Miami Real Estate Headlines — Oct. 23, 2022

This week's top Miami real estate headlines — LeBron James scores a new Sunny Isles Beach condo; Miami ranks #1 in U.S. business travel growth; and SoBe's Lincoln Road gets an artistic takeover ahead of Miami Art Week.

Hi my name is Arno De Vos and here’s what’s happening in Miami's real estate market.

A basketball behemoth returns to Miami …. Homeownership. Lebron James picking up a brand new oceanfront condo in Sunny Isles Beach. The former Miami Heat star picking up a nine-million dollar pad at the newly-completed “Estates at Acqualina”. The 43rd-level Lebron family residence is one of only around 150 in the south tower – each with access to over 45-thousand square feet of family-friendly amenities – including an ice skating rink, a bowling alley – not to mention the lobbies designed by the late fashion design icon Karl Lagerfeld.

And Miami no longer is just about endless sunshine and breathtakingly-blue ocean water. The magic city now leading the entire nation for business travel growth. A new study released by the American hotel and lodging association showing Miami coming in at number one for business travel growth of all cities measured across the u-s – with a whopping 23 percent surge compared to pre-pandemic levels. The trend echoing the headline-grabbing migration of many tech and finance entities increasing their office footprints in Miami in recent years.

And just ahead of Miami art week: it’s an outdoor artistic take-over on Miami beach’s famed lincoln road. Renowned french artist Richard Orlinski bringing his iconic sculptures to the masses on the iconic pedestrian-friendly drive. The open-air activation featuring pieces from Orlinski's recent “Avenue De Champs Elysee” exhibition in Paris. The captivating pops of color on display now - just as the city revs up for the country’s premier art show, Art Basel Miami beach.

And that wraps up today’s headlines impacting Miami's real estate. For more on these stories, head over to Miami-re-news-dot-com. My name is Arno De Vos with Cervera Real Estate in Miami. Hit that share button and thank you for watching.

Presented by Arno De Vos.

Producers: Omar De Windt; Vero Aizpurua

Art: Beto Arevalo