10,732 Square Feet in the largest Miami Opportunity Zone

6521-NW-1-PLACE

6521 NW 1 PLACE10,732 Square Feet in the largest Miami Opportunity ZoneLittle Haiti$584,000 Give us a call so we can help you navigate your life changes! We are here to help & guide you through a smooth transaction in the greater Miami area, the Florida Keys & Naples, Florida. Platinum Properties of Miami & The […]

Established jewelry pawnshop for sale in Calle Ocho in Miami Florida.

Jewelry Pawnshop

Established jewelry pawnshop for sale in Calle Ocho in Miami Florida. Over 40 years in the same location with high traffic count & easy access parking. All equipment, fixtures, security systems, safes & pawn inventory. $549,000. Lydia ThomasBrokerCoastal Platinum Properties Lydiathomas.com305-710-8584

New Study Names Miami The Happiest City

Happy Miami

Miami has been named the happiest city in the U.S. in the Mindbody Wellness Index. This is the second year in a row that Miami has ranked at the top of the Mindbody list. According to the ranking, 70% of residents in Miami say they feel happy most of the time. Miami is also the healthiest […]

Downsizing Home in Retirement

Home Downsizing in Retirement

Financial experts suggest carefully evaluating monetary, personal comfort, and family needs when considering downsizing upon retirement. Weigh the pros and cons. ELIZABETHTOWN, Ky. – Question: Should I downsize my home when I retire? Answer: Retirement is usually a time of major life changes ranging from not working full-time to modifying where and how you choose to live. With […]

Housing boom may be cooling, mortgage demand drops again.

Woman with Open House Sign

KEY POINTS The average interest rate for 30-year fixed-rate mortgages decreased to 3.17% from 3.18% last week, but the Mortgage Bankers Association said applications for a mortgage to purchase a home fell 3% and were 2% lower than the same week a year ago. “Tight housing inventory, obstacles to a faster rate of new construction, […]

Fast Home Sales Leave Some Sellers Homeless

Home for Sale

Pumped by top-dollar offers, some sellers find themselves closing only weeks after listing their home, boosting demand for leaseback options or short-term rental housing. NEW YORK – Homes sell quickly, and that has caused a problem for many home sellers. With inventories at record lows and buyer competition strong, home sellers are finding it difficult […]

THE SECTION 721 EXCHANGE

Florida Tax Breaks

That is correct…. not a 1031! We know people are tired of paying high taxes and are now migrating to our beautiful state of Florida. With that are often investment properties left behind in that state. Yes, you can 1031 exchange to like-kind properties or move from a 1031 into a 721 UPREIT. When updating […]

Ongoing superior & safe service for all your real estate needs!

Happy Safe 4th of July

We at Platinum Properties of Miami & The Beaches pledge to give you ongoing superior & safe service during these complex times. Life continues to change people’s lives: Job transfers Growing families Downsizing Give us a call so we can help you navigate your life changes! We are here to help & guide you through […]

COVID-19 Property Showing Rules

Covid-19 Pandemic

Did you know that a recent survey during the COVID pandemic showed 68% of homeowners trust that their real estate agent is more valuable than three months ago? Buyers & sellers rely upon their agent to put them in contact with other professions while guiding the activities around their purchase & sale. The real estate […]

Mortgage Rates Hit All-Time Low at 3.23%

housemask

Time to buy! 15-year mortgages 2.77% The pandemic-slowed economy pushed the average 30-year mortgage rate to its lowest point in at least 50 years – since Freddie Mac started tracking rates in 1971. The size and depth of the secondary mortgage market is helping keep rates at low records, Freddie Mac says. Today’s low rates […]