Archive for the ‘33139’ Category

Miami Beach Real Estate: Luxury Waterfront Stats for 3Q 2009

Friday, November 20th, 2009

Much like the high-end condos, Miami Beach waterfront homes had a tough go of it in the early part of this year. But, all told, the impact of the real estate correction will be most felt in the luxury waterfront sector. Our first ‘big’ sale didn’t come until June, and still stands unrivaled.

Venetian Islands: Whaaa?
What really raised my eyebrow was the lack of sales on the Venetian Islands for the first half of the year. During the first half of 2008

Miami Beach Real Estate: 3QT 2009 Stats for Condos in South of Fifth Neighborhood

Thursday, November 19th, 2009

This has been a very interesting year. I’ve said before that the SoFi neighborhood in South Beach has weathered the real estate storm like a champ. Our busiest time of the year begins with Art Basel at the beginning of December and continues well into June.

For the previous few years, the week of Art Basel has been incredible. Last year was the year of NO action; and it only got worse from there. While inventory languished on the market for the first half of the year, sellers seemed to hear the message. List prices dropped, and dropped fast.

South Beach Real Estate: SoFi Condo Stats for 2QT 2009; Apogee Continues Reign; Price Declines and Huge Drops in Sales

Thursday, August 20th, 2009

Since starting this blog which, which seems like it’s been going on and on for years now, I was really excited to find out that I did a stats post for the EXACT same time period last year.  When doing stats, my goal is to not just give the numbers but to show what they […]

Versace’s Ocean Drive Home-Casa Casuarina

Saturday, April 4th, 2009

The former Versace residence, located at 1100-1116 Ocean Drive in South Beach Casa Casuarina was built in 1930 and modeled after the Alcazar de Colonin Santo Domingo, a residence built in 1510 by the son of Christopher Columbus and reputedly the oldest existing house in the western hemisphere. Gianni Versace purchased the building in 1992 for […]

Miami Beach Real Estate Raffle: Win a South Beach Condo For $100

Friday, February 6th, 2009

Click here for more info. The prize is described as follows: The winning prize is a stunning 1-bedroom waterfront condominium on Miami Beach, Florida. This 850 sq. ft. condo has been exquisitely renovated and comes equipped with travertine marble floors, granite counters, stainless steel appliance and custom built-in cabinetry. Veterans Retreat will pay for all […]

South Beach Real Estate Shock and Awe: SoFi Luxury Condo Sales Up 41.9% Over 2007

Wednesday, February 4th, 2009

In my last post on real estate statistics for Miami Beach condos in South Beach, A LOT was revealed by comparing 2007 to 2008 data for condos in the South of 5th / SoFi neighborhood. And now, here’s more information from the Southeast Florida Regional MLS that indicates this area has performed amazingly, especially considering the […]