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Search Results : Real Estate

Data Points from Southeast Multifamily Forum

March 26, 2019
Jeffrey R. Margolis  |  Real Estate

The Southeast Multifamily Forum provided the latest market data, analytics and analysis on the Southeast Multifamily Market.  Highlights of the data points presented include the following:[…]

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Disclosure of Special Taxing Districts

March 21, 2019
Jeffrey R. Margolis  |  Taxation, Real Estate

My January 23, 2019 post explained that Miami-Dade County was considering an amendment to the Code of Miami-Dade County relating to the disclosures required by a seller of residential property located within a special taxing district. […]

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Miami-Dade County to Consider Ordinance Requiring Disclosure of Special Taxing Districts

January 23, 2019
Jeffrey R. Margolis  |  Real Estate, Residential Real Estate, Taxation

Miami-Dade Board of County Commissioners will consider today for first reading an amendment to the Miami-Dade County Code which would require sellers of residential property located within a special taxing district to disclose to buyers that such property is located within a special taxing district and subject to payment of assessments.[…]

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Assessing Mixed-Use Projects in Florida in 2019

December 12, 2018
Barry D. Lapides  |  Real Estate, Taxation

The desire for live, work and play lifestyles is not slowing down in Florida as major mixed-use projects are continuing to be developed throughout the state, from Miami Worldcenter to the Cascades Project in Tallahassee. However, the popularity of these mixed-use projects has created a legal conundrum.[…]

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Considerations When Buying Contaminated Property

October 16, 2018
Jeffrey R. Margolis  |  Environmental, Real Estate

The availability of large tracts of land on which to build new projects in advantageous locations is shrinking. As a result, there is a growing trend of buyers considering the purchase of properties with unresolved environmental issues that they never would have considered in the past due to, among other things, potential liability, internal risk[…]

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The Business of Marijuana and How it Will Affect the Real Estate Market

June 27, 2018
Jeffrey R. Margolis  |  Real Estate

Florida, along with 28 other states, have legalized marijuana for medicinal purposes. In addition, nine states and the District of Columbia have legalized marijuana for recreational use. The growth of the legal cannabis industry is proving to be big business, not only for growers and sellers, but also for owners of real estate serving the industry. The[…]

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Florida State Sales Tax Rate on Commercial Real Property Leases Reduced Further Beginning January, 2019

May 17, 2018
Barry D. Lapides  |  Real Estate

As a follow up to my November 2017 post, the Florida Legislature passed a tax bill (HB 7087) which includes a further reduction in the sales tax rate on commercial leases. As anyone who is involved in leasing commercial real property in Florida is aware, the State of Florida imposes a sales tax on rental payments for the lease of real property. The tax[…]

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David Beckham-backed MLS Stadium Can Provide Assist to South Florida Real Estate Market

April 24, 2018
Joshua B. Brandsdorfer  |  Real Estate

As the Miami Heat gear up for the playoffs, the Miami Marlins get ready for Opening Day under new management, and the Miami Dolphins prepare for the NFL Draft, a new Miami sports franchise is still just trying to find a place to call home. This past January, to great fanfare in downtown Miami, Major League Soccer (MLS) officially announced league approval[…]

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Governor Signs Community Association and Condominium Legislation

March 29, 2018
Jeffrey R. Margolis  |  Condominiums, Real Estate

Following up on my February 16, 2018 post, Florida Governor Rick Scott signed House Bill 617, House Bill 841 and Senate Bill 7087 into law. Senate Bill 7087, which is the comprehensive tax package for the legislative session, authorizes vertical subdivisions of real property, specifically authorizing assessment of a “multiple parcel building” by[…]

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Affordable Housing in Florida: The Crisis is Real

March 27, 2018
Iryna Ivashchuk  |  Real Estate, Residential Real Estate

One of the biggest barriers to economic stability for households in the United States is the severe shortage of affordable homes. A household is considered severely cost burdened if it spends more than 30% of its income on housing (rent or mortgage payments). Florida is in the midst of an affordable housing crisis with the third largest homeless[…]

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Interesting Data Points From Southeast Multifamily Forum

March 26, 2018
Jeffrey R. Margolis  |  Real Estate

The Southeast Multifamily Forum provided information and statistics regarding the state of the multifamily real estate market, investment opportunities, trends. Below are some of the highlights. State of the Market After the election, growth in the multifamily real estate market picked up, not because of who was elected, but because uncertainty[…]

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Homeowners Association and Condominium Association Related Bills

February 16, 2018
Jeffrey R. Margolis  |  Condominiums, Real Estate

2018 Florida Legislative Session Update The 2018 Florida legislative session is in full swing with a number of proposed bills relating to homeowners associations and condominium association currently being considered. If passed by the legislature and signed into law by the governor, these bills will have a significant impact on operations of homeowners[…]

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