Miami Beach, FL Real Estate News

By Daniel Hornek
(Barclay's Real Estate Group)
Miami Beach condos on the east side nine miles of pristine sand and crystal blue water on the other side the Biscayne Bay and between Miami Beach the American Riviera ! The City of Miami Beach encompasses 7.1 square miles of land and 10 miles of water. City Boundaries extend from Government Cut to the south, 87th St. to the north, Biscayne Bay to the west and the Atlantic Ocean to the east.Miami Beach condos website   Miami Beach is dived into three sections:  South Beach (1st St. to 17th St.) Middle Beach (17th St. to 41st St.)  North Beach (41st St. to 87th St.)   The extended board walk runs from 5th St. to 46th St. on the beach. Total water frontage is 63.26 miles. The average ocean water temperature is 74 degrees.· Popul tion: 87,933 · Number of Hotels: 187 · Number of Hotel Rooms:...
Comments 1
By The Kleer Team
(Fortune International Realty)
The upcoming summer season brings tons of opportunities to leave the balcony of your condo in South Beach and explore the year round and upcoming attractions the city is currently or will soon offer.  Best of all, with the school year coming to a close in two months, there’s plenty of opportunities to participate in some of these events with your children.  Let’s take a look at some of the art events going on in Miami and South Beach. South Beach condos and the general art deco style prevalent throughout the city and in hotels like the Tides is largely the responsibility of 1930s architect Lawrence Murray Dixon.  A collection of his work is currently available for viewing at the Miami Beach’s Bass Museum until the eleventh of this month. Among the large assortment of people who live in ...
Comments 0
By Maria Vargos
(CAM Inc.)
 The Townhomes at Sunset Harbour in Dade County, Miami Beach, Florida are a great place for couples to look at who are just starting out.  I often recommend these to many of my clients that are just starting out or are single.  They are located in a great, convenient area.  Great townhomes! 
Comments 0
By Tony Giulino, South Beach Real Estate
(EWM Realtors/Christie's Great Estates)
I've been looking at absorption rates, the amount of time it takes to sell off the currently available Condominium inventory at a rate of sales equal to the average of the last three months.In Miami Beach we can quantify this in many different markets. Overall, there are currently 4,000 plus properties on the market selling at a rate of about 65 per month for an absorption rate of 61.5 months. For the least expensive condos, those under $250,000, the absorptions rate is the lowest at 43 months, while those units between $500,000 and $1,000,000 have the highest absorption rate of 81 months. Condos priced over $1,000,000 have an absorption rate somewhere between these two. A six to twelve month inventory is the level generally desired to produce a balanced market, so we are still way out ...
Comments 0
By Juan Leal, Miami South Beach Real Estate
(Douglas Elliman)
Brand Expands Success Beyond Downtown Manhattan to Gansevoort South with Signature Rooftop Pool, Multi-level Beach Club, Luxe Paradiso CondosA classic Miami Beach landmark - once the site of the East Coast's largest resort, the Roney Plaza - is shedding its old identity as it takes on a 21st century persona:  Gansevoort South.  This luxury mixed-use development will be an extension of the Gansevoort brand beyond New York City's Hotel Gansevoort in Manhattan's vibrant Meatpacking District.The Gansevoort brand has emerged as a "next generation" developer of stylish urban resorts in evolving neighborhoods.  Father-and-son team William and Michael Achenbaum, principals of the Gansevoort Hotel Group, have joined forces with the New York-based Chetrit Group and noted architect Stephen B. Jaco...
Comments 1
By Investor Realty Group, Local Expertise with a Global Reach
(Investor Realty Group, LLC)
Co-op Arrangement with Real Estate BrokersIt is important to have the support of the local and regional real estate community. We offer a sales commission on the net sale price to co-operating brokers. We require that prospects and brokers be registered in writing with us prior to the Auction and attend a showing of the property and participate in the Auction with his or her client(s).We work closely with the real estate community who list and sell, as we focus on both traditional and auction sales alike. We are constantly looking for real estate professionals to form alliances with.Whether you have explored auction methods or not, you will be pleasantly surprised to see how our programs can provide you with an excellent alternative to sell more properties, earn competitive commissions ...
Comments 0
EL APPRAISER: Oye, you down to go see Jay-Z? A MIAMI REAL ESTATE BLOG: Jay-Z is in town? EL APPRAISER: Yeah, he’s playing at the American Airlines Arena on Saturday and he’s doing something like a rehearsal show or some sh*t tomorrow at the Fillmore in the beach… A MIAMI REAL ESTATE BLOG: They sold tickets to a Jay-Z “rehearsal”? EL APPRAISER: Yeah. A MIAMI REAL ESTATE BLOG (thinking to himself): Ese negro es un caballo! A MIAMI REAL ESTATE BLOG: A Jay-Z “rehearsal show” in the intimate setting of a 1951 Art Deco theater? That sounds interesting. I’m down for that. Long story short… March 21 “Allow me to reintroduce myself my name is Hov, (Oh) H to the O.V. I used to move snowflake by the O.Z.” OK, so I temporarily lifted the self-imposed moratorium for attending local hip hop shows and...
Comments 3
EL APPRAISER: Oye, you down to go see Jay-Z? A MIAMI REAL ESTATE BLOG: Jay-Z is in town? EL APPRAISER: Yeah, he’s playing at the American Airlines Arena on Saturday and he’s doing something like a rehearsal show or some sh*t tomorrow at the Fillmore in the beach… A MIAMI REAL ESTATE BLOG: They sold tickets to a Jay-Z “rehearsal”? EL APPRAISER: Yeah. A MIAMI REAL ESTATE BLOG (thinking to himself): Ese negro es un caballo (no pun intended)! A MIAMI REAL ESTATE BLOG: A Jay-Z “rehearsal show” in the intimate setting of a 1951 Art Deco theater? That sounds interesting. I’m down for that. Long story short… March 21 “Allow me to reintroduce myself my name is Hov, (Oh) H to the O.V. I used to sell snowflake by the O.Z.” OK, so I temporarily lifted the self-imposed moratorium for attending loca...
Comments 0
By Juan Leal, Miami South Beach Real Estate
(Douglas Elliman)
I had many concerned buyers contact me strongly dissatisfied with the limited selection of the remaining developer units and options that they have been recommended.For those of you who missed the boat (check the original post here), the Flamingo South Beach Condos North Tower is NOT going condo. So what are the current alternatives for these North Tower Contract Holders?Option ABuy the less than 40 units remaining from the developer. Many of these are 2nd tier units which where originally over looked by buyers and are still over priced since they started selling in May 2005. The only way these units might sell is with a "strong" incentive and / or extremly creative deal.The good news is Flamingo South Beach developers are offering some incentives. In some cases as high as 6% back or so...
Comments 0
By Juan Leal, Miami South Beach Real Estate
(Douglas Elliman)
Dear Flamingo South Beach Listing Agents,This is Juan Leal, Mr. Flamingo South Beach, we need to sell out the Flamingo Condos and need your help. If you have a Flamingo Miami Beach Condo listing that is NOT over priced we want you to join us for our Flamingo South Beach PROGRESSIVE OPEN HOUSE on Saturday, April 5th, (open to any suggestions on the dates based on feedback). Please contact all your South Beach Sellers and see if you can get the maximum price reduction possible to create some sales. This is a win-win if we have some 20 or so serious buyers walking around the Flamingo condos to take these units off the Miami Beach market. There are some great units and prices in the Flamingo South Beach building. I'm sure we will have something sold soon with the recent Flamingo North Tower...
Comments 1
Over the past few months I’ve noticed that in social environments among people who have known me for years, one of the first topics that comes up is the state of the real estate market. Usually, one of the first questions I get asked is “how’s it going?” sometimes with an expression of concern. I’d like to take this opportunity to relay my response here: The national news media and overall real estate economic statistics are dire, and getting worse on a seemingly daily basis. The truth is that the real estate market boom was overextended and very much speculative based (as opposed to need and/or value based). These current market conditions were not a surprise to me or to anyone who has been in the business through previous market cycles. Essentially, I’m the middleman in real estate tr...
Comments 1
By Juan Leal, Miami South Beach Real Estate
(Douglas Elliman)
 I just had a huge price reduction on a Flamingo South Beach Penthouse 1 Bedroom Condo Apartment and there's still room to negotiate. This is the lowest Flamingo Miami Real Estate priced Direct Bay View 1 Bedroom, The Balcony Faces West towards the Bay and the city the Miami Downtown Skyline. This is the Best Angle/Side of all the One Bedrooms (all wide bay view from the hall way). Estimated Monthly Taxes are $540 plus Condo Maintenance Fees of $450. Today's Estimated Rental Income is $2,000 Monthly on a 1 Year Lease or $2,500-3,000 Monthly on Short Term Furnished Rentals.  With a little work you can even raise the ceiling 2-3 feet since it's a penthouse unit. Unit needs work and is sold as-is, seasonal rental income can not be guaranteed and is based on many factors. All quoted rentals...
Comments 0
The city of Miami Beach is one of the United States' most fashionable and one of the truly coveted destinations. The city is a famous tourist, fashion and entertainment, film, fine dining and premier arts and culture destination. However, nothing best defines the city's characteristic more than the unique, highly artistic, architectural landscape being painted by Miami Beach condos and South Beach condos. Miami Beach is known as an International Mecca for travel, business and to establish a home. From its small hotels with unique designs that line up along lower Collins Avenue and Ocean Drive, to its major upmarket hotel chains along the beach. The City Has Had Its Fair Share Of Condo Boom Times The area's extensive redevelopment has catapulted it into the higher levels of real estate i...
Comments 1
By Juan Leal, Miami South Beach Real Estate
(Douglas Elliman)
The people have spoken, and this is what they have to say: the following companies are the best of the best in the Miami real estate industry.Miami Agent's first annual Agents' Choice Awards survey winners were selected by readers, who voted for their favorites via the Web site, MiamiAgentMagazine.com.The online survey featured categories ranging from "Favorite Web Site" to "Favorite New Landmark" and "Favorite Sales Center." Inside this month's cover story, you will find the people and places throughout Miami that Miami Agent Magazine's Realtor readers feel demonstrate quality, originality and professionalism. You will see photos of the people responsible for carrying out these admirable visions, their thoughts on why their projects are Miami favorites and, in some cases, breathtaking ...
Comments 1
By Juan Leal, Miami South Beach Real Estate
(Douglas Elliman)
"May I have your attention please"... no this is not another fire alarm… or two lose models on the 12th floor… I'm writing to let you know we have two really great Miami Beach Real Estate Pre- Foreclousre opportunities for you. Often I hear investors tell me "just call me when you have a deal" well recently listed we have 2 beautiful Pre- Foreclosure properties available for sale in the Flamingo South Tower. So Consider this your official Notice. My long-term out look for the Flamingo South Beach condo is bright. 1 BEDROOM / 1 BATH - CLICK FOR LISTING DETAILS The first Pre- Foreclosure is a One Bedroom on the 8th floor with a Balcony. This condos view looks over South Beach and the Ocean from a distance, I previewed this unit last week and noticed all the appliances and carpets have bee...
Comments 0
Amid the slowdown in South Florida's housing boom, developers have been noted to be on a buying binge of many rental apartments, and are turning these into condominiums, and these are done at a much faster pace. Why the recent condo conversion binge? According to market analysts, Across the Miami-Dade county and extended areas, home builders and developers have sought to take advantage of the strong, and sometimes frenzied demand for condos by converting many apartment units into condos. Many view that this scenario allows developers to avoid the hassles of actually erecting a new structure, and would also allow prospective buyers to buy and move into a unit faster than the estimated two years it would generally take for a new condo to be built How Many Apartments Have Been Converted Si...
Comments 0
By Juan Leal, Miami South Beach Real Estate
(Douglas Elliman)
This is just a response to Drew's letter that was recently sent to all the Members of Flamingo South Beach [ON FACEBOOK].... I want to say thanks to you and all the residents on here for making this group what it is today... and for all those who continue to promote the group to their neighbors... Today I just checked and we have just signed up our150th member.. so lets keep this going and I'll see you guys all by the pool!! ----------------------------------------------------------Dear Members of Flamingo South Beach,The Flamingo group was originally created as a gathering place for you to meet your neighbors, socialize, network, entertain and ultimately have fun. With this in mind, I'm proud to introduce to you to 2 NEW OFFICERS who will help elevate your experience. These officers ha...
Comments 0
By Betty Garcia Doral-Miami Realtor® (786) 229-3636, Miami-Doral-Kendall- Coral Gables(786) 229-3636
(17thRealty.com Miami Dade & Broward)
Florida State Statutes require that all motor vehicles, vessels and trailers in Florida be registered and/or titled. If moving to Florida from out of state, Florida law requires that you register and title your vehicle in Florida within thirty (30) days of becoming a resident, becoming employed, or if you have children attending school in Florida. Contact any tag agency for further details. The Miami-Dade Tax Collector acts as agent for the State of Florida Department of Highway Safety and Motor Vehicles.Vehicle Renew OnlineFollow this link to the State of Florida to renew your Florida motor vehicle (Vehicle license plate, mobile home, vessel, or disabled parking placard) registration online: http://express.hsmv.state.fl.us/. Betty GarciaHouses and condos for sale in Miami Beach and Sou...
Comments 0
Condominiums are today viewed as alternative living options for people who have varying lifestyles. These housing units are made wherein individual unit buyers get the rights to the interior units, and own the building's other facilities on a coop basis, wherein they share this with the other residents of the complex. Those who consider themselves too busy need not have to worry about the day-to-day upkeep, which is the norm when owning a standard single-family home. Instead, they are given the preference to pay a monthly fee and defer other maintenance decisions to their specific condo homeowner associations. These types of homes are now the hottest-selling forms of property in cities like Miami Beach, where the lifestyle is so vibrant, eclectic, and fast-paced at times. How The Condo ...
Comments 0
By Juan Leal, Miami South Beach Real Estate
(Douglas Elliman)
South Florida Business Journal - by Oscar Pedro MusibayMCZ/Centrum, converter of the Flamingo apartments, is giving back deposits to buyers in the north tower of the Miami Beach complex because the developer hasn't been able to nail down unit closing dates."If the people don't want to wait, because we can't give them a closing date, we will give them the deposits back," MCZ Chief Executive Officer Michael Lerner said Monday.He said sales in the north tower stalled at 200, and blames the market downturn - not the product or location."We don't know when the building will be converted to condo," Lerner said of the 614-unit north tower. "We have to hit a critical number before we start converting."Lerner said the north tower will continue as a rental until sales hit the critical threshold -...
Comments 0
Explore Miami Beach, FL