Golden Beach Home Lists for $36 Million, Even Though It Hasn't Been Built Yet

Categories: Unreal Estate

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A sprawling 23,000-square-foot modernist mansion has hit the market in the exclusive enclave of Golden Beach for an eye popping $36 million. The catch: the beachfront home doesn't even exist yet.

Developer Jacob Abramson doesn't actual even plan to break ground on the eight-bedroom, 12-bathroom manse until the second quarter of 2015.

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Downtown Miami's Population Nearly Doubled Since 2000

Categories: Unreal Estate

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Parts of downtown Miami have become almost unrecognizable since 2000. Few urban cores have remade themselves in the new millennium the way downtown Miami has, yet the area continues to get criticism for being a place that still isn't quite suited for living full-time.

Well, the Downtown Development Agency has released a new population and demographics report claiming the population of downtown has almost doubled in the past 14 years, with 99.6 percent more people living in the area now than in 2000.

See also: Miami Rents Are Wildly Unaffordable for Average Residents

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Pharrell Williams Can't Sell His Brickell Penthouse

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MLS Listing Photo
Pharrell Williams' life is better than yours. His music career is back and better than ever. His style is fawned over. He's a judge on one of the biggest shows on television at the moment. But not everything is going well for ol' Pharrell. He can't sell his Brickell penthouse.

Such is the cruel and sometimes unpredictable world of Miami real estate.

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Bay Harbor Islands Wants to Ditch Historic Preservation Board, Threatening MiMo Gems

Categories: Unreal Estate

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Photo via Keep Bay Harbor Islands Beautiful's Facebook page
If Bay Harbor Islands, the two-island, 5,000-person town on Biscayne Bay between North Miami and Bal Harbour, is known for anything, it's MiMo architecture. But at a commission meeting earlier this week, the town moved closer to breaking away from the county's historic building preservation rules, and some town residents -- already devastated by a recent development boom -- are more worried than ever about the future of the town's distinctive character.

"We're really kind of desperate here," said Teri D'Amico, a resident leading the preservation movement.

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Miami International Boat Show Moving To Marine Stadium

Categories: Unreal Estate

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Photos by Claire Nelson
The Miami Marine Stadium is coming back. It's really coming back. After sitting dormant and abandoned for over 20 years, the Miami International Boat Show is expected to announce that they'll move their 2016 and 2017 editions from Miami Beach to the Virginia Key aquatic stadium.

Though renovations haven not begun, Friends of the Marine Stadium hope to have all their ducks in a line and renovations completed in time for the 2016 fair.

See also: Gloria Estefan, Street Artists Make Their Mark on Miami Marine Stadium

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Sears Wants to Redevelop Its Aventura Store Into a Mall-Within-a-Mall

Categories: Unreal Estate

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Sears, the department store that time, fashion trends, and shoppers forgot, is struggling nationwide. Decades of dwindling sales have put the once-great chain's future in question, but the company has proposed a radical strategy for its location at Aventura Mall that may signal the future of the company.

Sears execs want to redevelop the store into its own mall-within-a-mall. The store currently occupies 190,000 square feet attached to the mall but would scale its own store back to just 20,000 square feet. To put that into perspective, that would be about 5,000 square feet fewer than the H&M at Aventura Mall.

The current store would be demolished, and the rebuild would leave an additional 230,000 square feet to be filled by an open-air esplanade filled with other retail stores and restaurants.

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SkyRise Developer Jeff Berkowitz Threatens Blogger With Lawsuit

Categories: Unreal Estate

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On October 20, blogger Al Crespo published a story lambasting SkyRise developer Jeff Berkowitz as "duplicitous" and a "hypocrite" for seeking public funds for the massive and controversial building project, which stalled in the county commission yesterday over a proposed $9 million subsidy.

Now, Crespo says the developer is hitting back by threatening a lawsuit if he doesn't take down the piece. "You want to sue me for something I said?" Crespo told Riptide. "It's America."

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New York Post Claims Edgewater Was Full of "Vagrants" Until Hero Developers Came Along

Categories: Unreal Estate

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Months if not years late to the story, the New York Post decided to check in this weekend on development in Edgewater.

According to the Post's take, the area was full of "vagrants" before and is now quickly turning into some family friendly area where actual Miamians will live and play.

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Miami Beach Community Church Controversy: Preservationists Win Battle Over Secret Donation

Categories: Unreal Estate

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Courtesy of Touzet Studios
The proposed plan for a clothing store where the MBCC courtyard currently sits
Divine intervention it is not, but a last minute decision by a city official has thrown a Miami Beach mega development project into sudden disarray.

Earlier today, Miami Beach's special master ruled that the city's Historical Preservation Board had erred in approving a controversial plan to turn a historic church courtyard into a clothing store.

The decision hinged on an August 11 New Times article revealing a $500,000 "donation" from developers to the congregation.

See also: Miami Beach Community Church Controversy: City Approves Plan to Destroy Courtyard, Build Clothing Store

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Miami Has the Least Toilets Per Capita of Any Major U.S. City

Categories: Unreal Estate

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The internet is constantly ranking cities to the point where we wonder if there's any criteria left to rate cities by. Well, Real Estate firm Redfin has come up with a novel ranking: toilets per capita.

As it turns out, Miami has the least amount of residential toilets per capita of any of the major markets where Redfin does business.

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