Are Investors jumping back into Miami Beach investment property? You bet they are! Want a positive cash flow with a minimum of 20% down? Today’s $1M investment (3BR at 2400 Sq Ft) will return around $6,000 in monthly rental income. Considering taxes of $1,500 and a Maintenance fee (Ave.) of $1,200, today’s interest rate at […]
Blood Bath in Miami Beach & Sunny Isles. Where is the bloodbath in Miami Beach and Sunny Isles… buyers want to know!? Today’s buyers are now placing frequent offers and soon find that sellers only accept 5 to 10% off the asking prices. What about 30 to 40 cents on the dollar? Where are the […]
Florida Real Estate Forecast 2008. Flattening and Recovering in the Coming Years? A new report from the Attorneys’ Title Insurance Fund Inc. finds that Florida’s housing market slowed in 2007 in nearly every county it analyzed. The report also showed that real estate markets flattened out in the spring of 2007 before the subprime mortgage […]
Let’s look at Sunny Isles Beach’s buyer discounts, known as the sale price to list price ratios. Recently I decided to work with a serious foreign client who needed a lot of education. I informed him of today’s inventory, value, and location advantages. After previewing many condo units with the buyer, the ultimate decision was […]
Trump Tower I Sunny Isles Beach closings to Occur 1Q 2008! In determining value at Trump Tower I, from a Banks perspective, they will send out someone who may or may not even know the local market. They research similar units in the same tower that have already closed and consider floor height, view direction, […]
Ashton Coleman | One Sotheby's International Realty
119 Washington Avenue Suite 102 • Miami Beach, FL 33139 • Ashton@miamidreamrealty.com
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