Florida RealEstateRama

The Miami real estate market continued its historic summer by registering its second-highest single-family home sales month in history in July, according to a new report by the 38,000-member MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system. Miami-Dade County had 1,354 single-family home sales in July 2015, nearly eclipsing its record of 1,390 transactions established last month

Kristopher G. Wagner, P.A., Director, Commercial Sales with The Keyes Company-Commercial Real Estate Division, negotiated the sale of a retail center located at 26610 S. Dixie Highway in Homestead, Florida.

Northbound and southbound lanes of North 22nd Street will be closed between East Henry and East Hanna avenues beginning at 9 a.m. tomorrow while the Tampa Water Department repairs a water main break. Barricades and signs will be located in the area to assist with traffic flow. Please use caution when traveling in the area.

Two southbound travel lanes on Tampa Street between Laurel and Fortune streets are closed while the Tampa Water Department repairs a service line break. One southbound lane remains open for traffic. Barricades and signs will be located in the area to assist with traffic flow. Please use caution when traveling in the area.

CapasGroup Realty Advisors, an investment sales organization specializing in the marketing and disposition of investment properties, is pleased to announce the hiring of Elias “Eli” Polsky as Financial and Marketing Associate. The expansion of the team is a direct result of increased business volume, and comes on the heels of several transactions completed by the firm in the past six months, including several land sales in West Palm Beach’s Curry Park Corridor.

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

“Martin County Single Family Home sales continued to outpace last year’s sales figures. The number of Closed Sales were up 13.7%, Supply went down 31.2%, and the Average Sale Price rose 11.7%. The sustained high demand for homes and the diminished supply continued to push prices up to where the Median Sale Price now comfortably sits at $306,500. Buyers must be aware that we are firmly in a Seller’s market with 4.5 months’ supply of inventory. Realtors®’ services, now more than ever, are in demand to find folks homes on the Treasure Coast.

Florida’s housing market reported more closed sales, higher median prices, more pending sales and tightening inventory in July, according to the latest housing data released by Florida Realtors®. Closed sales of existing single-family homes statewide totaled 26,916 last month, up 21.8 percent over July 2014

Kristopher G. Wagner, P.A., Director, Commercial Sales with Keyes Commercial Real Estate Company, negotiated the sale of Kona Kai Resort, Gallery & Botanical Gardens, located at 97802 Overseas Highway in Key Largo, Florida

Jacque Huttoe and James “Chip” Black of The Huttoe Group at Berkshire Hathaway Florida Realty Commercial, announce the sale of 283 Catalonia Avenue in Coral Gables, Florida. The 1955-built, signature 2-story building, which totals 22,209 square feet, is situated on a 12,000-square-foot lot and adjacent to three 4,000-square-foot lots, which serve as on-site surface parking for the property.

MetWest International is adding Thai Prime to its already impressive line-up of restaurants at its retail center across from International Plaza and Tampa International Airport. Thai Prime is a local restaurant known for its authentic Thai cuisine and is slated to open in the fall. It will offer 176 seats, a full liquor bar and outside seating

Dave Donnellan has been named Senior Vice President. A Fort Lauderdale-based senior member of CBRE’s Investment Properties group, Mr. Donnellan focuses on the sale of shopping centers and single-tenant net-leased investments in southeast Florida. He has successfully represented many of the region's high-profile developers and private investor groups in the acquisition and disposition of their retail property assets.

Florida Realtor, the Business Magazine of Florida Real Estate and monthly trade publication of Florida Realtors®, recently won nine awards in the 2015 Florida Magazine Association’s (FMA) competition.

CBRE arranged the sale of a prime downtown development site at 100 E. Las Olas Blvd. in the heart of the main business corridor of Fort Lauderdale, Florida. The 0.88-acre property was acquired from SVP Las Olas Limited Partnership by Kolter Acquisitions, LLC for $17.25 million.

Cushman & Wakefield announced today that it has brokered the sale of Westshore Center, a 216,410-square-foot, Class A office building in Tampa, Florida. Executive Director Mike Davis, Senior Director Rick Brugge, and Senior Director Michael Lerner represented an institutional owner in the transaction. The buyer was Roseview-PMRG Fund I, LLC, a joint venture between The Roseview Group and PM Realty Group (PMRG)

Inc. has announced that RE/MAX Dynamic-The Duncan Duo & Associates has earned the position of 561st on the 2015 Inc. 5000 list of fastest-growing private companies in America. They were one of only 159 real estate firms in the nation to appear on the Inc. 5000 and the fastest growing residential real estate sales firm in Tampa Bay. Past companies to make the prestigious list include Microsoft, Oracle and Zappos. This is the second consecutive year RE/MAX Dynamic has made the list, jumping nearly 500 places from the 2014 list in the No. 1,052 spot

The Council of the District of Columbia has passed resolutions confirming the appointments of Mr. Buwa Binitie, Mr. Stephen M. Green and Mr. Bryan “Scottie” Irving to the Board of Directors of the District of Columbia Housing Finance Agency (DCHFA). “The new board members possess a range of expertise in development and housing in the District of Columbia.

Banker Lopez Gassler P.A. is relocating its downtown St. Petersburg office to First Central Tower later this year. The law firm has leased a full floor, 15,296 square feet, at the building. The long term lease was brokered by Mia Jarrell of Colliers International.

Late yesterday, Florida Attorney General Pam Bondi joined 14 other state attorneys general seeking to block the EPA’s Clean Power Plan. Finalized earlier this month by our Environmental Protection Agency, the Clean Power Plan will reduce carbon pollution from power plants.

CBRE Capital Markets arranged the sale of Hidden River Grande Apartments, a 212-unit waterfront rental community in Tampa, Florida to San Diego-based The Focus Group for $8.3 million. The complex is located at 8024 Hidden River Drive on the Hillsborough River. CBRE represented the seller, NR Investments, in the transaction.