This Week with Tropical Phoenix Homes

This week's issue is packed with some unique real estate and lifestyle perspectives that you can only find here in my newsletter and on my blog. First, a very special thank you to all of you who attended our inaugural Collaborators: Success Through Community event, which I'll touch on below. Also, I'm extremely grateful to our Brand Partner for our upcoming deep dive on Cocoplum & Tahiti Beach – SAINT Charters. If you're looking for a luxury experience on the water, you've got to check out my day with them in the video below. Finally, we highlight a variety of market updates and property highlights around South Florida. We were all expecting the Fed rate cut, but what's the near-term impact for real estate in South Florida and The Bahamas? I wish you a wonderful Sunday evening and week ahead. If you’re in South Florida, enjoy the lovely weather and the first day of “Fall” (locally known as “Late Summer”). With Gratitude,Jennie Collaborators: Success Through Community Inaugural Event Recap Last week, I hosted our inaugural Collaborators: Success Through Community event at our office’s listing located at 34 Cayuga Rd in the private community of Sea Ranch Lakes (a special thank you to Frank and Niliana Garcia!). Thank you to all of the local business leaders and their esteemed guests for attending. Our goal is to help foster new relationships, showcase local businesses that are the fabric of our communities, and provide unique traffic to our listings with high-caliber guests in an intimate setting. Thank you to all who helped make this wonderful evening happen! And please enjoy the event recap video above. Our next event will be on 10/10/24 at 615 Royal Plaza, a magnificent waterfront estate just off Las Olas Blvd in Fort Lauderdale (see nearby below). If you are interested in attending for a night of relationship building and collaboration, please let me know! The event is by invitation only and of limited availability. Values Key Takeaways - Coral Gables SFHs Check out my 90-second Key Takeaways video from our Values Market Report Series! As we transition into late summer, here’s a macro view of the $1M+ Luxury Single-Family Home Market in Coral Gables. Is the market hot or not? Watch the clip to learn more and reach out if you need help with any Coral Gables luxury real estate. Stay tuned for more South Florida market recaps! View my recent South Florida in-depth market reports below. Miami-Dade Coral Gables, Coconut Grove, Key Biscayne, Miami Beach Broward Fort Lauderdale, Sea Ranch Lakes, Lauderdale-by-the-Sea, Pompano Beach Palm Beach West Palm Beach, Palm Beach, Delray Beach, Boca Raton My Projects 7233 Los Pinos Blvd - Coral Gables, FL I’m so pleased to share an elevated approach to property marketing and real estate storytelling that I will be implementing in all of my future listings. Please enjoy the preview below of the full segment on 7233 Los Pinos Blvd, a renovation project I’m truly proud to share with you. This estate will be a part of my upcoming podcast deep-dive and market report on Cocoplum and Tahiti Beach. Offered at $7.975M.  View The Property Film Wants and Needs I am currently working with a buyer searching for a waterfront lot in the prestigious east Fort Lauderdale waterfront community of Seven Isles where the family can build their dream home. (I am going door-to-door, so if you see me in person, please say hello!) If you know of anyone looking to sell in a convenient off-market transaction, I would appreciate you thinking of me. Should you be interested in buying or selling in Seven Isles, please check out my in-depth community page on my website. View This Community I am also helping a friend with a 112’ Westport find a temporary home for their yacht in Fort Lauderdale. We are seeking 120’ of dockage with a three-phase power hookup. The owners are willing to pay a market monthly rate, and the yacht is also for sale – please message me if you’re interested in either transaction. Brand Partner Spotlight 615 Royal Plaza Dr, Fort Lauderdale, FL This stunning and sophisticated masterpiece is a boater’s dream with over 100’ of premium deepwater frontage. Located within the historic Las Olas Isles community of Fort Lauderdale on prestigious Royal Plaza Dr, this recently constructed estate is loaded with spaces and features that will appeal to full-time or seasonal residents. View more or contact me to setup a showing. Offered at $9,495,000. Please setup an appointment with me to see this incredible home. View This Property Catch Me at Conrad What a view! Every week you can visit me at the Engel & Völkers Sales Center inside the Conrad Fort Lauderdale Beach hotel lobby. Learn more about owning an oceanfront, amenity rich, and luxurious lifestyle right on the beach, and how we can help you offset the cost of ownership through the Hilton or self-management rental programs. Please connect with me to setup an appointment. View Available Residences Residence Spotlight: #R1902 You don’t want to miss this beautiful northwest corner condo in the Ocean Resort Residences at the Conrad Fort Lauderdale. Featuring 3 beds and 3.5 baths across a spacious 1,590 SF, you’ll enjoy sweeping views of both the beautiful beach and stunning city skyline (it’s truly the best of both worlds). This residence makes for a great place for quick trips, extended stays, or a new beachfront home. Schedule an appointment with me and I’ll be happy to give you a tour! View This Condo Capital Markets What's Caught My Eye A well-telegraphed secret was that the Fed was going to cut the U.S. benchmark interest rate in search of the fabled “Soft Landing,” and that’s exactly what happened last week with a 50-basis-point cut. The data shows it was a slow-ish summer in certain South Florida luxury markets, but active inventory is picking up throughout the region, and we can expect an active Fall/Winter transaction season with the cost of capital actually coming down, along with robust public markets (boosting portfolios and confidence). While the recent cut may have been priced into some financing rates, I believe a steady cadence of rate cuts is going to motivate a meaningful number of buyers and sellers off the sidelines for both South Florida and The Bahamas. Why the Federal Reserve opted for the big interest rate cut   S&P 500 closes at record high after Fed makes jumbo cut to US interest rates  Why the Federal Reserve has gambled on a big interest-rate cut   U.S. Home Sales Slipped in August Despite Falling Mortgage Rates   Weekly mortgage demand surges 14% higher as interest rates hit two-year low   From the Islands New Development Showcase There’s no hiding my love for The Bahamas – one of my happiest places on Earth and the extended playground of South Florida. There is an impressive collection of luxury projects in the works, as well as opportunities in existing communities, available throughout the island paradise that I’m excited to share with my clients. I have curated a short list of first-class developments, each with its own flavor and offerings, representative of the unique vibe of their host island(s). Later this Fall, I will be presenting an overview of these communities online through my podcast, a dedicated section on my website, and in-person at an event in Fort Lauderdale – so stay tuned! In the meantime, don’t hesitate to reach out if you’re thinking about finding your own piece of Bahamian paradise – it would be my pleasure to help you and your family. REIMAGINE Thought of the Week Lots of single-family homes do not utilize their maximum buildable square footage (SF), which is of course fine depending on your needs. However, if you’re thinking about selling your home, getting an analysis of how much SF is available is a helpful bit of information to convey to a savvy buyer. If you’re feeling more ambitious, getting an addition approved (which can always be revised to another’s taste) takes that same exercise a step further and can add tremendous value when considering the sale of your home. To illustrate the point, please see a sample of two additions that I previously had approved for 7233 Los Pinos Boulevard. It doesn’t take a lot of effort to do the same, and I would be happy to help with an assessment before you put your home on the market.

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Tropical Phoenix Homes Introduction

Welcome to Tropical Phoenix Homes by Jennie Frank Kapoor. Buying and selling luxury real estate is evolving, and the competition for attention is intense. You need a luxury advisor that understands the current market, your wants and needs, in-depth data and analysis, and what makes a property your Home. Elevate your property's sales experience with amazing storytelling and marketing. And make purchase decisions based on insights. To us, it takes trust and teamwork. So confidently move transactions forward with Jennie Frank Kapoor. 

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Our Blog and Podcast Series

    Learn about our informative and distinct content series by Tropical Phoenix Homes   Thicken the Plot.  Every neighborhood has a story, and I wanted to find an informative, valuable, and entertaining way to share unique insights on the stories behind our tropical neighborhoods and the market activity within. Whether as specific as individual plots or as encompassing as entire neighborhood plats, the goal is to help my prospective-clients, clients, and collaborators understand both the art and science behind the luxury tropical real estate we aim to buy or sell, whether for personal or investment purposes.    Foundations. Designed as a sister series to Thicken the Plot (which focuses on SFH neighborhoods), this series is designed to share informative and entertaining deep dives on condominium buildings along with in-depth market analysis.   Good Deeds. Focusing on positivity and goodness in our communities, this series will feature transaction highlights, inspiring stories, and constructive thoughts on news that moves the market.   On the Rise. Featuring new luxury developments around our tropical markets that are great lifestyle opportunities (and a chance to buy early), I'll share unique insights and updates on projects that are in pre-development, under construction, or just completed.    Values. Taking a look at broader market level insights and trends with a focus on the numbers in executive summary format, this series will focus on monthly and quarterly updates with a bigger picture in mind. Coupled with our deep dives, this will give my clients, prospective-clients, and collaborators both the macro and micro view of the tropical markets we work within.   REIMAGINE by TPH.  This series takes a behind-the-scenes view of Jennie's renovations and rebuilds projects, providing our audience intimate insights into both the process and product side of the REIMAGINE business by Tropical Phoenix Homes.

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