Miami Businessman Lee S. Rosen: The Best High Rise Condos in Miami

compares to Miami. Famous for its beautiful beaches and dynamic nightlife, Miami’s unique lifestyle has attracted many people into investing or renting a unit or several in its high rise condos. Living in Miami means having access to all sorts of cuisines and the perfect tropical weather.

“The number of people wanting to acquire a condo unit has grown exponentially over the years, knowing that Miami has some of the world’s best condo buildings nestled in the city or fronting its crystal clear waters,” says Miami businessman Lee S. Rosen.

If you’re planning to buy a condo in Miami or would want to visit one in the near future, here are some of them that you should definitely consider.

Regalia Miami

The Regalia Condominium in Sunny Isles Beach offers the perfect oceanfront views with only one residence per floor, ensuring you of total privacy. This high rise condo has 39 units, each having a full view of entire South Florida, Intracoastal Waterway, and the massive Atlantic ocean. Ocean Home Magazine Regalia called it the winner of Best Residential Development Platinum award in 2015.

Regalia Miami stands 47 floors tall, with an architecture that imitates the wind and the sea waves. Each unit can be customized as it is offered as a shell, although you can also get floorplan advice from developer Bernardo Fort Bescia of Arquitectonica.

In the vicinity is a theater, a media room, poolside and beachside cabanas, a wine bar, card playing room, billiard room with a cigar area, and a lounge that offers residents with pool and garden views. You’ll also love how the infinity edge pool is placed within a beautiful garden surrounded by fountains.

Each unit has two parking spaces, and residents will also enjoy a fitness center, business center, library, and a private boardroom. To complete the whole relaxation, a separate spa for men and women is available for all unit owners.

321 Ocean Residences

Located in one of Miami’s most popular neighborhoods — South of Fifth — 321 Ocean Residences offers more than 20 luxurious units, each having seven different floor plans. The condominium has two buildings: one facing the Atlantic Ocean, and the other, facing the Ocean Drive.

321 Ocean Residences has an infinity pool that faces the beach, with superb views of the Pearl District, Downtown, Convention Center, Willamette River, and Mt. Hood. Inside the structure is The Ocean Library for the bibliophile, and Fit 321, an exclusive fitness center. Residents can also relax by The Garden at 321.

Faena House

Developed by Argentine genius Alan Faena, the luxurious Faena House has more than 40 full-furnished units, each with four different floorplans. Each residence has Dornbracht bathroom finishes, marble floors, gigantic windows, and a wrap-around terrace. Each unit also has Crestron Automated Systems that can control the thermostat, shades, and light, as well as Miele appliances.

Faena house unit owners can enjoy a beach club, fitness center, and an in-house spa. There’s also a valet and doorman available 24/7. This high rise condo is near the South Beach, Bal Harbour Shops, and the Miami Design District.

Setai Residences

Just north to the famous Art Deco District in South Beach is the Setai Residences, a condominium resort that offers tranquil oceanfront views. As you step out of Setai, you will be greeted by white sand beaches and enjoy the activities at Ocean Drive and Lincoln Road, which are a few minutes away. “The Setai is perfect for those who want easy access to facilities outside the condo,” says Lee Rosen.

Each unit at the Setai features a whirlpool tub, high ceilings, and an eight-foot teak entry door. Inside the condo are several swimming pools, a fitness center, spa centers — all strategically placed along palms, cabanas, and sundecks.

 

 

 

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5 Best Restaurants In Fort Lauderdale

There was a time when Fort Lauderdale got a bad rap for its food scene, but thankfully things have changed these days. New restaurants have been popping out of nowhere, which really helped the culinary scene leap good miles in order to be seen on the map.

There a ton of things to do in Fort Lauderdale, but for now, let’s talk about food. Because really, why not? Food is one of the main reasons why people rate their experience in one place excellent, and in Fort Lauderdale, there’s no shortage of must-eat places.

“From comfort food to decadent fondue, Fort Lauderdale has it,” says South Florida businessman Lee S. Rosen. “In fact, South Florida’s food scene is so diverse, there’s definitely a cuisine for everyone.”

1. Terra Mare

Terra Mare is a newcomer at Fort Lauderdale and boasts a variety of dishes sourced from locally grown meat and seafood. Fitting, considering the name of the place is Italian for land and sea.

Terra Mare’ dynamic menu was created by Johan Svensson, an alum of Aquavit, Marcus Samuelsson’s NYC eatery. Some of the dishes you can enjoy in this restaurant include the finest tenderloin with roasted vegetables, crispy whole snapper with leeks, and sea bass with miso glaze. You’ll also love Terra Mare’s grilled romaine, beef tartare, and juicy oysters.

2. Apeiro Kitchen and Bar

When Apeiro opened its doors to the public three years back, it became a hit among restaurant reviewers, food bloggers, and local foodies. Broward Palm Beach New Times included Apeiro in their top 10 list of best new restaurants, and the Sun Sentinel rated it four stars. To this day, the restaurant is still a favorite among Floridians and tourists.

Apeiro Kitchen and Bar has a Miami location that serves Moroccan- and Mediterranean-inspired dishes. Among those you should try is the Forest Mushroom flatbread and Moroccan spiced lamb ribs.

3. Asia Bay Sushi Bar and Thai

Found in the popular and prestigious Las Olas Boulevard, the Asia Bay Sushi Bar and Thai is where all Asian cuisine lovers go to taste delectable Thai food and mouth-watering sushi. The restaurant is known for using only the freshest ingredients, and you have the option of outdoor seating too. While eating at the popular restaurant, you also get a magnificent view of the Hmmarshee Canal, the perfect backdrop for anyone who wants to relax and enjoy good food and good people.

4. Amarena Bakery and Bistro

In Amarena, delightful batches of Argentine cuisine and European-style cakes await foodies of all ages. The bistro is spearheaded by Argentine pastry chef Ariel Oyarzabal, who provides guests with delectable profiterol and mil hojas. Amarena also serves cupcakes, petit fours, cake pops, bonbons, and mini tarts. For fans of Argentine treats, there’s a fine selection of Balcarce, Rogel, alfajor cake, subs, miga, and baked empanadas.

Chef Ariel’s wife, Daniela, is one of the first persons you will see upon entering the establishment, offering ham-stuffed bread called cachitos de jamon.

5. The Rusty Hook Tavern

“The thing about the Rusty Hook is that you won’t find it unless you go searching for it,” says Lee Rosen.”If you do come across it though, make sure to have a cocktail or two.”

The Rusty Hook Tavern operates under Gordon Ramsay’s ex-chef de cuisine Nader Jaouhar. Chef Nader previously helped run Ramsay’s Boca Raton restaurant called Cielo, which explains why in here you will find all kinds of seafood and a pleasant view of the Intracoastal while dining in.

While the food is extraordinary, the drinks deserve a spotlight as well. The Rusty Hook is famous for its dangerously-named cocktails such as Darn N Stormy, Guilty Plea, and Troublemaker. On Thursdays, ladies can enjoy half-priced drinks to go with their seafood.

 

 

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5 Things To Do in Palm Beach

Popular for its beautiful beaches and upscale boutiques, Palm Beach has long been a favorite destination in Florida. Both foreign and local tourists are attracted to the bountiful scenery of this town and for many reasons. “Palm Beach has 47 miles of coastline, upscale shopping, and has a certain vibe that you can’t just find anywhere else,” says Miami businessman Lee S. Rosen.

And yet, there’s more to Palm Beach than just plain beachin’. The humongous town has all sorts of attractions that will all kinds of people will enjoy. Here are five of them:

 1. Go on an Adventure at Lion County Safari

South Beach FL

The Lion County Safari has been around for more than 50 years and is the only destination in Florida where you can partake in a drive-thru safari adventure. The wildlife preserve has more than 900 animals coming from different continents, including South America and India. Both young and old will enjoy the sight of zebras, giraffes, ostriches, impalas, buffaloes, alpacas, and the mighty lion.

In the vicinity, there’s also an amusement park that kids will love, full of rides, snack and gift shops, fish feeding activities, and more animal exhibits. Other activities you can do in this preserve are water sliding, paddleboat riding, and golfing.

2. Discover the Wonders of Science at South Florida Science Center and Aquarium

Science enthusiasts and museum lovers will love the South Florida Science Center and Aquarium. This amazing structure is where permanent and temporary exhibits are held, one of them being “Our Body: The Universe Within.”

Marine life species are also the main attraction. The “Aquariums of the Atlantic” is worthy to check out, as well as the “Science on a Sphere” exhibit. Biologists at work can be seen at the Florida Conservation Station, but for those who want to take their focus somewhere else, an 18-hole miniature golf course is available for all visitors.

3. Appreciate Art at its Finest at Ann Norton Sculpture Gardens

The residence of sculptor Ann Weaver Norton, the widow of Ralph Hubbard Norton, is a major attraction in South Florida. The Ann Norton Sculpture Gardens comprise the former residence of the artists, which features larger-than-life sculptures. In the artist’s studio, visitors can find works in wood, stone, and bronze. It is supported by paid memberships, who all make the Festival of Trees holiday exhibit possible yearly.

4. Observe Huge Marine Mammals at Manatee Lagoon

Entrance to the Manatee Lagoon is completely free, and there, visitors will not only have a fun time — the experience will give everybody golden nuggets of wisdom and awareness, concerning the endangered manatee.

The facility stands a massive 16,000 feet, where an observation balcony is prepared for visitors who want to see the huge marine mammals in action. Inside the structure are a cafe and a gift shop that sells souvenirs of many kinds.

5. Go Crazy at CityPlace

For those who don’t exactly want to travel away from the city and want to enjoy South Florida’s bustling city vibe, the CityPlace is the ultimate place to go.

CityPlace is essentially an urban city center where people can spend the whole day and night and still not see the total expanse of the place. You can do a lot, see a lot, and eat a lot. There you will find the best shopping boutiques, restaurants, bands, and all forms of entertainment that will surely pique anyone’s interest.

“First timers in Palm Beach County should definitely visit CityPlace,” says Lee Rosen. “Jewelry, clothing, or anything that can serve as gifts are a dime a dozen, and you will find a mix of international cuisines as well.” Indeed, CityPlace is also the best place for foodies. Whether you want Japanese, Southwestern, Mexican, or Tuscan food — you will find it all there.

CityPlace is one of the best ways to cap off your entire Palm Beach County trip, where the essence of South Florida will truly be experienced.

 

 

 

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Miami Entrepreneur Lee Rosen: Top Things For Young Couples To Do In Miami

In this modern time, millennials, especially young couples, tend to spend more of their earnings on travels than other types of luxury. While there may be a lot of great places they could visit overseas, budget-conscious couples would be able to find affordable getaways in Miami alone.

From the gorgeous beaches to its rich cultural heritage, Miami businessman Lee Rosen considers the international city located at the southeastern tip of the Sunshine State as one of the best destinations for people to spend quality time with their significant other.

Famous Activities For Couples In Miami

Aside from appreciating the lovely view of the beach, tourists, as well as residents of Miami, have lots of things they could do for leisure during their stay. Below are some of the most popular destinations and attractions especially recommended for young couples:

Touring Via Double-Decker or Duck Boat

While in Miami, couples should be able to maximize their day with a tour on a double-decker that allows you to customize your itinerary the way you see fit. If you’re looking for more adventurous ways to learn about this beautiful city, why not go on a Duck Boat tour? This way, you’ll be able to get the most out of the interesting spots about Miami while enjoying the cool breeze from the waters.

Appreciating Miami Art

Nothing says romantic getaway better than a visit to Miami’s art scene. The city has become a hot spot for artists and art-lovers because of the most creative architectures built within its walls. These European-inspired edifices that will surely capture your loved one’s heart. Paired with some of the most elegant and imaginative artworks, the city also houses some of the world’s popular art institutions including the Pérez Art Museum and the Vizcaya Museum and Gardens.

Getting Wet and Wild in the City

While the city boasts highly urbanized places, Miami also boasts a diverse collection of creatures housed in top-notch animal sanctuaries, like the 340-acre Zoo Miami. Here, they care for animals, both big and small, by putting them in different environments that closely resemble that of their natural habitats.

Meanwhile, those looking for more action in the water should visit the Miami Seaquarium which features marine animals in their underwater tropical reef aquarium, where tourists can see fishes, dolphins, and other aquatic creatures up close.

Going Up In A Hot Air Balloon

When in Miami, you may also take your special someone to the skies in a hot air balloon ride. Take her on an awesome high-altitude adventure and get swept away by the amazing scenery below in a ride that usually lasts between 45 minutes and 1 hour.

Romantic Strolls

Nothing says “romance” better than enjoying a good walk while holding your lover’s hands. It becomes much more special when done at Little Havana, Miami’s Latin Quarter. Also known as La Pequeña Habana, the small community features shops, restaurants, art galleries, and more. It is also where awesome cultural events like Cultural Fridays, the Three Kings Parade, and Carnival Miami takes place so make sure to visit it when the events are set to occur.

Strolling with your loved one is also memorable when you’re at the South Pointe Park walkways, a park overlooking the ocean and features interactive water shows and fountains that will surely take your breath away. Here, many couples may also bring their furry friends along for a jog.

Miami’s Beaches

Among Miami’s most popular beaches are Matheson Hammock Park and South Beach, where you and your significant other can enjoy a picnic in the breezy beach or a dip in the cool seas. Known as the Surf Capital of Miami, South Beach is also a good destination for surfing enthusiasts as well as fans because it is where many athletes converge to ride the waves.

 

 

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South Florida Businessman Lee S. Rosen: 5 Best FL Neighborhoods For Families With Small Kids

Starting a family and raising small children can be quite a challenge, no matter where you are. Dangers lurking in the shadows in urban areas and sky-high costs of living can make it difficult for people—especially parents— to decide where to settle and have their family.

Still, there are places that have been proven to be safe and affordable for raising small kids without sacrificing quality lifestyle and education. In fact, Lee S. Rosen, a businessman from Miami, attested to the fact that Florida houses some of these ideal places.

Criteria In Choosing A Neighborhood

Deciding on a neighborhood to settle in can be difficult if you have no idea what to look for. When looking for a property in Florida, make sure to consider the following criteria before bringing your family to a new neighborhood:

  • Quality schools in terms of teaching and facilities
  • The high number of families with children residing in the area
  • Crime rate and safety measures that are being implemented
  • The high number of homeownership among families
  • The number of homes catering one family at a time
  • Adult population with college or advanced degrees

Many demographers— and even family heads— consider these six things as the key factors that signify the quality of life for families with small children. After taking these into consideration, researchers have chosen Saint Johns, Florida as the best town to raise children in the state as of 2017 while Ponte Vedra Beach trails at second and Lutz takes the third place.

Top 5 Neighborhoods According to the Residents

While most demographers use the factors mentioned earlier in determining which neighborhoods are considered as the best for families with children, people who actually reside in several communities in Florida have varying opinions about the matter.

In fact, most of them voted for the top 5 communities in Florida, as follows:

#1 – Horizon West

This suburb located in Orange County, Florida garnered a stellar score from residents in terms of housing, public schools, jobs, outdoor activities, and diversity. Overall, it was given an A+ and was deemed as the best place to live in when raising a family with small children.

Currently, the area has a population of over 22,000 and has a median rent of about $1,602, which is slightly higher than the national average of $949. However, most of the residents in this area own their house, leaving only 34 percent for those who are renting their homes.

#2 – Oviedo

Oviedo comes in at second place as residents viewed the community as an “over-sized, close-knit neighborhood,” which is perfect for families with small children. Its grade on public schools is slightly lower than Horizon West but is still considered excellent. Some of its 37,000 residents also expressed their feeling of safety and sense of security in the neighborhood, even when walking home at night. The percentage of homeowners in this area is a lot higher than those who rent their abode.

#3 – Windermere

The suburb of Windermere in Orlando, Florida has one of the smallest populations in the state with only 3,000 residents. Most of the people here own their houses, although the median home value is higher than the national average. The crime and safety rate in this area is above average while the median household income is set at around double the national average.

#4 – Fish Hawk

The suburb of Fish Hawk in Tampa, Florida earned the fourth place in the Top 5 best places to raise a family with small kids in the state because of its above average public schools and housing. With a population of over 17,000, the members of the community see this place as a great place to reside in because of the outstanding amenities and the beautiful landscape.

#5 – Weston

Weston in Miami, Florida takes the fifth spot because the residents see it as a family-oriented and diverse neighborhood. While it is a small place, it houses a wide variety of people and earned an outstanding mark when it comes to economic and ethnic diversity.

 

 

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Miami Businessman Lee Rosen: 5 Reasons Why West Palm Beach Is The Best Place To Relocate To In South Florida

People looking to move to South Florida may feel dispirited by news of devastating hurricanes and sweltering humidity in the state, but there are plenty of good reasons why it is considered one of the best destinations for individuals seeking a better life. The fact that it is home to the dynamic city of West Palm Beach is a perfectly legitimate reason alone.

According to Miami businessman Lee Rosen, the city boasts an environment that is not only welcoming to tourists but is also a viable place to live in, especially for aspiring entrepreneurs. Aside from that, this “little big city” also has advantages over others when it comes to some important factors that people look out for when looking for a place to settle in, and we have listed down 5 of them below.

1. It’s All About Tax

One of the most important things to consider when deciding on a place to settle in is the viability of one’s lifestyle. Like those living in Alaska, Nevada, Washington, South Dakota, Texas, and Wyoming, residents of the state of Florida enjoy the privilege of not paying state taxes to its fullest. Because of the financial troubles, some are facing today, living in a place where you pay less in taxes is definitely a good reason to move to West Palm Beach.

2. Better Amenities

West Palm Beach is home to a total of 185 schools, putting it at the eleventh spot in the list of biggest school systems in the United States. In fact, some of which are considered as the country’s best, including the University of Florida and the University of Miami. These two earned the right to be in the Top 50 Universities in terms of college rankings, at 42nd and 46th place, respectively.

3. Friendly Job Market

Nothing describes a great place to settle in better than a friendly job market. After all, how could one survive if he cannot make a living?

South Florida businessman Lee Rosen says West Palm Beach’s job market is booming because more entrepreneurs— both experienced and newbies— are bringing their business to the city. On top of that, the place earned the top spot at Forbes magazine’s list of centers for business and careers in Florida and was at dubbed as the 53rd nationwide.

4. Rich Cultural Environment

People and the government in West Palm Beach in South Florida take public events very seriously as they make cultural gatherings available for all. Aside from that, the city started an event called “Clematis by Night.”

The occasion, which has been dubbed as “a Thursday night tradition,” started in 1995 and features festive activities for all ages like concerts showcasing local talents, food feasts on the streets, and many more. The best part of it all is that anyone can go to these without needing to shell out cash for entrance or access fees.

Aside from that, West Palm Beach hosts other one-of-a-kind attractions during national occurrences like the 4th on Flager held on the American Independence Day on July 4, Holiday in Paradise, and a Christmas fiesta that features a sand-made Christmas tree and “snowman” building competition.

5. Accessibility

Aside from the education, money, and fun, West Palm Beach prides itself on being accessible to major cities and having the Palm Beach International Airport. Thanks to its prime location in the map, people living in the South Florida city can easily visit urban environments be it for business or leisure. Among the neighboring places that are accessible to the city are Fort Lauderdale, Miami, and Key Largo.

 

 

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Miami Businessman Lee Rosen Should You Buy A House or A Condo

According to Miami businessman Lee Rosen, people who are thinking of buying a home often forget to think how they want to live because they are too focused on the “where” factor. Yes, they’ve already picked out the location, the type of residence, and the price, but a lot of people tend to forget that buying a home must match one's needs and wants.

How you want to live in your new home is a factor worth considering — your residence must match your lifestyle. And often, the choice boils down between a house and a condo. There are people who will benefit from living in a house and lot, while others opt to live in a condo.

If you’re currently faced with this dilemma, let’s break down the differences of both type of residences for you to pick the right choice later on.

Advantages of House Living

One huge advantage of buying a house is that you get to have the total control over your property. You can make changes or remodel the house without having to ask permission. While benefiting from the outdoor space, a house can also provide ample room indoors, which is ideal for families with a growing number of children and/or pets.

In a house, you have a basement, attic, and you can choose the size of your closet. Additionally, you are guaranteed of privacy because your property doesn’t have to be near neighbors, a choice that you can’t make when living in a condo.

Disadvantages of House Living

While living in a house presents a lot of advantages, there are drawbacks to it too. For one, a homeowner is responsible for all maintenance of the property, both indoors and outdoors. Trees, bushes, and your yard should be well kept, plus the tools and equipment for maintenance come from your own pocket. Sure it will increase the value of a house, but these things require money and time.

Utility bills also tend to be higher because houses are often more spacious than condos.

Advantages of Condo Living

With the resurgence in urban living in recent years, individuals looking to buy a property have started to consider condominiums over houses. Most condos are situated in highly urbanized areas that have quick access to restaurants, shopping malls, and other places of interest. Some condos also have amenities as a resort would, such as fitness centers and huge pools, features that you don’t usually find in an average house.

People also live busier lives these days, spending most of their time outside than in their homes. Because of this, a condominium is more ideal because maintenance doesn’t cost much and require little of it. In fact, exterior maintenance is covered by association fees so owners. What’s left for the owners to take care of is the interior of the unit.

Disadvantages of Condo Living

Unlike living in a house, you have less privacy when living in a condo. You’ll be much closer to your neighbors and you can often hear people coming in or leaving. Another concern is the lack of storage space, so you’ll really need to organize your things more efficiently.

Rules and restrictions can also be a deal breaker for some people. Some condos don’t have enough parking spaces and others don’t allow pets.

Conclusion

“The decision about what type of residence to buy has more to do with the stage of life of the buyer,” Lee Rosen says. Depending on your preference for community living, area, privacy, and space, you may be happier in a condo or a house. Regardless of your decision, make sure to ask the necessary questions first before signing any deal.

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5 Most Stunning Golf Courses In South Palm Beach, FL

South Palm Beach County is a magnificent paradise with a beautiful weather, but this is not only the reason why people flock to this town or decide to stay for good. South Palm Beach happens to be one of the hottest locations for the best golf courses in the country.

“Public golf courses are just as stunning as country clubs,” South Florida businessman Lee Rosen says. “But take note of peak seasons and off seasons. You’ll definitely pay twice the price during peak season, but the weather is at its best.”

Whether you’re a casual player or a serious golfer, golf courses in South Palm Beach are definitely worth a try. Below are five of the best ones to keep you busy on your next day off.

1. Westchester Country Club

Strategically situated a few minutes away from Boynton Beach, players at the Westchester Country Club can do more than just golfing. This stunning 27-hole golf course features Karl Litten designed Championship Golf that has five different sets of tees.

If you want to see the best of South Florida in a country club, its three 9-hole courses are beautifully blended with its natural surroundings. Westchester also has a restaurant in the vicinity, a practice facility, and an 18- hole Par 3 course.

2. Winston Trails

An award-winning club located in Lake Worth, Winston Trails is a sight to behold. Despite offering discounted prices regularly, Winston Trails offers a private club atmosphere, made possible by the course’s designer, renowned golfer Joe Lee. In this golf course, players get to enjoy around 7,000 yards from the Championship Tees, and wide area tiled with carefully trimmed fairways and spacious landings.

Winston Trails is one perfect golf course for newbies of the game as it has short game area. There’s also a sauna nearby for the ladies and gents, and fitness center for the health buff.

3. Southwinds Golf Course

Right in the heart of Boca Raton is the beautiful Par-70 golf course called Southwinds. It’s a few minutes away from the beaches of the Atlantic, which means golfers also get to enjoy a view of the sea and luscious foliage. “It’s the reason why Southwinds Golf Course was listed in the “Best of Boca” in the years 2003 and 2004,” LeeRosen reveals.

Southwinds features a practice facility complete with putting green and bunkers. The golf course is also known for having warm and friendly staff that guarantees a delightful golfing experience.

4. Palm Beach National Golf and Country Club

Another golf course designed by the impressive Joe Lee, Palm Beach National Golf and Country Club features a classic championship layout. It’s a Par-72 golf course that boasts more 6,000 yards of beautiful scenery. It’s an 18-hole golf course that everybody can easily recognize because of its stunning landscape blanketed with cypress trees, Queen and Royal palms, laurels, and live oaks.

5. Osprey Point Golf Club

Located in Boca Raton. Osprey Point Golf Club has been getting a lot of attention since it opened in 2010. It’s one of newest golf courses in South Palm Beach, but it has already garnered TripAdvisor’s approval and named it the best golf course in the area.

Osprey Point is open Mondays through Sundays and even offers their facilities during holidays. Players will enjoy its three 9-hole courses that can be played in three 18-hole combinations.

Because of the golf course’s popularity, it is often fully booked so everyone interested must get the players card to make reservations. If you want a golf course that’s without homes and feels like a nature preserve, Osprey Point is the place to be.

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South Florida Businessman Lee S. Rosen: Why It’s The Perfect Time To Invest In Fort Lauderdale

South Florida’s property market had its lows, mostly due to the retreat of Latin American buyers because of the strong dollar and an oversupply of luxury inventory. Things have changed this year, however. 2018 is the best time to invest in South Florida, specifically in the city of Fort Lauderdale.

According to South Florida businessman Lee Rosen, prices are friendlier for investors in 2018. Sellers and developers are willing to reduce up to 20% of the prices for real estate properties. Additionally, savings are at stake for those willing to relocate because of the U.S. tax reform bill. Florida is also an income tax-free state, making it the perfect place to retire.

Discover more reasons why you should think of investing in Fort Lauderdale today.

Long-Term Investment Opportunities in Fort Lauderdale

The idea of buying a property in Miami Beach seem very attractive, but you can get a better price on premierlocations in Fort Lauderdale.
“The price differential between Fort Lauderdale and Miami Beach was always between 25 percent and 30 percent, but now you can expect to pay 200 percent less on a price per square foot basis for a similar property,” Lee Rosen notes.

Lovely Neighborhoods

Fort Lauderdale has over 60 official neighborhoods and 25 unofficial — each having a unique personality. There are neighborhoods perfect for singles, couples, and families, and some of them have the prettiest homes with a limited number of residents. For example, living in Hollywood will allow families to enjoy its many parks and other amenities for families, while Rio Vista is a quieter area lined with trees that serve as a backdrop for its impressive architecture.

The Potential for a Higher Income

Properties in Fort Lauderdale are surrounded by exquisite views. A lot of people choose to relocate or invest in this area because of the calm ambiance that comes with waterfront living. If you decide to sell your property in the future, you’re guaranteed with a great selling point because of how ideal the location is.

Reasonable Median Home Value

Fort Lauderdale has one of the highest rental prices among Florida cities, but its median home value is reasonable. At $318,141, a lot of people prefer to purchase a property instead of renting it. In the next few years or so, however, prices of homes are projected to increase steadily. This means that if you are looking to invest Fort Lauderdale, now is the perfect time to do so. Additionally, For Lauderdale currently leads the state of Florida’s statistics in job growth, a testament that a lot of people want to call the city a home rather than a vacation spot.

Choices of Multi Family-Apartment Establishments

It doesn’t matter if you want a 5 to 40 commercial apartment building or a duplex, triplex or 4plex. In Fort Lauderdale, your choices come in varieties. Most of these buildings are strong concrete block construction and your home can either be a park view, intercoastal, or ocean view. If you have lived previously elsewhere, Fort Lauderdale is definitely a breath of fresh air.

Business Incentives in Fort Lauderdale

Retail growth in Fort Lauderdale has been explosive in recent years. This also explains the growth of business investors flocking the city. Entrepreneurs and investors want to enjoy Florida’s no personal income tax, being the state with the top tax climate and is the #2 rated state for business. Even if you’re not ready to invest big in Fort Lauderdale, you can still find ways to make a profit. Investors lacking spunk often miss out on amazing deals because of their apprehensions, but in South Florida, Mr. Rosen believes that the value is in the location. You merely have to figure out what your next move is.

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South Florida Businessman Lee S. Rosen: Pros And Cons Of Setting Up A Business in Miami

When you think about the country’s entrepreneurial epicenters, cities such as New York, Seattle, Boston, and Silicon Valley are always on the top list. However, Miami is starting to put its name up on the pedestal. As a major tourist spot, it goes without saying that Miami has a steady influx of consumers making it a wonderful place for expanding and new businesses.

“People take risks in Miami,” Miami businessman Lee Rosen says. “It’s a city that doesn’t confine itself to any type of growing environment within the business climate.”

There’s a whole lot of reasons why Miami should be a top pick when setting up a business, but with that also comes drawbacks. Let’s discover them so you can decide if the international city suits you.

Pros

Rich Entrepreneurial Climate

A city with an active entrepreneurial community creates the perfect environment for new businesses. You get to be surrounded with like-minded people and learn from other professionals. If you want willing customers, you got it. Need commercial loans or professional advice? Miami has it all.

“With robust population growth and retirees moving here in numbers, the chance for small business owners to succeed in Miami is great no matter what your business niche is,” Lee Rosen says.

Environment and Tourism

It’s known to all that Miami is one of the most popular tourist destinations in the U.S. This steady influx of people gives businesses lots of opportunities and a guarantee of sales. The wonderful weather also contributes to business success because winters are almost as enjoyable as summers. That said, start-ups don’t have to worry about the clientele.

Financial Freedom

The fact that Miami has one of the largest economies in the U.S. says a lot about its financial stability. If you’re a business owner, a promise of financial incentives awaits you.

Florida enjoys a no state income tax privilege, which means business owners get to keep most of their profits. Tax write-offs and financial incentives are also offered to a variety of businesses. People are willing to spend money, making Miami a prosperous place to start a business.

Strong Workforce

Miami’s universities and colleges are among the country’s top performers of research and development. Students are enrolled in customized training programs, which means it’s easier to find high-skilled candidates for your business. There’s a strong talent pipeline and a large pool of workers, making the labor force more affordable than other leading cities.

Cons

Temporary Following

One challenge that most Miami business owners face is the difficulty to build up a loyal following right away due to the fluid nature of the population. The steady influx of people is an advantage for sure, but at the same time, it’s a drawback.

People come and go a lot, so new faces are to be expected. It’s difficult to gain loyal patrons who’ll assure business owners of a guaranteed sale. The trick is to be more aggressive in your market efforts to stand out. Your business has to be something that people can remember.

Difficulty in Navigating Regulations

All businesses, regardless of the size, must adhere to state regulations and tax codes. If you’re a newcomer, you may have a hard time navigating Miami’s system. According to some entrepreneurs, officials merely directed them to government websites and nothing more.

It is really difficult to know and come up with specific requirements to start a business, but the best route you can take is to enlist the help of business owners who have already established themselves in Miami’s business scene. And in Miami, you’ll never run out of entrepreneurs who can help.

The process of starting a business can take longer than expected based on the hurdles that you might face, but it’ll all be worth it in the end. With hard work and a bit of luck, challenges can be conquered and future growth is earned,” Rosen says.

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