1500 Ocean Drive Miami Beach

The Surf Club Hotel and Residences is a very prestigious address in Miami Beach, located just to the south of another prestigious area, Bal Harbour. The property was designed by Richard Meier and comprises to 12 story residential towers. These have 150 homes located between the ocean and the Bay with plenty of amenities on site.

This club was created in 1930. At that time, Miami Beach was extremely popular with celebrities as a vacation spot and, of course, it has only become more popular over time. The original structure was a Mediterranean villa that was, from the top down, pure luxury. It had its own ballrooms, bathing cabanas and plenty of other amenities.

The 150 residences on The Surf Club now are designed to be versatile, luxurious and, in every regard, representative of what high-end property in Miami Beach should be.

The Properties

The homes in this property are between 1000 and 8000 ft.². All of them have floor-to-ceiling windows – which really have the appearance of glass walls more than anything else – and 20 foot ceilings.

Some of the homes have their own private swimming pools. There is an infinity swimming pool located on the property, as well, for when you want to go socialize and meet the neighbors.

The property is provided with the types of amenities that one would expect from the finest resorts in the world. There is a concierge on duty at all hours of the day and night. If you have a pet, you can get him or her groomed on-site, there is housekeeping available and there is even a car washing service available right on the property, just the thing before you head out for some nightlife in Miami and show off your luxury vehicle.

Where security is concerned, The Surf Club does not disappoint. There is a discreet security service located right on the property and the property is very private and very safe.

Within the residences, there are multi zone climate control systems installed, air-conditioning in the garage spaces, high-end finishes in every aspect of the homes and kitchens designed with chefs in mind. Gas stoves, side-by-side refrigerators and more truly make these residences luxurious.

If you do decide to entertain – and it would be hard not to have friends want to come over and see your house if you live at The Surf Club – there are concrete party walls that attenuate sound and ensure that everybody can have a good time without disturbing anyone else.

Penthouses

There are 13 penthouses located on the property that offer incredible oceanfront views. Some of the properties also feature internal elevators, huge wall spaces for those who are truly in love with having art in their homes and en suite bathrooms in the bedrooms.

In every regard, this is an upscale and luxury property that has a great deal of history to it and some of the most modern features available at the same time, making it the perfect place to live for many people who want to make Miami their home.

For more information, or to reserve your unit please visit the site here http://www.sunnyislesmiamirealestate.com/Surfside/Surf-Club/


Echo Aventura Condo For Sale

Echo Aventura condo

The newest addition to Surfside real estate

is the latest preconstruction project called The Chateau Ocean is a luxury development located next to Bal Harbour, Florida. This will be a 60-unit development, with each of those units having excellent ocean views. This is the second of the Château buildings designed by Arquitectonica and continues with their tradition of luxury and innovative design.

The first of these developments is located in Sunny Isles Beach and is in the process of being constructed at the moment. Chateaux Ocean Surfside is in the preconstruction phase, but the demand for this property is likely to be high enough that you will want to take a look at it as soon as possible and see if the units will be exactly what you’re looking for in terms of a place to call home in Miami.

Building Features

In every regard, The Château Ocean is designed to be a luxury property. The Ocean views would be enough to attract plenty of would be residents on their own, but what this condominium property will offer goes far beyond that.

While the ocean in Miami is always welcoming, sometimes people just want to enjoy themselves by a pool. Not only is there a swimming pool with a poolside bar and dining area, there will be a private roof top deck with pools available, as well. There will also be multiple pools located right on the beachfront, offering a great blend of being close to the ocean but, on those days when you don’t feel like going into the ocean, swimming in a luxurious and beautiful swimming pool.

Within the development itself, there will be a bar located in the lobby where you can meet your neighbors, clients for business or anyone else. Private cabanas will also be available, which are ideal for those times when you want a little bit of intimate privacy or when you simply need to talk business with someone in private and in a very luxurious setting.

There will also be a restaurant located on the property, allowing you to dine outside or inside and a great place to entertain guests.

The luxuries don’t stop there, of course, this being Miami. When you drive up to your home, a 24-hour valet parking service will take your car from you, and make certain that it’s parked safely and securely within the property.

The preconstruction pricing is projected to be approximately $1300 per square foot. There will be units available spanning from 3000 square feet to 10,000 square feet.

Getting In

Lana Bell at ONE Sotheby’s Realty can assist you in taking a look at what’s available at this property or at any other luxury property in the Sunny Isles Beach area and beyond. The level of luxury and quality of construction of these units is likely to mean that they’re going to go fast, so if you’re looking for new construction and want the best of what Miami has to offer in terms of oceanfront access and condominium living, The Château Ocean is a property you will definitely want to take a look at.


Surf Club Apartments for sale

Surf Club Condos

Surf Club Hotel & Residences

is the latest pre-construction project on Miami Beach. Set on 8 acres of pristine Atlantic oceanfront immediately south of Bal Harbour, The Surf Club Hotel and Residences combines the elegant, purposeful architecture of Pritzker Prize-winner Richard Meier with a unique provenance and history. The result – two 12-story residential towers comprising 150 limited edition homes situated between the ocean and the bay, flanking a smaller building that will house an intimate five-star hotel – offers the opportunity to live on today’s vibrant Miami Beach while enjoying the low-key elegance of a more gracious age.

Since its creation as a private social club in 1930, The Surf Club has played an important role in the cultural history of Miami Beach as a nexus for the most exceptional personalities of the era, from scions of industrial fortunes to the Duke and Duchess of Windsor, Winston Churchill, Frank Sinatra and Elizabeth Taylor. The original club’s historical landmark structure, a Russell Pancoast-designed Mediterranean villa replete with ballrooms, bathing cabanas and the legendary Peacock Alley loggia, will be preserved within Meier’s new architectural design.With almost fifty unique configurations within the 150 residences, homes at The Surf Club have been meticulously designed to anticipate the needs of virtually any lifestyle.

Richard Meier’s innovation and commitment to excellence is reflected in his work on both the exterior and interiorarchitecture of The Surf Club Residences. Each home offers capacious living space and thoughtful features, with select homes including individual swimming pools, private elevator entries, interior Zen meditation gardens, ample designated parking and staff quarters. Every residence features a seamless integration of the indoor and outdoor living experience, making it possible to enjoy the abundant natural beauty of South Florida while preserving residents’ privacy. And with views stretching from Biscayne Bay to the Atlantic Ocean, each home is set against the ever-changing and luminous backdrop of a vast sky and expanses of water.

The Surf Club is pleased to incorporate other features that make the experience luxe and convivial. A sumptuous spa is integrated into the property, offering a broad spectrum of wellness, beauty and fitness experiences. Two noted restaurants – one casual, one for fine dining – are on site. A lush garden with lush landscaping and numerous design flourishes, games and follies spans the area between the property and the ocean, and an on-site international concierge for residents will be available around-the-clock to insure that any need is met swiftly and easily. Without any doubt, The Surf Club Hotel and Residences will be the most coveted address on Miami Beach.

Pritzker Prize-winning architect Richard Meier has designed the 150 residences at The Surf Club in almost 50 unique configurations, with each home seamlessly integrating the interior architecture with bay-to-ocean views, abundant natural light, outdoor living areas and unique elements that make life more relaxed and joyful. Ranging in size from 1,200 square feet to 8000 square feet, with floor-to-ceiling glass “walls” and up to 20-foot ceiling heights, The Surf Club residences also feature expansive 12-foot-deep terraces that create outdoor living rooms separated from the interior spaces by broad sliding glass doors.

Since opening on New Year’s Eve of 1930, the private, members-only Surf Club has set the standard for a gathering point for exceptional people, from the Duke and Duchess of Windsor, Winston Churchill, Frank Sinatra and Elizabeth Taylor to members of great industrial American family dynasties. For more than eight decades, The Surf Club has combined creative events and extravagant amusements with thecasual ease of a well-run beach club, complete with bathing cabanas. The original low-slung, Russell Pancoast-designed building will undergo a meticulous restoration and refurbishment to preserve its historical charm while augmenting it with additional features to allow curated cultural installations and exhibitions, private entertaining and members-only events beachside, pool-side, and in the storied and legendary Peacock Alley and ballrooms.

For more information or to reserve your unit, please contact our office at (305) 336-0457


Bal Harbour Real Estate

Bal Harbour condos

Bal Harbour real estate

which is located in the northern portion of Miami Dade County, has experienced a recent economic and housing boom. An increasing number of home buyers are seeking out property in this area, because, while quite beautiful, it is removed from the hustle and bustle of the city. However, if current trends continue in this manner, this may not be the case for long. In 2012, the community passed the $758 million mark in home and condo sales.

As a result of this boom, a number of new housing projects are being proposed for Bal Harbour, Bay Harbor Islands, Surfside, and the surrounding communities. There are currently 10 new proposed condo developments in the works. If all are completed, these projects would bring 500 new units to the Bal Harbour community. These proposed developments are already producing an effect on existing housing prices in Bal Harbour.

What is the driving force behind Bal Harbour’s popularity? According to reports released by the Miami Dade County Property Appraiser’s office, median home prices in Bal Harbour have risen 35% over the same time last year. In addition to home buyers’ preference for the community, sales here are also being driven by the recent development of St. Regis Bal Harbour. Officially opened in January of 2012, by August, St. Regis had already passed the $658 million mark in sales. One of the highlights of these sales was the $24.6 million purchase of 5 units that a foreign investor made.

Since the condos at St. Regis

have been completed, new shops and restaurants have also opened up in the vicinity, which has further made this community much more desirable. At the average closing, home buyers have been paying between $1,200 and $1,500 per square foot of space. In the last several months, several high profile expensive developments have been proposed for Bal Harbour. While approval for these proposed projects is still pending, it has become quite clear that this community is the new, hot commodity.

The housing boom has also driven economic growth in the community. In addition to the aforementioned new shops and restaurants, the Bal Harbour Club recently sold for a total sum of $225 million. Ryan Shear, who is the managing director of Property Markets Group, has attributed the new, sudden desirability of Bal Harbour to two primary factors:

One is the lack of supply — obviously there’s only so much oceanfront in South Florida, and the other factor has been the South American buyers — these aren’t New Yorkers or Americans — in all these buildings.”

Bal Harbour Realtors

will certainly be watching the new developments in Bal Harbour with an eager eye. Already, home prices in Surfside, a barrier island just north of Bal Harbour, have begun to rise as new buyers seek out homes. In 2011, growth in Bal Harbour condos was stagnant, but its fortunes appear to be on the upswing now, and it will be with baited breath that others await to see just how far the community rises.


Several positive articles appeared in Sun Sentinel as well as Miami associations of Realtors:

Sales of Miami condominium

units jumped 134% in January of 2011 compared to January 2010, according to a report from the Miami Association of Realtors. A total of 1,262 condo unit were sold last month, compared to just 540 in January of 2010. The report is based on data from the 25,000 member Miami Association of Realtors and the Southeast Florida Multiple Listing Service. Sales of single-family homes rose 55 percent last month compared to January 2010. “These significant increases in sales for both single-family homes and condominiums reflect the strength of the Miami real estate market,” said Jack Levine, chairman of the board of the Miami Association of Realtors.

Also, there are Fewer vacant new homes in South Florida

Paul Owers reports on February 25, 2011 that the surge in buying existing homes in January did not translate to new home sales, which fell 12.6 percent last month. People aren’t bothering to buy new homes when they can scoop up low-priced foreclosures and short sales.

But here’s a bright spot for home builders: the inventory of finished vacant new homes is declining in many markets across the country. South Florida’s inventory dropped 10 percent in the fourth quarter compared to a year ago, according to Metrostudy. The Palm Beach Gardens research firm considers South Florida to be Miami-Dade, Broward, Palm Beach, Martin, St. Lucie and Indian River counties.

Of the 33 markets nationwide that Metrostudy analyzes, 26 saw year-over-year declines in inventory.

“South Florida, like most markets in the country, is seeing a nice reduction,” Metrostudy’s Brad Hunter said. “That’s a necessary thing. That puts less downward pressure on prices.”


Miami Condos

About 85% of the 50,000 condos built during Miami condo boom era have sold.

You can read more about it here: http://www.miamiherald.com/2011/01/27/2036345/condo-inventory-detailed-in-new.html#ixzz1E31liat2 or down below:

Developers have sold 85 percent of the condos built in Miami during the building boom beginning in 2002, according to a report released this week by Bal Harbour-based consultancy Condo Vultures.

The report, which studies condo markets from South Beach to West Palm Beach, found that developers have sold 41,258 condos in the last eight years, with the largest chunk of sales taking place in downtown Miami.

“People are certainly taking advantage of the fact that [condos] are affordable and available both to live in and also to invest in,” said Leo Zabezhinsky, manager of business development and real estate for the Miami Downtown Development Authority.

While many of the boom-time buyers were speculators , many of today’s buyers are investors and vultures, hoping to capitalize on the troubled market by renting out the units.

That explains much of the shift in sales activity taking place between South Beach and downtown Miami, as rental demand is up in places like Brickell and purchase prices are lower in the city than by the ocean.

“An investor comes in, they look in South Beach, and they get sticker shock,” he said. “If they want to be on the sand, they go up to Sunny Isles Beach. If they’re looking for investment value, new construction, they go to downtown Miami.”

Spurred by bulk buyers and lender takeovers, condo sales in downtown Miami reached 3,675 in 2010, up 57 percent from 2009, according to the report, based on county records. Condo sales in South Beach totaled only 123 last year, up from 107 in 2009. At the current sales pace, it would take about a year to sell out the remaining developer inventory in downtown, and more than a decade to sellthe 1,300 new condos in South Beach.

Areas like downtown Fort Lauderdale benefitted from good timing, as developers completed most of their condo projects before their housing market crashed. There are only 160 new condos yet-to-sell in downtown Fort Lauderdale, where more than 5,000 units were built during the boom.

Condo Vultures focused its report on seven housing markets in Miami-Dade, Broward and Palm Beach counties, concentrating on areas east of I-95 and near bodies of water. During the 8-year span covered in the report, 244 new condo projects were created in those markets, for a total of nearly 50,000 units.

The epicenter of the building, sales and developer default activity has been in downtown Miami and Brickell, where more condo units were built in the 2000s than in the previous four decades combined.

About 18,675 new condos have sold in the downtown area in the last 8 years, totaling about 84 percent of the inventory, according to the report, based on county records.

Developers “built 23,000 condos, and when over 80 percent have been sold and occupied, clearly it tells you that this is where people want to live and invest,” said Zabezhinsky. “The condos have single handedly helped lead the transformation of downtown Miami into a 24/7 global city.”


real estate deals in Florida

Florida Real Estate Market Conditions

A very happy new year to you, hope it started out well. It certainly did for me and my beloved Sunny Isles real estate and Miami Beach real estate. This is my first newsletter in 2011 and I thought I’d start it on a positive note.

Sales of condos and homes in Sunny Isles Beach

and Miami Beach have been growing since late 2010. We are pleased to see strong demand for luxury oceanfront properties from wealthy buyers, a trend likely to continue in 2011 according to Florida Realtor analysts as well as brokers.

The latest Miami MLS data

indicates that the high-end market had increased dramatically in both activity and closed units. Thus sales of homes for the first nine month of 2010 in the $1 million to $2 million range were up 42% and sales over $2 million were up 78% compared with 2009. That’s a sign everyone believes the market is turning.

Recently a retired Michigan tire company owner purchase a $22,5 million oceanfront mansion in Palm Beach. That was the town’s ninth 2010 transaction over $10 million, compared with just one such sale in 2009.

“We don’t expect to see a dramatic turn-around”, says economist Sean Snaith, director of the Institute for Economic Competitiveness at the University of Central Florida in Orlando. “At least, the worst is behind us now.”

From a statistical standpoint, 2011 is expected to be a growth year for Florida’s economy. Florida is expected to add about 63,000 new jobs this year. The strongest industries will be healthcare, education, business services and real estate.

Interesting facts about Florida:

· 1,000 People move to Florida each day

· The state population will rise by 140,000 in 2011, compared with 100,000 in 2010

· Florida offers 1,800 miles of costilne

· 1,200 miles of sand beaches

· 12 International airports

· 19 major commercial airports

· 14 deepwater ports

· More than 1,250 golf courses

· Over 370,000 hotel rooms

A more optimistic forecast from Moody’s Economy.com, a national consulting firm, projects that Florida will achieve 3% job growth in 2011- more than any other state. The report says Orlando and Tampa are expected to grow the most at 3.4%. Others project to grow are Jacksonville – 2,6%, Miami at 1.7%, Pensacola at 3.1% and Tallahassee at 2.7%.

Once again, the new construction has picked up on the Gulf Coast, particularly single-family homes in master-planned communities. None of it is speculative building as each home has an owner who will move in at closing. We are also seeing high-end luxury homes taking shape on infill parcels throughout the city – a sign of confidence.

Another sign of health for Florida’s real estate market – today’s buyers are focusing more on using their new house or condo themselves, rather than buying it as an investment or even worst, to flip. The demand for luxury condominiums in Miami are predominantly by foreign buyers who view hosing as shelter rather than a financial investment. Tighter lender requirements will combine to make the market healthier as well.

Florida home prices are now comparable to the preboom years. In August 2010, the median price of a single-family home statewide was $134,000, according to Florida Realtors statistics. In August 2001, the median price was $130,000.

Whether it’s a buyer’s or seller’s market, we understand the current Miami real estate market conditions and are able to deliver the best deals to our customers.


Miami Beach Florida properties for sale

The joint luncheon which took place at the W Hotel in Miami Beach last month, was sponsored by the Miami Beach Chamber of Commerce and the Miami Board of Realtors. It included a panel of leading experts from Banking, Real Estate Developement, Real Estate Sales & a statistical analysts who spoke on the current state of the Real Estate market in Miami and the Beaches.

A very informative, interesting and encouraging conference which discussed the following topics:

*The bottom of the real estate market was last summer 2009.

*Since the bottom , inventory of “for sale properties” went from 11,750 in 2009 to 7,800 in august 2010.

*70% of all sales are purchased all cash.

*More than 50% of buyers are from foreign countries.

*Mortgage rates are at the all-time low and should stay like that for 2011 and maybe even 2012.

*Financing is available, but not easy.

*We have more international buyers in South Florida than anywhere else in the country ,including NYC , Las Vegas & California.

*The panel of speakers all agreed than real estate prices in Miami and the Beaches are at the lowest and we will not be seeing this pricing again in the next 20 years or more…A lot of Opportunities…

*They all agreed on the bright future of the development of Miami.

*They see 2011 being a better year and coming back to a moderately booming market again in 2012.

Click here to see all currently available Miami Beach properties for sale


Miami real estate Market

Miami luxury homes for sale

One of the markets hit the hardest by the economic crisis has certainly been the Miami real estate market. Sellers have been finding themselves with properties that sit on the market for months longer than expected, and buyers, while finding prices at all time lows, have been feeling economic pressure that makes it hard to buy. Thankfully, however, it seems that hope is finally on the horizon. Recent figures in major cities such as Miami show that the market is finally starting to move upward again. This increase in sales and purchases is good news for anyone looking to make a real estate transaction.

2011 is certainly looking like it will be a better year for the Miami real estate market. While there will still be no fast solution where everything returns back to being perfect, the market options are increasing. Buyers are still faced with better deals than sellers, but the selling market is improving. The improving economy will give buyers the ability to purchase more homes, but because the market is so saturated with homes that have been for sale for some time, it will take a bit of time for the market to swing back to the point of being a seller’s market.

The selling price for Miami homes is expected to rise in 2011. The number of people facing foreclosures and other major issues has forced many people to sell not only below market value, but below the replacement cost of their homes. With many people taking advantage of foreclosure prevention programs, these people are able to retain their homes and can be expected to see them return to the market soon at a price that is much more reasonable from a selling standpoint. While it is unclear how long this change will take, it is certainly not going to be immediate.

In essence, the real estate market in Miami is definitely starting to move upwards

but there is no magic solution. The road to recovery for the real estate market is certainly going to be a lengthy one. The good news for sellers and homeowners right now is that change is finally on the horizon. For buyers, the good news is that right now there are still a number of amazing Miami waterfront homes on the market for prices much lower than you can expect to see them again any time in the near future.


Miami Ocean Front Properties

Best Ocean Front Properties In Miami

More than ever, Florida’s real estate opportunities

are drawing foreign investors from around the world. As the US dollar remains weak, many foreign currencies provide a significant discount on real estate, making luxury ocean front properties in Miami a possibility for more and more international investors.

Also consider that properties such as Turnberry Ocean Colony, Jade Ocean, Jade Beach, and Trump Towers are all going up in value. For instance, the average price for a Turnberry Ocean Colony condo was $538 per square foot in 2009, but had an increase in price to $634 in 2010. Purchasing one of these condos provides an excellent return on investment.

International investors also know that the amenities these condos provide have great appeal for many people. Each one of these condos provides a living experience that is both comfortable and luxurious. For example, Jade condos have large terraces with panoramic views, floor-to-ceiling glass walls, European designer fixtures, whirlpools, and spacious walk-in closets. This condo has a private beach, which offers a café and cabanas. You’ll also find a health club, spa, and the infinity-edge boat shaped Sunrise Pool, which overlooks the ocean. These amenities are just a few of what’s on offer at the beautiful Jade Beach condos.

The location of these ocean front properties are, of course, another great draw. They are all accessible to what Miami and Fort Lauderdale have to offer. Both cities offer an abundance of vibrant nightlife, attractions and dining options. All of this in addition to views of the blue Atlantic water and abundance of beaches makes South Florida’s luxury ocean front properties prime real estate.

Sunny Realty’s team speaks English, Russian, Spanish, German and Portoguese, and is available 24 hours a day, seven days a week to answer any questions you may have about buying, selling or investing in real estate in South Florida.


Content published by Lana Bell

Content published by Lana Bell