Miami Beach Land Parcel Under Contract (Asking $13.9M) Wow, friends, almost 2 weeks since I’ve had a new posting. I’ve been selling even during these summer months and expect an ultra-busy “season” as buyers step into Miami Beach real estate more aggressively. Miami Beach Land Grab Today’s post is on a new land sale on Pinetree […]
Category Archives: Luxury Residential Market
Kallisto South Beach Residences
Kallisto South Beach Residences was canceled, and the project was never finished. Kallisto, meaning “most beautiful,” was the nymph seduced by Zeus and bore him a son, Arcas. Anger or jealousy led to her transformation into a bear. Eventually, she became the heavenly constellation Ursa Major (the Great Bear) — a South Beach-styled drama, if there […]
MEi Miami Beach Condo Tour
A Sneak Peak into the new MEi Miami Beach delivered this August 2008. The building is simply amazing and moving fast toward completion. Property Markets Group (PMG) is an international developer based in New York City. It is well-known in Manhattan for its ultra-luxury condo projects, such as 823 Park Avenue, and chic boutique hotels […]
Lifestyles of The Rich & Famous at La Gorce Island Miami Beach
Lifestyles of the Rich & Famous (Part 1) takes us to La Gorce Island Miami Beach, with an asking price of $25M (List Date JAN 08). This home is built on 27,900 Square Feet of prime (Eastern shore of La Gorce Island) waterfront land. Completion is scheduled for early 2009, and the details are tremendous… 88 […]
A Flight Over Sunny Isles Beach Real Estate
http://www.youtube.com/v/Siu3jthV37E&autoplay=&fs=1&showinfo=0&showsearch=0&rel=0&autoplay=&border=0&rel=0 Take An Amazing Flight Over Sunny Isles Beach Real Estate! What a beautiful City of Sunny Isles Beach, Florida. Our real estate flight begins with the new Trump Towers I, II & III onto the prestigious Turnberry Ocean Colony Towers South and North (16047 & 16051 Collins). Lookout for Sayan, which looks so small in […]
Trump Towers Lawsuit for $100M in Cancellations
Well, well, what’s new this week amongst the Miami Beach real estate news & gossip wire… Trump Towers I, II & III losing the “Trump” name!? What a shock, yet unsurprising. The latest news is that over 80 buyers (speculators) have hired an attorney seeking the cancellation of more than $100 Million in condo contracts and […]
Miami Waterfront Homes that SOLD above $5M in 2008
Miami Waterfront Homes that SOLD above $5M in 2008. So, what’s happening this year with luxury homes in Miami Beach? Today, we have 77 homes on the market above $5M, with 11 closed sales above $5M this year. The areas I’m covering are South to North, including Fisher Island to Golden Beach, and only West […]
Miami Residential Real Estate Leading with a Silver Lining
The mention of “Miami” immediately evokes thoughts of beautiful beaches, warm weather, international flare, and an exciting lifestyle. The city has international first name familiarity one of the indicators used to categorize world class cities. Other commonly applied, and met by The Magic City, include a major international airport, international cultures and communities, an exciting entertainment scene, influential media outlets with an international reach, great shopping, and a strong sporting community with major sports facilities and venues.
These important characteristics, coupled with great weather, luxury hotel accommodations, strategic location between Latin America and Europe, and top international cuisine among others keep tourists, US residents, and second and vacation home buyers coming to the most international city in the US. Miami has a distinct edge over its world class counterparts… the availability of affordable real estate as compared to cities like Paris, London, Rome, New York and San Fransisco.
Oceanika Sunny Isles Beach Luxury Villa Project
Oceanika Sunny Isles Beach Luxury Villa Project. This new luxury project sits on Atlantic Boulevard in Sunny Isles Beach. Only 20 homes each have a private elevator, rooftop terrace, 2-car parking garage, private backyard, and private swimming pool. Resident features include a wine cellar, steam shower & spa, Wolf Appliances & Gas cooking stove, and […]
Sunny Isles Beach Condo Index 1Q 2008
Sunny Isles Beach Condo Index 1Q 2008. In keeping up with the latest blog postings for Miami Dade County, I came across Lucas Lechuga’s excellent blog posting on ‘Brickell Condo Index’ and, in reviewing his comments, realized we really do need this for the oceanfront communities of Miami Dade. So here is the first Sunny […]
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 […]
“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 […]
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 […]
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 […]
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