SOUTH FLORIDA NEWS - Boca Raton

Ocean One: A Premier Mixed-Use Development Coming to Federal Highway

The highly anticipated Ocean One project is set to transform the landscape of South Florida real estate. This new mixed-use redevelopment, developed by Hyperion Group LLC and Winter Properties, will bring a dynamic blend of residential, commercial, and retail spaces to Boynton Beach. With construction scheduled to begin in September 2025 and completion expected by 2029, Ocean One will become a key part of the Federal Highway corridor, offering luxury homes and a vibrant community experience in Boynton Beach.

Ocean One’s Strategic Location and Vision

Located just north of Ocean Avenue on the east side of Federal Highway, Ocean One occupies a prime spot in Boynton Beach, a city that is investing heavily in infrastructure and public spaces to…

973 Views, 0 Comments

New Luxury Development in Pompano Beach: W Pompano Beach Hotel & Residences

Pompano Beach is undergoing a major transformation with the announcement of the W Pompano Beach Hotel & Residences, a stunning new luxury development that promises to redefine the city’s real estate landscape. Developed by Related Group and BH Group, this 24-story tower will be managed by the world-renowned W Hotels, bringing a combination of high-end residences and a range of exclusive amenities to the area. Set to rise along the beachfront, this project will add to Pompano Beach's appeal as an emerging luxury destination in South Florida and is sure to attract the best realtors in Pompano Beach.

Fully Furnished Luxury Home

The centerpiece of the W Pompano Beach Hotel & Residences development will be its 74 exclusive condominium residences,…

2759 Views, 0 Comments

Aletto at Sanborn Square: Downtown Boca Raton’s Newest Luxury Office Destination

Welcome to Aletto at Sanborn Square, an iconic addition to Boca Raton real estate offering luxury office spaces and a peaceful workplace setting. Located in Downtown Boca Raton at 123 E. Palmetto Park Rd, Boca Raton, FL, Aletto offers an unparalleled office experience for businesses looking to set up shop at a prestigious location with luxury amenities. This Class A office complex consists of two buildings, Compson Financial Center and Park Place, setting a new benchmark for Florida homes and offices alike. For those seeking premium real estate in Boca Raton, Aletto provides the ultimate blend of convenience, sophistication, and functionality for your work life.

A Landmark in Boca Raton Real Estate: Aletto at Sanborn Square

With the demand…

2375 Views, 0 Comments

South Florida Big Lots Store Closures: Bidding Opens for 10 Properties

As Big Lots prepares to close hundreds of stores across the U.S. following its Chapter 11 bankruptcy filing, real estate opportunities are emerging for investors and retailers looking to lease prime commercial space. In South Florida alone, 10 Big Lots locations are up for lease, offering a variety of square footage options in some of the region’s most desirable retail markets. These lease auctions represent a significant shift in the region’s commercial real estate landscape, with prime locations becoming available at competitive rates.

Melville, New York based A&G Real Estate Partners has been tasked with auctioning the leases for these closing stores, including the 296 Big Lots locations set to shutter across the country. With court authorization in…

3044 Views, 0 Comments

Downtown Miami 57-Story Tower Retail Condos to Hit Auction Block

A prime retail space at the base of the 50 Biscayne condominium tower in downtown Miami is set to hit the foreclosure auction block after the property’s owner, Boca Raton-based AZB I LLC, lost a $4.27 million court judgment. The upcoming auction marks the latest chapter in the ongoing legal battle that has embroiled the commercial units within one of Miami’s most prominent high-rise buildings.

The retail spaces in question, which span 7,531 square feet across three commercial units (CU-1, CU-2, and CU-3), will be sold in an online auction on October 30 through Miami-Dade County's court system. This foreclosure is part of a broader trend in South Florida’s real estate market, where economic pressures have led to an uptick in foreclosures, particularly…

335 Views, 0 Comments

Vertical Bridge in Boca Raton Strikes $3.3 Billion Deal With Verizon

In a significant move for the telecommunications industry, Boca Raton-based Vertical Bridge has entered into an agreement with Verizon Communications to lease and manage thousands of wireless communications towers across the United States. The deal, valued at $3.3 billion, gives Vertical Bridge exclusive rights to oversee 6,339 wireless towers that were previously managed by Verizon subsidiaries.

This strategic partnership will have far-reaching implications for both companies, enabling Verizon to optimize costs and allowing Vertical Bridge to expand its already vast portfolio of wireless infrastructure. Let’s take a closer look at the details of this deal and how it stands to impact the future of telecommunications in the U.S.

The Key Elements…

1182 Views, 0 Comments

Motion to Dismiss Bal Harbour Shops' Lawsuit Rejected

A significant legal battle in South Florida's real estate sector has taken a major step forward, as a judge recently denied a motion to dismiss a lawsuit filed by Bal Harbour Shops, LLC. The case centers around the high-end shopping mall's ambitious redevelopment plan, which seeks approval to build three high-rise towers with hundreds of residential units and dozens of hotel rooms on top of the mall, located at 9700 Collins Avenue in Bal Harbour.

The lawsuit, filed under Florida's recently passed Live Local Act, aims to force the Village of Bal Harbour to endorse the application for the project, despite objections raised by village officials. This case could have far-reaching implications for developers, municipalities, and affordable housing efforts…

242 Views, 0 Comments

$5M+ in Debt: Broward warehouse owner files for bankruptcy

In a challenging turn of events for South Florida’s commercial real estate market, Aphex Holdings, a company that owns several warehouses in Broward County, has filed for Chapter 11 bankruptcy. The filing highlights some of the difficulties facing businesses in the region, even in the booming South Florida real estate market, and it could have implications for property owners and investors alike.

With more than $5.36 million in secured debt, the Hollywood-based company petitioned for Chapter 11 reorganization after falling behind on its mortgage payments. While this bankruptcy filing may seem like a localized issue, it could serve as a cautionary tale for other commercial real estate investors navigating South Florida’s evolving market conditions.

…

648 Views, 0 Comments

Why South Florida’s Housing Market Is Booming Despite Record-High Prices

South Florida’s real estate market has been defying national trends and continues to attract deep-pocketed buyers, even as home prices reach unprecedented levels. In an era when rising interest rates and economic concerns have slowed housing activity across much of the country, South Florida’s housing market has surged ahead, particularly in Miami-Dade and Broward Counties.

Despite record-high home prices, affluent buyers are drawn to the region for its unique lifestyle, economic opportunities, and tax advantages. So, why are homebuyers flocking to South Florida, and what makes this market stand out?

 A Resilient Market with Growing Demand

April marked a significant shift in South Florida’s real estate landscape, with a noticeable uptick in home…

335 Views, 0 Comments

Vita at Grove Isle: Miami's New Standard for Luxury Condo Living

Miami’s real estate market continues to thrive, and the latest project capturing the attention of luxury homebuyers is Vita at Grove Isle. Situated on a 20-acre private island just off the Coconut Grove neighborhood, Vita at Grove Isle has recently topped off at seven stories and is already creating a buzz for its unparalleled combination of exclusivity, location, and luxury.

With delivery slated for late 2025, Vita at Grove Isle promises to offer a unique island lifestyle, surrounded by breathtaking water views and immersed in the sophistication and convenience that modern condo living provides. Here’s an in-depth look at what makes this development such a standout in the Miami real estate landscape and why it’s drawing so much attention from buyers,…

238 Views, 0 Comments