South Florida Real Estate Blog - MMD Realty

Fort Lauderdale is becoming sought after by movie producers to film movies because of our laid-back lifestyle, ease of access and beautiful streets and beaches.

While I was driving back to the office today from a meeting in North Laurdale, I was surprised to see policemen on the neighborhood streets. As I slowly approached the officer at the stop sign, I asked what was going on. He explained that the A&E show, The Glades, was filming.

Very exciting. If you would like more information on properties in Fort Lauderdale and Victoria Park, Please call 954-835-5500

Amazing photo shoot undwerway at 2494 S. Ocean Blvd Towhome M-N.

Too bad the weather isn't participating today. But, I've brought in the big-guns. Mike Butler is an amazing architectural photographer and he is hard at work with his assistant, David, setting up the kitchen shot. This kitchen is absolutely amazing. A true gourmet kitchen with sub-zero refrig./freezer and drawers, two stoves, two dishwashers, two sinks...It is truly amazing.

I imagine this shoot will be going on until 8 PM. It's been 2 hours and the first shot is still underway. Can't wait to see the photos of this 11,000 square foot double unit in The Aragon. This property is amazing, with private pool, summer kitchen and almost 3,000 square feet of private patio, with beach

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There has been a stir of activity surrounding re-development properties. I have one such property listed on Hendricks Isle, Fort Lauderdale. This property is a total of 5 lots, one vacant and the other four are currently earning income. This purchase would not be for the investor who wants a strong CAP rate, but rather entitled land that is ready to develop. The asking price on this assemblage is $4.5MM.

Within the past 2 months, we have received seven Letters of Intent and two contracts and will be in an executed deal by tomorrow, very close to asking price. We sent out over 100 packages on the property to developers and developer's representatives.

Compare this activity to a year ago, when we got no calls, tours or interest for months at a time.

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The 2nd Annual Young At Art Museum Gala will be taking place April 26, 2013. Preparing for the Gala Catherine Minnis, Michelle Ross, and Karen Hurst snap a photo during the Gala Committee photo shoot that will be coming out in the Sun Sentinel's Society Scene pages. The event is themed around their newest edition to the Museum, STOMP, where children have the opportunity to express dance and create their own music.

Along the Fort Lauderdale beaches lay numerous thriving hotels. The Trump hotel though never had the opportunity to even open their doors.  After failing  to open with numeroues investor lawsuits and a foreclosure, the property is now being offered as a bulk sale. At 298 units only 53 were sold before the project came to a halt.  This is an opporunity for a developer and investment firms to come in and open a pratically turn key hotel. The real estate market is changing, and as it climbs the bulk sale of the Trump hotel could create a huge boost to the rental and tourism market in Fort Lauderdale.

As I usually do, I began and ended the sales meeting yesterday with motivational clips. I used one clip of Pat Riley, which highlighted his career achievements and his tenacious style of coaching and winning. The other was a montage of different movie clips edited together to get the team pumped up.

While I was standing up presenting the information to the group, I took a moment and realized how lucky and blessed I am to work with such a sharp, bright and motivated group of sales agents. All willing to learn and work hard. We see the momentum growing and we all know that sky is the limit.

If you would like more information about joining the MMD Realty team, please email Michelle@mmdrealty.com.

 

So much to do, so little time to do it!

As our northern neighbors descend upon South Florida to escape the cold winter weather, there are plenty of choices of events to attend this weekend.

We have the South Beach Wine and Food Festival where foodies will be able to sample flavors from around the world. Celebrity chefs and local chefs, alike, will be on-hand to highlight their specialties.

In Palm Beach County, Concours D'Elegance is taking place at The Boca Raton Resort and Country Club. Car enthusiasts get to view some of the rarest and most sought after vehicles in the world.

In Fort Lauderdale, Riverwalk Sunday Arts, takes place the fourth Sunday of every month from 11 AM - 2 PM. Local artists will feature their goods and talents along

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Today is the perfect example of why South Florida is the choice destination for our neighbors in the north. We have been enjoying light breezes, temperatures in the low 70's, no cloud coverage and very little humidity. One of my clients who resides in Toronto was explaining what he was wearing today; coat, scarf, boots, sitting in a salt-residue-covered car with heat blaring. I could hear the hint of jealousy as I was explaining my weekend plans of showing clients, then hitting the beach!

As realtors, we love this weather! Touring areas with our buyers in and out of the car is so enjoyable on days like these. The market is on an up-swing, the weather is great, what's not to love! Viva La Florida!!!!

For information about the different South Florida

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As 2013 approaches, the market is on the verge of a steady turnaround.  Home values are increasing giving home buyers an inclination that now is the time to buy whether it’s for investment or primary residence. Interest rates are low and are anticipated to stay low in 2013. Housing markets are improving giving developers the confidence for project development as we see housing starts across the country. Economic recovery is on the horizon and real estate will be playing a major role in it.

Happy New Year, Bring on 2013!

It's that time of year again! For Canadians, there is a chill in the air, some snow has fallen and the days are markedly shorter. Perfect time to start thinking about your second home or investment property in South Florida!

Right now is being called "The Perfect Storm" for Canadians to pick up real estate at low prices, while the CDN dollar is strong and the rental market is hot!

MMD Realty will be holding seminars in Downtown Toronto at the Sheraton Centre on November 13th and in Markham at the Hilton Garden Inn on November 14th.

• Tuesday, November 13th - Sheraton Centre, Downtown
  8:00 AM - 9:00 AM
  12:30 PM - 1:30 PM
  5:30 PM - 6:30 PM
• Wednesday, November 14th - Hilton Garden Inn, Markham
  10:00 AM - 11:00 AM
  12:30 PM - 1:30 PM
  6:45 PM - 7:45 PM

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