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.
Once dismissed as “Zero Beach,” Vero Beach is increasingly proving itself as a refined, tranquil alternative for luxury buyers seeking space, value, and a slower pace of life.
The 0.91-acre development site at 340 Biscayne Blvd. is approved for an 82-story tower with about 950,000 square feet of sellable space, including 374 condominium units and 120 hotel rooms. The new auction is scheduled for Jan. 28.
The bankruptcy auction has been accused of unfairly leaving out other bidders.