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!

Thursday, September 6, 2012
7833 Collins Avenue is our featured home this week and we cannot expound on its’ beauties enough! This 5248 square foot home has 4 bedrooms and 4 baths with one half bath and is listed at $2.649 million. The lot size is 6250 square feet and it is a just 200 feet from the ocean. It is completely new construction and is located within a gated community. It is in the neo-classical style and has a formal entrance with a double height foyer. It has a covered terrace with grass floor, ideal for entertaining, and has a large pool in the back. Some of the other stunning features are a summer kitchen, double sided fireplace between the dining and living room, and state of the art kitchen and guest suite. It also has a covered garage and eastern exposure.
The neighborhood this home is located could not be more convenient as well as reminiscent of a small beach community. Some of the nearby fine dining restaurants include Prima Pasta and George’s. The luxury shopping mecca Bal Harbour is a short drive away and South Beach is a 15 minute drive along scenic Collins Avenue. The nearest airports are Fort Lauderdale International Airport and Miami International Airport. This is one of the premier neighborhoods in Miami and inventory in South Florida is very low at the moment. For more information on this home and other luxury properties in Miami contact us today.
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Wednesday, September 5, 2012
The kitchen is the heart of the home. Whether you have a penchant for cooking or have a chef on staff, it is common in the United States for families to congregate in the kitchen. The kitchen is also the most common remodel currently and does add value to your home. Expert designer and kitchen remodeler Mick de Giulio has a few trends and tips for the perfect kitchen. If you are looking for a home with a specific kitchen, call us today!
1.      Opening a Space. If you think your floorplan does not allow for a large kitchen, consider consolidating your space and removing a breakfast nook and formal dining room. De Guilio cited that a number of people have opted for a larger kitchen in place of a formal dining room.
2.      Shelves. Increasingly, open shelving systems are preferred over heavy cabinetry. Once again, this is done with the purpose of access for your guests and family. It is a very sleep option and makes grabbing a cup a breeze.
3.      Style. De Guilio recommends picking a theme for your kitchen. In Miami Beach, the beach theme in whites predominates, however there are some very quaint options such as Scottish cottage.
4.      Needs. Are you a cook? Do you have a staff? By answering these questions, you further define your needs in the kitchen. An open kitchen without a formal dining room does not make sense if you have a chef on staff. So much of a family life revolves around the kitchen and if you enjoy cooking, why not entertain in the kitchen as well.
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Tuesday, September 4, 2012
Core Logic announced this week that in the past 12 months in July, home prices have risen 3.8%. This is what experts are considering another sign of the housing recovery.  This comes on the heels of more good news released by Case-Shiller and the federal housing department and all are reporting increases. Further, the price of homes rose in July from June by 1.3%. This is the third in a line of excellent news for the national housing market. Supply of homes nationwide remains tight since banks are not releasing foreclosures and mortgage rates are at all time lows, which means many people are refinancing.  
In Miami Beach, we are currently at a 3 month supply. In the luxury market especially, we are really seeing increases in prices. The new listings are one indicator. A-Rod listing his home for 38 milllion in the wake of the Indian Creek sale of 48 million is another reason homes are really selling. The market is still 27% below the high point of April 2006, so it is also still a great time to buy and take advantage of the quickly increasing prices. If you are interested in buying or selling a home, contact us today.
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Friday, August 31, 2012
The Brickell area of Miami is one of the true Urban areas in which residents can easily keep their car parked all weekend and live life as a pedestrian. It is located conveniently to Downtown Miami and has easy access to interstate 95 and the Miami International Airport is a mere 15 minutes away. Within walking distance, there is a Publix Supermarket, various shops, bars, and fine dining. Mary Brickell Village offers some excellent attractions such as the popular Blue Martini and an LA Fitness for those who looking to keep in shape. The neighborhood is filled with young professionals, empty nesters, and Europeans, and has some of the most luxurious high rises in Miami.
One of the latest and most exciting developments in Brickell is the My Brickell development. With stunning views of Biscayne Bay and the Miami River, these residences are both visually arresting and expertly appointed. This is a Related Group project will have all you could ask for from a condominiums including zero edge swimming pool, observation deck, fully equipped business center, park in the sky, state of the art fitness facility, clubhouse with media, and much more. This ultra modern building will have 4 floorplans to choose from all with energy efficient impact resistant glass, high speed internet, prewired units, contemporary Italian cabinets, imported stone countertops, stainless steel appliances, and imported designer tile floors. For more information on this building contact us today!
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Wednesday, August 29, 2012
Looking for a bachelor pad with a wild history? Well you are in luck, since Jackie Gleason’s famous south beach party pad is newly listed on the market. 2232 Alton Road has just been listed on the market for $2.399 million. The home is just under 8,000 square feet and it has an excellent view of Miami Beach Golf Club. With 8 bedrooms, seven and one half baths, three kitchens, a quarter for staff, large gym, and has wonderfully eclectic details, reminiscent of the era. Some of the more decadent features include an indoor fountain, terrazzo dance floor, large gym with Jacuzzi, and your very own soda fountain. The home was renovated in 2002 and was awarded the “Certificate of Excellence” by the Miami Design Preservation League.
This luxurious piece of history happens to be located on one of the most convenient streets in Miami. Alton Road runs from South to North in Miami Beach and provides easy access to both bridges of 395 and 195, which go to interstate 95. 2232 is equidistant from both bridges, and is 15 minutes from the Miami International Airport. It is in South Beach and is close to all the dining and shopping attractions such as Lincoln Road and Ocean Drive. It is literally across the street from the Miami Beach Golf Club for those sportsmen, and La Gorce Country Club is also a short drive away. For more information on this property and others, contact us today!
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Tuesday, August 28, 2012
Some very interesting things have been reported in the Real Estate Market this week and we are pleased to share them with you. Firstly, 31.3% of purchases by foreign buyers in Florida have been in Miami Beach. Investors and residential clients alike have spent a total of 10.71 billion this year in residential properties according the Florida Association of Realtors. Of that 82% was made without financing. These cash buyers are aiding in the increase of median home sale prices in Miami Beach and the buyers are also reducing the inventory.
Speaking of inventory, the inventory in Florida, in distressed properties, has risen 11% in July. 92,046 foreclosures were completed in Florida in the last 12 months. While this may initially sound like bad news for sellers, it is not given the lack of total inventory on the market. These distressed properties are highly sought after by foreign investors paying cash. These properties often will begin a bidding war, which essentially has little effect on neighboring homes. If you are looking to sell your Miami Beach home or condo, now is certainly the time. The inventory, even with the statewide completion of foreclosures is still at a 3 month supply, with no shortage of international and domestic buyers. In Miami Beach, there are even fewer distressed properties than around the state. We are pleased to offer you the best and most professional real estate advice.
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