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Miami Beach, FL Real Estate News

By The Kleer Team
(Fortune International Realty)
There's been increased talk of the housing market finally reaching its bottom which is certainly good news for Miami Beach real estate. However these are still prognostications so there's no telling when that might actually happen. Home sellers still need to face a tough market which doesn't allow much room for error. Below are some common home selling blunders made by homeowners that you can easily avoid. Not researching the right agent. There are hundreds of real estate agents who will advertise their home selling expertise and though they may be qualified, sellers often forget a crucial detail. One agent may work in an area that he or she is not as familiar with as another who specializes in it. As we all know, no two areas are the same. Waiting until the market improves. Although th...
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By Sep Niakan, Luxury Real Estate and Condo Specialist
(HB Roswell Realty)
Akoya Condo in Miami Beach is one of the many buildings in Miami Beach that is experiencing large price reductions in its units, which offers buyers a great opportunity to buy a waterfront condo in Miami Beach at a large discount. Below are some Akoya condos at discounted prices.                           Akoya Condo in Miami Beach Unit 1205 1/1 $269,900 BANK-OWNED FORECLOSURE Akoya Condo in Miami Beach Unit 1508 2/2 $640,000 SHORT SALE Akoya Condo in Miami Beach Unit 3509 2/2 $610,000 REDUCED PRICE Akoya Condo in Miami Beach Unit 901 3/2 $980,000 REDUCED PRICE   Recent Sales in Akoya Condo Miami Beach Unit#      Beds     Baths       Square Feet       Sale Price       Sale Data 811          1          1                  808                  309,900           04/20/2009 2506        1   ...
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By Sep Niakan, Luxury Real Estate and Condo Specialist
(HB Roswell Realty)
Flamingo Condo in South Beach is one of the many buildings in Miami Beach that is experiencing large price reductions in its units, which offers buyers a great opportunity to buy a waterfront condo in South Miami at a large discount. Below are some Flamingo condos at discounted prices.                         Flamingo Condo in South Beach Unit 708S 1/1 $149,900 SHORT SALE   Flamingo Condo in South Beach Unit 862S 2/2 $250,000 SHORT SALE   Recent Sales in Flamingo Condo South Beach   Unit#    Beds      Baths    Square Feet      Sale Price        Sale Date 608S      1            1              737             179,900        02/25/2009 L60        1            1                0              140,000         05.02.2009 482S      1            1             729             150,000         06/...
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By South Florida Movers Miami Moving and Storage Company
(Sunrise Movers, LLC)
MIAMI BEACH MOVERS (305) 672-1110 GREAT PRICES ON MOVING AND STORAGE PACKAGES Moving Miami Beach Miami Beach Moving Company We provide high quality moving  in Miami Beach to the beach condo communities.  Condo moving on Miami Beach has unique requirements and as you Miami Beach Moving Company we meet the requirements for all the elite condo buildings including:  Akoya, Anglers, 200 Ocean, Apogee, Aqua, Arlen King Cole, Armitage Place, Armitage Place, Armitage Place, Armitage Place, Armitage Place III, Barbizon Beach Club, Bayview Plaza, Barbizon Beach Club, Bath Club, Bay Point East, Bayview Plaza, Beach House, Bel Aire, Belle Plaza, Bentley Bay, Bentley Beach, Blue Diamond, Breakwater/Edison, Burleigh House, Cabana, Continuum,Canyon Ranch, Capobella, Caribbean, Casablanca Villas, Edgew...
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Last week, The Kleer Team went through an interesting experience involving a Miami Beach short sale condo at the Murano Grande. We had placed an offer for this short sale condo with one of our most loyal and qualified buyers after receiving a solicitation on behalf of a distressed owner who I happen to know (this South Beach condo is listed with a family friend). Unfortunately, shortly after submitting a contract significantly ABOVE the list price, we discovered that the price on the Multiple Lisitng Service was raised several times, and that the commission to cooperating Broker was changed to one percent, with the total commission payable of six percent. Here's the problem - our ready, willing and able CASH Buyer was completely turned off by the lack of coherent pricing. Also, all shor...
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By Kevin Tomlinson, Miami Beach Real Estate
(One Sotheby's International Realty- Miami Beach Real Estate)
Miami Beach luxury waterfront home sales drop 50% from last year. No doubt it is easy to see that the real estate activity is not what it was last year.  But after running the numbers, I was in no way prepared for the reality of the current state of Miami Beach real estate. Even if you don't live in Miami it's easy to surmise that condos here (as they are everywhere, actually) are having a tough time.  There hasn't been many analysis done on the SFR market here in Miami, so I was shocked to actually see exactly how off the sales are Miami Beach Waterfront Sales Stats for 1/1/2009-6/30/2009 To get a better picture on the actual state of the real estate market here in Miami Beach, I ran the numbers for the same period last year to see the comparison. Sales Stats for 1/1/2008-6/30/2008 Her...
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By Miami Beach Condos and Homes
(www.miamibeachcondosandhomes.com)
Standing in front of a green screen a weatherman or weatherwoman predicts daily, weekly and even monthly weather conditions based on scientific facts, historical recordings and educated guesses. But even with upper-atmospheric pressure readers, satellite imagery and a plethora of data, predicting the weather is a difficult task and weathermen are notoriously wrong in their predictions. This historically inaccurate reporting doesn’t stop people from tuning in everyday and getting information and at time misinformation about the weather for the day. This essentially is the same thing that economists do, providing the lofty service of predicting future events to an information craving society. As real estate enthusiasts, we often rely on economists to tell us where the real estate market i...
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By Miami Beach Condos and Homes
(www.miamibeachcondosandhomes.com)
Selling a home in the current real estate market can be difficult, so sellers and real estate professionals have focused their energy of what works when trying to sell a home. Fixing the exterior of a home is pivotal. With so many homes on the market, having a strong exterior appeal is pivotal in selling a home. Gardening, painting, landscaping and adding accessories are all quick things that can be done to increase the exterior appeal of a home for sale. Another trick is to undercut the competition right from the start. When homes go on the market, they receive instant attention simply for being new. A good way to capitalize on that attention is to make sure you have the most affordable property in town. Study the market and make sure the price you put for your home is competitive so y...
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By Miami Beach Condos and Homes
(www.miamibeachcondosandhomes.com)
Real estate professionals can break it down to a science saying that a home didn’t sell because the price wasn’t right, the home wasn’t staged correctly or the home went on the market too soon or too late, but the reality is sometimes home just don’t sell right away. Selling a home isn’t a process that should be rushed at any point. The implications of rushing to sell or buy a home can cause decades of repercussions. So what should you do if your home is just not selling, turn up the appeal of your home. If you can do minor renovations that’s good, if you can do major renovations that’s better. Price reductions always help, but if the home is not being staged well enough than price drops will not help. Accentuate the homes better qualities, clean it till it sparkles and make sure it’s p...
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By Miami Beach Condos and Homes
(www.miamibeachcondosandhomes.com)
While buying and selling homes is a difficult task, there are also the later tasks of maintaining a home and making sure it’s safe for its residents. Keeping a home up-to-date from things as serious as reinforcing the infrastructure to things as minor as replacing old fixtures and changing the air filter can boost the quality of a home and the quality of safety for its residents. Beyond basic repairs there are other practices one can employ to assure home safety in case of an emergency. First of all emergency home kits can be used in a variety of situations and should include water, flashlights, batteries, crank radio, toilet paper and most importantly a first-aid kit. These tools should be stored in a particular quantity depending on the size of the family it’s for. Additional things t...
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By Condo Vultures, LLC
(Condo Vultures® LLC)
A 1.4-acre oceanfront property zoned for a high-rise condo tower in Sunny Isles Beach is scheduled to be auctioned off in the next 60 days to the highest all-cash bidder at the Miami-Dade County Courthouse, according to Condo Vultures.com.A final judgment amount of nearly $26.3 million, or $419 per square foot, was established for the property on July 6 by Miami-Dade Circuit Court Judge Ronald Dresnick.If the borrower fails to satisfy the loan by the auction date, the 62,800-square-foot property with 300 feet of Atlantic Ocean access would be sold to the highest bidder who surpasses the final judgment amount. "To purchase a property at the Miami-Dade County courthouse steps, a buyer must be able to pay the entire amount of the winning bid on the day of the auction," said Peter Zalewski,...
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By Ivon Brito
(New Vista Realty Miami)
    Click here for several web sites that provide tips and information about qualifying for a mortgage.                 Ivon Brito Realtor Exit Prime Realty Cell 305-767-6607 E-fax 305-571-6439 E-mail: ivon.brito@exitprimerealty.com www.ivonbrito.com
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By Sildy Cervera
(RCRS Miami Beach)
 Nowadays, finding a loan for Miami Beach condos is probably just as difficult as finding the right condominium itself. Banks have already tweaked lending standards to make them more stringent which means there are fewer alternatives. Every situation is unique but you may wish to start off by exploring these options. Look on the web. If you already know the kind of mortgage loan you’re seeking approval for, this is a good option as many websites will give you an accurate glimpse of rates and fees as well as eventually refer you to a reputable bank or broker. Make sure to stay away from websites that demand your social security number upfront. Choose a broker. If your needs don’t fit those of the average loan seeker, a broker is a great resource in finding lenders that will cater to unco...
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Aventura is home to some of the most diverse groups of denizens in all of South Florida. The city fuses a variety of real estate as well as many commercial areas and many commons for children as well as adults. Among these commons is Turnberry Isle, a significantly large condo neighborhood and country club recognized as the home of the acclaimed Turnberry on the Green condo. Being that Turnberry on the Green sits on a much larger island full of activities, this building offers a wealth of features and conveniences that encompass things like billiards and playgrounds to a gourmet market, business center, numerous social activities and fitness classes. The residences of Turnberry on the Green are also known for having stunning panoramas from their spacious terraces as well as walk-in clos...
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Key Biscayne continues to be one of Miami’s best kept secrets and its residents will agree that its location is arguably second to none. Almost entirely surrounded by Biscayne Bay with the exception of the causeway leading into it from Downtown Miami, the neighborhood has earned a reputation for its many qualities that range from its family friendly atmosphere to the Key Biscayne condos like Island House within the community. The Island House condo lies just a little but beyond the southern perimeter of Crandon Park, thus making it one of the first buildings visitors come across as they entire the island. Subscribing to the rule of aging gracefully, the features Island House like its barbecue and picnic areas not far from the poolside continue to draw new residents. It’s also one of the...
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There is no shortage of celebrity havens in South Florida. Besides the staples like South Beach and its famous Ocean Drive, there is also the small but highly exclusive village of Bal Harbour, home to some of the most popular and highly acclaimed Bal Harbour condos. While many of these have great appeal, the One Bal Harbour condo is perhaps the best among these celebrity favored buildings. Among One Bal Harbour’s best features is its restaurant, a five star eatery provided as part of The Regent with an amazing array of cuisines to try out. Speaking of The Regent, this distinction means that in addition to functioning as a traditional high end residential condo One Bal Harbour also offers hotel services, a feature that also contributes to its celebrity appeal. Top these things off with t...
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By Island Insiders
(Island Insiders)
The exclusivity of Fisher Island is one of the many reasons this luxury South Florida island is an amazing place to live. While Fisher Island offers a truly unique lifestyle, there are multiple different features that add to its uniqueness. The fact that it’s an island only accessible by boat or helicopter allows for exclusivity, the fact that all of its available residential property is waterfront gives it a high-standard of luxury and it has truly unique property-types. While some prefer condo-living when on a luxury island others prefer luxury island homes. Fisher Island offers a third option that fuses the qualities of both condos and homes. Fisher Island villas are designed to provide the privacy and space of a home with the convenience and breathtaking views of a condo. Fisher Isl...
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Where do celebrities in Miami live? Without a doubt it has to be the Star Island. Star Island is a private exclusive island located on the Biscayne Bay, between Miami Beach and Downtown Miami. Star island is popular among celebrities and elite people from around the world. A few of those star celebrities who live in the Star Island are Gloria Estefan, Rosie O'Donnell, Shaquille O'Neal, Daniel 'Tommy' Mottola, and business leaders such as Phillip Frost. Star island is the most exclusive among the tri-island homeowner association comprised of Star, Palm, and Hibiscus Islands. Most notably, in the midst of the most severe housing downturn in a generation, high end estate homes such as the one highlighted below sold in just four months. Also of note is that the discount from the original as...
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Sibley Realty, Inc. is now officially in business!  Located on beautiful and world famous Lincoln Road in the heart of South Beach, Sibley Realty, Inc. offers real estate brokerage services to buyers, sellers, renters, landlords and investors alike.  Specializing in REO- bank owned properties, SRI is committed to providing the highest caliber services to our clientele.  For more information on foreclosures, short sales and REO's contact Calvin Sibley at: 305-978-0682 or calvin.sibley@gmail.sibley@gmail.sibley@gmail.com
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By Jacquelyn Berger
(Coldwell Banker)
The Miami Beach condos market has shown a few upswings here and there but few will disagree that selling property and/or finding buyers is easier said than done. As a result, sellers sometimes have to devise new methods of grabbing a buyer’s attention and among these is the increasingly prevalent use of lease options. A major perk of a lease option is how it simultaneously benefits both parties involved. In the case of buyers, a lease option does a good job of circumventing the major hurdle that is being approved for a mortgage, something that’s not easy to come by these days for the average buyer. Hence, the lease to own option has gained a lot of momentum in the current Miami Beach condos market. For sellers, lease to own almost completely removes the very common problem of having the...
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