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Miami Real Estate

Marina Blue Through the Eyes of a Professional Photographer
2008-05-23 05:39:00
About a month ago, I shared a bunch of pictures that I shot while touring Marina Blue. Someone left a comment remarking that my amateur eye didn’t fully encompass Marina Blue in all its glory. I think you will all agree, after viewing this post. Fortunately, the people at Posh Condos were nice ...
Miami Real Estate
2008-05-21 17:15:00
Investor Report: Miami-Dade County by Kenneth R. Harney Every real estate investor knows the old saying: "Buy when there's blood in the streets." Well that's what's going on right now in the Miami-Dade county condominium market, according to Jack McCabe, one of South Florida's most active consultants to hedge funds, "vulture funds" and other investors looking to pick up properties at 35 to 50 percent discounts off previous asking prices. It's no secret that Miami-Dade has the country's most crushing glut of unsold, unoccupied condo projects, with 25,000 sitting for sale -- a five year supply at current purchase rates -- plus another 19,000 units at some stage of approval or construction. But McCabe, who is CEO of McCabe Research in Deerfield Beach, warns that getting great deals is not as easy as you might imagine. Many condominium projects are tied up in litigation, which can complicate the ability of unit owners or developers ...
A Preview of 500 Brickell
2008-05-20 18:01:00
Last Thursday night, I attended the brokers preview party for 500 Brickell. It was great to be in the company of the one or two Realtors left in Miami. Okay, I’m exaggerating a bit. The place was actually pretty packed. The wine was flowing and the hors d’oeuvres were everywhere. ...
Brickell on the River South Tower Developer Closeout Sale
2008-05-20 02:41:00
Some of you may have noticed the bus stop ad above for Brickell on the River South Tower throughout various locations in Brickell. I must have driven past it a dozen times without noticing it. However, a friend of mine mentioned the ad to me over lunch this past weekend, so I had to ...
Miami & Miami Beach Condo Trends - May 2008
2008-05-15 04:26:00
Earlier this afternoon, someone left a link in the comments area of a previous post to a Florida Association of Realtors article that reveals an improvement in real estate inventory levels for the state of Florida in the first quarter of 2008. I wanted to see how the Miami and Miami Beach condo markets fared ...
Atlantis on Brickell
2008-05-13 07:43:00
People from all over the world, even those who may have never visited Miami, may recognize the building pictured above. It caught the eyes of many in the opening credits of a wildly popular 1980s TV show called “Miami Vice”. It amazes me by how many times nonlocal clients say something like, “Hey, there’s the ...
900 Biscayne Bay Condo Tour
2008-05-11 01:43:00
Over the past 3 weeks, I have had the opportunity to view multiple units in 900 Biscayne Bay Condominium up close and personal. I’m proud to finally present the photos from those multiple visits. I’ve been very excited about this development from the very first minute I walked through the door. This building is very ...
Photo Tour of 900 Biscayne Bay
2008-05-10 07:16:00
This past week, I had the opportunity to take a very extensive tour of 900 Biscayne Bay. I couldn’t wait to see if 900 Biscayne Bay held up to its high expectations. I took a ton of pictures that day and wanted to share them with everyone. Above, you see the nice ...
Beautiful 5 Bedroom Condo at Villa Regina with 4,100 Square Feet - $1.75M
2008-05-07 03:35:00
5 bedroom condos in Brickell are very rare. In fact, at this time there are only 2 other condos listed in the MLS with this many bedrooms in Brickell. Just last week, I listed the best priced 5 bedroom in Brickell in a building called Villa Regina. The new listing is attractively ...
Premium Views from Plaza on Brickell
2008-05-06 05:37:00
I had the opportunity last week to also show a few condo units at Plaza on Brickell offering their best views. The pictures that I took were shot from the 10 and 11 lines in the 851 Tower located at 950 Brickell Bay Drive from the 45th floor. As you can see, the views at ...
Miami Real Estate
2008-05-01 01:22:00
Florida Real Estate Inventory: A 5-year Condo Glut A great article in Builder highlights Jack McCabe's research report which calculates that the Florida condo market has a whopping 5 years worth of inventory with cranes still hovering over new developments. Talk about a real estate buyer's market in Florida - from now until whenever. Worried about missing the bottom? If you are in Florida you will only miss the bottom if you die - otherwise, don't worry about finding when the bottom of real estate market in Florida is. From the article on the massive inventory of condo's in the Florida market: "According to the Florida Association of Realtors and market expert Jack McCabe of McCabe Research and Consulting (www.mccaberesearch.com), there is currently a five-year supply of condo and townhouse units on the market in Dade County, which represents an inventory of more than 24,000 units. Not surprisingly, prices have dropped accordingly. Median sa...
Closings at Asia Have Begun
2008-04-18 02:36:00
I received word today that closings at Asia began late last week. The outside of the building looks spectacular. I fully expect that the common areas and units will be just as impressive, if not more so. I’m hoping to get inside to view Asia for myself within the next couple of weeks. For ...
Marina Blue Condo #2302 - Just Listed! - $349,000
2008-04-11 04:24:00
We just listed Unit 2302 in brand new Marina Blue Condominium for sale. Our client is motivated and says bring us offers. This unit is in the 02 line which has views of Downtown, Bayside, American Airlines Arena, the Port of Miami, Biscayne Bay and parts of South Beach in the distance. The architecture is ...
Marina Blue - A Look Inside Biscayne Boulevard?s Newest Condo Development
2008-04-10 01:39:00
Earlier this week, I took a look at an 01 condo at Marina Blue. I was also able to see the common areas and views from the Sky Deck located on the 14th floor. Below, you’ll find some great pictures that I was able to take during my visit to Marina Blue. The sunrise ...
Brickell Key Miami Real Estate
2008-03-15 00:52:00
Brickell Key condominiums for Sale or Rent When you purchase or lease a Brickell Key Condo you are essentially ensuring that every vacation you spend in Miami will be fun filled, enjoyable and memorable. Moreover, if you decide to permanently reside in a Brickell Key Condo, you will be moving to an area that gives you access to everything you need to live a rewarding and fulfilling lifestyle. If you are looking to live in the very lap of luxury then you will want to check out the Brickell Key Condos for sale. Brickell Key Condos are situated right along the waterfront and nowadays, a condo on the waterfront of Miami Beach is the place to be if you are looking for the very best of everything. Conveniently situated smack dab in the middle of Miami's greatest activity, Brickell Key Condos give their owners immedi...
The Regent Bal Harbour Hotel & Residences Celebrates its Grand Opening
2008-03-11 05:20:00
Yesterday afternoon, the Regent Bal Harbour Hotel & Residences held its grand opening celebration. The Regent Bal Harbour is a 5-star hotel with world-class amenities, a 5-star restaurant and gorgeous water views from every hotel room. It will likely be a favorite amongst affluent South Florida vacationers. Prices range from $750 to ...
Vue at Brickell - Are Prices Finally Bottoming?
2008-03-09 05:04:00
On May 24, 2007, I wrote a blog post entitled “Vue at Brickell - Overpriced or Insanely Overpriced?“. At the time, the average list price of condos available at Vue at Brickell was over $550 per square foot. As many of you now know, and as the blog post explains, the inflated list ...
Marina Blue Condo Tour March 2008
2008-03-08 05:18:00
Yesterday I had the opportunity to revisit Marina Blue with a client interested in a 2 bedroom. We were able to tour many different floorplans on one of the highest floors. Since the last time I visited - Photos from last time - many improvements had been made to the building. The lobby now looks ...
Ten Museum Park Revisited
2008-03-07 09:25:00
Ten Museum Park was one of the first major condo buildings in Miami to hit the market within the past year. Closings began at Ten Museum Park, almost nine months ago, on June 14, 2007. I thought this would be a great opportunity to revisit Ten Museum Park to see what type ...
Coming Soon: Sushi Siam at Plaza on Brickell
2008-03-03 01:26:00
Last week I noticed the above sign, “Coming Soon: Sushi Siam,” as I drove by Plaza on Brickell. This is great news not only for Plaza on Brickell but also the entire neighborhood of Brickell. Sushi Siam is a very well known sushi restaurant located on Lincoln Road in South Beach. I find it ...
4 Midtown Miami Studio only $200,000
2008-02-29 03:30:00
We just reduced Unit M-207 in 4 Midtown Miami to $200,000 for immediate sale.  And best of all - the seller is paying property tax and maintanance fees for the first year! This is a fantastic deal considering this is one of only a few units in the entire zip code that is a legal ...
Blue Condominium - 1 Bedroom/1.5 Bath Foreclosure - $229,000
2008-02-28 23:27:00
I was stunned when I saw this foreclosure listing at Blue Condominium. $229,000 for a 1 bedroom at Blue Condominium!!! This condo would have probably been listed for around $380,000 in 2006. The MLS listing shows it to be a 1 bedroom/2 bath condo but I don’t think that information is accurate, ...
Miami & Miami Beach Condo Trends - February 2008
2008-02-26 19:40:00
Below, you will find the Miami-Dade County condo inventory and months of supply figures for February 2008. The first box to the left reveals the total number of condos that are currently available for sale on the MLS throughout Miami-Dade County. The second box discloses the total number of closed sales that occurred ...
National Eyes on the Miami Condo Market
2008-02-23 22:40:00
The “Today Show” recently reported about the Miami and Miami Beach real estate market. The report included views by Barbara Corcoran, the queen of real estate. See what they and she had to say: As I’ve said time and time again - Not every building or location is created equally. This is a great time for ...
Miami Condo Market Highlighted by the Major Media
2008-02-23 07:50:00
Kevin Tomlinson, of the South Beach Condo Blog, hit a home run yesterday with his post entitled “All You Ever Wanted to Know About Miami & Miami Beach Real Estate: A Video Round-up“. The “Today Show” was in sunny Florida yesterday morning to report about the Miami and Miami Beach real estate market along ...
Quantum on the Bay #801 - Just Listed
2008-02-22 21:48:00
We just listed Unit 801 in Quantum on the Bay for sale. This unit is a 1 bedroom loft directly facing Biscayne Bay on the 8th floor of the South Tower. There are only 6 units in all like this loft in the entire building. This unit was upgraded with porcelain floors throughout and with ...
Foreign Buyers Finding Deals in the Miami Condo Market
2008-02-22 07:04:00
On February 20, 2008, Reutors published an article entitled “Miami Condos are ‘for sale’ for Foreign Buyers“. The article discusses how foreign buyers are stepping in to buy condos at a discount in Florida, where prices have dropped “20 to 30 percent”. The appreciation of their currency is another motivating factor in their ...
New Miami Condos - Closing Rates for February 2008
2008-02-21 05:30:00
This month, I decided to make two separate graphs to show the percentage of total units that each development has closed since closings began. The first graph, found immediately below, reveals the closing rates for Miami condos which had their first closing prior to November 1 2007. The condo developments are ...
Quantum on the Bay #4404 - Just Listed
2008-02-12 00:47:00
We just listed Unit 4404 in Quantum on the Bay for rent or for sale. Our client prefers to rent the property but would consider selling if we come in close to the asking price. This unit is in the 04 line or the “J-Line”. The J-Line is a simple split bedroom plan which is ...
Marina Blue - Closings to Begin This Week
2008-02-12 00:11:00
The moment has finally arrived. Closings will begin at Marina Blue this week. I’m not quite sure which exact day they will begin but I know someone who has his closing scheduled for this Friday morning. My guess is that the first closing took place earlier today though. I’ve been looking quite forward ...
Miami Real Estate Investing Tips
2008-02-10 11:51:00
You may have heard that you can gain lots of profit in real estate investing. The truth is that Miami real estate investing is a powerful tool to have great wealth provided that you have the knowledge and abilities to obtain success. In order for you to be armed in entering this venture, you have to ...
Say It Aint So ?O?
2008-02-06 07:22:00
Yahoo News! reported earlier today that there are rumors that Shaquille O’Neal will be traded to the Phoenix Suns. I hope these rumors don’t prove to be true but it does sound like the Miami Heat will part ways with Shaq in the near future. I think everyone will agree that Shaquille O’Neal ...
Say It Aint So ?O?
2008-02-06 07:22:00
Yahoo News! reported earlier today that there are rumors that Shaquille O’Neal will be traded to the Phoenix Suns. I hope these rumors don’t prove to be true but it does sound like the Miami Heat will part ways with Shaq in the near future. I think everyone will agree that Shaquille O’Neal ...
Quantum on the Bay Condo Tour
2008-01-30 03:40:00
Over the past 8 weeks, I have had the opportunity to see Quantum on the Bay Condominium up close and personal. From the first time I walked into the building I knew this building was a little bit special and would be successful in the short and long term. While I have been busy scheduling ...
Does Miami Real Estate Investment effected by Florida Primary Results or Fl
2008-01-30 03:05:00
Copyright © 2008 khairulazmi.com. Visit the original article at http://www.onlinebisnes.com/blo-g/2008/01/30/does-miami-real-es-tate-investment-effected-by-flo-rida-primary-results-or-florida--exit-polls/. If You are reading this message on the beginning of blog entry you might be reading from site thief content.Usually site thief content did copy the same content from the original source and paste it on their site without original author permission.Please do not support them ...
Amendment 1 Vote Tomorrow
2008-01-29 00:48:00
Tomorrow - Tuesday January 29th, 2008 - Floridians will have an opportunity to vote to reduce property taxes. If you are a Florida voter, Miami Condo Realty and I urge you to vote YES on constitutional amendment 1. Voting YES will have the following impact: 1.) The Homestead Exemption would be doubled from $25,000 to $50,000 2.) The ...
Miami Condo Index - Brickell Key - January 2008
2008-01-28 01:56:00
The Brickell Key Condo Index is back. I didn’t have time to provide a monthly update for December 2007. For those who have newly discovered this site, the Brickell Key Condo Index is a monthly post that provides important housing statistics pertaining to the 10 existing condo buildings located on Brickell Key. ...
Looking For Miami Real Estate With South Beach Condos
2008-01-23 02:44:00
I recently had occasion to do a discussion about opportunity to take a home in Miami. I’ve had some experiences in Miami a few times over many years and always enjoy Miami...
Miami & Miami Beach Condo Trends - January 2008
2008-01-21 01:57:00
In the last update of the Miami & Miami Beach Condo Trends in November 2007, I promised that the Miami and Miami Beach Condo Trends would be a monthly update. I hate breaking promises but December turned out to be much busier for me than I had expected. With the holidays on top ...
New Miami Condos - Closings Rates for January 2008
2008-01-17 05:17:00
The chart below will show you the percentage of total units that each development has closed since closings began. Click on the following links to view the updates in November and December: New Miami Condos - Closing Rates for November 2007 New Miami Condos - Closing Rates for December 2007 Below you will find the date that ...
Plaza on Brickell - A Look Inside
2008-01-15 06:14:00
This afternoon I was able to take a look at about 4-5 condos at Plaza on Brickell with potential buyers. The picture slideshow below will show you a bunch of pictures that I took with the camera on my phone. Keep this in mind because the quality is not that good. We weren’t able ...
Short-Sale at One Miami
2008-01-13 06:41:00
Last night, I came upon a fantastic short-sale at One Miami. Not necessarily because of the price but because an agent finally did his homework.The listing says the following: Property is being sold as short sale. All docs already submitted to the bank. Bank approved 272,000, less then 272K will not be considered ...
Real Estate Connect - The Housing Debate: Bulls vs. Bears
2008-01-13 04:51:00
I’m so glad that Brad Inman, of Inman News, posted the following video. This was hands down the most interesting discussion that I attended this past week. The speakers on the stage were made up of the following: Andrew Ross Sorkin - Assistant Editor, Business & Finance, Chief Mergers and Acquisitions Reporter of the New ...
Miami - I?m Baaaack
2008-01-12 18:42:00
I arrived back into Miami last night. NYC was awesome and I was actually contemplating extending my stay until Sunday but I’m happy to be home. Being in Chicago and NYC for the past couple of weeks reminded me just how many people are in this world. Walking (or driving) the streets ...
Midtown Miami - Lease to Own
2008-01-12 02:42:00
Don’t know if you should buy in this market? Then consider lease to own. Midtown Miami is presenting a lease-to-own option for some of the units available in 2 Midtown Miami Condominium. How does this work? You agree to a rental price and purchase price at the beginning of the lease and before the end ...
Tips On Investing Into The Miami Real Estate Sector Posted By : Vanessa Doc
2008-01-11 15:01:00
Miami has become a hot spot for tourists as well as a place for retirement for the older generation. More: continued here
Rumor Mill on the Streets of Manhattan
2008-01-10 07:36:00
I arrived at La Guardia Airport in New York City on Tuesday afternoon. The good news was that the weather was fantastic. It was in the high 60s, which was unprecedented in New York City for the month of January. The weather was just what I needed after arriving in Chicago last ...
Miami Real Estate Market Results For December 2007--The other side of the s
2008-01-09 04:45:00
It seems a day can't go by without reading a news paper article or hearing a story on the nightly news that discusses the current real estate market. The picture that is being painted is one of doom and gloom. And let me tell you there is more to the story than is being reported. There are many real estate success stories every single month in Miami. Now don't get me wrong, I understand that we aren't experiencing the growth that we enjoyed over the last 5 years. I understand that the days on market for a property to go under contract has risen by several months. I understand that the level of inventory has also gone up dramatically. And I understand that the prices of homes are going through a very normal and natural correction.Here is the side of the story that isn't being reported. According to our local MLS, for the Month of December 2007, in Miami-Dade county, 670 Single Family and/or Condo/townhomes sold. When you consider that there are 2 sides to every transaction (a buy...
Quantum on the Bay Deals! 1+Den Bayview
2008-01-05 06:00:00
There are many deals available at Quantum on the Bay! Why? Because the buildings is just opening.  We have sold 4 units and have many buyers preparing to sign contracts now.  This is not a sales pitch.  If you are in the market to buy a unit at a discount and to get a good ...
A Year in Review for the Miami Condo Investments Blog
2007-12-28 01:45:00
As a year-end post, I decided to go through all of the posts that I’ve written about the Miami condo market in 2007 to highlight my five favorite posts. This blog was born on May 12, 2007, so it’s really a 7 1/2-month review. It’s amazing that I’ve been able to find the ...
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