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Miami Beach Short Sales and Foreclosures- An observation on Ethics and Broker Representation

My team and I recently had an interesting experience which I’d like to share with our readers. Last week, we placed an offer on a condominium offered as a short sale at the Murano Grande in Miami Beach. We only went through the effort of contacting one of our most loyal and best buyers after…Read More »

Miami Beach Waterfront Homes and Condos: REAL Property Values

I’m often asked about the best deals in Miami Beach’s premier waterfront homes and condo buildings. Specifically, most active buyers want to know how much lower can prices go and what constitutes a true “bargain” today? Lately, I have noticed a divergent trend among Miami Beach properties (both homes and condos). The most sought after…Read More »

Miami Beach Real Estate (South of Fifth Street Condos) – Latest Sales – The Facts

The level of interest and calls from former (and many new) clients looking to purchase Foreclosure and Bank Controlled condos as well as Short Sales has significantly increased in the past few months. The strongest downward price pressure is occurring due to distressed and short sales. However, the high end of the luxury condo market,…Read More »

Foreign Buyers Putting Florida First

According to a recent study released by the National Association of Realtors, approximately 25% of all international purchases in the United States are occurring in the state of Florida, which represents a significant target market for anyone interested in selling in today’s buyers market environment. Especially in the Miami Beach area (particularly in South Beach),…Read More »

South Beach Condos (South of Fifth)- Latest Closed Sales & Quick Market Update

Below are some highlights of closed condominium sales for the past 90 days for the more prominent South of Fifth Street buildings such as Murano at Portofino, Murano Grande, Continuum II South Beach and Continuum South Beach, Apogee Miami Beach, Portofino Tower and Icon South Beach. A total of thirty one (31) luxury condos sold…Read More »

South Beach Luxury Condos – Market Update

Below are sales statistics for the overall Miami Beach (South Beach) luxury condo market for the past three months : As of late July, there are 450 units for sale between $500K and $1.1M As of late July, there are 209 units for sale between $1.1M and $2.1M As of late July, there are 111…Read More »

Summertime Activities in South Beach

South Beach condo residents should be especially happy around this time of year now that the summer season is closing in. What does that mean? More time sunbathing on the glistening sands of Miami Beach, having lunch at al fresco cafes on Ocean Drive and checking out the upcoming and regularly held events in the…Read More »