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Miami, FL Real Estate News

By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
ST. REGIS: WHY IT PAYS TO BUY THE BEST  The St. Regis Bal Harbour continues to pay dividends A massive penthouse recently sold for a whopping $22.75 million at St. Regis Bal Harbour. It’s more evidence of Miami’s luxury boom and the continuing appeal of St. Regis. The penthouse condo was originally planned as five units, but by all accounts it’s much better as one palatial home. With 14,000 square feet, the closing easily set a Miami record for size. (Though not price; two penthouses elsewhere recently sold for $50 million.) For Josh Stein and his clients, buying at St. Regis is a no-brainer. Several of Josh’s buyers have already surpassed $1 million in appreciation, and it doesn’t show signs of stopping. “I firmly believe that the St. Regis will continue to grow in value,” he says. “It...
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By Lana Bell, ONE Sotheby's Realty Sunny Isles Beach Branch
(ONE Sotheby's International Realty)
Miami has a rich and unique relationship with the big screen and Hollywood, which dates back decades. Not only is southern Florida’s most bustling metropolis famous the world over thanks to films like the 1924 silent classic “Miami”, the hit TV show “Dexter”, and both the TV and film versions of “Miami Vice”, but Hollywood literally comes to Miami on a regular basis. And when it does, it brings its revenue with it. Miami & The Oscars When “The Godfather: Part II”, which has a few very important scenes filmed in the Miami area, won 6 Oscars, it brought a lot of attention to our fair city.  Movie tourism is a very real and powerful thing. When films show off a city, fans want to visit, especially when those films show off how beautiful the city is and how many glorious beaches are within ...
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By Stephanie Leon | Miami Lakes Realtor®, Turning For Sale Into SOLD!
(Realty Empire Incorporated)
  City 24 Condo Downtown Miami   Welcome Home to City 24 Condo, Miami’s trendiest and vibrant place for city living. City 24 Condo is perfect for those who want to Live, Work and Play in Miami. City 24 Condo is located on Biscayne Boulevard in Downtown Miami’s Media and Entertainment District. The recently completed 15-story City 24 Condo features city views and bay views with sidewalk shops and restaurants.   City 24 Condo is just five minutes from the renowned Adrienne Arsht Center for the Performing Arts, American Airlines Arena, Miami Art District, Celebrity Restaurants of Miami’s Design District and Midtown Miami. Not to mention the numerous- trendy shops, restaurants, bars and nightclubs all just minutes away from City 24 Condo. When you head out for the day consider going for a j...
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By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
WORLD’S DEEPEST POCKETS PLUNKING MILLIONS IN MIAMI The world’s richest people know where to put their money: Miami, Florida. These days, South Florida’s booming real estate market is a safer bet for foreign billionaires than cash or equities in weaker economies. One investment firm CEO, Jeffrey Gundlach, told Bloomberg News that there’s been “huge growth at the high end” in Miami and New York. Recent monster deals bear out the trend. Two Miami penthouses, both listed at $50 million or more, found buyers (likely overseas investors) in the last few months. Details aren’t released, but either sale would set the record for Miami’s priciest purchase. One is the penthouse at Faena House, the $50 million centerpiece of a revolutionary new development in Miami Beach. The penthouse has more than...
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCPP, CRB, MRICS
(LA ROSA CRE)
Criterios de Sitio para una operación de Venta al Menor.     Bienes Raíces comerciales representan una muy importante variable del negocio de un minorista. La mayoría de los propietarios de los negocios tienden a centrarse principalmente en el factor económico, "Precio", sin tener en cuenta otros factores pertinentes. Estos factores son de tipo cuantitativo y cualitativo y la realidad es que pueden ser identificados y cuantificados.   La Ubicación: En función del tipo de la tienda, lo primero es determinar "El Criterio del Sitio" el cual incluye datos demográficos, las ventas por metro cuadrado, el radio de influencia, conteo de tráfico, co-propiedad, estacionamiento, acceso/egreso, señalización, uso permitido y exclusividad. Ejemplos de criterios de sitio:    1. Parcela  independiente ...
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCPP, CRB, MRICS
(LA ROSA CRE)
Site Criteria for a Retail Operation Real Estate represents a very important variable of a retail operation. Most of the business owners tend to focus primarily in economics without taking into account other relevant factors. These factors are quantitative and qualitative and the matter of the fact is that they can be identified and quantified.   The location, depending on the type of store, The first thing to determine is the Site Criteria, which includes demographics, sales per square feet, radius of influence, traffic count, co-tenancy, parking, access/egress, signage, permitted use and exclusivity.  Examples of Site Criteria:   1. Pad, end cap, or out-parcel with drive-thru is preferred     Strong visibility, easy ingress and egress access and ample parking     600-1,800 square feet...
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCPP, CRB, MRICS
(LA ROSA CRE)
  VISA DE INVERSIONISTA PASIVO  EB-5   El Departamento de Servicios de Ciudadanía e Inmigración de los Estados Unidos, siglas en inglés "USCIS" administra el programa de inversionistas inmigrantes, también conocido como "EB-5," creado por el Congreso en 1990 para estimular la economía estadounidense a través de inversión de creación y capital de trabajo por los inversionistas extranjeros. Existe un programa piloto que comienza en 1992 y el cual ha sido ratificado regularmente, bajo el cual se reservan ciertas visas para inversores con el objeto de promover el crecimiento económico a través de los Centros Regionales designados por el Departamento de Servicios de Ciudadanía e Inmigración de lis Estados. El programa funciona como sigue:   1. Todos los inversionistas EB-5 deben invertir en ...
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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 )
Jamey & Ognjen Prezzi Miami Beach luxury Realtors give tips on why sellers should consider allowing their agents to hold Brokers Open Houses. Call Jamey or Ognjen today at:  305-793-8965 We can help you. We specialize in Miami neighborhoods such as  South Of Fifth in Miami Beach.  We would be happy to give you a personalized Comparative Market Analysis  for your Miami home or assist you to purchase a Miami Beach condo or home.
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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 )
At the onset of this month a Star Island home sold at the highest price tag this current year.  The buyer paid $28,144,150. Based on the MLS information, the property was an 11 bedroom, 12 bathroom home with a little over 16,000 square which comes to approximately $1,759 per square foot.  The property was new construction on a 40,000 square foot lot. With only 35 waterfront properties, Star Island Homes are considered to be some of the most luxurious waterfront and exclusive properties in Miami.  Most of the properties are known to have unobstructed views of Miami Beach, Biscayne Bay and the Miami Skyline. They also have very deep lots which grants owners more privacy.  Star Island properties are prime real estate and have seen some of the most expensive price tags over the year in Miam...
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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 )
Bentley Bay South Beach condos are located off of Biscayne Bay and South of Fifth.  This building offers waterfront condos with incredible bay and city views.  Unit 1703 is one of the best in the building as the owner and his design team have completely remodeled the unit including a full renovated kitchen with top of the line appliances. This is a picture of the unit from the dining room and living room area. Bentley Bay unit #1703 is a designer remodeled, two bedroom condo with direct Bay, Downtown Miami & Star Islands views.   The Kitchen is completely updated with Gaggenau appliances, sub zero fridge, white quartz counters & wine cooler.   The unit also features floor to ceiling windows in the living room & bedrooms, marble floors throughout, two full baths, master has spa with Jacu...
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By William E. Lewis, Jr. - Bill Lewis, Bill Lewis - Vero Beach, Florida
(William E. Lewis, Jr. & Associates)
Attention Target shoppers. Expect more, pay less has brought new meaning as an offer of free credit monitoring may not be enough to prevent identity theft, according to Consumer Reports. The offer of “free” credit monitoring may also give shoppers a false sense of security into believing they are totally protected from identity theft. Following the massive security breach in December that impacted more than 110 million customers, Target offered “peace of mind” to customers worried about identity theft by providing a free credit monitoring service through one of the nation’s largest credit reporting agencies, Experian. Here are step-by-step instructions on how to enroll in the Target credit monitoring program. "The problem is that each of the three major credit bureaus — Equifax, TransU...
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By JM Padron, CCIM, CCP, MRICS, CCIM, CCPP, CRB, MRICS
(LA ROSA CRE)
RENOVACIÓN DE CONTRATOS DE ARRENDAMIENTO DE OFICINAS   En general los inquilinos de oficinas se encuentran en desventaja con el propietario ("Landlord") al momento de la renovación de sus contratos de arrendamiento. La mayoría de los contratos de arrendamiento tienden a favorecer en especial con las cláusulas  de renovación o opciones. El propietario tiende a tomar ventaja por que sabe que el inquilino no querrá dejar el espacio y mudarse, incurriendo en gastos considerables y en una interrupción de sus operaciones.    El inquilino deberá contratar lis servíos de un corredor COMERCIAL experimentado, que pueda realizar un estudio de rentas en el área para presentárselo al dueño y enseñarle que su espacio actual tiene competencia y se podrían obtener mejores beneficios financieros mudándo...
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By Lana Bell, ONE Sotheby's Realty Sunny Isles Beach Branch
(ONE Sotheby's International Realty)
Paramount Bay Condo is located on the North Bayshore Drive which is on Biscayne Bay, and couple of blocks north of downtown Miami and couple of blocks south of Midtown Miami. This is one of the most exciting and vibrant places to be in Miami.   An ideal location for people who want to make certain that there are plenty of things for them to do, including exploring some of the most luxurious stores and restaurants in the area. For those who have to do more than vacation in Miami, you’re right in the downtown area which offers plenty of business resources located nearby.   The Property   Envisioned by Lenny Kravitz of Kravitz Design Inc., the 47-story architectural wonder, designed by Arquitectonica offers floor plans that include anywhere from 1 to 4 bedrooms, and start from a bit over ...
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By Lana Bell, ONE Sotheby's Realty Sunny Isles Beach Branch
(ONE Sotheby's International Realty)
New York City’s financial district is moving to Miami. With the appeal of lower taxes, cost of living, gorgeous weather, beaches, and a number of other advantages that south Florida has over the icy Northeast, it’s no wonder that Miami is booming with finance and business. It’s no accident that Miami has become the second largest financial hub in the United States, right behind Manhattan. The city has a very finance-friendly atmosphere, and the Miami Downtown Development Authority is working hard to attract more bankers and business people. So what sets Miami apart from anywhere else in the world? Let’s take a closer look at some of the city’s many attributes. Lower Taxes Mean Better Profits Florida doesn’t have any capital gains taxes, individual income taxes, or estate taxes. That mea...
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By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
Few high-end residential skyscrapers have generated as much excitement as One Thousand Museum, which, in 2017, will anchor Miami’s north downtown skyline. Sixty-two stories tall, the ultra-modern design comes from Zaha Hadid, the award-winning architect who created London’s Olympic Aquatic Center and art museums around the world.   “Few Miami condos are as architecturally significant on a global scale as One Thousand Museum,” says Josh Stein. Stein’s clients can secure one of 83 prestigious homes in the property, which overlooks Biscayne Bay and Miami’s rising cityscape. Named for its proximity to the brand new Perez Art Museum and adjacent park, One Thousand Museum is steps from cultural sites and entertainment venues, as it towers over American Airlines Arena and the port of entry for...
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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 )
Considering the resale value is one important aspect of purchasing real estate in our city and we have a few great great ideas to help you. Even if you are planning to purchase Miami Beach real estate as a long term family property, you should always consider resale value.  Life happens and unplanned events can create a situation where you may need to sell the property sooner than later.   In the video below, Jamey and Ognjen talk more about resale value tips.     Do you have questions other questions about buying Miami Beach real estate? Call us today: 305-793-8965 We can help you. We specialize in Miami and Miami Beach real estate and since 2006 we have completed hundreds of successful transactions for our clients. We would be happy to give you a personalized Comparative Market Analys...
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By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
Surf's up in Miami where lucky buyers could be calling a historic Josh Stein property home in the next year. The Surf Club is a hotel-condominium hybrid proposed at the site of the 1930s club designed by Russell Pancoast. In the new design, two modern glass towers stacking up at 12 stories each will sit on either side of the restored building. Private driveways and entrances will lead all the way up to each tower. Expanded parking lots will replace the current tennis courts to provide drivers with ample space and access to the 285 planned units.   The nine-acre property boasts more than 800 feet of oceanfront real estate. Two of the towers on site will comprise the residences while a third will be reserved for hotel rooms. Whether you're staying for the night or for the long haul, you'l...
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By A. J. Zaki, Home Finder In Florida
(REMAX Realty Pros)
Beautiful unit in the sky at most sought after Blue condominium, step from the Miami Design District and beaches. Watch the clouds go by and enjoy gorgeous Biscayne Bay views from this rarely used 2/2.5 split bedroom plan condo. Kitchen with granite counter tops. Full service bldg. with an array of amenities including 2 heated pools, BBQ area, fitness and business centers and more. Offered with 2 parking spaces.STUNNING VIEWS FROM THIS GLASS TOWER BUILDING ON BISCAYNE BAY. AMAZING SKYDECK WITH SWIMMING POOL, GYM, SPA GARDENS AND SUNDECK. 4,000 SQ.FT. ENTERTAINMENT CENTER, AMAZING LOBBY, GYM, BUSINESS CENTER, BBQ PATIO RESTAURANT AND WORLD CLASS SPA. WALKING DISTANCE TO MIDTOWN.Blue Condo-STUNNING VIEWS FROM THIS GLASS TOWER BUILDING ON BISCAYNE BAY. AMAZING SKYDECK WITH SWIMMING POOl. F...
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By Broker Patty Da Silva Da Silva, Top Listing Broker
( Green Realty Properties® - 954-667-7253)
Sold Home in Miami ~ 10201 SW 90 Ave Miami FL 33176 by Patty Da Silva of Green Realty Properties       Uniquely designed, best waterfront lot in Galloway Glen.      Living Room Dramatic LR w/stone fireplace.     Den/Family/Great Room     Dining Room     Kitchen  Gorgeous kitchen w/exquisite river rock granite.     Interior Space/Layout: Breakfast area     Bedroom Master     Bath/Spa Master     Bedroom     Studio/Study/Office     Guest House/In-Law Suite: 2nd floor suite w/bath +2 large walk in closets             See similar homes for sale in Miami HERE.     Key Features:   1st wing: large master suite + office (is 5th BR.Can be converted.11X16) 2nd wing: 2BR/1Ba w/sleeping loft 3rd wing: huge suite on 2nd flr w/2 walk in closets.Ideal for in-laws. Upgraded Soaring ceilings 40KW Generat...
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By Katerina Brosda, Miami Real Estate Broker
(Brosda & Bentley Realtors™ ● (786) 363-8551)
If you live in New York following are 16 reasons why you must buy Miami real estate now. If you do not live in New York, read very closely, too! -Miami is a financial gateway to the Americas.-Lower taxes mean more cash in your pocket for what matters.-Like taking advantage of Miami's many luxury shops.-Homes are spacious and private, and set at prices that won't break a Wall Streeter's bank.-Plus, the weather basically looks like this all the time.-Speaking of yacht parties, Miami has the largest port in the world.-And the beaches are so great you can forget the Hamptons already.-If you aren't traveling by private yacht, there are three airports.-Miami-based investment conferences fill those airports with Wall Streeters all winter anyway.-No need to look for new restaurants to love eith...
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