Despite the unpleasant news on the Zika virus, hurricanes and a slowdown of the real estate market, Miami is still the place to be.The Miami Association of realtors noticed that the market of the single-family home had a peak in sales during the month of August. The peak was both in volume and in prices and most of closed sales were all-cash. Read the rest of this entry »
Despite the sales statistics we give out in our market analysis, people still ask me if it is the right moment to sell or the right time to buy a condo. I’d like to answer with another question: what is your time frame?This question is really useful for me to envision the direction you should take. Furthermore, it’s fundamental to clarify the situation both from a buyer’s point of view and from a seller’s point of view.For example, if you are buyer it’s important for me to know if you will buy, remodel and flip the house or if you want to move-in with your family and intend to keep it for the long term.If you are a seller, I would ask you why are you selling your condo? Is it a life changing decision such as moving to another city or are you just looking for a bigger/smaller house?
Let’s analyze these situations from different points of views and let’s check how they differ according to the neighborhood. Read the rest of this entry »
87 Park
Eighty Seven Park rings the bell of rejuvenation of a once sleepy part of town.
It sounds like Mid-Beach needed the help of Pritzker Prize-winner Renzo Piano to revive. Indeed, Renzo Piano just came up with a 18-story building in the middle of the park located on 87th Street. The Western hemisphere had long been waiting for Renzo Piano to build a residential tower on this side of the planet! Eighty Seven Park is surrounded by the ocean, the park and the trees. Read the rest of this entry »
It’s been five months since I moved to Miami, working for Condoideas Realty Group. I’m starting to be familiar with the condos in the South Beach neighborhood. I thought that maybe it would be interesting to share my point of view about some of them.
Let’s start by the Icon South Beach. What I like about this condo are the amenities. They are spectacular: 2 pools, a library, a spa, a massage area, a restaurant and a gym where it’s impossible not to lose weight! The units are spacious and for sure the ones facing the bay are my favorites. The only drawback in this building is that the one bedroom units don’t offer a balcony. If you are thinking about buying a unit at the Icon, the prices start in the mid $600/sqft. The atmosphere is quiet, relax, chic and it seems like everything is made to make your life easier! Read the rest of this entry »
The wave of Brazilian buyers could change the structure of Miami’s condo market. Since getting a construction loan became a challenge for developers, the Brazilian way of financing residential projects is a good alternative. The developers of the Apogee Beach in Hollywood are already using that method with great success. Read the rest of this entry »
On February 1st, the Adrienne Arsht Center for the Performing Arts has hosted a major event for downtown Miami’s future. The Town Square Neighborhood Development Corporation and Cesar Pelli who was already the Arsht Center’s architect did finally unveil their unsettled project for the area. Their idea is to develop a pedestrian-friendly and well equilibrated neighborhood by mixing educational, cultural, housing, recreational and commercial areas. Read the rest of this entry »
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