Florida Appeals Court Upholds Holdout Owners’ Rights at Biscayne 21, Setting Major Precedent for Condo Terminations
In a major win for Florida condo owners, the state’s Third District Court of Appeal ruled in favor of a group of unit owners at Biscayne 21, a 13-story, 192-unit condominium complex in Miami’s Edgewater neighborhood. The court upheld a previous decision that invalidated a developer-led amendment to the condo’s governing documents, which had attempted to lower the required vote to terminate the condominium from 100% to just 80%. On July 10, 2025, the court denied a motion for rehearing, affirming that the original declaration of condominium required unanimous approval to terminate the association and could not be modified unilaterally.
The case, brought by eight unit owners represented by attorney Glen Waldman, challenged the termination plan led by Two Roads Development and its affiliate, Empira Group. The developer had acquired 86% of the units in a $150 million bulk buyout and sought to redevelop the property into a luxury condo project—Edition Residences Edgewater. After several owners refused to sell, the developer-controlled board amended the termination clause, a move the court ruled violated the contractual rights of the remaining owners.
The appellate court’s decision not only preserves the rights of the Biscayne 21 holdouts but also establishes a significant precedent with potential statewide implications. According to legal experts, the ruling confirms that developers cannot retroactively change essential voting rights in a declaration—particularly when it involves something as consequential as terminating a condominium association. The decision is expected to complicate bulk buyout efforts across Florida, especially in cases where the original governing documents require unanimous consent for termination.
For developers, this decision adds a new layer of legal risk when pursuing aging condo properties for redevelopment. Florida has seen a wave of such efforts in recent years, especially following the collapse of Champlain Towers South in Surfside, which raised concerns about aging buildings and spurred legislative changes. However, this ruling signals that even amid redevelopment pressures, courts are willing to protect owners’ contractual rights and block attempts to dilute those protections.
Two Roads Development has stated its intention to appeal the decision to the Florida Supreme Court. However, until or unless the state’s highest court overturns the appellate ruling, the current decision stands as binding precedent. The outcome strengthens the position of holdout owners and may force developers to offer more favorable terms—or abandon termination plans altogether.
Ultimately, this case underscores the importance of understanding and respecting the original terms set forth in a condominium’s declaration. Boards and developers alike must tread carefully when altering foundational governance provisions. As Miami’s real estate market continues to evolve, the Biscayne 21 ruling will likely influence how future terminations are approached—not just in Edgewater, but throughout the state.
The Alley: A Boutique Preconstruction Opportunity in Miami’s Booming Little River
Miami’s Little River neighborhood is experiencing a renaissance—and The Alley is at the forefront of it. This boutique, 5-story condo development is the first lodging building in Little River to be offered for individual ownership, giving early investors the chance to claim a stake in one of the city’s most exciting up-and-coming districts.
Developed by Saxum International—an experienced and visionary team known for reshaping Little River’s residential landscape—The Alley offers 50 fully finished junior studios starting from just $315,000. Designed for maximum flexibility and rental potential, each residence is optimized for short-term stays with thoughtful layouts, clean modern finishes, and optional division for added guest privacy. Residences range from 358 to 382 square feet, with east and west-facing views and a payment structure tailored to ease: 20% at contract, 20% at groundbreaking, 10% at the third floor, and 50% at delivery in Q3 2026.
The building is rich in features that appeal to today’s traveler and digital nomad. Highlights include a rooftop coworking lounge, high-speed WiFi throughout, 24/7 parking for residents and guests, and vending machines for added convenience. HOA dues are a modest $1.37 per square foot and include reserves, making The Alley a hassle-free income-producing asset.
What makes The Alley truly special, however, is its location. Nestled at 183 NE 78th Street, residents will enjoy seamless access to the creative pulse of the city. The buzzing Wynwood Arts District is just 7 minutes away, the high-fashion Design District in 8, and Midtown Miami in 10. Even Downtown, Brickell, and Miami International Airport are within a 20-minute drive. And with a future Tri-Rail station planned as part of Swerdlow Group’s massive 7,500-unit development, Little River’s connectivity is only going to get better.
This is more than just a smart investment—it’s a front-row seat to transformation. With over $3 billion in approved development, Little River is evolving into Miami’s next cultural and investment hub. Projects from heavyweights like AJ Capital Partners, B Developments, and CEDARst Companies are bringing thousands of new residences, retail destinations, and creative spaces to the area. Property values here are appreciating faster than in more saturated markets like Brickell or Miami Beach.
If you’re looking for a high-yield opportunity in a neighborhood poised for explosive growth, The Alley delivers. With limited inventory, rising demand for short-term rentals, and a future-proof location, this is your chance to get in early on Miami’s next big thing.
Contact us today at [email protected] to schedule a presentation or to reserve your unit at The Alley.
Genting Group Sells A+E District Site for $20.9M in Major Opportunity Zone Deal
In a headline-making move that underscores the momentum of Miami’s urban transformation, a key 0.8-acre assemblage in Downtown Miami’s Arts & Entertainment District has changed hands in a $20.9 million transaction. The site — comprising six contiguous parcels — was sold by Genting Americas, Inc. to A&E District Holding Company, LLC, a subsidiary of SF QOZ Fund I, LLC. This landmark acquisition paves the way for a luxury, mixed-use development that will rise at the gateway to the city’s most ambitious public infrastructure projects: the Signature Bridge and the 33-acre Underdeck Greenway.
“This isn’t just a development site – it’s an opportunity to redefine urban living in one of Miami’s fastest-growing neighborhoods,” said Liam Krahe, Co-Managing Principal of SF QOZ Fund I. “We believe these parcels are situated in one of the most strategic, urban-core locations left in Miami.”
The newly acquired site, which spans 35,544 square feet, includes the addresses 1525 and 1515 NE Miami Place, 75 NE 15th Street, and 1502–1516 NE 1st Avenue. It sits within a federally designated Qualified Opportunity Zone — a distinction that not only enhances its investment appeal but also offers developers and investors significant tax incentives, including the potential to defer or even eliminate capital gains tax on qualifying investments. These zones have become hotbeds for smart development, especially in fast-growing metro areas like Miami-Dade County.
“With billions in public infrastructure, improved connectivity, and massive demand for multifamily rental housing, this is one of the rarest and most exciting real estate development opportunities in a Miami Qualified Opportunity Zone,” added David Cohen, Co-Managing Principal of SF QOZ Fund I.
The timing could not be better. The site is positioned at the intersection of culture, entertainment, and mobility — just steps from Biscayne Bay, Miami Worldcenter, the Adrienne Arsht Center, the Kaseya Center, and the future Underdeck Greenway. The Underdeck, inspired by iconic projects like NYC’s High Line and Atlanta’s BeltLine, will transform a 33-acre corridor beneath the Signature Bridge into a lush, pedestrian-friendly park, uniting neighborhoods and injecting a new layer of connectivity into Downtown Miami’s urban core.
Construction on the mixed-use tower is expected to begin in early 2026. The development will include luxury multifamily apartments and ground-floor retail — a blend that speaks to the area’s demand for upscale, live-work-play environments. Spearheading the project is a joint venture between McCaffery Interests and Grandview Development Co., both of whom bring national reputations for executing high-quality, transit-oriented developments.
As Miami continues to evolve into a global capital for finance, lifestyle, and innovation, this project stands as a bold investment in the city’s future — one that blends architectural ambition with economic opportunity, and urban revitalization with long-term value.
Florida-based Insurers Turn First Underwriting Profit Since 2015
After nearly a decade of financial turbulence, Florida’s property insurance market is showing signs of stabilization. In 2024, the state’s personal property insurers reported a collective underwriting profit of $206.7 million — the first since 2015 — marking a significant turnaround for an industry that has faced years of losses due to hurricanes, litigation, and escalating costs.
This positive shift is largely attributed to legislative reforms enacted in 2022, which curtailed excessive litigation and attracted new insurers to the market. The resulting increase in competition and capacity has begun to moderate premium hikes, offering a more stable environment for homeowners and investors alike.
For the Miami real estate market, these developments are encouraging. Stabilizing insurance costs can enhance buyer confidence and affordability, potentially revitalizing demand in a market that has been challenged by high premiums. As the insurance landscape continues to improve, Miami’s real estate sector stands to benefit from increased activity and investment.
While challenges remain, including the ongoing risk of severe weather events, the recent profitability of Florida’s insurers suggests a more resilient market moving forward. This newfound stability could herald a period of growth and opportunity for Miami’s real estate industry.
LIVWRK Unveils Visionary High-Rise Community in Wynwood Arts District
A bold new chapter is on the horizon for Miami’s Wynwood Arts District. LIVWRK, a Brooklyn-based developer known for forward-thinking urban projects, has submitted plans for a massive mixed-use development that will bring the area’s first high-rise towers to life. Designed by MKDA, the proposal—dubbed LIVWRK Wynwood—calls for three striking 45-story towers reaching 465 feet in height.
Located at 2400–2418 North Miami Avenue, the project spans an impressive 1.81 million square feet. It replaces a previously approved mid-rise plan and utilizes Florida’s Live Local Act to surpass local zoning height limits, enabling increased residential density in exchange for much-needed workforce housing.
In total, LIVWRK Wynwood will introduce 1,363 new residential units to the neighborhood. Notably, 529 units—representing 40% of the total—are earmarked as workforce housing. This includes all 494 studios and 35 one-bedroom units, which are expected to rent for approximately $2,800 per month. Residences will range from 453 to 1,306 square feet and offer a range of floor plans from studios to three-bedroom layouts.
At the base of the towers, an expansive parking and amenity podium will house 912 parking spaces and over 88,000 square feet of retail and shared amenities. Each tower will feature dedicated amenity decks on the ninth floor, along with lounge spaces on the 29th floor, offering elevated city views and recreational experiences.
The architecture, according to MKDA, embraces Wynwood’s artistic roots and industrial texture. The façade will feature raw materials like exposed concrete, perforated metal, and loft-style window frames, blended with lush green elements and art-driven details. A landscaped paseo will slice through the site, prioritizing pedestrian movement and linking NW 24th Street, NW 25th Street, and North Miami Avenue.
Carefully planned for walkability and community engagement, the ground level will be activated with retail, art installations, and widened sidewalks. Entry points will be recessed to create inviting alcoves, and murals will bring the street frontage to life. Meanwhile, the parking garage will be fully wrapped by occupied space on the lower floors to ensure an attractive and seamless pedestrian experience.
Balconies will vary in openness and rhythm, especially at higher floors, to allow natural light and airflow throughout the towers. The podium and upper levels will serve as platforms for large-scale sculptures, bringing a curated, gallery-like dimension to daily life for residents and visitors alike.
As one of the most significant proposals filed under the Live Local Act, LIVWRK Wynwood not only seeks to redefine the district’s skyline but also to create an inclusive, vertically integrated neighborhood that reflects Miami’s evolving urban identity.
City of Miami Beach Planning Board Approves Terra’s Redevelopment Plans for The Deauville Beach Resort
David Martin’s development firm Terra, in collaboration with the Meruelo family, has received a significant approval from the City of Miami Beach’s Planning Board to move forward with the redevelopment of the former Deauville Beach Resort. The unanimous decision allows the developers to proceed with their vision of transforming the site at 6701 Collins Avenue into an elegant mixed-use project featuring two condominium towers and a partially reconstructed Deauville Beach Resort.
The approved plan includes a branded 100-unit condominium tower and a 150-room hotel, designed by Foster + Partners, Shulman + Associates, and ODP. This reimagined development reflects a strategic reduction from the originally proposed 570 residential units, favoring a more community-oriented design while preserving the area’s character.
Unlike previous proposals, the new plan does not require a public referendum, expediting the potential approval process and paving the way for construction to commence in 2026.
The Deauville Beach Resort, originally built in 1957, was a beloved Miami Beach landmark known for its Mid-Century Modern design and for hosting legendary performances, including The Beatles’ iconic 1964 appearance. However, after years of neglect, the structure was deemed unsafe and ordered for demolition in 2022.
Several redevelopment attempts have failed in the past. Notably, billionaire Stephen Ross and his firm Related Companies proposed a $500 million Equinox-branded development designed by Frank Gehry, but the project was ultimately rejected by voters due to zoning concerns.
Now, with this latest approval, Terra and the Meruelo family’s vision for the reimagined Deauville Beach Resort is one step closer to reality, promising to revitalize North Beach and contribute to Miami Beach’s evolving architectural landscape.
With the City of Miami Beach’s Planning Board approval secured, Terra’s team will move forward with securing necessary permits and refining their design. If all goes according to plan, construction will break ground in 2026, setting the stage for a transformative addition to Miami Beach’s waterfront skyline.
Breaking Ground: The HueHub Revolutionizing Miami-Dade’s Landscape
Miami-Dade County is on the brink of a transformative urban development, as plans for a groundbreaking project, The HueHub, have been submitted to local authorities. Named after its vibrant vision and its potential to become a central hub for the community, The HueHub, also known as Holland Park, promises to redefine the Miami skyline and enhance the local lifestyle experience.
The HueHub is set to be a sprawling urban oasis, seamlessly integrating residential, retail, and recreational spaces. With 3,233 residential units, 57,260 square feet of retail space, and a whopping 4,249 parking spaces, this project isn’t just large in scale; it’s a testament to the evolving needs and aspirations of Miami-Dade’s residents.
Designed by the renowned architectural firm Arquitectonica, The HueHub promises to be a striking addition to Miami’s architectural tapestry. Multiple towers will punctuate the skyline, with the tallest soaring an impressive 37 stories high. This ambitious design is set to breathe new life into the area, replacing existing one-story buildings with a dynamic, multi-dimensional urban landscape.
Behind The HueHub stands the 27th Ave Hollandpark Ecoresidences LLC, a developer with a bold vision for Miami’s future. Their commitment to innovation and sustainability is evident in the project’s name, highlighting their dedication to creating eco-friendly living spaces that seamlessly integrate with the surrounding environment.
One of the most exciting aspects of The HueHub is its strategic location within Miami-Dade County. With the North Corridor Metrorail extension along NW 27th Avenue in the pipeline, The HueHub is poised to become even more accessible to residents and visitors alike. A proposed station at 83rd Street, mere steps from the development site, will further enhance connectivity, making it easier than ever to explore everything Miami-Dade has to offer.
As plans for The HueHub continue to unfold, anticipation is building within the Miami-Dade community. This ambitious project has the potential to not only reshape the local skyline but also to create a vibrant, thriving community where residents can live, work, and play.
Miami Heat’s Tyler Herro Lists Pinecrest Mansion
Miami Heat guard Tyler Herro seems to be making headlines both on and off the court this offseason. With the recent listing of his luxurious 8-bedroom, 9-bathroom Pinecrestmansion for $12.2 million, trade rumors surrounding the young star have reached a fever pitch.
The luxurious mansion, spanning 9,505 square feet, showcases its grandeur and elegance to potential buyers. Initially listed for $13 million in late April, shortly after the Miami Heat’s disappointing loss to the Boston Celtics in Game 1 of the Eastern Conference first round, the price was later reduced to $12.2 million, possibly reflecting strategic considerations or market dynamics.
This lavish estate boasts an array of amenities, including an outdoor kitchen and a “resort-style” pool, creating an ideal setting for relaxation and entertainment. Additionally, the home features an elevator, wine cellar, state-of-the-art kitchen, media room, summer kitchen, and cabana, embodying luxury and sophistication at every turn. Tyler Herro acquired this modern mansion in December 2022 for $10.5 million, setting a record for the highest sale in Pinecrest at the time of purchase.
Interestingly, Herro’s decision to list his mansion comes on the heels of his four-year, $120 million contract extension with the Miami Heat, signed just two months prior. With an additional $10 million in incentives, Herro’s lucrative deal underscores his value and potential in the NBA, further accentuating the significance of his mansion listing in the context of ongoing trade discussions and personal considerations.
Sales Launch for Domus Brickell Park Miami
We are thrilled to announce the launch of sales for Domus Brickell Park, the latest milestone in luxury condominium development brought to you by North Development—a joint venture between Miami developer Ricardo Dunin’s Oak Capital and Peru’s Edifica. This exciting project marks the second condominium under the Domus brand and showcases the unique FLATS concept (Flexible Apartments for Temporary Stays), designed to revolutionize urban living.
Situated in the heart of Miami’s prestigious Brickell financial corridor, Domus Brickell Park will rise 35 stories high, featuring 579 meticulously designed units. This prime location at 1034 SW 2nd Avenue places residents at the epicenter of vibrant city life, surrounded by major banks, corporate headquarters, trendy restaurants, shopping centers, and recreational venues.
Domus Brickell Park promises an exceptional living experience with an array of world-class amenities:
The Cypress Room: A luxurious 4,000-square-foot gathering space featuring a café, wine bar, and artisanal market with gourmet fare.
High-Touch Services: 24-hour concierge, valet attendants, and a dedicated customer service line.
Wellness and Recreation: A seventh-floor gym with an outdoor terrace, rooftop yoga deck, rooftop bar, pool, sky deck, cabanas with day beds, hot tub, and a lush garden lounge.
Technology and Convenience: The Domus FLATS App for seamless check-ins, room and elevator access, and more.
The FLATS concept, coined by Ricardo Dunin, is garnering praise for its innovative approach to short-term rental-friendly offerings, rooted in high-end hospitality. Domus Management, a bespoke management company created by Dunin, ensures that each property adheres to top-tier brand standards, providing a comprehensive, customer-centric experience.
The design team for Domus Brickell Park includes Studio Mc+G Architecture, known for their work on the iconic Delano South Beach hotel, and Urban Robot Associates, specialists in urban design, interiors, and landscape architecture. The building is a wellness-focused ‘green’ structure featuring ultraviolet (UV) water purification, air filtration systems, and EV charging stations.
Residents of Domus Brickell Park will enjoy unparalleled access to transportation, with the Brickell Metromover station just one block away. This connection links to the Miami Metrorail and the Brightline high-speed train, making travel to Orlando a breeze. The building’s location also offers stunning high-floor views of the cityscape and Biscayne Bay, and proximity to Southside Park, multiple greenspaces, and The Underline—a 10-mile linear park with numerous amenities.
Starting from the low $500,000’s to $1.5 million, Domus Brickell Park offers studio, one-, and two-bedroom FLATS featuring nine-foot ceilings, private balconies, keyless entry smart lock systems, premium appliances, and in-unit washers and dryers. This competitively priced property is poised to be a standout in the Brickell market.
Domus Brickell Park is slated for completion at the end of 2027, promising to be a landmark of luxury and innovation in Miami.
