Category Archives: Midtown

News for Midtown Miami, including Wynwood, Design District, and Edgewater

Wynwood Market Update

Wynwood has been picking up steam lately in its process of rejuvination. In the past two months it picked up two hip coffee houses, Panther Coffee, located at 2390 NW second ave, and Lester’s, located at 2519 NW 2nd Ave. Most … Continue reading

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Miami Herald Building Sold to Developers

In June, An Asian Casino company, Genting, purchased approximately 14 acres of waterfront land which was owned by the Miami Herald. Genting paid $236 million in an all cash deal for the property. The land is located just East and … Continue reading

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1700 Biscayne Development Approved

The city commisioners have approved development plans for a three tower complex to be located at 1700 Biscayne Blvd which is facing the Omni Complex. It will include 672 residential apartments, 181,000 retail/commercial space, 505 hotel rooms. The apartments are … Continue reading

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The Future of Bicentennial Park and Bayside Marketplace

Despite the enormous luxury high rises that dominate the landscape along the stretch along Biscayne Blvd. known as Biscayne Wall from 1st to 11th street, Bayside Marketplace, and Bicentenial Park, which are situated across the street, remain unattractive even given … Continue reading

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Miami one of the Strongest Housing Markets

Believe it or not, the figures speak for themselves. The Investors Business Daily just ran an article commenting on the strength of the Miami condo market in comparison to other large cities in the United States. This is exactly what … Continue reading

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Miami Home Prices Stay Soft

According to the recent data released for the S&P Case Shiller Home Price Indices for the month of December 2011, Miami home prices fell slightly in comparison to the previous month and the previous year. In comparison to the previous … Continue reading

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Miami Home Sales Continue Improvement

According to the Miami Association of Realtors and data collected from the Southeast Florida Multiple Listing Service, sales of existing homes in Miami rose by 18% in December compared to the same period in 2009. This is also approximately 70% … Continue reading

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Wynwood Kitchen and Bar will Dazzle the Senses

Leave it to the Goldmans to come up with another tantalizing ingredient to help organically grow and attract attention to the Wynwood Arts District, which Goldman Properties has a significant stake in. Their latest addition, Wynwood Kitchen and Bar, on … Continue reading

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Midtown Miami Sales Report (Two Midtown & Blue Condo)

Two Midtown: Since May 2010 there have been 17 recorded sales in Two Midtown Condominium with an average price per square foot of $175 with a range between $230 and $142. The biggest sale was a 3 bedroom apartment for … Continue reading

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Getting Ready For Red Dot Art Fair Miami

Red Dot Miami has has set up the massive tents and begun preparing for the art fairs to take place by Midtown Miami in the Wynwood Arts District during the week of Art Basel from December 1st to the 5th. … Continue reading

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Miami World Center Foreclosure Auction

November 24th is the date set for foreclosure auction of the impressive 25-acre assemblage of land and properties which was supposed to become home to the Miami World Center. They are located beginning just one block west of Biscayne Blvd … Continue reading

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Wynwood Market Debuts in Upcoming Wynwood Art Walk

Intending to cater to the masses walking along NW 2nd ave during Gallery Walk in Wynwood, Art Walk will be comprised of 35,000 square feet of open air vendors, performers, and artists. I have not heard much about this so … Continue reading

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Miami September Pending Home Sales Continue Improvement

According the the Miami Association of Realtors and the Southeast Florida Multiple Listing Service, pending home sales in Miami-Dade County increased 28.6% in September 2010 compared to Sept 2009. This is in a brighter contrast to the national pending home … Continue reading

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Onyx Condo Liquidation Sale

In the latest news for distressed real estate sales in the Midtown Miami area, a bankruptcy court will auction off 40 units in the Onyx Condominium. The Onyx Condominium is a luxury high rise in Midtown Area in front of … Continue reading

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Biscayne Wall Comes Alive!

Biscayne Wall refers to the towering row of skyscrapers in Biscayne Boulevard stretching from 11th ST before the Performing Arts center all the way down to 1st Street. The buildings face the American Airlines Arena and Bayfront Park. Some have … Continue reading

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More Retail Open for Business in Midtown Miami

During the months of August and September we have seen more retail real estate being leased up in the Midtown Miami area as well as signs of more to come. It is nice to see that the businesses that are … Continue reading

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Homestead Property Owners May Pay More Taxes

Miami-Dade County commissioners voted yesterday to raise the property tax rate in a way that would affect more than 60% of homestead property owners even though their properties are worth less. There will be another hearing before the budget is … Continue reading

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Wynwood Art Walk and Gigi Picking Up Steam

Despite the exceptionally hot and sticky night, people came out in droves last night to witness the sights and sounds of art walk in Wynwood, which occurs monthly every second Saturday. Everyone at the event seemed to be in great … Continue reading

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More Buzz on the Design District

The Miami Herald posts another news piece on the transformation of the Design District in its business section. The article mentions how the area was an international destination for furniture design but has now turned ultra chic with its plethora … Continue reading

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Midtown Miami Area Closed Sales Report: 8/22/2010

As part of our effort to provide helpful real estate statistics and research to specific areas in Miami, Rounick Real Estate, LLC. has conducted a search of all the closed sales on the Multiple Listing Service in the Midtown Miami … Continue reading

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Redefining Midtown Miami

What a difference a year makes. Midtown Miami is now just starting to catch fire in the social consciousness as a go to and explore area as evidenced by the numerous recent news articles covering some aspect of the area. … Continue reading

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President of EWM comments on Improving Sales in Miami

This video is a Miami Herald interview with the president of Esslinger-Wooten-Maxwell concerning the continued improvement in sales volume and other factors for residential real estate in Miami.

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