Monthly Archives: March 2009

Palm & Hibiscus Island- A brief Historical Tour (and a great waterfront home deal)

By Allan Kleer | Published: March 26, 2009

Today’s Palm and Hibiscus Island still bear historical evidence of a grand and illustrious history, visible immediately beyond the guard gates at the entrance to Palm Island.  As one proceeds onto the island, the first thing you pass is a children playground full of swing sets, slides and see-saws. But half a century ago this [...]

Posted in Hibiscus Island, Miami Beach Luxury Homes, Miami Beach Waterfront Homes, Palm Island | Tagged , , , , , , , | 1 Comment

Miami Beach Luxury Condo- Bank Approved Foreclosure Deal

By Allan Kleer | Published: March 17, 2009

What I especially like about this latest bank approved condo is that it represents a genuine VALUE for the savvy real estate investor or potential owner/user. This price point represents a value that is FAR below replacement cost. The annual rental income on this premier luxury Miami Beach condo is approx. $4,500/month for short term [...]

Posted in Bentley Bay, Miami Beach foreclosures, Miami Beach real estate, South Beach condos | Tagged , , , , , , | Leave a comment

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

By Allan Kleer | Published: March 3, 2009

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, [...]

Posted in Bentley Bay, Continuum Condos, Icon South Beach, Miami Beach foreclosures, Miami Beach real estate, Murano Grande, Portofino Tower | Tagged , , , , , , , , , , , , , , | Leave a comment

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