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!

Monday, June 10, 2013
Tags:   Miami Beach Homes

Miami has a plethora of mansions, unfortunately, there are not that many for sale. The market is very limited and is at a 3 month supply for luxury homes. We would like to take this opportunity to show a home that is waterfront, renovated, and in an excellent location. 1001 North Shore Drive in Normandy Islands has everything you could desire in a very convenient location with incredible views. Normandy Island is one of the man made islands in the Miami chains. It is just a canal away from Miami Beach, and South Beach is only a 10 minute drive. The Miami International Airport is a 20 minute drive and it has an incredible golf course within walking distance. Normandy Golf Club is public and was recently renovated, and is a favorite amongst golfers. The views from the waterfront homes in the community are incredible and feature downtown Miami and the Biscayne Bay.

1001 North Shore Drive is an unbelievable home that is in the traditional Florida Cracker style. It is two stories and has 5 beds and 5 baths within 4,675 square feet. The lot is spacious at 16,318 square feet, and it has incredible views of the Biscayne Bay and Downtown Miami. This home was completely redone in 2012 and it is on a corner lot in the gated community surrounding the Normandy Golf Course. The open floor plan showcases incredible views from nearly every room in the home. The master suite features a 400 square foot balcony. Flooring is all hard wood and marble, and the kitchen is chef ready with the latest in appliances and accoutrements. The pool is nearly Olympic size and the yard is lush. This home is listed for $3.25 million. For

Comments: 0

Thursday, June 06, 2013
Tags:   Miami Beach Homes

The first named storm of the season passed to the west of Miami this week, as last weekend was the official start of Hurricane Season. It is predicted to be an active hurricane season and whether you are issuing commands from another location, or you are a year round resident, there are certain precautions that you should take for hurricane season. These items may be bought and stored at any time, and implemented as you see fit. Best to beat the crowds when purchasing these items and the cost plus centers often have large supplies even if you buy months in advance. Stay safe this hurricane season!

Food Items

Bottled Water: This is the most important item to buy. It will not spoil, and prevents damage if you lose water.

Canned Foods: All items of canned food will keep for years. Soups, vegetables, select seafood meats are preferred.

Home Items

Camp Stove: If you have a gas stove, as most luxury homes do, you will not need to worry about this, however it could come in use camping anyway, if you are sporting sorts.

Batteries: Batteries for radios, alarms, flashlights. You always have use for batteries.

Flashlights: In case the power is out.

Candles: Why not take a moment to enjoy the dark and burn candles.

Preparation:

Openings: Use sandbags if you are in a flood zone, board windows with wood and on the interior use tape to make X’s on the windows.

Debris: Before the season starts, it is an excellent idea to have a landscaping company inspect your yard for dead branches or things that may fall and damage your home if they came loose.

Furniture: Move all outdoor Furniture indoors to prevent it from being damaged and also from being thrown about in the storm.

Comments: 0

Wednesday, June 05, 2013
Tags:   Indian Creek Homes, Miami Beach Homes

Property Values in Miami have increased since last year at approximately 3.1% county wide. For the past two years values have increased and this is wonderful news for homeowners. Those most likely to see their values increase were urban core properties, such as Mid-Town and Brickell and Ocean Front properties, such as the properties we feature on our site. The tax roll grew from $190.69 billion last year to $196.61 billion this year as well. It is not only individuals and foreign entitities investing in Miami Dade county either, increasingly we are witnessing hedge funds investing and developers coming back into play. These figures are subject to change in the coming months, but there are a number of implications that these initial numbers relay.

The areas that increased the most vary widely, but above any other, luxury communities gained the most. Indian Creek, one of the most exclusive enclaves of Miami, values increased a dramatic 19.5% from $431 million last year to $360 million. Bal Harbour increased by 15.4%, and Sunny Isles Beach increased by 10.2%. The areas that felt dips were Florida City, Opa-Locka, and Hialeah. Experts are on the fence about whether the growth is sustainable or how long it will last. Some believe that with building and continued investment the growth will continue over the next three to five years, and others believe increases in mortgage rates and interest rates will slow growth. If you are looking to see your homes assessed value, visit the Miami Dade Property appraisers website and remember to check if you qualify for a homestead exemption.

Comments: 0

Monday, June 03, 2013
Tags:   Star Island Homes, Miami Beach Homes

Star Island is home to some of the most exclusive residences in Miami, South Florida, and Florida more generally. Its’ proximity to South Beach and Downtown Miami, along with the incredible water views of the Biscayne Bay, make it one of the premier neighborhoods. The dining and nightlife and bustling commercial districts are equidistant, making work and play minutes away. The Miami International Airport and the Opalocka Executive Airport are equidistant as well for those commuting, nationally or internationally. Homes on this man-made island are generally in the 10 million dollar range to well over 40 million. They are largely historic homes, however there have been homes that have been remodeled as well.

Our featured home this Monday is truly a Miami Mansion. 31 Star Island sits on a 1.5 acre lot and the main home is over 10,000 square feet of interior space. It has a westerly view for incredible Miami sunsets and nautical enthusiasts will delight in the two boat docks on the property. The home as originally completed in 1926, although it has every modern amenity and remodel feature. In true Mediterranean style, there are porticos, sloping arches, and interior details that are emblematic of the 1920’s in Miami. There is also plenty of room for both staff and guests. It has a coach house, three staff quarters, and the home has 10 beds and 8 baths in the main quarters. Some of the modern amenities include a state of the art gym, movie theatre, gourmet kitchen, and high ceilings with an impressive great room. This home is listed for $24.9 million. If you would like to schedule a showing, please contact us today.

Comments: 0

Friday, May 31, 2013
Tags:   miami beach waterfront, south florida boat show, boats

The South Florida Boat Show started this weekend at the Miami Beach Convention Center and runs through June 2. Presenters will vary widely from boat dealers, tackle dealers, safety innovators, and much more. The event is free and with boat season in high gear it is a wonderful time to see what is new in the world of boating. There are also vendors of boat lifts if you have waterfront property and were thinking of adding a boat lift. Hurricane Season also officially starts this weekend, so if you are a boat owner and looking for precautionary shoring gear, this event is for you!

The show runs from 12pm-8pm daily until June 2.

1901 Convention Center Drive, Miami Beach FL 33139

Comments: 0

Thursday, May 30, 2013
Tags:   Miami Beach Homes, Sunset Island Homes

The Setai just broke yet another record this week. Andrew Rosen, co-owner of the clothing line Theory bought a 2521 square foot condo for $8.6 million in The Setai. It is a three bedroom three bath condo and the price per square foot also breaks a record for non-penthouse sale at $3,411 per square foot. This condo was most recently sold in May 2012 for $6.75 million to the Le Frak organization. According to The Real Deal this is a 74% over the median price per square foot paid for in the building on average. This is incredible news for sellers in the Miami Beach area.

The Setai has long been regarded as one of the premier hotels and residences in Miami. It led the way with the hotel residence model that offers resort style amenities to people who live there. Setai has some of the finest dining in South Florida and the style is zen minimalist. It is located in the heart of Miami Beach between 20th and 21st street on Collins ave and the views and location make it one of the most sought after real estate areas in Miami. Some amenities are floor to ceiling windows in residences, pre-wired condos, black granite flooring, whirlpool tubs, teak kitchen cabinetry, Miele appliances, sub-zero refrigeration, 24 hour security, 3 oceanfront swimming pools, incredible gardens, five star dining, and much more. For more information on  The Setai and to see properties, contact us today.

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Updated: Tuesday, August 22, 2017

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