The latest twist on designer parking garages: a Jetsonesque elevator that whisks residents to their condos while they are still in the driver’s seat. Pull over into the designated space. Turn off the engine. And enjoy the oceanfront view as you escalate in a glass elevator that takes you, while … [Read more...]

Florida’s existing home and existing condo sales continued to show gains in October, according to the latest housing data released by Florida Realtors®. Existing home sales increased 13 percent last month with a total of 13,755 homes sold statewide compared to 12,145 homes sold in October 2010, … [Read more...]

The Exquisite Contemporary former home of JLO is for sale for $42,500,000. This 1929 Mediterranean estate has been renovated to perfection and features 7 bed rooms 12,000 sf of living area on a 53,000 sf lot. Please see link for more details $42,500,000 5800 N BAY RD … [Read more...]

The aftershocks of the last housing boom are still lingering, but developers are once again rushing to buy up land and erect new condo towers in downtown Miami’s burgeoning metropolis. At least six new condo projects are slated to break ground in Miami in the coming years, with developers … [Read more...]

Sales of new U.S. homes rose in September after four straight monthly declines, largely because builders cut their prices. The Commerce Department says sales rose 5.7 percent last month to a seasonally adjusted annual rate of 313,000 homes. Still, that’s less than half the 700,000 economists say … [Read more...]

Florida lawmakers Rep. Erik Fresen and Sen. Ellyn Bogdanoff have filed legislation that would offer casino licenses to three resort projects in Florida. Those wanting to apply for a license would be required to pay a $50 million fee to be considered, with more weight given to projects that start … [Read more...]

Netscape founder Jim Clark has put his $27 million Miami Beach penthouse back on the market, according to the Wall Street Journal. The home, which was briefly on the market last year, spans 6,200-square feet across the 41st through 43rd floor of the Setai Hotel and has panoramic views of South Beach … [Read more...]

The Art Deco-style Traymore Hotel in South Beach is for sale, with Jones Lang LaSalle representing seller Steep Rock Capital, according to GlobeSt. "This is one of those quintessential deco buildings on South Beach, which in and of itself is relatively unique," said Gregory Rumpel, managing director … [Read more...]

With continued investment fueled largely by foreign buyers, demand for South Florida apartments is growing, meaning increasing residential rents, according to the Miami Herald. "I talk to a couple of investors all over South America and they tell me they buy these condos and it takes them about a … [Read more...]