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Blog Details for "Miami Condo Investments"
Miami Condo InvestmentsMiami Condo InvestmentsThe authoritative source for all news relating to Miami and Miami Beach real estate, with a specific focus on condominiums and lofts. I will provide investors with the best information relating to Miami and Miami Beach real estate investment opportun Articles
Hudson & Marshall Auction Results
2007-10-22 01:30:00 Below you will find the results for the condos of interest that were auctioned this past Saturday: Cite on the Bay - Unit #110 - 3 bedroom/2 bath - 1,475 SF - $300,000 Four Ambassadors - Unit #344 - 1 bedroom/1.5 bath - 940 SF - $169,500 Loft Downtown - Unit #204 - 1 bedroom/1 bath - 784 ... More About: Auction , Results , Vue at Brickell , Hudson , The Club at Brickell Bay
Latest Prices at Ten Museum Park
2007-10-21 22:27:00 Below you will find the latest prices for units at Ten Museum Park . These are defaulted units that were taken back by the developer. They have been discounted 15 percent off of their original prices set in January of 2004. Contact me if you’re interested in viewing any of these units. 1 Bedroom/1.5 Bath ... More About: Miami Real Estate , Ten Museum Park , Park West
Brickell Condo Index - October 2007
2007-10-19 05:13:00 As I mentioned in a previous post, The Sail on Brickell will no longer be included in the Brickell Condo Index . I also made a change to the way that the statistics in the third section of the index are presented. It should now be much easier to make sense of the ... More About: October 2007 , October
100+ Properties to be Auctioned This Saturday
2007-10-18 00:59:00 Over 100 properties located throughout South Florida will be auctioned this Saturday in Fort Lauderdale. I’ve known about this auction for quite some time but wasn’t sure whether or not I should write a post about it for a couple of reasons. One, most of the properties are predominantly single family homes while my ... More About: Foreclosures , Vue at Brickell , The Club at Brickell Bay , Properties
South Beach Condo Index - October 2007
2007-10-16 04:16:00 The data for the October South Beach Condo Index was collected last Thursday. I didn’t have time to actually post the statistics until now because it is quite time consuming and I kept procrastinating. Actually, I had time, but I instead decided to enjoy my weekend by consuming much of what Miami and South Beach ...
Sunday Afternoon Bicycle Ride Through Brickell and Downtown Miami
2007-10-15 03:49:00 Last week, I purchased a new road bike. My hope was to not only get a good cardio workout while cycling but also to get some great pictures of Miami and South Beach while doing so. My goal today was to get some shots of the condo developments in Brickell and Downtown that ... More About: Asia , Ride , Sunday
Neo Vertika Short-Sale Becomes a Closed Sale
2007-10-13 09:11:00 The 2 bedroom + den/2 bath loft at Neo Vert ika that I wrote about on September 4 closed Wednesday afternoon. The unit has 1,255 square feet of interior space, 20-foot ceilings, a large balcony that extends the length of the unit and comes with the upgraded stainless steel appliance package. Since it has ... More About: Miami Real Estate , Sale , Short , Closed
Foreclosure Mess Victimizes Renters as Well
2007-10-13 04:00:00 A few months ago, I thought about writing this post but I never got around to it. The Wall Street Journal was sitting at my office this afternoon and an article caught my attention: “Mortgage Turmoil Hits Renters As Buildings Go Into Foreclosure “. The reason why I thought about writing this post a few months ... More About: Foreclosures , Victim , Well , Mess
Closings at Latitude on the River Faring Better Than Most Miami Condo Devel
2007-10-13 02:39:00 I have been tracking closings at Latitude on the River for the past couple of months. As of two days ago, Latitude on the River has been able to close 275 of their 455 total units. The closed units represent roughly 60 percent of the overall building. Closings are usually recorded within ... More About: Miami , Condo , Brickell
A Host of Problems
2007-10-12 23:16:00 As many of you have noticed, my website was down since early Wednesday morning. AN Host ing, the company that hosts my site, had a server that crashed. The files that comprise my blog were on that server. Additionally, I was also not able to receive emails during the outage. Those ... More About: Problems
Welcome to One Bal Harbour
2007-10-10 04:47:00 Ever wonder what it would feel like to play James Bond for a day? Sneak into a highly secured building suspended by a cable moving along a pulley? How else could I get into One Bal Harbour on a Sunday afternoon? Well actually, I just walked in through the front door. The lobby ...
Developers Renting Their Inventory as a Last Resort
2007-10-09 04:28:00 On Friday, the Daily Business Review published an article entitled, “Condominiums: Holding Pattern”. The article points out that several developers of recently completed condo developments have opted to rent their unsold or defaulted inventory to remain afloat. The question that resounds throughout the article is whether or not this approach makes economic sense for these ... More About: Miami Real Estate , Inventory , Midtown , Brickell , Arts District
Welcome to One Bal Harbour
2007-10-09 01:37:00 Ever wonder what it would feel like to play James Bond for a day? Sneak into a highly secured building suspended by a cable moving along a pulley? How else could I get into One Bal Harbour on a Sunday afternoon? Well actually, I just walked in through the front door. The lobby was simply amazing! The ceilings looked to be 25-30 feet high. WCI definitely delivered a remarkable product. There has been much speculation by the media, as of late, that One Bal Harbour will be riddled by a large percentage of defaults. That may ultimately be true, but those who can hold for three-plus years will likely be pleased with their decision. I took a ton of pictures while touring the common areas of One Bal Harbour. Unfortunately, my camcorder was having issues so I wasn’t able to shoot any video. The picture slideshow below will reveal what I saw yesterday. The final 11 pictures were taken within the hotel aspect of the development. The restaurant looks like it will be amazing!
Developers Renting Their Inventory as a Last Resort
2007-10-07 09:43:00 On Friday, the Daily Business Review published an article entitled, “Condominiums: Holding Pattern“. The article points out that several developers of recently completed condo developments have opted to rent their unsold or defaulted inventory to remain afloat. The question that resounds throughout the article is whether or not this approach makes economic sense for these ... More About: Miami Real Estate , Inventory , Midtown , Brickell , Renting
Trump Tower I - Sunny Isles Beach - 2 Bedroom + Den/3 Bath - $1M
2007-10-05 05:30:00 A contract holder of a condo unit at Trump Tower I, who got in at an excellent price via the “Friends and Family Discount,” contacted me last week to help him find a replacement buyer. He has a contract on a 2 bedroom + den/3 bath condo with 1,938 square feet of interior space ... More About: Bath , Beach , Bedroom , Sunny
Bayfront Brickell Condo Foreclosure to Sell Below $200 Per Squar Foot?
2007-10-05 05:03:00 I’ve been keeping a close eye on a 4 bedroom/4 bath split-level bank-owned condo at Atlantis for quite some time. It has 2,628 square feet of interior living space and is located on the third floor. The price has continually been reduced throughout the months that I’ve kept an eye on it, but ... More About: Miami Real Estate , Foreclosures , Foreclosure , Condo , Sell
Bayfront Brickell Condo Foreclosure to Sell Below $200 Per Squar Foot?
2007-10-03 08:58:00 I’ve been keeping a close eye on a 4 bedroom/4 bath split-level bank-owned condo at Atlantis for quite some time. It has 2,628 square feet of interior living space and is located on the third floor. The price has continually been reduced throughout the months that I’ve kept an eye on it, ... More About: Foreclosures , Foreclosure , Condo , Sell , Brickell
Trump Tower I - Sunny Isles Beach - 2 Bedroom + Den/3 Bath - $1M
2007-10-03 07:37:00 A contract holder of a unit at Trump Tower I, who got in at an excellent price via the “Friends & Family Discount,” contacted me last week to help him find a replacement buyer. He has the contract on a 2 bedroom + den/3 bath condo with 1,938 square feet of interior space and ... More About: Bath , Beach , Bedroom , Sunny
Saturday Afternoon View of the Arts District
2007-10-02 05:58:00 It was a gorgeous afternoon here in South Florida yesterday. I was heading west on the Venetian Causeway and was compelled to pull over after paying the toll. The developments along Biscayne Bay looked so magnificent from this view that I wanted to share it with my readers. (Especially those who aren’t ... More About: Miami Real Estate , Arts , District , Saturday , View
Saturday Afternoon View of the Arts District
2007-10-01 04:23:00 It was a gorgeous afternoon here in South Florida yesterday. I was heading west on the Venetian Causeway and was compelled to pull over after paying the toll. The developments along Biscayne Bay looked so magnificent from this view that I wanted to share it with my readers. (Especially those who aren’t local ... More About: Arts , District , Saturday , View , Afternoon
Miami Condo Index - Brickell Key - September 2007
2007-09-28 06:40:00 The Brickell Key Condo Index continues to represent the true condition of the condo market in Miami . Its counterpart, the Brickell Condo Index, has become the red-headed stepchild and has failed to provide any true insight into the state of the market. Until the fraud in Brickell has been squashed, I would keep a closer ... More About: Louis , Brickell Key
New Feature Added
2007-09-27 07:05:00 I wanted to make everyone aware of a new feature that was added to this site. It is a file sharing widget that you will find along the right-hand side below the poll. This new feature will allow me to share files of interest with site visitors. Just simply click on a ... More About: Feature , Feat
Jorge of the Jungle
2007-09-26 23:18:00 A few months ago I wrote a post entitled, “Advice to Miami Condo Sellers“. It was a highly read piece because of the inventory figures that were provided. I highly recommend that you read it if you recently discovered this blog and are curious about the developments that are scheduled to close within the ... More About: Jungle , Brickell , The Jungle , Jorge
Video of the Platinum Condominium Auction
2007-09-26 22:18:00 Today, I finally had a chance to edit, render and upload the video that I shot of the Platinum Condominium auction last Thursday. I split it up into three separate video files which highlight key points of the auction. You can read my analysis of the auction here. An explanation of how ... More About: Video , Miami Real Estate , Auction , Domin
Best Priced 2 Bedroom at One Bal Harbour - $1.18M
2007-09-26 03:17:00 Last week a contract holder contacted me who would like to sell his 2 bedroom/2.5 bath condo residence at One Bal Harbour. The condo is a Residence B floor plan in the 02 line. It has 1,917 square feet of interior space and 535 square feet of terraces. He went to contract ... More About: Bedroom
Trouble Ahead for Ten Museum Park?
2007-09-25 07:04:00 Those of you who have closely followed my blog know that I’m a big advocate of Ten Museum Park , for reasons that I have cited in the past. I’ve predicted that, of the condo developments that are scheduled to close within the next six months, Ten Museum Park would have the least amount of ... More About: Ahead
Star Lofts on the Bay - The Next Condo Development up for Auction?
2007-09-24 02:35:00 Star Lofts on the Bay looks to me to be a prime candidate to have a developer closeout sale in the near future. Closings for units at Star Lofts on the Bay began towards the beginning of July. As of today, there have been a total of 18 recorded closings with the last ... More About: Miami Real Estate , Auction , Development , Condo , Star
All Non-Absolute Offers Rejected
2007-09-21 18:44:00 I just received word that the 7 high bids that were contingent upon approval from the developer have all been rejected. Fisher Auctions did a great job last night. It is just too bad that they weren’t working with a truly motivated seller. What was the developer expecting? addthis_url = ... More About: Offers , Rejected , Offer , Absolute
Failure to Launch
2007-09-21 14:32:00 (The video that I shot of tonight’s auction will be included within the next day or two.) The Platinum Condominium auction has come and passed. The big talk of the town packed the house with auction participants, brokers, reporters and spectators. If tonight was any indication of what lies ahead, then the Miami ... More About: Miami Real Estate , Failure , Launch , Lure
National Media Looking to Interview Miami Condo Investors
More articles from this author:2007-09-20 01:07:00 CNBC contacted me last week to discuss a story that they are working on concerning the Miami condo market. More specifically, their report will focus on the speculative bubble that existed in 2005 and early 2006, as well as the present day state of the market. CNBC would like to interview people who speculated on ... More About: Media , Miami Real Estate , National , Interview 1, 2, 3, 4, 5, 6, 7 |
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