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Miami Beach, FL Real Estate News

By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
The photo of the day is the photo taken from the Waverly South Beach. The views are from the west side of the building facing the pool, Bay and the Miami Skyline. Waverly South Beach is located in the West Avenue neighborhood of South Beach. The building was completed in 2001 and with 399 units. Waverly condos have views of the city and surrounding islands including Fisher Island, Biscayne Bay, Downtown Miami, Brickell, the Port of Miami and South Beach. Featuring huge expansive views, the Waverly South Beach condos offers views for every taste. Miami Beach Real Estate
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
North Bay Road Miami Beach is getting lot of action these days.  North Bay Road is always a popular choice for luxury buyers because of the location and the quality of homes. Recent home sales on North Bay Road in Miami Beach These are the sold homes over the past 90 days:MLS Data: There were 8 Recent home sales North Bay Road in Miami Beach, only one was a waterfront property: 6466 North Bay Rd was sold for $6,450,000, a 3% discount off the asking price. That is $1,181 per square foot. At the moment there are 3 properties under contract. These are the two highest sales this year:MLS Data: North Bay Road in Miami Beach is one of the best and most desirable prime real estate locations in Miami Beach. Among those who live here you will find high profile international and local residents. ...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
  WISH YOU WERE HERE!   I AM and sooo glad I AM! It is looking like a fantastic beach weekend here in Miami and I for one can't wait to get on it! I am not trying to rub it in because I know it is not for everyone (Barbara T. excluded). If you are not impressed by this early start to winter or the thought of a long cold winter and would like to be wearing shorts in January call me today to look at your future!
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
My dear old dad called me this afternoon on his cell phone from the beach in front of our family homestead. He needed to tell me that as he gazed over the gray cold waters of Lake Ontario he clould see the snow coming his way. This would be the massive event that has plagued the nation all week. It was finally about to arrive way Upstae NY. After his report he asked me what I was doing. As it would just happen I too was on the beach but my gaze was cast toward warm blue water with nothing but clear skies ahead. Which do you prefer?
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
This is such an exciting time for Miami Beach Real Estate. As we were driving today to our next appointment at the Caribbean condo we were driving by the newly constructed project the Edition Miami Beach. I just could not resist the temptation to take few photos and show our readers what’s going on in this neighborhood of Miami Beach. Interestingly enough I wrote an article on Edtion a few months ago about the construction and the entire project. It is fascinating how amazing Miami Beach real estate is and how impressive our neighborhoods change. Take a look at the photos before (few months ago) and today. Amazing. I love this city. Edition Miami Beach before:   Edition Miami Beach Today: About Edition Miami Beach: The Edition Miami Beach is a project developed by celebrity developer Ia...
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
Yacht Club at Portofino: Update Condos 11-13-2014Building name: Yacht Club at PortofinoAddress: 90 Alton Road , Miami Beach FL 33139Location: Miami Beach Bayfront Yacht Club at Portofino is located in the popular South Beach neighborhood SOFI (South of Fifth) in Miami Beach.  It’s a bay front property known for being right on the bay with incredible city and bay views.  Units feature views of Fisher Island, Brickell, The Port of Miami and on the east side South Beach and the ocean. Number of current Active Listings: 21Highest Priced Listing: $1,200,000Number of Sales this year: 19Highest Priced Sale YTD: $867,000Lowest Priced Sale YTD: $410,000Pending Sales Today: 3 Yacht Club at Portofino Market Update from 2012 up to today: Yacht Club at Portofino is located in the South of Fifth neig...
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
When selling your Miami Beach North Bay Road home first impressions are everything and curb appeal is the first impression for buyers interested in buying on this luxury street. Selling Your Miami Beach North Bay Road Home When you get right down to it, the North Bay Road area of Miami Beach is considered to be one of the most prestigious real estate areas in town. Among those who live here you will find high profile international and local residents. Many of the homes in this area sit on the waterfront and offer spectacular views of the water and city skyline. A number of homes have their own boat slips and in recent years there has been plenty of activity in the local real estate market. In fact it is one of the hottest selling markets in Miami Beach. Drive-Up Impressions If you are p...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
  The Faena House Penthouse which I presented a few months back has gone to contract.     The penthouse  in Mid Beach, which was listed for $50 million will sell for a record $60 million,  making it the most expensive home ever sold in Miami-Dade County. Yes, that's $10 million over the asking price. The buyer is still, predictably, confidential, but we hear it's not Wall Street honcho Lloyd Blankfein or gallerist Larry Gagosian, who both purchased in the building, so it's possible it's Leon Black, another Wall Street guy among the new residential owners. Or maybe, and this is purely speculative thinking, it could be Len Blavatnik, Alan Faena's partner on the project, although he probably would have gotten a better deal. Here is a peek of what $60 million will buy you in this building.
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
The photo of the day is the view of the MacArthur Causeway taken from Bentley Bay South Tower. Nestled off of Biscayne Bay and South of Fifth you’ll find the Bentley Bay Miami Beach condos. Although you may not come across this name as often as others during your search for Miami Beach property you will find that’s because this is one of the newer buildings in the area. Here you can truly have a waterfront condo with incredible bay and city views. MacArthur Causeway six lane causeways, connects Miami Beach with Downtown Miami and in between it connects Star Island, Hibiscus Island and Palm Island. Since it connects all of those places sometime the bridge can be very busy. Beside the fact that the Bentley Bay Miami Beach is the luxury building located in excellent location, loaded with g...
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
Bentley Bay Miami Beach Update Condos 11-12-2014 Building name: Bentley Bay Miami BeachAddress: 520 & 540 West Ave Miami Beach FL 33139Location: Miami Beach Bayfront Number of current Active Listings: 12Highest Priced Listing: $20,000,000Number of Sales this year: 13Highest Priced Sale YTD: $1,550,000 millionLowest Priced Sale YTD: $500,000Pending Sales Today: 1 Bentley Bay Miami Beach Market Update from 2012 up to today: **This include both towers 520 West Avenue and 540 West Avenue** Bentley Bay Miami Beach is a high rise luxury condo in Miami Beach located in the South Beach neighborhood with a smaller boutique feel. Also because it is just on the other side of South of Fifth it’s not in the South of Fifth neighborhood, therefore the prices are a little less than similar style buildi...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
Old man winter seems impatient this year and got a very early start with his wintry show this week across most of the nation. With frigid temps in the northwest and major snow falls blanketing metro & rural areas alike. The northeast and Atlantic seaboard states are bracing for the effects to start today. But here in south Florida it will be business as usual, no storms, gray skies, snow or cold temperatures. Just vivid blue above and turquoise straight ahead with a pleasant high of 80 degrees. Miami Beach may be well known for wild nights but our days are made for relaxing at the beach without worry of meeting old man winter.    
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
Two units in Murano Grande Miami Beach sold last month for under $1700 per square foot, which is great news for the condo owners in the building. A three bedroom unit on the “01” line sold for $6.5 million which based on MLS data, sold for $1629 per square foot.  Next a two bedroom penthouse unit sold for $3.7 million, based on MLS square footage sold for $1694 per square foot. What does this mean? Compared to the rest of the properties in the South of Fifth area in my opinion Murano Grande has a great value and probably some of the best values still in the South of Fifth neighborhood. It is one of the best luxury buildings in South of Fifth and is located on the bay and is still not as expensive as Murano at Portofino, Continuum I and Continuum II. Of course still the pricing of the un...
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
The photo of the day is the Miami Beach Marina which is located in South Of Fifth neighborhood of South Beach. The Miami Beach Marina is located on Biscayne Bay right at the government Cut, with no fixed bridges and lot of deep water. It is in the walking distance to the beaches, shops and restaurants. There are 400 boat slips for vessels up to 250 feet. The marina is located in the South of Fifth neighborhood of Miami Beach from 5th street to 1st street and from the ocean to the bay.  South of Fifth is also a neighborhood of South Beach known as SOFI. The Miami Beach neighborhood is made up from a large island and mini islands situated off the Miami mainland.  This neighborhood stretches north to south from 1st street up to approximately 87th street and east to west from the Atlantic O...
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
Photo of the Day: Venetian Islands Miami Beach home with the boat dock Venetian Islands Miami Beach homes are made up of islands named: San Marco Island, San Marino Island, Di Lido Island, Rivo Alto Island, Belle Isle and Biscayne Island. The Venetian have many different types of homes and most desirable are waterfront homes with the boat docks. The reason why homes on Venetian Islands Miami Beach homes are so desirable is because the location is very special. This stretch of islands is located between the Downtown Miami mainland and South Beach. It is also a neighborhood that feels a little exclusive and off the beaten path. Venetian Islands are within walking distance to Publix, schools, restaurants, shopping, Lincoln road and other major attractions.
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
Floridian Miami Beach Update Condos 11-10-2014 Number of current Active Listings: 19Highest Priced Listing: $1,400,000Number of Sales this year: 26Highest Priced Sale YTD: $2 millionLowest Priced Sale YTD: $375,000Pending Sales Today: 0 Floridian Miami Beach Market Update from 2012 up to today : Floridian Miami Beach is a luxury building located in the neighborhood of the West Avenue of Miami Beach. The building is in a excellent location right on the end of West Avenue. If you drive across Macarthur Causeway towards South Beach, Floridian is on your left side, beside the Bentley. This is part of the residential neighborhood of Miami Beach that is pedestrian friendly as one can literally walk to shops, the beach and restaurants. Even though the Floridian was completed in 1997, it still ...
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
For the average homeowner, selling your Miami Beach home can represent one of the largest investments you will ever make. Because of this, you want and expect to get the most from this all important asset when the time comes to sell. If you want to get top price when selling your Miami Beach home, here are five top reasons what’s most important. Each of these  can affect how quickly your home sells and equally importantly, how much it actually sells for. Choosing the Wrong Time when Selling Your Home Beach Home Prime home selling season. Talk to your agent but there are different seasons in which to sell your property and it really depends on the location and type of property.  Fortunately in Miami Beach we have great seasons for selling because our market is so international and there ...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
Somebody just is too comfy this morning! I knew it was going to be a cloudy day today and woke up to clear skies. I was excited and started planning a gardening day. By 7 a.m. the clouds rolled in and got thick, alas the weather people were correct yet no rain as of now. Meanwhile my pooped pooch is still in bed and it looks like he will be sleeping in on this gray Miami morning. No rest for the weary-off to the gym and a yoga class for me! Happy Sunday to all my fellow Active Rainers!
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
I was thinking today about tips for buying a Miami Beach Condo because our buyers often have so questions during our buyer’s consultation.  I thought it would be a good idea to put pen to paper and list out some of the most common questions and also things you should know. Tips list for Buying a Miami Beach Condo First most important, find the Miami Beach neighborhood that best matches the lifestyle you want to live. Choose a building that matches your expectations in terms of service and amenities. Pay attention to the surrounding buildings and the surrounding areas. Is there a bus stop, a night club or something nearby that could potentially drive you crazy with noise? Secured, garaged, second level (at least) parking is a must. Miami Beach is an island and some times it floods (see #...
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
Today’s Photo of the Day: Marea Miami Beach. The Marea South Beach Condo is pre-construction project is located in the prime location of South Beach “South of Fifth area” . It is directly located across the prime luxury building Apogee South Beach. The building will have 2 towers with 30 luxury units  and is  expected to be completed by 2nd quarter of 2015. The location is 801 South Pointe Drive Miami Beach FL 33139. South of Fifth area of Miami Beach has a lot to offer. As you drive or better yet walk through the area, you will find far less hustle and bustle than found in most areas of Miami Beach. As one of the more luxurious and exclusive area, the condos found for sale here are among the most expensive in the city. As a direct result of this, the South of Fifth area is also home to...
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
There are many great places to live in Miami Beach and the Venetian Islands Miami Beach area offers some of the most spectacular properties in the city. Residents on the Venetian Islands find the layout of the neighborhoods very attractive with a wide range of condos and single family homes from which to choose. The Venetian Islands are comprised of San Marco, Di Lido, San Marino, Alto, Biscayne, and Belle Islands, each of which has its own unique offerings. In the past year we have seen Venetian Island Miami Beach homes increase in value by an average of 27%. What Makes Venetian Islands Miami Beach Homes So Popular? When you stop to realize that property values in so many parts of the country are still lagging, it might make you wonder what has led to this Venetian Island Miami Beach h...
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