condo vultures

67% of preconstruction condos “sold” in South Florida

67% of preconstruction condos “sold” in South Florida

Question: Which preconstruction condo projects are seeing the quickest absorption rate in South Florida? Answer: South Florida is in the midst...

67% of preconstruction condos “sold” in South Florida
Condo conversions missing from current South Florida real estate cycle

Condo conversions missing from current South Florida real estate cycle

Question: What current rental projects are the likeliest candidates for future condo conversions in South Florida during this real...

Condo conversions missing from current South Florida real estate cycle
Some developers reduce preconstruction deposits as competition intensifies

Some developers reduce preconstruction deposits as competition intensifies

Question: What’s the latest info on the preconstruction deposit structure? Are more developers coming down from the 50 percent...

Some developers reduce preconstruction deposits as competition intensifies
Downtown Fort Lauderdale rental units 38% cheaper than Greater Downtown Miami

Downtown Fort Lauderdale rental units 38% cheaper than Greater Downtown Miami

Question: A bunch of new rental apartments are being developed in Downtown Fort Lauderdale and the surrounding area. I...

Downtown Fort Lauderdale rental units 38% cheaper than Greater Downtown Miami
Top 5 most expensive existing condo listings in South Florida

Top 5 most expensive existing condo listings in South Florida

The South Florida real estate market raised eyebrows this year when some condos in new developments came with $50...

Top 5 most expensive existing condo listings in South Florida
Out-of-town condo developers flock to South Florida

Out-of-town condo developers flock to South Florida

Question: Are we starting to see inexperienced developers coming into the market to try to ride the wave of...

Out-of-town condo developers flock to South Florida
Greater Downtown Miami condo market faces new risk

Greater Downtown Miami condo market faces new risk

Question: The planned Panorama Tower in the Brickell area just made news for getting an EB-5 designation from the...

Greater Downtown Miami condo market faces new risk
Property taxes drive efforts to upzone neighborhoods for new condo towers

Property taxes drive efforts to upzone neighborhoods for new condo towers

Question: Municipalities like Bay Harbor Islands and Boca Raton are considering raising building size limits for residential towers. Are...

Property taxes drive efforts to upzone neighborhoods for new condo towers
Cheap land no longer attainable in Edgewater – for now

Cheap land no longer attainable in Edgewater – for now

Question: Developable land in the Edgewater neighborhood of Greater Downtown Miami continues to be traded at significant profits for...

Cheap land no longer attainable in Edgewater – for now
Developers propose 24 new condo towers in last month

Developers propose 24 new condo towers in last month

South Florida’s current condo boom is ramping up in preparation for the approaching winter buying season, when visitors from...

Developers propose 24 new condo towers in last month
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