2748 Northeast 20th Street, Fort Lauderdale, FL 33305

Peter Barkin and Mark Gilman have been successfully supporting the real estate dreams of buyers and sellers in South Florida for over 20 years. In 2002, Peter and Mark teamed to create the Barkin-Gilman Group, a highly respected and successful brand within the South Florida real estate community. Peter Barkin and Mark Gilman have been recognized as among the top half of one percent of real estate professionals nationwide. In 2017, the Barkin-Gilman Group was rated #15 in gross commission income for real estate teams throughout Florida, and the #1 team in Fort Lauderdale in 2018. Haute Residence caught up with the Barkin-Gilman Group to discuss why Fort Lauderdale is the perfect place in South Florida to invest in real estate:

What is the reason so many New Yorkers and Northeasterners are moving to Florida and Ft Lauderdale from the Northeast? Is it mainly due to the tax breaks in Florida? Are there any other major factors too?

Fort Lauderdale, Florida has become an all-year-round destination to buyers from the Northeast. In short most new residents fall in love with the South Florida lifestyle during a vacation or through social media postings. The tax advantages in Florida are significant with no state income tax, no state death tax or estate tax, Florida Homestead Law which protects residents from losing their home to a creditor or lien holder (except for mortgages), Florida Save Our Homes Act (this provides for a homestead exemption on a Floridian’s primary residence and Tenancies by the Entirety.

How much money can a NY Resident expect to save each year if they move their primary residence to Florida?

Savings can vary from homeowner to homeowner; however, 6 months plus 1 day in Florida can equal thousands of dollars in savings.

Do you see these laws changing anytime soon or is this situation going to be both a short term and a long-term situation with regards to the tax savings in FL?

Laws can change at any time, but for now, Fort Lauderdale has become a 365 day per year destination with better tax benefits than in the North East.

Are there any other financial benefits of moving to Fort Lauderdale and Florida from NY and the Northeast?

Florida's tax climate is also extremely welcoming to individuals who are moving businesses from the Northeast. Some business-related taxes you won't have to pay include corporate income tax on limited partnerships or subchapter S-corporations, corporate franchise tax on capital stock, property tax on business inventories or goods-in-transit (for up to 180 days on the latter), sales tax on the purchase of raw materials for use in a product intended for resale or sales or use tax on the co-generation of electricity.

Why is Fort Lauderdale specifically such a perfect part of South Florida to invest in real estate in?

Although Fort Lauderdale is well known, we are still overshadowed by Miami and Palm Beach due to the push by the media on our sister cities, which has actually been a huge success for Fort Lauderdale in the long run. Our cost per linear square footage of waterfront and cost per square foot of homes is far less than in the surrounding counties. Our waterways are known as the Venice of Americas and Fort Lauderdale is host to the largest International Boat Show in the world. It is far less to purchase new construction or resales in Fort Lauderdale and our traffic is less congested. Our Airport and Seaport are within minutes of most locations and we are now becoming an International destination as well. The bottom line is it costs less to get more in Fort Lauderdale, Florida.

The post Compass’ Barkin-Gilman Group Discuss Benefits Of Investing in Fort Lauderdale appeared first on Haute Residence by Haute Living.

Haute Living’s “Luxe And Leisure Weekend” was a weekend where guests were able to indulge in a weekend of luxury as Haute Living and Brickell City Centre partner together to present a series of curated events featuring some of the world's greatest luxury brands in the watch, automobile, fashion, and culinary industries. One of the many highlights from the weekend was a special real estate panel for Haute Residence about the future of downtown Miami that took place at Rise tower at Brickell City Centre.

The panel was moderated by Related ISG’s Alex Vidal and included powerhouses in the real estate area such as Douglas Elliman’s Cecilia Hinojosa, Related ISG’s Craig Studnicky, ONE Sotheby’s Harvey Daniels, Engel & Völkers’ Magnus Jennemyr, and Compass’ Andres Larin.

During the discussion, many interesting points were brought up about the downtown Miami area. Those in attendance who are downtown residents may have agreed with many of the observations and predictions that were brought up.

One point that came up in the talk was downtown becoming more connected than ever before. Harvey Daniels states "there's always been a break.. and now there's connectivity, a flow of retail and restaurants." If you’ve been in the downtown Miami area lately, you’ve seen the scooters that downtown residents and visitors are utilizing to maneuver from various downtown establishments that are short distances. With new buildings and restaurants being built, residents are living feet away from downtown museums and restaurants that bring the community closer than ever.

Many real estate professionals noted that 10 years ago, no one wanted to live in the downtown Miami area. Andres Larkin spoke about how he's been in Miami for about 10 years and feels "we have now reached that work, play lifestyle." An appealing quality developers are taking note of is creating working spaces in their buildings. With spaces to work and live, buyers feel more inclined to lease or buy because they have no commute time and they are getting a space to live and work in one building.

Panelists noted how downtown Miami is becoming more metropolitan like New York City. Like New York City, downtown Miami is creating more public spaces where people can partake in outdoor yoga along with various entertainment shows happening that appeal to everyone. With places like Brickell City Centre hosting farmer’s markets and other community activities, downtown residents are able to feel more connected to their neighbors like never before.

The discussion ended with giving Miami an age if it were a person. Many said Miami was a mature woman in her 30s while Cecilia Hinojosa believes Miami is "ageless." Miami, especially the downtown area, is maturing. It’s no longer just a place to go out during the weekend and leave. Downtown Miami is providing something for everyone. For the entrepreneur who wants to live close to his business to the family who wants to ditch their car to live in a more pedestrian-friendly environment to be in the mix of things. There’s a neighborhood in Miami for everyone. More and more buyers are seeing the growth that has happened in downtown over the last few years and want to be a part of it. For those looking to buy in the downtown Miami area, it is definitely the best time to do so. Downtown Miami is becoming the hub for all things and with developers taking note of what buyers are wanting as they look in the downtown area, more and more people will see that there’s a place for them downtown.

The evening ended with a cocktail hour in one of Rise towers' penthouses where attendees were able to take in the breathtaking view of downtown Miami's Brickell neighborhood. Here, guests were able to experience firsthand all that living downtown is about. With residential buildings like Brickell City Centre's Reach and Rise towers, buyers are able to be in the midst of everything like proximity to amazing retailers, restaurants and have amenities that give them the luxurious Miami lifestyle.

Photos courtesy of Romain Maurice

The post A look at Haute Residence’s Leading Agents Of Downtown Miami Real Estate Panel appeared first on Haute Residence by Haute Living.

Prepare to live a life of sophisticated luxury in an oasis of serenity. Modern design, a luminous open floor plan & soaring ceilings contribute to the luxurious allure of this highly detailed residence. Situated in the subdivision of Coral Ridge & surrounded by lush mature landscaping for ultimate privacy. The tropical lifestyle is enhanced by multiple doorways integrating indoor & outdoor living spaces. The covered loggia overlooks the heated salt water pool with cascading fountains & custom summer kitchen. The center of the home revolves around a custom culinary kitchen that opens to a large family room. The 1st-floor master suite & lavish bathroom provide the ultimate retreat. Custom office, formal dining rm, butler's pantry, sound system throughout, full home generator. Sq ft from IMAP.

Address: 2748 Northeast 20th Street, Fort Lauderdale, FL 33305

Price: $2,250,000

For more information, please contact Peter Barkin and Mark Gilman at 954-675-6656 or mark.gilman@compass.com

Peter and Mark Barkin are the exclusive agents representing the East Ft Lauderdale/Las Olas Area real estate market as a member of the Haute Residence Real Estate Network. View all of their listings here.

Photos courtesy of Peter Barkin and Mark Gilman 

The post Alluring Fort Lauderdale Home appeared first on Haute Residence by Haute Living.

The Barkin-Gilman Group at Compass is pleased to present this meticulously crafted estate boasting the essence of deep waterfront living in East Fort Lauderdale. Completely customized with smart home technology and attention to details. Soaring ceilings, large rooms with an abundance of natural light fill the open floor plan. A true culinary kitchen, formal dining room, temperature controlled wine room, and 1st-floor luxurious master retreat. Elevator, game room and unparalleled home theater. Summer kitchen, waterside pool/spa and 2 power stations for the avid boater.

Address: 174 Royal Palm Drive, Fort Lauderdale, FL 33301

Price: $4,950,000

For more information, please contact Peter Barkin and Mark Gilman at 954-675-6656 or mark.gilman@compass.com

Peter and Mark Barkin are the exclusive agents representing the East Ft Lauderdale/Las Olas Area real estate market as a member of the Haute Residence Real Estate Network. View all of their listings here.

Photos courtesy of Peter Barkin and Mark Gilman 

The post Meticulously Crafted Fort Lauderdale Estate appeared first on Haute Residence by Haute Living.

Bedrooms: 3

Bathrooms: 2.5

For more information, please contact:

caryn.botknecht@compass.com

954.647.3884

Listing link: https://www.compass.com/listing/2001-north-ocean-boulevard-unit-601-boca-raton-fl-33432/74305910012446369/?origin_type=Listing%20Card&origin=Agent%20Profile%20Page

Photo courtesy of Caryn Botknecht 

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