Ian McMinn and Ingrid Caruso- Miami Luxury Real Estate Agents- Majestic Properties

Marquis Residences, Downtown Miami's newest and most elevated address.

Canyon Ranch Hotel and Spa, Healthy Living and Wellness.

Ian and Ingrid have a combined real estate experience of 20 years and are experts in their field. Both have lived in Miami since 1990 are very familiar with all neighborhoods in the city. Whether you are looking for a waterfront home on one of our many islands, a beach-front condo, an art deco studio, or investment property, we pride ourselves in connecting you with your own piece of paradise.

We love what we do and it shows in our longevity and consistent results. We are honest, trustworthy, and reliable. We are expert negotiators and versed in all aspects of the real estate deal. How can we help you?

The Real Deal Miami

Today’s priciest listing

Today’s priciest new listing is a Miami-Dade, five-bedroom, four-bathroom, 6,070-square-foot single-family home, asking $2.3 million, according to Condo Vultures. The house, which was built in 1998, is located at 6820 Southwest 115th Street and sits on a 43,864-square-foot lot. It features a working fireplace, office, his and her bathrooms in the master suite and a pool. Jacqui Morgan of Coldwell Banker has the listing. (Condo Vultures data includes condos and single-family listings in the main metropolitan [more]

Proposed Miami Beach hotel site faces foreclosure

WSG Development’s proposed extension of Golden Sands Canyon Ranch hotel at 6901 Collins Avenue in Miami Beach is under threat of seizure after a Lehman Brothers affiliate filed a foreclosure lawsuit against the developer, according to the South Florida Business Journal. The original 1951 Golden sands hotel was foreclosed upon in 2009 and the adjacent site, which was bought in 2005 by WSG for $19 million, will most likely suffer the same fate. The property [more]

Low wages, housing values drawing companies to relocate to South Florida

The housing bust and the following recession hit South Florida particularly hard, but there is an upside to having an economy in the beginning stages of recovery — corporate relocation, the Miami Herald reported. South Florida is one of the cheapest areas of the country to do business, ranking sixth out of 35 in a recent survey from Boyd Company, a corporate-relocation firm in New Jersey. Because it has some of the nation’s lowest average [more]

Majority of brokers believe U.S. housing market is already recovering

Confidence in the U.S. housing industry has returned, and as The Real Deal previously reported, bottoming prices and record affordability are bringing buyers back to the market. Now brokers are feeling the positive effects. Four out of five brokers say that they believe the housing market has stabilized and 70 percent say that prices are on their way back up, according to a national survey of 1,022 RE/Max agents cited by Property Wire. “For active real estate [more]

Boca’s Ocean Strand to stay public park

Boca Raton community activists have succeeded in their efforts to keep Ocean Strand on A1A a public park, along with restoring Lake Wyman, the Sun Sentinel reported. The City Council voted unanimously on May 8 to fund the projects, which have been stalled over funding disputes, flooding concerns and a study needed to designate the land for public use. The delay and public controversy have led to a rethinking over the projects. Mayor Susan Whelchel

Tamarac’s Sabal Palm sells for $10.8 million

The Sabal Palm apartments have sold for $10.75 million, the South Florida Business Journal reported. The seller was Sabal Palm Associates, an affiliate of the Related Group. The property is located at 5900 NW 46th Terrace. The buyer was YMP Golf Villas, according to Broward County records. YMP is based in Fisher Island. [SFBJ]

South Beach’s Sense Hotel sells for $5.2 million

The 18-room Sense Hotel on South Beach has been sold for $5.2 million to Ocean Units, a limited liability company, the South Florida Business Journal reported. The company is based in Miami Beach. The hotel, which went into foreclosure in May of last year, is located at 400 Ocean Drive. It was one of a group of new boutique hotels to open in Miami Beach in the last two years. [SFBJ]

U.S. Postal Service shuttering Broward processing centers, moving to Miami

The U.S. Postal Service is shutting down its two large mail processing centers, the Sun Sentinel reported. The properties, which are part of a group of 140 centers to be closed across the country, will see their operations moved to a facility in Miami. “We have to make some difficult decisions sometimes and this is one of them,” said Debra Fetterly, regional spokesperson for the U.S.P.S. The move has encountered criticism from Broward County Mayor

Matz adds to portfolio with new SoBe eatery The Meatball Joint

New South Beach eatery The Meatball Joint will open on Monday, Eater reported. The restaurant, which is an expansion of Chef Bernie Matz’s South Florida portfolio, is located at 1570 Alton Road at the former space of King Kone. Matz’s other local eateries include Bernie’s Latin American Cafe and Books & Books; the latter is located on the Lincoln Road pedestrian mall. [Eater]

Cost of Florida Power & Light nuclear expansion jumps $600 million

Florida Power & Light’s planned expansion of four nuclear reactors at its nuclear plants in Florida is proving costlier than initially anticipated, the Palm Beach Post reported. The project, which includes Miami-Dade County’s Turkey Point facility, has seen its price rise to $3 billion, a $600 million increase. “Simply put, the additional cost mainly reflects that more engineering, labor and supervision work is needed to complete the installation of the upgraded equipment in the plants,”