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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 )
  Do Beach Miami Condos actually exist? Not really. I started this post off as Beach Miami Condos because often people group Miami Beach and Miami into one lump category.  This is one of the biggest misunderstandings about our local area.  Miami Beach and Miami are two different neighborhoods but often non-locals and the media just state, “Miami”, when in fact the news coverage of TV show is displaying images of Miami Beach.South Beach is a neighborhood of Miami Beach.  It is from (north to south) about 23rd street down to 1st street and (west to east) from Biscayne Bay to the Ocean.  The other areas are a little more vague, I am sure there is some definite distinction in a book some where but in terms of where I work and the buildings that I work in, I have drawn them up on the above ...
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By The Criscitos, Real Strengths, Real Advantages and Real Results
(Majestic Properties)
FOR MORE INFORMATION GO TO OUR WEBSITEIs the housing market on the verge of recovering? Is it recovering already? If you're not sure whether you believe the economists and pundits who think they can see the future, here are some tools that will help you make up your own mind.Pending Home SalesAccording to the National Association of Realtors, pending home sales, or the number of homes that are under contract and in the process of selling, rose by 8.2% in February (the most recent month for which data are available). The index is also an encouraging 17.3% over what it was a year ago. Pending home sales are considered a leading indicator, meaning that they can forecast the direction the economy is headed. Leading indicators cannot truly predict the future, though, so they should be taken ...
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By Lana Bell, ONE Sotheby's Realty Sunny Isles Beach Branch
(ONE Sotheby's International Realty)
The MEI Miami Beach is one of the premier luxury Miami Beach oceanfront condos, due to its amazing design and perfect location. MEI is located along the breathtaking Millionaire's row, and over looks the Atlantic Intracostal Waterway, halfway between South Beach and Bal Harbour. MEI Miami Real Estate With a design themed around Asian-inspired zen and well-being, the MEI residential resort offers a choice of four different floor plans that offer a range of as much or as little input in the design process as you would like. If you would like, there are even some condos still available that will allow you and your decorator to come in and create from a blank canvas. MEI Maimi Condos are Eco Friendly Everything that has gone into building the MEI Miami Beach condos is as eco-friendly and ec...
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By The Criscitos, Real Strengths, Real Advantages and Real Results
(Majestic Properties)
FOR MORE INFORMATION GO TO OUR WEBSITE MIAMI - Though it overlooks the Atlantic Ocean and offers high-end amenities like a wine vault and a cigar humidor, the Caribbean condominium complex in Miami Beach seemed by last summer to be just another casualty of the glutted South Florida housing market. The Caribbean in Miami Beach. There were buyers for all 103 units in the complex, which includes a small renovated Art Deco building and a new glass tower, but only 14 had been willing to close. The rest had simply walked away from their deposits. The Caribbean, at 37th Street and Collins Avenue, resulted in heavy losses for its developers, a partnership of Christa Development of Victor, N.Y., and Bluerock Real Estate of New York City, and its lender, the now-defunct Corus Bankshares of Chicag...
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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 Venetian Islands of Miami Beach are an artificial chain of islands located in the prime area of Miami Beach Real Estate. The islands are San Marco Island, San Marino Island, Di Lido Island, Rivo Alto Island, Belle Isle and Biscayne Island. The Venetian Islands have a variety selection of Miami Beach waterfront homes, Miami Beach mansions, new construction Miami Beach. Many of the updated island homes feature amazing views of the  Biscayne Bay, South Beach and City Views as well as incredible interior designs, beautiful pools, boat docks and spectacular landscapes. The Venetian Islands are populated by primarily luxury single-family homes.  The location of  homes on Venetian Islands is perfect for someone who desires to live in the South Beach area of Miami Beach but not right in the...
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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 guess it is par for the course for the amount of business that we do online that once is awhile you run across the Negative Nellie.  I think when people don’t have to face you in person they feel like they can act a little naughtier or get a way with a little more than when they actually deal with you face to face. Some of the emails that I get from time to time make me a little ashamed of the human race.  I don’t know what gets into people but usually I just hit “delete” . I am growing a little weary of the people who contact me on a weekly basis demanding information that they feel I am obligated to give them.  Don’t get me wrong, I am very grateful for the people who find us through our online presence and I am very grateful for the amount of business that we have been able to purs...
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By The Criscitos, Real Strengths, Real Advantages and Real Results
(Majestic Properties)
FOR MORE INFORMATION GO TO OUR WEBSITEHousing construction posted a better-than-expected performance in March, rising to the highest level in 16 months.The gain was due solely to multifamily homes, which account for less than 20 percent of the market.The Commerce Department report Friday said construction of single-family homes, the most important segment of the market, fell 0.9 percent to an annual rate of 531,000 units. But permits for single-family construction, a gauge of future activity, were up. The increase in housing starts tempered news this week from RealtyTrac that a record number of U.S. homes were lost to foreclosure in the first three months of the year. The low selling prices of those foreclosed homes have put builders at a disadvantage, held back hiring in the constructi...
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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 )
South Beach South of Fifth is one of the most popular yet exclusive areas to live in Miami Beach. What makes South Beach South of Fifth so popular? The Location The South of Fifth area is a smaller narrower area of Miami Beach surrounded by the Biscayne Bay, Government Cut and the Ocean.  The way this neighborhood is situated on Miami Beach and the way the buildings are positioned, creates more of a “seclusion” factor.  The streets and the buildings are little less hustle and bustle compared to the rest of South Beach. View South Beach South of Fifth in a larger map South Beach Luxury Condos The best of South Beach Luxury Condos is featured in this area.  Continuum I, Continuum II are located directly on the tip of the South Pointe area while Portofino Towers and Apogee border Governmen...
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By Jane Peterson
(Alliluja)
Miami Beach, FL, is considered one of the most popular and attractive tourist places in the world and that’s why many investors (not only from the US but foreign countries as well) are looking for condos to buy there that will meet their needs and styles.If you want not to be disappointed with your purchase in future, you’d better remember the following tips while considering houses for sale in Miami Beach.  It’s a good idea to visit all condos for sale personally but if it’s impossible as it is time consuming start your search for property on the Net. At present many fsbo sites offer very detailed description of homes for sale and neighborhood.   That’s not a secret that most condos in Miami Beach is luxury property that not an average buyer can afford. Consider carefully your finance ...
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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 )
Attention everyone:  Miami Beach Condo Prices are not cheap. Have the prices come down?  yes.  For instance in the past there were two bedrooms selling in a really popular building for $750,000 and now they are selling for $370,000.  That’s pretty big difference. Is it cheap as dirt?  Well most locals may think so but for most of the US and even in Europe, $370,000 still seems pretty pricey for a 2 bedroom. Attention Unrealistic Buyers:  It’s Miami Beach, it’s a city on the ocean, it’s an International city, it’s a party town, it’s a HOT SPOT!! When I start working with a new buyer one of the first most challenging things I have to do is “OVERCOME” all of the nonsense that they have read in the media (or online) about Miami Beach condo prices.   I know that this first meeting or telepho...
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By The Criscitos, Real Strengths, Real Advantages and Real Results
(Majestic Properties)
FOR MORE INFORMATION GO TO OUR WEBSITETwo bills that supporters say will help bolster Florida's condo market are one step away from becoming law. House Bill 561 and Senate Bill 840 have been approved by committees that needed to review the bills before they are sent to the Senate and House for a final vote. A key element of both bills: Bulk buyers of condominiums won't be held liable for construction defects or other problems related to the project's original developer. Industry experts say this will help move unsold units in many new or converted condo projects in the region. State laws put developer liabilities onto any investor that acquires multiple units in a project. "Successor developer liability is a huge concern for any bulk buyer because they are stepping into the shoes of the...
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By The Criscitos, Real Strengths, Real Advantages and Real Results
(Majestic Properties)
Visit our website for more informationRuling could open door for buyers to recoup depositsMiami attorney Alexander Lian may have come up with an innovative strategy to help people recover pre-construction deposits they gave condo developers during the housing boom. Lawsuits have blossomed since the real estate market collapsed in 2007 as would-be condo buyers go after developers to recover their deposits - often as much as 20 percent of the purchase price. The results of those suits have been mixed, with some rulings favoring developers and others favoring buyers. Lian argued that developer Swire Pacific Holdings and title company Lawyers Title Insurance failed to create two separate escrow accounts when his client deposited $232,000, or 20 percent of the $1.16 million purchase price, i...
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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 )
Apogee South Beach is the super luxury condominium building in the South Beach area of Miami Beach .  In terms of luxury South Beach condos,  the Apogee condos are probably considered to be just about number one. Apogee800 South Pointe DriveMiami Beach, Florida 33139 There are only 67 units at the Apogee condos offering 3 and 4 bedroom residences with square footage from approximately 3100 square feet to 4100 plus square feet.  Expect only the best in high end finishes in these units.   What sets Apogee South Beach a part from the rest of the buildings is the level of service.  The main lobby is reserved for only the residents and guests of residents.  There are separate service elevators for delivery personnel, air conditioned garages and "Smart Lifestyle" technology. The units in Apog...
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By Lana Bell, ONE Sotheby's Realty Sunny Isles Beach Branch
(ONE Sotheby's International Realty)
When searching for a smart real estate buy, Miami commercial real estate presents a great opportunity. It is well known that some of the most expensive and coveted residential real estate is in the  Miami Beach area. Affluent Miami Beach home buyers have luxury amenities, upscale shopping, numerous businesses, fine dining, and the latest technology at their fingertips. Miami Beach Homes For Sale Although the city of Miami Beach only occupies 7 square miles, millions of tourists visit every year and $800 million is spent each year on only food and beverages-the power the tourism market in Miami Beach is wonderful, as very few cities can boast-or support-such large commercial activity and traffic. Along with the large tourist market, the fashion industry and movie production thrive as wel...
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By The Criscitos, Real Strengths, Real Advantages and Real Results
(Majestic Properties)
For more information go to www.BuyMiami.net In an announcement Tuesday, Real Estate Disposition, LLC (REDC), a real estate auction company based in Irvine, California, said it sold 100 percent of the San Lorenzo condominiums it auctioned in the Little Havana area of Miami this last weekend. In just two-and-a-half hours, the company auctioned a total of 65 condos at 110 percent of reserves and 88 percent of retail before a crowd of 375 potential buyers. REDC had marketed and originally planned to auction 62 homes at San Lorenzo, but three additional condos were added by the seller the morning of the auction. The final numbers show that REDC had no trouble selling these last-minute additions. "We're obviously very pleased with the results from the auction," said Jeff Frieden, CEO of REDC....
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By Kevin Tomlinson, Miami Beach Real Estate
(One Sotheby's International Realty- Miami Beach Real Estate)
Bill Roedy, Chairman and CEO of MTV, recently closed on Miami Beach's now infamous "castle."  Located at 4462 North Bay Road in Miami Beach, the estate was known for it's Disney-like Medieval-style architecture.  The home was "created" by Windjammer Cruises founder Mike Burke and was sold in 2007 for $7.6M. The home burned down in July of 2009 under very suspicious circumstances. Watch the video of the spectacular fire that melted the "castle" here Browse 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 )
Murano Grande South Beach opened in 2003 and was built on the Biscayne Bay side of  Miami Beach.  It is one of the best and most popular Miami Beach luxury condos. Murano Grande South Beach is located at: 400 Alton Road Miami Beach, Florida 33139 The Murano Grande Miami Beach location is prime real estate in the South of Fifth area of Miami Beach is located beside Monty’s South Beach and in front of the Miami Beach Marina. There are currently 1, 2, 3 and 4 bedroom residences on the market at Murano Grande South Beach for sale with square footages from 1206 up to 3979.   The Murano Grande Condo residences feature double door entries, private foyer elevator entrances, views of the bay, ocean and city, top of the line appliances and finishes. Below is a picture of the balcony of a unit for...
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By The Criscitos, Real Strengths, Real Advantages and Real Results
(Majestic Properties)
For more information go to www.BuyMiami.netNACA session to offer face-to-face contact with lender representatives in Miami Beach for five days beginning April 15.The Neighborhood Assistance Corporation of America is heading back to South Florida after drawing more than 24,000 desperate homeowners to a February mortgage-modification marathon in West Palm Beach.The nonprofit group, which offers free counseling and face-to-face contact with lender representatives, will be in Miami Beach for five days beginning April 15.As with the Save the Dream event at the Palm Beach County Convention Center, the program at the Miami Beach Convention Center will run 24 hours a day. It will be NACA's 14th event around the country."We saw the demand is there," NACA spokesman Darren Duarte said of South Flo...
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By The Criscitos, Real Strengths, Real Advantages and Real Results
(Majestic Properties)
For more information go to www.BuyMiami.net With two home buyer tax credits expiring April 30, Florida real estate agents try to promote sales by holding a statewide open houseHome buyers looking for a handout from Uncle Sam have less than three weeks to get busy.First-time buyers can receive $8,000 tax credits if they sign sales contracts by April 30 and close by June 30. Existing homeowners who want to buy new principal residences will get $6,500.To promote sales by the end of April, the trade group Florida Realtors is holding its first statewide open house this weekend.The Orlando-based group estimates at least 10,000 homes from the Panhandle to Key West will participate in the event."I think this is a great idea, and it helps the buyers," said Janet Russell, an agent for Prudential ...
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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 Venetian Islands of Miami Beach are located in a prime area for Miami Beach Real Estate. The Venetian Islands is also an area of Miami Beach that features Miami Beach Mansions and Miami Beach waterfront homes.Some of the homes on the Venetian Islands are pretty grand.  Because of their grandeur they feature some pretty amazing gates and landscaping. I love gates and landscaping.  The other day my husband and I were walking through the neighborhood on our nightly walk and I decided to take pictures of some of my favorite gates. See the full gallery on posterous See the full gallery on posterous Posted via web from Miami City Diggs Posterous Site   To View Miami Beach Homes & Condos for Sale Click Here We know  Miami Beach Luxury Homes & Condos and will help you get your home sold if...
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