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One Of The Last Development Sites in Downtown Fort Lauderdale's Federal Highway Corridor Is Asking $12.5 Million

One Of The Last Development Sites On Downtown Fort Lauderdale's Federal Highway Corridor Is Asking $12.5 Million

July 22, 2020

One of the last development sites on downtown Fort Lauderdale’s Federal Highway corridor has hit the market asking $12.5 million. Located at 150 N. Federal Hwy., the property is being marketed for sale by Native Realty, the Fort Lauderdale-based commercial brokerage led by founder and CEO Jaime Sturgis.

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In Commercial, Broward, Development Sites, Fort Lauderdale, Invest, Investment News, Listed Tags 150 N. Federal Hwy., Development Sites, Commercial, Listed, Native Realty, Jaime Sturgis, Fort Lauderdale, Downtown Fort Lauderdale, Dan Ross, 313 NE Sixth St., 313 NE 6th St., 600 NE Third Ave., 614 NE Third Ave., 618 NE Third Ave., Broward, Invest, Investment News
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6585 Allison Road

6585 Allison Road

Douglas Elliman Releases Q2 2020 South Florida Market Reports

July 16, 2020

Douglas Elliman has just released their Q2 2020 Market Reports for South Florida, which were prepared by Miller Samuel, a leading independent appraisal firm. The reports, which cover the areas such as Boca Raton, Delray Beach, Fort Lauderdale, Miami Beach, and the Miami Coastal Mainland, have revealed that the COVID-19 market shutdown during much of the second quarter caused sales to fall sharply in South Florida.

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In Boca Raton, Delray Beach, Fort Lauderdale, Jupiter, Luxury Real Estate, Market Insight, Market Report, News, Palm Beach, Residential, Sales Update, West Palm Beach, Wellington Tags 6585 Allison Road, Douglas Elliman, Douglas Elliman Market Report, Douglas Elliman Q2 2020 Market Reports for South Florida, Miller Samuel, Boca Raton, Delray Beach, Fort Lauderdale, Miami Beach, Miami Coastal Mainland, 6431 Allison Road, Barrier Islands, 1800 Sunset Harbour, 709 Idlewyld Drive, 434 Areca Palm Road, Highland Beach, 9200 Rockybrook Way, Wellington, 319 N Atlantic Drive, 319 North Atlantic Drive, Palm Beach, Jupiter, Palm Beach Gardens, Luxury Real Estate, Market Report, Market Outlook, Market Insight, News, Residential, Sales Update, Isabella Zimmermann
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OKO Group's Vladislav Doronin Buys Fort Lauderdale Assemblage for $63 Million

OKO Group's Vladislav Doronin Buys Fort Lauderdale Assemblage for $63 Million

June 12, 2020

A land trust controlled by OKO Group’s Vladislav Doronin, a billionaire real estate developer from Russia who is now has headquarters in New York and Miami, has acquired a 6.7 acre assemblage in Fort Lauderdale for $63 million.

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In Acquisitions, Traded, Commercial, Fort Lauderdale, Invest, Investment News, News, Sales Update, Finance & Banking Tags OKO Group, Vladislav Doronin, Fort Lauderdale, Invest, Investment News, Acquisitions, Traded, Michael Dell, MSD Partners, Dev Motwani, 629 SE 5th Ave., Sales Update, Vanessa Grout, 629 Residences, Aman Hotel & Residences Miami Beach, Aman Hotel South Beach, Aman Hotel, Aman, News, Commercial, Financing, Finance, Finance & Banking, Una, Una Residences, Missoni Baia, 830 Brickell
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Beaches in Miami-Dade County have been closed.

Beaches in Miami-Dade County have been closed.

Tracking COVID-19 By The Numbers: Breaking News In South Florida

March 27, 2020

(Last Updated 6:14 AM 3/27/2020):

BREAKING: 

  • City of Miami officials have announced a curfew for its residents that will begin Friday night. According to officials, all residents must be indoors from 10 p.m. until 5 a.m. (3/27/2020)

  • Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. (3/21/2020)

  • Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business 9 PM Thursday. (3/20/2020)

  • All U.S. Citizens traveling around the world should return home ASAP or be prepared to stay abroad for an indefinite period. (3/19/2020)

Continue to check back for updates to below as we continue to track COVID-19 across South Florida:  

Stats:

  • Number of Cases in Florida: 830+ (3/23/2020)

  • Fatalities in Florida: 13+ (3/23/2020)

  • Number of Global Cases: 351,000+ (3/23/2020)

  • Global Fatalities: 15,321+ (3/23/2020)

  • Number of U.S. Cases: 35,075+ (3/23/2020)

  • Fatalities in the U.S.: 458+ (3/23/2020)

Miami-Dade County:

  • Miami-Dade County # Cases: 2900+ (3/27/2020)

  • BREAKING: Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. (3/21/2020)

  • BREAKING: Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business (3/20/2020)

  • CONFIRMED CASES IN BRISTOL TOWER BRICKELL & SOHO BEACH HOUSE (3/19/2020)

  • Officials have ordered the closure of all restaurants, bars, movie theaters, concert houses, auditoriums, playhouses, clubs, gyms, arcades, bowling alleys, etc. which will go into effect 11 PM Tuesday. All grocery stores, pharmacies, take-out and delivery services will remain open at this time (3/17/2020)

    • All bars and nightclubs will be closed for 30 days.

    • Restaurants will only be able to operate at half capacity.

    • Exceptions granted if they have a capacity of 10 people or less.

    • Mayor Carlos Jimenez signed the emergency order, but remains in self-quarantine after being exposed to a Brazilian government official who tested positive following a visit to South Florida.

  • Miami-Dade Public Schools are now closed through at least April 15. (3/19/2020)

    • Miami-Dade Public Schools have closed this week and next. (3/16/2020)

  • Key Biscayne and North Miami Beach have implemented curfew between 10 PM and 5 AM (3/19/2020)

  • Officials have closed the beach from 5th to 15th Street, including Lummus Park.

  • All city parking garages are closed to non-residents.

  • In addition, all non-essential retail stores will be required to close at 10 p.m. daily. (3/16/2020)

    • Businesses excluded from this directive include: Pharmacies, grocery stores, convenience stores, private offices, banks, hotels, hospitals, medical service providers, medical supply stores, hardware stores, gasoline service stations and automotive supply and repair centers.

  • An entertainment district curfew will go into effect at 11 p.m.

  • All restaurants are asked to keep occupancy at 50% or less, and have under 250 people in each establishment at any given time.

  • Ultra Music Festival has been cancelled.

  • Miami Music Week has been cancelled.

  • ArtScape Concert has been cancelled.

  • The Miami Open Tennis Tournament has been cancelled. 

  • University of Miami & FIU have moved classes online until the end of the spring semester. (3/20/2020)

  • University of Miami Spring Commencement postponed until December. (3/20/2020)

  • The Hardrock Seminole Hotel & Casino has suspended entertainment operations. 

  • Calle Ocho Festival has been cancelled.

  • Mayor Francis Suarez has confirmed that he has COVID-19.

Broward County:

  • Broward County # Cases: 180+ (3/23/2020)

  • Broward County Public Schools are now closed through at least April 15. (3/19/2020)

  • Officials have closed the beach from Harbor Beach to Oakland Park Boulevard.

  • Restaurants and bars must close by 10 p.m.

  • Restaurants and bars are asked to operate at 50% capacity and have no more than 250 people at any time.

  • The Tortuga Music Festival, which was set to run from April 17-19, has been postponed.

  • The Wharf Fort Lauderdale is closed until further notice.

  • The listed measures will remain in effect until April 12.

Palm Beach County:

  • Palm Beach County # Cases: 59+ (3/23/2020)

  • Town of Palm Beach implements curfew until further notice from 9 P.M. - 6 A.M. (3/18/2020)

  • Palm Beach County Public Schools are now closed through at least April 15. (3/19/2020)

  • Beaches will be closed on Tuesday 3/17/2020

  • Nursing Homes and Assisted Living Facilities are closed to visitors.

  • Drive-through testing underway at FoundCare (2330 S. Congress Ave, West Palm Beach - call 561-967-0365 to see if you qualify and for appointments)

National:

  • BREAKING: The Federal Government has passed a $2.2 trillion stimulus package.

  • United States of America # Cases: 35,075+ (3/23/2020)

  • United States of America Fatalities: 458+ (3/23/2020)

  • Income tax filing deadline moved to July 15 (3/20/2020)

  • Foreclosures and HUD evictions have been halted for 60 days.

  • CDC recommends ban on gatherings of 10+ people. 

  • The Players Championship was cancelled & PGA Tour is suspended.

  • NBA, NHL, MLB and MLS have suspended their seasons. 

  • All ski resorts have closed.

In Affordable Housing, Brickell, Closed, Commercial, Community, Construction, Construction News, Downtown, Education, Fort Lauderdale, Hospitality, Hotels, Key Biscayne, Market Report, Miami Beach, Miami-Dade County, Multifamily, N Miami Beach/ Aventura, New Construction, News, North Miami, Palm Beach, Palm Beach County, PortMiami, Public Health, PSA, Restaurants, Retail, Senior Living, South Beach, Travel Tags COVID-19, COVID19, Coronavirus, Mayor Carlos Jimenez, Mayor Francis Suarez, Featured
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Four Seasons Fort Lauderdale Reveals The Most Expensive Condo in Fort Lauderdale, The Newly Listed $35 Million Penthouse

Four Seasons Fort Lauderdale Reveals The Most Expensive Condo in Fort Lauderdale, The Newly Listed $35 Million Penthouse

February 10, 2020

Four Seasons Private Residences Fort Lauderdale, the first five-star development in Fort Lauderdale, just listed a record-breaking $35 million penthouse. The asking price would more than triple the priciest condo sale ever recorded in the city. Branded "SkyHome," the $35 million five-bedroom, six-bathroom penthouse residence spans nearly 19,000 SF of interior and exterior space.

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In Fort Lauderdale, Luxury Real Estate, New Construction, News, Residential Tags Fort Partners, Four Seasons, Four Seasons Private Residences Fort Lauderdale, Fort Lauderdale, Fort Lauderdale Beach, Luxury Real Estate, Luxury Condo, News, New Construction, Fredrik Eklund, Frederik Eklund, The Eklund | Gomes Team, Tara Bernard, Residential
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PEOPLE TO WATCH: Meet Our Panelist Ryan Shear, Managing Partner of PMG

February 10, 2020

Join us on March 5th at X Miami for People to Watch: Leaders in South Florida Real Estate, where Ryan Shear will be discussing how PMG stays innovative with creative housing solutions, how declining ownership is affecting the multifamily market and how he plans to build projects that will withstand the tests of time.

The developer currently has more than 5,000 units in the pipeline, including their largest multi-family project to date with over 900 beds. In December, PMG announced their latest concept, Society, the natural evolution of X Social Communities, as a response to the insatiable demand for attainably-priced, downtown rental communities. The new brand will debut with downtown mega-projects Society Las Olas (formerly X Las Olas) in Fort Lauderdale, Society Biscayne (formerly 400 Biscayne Boulevard) and Society Wynwood in Miami. 

Society is aimed at a broader demographic, unlike X, which is geared towards millennial. Only about 30% of Society buildings will be dedicated to co-living options, as opposed to 35% - 40% in X buildings.

Society Las Olas in Fort Lauderdale.

Society Las Olas in Fort Lauderdale.

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Co-living has been an enticing model for residents, investors and developers alike, as urban cores continue to become saturated and the demand for housing skyrockets. Following the success of X Miami, the fastest building in Downtown Miami to lease up, PMG took lessons they learned from X Social Communities and augmented them. Society will focus more on community inclusivity and expanding their finish and furnish options, while also adding to the immersive and experiential aspects of the building.

As a managing partner of PMG, Shear is responsible for general company operations, vision and growth. For nearly 15 years, Shear has played an instrumental role in the company’s success in Miami and beyond. He currently manages a growing portfolio of over $4 billion in real estate assets across the country. Completed condo projects spearheaded by Shear include Echo Aventura, Echo Brickell and Muse Residences in Sunny Isles. In 2018, Shear announced PMG will be bringing The Waldorf Astoria Residences to Miami in 2020.

The group recently opened X Miami, a 464-unit multifamily social community pioneering the “Rent By Bedroom” model for Class A luxury apartments in the urban core, which became the fastest building to lease in Downtown Miami. PMG will continue to expand this multifamily model nationally under Shear's direction. A native of Miami’s Coconut Grove and alumnus of Emory University's Goizueta School of Business, Shear lives in Brickell with his dog Larry and enjoys pico de gallo with every meal.

Hear from Ryan on March 5th at People to Watch: Leaders in South Florida Real Estate. Get your tickets below.

Event Page: http://profilemiamire.com/profilemiami-presents-people-to-watch-leaders-in-south-florida-real-estate-x-miami

Society Biscayne in Downtown Miami.

Society Biscayne in Downtown Miami.

By Katya Demina

In Commercial, Downtown, Events, Executives, Luxury Real Estate, Multifamily, Panels, PROFILE Exclusive, Rentals, Residential, Fort Lauderdale, Wynwood Tags Ryan Shear, PMG, Echo Brickell, Muse Residences, Waldorf Astoria Hotel & Residences, X Miami, Featured, Society Las Olas, Society Biscayne, Society Wynwood
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Rannan Katz's RK Associates Proposes R.K. Center Megaproject in Fort Lauderdale

Rannan Katz's RK Associates Proposes R.K. Center Mega-Project in Fort Lauderdale

January 16, 2020

Rennan Katz’s RK Associates has proposed R.K. Center, a 5-tower mega-project in Fort Lauderdale. The proposal would replace a former Sears and is currently being reviewed by Fort Lauderdale’s Design Review Committee. R.K. Center would feature restaurants and street front retail along with 5 mixed-use towers featuring office space, retail, hotel and residential apartments.

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In Commercial, Fort Lauderdale, Hospitality, Hotels, Mixed Use, New Construction, News, Retail, Restaurants, Office Space Tags Mega Project, Rennan Katz, RK Associates, R.K. Center, Fort Lauderdale, Commercial, Retail, Office Space, Hotels, Hotel, Hospitality, News, New Construction, Fort Lauderdale Design Review Committee, Mixed Use, Featured
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Preview What's New At The Fort Lauderdale International Boat Show Which Is Celebrating Its 60th Anniversary

Preview What's New At The Fort Lauderdale International Boat Show Which Is Celebrating Its 60th Anniversary

October 29, 2019

The Fort Lauderdale International Boat Show (FLIBS), the largest in-water boat show in the world, with its ever expanding fleet of superyachts, sport fishing vessels, go-fast boats, submersibles, and everything in between, is set to take place Oct. 30 through Nov. 3.

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In Fort Lauderdale, News, Events Tags Fort Lauderdale, Fort Lauderdale International Boat Show, News, Events, Broward, Featured, FLIBS
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Lighthouse Point Estate Previously Owned By University of Miami & NFL Star Clinton Portis Hits Market

Lighthouse Point Estate Previously Owned By University of Miami & NFL Star Clinton Portis Hits Market

May 16, 2019

A home previously owned by the NFL star, Clinton Portis  in Lighthouse Point has hit the market for $3.995 million. The 6,000 SF, 5 bedroom, 5.5 bath estate where Portis use to reside has been completely renovated and reimagined boasting over 86’ on the direct intracoastal.

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In Celebrity Real Estate, Featured Listing, Fort Lauderdale, Luxury Homes, Luxury Real Estate, Residential Tags Celebrity Real Estate, Featured Listing, Luxury Homes, Clinton Portis, Douglas Elliman, Luxury Real Estate, Devin Kay, Fort Lauderdale, Lighthouse Point, Residential, 3448 NE 31st Avenue, Featured, Featured Listings
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Check Out This Frank Lloyd Wright Inspired Waterfront Home In Fort Lauderdale Asking $5 Million

Check Out This Frank Lloyd Wright Inspired Waterfront Home In Fort Lauderdale Asking $5 Million

May 4, 2019

A luxurious waterfront property inspired by the iconic Frank Lloyd Wright has hit the market in Fort Lauderdale for $5 million. The home features a 1,500 SF master suite with an expansive waterfront balcony. Additionally the The 5 bedroom, 5.5 bathroom home offers an indoor gym, office, a dining room and living room with ocean views, chef’s kitchen and wine room with tasting table.

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In Fort Lauderdale, Featured Listing, Luxury Homes, Luxury Real Estate, Residential Tags 2417 Aqua Vista Blvd, Fort Lauderdale, Douglas Elliman, Stefano Fontana, Luxury Real Estate, Featured Listings, Residential
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