We love reporting Master Brokers Forum “member to member” deals! In this recent transaction, Krista Richman Thomas brought the buyer for this beautiful Tim Singer listing in Victoria Park. (“Sold” listing link with details below.) Congratulations! http://www.coldwellbankerhomes.com/fl/fort-lauderdale/1005-ne-6th-st-unit/pid_51076208/

MASTER BROKER LISTING: Master Brokers Forum member Al Arostegui presents this “Malibu Beach House” offering an unrivaled lifestyle on one of Coconut Grove’s most charming streets. This incredible home offers the best Miami views from Biscayne Bay to the breathtaking skyline. Boasting an open space concept, a stunning entertainment deck to host indoor/outdoor gatherings, and new private dock, this hidden gem is a "must see" at an incredible price! 3500 North Bay Homes Drive is currently listed for $16,900,000 by Al Arostegui, who can be reached at 305.962.1119 and/or aarostegui@onesothebysrealty.com. (Listing link below.)

https://www.masterbrokersforum.com/Miami.../A11142153.htm

"Now, the strength of its neighbors is having a spillover effect on Fort Lauderdale and surrounding Broward County, 𝙜𝙞𝙫𝙞𝙣𝙜 𝙗𝙪𝙮𝙚𝙧𝙨 𝙞𝙣 𝙩𝙝𝙞𝙨 𝙧𝙚𝙡𝙖𝙩𝙞𝙫𝙚𝙡𝙮 𝙢𝙤𝙧𝙚 𝙖𝙛𝙛𝙤𝙧𝙙𝙖𝙗𝙡𝙚 𝙡𝙪𝙭𝙪𝙧𝙮 𝙢𝙖𝙧𝙠𝙚𝙩 𝙖 𝙜𝙧𝙚𝙖𝙩 𝙤𝙥𝙥𝙤𝙧𝙩𝙪𝙣𝙞𝙩𝙮 𝙛𝙤𝙧 𝙡𝙤𝙣𝙜-𝙩𝙚𝙧𝙢 𝙛𝙪𝙩𝙪𝙧𝙚 𝙪𝙥𝙨𝙞𝙙𝙚." http://www.mansionglobal.com/articles/nestled-between-two-luxury-home-powerhouses-fort-lauderdale-homeowners-are-primed-for-future-upside-d9317733

This week's first-ever Miami chapter Master Brokers Forum/City National Bank of Florida "Lunch and Loans" meeting brought members Jorge Fernandez, Janet B. Cabada Medina, P.A., Jena Congdon, Al Arostegui, and David Sporn together to learn about the bank's impressive array of products and services. Thanks always to our friend Rich Campanella for hosting and special thanks to MBF board member Christopher Zoller.

"The list ranks the total market value of residential real estate by state...Florida took the No. 2 spot with its housing market valued at $3.63 trillion..." http://southfloridaagentmagazine.com/2023/03/20/florida-makes-top-10-list-of-most-valuable-housing-markets/

There are at least 15 cities in South Florida where the typical home is worth at least $1 million...it makes South Florida one of the areas with the most "millionaire cities" in the country. (Featuring keen insight from Master Brokers Forum members Melissa Miller and Alicia Cervera.) http://www.sun-sentinel.com/real-estate/fl-bz-million-dollar-cities-south-florida-20230320-5phrnl35sradxdxlnqxnojahei-story.html

SPOILER ALERT #1 on this list rhymes with "Crinepest" http://www.bizjournals.com/southflorida/news/2023/03/21/niches-best-places-to-live-in-south-florida.html

"Black-owned home values in the Miami-Fort Lauderdale metro area increased 50% between January 2020 and January 2023...𝙨𝙪𝙗𝙨𝙩𝙖𝙣𝙩𝙞𝙖𝙡𝙡𝙮 𝙝𝙞𝙜𝙝𝙚𝙧 𝙩𝙝𝙖𝙣 𝙩𝙝𝙚 𝙣𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙚 𝙛𝙤𝙧 𝘽𝙡𝙖𝙘𝙠-𝙤𝙬𝙣𝙚𝙙 𝙝𝙤𝙢𝙚𝙨 (42%)." http://www.axios.com/local/miami/2023/03/17/miami-black-owned-home-values

MASTER BROKER LISTING: Master Brokers Forum member Luis Alvarez presents this luxurious residence in Palmetto Bay. This turnkey home was totally updated in 2019, making it an entertainer's paradise! The property features four bedrooms and three bathrooms, 4,471 square feet, an open floor plan, lots of natural lighting, high vaulted ceilings with recessed LED lighting, gorgeous new Italian flooring throughout, spacious living and dining room, a stunning gourmet kitchen with top of the line stainless steel appliances overlooking the backyard, a huge great room to entertain family and friends, updated bathrooms, a cabana bath, impact windows and doors, a laundry room, a spacious covered terrace, a 18,665 square foot lot (with room for a pool and summer kitchen), a two-car garage, and circular driveway.

7720 SW 177th Street in Palmetto Bay is currently listed for $1,349,000 by Luis Alvarez, who can be reached at 786-942-7712 and/or 9alvarez@bellsouth.net.

http://www.luisalvarezrealestate.com/info/property/residential/A11356542/

Special thanks to our friends at Panther National for sponsoring yesterday's wonderful Master Brokers Forum board meeting, and deepest gratitude to MBF board member Susan Nelson for hosting in her spectacular Lighthouse Point home!

Visit www.PantherNational.com to learn more about the extraordinary estates being created in their Palm Beach Gardens golf club.

Scenes from last night's FANTASTIC Master Brokers Forum dinner and panel discussion, generously hosted by our amazing friends at The Village at Coral Gables, MG Developer, ONE Sotheby's International Realty, and ONE Sotheby's Development Division!

"The average size of newer Miami apartments is 912 square feet, nearly 3% bigger than the 2022 national average of 887 square feet, per a new report from listing service RentCafe." http://www.axios.com/local/miami/2023/03/15/miami-apartments-size-average

MASTER BROKER LISTING: MBF member Richard Feldman presents this Ft. Lauderdale yachtsman’s paradise! A rare and luxurious waterfront estate located in the exclusive community of Seven Isles, in the heart of Las Olas. The design of this mansion has been conceptualized and brought to life, bringing South Florida’s natural beauty indoors. Enter the home to find an open floor plan offering high vaulted ceilings. Features of this gorgeous six bedroom, six and one-half bathroom residence include impact windows and doors, in-home gym, huge master suite with large balcony overlooking the water, wet bar, three car garage with lift, complete water filtration system, and a standby generator running off natural gas. Expansive outdoor terrace surrounded by immaculate landscape with outdoor lighting and a large pool and spa. 100 feet of water frontage with deep water canal and quick access to the ocean - perfect for big yachts or multiple boats. 27 Pelican Drive is currently listed for $5,650,000 by Richard Feldman of Miami Waterfront Realty, who can be reached at (305) 970-2884 and/or richardtoddfeldman@gmail.com. (Listing link below.) https://www.miamiwaterfrontrealty.com/mls/A11291653

MEMBERS ONLY: Another signature Miami Master Brokers Forum event, generously hosted by The Village At Coral Gables. All active Master Brokers have been emailed this invitation, please check your inbox for RSVP instructions.

“And then you have successful people with big businesses who want to create their residency in Florida to save on taxes," says (Master Brokers Forum member) Jaclyn Bild. "Many jobs have become more flexible, and you longer need to go into the office and be in the cold. And it’s more affordable than New York.” (Article link below.) https://lnkd.in/eM4KTuWb

THANK YOU to our friends at Five Park for hosting yesterday's Miami Master Brokers Forum board meeting! We appreciate the hospitality and the opportunity to learn about this amazing project.

"Miami wasn’t the only city in South Florida to make the cut. Broward County and Palm Beach County, combined, ranked seventh with 117 deals of $10 million or more, and 18 of $25 million or more in 2022." http://therealdeal.com/miami/2023/03/02/miami-fifth-top-city-for-the-worlds-ultrarich/

This Master Brokers Forum member represented the seller in this record-breaking $38.5M Bay Point sale; more than DOUBLE the previous Bay Point record. (Article link below.) Congratulations! http://therealdeal.com/miami/2023/02/28/concrete-mogul-sells-bay-point-mansion-for-record-39m/

MASTER BROKER LISTING: Master Brokers Forum member Consuelo Stewart presents 8,300-plus square feet of living and entertainment spaces in this stunning Cocoplum home with high ceilings throughout. The wide foyer leads to the formal living room overlooking the inviting patio and pool. Adjacent to the living room, another living area is being used for entertainment. Guest suite/office on first floor. 7370 Los Pinos Blvd is currently listed for $12,200,000 and Consuelo can be reached at 305.216.7348 and/or cstewart@sheltonandstewart.com. (Listing link below.) http://consuelostewart.com/coral-gables-properties/7370-los-pinos-blvd-cocoplum-sec-1-coral-gables-fl-33143-mls-a11266595-1/

LISTEN: Miami Master Brokers Forum chair Iliana Abella and past chair Alicia Cervera Lamadrid team up for a lively and entertaining conversation about the MBF, South Florida real estate trends, and ChatGPT on this edition of the Miami Real Estate Podcast, hosted by Omar De Windt! http://miamirealestatepodcast.podbean.com/e/master-brokers-forum/

See article at: https://lnkd.in/eqwE6w6R

"Whether it’s a private dock, bijoux slip or membership to a nearby marina and fancy sailing club, properties that bring boating directly to your front door are now at a premium...and nowhere more so than in South Florida, where private boat facilities are appearing at choice condo towers, boutique developments and grand estates citywide."

(Article link below, featuring comments from Master Brokers Forum member Michael Martirena.) http://nypost.com/2023/02/21/boat-friendly-pads-are-heating-up-south-florida-real-estate/

"This trend has been exacerbated by uber-rich professionals who have made the move from urban areas such as the Upper East Side or San Francisco’s Nob Hill to sunnier pastures." (Article link below.) http://robbreport.com/lifestyle/news/florida-most-expensive-neighborhoods-1234808364/

A huge thank you to the fabulous Casamar Luxury Residences for hosting yesterday's sun-kissed Gold Coast Master Brokers Forum board meeting!

"With new data on the number of U.S. realtors indicating declining membership growth this year as agents head for the door in once-hot markets, 𝙧𝙚𝙖𝙡 𝙚𝙨𝙩𝙖𝙩𝙚 𝙚𝙭𝙥𝙚𝙧𝙩𝙨 𝙥𝙧𝙚𝙙𝙞𝙘𝙩 𝙁𝙡𝙤𝙧𝙞𝙙𝙖 𝙬𝙞𝙡𝙡 𝙨𝙩𝙖𝙮 𝙨𝙩𝙚𝙖𝙢𝙞𝙣𝙜 𝙙𝙚𝙨𝙥𝙞𝙩𝙚 𝙩𝙝𝙚 𝙚𝙭𝙤𝙙𝙪𝙨." http://www.foxbusiness.com/real-estate/florida-real-estate-market-staying-hot-despite-agent-exodus

MASTER BROKER LISTING: Master Brokers Forum member MJR Groupe - Melissa Jane Rubin Team presents this beautiful Eight Seven Park residence; an architectural masterpiece designed by the prominent Renzo Piano Building Workshop. (Link with details below.) This corner suite offers spacious living space and an additional 1,433 square-foot terrace with a private barbeque. 8701 Collins Avenue, Unit 306 is currently listed for $2,900,000 and Melissa can be reached at 305.984.7706 and/or melissaj@compass.com. http://www.masterbrokersforum.com/Miami-Beach-mls-listing/A11151270.htm

"Thanks to multiple years of aggressive development in the form of mid- to high-rise construction projects...Fort Lauderdale and other South Florida cities are enjoying a Renaissance in luxury living and new business in the form of professionals relocating from major northern and U.S. cities." http://www.sun-sentinel.com/business/fl-bz-south-florida-high-rises-20230211-tytm6pn5yrar7buod7hrfjbhm4-story.html

The Miami, Palm Beach and Fort Lauderdale boat shows prove that there is no shortage of yachting interest in Southern Florida and this is also translated into property values. “People that live in Miami want to live on the water, it’s a huge part of the lifestyle." (Featuring insight from Master Brokers Forum member Eloy Carmenate.) http://www.boatinternational.com/boat-presents/savills-miami-property-for-sale

MASTER BROKER LISTING: Master Brokers Forum members Rose and Dean Sklar Real Estate Team present this Weston "entertainers delight" with nothing left to be desired. One acre of private lakefront property, fully fenced with a heated salt pool, raised spa, and beach entry. 2711 Lake Ridge Lane is currently listed for $5,500,000, and Rose and Dean can be reached at (954) 298-3616 and/or rose@sklarteam.com. http://www.masterbrokersforum.com/Weston-mls-listing/A11327580.htm

"Billionaire Stephen Ross, founder of the firm that developed Manhattan’s Hudson Yards, is pushing deeper into South Florida in a bet that wealth will continue migrating from the Northeast." http://www.bloomberg.com/news/articles/2023-02-08/nyc-wealth-exodus-drives-billionaire-s-bet-on-south-florida-boom?sref=MTy2GeXk#xj4y7vzkg

"MIAMI experienced the largest increase in people moving in from before the pandemic...major metro areas like New York, San Francisco and Chicago saw more people leaving than moving in. Instead, people fled to cities in FLORIDA, Texas, North Carolina and South Carolina." http://www.axios.com/local/miami/2023/02/07/miami-migration-moving-pandemic

"A New Yorker comes here, a family from California comes here, and even though prices have appreciated significantly since 2020, 𝙛𝙤𝙧 𝙩𝙝𝙚𝙢 𝙬𝙚 𝙖𝙧𝙚 𝙖 𝙗𝙖𝙧𝙜𝙖𝙞𝙣." http://www.cbsnews.com/miami/news/employment-seekers-from-around-us-attracted-to-jobs-in-florida/

SUBSCRIPTION REQUIRED: This fascinating report shows the top 20 US markets ranked by 2022 $10M+ sales volume. On the basis of percentage change (compared to pre-pandemic 2019) M͟i͟a͟m͟i͟ ͟w͟a͟s͟ ͟t͟h͟e͟ ͟#͟2͟ ͟m͟a͟r͟k͟e͟t͟ ͟a͟t͟ ͟+͟2͟7͟3͟.͟8͟4͟%͟. 𝗧𝗵𝗲 #𝟭 𝗺𝗮𝗿𝗸𝗲𝘁? 𝗕𝗿𝗼𝘄𝗮𝗿𝗱 𝗖𝗼𝘂𝗻𝘁𝘆, 𝗮𝘁 𝟱𝟮𝟴.𝟳%. (Article link below, with insight from Master Brokers Forum member Liz Hogan.) http://www.inman.com/2023/02/03/fueled-by-new-wealth-ultra-luxury-real-estate-tallies-big-year-in-2022/

A fascinating interview with Master Brokers Forum past chair and Legacy Award honoree Alicia Cervera Lamadrid.

The first Master Brokers Forum/City National Bank of Florida "Lunch and Loans" meeting was a huge success! Gold Coast chapter members Matt Krac, Bonnie Metviner CRS, Denice Landaeta, Diana Fairbanks, and Daniela Melaniti gathered to talk shop and learn about the bank's unique and flexible home loan programs. Thanks to Rich Campanella and Carol Abramczyk for the great information. (MASTER BROKERS: Stay tuned for more lunches in Miami and Gold Coast!)

How did Miami real estate compare to the rest of the United States in 2022 (𝙎𝙋𝙊𝙄𝙇𝙀𝙍 𝘼𝙇𝙀𝙍𝙏: 𝙥𝙧𝙚𝙩𝙩𝙮 𝙙𝙖𝙧𝙣 𝙬𝙚𝙡𝙡), and what does 2023 have in store? We explore in this edition of "South Florida by the Numbers"; a Master Brokers Forum partnership with The Real Deal. http://therealdeal.com/miami/2023/01/31/south-florida-by-the-numbers-a-look-back-at-2022/

“MIAMI continues to grow in overall population and number of businesses. Our housing market is still in high demand. All of the indicators are showing demand is remaining high, and we’re not seeing returns back to where people were moving from." http://www.miamiherald.com/news/business/real-estate-news/article271754357.html

WATCH: Highlights from this month's amazing Gold Coast Master Brokers Forum 2023 Kickoff Event, generously hosted by our friends at Sixth and Rio. (Special thanks to videography sponsor Integrity Title, Inc.!) https://youtube.com/shorts/E38LPlWJF1M?feature=share

THANK YOU to our friends at The Standard Miami Residences for hosting yesterday's fantastic and productive Miami Master Brokers Forum board meeting! Learn more at https://thestandardmiamiresidences.com/

"MIAMI ranked No. 8 on (Zillow's) hottest markets list and is one of the few cities that has maintained its price growth with little to no dropoff since mortgage rates started rising..." http://southfloridaagentmagazine.com/2023/01/17/miami-hottest-housing-markets-2023/

MASTER BROKER LISTING: Master Brokers Forum member Lynley Ciorobea presents this sophisticated "Hamptons meets Key West" home in north Pinecrest for $5.8M. (In partnership with PROFILEmiami.) http://profilemiamire.com/miamirealestate/2023/1/24/master-brokers-forum-listing-check-out-this-hamptons-meets-key-west-style-north-pinecrest-home-asking-58-million

"Goldman Sachs is forecasting MIAMI home prices will rise slightly by the end of the year – one of only two major markets in the report expected to see an increase." http://www.thenextmiami.com/goldman-sachs-forecasts-miami-housing-market-to-outperform-in-2023/

This Master Brokers Forum member brokered both sides of this record-setting sale in Hallandale Beach. (Article link below.) Congratulations! http://www.bizjournals.com/southflorida/news/2023/01/19/mansion-sale-sets-price-record-in-hallandale-beach.html

"International investment in Miami's real estate market has spiked over the last year...Foreign buyers picked up $6.8 billion of South Florida residential real estate between August 2021 and July 2022..a 34% increase from the sales volume the year prior." http://www.axios.com/local/miami/2023/01/20/miami-real-estate-foreign-buyers-homes

Master Brokers Forum board member Andres Asion believes this text-producing artificial intelligence technology is a game-changer for real estate. Thoughts? http://therealdeal.com/2023/01/16/brokers-meet-your-new-personal-assistant-chatgpt/

Scenes from last night's FABULOUS Gold Coast Master Brokers Forum 2023 Kickoff Event, generously hosted by our friends at Sixth & Rio! Thanks to all members who attended and collectively donated more than $800 to The Pantry of Broward.

This Master Brokers Forum member represented the seller in one of the top two Miami condo sales last week; a $7.6M transaction in Coconut Grove. (Article link below.) Congratulations! http://therealdeal.com/miami/2023/01/17/grove-at-grand-bay-one-thousand-museum-tie-for-priciest-weekly-condo-sale/

BEST OF LUCK to Master Brokers Forum members Ashley Cusack, Eloy Carmenate, Dora Puig, and Karen Elmir, who are all nominees in tonight's prestigious awards event! http://www.hollywoodreporter.com/lifestyle/real-estate/the-hollywood-reporter-inaugural-miami-palm-beach-power-broker-awards-1235294826/

☀️⬆️ "Florida’s population increased 1.9% between 2021 and 2022 – FASTER THAN ANY OTHER STATE IN THE NATION, according to the Census Bureau. It is the first time since 1957 that Florida has ranked #1 for growth on a percentage basis." http://www.thenextmiami.com/florida-was-the-fastest-growing-state-in-2022-census-says/