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Until last year, cities that imposed their own municipal resort taxes — including Miami Beach, Bal Harbour and Surfside — were exempt from the homeless tax. But the state law was changed in ...
These taxes are separate from the county-wide tax. The rate in Bal Harbour and Surfside is 4%, while it is 7% in Miami Beach. [18] Municipal resort taxes "must be used for among other tourism related activities, for the enhancement of tourism, publicity and advertising purposes" according to statute.
Update: On Wednesday, after this story was first published, the Miami Beach City Commission voted 4-3 to rescind Referendum 8 on the 1% tax for homeless services. The decision means the results of ...
SoLé Mia is a 184 acres (0.74 km 2) master-planned community located in North Miami, Florida, east of Biscayne Blvd, within an enclave on Biscayne Bay. [1] The project was called a "mini-city" by The Miami Herald and has the first man-made lagoon in South Florida as well as plans for more than 4,000 residences, retail and office spaces, a medical facility, school, hotel and parks.
Of the 15.86 million people staying in the county in 2017, 58.5% lodged in Miami Beach. Resort taxes account for over 10% of the city's operating budget, providing $83 million in the fiscal year 2016–2017. On average, the city's resort tax revenue grows by three to five percent annually. Miami Beach hosts 13.3 million visitors each year.
The proposed sale of a Miami Beach condo project developed by Rishi Kapoor means buyers may lose, collectively, $10 milion in deposits.
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Fontainebleau Resorts, LLC, is a resort-hotel company started in Florida by South Florida real estate developers Turnberry Associates [1] and the Plant family in 2005, after their purchase of the Fontainebleau Hotel in Miami Beach. The two families each hold a 50% stake in the company. The company is based in Enterprise, Nevada. [2] [3]