It is known that all great cities have been built along rivers. New York, Paris, London, Chicago, are just a few examples. It would be impossible to say it is just a coincidence! There a lot of riverfront advantages that have helped the commercial developments of cities. The half-mile long Miami River is not the exception. Miami was meant to be one of those big metropolises.
The 5.5-mile long Miami River is one of the most unique and authentic features that characterize Miami nowadays. It is so hard to think that it hasn’t always been this way, but it is actually the case. In 1950 the Miami River had a really bad reputation as everyone considered it like a cesspool. It was the last city in the U.S that pumped sewage into the river. It was only used for hosting cargo ships and marine repairs. Nowadays the story is completely different.
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Tags: Brickell, Brickell condos, Downtown, Downtown Miami, Florida, Miami Real Estate, miami river, Miami River condo, miami river condos, Miami River district, real estate, real estate market, real estate news, real estate sales, real estate tips, real estate trends, river
The population rate in Florida has the second-fastest rate among the rest of the country. Brickell has shown a special rise of the population since 2000, and there is no sign that the growth is going to stop.
Residents are replacing the beach, for a neighborhood as Brickell that is offering a large list of advantages. Let’s go into detail to explain the 5 reasons why this neighborhood is the trendiest area in Miami right now:
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Tags: Brickel condos, Brickell, brickell avenue, Brickell City Center, Brickell condo, Brickell condos, Brickell condos for sale, brickell heights, Brickell House, brickell miami, Brickell real estate, Brickell real estate market, Florida, jade brickell, real estate, SLS lux Brickell, smart brickell, tips, w miami
Little have we discussed about to the current Miami condo’s oversupply. There are new constructions in every corner, that have pushed developers to find new ways of differentiating and stepping above their competitors. This new strategy is modifying Miami’s skyline.
Local developers are now outsourcing the exterior design to famous international architects. Buyers have so many options nowadays, that every detail counts when trying to be more appealing to luxury-seekers. From the parking garages and storages till the outer design of the tower, everything counts!
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Tags: Brickell, Brickell condo SLS Brickell, Coconut Grove Miami, Downtown Miami, eighty-seven park, Grove at the grand bay, Jade Signature, Jade signature sunny isles, Miami, miami beach, Miami Beach condo, Miami Beach condos, miami beach real estate, miami condo market, Miami condos, Miami Dade, miami luxury real estate, miami news, miami preconstruction, Miami Real Estate, muse residences condo, one thousand museum, SLS lux Brickell, sunny isles
According to the MLS, the home sales year-over-year has fell in May for the Miami-Dade and Broward counties. This is probably due to the increase of median price in properties in these areas. Palm Beach, however, did make an exception with a slight plunge of price which means that their home sales actually increased. Surprisingly, the market which saw an increase of closed sales in April dipped this month.
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Downtown Miami has always been overshadowed by its more popular neighbors such as South Beach and Brickell. However, this neighborhood gem is actually one of the fastest growing city in Miami. What was once considered as a strict financial district is gaining huge population increase for families and young professionals. In fact, the population is at an all-time high with an estimated increase of 19% in the next 4 years. In response, the area could potentially have a higher demand for condo accommodation.
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Tags: Brickell, buy vs rent, condo, condo living, condominium, Dade county, Downtown, Downtown Miami, Downtown Miami condos, Florida, luxury living, Miami, Miami condos, Miami Dade, Miami Real Estate, properties, real estate, real estate blog, real estate market, real estate tips, real estate trends, South Beach, south beach condos, South Beach real estate, technology and real estate, tips, Yacht club
Millennials love fashion brand and the fashion brands are aware of this. This is probably why they are taking one step further by building condominiums associated to the brand. The trend can be widely seen especially in Miami where the Miami lifestyle is enviable to most people.
Condominiums associated with high fashion brands enjoy huge publicity and their clientele are established. In fact, they throw lavish party on the announcement of their project and even when they break ground. In this article, we will see a list of this high profile fashion brand condominiums that are taking Miami by storm:
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Tags: Armani condo miami, armani residences, aston martin residence, Brickell, condo, condo living, condominium, Dade county, Downtown, Downtown Miami, Florida, Miami, Miami condos, Miami Dade, missoni baia residences, Porsche tower miami, properties, real estate, real estate blog, real estate law, real estate trends, South Beach, South Beach real estate
The simple answer is: South Beach. South Beach is a popular destination that attracts local and international buyers. The white beaches and pristine waters are a favorite among those who has been here. The popular condos in this area are: The Apogee, The Continuum South, The Continuum North, The Murano Portofino, The Portofino Tower, The Murano Grande and The Icon South Beach.
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Last year, we saw the drop of condo sales in almost all neighborhood except in the Downtown and South Beach area. In Brickell, the sales has dropped by an average of 5% while in Edgewater, it dropped by an average of 9%. This trend has been caused by the high inventory of luxury condos available for sale. In fact, there is currently a four years supply of luxury condos in the market.
This high inventory also contributes to a growing concern to real estate developers. There is a difficulty of selling new pre-construction units. Developers are postponing their projects in hope for a better market. Read the rest of this entry »
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Tags: Brickell, condo living, condominium, Coral Gables, Downtown, Downtown Miami, estates at acqualina condo, Florida, housing bubble, luxury living, Miami, Miami condos, Miami Dade, Miami Real Estate, one river point condo, palazzo della luna condo, pre constructions miami, preconstruction brickell, preconstructions miami, properties, real estate, real estate blog, real estate market, real estate tips, real estate trends, South Beach, South Beach real estate, technology and real estate, una condo, Yacht club
This is the best time to sell your home. The Miami real estate market is showing healthy sign of growth this year in terms of sales and prices. This is in contrast with the past two years where the number of properties sold increased but their value price decreased (see South Beach Report). According to the MLS, properties are selling rapidly this year and the sellers can now sell their property near the asking price. Read the rest of this entry »
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Tags: Brickell, condo, Coral Gables, Dade county, Downtown, Downtown Miami, Florida, luxury living, Miami, Miami condos, Miami Dade, Miami Real Estate, properties, real estate, real estate blog, real estate law, real estate market, real estate tips, real estate trends, South Beach, South Beach real estate, tips, Yacht club
It’s the third quarter of 2017 and Miami real estate continues to attract buyers from all over the world despite the slowdown last year. A strong dollar and weak foreign economies were the biggest factors for 2016’s sales decrease ( down 25% in the first six months). However, this year seems to be a new chapter. Investors and homeowners are slowly gaining confidence. Let’s take a look at some key-points to better the understand the evolution of the Miami real estate industry. Read the rest of this entry »
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Miami Real Estate Blog 