Miami Beach
Miami Beach is regarded as one of the world’s premiere destinations for beach resorts, nightlife, fashion and entertainment. With a rich history dating back to the early 1900s, the city is not only sought-after for its desirable beaches, but has become a source of cultural expression and artistic inspiration, exemplified through its museums, institutions and exhibits, and one of the largest collections of Art Deco architecture in the world. South Beach, one of the city’s most popular neighborhoods, further embodies the essence of the area’s exotic beauty and glamour, featuring 23 blocks of world-class nightclubs, trendy restaurants, luxury hotels and lavish high-rise oceanfront condominiums.
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Real Estate News about Miami Beach
- South of Fifth Sales Comparison ChartTue, Apr 30 2013
The two charts above represent the First Quarter Condo Sales in the South of Fifth Neighborhood since January 2012. From January to March, 2012, 82 units were sold, and in the same January – March period of 2013, 75 units were sold. There seems to be a more dramatic difference in the price points of unit [...]
Read full article - 2-Year Sales Trend at Murano at PortofinoSat, Apr 27 2013
Click Chart to Enlarge This chart represents the sales of the 54 units that were sold at Murano at Portofino during the 2-year period ending on April 25, 2013. They are ordered by the sales date and reflect 14 units sold in 2011, 35 in 2012 and 5 so far this year. It shows how unit prices [...]
Read full article - On The Market: Matt Damon’s $20M Miami HomeWed, Apr 17 2013
Actor Matt Damon’s Miami South Beach home is on the market for $20M, according to Miami Herald. The Wall Street Journal reported that the home was built on two parcels of land that was purchased by Damon in 2005, totaling nearly $15 Million. If sold at the asking price, the actor is set to gain $5 [...]
Read full article - New Miami Beach Listing with Beautiful Ocean Views!Tue, Apr 16 2013
6423 Collins Ave #1705 2 bedroom 2 bath 1,994 Square Feet of Living Area MLS: A1769995 This new Miami Beach listing has beautiful ocean and city views from a wraparound balcony! Marble floor and floor to ceiling windows provide a beautiful natural feel throughout the apartment. Spacious kitchen is perfect for entertaining. New glass balconies will be installed throughout [...]
Read full article - Miami Beach Open House Sat 1-3pm!Fri, Apr 12 2013
Open house this Saturday, April 13th from 1pm to 3pm at Mar de Plata Condo in Miami Beach. Beautiful ocean & city views with a wrap around balcony! Light 24 x 24 porcelain floors & floor to ceiling windows provide an impressive amount of natural light throughout this beach front apartment. The unit features 2 bedrooms and [...]
Read full article - What You Need to Know Before Buying Miami CondosWed, Apr 10 2013
If you’re looking to buy Miami luxury real estate, and more specifically a new high-end condo, here’s what you should know before buying: Signing The Condo Association’s Contract: • The Fine Details – Before signing a condo contract, be sure to read the document in its entirety to avoid surprises in the future. A real estate attorney can [...]
Read full article - Setai Miami Beach Sale Secures Highest Price for Non-Penthouse Unit to DateFri, Apr 5 2013
EWM Realty International recently handled the sale of a condominium in The Setai Miami Beach for $7.8 million—the highest price paid for a non-penthouse unit in the building so far. In January, a penthouse unit in The Setai sold for $27 million. This particular unit is a three bedroom, 3.5 bathroom, 2,258-square-foot condo directly on the water. The [...]
Read full article - Buying Process for Luxury Miami HomeownersWed, Apr 3 2013
If you’re a potential luxury home buyer in Miami, the process will require more due diligence than buying a lower priced property. Most luxury homes or condos in the area require as much as 30% down and as a result, potential buyers should ensure that this prerequisite is available when approaching lenders or bankers for hefty [...]
Read full article - Sunrise – February Inventory Still LowThu, Mar 14 2013
The February increased in inventory to 3.4 months was primarily the result of fewer homes sold during that month. More details on my Newsletter at: https://ewm.box.com/s/j8cwx8i3iswdkv2hs4qw
Read full article - Sunrise – Low Inventory and High Absorption RateThu, Mar 7 2013
Low Inventory: The months of inventory increased to a rate of 2.0 months in January 2013… High Absorption Rate: …51.1% of the total for sale single family homes were sold in the month of January… Read the full articles on my Sunrise Newsletter at: https://ewm.box.com/s/j8cwx8i3iswdkv2hs4qw
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