Miami Beach Real Estate News

Real Estate News

Every day is a different experience in Miami Beach.  Its ever-changing landscape and the diversity of the Miami Beach real estate market present exciting new ventures, opportunities and events that make it one of the most dynamic cities in all of sunny South Florida.

Our Miami Beach real estate blog is always being updated with the latest real estate news about Miami Beach and its neighboring areas, including local events and exciting new happenings.  As part our ongoing efforts to provide you with the most comprehensive information on Miami Beach and its collection of varied property, we will highlight and acquaint you with a new, acclaimed Miami Beach condo each month.

We encourage you to comment on our latest Miami Beach real estate and South Beach real estate news postings and contribute to the discussion.  The eclectic lifestyle and community always presents new perspectives and we’d love for you to share our postings with friends and family through your preferred social networking websites.  Thank you for reading our Miami Beach blog!

 
Monthly Archives         
 
Most Romantic Home in Miami
Thursday, February 14, 2013
Our pick for the most romantic home in Miami this Valentine’s Day, is far and away 100 Palm Island Avenue. This Mediterranean Masterpiece is epic and has some of the most incredible views in all of Miami. The home itself is just over 12,000 square feet and sits on a 30,000 square foot waterfront lot. With ten bedrooms and eleven and one half baths, 23.4 million is not a high asking price. The home has a deep water dock and a large swimming pool perfect for accommodating a yacht and enjoying the incredible sunset views available of the Biscayne Bay and Downtown Miami. If you are a frequent entertainer, there is a two story guest home and two chef ready kitchens, one indoor, and one out. You will simply fall in love with this home!
If you do not fall in love with 100 Palm Island Avenue, you will no doubt fall in love with the neighborhood! Palm Island is equidistant from Miami Beach and Downtown Miami and Brickell and is located on 395. Within five minutes in each direction you can enjoy the commerce of the big city as well as the shopping and distractions of the beauty of Miami Beach. There is so much to recommend it, you will scarcely find anything wrong with the location of this island. It is guarded 24 hours a day and has its’ own park and recreation area for residents that includes a basketball court, racketball court, tennis courts, and children’s playground. For more information on the homes in Palm Island or other homes worthy of adoration, contact us today!
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Your Valentines Day Dining Guide
Wednesday, February 13, 2013
With the Boat Show, Fashion Week, and the upcoming Food and Wine Festival, Valentine’s Day may have slid under the radar for some. Luckily, area restaurants have incredible prix fixe menus that are sure to make anyone look like a knight in shining armour and ignite flames. WE would like to highlight some of the more creative and inventive menus in Miami for this Valentine’s Day. Bon Apetit!
De Rodriguez Cuba: This restaurant is relatively unknown and it is located on Miami Beach and it has gotten rave reviews from foodies and commoners alike for its’ completely out of the box Cuban faire. The prix fixe menu is $70 per person and diners will enjoy, ceviche , oysters, arugula and pear salad, and lamb chops or Chilean Sea Bass Filet.
Villa Azur: The menu at Villa Azur is a la carte, however the Cupid Specials are sure to delight any diner. Some of the specials include a “Flirty Assortment” of appetizers, “Forbidden Fruit” dessert, and special cocktails such as the “Passionate Kiss”. The clever names are no match to the more expert food at this incredible dining establishment.
BLT Steak: BLT Steak which is located at The Betsy Hotel, is one of the little known gems in South Beach. The décor is one part Rock and Roll and one part throw back from Hemingway’s era in the Keys. BLT Steak has a Valentine’s prix fixe menu that will surely amaze in the most understated and cool way. They will be offering crispy pork belly, butter poached lobster with smoked oysters, and chocolate truffle torte for desert. Ooh lala!
 
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Miami International Boat Show!
Thursday, February 7, 2013
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Next week kicks off the annually anticipated Miami International Boat Show. This brings the wealthy to South Florida and yachts are all on display. We feature waterfront homes on this blog often and this show gives you the opportunity to view some homes as well as what to park on the water in front of them. If you are looking to view and home and a yacht in combination, contact us today and we would be happy to show you the finest in luxury waterfront living.
ONE TICKET GOOD FOR ALL SITES and includes free access to shuttle buses and water taxi. Surrender your ticket at the first location and a wristband provided at each exit will give you access to the next location.
MIAMI BEACH CONVENTION CENTER
1901 Convention Center Drive
Miami Beach, FL 33139
* See show hours below
THE NEW YACHT & POWER BOAT SHOW AT SEA ISLE MARINA (no ticket required for this location)
1635 N. Bayshore Drive
Miami, FL 33132
OPEN FROM 9 AM - 6 PM DAILY
STRICTLY SAIL MIAMI AT MIAMARINA AT BAYSIDE
400 Biscayne Blvd
Miami, FL 33132
OPEN FROM 10 AM - 6 PM DAILY
SHUTTLE BUS SERVICE
Courtesy shuttle buses will run between all three locations of the show from one hour prior to show opening through one hour after show close daily.

WATER TAXI SERVICE
Courtesy water taxi service is available between the New Yacht & Power Boat Show at Sea Isle Marina and Strictly Sail Miami at Miamarina at Bayside from 10 am–6 pm daily.
*Show Hours
Premier Day
Thursday, February 14th - 10 am - 6 pm
Friday, February 15th - 10 am - 8 pm
Saturday, February 16th - 10 am - 8 pm
Sunday, February 17th - 10 am - 8 pm
Monday, February 18th - 10 am - 6 pm
The New Yacht and Powerboat Show at Sea Isle Marina is open from 9 am - 6 pm daily and Strictly Sail Miami at Miamarina at Bayside isopen from 10 am–6 pm daily.
Admission
Premier Day (February 14th) — $35
5-Day Pass (Good all 5 days of the show)
Thursday, February 14th – Monday, February 18th — $85

Friday–Monday (February 15th–18th)
Adults — $20 (16 and older)
2 Day Pass — $35
Children 15 and under are FREE (must be accompanied by an adult)
Combo Boat Show & Coconut Grove Arts Festival Ticket - $24 ($6 Savings)
*Combo ticket is good for the boat show Monday, February 18th only. It is good at the Coconut Grove Arts Festival on Saturday, February 16th - Monday, February 18th.
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34 La Gorce Circle New on the Market
Wednesday, February 6, 2013
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34 La Gorce Circle has been listed on the market for $18.5 million. This home is just under 5,000 square feet on a 23,000 square foot waterfront lot. Recommending it are 6 bedrooms and 6.5 baths with incredible views of the Biscayne Bay and Downtown Miami. It’s sunset vistas are truly incredible and the quiet neighborhood of La Gorce Island makes you feel as if you are millions of miles away from what really is just a short drive to the city. The interior and exterior amenities abound. Inside, you have an incredible remodeled Italian chef ready kitchen, marble and wood floors, large florida room, and extra butlers pantry. The exterior of the home features a summer kitchen, boat dock, large back yard, palm and fruit trees, and a three car garage. This home is not likely to remain on the market long.
La Gorce Island is one of the man made barrier islands that comprise Miami Beach. It is the last at the tip of North Bay Road and it is named in conjunction with the area containing La Gorce Country Club. This is one of the premier areas to live in Miami. You will be astonished at how quaint and quiet the neighborhood considering how incredibly close it is to Bal Harbour and Miami Beach. La Gorce Country Club is steps away with an award winning golf course and casual and formal dining, as well as, Miami Beach Golf Club, which is a public facility. The Miami International Airport is a 20 minute drive. This is one of the few homes available in this area and for more information, do not hesitate to contact us today.
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$30 Million Home Just Listed in Tahiti Beach
Monday, February 4, 2013
Tags:   Market, Vero Beach Real Estate, 2012, Home Sellers, Sales Price, Property, home buyers
4 Tahiti Beach Island was listed this week for $30 million. This incredible home is over 21,000 square feet on a waterfront lot over 65,000 square feet. The home boasts 10 bedrooms, 12 bathrooms, and is three stories with a 4 car garage. Some of the interior features are a theatre, formal dining room, chef ready kitchen, infinity edge pool, full bar, elevator, and marble and wood floors. The views of the ocean are incredible and it is a secluded island property that feels like there are no neighbors.
Tahiti Beach is a development within the incredible neighborhood of Cocoplum. Cocoplum is within the city limits of Coral Gables, which is known widely for its incredible dining and tree lined streets. Celebrities and socialites alike own homes here and the Cocoplum neighborhood is gated and even within the Cocoplum gates, the Tahiti Beach homes are gated inside as well. The Schools surrounding the neighborhood are some of the best in South Florida and University of Miami is also close by. In just 15 minutes via US 1, bustling Miami and South Beach are at your door. Miami has witnessed a veritable boom in terms of development and culture in the past five years that is undeniable. There are only 4 homes currently on the market in Tahiti beach, if you would like information on these homes and this neighborhood, contact us today.
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Foreclosure Rates Fall in Metro Miami
Thursday, January 31, 2013
Tags:   Home Sellers, Property, Sales Price, home buyers, Market, Vero Beach Real Estate, 2012
Core Logic announced that the foreclosure rate has fallen in Miami to 14.59%, which is 3.13% percentage points down from a year earlier. The number of delinquent mortgage loans in the Miami area fell 3.87%. The definition of delinquent is more than 90 days and the rate includes foreclosures and mortgages where a lender has already taken title to the property. It has been steadily declining over the past two years and the actual prices foreclosed homes are fetching are at all time highs due to the demand, both foreign and domestic. The delinquency is above national averages and across Florida the rate us 10.41% and 2.97 % nationwide.
The market in Miami is experiencing incredible gains currently, and sellers are fetching top dollar for homes. Inventory in Miami Beach in both condos and homes is below what economists consider a healthy level. Buyers looking for a bargain are coming up empty handed in Miami Beach. With 100 new buildings planned there will be an influx in inventory but not until 2014. Last year the highest priced home was sold and this year the highest priced condo was sold. We Expect big things from the market in 2013, and the foreclosure rate to continue to slow.
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