Here is a great New York Times article:
In Miami, Condo Sales Rise as Prices Bottom Out
about the rise in sales here in South Florida in the Downtown Miami, South Beach, and Brickell areas. Specifically mentioned is Icon Brickell and its current sales health.
Thanks David B for sending me this article!
More videos have been added to the ARMiami channel on Youtube!
Here is a video of a new listing a 2 Midtown Condo that we have. This is a gigantic two bedroom upper penthouse loft with furnishings.
And a tour of a studio at the Roney Palace Condo on Collins Ave, South Beach:
Video tour of a #26 line in the South tower of The Flamingo on South Beach, this is a nice Biscayne Bay-view studio in an active community. The Flamingo has one of the nicest Bayfront, resort-style pools around!
Here’s a nice waterside snapshot of the new Mondrian Condo Hotel - located directly between the existing Mirador North and South towers on West Avenue, South Beach.
Thought I’d share a photo I took a few days again from The Courts on South Beach of The Yacht Club at Portofino.
Great SoBe condo for rent May 1st - 950 Euclid St #301, this is a 2br/2ba right in the heart of Miami Beach.
The apartment is in great shape and has a full compliment of appliances including in-unit washer & dryer and central A/C. Parking is located directly under the building - no permit parking required! Just minutes from anywhere on the beach, 950 Euclid #301 is HOT.
Just listed are a trio of wonderful one bedrooms in the heart of South Beach at 13th & Pennsylvania, the 1300 Pennsylvania Social Club. Flooring is porcelain tile in main rooms and bathroom, bedroom in brand-new, quality carpeting. All stainless appliances including European-style washer/dryer. Italian-style cabinetry with granite countertops. Large walk-in closets in all units.
It had to happen, I’ve just been getting too much interest to ignore the new, burgeoning Short Sale & Foreclosure markets. Starting this week along with our leasing specialization ARMiami is be broadening to cover short sale and foreclosure Buying & Selling. Great deals at the Mirador North and Yacht Club at Portofino were shown to clients and 1800 Club, Ten Museum Park, and Marina Blue are some of our next targets.
It’s time to buy - prices are looking to have bottomed already at some properties like Jade Condo Brickell, a 1 bed there was listed for $250k and lasted just hours before a full price cash deal took that off the market. Just a year ago the idea of a nice SoBe condo for under $250k was a pipe dream but no more - I showed multiple Mirador units that will surely go for less than that, with a little TLC and a few years these should appreciate nicely and make a great residence, vacation spot, or rental unit. At $200k for a 1br you can break even, or close to it which for most owners here in Miami is not the case at all (50% on a new condo is average).
Beautiful isn’t it (and that’s a bad picture)? This is the fully custom kitchen of a unit I rented for a short term client of mine at Yacht Club at Portofino. Great SoFi location and the building has a nice vibe to it. It is also the only luxury building that offers as short a lease as 1mo, everything else is 4-6mo minimum.
