Entries by DomresRealEstate

Well-known Colombian singer buys land in South Florida to build mansion, lists home for $5M (Photos)

Silvestre Dangond, one of the most popular singers in Colombia, has listed his South Florida home for sale, and acquired a lot in the same area for a larger mansion. Marianna Dubinsky of Engel & Völkers Miami Coral Gables represents Dangond in both deals. He paid $1.22 million to Francisco A. Mendez for the 38,006-square-foot lot at 5750 S.W. 91st St. He plans to build a 10,000-square-foot mansion, including a recording studio, there. He hired Pioneer Group to design the home, which will have…

Downtown Tampa apartment tower embroiled in battle over ‘earsplitting’ noise with Franklin Manor

The owners of a 23-story apartment tower in downtown Tampa say several residents have canceled leases and others have refused to renew because of “earsplitting, reverberating noise” from Franklin Manor. Carter, the Atlanta-based developer that built and owns Nine15, has filed a lawsuit seeking both an injunction and damages from the ownership of Franklin Manor, a restaurant and nightclub across North Franklin Street from the tower. “As a result of Franklin Manor's excessive noise, it is more difficult…

Affordable housing becoming less attainable in Tampa

Housing prices in Tampa are on the rise, and a new report from Metrostudy shows that affordable housing is becoming increasingly more difficult to attain. According to the report quarterly new home starts are up 5.3 percent year-over-year. Annual starts are up 6.8 percent, while new home activity is continuing to shift to higher price points as starts under $250,000 are down 8.9 percent from 3Q17 levels. An obvious sign of a slowing market is contraction starting in the upper end, and while…

Developer pays $2 million for future townhouse site in downtown Tampa (Renderings)

A small townhouse development along one of downtown Tampa's most active construction corridors is moving forward. Ariel Homes has closed on two vacant parcels of land at 205 E. Fortune St., between North Franklin and North Tampa streets. The builder paid $2.15 million for the property, which is around 18,000 square feet. The group is planning 14 four-story townhouses on the site with open rooftop decks, according to plans filed with the city. The homes will range from 1,600 to 3,000 square feet…