Miami Real Estate Market Update December by the Marilyn Cromer Team

Miami Real Estate Market Update December by the Marilyn Cromer Team

  • 12/19/24

Key Takeaways Heading into 2025

As the year wraps up, Southeast Florida’s real estate market continues to show strong growth and rising demand.

  • Southeast Florida homeowners gained record equity, with up to $542K in Miami-Dade, well above the $310K national average.
  • Job growth, migration, and rising luxury demand fuel continued 
price appreciation.
  • Miami-Dade now has the second- highest share of million-dollar home sales at 23%, up from 8% in 2019.

Source: Miami Realtors

 

Coco’s Corner

Grab your Winter Wonders Passport and join Coco on a festive adventure! Earn stamps by visiting holiday hotspots like the Bayfront Park Christmas tree, Pinecrest Gardens' Night of Lights, or spotting menorahs, wreaths, and twinkling lights across Miami. Check them all off and ask your grown-ups for a fun prize—maybe a holiday dessert, a hot cocoa treat, or a festive craft kit.

Holiday Checklist:

Use the checklist below to track your discoveries and add a star for everything you find!

  • 🎄 Spot a Christmas tree
  • 🕎 Find a lit menorah
  • ✨ See twinkling holiday lights
  • 🌟 Spot a wreath on a door
  • ❄️ Look for a snowflake decoration
  • 🎅 Snap a photo of an inflatable 
Santa or reindeer
  • 🍭 Find a candy cane decoration
  • 🌺 Spot a poinsettia plant

December Dining:
New Spots Around Miami

Miss Crispy Rice

Coral Gables

The world’s first crispy rice bar has relocated to Coral Gables! The beloved Japanese eatery offers nigiri, handrolls, crispy rice, and omakase. Try their 7-course, 11-course, or 16-course dinner menu.

 

Caracas Bakery 

Coral Gables

Known for artisanal sourdough, sandwiches, and pastries, a new location is coming to Coral Gables this December or January, offering the same beloved treats we all crave.

 

Fookem’s Fabulous

Coconut Grove

From his “Pie Mobile” bicycle cart to a brick-and-mortar storefront, Joshua Abril has delighted Miami with his fabulous key lime pies. Order a whole key or mini pie, with flavor options rotating daily.

 

Tina in the Gables

Coral Gables

The same team behind Miami Slice and La Latina has opened a new cafe offering classic breakfast and brunch options, sandwiches, arepas, salads, and rotisserie meats in a cozy ambiance.

 

Mika

Coral Gables

Chef Michael White debuts his latest restaurant offering Mediterranean-inspired cuisine in a roomy and refined environment, where hospitality is priority number one.

 

Carbone Vino

Coconut Grove

The sister restaurant of the ever-popular Carbone, Carbone Vino will serve up Italian fare and wine. Unlike its sister location, the new spot will accept walk-ins and offer bar seating.

 

Façade

Coral Gables

For freshly baked sourdough, pastries, or coffee, check out Façade. Enjoy coffee and carbs solo or with friends around the bakery’s signature communal table.

 

Jon & Vinny’s

Allapattah

The iconic LA eatery hosts a special residency at the Rubell Museum. Enjoy incredible “California-Italian” pasta dishes, plus desserts and a full bar.

 

Holiday Happenings

Zoo Lights

Select days through Dec 30

6:30 PM-10 PM

12400 SW 152nd St, Miami, FL 33177

See Zoo Miami transform into a holiday wonderland with thousands of twinkling lights, animal sculptures, and holiday fun.

 

Night of Lights at Pinecrest Gardens

Select days, Dec 6 - 29

6 PM - 9 PM

11000 Red Rd, Pinecrest, FL 33156

Stroll through dazzling holiday light displays and festive scenes that bring the magic of the season to life.

 

Carolers in Downtown Coral Gables

Through Dec 19, 2024, Select Days

7 PM - 9 PM

Miracle Mile and Giralda Plaza, Coral Gables, FL

Enjoy the melodic voices of local high school choirs performing in festive attire along Miracle Mile and Giralda Plaza. Each evening features a different group of talented students, creating a joyful backdrop for holiday shopping and dining.

 

Both Sides Now

Select days, Dec 13 - Jan 05, 2025

GableStage at The Biltmore,
1200 Anastasia Ave., Coral Gables, FL 33134

Experience the music and lives of Joni Mitchell and Leonard Cohen in this intimate theatrical cabaret, running select dates. Get tickets here before they’re sold out!

 

George Balanchine’s The Nutcracker at the Adrienne Arsht Center

December 13 – 24

1300 Biscayne Blvd, Miami, FL 33132

Miami City Ballet presents George Balanchine's The Nutcracker, featuring stunning choreography, live orchestra, and dazzling costumes in a magical holiday spectacle.

 

Deering Estate Holiday Events

Select days in December

3:30 PM - 10 PM

16701 SW 72nd Ave., Miami, FL 33157

Celebrate the season with festive events at the Deering Estate, including the signature Mistletoe & Martinis event, caroling, bay cruises, and holiday fun for all ages.

 

Nova Exhibition Miami

Dec 18 – Jan 31, 2025

Tue-Sun: 11 AM – 8 PM | Fri: 11 AM – 6 PM

Greenwich Studios, 12100 NE 16th Ave., North Miami, FL 33161

Drawing more than 260,000 visitors in previous cities, the immersive installation honoring the lives lost and survivors of the tragic 2023 Nova Music Festival in Re’im, Israel now arrives in Miami, providing a sacred space for reflection and solidarity.

 

Tropical Winter Wonderland
at Miami Children’s Museum

Through Dec 31

10 AM – 6 PM

980 MacArthur Causeway, Miami, FL 33132

Enjoy a playful holiday adventure featuring an outdoor sock skating rink, festive photo ops, and kid-friendly holiday shopping at the Miami Children’s Museum.

 

A Very Merry Garden & NightGarden at Fairchild

Through Jan 5, 2025 & Jan 12, 2025 Respectively

Daytime: 10 AM – 5 PM | Nighttime: 5 PM – 10 or 11 PM

10901 Old Cutler Rd, Coral Gables, FL 33156

Celebrate the season at Fairchild Tropical Botanic Garden with festive daytime activities like the Reindeer Round-Up, Storytime with Mrs. Claus, and special appearances by Santa. After sunset, experience the enchanting NightGarden, featuring glowing trails, projection art, a talking tree, magical snowfall, and photo-worthy installations.

 

Luminosa: A Festival of Lights at Jungle Island

Through Mar 8, 2025

5:30 PM - 10:30 PM

1111 Parrot Jungle Trail, Miami, FL 33132

Experience the magic of Luminosa, featuring 40 breathtaking Chinese lantern installations, live performances, food, and more.

 

A Classic with a Twist

We all know Marilyn’s go-to is a classic martini—simple, elegant, and timeless. But to celebrate the season with a Miami twist, here’s a refreshing take infused with vibrant winter citrus for a little holiday cheer!

Ingredients:

  • Martini glass
  • Shaker
  • 2 oz. Grey Goose vodka
  • 1 oz. fresh squeezed blood orange juice
  • 3 pitted Italian Castelvetrano olives
  • 1 thin slice of blood orange (for garnish)

Preparation:

  1. Add Grey Goose vodka and blood orange juice to the shaker.
  2. Hold the vermouth!
  3. Top with ice and shake gently.
  4. Strain into a chilled martini glass.
  5. Garnish with Castelvetrano olives and a slice of blood orange for a festive, citrusy twist.

Happy Holidays!

Happy Holidays and best wishes for a joyful New Year from all of us at the Marilyn Cromer Team! We’re grateful for your trust and support this year and look forward to helping you find more reasons to celebrate in 2025.
Cheers to a bright and beautiful year ahead!

Cheers to 2025

Here are three spots in Miami to watch fireworks and welcome in the new year.

Bayfront Park

301 Biscayne Blvd, 
Miami, FL 33132

Enjoy a free celebration featuring live music and the iconic Big Orange drop, culminating in a spectacular fireworks show over Biscayne Bay.

 

The Biltmore Hotel

1200 Anastasia Ave,
Coral Gables, FL 33134

Don your finest cocktail party attire and usher in 2025 in style. Experience a luxurious New Year's Eve with a gourmet dinner, live music, and an incredible fireworks display above the golf course.

 

South Pointe
Park

1 Washington Ave,
Miami Beach, FL 33139

Celebrate at this scenic park with stunning views
of the ocean and a vibrant atmosphere as fireworks light up the sky over
Miami Beach.

 

Giving Back This Holiday Season

This season, give back and spread joy by participating in these local toy drives supporting families and children in need. Spread holiday cheer and make a difference in the community.

 

Nicklaus Children's Hospital Toy Drive

Bring a new, unwrapped toy Dec. 19-20 to the Holiday Harbour Toy Drive at Regatta Grove (3415 Pan American Drive) to support pediatric patients, and receive a complimentary cocktail.

Coral Gables Police & Fire Departments

Donate new, unwrapped toys through Dec 20 at drop-off locations: Public Safety Building (2151 Salzedo St.), Fire Station 2 (525 S. Dixie Hwy), or Fire Station 3 (11911 Old Cutler St.).

Coconut Grove Christmas Tree Lot

Donate toys while picking out a tree through Dec 24 at 3400 Main Hwy; proceeds support local charities.

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