It’s hard to believe that 2009
is already half over. Thus far, 2009 has brought good things to Miami Beach luxury real estate. This stunning area seems to be recovering quite well from the real estate woes that plague other areas of the nation. In fact, sales have climbed back up to an average of 70 per month in the area, thanks to some very low pricing. This is good news for you and anyone else interested in purchasing a luxury condo in Aventura, Sunny Isles, South Beach, Bal Harbour, Surfside, Golden Beach and many other luxurious areas in Miami.
a recent study of the area’s real estate growth shows that Miami Beach condos are filling
up quite quickly, with an estimated 62% of those built since 2003 already occupied. Area experts expect occupancy
rates to jump as high as 98% within just a few short years. While Miami Beach real estate certainly hasn’t reached the point it was two years ago, the long-expected recovery now seems to be in full swing. In fact, almost 20% of the empty condos in the area have filled up already.
Why is this good news for you?
First, it means that it is still a buyer’s market – you can find some incredible
prices on the most luxurious Miami condos, the most prestigious addresses can be had for seriously low prices. Of course, you will find that the area’s real estate never truly depreciated as much as most other areas of the country; Miami Beach luxury condos hold their value unbelievably well. That said, excellent deals await! Finding them is where I can help you.
Properties You Won’t Want to Miss
Ocean Three – The Best Value In Sunny Isles. One of our featured properties, in one of the best building, Ocean Three Sunny Isles Beach on Collins Ave and 189th street. Private elevator entrance, over 3,000 square feet, 26th floor, one of the best panaramic views in Miami. Finished like it belongs in a magazine! Click to see more: http://www.sunnyislesmiamirealestate.com/Condo-Sale-Ocean_Three_III-mls-D1215609-in-Sunny-Isles-Beach.htm
Jade Ocean – Top Building On The East Coast. The most prestigious address today. Brand new building, amazing amenities, located in the heart of Sunny Isles. Available for sale the largest 4 bedrooms corner apratment. Priced for quick sale at $2,700,000. Designer ready unit. Click to see more: http://www.sunnyislesmiamirealestate.com/Sunny-Isles-Beach/Jade-Ocean/
Ocean Four – Luxury On The Ocean. Our featured property, most desirable line, four bedrooms, beautifully finished with marble throught, it has four terraces, 3,018 square feet under air, and direct ocean views from 27th floor South East corner. This unit is priced to sell, the owner must move! Click to see more on Ocean Four Sunny Isles: http://www.sunnyislesmiamirealestate.com/Condo-Sale-Ocean_Four-mls-D1330041-in-Sunny-Isles-Beach.htm
3 Bedrooms Jewel In Jade Beach. Those who follow the Sunny Isles Beach real estate market know how successful Jade Beach Sunny Isles has been. It’s simply the most beautiful and ultra luxury condo on the ocean in Miami today. “Smart Building” technology like finger print access and touch screen at every residence allows you to get better services than any butler can provide. I have a three bedrooms for sale at Jade Beach on the 15th floor, corner unit with amazing ocean and city views, over 2100 square feet, priced to sell! Click to see more: http://www.sunnyislesmiamirealestate.com/Condo-Sale-JADE_BEACH-mls-D1299869-in-Sunny-Isles-Beach.htm
Turnberry Ocean Colony – The Most Luxurious Condo On The Ocean. If you are looking for the most luxurious building, then Turnberry Ocean Colony Miami is the place for you. You will be simply amazed with the level of service, amenities, restaurants and residents. I have a beautiful two bedroom unit on the 31st floor, professionally decorated with the most beautiful materials, like marble, custom doors, and amazing kitchen with gas range. 2,240 square feet, this two bedroom unit is very spacious and offers direct ocean views. Click to see more: http://www.sunnyislesmiamirealestate.com/Condo-Sale-TURNBERRY_OCEAN_COLONY-mls-D1278019-in-Sunny-Isles-Beach.htm
Other Interesting Happenings from the Miami Beach Area
Palm Beach’s Worth Avenue – Looks to Restoration – Palm Beach is a wonderful little area, filled with all the trappings of wealth and glamour. Worth Avenue, long famed as the signature luxury area, might just get an update, returning some of the street’s features to their early 20th century look. Angular street-side parking might return (as opposed to the dreaded parallel slots), coconut palm trees would once again line the street and a tremendous amount of charm would be restored to this historic street. The project is slated to begin in 2010, and would cost just over $14 million if approved. Thus far, the project has received plenty of support from local residents, who favor green space over the growing urban clutter. While Palm Beach technically lies north of Fort Lauderdale, the restoration project is big news for the entire Miami area, simply due to the popularity and history imbued in this wonderful area.
Miami Symphony Orchestra Sees Things Look Up – In 2003
– the Florida Philharmonic Orchestra filed for bankruptcy and ceased to function – the Miami Symphony Orchestra has long eyed the prime position in the classical music scene in the area since that time. While the orchestra has not quite risen to that level of stardom, Conductor Eduardo Maturet, who took over after the 2006 death of founder Manuel Ochoa, has been taking enormous strides forward. The orchestra recorded their first studio album and Maturet has been courting investors, as well. As other classical music groups in the Miami area succumb to the financial crisis gripping the nation, the Miami Symphony Orchestra is looking to growth, both financially and in terms of popularity.
Cvi-Che 105 Tops Diners List
– I’ve always loved Peruvian cuisine. The unique combination of Asian and South American influences, combined with Peru’s unique take on culinary delights makes these dishes a true wonder. Now, that wonder has come to my beloved Miami. Cvi-Che 105 serves up Maki-Mikkei rolls, potato cakes with layers of avocado and shrimp, mashed yellow potatoes, traditos in citrus juice, hot peppers and other delights. The restaurant actually began life as a Cuban establishment, named Lacibeles – it was rechristened eight months ago and has not looked back since. Serving some wonderfully different fare for breakfast, lunch and dinner (pork and chicken stuffed tamales and steak sautéed with onions, with a topping of fried eggs make up some of the breakfast fare), the restaurant has quickly become one of the go-to locations for discerning diners in Miami.
The Webster Opens Its Doors
– Do you love to shop (or know someone who does)? If so, then The Webster is South Beach’s finest, hippest, newest and largest shopping haven. 20,000 square feet of renovated hotel space has been transformed into an incredible shopping paradise, filled with some of the top names in the fashion world. The Webster is the brainchild of Laure Heriard Dubreuil, Milnan Vikmirovic and Frederic Decknik – the doors opened with an incredible opening party on June 1st, featuring names like Cassie, Naomi Campbell and Pharrell Williams.
An Old Icon Returns to the Cocktail Circuit
– South Beach has never truly been short of entertainment, but I was very interested to learn that the Clevelander is reopening after two full years of restoration and changes. Once, this was the home of hard drinking, wet t-shirt contests and debauchery. The new incarnation promises to change things more than just a bit. The C-Level Rooftop Terrace is a new addition, as is the SPF4 Sun Deck, where you will find a private bar and views of the surrounding city and beaches. The venue also offers a new indoor nightclub, called 1020 Music Boxx, while the Game On Sports Bar is the go-to solution onsite for sports enjoyment. The Clevelander also features revamped swimming pools, new bars, new décor throughout the hotel and more, courtesy of the multimillion-dollar renovation. The rebirth was celebrated by a 3-day event, kicked off by DJ Jazzy Jeff, djMIA, DJ Irie, Sky Nellor, DJ Z-Trip and Star Eyes, as well as Inner Circle and others.
As things continue to change and grow
in my beloved Miami area, I’ll continue to keep you updated with the latest information. Of course, if you have any information about Miami Beach luxury real estate for sale before the next newsletter comes out, don’t hesitate to contact me – I’ll be more than happy to help.