February 2024 South Florida State of The Real Estate Market
Skyrise Lab Blog
by Juan Iarussi
1M ago
Analyzing the latest South Florida Real Estate Dynamics for Single Family Homes and Condos How is the Miami Real Estate Market Performing as of February 2024? - Single Family Homes: The median sale price rose to $650,000, marking a significant 17% increase year-over-year (YoY). - Condos/Townhomes: The median sale price is now $420,000, showing a steady 8% climb YoY. As we review the real estate market for February 2024, South Florida's landscape reflects significant growth and investment opportunities. The median sale price for single-family homes in Miami-Dade County has surged by ..read more
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Villa Miami: A New Era of Luxury Living
Skyrise Lab Blog
by Lucas Gomez
2M ago
Major Food Group's Bold Entrance into Residential Real Estate The Collaboration: Pioneering Partnerships in Design and Development In a groundbreaking move, Major Food Group joins forces with leading real estate developers Terra and One Thousand Group. This partnership aims to blend culinary excellence with architectural innovation, setting a new standard for luxury living in Miami's Edgewater neighborhood. Villa Miami: Architectural Marvel Meets Culinary Excellence Designed to impress, Villa Miami will stand as a towering testament to luxury and exclusivity. With its copper-color exoskeletal ..read more
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MiamiCentral Brightline: The Heart of "New Downtown Miami" Revolutionizes Urban Living and Retail
Skyrise Lab Blog
by Lucas Gomez
2M ago
Transforming Downtown Miami: Brightline MiamiCentral's Retail Evolution Brightline MiamiCentral, the vibrant downtown transportation hub, is reshaping the urban landscape with its latest retail expansions. The addition of the AT&T Store at MiamiCentral, alongside the Brooklyn Dumpling Shop, signals a burgeoning demand for retail space within this transformative six-block, transit-oriented development. A New Destination for Beauty and Connectivity Face. Brow & Beauty Bar: A Sanctuary of Self-Care in Downtown Face. Brow & Beauty Bar is set to enhance the self-care landscape in Sout ..read more
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Villa One Tequila Gardens: A New Culinary Destination at Miami Worldcenter
Skyrise Lab Blog
by Lucas Gomez
2M ago
Introduction to Villa One Tequila Gardens Nick Jonas and renowned menswear designer John Varvatos are set to bring an exciting new dining experience to Miami with the opening of Villa One Tequila Gardens. Nestled within the vibrant Miami Worldcenter, this establishment promises to be more than just a restaurant—it's a destination. A Rooftop Oasis in Downtown Miami Perched atop the Jewel Box retail building at 150 Northeast Eighth Street, Villa One Tequila Gardens occupies a sprawling 12,294 square feet of rooftop space. This prime location offers breathtaking views, making it a must-visit spot ..read more
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Mercedes-Benz Places Unveils Its First North American Branded Residences in Miami
Skyrise Lab Blog
by Lucas Gomez
2M ago
A New Era of Luxury Urban Living Mercedes-Benz and JDS Development Group Partnership Mercedes-Benz, in collaboration with the US-based JDS Development Group, has announced its first branded real estate project in North America, Mercedes-Benz Places, located in the heart of Miami's Brickell neighborhood. This partnership marks a significant milestone, blending luxurious living with innovative mobility concepts in a mixed-use development that promises to redefine urban living. The Vision Behind Mercedes-Benz Places A Groundbreaking Mixed-Use Development Mercedes-Benz Places is not just any resi ..read more
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Breaking Ground on The Standard Residences, Midtown Miami
Skyrise Lab Blog
by Lucas Gomez
2M ago
Introduction Hospitality and real estate pioneers Standard International, Rosso Development, and Midtown Development have commenced the construction of The Standard Residences, Midtown Miami. This project promises an unparalleled pied-à-terre-style living experience. Celebrating the Milestone Standard International’s Amar Lalvani and Rosso Development’s Carlos Rosso marked the groundbreaking alongside esteemed guests, including Miami District 2 Commissioner Sabina Covo and Jay Phillip Parker, CEO of Douglas Elliman, Florida. Vision and Excitement Expressing enthusiasm for the project, Amar Lal ..read more
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Villa Miami Reisdences - Edgewater
Skyrise Lab Blog
by Lucas Gomez
2M ago
Discover Unparalleled Luxury Living at Villa Miami in Edgewater In the vibrant heart of Miami's Edgewater neighborhood, a new era of luxury living is emerging. Villa Miami, a testament to modern sophistication and elegance, is setting new standards for residential design and amenities in one of the world's most dynamic cities. This blog post explores the unique features that make Villa Miami not just a residence but a lifestyle choice for those seeking the epitome of luxury urban living. A Masterpiece of Contemporary Design Villa Miami’s architectural marvel begins with its striking façade ..read more
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Could Florida Lead the Nation by Eliminating Property Taxes?
Skyrise Lab Blog
by Juan Iarussi
3M ago
In an ambitious move that could redefine the financial landscape for homeowners and consumers alike, Florida is considering a groundbreaking shift in its tax policy. Spearheaded by Republican Representative Ryan Chamberlin, the state contemplates abolishing property taxes, a move that would position Florida as the first state in the nation without either a state income or property tax. This proposal, encapsulated in House Bill 1371 (HB 1371), suggests replacing the traditional property tax with a new "consumption tax" levied on goods and services. Let's dive into what this could mean for Flori ..read more
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The Unstoppable Rise of South Florida's Real Estate: An In-depth Analysis
Skyrise Lab Blog
by Juan Iarussi
8M ago
The Unstoppable Rise of South Florida's Real Estate: An In-depth Analysis South Florida's real estate landscape has been nothing short of dynamic in the past few years. With increasing home prices, despite rising interest rates, and a notable influx of Fortune 500 companies, this region has become a hotspot for investors and luxury home buyers alike. Let's dissect the factors that have made this possible. Stable and Increasing Home Prices While some might expect that rising interest rates, especially a considerable jump to the current 8.151%, would dampen home prices, South Florida has defi ..read more
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Four Seasons Hotel and Residences in Fort Lauderdale: The Pinnacle of Luxury Living
Skyrise Lab Blog
by Juan Iarussi
9M ago
Introduction to the Four Seasons Hotel and Residences in Fort Lauderdale Nestled in Fort Lauderdale's Central Beach, the Four Seasons Hotel and Residences stands as an epitome of sophistication. This oasis of luxury promises not only a lavish stay but an elevated lifestyle. The 22-story oceanfront tower is a beacon of luxury. This property promises an unmatched experience for its guests and residents alike. But what makes it so unique? Prime Location: Central Beach's Jewel Location is paramount when it comes to luxury, and this Four Seasons property boasts a prestigious spot right at Central ..read more
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