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
According to the public records compiled by Cranespotter, Miami’s real estate has suffered of a downshift that is just now starting to recover.
Out of 350 units over the $5 million dollars that are today on the market, only 6 units are sold per month. And out of this closed deals, 96% of them had to decrease their price for closing. However, the average percentage of reduction is only 5% under the listing price. Investors are just trying to get rid of their South Florida real estate assets.
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Tags: Brickell real estate, condo, condominium, Downtown, Downtown Miami, Florida, housing bubble, Miami, Miami condos, Miami Real Estate, properties, real estate, real estate blog, real estate market, real estate news, real estate sales, real estate trends, South Beach, South Beach real estate, World news
Whoever tells you that the real estate market is like a roller coaster ride, is obviously not referring to Miami! The Miami Association of Realtor and the Multiple Listing Service (MLS) system, had announced the third quarter (Q3) 2018 sales report for Miami’s real-estate. It seems that nothing can stop their winning streak!
For the 27th consecutive quarter, Miami’s houses, condos and single family homes sales surged. Not even Hurricane Irma was able to slowdown the real estate sales growth in Miami.
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Tags: condo, condo living, Dade county, Downtown, Florida, Miami, Miami condos, Miami Dade, Miami Real Estate, properties, real estate, real estate blog, real estate market, real estate news, real estate sales, real estate tips, real estate trends, real estate usa, South Beach, South Beach real estate, tips, trends real estate miami
According to Miami Association of Realtors, the foreign investment in South Florida climbed up to $7.1 billion dollars in 2017. That is a significant increase of approximately 15% compared to 2016 where the number was only $6.2 billion dollars. Unsurprisingly, most of the foreign buyers are coming from South America. In fact, the political and economic crisis in the area are pushing the wealthy to park their money into a safer environment.
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Tags: Canada, condo, condo living, condoideas, condoideas realty group, condominium, Continuum, 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 real estate, tips, World news
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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Tags: Brickell, Brickell condos, condo, condo living, condominium, Coral Gables, Dade county, Downtown, Downtown Miami, Downtown Miami condos, Downtown Miami real estate, Florida, housing bubble, luxury living, Miami, Miami Beach condos, Miami condos, Miami Dade, miami news, miami preconstruction, Miami Real Estate, midtown miami, Paramount Bay, properties, real estate, real estate blog, real estate market, real estate tips, real estate trends, South Beach, south beach condos, South Beach real estate, tips, Waverly, Yacht club
There is a huge confusion whether the western Venetian island belongs to Miami or the Miami Beach. After all, the zip code seems to apply to Miami Beach but the city belongs to Miami. The western venetian island (which makes up San Marco and Biscayne Island) seems to leaning towards Miami Beach. In fact, the residents themselves are taking action in their own hands by holding petition and collecting signature door-to-door.
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Tags: condo, condo living, condominium, Dade county, Downtown, 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, technology and real estate, tips
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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Tags: Brickell, condo, condo living, Continuum, Downtown, Downtown Miami, Florida, 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 real estate, tips
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
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