New Construction News
The 45-story tower will offer 422 residences ranging from 500-square-foot studios to 1,100-square-foot, two-bedroom homes.
The median-sales price slid from $425,600 in October to $402,600 last month.
The 19-story towers will have 28 condominiums, each occupying its own floor.
The 48-story building has 226 condominiums priced from $1.5 million.
The development, called Forest, will bring 372 homes to market.
The 43-story development, Ombelle Fort Lauderdale, will offer 775 condominiums priced from $400,000.
The first phase of the $2 billion development will see the construction of branded residential towers, a St. Regis hotel, private beach club and restaurant and retail establishments.
Multifamily construction, meanwhile, rose on a monthly basis.
The Avenue will feature a mix of high-end retail and hospitality venues, plus 50 upscale residences priced from just under $3 million.
The 48-story residential tower in Miami’s Design District is the first residential venture by Michelin-Start chef Jean-Georges Vongerichten.
Four new decorated model homes are available for tours.
La Baia North’s 57 units are already 60% sold, with prices starting at $1.4 million.
The 1,200-acre community in Southwest Florida has started sales of three communities with homes beginning at $1.1 million.
The rock ‘n’ roll-themed condominium project is slated to open in 2026.
The former WeWork CEO’s company, Flow, has already developed two rental communities in South Florida.
The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
