There is renewed interest in Greater Downtown Miami’s ICON Brickell condominium project with a bulk buyer picking up a second set of 15 units within the space of 4 months. Miami Icon Hotel Room LLC picked up the first 15 units in September 2010 at $337 per square foot and the second set of 15…
South Florida is witnessing an increase in the resales of residential properties this year because buyers are finding the market conditions to be very attractive. The prices are extremely low when compared to the real estate boom of 2006. In addition, the government offers an $8,000 tax credit for first time home buyers that many…
Miami has always been at the center of the South Florida real estate boom, and more so in the case of condos. Realty analysts have noticed an enormous jump in condo sales for the last three quarters when compared to the same period of the previous year. This jump, an astounding 62% increase, comes as…
Miami Tower, probably the best known of Miami’s buildings because of its flashy exterior designed by I. M. Pei, was recently sold for a whopping $106 million in a sale that brought cheer to the market that has been depressed for long. What was really interesting about this sale was that the building, which you…
