preconstruction condos miami

Many Canadians and Europeans love flying south for the winter and staying in those beautiful, warm locales that their home country simply can’t offer. While some are content simply taking a vacation and renting properties, a growing number are actually looking to buy. The interest rates are still quite low, and it does make more sense to buy a home, or a vacation home, right now. However, those who want to buy a property in Miami Florida should know a few things before they start making their purchase.

What’s the Market Like Now?

Just a couple of years ago, the real estate market was in trouble and crashing fast. It was a terrible time for all real estate owners, but, as time showed later, a great time to buy. However, not many could afford, or wanted to buy a property in a crashing market. Times have changed to exactly the opposite. Now, everyone wants to buy and regret that they didn’t buy when the market was at it’s lowest. Don’t feel bad, not many could do this from a physiological point of view. It takes guts and cold mind to buy properties in an unstable market. However, those who have done it got rewarded royally.

Today, the rates are still very low and buyers should take advantage of that, because no one knows just how long these low rates will last, and as the economy recovers, the price of homes is starting to go up along with it. After all, the price of homes generally relates to what the market can bear and tolerate. What does this mean for buyers? It means that buying sooner rather than later is likely to be a very good idea.

Florida has always been popular with the snowbirds from the northern reaches of the United States as well as Canada, and that will not change. In fact, it’s likely that more and more people will start considering buying in Florida because of the quality properties. This means that all current pre-construction condos in Miami (view here pre-construction condos Miami) could be gone sooner than potential buyers might imagine. Look at 2013 as an example of how popular Florida is. During the last year, Canadians have been buying warm climate properties in droves. California accounted for about 8% of the purchases, followed by Arizona with 24%. Florida accounted for 39%.

What Do Canadians Need to Know When Buying?

When a Canadian wants to buy a home in the U.S., the process is a bit more complicated. Therefore, it is important to work with a real estate agent, as well as a mortgage broker, insurance agent and an attorney who understands those complexities and have experience with foreign citizens. You will also need to get in touch with a tax attorney as well, who can help you to understand how the Canadian and U.S. tax laws will affect you and your purchase.

Some Canadians purchase their homes with cash, and may be better off working with RBC Banks. Again, you have to make sure that you are working with banks that have experience in foreign home purchases. Otherwise, you could run into more complications down the line.

Today, Miami pre-construction condos offer luxury, location and care-free lifestyle for vacationers as well as permanent residents. Just make sure that you align yourself with the right team to make buying the home as easy as possible for you. Also, remember that you want to start buying now, so you have the choice of the best properties!

Our team consists of highly specialized professionals including top-producing realtor Lana Bell, at attorney who specializes in foreign buyers, professional mortgage brokers and more. Call One Sotheby’s International Realty office to speak with one of our realtors, or call Lana today – (305) 336-0457.


Sunny Isles Condos for sale

Sunny Isles Beach Miami Florida is one of the most popular places in the country for those who are looking for high quality properties. The sales in the area are quite brisk and the homes are never far from the beaches, and it is just a short drive to Miami and Fort Lauderdale airports. The location, the weather, and the abundance of great properties combine to make the area one of the most sought after locations. Of course, those who are thinking about moving to the area, or buying a vacation home or investment property in Sunny Isles would probably like to know what types of housing styles are available.

Home Styles for Every Need

One of the things that most people notice is the Sunny Isles Beach skyline and the sheer number of high-rise condominium towers located right on the sand of the Atlantic ocean. It’s certainly true that the towers are some of the most prominent forms of housing in the area, however, there are also private single family homes in Sunny Isles Beach as well.

As for the styles of those single-family properties, they vary widely, even in the relatively small area of Sunny Isles called Golden Shores http://www.sunnyislesmiamirealestate.com/Sunny-Isles-Beach/Golden-Shores/(click here for Golden Shores properties for sale). Many of these residences are along the waterfront, or at least very close to it, given the layout of the island. Some of the homes are relatively simple single story affairs, while others are large, grand estates with gated entrances that look as though they would fit right in among homes in Bel Air or Beverly Hills.

While it is possible to find single-family homes in the area for different budgets, the predominant housing style is certainly the condominium. Many wonderful options are always available along the likes of Collins Ave. and Atlantic Blvd. What is it that makes them so popular?

For starters, the condominiums are in large towers of varying sizes, which means more people will be able to live on a smaller plot of land since the developers build upwards rather than outwards. This also means that people who move into the tower will have great waterfront living and ocean views. If there were only single-family properties, far fewer people would be able to enjoy the area.

The towers all have their own unique and very distinct architectural style, too. They vary in size and they can work well for just about anybody – young couples, single people, retirees, families, etc. Whether they are buying as a permanent residence or they are simply buying for a vacation property, plenty of fantastic options await. (To view Sunny Isles Condos for sale CLICK HERE)

Most of the condominiums have been built after the year of 2000 and have a very contemporary and modern style to them, with a number featuring a flow through design that keeps the space nice and open. They tend to have balconies, as well, which allows everyone to enjoy the views even more. Take the time to start exploring all of the different options available and see if you can find something that suits your aesthetic sensibilities along with your budget. In Sunny Isles, there is a property that is right for just about everyone.


Jade Signature Sunny Isles

Some of the best, most luxurious and most expensive properties in the world are in South Florida, and the market for those high-end homes is hotter than ever. Buyers from all around the world vie for some of these gorgeous properties, and the recent sales at one of those prime properties, Jade Signature (click here to view the site), is a prime example of that.

Easily one of the most popular condominium complexes in the South Florida area, Jade Signature recently did the unthinkable. They were actually able to produce record sales that outmatched all of the other developments – including other quality luxury developments – in the span of a month. What is it that makes this property so special that they could amass $57 million in sales in a single month? Quite a few things, actually.

First, they have a great team of architects that created a truly high quality building. They also have great designers that make sure everything is perfect. When you look at the building and the units, purely from an aesthetic point of view, it’s actually easy to see how they were able to sell 70% of their units in that time. These units are luxury from top to bottom, and the building amenities help to sweeten the deal even more.

What Does the Building Offer?

The final property will feature high ceilings, floor plans that flow throughout the unit, large terraces and balconies, and beautiful oceanfront views that are simply stunning. You are right on the beach too, which is a huge draw for many buyers. While the units are phenomenal and are certainly reason enough to buy, the amenities in the building help to make it an even better purchase.

Located in beautiful Sunny Isles, the building will feature plenty of amenities that residents will love. They will have a two-story lobby with three grand staircases, a spa, several pools, and a beach grill. The building will also have a state of the art home gym so the residents can stay in great shape for when they head out to the beach. It will feature club rooms, a breakfast room, a library, kid’s room and teen room, lounges, a concierge, doorman, valet, and even guest suites.

Who Buys the Units?

Many of the people who are buying units at Jade Signature do not plan to use them as their primary residence. Instead, they are buying second homes, and they live in other areas of the country, or other areas of the world, most of the time. In fact, individuals from sixteen different nationalities have bought here.

Once you start to examine all of the great things that this 192-unit tower has to offer, it really does become much easier to see how Jade Signature became so popular with buyers here and abroad. It offers an experience to live in the lap of luxury right on the beach. The units really are going quickly though, so buyers who want to get in on the action need to act sooner rather than later.

To reserve your condo at Jade Signature please call (305) 336-0457


Sunny Isles Beach condo

If Edgardo DeFortuna and Manuel Grosskopf can get a demolition permit for the hulking, half-built structure on their newly acquired Solis site, the city of Sunny Isles Beach has agreed to give them a pretty serious perk. If DeFortuna and Grosskopf demolish the Solis building, they’ll receive a $250,000 credit, which will go to the cost of the Transfer of Development Rights on the property.

Last year, DeFortuna’s Fortune International purchased the property (through their subsidiary, Sunny Isles Property Venture, LLC) for just under $41 million. Beachfront property in Sunny Isles Beach (view site here) is prime real estate, as you can tell by a price tag of over $40 million per acre.

DeFortuna and Grosskopf (of Chateau Group) have joined forces on this Sunny Isles beachfront venture, adding a neighboring Ocean Palms site, for an additional $40 million. The developers obviously see great value in the area, along with very serious growth potential, or they would not be pouring millions of dollars into developing in the area.

Residents of Sunny Isles Beach should be able to breathe a sigh of relief, as Fortune International and Chateau Group join together to demolish a long-time eyesore. Construction on the Solis building began back in 2007. It was intended to be a 53-story residential building. However, when the housing market collapsed in 2008, construction was halted with the building’s skeleton standing at only 10 stories.

For the past six years, the Solis site has been a point of contention. Developer Gil Dezer applied for extensions to his group’s building permit and hoped to begin construction again – after over half-a-decade – by the end of the fiscal year in 2013. However, that plan fell through, and DeFortuna was the lucky winner to purchase the property.

If DeFortuna and Grosskopf can keep their momentum going, getting a demolition permit by May 1st, they’ll begin demolition by the first of June. This progress has to come as a serious relief to the residents of Sunny Isles Beach. After all, the desolate skeleton of the Solis building isn’t just an eyesore; it is a reminder of economic instability.

It was only six years ago that the housing market collapsed. Economic instability and low confidence in the market created a lot of unemployment, lost savings, and general unease. As long as that building stands, the residents of Sunny Isles will have a property-devaluing eyesore that reminds them that even real estate is not a guaranteed investment.

The sooner the Solis building can be demolished and replaced by successful constructions, the better off Sunny Isles Beach will be. That’s why the city is willing to credit these developers with a quarter of a million dollars to get the job on its way and over with.

With incentive like this, DeFortuna and Grosskopf would have to be fools to remain stagnant on this project, and these men are definitely not fools. They’ve made wise and timely choices in their real estate ventures, and this; so far, $81 million project should be no exception.

Click here to view Sunny Isles Oceanfront condos for sale


Sunny Isles real estate

Are you ready for an evening of family fun and music? Every third Wednesday of the month, the city of Sunny Isles Beach presents a different band in its Sunny Isles Serenade Concert Series. Every season for over a decade, this concert series has brought free, family-friendly fun to Sunny Isles Beach. On March 19th, you’re invited to listen to rockin’ classic covers by VIVA.

However, there’s so much more to this concert series than just great music. There’s also a variety of delicious food for sale, great atmosphere, and a playground for the kids to play on while you enjoy some great rock and roll.

The Sunny Isles Serenade Concert Series began its first season over twelve years ago, with the grand opening of Sunny Isles Beach’s first park. Now, over a decade later, Heritage Park is still as beautiful as the day it was first opened, and the Sunny Serenade is more popular than ever.

As always, entrance to the park is completely free. You’re encouraged to bring blankets and/or chairs to lounge in comfort on the grass while you listen to great music, relax, and watch the kids have a ball on the playground or the dance floor. Of course, you’re also encouraged to get up and do some dancing, yourselves. The Sunny Serenade is here for your enjoyment.

Rock the Night Away

Most of the bands that play at the Sunny Serenade specialize in classic rock, though some special nights feature dance shows and ethnic music. Even on these nights, though, the dance floor is open to anyone who wants to cut a rug.

The weekly concerts start at 7:30 and last 90 minutes. For couples and families with older kids, that gets everyone home and in bed in time for school or work in the morning. For those with younger kids, you might be carrying them out of the park by the end of the night, but they’ll have had so much fun and tired themselves out so much that you can bet that they’ll sleep the whole night through.

You can rest assured, when you bring the kids with you, they won’t hear anything that you don’t want them to. This concert series is family oriented, and most of the featured bands play classic rock. That means you can dance to the songs of your youth, and your kids can get a glimpse of what you were like when you weren’t much more than a kid, yourself.

Details and Schedules

The Sunny Isles Serenade Concert Series runs from September through May, each year, taking full advantage of our beautiful southern Florida weather. The concerts always start at 7:30 PM and are over by 9:00. This year, our series is slated to run through May 21, 2014, so there is one more week left to enjoy it! If you have any questions about a particular concert, band, or the whole series, feel free to call the Cultural and Community Services Department at (305) 792-1706.


Regalia Sunny Isles

If you’ve been following the case of architect Sieger Suarez versus Arquitectonica International, you already know that Sieger Suarez Architectural Partnership sued Arquitectonica for using plans their architects had created over a decade ago before they were replaced for the Portofino South Beach project.

In 2000, Seiger Suarez was the architectural partnership in charge of designing the Portofino building for Arquitectonica. However, that year the architectural firm was dismissed from the project and replaced. Twelve years later, Sieger Suarez brought litigation against Arquitectonica, stating that they not only used Sieger Suarez designs, but that the developers also did not pay an invoice for $150,000.

These are serious allegations. However, as John Shubin – one of Arquitectonica’s attorneys and a partner at Miami’s Shubin & Bass law firm – states, the claim seems far-fetched. Why didn’t Sieger Suarez make any claims for that invoice back in 2000, or at least sooner than 12 years after their contract was terminated?

Hesitation May Have Lost the Case

Well, whether Seiger Suarez should have acted sooner or not, the judge presiding over the case has ruled in favor of Arquitectonica. It has been determined, in federal court, that Arquitectonica’s luxury Regalia condo tower does not bear enough resemblance to Sieger Suarez’s designs to merit any recompense. Furthermore, it was ruled “with prejudice”, which means that Sieger Suarez may not attempt to file another suit in the future.

The Regalia tower (CLICK HERE TO VIEW THE SITE) began construction in 2012, after a long stall in development. The project is back on track and should be completed soon. These ultra-luxurious condos are sure to be the envy of all of the Sunny Isles Beach area. The 42-story tower will have only one unit per floor, giving its residents 360-degree views and as much floor space as they could ever want. Pricing begins at over $1,500 per square foot.

Now that the lawsuit has been dismissed and no copyright infringement has been found, Arquitectonica is free to continue their project and sell these amazing condos to buyers interested in a true luxury lifestyle in southern Florida.

Regalia Will Provide Serious Luxury

While a 12-year hold for the project may seem a bit long, it actually turned out to be the best move possible for Arquitectonica. The Regalia tower has managed to miss the housing bubble and the collapse of the real estate market. While it was in the planning phase for many years, it will now emerge at the perfect time for property values and investments.

This lawsuit and its outcome should come as a warning to architects, designers, and developers. As an architect or designer, if you feel that your designs have been compromised or lifted from you, your only recourse is to act immediately, lest it look as though you’re trying to profit from someone else’s project. As a developer, you’ll need to ensure that your plans are solid and that you have full rights to use them before you begin construction on your project. You don’t want to lose money that could have otherwise been protected.


Turnberry Ocean Club

Yesterday, Jeffrey Soffer of Turnberry Associates announced its plans to develop a new all-glass 52-story tower in Sunny Isles Beach, Florida called Turnberry Ocean Club. Sunny Isles Beach, with an already a reputation of the 21-st century luxury oceanfront high-rise community, is probably one of the busiest South Florida markets for luxury residential condo construction. (To view properties for sale in Sunny Isles Beach CLICK HERE)

The new Turnberry Ocean Club will be designed by Carlos Zapata and will feature 154 units, 3 units per floor, all with ocean views, 52 floors – 649 feet high, ranging in size from 2,750 to over 10,000 square feet, with price ranging from $3M to $22M. The construction will begin early 2015 and the building will be ready for occupancy mid 2017. This will be the company’s 13th luxury residential development in South Florida.

Back in 2006 Sofer targeted Sunny Isles Beach and successfully sold both towers of Turnberry Ocean Colony. However, back in 2003 Turnberry Associates developed Oceania Island Tower V and prior to that it was Porto-Vita Towers and Townhomes, the luxury residential development in Aventura. Over the interview with Miami Herald, Jeffrey Sofer said “I think we have some of the best assets in the world, We’re in a great city and it’s still cheap compared to the rest of the world.”

The Sofer family, a diversified developers of more than $7 billion in commercial and residential projects, are taking construction to the new hights, adding on to the company’s signature projects: Aventura Mall, the Fontainebleau and Aventura’s Turnberry Isle Miami resort. Other major projects are on the roster in Nashville and elsewhere in Florida as the company pours hundreds of millions of dollars into new development. In addition, Jeffrey Sofer is working on bringing casino gambling to the Fontainebleau Miami Beach and to expand the Fontainebleau resort brand globally.

If you’re interested in reserving a unit at the new Turnberry Ocean Club, please contact Lana Bell (305) 336-0457


Miami condos for sale

Sunny Isles Beach has a reputation for new oceanfront luxury high-rise condominium community of the 21st Century and, in that regard, it seldom disappoints. Sunny Isles Beach real estate (click here to view the site) as well as other parts of Miami presents one of the most attractive luxury real estate markets in the world. In fact, it is so attractive that it brings people from all over the world and, in part, that is what inspires me to be a real estate broker in this affluent, diverse and exciting real estate market.

ONE Sotheby’s International Realty is of the most prestigious real estate firm in the world and speaks directly to the market for luxury properties. To offer better service, I am a Certified Luxury Home Marketing Specialist and a negotiating expert, which gives me the necessary knowledge to help clients meet their goals with their property purchases, which is one of the things that truly makes working in real estate worthwhile. A property is so much more than another acquisition. While a property can be a great investment, at some level, it is always a home and helping clients to find exactly the property they wish to call their own is incredibly motivating.

A Great Market

The Florida real estate market is definitely heating up again, according to multiple sources, including the http://www.miamiherald.com/business/real-estate/ Miami Herald. There are great opportunities for people to make investments in this market, and with people from all over the world being attracted to Miami real estate, I’m able to take advantage of my global connections, the resources I have at my fingertips and my expertise in this market to help people find exactly the properties they want. Ideally, I’m able to bring together the perfect property and the investor who will appreciate it for what it is and be able to turn it into something that is uniquely their own.

Diversity

I have a staff of 20 expert agents who understand the cultures of people to whom we sell and who speak the native language of the buyers. That includes people who speak fluent Russian, Portuguese, Chinese, Hebrew, French, Spanish, Italian, German and Swiss. With a great deal of cultural knowledge and the ability to speak to people in their own languages, we are able to make certain that the investments that international buyers are making in the Miami areas is understood to the greatest degree of detail and that buyers can proceed with confidence when they find a property that they want.

The Deal

Of course, completing a real estate deal means more than being aware of the culture of your client and being able to speak the language. The language of real estate itself is something that requires skill to understand and I endeavor to make certain that my clients always get the best deal. That means that I leverage my knowledge of the local real estate market to enable my clients to take advantage of the best possible timing to make their deal and that I bring to the table the negotiating skills that I have developed over many years as a broker.

Above all other things, I find inspiration in helping my clients. As this testimonial reveals, I do everything I can to give my clients the best possible experience and the best possible investment.

“We had a fantastic experience working with you. We’ve never felt any pressure at any time and your experience and in-depth knowledge of the building as well as the local real estate market, made us believers. We couldn’t be happier at Turnberry Ocean Colony. You’ve been a pleasure to work with and a bright spot during this delightful process.”
-Evan Y.


Miami real estate

ONE Sotheby’s International Realty Sunny Isles Beach Branch is gearing up to provide the best real estate resource for the South Florida real estate market. Our site covers the markets for commercial real estate (view site) as well as residential properties. In addition to this, we provide top-performing brokers as well as valuable insights to the local market place. Our knowledge of local market is superb when it comes to luxury oceanfront condos and waterfront homes.

Listings

Miami Florida has some of the finest luxury real estate in the world and, because of that, the most expensive properties on the market are always of interest to not only investors, but simply to those who want to know what’s out there for people who are looking for something that is a bit beyond luxurious. Our Trends Magazine is a semi-annual, comprehensive study of South Florida real estate market activity from Miami to Fort Lauderdale, including in-depth data analysis by neighborhood. (Click here to view).

What’s In Store?

There are plenty of reasons to be optimistic about South Florida’s real estate market. Not only has the worst of the financial crash long since passed, the real estate market is showing a great deal of promise in terms of how it may shape up in the future. In fact, some real estate experts are predicting that the boom and bust cycle that has characterized South Florida real estate has switched and now the market is once again heating up. Interestingly, one of the reasons, at least in part, is because of one of the greatest strengths that South Florida has always had: it’s appeal to international residence.

Brining in the Cash

Investors, as well as new residents from Latin America, Russia and Europe who are looking for luxury real estate have been picking up some of the most desirable properties regularly. This has brought some stability to the market and, in the future, it may ensure that the boom and bust cycle isn’t so much a part of South Florida’s real estate market at all. With a diversity of properties available, including waterfront properties that sell in the millions and residential homes that sell for very reasonable prices, South Florida has enough diversity among the real estate market to keep such investors happy.

Our website offers all currently available listings in from Fort Lauderdale to South Miami all with photos, maps and extensive statistics information to provide all available data to our clients. Please see the site here – http://www.sunnyislesmiamirealestate.com/. In addition, we’re always eager to help and educate our clients in using the tools we provide as well as our professional opinion. If you’re looking to list a property, please contact our office at (305) 336-0457 and we will provide market analysis report and well as comparable properties report and will get you the best possible price on the market.

Contact us today to learn about the future of the market and how it may stack up in terms of investment potential. With great properties being available and investors from all over the world demonstrating an interest in picking them up, the real estate climate in South Florida is likely to be just as sunny as the weather in the near future.


Miami real estate

The economy is back in full swing in southern Florida, and it is largely being powered by real estate. According to the Miami Herald, recently released numbers show that real estate has been the number one contributor to economic growth. In fact, $.31 of every dollar added to the economy comes from real estate, according to the reporting period.

Currently, the tri-county area has an economy of $274 billion. That economy grew by 3.5% over the last year. Not only is this good news, it’s actually incredible news. This is the biggest increase in the economy since 2006 and it is ahead of the national average, which currently sits at 2.5%.

This is a wonderful contrast to the stark reality of only five years ago. The Florida real estate market took one of the hardest hits during the Great Recession but, as many real estate experts predicted at the time, it has come roaring back to life. The new construction is rampant, there has been an increase in both the value of homes and the sale of homes – which is good news for buyers and sellers – and the real estate market itself has done 8.4% better than it did in 2011, according to the reporting.

Helping the Economy

The real estate uptick in Florida has helped the entire economy. During 2012, according to the reporting, the amount of government spending was essentially flat. The activity in the real estate market, however, has helped the economy tremendously, aiding in offsetting some of the declines in government spending and some of the significant drags on the economy, according to the Miami Herald.

One of economist from St. Thomas University notes that real estate is one of the most fundamental areas where economic recovery needs to happen. According to the numbers, real estate is, indeed, providing a vital foundation for further economic growth and, with many new properties coming onto the market, it’s likely that new money will be added to the economy through the real estate sector at an impressive rate.

Where It’s Coming From

South Florida has always been an area characterized by a very diverse population. Its geographical position puts it in excellent proximity to Latin America and many of the most active real estate investors have come from Latin America. Europe, Russia and the Middle East have also contributed a great deal of money in terms of real estate investment and, because of that, South Florida real estate has become very attractive to other investors, both foreign and domestic.

In this competitive market, the combination of new construction, attractive properties that are already available and motivated buyers who want to get in on this market while it is growing at this rate make it necessary to have an experienced and intelligent realtor working with you to make a deal. Areas such as Sunny Isles Beach real estate, Miami Beach real estate and other highly desirable addresses go quickly, and the numbers seem to show that they are going to start moving even more quickly than they have in many years.


Content published by Lana Bell

Content published by Lana Bell