Ross Milroy's (rossmiami) Blog

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Real Estate Broker/Owner - Compass - BS0663728
As commercial construction in Miami intensifies and condo supply still outpaces demand, residential rental prices are dropping. For the first time ever, Downtown Miami is seeing more apartment rental units than condominiums being delivered; in fact, many developers are actually holding off on br...
Ever think about swapping out your investment property to something that might make more money or simply be closer to home? Thankfully, if you do, Uncle Sam won’t hit you up right away for his portion of the money you made from the investment. To qualify for the IRS’ §1031 exchange program, there...
    It’s that time again party people – Ultra and Winter Music Conferencehave descended on Miami for the 20th year in a row. Whether you’re a fan or simply tolerate it, the estimated $100 million in revenue it brings into Miami-Dade is too appealing for even commissioners to consider not supporti...
Just this week, CNBC featured Mike Fratantoni from the Mortgage Bankers Association who expounded on the seller’s market thriving throughout the U.S.   While for most of the country this is indeed the case, Miami has always followed a different rule of thumb, and in fact we remain just the opposi...
Occupying a prime location on what is Midtown Miami’s restaurant row, the newly opened Skorpios (3252 NE 1st Avenue) is serving up very tasty Greek cuisine in Miami. Operated by The Opium Group’s, Eric Milon, this latest project seems like a natural progression for the South Beach nightlife king;...
With primary sights for the future home of the Miami Major League Soccer team set on Miami’s Overtown neighborhood, some locals are questioning if David Beckham & Jorge Mas’ plans are too ambitious for the amount of land available. A neighborhood rooted in history as the second longest continuous...
When Related Group first launched the SLS Lux, located at 801 S. Miami Avenue, they promised “the most elevated living experience in Brickell.” Now, just shy of four years later, the group has announced that the last remaining penthouse in the building has been sold. In the finishing phase of op...
Last month, Downtown Miami’s skyline received the final piece to one of its most dynamic changes in decades. Designed by the late Zaha Hadid, One Thousand Museum, located at 1000 Biscayne Boulevard, officially topped off in February, making way for the soon-to-come grand unveiling of this innovat...
  After analyzing investments made by its citizens in recent years, the Chinese government declared the buying behavior of their citizens within the U.S. market to be “irrational,” and therefore instituted regulations to curb it. Despite a large decrease nationally, with much of the reduction of ...
Will Miami’s million dollar condo-buyers trade in their palatial beachfront condos for autonomous living that allows them to separate from the grid?  Throughout the country, and especially in Miami, we have seen drastic changes in the design, architecture and functionality of luxury condominiums ...

Ross Milroy

Broker specializing in waterfront properties
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