South Beach Condo Investment Analysis in 2008. The would-be investor often asks me what the income potential might be with 20% down. It seems as though the long-term, buy-and-hold outlook is correct, yet many investors seem to think or at least hope the property might be a cash cow or even break to cover their […]
Category Archives: Buyers of South Florida
Florida’s Luxury Real Estate Market Showing Cracks
Is Florida’s Luxury Real Estate Market Showing Cracks? Reuters.com is a trusted source for businesses and professionals looking for industry expertise. An article about the South East Florida (Miami) market came up yesterday, “Florida Luxury Home Market Showing Signs of Wear” Read Here. It talks about the influx of investors from Canada and Europe pouring […]
Miami Beach Condo Investments Producing Cash Flow? Don’t Yell at Me!
Miami Beach Condo Investments Producing Cash Flow? Don’t Yell at Me! It’s Miami Beach, baby, NOT Texas or North Carolina, where real estate investments might make you money in the short run. In response to an inquiry on making it all make sense on a $500,000 budget, I’ve relayed the info on what to expect […]
“The Vegas of Florida” Returns as Sunny Isles Beach Becomes America’s Hot Spot
“The Vegas of Florida” Returns as Sunny Isles Beach Becomes America’s Hot Spot. Sunny Isles Beach is a two-mile stretch of white sandy beaches just 10 minutes north of Miami Beach and 5 minutes from Bal Harbour. In the 1950s, Frank Sinatra and his cronies played here. They occasionally ducked out to bet on jai […]
NAR Chief Economist Gives Insights & Forecasts on the Miami Beach market
NAR Chief Economist Miami Beach NAR Chief Economist Gives Insights & Forecasts on the Miami Beach real estate market. USA Today rates the National Association of Realtors® (NAR) Chief Economist Mr. Yun as one of the top 10 economic forecasters. Yun is ranked 5th on the list and is responsible for NAR’s real estate statistics […]
Gansevoort Hotel & Condo in Miami Beach
Gansevoort Hotel & Condo Residences Open its Doors in Miami Beach has now opened its doors to the affluent and alike for South Beach Miami guests looking for the newest in oceanfront luxury living. The Gansevoort South Hotel Spa Residence, located at 2377 Collins Avenue, is the new southern outpost of New York City’s Hotel Gansevoort. […]
Image Copyright Infringement Information if Threatened
Image Copyright Infringement & Information if Threatened by Litigation. I’m writing to inform all readers about image copyright infringement and what recently happened to me. Mid-February, I was contacted by a large Image Stock company that specializes in selling images over the web. They sent a letter and evidence regarding my website and the images […]
The Venetian Islands Miami Beach
The Venetian Islands in Miami Beach are remarkable. The NY Times called me in early February to write an article on the Venetian Islands. The article went out last Friday, March 28th. Since this interview, there have been 5 closed sales this year and 5 additionally under contract (congratulations, Todd!). Another important difference is there […]
Miami Beach Real Estate Trends & Buyer Lessons
Miami Beach Real Estate Trends & Buyer Lessons. Well, friends, here is the 1Q scoop. The graph above shows us the Miami Beach condo inventory (33141/waterfront). Condo inventory listed for sale throughout 2007 into the first quarter of 2008. Notice the inventory heading up and then down. This may signify the market inventory improving. I’ll […]
Florida Real Estate Forecast 2008 Show Florida Rebounding
Florida Real Estate Forecast 2008 Show Florida Rebounding. This morning, I ran the stats and trends report as I did on the 20th of each month. I noticed a positive trend from February to March where inventory seems to be going down while pending & closed sales are slowly increasing. Florida Real Estate Forecast 2008 […]
Watson Island Welcomes Island Gardens Residences with Shangri La Hotel & Resort
Watson Island Welcomes Island Gardens Residences with Shangri La Hotel & Resort. An extraordinary project is coming to Watson Island in Miami Beach. The Residences of Island Gardens is a new $600M project that will be a destination for the sophisticated denizens of the world. Tranquility abounds at Watson Island, situated in the bay between […]
Penthouse for sale at Sayan in Sunny Isles Beach
Penthouse for sale at Sayan in Sunny Isles Beach. This one of a kind beachfront penthouse has to be showcased here. Within a boutique high rise known as Sayan are only 88 luxury condos. Sayan Condos are located at 16275 Collins Avenue in Sunny Isles Beach. Sayan is known for the second largest interior waterfall […]
Investors are Condo Fishing and Catching Great Miami Real Estate Deals
Investors are Condo Fishing and Catching Great Miami Real Estate deals. Miami has a New Vice of bottom fishing for Miami condo bargains. New condo buyers from the U.S. and abroad are descending on Florida to buy condos that have suffered from depreciation, excess inventory, subprime mortgage crisis, and credit crunch. Some are searching for […]
The City of Sunny Isles Grows in a Brighter Image as a Prime Oceanfront Location
The City of Sunny Isles Grows in a Brighter Image as a Prime Oceanfront Location. An article by Andres Amerikaner of the Miami Herald recently highlighted my favorite city, Sunny Isles. Here are some highlights… The surge in Sunny Isles Beach real estate has led to an unexpected distinction as it’s shed the run-down image […]
Comparing Miami Beach Oceanfront Condos, Bal Harbour, and Sunny Isles Beach.
Today we will compare Miami Beach oceanfront condos to Bal Harbour and Sunny Isles Beach. I’m simply curious to see the differences in selling price per square foot in various locations along the Miami Dade Beaches. We will include recent sales data and statistics in South Beach, Miami Beach, Bal Harbour, and Sunny Isles. Strictly […]
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