News about properties and real estate
Vacation home not exempt from real estate taxes DEAR BOB: I own a beach condo, which I rented out last summer through a rental agency. This summer I want to use it as my second home, but periodically allow family and close friends to use it at a reduced rental rate to help with expenses. …
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Rents increasing as office, industrial space remains scarce around S. Florida Office and industrial space will remain scarce across South Florida this year, leading to higher rental rates and giving landlords even more leverage than they have now, two leading real estate brokers say. “I think people who have historically signed three- to five-year leases …
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Californians plan exit strategies Some simply can’t afford a home. Others own homes and are taking advantage of the strong real estate market to cash out and move to nicer homes in Nevada, Arizona, Texas, Washington, Oregon and beyond. Ray and Sue Manzo have been told their Moreno Valley home could sell for $350,000. If …
Coast still waiting for storm repairs In the weeks following Hurricanes Frances and Jeanne in 2004, Treasure Coast residents with roof and screen damage counted themselves lucky if they could get roofers and screen repair companies to answer the phone. They gladly wrote checks for deposits and gratefully took their place in the long line …
Southern Business: Marina space dwindling in U.S. hot spots For eight years, Rob Quinlivan has lived in his version of paradise – a 40-foot power boat docked in a public marina. It’s a life that’s given him adventure, freedom and a way to experience the best of South Florida without the soaring prices of its …
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Office complex that cost $1M sells for $19M In a deal that reveals his business acumen and modus operandi, not to mention the region’s hot real estate market, Sarasota attorney and investor David Band sold a cluster of medical office buildings at the southwest corner of Tuttle Avenue and Bahia Vista Street for $19 million. …
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