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Business, MSM Online, Real Estate

2024 Real Estate Legislative Changes in Florida’s Real Estate Landscape

By Julio GuzmanAs the real estate market in Florida, particularly in Miami Dade County, continues to evolve, several key legislative items are making a significant impact. Florida Realtors play a critical role in these legislative developments, particularly through their annual participation in the Greater American Realtor Days (GARD) in Tallahassee, FL during the Florida legislative session. Their advocacy ensures that real estate policies are aligned with industry needs, influencing positive changes in the legislative landscape. This article delves into four major topics that are reshaping the industry, addressing both the challenges and opportunities they present. 1. Rising Property Insurance Costs The surge in property insurance premiums in Florida is a multifaceted issue, significantly impacted by several key factors. The state is facing this challenge head-on, with a series of reforms aimed at stabilizing insurance costs and providing relief to homeowners and businesses. – Impact of Natural Disasters: Florida’s vulnerability to hurricanes and tropical storms is a primary driver of the increased insurance claims, leading to higher premiums. – Litigation and Fraud: The state has seen a rise in insurance-related litigation and instances of fraud, such as inflated claims, which contribute to escalating costs. – High Reinsurance Costs: The frequent severe weather events have also led to increased reinsurance costs for insurers, a burden that often gets passed down to policyholders. – Market Challenges: Due to these factors, the property insurance market in Florida has become less profitable, leading some insurers to exit the market or reduce coverage, further reducing competition and increasing rates for consumers. – State Interventions: In response, the state is taking several measures. These include encouraging new insurers to enter the market, supporting the ‘depopulation’ of Citizens Property Insurance to foster a more competitive insurance market, and leveraging global reinsurance support. Additionally, in Governor Desantis 2024 proposed budget he earmarks a $409 Million allocation to help reduce insurance premiums potentially by 5%- 6% through tax relief, particularly targeting properties valued under $750,000. These measures aim not only to lower premiums but also to ensure the long-term sustainability of the property insurance market in Florida. Through these comprehensive efforts, Florida aims to address the root causes of the property insurance crisis and create a more stable and affordable insurance landscape for its residents. 2. Hometown Heroes Housing Program To support essential community workers, the Hometown Heroes Housing Program provides affordable housing options to healthcare professionals, teachers, law enforcement officers, and firefighters. This program, part of the Live Local Act, offers zero-interest loans and incentives, recognizing the pivotal roles of these individuals and addressing the state’s affordable housing needs. 3. Business Rent Tax Reduction Aimed at promoting a business-friendly environment, the reduction in the business rent tax from 4.5% to 2% in 2024 is a significant legislative step. This reduction is expected to stimulate business growth and economic competitiveness in Florida’s commercial real estate sector. 4. Condominium Reform Florida is also focusing on condominium reform to enhance governance, maintenance, and financial transparency. These reforms are designed to protect consumers, improve management standards, and boost confidence in condominium investments, a crucial segment of Florida’s real estate market. The Role of Florida Realtors in Legislative Advocacy Florida Realtors play a critical role in these legislative developments, particularly through their annual participation in the Greater American Realtor Days (GARD). Their advocacy ensures that real estate policies are aligned with industry needs, influencing positive changes in the legislative landscape. The intersection of legislative initiatives and real estate in Florida presents a dynamic landscape of challenges and opportunities, particularly in Miami. As stakeholders – including homeowners, investors, developers, and industry professionals – engage with these legislative items, their involvement is crucial in shaping a resilient and thriving real estate market in the Sunshine State.

MSM Online, Real Estate, Sponsored

Miami Real Estyle – 6174 Pine Tree Drive Miami Beach

  6174 Pine Tree Drive is a contemporary streamlined beauty located in Miami Beach. This three bedroom, three bathroom property is complete with all the necessary features to enjoy Miami Beach living at its finest. Private electric gate entry, front porch ocean breeze, clear glass french doors that open to an oversized pool and pergolas for outdoor entertainment. Its proximity is to all that Miami Beach has to offer. Enjoy a walk to the pristine beaches of the Atlantic Ocean while shopping and dining at local shops and restaurants. Listing courtesy of The Belkis Jorge Group with Coldwell Banker Residential Real Estate. SOLD!    

Living, MSM Online, Real Estate

Fendi Château Residences: World-Class Living with Waterfront Views

By Gisel Habibnejad In collaboration with Château Group and Arquitectonica, Fendi’s first real estate project in the United States is slated to open this year. Fendi Château Residences will be located in Surfside, occupying three acres of oceanfront property. “Surfside is becoming the new Bal Harbour. The Residences will not only offer world-class living, but direct access to an upscale urban retail and dining environment,” says Manuel Grosskopf, President of Château Group. The 12-story building will house 58 luxury condominiums and penthouses with 10 to 11 foot-high ceilings ranging from 3,325 to over 7,000 square feet each featuring panoramic views of the ocean. Corner residences will feature wraparound terraces with summer kitchens. FENDI Casa in collaboration with Fanny Haim will curate interiors of the living spaces. In addition, Luxury Attaché will provide concierge services for the residents. Introduced as the Fendi Château Attaché, powered by Luxury Attaché, it will include five-star white glove service for the residents. The service is customized and exclusive to the Residences and will be tailored to each resident, ensuring a personalized experience. As part of this concierge service, they will assist any requirements and arrangements to make sure all needs are met. Amenities include but are not limited to reservations at notable new restaurants; exclusive access to high-end nightclubs, bars, and lounges; tickets to shows, sporting events, and concerts; and access to fashion shows, award ceremonies, and movie premieres. As for travelling, customized itineraries are compiled, along with scheduling of private and commercial air and ground transportation, and hotel accommodations with complimentary upgraded perks. The outdoor living spaces will visually transport residents from Miami to international cities with its stunning design. Lush gardens of tropical plants and cypress trees surround ponds overlooking the sea creating the perfect Zen space to relax and meditate. Residents will not only be living in luxury, they will also experience it firsthand. Such amenities include elevator access for private foyers of all residences, private cinema and business and media center, gated entrance with 24-hour security, Shabbat elevators, private restaurant with full Chef kitchen for casual and formal dining, two outdoor swimming pools, two reflective pools, poolside cabanas, state-of-the-art fitness center, and private spa, and much more. Three penthouses will be equipped with private rooftop sundecks and swimming pools.  

AroundTown, MSM Online, Real Estate

Fendi Château Residences Hosts VIP Event Honoring Chris Leavitt

Photography by World Red Eye Fendi Château Residences is the first luxury condominium collaboration between a fashion powerhouse, Fendi, and a real estate developer, Château Group. The 12-story high property will be located in Surfside and will offer 58 apartments and penthouses. Real estate power broker Chris Leavitt of Douglas Elliman was honored at a VIP affair hosted by Fendi Château Residences. During the exclusive event, Leavitt took part in a Q&A lead by Principal of Tara, Ink., Tara Solomon. The former cast member of Bravo’s Million Dollar Listing Miami has become a staple in the New York City and Miami real estate markets through his commendable sales records and professional excellence in the field. He is also known for being responsible for the “largest condominium sale in the history of Florida.”

Luxury, MSM Online, Real Estate

Miami Real Estyle – The Auberge Residences & Spa Miami Reveals Design Sales Center with Sneak Peek of Cirkopolis

By Gisel Habibnejad Photography by World Red Eye Renderings Courtesy of Auberge Residences & Spa Miami The Related Group proudly unveiled the Auberge Residences & Spa Miami’s new sales center designed by Piero with an intimate celebration. The commencement included a sneak peek of Cirque Éloise’s Cirkopolis presented by Adrienne Arsht Center, which included introductions by the development team. The short discussion involved Jon Paul Pérez, who shared his first experience as a lead developer of a luxury condominium project through Auberge Miami, and President of the Related Group’s Condo Division Carlos Rosso discussed his excitement for the project being located in the always-growing Art & Entertainment district. Among the attendees were Raimundo Onetto, Rodrigo Gana, and Henry Pino of Alta Developers. Auberge Miami will include a collection of 290 luxury condominiums of 11-ft ceiling heights with private elevator access, 90 designer suites, four duplex penthouses, and a limited collection of sky penthouses. The property will be comprised of resort-style amenities, such as a golf simulator, cigar lounge, private yoga and Pilates studio, wine room, one-year membership to the Key Biscayne Beach Club, sky pool with an observatory on the 60th-floor rooftop, and much more. Several artistic designs are housed throughout starting with the lobby designed by Piero Lissoni, outdoor spaces by Enzo Enea, a 40-foot tall ‘Awilda’ by artist Jaume Plensa, ‘Sphere in Rouge’ by Julio Le Parc, and features created by Arquitectonica. In addition, residents will be able to indulge in the Auberge Resorts Collection–their acclaimed culinary and hospitality brand. The Auberge Miami will be the first residential location to host this exclusive staple. Located nearby is the Adrienne Arsht Center for the Performing Arts, Pérez Art Museum Miami (PAMM), AmericanAirlines Arena, and the Miami Design District. For more information, please visit

MSM Online, Real Estate, Sponsored

Art Deco Living & South Beach Urban Pedestrian Lifestyle Unite

Where else in the world can you find a single family home of contributing architectural significance in a quiet residential enclave yet right next to the fun of South Beach? The answer is nowhere! OPEN HOUSE Sunday, February, 28th 12-4pm Property Details: 1711 Michigan Ave, Miami Beach, FL 33139 MLS # A10013457 3 Bedrooms / 3.5 Baths 2,267 SF Offered at $1,895,000 For more information visit Take a step back in time in this authentic Mediterranean Art Deco home in the center of all that South Beach has to offer today. Located in the historic, tree lined Palm View residential neighborhood – an oasis just one block to Lincoln Road and within easy walking distance to the beach, New World symphony, movies and dynamic Sunset Harbour. This is a rare opportunity to lead an urban pedestrian lifestyle while enjoying the comforts and privacy of a single family home. The Palm View Historic District location is truly unique. The Palm View district is associated with the earliest pioneers of Miami Beach, Carl Fisher and John Collins. Fisher created the subdivision in 1920 and developed it with the intention of providing some of the finest private residences of the era. Collins was responsible for the oldest structure within this historic district, the Collins Canal, which enabled Collins to transport his produce from the groves to Biscayne Bay. Palm View is also associated with internationally recognized American artist, Henry Salem Hubbell, who resided in the area from 1926-1940. While Palm View is steeped in a wide array of historical significance, there is none more prominent than the rich display of architecture evident throughout the district. There are 10 architectural styles represented, ranging from Masonry Vernacular to Mediterranean Revival and Med/Deco Transitional to Streamline Moderne, then evolving into the Post WW II Modern styles. Mediterranean Revival is the style with the most significant concentration in the area as it was highly fashionable during the city’s booming land development period. Many master architects are represented including Schultze and Weaver, Pancoast, Hohauser, Schoeppl, Skinner and Robert E. Collins. Built in 1946, this meticulously preserved home embodies the optimism that was a profound part of the Art Deco period in Miami Beach. Enter the home through a charming rotunda foyer that flows into the ample living room with vaulted ceiling featuring original moldings and fireplace. The dining room showcases recessed lighting which was considered one of the most luxurious features available in a home at that time. Throughout the home are beautiful original Terrazzo floors and original wood flooring in the bedrooms. The bedrooms are very spacious with bay windows allowing for ample natural light and each includes a bathroom en suite. In the bathrooms are hand painted and signed original murals of native Florida wildlife creating a one-of-a-kind retreat within the home. The expansive kitchen with high ceilings has a pantry and closet for ample storage, and space for a breakfast table. The family room leads to a Florida room with access to a unique native garden with exotic fruit trees designed to attract birds and several varieties of butterflies. The garage has been converted to a studio with a bathroom, fashioning a private area for your guests. The property is zoned RM1 multi-family which permits an additional structure, if so desired.

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Welcome Home to this Private Mediterranean Estate in South Beach!

2484 Prairie Ave, Miami Beach, FL 33140 Offered at $3,750,000 MLS # A2211934 Madeleine Romanello Broker Associate One Sotheby’s International Realty Tel: 305-282-2133 Fully walled and gated, this home offers the chance to have your own personal oasis. 4,144 sf under air, the outdoor spaces are just incredible with 1,200 sf of wrap around, arched porches leading to a resort like pool, spa and patio surrounded by coconut palms, bamboo and mango trees. There is also a beach with a fire pit. The main home has 4 bedrooms and 4 baths including a cabana bath and a half bath. Gleaming marble floors throughout the 1st floor and bamboo floors in the upstairs bedrooms. The classic kitchen boasts Sub-Zero and Wolf gas appliances and dramatic granite countertops. The downstairs features one bedroom with cabana bath and open living spaces that lead out to the wrap around porch and pool area. The stairs lead to a stunning hallway with volume ceilings and 6 skylights. The master bedroom is just spectacular with 15’ plus ceilings, a massive walk-in closet and 2 additional closets plus two terraces, one with a Jacuzzi. The master bath has a seamless glass shower, Euro-style black and white tub, double sink vanity with great light and high ceilings. The other two bedrooms are spacious and inviting with gorgeous renovated en-suite bathrooms and large closets. The guest house is the perfect miniature home with a one-bedroom suite upstairs with its own separate access and a one-bedroom apartment with kitchen on the ground level. It also features two covered terraces with fold-away patio doors so you can bring the outside in! The lower level kitchen and living spaces make it perfect for hosting parties around the pool, while the huge circular brick driveway and spacious gated carport offer plenty of parking for your guests. If you love the convenience of living near shops, restaurants, and clubs but also covet being close to nature, this property offers both! This beautiful, one-family home is located just a mile from fine dining establishments, gourmet groceries, nightclubs and many other luxuries and conveniences. And coming soon across the street, a community park will be replacing the old 9-hole, par 3 golf course. Banyan Tree Park, named for the large trees on the northern edge of the park, will be a 19.4-acre park including a dog park, tennis courts, yoga, Zen, and butterfly gardens, and a boardwalk surrounding a small lake and wetlands along with 1.2 miles of trails and a 1.2 acre children’s area. This stunning home offers the best of both worlds – situated in close proximity to world-famous Miami Beach entertainment yet right in the middle of the calming, natural beauty you can only find in South Florida.

MSM Online, Real Estate, Sponsored

South Beach Sophistication & Style

Property Details 520 West Ave #601, Miami Beach, FL 33139 MLS # A2212623   3 BR / 3.5 BA 1,944 SF Offered at $2,165,000 For more info: Madeleine Romanello Broker Associate One Sotheby’s International Realty Tel: 305-282-2133 Have you been looking for the perfect place to call home? Well look no more! This condo is the epitome of a sophisticated lifestyle! Breathtaking bay and Miami skyline views abound from this light filled 01 corner unit. Stunningly remodeled with the utmost taste and quality, you will be astounded by the level five finishes throughout. What I love about this condo is the floor plan. As you enter the unit, you are met with a unique hallway with beautiful palm trees and windows. The living spaces are comfortable and inviting. The kitchen is open, yet set back, so while it does not dominate the living areas, it offers a practical location to hand your guests drinks and hors d’oeuvres. The separate dining room is a marvelous entertaining space with elegant recessed lighting and smoking mirrors to offset delicate painted fabric wall covering and dramatic Onyx bar with built-in mini Sub-Zero refrigerator. The living area is spacious and wide with floor to ceiling windows and sliding doors which allows for unparalleled views over the islands to downtown Miami and the marina. Take in the views from here or step out onto the long balcony and let the cool breeze encompass you with comfort and relaxation. The balcony also offers access to the master and 2nd guest bedroom. All bedrooms are expertly laid out to provide privacy within the home. The master features custom furniture for storage, décor and a bed with fabric covered insulated panels at the head. The master closet is fully built out with a wall safe for all your valuables and the master bath rivals the best resorts and spas in the world with Book-matched slab Statuary marble double sink, counter, shower and bath and the rest in rectangular glass tiles. No detail was missed as even the piping is covered in marble and the faucets glimmer like silver against the marble. The second bedroom is situated just off the living room and the third is off the dining room and currently serves as an office with quality built-ins and grey porcelain wood tile and another stunning bathroom also featuring book-matched Statuary marble. The building has undergone a $2 million+ renovation to the common areas and has abundant light, water views and is Miami Beach chic. Two stories high and floor to ceiling windows, it makes a statement to all who enter. As if the remarkable features of this condo are not enough, the location is one of the best South Beach has to offer! The West Ave corridor is one of the most desirable places to live in South Beach. Just north of the popular South of Fifth neighborhood, you can live the South of Fifth lifestyle for nearly $1 million less. This quiet, highly walkable neighborhood is close to many amenities such as Flamingo Park, Starbucks, Whole Foods, Oliver’s and South Pointe Park, one of the nation’s most beautiful beach parks. The trolley is just across the street, so hop on for a short ride to many shops, restaurants, nightlife and pedestrian-friendly Lincoln Road. Sunday may just become your favorite day of the week as you take a relaxing stroll down to the Lincoln Road farmer’s market that takes place every Sunday. And don’t forget about the highly anticipated Crescent Height’s new retail and apartment development, The Wave, that is coming soon. If you wish to venture out a little further, the MacArthur Causeway is right there to take you to the world-famous dining, shopping and nightlife of downtown Miami. Positioned in one of the most sought-after areas of Miami Beach, the West Avenue neighborhood is beyond compare and you will find yourself wondering what you have been waiting for. Make 520 West Avenue #601 your own personal sanctuary. We know you’re going to be very happy here. Welcome home! Home Features: $45K Sound & Video System & Full Home Automation with Sonos Components and RBH Speakers Custom Built-Ins in Master, Office & 3rd Bedroom Double Window Treatments Unique Painted Fabric Wallpaper Recessed LED Lighting Book-matched Statuary Marble & Quartz Bathrooms Quartz Cesar Stone Solid Sink in Powder Room Remote Powered Solar & Blackout Panels Throughout Nest AC Thermostats & Smoke Sensors Duravit Bath Fixtures Onyx Bar with Built-In Refrigerator White Glass & Porcelain, Wood & Tile Flooring Built-In Wall Safe Gaggenau and Sub-Zero Appliances Exclusion Dining Lighting  

LIFESTYLE, Living, MSM Online, Real Estate, The Issue

Miami Real Estyle – Tropical Modern Architecture with Ralph Choeff

By Angela Betancourt Award-winning architect Ralph Choeff is one of the leaders of the Tropical Modern architectural movements in South Florida. Along with his partners at the Choeff Levy Fischman Architecture & Design firm, the team has mastered the art of Tropical Modern architecture. They’ve designed some of the most celebrated homes and hotels in the city; including the Mondrian South Beach Hotel and The Anglers Hotel, both in South Beach. One of their recent projects, the Rivo Alto Island Residence in Miami Beach, is a stunning example of how well Tropical Modern architecture plays into its surroundings. The home blends the interior with the exterior by using tall and expansive windows and sliding glass doors for maximum views and enjoyment. The interior of the home radiates a Zen-like atmosphere that, as Choeff would describe it, takes the owner to a place outside the experience of the day-to-day. A native New Yorker, Choeff moved to Miami in 1978 after graduating from the Pratt Institute with a Bachelor of Architecture degree. “I believed that Miami was ready to experience real architectural growth after being stagnant for many years. I felt Miami gave me the best opportunity to succeed and offered the weather I desired,” he said. And succeed he did. Choeff has become a highly sought-after architect and has been commissioned by many celebrities and VIP’s including Cher, Matt Damon, Barry Gibb, Alex Rodriguez and many others. His work has been featured on national TV programs such as the Today Show and in various high profile design magazines like Hospitality Design. His name has become synonymous with Tropical Modern architecture in South Florida. “My biggest professional accomplishment today, I believe, is how far I have come in the evolution of my professional career and how I approach design. I am proud to have been one of the leaders in the movement of Tropical Modern architecture in South Florida,” shared Choeff. Choeff’s success in this space evolved from his love of modern architecture. In college, he began to admire the work of Walter Gropius, a German architect known as one of the pioneers of modern architecture who was also the founder of the Bauhaus School. “The modern glass skyscrapers of NYC were inspirational to me. When I moved to South Florida, I yearned for the opportunity to produce modern architecture. Once I got that and started designing modern buildings, tropical architecture evolved when technology allowed us to create vast and tall sliding glass door openings which also allowed us to take advantage of our climate. Tropical Modern architecture was a natural evolution that stemmed from that,” he said. As this New Year begins to unfold, Choeff will undoubtedly continue to make strides. He is very excited about all of the firm’s current and upcoming projects and has high ambitions for the future. His ultimate dream project is to build something so successful it will gain enough notoriety to positively inspire the industry and that is one more thing he can be proud of. For more information on Ralph Choeff & Choeff Levy Fischman Architecture & Design, please visit

MSM Online, Real Estate

Miami Real Estyle – 608 W Dilido Drive Venetian Island

608 W Dilido Dr – Miami Beach, Florida Photography courtesy of Douglas Elliman Striking 2-story contemporary waterfront estate on prestigious Venetian Island, nestled between Miami Beach and Midtown, offers residents an incomparable lifestyle accomplished only with 180º of northeastern bay and city views and direct access to Biscayne Bay. Built in 2003 with over 5,600 sf of interior living space this gated 5-bedroom, 5.5-bathroom property has been completely reconceived with exceptional finishes throughout. Residential features include 5 en suite bedrooms, Master with private terrace, den/study, separate laundry area, chef’s kitchen and expansive formal living area. Double-height ceiling and floor-to-ceiling windows reveal open bay views. Outdoor living space is complete with lush foliage, climate-controlled pool, and private dockage. “Built in 2003 by the current owners for their own personal use they were forward thinking when they designed this beautiful contemporary home which has qualities that you will find in today’s new construction without the hefty price tag. It is also priced below many vacant lots of older homes in the area, making this a truly excellent opportunity. The home features 30’ ceilings,  floor to ceiling windows on the main floor allowing for an abundance of natural light and air all day long, and a private gate providing additional privacy and security.” –Allen Davoudpour, Broker Associate with Douglas Elliman

Business, MSM Online, Real Estate

Real Estyle: St. Regis Bal Harbour PH-08

The St. Regis Bal Harbour has a new penthouse on the market listed through Douglas Elliman’s Bill Hernandez and Bryan Sereny. 2 bedrooms, 2 baths, 1 half bath and 2,389 sf of living space with amazing oceanfront views priced at $5,100,000 This southeast facing penthouse created by designer and architect, Raboni, is equipped with all of the most luxurious finishes. Additional upgrades include elevated ceilings, a fully equipped Italian designer Boffi kitchen, Crestron sound and lighting system, custom imported Italian marble floors, as well as extra closet space throughout with custom cabinetry in hallway, elevator foyer, den and 2nd bedroom. Enjoy the luxurious oceanfront lifestyle from this custom penthouse at St. Regis. St. Regis Bal Harbour Unit PH-08 is located at 9703 Collins Ave, Bal Harbour, FL. For more information on this St. Regis Bal Harbour listing, please visit Photography Courtesy of Douglas Elliman

Business, MSM Online, Real Estate

Real Estyle: Le Lac Estate

By Angela Betancourt Nestled in the heart of Boca Raton is the Le Lac Estate, a nine-acre masterpiece that has been listed by Douglas Elliman realtors Senada Adzem and Chris Leavitt, star of Million Dollar Listing Miami. Priced at $19,950,000, this expansive property features 16,140 sf of living space, eight bedrooms, eight full bathrooms, three half-bathrooms, and its very own private lake. Le Lac is a single family resort-style property that will provide its new homeowners with an abundance of luxury and opportunities to entertain guests. There is a private island with gazebo, a guest house, outdoor shower, basketball court, a summer kitchen, and Har-Tru clay tennis court with HydroGrid irrigation. The estate’s custom designed pool is surrounded by cut stone pillars, a waterfall, and LED lighting. Le Lac’s interior is lavishly designed with the finest materials. The front door is made from mahogany wood and opens into a grand living room with high ceilings and a majestic chandelier. The kitchen showcases top of the line appliances that include, a Sub-Zero professional refrigerator, Corian countertops, and a Wolf gas range stove. Additional interior highlights include a sauna, media room, bar, walk-in closets, roman tub, vault ceilings and a climate-controlled wine cellar that can hold up to 3,000 bottles. The home was designed by Randall Stofft and constructed in 2011 in the posh Le Lac gated community known for its beautiful landscape and 60 acres of interconnecting lakes. The community consists of only 32 custom built homes and provides its residents with plenty of privacy and security. The home is a short distance from Florida’s Turnpike, several schools, coffee shops, supermarkets and restaurants. The beauty of the Le Lac Estate and its proximity to so many points of interests makes this home a true gem that promises the ultimate in luxury living. For more information on Le Lac Estate, please visit Photography Courtesy of Douglas Elliman

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