Miami has been a hot topic for real estate news in 2020/2021 as its market has experienced record growth, but Miami has been on a steady incline for population growth and investments for the last few decades. Miami has over 2.8 million residents and is home to the highest number of foreign-born residents in the United States. It offers various activities, real estate, modes of transportation, and easy access to tourism and travel.

Excess supply could potentially cause real estate prices to decrease, while the rest of the country is experiencing a record high demand for housing amid a housing shortage. Ultimately, housing prices have increased tenfold and allowed homeowners to get a higher value for their property – but Miami has an abundance of housing inventory, making for a balanced market.

Single-family home values are anticipated to increase long-term. Miami’s home price has risen by 20% year over year. While there has been a dip in home values now, the general trend for the real estate market is moving upward. Luxury home sales are up 225% year over year, and condos have increased at the lowest rate of all types of real estate.

Foreign buyers are a significant portion of homebuyers in the greater Miami area and across South Florida. If a foreign economy is doing well, then investments come quickly to Miami, especially in luxury markets.

With a booming economy and real estate market, the time has never been better to invest in a new home with Continuum South Beach. Our condos are resort-style and oceanfront, located on the southernmost tip of beautiful Miami Beach. With our twelve sprawling acres of manicured grass, three clay tennis courts, two magnificent pools, an outdoor restaurant, a spectacular gym, spa, concierge, 24-hour security, and other amenities, Continuum condos for sale are an excellent spot for you to call home here in Miami.

Tickets to this year’s South Beach Wine & Food Festival went on sale on March 22 and is already expected to draw in large crowds. Usually, it brings in around 20,000 people to the South Beach area in a matter of just four days. This year, the festival is expected to be much different.

Originally scheduled to take place in February, the South Beach Wine & Food Festival will take place from May 20-23 now that vaccines have become more readily available, enabling South Florida to host more events. Guests will need to provide proof of vaccination or show negative test results (less than three days old) to attend. Attendees will still be required to wear a mask (when they aren’t eating), and masks will be available for those who don’t have one.

While capacity, number of events, and regulations may have changed for this year’s festival, this year marks the 20th birthday of its host, Food Network & Cooking Channel South Beach Wine & Food Festival presented by Capital One (SOBEWFF®), so a few extra events will be taking place to celebrate!

All events apart from wine-tasting will be held outdoors, with one-hour long cleaning periods in between each. Larger events will be broken up into multiple small sessions, and smaller dinners with chefs (which normally seat 100 people) will be cut in half and held outside. Attendees will be seated at tables outside depending on their group size, but you must buy tickets together if you want to sit together.

Big-name chefs like Thomas Keller, Virgilio Martinez, Michael White, and Enrique Olvera will be attending.

Continuum South Beach won’t be far from many of the events. Check out SOBEWFF®’s website for a complete list of locations. For more information on Continuum Condos for Sale, head over to our website or call us at 305-707-6474.

Formula One has recently announced that they plan to race in Miami in early 2022. This has sparked discussion amongst real estate developers and brokers as they boost their marketing efforts to appeal to this new crowd. The steps to bring the Formula One race to Miami commenced in April after a city vote finalized that grabbed a deal at Hard Rock Stadium (for ten years). This approval did not happen overnight and came with much opposition and negotiation over several years. However, as April came to a close, the decision was finally made.

High-end cars like Aston Martin and Bentleys have long been intertwined with high-end Miami real estate. Formula One’s fanbase is expected to bring in thousands of new buyers to Miami. The opportunities will be vast for real estate developers, brokers, and hotels for sales, sponsorships, and even ongoing partnerships.

Alicia Cervera Lamadrid, managing partner of Cervera Real Estate, which is currently over the sales and marketing of the Aston Martin Residences in downtown Miami, said of Formula One’s prospect, “It’s like having a contract for the Super Bowl for ten years…it also brings spectacular clientele that takes millions of dollars in marketing to attract.”

Formula One has been to Miami in the past, but when they proposed racing in downtown Miami, there was too much opposition to continue. Its arrival this time around is expected to increase the new and quite large influx of out-of-state residents to Miami and South Florida in general.

Blackstone International Realty, LLC provides buyers, sellers, and renters with access to exceptional properties – both on and off the market – in the Miami Beach luxury real estate market and South Florida. Each agent is thoroughly trained to provide clients with exceptional service, competency, and professionalism. For more information on the company, Continuum South Beach, or Continuum condos for sale, call 305-707-6474.

There are tried and true dishes like caesar salad that, at one point in time, were a signature dish to try but today are considered restaurant staples that don’t get much attention and may be deemed “trite”. However, once these longtime favorites are approached by the talented culinary hands of talented chefs like Thomas Keller, everything changes. He is the brains behind the recently debuted Carbone Miami, a new South Beach experience near Continuum South Beach.

Carbone Miami comes from New York’s Lower Manhattan and it showcases how common dishes you may not give much thought to can be re-interpreted in different ways to create something new. The restaurant’s spicy rigatoni vodka has become something of a social media staple. Even with its popularity, Carbone’s plates still manage to concentrate on remaining straightforward.

The easiest of dishes still focus on ensuring that proper consideration goes into the dish’s execution. For example, Carbone begins with freshly extruded rigatoni that is prepared daily. Slow-cooked tomatoes, two types of tomato sauce, heavy cream, and Calabrian chilies make up the sauce. The pasta is fried just right, tossed in the sauce, and delivered directly to the table to wait for its closeup and eventual consumption are part of the process and the Carbone experience.

The flagship Carbone made its debut in 2012 by its namesake, Chef Mario Carbone, along with restaurant partners Jeff Zalaznick and Rich Torrisi, a trio belonging to Major Food Group, also known as Carbone’s parent company. The chef had a single goal in mind: to maintain the legacy of the New York Italian-American red-sauce restaurant and keep it going which chef Carbone believes was slowly being lost.

A man that calls the Culinary Institute of America his alma mater, Carbone honed his skills at several of New York’s top Italian restaurants before he decided to open his own red-sauce experience. He trained at the Babbo by Mario Batali and Joe Bastianich and also played a role in the opening of Lupa Osteria Romana of the partnership. Carbone also contributed to Daniel Boulud’s and Wylie Dufrense’s kitchens. And he worked at La Dogana, a restaurant on Tuscany’s west coast, where he found that New York Italian was a far cry from an Italian experience.

Carbone has only been open for a couple of weeks but is already generating buzz. The social media famous rigatoni can be purchased for a handsome $33 and comes served ready for snapping and sharing photos on your favorite platform. The restaurant’s address is 49 Collins Avenue, not far from the Continuum condos for sale. Reservations are required.