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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
The Results of Today?s Auction
2007-09-19 23:07:00 Six properties were auctioned this afternoon. Five of them were condos and one was a single family home. A couple of weeks ago I wrote about four of the condos. The auction was held in the back yard of the single family home that was being auctioned, located at 5900 NW 13 Avenue. ... More About: Miami Real Estate , Auction , Results , Today , Result
Miami Condo Index - Brickell - September 2007
2007-09-19 08:43:00 I received an email last week from a potential investor asking me if Miami is now safer than the “Miami Vice days” that he saw on TV. Indeed, the streets of Miami are much safer than they were 20 years ago, but the corruption that infested the city back then is still prevalent now. Another ... More About: Condo , Brickell , Index , September
3 Bedroom/3 Bath Penthouse Condo at the Peninsula in Aventura with Rooftop
2007-09-16 23:04:00 I came across a short-sale listing today at the Peninsula in Aventura . It is a 3 bedroom/3 bath condo with 3,400 square feet of interior space and a large 600 square foot private rooftop terrace. The views look simply amazing! It is listed at $1,149,000, or $338 per square foot. I haven’t visited ... More About: Bath , Foreclosures , Condo , Bedroom
Preparing for the Platinum Condominium Auction
2007-09-16 02:15:00 As many of you already know, the Platinum Condominium auction will be held this Thursday, September 20, 2007 at 7pm. 20 of the developer’s unsold condo units will be auctioned with 8 of them being sold absolute to the highest bidder regardless of price. The auction will be held at the Miami Biscayne ... More About: Miami Real Estate , Auction , Arts District , Domin
Highly Motivated Seller of Two Latitude on the River 2 bedroom/2.5 Bath Con
2007-09-14 03:58:00 The owner of two condos at Latitude on the River contacted me earlier this week. He is highly motivated to sell both of his 2 bedroom/2.5 bath condos and is willing to consider all reasonable offers. He has already closed on both of these B12 units and is willing to accept a loss ... More About: Miami Real Estate , Bath , Seller , Bedroom
South Beach Condo Index - September 2007
2007-09-12 08:45:00 As with the Brickell Key Condo Index in August, I have included some key statistics about each of the 19 developments that comprise the South Beach Condo Index. The third set of statistics below will reveal the number of available listings in each development, the percentage that those listings represent of the total number ... More About: South Beach
Corus Bank - One of the Many Publicly Owned Real Estate-Related Companies t
2007-09-10 16:16:00 In previous posts, I’ve revealed that Corus Bank is a prominent lender to condo developers in Miami Miami Beach. A recently published article by TheStreet.com entitled “Corus Swept Up in Florida Condo Undertow” may reveal that my analysis of Corus Bank was actually conservative. The article revealed that, for good reason, “55 percent ... More About: Companies , Estate , Real Estate , Owned , Real
Emerald at Brickell 3 Bedroom/4.5 Bathroom Penthouse Looks Like a Steal
2007-09-09 02:53:00 This past week I came across a 3 bedroom/4.5 bath Penthouse condo at Emerald at Brickell that is priced at $975,000. I had to do a double-take when I saw the listing because I know that the 2 bedroom residences at Emerald at Brickell are listed in the $900K’s to as high as $1.45M. ... More About: Miami Real Estate , Bathroom , Bedroom , Steal
Questions to Ask Your Lender
2007-09-07 03:07:00 Many of you may currently be shopping around for a mortgage. There have been many reports, as of late, about borrowers who didn’t fully comprehend what they were getting themselves into. As a borrower, it is your responsibility to understand what you are signing. Don’t be afraid to ask questions. After ... More About: Questions , Lend
Villa Regina - 3 Bedroom/2 Bath - Motivated to Sell Now!!!
2007-09-05 08:20:00 A few days ago, I acquired a great listing for a 3 bedroom/2 bath condo with direct bay views from the 19th floor at Villa Regina. I normally don’t discuss my listings on this blog. However, due to the motivation of the seller, I decided that this could be a good opportunity for ... More About: Miami Real Estate , Bath , Bedroom , Sell , Brickell
Four Bank-Owned Condos in Miami & Miami Beach to be Auctioned September 19,
2007-09-05 02:23:00 Four condos will be auctioned off Wednesday, September 19, 2007 at approximately 3pm. Three of the four condos are located in Miami while the fourth is located in Miami Beach . All four condos have gone through the foreclosure process and are currently owned by the bank. 1. Meridian Place - 325 Meridian ... More About: Foreclosures , Owned , Bank
Neo Vertika 2 Bedroom + Den on the 29th Floor - $303,000
2007-09-04 07:50:00 Two Mondays ago I reported that a 2 bedroom + den loft at Neo Vert ika went up for auction. The auction had a dismal turnout and the highest bid was quickly rejected by the bank. Since that time I have submitted two offers to the bank. The bank has recently stated that they would accept ... More About: Miami Real Estate , Bedroom , Brickell , Floor
Governmental Intervention in the Housing Market
2007-09-01 21:35:00 Yesterday, President Bush discussed his plan to aid homeowners at risk of losing their homes. Most of the plan focused on assisting borrowers to refinance their adjustable-rate loans to more conventional loans provided by the Federal Housing Authority. I took a look at his recommendations and of particular interest to me was his proposal to ... More About: Miami Real Estate , Market , Vue at Brickell , The Club at Brickell Bay
My Prediction for Ten Museum Park
2007-08-31 06:15:00 I’m going to go out on a limb and say that the east-facing units at Ten Museum Park will be selling 10-15 percent above where they are now by year’s end. I know, I know…the Miami condo market is in a rut. But that’s just my point. The east-facing units at Ten ... More About: Miami Real Estate , Ten Museum Park , Park West
Marquis - The Fourth Luxury High-Rise Building in Miami?s Park West Neighbo
2007-08-31 02:42:00 I’ve been getting a lot of interest in Ten Museum Park from both local and out-of-state buyers. Most of them inquire about the developments in the immediate vicinity to Ten Museum Park, such as 900 Biscayne Bay and Marina Blue to the south, and Marquis to the north. One can get a good idea ... More About: Building , Miami Real Estate , Luxury , Miami , West
Miami Condo Index - Brickell Key - August 2007
2007-08-28 04:38:00 Welcome to the third installment of the Brickell Key Condo Index. I have included a few additional statistics to provide a more comprehensive view of the market. This change will be implemented in the Brickell and South Beach Condo Indices in September. I will now report the number of available listings, pending ... More About: Miami Real Estate , Miami , Louis
Now That?s What I Call a View - Penthouse Condo at Santa Maria
2007-08-27 07:02:00 Scanning through MLS listings a few weeks ago I came across an extraordinary condo for sale at Santa Maria. It is a 5 bedroom/6.5 bath condo with an amazing 6,300 square feet of interior space and a total of 3,250 square feet of terrace space. The views from this penthouse are breathtaking, to say the ... More About: Miami Real Estate , Condo , View , Call
Short-Sales - Short of Spectacular
2007-08-26 02:29:00 Everyone has heard that short-sale and foreclosure listings have increased dramatically in the past 12 months. I’ve found that, as of late, two to four new short-sale listings will appear in the MLS for each neighborhood in Miami per week. I’m a huge fan of foreclosures but not such a big fan of short-sales, as ... More About: Miami Real Estate , Foreclosures , Sales , Short , Spectacular
The Fate of Prices at Vue at Brickell and The Club at Brickell Bay
2007-08-24 05:29:00 For months I’ve been writing about the rampant mortgage fraud that has occurred in certain buildings located in Brickell such as Vue at Brickell and The Club at Brickell Bay. The August Brickell Condo Index revealed that over the last six months Vue at Brickell had closed sales with an ... More About: Foreclosures , Fate
One Miami - 2 Bedroom/2 Bath Short-Sale Listed at $329,900
2007-08-22 18:07:00 I just noticed a 2 bedroom/2 bath short-sale at One Miami that is priced at $329,900, or $282 per square foot. My August Brickell Condo Index revealed that condos at One Miami have sold for an average price per square foot of $450.94 over the past six months. A 2/2 located directly three ... More About: Miami Real Estate , Bath , Sale , Bedroom
Villa Regina Auction - A Much Better Result
2007-08-22 02:34:00 The Villa Regina auction that I attended this afternoon had a much better turn out and active bidders than the Neo Vertika auction I attended yesterday morning. Villa Regina is a very well known building residing on the southern end of Brickell Avenue. It was built in 1982 and recently had a special assessment to ... More About: Auction , Result
2 Bedroom/2 Bath @ Axis - $365,000 - 24th Floor in the North Tower
2007-08-21 15:27:00 The contract holder of this 2 bedroom/2 bath condo at Axis originally paid $379,000. He is willing to accept a loss by selling it at $365,000 so that he won’t have to close. The condo is on the 24th floor of the north tower at Axis and has 1,076 square feet of interior space and ... More About: Miami Real Estate , Bath , North , Bedroom , Brickell
900 Biscayne Bay - Sneak Peak at a Luxury Miami Preconstruction Condo Build
2007-08-21 02:19:00 Last week I was afforded the opportunity to walk through an almost finished townhouse unit at 900 Biscayne Bay. It was priced, from the developer, at around $945,000 (I don’t remember the exact figure but it is very close, if not exact). The pictures and the short video clip that I shot of the ... More About: Luxury , Miami , Condo , Ten Museum Park , Park West
Neo Vertika Auction - Going, Going?Not Gone?
2007-08-20 20:14:00 A few weeks ago I mentioned that a 2 bedroom + den/2 bath unit at Neo Vertika would be auctioned on August 20, 2007. I attended the auction this morning. A single family home in Palmetto Bay was auctioned first and about 5-6 people participated in that auction. There were probably about 35-45 people ... More About: Miami Real Estate , Auction , Brickell , Miami River , Going
Latitude on the River - Picture Tour of the Common Areas and a 2 Bedroom/2.
2007-08-19 23:58:00 Last Monday I visited Latitude on the River with two sets of clients. The picture slideshow below will show everybody what we saw during our tour of Latitude on the River. You will also see some pictures of a 2 bedroom/2.5 bath condo on the 36th floor that we visited. Everyone was very impressed with ... More About: Miami Real Estate , Picture , Tour , Common
Quantum on the Bay - 1 & 3 Bedroom Condos Available on High Floors with Gre
2007-08-19 17:50:00 A contract holder of two condos at Quantum on the Bay contacted me a few weeks ago to let me know that she would like to find a replacement buyer for each unit. The first is 3 bedroom/3 bath with 1,620 square feet of interior space and two large terraces. If you refer to the ... More About: Miami Real Estate , Bedroom , High , Arts District
Opera Tower - 1 Bedroom/1 Bath Condo on the 38th Floor - $340,000
2007-08-19 03:27:00 A few days ago someone contacted me who has a one bedroom/one bath condo at Opera Tower under contract. He doesn’t want to close on the unit and wants me to find out if there’s anyone who might have an interest. The condo is on the 38th floor and has 791 square feet ... More About: Miami Real Estate , Bath , Condo , Bedroom
Miami Condo Index - Brickell - August 2007
2007-08-19 02:13:00 I just finished compiling the data for this month’s Miami Condo Index for Brickell . Last month I revealed that the 18 buildings below had a total of nine closed sales from June 19, 2007 to July 18, 2007. That number surprised myself and many others who follow the real estate market in Brickell. ... More About: August
Ten Museum Park - Picture & Video Review of an 08 Line & the Pool Deck at T
2007-08-16 09:37:00 Wednesday afternoon I previewed an 08 line at Ten Museum Park for someone in Dallas, Texas looking to fly into Miami next week to acquire this property. I took a bunch of pictures and some video of the unit as well as the pool deck for him. I wanted to share this with ... More About: Video , Miami Real Estate , Review , Picture
Ten Museum Park - Buyer Wants an 01 or 02 Line
More articles from this author:2007-08-16 00:03:00 I met with a buyer who flew into Miami a few days ago to take a look at Ten Museum Park . They fell in love with the 01 and 02 line and wanted me to find out if there’s an original buyer out there who is thinking about not closing and walking away from ... More About: Miami Real Estate , Buyer , Ten Museum Park 1, 2, 3, 4, 5, 6, 7 |
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