Welcome to the blog page of Media Realty & Advisors. We’re pleased to offer this South Florida real estate blog which covers insights, up-to-date market data, research, and tips for South Florida investment real estate.
The Media Realty & Advisors blog focuses on what we call “middle core” real estate. By middle core… we mean multifamily housing inventory of 2-50 units.
These types of properties are growing exponentially. Did you know that Class “C” apartment building’s occupancy and rent growth now outpace luxury Class “A” rent growth? Perhaps you’re a Middle Core apartment owner. If you’re an owner of non-institutional Class “B” or “C” multifamily properties with between 2-50 units…then you own Middle Core Property.
If that’s you, Welcome! We specialize in just these types of properties. At Media Realty, we’ve found that middle core properties have special needs. They’re often “too big” for realtors who sell primary residences and “too small” for national investment property firms. That’s why all our work is to serve these investment properties and their owners.
In my South Florida real estate blog, I write tips, survival guides, and news JUST for middle core property owners. Here you’ll find data on comps and rent rates so you can tell if your property is performing. You’ll also find pitfalls and warnings on issues of code that relate just properties in the South Florida counties. South Florida is a wonderful place to live and own investment property, I hope you’ll find something useful in the South Florida real estate blog provided by my firm, Media Realty.
Infill development creates unique highest/best use exit strategies Now that there is virtually no vacant land left in Dade and Broward what happens? What’s the you benefit when land value is greater than the income approach? HIGHEST & BEST USE Highest and best use is one of the most important and least understood principles in…
What if there are no comparable sales for your residential investment property? So, you have a Broward County residential investment property that has served you well for many years, but for one reason or another, it has come time to divest yourself of this property. But perhaps your property is in a neighborhood where few…
Where to look for the Best Rental Income Properties in Florida – South East Metro Area If you’re a property investor wondering what the best rental income properties in Florida are, read on! My firm, Media Realty and I work in middle-core investments in the South Florida metro area. Our exclusive focus is family-owned investment…
Searching for an apartment building for sale in Hollywood Florida? Find a wide variety of multi-family homes, multi-housing properties, and apartment buildings for sale in Hollywood, FL here at Media Realty. As a specialist in multi-family investment properties, I know a good value when I see one. Since I work exclusively with “middle core” investment…
Who Pays Closing Costs in Broward County Florida Good work being prepared and doing your research in regards to knowing your closing costs when you sell a home. Many people find themselves in the dark as regards to who pays closing costs in Broward County, Florida. In general the the costs associated with the transfer…
How to Appraise Commercial Property in Florida As a Florida State Certified Real Estate Appraiser for 24 years and a Principle of The South Florida Appraisal House, I’ll admit that I have fairly informed opinions about how to appraise commercial property and which appraisal methods are best suited to a given situation. For those inexperienced…
Read on for 9 Ways to Revive a Stale Listing – In Order of Difficulty (but without lowering the price). As a homeowner or an agent…a stale listing can be worrisome. As an agent, I know that every single one of my peers has been there, no matter what their level of experience and drive. …
Why is your Commercial Property NOT Selling and What do You Do Now? Do you find yourself sitting on a commercial property that’s just not moving? No interest, no offers, nothing? Why is your property NOT selling, you’ll ask yourself…what went wrong? I’m here to answer that question. Did you know there are basically 2…
Make the Informed Choice – Request a PTM Before you Hire a Broker Before entering a new relationship with a broker for your commercial investment property, it is essential that you receive a Proposal to Market (PTM). This document is sometimes called a proposal for real estate services, or a project proposal. Yet it remains a…
As property owners we are still responsible for providing rental housing or commercial space consistent with our lease agreements. Currently, I am not aware of any relief being provided by utility companies or government agencies to owners of income properties even though we must continue to provide maintenance services, paying utilities and other related property expenses such as taxes and insurance.
Access Peter Dacko’s Proprietary Commercial Property Seller’s Platform If you’re buying, selling, or considering selling Southeast Florida real estate, we have a special offer that may fit your needs. Peter Dacko is a specialist in Southeast Florida real estate, particularly “Middle Core” real estate – multi-family investment properties of 2-50 units, and other small-to-medium commercial…
Out of Hundreds of South Florida Realtors – Only 1 Invents Thousands of Dollars in Your Property Before Bringing it to Market. That South Florida realtor is me, Peter Dacko. Greetings, it’s nice to meet you! There are hundreds of South Florida realtors as the area has such a dynamic and in-demand market. However, not all…
Transaction Management
Media Realty…Average DOM 33
Media Realty…List Price vs. Sale Price 97.01% Multiple Sales at or above list price
We understand how to compress time frames Closing occur within 60-120 days of List date
We understand the role of escrow management
We have the ability to increase the probability of a sale through the creation of a competitive purchasing environment.
Through our affiliate company, The South Florida Appraisal House, we can provide you with various reports or we can provide market /demand & pricing analysis. As part of the brokerage continuum, the first step is always to provide our clients with the very best information to enable them to make the most informed decision.
Media Realty understands the importance of finding and leasing to tenants who only show the proper credentials. We will lease your property to qualified tenants. First rent surveys are done to ascertain competitive market rents in any particular location. Media Realty markets vacancies by whatever means which have proven effective, including: ads in the print media (Miami Herald, Sun Sentinel, local publications and penny savers etc.), classified ads in major search engines, and online classifieds. Eye catching signs and banners may also be affixed on the property itself. A record of calls of prospective tenants is kept and follow-up calls are made to prospective tenants (if applicable).
As a commitment to the communities in which we serve, Media Realty believes the flow of information should be free-flowing. Upon your request we will conduct and deliver to you comparable sale reports, rent surveys, income and expense underwriting and tax abatement analysis.
As Dade and Broward counties are virtually built out, Media Realty’s highest and best use platform is instrumental in making the determination of a location’s highest and best use. This goes hand in hand our ability to create land assemblages.
Media Realty is committed to building long-term relationships that will enable our clients to maximize their net returns by providing a fully integrated level of service through our management platform. Understanding that the property management continuum consists of the five matrix which are management, leasing, rent collection, accounting/reporting and property maintenance, Media Realty has created the efficiencies to promote a unique ownership experience.
Media Realty Residential is our specialized brokerage arm dedicated to assisting principals in residential transactions. It is here that we can employ our in-depth skill sets such as valuation, demand & market analysis, customized marketing plans and negotiations skills to allow our clients to better achieve their maximum results through our value of representation.
Media Realty is a full-service real estate company with a business platform which includes brokerage services, property management, tenant placement services, and other ancillary services such as valuations, highest and best use analysis, and tax abatement. Through our commitment to creating and maintaining long term relationships, Media Realty is dedicated to reshaping our neighborhoods with best business practices and community involvement.
Media Realty will enable our clients to maximize their net returns by providing the best information which allows our clients to make the most educated decision in a timely manner.
Media Realty offers a unique value proposition no matter which side of the transaction you are on.
We are currently hold the reigns as top Brokers Firm with regards to market share in many of the neighborhoods we service.
Our marketing program is a unique action plan, which encompasses many areas of property promotion. For every property that is offered for sale, there are a limited number of potential buyers. The number of buyers becomes even more limited as the price of the investment approaches what is considered “THE MARKET”. It is our strong belief that to obtain the highest price, a competitive atmosphere needs to be created whereby qualified buyers are put in controlled competition with each other. It is our further belief that Media Realty & Advisors are in a unique position to accomplish this goal for you. Our plan ensures that all qualified prospects have been provided to accurate information about your property, ensuring that you receive the best possible price from a qualified buyer who will cooperate with us in helping you accomplish your goals. Our Commitment to Market Information requires Media Realty to conduct market surveys that can provide an accurate estimate of a property’s current value. A comparison of the market areas served by the firm enables an investor to assess the desirability of moving equities from one market to another in order to take advantage of local cycles.