Landlord Nation: Boomers’ New Retirement Plan Is Millennials Paying Rent

Pete Pollinger and his wife, Julie, are relocating from Boca Raton to Melbourne, a city of about 70,000 on Florida’s Space Coast, named for its proximity to NASA rocket sites at Cape Canaveral and the Kennedy Space Center. They weren’t just hunting for a place to live. As they get ready to move this year, they’re …

Tampa’s historic Mirasol apartment building sells for $10.4 million

The historic Mirasol apartment building near the entrance to Davis Islands has been sold and will continue as a multifamily rental property. The price for the 58-room building, built in the 1920s, was $10,375,000, according to Frank Carriera, an agent for Carriera Regan of Marcus & Millichap, which represented both the buyer and seller. Carriera …

Tampa launches $35 million redevelopment of Riverfront Park [Central Florida]

Monday wasn’t the first time Tampa has tried to do something bold and visionary and transformative at the 23 acres of Julian B. Lane Riverfront Park. But at $35.5 million, City Hall has never put this kind of money into the effort. “This park is not cheap,” Mayor Bob Buckhorn said at a mid-morning ceremony …

Mall mania! Hot shopping spots expanding across South Florida

There’s a gold rush on for retail in South Florida.Developers and mall operators want to renovate and expand shopping centers across the region. New retail is popping up, too, especially open-air “high-street” shops with surprisingly gourmet dining — a breezy contrast to the enclosed suburban malls of old. The cost of all that investment runs …

The Coastal Act has long required affordable lodging along the coastline

When the Hotel del Coronado won state approval in 2010 to add 144 rooms to the luxury oceanview resort, its owners agreed to write a check for more than $1 million so that less well-heeled vacationers could afford an overnight stay on the coast – in a hostel. Five years later, that hostel has yet …

Guernsey: Where Home Buyers Find Shelter (From Taxes)

It is sandwiched between England and France, yet it is not part of the European Union. Its expat community is mostly made up of seniors looking for an old-fashioned way of life. And it expects foreigners to pay at least twice as much as locals for the privilege of living on its 30-or-so square miles. …