#Affordable Sunny Isles Beach Condos
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I just finished a lovely #walk through south & central #sunnyislesbeach . Featured are some pictures of several of the massive #luxury towers that line the #beach as well as some experimental (for me) in #photography trying to capture specific scenes and visual effects. The #sunset always affords some interesting opportunities with #lighting . #realestate #realtorsofinstagram #realtorlife #miami #miamibeach #condo #luxurycondos #forsale #miamibeachbroker #miamibeachbrokers (at Sunny Isles Beach, Florida) https://www.instagram.com/p/CniRDG1LNt_/?igshid=NGJjMDIxMWI=
#walk#sunnyislesbeach#luxury#beach#photography#sunset#lighting#realestate#realtorsofinstagram#realtorlife#miami#miamibeach#condo#luxurycondos#forsale#miamibeachbroker#miamibeachbrokers
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Stability Prevails: A Comprehensive 2023 Miami Beach Luxury Condo Market Report
Ever dreamed of owning a luxurious beachfront condo in Miami Beach? You’re not alone! Today, we’ve got exciting news about these high-end homes. 2023 is a great year for them.
But hey, let’s not forget about Sunny Isles Beach. This location serves as an undiscovered treasure, providing an affordable entry point for individuals aspiring to experience coastal luxury living. It’s more than just an affordable entry point; it’s a smart investment. In fact, in Q2 of 2023, Sunny Isles Beach, along with Fisher Island, stood out as the star players, offering the maximum value boost for sellers. It’s like finding a treasure chest in your own backyard! So, whether you’re looking to make sales or just beginning your journey in luxury condominiums, these neighborhoods are proving they have the capacity to distinguish themselves and leave a lasting impression on the market.
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Industrial Property Trends In Miami
The beautiful weather and exquisite beaches might sound like enough to entice people to invest in real estate in Miami, but there are many other reasons to consider as well. click here for info that they receive gives them the ability to organize your needs as well as sell you different dwelling. This is normally component of training which they receive in the classroom. There are many reasons why the Denver real estate market 2019 is going strong today and certain to remain strong for years to come.
Yearly growth makes searching through Sunny Isles real estate options quite difficult. Early on, Sunny Isles real estate housed its citizens in luxurious, single family homes. Mashvisor recommends a single family home investment property if you’re looking to invest in Miami real estate. Everyone has some sort of "dream property" in their head, but it surely is only able to be delivered into truth once you have the help of an outstanding real-estate originator.
Let’s take a look at the number of positive things going on in the Miami real estate market which can help investors who are keen to buy an investment property in this city. If you are first time buyer in the Miami real estate, it is advisable to talk to people who recently purchased a home in Miami real estate and learn from their experiences. With so many news popping up and the whole world are watching a huge growth in the real estate property market in Miami. The tenant is not allowed to move into the property until the survey and inspection are done.
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A survey done by Florida Tax Watch found out that in 2005, Miami-Dade’s percentage of households who are unable to afford even a median 2-bedroom rental came in first with a total of 68 percent. To attract corporate visitors and tourists, it is advisable to design your Airbnb rental with a simple and executive environment to attract corporate visitors who represent a big part of the tenants in this neighborhood. To Aware you of the condo right of 1st Refusal: Since a Condominium Owner owns the property in "Fee Simple" the Condominium Board can't specifically deny a purchaser's right to buy the unit. Miami Housing Authority will not pay the rent if the tenant is allowed to move in prior to approval and no initial inspections are conducted while the tenant is occupying the property. Miami-Dade Housing Authority produces a list of available homes for rent in the Miami real estate area.
If you have just about any issues about in which and the way to use led-car-light-manufacturer, it is possible to e-mail us from our own webpage.
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Choose One of the Luxury General Contractors for Your Home
Bring your vision of a wonderful home to life precisely how you want with Finish My Condo. One of the top Luxury General Contractors in Miami with a focus on building unique houses is us. We are able to deliver places that are truly magnificent and completely respond to the unique wants and expectations of our high-end clientele thanks to our decades of experience and unrivalled skill. Delivering outcomes that transcend the expectations of consumers residing in Miami's prestigious neighbourhoods requires a great deal of expertise, understanding, and an eye for detail.
Any kind of construction project is difficult, but nothing but the best can be trusted when it comes to building luxurious condominiums and flats in Miami's most prestigious neighbourhoods. Residential contractors may relieve some of the burden because, as we all know, any building project necessitates a sizable crew, meeting deadlines, the timely availability of materials, and much more.
Advantages of working with a luxury general contractor in Miami, Florida
Saves time: Completing construction projects takes time. They could take months or even years. Unexpected events like lockdowns or harsh weather could hinder or even halt the project's progress. This is when a general contractor's knowledge and skills come in handy. A seasoned general contractor FL knows how to plan for such unanticipated challenges and effectively manage things to avoid any potential delays.
Savings: Because of their extensive network and savvy negotiating abilities, their industry expertise enables them to ensure affordability without sacrificing quality. They also avoid the overall costs that delays may have incurred by completing all the projects on time.
Increases project flexibility: A general contractor with experience can help with any construction project due to their extensive network of connections with suppliers and subcontractors. This allows them the flexibility to make small adjustments as the process progresses. In order to customise the output based on their unique tastes and preferences, property owners also have the option to discuss their needs and ideas with one of the Luxury General Contractors.
Therefore, Finish My Condo can help if you're looking for the most skilled and dependable residential and Commercial General Contractors in Miami. We are the most well-known contractors in the area, and we can assist you in making your ideas come true.
Contact Us:
Website: http://finishmycondo.com
Phone: +1 (305) 944 8300
Fax: (305) 407 9898
Email: [email protected]
Address: 17070 Collins Ave, Sunny Isles Beach, FL 33160 USA
#General Contractor Miami FL#High End General Contractor#Best General Contractors In Florida#general contractor miami#luxury general contractor#Best General Contractors In Miami
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Best Realtors In Bonita Springs, FL
Have you been trying to sell your home lately? Are you looking for the Best Realtors In Southwest Florida? Look no further! Mike Anzivino offers the best realtors in Southwest Florida and the surrounding areas. He has had a lot experience and gained a lot of knowledge over the years. If you want to sell your house and find the best realtor for your needs, this article is for you.
What is real estate?
Real estate is the process of buying, selling, or renting property.
In Southwest Florida, you can find a variety of real estate agents to help you with your purchase or sale.
Browse our directory to find a realtor who suits your needs and goals.
How to find a Realtor
One of the best ways to find a Realtor is to ask friends, family, or acquaintances who they would recommend. Another way to find a Realtor is through online directories or websites. When looking for a Realtor, it is important to consider their experience, licensure, and credentials.
What are the neighborhoods in Southwest Florida
There are many neighborhoods in Southwest Florida that are popular for real estate. Some of the more popular neighborhoods include Boca Raton, Boynton Beach, Delray Beach, Fort Lauderdale, Hollywood, Pompano Beach, and Sunny Isles Beach. Each neighborhood has its own attractions and benefits that make it a great place to live or buy a home.
One of the benefits of living in a neighborhood is the feeling of community. Many people in Southwest Florida enjoy being close to friends and family. Neighborhoods also offer a variety of shopping and recreational opportunities. There are often schools and parks within walking distance, making it easy to get involved in the community.
Another benefit of living in a neighborhood is the availability of homes. Because there are so many homes available, you are likely to find something that you can afford. The variety of homes available also means that you are likely to find something that fits your needs.
If you are looking for a neighborhood in Southwest Florida that is perfect for you, take a look at some of the more popular neighborhoods listed above.
Pros and cons of buying a house in Florida
When you’re looking to buy the Best Realtors In Southwest Florida, you may be wondering which area is best for you. There are many pros and cons to consider before making your decision, so let’s take a closer look at each one.
Pros of buying a house in Southwest Florida:
-The climate is perfect for year-round living.
-There are plenty of attractions and places to visit nearby.
-The area is home to many wealthy and influential people.
-The real estate market is thriving right now, so there’s lots of opportunity for buyers.
Cons of buying a house in Southwest Florida:
-It can be expensive to live there.
-The infrastructure isn’t as developed as some other parts of the state.
Conclusion
When it comes to finding the right real estate agent, you want someone who is knowledgeable about the area they are representing and has the experience necessary to help you find your new home. Luckily, there are many Best Realtors In Southwest Florida that can help you with all of your needs. Whether you are looking for a residential agent or an agent who specializes in selling condos and apartments, we have sure to have someone perfect for you on our list. So what are you waiting for? Give one of our agents a call today!
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Oceana 55 Plus Homes
About Oceana
When you are looking for an affordable active adult neighborhood close to the beach, Oceana 55 plus homes in Oceanside in North San Diego CA is a great choice.
The 55+ community of Oceana is located approximately four to six miles from the beach. Situated at 275 feet above sea level, this community enjoys a perfect climate that is neither too hot nor too cold, offering weather that is ideal, especially for people who prefer to stay warm.
If you are an active adult or a retiree and would like to say goodbye to shoveling snow and heavy coats, boots, gloves, and long socks, living in a warm temperature neighborhood like Oceana is good for you, and that's just one of the benefits. Imagine how much more sleep and exercise you can get when you don't have to wake up an hour and a half earlier so you can clear out your driveway.
Living in a warm climate means it is easier to live an active lifestyle. It is easier and more convenient to go out and enjoy hikes, long walks, bike rides, or meet with friends to play golf and tennis. The warm weather also motivates you to be more physically involved, while the cold weather encourages you to stay warm and bundled up.
Living in a coastal area like Oceana has plenty of physical health benefits. Oceana in Oceanside enjoys 266 sunny days, giving you more days compared to other states in the U.S. The sun is a natural producer of Vitamin D, which the body needs to create stronger bones and teeth. Vitamin D deficiency can cause osteoporosis, increase blood pressure, hypertension, and more.
Oceana is only about seven miles away from Oceanside Harbor via I-5 and Oceanside Blvd. You can easily drive, bike, or run to the beach and enjoy the great view and the cool breeze.
Living near the beach means you have easy access to a relaxing spot. You get to enjoy the emotional and mental relief offered by the sea whenever you want it.
Studies show that living near the beach is good for lowering stress and depression. It also makes you feel happy, more alert, and regulates appetite.
Most importantly, living near the beach means you get more opportunities to enjoy your favorite water sports and go fishing.
All these benefits and more are yours to enjoy in the homes for sale in the 55+ community of Oceana.
The Surrounding Oceanside Neighborhood
You can change many things about your home, but you cannot change your location and neighborhood, so it is really important that you study the neighborhood before you sign anything.
If you are like many other active adults, you are probably seeking a peaceful community where you can enjoy privacy and relaxation, but also be near convenience and amenities when you want to watch movies, enjoy a great dinner out with friends, or simply visit museums.
If you are moving into Oceana, here's what you can expect:
Oceana is bordered on the north by Interstate76, and across that is San Luis Rey. To the east side, it is bordered Rancho Del Oro Dr, on the west side by El Camino Real, and on the south by Mesa Drive.
This community enjoys the convenience of being located just off Route 76 and of being minutes away from Interstate 5. Being near the freeway gives you easy access for quick road trips whenever you want to go.
Oceana places you close to iconic Southern California attractions like Disneyland, LEGOLAND, Sea World, San Diego Zoo Safari Park, and more. If you have grandchildren, they will definitely enjoy these attractions. Disneyland is an hour away, LEGOLAND is 16 minutes away, San Diego Zoo Safari is half an hour away, and SeaWorld is about 42 minutes away.
There are restaurants, retail stores, parks, healthcare facilities, sports complex, and schools just around the community. So Cal Sports Complex, Oceanside Soccer Complex, and El Corazon Park are located just a few minutes drive away from the southern border of the community. VA Oceanside Clinic is just across SoCal Sports Complex.
There’s a wide range of dining options along Oceanside Blvd and Mission Avenue. For more options, you can head to Oceanside Harbor, which has a long line of restaurants offering mouthwatering cuisines. Oceanside enjoys a flourishing restaurant scene where restaurants offer a merge of various cultural styles to create a unique food experience.
Do you have an affinity for history? Oceanside Historical Society is less than five miles away.
If you would like to pursue further learning, MiraCosta College is only 13 minutes away. As of 2017, MiraCosta started offering fitness classes for active adults. The classes are designed to combine fun with fitness. There are also classes for relaxation and revitalization, and balance and coordination, all especially created for active older adults.
Though there is a golf course inside Oceanside, there may be a time when you want to try other golf courses. There are several golf areas near Oceana. Marine Memorial Golf Course is less than 10 miles away, and Arrowood is just a little over six miles. El Camino Country Club is 3.5 miles away.
Are you a fishing enthusiast? Enjoy sport fishing and deep sea fishing in Oceanside Harbor. There are numerous fishing charters to help you find the best boat.
The Oceana Real Estate and Neighborhood
Oceana is a large community for active adults composed of 14 neighborhoods, including Original Oceana, Oceana East, Oceana South, Oceana Mission, and Oceana Real.
Each of these neighborhoods has many amenities to offer such a clubhouse with kitchen, pool, and spa. Some neighborhoods also have easy access to the golf club, while others enjoy a great view of the hills or the greenbelt.
Oceana has a plethora of home styles. You’ll find single-family homes, duplexes, quadruplexes, and condos. There are also various architectural styles considering that the neighborhoods were built in different time periods.
Many of Oceana neighborhoods are not gated. Each neighborhood also has different HOA fees. All neighborhoods except Oceana Real are done in phases, so homes are identified to be either in Phase 1, Phase 2, or Phase 3.
Original Oceana The Original Oceana neighborhood was built between 1964 and 1971. This is the oldest and largest Oceana community with 932 homes.
One of the best features of this neighborhood is its proximity to Emerald Isle Golf Course. Residents of Original Oceana enjoy a 25% discount when using the golf course.
Other than the golf course, there’s also a community center with an auditorium and stage, a kitchen, a computer center, and a library. Other structures include a lapidary shop, a billiards room, and an arts and ceramics building.
This community has a long list of activities for its residents which includes Billiards, Chair Yoga, Knitting, Art Studio, Functional Fitness, Coffee Hour, Line Dancing, Pinochle, MahJong, Meditation Group, Keep Fit Exercise Class, Woodshop, and many more.
Original Oceana homes for sale offers 14 different floor plans with various features so you can find the right fit for your lifestyle. Some of the homes are attached and others are single-family homes. Most homes offer two bedrooms and two bathrooms.
You’ll find that some homes offer a split-floor plan style. Some homes enjoy atriums and some have dens. Many homes enjoy shared living and dining areas and family rooms.
Garden apartment homes have large patios that are great for outdoor entertaining. Several homes feature both porches and patios. All homes have two-car garages.
Original Oceana homes are occupied by a mixture of owners and renters.
Oceana East
Oceana East is a senior living neighborhood located in the southeast area of Oceana. This neighborhood was built in 1975 and borders Savory Way on the north, Curry Way on the west, Mesa Drive on the south, and Rancho del Oro Drive on the east.
Residents of Oceana East enjoy many amenities including a clubhouse with a picnic area, pool and spa, and bocce ball court. A greenbelt with walking trails surrounds this community, giving the whole area a serene and inviting appeal.
Some of the activities in this community include Bridge, Billiards, Game Night, Community Dinner, and more. There's an HOA fee of $340 and covers common area maintenance, exterior landscaping, sewer, trash pickup, water, and cable/TV services.
This neighborhood has approximately 127 individually built homes composing 2 bedroom singles and duplexes. Many homes are updated to make them more suitable for modern lifestyles. Most homes also offer two-car garages, good sized kitchens with lots of storage space, and patios.
If you are looking for competitively priced homes in Oceanside, consider looking at homes for sale in Oceana South. This 55+ neighborhood is situated on the southwest corner of Oceana. It borders Buffum Drive and Dearborn Street on the north, S El Camino Real on the west, and Mesa Drive on the south.
This neighborhood was built from 1973 to 1975 and offers 1,046 to 1,059 square foot of living space. If you prefer attached homes, this is the neighborhood for you as there are plenty of condo and townhomes to choose from. There are also some single family homes in this area.
Oceana South
Oceana South homes have a median price of $297,000, with two bedrooms and two bathrooms. Home styles come in different periods and styles.
The homes for sale in Oceana South have been remodeled and updated. They feature open kitchens with newer countertops like granite, new bathroom designs, and new floors which are either tile or wood floors. Some homes have patios and others have courtyards.
Oceana Real
The Oceana Real neighborhood is a 54-unit, 3-story condominium located on Vista Rey Street. This neighborhood was built in 1972 and borders the west side of the Original Oceana. It also has its own swimming pool and spa.
Condo units in Oceana Real usually offer two bedrooms and two bathrooms with approximately 1,180 square feet of living space. Residents of this condo complex enjoy a gated carport parking area accessible by two elevators.
Condo units on the ground floor enjoy patios. Those on the second and third level enjoy balconies which give residents panoramic views of hills, valleys, and city lights. Some even have ocean views.
Oceana Mission
Oceana Mission was built between 1978 and 1986 and is not located in the Oceana community. It is located 1.5 miles from Ocean East, just off Old Grove Rd.
Residents in this neighborhood enjoy their own clubhouse with a pool and spa. There is also a greenbelt with mature trees and beautiful views.
Oceana Mission is composed of two bedroom-attached single-story homes with a one-car garage and carport. There are also several homes with two-car garages.
Many of the homes for sale in Oceana Mission have been updated and renovated to fit the modern homeowners. Some homes have good-sized porches and patios. You'll find that many homes also feature newer floors, updated kitchen and bathrooms, and plenty of storage places.
The Oceana Lifestyle
If you are seeking an active lifestyle, you'll love the Oceana community. It offers the best amenities to an active adult. Not only do you get the opportunity to enjoy yourself, but you'll also meet new friends and develop new skills.
Inside each neighborhood are swimming pools with spas. Some neighborhoods have tennis and bocce balls courts. Others have walking trails. Residents take advantage of the various features and amenities of each neighborhood and are often seen enjoying long walks, playing golf and tennis, and simply visiting each other in the large community centers.
Oceana neighborhoods are well-maintained so residents can walk, jog, or run in the neighborhood. It's easy to keep entertained at this huge community.
Why move to Oceana?
When you want to make the most of your retirement, moving to Oceana is a practical choice. This community has everything you want and more. Check out my list of amazing reasons why Oceana is good for you.
This large community enjoys the laidback coastal feel of Oceanside where people are more friendly and relaxed.
Oceana’s location gives you the best of both worlds — close to the beach yet in proximity to the amenities of the city for easy shopping, dining, and entertaining.
Homes for sale in Oceana are reasonably-priced. The median price for Oceana homes is $325,000, more affordable than its neighboring cities of Carlsbad, San Marcos, or Encinitas.
Enjoy a resort-style lifestyle with Oceana’s long list of amenities and low-maintenance homes. There are plenty of compact yet comfortable living spaces where you get maintenance of the front yard space and exteriors.
There’s plenty of fitness opportunities in and outside the community. You have all the opportunity to get physically involved, even if it’s just a 30 minute to an hour of walking every day, because how could you not in such fine weather?
Enjoy plenty of learning opportunities with your friends. Now that you have more time on hand, you can pursue your passion or start developing new skills. There’s plenty of opportunities provided in the different community centers.
Active adult communities like Oceana is a wonderful place for you to enjoy your golden years. This community was thoughtfully created to accommodate different lifestyles and preferences, and you’ll surely find an Oceana 55 plus home to fit your style.
Call me, Dennis Smith, at (760) 212-8225. Let’s talk about your needs and preferences so I can find the Oceana home that’s just right for you.
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In case you cannot view this video here, please click the link below to view Oceana 55 Plus Homes on my YouTube channel: https://www.youtube.com/watch?v=q8_BLlxhiTs&feature=youtu.be
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Miami Beach Is A Town in Southeast Florida
Miami Beach is a well-known city in Southeast Florida and a popular tourist destination. It is situated on a 7.1 square mile island where millions bombard its white sandy beaches year in and year out. Recently, Miami Beach is seen as more than a place to get a good suntan, it is an entertainment mecca for the wealthy and those who choose to wallow in the lap of luxury.
Miami Beach is rated the top City Beach in Southeast Florida. This world-class beach is adorned with palm trees, fine promenades and trademark hotels, and the landscape is dominated by high-rises. The refurbished Art Deco Historic District is now known as the heartbeat of Miami Beach, where fashion models and movie stars frequent. This has been a designated area for the shooting of movies, magazine covers and TV ads.
Many have been lured to Miami Beach through its lucrative condo market. Miami condos for sale on this prime piece of real estate boasts of high-rise towers with killer views of the Atlantic Ocean. Miami condos have been plentiful, but in this stabilizing economic climate, they are selling fast. One might wonder what all the fuss is about. Well, you just have to see it to believe it!
You will find a Miami condo in constructions that consist of the top notch amenities found at any 5-star resort hotel. The difference is that people not only visit, but they actually live this alluring lifestyle everyday. There are so many shops, restaurants and nightlife near a Miami condo for sale that offer a choice of non-stop activities. The socialite as well as the homebody will never spend an idle moment.
There are several spectacular properties to be found on Miami Beach that allow for the best luxury living experience that caters to both individuals and families. One of those properties is the Sunny Isles condos which are a string of condominium constructions designed by expert architects that know what high-end living requires. You won't have to lift a finger with full service amenities that are inclusive of a concierge to fulfil your every desire and whim around-the-clock. Stay fit and fresh when you take advantage of the spas and state-of-the-art fitness centers inside your condo complex.
A Sunny Isles condo in Miami Beach almost always offers sunny sky views, plus a city full of a diversified meshing of cultures. As a trend-setting arts and entertainment venue, Miami Beach is a lively area where you can enjoy the outdoor cafes, and shopping along Ocean Drive and the surrounding streets in the Art Deco Historic District. There is something for everyone in the neighboring locations from the ocean to the bay.
Among the Sunny Isles properties, one is known to be outstanding in the Acqualina Resort & Spa. Visitors of the Acqualina have been thoroughly impressed by the incomparable services rendered that made them feel like royalty from the beginning to the end of their stay. Huge, gorgeous rooms and highly trained staff that offer quality customer service is common-place amongst these condo properties in Miami. This kind of lifestyle makes for the sharing of precious memories that last a lifetime.
Other Sunny Isles properties that deserve notable mention are the Jade Beach and Jade Ocean condos. These condo complexes are Miami's most recent accomplishments. They both offer dramatic entrances with lush landscaped gardens and reflecting pools. The ultra luxurious penthouse living spaces can be accessed from security-controlled, high-speed elevators. Both properties are equipped with "Smart Technology" that does everything a butler would do and more.
Most every budget can be accommodated in obtaining Miami Beach real estate. Large condominiums and luxurious villas allow for panoramic views of the ocean, while beachfront homes and townhouses are available to accommodate the modest budget-conscious family. Home values in Miami Beach range from $235,300 upwards to $1,145,100. The high-end buyers of South Beach and Millionaire's Row consider Miami Beach as the ideal real estate destination. The property tax rate of some of the more affordable homes in Miami have not seen an increase in over a decade. Million dollar properties have been recently purchased by the well-to-do global elite clientele.
Miami Beach obviously has Miami architects lots to offer in prime real estate and high-end living. If you're seeking a relaxed virtually care-free lifestyle, look no further, Miami Beach has it all!
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11 Ways To Completely Sabotage Your Miami Beach Realtors
There are so many challenging aspects about buying a home: searching, searching, and buying a home, and more! It can really drive you crazy! Knowing all of these aspects is critical.
Be moderate sunny isles beach condos for sale in your approach when considering a purchase of real estate negotiations. Many people get too aggressive so that they can get a great deal, and they end up losing out entirely. Be clear about what you want, but let your lawyer and real estate agent negotiate, let your Realtor and lawyer go at the negotiations since they are used to fighting those battles.
If you are planning on starting a family, you need to find a home that will be big enough for everyone. You are more likely to buy a safer home if the previous tenants had children.
If you're trying to buy commercial real estate that costs a lot, look for a business partner you can trust and can easily work with.
Even if you currently do not have children, if you are planning on living in the home for an extended period of time and the possibility of starting a family during those years cannot be ruled out, you should consider researching schools in the neighborhood to see if they will be satisfactory should you have any children down the road.
You should ask them specific questions such as how many homes they sell and whether they are homes that are located in the area you are interested in buying.A reputable agent will be happy to answer all questions you have.
You should ask questions about their track record. A reputable agent will be happy to answer these questions for you.
Sex offenders must be registered, but there is no guarantee that the seller nor their agent is going to feel an obligation to tell a potential home buyer of any offenders in the area.
One reason to do this is so you know you can afford and be approved for.
If you plan to purchase all or some of a building for opening a business, ensure that it is located in a good area with reasonable stability and opportunities for growth. Starting up a business in an area of high crime and dilapidated buildings will likely lead to obtaining less customers. Ask Realtors where an ideal location to open up shop.
You will avoid wasting your time and the agents time by limiting your search to houses you love without being able to pay for it.
When you decide to invest in real estate, you should always focus on your goals. Determine early on if your goals are short or long term. Don't consider properties that is irrelevant to your long-term or short-term goals. A lot of investors don't do this due diligence and buy something that miami beach condos for sale does not satisfy them or even lose money.
If you put this off your insurance will not cover anything that happens, something could go wrong because of the unpredictability of Mother Nature.
When looking for new real estate investments, you will want to be sure of your goals. Determine if your goals are short term or farther on the horizon. Don't invest in any property that is irrelevant to your pre-determined criteria. A lot of owners make compromises and end up making poor investments.
The first step to purchasing a piece of real estate is organization. Have a specific notebook for recording information about real estate from various online and offline sources.
When you are seeking a new home, remember to check for adequate parking if you own an automobile. This is especially vital for homes that lacks a driveway. If there is not adequate parking near the property, you might have to walk far after parking.
Don't hire an appraiser unless they have five years of experience. Never hire an appraiser recommended by your real estate agent. This might represent a possible conflict of interest which you should avoid. You will want to make sure that any appraiser you hire has either a state license or is state certified.
While you may put a lot of value in the view, it may not be to a prospective buyer if you decide to sell. Therefore, purchase the home because you love the view, just make sure you don't overpay for it.
Even though you value the view highly, when it comes time for you to resell the house, the buyer might not agree. Therefore, you can buy the house with the view, but do not overpay for it.
You need to see your credit report prior to applying for a new home. After you have the credit report in hand, carefully look through it and report any issues that you see.
Be sure to have enough money saved up the down payment your mortgage company requires. If you are unable to handle the bare minimum that the mortgage company requires, then you may have to get private mortgage insurance.
You need to see your credit report prior to applying for a new home. Once you have your report, spend some time looking through it and if you spot any errors, and be sure to report any mistakes.
Do not buy a home along a busy road. These properties are typically cheaper than homes in the middle, but once you listen for a bit, they are less expensive for a reason. Even if you can live with the noise, keep in mind that resale is more difficult when your home backs up to a busy street.
Collect facts and figures about your local housing market.Look at websites like City-data.com to look for any foreclosed houses, the average price of homes, foreclosures, and other sources of information. A prime location may help a property rise above other problems with good products can put you on top even if the trends are down.
Waiting for approval will also cost you time during the process of buying, which may cause the cost to increase.
Stay in constant contact with other investors in real estate investment business. There is always a property available somewhere, and not every property is a good match for every investor. This is the perfect way to find that hidden gem that hasn't yet been snapped up.
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You need to be sure that you know how to effectively approach the real estate market. You will have to learn more about real estate. The article just described many ways information can be used to your advantage. The next step is in your court.
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Condo for Sale - Caribbean Breeze, Sunny Isles Beach
New Post has been published on http://www.mii.miami/caribbean-breeze-sunny-isles-beach/
Condo for Sale - Caribbean Breeze, Sunny Isles Beach
Caribbean Breeze
250 180th DrSunny Isles Beach
Caribbean Breeze is a well-maintained condo building located in Sunny Isles Beach. The residences range from 1 to 2 bedrooms and around 700 to 900 sq.ft. in size. They are spacious and have private balconies featuring lovely garden and pool views.
Units: 103 Stories: 8
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DESCRIPTION OF CARIBBEAN BREEZE
Caribbean Breeze is a well-maintained condo building located in Sunny Isles Beach. The residences range from 1 to 2 bedrooms and around 700 to 900 sq.ft. in size. They are spacious and have private balconies featuring lovely garden and pool views. There are some great amenities available for residents of Caribbean Breeze, including on-site laundry facilities, a beautiful swimming pool & sundeck, a lobby and 24-hour security. The building’s excellent location is minutes from the beach, great restaurants, shopping malls, places of worship and much more. Public transportation is also just steps away from your doorstep.
Caribbean Breeze Building Amenities:
Elevator
Exercise Room
Heated Pool
Exterior Lighting
Sauna
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CONDOS FOR SALE
CONDOS FOR RENT
RECENTLY SOLD
CONDOS FOR SALE
1 Bedroom Units for Sale in Caribbean Breeze, Sunny Isles Beach
CityCondo NameUnit NumberBedsBathsLiving AreaYear BuiltPriceTotal Pic
Sunny Isles Beach
Caribbean Breeze Condo
104
1
1.5
710
1974
$180,000
5
Sunny Isles Beach
Caribbean Breeze
551
1
1.5
710
1974
$175,000
12
CONDOS FOR RENT
1 Bedroom Units for Rent in Caribbean Breeze, Sunny Isles Beach
CityCondo NameUnit NumberRent PeriodLiving AreaBedsBathsPets AllowedPriceTotal Pic
Sunny Isles Beach
Caribbean Breeze Condo
505
Year
710
1
1.5
No
$1,500
5
RECENTLY SOLD
2 Bedroom Units for Sale in Caribbean Breeze, Sunny Isles Beach
CityCondo NameUnit#BedsBathsLiving AreaYear BuiltSold PriceClosing Date
Sunny Isles Beach
Caribbean Breeze
458
2
2
937
1974
$209,000
01.22.18
Sunny Isles Beach
Caribbean Breeze
109
2
2
937
1974
$225,000
06.22.17
Sunny Isles Beach
Caribbean Breeze
408
2
2
875
1974
$181,000
12.03.14
1 Bedroom Units for Sale in Caribbean Breeze, Sunny Isles Beach
CityCondo NameUnit#BedsBathsLiving AreaYear BuiltSold PriceClosing Date
Sunny Isles Beach
Caribbean Breeze Condo
556
1
1.5
780
1974
$125,000
08.21.17
Sunny Isles Beach
Caribbean Breeze Condo
253
1
1.5
710
1974
$155,000
06.22.17
Sunny Isles Beach
Caribbean Breeze Condo
202
1
1.5
710
1974
$80,000
09.02.10
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Community Guide: Is Sunny Isles Beach A Good Area To Live?
The Miami-Dade country is a famous spot for people to relax on vacation – but how truly good is it to live in? On the barrier of the northern corner of this country is an island with the most beautiful ocean view called Sunny Isles Beach.
This North Miami city has seen exponential development and infrastructure growth and continues to improve. Sunny Isles is now an attraction for luxurious condos, appealing real estate, and tourists wishing to have a good time with sunny days and ocean views. It encompasses a welcoming and friendly neighborhood with a diverse population of over 20,000, and it is the perfect place to escape city life.
Investing in real estate in sunny isles, Miami would thus be highly beneficial for you. A trusted and good broker would get you appealing deals at affordable prices. Such as that of Sole Miami Sunny Isles, since it consists of luxuries beyond the imagination, along with the classic ocean view of sunny isles beach that you can never get tired of looking at.
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Planning a trip to Hawaii is something many people dream of. With its stunning beaches, dramatic volcanic landscapes, and lush green hills, it’s one of the most beautiful places we’ve visited but also the most expensive.
While we do think the islands are worth the high price, to make the most of your stay, it’s essential to plan in advance.
These tips will help you plan the perfect trip to Hawaii.
Best Island to Visit in Hawaii
Hanalei Bay in Kauai
Choosing the best island to visit is one of the most challenging parts of planning a trip to Hawaii. They are all diverse with lots to offer, so it just depends what you are looking for.
Most visitors to Hawaii visit one of these four islands:
Oahu – The most visited and developed island is home to the large city of Honolulu and the famous and very crowded Waikiki Beach. You can surf huge waves on the North Shore and visit the museum and memorials at Pearl Harbour. You’ll find the most shopping, dining, and nightlife options here. It’s the easiest island to get around by public transport.
Maui – The second most visited island has beautiful beaches, world-class whale watching, and the Road to Hana drive where you can see waterfalls, bamboo forest, and red and black sand beaches. You can also watch the sun rise above a volcanic crater and visit wineries and lavender farms in Upcountry. There’s a wide range of resorts, dining, shopping, and activities as well as natural attractions.
Big Island – The largest island is the youngest, so it’s not as green as the other islands and has more lava landscapes. If you want to see an active volcano, this is the island to visit. The landscapes are incredibly diverse from beautiful white sand beaches to snow-capped mountains.
Kauai – Known as The Garden Isle, Kauai is the most lush and green of the islands. The jagged green cliffs of the stunning Napali Coast are the big draw, but there are also lovely beaches, waterfalls, and multi-coloured canyons. A helicopter ride over the island is spectacular, and there are plenty of hiking trails. Kauai has become popular, but it isn’t as developed as Maui or Oahu.
Kauai’s Napali Coast
If you are looking to get off-the-beaten-track, you could consider visiting one of these smaller, much less visited islands:
Molokai – Known as The Friendly Isle, on Molokai you’ll find a slow pace of life and more native Hawaiians, but less choice of accommodation and activities. It’s also home to the leper colony of Kalaupapa, which I became fascinated with after reading a couple of these Hawaii books.
Lanai – For many years Lanai was a pineapple plantation and it’s now home to a few luxury resorts. If you want to enjoy the secluded beaches without the high price tag, the ferry from Lahaina on Maui only takes an hour so you could visit on a day trip.
The character of each island also depends on which part you visit. All the islands have a rainy side where the scenery is lush and green and a dry side where you’ll usually get more sun. They are both worth visiting, which is why we decided to split our island stays between two or three locations.
We had 3.5 weeks in Hawaii and chose to divide our time between Kauai and Maui, with one night in Honolulu before our flight to Japan. We loved them both, and there’s so much to do on each island that we’re glad we didn’t try to add in an extra island.
We plan to visit the Big Island and maybe Molokai on our next trip, although we’d also happily return to Kauai and Maui.
For more details on our trip, see our Maui itinerary and the best things to do on Kauai.
Our friends Tom and Jenny have visited the Big Island many times and share their favourite things to do.
The black sand beach at Waianapanapa State Park, Maui
Before You Arrive in Hawaii
Do
Save up – Hawaii is expensive and you’ll enjoy it more if you aren’t worrying about every penny. We spent $267 per person per day including everything except flights from the mainland US. You could spend less by travelling in the off season, choosing non-beachfront accommodation, and skipping pricey tours. You could also spend a lot more by staying in luxury resorts and eating out for every meal.
Visit in the winter to see humpback whales – We were astounded by how many we saw in Maui in February. January to March are the best months, but you might see a few from November to May. Winter weather can be cooler and rainier, but we still had mostly sunny days and the ocean is swimmable year round.
Visit in the off season to save money – In the spring (April and May) and autumn (September to mid-November), the islands are less crowded, prices are lower, and the weather is excellent.
Book your accommodation far in advance – Especially if you are travelling in the high season, want an ocean view, or are travelling to places like Hana or Upcountry on Maui where accommodation is limited. We searched for options on Booking, Airbnb, and VRBO.
Consider a condo rather than a resort – For families, stays of a week or more, and for those on a budget, renting a condo with a kitchen is a great way to save money. There are many to choose from and some have resort facilities like pools and beachfront locations. We stayed in condos for most of our stay and Kiahuna Plantation on Poipu Beach in Kauai was one of our favourites.
Kiahuna Beach
Search on Kiwi for the best flight deals – The cheapest rates will be from Los Angeles or other West Coast cities. Southwest now flies to Hawaii at low rates. You can also get affordable flights from Asia (especially Japan) to Honolulu.
Fly in and out of different islands – Maximise your time on the islands by flying into one island (such as Kauai) and out of another (such as Maui). I was surprised by how many affordable direct flights there are from the US mainland to places other than Honolulu.
Rent a car – It’s the best (and often only) way to get around. At busy times they can run out, so book far in advance. We used Rental Cars to find the best deal and just booked the cheapest economy car.
Consider splitting your time between two or three locations on each island – If you want to do a lot of exploring, this will help avoid long drives to attractions. We did this on Kauai and Maui and it worked out well.
Red Sand Beach in Hana
Book Haleakala sunrise in advance – If you want to see Maui’s most popular sunrise, you must book up to 60 days in advance. If you miss out, try again two days before when more tickets are released.
Bring reusable shopping bags – Plastic bags are banned on the islands.
Pack a sweater – While most of the time you’ll only need summer clothing and beachwear, it can get chilly on morning boat trips or if you go to higher elevations (like Upcountry in Maui or Waimea Canyon on Kauai) especially in the winter. Sunrise at Haleakala is literally freezing and you’ll appreciate as many layers as possible.
Bring spices – If you are self-catering, you’ll save money by bringing a small amount of spices with you. We bought some at the bulk-buy section of a supermarket on the mainland.
Pack hiking sandals – We wore these all the time and they were perfect for beaches and hiking. Many beaches have rough access trails so you’ll appreciate something more than flip-flops. Simon wore the Teva Terra Fi Lite sandals and I have the Merrell Terran Lattice sandals.
Learn a few Hawaii words – Even if it’s just Aloha (hello and goodbye but also love and compassion) and Mahalo (thank you). I picked up vocabulary by reading the astounding novel Shark Dialogues by Kiana Davenport (which I highly recommend every visitor reads).
Don’t
Plan to visit more than one island per week – You’ll spend too much of your precious vacation time travelling and there’s so much to do on each island.
Forget hidden fees – The listed price for hotels and resorts is rarely what you’ll actually pay. You’ll have to add tax and often a resort fee, cleaning fee (for condos), and parking charge. Check the final total price when comparing accommodation options.
Visit during holidays – Try to avoid the busiest times of year, especially Christmas and New Year when crowds and prices soar. Thanksgiving week is another busy time. If you must visit then, book far in advance.
Stay on the beach (maybe) – If you are on a tight budget you’ll save by staying a short walk or drive from the beach. Airbnb is a good place to look for budget accommodation. That said, we splurged on beachfront accommodation and loved it.
Sunset at Kiahuna
In Hawaii
Do
Read novels set in Hawaii – Learn more about Hawaii’s fascinating culture and turbulent history by reading one of these books about Hawaii while you relax on the beach.
Schedule your most important activities early – Weather can change and cancel activities like boat trips and helicopter rides, so make sure you’ll have time to reschedule.
Waterfalls in Kauai from a helicopter
Use reef-safe sunscreen – Hawaii has banned the sale of sunscreen that uses coral-harming chemicals. You can pick some up from Longs Drugs, which we found surprisingly affordable.
Sign up to the Snorkel Report on Maui – You’ll get an email every morning with tips on the best beaches to visit that day. They also rent inexpensive snorkelling and beach gear.
Check the Hawaii Beach Safety website – To find out which beaches are safe for swimming or best for surfing. The Kauai Explorer Surf Report is also useful.
Go whale watching – It was one of our favourite experiences in Hawaii. We chose a small boat trip with Makai Adventures from Lahaina in Maui and loved it so much we went twice.
Hike – All the islands have beautiful trails from easy coastal walks to challenging multi-day treks. It’s a great free way to enjoy the beauty of the islands.
Hiking the Pipiwai Trail in Maui
Rent a Tommy Bahama beach chair and umbrella – Our condos came with these, but you can rent them on the islands inexpensively. They have backpack straps for easy carrying and make beach hopping much more comfortable.
Visit a farmer’s market – The fresh produce is usually cheaper and better quality than the supermarkets and there are lots of tasty treats and foodie souvenirs to enjoy.
Cool off with shave ice – This delicious icy treat is so much better than we expected. Add a scoop of macadamia ice-cream on the bottom for maximum tastiness.
Enjoy a Mai Tai on the beach – Touristy yes, but it’s a classic Hawaii experience and these tasty rum cocktails come in cool Tiki glasses.
Drive the Road to Hana on Maui – Most people do this in one day, but we loved spending a few nights in Hana to explore without the crowds.
Wai‘anapanapa State Park is a Maui highlight
Eat all the banana bread – Especially in the Hana area, homemade banana bread sold at farm stalls is so good.
Indulge in chocolate-covered macadamia nuts – We were addicted to the ones by Moana Loa.
Let local drivers pass you – They know the winding roads better than you and drive at a faster pace, so pull over and let them pass.
See Kauai from above – Our doors-off helicopter trip on Kauai was mind-blowing.
Don’t
Eat in restaurants for every meal – Restaurants are expensive and by self-catering in our condo we saved a huge amount of money. Even if you don’t have a kitchen, you can pick up a pre-made picnic lunch from a supermarket and enjoy it on the beach. Some of our tastiest meals were from food trucks which are far cheaper than restaurants. Hana in Maui and Hanalei in Kauai had the best selection of trucks.
Underestimate the ocean – Conditions can be dangerous and change quickly and drownings do happen. If you’re not sure it’s safe, don’t swim.
Turn your back on the ocean – Huge waves can come out of nowhere when you are swimming or even walking along the shore.
Fight a rip current – If you get caught in a current, keep calm, float, and wave for help. Go with the current and conserve your energy.
Touch sea turtles or monk seals – You are likely to come across wildlife on the beaches, but it’s illegal to get too close or touch them.
Monk seals and humans share Poipu Beach on Kauai
Trespass – Please respect private property. While all beaches are open to the public, they don’t all have public access routes.
Litter – Don’t leave anything behind on beaches or hiking trails.
Steal any rocks or sand.
Touch or step on coral.
Leave valuables in your car – And keep any luggage hidden out of sight in the trunk.
Laugh at the hula – It’s not just a dance for tourists, but a serious part of local culture.
Refuse a lei (flower garland) – It’s a symbol of affection and Aloha so wear it with gratitude and don’t take it off in front of the person who gave it to you.
Wear shoes into someone’s house.
Rush – Don’t feel the pressure to do everything. Make sure you allow time just to relax by the pool or on the beach. Slow down and enjoy these beautiful islands.
I hope this post helps you plan a trip to Hawaii. Let me know if you have any questions below. You can also read these other Hawaii posts:
The Ultimate Maui Itinerary: The Best of Maui in 7 to 14 Days
17 Stunning Road to Hana Stops & Why You Should Stay in Hana, Maui
Where to Stay in Kauai: The Best Areas and Hotels
17 Unmissable Things to Do in Kauai
A Doors Off Helicopter Tour on Kauai: Is It Worth it?
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South Florida’s top real estate news of 2019
(Credit: Getty Images)
South Florida’s place in the real estate big leagues was cemented in 2019, as uber-wealthy hedge funders and other investors from high-tax states poured millions of dollars into luxury properties. Palm Beach gleaned many of the benefits, with sky-high record sales.
At the same time, major players from New York, the Kushners and Michael Shvo — set their sights on South Florida, with big development plans.
The year also saw a few major milestones for big local projects. Condo towers underway for years, including Paramount Miami Worldcenter, Brickell Flatiron, Residences by Armani/Casa and Ritz-Carlton Residences in Miami Beach, were completed. Magic City was approved. And developers caught on to the short-term rental craze, with several launching plans for mid-priced condos that can be rented by the day.
Opportunity Zones continued to be top of mind for investors. And in breakup news, sister-and-brother Jackie Soffer and Jeffrey Soffer divided up their business.
Here is a sampling of the top real estate news of 2019.
SALT tax refugees Fleeing state income taxes and new limits on deductions, deep-pocketed investors continued to sink their cash into ultra-luxury homes and condos in South Florida. In Miami Beach, nine single-family homes priced at more than $5 million, each, sold for a combined $120 million in the first quarter, alone, according to The Real Deal’s analysis of multiple listing service data.
Palm Beach is hot In Palm Beach two homes sold for about $105 million, setting all-time records. Billionaire hedge funder Steven Schonfeld and his wife Brooke closed on a 10-bedroom waterfront estate for $105 million in December, six months after the estate of the late Broadway producer Terry Allen Kramer sold her sprawling Palm Beach home for $104.99 million. In September, billionaire hedge funder Ken Griffin bought the 18,452-square-foot Palm Beach mansion of billionaire and real estate investor Frank McCourt for $99.1 million.
Kushner and Shvo head south
Charles Kushner
Entering South Florida for the first time, New York-based Kushner Companies rolled out plans to build three major apartment projects in South Florida that will create a total of 3,000 units at a cost topping $1 billion.
And New York developer Michael Shvo and his partners, Bilgili Holdings and Deutsche Finance America, bought three neighboring hotels on Collins Avenue in South Beach, with plans for a 200-foot-tall residential project. In February, they bought the Raleigh Hotel for $103 million from Tommy Hilfiger and the Dogus Group. In August, they closed on two adjacent properties, paying $87.85 million for the Richmond Hotel and $52 million for the South Seas. In all, Shvo and his partners paid $242.85 million for the three hotels.
Luxury condo towers completed Major condo towers opened their doors to residents this year, capping years of construction. They included Dan Kodsi’s Paramount Miami Worldcenter and Ugo Colombo’s CMC Group’s Brickell Flatiron, both in Miami; Lionheart Capital and Elliott Management Corp.’s Ritz-Carlton Residences, Miami Beach; Dezer Development, the Related Group and Armani Group’s Residences by Armani/Casa in Sunny Isles Beach; and The Bristol in West Palm Beach.
Magic City approved After five public hearings where strong opposition was voiced, the Miami City Commission in June approved the Magic City Innovation District, a $1 billion mixed-use project in Little Haiti. Magic City is planned to have a 30,000-square-foot studio, a 15,000-square-foot innovation center for start-ups and co-working tenants, retail spaces, and 2,670 apartments in buildings up to 25 stories tall. The project’s development group now includes Neil Fairman’s Plaza Equity Partners, Cirque du Soleil partner Guy Laliberte, Metro 1’s Tony Cho, and New York developer Zachary Vella.
More condo buildings offer short-term rental option
From left: Santiago Vanegas, Harvey Hernandez, David Arditi, and Russell Galbut
Amid the ongoing slowdown in luxury condo sales, some developers are choosing to build a new product type: more affordable units that buyers can rent out however and whenever they want. The projects are mostly clustered in downtown Miami and Brickell, with prices in the $300,000 range and up – a sharp contrast to the glut of $1 million-and-up condos on the market in Miami. Among them: Smart Brickell, by Habitat Group; YotePad by Aria Development Group and AQARAT; Natiivo, by NGD Homesharing; and an as-yet unnamed project by the Related Group and ROVR Development.
Opportunity Zones make progress
Steven Mnuchin and a map of Opportunity Zones (Credit: Getty Images and Enterprise Community Partners)
The federal government released its long-awaited and latest set of Opportunity Zone regulations in April, spurring investors to begin developing projects in distressed areas nationwide, including in South Florida.
Real estate developers are seeking to raise funds into the billions of dollars for the investment. The federal program gives developers and investors the ability to defer or potentially forgo paying capital gains taxes if they invest in a designated Opportunity Zone.
The Soffers split
Jackie Soffer and Jeffrey Soffer
After 25 years of joint ownership of the family real estate development company, Turnberry Associates, siblings, co-CEOs and co-chairmen Jackie and Jeffrey Soffer split up in March to pursue individual projects.
Jackie Soffer retained the Turnberry Associates brand as CEO and chairman, and is the principal owner of Aventura Mall and Town Center Aventura. She is also continuing to develop the 800-key hotel connected to the Miami Beach Convention Center with Terra’s David Martin, and owns various select-service hotels in Florida, among other projects. Jeffrey Soffer now heads a separate company, Aventura-based Fontainebleau Development. He owns the Fontainebleau Miami Beach, as well as the JW Marriott Miami Turnberry Resort & Spa and Turnberry Ocean Club Residences, and is pursuing other projects.
The post South Florida’s top real estate news of 2019 appeared first on The Real Deal Miami.
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National Cheat Sheet: SoftBank share prices sink, Sears files for bankruptcy … & more
Clockwise from top left: Softbank share prices sink as Saudi Arabia is implicated in Jamal Khashoggi’s death, Sears files for bankruptcy protection, Microsoft co-founder Paul Allen dies at 65, and Americans find renting a home to be more affordable than buying one, report says.
SoftBank share prices sink as Saudi Arabia is implicated in Jamal Khashoggi’s death SoftBank Group’s shares saw their steepest price drop in two years this week after Turkey’s government claimed disappeared journalist Jamal Khashoggi was tortured, murdered and dismembered by Saudi Arabian authorities, Bloomberg reported. The country is “the biggest outside investor” in SoftBank’s $100 billion Vision Fund — a factor that could deter investors from getting involved with the group. “If the Saudis are implicated in the murder, you might find a lot of investors not willing to take their money,” Sanford Bernstein analyst Chris Lane told the outlet. “This could start to freeze the Vision fund out of future deals.” It’s not yet clear how the price drop will affect SoftBank’s talks with WeWork, in which it’s interested in buying a majority stake. [TRD]
Sears files for bankruptcy protection, plans to close 142 stores Last week, Sears Holdings hired bankruptcy advisers ahead a possible bankruptcy filing, and on Monday, the company officially filed for bankruptcy protection. Sears had already announced plans to close 46 stores, and on Monday said it would close an additional 142 stores. The company tried to bandage its financial wounds with the closings, having lost more than $11 billion since 2011, but its efforts weren’t enough to stave off bankruptcy. The company’s CEO Edward Lampert, who has tried to help Sears avoid its current fate, will be stepping down from the position. The news comes with vacancy rates at malls across the country at a seven-year high in the third quarter. [TRD]
Microsoft co-founder Paul Allen dies at 65, leaving behind expansive real estate portfolio Paul Allen is best known as the co-founder of Microsoft, but the billionaire — who passed away on Monday at the age of 65 due to complications of non-Hodgkin’s lymphoma — was also a major real estate player. Allen’s portfolio included a 120-acre site in Beverly Hills that he listed for $150 million earlier this year, a 13,000-square-foot mansion in Beverly Hills, two apartments in Manhattan, 11 mansions in Seattle, a hilltop mansion in the French Riviera and a house in London. He also had a significant impact on Seattle’s real estate landscape, developing one neighborhood into Amazon’s home, and millions of dollars into an affordable housing initiative, as well as efforts to combat homelessness in the city. Allen reportedly had a net worth of around $20 billion, and gave more than $2 billion to philanthropic causes. [TRD]
Americans find renting a home to be more affordable than buying one, report says A majority of Americans believe that paying rent for a home is more affordable than shelling out money to buy a home, the Wall Street Journal reported. Freddie Mac data shows that 78 percent of Americans consider renting the less expensive option, compared to 67 percent half a year ago — although many still struggle to pay their rents, according to the outlet. Fifty-eight percent of people who currently rent a home, meanwhile, said they don’t have any plans to buy an abode. The outlet attributed this to high mortgage rates, interest rates and housing prices. Home sales across the country have been slowing due to low inventory and high prices, and that preference on the part of people seeking housing could prolong the trend. [TRD]
MAJOR MARKET HIGHLIGHTS
Former NYCHA chair who resigned amid lead paint scandal joins building contractor The former chair of the New York City Housing Authority, Shola Olatoye, has accepted a job with building contractor Suffolk, as vice president in charge of business development in New York. Olatoye resigned in April after news broke that NYCHA hadn’t inspected thousands of apartments for lead paint, and had covered up the lack of inspections. New York City Mayor Bill de Blasio, however, defended Olatoye, who was at the helm of the agency for four years. “The Housing Authority that the Chair inherited four years ago faced bankruptcy, an inability to make basic repairs and an alarming surge in violence. She was a change agent from Day One,” he said. Suffolk has been trying to expand in New York, and Olatoye’s “knowledge of the New York real estate development landscape” will contribute to that, its New York president Charlie Avolio said in a statement. [TRD]
Downtown Miami luxury high-rise offering residents yacht service to the beach Residents of a luxury high-rise in downtown Miami will be able to take a yacht to the beach. G&G Business Developments and International Booking Services LLC are offering the butler service to people who live at the 391-unit Aston Martin Residences. The offer comes amid a push by luxury condo developers in Miami to entice buyers with more amenities, as there’s currently an excess supply of luxury units in the Greater Downtown Miami area, according to a report released in August. At one development in Sunny Isles Beach, for example, the developer is offering amenities including Formula One simulators, an ice-skating rink, a movie theater and bowling lanes. [TRD]
Warren Buffett sells his Laguna Beach home at a discount, but still profits Warren Buffet has sold his six-bedroom beach house in Laguna Beach, the Wall Street Journal reported. The Berkshire Hathaway chairman listed the house for $11 million in February 2017, and only ended up selling it for $7.5 million, but he still made a hefty profit, as he bought the house for $150,000 in the 1970s, according to the outlet. The sale mirrors Buffett’s philosophy that a property owner shouldn’t count on “making a good sale.” “Have the purchase price be so attractive that even a mediocre sale gives good results,” Buffet wrote in 1963. An unidentified couple purchased the property. Buffet said he felt “very good about the couple who bought the house,” adding that he “hope[s] their family gets as much enjoyment from it as [his] family did.” [TRD]
Chicago, St. Louis take top spots on list of most affordable big cities to buy a home St. Louis, Missouri is the most affordable place in the U.S. to buy a home, followed by Chicago, according to new data from consulting firm John Burns Real Estate. While purchasing a home is expected to become harder in cities like New York, Philadelphia and Seattle, the firm predicted that Chicago will continue to be an affordable place to do so into 2021, Crain’s reported. The monthly payment on a median-priced home in the Windy City was expected to stay at around 23 to 24 percent of the median household income through that year. “Chicago took it on the chin during the last downturn and is just getting up off the mat when it comes to economy and housing market recovery,” Rick Palacios Jr., the director of research at John Burns, told the outlet. [TRD]
Washington D.C. is trying to pass legislation that would place restrictions on Airbnb rentals Washington D.C. could crack down on Airbnb soon, Reuters reported. Its district council on Tuesday was expected to vote on legislation that would impose strict regulations on home rentals. The vote ended up being postponed, according to the Washington Post, but the legislation previously passed unanimously in a preliminary vote. The legislation’s detractors have expressed concerns over the millions of dollars the city could lose as a result. D.C. Chief Financial Officer Jeffrey S. DeWitt, for one, said the bill could “eliminate nearly all current short-term rentals.” But its sponsors said that issue could be addressed, adding that they were optimistic it would eventually be approved. [WaPo]
Netflix buys film studio in Albuquerque, New Mexico Netflix has snapped up a film studio in New Mexico, it said in an announcement. The company bought ABQ Studios in Albuquerque as part of “a plan to bring as much as $1 billion in production to the state over the next 10 years,” according to The Verge. Shows including Breaking Bad and Godless have filmed in the state. “Our experience producing shows and films in New Mexico inspired us to jump at the chance to establish a new production hub here,” Netflix’s vice president of physical production Ty Warren said in a statement. The purchase and subsequent production are expected to create 1,000 new jobs for people who live in the area. [TRD]
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Find The Best Realtors In Southwest Florida
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An offer they could refuse: Inside the failed bulk buyout of Isola Condominium
Isola Condominium, Arnaud Karsenti and Inigo Ardid
UPDATED Oct. 18, 4:45 p.m.: With nearly every acre of Miami waterfront land scooped up, developers have increasingly turned to the bulk buyout, targeting older properties in prime locations that can be demolished and replaced with glittering, taller versions.
Developers 13th Floor Investments and Key International thought they had the ideal candidate recently in the aging 300-unit Isola Condominium on Brickell Key. The 23-story tower hugs the water, but at 28 years old and laden with costly maintenance issues, it lacks many of the modern amenities of its newer, flashier neighbors. Units are also less expensive.
For the sale to go through, the 13th Floor joint venture would have to buy out Isola’s condo owners, requiring at least 95 percent — or 285 units — to approve. The developers offered $110 million, which they said worked out to a significant increase on each unit’s current market value, The Real Deal has learned.
But after presenting their offer to condo owners and mailing a letter of intent with a price schedule for each condo, the buyout attempt at 770 Claughton Island Drive failed. Late last month, the developers formally abandoned their effort. “It’s dead,” 13th Floor Managing Principal Arnaud Karsenti confirmed.
“You know how many deals we go for and we don’t get?” he said.
Most unsuccessful buyouts get buried along with plans for the property. Here, the failed purchase of Isola offers an inside look at how developers target sites for their next project and how much they are willing to pay to secure land, even if it means demolishing an existing property.
Even amid a slowdown in the condo market, as some Latin American investors are shying away from South Florida, developers remain on the hunt for new waterfront land as they plan for the next cycle. The failed Isola bid also highlights challenges facing condo owners who may not be so willing to sell. Despite an overbuilt market, prices remain high. If they do sell, where can they afford to go?
“We tried to buy it at a fair number — a 35 percent increase to what the units go for on the market,” Karsenti said of the offer. “But apparently that wasn’t enough for most people.”
The developers received “some” signed contracts, Karsenti said, but not enough. He declined to provide details on the specific number. “You need big critical mass — and we didn’t get it,” he added.
For condo owners, there were likely several reasons for them to balk at the offer. “Owners think they are sitting on a pot of gold,” said Cynthia Muniz, Isola’s condominium association president. “Some thought that the value wasn’t enough. Others are Isola lovers that are emotionally attached to their property and didn’t see the reality of the building collapsing.”
In fact, there are significant issues with the building, which may have the led 13th Floor partnership to consider it a prime target. Built in 1990 as the Island Club rentals by the Related Group and converted to Isola Condominium in 2004 by Crescent Heights, the building has been plagued with maintenance issues. Elevators need modernizing, carpets need replacing, a pool has cracks and leaks and is now shut down, and a garage has structural issues, according to Muniz and a letter sent to unit owners by the board’s treasurer.
Two-bedroom unit owners will soon face an assessment of about $27,000, and one-bedroom owners about $16,000, to cover repairs, she said. The assessments will be levied late this year or early next year, depending on bids. The board remained neutral regarding the buyout, Muniz said, but her personal view was that the offer was “a great option.” Yet, she didn’t sign a contract, waiting to see what would happen. “I always said the unit owners should have an option,” she added.
All along South Florida’s waterfront, developers have already identified many aging buildings and replaced them with taller projects that pack more units. Sunny Isles Beach, now home to condos towers like the 53-story Jade Signature, 60-story Porsche Design Tower, 46-story Mansions at Acqualina and the future 54-story Turnberry Ocean Club, was once a city of older, low-rise oceanfront motels and residential buildings. Prices have risen along with the new buildings.
In Brickell Key, condo units in newer buildings run as high as $625,000 for a one-bedroom at Three Tequesta Point, to $2.35 million for a four-bedroom at Carbonell Brickell Key, according to Realtor.com. That has made it increasingly difficult for condo owners to sell their units and afford a new home in the same area.
According to the Isola letter of intent obtained by TRD, payout prices would have ranged from about $273,000 for a one-bedroom to $600,000 for a two-bedroom, depending on the unit. By comparison, Realtor.com shows one-bedroom units starting at $245,000, and two-bedroom units going for $560,000.
The 13th Floor team’s letter of intent included its own comparison of market prices on similar units. It cited a 38-percent increase, because Isola owners would not have to pay closing costs or broker commissions. Unit sellers would also have been able to rent their condos back for at least six months after the closing, according to the letter.
The developers would have paid $1.8 million for reserve distributions — essentially refunding money saved for repairs and improvements.
Had the 13th Floor venture succeeded in its buyout attempt, Isola would have been torn down to make way for a new project. Karsenti declined to discuss details of those development plans. Other projects 13th Floor and Key International have teamed up to develop include 1010 Brickell, a 50-story condo completed last year, 400 Sunny Isles in Sunny Isles Beach and The Harbour in North Miami Beach.
Amid the scarcity of waterfront land in South Florida, developers are also willing to pay the hefty cost of demolition — and risk accompanying complications — to get their new tower.
The July collapse of the Marlborough House in Miami Beach amid its planned demolition — a project manager died from his injuries — highlighted the dangers of taking down a large building. The 13-story condo at 5775 Collins Avenue was purchased in a bulk sale by Brazilian billionaire developer José Isaac Peres, founder of Multiplan Real Estate Asset Management. He had received approval to redevelop the site into an 89-unit, 17-story luxury condo building designed by Arquitectonica. Construction is now on hold.
Despite those obstacles, developers are still buying older condo buildings in South Florida through bulk purchases and planning new projects.
Vlad Doronin’s OKO Group paid $48 million in 2015 to buy out the condo owners of the former 11-story, 25 Bay Tower Condo building at 175 Southeast 25th Road. The new project, called Una, will be a 47-story, 135-unit luxury waterfront condo tower.
And Jean Francois Roy’s Ocean Land Investments bought out the 16 owners of a cooperative association at 920 Intracoastal Drivein Fort Lauderdale for $9 million in 2015. Ocean Land demolished the 60-year-old building to make way for AquaBlu, a 17-story, 35-unit waterfront tower that is nearing completion.
Meanwhile, Karsenti isn’t discouraged by the failed Isola bid.
“We’re always looking for those kinds of opportunities.”
Correction: A previous version of the story had an incorrect original developer of the building that built it as rentals in 1990.
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The downshift drags on in Miami’s condo market
Quiet has become the new status quo in the condo market.
Miami-Dade County is facing a supply of 58 months, or nearly five years, of condos priced at $5 million and up. That figure is based on the market average of about six units selling per month with 350 units on the market, according to MLS data compiled by EWM Realty International.
Of the units priced at $5 million and up that sold over the past year, 96 percent closed for less than their original asking prices. However, sellers are typically reducing their pricing by only 5 percent, the report found.
The drop in preconstruction inventory as a growing number of projects have been canceled or put on hold since the cycle began in 2011 — including the recent cancellations of Naranza at Edgewater; Spark, also in Edgewater; Fasano Residences in Miami Beach; and the Diplomat project in Hallandale Beach — is a sign that the market is correcting itself.
Announcements of new projects have been few and far between. The handful of recently launched developments are priced more affordably and located in Greater Downtown Miami, a market where lower listing prices will fare better as the glut of luxury condo supply totals more than five years, according to data from Peter Zalewski’s Condo Vultures Realty, a brokerage that specializes in buying and selling bulk condo deals. The excess inventory Condo Vultures tracked doesn’t even include the preconstruction market.
Heading farther north to Broward and Palm Beach counties, the number of projects in the pipeline is lower, but some of the same issues are present in both areas.
The Conrad and W Fort Lauderdale, for example, still have a number of unsold units. According to a 2018 report by International Sales Group, the W — which the Related Companies purchased and renovated — is only 55 percent sold. And the Conrad, which the Heafey Group purchased, is under 50 percent sold.
Below is the pipeline of South Florida condo projects proposed, planned, under construction or completed since the beginning of this cycle. The data was compiled by Cranespotters, an entity connected to Condo Vultures Realty, which sourced data from public records, mainstream media news reports and private research.
Broward
PROJECT NAMEDEVELOPERUNITSSTATUS Dania Beach FLORIDA PARK RESIDENCESMFL Development293Proposed DANIA PLACE555 Dania Beach9Completed (2016) DANIA POINTEKimco Realty Corp.TBAUnder Construction Deerfield Beach FORDHAM AT DEERFIELD BEACHGroup P69Completed (2017) ELYSIAN AT DEERFIELD BEACHGroup P67Completed (2018) Downtown Fort Lauderdale ADAGIO FORT LAUDERDALEGrupo Alco International LLC31Under Construction AQUAVITA LAS OLASOcean Land Investments22Completed (2015) AQUALUNAOcean Land Investments16Under Construction ADAGIO ON THE BAYGrupo Alco International LLC12Completed (2015) VELA VISTACommodore Club Condominium LLC9Completed (2016) 1800 LAS OLASOcean Land Investments8Planned CYMBRINAS CAYCardinal Southern Development Corporation8Completed (2015) Fort Lauderdale Beach GALE RESIDENCESMenin Hospitality, Merrimac Ventures & Newgard Development Group129Completed (2018) PARAMOUNT FORT LAUDERDALE BEACHEncore Housing Opportunity Fund & Royal Palm Communities95Completed (2017) 321 AT WATER'S EDGE321 Birch LLC23Proposed Greater Fort Lauderdale THE GALLERIA COMMUNITYKeystone-Property Holding Corp. / FLL Development Enterprise1,250Proposed 3000 ALHAMBRAKolter Group311Proposed URBN @ FLAGLER VILLAGETaho Investments LLC217Proposed 100 LAS OLASKolter Group121Under Construction AUBERGE BEACH RESIDENCES - SOUTH TOWERRelated Group, Fortune International Group & Fairwinds Group115Under Construction RIVAPremier Developers100Completed (2018) FLAGLER 626BRYL Developments LLC97Planned FOUR SEASONS PRIVATE RESIDENCESFort Capital & Merrimac Ventures95Under Construction URBN VILLAGE ON 5TH AVENUEUrban Village at 5th Avenue LLC90Completed (2017) AUBERGE BEACH RESIDENCES - NORTH TOWERRelated Group, Fortune International Group & Fairwinds Group57Completed (2018) AQUABLU FORT LAUDERDALEOcean Land Investments35Under Construction GALLERIA LOFTS - WESTSobelCo30Completed (2017) 30 THIRTY N. OCEANCavache Properties24Under Construction AQUAMAR LAS OLASOcean Land Investments20Completed (2017) GALLERIA LOFTS - EASTSobelCo18Completed (2017) WAVE ON BAYSHOREOak Tree Management18Under Construction AQUARIUS 15AZDD LLC15Completed (2016) Greater Fort Lauderdale cont. TBA (2100 SOUTH MIAMI ROAD)Eli Halali12Proposed VICTORIA COMMONSMorris J. Kaplan Communities at Lakeridge12Proposed 33 INTRACOASTALAviara Holdings11Completed (2018) PALMS ON VENICEThe Palms Of Venice, LLC10Completed (2015) 353 SUNSETWeiner, Vollrath & Partners8Completed (2017) AQUAVUEOcean Land Investments8Planned BAYSHORE 740Bayshore 740 LLC8Planned OCEAN EDGEEquity Partners Inc.8Planned ONE24 RESIDENCES124 Hendricks Isle LLC6Proposed TBA (1324 BAYVIEW DRIVE)Jeff Hendricks6Under Construction 309 HENDRICKS ISLEDundas Real Estate Investment5Under Construction BORUJ TOWERBeach Resort Development of Ft. Lauderdale5Proposed MARINA LOFTSCymbal DevelopmentTBAPlanned Hillsboro Beach 1200 THE OCEANMarrano Homes18Completed (2016) Hollywood/Hallandale Beach GULFSTREAM PARK TOWER (PHASE TWO)Stronach Group1,318Proposed HALLANDALE OASISRomagnole Investment Properties500Planned HYDE RESORT AND RESIDENCESRelated Group & Fortune Development Sales407Completed (2017) HYDE BEACH HOUSERelated Group, 13th Floor Investments & Key International342Under Construction COSTA HOLLYWOOD BEACH RESORTLiberty Grande LLC307Under Construction BEACHWALKRelated Group300Completed (2015) JED TOWERJED Equities134Proposed 2000 OCEANKAR Properties64Planned APOGEE BEACHRelated Group49Completed (2013) RESIDENCES ON MONROEGusmel LLC40Planned SAGE BEACHProperty Markets Group & The Development Group24Completed (2016) POSITANO BEACHMillennium Homes17Completed (2015) SEASIDE VILLAGESeaside Village By Vintage Homes Inc.15Under Construction LA RIVIERAFive On The Beach LLC8Planned SKY HARBORWaterside Hollywood LLC8Completed (2016) TBA (2511 PIERCE STREET)Alex Goihman8Proposed LIVE OAK CONDOMINIUMSEvolve Developers Group4Completed (2016) CHATEAU SQUAREChateau GroupTBAProposed Lauderdale-by-the-Sea VILLAS BY THE SEA (OCEANSIDE NORTH)Minto Communities36Completed (2017) VILLAS BY THE SEA (OCEANFRONT NORTH)Minto Communities15Completed (2016) Pompano Beach KOI RESIDENCES & MARINAInvesca Development Group350Completed (2016) 1380 S. OCEAN BOULEVARDLionheart Capital239Planned PURE RESIDENCEPompano City Place LLC187Proposed TBA (1116 N. OCEAN BOULEVARD)Related Group130Proposed OCEANSIDE POMPANO BEACHChetrit Group & Ari Pearl126Proposed TBA (1350 S. OCEAN BOULEVARD)Merrimac Ventures92Planned SABBIA BEACHFernbrook Florida LLLP68Under Construction OCEAN PARK BEACH RESIDENCESTomas Sinisterra & Carlos H. Rodriguez36Proposed ARYA OCEANSIDE RESIDENCESSean Lin19Proposed
Miami-Dade
PROJECT NAMEDEVELOPERUNITSSTATUS Aventura TBA (3501 SUNNY ISLES BOULEVARD)Dezer Development600Proposed THE HARBOURKey International & 13th Floor Investments425Under Construction PRESERVE ON THE BAY - BLDG. ATransAmerican Development Corp.365Proposed PRESERVE ON THE BAY - BLDG. BTransAmerican Development Corp.365Proposed MARINA PALMS YACHT CLUB (NORTH TOWER)Plaza Group / DevStar Group234Completed (2015) RESERVE AT MARINA PALMSPlaza Group / DevStar Group234Completed (2017) Aventura cont. ECHO AVENTURAProperty Markets Group & JDS Development Group190Completed (2015) PRIVÉBH3 & Gary Cohen160Completed (2017) PORT AVENTURAGranite Aventura158Proposed AVENTURA PARKSQUAREIntegra Investments & F&F Properties131Completed (2018) AVENTURA VILLAGELand Developers Group96Proposed BELLINI WILLIAMS ISLANDMartin Z. Margulies68Completed (2013) TWINS AT AVENTURA193 Street LLC32Proposed AVENTURA PLACE - PHASE 6Weitzer Homes28Completed (2018) VODA WATERFRONT RESIDENCESHerdoiza Group12Proposed AVENTURA PLACE - PHASE 1Weitzer Homes11Completed (2015) AVENTURA PLACE - PHASE 2Weitzer Homes11Completed (2015) AVENTURA PLACE - PHASE 3Weitzer Homes11Completed (2016) AVENTURA PLACE - PHASE 4Weitzer Homes11Completed (2016) AVENTURA PLACE - PHASE 5Weitzer Homes10Completed (2017) AVVA AVENTURAAventura 34th Av LLC5Planned Bal Harbour OCEANA BAL HARBOURConsultatio USA240Completed (2016) Bay Harbor Islands ESPLENDOR BAY HOTELBlue Sky Group96Under Construction ISLAND HOUSEIsland Club Towers LLC86Planned ROYAL HOUSERoyale Club Towers LLC72Planned KAI AT BAY HARBOR3D Developers54Completed (2017) PARISASaba Group45Planned BAY VIEW 102BH Bayview LLC42Completed (2018) CLUB AT BAY HARBORBH Developers LLC42Completed (2015) BIJOU BAY HARBOURAbility by Acierto41Under Construction IVORY CONDOBrick O.41Completed (2017) O RESIDENCESBH 98 LLC (S2 Development & BH-LK Investment Group)41Completed (2017) TBA (1165 95TH STREET)BH 95 LLC (Jorge Savloff & Marcelo Tenenbaum)40Proposed SERENO AT BAY HARBOR ISLANDSIntegra Investments & 13th Floor Investments38Completed (2017) BAY HARBOR ONELand Developers Group & Team 1836Under Construction AKUAWBHD Development LLC30Proposed CAPRICCIOSea Moon Inc.30Proposed LE JARDINVerzasca Group & DevStar Realty30Under Construction TBA (1135 103RD STREET)BH Investment LLC (Ugo Colombo and Valerio Morabito)29Planned ATLANTISSaba Group28Proposed FLORIDA 03P3 Real Estate Investments28Proposed SOPHIE BY ALLUREAllure Development Group26Planned BAY BREEZE RESIDENCESArt + Tec Development17Completed (2017) HARBOUR PARKBay Harbor Investment Properties17Completed (2016) ONE BY TROSSTross International17Under Construction PEARL HOUSEVerzasca Group & DevStar Realty15Under Construction VISTA AT BAY HARBORGlobal Reach Investments11Planned WATERS AT BAY HARBORCompass Development9Proposed OPUS BAY HARBORCongress Group7Proposed Coral Gables GABLES STATIONNP International USA526Planned MIRACLE RESIDENCESPublix Super Markets282Proposed MERRICK MANORThe Astor Companies227Under Construction VILLA VALENCIALocation Ventures39Proposed GIRALDA PLACEGiralda PB LLC33Under Construction BILTMORE PARC CONDOMINIUMAlirio Torrealba & United Developers Miami32Completed (2018) GABLES WATERWAYGables Waterway Property17Proposed LAGUNA HOUSERoger Development Group13Planned ONE MERRICK PARKRoger Development Group13Planned CASA MENORES108 Menores Group LLC8Under Construction GABLES PONCE CONDOMINIUMLG Coral Gables LLC6Under Construction CASA ORDUNA5221 Orduna Drive Holdings5Proposed 3400 PONCEMG Developers4Proposed AMALFI IN THE GABLESFVP Amalfi LLC4Proposed TBA (701 VALENCIA AVENUE)Luis Arevalo & David TorresTBAPlanned Fisher Island PALAZZO DELLA LUNAPDS Development50Under Construction PALAZZO DEL SOLPDS Development43Completed (2016) Greater Downtown Miami MIAMI RIVER (PHASE 2)Chetrit Group, Ari Pearl & JDS Development Group1,310Proposed RESORTS WORLD MIAMIGenting Group1,000Proposed ONE BRICKELLRelated Group900Proposed VILLA MAGNAFlorida East Coast Realty, MG Properties, Corigin Real Estate Group787Planned RESIDENCES AT BRICKELL KEYSwire Properties668Proposed ARIA ON THE BAYMelo Group647Completed (2018) BRICKELL CITY CENTRE (PHASE 5)Swire Properties588Proposed PARAMOUNT MIAMI WORLD CENTERCIM Group, Centurion Partners, Nitin Motwani, Falcone Group & Daniel Kodsi568Under Construction BRICKELL FLATIRON ICMC Group549Under Construction CANVASNR Investments513Under Construction HYDE MIDTOWNRelated Group470Completed (2018) SLS HOTEL AND RESIDENCESRelated Group453Completed (2016) SLS LUXRelated Group & Allen Morris Company450Completed (2018) BISCAYNE BEACHEastview Development & GTIS Partners399Completed (2017) 18Karam Group392Proposed ASTON MARTIN RESIDENCESAston Martin, G and G Business Developments391Under Construction BRICKELL CITY CENTRE REACHSwire Properties390Completed (2016) BRICKELL CITY CENTRE RISESwire Properties390Completed (2016) NINE AT MARY BRICKELL VILLAGEThe Lynd Co. & Starwood Capital Group390Completed (2015) OKAN TOWEROkan Group389Proposed PARAISO BAYVIEWSRelated Group388Completed (2018) 1010 BRICKELLKey International & 13th Floor Investments387Completed (2017) ONE RIVER POINTKAR Properties386Planned 1100 MILLECENTO RESIDENCESRelated Group382Completed (2015) BRICKELLHOUSENewgard Development Group374Completed (2014) MIAMI RIVER (PHASE 1)Chetrit Group, Ari Pearl & JDS Development Group368Proposed PARAISO BAYRelated Group368Completed (2018) BRICKELL HEIGHTS EASTRelated Group & Crescent Heights358Completed (2017) CENTRONewgard Development Group352Completed (2016) TBA (1836 BISCAYNE BOULEVARD)Fifteen Group352Proposed BRICKELL CITY CENTRE (PHASE 2)Swire Properties350Planned BH02Related Group & Crescent Heights332Completed (2017) BONDMDR Toledo & Rilea Group328Completed (2016) GRAN PARAISORelated Group321Under Construction TBA (1430 BRICKELL BAY DRIVE)Alta Developers300Proposed ICON BAYRelated Group299Completed (2015) ONE PARAISORelated Group273Completed (2018) ONE BRICKELL CITY CENTRE (PHASE 3)Swire Properties256Planned MISSONI BAIAOKO Group249Planned CHELSEA TOWERCMC Group222Planned YOTELPAD MIAMIAQARAT & Aria Development Group215Planned BENTLEY EDGEWATERHeafey Group207Under Construction MYBRICKELLRelated Group192Completed (2014) WYNWOOD 29Related Group182Proposed ECHO BRICKELLProperty Markets Group & JDS Development Group180Completed (2017) SMART BRICKELLHabitat Development170Proposed BAY HOUSEMelo Group165Completed (2015) BRICKELL TENIBCorp Investments & Waterstone Capital155Completed (2017) UNA RESIDENCESOKO Group137Planned LE PARC AT BRICKELLAlta Developers128Completed (2016) ELYSEE MIAMITwo Roads Real Estate & Eastview Development100Under Construction 23 BISCAYNE BAYMelo Group96Completed (2012) 25Spider Ventures94Proposed CRIMSON RESIDENCES ON BISCAYNE BAYMcKafka Development Group90Completed (2015) 26 EDGEWATER4R Development & Stripey Real Estate Development86Completed (2018) ONE THOUSAND MUSEUM1000 Biscayne Tower LLC83Under Construction CASSA BRICKELLTSG Paragon Development & The Solution Group81Completed (2016) EDGE ON BRICKELLLeo Macedo70Proposed ELLIPSISShamsuddin Lalani34Proposed EMILIA EDGEWATERSouth Beach Estates LLC30Under Construction 250 WYNWOODFortis Developments11Completed (2015) 27 EDGEWATER4R Development & Stripey Real Estate DevelopmentTBAProposed 600 BISCAYNE BOULEVARDChateau GroupTBAProposed 700 BISCAYNE BOULEVARDChateau GroupTBAProposed BRICKELL CITY CENTRE (PHASE 6)Swire Properties, Paola Castillo Ribon And Richard G. ToledoTBAProposed TBA (150 NE 7TH STREET)Miami A/I LLCTBAPlanned TBA (175 SE 25TH ROAD)Miami Waterfront Ventures (OKO Group)TBAProposed CCCC MIAMI TOWERSChina City Construction Holding Group & American Da TangTBAProposed TBA (150 NE 7TH STREET)Miami A/I LLCTBAPlanned TBA (175 SE 25TH ROAD)OKO GroupTBAProposed Key Biscayne OCEANA KEY BISCAYNEConsultatio USA153Completed (2014) 101 KEY BISCAYNEBlue Jay Capital11Completed (2015) Miami - Coconut Grove CLUB RESIDENCES AT PARK GROVETerra Group & Related Group132Completed (2018) GROVE AT GRAND BAYTerra Group98Completed (2016) ONE PARK GROVETerra Group & Related Group72Under Construction TWO PARK GROVETerra Group & Related Group72Completed (2018) THE MARKERSEduardo Avila65Proposed ARBORUrban Atlantic Group & Oak Ventures52Under Construction FAIRCHILD COCONUT GROVEGROVR Development26Under Construction GLASSHAUSG.D8 & Element Development23Planned RESIDENCES AT VIZCAYAResidences at Vizcaya LLC18Completed (2011) L'UCCELLO CONDOMINIUMSLucello Investments LP6Completed (2017) Miami - Design District SWEETBIRD RESIDENCESDacra96Planned TBA (220 NE 43RD ST)Helm Equities82Proposed BUENA VISTA VILLASSLH Investment Group, Groupe Terrot & UPSIDE Investments12Proposed Miami - Morningside BALTUS HOUSERelated Group167Completed (2015) TBA (5201 BISCAYNE BOULEVARD)Biscayne 5201 Inc.TBAProposed Miami - Upper East Side LEGIONS WESTAcre GCDM Bay Investments II LLC476Proposed Miami Beach DEAUVILLE HOTEL BEACH RESORTDeauville Associates LLC412Planned MIAMI BEACH MARINAFort Partners250Proposed RITZ-CARLTON RESIDENCES MIAMI BEACHLionheart Capital LLC & Elliott Management Corporation126Under Construction PELORO MIAMI BEACHSMG Management114Completed (2016) TBA (5775 COLLINS AVENUE)Jose Isaac Peres90Planned 3900 ALTONMast Capital78Planned 6080 COLLINS AVENUEDomus Group & Urbis Real Estate70Under Construction MIMOSAThe Mimosa LLC69Under Construction EIGHTY SEVEN PARKTerra Group, Bizzi & New Valley Bizzi & Partners Development / New Valley LLC68Under Construction TBA (OCEAN TERRACE SITE)Claro Development58Planned ONE OCEANRelated Group49Completed (2016) FAENA HOUSEFaena Group43Completed (2015) PALAU SUNSET HARBORSMG Management43Completed (2016) TBA (1030 15TH STREET)Shoma Group43Proposed TBA (6747-6757 COLLINS AVENUE)China City Construction42Proposed 6800 INDIAN CREEK DRIVE6800 Indian Creek LLC30Proposed MAREA SOUTH BEACHRelated Group30Completed (2015) TBA (SOUTH SHORE BEACH DEVELOPMENT)South Shore Landowners LLC28Planned RESIDENCES MIAMI BEACH EDITIONSeville Acquisition LLC24Completed (2014) 321 OCEAN DRIVEAria Development Group21Completed (2015) L'ATELIERSMG Management LLC, W Capital Group, & Shamrock Holdings20Under Construction FAENA HOTEL RESIDENCESFaena Group13Completed (2016) SUNSET HARBOR RESIDENCESDeco Capital Management LLC12Proposed GLASSTerra Group10Completed (2015) 645 MICHIGANK and R Corp.8Completed (2017) BEACH HOUSE 8Valerio Morabito, Morabito Properties & CMC Group7Completed (2016) NAUHAUS SOUTH BEACH CONDORestate Group7Under Construction TBA (10 SOUTH SHORE DRIVE)K & R Two6Proposed ATLANTIQUAAtlantiqua LLC4Under Construction North Bay Village ISLE OF DREAMSIsle of Dreams LLC237Planned BALI HAIB Developments127Planned TBA (1601 KENNEDY CAUSEWAY)Brick Village 79 LLC75Planned TBA (7918 WEST DRIVE)P&O Global Technologies54Planned PIAVEJose Saal43Planned BAHIA TOWERCedar Island LP16Proposed North Miami APEIRON AT JOCKEY CLUB - PHASE 1Apeiron Miami, LLC120Planned TBA (840 NE 130th St)Ozkan Ozcelik & Serhat Karakaya67Proposed HIGHLANDS CONDOBlue Road60Under Construction BISCAYNE HARBOURMario Murgado52Planned GOLDEN HILL CONDOWest Bank Investment20Proposed SOLE MIALeFrak & Turnberry AssociatesTBAUnder Construction South Beach 1 HOTEL & HOMESLeFrak & Starwood Capital Group239Completed (2015) TBA (TERMINAL ISLAND PROJECT)Related Group90Proposed MONAD TERRACEJDS Development Group & New Valley59Under Construction 1215 ON WESTDomus Group & BSD Investments45Completed (2016) THREE HUNDRED COLLINSJMH Development & PSB Capital19Completed (2018) ELENAElena SOBE LLC18Completed (2016) EVAAnni Venti LLC15Completed (2015) JACQUELINEZephyrus LLC14Completed (2016) TBA (1414 WEST AVENUE)1414 West Avenue LLC14Proposed LOUVER HOUSEMast Capital12Completed (2017) FIRST SOBEFirst on Jefferson LLC11Completed (2017) 1235 WESTArkad Holdings & 3K Partners5Proposed 350 MERIDIAN CONDOOlivine Group4Completed (2015) Sunny Isles Beach VARADEROFortune International Group & Chateau Group490Planned PARQUE TOWERSJ. Milton & Associates320Under Construction RESIDENCES BY ARMANI - CASAArmani Group, Related Group & Dezer Development308Under Construction RITZ-CARLTON RESIDENCES SUNNY ISLES BEACHFortune International & Chateau Group211Under Construction JADE SIGNATUREFortune International192Completed (2018) ESTATES AT ACQUALINA (SOUTH TOWER)The Trump Group154Under Construction TURNBERRY OCEAN CLUBTurnberry Associates154Under Construction 400 SUNNY ISLES - EAST TOWERKey International133Completed (2015) PORSCHE DESIGN TOWER MIAMIDezer Development132Completed (2016) CORNFIELD WESTTNG Holdings122Proposed 400 SUNNY ISLES - WEST TOWERKey International97Completed (2015) MANSIONS AT ACQUALINAThe Trump Group86Completed (2015) CHATEAU BEACHChateau Group81Completed (2015) MUSEProperty Markets Group & S2 Development68Completed (2018) AURORA CONDOVerzasca Group61Planned REGALIARegalia Beach Developers39Completed (2014)
Palm Beach
Boca Raton MONARCH BOCA RATONElad National Properties384Proposed AMRIT OCEAN RESORT & RESIDENCESCreative Choice Group182Proposed TOWER 155Derek Vander Ploeg & Compson Associates170Under Construction ALINA RESIDENCESElad National Properties121Planned RESIDENCES AT MANDARIN ORIENTALPenn-Florida Companies104Planned OCEAN PALMOne Ocean Plaza Venture70Proposed ROYAL PALM PLACEInvestments Limited69Proposed 475 ROYAL PALMGroup P6-C LLC48Planned 327 ROYAL PALMGroup P625Under Construction Delray Beach ATLANTIC CROSSINGEdwards Companies82Under Construction 111 FIRST DELRAYFelipe Vergara & Manuel Vergara70Under Construction METROPOLITANMorton Group Inc.48Proposed 236 FIFTH AVENUESamar Hospitality35Under Construction Downtown West Palm Beach TRANSIT VILLAGETransit Village LLC420Planned BRISTOLGolub & Company, Commercial Financial Management, Elion Partners & GAK Partners69Under Construction Gulf Stream 4001 NORTH OCEANKolter Group39Completed (2013) Highland Beach TBA (3822 SOUTH OCEAN BOULEVARD)Golden City Highland Beach LLC45Proposed 3200 SOUTH OCEANSeagate Development19Completed (2016) Juno Beach BAY COLONY JUNO BEACH - PHASE 5Juno Bay Colony LLC18Completed (2015) BAY COLONY JUNO BEACH - PHASE 6Juno Bay Colony LLC18Completed (2015) BAY COLONY JUNO BEACH - PHASE 7Juno Bay Colony LLC18Completed (2016) BAY COLONY JUNO BEACH - PHASE 1Juno Bay Colony LLC17Completed (2014) BAY COLONY JUNO BEACH - PHASE 2Juno Bay Colony LLC16Completed (2014) BAY COLONY JUNO BEACH - PHASE 3Juno Bay Colony LLC16Completed (2015) BAY COLONY JUNO BEACH - PHASE 4Juno Bay Colony LLC16Completed (2015) Jupiter Fisherman's WharfMark Emalfarb39Planned Lake Worth BELLA TERRA AT LAKE WORTHHammon Park Partners36Proposed THE ONE LUXURY CONDOMINIUMSundream Investment14Under Construction North Palm Beach WATER CLUB (PHASE 1)Kolter Group163Completed (2016) WATER CLUB (PHASE 2)Kolter Group30Proposed Palm Beach LA CLARAGreat Gulf84Proposed TBA (TESTA'S RESTAURANT SITE)T3 Family Investments6Under Construction Palm Beach Gardens AQUALINAAllied Capital88Planned AZURE - BUILDING BFrankel Enterprises55Under Construction AZURE - BUILDING AFrankel Enterprises46Completed (2016) Palm Beach Shores OCEAN EIGHTEENProdesa18Completed (2016) Riviera Beach SINGER ISLAND GATEWAYRichard J. Lazzara135Proposed VISTABLUE SINGER ISLANDThird Palm Capital58Under Construction 5000 NORTH OCEANKolter Group48Under Construction South Palm Beach 3550 SOUTH OCEANDDG30Under Construction West Palm Beach ICON PALM BEACHRelated Group & RSBC Real Estate Company1,059Planned PROSPECT PLACETime Equities300Proposed BANYAN CAY RESORTBanyan Cay Dev. LLC200Under Construction EIGHTY POINTS WEST11022 Santa Monica Boulevard LP & Ave 51 Partners LP170Planned PARK PALM BEACHParkland Companies105Under Construction NORTHWOOD COMMONSMario Caprini91Proposed ONE WEST PALMMelrose/Camerford Partners, 550 Quadrille & Jeff Greene84Planned TBA (1515 S. FLAGLER DRIVE)GGT Flagler LP, Terrace Mountain Investors III LLC, Great Gulf & Terrace Mountain Investors84Proposed TBA (1309-1311 SOUTH FLAGLER DRIVE)Two Roads Development42Proposed
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