Surfside condo collapse victims and families will receive $150M in compensation initially, judge says

Scene Near Champlain Towers – Courtesy: Shutterstock – Image by Felix Mizioznikov A Florida judge has announced that victims and families who suffered losses from the devastating condo collapse in Surfside, Florida will receive a minimum of $150 million to start. Miami-Dade Circuit Judge Michael Hazman stated that the sum is a total of about

Two South Florida developers are collaborating to bring 5 inland Crystal Lagoons to Central Florida

Courtesy: Shutterstock – Image by heru sukma cahyanto There are no beaches in Central Florida, but that may soon change after news broke that two major South Florida developers are looking to bring public access lagoons to Central Florida. According to Iván Manzur, Senior Vice President of Sales of Crystal Lagoon US Corp, Hollywood-based investment

Clearwater’s long-awaited Coachman Park renovation postponed due to increased construction costs

Imagine Clearwater Rendering – Courtesy: myclearwater.com The City of Clearwater will have to wait a bit longer before it can enjoy a pending renovation in the city’s downtown Coachman Park. Imagine Clearwater is a futuristic vision for the city, but the long-awaited revamp will have to wait due to increased construction costs. A $64 million

FPL builds massive solar center in Southwest Florida to support largest community solar program

Florida Power and Light Company (FPL), the state’s largest electric power supply and utility company, is investing in solar energy in a big way with a new mega-solar center in Southwest Florida.   The company, which services over 5.6 million customer accounts and supports more than 11 million residents in the state, has set a goal

Florida’s Real Estate Woes—How soaring homeowner insurance costs may affect buyers market

Courtesy: Shutterstock – Image by alphaspirit.it Just when it seemed like the Florida housing market was in a promising sweet spot for prospective buyers, insurance executives have reason to believe the property insurance market is casting a large shadow that may draw homeowners elsewhere. The COVID-19 pandemic created a single-home and condo buying surge in

Looking to Buy a House in Florida? Here are some Must-Read Tips before you do

Courtesy: Shutterstock – Image by Andy Dean Photography The Florida housing market is as hot as it’s ever been in recent years, and because of that, property values are up, and so are moving rates into the state. While the market certainly helps Florida’s allure, the main reason people want to live in Florida is

Miami’s upcoming Waldorf Astoria property will soon be the Tallest Residential building south of Manhattan

Courtesy: ArX Solutions/ Waldorf Astoria Website Step aside, New York; there will soon be a new big building city on the East Coast. Florida isn’t necessarily known for tall, glamorous residential or commercial buildings. As it stands, the tallest building in Florida is the Panorama Tower in the Brickell area of downtown Miami. The 85-story

Best counties in Florida to buy a new Vacation Home in 2021

Florida Real Estate depiction in the sand – Courtesy: Shutterstock – Image by StacieStauffSmith Photos In 2020, worlds collided in the financial sphere, and Florida saw a record number of home purchases and sales. While finances became tighter for many across the country due to the pandemic and job loss, others who were able to

$11 Million Private Island sale in Marathon marks largest of its kind in the Florida Keys

Courtesy: Andre van Rensburg/ Ocean Sotheby’s International Realty It’s no surprise that Florida has been a hot market during the pandemic for real estate.  Hundreds of new families are moving to the Sunshine State every day in search of prime real estate due to a variety of reasons. The shift to work from home demands

Digging up the history of Miami’s exclusive Fisher Island

Fisher Island – Courtesy: Shutterstock – Image by FloridaStock A few months ago, we covered a Bloomberg Wealth Report highlighting the country’s wealthiest zip codes. Coming in at number one on that list was the historic private barrier island of Fisher Island off Miami Beach.  With an estimated average resident income of $2.2 million in