miami beach real estate

If the sun, sand and amazingly luxurious homes weren’t enough to make everyone love Miami, there is one more thing to add to the list. According to Livability, a research site dedicated using research to explore cities throughout the country to determine what’s great about them, Miami ranked number four on the top ten list of healthiest cities.

What Goes Into the Rankings?

The rankings on this list were determined by several different factors in order to come up with a complete picture of the overall healthiness. These factors include:

• Access, affordability and quality of healthcare
• Obesity rates in adults
• Access to healthy eating options
• Doctor to patient ratios and number of hospitals
• Whether the city promotes healthy lifestyles with walking paths, parks, and farmer’s markets
• Cleanliness of the water and air

Miami’s Results

Miami’s number four ranking was based on a few different things, beyond its overall beauty that most associate with it. The most important considerations for their healthy living ranking were:

• Number One Ranking in Florida – As far as healthiest lifestyle options, this county ranked the highest in all of Florida! This is due to most residents exercising at least three times per week, an obesity rate of less than 23 percent and a lack of residents that partake in smoking and drinking.
• Many Beaches, Parks, and Recreation Areas – Miami offers numerous areas and locations that promote healthy exercise and activity, including playing in the surf, visiting parks, deep-sea fishing, golf, and tennis.
• Everglades National Park – This factored into the ranking due to the miles of biking and hiking trials, as well as kayak and canoe opportunities.
• Healthcare – Miami offers a high doctor to patient ratio, high-ranking doctor’s offices and hospitals in the healthcare community and most residents report that they make annual health screenings a priority.
• Access to Healthy Eating – Miami also offers numerous co-ops and farmer’s markets that provide organically grown produce, as well as juice bars, smoothie shops and many different vegan and vegetarian restaurant options.
• Clean Air and Water – When compared to the rest of Florida, both the air quality and drinking water quality are considered clean.

All of these reasons landed Miami in their fourth place finish. However, there are other locations that were just a bit better. Minneapolis, Minnesota ranked as number one due to 17% of the city being part of the park system, a high number of insured residents and a low number of smokers.

On the other end of the spectrum, Yonkers, New York ranked 10th due to its high number of walkable areas and parks, and a recently unveiled Green City initiative and a high doctor to patient ratio.
When comparing Miami to some of those other cities, there is no denying that the city has plenty to offer residents. After all, a beach bod doesn’t happen by itself! With all these benefits thrown into the mix, it only makes Miami an even better place to live, work and play.

If you’re looking to live in Miami or Miami Beach, please visit our site for up-to-date real estate listings for sale: www.sunnyislesmiamirealestate.com/


fisher island condo for sale

Exclusive Fisher Island real estate, which is home to a number of CEOs, athletes, billionaires, and stars from over 45 different countries that make up its 675 families, ranks as one of the highest per capita income zip codes in the US. It is to be expected that there are going to be some pricey homes in the area. However, even the residents who are accustomed to luxe homes and posh surroundings were impressed by the Palazzo del Sol penthouse that recently sold for a record-breaking $35 million.

Highest Island Sale Ever Recorded

The Palazzo del Sol, which is scheduled to be completed in early 2016, is a 47-unit tower and the first new construction in the area in over 7 years. The units are currently 47% under contract, and the buyers are from locations all over the world including Spain, London, Mexico, New York, Turkey, Venezuela, and Brazil. Penthouse 2 was purchased by a Russian buyer, who paid $3,602 for each square foot of the 9,715 square foot space. This is more than 2.5 times higher than previously recorded record sale, which was $13.5 million for a 6,170-square foot penthouse that had been built in 1992 and owned by Oprah Winfrey.

The $35 million penthouse #2 is one of three available in the space, and has many amenities, including:

• A private elevator
• 18-foot windows that provide panoramic views that include South Beach, the skyline of Miami, the Atlantic Ocean, and the Biscayne Bay
• An open floor plan
• Seven bedrooms
• Seven and a half bathrooms
• A theater
• An exercise room
• A bar and lounge
• Separate family and dining rooms
• Four terraces
• A zero-edge swimming pool
• Outdoor entertaining areas and a summer kitchen designed by Enea

The kitchen and bathrooms are Boffi, and include SubZero, Duravit, Dornbracht, and Gaggenau fixtures. Together, the combined indoor and outdoor spaces total 8,595 square feet.
The Palazzo del Sol itself is also designed to provide luxury and amenities that are meant to impress. These include a The Wright Fit fitness center, a hair and makeup salon, cinema style theater, professional fur storage, two lobbies, an aperitivo bar, private massage rooms, Kidville playroom, and integrated media meeting rooms.

Fisher Island itself has undergone $60 million in renovations to locations such as the Vanderbilt Mansion, the oceanfront Beach Club, and a wealth of additional amenities that include a championship P.B. Dye professional golf course, marinas, and a Spa Internazionale, which have all gone to attract even more of the international spotlight.

However, the addition of the Palazzo del Sol is adding to that international appeal and according to the leader of pre-construction sales for the development, Dora Puig, it is also “reasserting its position at the top of South Florida’s trophy real estate market”.

While the $35 million penthouse is in a class of its own, the rest of the units in the tower start at $5 million, which is none too shabby for the Fisher Island locale. With these prices, the island just might be making its comeback. See all condos on Fisher Island currently available for sale here: http://www.sunnyislesmiamirealestate.com/South-Beach/Fisher-Island/


Miami Beach apartments for sale

If the sun, sand and amazingly luxurious homes weren’t enough to make everyone love Miami, there is one more thing to add to the list. According to Livability, a research site dedicated using research to explore cities throughout the country to determine what’s great about them, Miami ranked number four on the top ten list of healthiest cities.

What Goes Into the Rankings?

The rankings on this list were determined by several different factors in order to come up with a complete picture of the overall healthiness. These factors include:

• Access, affordability and quality of healthcare
• Obesity rates in adults
• Access to healthy eating options
• Doctor to patient ratios and number of hospitals
• Whether the city promotes healthy lifestyles with walking paths, parks, and farmer’s markets
• Cleanliness of the water and air

Miami’s Results

Miami’s number four ranking was based on a few different things, beyond its overall beauty that most associate with it. The most important considerations for their healthy living ranking were:

• Number One Ranking in Florida – As far as healthiest lifestyle options, this county ranked the highest in all of Florida! This is due to most residents exercising at least three times per week, an obesity rate of less than 23 percent and a lack of residents that partake in smoking and drinking.
• Many Beaches, Parks, and Recreation Areas – Miami offers numerous areas and locations that promote healthy exercise and activity, including playing in the surf, visiting parks, deep-sea fishing, golf, and tennis.
• Everglades National Park – This factored into the ranking due to the miles of biking and hiking trials, as well as kayak and canoe opportunities.
• Healthcare – Miami offers a high doctor to patient ratio, high-ranking doctor’s offices and hospitals in the healthcare community and most residents report that they make annual health screenings a priority.
• Access to Healthy Eating – Miami also offers numerous co-ops and farmer’s markets that provide organically grown produce, as well as juice bars, smoothie shops and many different vegan and vegetarian restaurant options.
• Clean Air and Water – When compared to the rest of Florida, both the air quality and drinking water quality are considered clean.

All of these reasons landed Miami in their fourth place finish. However, there are other locations that were just a bit better. Minneapolis, Minnesota ranked as number one due to 17% of the city being part of the park system, a high number of insured residents and a low number of smokers.

On the other end of the spectrum, Yonkers, New York ranked 10th due to its high number of walkable areas and parks, and a recently unveiled Green City initiative and a high doctor to patient ratio.
When comparing Miami to some of those other cities, there is no denying that the city has plenty to offer residents. After all, a beach bod doesn’t happen by itself! With all these benefits thrown into the mix, it only makes Miami an even better place to live, work and play. To see Miami Beach properties for sale please click this link: www.sunnyislesmiamirealestate.com/Miami-Beach/


Miami real estate for sale

Over the course of the past few years, some people were able to take the rough real estate market and make the most out of it. A great example of this is Jeff Greene, who became a billionaire during the recession. He was able to foresee that a number of homeowners would not be able to make their payments and would eventually default on their mortgages. This allowed him to know which homes to buy and then resell. While it was a dark time for real estate during the economic downturn, things are different now, and Greene has a very different take on the field. He believes things will continue to get better, and that the area will be able to sustain the higher prices for homes today.

Greene’s Road to Wealth

Greene owns a number of luxury hotels, including the Tideline Ocean Resort and Spa, and is working on developing even more, including two 30-story towers in downtown Miami. They would be hotels as well as condos, and he feels that the influx of wealth to the area will certainly be able to support the continued real estate growth.

Mr. Greene is not only investing in the Miami area though – see Miami real estate here. He also has property in other prime parts of the country, including a 25-acre property in Beverly Hills, CA. He’s been working on improving the opulent home and making it something truly special. It is 35,000 square feet and has 12 bedrooms, 23 bathrooms, and two kitchens. In addition, it is in a prime location and has some great views of Los Angeles. It offers even more including a garage that can hold up to 24 cars, a bowling alley, a rotating dance floor, and a vineyard. This is appropriate, since the wine cellar is able to hold up to 1,000 bottles.

He’s been building the estate for seven years, and he finally put it on the market. The asking price for the property is $195 million. This makes it potentially the most expensive public listing in the nation right now. Mr. Greene feels that the price is reasonable though, considering what the buyer will be getting, as well as the location.

Last year, there were only three properties in the US that sold for greater than $100 million, so selling the $195 million property in Beverly Hills may seem as though it will be a bit difficult. Greene feels that the property will sell though, and he believes that the probable buyer would be a sheikh or a Russian oligarch. It could also be a billionaire from China who wants a property in the United States. Greene believes that new wealth is coming to the US, and that the house will surely sell.

If his history is any indicator, then he’s probably right. He’s known as a very crafty investor, and he never spends his money unwisely. He looks toward the future and tries to predict the outcomes of the real estate market – www.sunnyislesmiamirealestate.com, and it has served him well thus far.


Florida real estate for sale

A few short years ago, the real estate market was in a substantial amount of trouble. Home prices were dropping, people were unable to buy and to keep up with their mortgages, and it was a bleak time for most. Fortunately, the economy has strengthened, and things have started to change quite a bit for buyers, sellers, and real estate professionals. The prices of homes are going up around the country, and this means that the market is recovering nicely. Some feel that it’s already back to the point before the last storm, and that the additional safety measures in place today will reduce the chance of another crash.

Prices Going Up

When comparing the home prices across the country from November 2013 to November 2014, you can see that there is an increase of 5.5%. This is no small amount, and it’s important to remember that this is just an average of all of the states. In some areas, such as South Florida, the prices are doing even better. Look at the Miami area, for example. Prices are up by about 8% in the same timeframe, and it doesn’t appear as though the price increase will be slowing anytime soon.

It’s important to remember that even though the prices are getting higher and more favorable, things are not quite back to the same levels prior to the recession. For example, Nevada, Florida, Arizona, Rhode Island, and Connecticut still have a long ways to go before they are able to match those previous prices. Still, most experts feel as though the prices will continue to go up for a number of reasons. See Florida real estate here: http://www.sunnyislesmiamirealestate.com/

Buyers from Around the World Want US Property

They feel that any lulls in price increase will only be temporary, and that the prices will keep rising as more and more people start to get into the market to buy homes. There are plenty of domestic buyers who have an interest in the South Florida area, and they are starting to look into new properties. New Yorkers, for example, find that even with the increased prices for Miami homes for sale, the cost is far less than what they would be paying for properties in NYC.

It’s not only domestic buyers who have an interest in purchasing properties in the US though. In fact, there are many buyers from China, South America, Europe, and Russia who have quite a healthy interest in the Miami area, and they are starting to snatch up properties. Some are looking to move to the US, while others are looking for vacation homes. Some are investors. There are many reasons to buy, and this is helping to push the demand for properties in the area.

Even though there is a surplus of properties in some locations, that’s not stopping developers, who know that the demand is continuing to grow. Many new luxury condo towers are going up in Miami all the time and buyers are trying to get in on the action now, before the prices go up even further.


Miami real estate for sale

Several years ago, when the United States was in the grips of the Great Recession, things were looking rather bleak for a large number of people at every economic level. People were losing jobs and finding it difficult to get more work. The financial bubble the country lived in burst and the economy, the stock market, and the real estate market fell quickly and deeply. They fell to a level that made it seem almost impossible to recover fully. It was a very frightening time for a number of people in the country. They lost homes, marriages, and their livelihood. It was the biggest financial fall the nation had suffered in many decades.

Now, years later, things are really turning around in a good way. Most of the experts agree that the United States is seeing a large surge when it comes to recovering. The Federal Reserve even certified that the economy is stable. President Obama points to a drop in the deficit as well as a massive boom in the energy output of the United States. These things are helping the country get stable footing in the world economy. More people are going to work, businesses are growing, and things are looking good for every sector of the country.

The unemployment rate in October of 2014 was 5.8%. This is the lowest it’s actually been since July of 2008. The forecast for growth in the U.S. economy is 3.1% in 2015. This is far higher than the expected growth in other countries around the world, and that should be very exciting for people in the U.S. It means that things really are turning around for the better. They even closed down the stimulus program, feeling it is no longer necessary as a means to beef up the economy.

Another area that’s been providing some relief to the wallets of people across the country is gas. The price of gas is lower than it has been in years, and saving at the pump means more savings in the bank, or more money to put back into other areas of the economy.

Miami Real Estate Market Improves

One of the areas hit the hardest was the real estate market. People could no longer afford their home, and they were losing property and going bankrupt. It was difficult to sell properties at all, and the number of homes that were on the market vastly surpassed the number of buyers. This drove the price of homes down, but even then, it was difficult for most people to even contemplate buying a property at that time. However, the improved economy means that more people today have the means and the savings to buy a nice home. It’s easier for them to get loans, and they and the banks are smarter this time around. They will not get into loans that could turn around and bite them in a couple of years. Miami real estate market is doing phenomenal, especially the luxury segment. The prices have gone up over 20% during 2014 and there is no slowdown anywhere on the horizon. It is predicted to rise even more in 2015.


Miami Beach condos for sale

Famed Bollywood actress and producer Poonam Khubani, best known for Aryan: Unbreakable and Star of Jaipur, as well as being vice president of Telebrands, seems to love Miami Beach. (See Condos For Sale on Miami Beach) She recently purchased a second unit, number 1602, at the beautiful Miami Beach EDITION. Khubani paid $17.5 million for first unit she bought, number 1601, and $16.5 million for this latest unit. Because the two units are next to one another, most are speculating that they will actually combine them into one massive unit. However, the actual plans are still unknown.

Poonam Khubani is one of the most successful women in the world, and was actually named as on the list of Top 25 Leading Women Entrepreneurs of New Jersey thanks to her business savvy and success across a number of fields. While she is a popular actress and producer, much of the money and success comes from Telebrands, the company she owns and runs with her husband, A.J. Khubani. Telebrands is the “As Seen on TV” company that’s behind many of those infomercials that air for a range of different products, such as Flip Jack Pan and PedEgg.

What Makes the EDITION Popular With the Rich and Famous?

Why would someone with the wealth and power of Khubani want to live at the residences at the Miami Beach EDITION? The reason is simple. All of the units exude true elegance, and it is the epitome of living in luxury. Buyers can choose from penthouses, two-bedroom duplexes, three-bedroom duplexes, triplexes, and one-bedroom residences. The building features only 26 units though. This means that those who are fortunate enough to get into the property will actually have more privacy than they might find at some of the other buildings in the Miami Beach area.

The staff at the building can offer a range of different services as well, including housekeeping, room service, concierge service, and even taking care of daily tasks such as shopping for groceries. Residents will have all of their needs attended to at the EDITION.

The residents will have access to the features and amenities at the hotel, round the clock security, access to the business center and meeting rooms, access to the restaurant and bars at the hotel, the fitness center, massage and spa services and much more to help make the lives of the residences more enjoyable.

All of the units at the EDITION are designed by John Pawson, one of the most famous architects in the world. Each of the units is unique. They have large living areas and floor to ceiling windows. They offer large balconies and terraces, as well as the best appliances, cabinetry, counters, flooring and features that money can buy.

With all of the features and amenities at the building, it’s easy to see why someone with the status of Khubani would want to own property there. It has a fantastic location, the space and the amenities that she and her husband need, and it really does act as something of a status symbol as well.


Miami real estate

Recently, President Barack Obama chose to rework the immigration system, and his plan has the potential to do some great things for real estate sales in the Miami area, at least according to some specialists. Helena Tetzeli, a corporate immigration attorney, says that President Obama wants to improve the current immigration programs so that they can help to improve investment and entrepreneurship among immigrants coming into the United States. It has the potential to expand the EB-5 Visa for immigrant investors, which allows foreign individuals to invest a million or more, or half a million if in a targeted employment area, so long as it creates or keeps at least ten jobs in the United States.

Real estate projects would certainly fall under this category for the EB-5 visa. It may also be possible to create other similar programs that could help to encourage immigration to the United States for investors who have an interest in real estate. Many developers in the region are already using the EB-5 visa as a means to help fund development in both the commercial and the residential areas.

Who Might Immigrate and Invest?

It seems as though much of the world has a focus on the Miami area when it comes to development and investment. European investors, as well as those from South America and China are looking for many different types of investments. Some want to work with developers, while others are simply looking to buy an investment property or two. By bringing more foreign investment to the area, it is better for the overall economy. Some developers have already been benefiting. Tibor Hollo, is a good example. The construction cost for the property is more than $800 million, but with the help of foreign investment, they are able to meet that number.

Each year, the country has a cap on the number of EB-5 visas it allows. This number is 10,000. Interestingly, in 2014, the country reached the cap easily, and many of the visas were for Chinese investors. This shows that there is a rather large interest in developing and investing in the country. Some of the other investors that love investing in the Miami area include those from Brazil, Argentina, and other countries in South America. Since the country met their visa cap though, it means that some of those other foreign developers may not have been able to make the investments they wanted.

More Changes Could Be on the Horizon

The new changes that are coming to immigration in the coming months and year could well add more avenues and options for investors who want to put money into development contracts. This should help to make it easier for all the out of country investors who want to work in South Florida and who were unable to do so because of the visa cap.

Miami and the surrounding area have a lot to gain from all of this foreign investment, and it will be exciting to watch how it all unfolds.


Miami real estate

It’s hard to believe 2014 is over and 2015 is here. 2014 was a great year for United States economy, the stock market and of course the real estate market. The US economy has officially recuperated and most experts agree that we are seeing a large surge when it comes to recovering. Even the Federal Reserve certified that the economy is stable. President Obama points to a drop in the deficit as well as a massive boom in the energy output of the United States.

These things are helping the country get stable footing in the world economy. The unemployment rate in October of 2014 was 5.8%. This is the lowest it’s actually been since July of 2008. The forecast for growth in the U.S. economy is 3.1% in 2015. This is far higher than the expected growth in other countries around the world, and that should be very exciting for people in the U.S. It means that things really are turning around for the better. They even closed down the stimulus program, feeling it is no longer necessary as a means to beef up the economy.

What Does That Do To Miami Real Estate?

2014 was a great year for Miami real estate (CLICK HERE to view properties) with appreciation rates over 20% and stronger than ever demand for the luxury properties. More and more World-renowned architects are choosing Miami for their projects, which adds to the city’s overall success. Miami has some of the most beautiful buildings on the planet.

The migration to Miami continues to be very strong with many families moving to Miami. There are a lot of executives of multinational firms moving to Miami as well and the Miami schools admitting more kids than ever each year. The South American markets continue to drive a lot of buyers into Miami because of the financial insecurity in their countries. There are more and more Europeans coming to Miami to purchase luxury properties you can only find in Miami. The New Yorkers are buying Miami real estate once again and that’s a big indication of stable economy in US.

Without any doubt, Miami is the new global city and will continue to attract many affluent clients looking for values they will not find anywhere else. The renewed confidence will make Miami real estate even stronger in 2015.

For more information on current Miami real estate opportunities, please contact our office at (305) 336-0457.


Miami Beach real estate

The prices for single-family homes and condos in Miami-Dade County (VIEW SITE HERE) have been moving inexorably upward for several years in response to the natural rebound of the real estate market, as well as the influx of investors and the area’s improving employment segment. In fact, median home and condo prices just hit a six-year high for the area. However, if you think that means Miami has become the most expensive place to live in the world, it’s time to rethink that.

In Comparison to International Markets

Miami attracts potential residents and real estate investors from all over the world. They flock to the warm, sandy shores to soak up the sun, enjoy one of the most genial living environments in the world, and to reap rewards on their investments. What they don’t do is overpay for real estate. Whether interested in a condo or a single-family home, you’ll find that reaching that six-year high point hasn’t drive Miami real estate through the roof. You can still purchase about six condos in Miami for the same price as a single apartment in London. Despite the modest cost, Miami and the surrounding area still makes it into Christie’s Top 10 list of the world’s best luxury residential markets, putting it on part with the likes of New York and Hong Kong.

What the High Price Really Means

If you take a long, hard look at the Miami-Dade real estate market, you’ll find that it’s not so much a single market area, as a lot of sub-markets stitched together. The markets mirror the layout of the various neighborhoods throughout Miami and greater Miami-Dade County. You’ve got Downtown/Brickell. You’ve got South Beach. There’s Bal Harbour, but there are many, many others, and the ultra-high multimillion-dollar properties are only located in a few of them. In reality, almost 70% of condos in the county actually sold for less than $300,000.

In addition, you’ll find that the six-year high figure is still lower than what it was back before the recession hit, sometimes considerably so. For instance, the median price for a single family home in Miami at the end of July 2007 was $382,000. Today, it’s $251,000. That’s up from the $162 grand it cost in 2011, but well below the pre-recession peak figure. You’ll find this holds true for condo properties as well. So, while the prices have increased significantly, they’re not as high as you might think, and they’re nowhere near as high as they once were. Why does the past price matter so much?

Miami real estate is still technically in recovery. Prices are rising. Eventually, they’ll make it back to their pre-recession levels, and you’ll find that those who bought early, even now at the six-year high point, made out far better than those who waited around to see what the market was going to do. Rest assured, it’s going to keep moving up. The only question is when you’ll get in.


Content published by Lana Bell

Content published by Lana Bell