Fueled by her “comeback concert,” her divorce settlement and her new hair growth, she has placed her Malibu home for sale, and looking over properties in Miami Beach in the $30 million price range.

Latin hipmaster and pop star Shakira is selling her North Bay Road 6500-square foot manse for $6 million but opting to stay in the neighborhood she shares with P. Diddy, Lenny Kravitz, Shaquille O’Neil, Billy Joel, and Matt Damon, and willing to pay thrice the amount to do it.

This uber-priced Miami celebrity home trend can be traced back to real estate investor Todd Michael Glaser known for mammoth Miami high-rises (Ten Museum Park and Element) who flipped his 20,000-square-foot 5020 North Bay Road home (Carl Fisher Estate – the biggest on North Bay Road), for nearly $40 million, just one month after hitting the market in 2006, breaking Miami-Dade County’s record for the 1999, single-family home sale of $27.5 million.

And what does nearly $40 million buy in Miami these days? Well, lots of bathrooms for sure (see Blog entry below) and: 2 two-story, one-bedroom guest villas, a carriage house, poolside cabana, coffered ceilings, 1,400 square-foot loggia with fireplace, wine cellar, expansive outdoor marble terrace, bank-size hidden safe, 2,000+ square-foot master suite with a separate 430 square-foot terrace, street-front privacy wall, 270 feet of waterfront, and a massive dock built to accommodate a 90+ foot yacht.

The prices don’t change up the coast, either.

Tiger , once an Orlando resident, moved into our nick of the Woods. He bought a $38 million, 10-acre compound on Jupiter Island in 2006.

And finally, Cher, who’s “Miami Struck” and collecting Miami properties, is selling her Key Biscayne home, but according to The Miami Herald, does not plan to move away from the Magic City and also owns a home on LaGorce Island and a vacant lot on Tahiti Beach in Coral Gables.

So, Britney, we’re sure you’ll find a nice new Latin boy in Miami who will treat you right, and we’re happy you’ve moved on.

Coastal Construction Group, led Tom Murphy Jr., a Miami-based firm which builds one-of-a-kind luxury homes throughout South Florida for high-profile superstars, like Dan Marino’s home in Weston, condos like Aqua Island, schools in Miami-Dade County, etc.

Now, Coastal, which set the bar for the community in which Marino’s house was built, Windmill Ranch Estates, is redeveloping an existing resort in the Bahamas called Valentine’s Resort and Marina in Harbor Island and upgrading the property with a new restaurant, marina, facilities and nearly 50 gated homes and condo-hotel units, a la Weston.

The magazine also cites one big reason why developers are heading a few miles offshore: retail mortgage lending is easier than ever. Banks lend more, so investors feel safer, and at the same time, this bridges the gap between the types of investors (first-time individuals or bigtime development companies) who can throw their hat in the ring. Other reasons include the safety of gated resorts and U.S.-born creature comforts now available on foreign soil.

But even more interesting is that what the rest of the U.S. finds scary about Miami – its international community – works for Miami real estate. Realtors from Miami have international clout, after wheeling and dealing international clients for years, and thus, have shaped global marketing trends, forged international development connections and implemented global business standards.

And, caught in the middle as a gateway for Latin American business, it has a steady international clientele. More than 22,000 residential units are under construction in the City of Miami, alone, according to Miami monthly, and more than 60,000 approved for next year.

Movie crews descended on Currie Park in Palm Beach yesterday to shoot the new film “The Prince and the Pauper,” starring twins Cole and Dylan Sprouse, from the popular Disney Channel show, “The Suite Life of Zack & Cody.” The film will use several locations throughout Palm Beach County.

“The Prince and the Pauper” is the most recent in a long line of movies that have used Palm Beach County cities and their prime South Florida real estate for their settings and locations.

“The Boynton Beach Club”, was shot at several homes in Boynton Beach, as well as other locations in that city. The decision to use Boynton Beach as both the setting and the location for the film was a no-brainer—the idea for the movie came from director Susan Seidelman’s mother, Florence, who lives in a gated community in Boynton Beach. The film, which stars Dyan Cannon, Joseph Bologna, Brenda Vaccaro and Michael Nouri, had a shoestring budget, and depended on Florence’s neighbors allowing shooting on their streets, in their homes and community.

Another recent film using Palm Beach as a backdrop was the 2005 movie “In Her Shoes,” starring Cameron Diaz, Toni Collette and Shirley MacLaine, and based on the bestselling book by Jennifer Weiner. The film was shot in Briny Breezes, a mobile home community near Boynton Beach, as well as Delray Beach.

Other films that have used Palm Beach County locales include 2003’s “Bad Boys II,” starring Martin Lawrence and Will Smith, which used a mansion in Delray Beach as a location; 2001’s “Heartbreakers,” starring Sigourney Weaver and Jennifer Love Hewitt, which was filmed at The Breakers in Palm Beach, Red Reef Golf Course in Boca Raton and Flagler Drive in West Palm Beach; 1981’s “Body Heat,” starring Kathleen Turner and William Hurt, used downtown Lake Worth as a location; and 1997’s “Donnie Brasco,” starring Al Pacino and Johnny Depp, which used the Palm Beach County Kennel Club as a location.

Former NBA star Earvin “Magic” Johnson plans to work a little magic in the Magic City.

Johnson is head of an investment fund with a majority stake in a major condo project in Little Havana, aimed at making housing affordable again near downtown Miami.

The complex will be called Morrison, and will include 395 units in two 19-story towers. The project will include ground floor retail space as well as office condo space. The Morrison project will break ground next year and is set for completion in 2009. Units will cost between $250,000 and $350,000, with a 5 percent down payment instead of the usual 20 percent.

A project like this could help solve a problem that’s been brewing for years in the wake of skyrocketing housing costs: What happens to workers who have been priced out of South Florida’s housing market?

That has been a concern of Johnson’s, who formed Canyon-Johnson Urban Funds in 1999 with business partner Bobby Turner, with an eye toward investing in urban areas. Johnson has said that he believes developers and local governments have ignored urban revitalization, opting instead for regentrification, which draws well-heeled homeowners to once blighted areas, forcing out residents who already call the place home.

Johnson’s philosophy is simple: make neighborhoods nice for people who live there, keep it affordable and don’t displace residents in favor of wealthy buyers.

The Morrison will be built at Flagler Street and Southwest Avenue in Little Havana. Canyon-Jones has already invested in other parts of Miami, including Downtown Dadeland, a condo and retail project being built in the burgeoning downtown Kendall area.

Shaq’s new company, The O’Neal Group, claims to already have invested over $50 million in residential and commercial real estate- not bad for a new startup.

With Shaq’s personal wealth and personal cache, The O’Neal Group plans to expand its portfolio of South Florida real estate as well as invest in landmark properties throughout New Jersey and Los Angeles.

One of the first such investments is in the Metropolitan condo project in Miami, where Shaq will also purchase a “sky loft” at the Met3 for personal use, although he will not live there. Shaq will also open one of his personally branded fitness facilities in the condo, the third he will operate in South Florida. Terms of the deal were not disclosed.

According to Shaq, “this is not a fee arrangement”, saying he plans to invest in real estate for the rest of his life.

I wouldn’t bet against the 7+ footer. With his fame and deep pockets, he has what it takes to turn his personal interest in real estate into even greater success and fortune.

How cool would it be to buy Marino’s house? How cool would it be to have $15.9 million?

Its hard to believe but Dan and his wife Clarie purchased the home for less than $400,000 in 1994. Even if they spent another $5-10 million over the years “fixing it up”, that’s still a $5-10 million profit in 12 years. Even their real estate agent could make over $750,000 on the deal.

You can see a map of his neighborhood and house values on Zillow.

I’m working on getting some photos of the property.