“The Downtown Miami market continues to show marked resiliency in the face of global economic headwinds, and the low buyer leverage makes bubble-fears appear overblown for the second straight year,” says Tony Graziano, Author of the recently released Miami DDA Annual Residential Market Report. “The current real estate market is nearing a soft landing as opposed to the crash it experienced in the last cycle where over-speculation and over-leverage dominated development activity.” Plus, a new full-time community is developing with 96% of units owner- or tenant-occupied, which in turn is fueling strong commercial growth.
The epitome of island living at its finest with plenty of space for family fun and entertaining, this recently remodeled 4 bed/3 bath townhouse at 668 Fernwood Road #2 in Key Biscayne is the perfect place to call home.
California Closets Miami’s new, soon to open showroom is where dreams become reality. All set in a warm and welcoming space that immerses one in their large selection of design solutions, styles, finishes and accessories for every room in the home.