Broward Council of the MIAMI Association of REALTORS

                                                                                                     

                

  • Palm Beach County Condominium Luxury Sales Jump 28 Percent in December

    Jan 22, 2019
    Palm Beach County condominium luxury home sales jumped 28 percent in December as $1-million-and-up homebuyers continue selecting Palm Beach’s incredible live, work and play lifestyle, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Broward Single-Family Home Median Prices Increase in December

    Jan 22, 2019
    Broward County single-family home median sale prices rose 2.9 percent to $350,000 in December 2018 as Broward existing condos sold between $400K to $600 increased 4.3 percent year-over-year, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Mid-Market Miami Single-Family Home Sales Rise 9.4 Percent in December

    Jan 22, 2019
    Mid-market Miami single-family home sales rose 9.4 percent in December, evidence of strong demand in one of the nation’s most sought-after real estate markets, according the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
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  • MIAMI Realtors Sign Four International Agreements at Miami International Congress

    Jan 07, 2019
    The MIAMI Association of Realtors (MIAMI) signed four international collaboration agreements during its recent Miami International Congress. MIAMI now has 204 international partners. These alliances create business opportunities for MIAMI members, enhance Miami’s global position and strengthen the local economy. The bilateral agreements also provide resources, visibility and connections for MIAMI’s international partners.
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  • MIAMI Realtors Partners to Host Miami Shores Plaza 98 Monthly Events

    Dec 26, 2018
    The MIAMI Association of Realtors (MIAMI) is partnering to host free monthly community events from 5-8 p.m. on Jan. 12, Feb. 9, March 9 and April 13 at Miami Shores’ new community destination, Plaza 98, at 9802 NE 2nd Ave. The events are open to all ages and feature family entertainment and games and food and drink for purchase.
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  • Palm Beach County Condominium Sales Continue Rising in November

    Dec 19, 2018
    Palm Beach County condominium sales have now increased in 12 of the last 13 months after another strong November of condo sales, according to a new report by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Broward Condo Sales Rise for Eighth Consecutive Month

    Dec 19, 2018
    Broward County existing condominium sales increased for the eighth consecutive month in November as total Broward home sales increased 4.3 percent year-over-year, according to a new report by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Miami Real Estate Posts Fifth Consecutive Month of Rising Home Sales

    Dec 19, 2018
    Total Miami-Dade County home sales increased 7 percent year-over-year in November, marking the market’s fifth consecutive month of year-over-year transaction gains, according to a new report by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
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  • MIAMI Realtors Signs 15 New Collaboration Agreements with AMPI Chapters in Mexico

    Dec 17, 2018
    The MIAMI Association of REALTORS® (MIAMI) is honored to have recently signed 15 new international collaboration agreements with local chapters of AMPI, the Mexican Association of Real Estate Professionals, at the 2018 AMPI National Real Estate Congress in Oaxaca, Mexico.
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  • South Florida’s Biggest Open House Weekend Set for December 8-9

    Dec 07, 2018
    The MIAMI Association of REALTORS® (MIAMI) is organizing South Florida’s biggest open house weekend of the year for December 8-9. MIAMI expects more than 2,000 properties at every price range to host open houses in Miami-Dade, Broward, Palm Beach and Martin counties. More than $1 billion in houses and condos are participating.
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  • Palm Beach County Home Sales Register Robust October

    Nov 21, 2018
    Total Palm Beach County home sales increased 17.1 percent year-over-year in October as median prices and dollar volume rose for all properties, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Broward Existing Condo Sales Continue Upward Trend, Surge 20 Percent in October

    Nov 21, 2018
    Broward County existing condominium sales increased for the seventh consecutive month in October, this time rising 20 percent year-over-year, as total Broward County home sales surged 15.1 percent year-over-year, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Miami Real Estate Posts Fourth Consecutive Month of Rising Home Sales

    Nov 21, 2018
    Total Miami-Dade County home sales surged 14.7 percent year-over-year in October, marking the market’s fourth consecutive month of year-over-year home transaction gains, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • MIAMI Realtors Partners with FIABCI-Arabic Countries

    Nov 21, 2018
    The MIAMI Association of REALTORS® (MIAMI) recently signed an international collaboration agreement with FIABCI-Arabic Countries during FIABCI World President -Elect and FIABCI-Arabic Countries President Walid Moussa’s visit to Miami, increasing MIAMI’s international partners to 180 (the most of any U.S. Realtor association). The alliance will create business opportunities for MIAMI members, enhance Miami’s global position and strengthen the local economy. FIABCI-Arabic Countries includes United Arab Emirates, Lebanon, Bahrein, Tunisia, Saudi Arabia, and Kuwait.
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  • MIAMI Realtors and Turkey Federation Sign International Partnership

    Nov 21, 2018
    The MIAMI Association of REALTORS® (MIAMI) signed an international honorary reciprocal agreement with Türkiye Tüm Emlak Müşavirleri Federasyonu (TEMFED) at the 24th Annual Miami International Real Estate Congress in Coral Gables, increasing MIAMI’s international partners to 179 (the most of any U.S. Realtor association). The alliance will create business opportunities for MIAMI members, enhance Miami’s global position and strengthen the local economy.
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  • Total Palm Beach Home Sales Increase in 3Q 2018

    Nov 07, 2018
    Total Palm Beach County home sales increased 7.4 percent in 3Q 2018 as median prices for all properties rose, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Total Broward Home Sales Increase in 3Q 2018

    Nov 07, 2018
    Total Broward County home sales increased 5.9 percent in 3Q 2018 as median prices for all properties rose, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • Total Miami Home Sales Jump in 3Q 2018

    Nov 05, 2018
    Total Miami-Dade County home sales surged 15.2 percent in 3Q 2018 as median prices for all properties rose for the 27th consecutive quarter, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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  • MIAMI International Real Estate Congress to Feature Delegates from 12 Countries

    Oct 22, 2018
    Delegates from 12 foreign countries will participate in the 24th annual MIAMI Association of REALTORS® (MIAMI) International Real Estate Congress on Oct. 28-30 at the Biltmore Hotel. More than 300 real estate professionals will attend the prestigious event, which will feature 20 industry speakers, numerous panels and marketing sessions.
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  • Total Miami Home Sales Surge a Year after Hurricane Irma

    Oct 19, 2018
    Total Miami-Dade County home sales surged 35.7 percent last month a year after Hurricane Irma brought minimal damage and stalled hundreds of sales in September 2017, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
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From Beach Town to Arts Capital: Art Basel Miami Beach’s Impact on South Florida

by | Nov 28, 2016
Courtesy Art Basel

By Chris Umpierre
MIAMI Staff



From its colorful Wynwood murals to its shining new art museums to its hip Design District, Miami exudes art. You can’t go anywhere in this town without seeing this staple of Miami life.

Miami’s arts metamorphosis — most of which occurred in the last 15 years — has helped attract the world’s wealthy, fuel a modern skyline and transform a beach town into a top global city.

One of the catalysts for this new Miami began in 2002 when Art Basel, the Switzerland-based art fair, made Miami Beach its American home. Art Basel Miami Beach — the biggest contemporary-art fair in the United States and one of the largest in the world — showcases Miami every December in front of the world’s top collectors, gallerists, artists and industry professionals.

The 15th annual fair — which runs from Dec. 1-4 — is expected to field more than $3 billion in art, draw more than 77,000 visitors and attract more private jets (800) than the Super Bowl. Art Basel Miami Beach has shown the world Miami is an arts destination. Its popularity boosted local real estate as more international investors and homebuyers made Miami home. Art Basel’s popularity encouraged developers and local government to launch and fund new museums and cultural institutions.

Miami has shown how a city can market itself around culture. Arts create a sense of place, attract tourists and educate and inspire citizens to develop new ideas. In recent years, Miami has become known around the world for its cutting-edge building designs. Architects like the late Zaha Hadid choose the city.

The unique exoskeleton structure of Hadid’s 1000 Museum (a high-rise residential condominium under construction in Downtown Miami) and the concrete-and-glass, internationally acclaimed design of the 1111 Lincoln Road parking garage are two examples.


New museums such as the Pérez Art Museum Miami, the Institute of Contemporary Art Miami and the Patricia and Phillip Frost Museum of Science have been completed or are on their way.




The skyline has changed, too, as developers built high-rise hotels and luxury condominiums to accommodate the affluent international visitors who want to live, work and play here.



Miami’s Growing Cultural Infrastructure

The success of Art Basel Miami Beach has led to the development of The Miami Design District (a shopping destination dedicated to innovative fashion, design and art), Wynwood (a hip Miami neighborhood with more than 70 galleries, museums and collections), and a revitalized Downtown Miami (America’s fastest growing neighborhood that just so happens to be home to the most cultural institutions in the Southeast).


Downtown’s two largest art institutions: The Adrienne Arsht Center for the Performing Arts and the Pérez Art Museum Miami (PAMM) opened after Art Basel Miami Beach’s first show in 2002. The Arsht Center (2006 opening) is Florida’s largest performing arts center. PAMM (2013 opening) is a modern and contemporary art museum.

The Arsht and PAMM are located adjacent to each other at Museum Park in Downtown Miami. The centers will soon get a third arts destination when the Patricia and Phillip Frost Museum of Science opens at Museum Park in early 2017.

Frost isn’t the only new art museum under construction. The Institute of Contemporary Art Miami’s new permanent 37,500-square-foot Design District home is nearing completion.

Cities throughout South Florida are also adding to the region’s cultural infrastructure. North Miami has the Museum of Contemporary Art, North Miami. Miami Beach has the Bass Museum of Art. Coconut Grove has the Vizcaya Museum & Gardens. Fort Lauderdale has the Museum of Discovery & Science. The Miami Children’s Museum and Coral Castle Museum are two other cultural institutions.


The Fair



Some of the biggest art deals in the world are made at Art Basel Miami Beach. Celebrities such as Leonardo DiCaprio, Tommy Hilfiger and Sean “Diddy” Combs arrive each year to get a chance to look at some of the best pieces of art in the world.


Works by Jeff Koons, Andy Warhol, Picasso and so many more artists are on display. At last year’s fair, a New York dealer sold Picasso’s Buste au Chapeau (1971) for $10.5 million.

The fair opens with invitation-only dates (Nov. 30-Dec. 1). Major art deals happen. Then the fair opens to the public for four days (Dec. 1-4).


There is no VIP section. Anyone can buy a ticket. Families are allowed. Tickets cost $50. Children under 12 are free. It is a unique scene. Few other places in the world offers the public the ability to see work by Picasso and Warhol so close.

Miami Art Week will also feature 22 satellite fairs in close proximity to Art Basel at the Miami Beach Convention Center.


Art Miami, a 27-year fair, now takes place in December to take advantage of the Art Basel phenomenon. Art Miami will have 280 galleries in three locations across midtown and South Beach.


The Youth



The Miami arts phenomenon and growth of Art Basel Miami Beach has also had an indelible impact on Miami’s youth through the years.

Art Basel donates fair passes each year to hundreds of high school students in the Miami-Dade County Public Schools District. Walking in step with Miami’s art phenomenon, MDCPS offers acclaimed visual arts education.  


“One thing that gets missed with Art Basel is the enthusiasm that it generates in our children, in our youth,” Douglas Elliman Florida CEO Jay Parker said during the MIAMI Association of REALTORS® (MIAMI) 22nd annual International Real Estate Congress in November.

“I think the arts are the way of the future. I think making our city a showcase and a spotlight for every type of visual art you can imagine really invigorates and gives our children an opportunity to dream big and look for creative ways to present their ideas.”


From its youth to its skyline to its museums to its neighborhoods, the arts have redefined Miami. No longer is Miami a beach town. It’s a top global city where art and artists are educational, fun, welcoming and enriching.

Photos courtesy Art Basel

 

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