Miami Beach Real Estate Blog

Miami Beach Real Estate Blog

Tuesday, August 06, 2013

Rarely do we  see a brand new home in Miami Beach. Vacant land is scarce and the permitting is no easy task. Our featured listing is a completely modern home on Sunset 2 that is scheduled for completion in September. It will be over 10,000 square feet of interior space on a 20,000 square foot waterfront lot. It is a masterpiece by acclaimed designer Bart Reines and is listed at $16.5 million. It will be complete with a koi pond, abundant courtyards, and stunning common areas. This home will have the latest in technology and amenities and a price tag that is commensurate with the stunning architecture and appointment in the Sunset Islands.

The Sunset Islands are to the west of the Miami Beach main island and in minutes you are in the heart of South Beach. They are guarded 24 hours a day and have some of the most stunning homes in all of Miami. It is just outside Sunset Harbor, which is the one of the best enclaves in South Beach housing a Publix, Panther Coffee, Fresh Market, and a number of popular boutiques and dining options. Miami International Airport is a short drive away and Downtown Miami is just a short drive across the scenic Venetian Causeway. For more information on this home and others in Sunset Island, contact us today.

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Friday, August 02, 2013

Our featured listing is on La Gorce Court which is on the prestigious La Gorce Island. La Gorce Island is one of the small islands on the north end of the island of Miami Beach. It is in close proximity to the only private club in Miami Beach, the La Gorce Country Club, which is an elite golf, tennis, and lifestyle facility. La Gorce Country Club has a 18 hole championship golf course, full tennis pro center, and formal and casual dining. Being at the tip of Miami Beach has distinct advantages as well. It is located just minutes from South Beach and also minutes from the incredible shopping of Bal Harbour. For all of these reasons, this is an incredible area to live in and the real estate prices are very high.

98 La Gorce Court is newly listed and is on the market for $16.9 million. The home has 8 beds and 7.5 baths and is in a modern style, common to Miami. It is massive with over 7800 square feet of interior space alone and the lot is oversize with nearly 33,000 square feet. It overlooks the Biscayne Bay and the sunsets are simply magnificent and can be enjoyed from most rooms. It dockage that can accommodate a yacht up to 160 feet, and has a separate guest house with a 3D home theatre. This home lacks nothing in terms of amenity and appointment. For a showing, contact us today.

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Monday, July 22, 2013

Miami is a visual city. The rich architecture, incredible designs, and stunning landscaping make the outside of a home appealing, while the inside of the home gives a prospective buyer an idea of what their home will look like when it is complete. We recommend that if a home still has furnishings in it, that the personal effects be removed. This presents a blank canvas for the new homeowner to envision their effects in. When a home has lots of square footage, but lacks furnishings, you may find yourself in another pickle, since a new homeowner may find the task of furnishing such a home to be difficult. There are many new design houses in the neighborhood, as well as art galleries that can assist you in this endeavor to create staging that benefits your listing and helps it sell. Here are some tips for staging a luxury listing. If you are thinking of selling your home, contact us today!

  1. Furnish the Floors. Whether your floors are hardwood or tile, area rugs in neutral shades with pops of color are popular amongst staging experts. A pop of color in a rug with a pop of color in a decorative pillow can add just a touch of style without overwhelming architecture and views. Colors we recommend mimic the ocean and waterviews, so teal is an excellent choice, and coral is shown to improve mood.
  2. Hues that Deliver. When staging with furnishings, always go with neutrals. First of all, they are easy to design around. In the Miami market, shades of off white with shell details are always popular. As mentioned the previous tip, you will notice that pops of color also are popular. In terms of apolstry, softer the better, while retaining shape.
  3. Art that Accentuates. While we recommend that a home be relatively sparse in terms of human effects, art on the walls is a plus. Staging a home with art has many benefits and some of the best are staging with photography. Some of the most popular are photographs of Miami in the older days. Classic older shots are increasingly popular and are also selling tools for the home!
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Wednesday, July 17, 2013

Casa Casuarina, otherwise known as The Versace Mansion, will be up for public auction on September 17, 2013, at 10 am. This over 21,000 square foot estate located directly on Ocean Drive was originally listed at $125 million, then reduced to $100 million, and most recently, listed at $75 million. The home occupies two full lots and has ten beds and eleven baths. It would not be an overstatement to say that every single inch of this estate is custom and the amount of 24 carat gold in the estate would amount to a million dollars at least. This was a 1990’s equivalent of a castle. Despite the tight inventory, this home underwent a number of price reductions due explicitly to its’ past and the amount of upgrades.

The home was built in 1930 and has had a number of owners who used it as a private home to most recently, as an events facility. The owner of Barton G. restaurant most recently used the space for events and private affairs, however as his own restaurant has been overshadowed by more restaurants on the beach, he has been forced to sell. Bidding on this estate will not be something just anyone can do. It requires a $3 million deposit into an escrow account and proof of $40 million available funding. This will be a very exciting day in real estate to be sure. For more information on bidding and this listing, please contact us today.

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Thursday, July 11, 2013

The New World Symphony made one of the largest profits off the sale of the Plymouth Hotel this week. The Plymouth sold for $18.25 million and was only appraised at $1.3 million. BankeUnited funded the new owners with $15 million to renovate the property. It located just at the edge of South Beach at 336 21st and has 95 units withint 40,000 square feet. It was originally built in 1926 and there is some debate as to how much the hotel will be renovated. One thing is for sure; this sale represents the dramatic reduction in inventory as well as the incredible demand for commercial property.

It is now owned jointly by two interests in New York, who formed Plymouth Hotel, LLC. The LLC managers are Shawn Vardi, Mark Shemel, and Hunter Gellin, and will be managed  by Think Hospitality. Shemel released this statement regarding the future of the Plymouth, "We are planning two hotels and would also like to restore the historic facades and original signage to bring the properties to their original form.” This will be a welcome addition to Miami Beach and we will continue to report on the project as it develops.

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Thursday, June 27, 2013
Tags:   Indian Creek Homes, Miami Beach homes

There are few places that party like Miami does, especially on the 4th of July. It seems the entire skyline is aflame on the 4th and it really is. With all of the water, fireworks are a natural companion. Here are our recommendations for 4th of July Celebrations in Miami. Keep in mind that there are many onlookers and guests from out of town, so make sure you arrive early to all of the festivities and be especially early to the festivities in Miami Beach. Happy Independence Day!

Bal Harbour Beach  Fireworks run from 9:00pm- 9:25pm. The display is best viewed at the south jetty of Bakers Haulover Inlet.

Coconut Groves Peacock Park  Family festival all day with Fireworks beginning at 9:00 pm, be sure to have some food and hop in a bounce house! 2820 McFarlane Road, Coconut Grove

Biltmore Hotel Coral Gables  At 7pm enjoy the sounds of the Miami Symphony and at 9 an incredible fireworks display, as Coral Gables celebrates the 4th. This elegant affair is free and there are shuttles for parking.

City of Miami Beach Located on 8th and Ocean in the heart of South Beach this even is all about the fireworks and starts at 7pm and goes well into the evening. Bring beach chairs and blankets and enjoy!

Key Biscayne Fourth of July Parade From 11am to sunset Fireworks there is a parade, bounce houses, and fireworks all free to the public. Enjoy a beach day while you are at it, since the beaches on Key Biscayne are some of the most delightful in Miami.

Bayfront Park: From 3pm festivities to the 9pm fireworks display, this downtown Miami landmark has some of the most extraordinary fireworks in Florida and it is all over Biscayne Bay.

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