Demand on the Rise for Downtown Living Downtown Miami’s residential real estate market experienced a rise in property values and occupancy driven by international and domestic demand, found the independent study, The Greater Downtown Miami Real Estate Market Annual Summary. Key findings include: Average unit sales price is up 21% to $425,498; with per sq-ft… read more.
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A home at 2550 Bay Avenue on Sunset Island #2 off Miami Beach has closed for $20 million, The Real Deal has learned. The four-bedroom, four-bathroom home, which has 7,209 square feet of living space, officially closed at the end of December, according New York-based real estate information firm Streeteasy. The seller was Jorge Chammas… read more.