Florida RealEstateRama

In recognition of National Crime Prevention Awareness Month, Attorney General Pam Bondi is encouraging Floridians to take extra precautions to protect themselves, loved ones and property. Attorney General Bondi today issued safety tips and crime prevention resources.

The Florida Division of Insurance Fraud, which operates under the direction of Chief Financial Officer Jeff Atwater and the Department of Financial Services, today announced the arrest of Naples man Daniel T. Phelps, 56, for allegedly stealing two insurance claim payments totaling more than $96,000 from an elderly New Jersey business owner. George Capuzzi filed the initial insurance claim after damage was sustained to his business during Hurricane Sandy in 2012

The nights have cooled down so it’s time to head to the park to enjoy movies under the stars. Screen on the Green Presented by Verizon returns to Water Works Park beginning on Saturday, Oct. 3 for a series of family-friendly movies. The free movies range from the cult classic “Ghostbusters” to the new favorite “Hotel Transylvania.” The movies have been chosen to appeal to both children and adults.

Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division, U.S. Attorney Wifredo A. Ferrer of the Southern District of Florida and Special Agent in Charge Nadine Gurley of the U.S. Department of Housing and Urban Development’s (HUD OIG) Atlanta Region made the announcement

The owner of a Florida mortgage company was sentenced today to serve 135 months in prison for orchestrating a $64 million mortgage fraud scheme. Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division, U.S. Attorney Wifredo A. Ferrer of the Southern District of Florida and Special Agent in Charge Nadine Gurley of the U.S. Department of Housing and Urban Development Office of Inspector General (HUD-OIG) Atlanta Region made the announcement

Miami-Dade County residential sales rose nearly three percent year-over-year in August while median sales prices for single-family and condominium properties continued their upward trend, according to a new report by the 38,000-member MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system.

With the release of market statistics for August, economists noticed a surprising indicator year-over-year. First, there were the predictable trends: median sale price climbed 9.3 percent from $270,000 to $295,000; median days on market dropped 34.5 percent from 55 to 36 days; active listings decreased 7.9 percent from 7,187 to 6,622 listings; and months’ supply of inventory declined 21.6 percent from 5.6 to 4.4 months

Florida’s housing market continued its positive track in August with more closed sales, higher median prices and a tightening inventory, according to the latest housing data released by Florida Realtors®. Closed sales of existing single-family homes statewide totaled 23,605 last month, up 8.6 percent over August 2014.

The Lake County Solid Waste Division, in partnership with the Lake County Sheriff’s Office, is encouraging Lake County residents to dispose of unwanted household hazardous materials and medications in a safe and environmentally conscious way at an upcoming collection event.

Since joining Avison Young in December 2014, the Capital Markets team led by Michael T. Fay, Principal and Managing Director with Avison Young in Miami, has completed investment sales valued at more than $190 million and spanning more than 7 million square feet and 108 acres. Additionally, the team has $100 million worth of deals under contract and $150 million more in the pipeline

As you are driving along, have you ever stumbled upon a property for sale and wondered, “What is the asking price?” Now it is as easy as opening an app and having all the property details and photos at your fingertips

CBRE Investment Properties arranged the sale of the Mangonia Business Park, a small-bay industrial asset of five buildings in Mangonia, LLC, Florida. The 49,024 square-foot property at 4711 Australian Avenue was acquired by Mangonia, LLC, from GA 4711 Australian Avenue, LLC for $2.4 million.

When it comes to generating jobs and rebuilding the American economy, no single factor is more important than access to reliable, low-cost electricity. It is the fundamental building block of high-tech industry and the competitive advantage that many U.S. firms have used to hold steady against foreign competition

The Florida Division of State Fire Marshal (SFM), which operates under the direction of Chief Financial Officer Jeff Atwater and the Department of Financial Services, today announced the arrest of Delmar Dice, 50, for allegedly attempting to burn down his own home and causing nearly $200,000 in damage.

CBRE arranged the sale of a two-story, bank-anchored historic property boasting a coveted Alhambra Circle address in Coral Gables, Florida. Redavi, LLC acquired the 4,044-square-foot mixed-use building at 270 Alhambra Circle from Lotus-Sutra Corp. for $2.25 million. The property is 50% occupied by anchor tenant, Eastern National Bank. CBRE represented the seller in the transaction

Local law firms are helping to drive the current office leasing market according to Franklin Street, a full-service commercial real estate company based in Tampa. “With law firms getting busier, we are seeing more expansion activity in the market,” said Chris Butler, a managing director of Franklin Street’s Office and Industrial Services division.

Cushman & Wakefield announced today that it has brokered the sale of Deerwood Village Apartment Homes, a 328-unit, garden-style, luxury multifamily community in Ocala, Florida. Senior Director Jay Ballard and Director Ken Delvillar of Cushman & Wakefield’s Multifamily Advisory Group represented an affiliate of Brookfield Property Partners in the transaction. The buyer was Ocala FL Apartment Partners, LLC.

Hines, the international real estate firm, announced today that Ashton Woods and David Weekley Homes have broken ground on the first of seven new model homes at Asturia, its signature mixed-use, master-planned community in Tampa, FL. Both builders are well known for their eco-friendly and energy-efficient new homes. Both builders will construct multiple single-family product types within Asturia, which will offer homebuyers several price-point options within the community, in both conventional home styles and traditional neighborhood (TND) development.

The Lake County Solid Waste Division is encouraging Lake County residents to dispose of toxic materials in a safe and environmentally sensitive way at an upcoming Household Hazardous Waste Collection event. The county’s Household Hazardous Waste Mobile Unit will be available from 9 a.m. - noon on Thursday, Sept. 10 in the parking lot adjacent to the Umatilla Fire Department, located at 1 Cassidy St., Umatilla.

New development and incredible real estate has made Sunny Isles real estate the most sought after luxury real estate in Florida! The Michelle T. Sterling Luxury Real Estate team is a Miami pre-construction buyer’s agent that can help you find a pre-construction condominium to fit your needs as well as the price point, location and lifestyle that is right for you. They know the developments in each neighborhood and can match the neighborhood with your needs.