Christopher Lima

06/25/2025

🌇✨ Discover Domus Flats by North Development – Where Lifestyle Meets Flexibility 💼🌴

Looking for more than just a place to stay?
Domus Flats introduces a new concept in Miami’s urban scene — blending modern design, flexible usage, and premium location — all in one beautifully crafted residence.

🏠 Use it as a home, a second residence, or a short-term rental
🔑 Fully furnished, turnkey units
📍 Located in Brickell – Miami’s most vibrant and connected neighborhood
🛠️ Professionally managed, hassle-free ownership
✈️ Fly & Buy Program available for qualified buyers

🌍 Perfect for global citizens, digital nomads, or those seeking a Miami lifestyle with ease and optional rental potential.

📲 Message me to schedule a private presentation or learn how Domus is redefining flexible urban living.

10/10/2024

🌍 Colombia Tops Foreign Buyers Searching South Florida Real Estate! 🌟

We’re excited to share that Colombian buyers are leading the charge, searching for incredible real estate opportunities right here in South Florida. 🏙️ With proximity to Miami and world-class amenities, our latest luxury project, Aileron Residences in Dania Beach, is the perfect investment for those seeking waterfront living, high-end finishes, and unbeatable location. 🚤🌴

🏡 Aileron Residences offers: ✅ Affordable luxury pricing ✅ Stunning waterfront townhouses with private boat slips ✅ Over 50,000 sq. ft. of premium amenities ✅ Just steps from Dania Pointe, shopping, dining, and more!

💼 Are you a Colombian investor? Or just someone looking to own a piece of South Florida’s hottest real estate? Now is the time!

👉 Contact me today @ 786-290-2779 to learn more about our special incentives for international buyers or schedule a private tour! 📞📧

MIAMI — Colombia again registered the most global web searches for South Florida real estate in August 2024, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia, which is also South Florida’s top global buyer, has now finished in the top two countries searching Mia...

01/19/2024

2024 South Florida Construction Predictions: Insights from Local Executives

The South Florida construction landscape for 2024 promises an array of exciting projects and developments, as outlined by key industry players in a recent interview with local executives. Here's a comprehensive overview featuring the perspectives of notable figures in the field:

Key Players:
1. Diego Bonet - Managing Partner, LD&D

Plans to deliver Wynwood Haus, a 224-unit multifamily building, by the end of the current year. Looking to lease up through most of 2024. Despite macroeconomic uncertainty, remains optimistic about South Florida and Tampa Bay, actively seeking new development projects.

2. Edgardo Defortuna - CEO, Fortune International Group

Projects in the pipeline include the initiation of construction on Ora by Casa Tua in early 2024. Recently started construction on Nexo Residences in North Miami Beach, scheduled for delivery in 2026.
Also underway with St. Regis Residences and The Ritz Carlton Residences Pompano Beach.

3. Michael Troyanovsky - Managing Partner & Vice President, Regency Development Group

Exciting projects in 2024 include the expansion of La Maré and the launch of 24 luxury townhomes in Victoria Park, Fort Lauderdale.
Emphasis on high-end luxury, catering to larger units and townhomes for families.

4. Mark Wilson - CEO, London Bay Development Group

Commencing sales for the second tower of The Ritz-Carlton Residences, Estero Bay, in 2024.
Progressing with the development of Saltleaf on Estero Bay, including Saltleaf Golf Preserve. Anticipating strong demand for various types of new construction housing in Southwest Florida.

Housing Demand in 2024:

Wilson:

Expects strong demand for luxury condos with a focus on amenities and concierge services. Rising demand for upscale senior living communities offering an all-inclusive, high-service lifestyle. Anticipates continued popularity of single-family homes, exemplified by the success of developments like Mediterra.

Defortuna:

Short-term rental condominiums, such as Nexo Residences, are highly sought after. Highlights the demand for new construction condos with lifestyle amenities, concierge services, and efficient management.

Troyanovsky:

High-end luxury is in demand, with buyers seeking larger units and townhomes for families.
Bonet:

Foresees strong demand for condominium "investor" units, especially from foreign buyers looking to invest in the U.S. economy.

Role of Real Estate Agents in 2024:

Troyanovsky:

Emphasizes the importance of agents, especially those with clients in New York City and South America. Agents play a crucial role in expanding the marketplace for clients, working closely with developers to understand trends and products.

Defortuna:

Views real estate agents as vital to success, relying on them for market knowledge and understanding customer needs.

Wilson:

Acknowledges the integral role of real estate agents in providing market knowledge and strong industry relationships.
Housing Inventory Shortage and Development:

Bonet:

Believes that despite short-term challenges, South Florida will experience continued housing development due to the medium to long-term housing shortage.

Troyanovsky:

Plans to expand and grow investors to meet the influx in demand.

Wilson:

Expects the housing inventory shortage to drive increased development in 2024 and beyond to meet the high demand in Southwest Florida.

Defortuna:

Identifies increased interest from foreign nationals as a primary driver for development in 2024.

In conclusion, the South Florida construction landscape in 2024 appears dynamic and resilient, with a focus on meeting diverse housing demands and overcoming challenges to drive continued development.

01/19/2024

# 🌐 **Miami's Global Real Estate Dominance in 2023: A 56-Page Insight into Foreign Buyer Trends**

- 📊 **Foreign Buyer Share Soars:** South Florida's foreign buyer share is now nine times larger than the U.S. figure.
- 🌍 **2023 MIAMI Global Report:** Unveils a comprehensive 56-page analysis of foreign home buyer purchases in South Florida.
- 📈 **Record Growth:** Foreign buyer share reaches 18% in 2023, outpacing the U.S. by nine times and Florida by two times.
- 💼 **Miami's Unrivaled Appeal:** 52 countries contribute to a staggering $5.1 billion in real estate purchases in 2023.
- 🏡 **Transaction Insights:** Foreign homebuyers invest $5.1 billion, down from $6.8 billion in 2022 but matching 2021 levels.
- 🌎 **International Sales Surge:** 2022 witnessed a surge due to pent-up demand post-pandemic border reopenings.
- 🏙️ **Domestic Boom:** Miami experiences a historic surge in domestic buyers, notably from high-taxed locations.
- 🌐 **South Florida's U.S. Share:** Secures about 11% of all U.S. international home sales annually.
- 📊 **Market Dominance:** Foreign homebuyer market share is five times larger than the U.S. figure, accounting for 18% of total dollar volume.
- 🌴 **Miami-Dade Supremacy:** Miami-Dade County claims 72% of South Florida's foreign buyers, generating $3.67 billion in sales in 2023.
- 🌍 **Top Foreign Country - Colombia:** Colombia emerges as the leading foreign country purchasing South Florida real estate in 2023.
- 🌐 **Diverse Market:** South Florida attracts foreign buyers from 52 countries, ensuring resilience in global sales.
- 🇦🇷 **Argentina Dominance:** Argentina holds the top spot for buying properties in Miami-Dade County.
- 🇧🇷 **Brazilian Influence in Broward:** Brazil takes the lead in real estate purchases in Broward County.
- 🇧🇷 **Brazilian Impact in Palm Beach:** Brazil leads real estate purchases in Palm Beach County.
- 💰 **Higher Spending:** MIAMI international home buyers spend a median price of $482,700, 6% more than the national figure.
- 🗽 **New York's Continued Lead:** New York maintains its position as the No. 1 state purchasing in South Florida for the second year.
- 💸 **Cash Transactions:** Approximately 69% of all international residential transactions in South Florida are all-cash.
- 🏢 **Condo Preference:** 56% of South Florida global buyers prefer condominiums, significantly exceeding the U.S. average.
- 🌆 **Preferred Areas:** South Florida global buyers favor central/urban areas (64%).
- 🌐 **International Buyer Visits:** 73% of MIAMI Foreign Buyers visit Florida only 2 times or less before purchasing.
- 🌍 **Global Outreach:** MIAMI, with 260 partner organizations worldwide, expands South Florida's real estate brand globally.

01/19/2024

📈 **Miami Real Estate Snapshot:** November 2023 Revelations Impacting the Magic City's Housing Landscape🌎

🌆 **Miami-Dade Condo Sales:** Increased by 8.8% YoY in November 2023.

💸 **Price Range Impact:** Condos priced $400,000 to $600,000 had 137 transactions; 50.2% were all-cash deals.

📉 **Mortgage Rates:** Dropped over 1% since October, impacting the high-demand Miami real estate market.

📈 **Forecasted Expansion:** Miami REALTORS® predict a 7% YoY expansion in Southeast Florida home sales by end of 2024.

📊 **Total Sales Decline:** Dropped 7.8% in November 2023 due to elevated mortgage rates and low inventory.

🏡 **New Listings Boost:** Miami new listings rose by 7.7% YoY in November 2023, providing more options.

📅 **Mortgage Rate Update:** Averaged 6.95% as of December 14, below 7% for the first time since August.

📉 **Inventory Status:** Down 42.9% from historical average; single-family homes in a seller's market.

📈 **Price Appreciation Streak:** Miami's real estate has seen 12 years of consecutive home price appreciation.

💰 **Wealth Migration Impact:** Boosted South Florida's household income by $16 billion in 2021.

💼 **Economic Impact:** Miami real estate posted a $201 million local economic impact in November 2023.

🚫 **Low Distressed Sales:** Only 0.9% of all closed residential sales in Miami were distressed in November.

📊 **Median Price Outperformance:** Miami's median price appreciation outperforms national and state averages.

💵 **Cash Sales Dominance:** Represented 40.9% of Miami closed sales in November 2023, 50.2% in existing condos.

🌎 **Global Attraction:** Miami remains a top real estate market for foreign buyers, contributing to cash transactions.

01/19/2024

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01/27/2021

South Florida's biggest real estate stories of 2020

South Florida’s biggest stories of 2020 included the pandemic’s devastation on the hotel and restaurant sectors, though the industrial market boomed and waterfront mansions were in high demand

01/27/2021

The Ritz-Carlton Residences, Sunny Isles Beach

01/26/2021

Residências de Alto Luxo