Now is the time to cash in on South Florida real estate investments, says Tara Baptiste, a Realtor with Brown Harris Stevens Miami: She recently helped one client earn a whopping $3.1 million profit from the sale of a home he purchased 14 months prior. “I’m seeing a lot of people buying and selling and taking advantage of the market,” she says. “It’s been crazy the last year.” The 4,170-square-foot house, which Miami-based architect Choeff Levy Fischman designed on Miami Beach’s exclusive, manmade Hibiscus Island, has many desirable features, ranging from its modern-yet-neutral finishes to its seamless indoor/outdoor elements. When she saw the fully furnished five-bedroom, 5.5-bathroom home listed in 2021 for $12.5 million, Baptiste immediately pitched it to her client as a potential secondary residence. “The listing agent had already shown it several times that day,” she recalls. “I told him he’d have to make a full-price offer.” However, she adds, “I felt we got a great deal. It could’ve gone for more.” The property is positioned enviably in a gated community, features a complete Crestron smart home system and boasts a heated saltwater pool and wading area. But Baptiste says the highlight of the home, built in 2017, is its location: “Waterfront is so hot. And very hard to come by. There’s no inventory. Typically, the homes with views need complete gut renovations, and a very small percentage of my clients want to renovate, especially now that the cost of building supplies has risen up exponentially.”

It was a heartening experience to talk to cover subject Carlos Rosso about his mid-career pivot: He’s 55—a very stylish and charismatic 55—and after being a South Florida fixture as a top executive at the Related Group for two decades, Rosso is finally on his own, as the principal of Rosso Development. After developing some of the region’s most coveted condominium towers under Jorge Perez, Rosso has made a separate splash with the launch of One Park Tower at SoLé Mia and the Standard Residences Midtown Miami, the first of its kind in the world. The latter, especially, represents a canny and audacious move, with the halo effect of the Standard name sure to garner interest and headlines all over the world. And Rosso is not stopping at South Florida; he’s also developing Lake Hue Residences, Lodge and Marina, in Bariloche, in Patagonia, an especially scenic region of Argentina.

When you complete a project and the client says, “I want more,” that’s the best-case scenario for any consultant or contractor—in any business—and it was especially sweet for Raymond Jimenez, founder and creative director of the architecture and design firm Raymond Nicolas. More of Jimenez is what the world is about to get: Ray and his designer wife Eilyn will soon debut their new Netflix show, Designing Miami, on September 21. But back to that happy client: Jimenez is known for his lush and tasteful residential projects, but his first large-scale commercial project was the lobby of 4Midtown in Miami; the 32-floor tower contains 392 units, from studios to three-bedroom residences. When the apartment building was converted into a condominium building in 2013 and required a facelift, the designer was tasked with a full renovation of the common areas. The design studio of four set to work renovating the building’s lobby, pool deck, fitness center, corridors, elevator cabins and common restrooms. The custom curved glass reception desk divides two separate seating areas: one with a muted, more calming ambiance; the other with brighter, more colorful finishes. Jimenez called on such vendors as AxoLight, Modular Arts and the Rug Co., and this particular alchemy so impressed his developer clients—Beztak Properties and Gold Krown Investments—that he found himself on the receiving end of another request.