SOUTH FLORIDA NEWS - September, 2025

Edgewood Flood Concerns Challenge Fort Lauderdale Rezoning Plan

A vacant 5-acre parcel in Edgewood, Fort Lauderdale is making headlines. Developer Ecoar LLC, managed by Aylwin Bustillos Tomas Miguel, has proposed a 67-unit townhome project at 1000 SW 26th St. The homes would be two stories (26 feet) tall, with shared amenities like a clubhouse, pool, and landscaped walkways. The development hinges on approval of a Fort Lauderdale rezoning application.

Ecoar LLC purchased the parcel for $4.85 million in 2020. The property is bordered by single-family homes, a hotel to the north, and a church next door. The developer is requesting a Fort Lauderdale rezoning from single-family low-medium density to low multifamily medium density.

What the Rezoning Request Involves?

The developer claims the project would serve as…

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Fort Lauderdale Arts Park Deal Collapses Over Broken Promises

Fort Lauderdale gave away $35 million worth of land, and got nothing in return. What was supposed to be a transformational Fort Lauderdale Arts Park in the heart of Flagler Village has turned into a major headache for city officials. With no construction, no permits, and mounting transparency concerns, the city is pulling the plug on the deal. Here's everything you need to know about why Fort Lauderdale is walking away from this once-hyped project.

The Big Promise Behind the Fort Lauderdale Arts Park

A $140 Million Vision in Flagler Village

In 2022, a plan emerged to build a $140 million Fort Lauderdale Arts Park and entertainment destination at 301 N. Andrews Avenue in Flagler Village. This 3.3-acre parcel of public land was supposed to become a…

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ServiceNow Joins the Rise of Tech Companies in West Palm Beach

Once overlooked in favor of Silicon Valley or New York, West Palm Beach  is now attracting some of the world’s largest enterprise software firms, including Fortune 500 giant ServiceNow. Tech companies in West Palm Beach are quickly turning the city into one of the most exciting emerging tech hubs in the United States. 

Alongside innovation and investment, this transformation is also reshaping the local real estate market, creating new opportunities for buyers, sellers, and investors. For those watching the rise of tech companies in West Palm Beach, this trend signals not just an economic shift, but a direct impact on property values, rental demand, and long-term investment potential in South Florida.

Inside ServiceNow’s Billion-Dollar Bet on West…

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Glass House Boca Raton Status Update: Fall 2025

Last time we introduced you to Glass House Boca Raton, we talked about the vision for this boutique project and how it’s set to reshape the luxury landscape in Downtown Boca. Since then, things have been moving quickly. 

Sales are underway, pricing is more transparent, and we’re seeing strong interest from buyers who want something truly modern in the heart of the city. The architect for this design is the very impressive Garcia Stromberg, who is also responsible for other Boca Raton luxury condos such as Alina and One Thousand Ocean. Here’s the latest on this one-of-a-kind project. 

Quick Snapshot

• Delivery Date: Summer 2027

• Deposit Structure: 25% at contract | 10% summer 2026 | Balance at closing

• Total Residences: 28…

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Rybovich Marina Redevelopment to Bring $2B Waterfront Transformation

The long-anticipated Rybovich Marina redevelopment is poised to change the face of North Flagler Drive in West Palm Beach. Backed by the Huizenga family and Integra Investments, this $2 billion project is far more than just another luxury condo development — it’s a complete reimagining of the waterfront experience for the ultra-wealthy and, potentially, for the public too.

A New Vision for West Palm Beach Waterfront Living

West Palm Beach has rapidly become a magnet for high-net-worth individuals seeking modern, amenity-rich homes with yacht access. As prime waterfront land becomes increasingly scarce, the Rybovich Marina redevelopment stands out as one of the last large-scale, transformative projects available in the area.

The Team Behind the…

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Bocora Project in Boca Raton Gains City Approval

A major new project in Boca Raton is moving forward after receiving a green light from the city's Planning and Zoning Board. The joint venture behind the development, Beztak and Wexford Real Estate, plans to expand their Bocora Residential Center, located at 6419 Congress Avenue within the Amtec Center business park. This expansion will bring new housing options, a public gym, and a private school to one of South Florida’s most in-demand cities.

What Is the Bocora Residential Center?

The Bocora apartment project was originally approved as an eight-story residential building with 277 units. With the recent approval, developers will now add 21 additional units, increasing the total to 298 apartments and expanding the living space by approximately…

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Inside Florida DOGE: DeSantis’ Audit Push on Local Governments

In early 2025, Florida Governor Ron DeSantis launched a bold initiative aimed at rooting out what he describes as "waste, bloat, and inefficiency" in local government budgets. Dubbed Florida DOGE (Department of Government Efficiency), the program seeks to audit and investigate how counties, cities, and school districts spend taxpayer money. 

Inspired by Elon Musk's efforts to reduce government waste at the federal level, DeSantis' version brings the fight local. The Florida DOGE task force, led by former Trump-appointed inspector general Eric Soskin, was created by executive order and is supported by a small army of auditors from various state agencies. 

The Florida DOGE initiative is also politically charged. Of the twelve municipalities currently…

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Palm Beach Tops the List of Richest Suburbs in Florida

Think Miami is the wealth capital of Florida? According to new rankings, it’s Palm Beach that takes the crown. With an average household income of $356,467 and homes routinely selling for yacht-level prices, this coastal town now tops the list of the richest suburbs in Florida.

Florida's Wealthiest Suburb Just Made National Headlines

A recent report from GOBankingRates ranked Palm Beach as the richest suburb in Florida and 13th wealthiest in the entire United States. Other high-ranking Florida suburbs included Pinecrest near Miami and Lake Butler outside Orlando. But none came close to Palm Beach’s income levels or real estate values.

• Average household income: $356,467

• Typical home value: $10.21 million

• Population: Around…

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The Berkeley Secures a $62.5M Loan for West Palm Beach Luxury Condos

A $62.5 million pre-construction loan from New York-based JVP Management has cleared the way for The Berkeley Palm Beach, a new 25-story luxury condo tower overlooking Clear Lake. Developed by Al Adelson, the same name behind The Bristol,  The Berkeley is set to redefine high-end condo living in the downtown area.

This major investment signals renewed confidence in West Palm Beach’s growth and high-end housing market. West Palm Beach luxury condos are at the center of this trend, with JVP also indicating it may offer construction financing in 2026, further affirming the potential of this waterfront project.

Developer Spotlight: Al Adelson’s Vision Continues

Al Adelson is no stranger to building luxury landmarks. After his success with The…

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How Can I Estimate My Net Proceeds When Selling a Boca Raton Home?

When you decide to sell your Boca Raton home, the first question that usually comes up is: “How much will I actually walk away with after closing?” The sale price grabs attention, but what really matters is your net proceeds, the money that lands in your pocket once everything is said and done.

At The Mastropieri Group, Realtors,® we guide Boca Raton homeowners through every step of this process, including breaking down numbers so you aren’t caught off guard at closing. Let’s go over what net proceeds are, how to estimate them, and what factors will impact your bottom line.

What Are Net Proceeds?

Net proceeds are the amount of money you keep after subtracting selling costs from your home’s final sale price. Think of it as the “take-home pay” of…

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