Author: Florida Real Estate News
Acclaimed Miami sushi restaurant Midorie is set to expand its culinary footprint, announcing plans to open its fourth location at The Arcadian in Fort Lauderdale’s historic Sistrunk District in June 2026. Known for its commitment to sourcing the freshest fish daily from Tokyo’s renowned Toyosu market, Midorie’s arrival marks a significant addition to Broward County’s dining scene. Key Takeaways Midorie, a popular sushi spot with existing locations in Miami and West Palm Beach, will open its newest outpost in Fort Lauderdale in June 2026. The new location will be situated within The Arcadian, a mixed-use development in the Sistrunk District.…
Broward County is witnessing a significant boom in residential development, marked by the groundbreaking of ultra-luxury high-rises and the progress of much-needed affordable housing initiatives. These projects aim to reshape the county’s skyline and address diverse housing needs, from high-end living to workforce accommodations. Key Takeaways A new wave of residential construction is underway across Broward County, featuring both luxury condominiums and affordable housing options. Projects include the tallest residential tower in Broward County, luxury residences designed by Pininfarina, and substantial multi-family apartment complexes. Significant financing and partnerships are fueling these developments, underscoring investor confidence in the region’s growth. Luxury…
A luxury penthouse in Sunny Isles Beach, Florida, has fetched just under $20 million, marking one of the region’s priciest residential transactions in early 2026. The sought-after oceanfront duplex towers over the coastline and was acquired by a buyer linked to a prominent business attorney, while the seller is a well-known real estate investor. Key Takeaways Oceanfront penthouse at 19575 Collins Avenue sold for nearly $20 million. Property spans 9,200 square feet with private amenities including a pool and terrace. The deal ranks among the highest per-square-foot prices in South Florida. The seller is an investor; the buyer is managed…
Miami Beach has taken nightlife to new heights with an ambitious event known as the "Disco in the Sky." Set in a glamorous high-rise, revelers attended a party that blends the city’s vibrant club culture with breathtaking panoramic views, offering guests an unforgettable dance experience high above the iconic sands of South Beach. Key Takeaways Miami Beach hosted a one-of-a-kind party called "Disco in the Sky." The unique event took place in an exclusive luxury high-rise. Attendees enjoyed both classic disco hits and stunning ocean vistas. The party is seen as a fusion of Miami’s famous club scene and modern…
A spectacular waterfront home located in Longboat Key, Florida, has just hit the market for an astounding $22 million. Designed by acclaimed architect Carl Abbott, this nearly 7,000-square-foot midcentury masterpiece sits on almost five acres, making it one of the largest privately owned parcels in the area. The property, which offers a unique blend of artistry and architecture, is a rare opportunity for collectors of distinctive real estate. Key Takeaways Nearly 7,000-square-foot home designed by Carl Abbott, prominent in the Sarasota School of Architecture Sits on a massive 4.58-acre waterfront lot in Longboat Key, Florida Listed for $22 million, including…
Mary Anne Windes, a distinguished real estate professional based in Destin, Florida, has been recognized for her exceptional service and expertise in the industry. This accolade highlights her commitment to going above and beyond for her clients, solidifying her status as a top-tier Realtor. Key Takeaways Mary Anne Windes has earned a distinction for excellence in real estate. She operates out of Destin, Florida. Her professional designation signifies a high level of achievement in the Realtor community. A Mark of Excellence Windes’s achievement signifies a "level of distinction that says, ‘this Realtor isn’t just good, she’s excellent,’" according to her…
A Florida property investor has filed a lawsuit accusing a real estate broker of misappropriating over $121 million. The investor alleges the broker used her managerial role in several companies to divert funds intended for investment distributions into her personal accounts. Key Takeaways A property investor claims a Florida real estate broker stole $121 million. The funds were allegedly diverted from investment distributions to the broker’s personal accounts. The lawsuit was filed in state court. Allegations of Embezzlement The lawsuit, filed in state court, details accusations that the real estate broker engaged in a significant scheme to defraud a property…
Two standout chapters from NAIOP, the Commercial Real Estate Development Association, have received national merit awards, recognizing their leadership, dynamic programming, and robust membership growth. The NYC Metro and SoCal chapters have both set new standards for excellence within the commercial real estate industry in 2024. Key Takeaways NAIOP NYC Metro and SoCal chapters each won Chapter of the Year honors. NYC Metro also clinched the award for Highest Number of New Members. Strong partnership with Connect CRE leadership has contributed to chapter success. Recognition of Excellence Each year, NAIOP Corporate spotlights its most accomplished chapters through the prestigious Chapter…
Ascendra JV, a partnership between Ascendra Capital and BAM Development, has successfully secured a $60 million construction loan to develop Seventeen Gables, a new condominium project in Miami. The financing, provided by Dwight Mortgage Trust, will enable the construction of a 117-unit building located at 1715 Douglas Road, approximately five miles west of downtown Miami. Key Takeaways A $60 million construction loan has been secured for the Seventeen Gables condominium project in Miami. The development will feature 117 one-, two-, and three-bedroom units across eight stories. Dwight Mortgage Trust provided the financing, with Filler Capital arranging the deal. The project…
Miami has once again solidified its position as the premier destination for foreign real estate investment in the United States. The city is attracting a significant influx of international capital, particularly from Latin America, driving substantial transaction volumes and making it a standout market compared to national and state averages. Key Takeaways Miami leads the U.S. in foreign real estate investment, with 15% of residential sales to international buyers. Latin America, especially Colombia and Argentina, is the primary source of this foreign capital. Investors are drawn by capital security, the U.S. dollar’s stability, and Miami’s strategic location. The multifamily sector…