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Miami Picture of the Day
2008-02-13 23:13:00 addthis_url = 'http%3A%2F%2Fwww.miamicondoinv-estments.com%2F2008%2F02%2F13%2-Fmiami-picture-of-the-day%2F';- addthis_title = 'Miami+Picture+of+the+Day'; addthis_pub = 'Lucas25';
Uptown Lofts Penthouse Goes Under Contract for Less Than $200 Per Square Fo
2008-02-06 04:58:00 On June 7, 2007, I wrote about a 2 bedroom/2 bath penthouse loft at Uptown Lofts that, at the time, was a short-sale. The loft has 1,965 square feet of interior space. Since that time, the unit has fallen into the hands of the bank. The list price was recently reduced to $375,000, ...
Uptown Lofts Penthouse Goes Under Contract for Less Than $200 Per Square Fo
2008-02-06 04:58:00 On June 7, 2007, I wrote about a 2 bedroom/2 bath penthouse loft at Uptown Lofts that, at the time, was a short-sale. The loft has 1,965 square feet of interior space. Since that time, the unit has fallen into the hands of the bank. The list price was recently reduced to $375,000, ...
Miami Arts District New Construction Condo Deals!
2007-12-18 22:37:00 So as I’ve told many of my clients recently I have been unable to keep up with my blog but I promised that I would spend more time on here showcasing the better deals that we have come across. Multiple times a week I will be contacted by a seller that makes me aware of ...
New Construction Condo Deals in the Arts District, Brickell, Downtown Miami
2007-12-18 02:17:00 As closing dates for some of South Florida’s newest condo developments quickly approaches, the motivation from contract holders to sell is becoming increasingly apparent. I’ve been receiving a lot of phone calls and emails from contract holders, within the past couple of weeks, who are looking for me to help them find a replacement ...
Incredible Buy on a 1 Bedroom at The Grand - $299K
2007-11-30 07:26:00 I just came across a one bedroom/one bath listing at The Grand that looks to be incredibly well priced. It has 1,180 square feet of interior space. It is listed for $299,000, or $253 per square foot. There are a few other one bedrooms in the building that are listed for slightly less ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Advice to Miami Condo Sellers
2007-07-27 03:42:00 I mentioned last week in the July Brickell condo index that only 9 closed condo sales occurred from June 19, 2007 to July 18, 2007, in the neighborhood of Miami known as Brickell. A question was left for me in the comments section of the post about whether I felt that the lack of ...
How Bad Can Things Get for the Miami Condo Market?
2007-07-21 06:08:00 An article was released today on Bloomberg.com that exposed the seriousness of the overdevelopment problems that we have in the Miami condo market and the ensuing repercussions that will affect the Miami economy. The article was entitled “Miami Condo Glut Pushes Florida’s Economy to Brink of Recession“. To readers of my blog, however, ...
Opera Tower Closings to Begin in September
2007-07-16 00:17:00 In a previous post I stated that I heard closings at Opera Tower would begin in July. However, I confirmed today that this was inaccurate. Closings will begin in September for condo units on the first 21 floors of Opera Tower. I was told that closings on the remaining floors would begin in ...
Quantum on the Bay - 2 Bedroom + Den/2.5 Bath
2007-07-10 07:07:00 I was contacted last Friday by a lady who is looking to sell her 2 bedroom + den/2.5 bath in the north tower of the development known as Quantum on the Bay. She got in at original pricing and is looking to sell her unit prior to closing. The condo unit that she ...
2 Bedroom @ Midtown 2 for $299,000
2007-07-02 20:51:00 About 40 minutes ago a 2 bedroom/2 bathroom unit at Midtown 2 came on the market for $299,000, or $301 per square foot. The unit has a 992 square feet of interior space and 1,417 total square feet when including the large wraparound balcony. The unit comes with stainless steel Jenn-Air appliances, custom ...
MLS Listings Continue to Grow at Midtown 2
2007-07-01 09:22:00 Midtown 2 began closings for condo units around the middle of May 2007. Since that time, there has been an average of 1 to 2 newly listed condo units per day that have appeared on the MLS. I get notified with an email to my Blackberry whenever a new listing appears in the ...
An Analytical Analysis of Analyzing Condominiums
2007-06-15 08:13:00 People often ask me why I chose to focus on condominiums rather than single family homes when I began my career in real estate. I guess the answer is mainly attributable to my formal education and the work experience I gained after graduating college. As mentioned in the About Me section of this site, I ...
Project: Destroy the Arts District
2007-04-30 00:04:00 The Commerce Street Studios now expand the entire block between Wyoming and Utah (oddly enough, outside the “official” 18 blocks of the Arts District). The studios provide a low-cost option for up-and-coming artists. … ……
By: Fine Art Prints
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