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  • This week in Miami: Tri-Rail to Downtown, UrbanX Air, Real Estate Surges, and Weekend Vibes Await!

This week in Miami: Tri-Rail to Downtown, UrbanX Air, Real Estate Surges, and Weekend Vibes Await!

Explore Miami's Air Taxi Revolution, Hot Real Estate Trends, and Must-Attend Weekend Events!

Author

Joe Biscaha
December 01, 2023

Happy Friday Miami!

It’s the week before Art Basel

In this weeks update:

🚁 UrbanX Air Takes Flight: Miami's Air Taxi Dream Becomes Reality

🔥 Miami Real Estate on Fire: 5% Surge Expected in 2024

💰 Duncan Robinson's $4.6M Villa Miami Condo

In case you missed it

Tri-Rail service to Downtown Miami is likely to begin in December

Operators are waiting on final federal approval and a proposed schedule has been shared with all partners involved. Take a look at the new system map

Miami-Dade County employees overpaid? Investigation launched this week

The Miami-Dade County Clerk is launching an investigation this week into the system that pays the more than 30,000 county employees.

www.cbsnews.com/

Cycling in South Florida is dangerous. Miami-Dade school board plans more bike lanes

Florida is considered one of the deadliest places in the U.S. to be a cyclist. Now the Miami-Dade County School Board is rolling out a pilot project to build more protected bike lanes.

www.wlrn.org/

Teachers say they can't live and work in Florida anymore

Florida teachers are leaving the state and their profession. They blame unrealistic workloads, restrictive laws and stagnant pay.

www.wlrn.org/

Bowling and Bocce Bistro Is Coming to Aventura

As the brand's first Florida location, Pinstripes at Aventura, marks the first of two Miami locations set to open in the coming months. A second is slated for Coral Gables in spring 2024.

www.miaminewtimes.com/restaurants/pinstripes-is-coming-to-miami-18330147

Air taxi reality moves a step closer with the creation of Miami-based UrbanX Air - Refresh Miami

Today, Miami-based  Global Crossing Airlines Group, which operates the charter and cargo airline GlobalX, announced the creation of UrbanX

refreshmiami.com/air-taxi-reality-moves-a-step-closer-in-miami

Real Estate Update

Home prices in the Miami-Fort Lauderdale metro are expected to rise 5% next year

Realtor.com's forecast and housing market predictions on key trends that will shape the year ahead. Home prices, market trends and more as we look toward 2024.

www.realtor.com/

Heat shooter Duncan Robinson scores $4.6M 3-bedroom Villa Miami condo

Miami runs on Duncan — and the city’s 58-story Villa tower will host the NBA star in a few years when completed.

nypost.com/2023/11/28/real-estate/heat-shooter-duncan-robinson-lands-4-6m-miami-villa-condo

1 in 8 San Francisco Home Sellers Is Losing Money—the Highest Share in the Nation

The typical San Francisco seller who takes a loss sells their home for $100,000 less than they bought it for. Not the case for Miami Home Sellers.

www.redfin.com/

Galleria Fort Lauderdale Owner Lists Mall For Sale

Galleria Fort Lauderdale is hitting the market, and the team listing the former luxury shopping mall expects the property will trade for north of $100 million.

therealdeal.com/

Florida’s Business Rent Tax Drops 1% on Dec. 1

Fla.’s business rent tax, now 5.5%, drops to 4.5% on Friday. Florida Realtors advocates for a complete elimination of the tax and sees this step as a significant victory.

www.floridarealtors.org/

What to do this weekend

Riptide Music Festival

RiptideFest is BACK! Saturday and Sunday at Fort Lauderdale Beach. Headliners are The Black KEys and Jelly Roll plus 20 other acts. Tickets start at $49

www.audacy.com

Miami Vegandale Festival

This Saturday at Historic Virginia Key Beach Park. Over 100 Vendors and a performance from DJ Khaled. Tickets start at $10

www.vegandalefest.com/miami

North Beach Music Festival, Miami Beach, December 1-3, 2023

North Beach Music Fest returns December 1-3, 2023 at the Miami Beach Bandshell! Featuring the Disco Biscuits, Cory Wong and many more! Tickets start at $85+

northbeachmusicfestival.com/

FilmGate Miami

www.filmgate.miami/about

Real Estate Quick Links

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Have a great weekend!!

-Joe