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Miami Beach Homeowners and Residents Relieved as Irene Passes

Miami Beach Star Island Sunset (Seen from South Beach) Miami Beach Residents and Homeowners are greatly relieved that Hurricane Irene has passed by SouthEast Florida. The last major hurricane to affect the Greater Miami and Miami Beach area occured was Fall, 2005. The result were rapidly increasing insurance rates, as well as the beginning of…Read More »

Miami Beach’s Real Estate Market Gaining Steam

Whether it’s a single family home or condominium, a requirement for an “A” Miami Beach property in this Buyer’s market is that it be turnkey, or completely remodeled and updated

Latest Ultra-Luxury Waterfront Home Sale in Miami Beach

Despite the latest troubling economic headlines coming out of Europe and U.S. overall economic indicators, premier waterfront properties continue an upward sales trend. The latest example of this is a sale that just took place in Bay Point in Miami. I’m going to deviate from my usual pattern of only focusing on Miami Beach sales…Read More »

Miami Beach Waterfront Homeowners Monitoring Gulf Oil Spill

According to University of Florida oceanographic reports over the past few days, the east coast of Florida is at some risk for contamination from the leaking BP oil rig in the Gulf of Mexico. Based current models, the expanding oil slick could get caught in a loop current which would redirect it to the Florida…Read More »

Has Miami Beach Reached the Housing Bottom?

I’m often asked by both buyers and sellers interested in purchasing or selling a waterfront (and non-waterfront) single family home on Miami Beach if we’ve reached a housing market bottom? The answer for PRIME waterfront properties located on island communities such as Palm, Star, Hibiscus, Sunset Islands I – IV, and the various Venetian Island…Read More »

Miami Beach Real Estate Market is Gaining Steam

Over the past month, my team and I have witnessed a significant increase in buyer activity for what I consider to be “A” real estate properties. These can be quickly defined as: – Miami Beach waterfront condos in buildings such as The Murano, Murano Grande, Icon South Beach, Portofino Tower, Continuum, and more affordable buildings…Read More »

Miami Beach Real Estate- Single Family Home Prices- Reality Check

Everyone keeps asking – how long until the market recovers? Particularly if you are a seller today, a better question to ask is how the Miami Beach Real Estate market has actually performed over the past two months. I’m not going to mince words here, the reality is that the mortgage and real estate crisis…Read More »

Miami Beach Real Estate: Picking up Bargains – Now is the time!

It’s been a busy month for myself and my team, as we’re seeing strong buyer activity from so-called “Bargain Hunters”. I’ve intentionally avoided weighing in on the technicalities of the financial crisis and the future impact of the Paulson Plan, as there are many more qualified sources out there to give readers their analysis. However,…Read More »

Miami Beach Single Family Homes- Latest Closed Sales & Quick Market Update

I’d like to highlight a few of the more significant closed sales information for single family homes located on Palm Island, Hibiscus Island, Venetian Islands and Sunset Islands in Miami Beach from May 1 through August 20, 2008. A total of eighteen (18) luxury homes sold and closed during this time frame with an average…Read More »

South Beach Sales Update

I’d like to give a quick market update as well as some commentary on the latest sales that my team and I have been involved with: Condos Murano Grande #1906- $1,350,000 3 beds / 3baths ($667/S.F.) Waterfront Single Family Home Palm Island – 298 S. Coconut Lane $3,150,000 5 beds / 4 baths ($787/S.F.) Once…Read More »