Imagine breaking ground on your Miami multifamily project, only to learn steel costs spiked 25% overnight due to new tariffs. Your budget stretches thin, timelines slip, and investors start to worry. Unfortunately, this isn’t just hypothetical—it’s the reality Florida developers face as tariffs take effect in early 2025. Let’s explore exactly what these tariffs mean for your commercial property investment … Read More
The Tariff Effect: How New Tariffs Could Impact Florida’s Commercial Real Estate Market
Could global tariffs derail your Florida real estate dreams? Here’s how rising costs could hit your next project—and what to do about it. Let’s break it down. Why Tariffs Matter to Florida Commercial Real Estate In 2025, new U.S. tariffs could increase construction costs in Florida by 3% to 7%, hitting developers and investors hard. With tight margins already—especially in … Read More
How Florida’s Live Local Act Is Impacting Developers and the Housing Market
Florida’s Live Local Act was designed to address the state’s affordable housing crisis by offering tax exemptions and zoning benefits to developers. However, uncertainties in the law, particularly around zoning definitions, tax incentives, and municipal opt-outs, are creating challenges that could slow down development and impact financing options. At Walter Duke + Partners, we specialize in commercial real estate appraisals, … Read More