Selling Fast in a Slow Real Estate Market. I just closed on an Ocean Drive condo listing, setting a new record, 2 weeks from start to finish. The buyer got a great deal, and the seller had over $100k in equity, so everyone was thrilled. I was also intrigued with the speed of sale and […]
Sonesta SOLE in Sunny Isles Beach was just announced. Sonesta International Hotels is finally returning, adding to Sunny Isles Beach real estate demand. What was once the Trump International Sonesta Resort fell out of contract on April 08 as International Resorts Corporation took over the Trump Beach Resort. Sonesta International Hotels announced this month that they are […]
Bal Harbour Oceanfront Land is extremely rare, and this lot is exceptional. A 5.5 Acre site on the world-famous Bal Harbour real estate strip just set a historic listing record for the East Coast with a listing price of $225,000,000. This premier location will be only 2 parcels down from the Bal Harbour shops. It’s […]
Premier Condos of Bal Harbour & Sunny Isles Beach; Recent Sales Stats & Deals. Well, finally, a new blog post. I’ve noticed that even the elite bloggers of Miami are slowing down a bit on frequency. This could be due to sales and increased business in the last few months, which is my excuse, and […]
Inman News just reported that Keller Williams Realty, the fourth largest real estate company in the US, set a benchmark in customer service & satisfaction. The J.D. Power and Associates 2008 Home Buyer/Seller Study surveyed 3,200 people who bought or sold homes between April 2007 and June 2008 through the nation’s largest real estate firms. […]
News reports indicate Real Estate Investors “Vultures” sensing prime buying time along Miami Dade and Beaches. Deep discounts are the goal with Vulture funds ready to swoop in aggressively on strong buying opportunities in South Florida. Typically a Vulture fund will target & negotiate with condo developers and their lenders who can’t sell enough units […]
Step inside for a Cielo on the Bay North Bay Village Property Tour! I had the chance today to step inside the new development Cielo on the Bay on the island of North Bay Village. Although a premature tour, I was very impressed with the floor plans and outstanding Biscayne Bay Views. The property looks […]
Florida Millionaires now surpasses New York. Compiled from the I.R.S. & WSJ, a new wealth statistics report released shows Florida grabbing the #2 spot for the nation’s wealth statistics with 199,000 residents showing a net worth of $1.5 million or more as of 2004 numbers. New York was just behind with 168,000 residents though California […]
The Trump Beach Resort is no longer Trump Sonesta. Sonesta moved out in April 2008, and it’s now managed by a rookie company that belongs to a powerful worldwide network Leading Hotels of the World. Based on the weak dollar, tourism is at a record high. Even without Sonesta, they have done a fantastic job […]
A home in Bal Harbour is selling for $6.5M at 224 Bal Bay Drive. What an amazing price on Bal Bay Drive! 224 Bal Bay Drive Bal Harbour The gated single-family community of the prestigious Bal Harbour just sold a waterfront estate. It was a 4 Bedroom, 3.5 bathrooms at 73% of the list price. […]
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 […]
South Miami Beach is One of the Top Beach Cities! Well, well… I almost wrote a blog on the Senate passing the housing bill helping borrowers and suddenly thought… boring next, please! In the meantime, we’ll look at recent ratings on South Beach real estate noted by AskMen.com as the world’s most popular beach city. […]
Miami Beach Oceanfront Short Sales & REOs. So I am frequently asked to show the short sale steals and deals, including REOs and great Miami Beach condo deals alike. Here are new luxury condos meeting those requests. An ocean view from a condo is manageable in the price range of 500 to 750k. I believe […]
The last oceanfront land on Sunny Isles Beach was purchased for $9.6M. Sky Development, known for Da Vinci on the Ocean and City Park in Aventura, has just announced the purchase of the last remaining parcel of land in Sunny Isles Beach. The plans are to build a 300-room full-service hotel that had recently been […]
Are we experiencing the Miami Beach real estate market recovery? Everyone wants to know, and no one has a clear answer. Lawrence Yun, the chief economist for the National Association of Realtors (NAR), expects a soft first half of 2008 with notable improvement in the second half of this year. So when is our Miami Beach […]
Ashton Coleman | One Sotheby's International Realty
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