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.