Local News

Real estate news in South Florida

Sales begin at North Tower of St. Regis Residences, Sunny Isles 

The sales launch follows the recent sale of a $55 million penthouse in the South Tower, which is 80% sold out. 

Sales begin at Shorecrest condo tower in West Palm Beach 

Related Southeast has launched sales at its 140-unit Shorecrest condominium project in West Palm Beach.

John R. Wood Christie’s International named 2023 Affiliate of the Year

The Naples-based firm experienced noteworthy growth during its first full year as a Christie’s International affiliate.

Jared Ringel joins ONE Sotheby’s  

The former COMPASS agent is joining with Erin Omiatek to create The Modern Group at ONE Sotheby’s Boca Raton office. 

Work set to begin on 32-story Worldcenter condo tower  

600 Miami Worldcenter will offer 606 furnished units with no short-term-rental restrictions, all of which have already sold. 

Sales begin at Glass House Boca Raton 

The 10-story glass tower will offer 28 luxury residences priced from $2.5 million to $6.9 million. 

Calta Group completes lot assemblage for second Revv project 

The mixed-use community, Revv at the River District, is the sister project to Revv Hollywood, which is also under development. 

ABH Developer Group pays $7.5 million for shovel-ready condo project in Bay Harbor Islands  

The project, Aire Residences, has already sold seven of eight luxury units. 

Gordon Pointe compound in Naples listed for $295 million, a new record 

If it sells for close to the asking price, the sprawling family compound would be the most expensive residential sale in U.S. history.

Inter Miami owner sells Pinecrest estate for $13.9 million 

The property was bought by the village of Pinecrest, which plans to convert it into a community facility. 

NRP Group breaks ground on The Riley in Fort Myers 

The project’s 275 units are in three four-story buildings at the intersection of Highway 41 and San Carlos Boulevard. 

Luxury home prices hit all-time high; record number cash sales recorded

Redfin points to surge in prices, new luxury listings and a boost in sales as affluent homebuyers and sellers show increased activity.

AREAA president supports pause in Florida law restricting Chinese citizens from buying property 

Critics say the law won’t have a tangible effect on security, will dissuade investment in Florida and could be discriminatory.  

South Florida Housing Scorecard: Home sales dip as inventory rises

Days on market declined in Miami-Dade, Broward and Palm Beach counties.

Turnberry breaks ground on ONE Park Tower in North Miami 

The 33-story condo tower will offer 299 units, over 50% of which have been sold. 

Florida ranks No. 1 for net migration 

In 2022, the most recent year for which Census data is available, 736,000 people moved to Florida, while 497,000 people left. 

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