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The luxury market rebounded during late 2020, as employers and executives, have been leaving high-density cities with high taxes in favor of Florida’s weather and tax advantages. ....
More out-of-town financial execs spend millions on Miami Beach houses. Yes, more Rebecca San Juan, The Miami Herald Feb. 1 Two more financial executives bought houses in Miami last week, proving that the inbound migration of investors is far from over. Byron Roth, chairperson and CEO of the California-based investment banking company Roth Capital Partners, and Jason Wright, partner at the New York-headquartered Apax Partners, bought houses in Miami Beach, as reported in the South Florida Business Journal and The Real Deal, respectively. Roth bought the two-story waterfront home of former TV producer Douglas Cramer and artist Hubert Bush III on La Gorce Island for $23 million. Cramer produced The Brady Bunch and Star Trek. The house has four bedrooms, five bathrooms and two half bathrooms. Prior to Cramer, the house was owned by the late famed attorney Dan Paul. ....