SOUTH FLORIDA NEWS

Inside SobelCo’s Tower Condo Development at Riviera Beach

Riviera Beach has often been overlooked in conversations about luxury living in South Florida. While areas like Boca Raton, Delray Beach, and West Palm Beach  have exponential growth in new development, Riviera Beach has remained relatively quiet. 

That’s about to change. Boca Raton-based developer SobelCo is moving forward with an ambitious plan to build four new condo towers at 1117 Broadway in Riviera Beach. The project includes over 500 residential units, thousands of square feet of commercial space, and a design that aims to reshape the area into a walkable, amenity-rich community.

In a region where new construction often exceeds one million dollars per unit, this development is designed to meet the needs of entry-level buyers, younger…

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Top Questions for a Real Estate Agent in Delray Beach

Navigating the Delray Beach real estate market can be overwhelming without the right support. Buyers and sellers alike often face similar questions when trying to make smart, confident decisions in this competitive coastal city. Whether someone is relocating, upgrading, or downsizing, having the right expert in their corner can make a major difference.

This guide outlines the top 10 questions every buyer or seller should ask before hiring a real estate agent in Delray Beach. Each question includes practical insights, local context, and expert-backed tips to help readers make informed choices.

What Makes Delray Beach a Great Place to Buy or Sell a Home?

Delray Beach continues to attract interest from around the country thanks to its mix of coastal…

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Fannie Mae and Freddie Mac May Accept Crypto for Mortgages

The mortgage world could soon see a major shift. William Pulte, the new director of the Federal Housing Finance Agency (FHFA), has ordered Fannie Mae and Freddie Mac to draft proposals that would allow banks to count a homebuyer’s cryptocurrency holdings as part of their mortgage risk assessments.

Currently, borrowers need to convert crypto to U.S. dollars before lenders consider those funds. But this new directive could let regulated crypto assets be counted without conversion, giving many crypto-holding buyers a better chance at qualifying.

Government Pushes for Crypto in Mortgage Criteria

This is the first time the federal government has formally recognized cryptocurrency in real estate as an asset in mortgage evaluations. The FHFA is asking…

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Modera Boca Brings New Luxury Apartments to Downtown Boca Raton

Downtown Boca Raton is undergoing a transformation and at the center of it is Modera Boca, a 10-story luxury apartment project that’s been officially approved for 400 South Dixie Highway. Developed by Mill Creek Residential, this modern living space will bring 358 high-end rental units and over 11,000 square feet of ground-floor retail space to one of South Florida’s most walkable urban areas.

So what does this mean for those searching for luxury apartments in Boca Raton or anyone watching the future of Boca Raton real estate? 

Overview of Modera Boca

Modera Boca is strategically placed in Downtown Boca Raton, just steps away from Mizner Park, the Brightline Boca Raton station, and Royal Palm Place. Its location offers an ideal balance of urban…

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Opportunity Zones 2.0: What It Means for South Florida Investors

Opportunity Zones in South Florida are getting a major refresh and if you're a business owner or real estate investor, these changes could open the door to big tax breaks and new development opportunities. A new bipartisan bill aims to revive and reform the federal Opportunity Zone program by extending its reach, adding transparency requirements, and shifting focus toward long-term community growth.

If you're interested in how Opportunity Zones 2.0 may impact South Florida's economy this article breaks down what you need to know.

What Are Opportunity Zones?

The original Opportunity Zone program was established under the Tax Cuts and Jobs Act of 2017, aimed at driving private investment into low-income areas across the U.S. These zones were…

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First U.S. Condos With Deeded Office Suites Open in Wynwood

Wynwood condos with Airbnb office suites are making national headlines. For the first time in the U.S., buyers can own a luxury condo paired with a deeded private office suite, and legally list both for short-term rental year-round through Airbnb. Known as Twenty Sixth & 2nd Wynwood Residences, this mixed-use development combines upscale living, workspace flexibility, and rental income potential in the heart of Miami’s creative district.

What Makes These Wynwood Condos a First in the U.S.?

What makes these Wynwood condos with Airbnb office suites truly groundbreaking is their inclusion of privately deeded office suites, allowing owners to either work from home or rent the space separately for added income. 

This dual-use model, combined with a…

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Top Luxury Country Clubs in Boca Raton to Live Near

If you're looking for sunshine, privacy, and the best country club living, Boca Raton is one of the most luxurious places in South Florida to call home. With its stunning golf courses, upscale amenities, and gated communities, Boca is also home to some of the top private clubs in the country. Whether you're a golf enthusiast, a tennis player, or just someone who appreciates luxury and security, living near one of these clubs can be a dream come true.

This article covers the best luxury country clubs in Boca Raton to live near, including real estate options, local perks, and even some high-profile neighbors like Travis Kelce and Taylor Swift. Let’s explore where luxury living meets world-class recreation.

Why Live Near a Luxury Country Club in Boca…

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Top Luxury Communities in South Florida for Retirees

Retiring in style is about more than just good weather. For many, it means living in a place that blends comfort, convenience, and community. This is why more retirees are looking to luxury communities in South Florida—places designed with high-end amenities, vibrant social life, and easy access to top healthcare. This guide will explore the best luxury 55+ communities across South Florida, what sets them apart, and how to choose the right one for your lifestyle.

Why Retire in South Florida?

South Florida ranks among the most popular retirement destinations in the United States, attracting thousands of new retirees each year. According to the U.S. Census Bureau, Florida had the highest net migration of retirees in 2023, with South Florida counties…

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Boca Raton Housing Market Report July 2025

Key points: 

• Home prices in Boca Raton dropped 12% year-over-year, signaling a cooling market.

• Inventory is up 17%, giving buyers more choices and leverage.

• Most homes are selling below asking price, with a 90–91% sale-to-list ratio.
  
  

As we move through the summer of 2025, it’s clear the Boca Raton housing market is in a different place than it was just a year ago. Home prices are coming down, homes are taking longer to sell, and buyers have more leverage than they’ve had in a long time.

Compared to the rapid pace of 2021–2022, today’s market seems more cautious. Buyers are pickier. Sellers are more hesitant. And data from Q2 confirms that the trend towards a slower, more balanced market is well underway.

Homes…

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What Rising Delistings Mean for the South Florida Real Estate Market in 2025

A growing number of homeowners are choosing to pull their listings from the market. Nationwide, delistings jumped 47% year-over-year in May, according to a recent Realtor.com report. In South Florida, the effects are beginning to show, especially in cities like Miami, where median home prices have dropped by nearly 5% year-over-year.

Across the country, sellers are stepping away from the market rather than lowering their prices. With historically low mortgage rates and high home equity, many feel no urgency to sell at a discount. Sellers remain fixed on peak-pandemic price expectations, while buyers are facing higher interest rates and greater inventory. 

This mismatch in pricing and willingness to negotiate has created a standoff. As a result, many…

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