40 Year Celebration + 40% Off Sale at Milam’s Markets this Saturday
Miami Springs » Real Estate
by Nestor Suarez
2w ago
Milam’s Markets is celebrating 40 years with a special – One Day Only – Anniversary Sale this Saturday, April 13th!  This is a once in 40 year event with 40% off homemade deli salads…40% off Certified Angus Beef Porterhouse Steaks…and much much more! Here’s a sneak peek on some of the one day sale items: We want to congratulate the Milam’s Markets family for their hard work and dedication and commitment to our beautiful Miami Springs Community.  Milam’s is not only one of the biggest employers in Miami Springs, but they’re also one of the biggest contributors to local causes.  ..read more
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Employee Sponsored Hotel on Canal Street?
Miami Springs » Real Estate
by Nestor Suarez
3w ago
The City of Miami Springs is considering allowing an employer sponsored hotel along Canal Street.  Okay.  The City says it’s not a hotel.  It’s being called “Employee Sponsored Housing Accommodations” for an aviation company. Here’s why we call it an employee sponsored hotel.  Employees will use the housing as temporary place to sleep / live while traveling to and out of Miami.  Employees will come and go and rotate based on their work schedule. Call me crazy, but this sounds like an employee sponsored hotel within the Gateway Overlay District. The Employee Sponsored ..read more
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Video: National Changes to Real Estate and How it Impacts You
Miami Springs » Real Estate
by Nestor Suarez
1M ago
We recently sat down with Charlie Leonard and Sean Pascale with The Leonard Real Estate Group in Miami Springs to discuss the recent settlement with the National Realtors Association and how those changes will impact the real estate industry. You may have recently read some of the wild speculation about the upcoming changes.  The reality might be complicated, but ultimately its about getting professional help you can trust when buying or selling your home.  Watch the full video below: Of course, you can always get one on one professional help by visiting LeonardRealEstateGroup.com o ..read more
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Gateway Overlay District Expansion?
Miami Springs » Real Estate
by Nestor Suarez
1M ago
The City of Miami Springs held a workshop on Wednesday with the City’s Planning Firm, Calvin Giordano and Associates regarding recommendations for the Gateway Overlay District.  The stated goal of the update was to provide clarity of purpose, clarity of language, improve organization, update terminology, improve developer incentives, strengthen the city’s position in the development approval process. Sounds like a snooze fest, right. So let’s get to the highlights. One thought presented to the City Council by the firm was to expand the Gateway Overlay District beyond the current 2.5 block ..read more
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Office Depot Property Sells for $9.2 Million
Miami Springs » Real Estate
by Nestor Suarez
2M ago
The Office Depot Property located on the east side of Miami Springs at 3600 NW Le Jeune Road recently changed hands for a reported $9.2 Million. Mar. 4, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a triple-net-leased Office Depot in Miami Springs, Florida for $9.2 million.  “The combination of a purposefully crafted sales strategy that provided a competitive cap rate and the ability for a new owner to have flexibility for value creation ..read more
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Shocking: Parking Study Reveals Parking Shortfall
Miami Springs » Real Estate
by Nestor Suarez
2M ago
The $70,000 parking study has come back to tell us what we already knew:  Miami Springs is facing a parking shortfall. Let’s take a look at the report produced by THA Consulting, Inc.: Parking Study Area: Parking Supply: The total public parking supply within our study area consists of approximately 449 parking spaces. Of those, 324 spaces are located on-street while the other 125 parking spaces are located in one of the 5 off-street parking lots.  Please note, a large majority of the on-street parking spaces are unstriped spaces meaning there is no paint on the roadw ..read more
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Miami Springs Real Estate Market Report
Miami Springs » Real Estate
by MiamiSprings.com Staff
2M ago
Mortgage interest rates are hovering around 7%. There are still serious qualified Buyers looking for the right property. Timing is everything! Multiple offers are more common again. The number of days properties are staying on the market is averaging 33 days. Photo Courtesy of The Leonard Real Estate Group There are no properties listed under $500,000. The low inventory at entry-level, higher interest rates, and homeowner insurance costs make it difficult for many first-time Buyers. There is: One (1) listing priced between $500,000-$600,000. Seven (7) listings priced between $600,000-$700,00 ..read more
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Metal Facade Added to Downtown Development
Miami Springs » Real Estate
by Nestor Suarez
3M ago
You may have recently noticed the new metal facade being added to the downtown development. As we had stated back in October 2023, the plans that were approved by the Miami Springs City Council called for the installation of Alucobond or equivalent metal facade.   However, we had received a notice from a representative for the developer that they had received waivers from the City of Miami Springs. The developer claimed that “the city waived such requirements and, or, accepted the substitution of an equivalent exchange” for the Missing Alucobond, Pavers, and Decorative Lighting. N ..read more
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Miami Springs Annual Real Estate Report with The Leonard Real Estate Group
Miami Springs » Real Estate
by Nestor Suarez
3M ago
We recently met with the real estate experts Sean Pascale and Charlie Leonard from The Leonard Real Estate Group for the annual Miami Springs Real Estate Report.  Let’s take a look at last year’s Miami Springs home sales: Homes over $1,000,000: Six (6) homes sold in excess of $1,000,000. The average million dollar home had 4 bedrooms and 3 baths Average living area was over 3,200 sq ft The average lot size was 22,403 sq ft Homes over $900,000: Five (5) homes sold between $900,000 and $1,000,000 in 2023. The average $900k+ home had 4 bedrooms and 3.6 baths Average living area was over ..read more
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Jimmy John’s Opens Drive Thru Service on Hook Square
Miami Springs » Real Estate
by Nestor Suarez
3M ago
Jimmy John’s, the national sub and sandwich shop, just opened a new location at Hook Square in Miami Springs. The Jimmy John’s also features a drive through.  Obviously, that adds a tremendous convenience factor during lunchtime or on your way home.  It’s also the only drive through restaurant in downtown Miami Springs. The Jimmy John’s is open daily from 10am to 9pm.  And yes, you can order for delivery. What do you think?  Are you excited to have a Jimmy John’s with drive through service?  Let us know what you think in the comments section below or via social medi ..read more
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