Brickell City Center Condos

Cinemex is a celebrated company founded in Mexico. It’s long eyed potential locations in the US, but until now, it has not opened any cinemas north of the border. Today, all that changes as Cinemex and Brickell City Centre jointly announced that the firm would open its first US location in the mixed-use project located right in Miami.

About the Development

The new development will consist of almost 36,000 square feet of dine-in cinema. The property is expected to open in 2016, and Cinemex will partner with Chef Mikel Alonso (the name behind Biko), and Mica Rousseau of Mexico City mixology fame. Within the 36,000 square feet will be 11 viewing rooms and a total of 622 seats. The design and construction work for the project will be handled by Miami’s own Loguer Design.

About Cinemex

Cinemex is the world’s sixth largest cinema chain. The company’s focus here is to “bring the success of Cinemex to downtown Miami,” according to one of the firm’s VPs. Brickell City Centre makes the ideal setting for this type of establishment, and its interesting combination of film and food. Cinemex joins a growing number of businesses that have agreed to anchor the $1.1 billion Brickell City Centre project, including Saks Fifth Avenue.

Far from the Only Project

The Brickell City Centre project might be one of the most visible in the city of Miami, but it’s far from the only one. There are numerous others, including the proposed Worldcenter, which would occupy 17 acres of downtown Miami real estate and create an estimated 18,000 jobs. The development would contain a massive shopping mall, a huge convention center, a hotel with almost 2,000 rooms, and a new luxury condo development in addition to numerous bars, nightclubs, restaurants and more.

What It Means for Investors

Miami’s real estate is red hot at the moment, and most of south Florida is actually in the midst of a real estate boom, unlike many other areas of the country. The addition of Cinemex to the Brickell City Centre is just another feather in Miami’s cap, and another reason that real estate values continue to rise. As the city reinvents itself into one of the world’s top destinations for vacationers and hopeful residents of all types, those values will continue to increase. This benefits areas beyond just Miami downtown area, including South Beach, Bal Harbour, Sunny Isles and many others as well.


Miami real estate for sale

The real estate investment market in the US has undergone some significant shifts over time. Back during the recession, it tanked right along with the residential real estate market. It’s improved since then, as have most residential markets around the country. However, not all areas have experienced the same resurgence. For investors, that means it’s more important than ever before to choose the right area. Low entry prices aren’t the only thing to look for, and can actually be a sign that a market isn’t as healthy as it could be. More and more, investors are turning to South Florida, and to Miami in particular. Why is that?

Natural Advantages

One of the reasons for Florida’s rank as the top real estate market in the country is that it is rich in natural resources. It’s an undeniably beautiful place, whether you relish sitting on the beach, hitting the links or exploring untamed wilderness. There are swamps, hills, beaches, well-developed urban areas and more. It’s also warm year round, which makes it a natural destination for those who don’t enjoy the cold.

Man-made Attractions

In addition to the natural beauty and splendor of the state, you’ll find that it’s rich in human development. We touched on some of those above, but you’ll find much more. The oldest European settlement in America is in Florida, and there’s a lot more here, from museums to art galleries, from shopping malls to entertainment venues. It’s easy to reach pretty much anything you might want to do from virtually anywhere in the state, too.

Why Miami Rules It All

When it comes to Florida’s real estate market (click here to research Miami real estate market) , you’ll find that the south is more popular than the north, and in South Florida, Miami and the greater Miami-Dade area are the undisputed rulers. What makes Miami such an incredible place? You name it – South Beach, Sunny Isles Beach, downtown Miami and the list goes on and on. From deep sea fishing charters to ultra-high end shopping and dining, it’s all here, and it’s all within easy reach. A short drive from Miami is the beauty and jetsetter atmosphere of South Beach. Head up the road a bit and you’ll be in Bal Harbour, or venture into Sunny Isles Beach, or any of the other communities that make up greater Miami.

In all of those areas, you’ll find that the real estate market is hot, and getting hotter by the day. Luxury condo properties are going up by the score (on top of the many already in existence). There’s also a significant influx of major corporations. You’ll find that Nokia, Kraft and HP all have a huge presence in the area, as does Oracle, Microsoft and more. That equates to jobs, certainly, but it also caters to an upwardly mobile, affluent crowd that’s eager to get into owning their own home and have a preference for luxury properties.
South Florida is the ideal option for real estate investment, and Miami is its crowning jewel.


Miami Beach condos for sale

According to recent reports, the pocket listings, or off the market listings, in the South Florida region have gone up quite a bit over the past year. In fact, they’ve risen by about ten percent in that time. One reason for this is simply that people want to have more privacy when selling and they feel that it can offer less of a hassle. Pocket listings may work well in some situations, as evidenced by this increase, but they may not always be the right solution.

What Are Pocket Listings?

For those who are new to the real estate term, a pocket listing is simply the phrase used for a listing that is not in the MLS. This often happens because clients want to have a bit more privacy when they are selling a home. This type of listing often happens when the sellers have luxury properties for sale. They want to have more secrecy and privacy when it comes to their viewings, as well as negotiations. Ultimately, it is a marketing decision, but it is not always to the benefit of the seller.

What sellers really need to remember when they choose a pocket listing is that they are limiting the pool of eligible and potential buyers. While this might seem like a smart move since it focuses on getting only the buyers who have a real interest in the property, and it makes the showings easier, it could affect the price. With a smaller number of buyers, it can limit the price potential for the seller in some cases.

Additionally, brokers will have to beware of sellers and buyers who might not be willing to sign a contract with them, essentially pushing them out of the deal once they have the contacts they need. There is also a chance that the seller could back out on the deal or might decide to raise the price. Some feel that the increase in pocket listings could have another negative effect on the market for agents though. It becomes difficult for appraisers and agents to get real comps for properties they are selling in the area.

Of course, in some cases, this type of sale really is the best option. Consider those sellers who have true luxury properties. They do not want to open their home up to the public. They know they need to have a certain type of buyer with a certain amount of money, and opening the home up to everyone who wants to come through and “take a look” will bring them nothing but headaches.

Discuss It with a Broker

Those who are selling their properties and who are considering a pocket listing should actually take the time to talk to their broker about the possibility. Brokers and agents will have the experience to let the seller know whether going with a pocket listing really would be a good idea for their property or not. They have the experience to help sellers with the decision.

Our office has several pocket listings in the Sunny Isles Beach area as well as Miami Beach (view Sunny Isles listings for sale here). Please feel free to contact us regarding our pocket listings.


Sunny Isles Real Estate

Everyone in real estate remembers the “good old days” of the pre-recession era, when the prices of homes were high and developers and realtors were able to sell home after home. It seemed as though there would be no end to the golden days. Of course, everyone knows what happened next. The perfect storm of bad things started to come together. This stew of trouble really hit in 2007, and the real estate market has still not entirely returned to form. While things are getting better, there is still a long ways to go, as you will see.

First, it’s important to look at what caused that initial downfall back in 2007. In fact, it was the aforementioned stew, or blend, of issues that helped to tear down the real estate market.

What Caused the Fall?

One of the first problems was the fact that the banks seemed willing to lend to nearly anyone who wanted to buy a home. It seemed like a great time for anybody to buy property, but it turned out that many people bought without understanding their contracts. They bought more than they could afford and when the real recession hit, they couldn’t pay. The economic downfall coupled with the issues of properties being more expensive than people could actually afford was too much.

Everything fell apart, and it took years before things even started to get close to normal. In fact, we still did not reach those pre-recession prices. According to Zillow, the value of property in some parts of South Florida is still about 36% lower than what the prices were at their height in 2006. Other parts, of course, like Miami and Sunny Isles Real Estate (click to see Sunny Isles properties here). They also go on to say that, according to the current growth rate and patterns, they will not return to that high until sometime in 2019.

South Florida hit their low mark in 2011. Fortunately, there was a huge turnaround in 2012 and 2013. However, even though they did help the counties of Palm Beach, Broward, and Miami-Dade to recover quite a bit, the increases have started to slow. While there is certainly still interest in the area, the interest does not seem to be as “fast and furious” as it had been. This could be due to the home prices starting to go back up.

Slower Growth Might Be Good

Is the slower growth really a problem though? The speed at which the market prices rose before was a part of the problem. By growing slower, and growing at a natural rate, it may actually end up being a much safer and stable place to invest in the end. However, this does mean that many of the homeowners who are already in homes they bought a year or so ago will want to stay in their homes for at least three of four more years so they can get back to the breakeven point. Still, this is far less time when compared to how long it will take full recovery to reach many other areas of the country that had far more of a severe real estate drop.

Overall, the projections are very positive with real estate in South Florida as well as the rest of the country continue to flourish and appreciate, which means that now is still a great time to buy real estate.


Armani Sunny Isles Condo

A number of collaborations between developers and other individuals and groups have been happening in the North Miami Beach area. One of the recent announcements put the Italian company Fendi into the real estate game, but they are certainly not the only ones to enter the field. Armani recently announced that they would be collaborating with Dezer Development and the Related Group on a project in the popular area of Sunny Isles Beach. They announced this collaboration in early July, and it already has people quite excited about what they could see from the group’s collaboration.

What Is Armani?

Armani is a fashion house based in Italy and started in 1975 by designer Giorgio Armani. They design, manufacture, and sell a number of high quality luxury products including shoes, watches, cosmetics, leather goods, eyewear, and much more. They have been working in various capacities in property for a number of years now. They have worked in collaboration with a company called Emaar Properties, who have a chain of luxury resorts and hotels. They have properties in places around the world, such as Milan, Paris, New York, London, Los Angeles, Shanghai, and Dubai.

What Is the Project?

They are working on a condominium tower called Residences by Armani/Casa in Sunny Isles. The tower on Collins Avenue, designed by Cesar Pelli, will have 60 stories and 260 units. The high-end units promise to hold quite a bit in terms of features and options for buyers, all in that distinctive and luxurious Armani style.

Giorgio Armani, the company’s founder, is very excited by the project and released a statement where he said in part, “Armani/Casa was born from my desire to see my design aesthetic at work in interior spaces. On a project like this where we have the benefit of partnering with a talented architect like Cesar Pelli, we get the opportunity to create something really very special – a remarkable living space, imbued with the spirit of modern elegance.”

The group is eager to move forward with the project, and they believe that they will have the tower up and completed sometime in 2016. While it is still early, some details have emerged regarding some of the features and amenities that buyers will be able to find within the property. They should have three floors of private cabanas, as well as an onsite spa and fitness center. They will have an oceanfront pool, a sundeck, and a full service restaurant as well. Information about what features and amenities the actual residences will have is still scarce, but more will come out soon.

People who have been following the Armani project are very excited about what it will offer and what the new tower can provide for those who make it their home. Sunny Isles Beach has been a popular area for developers for a number of years now, and this popularity is not going to wane anytime soon. The area has a lot going for it, including a near perfect location that’s right along the water.

For more information on Armani Casa Sunny Isles, please CLICK HERE


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.


Content published by Lana Bell

Content published by Lana Bell