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Miami's Double Feature: Real Estate Update & NYE Fireworks Guide

Hey Miami,
We hope you had a wonderful Christmas and are enjoying this holiday season. Now itβs time for your weekly dose of Miami Mix cafecito βοΈ !
Here is what is going on this week in the 305:
π Your essential Miami real estate pulse check
π Where to watch fireworks tonight
π Legendary coach retires
ποΈ The transformation of Brickell
πͺ© Plenty of events going on post New Yearβs
Have a happy and healthy new year,
Gabriel
Before we get into this weeks newsletter, we wanted to run a quick poll. Let us know what you think!
Should we increase the weekly email to twice a week? |
The Tea on Miami Real Estate π΅
Miami real estate is always a topic of conversation, it makes up a lot of the local economy and it one of the key drivers for growth in our city. As we all know, post covid Miami saw an increased demand for units and prices have shot up since then. We all see the new buildings around us, with cranes seemingly on every corner.
Miamiβs rental prices are above the national average at around $2,645 according to rentcafe.com. However, certain areas such as Brickell, Brickell Key, and Coconut Grove saw rental pricing maintain higher pricing year over year.
Going into 2025, there is expected to be a cooling of rental prices. With more units coming into the market (over 10,000 in the pipeline for downtown alone), industry analysts are betting on a modest 3-5% cooling in rental prices, particularly in areas with heavy new construction. Don't expect a massive drop though β Miami's magnetic pull for tech companies, financial firms, and remote workers isn't going anywhere.
What's brewing for buyers? Interest rates are expected to ease up by mid-2025, potentially dipping below 6% β music to house hunters' ears. Keep your eyes on emerging neighborhoods like Allapattah and Little River, where savvy investors are already making moves. And those luxury developments? They're going all-in on amenities we never knew we needed (rooftop pickleball, anyone?).
The bottom line: Miami's real estate market is shifting from piping hot to perfectly steeped. Whether you're a renter, buyer, or investor, 2025 looks like it'll serve up plenty of opportunities β if you know where to look. β
Looking for some last minute plans tonight? Want to watch some beautiful fireworks? We have got you covered. We gathered the best places to catch some fireworks in the Magic City.
Regatta Grove πCoconut Grove ποΈ 8pm
Bayfront Park πDowntown Miami ποΈ 6pm
Lummus Park πMiami Beach ποΈ Strike of midnight
Sports

Source: Miami Herald
Legendary coach of the Miami Hurricanes college basketball team has retired. The retirement came as a surprise to all college basketball fans. The hurricanes dropped to 4-8 this season and will be on the lookout for a new coach for this year and the years to come. Reported by Miami Herald.
Brickell's transformation over the past few decades has been nothing short of remarkable. As a resident, I witness the district's evolution unfold daily, with gleaming skyscrapers seemingly materializing overnight. Every available parcel of land now hosts luxury developments, including soon to be Mercedes-Benz and Dolce & Gabbana towers. While this rapid development showcases Brickell's growing status as Miami's premier financial district, it raises important questions about long-term affordability for current residents. This article has some pictures you wont believe how Brickell in the 1980βs.

Brickell Key 1981 Source: aol.com
Events Calendar For the Week
January 1, 2024
Cirque Dream CelebrationπAddress: 1300 Biscayne Boulevard, Miami, FL, 33132 ποΈ 3pm
Bachata Dreams π Address: 12355 Northeast 13th Avenue, North Miami, Miami, Florida, 33161 ποΈ 8:30pm
January 2, 2024
The World of Nutcracker π Address: 8551 NW 53rd Street Doral, 33166 ποΈ 5pm- 9:30pm
Dubwise Miami π 2300 NW 2nd Ave Miami, FL 33127 ποΈ 9pm - 2 am
January 3, 2024
Food Trucks Fridays Fiesta Tropical Park πAddress: 7900 SW 40th St, Miami miami, FL 33155 ποΈ 5pm - 10pm
January 4, 2024
In-Store Kids Workshops πAddress: Home Depot ποΈ 9am
Palmetto Bay Famers Market πAddress: 7895 SW 152nd Street Palmetto Bay, United States ποΈ 9am - 3:30pm
January 5, 2024
King Mango Strut Parade π Address: Commodore Plaza ποΈ 2pm
The Shores Sunday Market π Address: 9301 NE 2nd Ave Miami Shores, 33138 ποΈ 10am - 4pm
January 6, 2024
The World of Nutcracker π Address: 8551 NW 53rd Street Doral, 33166 ποΈ 5pm- 9:30pm
Music πΆ
January 1, 2024
Above and Beyond πFactory Town 4800 Northwest 37th Avenue Miami, FL 33142 ποΈ 10 pm
Markus Shulz πE11EVEN 29 NE 11th Street 33132 ποΈ 8pm
January 2, 2024
Yissel πE11EVEN 29 NE 11th Street 33132 ποΈ 8pm
PinoGrillo π Address: 1300 Biscayne Blvd, Miami, Florida, 33132 ποΈ 7:30pm
January 3, 2024
Blood Moon Mafia π Address: Tin Roof 8 E Atlantic Ave Delray Beach, FL 33444 ποΈ 6:30 pm
Anna (BR) π Address: CLUB SPACE 34 NE 11th St Miami, FL 33132 ποΈ 12am
January 4, 2024
MAKJ π Address: DAER Dayclub 1 Lucky Street Hollywood, FL 33314 ποΈ 12pm
January 5, 2024
Cocodrills π Address: 1-800-LUCKY 143 NW 23rd St Miami, FL 33127 ποΈ 12pm
January 6, 2024
DJ Mr. G π Address: Downtown Miami ποΈ 10pm

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