Southwest Florida Real Estate News and Market Insight
Market data, mortgage rate movement, housing policy, and property news from across the country and here at home in Collier and Lee counties. Anything that affects what a home in Naples, Bonita Springs, or Estero is worth, and what it costs to own one, is worth understanding before it shows up in your closing statement or your tax bill.
Winners and losers emerge in South Florida’s condo boom

If you want to know if the South Florida housing market is doing okay, a Magic 8 Ball might give you as clear an answer as a panel of local industry experts. “Without a doubt,” you’ll see one minute. “As I see it, yes.” “Reply hazy, try again,” comes next. Then: “Don’t count on it.” […]This articl
Read MoreMichael Stern’s JDS wins final OK on upzoning for South Beach high-rise

Developer Michael Stern’s JDS Development Group notched a major win with the upzoning of a property in South Beach, where he plans a bayfront luxury condo tower next to the Monad Terrace project he built. Miami Beach commissioners on Friday granted final approval to zoning amendments and a developm
Read MoreTerra and Frisbie pay $21M for Palm Beach Kennel Club site, plan 400 apartments

Terra and Frisbie Group paid $20.9 million for a Palm Beach Kennel Club site planned for a 400-unit apartment complex, marking the first phase of their redevelopment of the former dog track. Coconut Grove-based Terra, led by David Martin, and Palm Beach-based Frisbie bought a 16-acre site at the ke
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Miami Beach commissioners granted final approvals to the Meruelo family and David Martin for the Deauville Beach Resort property, concluding a long and controversial effort to redevelop the oceanfront site. The approvals came at the end of a five-hour special meeting held on Friday to address the D
Read More Garden Healthcare expands into South Florida with $24M retirement home purchase

Out-of-state retirement home operator Garden Healthcare took its first dip into South Florida, acquiring a Miami-Dade County facility for $24 million. Two affiliates of Columbus, Ohio-based Garden Healthcare, led by Barry Braunstein and Samuel Feuer, acquired the 66-acre Eastridge at Cutler Bay at 1
Read MorePrivate equity investor finds buyer for Surf Club Four Seasons condo asking $6K psf

A private equity investor found a buyer for his condo asking $19.8 million at the Four Seasons-branded development in Surfside, leading the Eklund-Gomes report. Buyers signed 14 contracts for luxury properties in Miami-Dade County between June 23 and June 29, according to the report, which tracks l
Read MoreLease roundup: BH, Electra’s Cutler Bay project lands university, Presidente Bar opens in Wynwood

NUC University Florida Technical College | Cutler Bay A private for-profit university will consolidate its Southland Mall facilities into a new campus at the planned redevelopment of the Cutler Bay mall. NUC University Florida Technical College, which is accredited, leased 30,000 square feet at El
Read MoreMovers & Shakers: Meyers names Alan Losada CEO

In the latest roundup of South Florida real estate hiring news, one firm announces its succession plans following the death of its founder. Aventura-based Meyers Group tapped its president and COO Alan Losada as its CEO, following the death of founder Stuart Irwin Meyers earlier this month, accordi
Read MoreThe Weekly Dirt: South Florida resi agents pounce on Mamdani’s primary win

We’ve seen the memes, the “Scarface” video and the tweets. Zohran Mamdani’s win of the Democratic primary mayoral race in New York last week prompted developers, brokers and politicians in Florida to… gloat. (For those interested, a scene from “Scarface” showing an electronic dollar bill counter s
Read MoreAuction date set for troubled Pembroke Pines condo complex in receivership

An embattled Pembroke Pines condo complex in receivership hit the market. Heron Pond, consisting of 19 two-story lakefront buildings with 304 units at 8400 Southwest First Street, was evacuated last August following monthslong concerns over its structural integrity and unsafe structure notices from
Read MorePrivate equity execs sell Palm Beach house for $18M, down from $29M asking price

Two private equity executives sold their Palm Beach home for $17.9 million, down from its $28.5 million listing price last year. J. Richard Knop and Leslee Belluchie sold the home at 110 Wells Road to a trust named for the address, with local attorney Guy Rabideau signing on behalf of the buyer. The
Read MoreMiami residents cry foul over expansion of transit-oriented zoning

Miami residents spoke against a citywide expansion of transit-oriented zoning incentives at Thursday’s commission meeting, with one member of the public calling it an example of “another money-motivated manipulation at Miami City Hall.” Commissioners voted on first reading to approve the ordinance,
Read MoreSwire sells majority stake in Brickell City Centre retail to Simon for $512M

Swire Properties cashed out of the retail and parking components of Brickell City Centre in a $512 million deal with Simon Property Group. Simon, an Indianapolis-based shopping center-focused real estate firm led by David Simon, bought Swire’s majority 75 percent stake in the 500,000-square-foot ope
Read MoreWhat we know so far about Jeff Bezos' $50 million star-studded luxury Venice wedding

The star-stunned event boasts a guestlist of some 200 celebrities and business elite, from Ivanka Trump to Usher.
Read MoreDeveloper proposes 108-unit multifamily redevelopment of north Miami-Dade retail center

A developer proposes a 108-unit multifamily project at a shopping plaza in north Miami-Dade County. Adell Investments, led by Jorge and Julio Quintana, proposes the five-story HUB Palm Springs North building on the 3.1-acre lot at 17601 and 17775 Northwest 78th Avenue and 7750 Northwest 178th Stree
Read More“In Miami’s favor”: Mamdani’s New York win a boon for South Florida, industry says

As fears grip New York’s real estate industry following Zohran Mamdani’s primary mayoral race win, the feeling is far more upbeat in South Florida. The industry here is gushing over the prospect of an influx of New York investors and high net worth individuals, prompting a second residential and com
Read MoreWhy Americans fell out of love with the hotel minibar

For many prevalent midscale hotel chains, minibars are becoming a relic.
Read MorePajamas at breakfast and bare feet in the lobby: How hotels are tackling bad etiquette

Some hotels are addressing etiquette breaches by providing subtle cues, while others are taking a more heavy-handed approach.
Read MoreMore Southeast Asians are flocking to China's Chongqing city. Social media hype is a big reason

"In 2025 alone, we've captured a nearly 12-fold surge in demand for Chongqing, compared to demand for other cities," says Sarah Wan of Klook.
Read MoreFHFA Director Bill Pulte says arrested Freddie Mac would-be bomber still contacting him

In a social post on X on Thursday, FHFA Director Bill Pulte said a fired Freddie Mac employee who was arrested in March for threatening to blow up the Freddie Mac building in McLean, Virginia has continued to contact him. It’s Pulte’s first public statement on the incident since the woman’s arrest.P
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