When asked last year how they would expect the commercial real estate market to be doing last year, many brokers expressed concern that it would be experiencing a downturn. The opposite has happened for the land development, retail, industrial and office sectors in major markets in Central and West Florida, though. The Lakeland, Fort Myers, […]
Melbourne Legal Blog
When it is time for you to purchase real estate, your top priority is to make sure that you are doing what is in your best interest. One thing that might make this a bit more comfortable is to hire an attorney to assist you through the process. This helps you find out if there […]
Commercial real estate is a very common choice for investors. Many people get a buzz from finding a property that has huge potential to increase in value in a relatively short period of time. If you want to invest in a property that can be used commercially and to gain a rental income, you should […]
If you’ve recently set out to purchase commercial real estate in Florida, then you’re probably well aware that while it’s similar in some aspects to the residential process, it’s very different in many ways as well. One factor that sets one type of transaction apart from the other is the time it takes to wrap […]
If you’re in the market for commercial real estate, you’re probably looking forward to the day when you finally make a purchase. As excited as you may be, it’s critical to pay attention to the many details associated with your transaction. Here are four important questions to answer before closing on commercial real estate: Did […]
One option you have when considering commercial property is to buy space in a mixed-use building. While many buildings are zoned for either commercial or residential use, these buildings are zoned for both. The classic example is an apartment building with apartments on the top few floors and shops and stores on the ground floor. […]
The Florida commercial lease tax rate is set to drop from 5.7% to 5.5%, the third reduction in three years. State lawmakers approved the move, and Gov. Ron DeSantis is expected to sign the bill. It would take effect on Jan. 1, 2020. Florida is the only state that has a business rent tax connected […]
Florida is among the states that are expected to see a growth in the demand of commercial property in a specific sector: cold storage. Because of the growth of e-commerce food delivery services such as Blue Apron and Amazon Fresh, the need for cold storage has skyrocketed. “It is very niche. About 2% or 3% […]
Melbourne realtors often clamor to get an exclusive listing to sell units in a condo building the moment they hear that a new Florida development is in the works. They attract customers in the market for a newly constructed home by telling them that the earlier they buy, the better the price will be. They […]
According to a report published by the Federal Bureau of Investigation’s Internet Crime Complaint Center in 2017, there were 21,887 cases of wire fraud reported in Florida that year. This didn’t just pose a threat to parties to residential real estate transactions. Research shows that fraudsters are targeting commercial buyers and sellers at an alarming […]
