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Miami Beach, FL Real Estate News

By Miami Beach Condos and Homes
(www.miamibeachcondosandhomes.com)
Miami Beach homes have never been more affordable than they are now. Median prices have plunged, mortgage rates remain unusually low and the U.S. government is giving first time buyers an incentive to take the step towards homeownership. Like any major investment, especially something as big as a home, it’s important to do your homework. If you’re looking to buy Miami Beach homes within a short timeframe, it’s probably not the best way to go about things. Always start off by taking into account what you can and cannot afford and how the additional costs of homeownership will affect your finances. Homes are constantly appearing on the market for sale so make sure you take your time in browsing through properties before making snap decisions on a home you may not be satisfied with. Speaki...
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By Miami Beach Condos and Homes
(www.miamibeachcondosandhomes.com)
After browsing through the large selection of Miami Beach condos you’ve finally come across the one you’d like and you’ve already done the research and chosen the best mortgage lender to business with. Before simply signing off on the dotted line, it may be worth your while to take a good look at the closing costs and how can you reduce the amount. Closing fees can vary between loan-origination and third party fees, the lender can easily explain which fees fall under which category. You’ll usually find these listed as numbers starting somewhere in the 800 range up to the 1300s, most of which can be negotiated. Third party fees when closing on Miami Beach condos are a little tougher to negotiate and you’ll find some of them like credit report and appraisal in the 800s. However the 1100 r...
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By Miami Beach Condos and Homes
(www.miamibeachcondosandhomes.com)
Home sellers, how are you promoting your Miami Beach homes in the current market? We all know that a well devised marketing plan is an essential component in seeing even the slightest hint of potential buyers knocking at the door but how far reaching is your marketing strategy? The internet has become a required complement to a truly effective home marketing plan. There are numerous free resources available you can use to your advantage when promoting Miami Beach homes. Some popular real estate websites have taken a page from sites like YouTube and have incorporated video into their sites, allowing you to post interactive blogs with video walkthroughs as well as detailed information on the property itself. Always remember that when using the internet, Miami Beach homes can reach a poten...
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By Miami Beach Condos and Homes
(www.miamibeachcondosandhomes.com)
Remodeling Miami Beach homes or any home is very common, the differences lie in just how large, time consuming and costly the project in question might be. There are numerous remodeling projects in which one can take the DIY approach and then there are the massive ones which require significant preplanning and can spiral out of control. It’s these types of projects where an architect might come in very handy. It’s quite understandable that some people would rather opt against hiring an architect to work on their Miami Beach homes since they can be a little expensive but since they already have the groundwork set up and know how to take care of common problems, their experience can be invaluable. Plus, any worries you may have about whether the people you’ve hired are competent to take o...
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By Miami Beach Condos and Homes
(www.miamibeachcondosandhomes.com)
March turned out to be a good month for real estate as sales skyrocketed over 100 percent in Miami-Dade County. Once again, it was the reduced mortgage rates, government implemented tax perks, and inexpensive prices for Miami Beach homes that drove buying activity last month. The month of March continues an eight month streak of home sales increases when compared to 2008. Miami Beach condos as well condominiums in neighboring Broward County also saw encouraging buying activity along with traditional single family homes. Despite this, it’s still best to approach it with a healthy dose of cautious optimism. One of the biggest culprits in driving down the housing market continues to be the persistent drop in prices for Miami Beach homes, albeit in not quite as dramatic numbers. Since there...
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By Sildy Cervera
(RCRS Miami Beach)
Miami Beach condos have become legendary for their opulent designs and lavish services provided. These oceanfront condos in the heart of South Florida’s most exciting community used to command mind boggling price tags that could only be purchased by elite high-end condo buyers. But three years of recession have brought Miami Beach condo prices into a realm of affordability that lets the upper-middle class live like nobility. For $150,000 dollars a condo buyer can live in the luxurious Blue Diamond condo in the heart of Miami Beach on Collins Avenue. Each condo unit in the Blue Diamond comes with nine-foot ceilings, deluxe marble bathrooms, Italian kitchen cabinetry, luxury Jacuzzi tubs and spacious balconies with breathtaking ocean views. Amenities for this condo are double whirlpools, ...
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By Sherry Roberts
(South Beach Boutique Realty)
Most real estate professionals will say investing in a condo is not as good as investing in a home. This “blanket statement” is untrue as condo investments can be just a lucrative if not more lucrative than home selling. If you own a condo and are upgrading to a home, the question you should ask yourself is, “Do you have to sell the condo”? Traditionally homes appreciate in value a lot more than condos, which is why most people think they are such superior investments. But condos have additional ways to generate capital. Renting out a condo is significantly easier than renting out a home and can generate stable income over a long period of time. Many people buy condos, then in a couple years want to upgrade their real estate investment to a home. They sell their condo and use the money ...
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By Sherry Roberts
(South Beach Boutique Realty)
House hunting is quite possibly the most tiring process imaginable. Sifting through thousands of homes looking for the right price, location and conditions can take months if not years. Can you imagine what it was like before the internet? But, thanks to the innovation of internet this still difficult process is made simpler. The internet allows house hunters to pick a list of viable candidates before venturing out for further inspection. Putting together a good list of condos or homes for sale should be around 20 homes from both listings on the internet and advertisements in print media. After a house hunter has acquired the list of homes for sale, they should take a day to venture to each listing and see the curbside appeal and neighborhood of each home. This will help the house hunte...
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By Island Insiders
(Island Insiders)
Oceanside is a beautiful Fisher Island condo with one of the nicer views on the whole island. Being less than a mile from the southern coast of Miami Beach, Fisher Island has some beautiful views of Biscayne Bay, Atlantic Ocean, Downtown Miami and Miami Beach. Only a couple Fisher Island condos have views of all these scenic vistas and Oceanside Village is one of them. Oceanside is famous for its views both from its coastal position and inland at the beautiful Fisher Island Golf Course. Oceanside condo in Fisher Island is a beautiful ten-story mid-rise condo with a variety of layouts from two bedroom to four-bedroom condos with up to 5,090 square-feet. Oceanside is one of the most popular condos in Fisher Island and has around 134 units within its condo complex. Residential features for...
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By Island Insiders
(Island Insiders)
Bayside Village has a classic Fisher Island look but is frequently renovated to maintain its high-quality appeal. Each unit of this beautiful Fisher Island condo is designed to optimize the Fisher Island living experience from its spacious balconies to fine interior design, fixtures and appliances. There are a variety of layouts available in this condo from two-bedroom suites to four-bedroom penthouses with up to 6,438 square feet of living space. This six-story low-rise condo building is designed to have fewer units with more square footage. This allows residents to have more privacy and comfort in the community itself. Residential features for Bayside Village are multi-use living space for office or extra guest quarters, wood cabinetry with designer hardware, granite countertops, stai...
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By Island Insiders
(Island Insiders)
When it comes to buying Miami Beach condos, condo enthusiasts have variety of condo-types to choose from. Those looking for chic, contemporary condos in Miami Beach hotspots may choose to live in South Beach. Those looking for classic condos in extremely quiet and safe neighborhoods can choose to live in Indian Creek. But an option that optimizes luxurious living is the choice to live in a Fisher Island condo. Fisher Island is a 216-acre private island with incredibly luxurious real estate at every corner. There are plenty of homes for sale on the island, but most Fisher Island residents prefer their one-of-a-kind condos. The island has many amenities and features that further enhance its beautiful Miami Beach island lifestyle. One of the defining characteristics of Fisher Island is its...
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By Condo Vultures, LLC
(Condo Vultures® LLC)
South Florida's residential real estate market has less than 90,000 single-family houses, condominium units, and townhouses for resale, a drop of 16.6 percent since November, according to a new housing inventory report from Condo Vultures® LLC.The number of available resales in the tricounty South Florida area of Miami-Dade, Broward, and Palm Beach counties dropped by 0.8 percent, or 708 residences, in the last week ending April 27 on a week-over-week basis, according to Condo Vultures®.In the last seven days, single-family house resale inventory dropped 1.1 percent, or 396 residences, to 36,658 in South Florida. Condominium unit and townhouse resale inventory dropped by 0.6 percent, or 312 units, according to the report."Single-family houses are coming off the resale market at a slight...
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By Bria J. Toulemonde, CDPE
A common debate amongst real estate agents is whether or not open houses really work.  Some sales agents have stopped holding open houses entirely while others diligently continue the practice. A successful open house does not have to cost a lot of money, nor does it have to be very elaborate.  In fact, the simpler the event the better since the goal is to get attendees to pay attention to the property not fancy cocktails, raffles or other distractions. I personally feel that open houses are an important part of a property's marketing strategy.  My standard marketing program calls for two separate open houses during the first 30 days of property marketing. The first open house is hosted within 1 week of listing.  This is a private open house for real estate agents and brokers only.  Th...
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By Bria J. Toulemonde, CDPE
As the number of homeowners facing foreclosure rises, so does the number of scam artists offering bogus services and solutions for a fee.  How does a homeowner know who to trust? My recommendation to homeowners in distress is to consult with their neighborhood Realtor, preferably one with experience in distressed property situations.  A good Realtor does not just focus on sales, they also focus on strengthening their communities - this includes helping homeowners in distress find legitimate solutions and alternatives to foreclosure.  If your situation cannot be solved by selling the property, your Realtor can refer you to a reputable professional who can assist you with your specific needs.  Facing foreclosure is overwhelming - working with a trusted professional can help reduce stress ...
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By Mott Marvin Kornicki, Miami Notary & Apostille 786-229-7999
(Waterway Realtors® • Notary Public & Apostille)
CONTINUUM TOWERS // SOUTH BEACH // SOUTH OF FIFTH Continuum Towers consists of two ultra luxury towers at the very southern tip of Miami Beach // South Beach in a neighborhood known as "South of Fifth" or "SoFi" North Tower at 50 South Pointe Drive with 214 units 26 stories and the South Tower at 100 South Pointe Drive with 312 units 32 stories. South of Fifth is one of the most desirable locations in all of Miami and perhaps the world. Fine dining, beautiful people, nightlife, the most awesome views of the Atlantic Ocean, The Port of Miami, Fisher Island, Downtown Miami and The Miami Beach Skyline- Make SoFi YOUR home! Mott Marvin Kornicki, Associate/Realtor® • Aventura • Bal Harbour • Bay Harbor Islands • Fisher Island • Golden Beach • Hallandale Beach • • Hollywood Beach • Miami • Mi...
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By Allan Kleer
(The Kleer Team)
The state of the Miami Beach Real Estate sales industry is currently in a state of change and consolidation. Having started my career in 1998, I have been very much successful during the "boom" market of 200-2006 and in the current "bust" market. During the "boom" years, everyone and their uncle had a real estate license. Real Estate was "the" topic of discussion- due both to the lucrative commissions and also the cultural and social appeal of shows such as House Hunters, HGTV, etc. Everyone wanted to be part of this Real Estate phenomenon, and this was easily attainable via easy mortagages and equity lines of credit. The "easy" money in earning a real estate commission from the sale of a property is long gone. Today's market requires Agents and Brokers who have strong organizational sk...
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By Sep Niakan, Luxury Real Estate and Condo Specialist
(HB Roswell Realty)
FLORIDIAN Condo in South Beach is one of the many buildings in Miami Beach that is experiencing large price reductions in its units, which offers buyers a great opportunity to buy a waterfront condo in South Beach at a large discount. Below are some FLORIDIAN condos at discounted prices.     Floridian Condo in South Beach Unit 304 1/1 $ 160,000 SHORT SALE Floridian Condo in South Beach Unit 601 2/2 $ 210,000 SHORT SALE Floridian Condo in South Beach Unit 1112 2/2 $ 290,000 SHORT SALE Floridian Condo in South Beach Unit 1610 1/1 $ 294,000 SHORT SALE Floridian Condo in South Beach Unit 1008 3/2 $ 329,950 FORECLOSURE   Recent Sales in Floridian Condo South Beach:   Unit#      #Beds      #FB      Square Feet         Sale Price         Sale Date 2001           2         2           1147     ...
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By The Jills
(The Jills)
Selling Miami Beach homes isn’t quite as easy as it once was. Sellers need to come prepared, taking care of all the necessary items beforehand in order to avoid any problems later on that could hinder a sale of a home or cause it to linger on the market more than it needs to. While we can’t account for every possible situation, make sure you aren’t doing these mistakes during your own selling efforts. Before putting your Miami Beach homes up for sale, make sure it’s presentable. This means that not only should it look nice, there shouldn’t be any reason why you need to do repair, maintenance or retouches once it’s listed and buyers are knocking at your door. Also make sure that these retouches or improvements aren’t affecting your pocketbook too much or that they’re making the home look...
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By The Jills
(The Jills)
Anyone who has attempted to sell Miami real estate in the current market knows that time is of the essence and there is little room for error if the seller is expecting to find a buyer within the shortest amount of time possible. Use the following examples to make sure your property isn’t idling on the market unnecessary. Always make sure that the home is in the best condition to sell before putting it on the market. Realizing that there are cracks in the wall or the yard is clearly messy during a showing is a major Miami real estate deal breaker. At the same time, don’t get too carried away. The home should look its best but it shouldn’t be improved to the point where it doesn’t “match” the neighborhood or requires that the asking price be hiked up. One of the biggest blunders Miami re...
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