Enjoy Water Views at Bellini Aventura on Williams Island

By Sunny Isles Real Estate Expert on September 16th, 2013

Bellini Williams Island

Bellini Aventura Condo

The end of development on Williams Island is in sight with Bellini Aventura on Williams Island. This is the last structure to be built on the island with no more land left for real estate development. The only way something new can be constructed is by tearing down one of the other buildings. Sophia Loren, a resident of the island, even lent her fame as a spokesperson to market the area as “The Florida Riviera”. This new building, offered by developer Martin Z. Margulies, is set to be a luxurious addition to what is already a luxurious address.

Located Close to Everything

Bellini Williams Island

offers access to everything Williams Island has to offer. The amenities and the shops offered on the island are unbelievable. On top of everything the island has to offer, the new condo building is just a short drive from Miami. Close enough to everything, while still being far enough to create a relaxing atmosphere, this is one place more people would like to call home.

Residential Features

The 24-story tower offers 70 units. Every unit has three bedrooms, but utilizes a different floor plan with varying amounts of space. There are three sizes to choose from, including Unit A (2,235 sq. ft.), Unit B (2,608 sq. ft.) and Penthouses (4,974 sq. ft.). All units include lofty ceilings starting at 10 ft. and going up to 12 ft. in the penthouse units. Because of the unique elliptical shape of the building, every unit has multi-directional water views. Wrap around windows are available to accentuate the fact every unit at Bellini Aventura on Williams Island is a corner unit. Glass balconies complete the ability to enjoy the view of water in every direction.

Every unit at Bellini Williams Island condo boasts European cabinetry that goes perfectly with the Bosch dishwasher and Sub-Zero appliances to create an ultra-modern kitchen any foodie will appreciate. The two-zone air conditioning system allows you to control the temperature for better energy efficiency. Spacious bedrooms and bathrooms make you feel right at home.

Building Features

Residents of Bellini Williams Island will enjoy access to all the features of the building. Residents with children will appreciate the children’s game room and lounge providing entertainment for children of all ages. The 24-hour valet, concierge and fully staffed front desk make it quick and easy to access everything Williams Island and Miami have to offer. Relaxing and staying in shape are made easy with an accessible fitness center and sauna. The private elevators and works of art in the public spaces are all just a part of what you can expect at Bellini building.

Pricing for Luxury Living

The price you pay to enjoy such luxury living can range from $950,000 to $3,600,000 depending on the floor plan and the floor the unit is located on. With everything offered to residents, it makes the choice to live in such luxury an easy one to make.

Pre-Construction Condominium Properties For Sale In Miami

By Sunny Isles Real Estate Expert on December 14th, 2012

Preconstruction Condos Miami

Bellini Aventura Precosntruction Condo

The Miami preconstruction condo market

is heating up once again and preconstruction condominium properties are always options for people who want to purchase something new in this desirable area. First, we’ll take a look at some of the preconstruction properties available and then give some information on how one goes about getting in on the newest condominium properties in Miami’s market.

We are working with top pre-construction developers in Miami to present the best investment opportunities and developments in the area. Our team consists of experienced experts who are very knowledgeable in real estate investments and preconstruction projects. Today we would like to present top preconstruction opportunities for you in the Miami area:

400 Sunny Isles

Located on Sunny Isles Boulevard, this condominium property is slated to have 230 residences in total and in excess of 640 feet of intercostal frontage. An Olympic swimming pool, boat slips and a 4000 square foot spa are only some of the amenities that residents will have available to them at this property. A restaurant and a private beach club are also slated to be available and beach access will be a major draw, to be certain. Prices at this property are slated to start at $650,000 and the property will be completed in 2014. Unit sizes range from 1206 square feet to 1872 square feet.

Apogee Beach Hollywood Florida

A luxury condominium property slated to be completed in 2014, prices at Apogee Beach will start at $1,200,000. This property is being developed on 240 feet of beach and, in every unit, you will have oceanfront views. The property will also include a movie theater, a fitness center and housing options that include two-, three- and four-bedroom residences.

Bellini Williams Island Aventura

The Williams Island is claim to fame as Florida’s Riviera on par with France’s Côte d’Azur and Italy’s Liguria. Nestled just off the Intracoastal Waterway between the mainland and the Atlantic, Williams Island is a private community where Bellini project will rise among existing residences — the last building to grace this urban paradise. It will be a gated community located on the 80-acre island. The yacht owners can dock vessels up to 160 feet long among 106 slips. Full dock master service is provided. Easy access to the Atlantic via Haulover. Slips are available for short-term or annual lease.

All residencies will offer spectacular views on the Intracoastal and the ocean. The residents will be able to enjoy 16 tennis courts, 3 restaurants, 27,000 square foot spa. In addition, each building has its own pool, residents enjoy gathering at a community swim area adjacent to a restaurant.

Chateau Beach Residences

Collins Avenue is one of the most prestigious locations in all of Miami and this condominium property, planned for completion in 2015, certainly fits right in. In the end, the building will be 33 stories but will have 84 residences in it in total. Prices will start at $1,900,000. The luxury amenities available to residents will include a spa, a wine lounge and a ballroom, a fitness center with ocean views and relaxation terrace. A cigar bar with humidor boxes will also be available at the property.

Porsche Tower Sunny Isles

The Porsche Design Tower will have 57 stories and will be located at 185th Street and Collins Avenue. It will have @ 132 private residences. Most will have a two car garage (four cars also available) in their unit and most will have a private swimming pool on their huge balcony. This will be a partnership with
Gil Dezer of Dezer Development, (who built six oceanfront towers with Donald Trump) and the
Porsche Design Group from Germany.

Mansions at Acqualina Sunny Isles Beach

Exclusively for those with only the most opulent of tastes, the Mansions at Acqualina will fill and pervade all of your senses. From the fresh air, to the sand between your toes and waves crashing along the coastline, living the life of luxury has never been so sweet. Exceeding every expectation ever set out by any builder across the country, the talented international team of both architects and craftsmen has pulled together in an effort to make this delicious enterprise a reality.

Getting In On The Preconstruction Condo

Purchasing a preconstruction condominium requires the assistance of a skilled realtor who can guide you through the process and make certain that you get in on the property that you want. The process starts by sending a letter of intent with an initial deposit, which should be between $10,000 and $15,000. In some cases, a 20 percent deposit may be required with a contract.

At the groundbreaking, an additional 20 percent will be required and the remaining 10 percent will be required before the condominium is completed, making a 50 percent total down payment on the property. The remaining 50 percent of the total cost of the condominium will be due upon closing.

Remember that you are offered a 15-day grace period during which you may decide to cancel your condominium contract for any reason you see fit. Most condominium units purchased in this fashion will require that you install your own flooring and other design elements. If you are interested in purchasing a condominium before it is constructed, talk to a realtor and they will be able to answer any questions you might have.

For more information or to schedule a private consultation, please call Lana Bell at 1.954.336.1016.

South Florida Is In Construction Phase Once Again

By Sunny Isles Real Estate Expert on February 11th, 2012

Miami real estate

Hallandale preconstruction condo

The latest report from Miami Herald (http://www.miamiherald.com/2012/02/08/2631956/construction-spending-finally.html) indicates that the construction spending in South Florida rose for the fourth month in a row in Broward County in November 2011, joining Miami-Dade County as areas with sustained growth in the real estate sector. “We’re seeing a lot of custom-home building,” said Bernie Navarro, head of the Latin Builders Association. “You see it in Key Biscayne and Coral Gables and Pinecrest. Those places had fallen to zero. Now they’re back on.” While construction employment is falling, the losses are more narrow than previously. “It’s going better than I expected six months ago,” said David Denslow, an economist at the University of Florida. “Remember, six months ago we were worried about a double dip. Now all of the evidence is pointing the other way.”

The Hollywood and Hallandale Condo resales

jumped in 2011 as well. Buyers purchased an average of 140 condominium units per month in the Hollywood and Hallandale Beach areas showing an increase in 2011 of nearly 20 units per month from 2010. This is due to the influx of investors chasing discounted condo resales that can be leased out to tenants who are willing to pay higher rents.

Latest report indicate that office vacancy in Miami-Dade County was at 19.1% at the end of 2011, according to data from CBRE Group’s Florida Market Perspective 2011. There was a total of 44.1 million rentable square feet in the county, and 8.4 million vacant. Last year saw net absorption of 64,238, with 359,630 square feet under construction, with the average asking lease rate in the county at $30.32. “The Miami office market has gained strength during 2011 with tenant activity picking up,” said Carter Hopkins, first vice president at CBRE. “The market should continue to strengthen in 2012.”

In addition to single family homes in Miami

the pre-construction condo sector is also on the rise. Fueled by steady pre-sales at the nearby Apogee Beach Hollywood condo, Jorge Perez of the Related Group is planning a new 31-story tower with condo and hotel units fronting the Intracoastal Waterway in the Hollywood nad Hallandale Beach coastal market of Southeast Broward County.

Despite the unsold inventory, the Related Group broke ground on the 23-story Apogee Beach condo tower on the sand just north of Hallandale Beach Boulevard in December 2011. As of Jan. 30, 2012, buyers have committed to purchase 41 out of 49 units in Apogee Beach project, according to company marketing material.

The path to development for the proposed Beachwalk tower – a few blocks west of the Apogee Beach project – is shaping up to be a bit more complicated initially. The proposed Beachwalk tower – which would stand 305-feet high with 84 residential units and 432 hotel rooms. Beachwalk is the 22nd project to be proposed east of Interstate 95 in South Florida. If they are all built, the projects would add nearly 4,400 units into a market that had 4,200 developer units unsold at the end of last year.

A Related affiliate bought the Beachwalk development site, home to Manero’s Steakhouse for five decades, for more than $2.9 million from TD Bank in May 2011. The Beachwalk project is slated to cost $60 million to construct and have a market value of $80 million at completion.

Related is also planning to start construction in two weeks on its MyBrickell condominium in Miami. To date, about 80 percent of the 192 units are under contract, with buyers paying a 20 percent deposit, the company said. It would be the first new condominium project to break ground in downtown Miami in several years.

Developers seeking to launch new condo projects are focusing particularly on the high-end market, which continues to dominate because of the ability of its prospective buyer pool to pay cash for units. The 70-unit Bellini Williams Island – a high-end condominium in Aventura’s William Island recently broken ground.

Bellini Williams Island Condo Project Resumes in Aventura!

By Sunny Isles Real Estate Expert on August 8th, 2011

Bellini Williams Island Condo

Bellini Aventura Condos For Sale

Like many projects that broker ground around 2008 when the mortgage market tightened, the Bellini Williams Island condo project to be build in Aventura was placed on hold. However, the stabilizing economy along with the rising strength of the South Florida real estate market (sales in Aventura alone are up nearly 27% year to date), the project is back underway!

The $100 million, 24-story condominium complex, is scheduled to house 70 luxury units. Each unit will come standard with water views, over-the-top amenities and even a private elevator. Unit pricing will start at $1 million, or $400 per square foot.

Who is an Avenura Luxury Condo Buyer?

While these units will certainly appeal to anyone seeking the best of the best in luxury condominiums in the Aventura areas, the developer believes that the community of buyers will comprised of a significant number of international buyers. This statement would be on point with the recent trend of international buyers calling South Florida a piece of home. While this area isn’t as well known as other South Florida hotspots, like it’s sister property – Bellini Bal Harbour, competitive pricing coupled with a strong market should be enough to get the draw this project is expecting. And while foreign buyers are expected to make their presence known in the area, real estate experts believe that a domestic presence will certainly be seen as well, particularly as inventory has been dropping in the area due to an increase in property sales.

Bellini Williams Island Project Funding……

While many of the units are expected to sell during the pre-construction phase, the builder is assuring buyers and the Miami real estate community that he will not be utilizing the deposit funds to pay for construction costs. In fact, an unnamed private funding source has been secured for the project, giving added confidence to interested buyers. It is important to note that in order to counterbalance some risk associated with pre-construction sales, buyers may be required to place a more substantial down payment deposit to hold their unit, than the 10-20% standard deposit during the pre-recession timeframe. While a common practice among many developers in the industry, financing a project of this magnitude solely in this fashion can present significant financial problems should the economy turn once again, placing stricter limitations on funding availability for developers.

While there is still some level of uncertainty in the marketplace, mostly due to the instability of the investment marketplace, the re-birth of this project which began nearly 3 years ago, is stirring up excitement within the surrounding communities.

For more information about Bellini Williams Island Condos For Sale please contact Lana Bell at 954.560.7802.