This free-standing building with 14 parking space at 3860 SW 8 Street, Coral Gables is a great buy.  Located in the popular medical district of 8th Street and Ponce de Leon, it is a great buy: 6535 square feet for $1,300,000 is less than $200 per square foot.  You can’t build a new building for […]

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This updaated and well maintained office building is in the bustling medical and office district of 8th street, between Galiano and Ponce De Leon in Coral Gables.  Hurricane shutters, 14 parking spaces, an automatic gate and great location, make this an ideal building for an owner-user.  6,535 square feet at $229 per square foot.

I first visited breathtakingly beautiful San Jose Island was two years ago. After arriving at the Tocumen airport in Panama City, less than a three hour flight from Miami, I jumped on an Air Panama flight for the short 20 minute flight to the island. As we were flying over the Gulf of Panama, I […]

According to NAR an improvement in the economy, coupled with an increase of liquidity in Commercial Mortgage Backed Securities, is projected to decrease current vacancy rates across the commercial sectors. Although these are positive indications that the commercial sector didn’t fall as far or for as long as the residential market, it is still a […]

In case you missed my posts on the projected economic improvement of South Florida and Miami-Dade in particular, read today’s front page Miami Herald article, Forecast calls for robust rebound in Dade. Previous posts I have written include a lot more detail if you want to read more: Commercial Real Estate Starting To Pick Up […]

In case you missed my posts on the projected economic improvement of South Florida and Miami-Dade in particular, read today’s front page Miami Herald article, Forecast calls for robust rebound in Dade. Previous posts I have written include a lot more detail if you want to read more: Commercial Real Estate Starting To Pick Up […]

The recent up-tick in consumer spending has resulted in an increase in demand for retail space.  Since the multi-family and office had been showing improvement, this is a good sign the economy is starting to pick up. On a local level, Miami Today reported  the following increases in November: Total taxable sales are up 7.5% […]

There was so much good news about economic activity in the Miami Today, today that I had to share some of the ones that popped out at me.  In addition to the one about all of the economic growth numbers from November (see tomorrow’s post), the following things jumped out at me as a good […]

The Small Business Jobs Act that passed Congress last year requires all property owners that rent out properties to file a 1099 for each vendor who does $600 or more in work.  Even if you only rent out a single property, you must collect the following for each vendor: name address Social Security or Federal […]