South Florida

See 8 Miami real estate trends reshaping issues of affordability and innovation

Stories by Miami Herald journalists, with AI summarization

Miami’s real estate scene in 2025 brims with reinvention, challenge and bold moves.

This list of stories outlines a billion-dollar plan by Jackson Memorial Hospital to lease land for affordable and workforce housing, the arrival of advanced sensor systems that track condo safety on the barrier islands, and high-stakes battles over condo association foreclosures.

Miami renters see rare relief as apartment rents dip, even as the gap between incomes and housing costs lingers.

Meanwhile, luxury towers like Trump’s Doral condos grab headlines, and frustrated homebuyers face bureaucratic showdowns as nonprofits and commissioners feud over unfinished affordable homes.

The summary above was drafted with the help of AI tools and edited by journalists in our News division. All stories below were reported, written and edited by McClatchy journalists.

The riverfront area of downtown Fort Lauderdale. By CARL JUSTE

NO. 1: APARTMENT RENTS HAVE TAKEN A SURPRISING TURN IN SOUTH FLORIDA. WILL THE TREND CONTINUE?

What to know about the market in Miami and Broward. | Published November 15, 2024 | Read Full Story by Rebecca San Juan

With headlines about condo associations and HOAs foreclosing on owners over unpaid assessments and other fees, state legislatures have been to address the situation.

NO. 2: HOA, CONDO ASSOCIATION GROUP WEIGHS IN ON FORECLOSURES OVER UNPAID ASSESSMENTS, FINES

Condo boards and HOAs foreclosing over unpaid fees getting attention in state legislatures. | Published January 2, 2025 | Read Full Story by Michael L. Hyman

An aerial view of Jackson Medical Towers, at 1500 NW 12th Avenue in Miami, Florida on Jan. 2, 2025. The Public Health Trust of Jackson Health System has approved a deal with Related Urban to demolish two existing towers, known as Jackson Medical Towers, and construct affordable workforce housing and an extended stay hotel. By AL DIAZ

NO. 3: CAN THESE TOWERS HELP AN AFFORDABLE HOUSING CRISIS IN MIAMI? TAKE A LOOK AT THE PLANS

The complex includes hundreds of rentals and a hotel. | Published January 10, 2025 | Read Full Story by Michelle Marchante Rebecca San Juan

A rendering by PPKS of Doral of the proposed Doral International Towers, a residential and commercial complex on the grounds of former President Donald Trump’s Doral resort.

NO. 4: DORAL APPROVES TRUMP’S LUXURY CONDO DEVELOPMENT, WITH UNITS STARTING AT $2 MILLION

Donald Trump’s Doral resort has received final approval for his latest real estate venture in South Florida—an ambitious luxury condominium project. | Published January 16, 2025 | Read Full Story by Verónica Egui Brito

Aerial view of downtown Miami on Monday, May 10, 2021. By MATIAS J. OCNER

NO. 5: FLORIDA CONDO COSTS OFFICIALLY DROPPED FROM SPECIAL SESSION AMID REPUBLICAN SHOWDOWN

Elderly Floridians to become “next wave of homeless,” one Republican ally of Gov. Ron DeSantis predicted as a result. | Published January 27, 2025 | Read Full Story by Alexandra Glorioso

Mario Verciani, CEO of SmartCore Systems, displays a sensor same as the ones installed at the Bay House Miami Residences in Edgewater, by his company that provides structural health monitoring (SHM) services to buildings including condominiums, in Miami, on Tuesday February 11, 2025. By Pedro Portal

NO. 6: STURDY, SINKING, SHAKY? MIAMI COMPANY OFFERS AN EARLY WARNING SENSOR SYSTEM FOR CONDOS

‘We have monitoring in place, and our structure has not moved. We have real time data.’ | Published February 14, 2025 | Read Full Story by Denise Hruby

A view of a resurgent Northeast Second Avenue in the heart of Miami’s Overtown neighborhood in April 2021, with the Plaza at the Lyric apartments at left and a Red Rooster restaurant in the background at right. By Pedro Portal

NO. 7: RENTERS ARE PAYING LESS FOR APARTMENTS IN MIAMI, BUT THERE ARE ISSUES. SEE THE COSTS

Here’s a look at housing costs and ways to navigate the crisis. | Published March 14, 2025 | Read Full Story by Howard Cohen

Angela Albury, expresses her frustration of waiting for 5 years for her house to be constructed, as she attended to a press conference held by the Neighbors and Neighbors Association (NANA), alongside the Circle of Brotherhood to address what they describe as ongoing attempts by Miami-Dade County Commissioner Keon Hardemon to hinder their work in the community and putting an affordable housing projects at risk in Liberty City, Miami, Florida. on Tuesday March 25, 2025. By Pedro Portal

NO. 8: AFFORDABLE HOMES HANG IN THE BALANCE AS MIAMI-DADE COMMISSIONER, NONPROFITS SQUABBLE

Black residents in Miami can’t move into their homes. | Published March 26, 2025 | Read Full Story by Raisa Habersham Douglas Hanks

This report was produced with the help of AI tools, which summarized previous stories reported and written by McClatchy journalists. It was edited by journalists in our News division.