The Related Group is on the verge of launching sales for their newest tower in downtown Miami; Casa Bella. This residential tower will be built at 1400 Biscayne Blvd in the Miami Arts and Entertainment District and is on the same site where Auberge Residences was originally planned.
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In the past 12 months, homes sales for international buyers have dipped to 31% making it the lowest since 2011, with Florida having the most sales to foreign buyers. Although Miami has seen a surge in condo sales this past year, the majority were domestic buyers.
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Home sale records continue to be crushed month over month marking its best September sales in history and setting the bar for the most condos sold in a year’s time.
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The developers for Arte Surfside currently have two luxury units for sale for a combined price of $31 million or 560 bitcoin and offers can be made in either bitcoin or ethereum.
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After the devastating Champlain Tower South Condo collapse that occurred on June 24th and all search efforts ceased, demolition and clearing of the site began. As of August 30th, the site located at 8777 Collins Avenue was cleared and listed for sale at $95.6 million.
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Miami is on track to have its best year in sales for condos and single-family transactions ever. Within 8 months, total sales have already surpassed 2020’s numbers at 26,931 transactions.
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Over the past few weeks, we have seen a steady incline in overall condo sales including volume and number of sales. This is of no surprise with the increase of companies, execs, and people taking up residency in Miami-Dade County.
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Miami-Dave real estate has set a new record for most home sales in a quarter. This new record is of no surprise due to the multiple records that have been set in Miami this year alone.
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Condo sales for June rose more than $60 million with an average sell price of $770,000, up from $541,000.
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