for both buyers and sellers, potentially easing some of the pressures seen in recent times. The December 2025 Housing Scorecard indicates a healthier supply, which could lead to more stable pricing and a broader range of options for prospective homeowners. Key Takeaways South Florida’s housing inventory has experienced positive growth. This increase suggests a potentially more balanced market. The trend offers more options for buyers and a potentially more stable environment. Market Dynamics The latest…
Los Angeles’s legendary Stahl House, also known as Case Study House #22, has been listed for sale at a staggering $25 million. This architectural masterpiece, perched in the Hollywood Hills, has captivated design enthusiasts for decades with its innovative design and breathtaking panoramic views. Key Takeaways The iconic Stahl House is on the market for $25 million. It is a significant example of Mid-Century Modern architecture. The home offers unparalleled city, mountain, and ocean vistas. It has remained in the original owner’s family since its construction. A Mid-Century Modern Marvel The Stahl House stands as a testament to visionary design,…
Latin American buyers are significantly shaping the South Florida real estate landscape, injecting substantial capital into the market. Investments from the region have reached nearly $400 million in a recent 12-month period, underscoring a growing trend driven by economic and political factors in their home countries. Key Takeaways Latin American buyers accounted for $367 million in South Florida real estate transactions between August 2023 and July 2024. This represents 29% of all foreign real estate investments in the United States. A significant majority (91%) of these buyers are acquiring properties for investment purposes, such as rentals. Cash purchases are prevalent,…
A significant step forward has been taken for a new residential development in Edgewater, Miami. Developers have successfully obtained the necessary utility approvals for a planned 36-story diagrid tower, signaling progress towards construction. This milestone clears a crucial hurdle, paving the way for the project to move closer to breaking ground. The tower, designed with a distinctive diagrid structure, is poised to become a notable addition to the Edgewater skyline, promising modern living spaces and contributing to the area’s ongoing transformation. Key Takeaways Utility approvals have been secured for the 36-story diagrid tower in Edgewater. This development marks a significant…
Real estate investor and developer Robert Rivani has acquired a prestigious Palm Island estate for $23 million, a significant reduction from its original $32.5 million asking price. The property, located at 16 Palm Ave., is slated for a multimillion-dollar renovation aimed at transforming it into a "South of France"-inspired luxury residence. Key Takeaways Robert Rivani purchased a Palm Island estate for $23 million, down from $32.5 million. The property will undergo a major renovation to achieve a "South of France" aesthetic. The estate boasts waterfront access, a guest house, and extensive amenities. A Prime Waterfront Property The Mediterranean Revival-style mansion,…
The recent election of Zohran Mamdani as New York City’s mayor has sent ripples through the real estate market, triggering a significant surge in interest and investment from New Yorkers heading south. Developers in Florida report a substantial increase in deals, with some firms closing over $100 million in contracts from New York buyers in recent months, a notable jump from previous years. Key Takeaways New York City’s mayoral election has directly influenced Florida’s real estate market, leading to a significant influx of capital. Developers are reporting a substantial increase in sales to New York-based buyers, with figures doubling in…
A new legislative proposal in Florida could significantly ease the financial burden on senior citizens, with a lawmaker introducing a bill that would grant seniors a full exemption from property taxes. This initiative, if passed, would represent a substantial shift in how the state supports its older residents, potentially impacting homeowners across Florida. Key Takeaways A Florida lawmaker has proposed a bill to exempt seniors from property taxes. The proposed legislation aims to provide significant financial relief to older residents. The bill’s passage could have a broad impact on Florida’s property tax landscape. Proposed Property Tax Exemption State Representative Linda…
Florida is set to eliminate its long-standing sales tax on commercial leases starting October 1, 2025. This significant legislative change, enacted through House Bill 7031, marks the state as the final one in the nation to remove this tax, aiming to boost economic growth, attract investment, and provide substantial financial relief to businesses and property owners across the state. Key Takeaways Effective October 1, 2025, Florida will repeal the 2% state sales tax and any applicable local sales taxes on commercial property rentals. This repeal makes Florida the last state in the U.S. to eliminate this specific tax on commercial…
Overview: Where Vision Meets Luxury Welcome to The Perigon Miami Beach, an unparalleled new construction project by Mast Capital and Starwood Capital, situated at 5333 Collins Ave., Miami Beach, FL 33140. Expected for delivery in 2026, The Perigon rises as a visionary oceanfront development featuring 73 exclusive luxury condominium residences. This striking 17-story project represents the ultimate in beachfront living, set apart by its timeless architecture by Rem Koolhaas/OMA, private resort-caliber amenities, and a world-class culinary partnership. The Perigon’s distinct curvature, expansive glass façade, and lush landscaping blend seamlessly into the shimmering shores of Miami Beach. Hallmarks of innovation and…
Florida Realtors has solidified a significant international alliance by signing a Memorandum of Understanding (MOU) with the Japan-America Real Estate Coalition Office (JARECO). This landmark agreement, inked in Tokyo, aims to foster collaboration, knowledge exchange, and investment between the real estate sectors of Florida and Japan. The partnership coincides with the imminent launch of direct passenger flights between Orlando and Tokyo, signaling a new era of connectivity and economic opportunity. Key Takeaways A new Memorandum of Understanding (MOU) has been established between Florida Realtors and the Japan-America Real Estate Coalition Office (JARECO). This partnership focuses on sharing market data, professional…