Miami Real Estate Market Update October by the Marilyn Cromer Team

Miami Real Estate Market Update October by the Marilyn Cromer Team

  • 10/14/24

OUR THOUGHTS ARE WITH FLORIDA

Our thoughts are with the many family members, friends, colleagues, and clients, in Florida and beyond who have been impacted by the devastation left by hurricanes Helene and Milton. The widespread damage and ongoing challenges continue to affect so many. To support these efforts, Douglas Elliman is raising funds for the American Red Cross, providing critical resources to those in need, and will match donations up to $10,000. Please consider donating by clicking here. 

SOUTH FLORIDA INSIDER

Marion: $4M Renovation
Unveils New Era

Following a $4 million makeover, Marion in Brickell reopens with a stylish revamp inspired by Studio 54, featuring a new sushi program, Champagne and tequila rooms, and a refreshed menu blending Asian-Mediterranean flavors.

Major Redevelopment Project Approved 

South Miami commissioners have unanimously approved a development agreement for the Shops at Sunset Place, which will transform the site into a mixed-use project, the largest redevelopment planned in the city. 

Great Wolf Lodge Opens First Florida Resort in Naples

Great Wolf Lodge announces the grand opening of its first Florida location in Naples, featuring a $250 million family-friendly resort with hundreds of suites, an indoor water park, and multiple amenities.

Legendary UMiami Bagel
Emporium Relocates 

Bagel Emporium & Grille, a Coral Gables staple since 1975, is forced to move due to the demolition of University Shopping Center, making way for a new $70M development. The eatery will relocate to 4000 Ponce, where it’s rumored the deli will serve dinner and spirits.

NEW BOUTIQUE RESIDENCE OPUS COMING TO COCONUT GROVE 

OPUS is the latest and most exclusive pre-construction development in the Grove. The boutique residence features only 14 luxurious condos with 3- and 4-bedroom layouts, superior amenities, proximity to Michelin-starred dining, Cocowalk, yacht clubs, and top schools.
Reach out to us for details.

Coco’s Corner

Coco and Julian are enchanted by the spell of candy and costumes! Get into the spirit with this fun, family-friendly monster munch mix packed with chocolate, candy and eyeballs for a pre-trick-or-treating snack. 

  • A mix of your favorite chocolates and candies
  • Pretzels
  • Corn (Kettle or salted)
  • A handful of nuts for a healthy twist (optional)
  • Orange, black or purple special-edition M&Ms
  • Mini marshmallows
  • Festive sprinkles (Sprinkle mix, candy eyeballs, tombstones, candy corn)

Combine all ingredients in a large mixing bowl and stir gently until well mixed. Add hand-shaped treat bags for a spooky touch, and let everyone choose their own mix for personalized fun.

Miami Named Best Foodie City in U.S.

A new WalletHub study named Miami the best foodie city in America for its variety of high-quality and diverse restaurants, with the highest number of eateries per capita. The city also boasts 14 Michelin-starred restaurants and ranks highly in farmers' markets and gourmet food stores.

New & Noteworthy Dining

Japón at The Setai

Miami Beach

The Setai introduces a sophisticated blend of traditional and modern Japanese cuisine in an elegantly designed space featuring a pagoda and hand-painted murals.

 

Sushi by Bou

Wynwood

Renowned for its exquisite 12-piece nigiri omakase, this hidden speakeasy at Arlo Wynwood offers a unique dining experience with fine sushi in a vibrant art’s district.

Mother Wolf

Miami Design District

This fall, the celebrated L.A. restaurant arrives in Design District with a menu of perfectly charred thin-crust pizzas and classic Roman pastas like cacio e pepe, amid a warm, moody interior.

Sunny's Steakhouse

Little River

Sunny's Steakhouse, evolving from the beloved Jaguar Sun, is officially open, offering lively dinner party atmosphere with a modern twist featuring a menu of crudos, pastas, and wood-fired plates.

Explore Local Events This Season

Poems for Bread

Now - Oct 31

Zak the Baker, 295 NW 26th St, Miami, FL 33127

Throughout October, Zak the Baker and O, Miami Festival invite you to define Miami's cuisine by submitting a haiku at the bakery in exchange for a loaf of bread, with a limit of one trade per day.

Horrorland Jungle Island

Now - Oct 31

Fri-Sat, 7 PM - 11 PM | Sun, 7 PM - 10:30 PM 

Jungle Island, 1111 Parrot Jungle Trail, Miami, FL 33132 

Brace yourself for a fright at Horrorland, returning bigger and scarier with five haunted houses, outdoor scare zones, a freak show, and more. Best for ages 10+ but all are welcome.

Hanging with Heroes Event 

Sat, Oct 19

11 AM - 4 PM

Shops at Merrick Park, 358 San Lorenzo Ave, Coral Gables, FL 33146

Don't miss the 5th Annual Hanging With Heroes event at Shops at Merrick Park—meet superheroes and enjoy interactive booths and family-friendly activities.

pinecrest zombie Run

Sat, Oct 19

Check In 4:30 PM, Run 6 PM

Evelyn Greer Park, 8200 SW 124th St, Pinecrest, FL 33156

Come in costume to this family-friendly two-mile zombie run through Pinecrest, featuring a 40-foot zombie maze, photo booth, music, games, and more.

South Beach Seafood Festival

Oct 23 - Oct 26

Starting at 12 PM

Joe's Stone Crab, Loews Miami Beach, Lummus Park

Celebrate the festival's 12th year with a new Seafood Slam during Sobe Seafood Week featuring five unique events. Join in the culinary showdown and vote for your favorite seafood dishes from top local chefs.

deering estate ghost tours

Weekly on Thurs. - Oct. 24

7:30 PM to 9:30 PM

16701 SW 72nd Ave, Miami, FL 33157

During this tour of one of Miami's most haunted locations, guests explore rich history and paranormal activity, guided by stories of its past inhabitants and their ghostly presences.

Track or Treat

Sat, Oct 25

5 PM - 7 PM

Evelyn Greer Park, 8200 SW 124th St,Pinecrest, FL 33156

Thrilling trick-or-treating at the park, plus bounce houses, music, 
and more. Stay for an outdoor movie at 7:30 pm.

Fort Lauderdale Boat Show

Wed, Oct 30 - Sun, Nov 3

Bahia Mar Yachting Center, 801 Seabreeze Blvd, 
Fort Lauderdale, FL 33316

Experience the latest in yachting and marine products across seven locations, including yacht showcases, exotic cars, and more. One
ticket grants access to all venues.

Disney's Beauty and the Beast

Nov 14 - Dec 1

Wed-Sun: Various Times

5701 Sunset Dr #350, South Miami FL, 33143

After two sold-out runs, Area Stage brings back the critically acclaimed immersive production to South Miami, inviting audiences to experience the action-packed musical like never before. Grab your tickets before 
they sell out!

Market Update

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