Archive for the ‘Big Ones’ Category

Miami Beach Real Estate: Netscape Founder, Jim Clark, Lists Setai South Beach Penthouse for $27M, PH B Sells for $15M

Tuesday, June 8th, 2010

Miami is bringing BLING! Jim Clark, founder of Netscape and developer of two downtown Miami condos, lists PH Villa A for $27M. Andrew Barroway of Philadelphia sells PH Villa B at Setai South Beach for $15M.

Apogee South Beach: Michael Caine Lists; Vitamin Giant Andrew Lessman Sells; New to Market: $9M SW Corner

Saturday, May 1st, 2010

Well, well, well.  Apogee.  Uh huh.  Where to start.  Let’s start with the celeb stuff: Michael Caine lists four bedroom, three-and-a-half bath “01” SE corner unit for $6,995,000.  No news on why or what’s next.  No interior shots to show you.  I got nuttin’.  Here’s a standard floor plan for the “01” line. HSN vitamin behemoth, […]

Miami Beach “Castle” Sells to MTV Exec Bill Roedy for $4.42M

Wednesday, April 14th, 2010

The famous “Castle” will be a distant memory, soon!  Bill Roedy, Chairman and CEO of MTV Networks International, has purchased the land for $4.42M. The house “mysteriously” burned to the ground on July 17th, 2009, under very dicey circumstances.  Well, the new owner, who now lives at luxe Il Villaggio on South Beach plans to, […]

Real Estate Developer Sells Miami Beach Estate for $4.6M

Thursday, January 7th, 2010

Richard Meruelo, a principal of Miami-based Merco Group and CEO of Los Angeles-based Meruelo-Maddux Properties, has sold a property at 5745 Pinetree Drive in Miami Beach for $4.6M. Meruelo and his wife, Maria, bought the real estate, an 8,600 sf Mediterranean-style manse, and adjoining lot, in 2005 for $5.6M.

Miami Beach Luxury Real Estate: Reduction of the Day -1350 S. Venetian Drive

Monday, December 14th, 2009

I believe the high-end waterfront home sector in Miami Beach will be the story of 2010. Here’s why: Inventory is way up, homes have been sitting on the market for record amounts of time, and number of real estate transactions are way down.

Miami Beach condos have been pummeled in the media for years. Prices have dropped big time, except for the South of Fifth neighborhood. Inventory is decreasing and number of transactions are up—way up. Not the same for waterfront Miami Beach homes…

Miami Beach Real Estate: North Bay Road Waterfront Sells For Over $7M LESS than Original Ask

Friday, October 9th, 2009

On market for over three years, 2046 North Bay Road sells for $9,750,000 Originally listed for $17M, 2046 North Bay Road is sited on a 38,314 sq. ft. lot.  The newly-constructed  14,582 sq. ft. home sold for $668.63 psf.  The estate has seven bedrooms, nine bathrooms, two half-baths, and a four car garage. Prior to this […]