Florida Real Estate and Community News by MMD Realty

El sur de la Florida experimenta un gran auge en el desarrollo de viviendas de nueva construcción en su cuarto año consecutivo.nueva construccion en Florida

Todo indica que se revalidó la solidez del sur de la Florida luego de la depresión económica experimentada en los años 2005-2010, y que existe un gran crecimiento en las áreas del norte de Miami Dade, Broward y Palm Beach.  

Hoy en día hemos experimentado un gran movimiento de compradores internacionales desplazándose a estas regiones, en especial de latinoamericanos del sur y centro America. El desplazamiento en las regiones ha sido muy positivo para los desarrollos de viviendas nuevas, se adjudica en parte a que son los precios suelen ser más accesibles por pie cuadrado; en contraste con regiones del norte de Miami Dade.

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Out of the 49 hottest single-family housing markets, Fort Lauderdale ranks fourth nationwide according to Auction.com.

Residential sales in the city have seen a 7.8 percent gain year-over-year, second highest in the nation behind Denver.  

Home prices and housing demand are not the only reasons that Fort Lauderdale is closing the gap on pre-Great Recession values. The population grew 1.3 percent in 2014, and an estimated 100,000 jobs that had been lost during the downturn have been recovered. 

Palm Beach County ranked 11th in the report.

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Paramount Miami Worldcenter has brought in a Feng Shui consultant to design the project. The Estates at Aqualina has named its two towers with lucky numbers in Chinese culture. And Shanjie Li is opening a Cantonese restaurant in the Brickell area to cater to discerning tastebuds.

As signs that the spending power of Latin American investors is weakening, China is emerging as a promising market for South Florida investment, real estate experts say.

Developers and brokers are translating brochures into Chinese, traveling to Beijing and Shanghai to woo Chinese buyers, and taking note of increased interest in their listings from Chinese investors.

Li, head of American Da Tang Group, in particular, has focused his efforts on a campaign to lure wealthy

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Miami placed fourth in a ranking of the top 10 healthiest cities in the U.S., says a recent release by Livability.

The local obesity rate is 12 percent below the national average partly thanks to the city's plentiful natural exercise options like canoeing the Oleta River, biking along the 30 mile South Date Trail, or hiking in Everglades National Park.

Many other factors such as the abundant options for eating organic food, high air quality, and the high doctor-to-resident ratio also played part in its ranking.

Minneapolis, Minnesota took the number one spot thanks to its abundant park system. Rounding out the bottom of the list was Yonkers, New York, due to its highly walkable neighborhoods and use of solar panels.

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Miami to New York is the busiest route for private jet traffic in the country, according to the 2015 Knight-Frank wealth report.

The study, which cites data from NetJets and other sources, lists the route as the second busiest in the world in 2013. Only Moscow to Nice was higher, although that route has likely seen a drop in traffic this year due to the Russian economic crisis.

New York to West Palm Beach was also ranked as one of the top ten routes in the study. The route between Maiquetía airport in Caracas, Venezuela, and Miami, was listed as the second fastest growing.

Studies have also shown that there are more passengers on commercial flights between the Miami and New York metropolitan areas than any other route in the country.

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Miami has moved up in the closely watched Knight-Frank survey of cities that are most important to ultra-high-net-worth individuals.

In the survey, Miami ranks sixth in the world, up from seventh place in 2014. In the western hemisphere, only New York ranks higher.

The report notes the 'huge waves' of investment flowing into Miami from Latin America. In addition to condo developments investors from Latin America are now diversifying into commercial investments in the city. 

New sources of investment, such as technology and film, are also being forecast for Miami. Private investors from Hong Kong are likely to follow developer Swire into Miami. Miami is also now "firmly on the radar" of wealthy investors from mainland China, according to sources.

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Real estate taxes in Florida are expected to hit the $2.3 billion mark in 2015, an increase of over $200 million.

Documentary tax receipts, which peaked at around $4 billion in 2006 and plunged to below $1.5 billion in 2009, could continue their increase over the last few years to $2.3 billion.

Environmentalists are watching this increase closely thanks to the Florida Water & Land Legacy Amendment 1. Recently approved, this amendment allows the state to use one third of the tax collections for land and water protection and conservation.

Legislative committees are scheduled to meet in the coming weeks to discuss how the money should be spent.

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I'm so excited to market this gorgeous waterfront home off of famed Las Olas Boulevard. With 90' of deep water frontage, this expertly finished home at 2300 Barcelona Drive, Fort Lauderdale, is truly remarkable! The new owners will benefit from the sellers' level of detail and perfection from the steel frame and poured concrete construction that will withstand winds up to 150mph, to all arched solid wood doors, imported 18th century tiles, custom wrought iron work, Crestron/Lutron systems, whole house generator and impact windows and doors. I love when the homes I market are gorgeous and sell themselves!

2300 Barcelona Drive Back

For more information about 2300 Barcelona Drive, please feel free to email me Michelle@MMDRealty.com.
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After more than 50 years, President Obama announced plans Wednesday to restore diplomatic relations with Cuba and broaden business ties after the swap of several jailed spies and the release of an American contractor held in a Havana prison.

South Florida could see substantial economic benefits if the U.S. and Cuba continue to make strides in stabilizing their relationship including many key industries such as banking, travel, shipping, trade, and real estate.

The head of Miami-based construction firm Coastal Construction Group, Tom Murphy, told the Miami Herald the new policy was “a first step,” and he’d like to see the embargo lifted next. Murphy said that could provide new business opportunities for those in Miami’s real estate industry. “I

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