Please enjoy our video below of a two bedroom, split floorplan apartment at Cite Condominium located in one of our favorite urban neighborhoods North Bayshore Drive across from Margaret Pace Park.
Paramount on the Bay - this project has been plagued since day one with problems from a deadly crane accident destroying the historic home used in the movie “There’s Something About Mary” to the original developer losing the property to default. Currently the new building’s owner is pouring $14mil into renewing the unused common areas, entries, and port cochere driveway. As of today the building is still not quite ready to begin sales even though the property has essentially been completed for two years - it’s a bit shocking and dissappointing to be honest.
The upside to the delays is that Paramount will be the only brand new, full lux building coming online in 2012 in the Downtown Miami area. Paramount’s units all feature private elevators & foyers, oversized balconies (some as large as 3,000sq/ft!), and high-end appliances - combined with a flow-thru East-to-West design there isn’t a condo at Paramount that lacks for view from the new Marlins Dome to Biscayne Bay.
Huge one bedroom loft space (over 1,200sq/ft) at Parc Lofts, this one is currently a rental with a well below market asking price of $1,450/mo!
Strange how things work out, a visiting friend asked me about The Filling Station project on the 15th and the next day the Miami Herald had this article:
A Failed Condo or a Plot to Save Millions?
You may also remember back in May when I posted that the cranes and other machinery were pulling out. Interesting times in Miami!
Here is a video walkthrough of a “two bedroom” space (about 1,550sq/ft) at Parc Lofts one, if not the only, real loft space in Miami. Built ground up to reflect the style and construction of industrial lofts this building has a very limited number of units available at any time.
Here is a quick tour of a high floor unit at Quantum on the Bay, this is an 02 line which is the NE corner of the South tower. This is one of my favorite two bedroom layouts in the building with great water views of Biscayne Bay, South Beach and the new Paramount Bay Condo.
Here is what my mortgage contact gave me today:
BRICKELL
Avenue on Brickell (1050/1060 Brickell Ave)
500 Brickell
Brickell on the River South Tower
Infinity
The Ivy
DOWNTOWN
Marina Blue - some units
PERFORMING ARTS
NORTH BAY VILLAGE
360 Condo
Today’s update:
One Miami, The Loft Downtown 1, Marina Blue, and 1800 Club - all rented. The last unit that ARMiami currently has exclusively listed is the amazing Four Seasons condo, #41D.
Stunning North views of Brickell and the Bay, no? You can click on each photo to see an even larger image.
Sadly the tenant broke the lease on unit #2311 at 1800 Club and it is back on the market. Don’t wait around on this one, it will rent again VERY quickly! The unit features wenge-style wood floors, window treatments, and fully shelved walk-in closet plus it has a half bath for guests. The 11 line are the only one bedrooms at 1800 Club that feature water views, all others face West towards Miami city.
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).
