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Dolphins’ Jay Cutler wants a beachy vibe, will likely rent a condo on the ocean: sources

Wednesday Aug 9th, 2017

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Jay Cutler, who just signed a one-year, $10 million contract with the Miami Dolphins, wants a beachy vibe during his stay in South Florida. The quarterback will likely rent a condo on the beach in Fort Lauderdale, Hollywood or Hallandale Beach, according to a broker familiar with his search. Cutler is looking for a three-bedroom furnished unit with ample space for his wife, actress and designer Kristin Cavallari, and their three children to visit on the weekends, according to the source,... [read more]

Two Orlando-area rental properties sell for $32 million

Tuesday May 30th, 2017

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Tampa-based apartment investment firm Avesta paid $32 million for two Orlando-area rental apartment properties with a total of 354 units. Avesta merged the operations of the two properties in the Altamonte Springs suburb of Orlando, Altamonte Villas and Palms at Altamonte, and rebranded them as East Pointe at Altamonte. The Tampa firm also has started a $5 million renovation of the merged rental property, located near Uptown Altamonte and an outdoor event venue called Cranes Roost... [read more]

Thousands of rentals hitting the market in 2017

Wednesday Apr 5th, 2017

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Expect to see plenty of grand openings at apartment communities across South Florida this year. Thousands of units under construction for the past two years are scheduled to hit the market in the coming months, giving weary renters more choices, though landlords are still likely to be calling the shots on price, analysts say. Developers this year are due to complete 15,551 units in Palm Beach, Broward and Miami-Dade counties — a 48 percent jump from 2016 and a 62 percent hike from... [read more]

Miami still the most expensive city to rent an apartment in South Florida: report

Tuesday Apr 18th, 2017

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Miami is still the most expensive South Florida city to rent a one-bedroom apartment, according to a new report from Zumper. In March, a one-bedroom cost the average renter $1,800 a month in the city of Miami, followed by Miami Beach at $1,700 and Boca Raton at $1,630. Miami has consistently ranked as the ninth-most expensive city for renters, according to the online apartment search platform. Just last week, Florida East Coast Realty topped off Panorama Tower, an 821-unit mixed-use... [read more]

Four Seasons at The Surf Club condo sells for $9.3M

Wednesday Apr 19th, 2017

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A Florida company paid $9.3 million for a condo at the newly completed Four Seasons Residences at The Surf Club in Surfside, property records show. Nikki Investment Corp., a company that lists an Aventura address, bought unit 521 in the north tower of the Four Seasons, which is the first of the project’s two residential towers to receive its temporary certificate of occupancy. The Aventura address is tied to Francesca and Glenn Halpryn. Francesca Halpryn, an agent with One... [read more]

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