The Bel Aire Condos Could Be Perfect for Your Next Home

By Sunny Isles Real Estate Expert on January 4th, 2017

Bel Aire Miami Beach condo

When you think about living in the Miami area, you naturally want to live as close to the beach as possible. With Bel Aire in Miami Beach, you will find that the beach is actually just outside of your door. You will have access to 150’ of private beach area. It’s a nice option for those who are looking to spend as much time out on the sand and in the water as possible. Of course, there are plenty of other reasons that you will love Bel Aire condo. Have a look at the amenities of the building and the residences to see why it is such a good option for you and your family.

What Does the Building Offer?

The building as a number of interesting features that help to make it a great choice. It offers a beautiful entrance, as well as a conference room, a business center, and a 24-hour concierge. There is a movie and television room that also features a billiards table. The building offers a heated swimming pool, and around the clock security. It also features a health club and spa. This is perfect for those who want to keep in shape and who want to have a place where they can just unwind and relax.

What Will You Find in the Residences?

As impressive as the Bel Aire amenities might be, you will also want to check out what the residences offer to see if it will be a good fit for you and your family. They have ten different floor plans available, and you can choose from one to three bedrooms. Each of the units has sound proofing as well. This can be very important. If you like the idea of privacy, having sound proofing so you don’t have to hear your neighbors, and so they don’t hear you, can be a great idea.

The kitchens will all have designer hardware, as well as stainless steel appliances. The bathrooms are marble, and they feature whirlpool tubs and designer fixtures. The homes are also wired for cable, broadband, and security. The homes are very comfortable, and they have nice layouts. Given the large number of floor plans, you will want to check out several to see which ones might work best for your needs.

Close to Everything

Another one of the reasons that you might want to consider Bel Aire Miami Beach is because it is so close to everything that you might want to do in the area. You are just a short distance from the heart of Miami Beach, and you are very close to Bal Harbour, which can offer some great shopping. You can get into downtown Miami, Fort Lauderdale, Aventura, and more with just a short drive.
Whether you are going to be moving into the property full time or you are merely looking for a vacation property, Bel Aire could be perfect for you. It could also work quite well if you are going to use the property as an investment. Take the time to check out what properties are currently available.

Pay Attention to the Short-Term Rental Rules

By Sunny Isles Real Estate Expert on December 25th, 2016

Treasure Island Miami Beach homes

Many times, when people are buying properties in Miami Beach, they are buying them as investments. They may offer them as short-term or vacation rentals, for example, and while this can be a good option for many, you do need to make sure you are following the regulations set up in the city for short-term rentals. A short-term rental is any rental that is up to six months and one day.

Fines Going Up

There have been quite a few problems faced by the city in this matter. The code will allow for vacation rentals and short-term rentals only in certain zoning areas. They are banned in the case of single-family homes as well as several zoning districts. Therefore, if you are buying a piece of property in the area, you will want to know exactly what you can and can’t do with the property.
From March to around the middle of August, there were 106 fines levied against companies and individuals in the area for breaking these rules with an overall sum of $1.59 million. The fines are now starting at $20,000 the first time someone is in violation. This is a massive increase to what they were a years ago. They used to range from $500 to $7,500. For the second violation, the $20,000 doubles to $40,000, and then up to $60,000 for any additional violations.

Naturally, this is causing some rather large problems for those who are renting property in the area, and many have found that it is causing some massive drops in the luxury real estate rental field. There are at least two full-time code enforcement officers assigned to short-term rentals in Miami Beach. They seem to be very eager to do their job based on the number of fines they’ve levied already.

Many of the owners and companies in the area that are offering property for rent are defying these orders and they are continuing to rent. They say that they want to work with the leaders in the community about trying to come up with a fair set of rules for short-term rentals. They don’t want to be in violation, but they also want to make money from their property.

In addition, they say, and rightfully so, that the luxury rental market is huge for the tourism business in Miami Beach and surrounding areas. Families, celebrities, and more come to the area and want to find place to rent. Sometimes, they are not in rentable areas, and other times, they want to stay on for more than six months. These people are spending money in the local economy, and the businesses that own these rentals are hoping the local government realizes this.

Understand the Rules

While the rules might not change right away, they could change in the future. Regardless, whenever you are buying and then considering renting out a piece of property in Miami Beach, or anywhere else for that matter, make sure you understand the rules and regulations for your area.

Treasure Island Offers a Treasure Trove of Homes

By Sunny Isles Real Estate Expert on December 23rd, 2016

Treasure Island Miami Beach homes

You won’t have to worry about pirates if you decide to live in this beautiful community of Florida. It is a friendly place to call home, and a wonderful place to raise your family. There are many single family homes in the region, and it could be just the place you have been looking for. Let’s look at some of the other things that Treasure Island Miami Beach can offer to help you determine if it is a good fit for you or not.

Beautiful Homes on the Water and Inland

You can find some great homes in the area. These single family homes can offer buyers the privacy that they want for them and their families. Since the water is so close, you will never be far from the beaches. In fact, some of the homes in the area are actually on the waterfront.

Although you are located on an island, you will never feel too isolated. You will have the privacy that you desire, but you will still be close enough to get to all of the other locations that you might want to visit, or that you have to commute to for work.

Treasure Island Miami Beach real estate is a small community located in Biscayne Bay. Even though it is a part of the Miami Beach scene, that’s not to say that it doesn’t have its own personality, because it does. Those who make their home in the area will find that there are some great places to dine and find entertainment that are just a short distance away.

What’s Right for You?

If you are thinking about buying a home on Treasure Island, you will want to consider a few things first. How much space do you need, and do you want to have property, not just a home? If you need a large space, and you would like a yard, and perhaps access to the water right from your property, then this could be a good solution. Single family homes on Treasure Island are often beautiful and expensive, but keep in mind that not all of them are on the water. If you still love the idea of living on an island, but you can’t afford one of the waterfront properties, you might want to see if there is anything available inland.

One of the things you will want to keep in mind though is that the single family homes will not have the same amenities and features of a condo complex. Naturally, you won’t have a concierge or a valet. Consider whether these things are important for you before you decide to go with a single family home rather than a condo.

If you would like to consider homes in the area, make sure that you let your real estate agent know. They can tell you everything you need to know about the community and they can keep you up to date on any of the new properties that become available.

Miami Beach Homes Are Always a Good Buy

By Sunny Isles Real Estate Expert on December 15th, 2016

Miami Beach water homes

For years now, one of the most popular places to live and best places to buy has been in Miami Beach, Florida. While the real estate market has corrected itself a bit, Miami Beach homes on the water remains a hot commodity which only goes up in value year after year. There are many other different reasons that you might want to buy waterfront property in Miami Beach, and there are plenty of choices as well.

New Properties and Existing Properties

When you start to look at properties in the Miami Beach area, you will never be short of options. There are existing properties throughout all of the various Miami Beach communities such as Sunny Isles Beach, North Beach, Surfside, etc. There are new properties cropping up all of the time as well. Whether you want to buy a condo or a single family home, there are options out there for you. Even those who are on a budget can often find options around the Miami Beach area that might suit their needs.

Benefits of Living in Miami Beach

Miami Beach is one of the most vibrant and culturally diverse cities in the world. It is a beautiful city with plenty to offer those who call it home. You will never lack for things to do. Consider all of the different beaches in the area. You can spend time on the sand, or you can spend your time in the water. Of course, you might also want to soak up some of the culture. There are museums and art galleries throughout the area. In fact, many of the condo towers are works of art in and of themselves.

Enjoy the nightlife, the shopping and the dining, and more. When you live here, it’s all just a short distance from your front door.

Real Estate Continues to Grow

While the growth over the past few years has slowed a bit, real estate is still a smart buy. This is especially true when you talk about Miami. It’s always a popular location, and when you get ready to sell your property, if you ever want to sell, it shouldn’t be too difficult to find someone who wants to buy from you.

What Type of Property Is Right for You?

How do you want to use the property? If you love the idea of living in Miami, you might want to have a Miami Beach waterfront home as your main residence. This is what many people including young couples, families, and retired couples do. However, that’s not the only way to use these properties. If you have a home in another location, even another country, you might want to consider getting a vacation home in the area. Others might be interested in an investment property.

With so many options open, you need to consider what you want, the space you need, the location you would like to live, and your budget. You should also get in touch with a qualified real estate agent who is intimately familiar with the Miami Beach area. The agent can provide you with information on the buildings, the single family homes, and the neighborhoods so you can make a good buying decision.

Chinese Real Estate Investment Growing

By Sunny Isles Real Estate Expert on December 13th, 2016

Miami's Chinatown real estate

Over the past decade, there has been an increase in the number of Chinese nationals who are interested in making investments in properties in the United States. Many of those buyers initially looked to areas such as New York City when they were buying, but in recent years, they have turned their attention southward. While they don’t yet make up the same number of buyers in Florida as Latin American and the northeastern U.S., the number of Chinese real estate investors in Miami is growing.

Currently, China accounts for about 2% of the overall investments made in Miami. However, this is expected to grow substantially in the coming years. They estimate that it could be about $50 billion in real estate investment across the United States within the next ten years.

Why Miami’s Real Estate?

You will find that these investors are interested in properties in the area for the same reasons that investors from other parts of the world like Miami. It is a fantastic location that is continuing to grow. It’s becoming a hub in international business, and you have all the beautiful beaches and the ocean, the great weather, and the shopping. Even the allure of the night life has brought some buyers from China. Miami is currently the seventh city on the list of most important global cities, at least per the Wealth Report.

Miami is becoming a truly global city. It’s already multicultural, and with the influx of new people and new businesses, it will become even more important on the global field. As Miami becomes even more important to the world stage, you can expect the number of buyers to go up.

Of course, there is another big reason that Chinese investors have started to take a real liking to this city. It’s all about the prices. Sure, when many look at the cost of homes in the Miami area, the prices can seem on the absurdly high side. However, when you compare the price of comparable homes in places such as NYC, Paris, and London, you will quickly see that Miami is offering some real bargains.

The prices have even started to come down further over the course of the past year. Chances are good that this will mean even more foreign investment from China and from other locations over the coming months and years.

Something for Everyone

People also enjoy that there are condos and homes available for all types of buyers from China. Those who are looking for the biggest and best in luxury properties will have a plethora of choices.
However, those who are on the search for something that is friendlier to their budget should have many options available as well.

Because there is a push toward getting Chinese investors on board with buying in Miami, many real estate companies have even taken to hiring people who speak Mandarin to help them with the sales. The future looks bright for foreign investment in the Miami area.

Find out commercial real estate deals in North Miami Beach or contact Leon Bell regarding any any commercial real estate in Miami at (954) 560-7802.

Fendi Chateau Unit Bought for $11.5 Million

By Sunny Isles Real Estate Expert on December 8th, 2016

Fendi Chateau Condo

When it comes to living in luxury, few places in the world can compete with everything that’s happening in the southern Florida area. Miami Beach, Surfside, Sunny Isles Beach and other areas have some of the most impressive condominium units for sale. Consider the unit recently bought by the former CEO or Anheuser-Busch, for example. Luiz Fernando Ziegler de Saint Edmond and Christina de Saint Edmond recently purchased a gorgeous unit at Fendi Chateau in Surfside for $11.5 million.

They purchased unit 401 in the building, which has 12 stories and just 58 residences. This means that the units in the building are quite large, and they are truly luxurious. This is the newest of the luxury towers to open in Surfside during this construction cycle, and everything about the place has been impressive. FENDI Chateau has a different overall look than many of the other towers in the area, and the overall design and style of the building is truly special. It is no wonder it is as popular as it is.

What Does the Unit Offer?

You might be wondering what $11.5 million will buy at the property. It’s actually quite a bit. The unit itself is very large at 3,963 square feet of interior space. In addition, the unit features 1,755 square feet of space on the terrace, which could be nice for some outdoor entertaining. The price per square foot was around $1,930.

Those who are interested in units at the building will find that the size can vary from around 3,300 square feet for the units with three bedrooms to more than 7,000 square feet for one of the three penthouses. In addition, they have a beautiful rooftop pool deck that the residents can enjoy. Some of the other amenities found at this beachfront property include a restaurant and bar, a Jacuzzi, and a kids’ club. Those who want to get into great shape, or stay in shape, can make use of the fitness center. When you have some downtime, you can use the private theater.

Of course, the building and the amenities it offers are not the only reason that Fendi Chateau has become so popular lately. It also happens to have one of the best locations. It’s just a short distance south of Bal Harbour and Sunny Isles, and it is just north of North Bay Village and Miami Beach. Whether someone lives in the area for pleasure as a vacation home or they live there all the time, they are in an ideal location that’s close to everything.

Quite a few other people have been buying units in the building recently as well including Octavio Mestre, who is an architect and knows a thing or two about quality homes, and investor Irving Langer from New York.

The properties that are left at the building are likely going to sell very quickly given all of the features and benefits that we’ve discussed. It could be a nice place to live for someone just like you.

Two-Story Faena Penthouse Coming to Market

By Sunny Isles Real Estate Expert on November 27th, 2016

Faena Penthouse for sale

Faena Condos Miami Beach is one of the most popular properties located in the Miami Beach area, and now they have a two-story penthouse that’s coming to market. This is a very lovely property for those who want to live in pure luxury, and for those who can afford the $50 million price tag.

What Does the Unit Offer?

You are probably wondering what the unit has available that makes it worth $50 million. There are 12 residences at Faena Miami Beach, and the unit that has come up for sale is unit 1401. The unit takes up the top two floors of the building, which means those who are fortunate enough to live there are going to enjoy some fantastic views of the surrounding area.

The unit is fully furnished and it features 9,979 square feet of interior space. In addition, it has 4,435 square feet of space on the outdoor terraces. Since it’s in Florida, the buyers will likely be spending just as much time outside on those terraces enjoying the weather and entertaining as they do inside. It includes six bedrooms and five bathrooms, along with four half baths. It has an open floor plan and private terraces, as well as a rooftop deck that provides a great view of the ocean.

About the Building

The hotel part of the building opened in late 2015, and the residences have only recently been built out. There are a number of other residences in the building that are on the market right now, but none of those units commands the $50 million price tag. They are much smaller units. One is 852 square feet and has an asking price of $2.575 million. A 1,878 square foot unit is asking $7.2 million, and a 2.472 square foot unit is asking $10.8 million.

Those who reside in the building will have access to all the hotel’s amenities, which is certainly nice. It allows them to live in pure luxury. They can enjoy the in-home spa services, and even the housekeeping and turn-down services. The building also features room service, concierge and butler service, a pool, and beach cabanas. It’s like being on a wonderful vacation whenever you are there, which is nice even for those who live there year round.

An Ideal Location

The hotel is in the Faena District, so residents are close to Collins Ave. and Miami Beach. Faena House is nearby, as is the Faena Forum, which is an arts complex. Residents will find plenty of things to love in the area, and they will never be more than a few minutes from the water. It’s one of the ideal places to live in the Miami area, and those who want the very best will certainly want to consider the penthouse that’s for sale. It might not be in everyone’s budget, but if it is in yours you would be hard pressed to find properties in the area with more to offer.

Why Choose to Live at Fontainebleau Miami Beach?

By Sunny Isles Real Estate Expert on November 25th, 2016

Fontainebleau Miami Beach condos

There are a number of interesting and luxurious properties in the Miami Beach area, and one of the most impressive is Fontainebleau Miami Beach. It is a very popular, very beautiful hotel/condominium that has a wealth of amenities and features that guests, as well as residents, love. Let’s examine some of the building and residence amenities to get a better idea of why it’s such a good place to call home.

Building Amenities at the Fontainebleau Miami Beach

When you are searching for a great place to live, you want to know whether there are good amenities in the building. It can make a huge difference to your quality of life. There are a number of great amenities at Fontainebleau II. One of the first things you are sure to enjoy is the fact that right outside of the building is 1,200 feet of white sand oceanfront. Because of the proximity of the water, you can enjoy a variety of different water sports including parasailing and jet skiing.

The grounds offer 18 acres of recreation space, including a water playground that offers a nice cool retreat for the family when the weather gets to be too warm. There is a private outdoor adult swimming pool, a poolside bar, and two lighted tennis courts along with a pro shop.

The building offers a high quality spa and fitness center. They have a range of services and classes, fitness sessions, a spa eatery, and plenty of equipment to help you stay in the best shape or your life. Owners can also enjoy the owner’s lounge, which offers a continental breakfast, cocktails, and more. they also have a number of onsite restaurants that can help cater to any cravings that you might have. The building offers entertainment, shopping, a concierge, and 24-hr security.

The Features of the Residences

When you buy a property at Fontainebleau Miami Beach, you will love what it offers. They have high quality interior design including natural Berber carpeting, stone floors, marble baths, granite countertops, and more. Those who want luxury will find that this building might just have what they need. It is a comfortable place to live, and there are options that should work for nearly everyone.

You Can’t Beat the Location

One of the nice things about condominiums in Miami Beach is the fact that they will generally have a great location, and that is certainly true of Fontainebleau II. When you call this building home, you are only going to be a short distance away from Miami’s downtown area, Fort Lauderdale, shopping, dining, and everything else that you might want to do.

If you are interested in living in the area, you will want to make sure that you keep an eye on the units that are available in this building. With the location, along with all of the amenities and the features of the residences, it’s easy to see why this is such a popular building. It’s a fantastic place to call home.

Sunset Islands Homes Offer Beauty and Privacy

By Sunny Isles Real Estate Expert on November 19th, 2016

Sunset Island Homes

Sunset Islands Miami are very interesting in it’s natural structure. It is a group of four islands that really do embody their name quite well. The sunsets from the islands are stunning. Of course, life on these islands in general is quite stunning, and it is little wonder that so many people are interested when properties become available. The interconnected islands on Biscayne Bay are the location of some of the most expensive and beautiful homes in Miami.

Why Live on an Island?

If you’ve ever said to yourself that you’d love to live on an island paradise, this is your chance. The islands truly are beautiful, and so are the varied homes that are situated there. When you are on the islands, you will find that you have for more privacy that you could have in many other locations around Miami. This is a very exclusive location, and if you want peace and quiet, as well as a great place to raise your family, Sunset Islands might just have what you need.

Even though these are islands, that doesn’t mean that it is going to be difficult to reach the destinations that you need. You can go from one of the islands to the other since they are interconnected. They have secure access points, and the communities on the islands are gated, offering more protection.

Sunset I and Sunset II are located along the upper part of North Bay Road, another high end community. Many of the homes have waterfront property. The islands to the south are called Sunset III and Sunset IV. All of the islands have fantastic views.

You are also only a short distance from all there is to see and do in the rest of Miami. You have the privacy of the islands, but you can still drive to places such as the Art Deco district, Collins Avenue, Bal Harbour Shops, and more with very little trouble.

Do These Types of Properties Sound Appealing?

If you have the money and the desire to live in a home on one of the islands, then it is certainly worth your time to keep abreast of the market on the island. Your best option is to work with a real estate professional who has experience with Sunset Islands. One Sotheby’s International Realty specialized in Sunset Islands properties for sale. We know when properties are coming up for sale. Please click this link: www.sunnyislesmiamirealestate.com/Miami-Beach/Sunset-Islands-Homes/ to view available homes for sale. Many of the owners want to vet potential buyers before showing high end properties, and this means that you really do need to work with an agent if you want to see one of the homes.

When you are considering a home, make sure that you consider the location, as well as the size of the property you need. You need to get a home and property that is right for you and your family, not just something that’s on the Sunset Islands. When the right property comes up for sale, your agent can let you know. For those who have the means, these homes can be the ideal place to call home for the rest of your life.

Miami Becoming a Buyer’s Market for Luxury Homes

By Sunny Isles Real Estate Expert on November 15th, 2016

Miami luxury condos

Things have been changing in Miami’s real estate market over the past year, and what was once one of the most successful seller’s markets in the area’s history is now becoming a luxury buyer’s market. Until recently, the prices on homes have been going steadily upward, and people were willing to pay those prices. The developers and other sellers were doing quite well. Now things are adjusting and it is starting to become a buyer’s market.

What Does This Mean?

In a buyer’s market, the prices of properties tend to come down based on market adjustments and because of a surplus in the properties. The people who are buying have far more choices available to them, which means they can find the unit that’s right for their needs, including their budget. This is naturally some good news for buyers who have been waiting for the perfect opportunity to buy and for those who are just now starting to look for properties.

Of course, this doesn’t mean you will be finding some “bottom of the barrel” prices. These are still luxury properties, so they are still going to command a fair amount of money. However, the average prices are going to be lower than they were over the past several years, and this could be the perfect opportunity to get a home that you’ve always wanted. In addition to buying a property in which you can live, you might also be thinking about a vacation home or a piece of property that you can use as an investment and rent out to others.

What Does It Mean for Sellers?

While this is a nice time to be a buyer, it might not feel quite as good if you are getting ready to sell your property. You may not be able to get as high of a price as you could have a couple of years ago. It’s the nature of real estate though. With the surplus of properties, the prices drop. You have a couple of choices. You could price the home so it is more in line with the other homes on the market that are comparable. On the other hand, if you have a luxury condo in Miami you truly believe is worth more than what you could get for it right now, you might want to hold onto it for a while until the market changes again.

How Long Will the Buyer’s Market Last?

One of the questions everyone’s asking is just how long the buyer’s market will last. The truth of the matter is that it will depend on several factors. It depends on the way the real estate market progresses and what the buying public is willing to pay. If the demand were suddenly to increase again, then the prices for the units would very likely start to rise again.
Those who are interested in buying a home will likely want to act as soon as they can so they can get a home for a great price.