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Expected to begin within the next few weeks, the aging property will be transformed into a 250,000-square-foot open-air retail center. The project is expected to be completed between 2027 and 2028.
A majority of the Vero Beach City Council voted on March 10th to relinquish control of the airport’s parking lots and approved a $243,000 change order for the consultant designing the parking system.
Scheduled for completion in the fourth quarter of 2029, the project will feature two 20-story towers containing 132 condo residences, along with six townhomes and 17 guest suites.
National real estate company and multifamily developer Thompson Thrift recently celebrated the grand opening with a ribbon-cutting ceremony. The 276-unit Class A community marks a significant addition to the Vero Beach housing market.
Florida’s tax benefits have made the state an attractive destination for entrepreneurs, investors, and high-net-worth individuals. Miami, in particular, has emerged as a new hub for tech entrepreneurs seeking favorable tax conditions.
Since its Jan. 20 debut, the free water taxi service has carried about 900 riders per day. For now the route connects Miami Beach and Miami, but officials envision a broader network.
Coconut Grove is rapidly morphing into the city’s newest billionaire enclave, fueled by a wave of nine-figure real estate deals.
Island brokers and builders say interest from South Florida luxury buyers has surged, driven by Vero’s relative affordability and its uniquely relaxed, refined lifestyle.
Even as the post-pandemic real estate boom cools, home prices in the Sebastian–Vero Beach metro area continue to rise.
Miami’s economic momentum continues to be driven by solid consumer spending and ongoing construction activity. Growth in the first quarter is expected to exceed national averages, reaching approximately 2.5% to 3%, although lingering economic uncertainties warrant caution.
Ven-American Real Estate, Inc. established in 1991, is a full service commercial and residential real estate firm offering brokerage and property management services.
Ven-American Real Estate, Inc.
2401 SW 145th Avenue, Ste 407
Miramar, FL 33027
Brokerage & Property Management Services
Phone: 305-858-1188