New Miami Zoning Risks Every Buyer Must Know

And getting into the geographical nuts and bolts of this, when we look at South Florida, and we can just, for the sake of this part of the conversation, we can look at, for example, Miami.

The areas where we're seeing more of that, I guess, the qualification for live local to happen.

You mentioned Kendall.

And then you mentioned main arterial routes as well because of accessibility to public transport and things that workforce housing candidates would need.

The areas that we're thinking about that are most impacted, because of course we deal with a lot of our markets, the luxury real estate markets.

So by watchers and readers, there will be a blog that will go with this podcast to explain it in more detail.

For those who are watching and they're thinking to themselves, this is great, but does it really impact me? What's the conversation that's being had right now for those being impacted that are not, let's say, workforce individuals?

It's a great question.

And it's not just live local.

It's live local.

If we talk Miami-Dade County, for example, as well as cities like Miami, a series of ordinances have been adopted that give developers the additional incentives.

Why? Because South Florida and our elected officials are trying to, there's always been a pushback from developers wanting to push out along the edges, right? What we know as the urban development boundary.

So here comes these incentives for infill housing, incentives for things that are along the corridors, like you said, and things that run along transit, things like metro rail and busways.

So yes, the majority of the impacted areas are in the areas that are adjacent to corridors, adjacent to transit.

And for the person that lives in a traditional single family neighborhood, the impacts and the reality is South Florida is changing.

Our landscape is changing because of how our legislators have had to adopt regulations that create these incentives to address the big affordability problem that we have in South Florida.

And what does that mean to that person that you're

referring to? You might be living along the

edge of a single-family residential area where beyond that edge, what was otherwise duplexes, triplexes, and maybe low garden-style apartments may now, because of workforce housing regulations and incentives and live local, might now be becoming eight floors or even 12 floors and so on.

So the landscape is changing.

There's a lot of anxiety with...

What does this mean to me? What does it do to my neighborhood? What does it do to my property values? What does it do to traffic? How does it impact infrastructure, water, sewer? All these things are causing a lot of anxiety in this town.

So I'm imagining in very simple terms, you are sitting in your back garden.

You are on a single family lot.

You're sitting by your pool.

And getting into the geographical nuts and bolts of this, when we look at South Florida, and we can just, for the sake of this part of the conversation, we can look at, for example, Miami.

The areas where we're seeing more of that, I guess, the qualification for live local to happen.

You mentioned Kendall.

And then you mentioned main arterial routes as well because of accessibility to public transport and things that workforce housing candidates would need.

The areas that we're thinking about that are most impacted, because of course we deal with a lot of our markets, the luxury real estate markets.

So by watchers and readers, there will be a blog that will go with this podcast to explain it in more detail.

For those who are watching and they're thinking to themselves, this is great, but does it really impact me? What's the conversation that's being had right now for those being impacted that are not, let's say, workforce individuals?

It's a great question.

And it's not just live local.

It's live local.

If we talk Miami-Dade County, for example, as well as cities like Miami, a series of ordinances have been adopted that give developers the additional incentives.

Why? Because South Florida and our elected officials are trying to, there's always been a pushback from developers wanting to push out along the edges, right? What we know as the urban development boundary.

So here comes these incentives for infill housing, incentives for things that are along the corridors, like you said, and things that run along transit, things like metro rail and busways.

So yes, the majority of the impacted areas are in the areas that are adjacent to corridors, adjacent to transit.

And for the person that lives in a traditional single family neighborhood, the impacts and the reality is South Florida is changing.

Our landscape is changing because of how our legislators have had to adopt regulations that create these incentives to address the big affordability problem that we have in South Florida.

And what does that mean to that person that you're

referring to? You might be living along the

edge of a single-family residential area where beyond that edge, what was otherwise duplexes, triplexes, and maybe low garden-style apartments may now, because of workforce housing regulations and incentives and live local, might now be becoming eight floors or even 12 floors and so on.

So the landscape is changing.

There's a lot of anxiety with...

What does this mean to me? What does it do to my neighborhood? What does it do to my property values? What does it do to traffic? How does it impact infrastructure, water, sewer? All these things are causing a lot of anxiety in this town.

So I'm imagining in very simple terms, you are sitting in your back garden.

You are on a single family lot.

You're sitting by your pool.