Downtown Miami Condos

Once the entire project is completed, One Thousand Museum tower

will be one of the most phenomenal residential developments ever conceived and built in the world. It is expected to rival some of the phenomenal structures in the world including New York City’s One57 and London’s One Hide Park.

As the first condo tower in Florida with its own rooftop helicopter pad, One Thousand Museum Condo is only building 83 units in total. Residents of the tower will have access to their own private, full-time security concierge for each unit.

Located in the downtown area of Miami, at 1000 Biscayne Blvd., One Thousand Museum is a 62-story condo tower that offers phenomenal spacious living in both half floor and full floor plans. Every resident of the tower will be assigned three parking spaces plus have access to the rooftop landing pad. All the units are sold fully furnished including the high-end lighting, custom closets and beautiful flooring.

To Be Completed in 2016

Expected to be completed in the year 2016, every unit provide spacious living. The half floor plans are approximately 4500 square feet and the full floor plans are approximately 9800 square feet.

The amenities include the residential helipad, rooftop events, an in-house cigar lounge, an indoor pool, a cardio room, billiards room, and a screening room. Residents will have access to the indoor oversized pools, hot tubs, cold and hot plunge pools, and the spa. Other amenities include cabanas, a steam room and a sauna.

Investors and residential homeowners are anticipating the completion of One Thousand Museum just a few years away. Priced at a low-end of $4 million for a half floor unit and $12 million for a full floor unit, someone will take the prized top floor duplex being sold at $50 million.

Downtown Miami real estate

has always been known for its unique and bold architecture. However, the new One Thousand Museum tower on Biscayne Blvd. is bound to take architectural style over the edge. From nearly any position in Southeast Florida, One Thousand Museum will make its own strong statement, declaring that the skyline of downtown Miami can handle the most daring designs.

Foreign Buyers

Since the last bust of the economic bubble in the real estate market all throughout the Miami area, it has been the overseas buyers that have purchased most of the available condominiums. Many of them need a safe haven for their investment dollars and have the funds to pay cash for a hard real estate asset located in a beautiful part of the US.

Many of these condo purchasers only reside in South Florida for a few weeks every year. Most of these condos are converted into rental units. Absentee buyers are eager to purchase any quality condominium in Southeast Florida that has a water view.

Because of the high interest in condo living in Southeast Florida, One Thousand Museum project will shake up the real estate market. Although the venture is somewhat risky, eager buyers are likely to quickly line up to make a purchase in this beautiful new tower.

Today I’m very exited to announce that we have been selected to be the exclusive sales agents for an amazing project designed by world renowned architect Zaha Hadid. Zaha Hadid is one of the most internationally renowned creative architect, a Pritzker Award winner as well as the Stirling Prize winner and was appointed dame commander of the order of the British Empire. Her architecture is very distinctive, futuristic and recognized all over the world. She had built mostly in Europe, Asia and Middle East.

With only 83 residences, each residence will have 3 or 4 parking spaces assigned plus your own helicopter landing pad, which is the only residential tower with this feature. All units are offered fully-finished, including flooring, custom closets and high-end lighting.

The units will range between $4,500 square feet to 9,800 square feet and will range in price between $4,000,000 and $12,000,000 with top floor duplex at $50,000,000.

Call Today (305) 336-0457 to learn more about this amazing project!

The location – 1000 Biscayne Blvd in Downtown Miami will ideally display the new 62-story tower offering super spacious full floors and half floors floor plans. The tower will be set between 900 Biscayne and Ten Museum Park.

1000 Museum Miami

is one of the most exclusive pre-construction condo development in Downtown Miami attracting buyers and attention from around the globe. It will also be one of the most private and secure condo in Miami. Your backyard will be the new Miami World Center, which is a going to be $5 billion dollars project.

Downtown Miami Condos

are still very popular and getting more so as time goes on, according to recent reports. A report issued by the Downtown Development Authority revealed that the average sales price for a unit in downtown Miami rose 21.4 percent in the third quarter compared to last year.

The average sale prices for units for the third quarter of 2012, ending on September 30, showed a gain of 11.6 percent over that same period in 2011. In total, new and resale units have shown approximately 25 percent price growth every year since 2009, revealing that the real estate market is continuing to improve and that it is very vibrant at present.

Foreign Interest

Miami real estate

because of its superb location and its climate, has always been an attractive to international buyers. From the south, it’s a major draw for people from Latin America and the Caribbean. It’s also proven attractive to immigrants from all over the world, including destinations as far away as Russia. Foreign investment is listed as one of the reasons that property values have become higher over the years, according to the Miami Downtown Development Authority. In fact, a representative of that authority said that foreign investment is one of the major factors in helping Miami to recover.

Living In A Brickell Ave Condo

is living in the center of the city and has become more attractive to people in recent years. While many consecutive decades of the 20th century saw Americans moving farther and farther away from the center of the cities in which they lived, recent years have seen people demonstrate an increased interest in living close to the city that they call home. It reduces commute time, allows a person easier access to everything that the city has to offer and, of course, it has the additional benefit of revitalizing city cores, which oftentimes suffered as people moved away.

The increased interest in downtown Miami condos for sale is also named by the spokesperson is one of the reasons that property values have been increasing. Condominium properties and rental properties have seen growth, as well. In fact, according to the same report, sales were up 8.8 percent during the first nine months of 2012, demonstrating that the worst part of the real estate crash is apparently behind Florida and that the largest city in the state is rapidly becoming one of the places to be for people from all over the world.

Finding a Property

Living in the downtown area opens up many opportunities for anybody who decides to purchase property there. A good realtor can help find the right location for you. Even though there are some universal benefits to living in the core of a city, there’ll generally be some specific reasons that any individual seeks a property there and a realtor can ensure that those reasons are taken into account and that the properties you look at satisfy them. With the market heating up, there’s never been a better time to contact a realtor and talk to them about your options.

The news was good all around for property prices and sales in Florida in October of 2012. According to data compiled by and a report released by Florida Realtors, the number of sales of condominiums and townhouses, as well as the number of single-family homes, rose in October of 2012 compared to the same month in 2011. Not only that, the average price climbed in all of those categories, showing performance that had the chief economist for Florida Realtors saying that everything that should be going up is going up and everything that should be coming down is coming down.

The Miami Real Estate Report

For townhouses and condominiums, there were a total of 8,252 units sold in October of 2012. Compared to the same period in 2011, that marks a 16.4 percent increase in sales. There was also good news in terms of pricing. In 2011, the average price for a townhouse or condominium property was 20.2 percent less than it was this year. For those who are considering selling a townhome or condominium, this obviously bodes very well for the amount of money that they will get in the transaction.

Miami Homes For Sale

Single-family homes also performed very well compared to how they performed in 2011. In October of 2012, the median price for a single-family home was $145,000. According to the report, this marks a nine percent increase over the median price in 2011. At the same time, existing single-family homes saw an impressive jump in sales. In October of 2012, there were 17,779 closed sales of such homes. This marks a 25.3 percent increase over the market in October of 2011. Pending sales of single-family homes rose even more significantly. According to the Florida Realtors numbers, there were 56.7 percent more homes that were part of a pending sale in October of 2012 than there were in October of 2011.

Understanding the Numbers

While recovery may not have come to the Florida real estate market quite as quickly as many people would’ve preferred, it has certainly arrived. The increases in sales and pending sales – along with the overall increases in the price of properties – have been slow but steady over recent years. For people looking to sell a property, this means that the once very skewed buyer’s market has leveled out a bit, making it easier to get a good price on an existing property, due to increased demand and the higher prices that come with it.

Because the increase in sales and price has been observed in both single-family homes and townhouses and condominiums, the recovery seems to be rather broad-based. For those looking to purchase a property in Florida, it would seem like a good investment, as property prices have been more or less steadily increasing lately. For those who want to sell off a condominium property, a townhouse property or a single-family home, the fact that sales are happening at the brisker pace comes as very good news, as well, and means that, with the assistance of a good Miami realtor, making a good deal should be entirely feasible.

Every year, millions of people flock to Florida’s beautiful Miami area in order to soak up the sun and decompress while enjoying some of the most beautiful beaches in the world. In fact, Miami is one of the most popular vacation destinations in all of the United States, so it’s not difficult to see why lots of people make it a place they visit regularly.

However, for some people just visiting isn’t enough. They start asking themselves why they can’t just buy an oceanfront Miami Beach condo and enjoy it throughout the year. Some even want to stay in Miami year round and, after a little fact-checking and shopping around – they realize that they absolutely can!

Miami Condos for Sale Are a Sought After Commodity

Those looking to relocate, retire in style, or even simply build a life for themselves in their own little piece of paradise are discovering that a great way to do that is by looking into Miami Beach condos for sale. The condo business is huge in Florida and only expected to continue growing by leaps and bounds into the future. That said, not only is the purchase of a Florida condo a fun way to transfer your life right into the lap of luxury, but it’s a smart financial decision as well.

Ask a Top Miami Real Estate Agent About Your Options

If you’re new to the world of condos and Florida real estate, you might want to enlist the help of a good real estate agent. He or she will be able to show you how to sift through the many options available to you to make sure you’re getting the most possible bang for your buck. There are more options when it comes to Miami condos for sale than you’d otherwise think, so you’ll be glad you have an expert’s help when it comes right down to it.

Prioritize South Beach Miami Condos for Sale that Feature Stellar Amenities

Condo living offers you the very best of all possible worlds. You get to enjoy the security, freedom, and accomplishment of owning your own property. However, you also get to enjoy the conveniences that come with living in a managed community to boot. For instance, plumbing repair, mowing the lawn, shoveling the snow – none of that is you’re problem anymore. You will also get to take advantage of things like access to a pool, fitness facility, and many other options in most cases as well.

The amenities don’t have to stop there though. For instance, if you opt for a truly upscale community such as the Turnberry Ocean Colony, you will get to take advantage of a standard of living that is truly luxurious. Turnberry residents get to take advantage of five-star dining and room service thanks to a stellar in-house chef and restaurant. The Colony also boasts one of the most incredible spa and fitness centers in all of the Miami area. This is in addition to their full calendar of special events, black tie galas, wine tastings, and more. Ask your agent about Turnberry today! It just might turn out to be the best decision you ever made.

Downtown Miami Real Estate

data shows that the city seems to be recovering nicely from the recession and that property is very attractive to investors once again. Since 2011, the inventory or Downtown Miami condos for sale has fallen 30 percent. This, of course, puts pressure on buyers who are looking to acquire properties while the market is this favorable.

The Data

The data, acquired from the Downtown Development Authority, reveals that the average unit sales price in Miami’s downtown rose 9.1 percent over the second quarter of 2012, when compared to this same period in 2011. The data also shows that residential sales went up 7.2 percent on average for each month when compared against that same time span last year.

All across the nation, the rental market has been hot and downtown Miami has been no exception. In downtown Miami, there was an increase in the average number of leases closed every month of 26 percent compared to the first quarter of this year. People are clearly finding downtown Miami to be an attractive place to work and live once more.

Moving into the Center of the City

The people tired of long commutes and the associated expenses have been leading a trend toward moving to the center of cities over the years. Miami seems to be benefiting from this, with the downtown area in particular showing promising signs of a recovering market.

The sales of Brickell Condos for sale in downtown Miami are not occurring in a vacuum. In fact, they mirror a trend seen all around the nation that has been the result of certain market forces that have made this buyer’s market particularly attractive for investors.

Interest

The Federal Reserve has kept interest rates very low over the past few years and that has attracted investors looking for new property. Some of these investors are actually international investors who are acquiring property in the United States because of the fact that the market is recovering. In particular, Canadian investors have contributed a great deal to Miami’s real estate market. At the same time that Canada is experiencing market forces that seem to indicate that their condominium bubble is about to burst, the condominium market in Miami in general has been showing signs of constant and steady growth that is very attractive to investors looking for something more stable.

Compared to 2011, the downtown Miami condos market looks much more promising. With more people interested in renting properties in the heart of the city and with many of them interested in even purchasing properties outright, downtown Miami is becoming a fashionable place to live. The lack of the need to commute, the proximity of the city’s business center and all the other advantages that make living in the core of the city attractive are all playing into the increase in sales, as are the many aspects of the real estate market recovery that the nation has been going through over the past few years. Experts believe that the trend of people moving into the center of Miami will continue in the future.

The June Miami real estate data

released by Miami Association of Realtors indicate that the pending sales of condos and single-family homes in Miami rose 22%, compared to the same period in 2011. “Despite low levels of housing inventory in Miami, pending sales activity continue to point to strong future sales,� said Martha Pomares, chairman of the board of the Miami Association of Realtors. “Dwindling supply, coupled with rising contract activity, will continue to drive price appreciation in Miami-Dade.�

Several other factors indicate very strong activity as well as sizable deals taking place. One such deal is the home at 1473 North Ocean Boulevard in Palm Beach was just sold for $41.5 million, making it the largest sale since 2008.

There are many other factors point to a healthier and more stable real estate market. Let’s take Sunny Isles Beach real estate market for example. During the spring of 2012 a combined value of $27.2 million were paid for 10 priciest luxury condos in Sunny Isles Beach, averaging about $750 per square foot. The original asking price for these condos were $31.7 million, which averages to about $870 per square foot. This indicates that the selling price was about 12% off the asking price.

As of August 1, 2012, there are about 30 condos sold and under contract in Sunny Isles Beach above $1 million, making a median asking price of about $680 per square foot. Currently there are only 50 condos actively available in Sunny Isles Beach with a minimum asking price of at least $1 million, making the median asking price of about $750 per square foot. During the second quarter of 2012, more than 50 luxury condos in Sunny Isles Beach were sold with the asking price of at least $1M. There were only 35 units sold in the same period of 2011.

The same is happening for South Beach real estate. The luxury condo resales for the second quarter of 2012 has increased, with a minimum asking price of at least $1 million, to about $570 per square foot, compared to the same period of 2011 where the median price was about $560 per square foot.

However, during the second quarter of 2012 the rental activity in the Sunny Isles Beach market has decreased by about 10% due to diminishing inventory and rising rent prices. In fact, the average rent prices rose to about 18% in Sunny Isles Beach for luxury ocean front condos, in 2012. Tenants leased nearly 215 residential properties in the Sunny Isles Beach market between April and August of 2012 compared to about 235 properties in the second quarter of 2011. A year earlier in 2010, tenants leased nearly 230 residential properties in Sunny Isles Beach. The demand for rental units in Sunny Isles Beach is increasing with the season approaching, but the already low rental inventory is decreasing.

During the last 10 years, 23 new high-rise projects were developed in Sunny Isles Beach with nearly 6,000 apartments. There are currently no developer units as the inventory is completely sold out for all existing high-rises in Sunny Isles.

As of the second quarter of 2012, 9 new luxury towers are scheduled to be built with nearly 470 units.

For more information on new or existing units, please contact Lana Bell at 1.877.368.2318.

There may have been a time when the housing market throughout the United States has struggled, but that time is over. Now, South Florida is seeing a rise in homes and home construction that is sure to appeal to any buyer interested in the area. Just take a moment to look at Sunny Isle Beach real estate. This greatly sought after area, ideally located on the Atlantic ocean in the North Miami Beach, has quickly become the most desirable area to live in. In fact, according to Forbes magazine, Sunny Isles Beach falls into the top three cities in the world to live in. With its close proximity to the city and its perfect location along the beach, this is a residential area with lots of shops, supermarkets and activities, which makes it the area to move to. Nestled on a strip of beach between the upper scale areas of Golden Beach and Bal Harbour, Sunny Isle Beach is certainly a hot spot.

Nine New Condominiums In Sunny Isles Beach

The best way to see just how hot Sunny Isle Beach is would be to look toward the future. Not just one or two condominiums will soon be built. In fact, nine new condominiums will go up in the near future. Are you looking for luxury living right on the ocean? Then consider one of these luxury condominiums that will soon grace the sandy waters of Sunny Isle Beach:

• Regalia
• Porsche Tower
• Mansions at Acqualina
• 400 Sunny Isles
• Chateau Beach Residences
• Three new St. Tropez Towers

The Life of Luxury

Anyone knows that condominiums on the beaches of Miami offer the life of luxury. Why not choose to live in a location that is brand new? These new condominiums are sure to offer the very best security from top of the line security and technology to pampering options like spas and saunas.

Sunny Isle Beach itself offers plenty of luxury as well. For the most part, this area has not been discovered like other areas of the coastline. For that reason, the area offers more parks than any other community in the Miami area. This means you will be able to offer a more private life of luxury. You will be able to get away from the busy life of Miami so that you can enjoy beautiful beaches and plenty of open space. Then, when you want, you will just be minutes away from the main areas of Miami. It is like having the best of both worlds!

Choosing South Florida

There are many reasons to choose South Florida for a condominium. This area offers plenty of sunshine and golden beaches. In addition, there is plenty to see and do. The Miami area is the center of activity for Sunny South Florida making it a sought after place to live. Sunny Isle Beach is certainly gaining attention as the best location in the South Florida and Miami area.

Are you ready to choose a top of the line condo with plenty of private beaches? This is just what you can gain from Sunny Isle Beach. There are plans for not one or two condominiums but actually nine different condos that will offer the true life of luxury in the world renown city of Miami. Come home to the sun and sand.

The luxury market in South Florida is exploding, with record-breaking residential listings as high as $125 million for the recently-listed former Versace mansion. But with prices that look like those of 2006, some are warning that Miami’s high-end market might be forming another bubble, CNBC reported. It is the type of speculative, largely foreign buyer in South Florida that worries experts. If Europe’s economy collapses, or if global markets fall back into a recession or even slow, the market for Miami’s pricey real estate could collapse overnight. “This is flight to safety for these buyers, an investment decision,� said Jonathan Miller of Miller Samuel Real Estate Appraisers and Consultants. “The question is, how long and how far will it go? Does this create a bubble at the very high end in these specific markets?�

In the meantime, the new condo transactions at the St. Regis Bal Harbour Resort & Residences as well as Mansions at Acqualina are off to a great start. About 170 units have been closed at St. Regis Bal Harbour Resort & Residences totaling more than $623 million in the first seven month of sales! In addition, deposits for about 80 units were collected at Mansions at Acqualina in the first 5 weeks of the sales center being open.

Buyers are purchasing these super-luxury, ultra-exclusive properties at an average $1,500 sq.ft. and paying on average between $1,2M to $13.5M dollars. This is a sure sign of Miami real estate exploding once again with prices breaking all previous records. The properties are up by 20 percent just this year, which even breaks the peak of 2006 year.
“Miami is hot and it’s not just the weather!� said Jack Levin, chairman of the Miami Association of Realtors.

Consider the stats: The lion’s share of Miami’s high-end real estate is now bought by foreigners. In 2010, according to the National Association of Realtors, Florida accounted for more than a quarter of the $82 billion in sales to international buyers.

The average price paid by those buyers was $400,000, against an overall U.S. average of $212,000. Sixty-two percent of international purchases were all cash, a percentage that has been increasing since 2007.

Real-estate economists and brokers say most of the foreigner investors are rich families from Brazil, Argentina, Venezuela and Russia. These families are growing increasingly nervous about threats to their wealth from economies and governments back home and are looking for a safe place to store their cash.

Miami is an ideal location, offering all the safety of the United States with the fun and mildly exotic feel of southern Florida.

In other words, Miami’s boom is not a broad-based market recovery driven by local families needing a home. It’s being fueled by a tiny top slice of super-rich overseas buyer looking for the latest hot investment.

As of the end first quarter in 2012, buyers had purchased nearly 45,000 condos in Miami, Fort Lauderdale and Palm Beach areas. They’ve spent over $22 billion dollars. Currently the developers are proposing at least 32 new condo projects with nearly 6,300 units in each of the tri counties Miami-Date, Broward and Palm Beach.

As of June 2012, nearly 1,300 luxury condos priced at $1 million or more are available for resale in the South Florida market where buyers are purchasing an average of about 75 units monthly between January and May of this year, according to the data.

Today The Miami Herald posted an article by Douglas Hanks about the amazing turnaround for Miami condos. when everyone expected far worst consequences from the national housing crash with Miami real estate leading the way. You can read it below or follow this link to the original article: http://www.miamiherald.com/2012/06/06/2836413/miami-condos-amazing-turnaround.html#storylink=cpy

Half of a decade after the American housing market bust, sales and prices of new and previously occupied homes have dipped significantly. This spring; however, there are many reasons to be optimistic about the direction of the housing market and the economic recovery. Figures that have been collected on recent home buying indicate that the housing market is resurfacing and that the recovery is well underway, even though it has not been completely realized yet.

Dennis Lockhart, president of the Federal Reserve’s Atlanta division, expected far worse from Miami real estate. “In 2008 and 2009, what I was hearing was condo towers essentially being empty’’ in downtown Miami, Lockhart told a Broward County business group Wednesday morning. A recent survey shows something far different: about 90 percent of Downtown Miami condos are either rented or occupied by an owner.
“It’s an amazing turnaround,� Lockhart said.

Lockhart’s comments to the Broward Workshop capture a recurring theme for one of the most battered and bashed housing markets in the country. After years of national attention for an ill-fated condo boom and epic housing crash, South Florida’s recovery has caught some people by surprise.

“When someone says something good about Miami, you get some head scratching,’’ said Mark Vitner, who follows the Florida economy for Wells Fargo. “People are surprised at how quickly things have turned around in Miami.�

With record-low mortgage rates and drastically reduced prices, the real estate market has been primed for buyers over the last several years. The higher rent costs that are being seen on the market and an improving job market has given people reason to consider buying instead of renting, which is one reason that the housing market is showing promise and signs of recovery.

While many people are seeing prices at record lows, many are convinced that these prices have bottomed out and will not continue to fall. In some areas, home prices have already begun to rise, and this may be prompting more people to get into the market now while the prices are still low. Confidence in the real estate market is also on the rise according to a recent study, and this may encourage more home sale in the future.

Cash buyers from Latin America and Europe get most of the credit for Miami’s real-estate bounce. “Strengthening sales, mostly from cash buyers and investors, were noted by most Florida contacts,’’ the Federal Reserve reported Wednesday in its latest Beige Book report on the national economy.

But those foreign ties could make this a rougher year in South Florida than elsewhere in the country, as Brazil’s slowing economy and Europe’s potential financial meltdown threatens to upend Miami’s advantages.

Potential homebuyers have been very fearful about the direction of the economy, and home sales have been stifled because people have been weary about job creation, the stability of the economy, and many other factors that have influenced their decision to buy a home. Renting has been a much more desirable option for people during the past few years, but that is beginning to change as rent soars and home buying prices are considerably low.

The Miami real estate market took an unexpected leap in January and February, many believe due to the mild weather conditions that were experienced all over the country. These figures suggest that more people will be entering the home buying market in the coming year and taking advantage of the record low interest rates and reasonable home prices. While home prices in some areas continue to drop, home prices are beginning to creep upward again which may encourage more buyers to get involved in the market now.

As the real estate market continues to show signs of promise and recovery, homebuyers can take advantage of reasonably priced loans and low interest rates.