Our Miami real estate photo of the day features Portofino Tower. This beautiful skyscraper located in theSouth of Fifth or SOFI Neighborhood on the southern extremity of the city is the first super high rise for this luxury neighborhood from 1997.  It is currently the 4th tallest skyscraper in Miami Beach but it once was the tallest for almost 4 years. In this photo, you’ll see  Continuum I and Continuum II, South Pointe Tower and Apogee in the background. Portofino Tower   Copyright © By Jamey Prezzi 2014 * All Rights Reserved* Miami Real Estate Photo of the Day: Portofino Tower 10/26/2014

Heading out to my favorite little quiet spot this morning to enjoy this glorious weather. I would tell you where this spot is but then you would find it and me and this is my alone space so sorry, not givin it up! I will be thinking of all my Realtor friends doing open houses today. Sometimes you just need to turn that off and recharge those batteries!   10/25/2014

Miami Beach Fl condos for sale  is always super desirable real estate. Whether you are buying property as an investment, a second home or a vacation property, there is something for every buyer in this city. New Home Listings In Miami Beach Lincoln Road is the hub of the Miami Beach real estate area and where locals and tourists collide.  The real estate in this city is very diverse and our site has a lot of information about Miami Beach luxury real estate, Miami Beach houses for sale, Miami Beach waterfront real estate, the Miami Beach real estate market and the Miami Beach real estate market trends. Here is a quick little recap of the market today and what to expect in terms of pricing and sales. Miami Beach Fl Condos for Sale: Number of current Active Listings: 1904 Highest Priced Li... 10/24/2014

Miami Beach 1 Hotel & Homes, a property that is meeting many luxury buyers demands in this tight inventory market.  Oceanfront property is always in demand in Miami Beach.  New construction that is also oceanfront, is a rare find in our city and also in high demand.  Of course you can buy in an older building and remodel the unit but it still never has that overall “new feeling” that you find in new construction that flows throughout the entire structure of the building. Do to this rarity many of the new construction luxury oceanfront buildings have already sold out. Luckily, if that’s what you are in the market for, 1 Hotel & Homes still has inventory and may have just the property for you. But don’t wait too long, inventory is very limited! Last week we had the pleasure of a special t... 10/24/2014

    Famed Delano Hotel up for sale           Morgans Hotel Group has begun an asset unloading via a multiple-metropolis-strategy: in addition to the Art Deco-style Delano South Beach hotel with a tag of $200 million, they're also looking to offload the Hudson Hotel on Columbus Circle. In an about-face from an earlier plan to sell the entire company, the management has decided to instead opt for a softer approach. . The South Beach hotel has been on the market since 2012. The hotel's sexy, raucous, glamorous and gritty pedigree of disco dancing couldn't make the property move, however. Ian Schrager, of Studio 54 fame opened this redo by Philip Stark in 1995 and it was an instant sensation. I had my 40th birthday celebration/party there poolside with fond memories and way to much champagne! 10/23/2014

Today's Miami real estate photo of the day features Downtown Miami.  Downtown Miami is one of my favorite neighborhoods in Miami.  Downtown Miami still has a lot of growth in it in terms of commercial and residential development. These buildings that are shown in the image are Epic condo and hotel (just above the green space) and to the right Met One.  Currently there is even more development in this neighborhood ongoing as I write this post.  This part of Downtown Miami is just above the Brickell neighborhood. In fact the image was taken from a Brickell building, ICON Brickell. This neighborhood stretches all the way up to The MacArthur Causeway.  At the edge of the neighborhood are some of the best in best in luxury buildings like 900 Biscayne, Marquis Residences and the soon to 1000 ... 10/23/2014

Do you find yourself reading kitchen remodeling magazines or wondering if you should consider replacing your old kitchen counter-tops with granite ones? Have you been comparing kitchen cabinet materials? If so you are among the many thousands of homeowners who remodel their kitchens every year. The only real question if you are considering selling, is whether or not a kitchen remodeling project will increase your Miami Beach home value.   Points and Options to Consider In Terms of Increasing Your Miami Beach Home Value Before you call the first contractor or buy your first section of new countertop, you need to carefully consider whether or not the improvements you are planning to make will increase your Miami Beach home value. With each of the improvements you are considering, you need... 10/23/2014

Depending on whom you ask, there are many different answers to the question, "Why do South of Fifth Condos in South Beach sell for a premium?" The reality is that the area is located between the Atlantic Ocean and Biscayne Bay and Fifth and First Streets offers an incredible array of amenities and living options from which to choose. While the Miami Beach real estate market covers a vast area in South Florida, the South of Fifth or as the locals call it SOFI, covers only a very small section at the southern end of Miami Beach.   You Will Love the Neighborhood For anyone who is looking for a smaller and more personal neighborhood, SOFI 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... 10/22/2014

Miami Beach home sellers, do you know what potential buyers really think about your home? Do they find it unappealing, lacking, or simply a house they have no interest in buying? If you can answer yes to any of these questions, you may need to completely reconsider your approach. First and foremost it is a seller's market, but your home still needs to met with certain expectations if you want it to sell quickly and at the highest possible price. If you were to take the time to ask a number of Realtor®s in the Miami Beach area what buyers tell them are the biggest turn offs, you might find these among the most common reasons given. When it comes to what Miami Beach home sellers should know regarding what turns off potential buyers, there are a number of things of which you need to be awa... 10/22/2014

Enjoy your own private beach now. It is a funny time of year for us Floridians. The summer vacations are over, kids back in school, football and baseball is on and the tourists not quite ready to head south. That equals empty or near empty beaches. After the early morning walkers disappear you pretty much can stakeout your own private beach. So peaceful and beautiful. That's the way I like it anyway. Enjoy it if you do as well because it won't last for long before the sun starved northerners escaping the polar vortexes return once again! 10/20/2014

If you want to sell your Miami Beach condo faster than the average homeowner does, everyone must work as a team and be prepared to work for the sale. There are a number of simple and practical steps you can take to achieve your goal, none of which have to cost you a lot of money, many of which can help you maximize the selling price of your home.     Sell Your Miami Beach Condo Tips: Pricing One of the biggest mistakes most home buyers make when trying to sell their home is to set the price too high. Overpricing is one of the most common mistakes and one that can easily be avoided. Work with your Realtor(R) to look at the homes in your area that have recently sold as well as those currently listed. You should be looking at homes that are similar to your home as you need to compare apple... 10/20/2014

As Miami Beach real estate agents, one of the toughest conversations that we have to have with sellers is, price reductions.  If you are in the market to sell your home, you probably already know that it's a great time to sell and of course in any market, no one wants to reduce the selling price of their home. At the same time doing so may enable you to attract a number of buyers who might otherwise have never considered your Miami Beach home. The question is, how do you know when the time is right to reduce the price?   There are in fact a number of common signs you should be aware of and Jamey & Ognjen talk more about this in the video below.   Overpricing Overpricing is one of the most common problems people encounter when trying to sell a home. You have to look very closely at the a... 10/17/2014

Top Miami Beach Real Estate Agents, Jamey & Ognjen Prezzi say selling or buying Miami Beach Real Estate is not as easy and simple as just posting it in the MLS or opening a door. There is a lot that goes on behind the scenes. There are a lot of people to coordinate and even with perfect coordination, a bad contingency issue can kill the deal.   In the video below Top Miami Beach real estate agents talk about reasons you need to hire a professional for the process.   There is a lot more to do after signing the contract If you think that there are already a lot of details to consider even before signing a contract, you may be surprised that the real work starts after that last signature is completed.  From escrow, to title, to inspections, to appraisal and more, these can be unfamiliar wo... 10/16/2014

When looking for Miami Beach Real Estate to buy, there are a lot of things to consider. However, as soon as you find the perfect property and you are financially ready to buy it, do not hesitate, it’s okay to jump and make that offer. If it’s a good deal, the property (& its seller) are not going to wait for you, and it’s not going to stay on the market forever.   In the video below Miami Beach real estate agents talk about making decisions right away when you find the perfect property.   It’s a Competition Out There There are a lot of buyers in all price points looking in the Miami Beach Real Estate market and once they spot a good deal; it’s not far that offers will be rolling in. These days buyers are qualified and ready to make that purchase quickly, so it’s best that you are also r... 10/15/2014

You have worked with your Realtor® to create what you feel is a fair asking price for your Miami Beach home. This involves researching similar homes for sale in your neighborhood among many other factors. Now that you have an interested buyer, there is one problem that can occur for which few buyers or sellers have developed a strategy. The big question is what are you supposed to do if the appraisal comes in lower than the amount the buyer has offered for your Miami Beach home?     No One Is Really Prepared One of the biggest contingency problems sellers and buyers alike face is when the appraised value comes in lower than the asking price. While you might think this is mainly a problem for the seller, consider how hard this situation can be for the buyer who is trying to arrange the f... 10/14/2014

  Under new ownership, South Beach's iconic Shore Club Hotel is going condo, according to a press release just sent over. The 309 room hotel will soon become a 100 room hotel that also has 85 condo units, with real estate giant Douglas Elliman launching sales during Art Basel week. The Shore Club is located directly on the ocean and is walking distance to all of South Beach's great restaurants, shopping and clubs. The Arte Deco style is in full force here and hopefully the condo units will be nicely appointed. Stay tuned.......call me for more info and pricing. 10/10/2014

  Breaking NEWS! This just in......   From left: the proposed Ritz-Carlton Residences in Miami Beach and Ophir Sternberg and George Mato A penthouse in the upcoming Ritz-Carlton Residences in Miami Beach was sold to a “bachelor from Europe” for a whopping $32 million, according to Lionheart Capital director of sales George Mato. Mato described the buyer as a 45-year-old single man from Western Europe, but declined to divulge any more details. Pricing at the condo conversion ranges from $2 million for a two-bedroom to $40 million for a 10,000-square-foot duplex skyhouse. Most of the potential buyers are local homeowners who no longer want to pay to maintain a big house with a staff. The group is mostly from the northeast region of the U.S.– primarily New York City – and Europe. Mato said... 10/09/2014

I woke up this morning and it was so bright outside I had to grab my camera. Ok the quality isn't great but you get the idea. Those moonlit backyard events are so mezmerizing to me. You can actually see colors it is so bright. What a great way to enjoy your morning coffee, sitting poolside in the glow of nature!   10/08/2014

There are so many options and styles to choose from here on Miami Beach. The lifestyle is basically a given (beachy) now just decide how and where you want to live it. Starting from the $200K's up to the stratosphere we have just about every budget covered. You must take that first step and call me.   10/07/2014

Most sellers are at least familiar with the idea of having an open house as a way to let the general public see their home. However, few are familiar with the concept of having Broker's Open House when selling your home in Miami Beach. To understand why these open houses are so important to selling your home, you first need to understand what this type of open house is.     What is a Broker's Open House? Unlike the standard open house where anyone can attend, a Broker's Open House is open only to licensed real estate brokers and agents. This means that only those who are actively involved in finding buyers for your house will be attending. It is important that you realize your home is not going to sell at this time as no buyers will be present. At the same time this is a vital step in t... 10/07/2014