Archive for the ‘Miami Real Estate’ Category

Miami Beach Real Estate: Sunset Island Lots Sell for Near Record $22.5M. UPDATED

Wednesday, October 8th, 2008

There’s a Big Difference Between Gossip and Good Information An exclusive here,  I first reported that the five lots on the tip on Sunset Island #2 in Miami Beach were under contract;  what wasn’t known was the price or the buyer.  Ask and you shall receive: Closing Date:  10/2/2008 Price: $22,500,000 Buyer:  Frenchmen & Women, L.L.C.  No […]

Why Isn’t Miami

Sunday, October 5th, 2008

….#1? For everything I have read, and I read A LOT, you would think that Miami real estate is down for the count. Lately, there have been some articles and reports that suggest that the Miami real estate market MAY be starting to bottom out. I haven’t hypothesized on any of them because I believe it’s probably near-impossible to […]

Real Estate Scoop: Miami Beach Trophy Property Under Contract

Monday, September 15th, 2008

$29,000,000 LOT ON EXCLUSIVE SUNSET ISLAND #2 UNDER CONTRACT Rumor has it, from people familiar with the deal, that this 84,000+ sf lot is under contract and is awaiting closing. I’ve done a good amount of research on this lot, and in the last four years, there has been considerable “hoo-hah” (isn’t that a “Palin-ism?”) surrounding this […]

Miami Beach Real Estate Stats: South Beach Condo Market Index

Wednesday, August 6th, 2008

This data is based on information from the Southeast Florida Regional (SEFR) MLS or from the associations participating in the SEFR: for the period of 1/1/2008-6/30/2008. Starting with this installment of South Beach condo statistics, I am adding two new buildings to the mix: Apogee South Beach and Continuum South Beach (North Tower). Miami Beach […]

Miami Real Estate: Could the Reality Lie Somewhere in the Middle?

Wednesday, March 5th, 2008

Yet another article “predicting” the crappy future of South Florida real estate comes to us via tomorrow’s New Times. Bob Norman interviewed Jack McCabe, industry analyst, and here are his predictions for 2008: Home prices will fall by at least another 15 percent. Individual foreclosures will increase 300 percent from last year, when they already […]

This Blogger Has Integrity!

Wednesday, March 5th, 2008

Hat tip to Hayli for the clarification on Monday’s post: Hayli Morrison Says:  Hello all! Banks.com real estate blog writer here. Yep, I’m clueless, but at least you’re reading! Anyway, I fixed the aforementioned problems. I will say that the “popular beach vacation destination” referred to Florida in general, which had four cities on the […]