China Enters Florida Real Estate Market South Florida is the Nation’s Epicenter in Real Estate to Foreign Buyers

Miami Heat Forward Sends Pompano Beach Estate to Auction

Posted in Florida Economy, Luxury Real Estate, Miami | No Comments

While Miami Heat forward Mike Miller may be preparing for the NBA Playoffs on the court, he is preparing his Pompano Beach estate for auction off the basketball court.

His 9,000 square foot, waterfront estate in Pompano Beach will be sold to the highest bidder on June 30th.  This is the second time the estate has gone to auction.  In 2011, it sold for $5.4 million.

The home features six bedrooms, eight baths and two half baths.  Miller is currently ranked No. 15 on the Business Journal’s list of highest paid athletes.

Full Story: South Florida Business Journal


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South Florida's Luxury Real Estate Is Again in High Demand

South Florida’s Luxury Real Estate Is Again in High Demand

Posted in Florida Economy, Luxury Real Estate | No Comments
The Mansions at Acqualina, Luxury Oceanfront Condos in Sunny Isles Beach

The Mansions at Acqualina (right) is One of Many New Ultra High-End Condos Being Built in the Booming South Florida Luxury Real Estate Market

In South Florida, the luxury real estate market is booming. While Wall Street turmoil kept many potential buyers on the sidelines for years, they’ve reentered the market with  renewed confidence.

Ultra-exclusive properties are in strong demand.

Most buyers are out-of-towners looking for a second, third or fourth home.  Nearly all pay cash — regardless of the price.

In Miami-Dade, the hot spots are well known: South Beach, Gables Estates, Star Island and Key Biscayne. Affluent New York deal-seekers are confidently purchasing these luxury waterfront properties.

Full Story:  The Miami Herald

If interested in more information and future updates, please call or visit our website: www.SeasidePropertiesGroup.com

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China Enters Florida Real Estate Market

China Enters Florida Real Estate Market

Posted in Florida Economy, Slide article | No Comments

With the increase of foreign buyers showing interest in the South Florida region, it is no surprise that new powerhouse China has entered the South Florida residential market looking for prime real estate to purchase.

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South Florida is the Nation's Epicenter in Real Estate to Foreign Buyers

South Florida is the Nation’s Epicenter in Real Estate to Foreign Buyers

Posted in Florida Economy, Slide article | No Comments

It’s no secret that South Florida’s substantial presence in the current real estate market is attracting attention. Due to foreign buyers and interest, developers are starting ambitious new luxury condo projects in the area.

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Florida Home & Condo Sales Higher in October

Florida Home & Condo Sales Higher in October

Posted in Florida Economy | No Comments

October was a good month for sales of homes and condominiums, according to recent data from Florida Realtors. Home sales increased by 13 percent in October, on a year-over-year basis. According to Florida Realtors Chief Economist Dr. John Tuccillo, the statistics point to a rising real estate market in Florida.

“The monthly median prices have ticked down slightly for the past few months, but the overall trend continues to show gains year-over-year.”

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