Sunny Isles Beach Luxury Condo Sales of Q4. What’s happening in Sunny Isles Beach, and where are these great deals? Where would one begin with 225 luxury condos priced over $1M? In looking at new construction from 2005 and on, the inventory falls to 175 with ZERO bank owned and surprisingly only 5 short sales. […]
Category Archives: Buyers of South Florida
Miami Beach Real Estate Blog Down for Days
Former Sonesta Beach Resort Site in Key Biscayne Sells for $78M
The former Sonesta Beach Resort Site in Key Biscayne Sells for $78M! At one of Florida’s largest land sales in years, Miami-based Fortune International Realty and Sonesta International Hotels Corporation of Boston sold a 10.3-acre site for $7.5M per acre or $1,738 per square foot. It was sold to Argentine Developer Consultatio S.A. in what […]
What’s the State of Miami Beach Bank-Owned Condos?
Miami Beach Bank-owned condos are selling FAST. Get ready for a ‘multiple offer addendum’ from the bank to accompany your offer, and if you aren’t paying cash, look for a short sale deal instead. Still, at less than 2% of our inventory, Miami Beach bank owned is highly desirable and reflects a high ROI for cash […]
Alligator Found in Pool on West Dilido Drive?
Alligator Found in Pool on West Dilido Drive? I received a LIVE CHAT inquiry from a customer in the UK on September 3rd and found it to be a humorous conversation… Here’s the transcript and you’ve got to see ‘photo 6’ (second link) which was our discussion topic on the gator in the pool. Chat […]
10 Cities Leading Market Recovery in 2009
Which 10 Cities are Leading the Market Recovery in 2009? Here’s more evidence that housing is turning around. Forbes magazine identified 161 of the country’s largest metro areas where sales activity has increased compared to 2008 and where foreclosure sales are low as a percentage of total sales. The 10 Cities Leading Market Recovery The […]
Lifestyles of the Rich & Famous Ocean One Penthouse
Lifestyles of the Rich & Famous Ocean One Penthouse. Welcome to this 2-Story Penthouse at Ocean One in Sunny Isles Beach. Lifestyles of the Rich & Famous (Part 5) brings us to a desirable 4 bedroom, 5.5 bath Penthouse residence at Ocean One. This extraordinary mansion in the sky offers only the finest appointments, woodwork, […]
Sunny Isles Beach Luxury Oceanfront Condo Market Index 3Q 2009
Edition #4 of the 2009 Sunny Isles Beach Condo Index Sunny Isles Beach Luxury Oceanfront Condo Market Index for 3Q 2009. I’ll be reviewing & comparing the luxury oceanfront market from the 1Q 2009 Sunny Isles Condo Index to today’s updated 3Q 2009 Sunny Isles Condo Index, including premier oceanfront towers such as Turnberry Ocean Colony, […]
Regent Bal Harbour Transitions to One Bal Harbour Resort & Spa
The Regent Bal Harbour Transitions to One Bal Harbour Resort & Spa. Busy selling & unable to blog much lately, but the most recent newsworthy post pertains to Regent One Bal Harbour sale, which is now to be known as One Bal Harbour Resort & Spa. That’s right, WCI has sold (announced June 22nd, 2009) […]
Space 01 Loft Package Sale
Resort Communities of South Beach & Sunny Isles Beach Attract the Affluent
Hello friends… I would imagine the famous Miami ProBlogger is doing a stellar business even with the start of the summer months as regular blog postings from my favorite Downtown expert Lechuga have gone from daily to… every so often. I do wonder about the state of the Downtown Miami real estate market? I can attest […]
Luxury Condo Sales of Sunny Isles Beach
Luxury Condo Sales of Sunny Isles Beach (YTD 2009) In the review of what’s closed in the upper tier sales of Sunny Isles Beach luxury condos, we found 16 sales this year in Sunny Isles Beach over $900,000. Closed Sale prices range from $925k (Ocean One) to the record sale of $1.980M. The luxury buildings relaying these sales […]
Miami Beach Condo REO (Bank Owned) vs. Short Sale Inventory Q2 2009
Miami Beach Condo REO (Bank Owned) vs. Short Sale Inventory Q2 2009. In researching Miami Beach condo inventory Q2 2009, including the Dade County entities of South Beach, Miami Beach, North Bay Village, Surfside, Bal Harbour, and Sunny Isles Beach. We have an inventory on May 11th, 2009, at 5,677 (6,073 from May REO analysis […]
Condo-Hotels South Beach to Sunny Isles Beach
Luxury Condo-Hotels from South Beach to Sunny Isles Beach are few & far between. I was contacted yesterday by a research division aiming to find more insights into the luxury condo hotel market of South Florida, specifically South Beach. I’ve done the numbers for condos and thought it would be helpful to follow up with […]
Sunny Isles Beach Luxury Condo Investment Analysis May 2009
Sunny Isles Beach Luxury Condo Investment Analysis for May 2009. In a review of the top condo deals in Sunny Isles Beach today, here are the selected buys. Sunny Isles Investment Properties Analysis 2009 Trump Palace ~ 18101 COLLINS AV # 1403 Paid $310k in 03/2006 On Market Since 11/2008 Orig. $750k Taxes (2008) $7,357 (Homestead) […]
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