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!

Wednesday, September 21, 2011

The Flamingo is one of the Miami Beach condos located in the South Beach area, just west of Alton Road and not too far south of the Venetian Causeway.  One of the building's most distinctive features aside from its nearness to Biscayne Bay is the strong attention that's placed on nurturing the building's community.  With various classes and events held on a regular basis, the atmosphere in the Flamingo is very neighborly.

Today's Miami Beach condos listing focuses on 1424S, a two bedroom and two bathroom condo with more than 1050 square feet of living area.  The unit has a generously sized balcony that has wonderful views of the Biscayne Bay waterfront as well as the downtown Miami skyline.  If you don't have furniture, the unit also comes fully furnished and includes a 42-inch plasma television.

To learn more about unit 1424S and Flamingo or to explore some of the other Miami Beach condos within the building, please click here.

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Tuesday, September 13, 2011

Of all the Miami Beach condos, Bentley Bay is unquestionably one of the more uniquely designed residential buildings.  This pair of buildings have a westernmost location overlooking the waters of Biscayne Bay and everyone who glances at these buildings usually comments on their unusual “bent” shape that instantly makes them among the most noticeable condos in the area.

For today's Miami Beach condos listing spotlight, we'll be looking at unit 1611 of Bentley Bay.  This condo has two bedrooms and bathrooms and has over 1200 square feet of living area available, all with a location overlooking the waterfront.  The wraparound terrace is surprisingly spacious, allowing you to enjoy vistas of not only the water but also the manmade islands of Miami Beach like Star Island from nearly every direction.  Walk-in closets, marble bathrooms, European kitchens, granite countertops, all of this is yours by choosing unit 1611 at Bentley Bay.

For more information on the Miami Beach condos of Bentley Bay and unit 1611, please click here.  Bentley Bay is located at 540 West Avenue.

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Friday, September 09, 2011

Housing slowdown?  What housing slowdown?  Despite the continued ups and downs of the market, developers are still soldiering on when it comes to erecting new condominium projects.  Although some might see this as a risky move, recent news reports regarding Miami Beach condos like Canyon Ranch and its recent sales apparently have spurred further development in South Florida.

How confident are developers?  Apparently they're gearing up to create over 1,300 new condo units throughout the coastal areas of South Florida.  Some of these include upcoming projects like My Brickell, which will occupy the former home of Brickell Station.  Also in the works is Apogee Beach, a Hollywood project by the Related Group and Bellini at Williams Island which will be 24 stories tall and will have seventy units.  If the name sounds familiar it's because there's currently a Bellini in Bal Harbour.  The developer of Bellini Williams Island is Martin Margulies.

Are developers only making things worse by adding to the glut of excess inventory or are they being smart by seizing opportunities?  What's your take on these condominium announcements?

Comments: 0

Thursday, September 08, 2011

Built in 2004, the Setai is considered among the upper echelon when it comes to Miami Beach condos.  This forty story building is known for its unique interior design as well as its smorgasbord of amenities that encompass just about anything you can think of.  In fact, the building even includes a full fledged recording studio that was spearheaded by musician Lenny Kravitz!

So what about the actual Miami Beach condos in Setai?  While the building has studio and multi-bedroom residences available, we'll focus on the former.  Unit 2603 is a one bedroom and 1.5 bathroom residence with over 760 square feet of living area and a number of features like granite countertops, hardwood flooring and beautiful marble bathrooms with double sinks.  Pets are allowed in The Setai with certain restrictions so feel free to bring them along.  The views from this unit overlook the beach and the waters of the Atlantic Ocean, all for a stellar price.

To learn more about unit 2603, please click here or you can read more about the Setai if you're interested.  For any information on other Miami Beach condos, contact us today.

Comments: 0

Wednesday, September 07, 2011

One of the more unique Miami Beach condos to emerge during the 2000s was Canyon Ranch.  This one of a kind building took the whole condo living approach by not only offering the comfort and style that Miami Beach condos are known for, but also singled itself out by focusing strongly on promoting healthy living.  Now that it's had time to fully establish itself, how is the building doing?

Canyon Ranch appears to be doing well according to latest sales figures.  Since October of last year, over 100 Miami Beach condos within the building have been sold, purchased by a relatively equal number of domestic and foreign buyers.  Considering that the building officially opened its doors in March, the sales activity can be safely considered encouraging.  While prices have likely accommodated to current values, the sales director of Canyon Ranch condo says that these sales have not come as a result of cutting any special deals.

There are one, two and three bedroom Miami Beach condos for sale at Canyon Ranch which have sold from $425,000 to over $2 million on the higher end.  With its healthy living approach and continued interest from international buyers—particularly Brazilians—Canyon Ranch may become a major success story.

Comments: 0

Tuesday, August 30, 2011

Throughout the market's ups and downs, sales have largely been kept afloat by outsiders.  That is, buyers not from the United States.  Indeed, foreign buyers have taken quite an interest in properties like Miami Beach condos, often purchasing in bulk.  But who exactly is doing the most buying during the existing market climate?

Not too surprisingly, the group responsible for buying the most properties are Brazilians.  In addition to the much lower prices for Miami Beach condos and neighboring properties, the Brazilian real (the country's currency) is stronger than it's ever been which has emboldened many to seek real estate not only in Miami and Miami Beach but also further north.  Coming in a close second in foreign buyers is Argentinians.

Recent upticks, such as a lack of foreclosures in high end Miami condos like Jade Brickell have many predicting that prices will finally begin to inch upward.  While that remains to be seen, it's almost certain that foreign buyers have certainly to move excess inventory and spur sales to some degree.

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