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The changing face of Miami Beach’s Di Lido Island

212 West Dilido (Credit: Robin Hill), one of the homes under construction on the island, and 212 West Dilido (Credit: Robin Hill) Take a drive through Miami Beach’s Venetian Islands and you’ll notice a quiet transformation taking place, compared to… Continue Reading →

Report: 76% of new development condos sold

Renderings of Mansions at Acqualina, Faena House, Brickell Flatiron and Grove at Grand Bay More than three-quarters of new condo construction in Miami, the Beaches and Fort Lauderdale has been sold, according to a new ISG Miami Report update. The… Continue Reading →

Art Deco apartments on Collins sell for $10M

1351 Collins Avenue in Miami Beach Three Miami Beach investors have added a low-rise apartment building to their portfolio, county records show. Gemms Inc. sold the two-story, Art Deco-era building at 1351 Collins Avenue for $9.9 million. Mike Ryan Collins LLC, an… Continue Reading →

Miami’s housing market is stuttering: Elliman report

A bird’s-eye view of North Beach, taken from the Akoya Condominiums in 2008 (Credit: Marc Averette) Miami’s residential real estate sector is still sending mixed signals, though one seems clear: don’t expect many broken sales records in 2016. The city… Continue Reading →

Texas de Brazil founder sells Continuum townhouse

Continuum townhouse 1 The founder and CEO of Texas de Brazil has sliced off a piece of his Miami holdings with the $5 million sale of a unit at the Continuum South Beach.  Miami-Dade County records show that Salah Izzedin… Continue Reading →

Miami Beach enacts developer-specific ethics ordinance

Mayor Philip Levine and an aerial view of North Beach Miami Beach commissioners unanimously enacted a new ordinance on Wednesday that prevents commissioners, political candidates and their supporters from soliciting contributions from vendors doing business with the city or lobbyists… Continue Reading →

North Bay Road waterfront home hits market: $9.95M

6050 North Bay Road, Miami Beach A waterfront, mid-century home at 6050 North Bay Road in Miami Beach has just hit the market for $9.95 million. Nelson Gonzalez, senior vice president of EWM Realty International has the listing. The 3,915-square-foot… Continue Reading →

Anna Kournikova’s former Portofino pad sells for $11M

Sergei Fedorov, Portofino and Anna Kournikova A penthouse at Portofino Tower where Russian tennis star Anna Kournikova once lived has just traded hands for $11 million. A Russian buyer scored the 5,680-square-foot, four-level unit with 1,825 square feet of terraces,… Continue Reading →

Terra Group boosts loan to $91M for Eighty Seven Park

Eighty Seven Park David Martin’s Terra Group has closed on a $91.18 million construction financing for Eighty Seven Park, a luxury condo project in North Beach. Miami-Dade County records show United Overseas Bank Limited, a multinational bank headquartered in Singapore, is the… Continue Reading →

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