SOUTH FLORIDA NEWS - Larry Mastropieri

Why South Florida Condo Prices Could Drop by 40%

After years of soaring property values, South Florida’s condo market may face a significant shift. Analysts predict prices could fall by as much as 40%, creating challenges for sellers but potential opportunities for buyers. What’s driving this anticipated change? Let’s take a closer look.

Overview of the South Florida Condo Market

Pandemic-Driven Price Increases

In its wake, the pandemic triggered a real estate boom in South Florida. High-income households moved to the region, snapping up waterfront condos to beat restrictions in other states. The surge drove prices to peak at $379 per square foot in 2024, compared to pre-pandemic levels.

Current Market Trends

However, it lost steam. Sales of condos and townhouses retreated 19.6% on a…

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Steve Ross Trades New York for West Palm Beach Real Estate Dreams

Steve Ross, the billionaire developer behind iconic projects in the U.S., has turned his attention to West Palm Beach. At 84, Ross isn’t slowing down. Instead, he’s diving into a bold vision to transform this South Florida city into a thriving hub of commerce, culture, and innovation.

From New York to West Palm Beach: A Visionary’s Journey

Steve Ross’s Early Years and Connection to Florida

Steve Ross’s roots in Florida go back decades. Raised in Miami Beach, he’s always had ties to the Sunshine State. During the pandemic, his Palm Beach estate, The Reef, became a retreat. This move rekindled his connection to Florida and inspired his next chapter.

A Pandemic Move That Sparked Change

In 2021, Ross made Palm Beach his permanent home. Many…

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Best Beaches in South Florida: A Guide to the Top Coastal Spots

South Florida hosts some of the best beaches in the world. Want a quiet family spot? The action of thrilling water activities? A beach that buzzes with nightlife? You get them all here. The challenge, of course, is which one to go to first. This guide highlights the best beaches in South Florida and other top spots, categorized by their unique appeal to help you plan your perfect coastal getaway.

Best Beaches for Families

Boynton Beach Oceanfront Park

Boynton Beach Oceanfront Park is a real family draw, with so many amenities. Take in the canopy-covered walkways, enjoy the hardwood boardwalk, or have something to eat in the café. If you need to stay out of the sun, there are umbrella rentals available. You can surf and skimboard on the…

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West Palm Beach Real Estate Expands with 8-Story South End Development

West Palm Beach real estate just keeps getting better. An 8-story building at 8111 South Dixie Highway in West Palm Beach is officially ready for construction. A collaboration between Woodfield Development and Flagler Realty & Development, the project promises a complete transformation of the South End neighborhood, with potential benefits for local real estate.

A Transformational Project at 8111 S. Dixie Highway

Along the C-51 Canal, this eight-story building is sure to make a splash: 358 residential units, 19,000 square feet of retail, and even better, 90 of those units will be affordable housing units. 

During the groundbreaking, city officials, including West Palm Beach Mayor Keith James, hailed the project's potential. "We are very…

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Fort Lauderdale Real Estate Development: BAM's Latest Flagler Village Project

The skyline of Fort Lauderdale’s Flagler Village is set for a significant transformation. BAM Property Development’s newest multifamily project promises to bring 257 apartments and 11,400 square feet of retail space to this growing neighborhood. This exciting Fort Lauderdale real estate development showcases the area’s growth and its appeal for urban living.

Overview of BAM’s Flagler Village Multifamily Project

BAM Property Development, a New York-based firm led by Mayer Berkovits, recently gained approval for a bold new project. The two-tower, 14-story building at 650 North Andrews Avenue will house 257 residential units. It also includes a five-story, 361-space parking garage cleverly concealed within the structure. Apartments lining the podium…

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Top Things to Do in Boynton Beach for Visitors and Locals

While Boynton Beach may not be among your top five South Florida cities to visit, it should be! Here is why: great beaches, memorable restaurants, and lots of outdoor fun. In this article, we will be putting forward a few suggestions on why you should consider visiting or even living here. Further, the city is not being left behind in making Boynton more aesthetically attractive with the Boulevard Streetscape Improvement Project, adding shops, dining, and fun activities. All these changes would only make Boynton Beach a better place to come around and live in.

 Boynton Beach Events and Festivals

The events happening throughout the year bring the community together, and most festivals and celebrations here are an absolute memory that one…

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Your Guide to the New Broward County Water Taxi Stops

Broward County's Water Taxi has just changed how locals and visitors take in South Florida, with an expanded service offering 11 new stops to connect the waterfront cities along the Intracoastal Waterway. It has never been easier to experience the awesomeness of coastlines within Broward County. Whatever the purpose of your visit, here is all you should know about the new stops on the water taxi route.

What is the Broward County Water Taxi?

The Broward County Water Taxi is a gorgeously scenic, stress-free way to get around South Florida—no traffic, all waterway views. With more than 30 stops now available, riders can enjoy waterfront dining, parks, and activities without fighting traffic or searching for parking.

Why Take the Water Taxi?

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Education in Deerfield Beach: Schools, Scholarships, and Programs

The city of Deerfield Beach strongly focuses on education for students and families by offering them a wide array of opportunities for success. Evidence of this commitment can be found in its strong network of exceptional public and private schools, city-led educational programs, and scholarships that encourage academic excellence and personal growth. Whether you are looking for some of the best schools or impactful initiatives and resources customized for student success, Deerfield Beach has it all. In this comprehensive guide, the focus is on the educational landscape with key schools, innovative programs, and resources that give students the best chance to achieve their full potential.

Elementary and Middle Schools: Laying the Foundation for…

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Seacrest Sound Apartments: Boynton Beach Workforce Housing Development Under the Live Local Act

A proposed development in Boynton Beach, Florida is set to bring much-needed affordable housing to the area. The site, formerly occupied by the Bible Church of God, will now be home to Seacrest Sound Apartments. Spearheaded by developer Alfredo Borges and his company Seacrest Apts Property Owner LLC, the project plans to add 89 new affordable housing units. This aims to alleviate the increasing demand for affordable housing options in Palm Beach County.

Notable Features of Boynton Beach Property Development

• Address: 1390 N. Seacrest Blvd in Boynton Beach

• The project encompasses an area of 2.97 acres.

• Number of Units: 89 affordable housing units for the workforce

• The unit breakdown consists of 34 units with one…

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The Future of Boca Raton: New Homes, Retail, and Green Spaces Near Brightline Station

Boca Raton real estate in South Florida is experiencing exciting changes. The city's downtown area, particularly near the Brightline station, will undergo a multi-phase revitalization project. This development will bring a variety of new homes, offices, stores, and green spaces to the community, making it appealing for residents and visitors. As such, those looking into Boca Raton real estate can expect new opportunities and increased investment in the upcoming years.

Transforming Downtown Boca Raton: A Fresh Perspective

Central to the city's vision lies the Government Campus Master Plan. Covering just over 30 acres at the junction of West Palmetto Park Road and Dixie Highway, this highly desirable area in Boca Raton is poised for a major…

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