Tag Archives: Miami Beach Luxury condos

Miami Beach Luxury Condo- Bank Approved Foreclosure Deal

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 | Also tagged , , , , , | Leave a comment

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, [...]

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

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 [...]

Posted in Continuum II Condos, Miami Beach real estate, South Beach condos, South Beach real estate | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Turning a Home into a Rental

Buying investment property is under normal circumstances a practically surefire method of making long term profit but right now it’s not something a lot of people are doing. This matter has bolstered the demand for property renting which many buyers of investment property are now using as a means of making sure the properties they’ve [...]

Posted in Miami Beach Luxury Homes, Miami Single Family Homes | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

South Beach Luxury Condos Market Report

Recently, I received in the mail a very comprehensive market snapshot from a local brokerage firm with a variety of confusing statistics gathered from the MLS comparing 2006 and 2007 Q2 sales for the more prominent buildings South of Fifth Street in Miami Beach. I’m astounded that in today’s real estate market, sales professionals are [...]

Posted in Apogee South Beach, Continuum Condos, Icon South Beach, Miami Beach Luxury Homes, Miami Beach real estate, Miami distressed property, Miami Real Estate, Murano at Portofino, Murano Grande, Portofino Tower, South Beach real estate | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment
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