Limestone Asset Management, a real estate investment firm based in Miami, sold the property for $5.5 million.
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The rise is primarily attributed to one thing: housing costs.
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The Pines is Minto’s seventh new single-family home neighborhood since opening Westlake in 2017.
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The Elser Hotel & Residences has one of the best-designed amenity decks SFBW has ever seen.
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Team Simpkin of Compass, the Official Real Estate Partner of Inter Miami CF, represented the soccer star during the transaction.
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Publix Supermarket and Burlington anchor the 135,000-square-foot shopping center.
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Jesta Group, a real estate investment firm based in Montreal, purchased the Clevelander Hotel and the adjacent Essex House for $28.5 million in 2018.
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She also owns a $1.25 million, three-bedroom home in Surfside.
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The luxury gated community represents the only housing development on the market in the East Fort Lauderdale area.
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The project is 80% sold; owners will share the towers with SeaHawk Prime by David Burke.
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But Miami’s rental rates remain stronger than most.
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Realtor David S Robertson with Real Estate Community Advisor LLC is the listing broker.
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