Miami Beach Real Estate - Recent Sales Indicate Housing Market Bottom
By Allan Kleer
(The Kleer Team)
Miami Beach waterfront homes and luxury properties are limited in supply, and with most major financial news experts announcing a “housing bottom”, I’d like to take the opportunity to show how two recent sales in Venetian Islands and Biscayne Island of Miami Beach indicate the conclusion. Turnkey Home in the Venetian Island This waterfront home in the Venetian Islands has stunning, direct, Downtown Miami and bay views. With 3,586 square foot of property, this home was renovated with 3 bedrooms, a great kitchen, media room and maid’s bedroom/bath. Facing west, with pool, boat dock and 60′ of waterfront. Key “Market Bottom” indicators: “For Sale” Price: $3,200,000 (20 days on the market at this reduced price point)Original List Price : $4,200,000 (May, 2009)Discount from Latest Asking ...
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