Homes In Miami Beach For Sale » South Beach real estate http://homesinmiamibeachforsale.com Just another Virtual Results Sites site Tue, 15 May 2012 21:29:44 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Miami is THE Turnaround Real Estate Market Nationwide http://homesinmiamibeachforsale.com/miami-is-the-turnaround-real-estate-market/ http://homesinmiamibeachforsale.com/miami-is-the-turnaround-real-estate-market/#comments Sat, 19 Nov 2011 00:54:06 +0000 allan http://www.homesinmiamibeachforsale.com/?p=1752 Miami is THE Turnaround Real Estate Market Nationwide

Nationally, across the entire United States, the inventories of homes listed for sale on Realtor.com were down nearly 21 percent in October from a year ago, with 135 of 146 markets tracked posting double-digit annual percentage declines. Declining listing inventories, combined with generally rising prices, can be seen as a positive sign that the overall…Read More »

]]> Miami is THE Turnaround Real Estate Market Nationwide

Miami Beach Real Estate

The Island Homes of Miami Beach

Nationally, across the entire United States, the inventories of homes listed for sale on Realtor.com were down nearly 21 percent in October from a year ago, with 135 of 146 markets tracked posting double-digit annual percentage declines.

Declining listing inventories, combined with generally rising prices, can be seen as a positive sign that the overall housing market is turning around in Greater Miami, and most especially in Miami Beach.   Affluent Foreign Buyers are attracted to Miami Beach’s luxury homes in the island communities of Palm, Star, Hibiscus, La Gorce, Sunset Islands I – IV, and the Venetian Islands chain.  This has caused an unprecedented rise in sales of luxury waterfront homes over the past year, with an incredible sales volume increase of  Miami Beach Homes sold in 2011.  For more information on year over year sales comparisons, please see the Miami Beach Home sales analysis on our sister site- TheKleerTeam.com

Miami Beach Luxury Homes – 60 Day Sales:

Sales Date Miami Beach Home Living Area Sales Price SP$/SqFt
11/3/2011 1620 W 21 ST            6,300  $       5,175,000  $           821
11/2/2011 285 N SHORE DR            2,302  $           980,000  $           426
11/2/2011 4501 NAUTILUS DR            4,118  $       1,290,000  $           313
11/2/2011 6905 VALENCIA DR            4,500  $       4,100,000  $           911
11/1/2011 1420 W 22 ST            4,172  $       2,000,000  $           479
10/10/2011 5785 PINETREE DR          10,000  $       1,900,000  $           190
10/10/2011 5328 N BAY RD            6,300  $       5,435,000  $           863
10/5/2011 4580 N BAY RD          13,186  $     15,000,000  $        1,138
9/30/2011 7841 COLLINS AV            5,547  $       2,510,000  $           452
9/29/2011 6400 PINETREE DR CR            4,860  $       2,100,000  $           432
9/26/2011 2068 N BAY RD            5,236  $       4,000,000  $           764

Analyzing a combination of factors, including unemployment rates and annual changes in median list price, median age of inventory, total listings, and Realtor.com search rank,  Realtor.com compiled a top 10 list of  “Turnaround Real Estate Markets.”

Why Miami is The Top Real Estate Market :


Market		 Median
list
price,
annual
change		 Median age
of inven-
tory,
annual change 		Total
listings,
annual change		 Unem-
ploy-
ment
rate
(Aug-
ust)		 Real-
tor.com
search
Rank
1. Miami, Fla. 25.06% -22.41% -49.23% 11.2 19

Eleven of the 20 markets in the entire United States that have seen the greatest annual decline in active listings were in Florida, including Miami, Orlando, and Fort Myers, where inventories were down 40 percent or more from a year ago.

Realtor.com inventory declines- The Miami Specific Stats:

Market

Total listings, October

Change from year ago

Change from September
1. Miami, Fla.

13,457

-49.23%

-1.24%
]]> http://homesinmiamibeachforsale.com/miami-is-the-turnaround-real-estate-market/feed/ 0 View of Star Island Homes & Estates http://homesinmiamibeachforsale.com/star-island-homes-and-residences/ http://homesinmiamibeachforsale.com/star-island-homes-and-residences/#comments Fri, 04 Nov 2011 20:13:12 +0000 allan http://www.homesinmiamibeachforsale.com/?p=1732 View of Star Island Homes & Estates

The past few months have seen incredible sales activity for ultra-luxury waterfront homes and estates located on the various island communities of Miami Beach- such as Palm, Hibiscus, and Star Island.

]]> View of Star Island Homes & Estates

The change in weather in Miami Beach reminds us that high Winter season is just around the corner.  The past few months have seen incredible sales activity for ultra-luxury waterfront homes and estates located on the various island communities of Miami Beach- such as Palm, Hibiscus, and Star Island.  At the very bottom of this post, are the past ninety days of closed sales of Miami Beach single family homes priced above $2 Million.

Star Island Homes and Estates

Star Island as seen from Miami Beach on November 4, 2011

This incredible sales momentum reflects an almost 200% sales volume increase from the same period in 2010.  Many celebrities and notables call Miami Beach their home (or summer / vacation home) due to the incredible & secure lifestyle, weather, and the many amenities that Miami Beach has to offer residents, visitors, and guests.  To find out more about the many varied Miami Beach upcoming events please check out our Miami Beach Events listings by clicking HERE.  In the distance in the above picture of Star Island taken on the this incredible late Fall day, one can see the 40 Star Island Drive Estate, which is currently available for sale:

Miami Beach Star Island Home for Sale

40 Star Island Drive Estate

Key Sales Facts of this Miami Beach Estate Home Sale:

40 Star Island Drive on Miami Beach’s Star Island with an asking price of $29,500,000

Previous Sale Price (1/2004) : $15,000,000
House Square Feet: 9,854
Seven Bedrooms / Six Bathrooms
Land S.F.: 87,991 S.F.
330 Linear Feet of Waterfront!

Majestic main residence & 2 guest houses w/ 9,854 SF repose on lot spanning over 2 acres of guard-gated Star Island; home to stars and business moguls. Its opulent old world charm are abundant w/ sublime architectural details in every room. Endowed with Fine wood, marble, stone floors, fireplace, vaulted ceilings & french doors. Picturesque landscape bestowed w/ unheard of 330′ of waterfront, dock, gazebo/entertainment area, resort-style pool & fountains. Truly magnificent for the most demanding client.

The latest sales statistics for Miami Beach Luxury Homes Sold (Past 90 Days):

Sale Date Miami Beach Home  Living Area  Sales Price  SP$/SqFt
11/3/2011 1620 W 21 ST 6,300 $5,175,000 $821
11/1/2011 1420 W 22 ST 4,172 $2,000,000 $479
10/10/2011 5328 N BAY RD 6,300 $5,435,000 $863
10/5/2011 4580 N BAY RD 13,186 $15,000,000 $1,138
9/30/2011 7841 COLLINS AV 5,547 $2,510,000 $452
9/29/2011 6400 PINETREE DR CR 4,860 $2,100,000 $432
9/27/2011 94 LA GORCE CR 15,101 $11,600,000 $768
9/26/2011 2068 N BAY RD 5,236 $4,000,000 $764
9/16/2011 68 LA GORCE CR 6,190 $6,500,000 $1,050
9/9/2011 1730 W 23 ST 5,962 $5,600,000 $939
8/23/2011 1800 BAY DR 5,149 $2,600,000 $505
8/18/2011 5360 LA GORCE DR 8,339 $4,200,000 $504
8/9/2011 400 E SAN MARINO DR 5,500 $2,500,000 $455
]]> http://homesinmiamibeachforsale.com/star-island-homes-and-residences/feed/ 0 What’s Selling in Miami Beach http://homesinmiamibeachforsale.com/miami-beach-real-estate-sales/ http://homesinmiamibeachforsale.com/miami-beach-real-estate-sales/#comments Tue, 27 Sep 2011 21:21:55 +0000 allan http://www.homesinmiamibeachforsale.com/?p=1708 What’s Selling in Miami Beach

Miami Beach's Housing & overall Real Estate market has followed the recent trend of other luxury markets- attracting wealthy International Buyers looking to take advantage of the lower price points.

]]> What’s Selling in Miami Beach

Miami Beach Real Estate

Miami Beach Real Estate

Miami Beach’s Housing & overall Real Estate market has followed the recent trend of other luxury markets- attracting wealthy International Buyers looking to take advantage of the lower price points.  A recent USA Today article on the overall housing market summed it up, if you’re rich the housing market is terrific!   What I am seeing in Miami Beach’s Real Estate market is that supply of waterfront homes and condos has dropped dramatically in the past year.  Specifically, waterfront homes in the ultra-luxury communities such as The Venetian, Palm, Star, La Gorce, and Sunset Islands have been selling at a near-record pace.

With the increase in sales activity in Miami Beach’s housing market, the average listing price discount – the percentage difference between list price at time of contract and the contract price- was 9.4% for the first six months of 2011, down from 11.4% in the second half of 2010.  For the second quarter of 2011, the number single family homes sold in Miami Beach increased by almost 7% from the same period last year.

The Five Newest Ultra-Luxury Homes for Sale in Miami Beach:

Showing properties 1 - 5 of 70. See more city of Miami Beach real estate.
(all data current as of 5/21/2012)

  1. 7 beds, 7 full, 1 part baths
    Home size: 8,411 sq ft
    Lot size: 21,100 sqft
    Year built: 1991
    Parking spots: 3
    Days on market: 7
  2. 7 beds, 8 full, 1 part baths
    Home size: 8,881 sq ft
    Lot size: 30,330 sqft
    Year built: 2004
    Parking spots: 4
    Days on market: 14
  3. 9 beds, 7 full, 2 part baths
    Home size: 8,296 sq ft
    Lot size: 42,600 sqft
    Year built: 1927
    Parking spots: 3
    Days on market: 17
  4. 6 beds, 7 full, 1 part baths
    Home size: 7,418 sq ft
    Lot size: 15,750 sqft
    Year built: 2010
    Parking spots: 3
    Days on market: 19
  5. 6 beds, 6 full, 1 part baths
    Home size: 6,800 sq ft
    Lot size: 12,083 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 28

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

The latest sales statistics for Miami Beach Homes Sold in the past Ninety Days:

Sale Date Miami Beach Address  List Price   Living Area   Sales Price
9/26/2011 2068 N BAY RD $4,750,000 5,236 $4,000,000
9/16/2011 68 LA GORCE CR $8,200,000 6,190 $6,500,000
9/12/2011 1049 W 47 ST $799,000 2,413 $720,000
9/9/2011 101 W DILIDO DR $1,700,000 3,344 $1,480,000
9/9/2011 1730 W 23 ST $6,495,000 5,962 $5,600,000
9/7/2011 4550 N MICHIGAN AV $798,678 2,578 $650,000
9/7/2011 5100 LAKEVIEW DR $859,900 2,047 $835,000
9/2/2011 306 S HIBISCUS DR $1,973,000 2,677 $1,900,005
9/2/2011 1375 STILLWATER DR $650,000 2,711 $780,000
9/2/2011 4565 ADAMS AVENUE # *** $749,000 2,553 $700,000
9/1/2011 2430 PRAIRIE AV $799,000 3,848 $705,000
8/31/2011 1580 CLEVELAND RD $799,000 3,319 $710,000
8/26/2011 2084 PRAIRIE AV $740,000 3,744 $740,000
8/26/2011 855 STILLWATER DR $1,195,000 1,950 $1,150,000
8/25/2011 3606 FLAMINGO DR $1,690,000 4,117 $1,440,000
8/23/2011 1800 BAY DR $2,990,000 5,149 $2,600,000
8/23/2011 4500 PRAIRIE AV $1,890,000 4,964 $1,600,000
8/18/2011 5360 LA GORCE DR $4,750,000 8,339 $4,200,000
8/15/2011 1800 W 27 ST $1,700,000 2,528 $1,200,000
8/15/2011 230 N HIBISCUS DR $899,000 1,608 $820,000
8/9/2011 1495 DAYTONIA RD $795,000 3,325 $587,500
8/9/2011 837 ESPANOLA WY $895,000 $750,000
8/9/2011 400 E SAN MARINO DR $2,995,000 5,500 $2,500,000
8/8/2011 455 E DILIDO DR $2,250,000 3,275 $1,850,000
8/5/2011 3166 N BAY RD $1,595,000 2,873 $1,550,000
8/2/2011 280 S COCONUT LN $1,750,000 2,122 $1,730,000
8/2/2011 2956 FLAMINGO DR $1,850,000 4,876 $1,687,500
7/31/2011 4585 NAUTILUS DRIVE $700,000 1,827 $650,000
7/28/2011 520 W 49 ST $765,000 2,068 $645,050
7/27/2011 94 PALM AV $16,000,000 14,083 $14,200,000
7/26/2011 6655 SHEFFIELD LN $2,399,000 3,448 $2,231,000
7/22/2011 1745 W 24 ST $2,700,000 3,943 $2,400,000
7/22/2011 6156 PINETREE DR $999,000 2,677 $905,000
7/22/2011 1865 DAYTONIA RD $695,000 2,226 $695,000
7/21/2011 930 STILLWATER DR $990,000 2,207 $800,000
7/19/2011 120 W RIVO ALTO DR $2,450,000 2,917 $1,925,000
7/19/2011 1736 W 28 ST $25,000,000 11,388 $19,800,000
7/18/2011 5941 PINETREE DR $3,499,000 4,654 $3,062,500
7/15/2011 25 LA GORCE CR $2,599,000 4,431 $2,290,000
7/14/2011 5711 PINETREE DR $2,600,000 3,304 $2,440,000
7/13/2011 4450 NAUTILUS DR $895,000 2,303 $865,000
7/13/2011 5700 ALTON RD $749,000 2,346 $670,000
7/12/2011 5101 LAKEVIEW DR $1,099,000 2,749 $1,050,000
7/12/2011 3157 ROYAL PALM AV $875,000 2,511 $800,000
7/9/2011 709 E DILIDO DR $1,995,000 2,669 $1,900,000
7/5/2011 7713 NOREMAC AV $499,900 2,598 $505,000
7/1/2011 227 E DILIDO $3,999,000 7,350 $3,277,119
7/1/2011 435 W 51 ST $1,175,000 3,000 $1,055,000
6/21/2011 5745 N BAY RD $859,000 2,862 $750,000
6/16/2011 5237 LA GORCE DR $819,000 2,519 $790,000
]]> http://homesinmiamibeachforsale.com/miami-beach-real-estate-sales/feed/ 1 Latest San Marino Island Waterfront Home Sale in Miami Beach http://homesinmiamibeachforsale.com/san-marino-island-waterfront-home-sold-in-miami-beach/ http://homesinmiamibeachforsale.com/san-marino-island-waterfront-home-sold-in-miami-beach/#comments Sat, 13 Aug 2011 18:58:30 +0000 allan http://www.homesinmiamibeachforsale.com/?p=1671 Latest San Marino Island Waterfront Home Sale in Miami Beach

This incredible Miami Beach home is located off of the Venetian Causeway - which connects the City of Miami to Miami Beach.

]]> Latest San Marino Island Waterfront Home Sale in Miami Beach

Located near the tip of San Marino Island, the Buyer came from a non-MLS representative and just closed for $2,500,000 on August 8th, 2011.  This contemporary & brand new luxurious Miami Beach home features  a roof-top terrace (1,900 sq. ft.) and  an infinity edged swimming pool (15 x 30) with 360 degree panoramic views of Biscayne Bay.  This incredible Miami Beach home is located off of the Venetian Causeway – which connects the City of Miami to Miami Beach.  A very contemporary Miami Beach home with a separate poolside area including electrical outlets for bar, barbeque and jacuzzi.  Also featuring smart-touch color panels for lighting systems, Master bedroom spa, sauna, bidets and many other ultra-luxury amenities for the most discriminating Miami Beach homeowner.

Miami Beach Home- 400 E. San Marino Drive

Miami Beach Home- 400 E. San Marino Drive

Miami_Beach_Home_Kitchen

400 E. San Marino Drive- Kitchen

400 E. San Marino Drive on Miami Beach’s San Marino Island
Closed Sale Price (8/2011) : $2,500,000
House Square Feet: 5,500
Five Bedrooms / Six Baths
Land S.F.: 7,406 S.F.
50 Linear Feet of Waterfront

]]> http://homesinmiamibeachforsale.com/san-marino-island-waterfront-home-sold-in-miami-beach/feed/ 0 Miami Beach Sunset Islands Latest Waterfront Home Sale http://homesinmiamibeachforsale.com/miami-beach-sunset-islands-latest-waterfront-home-sale/ http://homesinmiamibeachforsale.com/miami-beach-sunset-islands-latest-waterfront-home-sale/#comments Sun, 12 Jun 2011 01:40:06 +0000 allan http://www.homesinmiamibeachforsale.com/?p=1606 Miami Beach Sunset Islands Latest Waterfront Home Sale

This incredible Miami Beach home was never occupied and was a recently completed total renovation, turn-key in every respect. Closed on June 8, 2011 for a premium sales price of $4,250,000

]]> Miami Beach Sunset Islands Latest Waterfront Home Sale

This latest sale on Miami Beach’s Sunset Island #3 was completely and tastefully renovated by renowned local architect Wallace Tutt and features a lighted tennis court, separate guest house, and pool pavilion. This magnificent Miami Beach property features a new dock and seawall, & split bedroom floorplan plan with separate apartments. Ultra-luxury top quality finishes and lavish touches are throughout. All newly installed appliances, electrical and plumbing systems, doors and windows, impact glass and much, much more.   This incredible Miami Beach home was never occupied and was a recently completed total renovation, turn-key in every respect.  This Single Family Sunset Island home closed on June 8, 2011 for a premium sales price of $4,250,000

Note that today’s discriminating Miami BeachHomeBuyers continue to pay a premium price for luxury waterfront turnkey homes in one of Miami Beach’s waterfront communities.

Miami Beach Sunset Island Home

1601 W 24 ST, Miami Beach, FL 33139

Other Comparable Miami Beach Homes on the Market for Sale:

Showing properties 1 - 3 of 3. See more 33140 zip code real estate.
(all data current as of 5/21/2012)

  1. 4 beds, 4 full baths
    Home size: 4,480 sq ft
    Lot size: 13,125 sqft
  2. 4 beds, 4 full, 1 part baths
    Home size: 3,505 sq ft
    Lot size: 9,150 sqft
  3. 5 beds, 5 full baths
    Home size: 4,387 sq ft
    Lot size: 20,000 sqft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

]]> http://homesinmiamibeachforsale.com/miami-beach-sunset-islands-latest-waterfront-home-sale/feed/ 0 The Latest Miami Beach Waterfront Home Sales Statistics http://homesinmiamibeachforsale.com/latest-miami-beach-waterfront-homes-sales-statistics/ http://homesinmiamibeachforsale.com/latest-miami-beach-waterfront-homes-sales-statistics/#comments Sun, 05 Jun 2011 03:32:03 +0000 allan http://www.homesinmiamibeachforsale.com/?p=1595 The Latest Miami Beach Waterfront Home Sales Statistics

Miami Beach Waterfront Homes continue to sell- especially turnkey waterfront homes located in the luxury island communities of Miami Beach.

]]> The Latest Miami Beach Waterfront Home Sales Statistics

Miami Beach Waterfront Homes continue to sell- especially turnkey waterfront homes located in the luxury island communities of Miami Beach.  Below are the latest sales statistics for Miami Beach waterfront homes located mostly on the premier communities of Star Island, Palm and Hibiscus Islands, as well as waterfront homes along The Venetian Islands Causeway.

The past six months of closed sales of Miami Beach Waterfront Homes for zip codes 33139, 33140, and 33141:

Closing Date MIAMI BEACH ADDRESS Property Type List Price Living Area Sales Price
5/19/2011 13 STAR ISLAND DR Miami Beach Home $     32,000,000 15,008 $     25,500,000
5/5/2011 27 STAR ISLAND DR Miami Beach Home $     12,950,000 15,000 $     10,750,000
12/23/2010 5310 N BAY RD Miami Beach Home $     10,600,000 9,000 $       9,100,000
5/4/2011 40 S HIBISCUS DR Miami Beach Home $       9,900,000 8,000 $       9,350,000
5/31/2011 45 STAR ISLAND DR Miami Beach Home $       9,875,000 10,598 $       7,107,500
3/21/2011 4855 PINETREE DR Miami Beach Home $       6,900,000 10,383 $       6,536,289
3/4/2011 1429 N VENETIAN WY Miami Beach Home $       6,500,000 13,569 $       5,500,000
5/2/2011 5380 N BAY RD Miami Beach Home $       5,900,000 6,432 $       5,740,000
4/27/2011 5150 N BAY RD Miami Beach Home $       5,490,000 6,360 $       4,568,520
2/2/2011 2128 N BAY RD Miami Beach Home $       4,950,000 5,682 $       4,400,000
4/4/2011 5465 PINETREE DR Miami Beach Home $       4,950,000 7,764 $       4,750,000
2/11/2011 5240 N BAY RD Miami Beach Home $       4,900,000 4,915 $       3,862,000
3/8/2011 2142 N BAY RD Miami Beach Home $       4,850,000 5,141 $       4,000,000
5/13/2011 1337 N VENETIAN WY Miami Beach Home $       4,500,000 5,859 $       4,100,000
5/11/2011 204 W DILIDO DR Miami Beach Home $       3,600,000 3,447 $       3,025,000
4/7/2011 309 E SAN MARINO DR Miami Beach Home $       3,390,000 3,370 $       3,162,000
2/16/2011 441 E RIVO ALTO DR Miami Beach Home $       3,349,000 2,871 $       2,650,000
4/6/2011 620 W DILIDO DR Miami Beach Home $       2,950,000 3,499 $       2,650,000
5/19/2011 6475 ALLISON RD Miami Beach Home $       2,850,000 4,992 $       2,450,000
3/16/2011 1233 N VENETIAN WY Miami Beach Home $       2,790,000 3,864 $       2,350,000
2/28/2011 420 W RIVO ALTO DR Miami Beach Home $       2,500,000 3,701 $       2,300,000
4/8/2011 426 W SAN MARINO DR Miami Beach Home $       2,500,000 2,878 $       2,275,000
2/14/2011 2687 FLAMINGO DR Miami Beach Home $       2,495,000 4,665 $       2,350,000
4/29/2011 2525 FLAMINGO DR Miami Beach Home $       2,495,000 3,476 $       2,210,000
5/4/2011 380 S HIBISCUS DR Miami Beach Home $       2,350,000 - $       2,400,000
4/18/2011 430 W SAN MARINO DR Miami Beach Home $       2,300,000 3,434 $       1,900,000
12/28/2010 226 W RIVO ALTO DR Miami Beach Home $       1,990,000 3,250 $       1,800,000
1/17/2011 1155 N SHORE DR Miami Beach Home $       1,990,000 2,791 $       1,560,000
3/27/2011 441 E DILIDO DR Miami Beach Home $       1,795,000 2,931 $       1,500,000
3/21/2011 9 FARREY LN Miami Beach Home $       1,699,000 1,575 $       1,595,000
5/11/2011 1200 BAY DR Miami Beach Home $       1,699,000 3,763 $       1,500,000
6/2/2011 1070 S SHORE DR Miami Beach Home $       1,695,000 4,025 $       1,665,000
12/23/2010 5223 PINETREE DR Miami Beach Home $       1,600,000 4,990 $       1,600,000
12/29/2010 1707 CLEVELAND RD Miami Beach Home $       1,600,000 2,876 $       1,300,000
5/3/2011 595 N SHORE DR Miami Beach Home $       1,500,000 3,007 $       1,400,000
5/13/2011 4335 N MERIDIAN AV Miami Beach Home $       1,499,000 3,175 $       1,335,000
1/16/2011 3458 CHASE AV Miami Beach Home $       1,495,000 4,296 $       1,300,000
2/28/2011 1201 N VENETIAN WY Miami Beach Home $       1,300,000 13,382 $       1,100,000
3/16/2011 1340 STILLWATER DR Miami Beach Home $       1,295,000 2,161 $       1,230,000
3/21/2011 4315 MERIDIAN AV Miami Beach Home $       1,249,000 4,031 $          900,000
1/24/2011 1561 STILLWATER DR Miami Beach Home $       1,195,000 2,310 $       1,050,000
1/12/2011 1300 STILLWATER DR Miami Beach Home $       1,175,625 4,740 $       1,150,000
5/25/2011 1100 STILLWATER DR Miami Beach Home $          999,999 1,756 $          865,000
2/16/2011 1215 N BISCAYNE POINT RD Miami Beach Home $          999,900 3,664 $       1,000,400
6/2/2011 1350 STILLWATER DR Miami Beach Home $          947,000 3,114 $          840,000
5/3/2011 1301 STILLWATER DR Miami Beach Home $          880,000 2,607 $          700,000
4/1/2011 1480 STILLWATER DR Miami Beach Home $          859,888 2,219 $          836,000
4/13/2011 690 S SHORE DR Miami Beach Home $          850,000 2,250 $          770,000
2/11/2011 925 STILLWATER DR Miami Beach Home $          799,000 2,141 $          700,000
2/19/2011 1501 STILLWATER DR Miami Beach Home $          750,000 1,765 $          650,000
1/25/2011 1240 S BISCAYNE POINT RD Miami Beach Home $          700,000 2,467 $          595,000
1/10/2011 1370 STILLWATER DR Miami Beach Home $          650,000 2,405 $          650,000
4/3/2011 1365 DAYTONIA RD Miami Beach Home $          635,400 3,126 $          540,000
3/30/2011 1260 STILLWATER DR Miami Beach Home $          592,900 1,686 $          550,000
2/4/2011 1310 CLEVELAND RD Miami Beach Home $          470,000 1,806 $          427,500
2/22/2011 1805 DAYTONIA RD Miami Beach Home $          425,700 2,688 $          385,000
12/14/2010 1824 CLEVELAND RD Miami Beach Home $          389,070 2,238 $          403,000
]]> http://homesinmiamibeachforsale.com/latest-miami-beach-waterfront-homes-sales-statistics/feed/ 0 Miami Beach’s Most Expensive Waterfront Home http://homesinmiamibeachforsale.com/miami-beach-waterfront-home/ http://homesinmiamibeachforsale.com/miami-beach-waterfront-home/#comments Sat, 28 May 2011 05:22:58 +0000 allan http://www.homesinmiamibeachforsale.com/?p=1583 Miami Beach’s Most Expensive Waterfront Home

This incredible Star Island Luxury Home just sold for an amazing $25,500,000 ($1,700/SF of Living Area). This latest sale is indicative of what’s happening in Miami Beach’s ultra-luxury waterfront real estate market. Most especially for unique “turnkey” waterfront homes, we’re witnessing incredibly strong demand from International buyers. This beautiful Star Island waterfront estate is located…Read More »

]]> Miami Beach’s Most Expensive Waterfront Home

Miami Beach Star Island Home

Miami Beach Star Island Home

This incredible Star Island Luxury Home just sold for an amazing $25,500,000 ($1,700/SF of Living Area). This latest sale is indicative of what’s happening in Miami Beach’s ultra-luxury waterfront real estate market. Most especially for unique “turnkey” waterfront homes, we’re witnessing incredibly strong demand from International buyers. This beautiful Star Island waterfront estate is located next to the homes of such luminaries as Rosie O’Donnell and Gloria Estefan.

Other Ultra-Luxury Miami Beach Waterfront Homes for Sale:

Showing properties 1 - 7 of 7. See more 33139 zip code real estate.
(all data current as of 5/21/2012)

  1. 9 beds, 11 full, 1 part baths
    Home size: 10,000 sq ft
    Lot size: 40,000 sqft
  2. 5 beds, 4 full, 1 part baths
    Home size: 8,161 sq ft
    Lot size: 40,000 sqft
  3. 12 beds, 11 full, 1 part baths
    Home size: 11,104 sq ft
    Lot size: 1.11 ac
  4. 6 beds, 7 full baths
    Home size: 9,255 sq ft
    Lot size: 1.08 ac
  5. 6 beds, 7 full, 1 part baths
    Home size: 7,829 sq ft
    Lot size: 16,702 sqft
  6. 5 beds, 5 full, 2 part baths
    Home size: 5,500 sq ft
    Lot size: 13,463 sqft
  7. 6 beds, 8 full, 1 part baths
    Home size: 7,940 sq ft
    Lot size: 30,000 sqft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

]]> http://homesinmiamibeachforsale.com/miami-beach-waterfront-home/feed/ 0 Miami Beach Home Sales Rebound http://homesinmiamibeachforsale.com/miami-beach-home-sales-rebound/ http://homesinmiamibeachforsale.com/miami-beach-home-sales-rebound/#comments Wed, 09 Mar 2011 16:59:32 +0000 allan http://www.homesinmiamibeachforsale.com/?p=1493 Miami Beach Home Sales Rebound

My advice to today's homeowners and potential sellers is to price your property right- from the beginning of the sales process. Also, it's critical that homeowners work with professional, responsible, and experienced sales agents that understand the Miami Beach real estate market.

]]> Miami Beach Home Sales Rebound

In the past ninety days, Miami Beach Single Family Home sales have seen impressive activity.  Miami Beach’s real estate market is very active, when homes are priced right.  My advice to today’s homeowners and potential sellers is to price your property right- from the beginning of the sales process.  Also, it’s critical that homeowners work with professional, responsible, and experienced sales agents that understand the Miami Beach real estate market.

The vast majority of today’s buyers are high net worth individuals, ALL of whom are looking to get a good deal.  Today’s Miami Beach homebuyers, whether looking to spend $500,000 or $5,000,000 + are well informed well qualified with substantial liquid cash reserves.  This means that homeowners have to target this limited supply of well qualified buyers.

The last ninety days of Miami Beach Home Sales for zip codes 33139, 33140, and 33141:

Closed Date ADDRESS Property Name Living Area Sold Price LP$/SqFt
12/31/2010 2301 N BAY RD Miami Beach Home 4771 1,450,000 345.839
1/11/2011 108 2  DI LIDO TERR Miami Beach Home 1664 795,000 462.139
2/2/2011 2128 N BAY RD Miami Beach Home 5682 4,400,000 871.172
3/4/2011 1429 N VENETIAN WY Miami Beach Home 13569 5,500,000 479.033
1/25/2011 1240 S BISCAYNE POINT RD Miami Beach Home 2467 595,000 283.745
2/8/2011 521 W DILIDO DR Miami Beach Home 2656 705,000 300.828
1/11/2011 106 W 4 CT Miami Beach Home 1805 649,000 359.557
12/29/2010 1707 CLEVELAND RD Miami Beach Home 2876 1,300,000 556.328
12/30/2010 5601 ALTON RD Miami Beach Home 2700 935,000 370
1/17/2011 1155 N SHORE DR Miami Beach Home 2791 1,560,000 713.006
1/14/2011 6675 SHEFFIELD LN Miami Beach Home 3971 2,700,000 752.959
12/13/2010 2806 PRAIRIE AV Miami Beach Home 5049 825,000 197.663
12/20/2010 100 E RIVO ALTO DR Miami Beach Home 3395 725,000 220.913
12/23/2010 5223 PINETREE DR Miami Beach Home 4990 1,600,000 320.641
12/28/2010 226 W RIVO ALTO DR Miami Beach Home 3250 1,800,000 612.308
1/14/2011 4425 N MICHIGAN AV Miami Beach Home 3254 650,000 338.046
2/1/2011 2801 FAIRGREEN DR Miami Beach Home 3203 678,000 374.649
2/14/2011 2687 FLAMINGO DR Miami Beach Home 4665 2,350,000 534.834
2/28/2011 1201 N VENETIAN WY Miami Beach Home 13382 1,100,000 97.145
2/9/2011 115 3RD SAN MARINO TERR # I Miami Beach Home 1797 650,000 695.047
12/31/2010 3131 N BAY RD Miami Beach Home 2517 690,000 353.596
3/2/2011 2444 PRAIRIE AV Miami Beach Home 2523 752,900 316.687
2/16/2011 1215 N BISCAYNE POINT RD Miami Beach Home 3664 1,000,400 272.899
1/10/2011 1370 STILLWATER DR Miami Beach Home 2405 650,000 270.27
1/16/2011 3458 CHASE AV Miami Beach Home 4296 1,300,000 347.998
2/11/2011 925 STILLWATER DR Miami Beach Home 2141 700,000 373.19
12/8/2010 217 PALM AV Miami Beach Home 1893 895,000 488.642
12/28/2010 833 W 46 ST Miami Beach Home 3214 692,000 202.209
12/23/2010 737 W 49 ST Miami Beach Home 2724 900,000 403.818
3/8/2011 3001 PINETREE DR Miami Beach Home 4534 1,750,000 485.223
2/28/2011 420 W RIVO ALTO DR Miami Beach Home 3701 2,300,000 675.493
1/12/2011 1300 STILLWATER DR Miami Beach Home 4740 1,150,000 248.022
2/16/2011 441 E RIVO ALTO DR Miami Beach Home 2871 2,650,000 1166.493
2/11/2011 5240 N BAY RD Miami Beach Home 4915 3,862,000 996.948
12/22/2010 4421 SHERIDAN AV Miami Beach Home 2597 785,000 302.272
2/19/2011 1501 STILLWATER DR Miami Beach Home 1765 650,000 424.929
1/5/2011 6060 LA GORCE DR Miami Beach Home 2981 700,000 266.689
1/24/2011 1561 STILLWATER DR Miami Beach Home 2310 1,050,000 517.316
12/8/2010 4343 N BAY RD Miami Beach Home 3881 1,225,000 315.64
3/3/2011 3767 ROYAL PALM AV Miami Beach Home 2759 745,000 289.598
3/2/2011 114 3RD DILIDO TE Miami Beach Home 2523 1,400,000 592.549
]]> http://homesinmiamibeachforsale.com/miami-beach-home-sales-rebound/feed/ 0 Miami Beach’s Historic Star, Palm, and Hibiscus Island Homes http://homesinmiamibeachforsale.com/miami-beach-star-palm-and-hibiscus-island-homes/ http://homesinmiamibeachforsale.com/miami-beach-star-palm-and-hibiscus-island-homes/#comments Sat, 26 Feb 2011 03:54:51 +0000 allan http://www.homesinmiamibeachforsale.com/?p=1481 Miami Beach’s Historic Star, Palm, and Hibiscus Island Homes

Occasionally, we come across a deal in one of the island homes communities of Star, Palm, and Hibiscus that's a prime opportunity for today's savvy Miami Beach Home buyer

]]> Miami Beach’s Historic Star, Palm, and Hibiscus Island Homes

The tri-island private, 24 hour guard-gated communities of Star, Palm and Hibiscus Islands are known for having the most luxurious homes in all of Miami Beach. Among the most prestigious home communities that the famous choose to live is Star Island. These Island communities have been considered a residential paradise ever since the early 1930′s (starting when notable Al Capone has his summer home on Palm Island).

The shape of each of these three island communities is oval, which provides spacious over-sized lots for each of the waterfront Homes and Estates.  Star Island, for example, is a single family community where each and every individual lot has magnificent Biscayne Bay views of the City of Miami Beach, Downtown Miami, The Venetian Islands chain, and Fisher Island. These Miami Beach Homes and Estates are identified with such notable personalities as Rosie O’Donnell, Gloria and Emilio Estefan, Tommy Mottola, Lou Walters (father of Broadcaster Barbara Walters), and many others. Originally, these Miami Beach Homes were built to the highest standards of luxury in the early 1930′s, and were significantly remodeled, updated, and expanded over the past decade.

Occasionally, we come across a deal in one of these tri-island communities that’s a prime opportunity for today’s savvy Miami Beach Homebuyer. Those interested in updating, expanding, and STEALING a home on beautiful Palm Island should take a look at the home located at 280 S. Coconut Lane!   This charming property has direct views of Downtown Miami and Government Cut (Cruise Ship Alley), and has been price-reduced to sell:

We're sorry, but we couldn't find MLS # M1470044 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

]]> http://homesinmiamibeachforsale.com/miami-beach-star-palm-and-hibiscus-island-homes/feed/ 0 Signs of a Miami Beach Homes Market Recovery http://homesinmiamibeachforsale.com/miami-beach-homes-market-recovery/ http://homesinmiamibeachforsale.com/miami-beach-homes-market-recovery/#comments Wed, 26 Jan 2011 17:29:47 +0000 allan http://www.homesinmiamibeachforsale.com/?p=1450 Signs of a Miami Beach Homes Market Recovery

While working with several Miami Beach-specific home buyers in the past few weeks, I noticed that there is an increasing trend of prices showing a slight INCREASE in value. What I've been most impressed with is that Miami Beach homes have already demonstrated a bottoming trend, and slight price APPRECIATION.

]]> Signs of a Miami Beach Homes Market Recovery

While working with several Miami Beach-specific homebuyers in the past few weeks, I noticed that there is an increasing trend of prices showing a slight INCREASE in value.  This is showing up with luxury Miami Beach waterfront homes, as well as select waterfront condo buildings in South Beach, that are located in the island residential communities in Miami Beach.

I’ve even seen several initial attempts at boom-style “Home Flips”, which I discuss HERE.  How soon will Miami Beach’s homeowners be able to make a quick profit in a Buyer’s market environment is still yet to be determined.  However, I predict  that those Buyers that ventured into Miami Beach’s housing market in the past two years, especially those that purchased  deeply discounted Miami Beach waterfront homes, will begin to see profits in the coming years.

What I’ve been most impressed with is that Miami Beach homes have already demonstrated a bottoming trend, and slight price APPRECIATION.  There’s a much reduced inventory of well-priced waterfront homes available for sale in Miami Beach’s island communities that include the Venetian Islands (see below), Sunset Islands I – IV, Palm, Star, Hibiscus, and the Island of Miami Beach proper – most especially along North Bay Road.

The Latest Example of a “Just Closed” sale on the Venetian Islands shows a Market Bottom, and a slight price appreciation from 2003 price levels.  It should also be noted that Rivo Alto home below was on the active market for over TWO years (on and off at various times).  Also, it was a challenging sale due to the relatively undesireable location of the lot JUST off of the Venetian Causeway, which connects Miami to Miami Beach.

Miami Beach Home on Rivo Alto Drive (Venetian Island Chain):

Rivo Alto Turnkey Waterfront Miami Beach Home
226 West Rivo Alto Drive
Miami Beach, FL 33139
Remarks:  60 feet of waterfrontage, with four bedrooms / four baths, Boat Slip, completely remodeled home on Rivo Alto with a

Guesthouse and a second story master suite – completely updated throughout.  Note:  This home is located on a lot just off of  the Venetian Causeway, which limited it’s overall value / desireability.

Sale Price: $1,800,000 (12/10)
Latest Listed Price : $ 1,990,000
2010 Tax Assesed Value: $1,329,000
Bedrooms: 4
Bathrooms: 4
House S.F.: 3,250
Days on Active Market (Multiple Listing): 700+ Days

Last Sale Price in 2003:  $1,600,000

Miami Beach Home on Rivo Alto Drive

226 Rivo Alto Drive

Last 90 Days of Miami Beach “Closed” Home Sales ($500K and above):

Closing Date Address Asking Price Square Feet List Price $ / SqFt Sold Price SP$/LP$
11/19/2010 8035 NOREMAC AV 575,000 1632 352.328 540,000 93.9
11/23/2010 4570 N JEFFERSON AV 599,000 2590 231.274 485,000 81.0
1/11/2011 106 W 4 CT 649,000 1805 359.557 649,000 100.0
12/28/2010 833 W 46 ST 649,900 3214 202.209 692,000 106.5
1/10/2011 1370 STILLWATER DR 650,000 2405 270.27 650,000 100.0
1/25/2011 1240 S BISCAYNE POINT RD 700,000 2467 283.745 595,000 85.0
12/20/2010 100 E RIVO ALTO DR 750,000 3395 220.913 725,000 96.7
1/11/2011 108 2  DI LIDO TERR 769,000 1664 462.139 795,000 103.4
12/4/2010 424 E SAN MARINO DR 780,000 2146 363.467 485,000 62.2
12/22/2010 4421 SHERIDAN AV 785,000 2597 302.272 785,000 100.0
1/5/2011 6060 LA GORCE DR 795,000 2981 266.689 700,000 88.1
12/31/2010 3131 N BAY RD 890,000 2517 353.596 690,000 77.5
12/6/2010 2120 LUCERNE AV 995,000 1833 542.826 850,000 85.4
12/13/2010 2806 PRAIRIE AV 998,000 5049 197.663 825,000 82.7
12/30/2010 5601 ALTON RD 999,000 2700 370 935,000 93.6
1/14/2011 4425 N MICHIGAN AV 1,100,000 3254 338.046 650,000 59.1
12/23/2010 737 W 49 ST 1,100,000 2724 403.818 900,000 81.8
1/12/2011 1300 STILLWATER DR 1,175,625 4740 248.022 1,150,000 97.8
1/24/2011 1561 STILLWATER DR 1,195,000 2310 517.316 1,050,000 87.9
12/8/2010 4343 N BAY RD 1,225,000 3881 315.64 1,225,000 100.0
11/17/2010 4501 MERIDIAN AV 1,395,000 3468 402.249 1,270,000 91.0
1/16/2011 3458 CHASE AV 1,495,000 4296 347.998 1,300,000 87.0
12/29/2010 1707 CLEVELAND RD 1,600,000 2876 556.328 1,300,000 81.3
12/23/2010 5223 PINETREE DR 1,600,000 4990 320.641 1,600,000 100.0
12/31/2010 2301 N BAY RD 1,650,000 4771 345.839 1,450,000 87.9
1/17/2011 1155 N SHORE DR 1,990,000 2791 713.006 1,560,000 78.4
12/28/2010 226 W RIVO ALTO DR 1,990,000 3250 612.308 1,800,000 90.5
11/10/2010 1420 W 22 ST 1,999,000 4172 479.147 1,837,500 91.9
11/1/2010 7520 MIAMI VIEW DR 2,175,000 5090 427.308 1,679,373 77.2
1/14/2011 6675 SHEFFIELD LN 2,990,000 3971 752.959 2,700,000 90.3
12/8/2010 217 PALM AV 925,000 1893 488.642 895,000 96.8
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