Miami Beach Real Estate Blog

Miami Beach Real Estate Blog

Tuesday, May 14, 2013

When one begins a search for homes in the metro Miami area, many will tend to look at waterfront homes in island communities, without the knowledge that there are incredible homes ON the beach. Golden Beach is a neighborhood above Sunny Isles that has incredible waterfront homes. It is just a 15 minute drive from South Beach and a short distance from the incredible dining and shopping in Sunny Isles. The closest airport is Fort Lauderdale International Airport and it is 15 minutes away. Homes in this neighborhood are the epitome of luxury and are all in the millions of dollars complete with every imaginable amentity.

Our featured home in Golden Beach is a classic Mediterranean Style home with 150 feet of direct oceanfront. It was built in 1936 and has a main house, guest house, cabana, and staff quarters. It has been completely updated and has impact glass and marble flooring throughout. Some of the amenities include a large media room, formal living room, informal living room, chef ready kitchen, and incredible views of the ocean. It has a perimeter wall for security, and the lot is expertly manicured and is over 42,000 square feet. The main home has 8,498 square feet of interior space and has 6 bedrooms, 5 baths, and 2 half baths. This home lacks little in terms of amenity, appointment, and comfort and is listed at $13.5 million. To schedule a showing, contact us today.

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Tuesday, May 07, 2013

2555 Lake Avenue in Miami Beach has been listed on the market for $15.9 million. This home was originally built in 1941 and was once owned by William Pawley, whose son was once engaged to Elizabeth Taylor, and who also is the namesake for Pawley’s Island in North Carolina. It has been completely renovated and is in impeccable condition. The interiors are entirely designer and modern. The kitchen is chef ready and sleep, and it has an incredible romantic pool and pool house and has lush landscaping. The home has 9,146 square feet of interior space and holds 7 bedrooms and 9 and 1 half baths. Sitting on a waterfront lot over 35,000 square feet, it is ideal for those with a yacht. This truly is an example of a luxury renovation that has respected the integrity and history of the property, yet added every amenity possible.

This home is located in the gated community of the Sunset Islands. The Sunset Islands are a man made chain of islands just off of the main island of Miami Beach. They are guarded 24 hours a day, and they retain a decidedly homey feel, with residents out enjoying the Miami weather year round. It is seconds from the heart of South Beach and a very short 15 minute drive from downtown via the Venetian Causeway. Lots are a mix of dry and waterfront and the homes vary widely in style. It is a 25 minute drive from the Miami International Airport and is a 20 minute drive to the international shopping destination of Bal Harbour. For more information on this incredible home, contact us today!

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Tuesday, April 30, 2013

Hisbiscus Drive is the main drive on Hibiscus Island in famous chain of islands that comprise Miami Beach. Its’ neighbors are the famed Star Island and Palm Island. It is situated between South Beach and Downtown Miami, via the 395 or MacCarthur Causeway and is considered one of the most desired areas of real estate in Miami. Hibiscus Island is connected to Palm Island and they share a 24 hour guard gate and community park. The neighborhood is exclusive, and retains a true feeling of community with the park that includes basketball courts, racquetball courts, park, and tennis courts. Homes on Hisbiscus are generally in the millions ranges.

280 S. Hibiscus is an unusual listing in that it is really quite new. New contructions on Hibiscus Island are unusual given the very high land values, however this one, completed in 2011, is stunning and certainly is worth the list price of $7.9 million. The home sits on a waterfront lot of 10,500 square feet and is in the Mediterranean style. It has a boat lift and additional dockage, which is framed by a stunning infinity edge pool. The house itself is 6,201 square feet and includes 6 bedrooms and 7 and 1 half baths. It has any and every amenity and upgrade requisite of a luxury home on Hibiscus including top of the line appliance, flooring of Brazilian teak, Italian marble, and imported tile, and all furnishings are designer. For more information on this home and others on Hibiscus Island, contact us today.

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Tuesday, April 23, 2013

Edward DeMarco, the acting directory of the Federal Housing Finance Agency, said “we are seeing signs of recovery in the housing market across a number of dimentions” last week in a Senate Committee on Banking, Housing, and Urban Affairs. This comes as no surprise to us in South Florida, where new developments are being announced daily and the inventory is shrinking, driving home prices up. DeMarco referred to the net income increase for the fifth consecutive quarter released by lender Freddie Mac, which is an indicator in the ability of borrowers to repay loans. Further, the National Association of Realtors recent data showed constrained inventory for re-sale homes, which is at a 4.7 month supply. Last year at this time the supply was at a 6.4 month supply and FHFA indices show that home prices have risen by 6.5% from January last year.

According to DeMarco’s testimony, government sponsored enterprises will remain dedicated to foreclosure prevention and loan modifications. Since 2008, Fannie Mae and Freddie Mac did 1.3 million loan modifications and 665,000 loan repayments, and accomplished 150,000 forebearance plans. Demarco testified that these GSEs provided support for 2.2 million families struggling to make mortgage payments. While it is still to be determined what role the federal government will continue to play in housing finance, lawmakers are likely to consider these numbers carefully. Demarco concluded his statement with the following sentiment “While is it ultimately up to lawmakers to provide an answer, in my opinion the main purpose in addressing housing finance reform should be to promote the efficient provision of credit to finance mortgagees for single family and multifamily housing. An efficient market system for providing mortgage credit to people who want to buyer a house should have certain core characteristics: it should provide consumer choice, it should provide consumer protections, it should allow for innovations by market participants, and it should facilitate transparency.”

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Wednesday, April 17, 2013

Yet another mega mansion has been listed on the Miami Beach real estate market place. Matt Damon’s home, 6020 North Bay Road, has been listed on the market for $20 million. This home has 7 bedrooms and 10 baths with a 2 bedroom guest home on a double lot, overlooking the Biscayne Bay. This home is on a 43,000 square foot lot and the home is 12,705 square feet. It has 170 feet of waterfront and some of its incredible amenities include a theatre room, gym, private terrace off master suite, rooftop terrace, and incredible spa quality master bath. Considering the scale of the home and the desirability of the location the home is priced to sell, even if the sticker tag shocks some.

North Bay Road is home to celebrities, financiers, and families and has a wide variety of luxury homes to choose from. The styles in North Bay Road range from ultra modern, to classic, to Mediterranean. Some reasons why this neighborhood is esteemed is its’ proximity to Downtown Miami, the Miami International Airport, and the fact that it is within Miami Beach. South Beach is minutes away with the nightlife and gourmet dining, and the shopping mecca of Bal Harbour is a ten minute drive. There are two golf and country clubs nearby, one private and one public, and they are both award winning and frequented by the highest Miami Beach society. Living the luxury lifestyle is simple in this neighborhood. For more information on the North Bay Road neighborhood and available listings contact us today.

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Wednesday, April 10, 2013

Allison Island is the furthest north island in the barrier chain of islands that make up Miami Beach. It is comprised of half townhomes in Aqua at Allison and half gated community of single family homes. The single family homes are all waterfront and have some of the most desirable real estate in South Florida. Located ten minutes from the nightlife in South Beach and ten minutes from the world class shopping of Bal Harbour, this location is prime for those commuting or second home owners looking to take advantage of all the boating opportunities that Miami has to offer since most of these homes are on the water. The inventory is tight in Allison island, as it is across Miami Beach and there are currently 3 homes listed for sale.

We are pleased to feature 6300 Allison Rd this Waterfront Wednesday. This listing is pristine and was renovated tastefully in 2009. It has a pool, dock with boat lift accommodating 16,000 lbs, and has a guest home with garage on a corner lot. The interior of the home lacks nothing in terms of amenities. The kitchen is complete with all state of the art Viking appliances, there is a formal dining room, and eat in kitchen, hurricane impact windows, and marble floors. The driveway is gated for added security and it has western exposure for enjoying the incredible Miami sunsets. With 4200 square feet and 6 beds, 4 baths, and one half bath, it is a perfect family home in the heart of Miami Beach. For more information, contact us today!

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< Back
Classic Estate for Sale on Allison Island
September 16, 2013
Allison Island is one of the northern man made islands that comprise Miami Beach. It is...
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