NAVIGATION

December 11, 2017
An oversupply of posh in Miami

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Miami-Dade Roundup

An oversupply of posh in Miami

Overbuilding in Miami’s luxury home market has created a buyer’s market. Some $1-million-plus residences now are selling for 20% to 35% less than their original asking price.

Downtown Brickell is particularly saturated, with more than three years of condo supply.

ALSO IN THIS ARTICLE: Century Homebuilders Group; distributor Cosentino; The Sacred Space; Paradise Farms; ESJ Capital Partners; Jungle Island animal park; Augerge Residences & Spa Miami; NewME; LointerHomes; Michael A. Finney; Sheldon T. Anderson; Cristina Jimenez;  Fabiana Estrada.

 

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Tags: Miami-Dade, Real Estate

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Florida Trend Video Pick

Sting performs with the Florida Orchestra for 50th anniversary gala
Sting performs with the Florida Orchestra for 50th anniversary gala

Sting performed with the Florida Orchestra for their 50th anniversary gala Saturday, Dec. 9, 2017 at the Mahaffey Theater in St. Petersburg. The Rock & Roll Hall of Fame rocker belted some of his biggest hits while conductor Michael Francis led the orchestra.

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