Being a broker of Sunny Realty and providing one of the most used resource for Miami real estate (http://www.sunnyislesmiamirealestate.com/) I’m often asked: “how’s (Miami) real estate these day?”. Unfortunately I can’t just answer this question simply – “good” or “great” or “better”. When I start to explain that Miami basically has the best and worst real estate in the country, people think I’ve gone nuts and trying to sell them a story. However, here is The New York Post recent article By ANDY WANG.

Summer was hardly a vacation for those in the business of selling Miami condos.

“I didnt go to St. Tropez because of this”, says developer Gil Dezer, whose Sunny Isles Beach condo projects include the 384-unit Trump Royale and the three-building, 813-unit Trump Towers.
Dezer reports that he sold more than $100 million in Trump units during June, July and August ($50 million alone in August, including a $29 million, 34-unit bulk deal). He has closed more than $1 billion in Trump condos overall and has only about 75 units left.

Recent Trump Towers Condos sales

have been priced at about $525 per square foot. Thats significantly less than the $1,000-per-square-foot contracts buyers walked away from in 2009 after the financial crisis hit, but Dezer, whos paid off the construction loans for all four buildings, seems satisfied. (Donald Trump participated in a ceremonial Trump Royale condo mortgage-burning ritual, lighting the document on fire himself, in January.) The downturn made the job challenging, Dezer says. Every day was a battle. But when youre winning, its fun.

Winning could also be used to describe the situation at Icon Brickell. That nearly 1,800-unit downtown colossus, built by the Related Group with designs by Philippe Starck, seemed to be in peril not long ago, and two of its three towers were deeded back to its lenders in May 2010. But Icon Brickell Condos now nearly sold out, with more than 1,500 units closing for a total of more than $700 million. When you factor in units in contract, only about 30 condos remain.

I think the market has consumed the inventory in a much more rapid way than I and probably everybody thought, says Related Group chairman and CEO Jorge Perez, who adds that most buyers have been foreign. The Latin American economy has been strong.

The forecast was that we would sell all the units in three years at an average price of $350 per square foot, says Edgardo Defortuna, president of Fortune International Realty, which started selling Icon Brickell apartments in June 2010.

Less than a year and half later, Fortune is almost done and seeing prices at about $400 per square foot.

Demand has been so strong that Perez is now building another downtown development. The 192-unit MyBrickell is a couple years away from completion, but Relateds received over 60 reservations for condos before officially launching sales. Unlike Icon Brickell, MyBrickell isnt on the water, and Perez is passing on the cheaper construction costs and the deal we got on the land to offer units, with interiors by Karim Rashid, for about $300 per square foot.

Defortuna, meanwhile, is now selling downtowns Paramount Bay, a 346-unit building resurrected out of foreclosure by owners iStar Residential and ST Residential. Musician Lenny Kravitzs Kravitz Design firm is working on the building, where prices are about $400 per square foot.

South Beach real estate

with significantly pricier properties, is seeing lots of action, too. The summer was uncharacteristically busy, says Lana Bell, president of Sunny Realty, which has an office in South Beach and Sunny Isles Beach. We certainly didnt take a vacation.

According to Sunny Realty latest Miami market report, South Beach condos sold for an average of $515 per square foot during the third quarter. But this factors in distressed properties, including units bought out of foreclosure.

At the markets top end, the W South Beach Hotel & Residences has closed about $260 million in condos at an average of $1,700-plus per square foot, developer David Edelstein says. The W South Beach sold more than $50 million during the summer. One penthouse went for $7.7 million, north of $3,000 per square foot, Edelstein says.

As with much of Miami, foreign buyers have been key at the W. (Douglas Elliman translated its market report into Spanish and Portuguese to spur international interest.) From May through September, about 65 percent of Edelsteins purchasers were foreign, and about half of those were from Brazil.

The allure of the W has helped nearby condo buildings lure in buyers, including those from New York.

Fashion designer Irina Shabayeva, who won season six of Project Runway, owns a one-bedroom with a balcony at the 52-unit Boulan South Beach development just south of the W, but on the other side of Collins Avenue.

I like the Boulan because it was so new, really fresh and modern, says Shabayeva, who primarily lives in the East Village. And its across the street from the beach and the W.

Shabayeva says she enjoys the New Yorker-friendly amenities at the W, which include a Warren Tricomi salon and a Mr. Chow restaurant. And Edelstein says that the Dutch, an outpost of Andrew Carmellinis SoHo restaurant, will open in the W by Thanksgiving.

Boulan, which has sold 22 condos and has one-bedrooms on the market for upward of $600 per square foot, is busy filling its own retail spaces, as well. An art gallery should open in time for Decembers Art Basel festival. A Mexican/Asian fusion restaurant and a nightclub are also in the works.

Neighborhoods all over Miami are getting big residential and retail makeovers. The 56-acre Midtown Miami developments second phase, which will start next year, will include a boutique hotel, a movie theater and 100,000 square feet of retail.

Well definitely have a fashion component, says developer Jack Cayre.

And the nearby Design District is getting a Louis Vuitton store.

There was probably a point in time here someone said, Whats Chelsea? or Whats Meatpacking? and eventually, they became a place because New York was ready to have another place, says Greg Masin, senior director at commercial real estate firm Cushman & Wakefield. When we look at the Design District and at Midtown, what we see is the evolution of the next place in Miami.

Plus, the downtown Metropolitan Miami developments third phase will include rental apartments and a Whole Foods Market. Plans for downtowns eight-block Miami Worldcenter site include residences, restaurants and retailers. And the Genting Group, an Asian casino operator, has unveiled plans for its $3.8 billion Resorts World Miami mixed-use complex. But the scope of the latter two projects will depend on approval for casino gaming, something thats the object of much speculation and uncertainty all over Miami.

Dezer says he has been talking to major Las Vegas casino operators about land he owns in Sunny Isles (13/ acres on the beach and 6/ acres directly across the street that hits the intracoastal waterway) that could accommodate a gaming resort with more than 2,000 rooms and 3 million square feet.

They’re both good real estate, Masin says of the Genting and Dezer sites. If they both had a casino, theyd both be successful.

Whatever happens, Dezer has options.

We originally bought [the land] to build condos, he says. We could build five condo buildings.

That idea would have seemed ridiculous in 2009, but now its more plausible.

Defortuna has sold out the 256-unit Jade Beach condo building in Sunny Isles Beach and has just three apartments left (for about $700 per square foot) at its 252-unit Jade Ocean sister property.

In terms of quality inventory, oceanfront, he says, you can make a strong argument that you need to start building now.

Originally published by ANDY WANG.

(c) 2011 The New York Post. Provided by ProQuest LLC. All rights Reserved.

Luxury condos in Sunny Isles Beach, Florida

have started to sell again. This city saw tremendous development during the real estate boom of the 2000s. When the bubble burst, the inventory on the market spiked but, today, those properties are selling fast once again. Properties such as Turnberry Ocean Colony in Sunny Isles Beach provide a good example of how the market has turned.

Since 2008, the number of resale properties in the south Florida area has decreased by over 40,000 units. While the crash of 2008 may have made the real estate market shaky for a while, it seems well on its way to recovery. Turnberry Ocean Colony has been among the leaders in this new resurgence of real estate sales, with the value of properties per square foot reaching impressive levels. The highest figure for a property sold at Ocean Colony during the first three quarters of 2010 was a staggering $1,459 per square foot. The luxury property market, it would seem, has found new life.

If you’re considering listing a property at Turnberry Ocean Colony, 2011 seems like a promising time to do it. Among luxury properties, the average price per square foot in the condo market was over $600. Over 400 luxury condominium properties sold during the first three quarters of 2010, making for a market that is rapidly heating up. The activities of investors show that confidence in the growth of the upscale market is increasing.

A large number of condominium properties have been snatched up by developers. Of course, property developers take into account all the figures when they decide whether to place their money into a particular market or not. In Sunny Isles Beach, property owners have been able to get over 90% of what they’re asking for their properties on the average during 2010. This means that, if it’s time for you to put your property on the market, it’s also a good time to call a realtor.

Turnberry Ocean Colony Sunny Isles

is among the most affluent of the luxury condominium properties in the area. The properties at this condominium development routinely fetch well over $1 million. Sunny Isles Beach is also popular with buyers all over the world, this means that it’s necessary to have a firm that knows how to get maximum exposure for your property, even worldwide. If you’re not sure whether or not you want to list yet, consider some of the performance in the Florida real estate market.

After the Miami real estate market crash of 2008

a huge number of homes came on the market, partially due to foreclosures. This, of course, flooded the market with homes more than it already was. Over the past couple of years, several factors have reduced the inventory. Less skittish buyers, combined with those bargain hunting among foreclosed properties, started the markets moving again. While bank foreclosures continued to put many properties on the market, that trend reversed with the revelations that banks had performed many irregular foreclosures and that homeowner’s rights may have been violated. Homes aren’t as widely available as they were even a year ago and, with the market becoming more confident at other levels, the luxury market began to pick up, as well.

For those who own a Turnberry Ocean Condo

properties are an even more rarified market. During the last quarter of 2010, there were approximately 30 properties for sale at Turnberry Ocean Colony. There are a total of 260 properties at the condominium property, making it apparent just how small the inventory is. The average price per square foot at this property was just over $860 per square foot in that same quarter. In 2009, the price per square foot averaged $538 at this property. By 2010, the price had recovered to $640 per square foot, moving back into the price range in 2007. There were a total of 9 properties sold at Turnberry Ocean Colony by the last quarter of 2010. The least amount of money fetched per square foot was $447. With such a high average currently being commanded by these properties, there’s obviously a motivation to sell among many owners who have luxury properties.

For properties such as those located at Turnberry Colony on the ocean, it’s imperative that the listing reflects the value and the luxury inherent for the buyer. A good realtor will understand what draws people to areas such as Sunny Isles Beach only if they have extensive experience in the area. Finding such a realtor will make it much easier to move property, whether the market is up or down. Currently, the market is starting to favor sellers and there is good reason to consider turning a profit on your condominium property if you happen to own one in southern Florida, in Turnberry Ocean Colony or at another development.

Miami real estate market

for the last two years, has not been where people have been going to make fast money. That is rapidly changing, however. The luxury Miami real estate did not suffer the level of devastation that the regular market suffered, as well, and this makes a significant difference in how people are buying and selling properties. In the world of luxury real estate, there are few names with more immediate recognition than Trump. The Trump Towers in Sunny Isles Beach, Florida, are among those luxury properties that are seeing a growth in interest.

Over 2010, the price per square foot for luxury condominium properties in Sunny Isles Beach began to increase. Some reports cite sellers as averaging over 90 percent of their asking price, as well, making it very much a seller’s market in that regard. The Trump Towers certainly meet the definition of luxury real estate. With amenities in line with what you’d expect at a 5-star, or better, hotel, this property has obvious appeal to those looking for luxury, access to the waterfront and access to the best shopping and dining in the Miami-Dade area.

As is the case with everything high-end, selling luxury real estate takes a special touch. While the market is more rarified, the people who make up that market are also more likely and more able to buy at any given time. The key is reaching them. The benefits of reaching out to them successfully, in today’s market, can be substantial. With prices recovering rapidly and demand increasing, there’s never been a better time to have a good realtor representing your property.

For new condos in Sunny Isles Beach

the average price paid in the third quarter of 2010 was just over $400. Trump Towers has several properties currently listed that are at or near this level of price per square foot. Because of the diversity of properties available, there are also many that are higher and lower than average. With sellers getting so much of what they’re asking on average, the market is favorable for those who want to sell their property at Trump Towers. It’s also important to note that the market for these properties is much larger than may be immediately apparent; just ask your realtor.

Trump Towers Miami

and the rest of Sunny Isles Beach have garnered a worldwide appeal. In fact, the area itself is famous for the diversity of people who call it home. Advertising these properties to a luxury demographic takes special considerations, but advertising them to a worldwide demographic takes even more consideration. At present, luxury property specialists are pulling in excellent figures for the properties they list. Not all of them have the ability to reach people all over the world, however, and those that do generally fare much better in the competitive Miami luxury real estate market.

While listed condo properties at Trump Towers condo

range well over 2 million dollar in price, there are options that are far less expensive. Some properties hover around the mid six-figure range, a comparative bargain in this market! However, what’s important to the person selling the condominium is that they’re making money on the sale that’s commensurate with the luxury of the property they’re selling. Currently, the property prices are performing at impressive enough rates to make this not only possible, but likely. While the real estate market crash may be recent in many buyer’s memories, It’s two years in the past and the market has adjusted significantly since those days. Today, properties are selling fast once again, especially in southern Florida.

In the closing month of 2010, there were just over 40 properties for sale at Trump Towers. The prices were higher than what they would have been just a year ago, exhibiting the buyer’s market that is rapidly developing. All over southern Florida, developers were snapping up condominium properties, trying to take advantage of the last low prices following the housing crash. Of course, as property owners become more aware that they stand to make a profit again, these prices are likely to go up!

If you’re considering listing a property at Trump Towers, the increase in average price per square foot in the Sunny Isles Beach market should come as welcome news. It’s economically feasible to invest in and sell property once again, and sellers will fin themselves with plenty of buyers who are interested in their property. A significant part of making that happen, however, is having a good realtor. This is particularly important in a luxury market. The clientele that can afford such properties will expect good information. It also takes experience and skill to know how to advertise property to that market, something a luxury realtor specializes in and that they do better than anyone else.

Despite what may seem to be an ailing Miami real estate market

the recent interest in condominium properties in South Florida makes it a good time to list. Sales figures show that prices for some condominium properties, such as Jade Beach, have performed better than expected. The prices for properties such as this one, located in a towering glass building with views of the ocean and the city, rival those paid for properties in the traditionally more expensive real estate market of South Beach.

If you’re trying to calculate the amount of money you might get from your property, it’s easiest to arrive at a realistic figure by looking at the price per square foot. In the case of Jade Ocean condo, data for the third quarter of 2010 shows that buyers were paying $687 per square foot for real estate at the condominium. This is an excellent rate. In the fourth quarter of 2010, the average price paid for a property at Jade Ocean was $1.38 million, definitely a price that makes listing something worth considering.

While the economic news has generally been down lately, it’s important to remember that the luxury market continues to be active. Affluent buyers still have the power to acquire new properties and South Florida is still one of the most popular markets for such buyers. Listing a condo at a property such as Jade Ocean can be a very profitable proposition.

Jade Ocean is located in Sunny Isles Beach, Florida

This city is known primarily as a luxury resort community. It provides excellent access to the Intercostal waterway and there are ample upscale stores and clubs located in the area. Sunny Isles beach has a distinct advantage over some other luxury markets in the US. The city is known for being a draw for celebrities and for affluent individuals and families all over the world. This means that listing in this area have a potentially worldwide market.

The prices commanded by properties at this tower were well in excess of any paid for properties at other condominium towers in the area. The average price paid for condominiums in the area was $511 per square feet, putting Jade Ocean Sunny Isles in excess of $160 above the average paid for a square foot of luxury real estate in one of the areas fashionable high-rise condominium properties.

As an example of the differences between the luxury markets and the regular real estate market, consider how the affluent oftentimes purchase property. A Miami Heat basketball player recently bought a mansion, for well in excess of $10 million, without ever seeing the property in person. For those who have the means, buying real estate has not lost any of its appeal. What makes Jade Ocean itself so appealing most certainly includes the luxurious surroundings and high-tech amenities its residents enjoy. There is always the question of whether or not the prices will stay favorable, of course, and the question of whether or not inventory will move.

Jade Ocean has a sister property Jade Beach

where all of the properties have sold. The average price paid for properties at that building was $650 per square foot. With an improving market and the speed that properties in other units have moved, 2011 seems like a good time to list for those who are interested in moving their properties. The key to listing effectively, however, is to have a good Sunny Isles Beach realtor. In the luxury market, this is even more the case than it is on others.

The properties on Sunny Isles Beach

have been bought up both by individuals and by developers. This audience, of course, has to be reached if you plan on being able to move your property. Without the right person to represent your property, it’s much harder to sell a condominium and it’s likely that you won’t get the amount of money you want, or expect, for your property. Realtors in the luxury market have the expertise to move condominium properties in Sunny Isles Beach or anywhere else, and properties will generally sell much faster with a realtor making sure they’re marketed properly.

With Jade Ocean and its sister property proving very desirable to individuals, and with property at the Jade Ocean development commanding such a high price, listing now has to potential to be very profitable. Remember that a realtor with experience in this region is the best to handle these properties. The market in Florida is famous for moving very fast and, at present, with prices for property increasing along with the interest in them, that means that a good realtor is a key element in making sure you make as much as possible off of your sale.

More and more investors are buying properties in Miami these days

Let’s face it, we’re in a strong buyer’s market now and those who realize the potentials are jumping in. The prices for prime waterfront properties in Miami, including Penthouses in Miami are very low in comparison to the rest of the world. As a result, Sunny Realty had sold two penthouses last month in Acqualina Sunny Isles.

So what would you pay for a Penthouse?

A recently published article by www.luxist.com reveals that a six-bedroom penthouse at London’s posh One Hyde Park development (above) has just sold for a record-breaking £140 million, or about $220 million, making it the most expensive piece of residential real estate in the world (in terms of current listings and sales). The massive deal eclipses the paltry $150 million asking price for The Manor, Candy Spelling’s monstrous mansion in Holmby Hills, California, previous holder of the World’s Most Expensive title. While the identity of the buyer remains a closely-guarded secret, speculation is centering on oligarchs and oil sheikhs, the London Telegraph reports. The palatial penthouse stretches across two floors and boasts bullet-proof windows, a panic room and stunning views across the Serpentine lake in Hyde Park.

Barely a month after a London penthouse had sold for $220 million, making it the world’s most expensive private residence, the record has been shattered with the $308 million sale of a palatial penthouse in Monaco (above). The Monaco property, called La Belle Epoque, has quite a history; formerly the home of billionaire banker Edmund Safra, it’s where he was found dead following a mysterious fire that gutted the apartment in 1999. The three-bedroom, 17,500-sq-.ft. duplex penthouse, which includes a double-height library and vast roof terraces complete with mature 15-foot trees and an infinity pool, is thought to have been purchased by an Arab sheikh, the Economic Times reports.

So, what about top Miami Penthouses for sale?

With an increased interest in Miami penthouses, right now there are still several great opportunities on the market. The Setai Miami Penthouse tops the list with a immersed 6,200 square feet under aid duplex with an exceptional architecture & decor. No expense or detail was spared in creating a traditional Thai themed home in the sky. This masterpiece boasts endless works of art, custom woodwork, unique furnishings, antiques & rooftop terrace making this an unrivaled residence for the most distinguished homeowner.5 star amenities include valet, concierge, room service, restaurant & bar, fitness center w/ spa & 3 pools. Asking price of $27M seems like pocket change in comparison to it’s European protege.

The next two most expensive Miami penthouses are in Continuum On South Beach. This brand new North Tower offers 12 Acres of Oceanfront at CONTINUUM! Spectacular wraparound views, Italian kitchen with Stainless Steel Meile appliances, Subzero Refrigerator, Granite countertops and Marble floors. Luxury amenities include 24 hr security and valet parking, full-time Concierge Service, 2 large Lagoon pools with pool and beach-side services from Patio Restaurant. Three Pro-Clay tennis courts, 23,000sf Sporting Club and Spa with Infinity lap pool!

If penthouses is your thing, my personal favorite is the Apogee Miami Beach penthouse. This gorgeous pinnacle of the latest architecture by world renown team of Sieger Suarez offers the top two floors at the Apogee South Beach. The 6,870 square feet penthouse offers 22 feet ceilings enclosed by double height floor to ceiling windows which creates a first lasting impression. The unbelievable 360 degree rooftop palazzo offers 11,000 square foot terrace and some of the most spectacular views in Miami. Private pool and built in summer kitchen is there as well for your entertainment. This Apogee penthouse asking price is only $16M, which is the lowest of it’s kind on the market.

Several great opportunities for Sunny Isles Penthouses

are present by Jade Ocean Sunny Isles. Brand new 55 stories all glass tower offers a two story penthouse all finished and furnished in stunning white theme. If you’re on the market to buy a penthouse in Miami, please consider Sunny Realty – we’re a top selling team with superb knowledge of the local market and will be sure to find you the best penthouse for your money.

For more information please call our office toll free – 1-877-368-2318.

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.

As a growing number of investors realize the potential of buying into Miami penthouses, like Jade Ocean and Jade Beach, for instance, are escalating in popularity. In fact, two Acqualina Sunny Isles penthouses recently sold for $4.8 million and $4.6 million a piece by Sunny Realty.

It seems that the recession virtually skirted its way around the market for luxury ocean front condos in Miami. The dream of owning a Miami penthouse has been rediscovered and, fortunately for buyers, the options for buying Miami penthouses are many.

Currently among these options are Sunny Isles Realty’s amazing deals on penthouses in Jade Ocean and Jade Beach condos. Jade Beach penthouses are two story lofts offering sweeping views of both Miami Dade and the blue Atlantic Ocean. Imagine stepping into Jade Beach’s front entryway where a five story waterfall greets you or walking among the elegantly landscaped stepping gardens. Also impressive is the Porte Cochere, which overlooks the plaza with views of the ocean and city. Amenities include full concierge service, an Infinity Edge pool, and a spa, which provides such rejuvenating services as massages and facial treatments. The state-of-the-art health club includes Technogym TM, which is a new and exciting personal training system. The ocean side pool deck includes a spacious hot tub, pool bar, and a children’s play room.

For the definitive experience in elegance, investors are finding that they need not look further than penthouse living. Miami penthouses, located on the highest floors of condominiums, offer the ultimate panoramic view of the Atlantic Ocean or cityscape. With the feeling of being at the top of the world, these penthouses allow one to sit in the lap of luxury.

Whether the dream begins with a visit to sunny southern Florida or after one has perused the many articles praising the benefits of Miami condos, this dream can finally be fulfilled through one of the multitude of options Miami has to offer.

I had a great opportunity work with a Brazilian family in Miami searching for their second home in Sunny Isles. They were looking for a minimum of 3 bedrooms with no less than 2200 sqft. They expressed that it must have a spa with first-class treatments as well as a view of the ocean and intercoastal. The developments on the top of their list were Jade Beach, Jade Ocean, Trump Royal, Trump Palace, Trump Towers and Acqualina. An important aspect of the floor plan of the luxury Sunny Isles condo was the size of the bedrooms.

Our first visit was to Jade Ocean condo

which is one of the premiere luxury condo developments in Sunny Isles. Upon walking into the lobby there were very impressed by dramatic lobby. We viewed both the four bedroom “E� floor plan, and the three bedroom “D� floor plan. Even though they wanted the larger unit they felt the “E� floor plan layout was not functional because the fourth bedroom was too small. They really preferred the “D� because its layout was more functional.

The second visit was to Jade Ocean’s sister development Jade Beach condo

. They were equally impressed by the dramatic views of the Ocean from the lobby and the layout of the 3-bedroom floor plan “A�. They loved the two wraparound balconies, which had both Ocean and intercoastal views. In a compare and contrast with Jade Ocean and Jade Beach they preferred, Jade Beach’s floor plan but Jade Ocean’s amenities.

The next on our list to see was Trump Royal condo and Trump Palace condo

. They had high hopes for both developments and were not disappointed. In the lobby while waiting for the developer’s agent we discussed Brazil’s political situation with President Lula leaving office and his choice of Brazil’s finance minister Rousseff to be his successor. This conversation was cut short once the private elevator opened to the dramatic view of the 3-bedroom “A� floor plan. As soon as the elevator doors open you are greeted by a spectacular view of the ocean. The bedrooms are proportional and there is a view from every window. One aspect that gives the Trump’s Sunny Isles condo developments an advantage is the setback of the buildings are closer to the Ocean than any other buildings in Sunny Isles. The next stop was the Trump Royale, which is located directly to the North of Trump Palace. The Trump Royale is a newer than the Trump Palace, which my client immediately noticed once they walked into the lobby. Even the elevators are a new generation without buttons for residence’s floor; you just swipe your fab and it automatically jets you to your floor. Our focus in Trump Royal was on two floor plans, the “A� floor plan, (3 bed/ 3.5 bath 4025 sqft under AC) and floor plan “B�(3 bed/3.5 bath 3016 under AC). My clients were so impressed by Trump Palace and Trump Royal, they insisted on viewing Trump Towers too, so that was our next stop.

After being spoiled by Trump Royal’s lobby and stunning 4000 sqft unit it was hard to imagine something which could stand next to it. Even though Trump Tower’s lobby was impressive, Trump Royal had it beat but as soon as we walked into the unit it was demanding our respect. The “A� (2928 sqft under AC) unit with 3 bedrooms and 3.5 baths seamed flawless. As soon as the doors open the ocean rushes to greet you. The rooms are proportional, with a view in every room. The unobstructed south views from Tower 3 are priceless. As for the amenities no corner was cut and there is a gourmet restaurant in Tower 2, which all 3 Trump Towers share.

The last Sunny Isles luxury development on our list was Acqulina, which some consider the crown jewel of Sunny Isles Luxury Condos. My Brazilian clients said from the start Acqualina condo was on the top of their list because a world-class spa was important. As soon as we pulled into the valet and the eagerly gracious staff greeted them, my clients looked at me with approval. As the lobby’s double doors were opened for them you just felt this building’s service was on a different level. The floor plan of focus in Acqulina was the Toscana, which is a 3-bedrooms/3-bathrooms (2,750 sqft). This corner floor plan offers unbelievable views from the Ocean and intercoastal. Another unique feature is all the units have a gas stove for the cooking enthusiasts. We looked at the last designer ready unit in the building, which is just a blank canvass for an exquisite designer.

They said choosing is the difficult part after seeing the best of what Sunny Isles luxury real estate has to offer. They are cash buyers so they have more leverage with a quick closing and no contingencies. It has been a pleasure working with them and it will be interesting to see how they come to their decision.

Sunny Isles Beach Real Estate is rebounding

According to the latest reports, the supply is going down, diminishing the inventory of condominiums for sale in Sunny Isles Beach, Florida. The demand for brand new luxury ocean front condos is definitely increasing as well as number of sales and pending sales. The number of pending sales in Miami has increased from 5,120 to 5,832 in just 2 months. This is a sure sign of a rebounding real estate market and well as healthier U.S. economy in general.

If you’re looking to buy a Sunny Isles Beach condo

now is the best time to do it. The prices are down 30% to 40% off of the pre-construction prices. In many cases, the developers will do the marble flooring, closets, etc. In general you get much more for your buck these days by buying top line condos.

On the top of our list is Trump Tower II Sunny Isles at only $370 per sq.ft.

This ultra-luxury condominium offers private beach, beach-side cabanas, private restaurant, top of the line gym, 5-star amenities and service, valet, concierge, etc. However, the best selling feature of this brand new ocean front condo is the 10 foot ceilings and after 32nd floor – 11 foot ceilings. This not only adds cubic feet space to your unit, but is an important feature for European buyers. Trump Towers Sunny Isles Beach offers an excellent value on an extraordinary luxury residence.

Next on our list is Jade Ocean Sunny Isles

Residences at Jade Ocean are designed for maximum comfort and relaxed luxury living. All units in Jade Ocean have direct ocean views, ultra-modern European kitchens and baths are equipped with top quality appliances and custom finishes and countertops. Right now, Jade Ocean residences are available for as low as $550 per foot, down almost 50% off original preconstruction price. This project was designed by Carlos Ott, one of the most recognized architect of our time. Mr. Ott had designed world famous Burj Al Arab in Dubai and Shanghai Theater. In our opinion, Jade Ocean will be the most desirable and prestigious condo in U.S.

Turnberry Ocean Colony

is the most luxurious residence in South East Florida. Prices have stabilized at this luxury complex, however you can still get a great deal at as much as 30% off. Turnberry Ocean offers very spacious units all with direct ocean views and the latest and greatest appliances and building materials. This is a truly one of a kind, superbly managed complex with daily activities for it’s residents. The prices will go up once the market rebounds and Turnberry Colony will be the first to appreciate in value.

Turnberry Ocean Colony

continues to dominate the Miami condo market as simply the most luxurious oceanfront condominium, offering unmatched luxury and amenities such as a fitness facility, individual service, a restaurant, and more. Situated on the ocean between Bal Harbour and Golden Beach, Turnberry Ocean offers timeless appeal and exclusive privileges for owners and their guests. The developer has been in the business of creating residential resorts since 1970.

With prices currently ranging from about $1.3 million to $4.3 million, the 260 condos in two separate towers offer high-end kitchens and bathrooms. Owners enjoy whipping up gourmet meals, thanks to features like Snaidero cabinets, white granite countertops, built-in coffee/cappuccino makers, wine coolers, and a faucet spout over the cook-top to fill cooking pots. You can even enjoy hot beverages and tea immediately with the instant hot water dispenser. The master bath offers upgrades like Snaidero cabinetry, hydrotherapy tubs, and elongated toilets and bidets.

With 24 hour security and a gated entrance, owners truly have a private retreat. With no more than four residences per floor, you can be sure that you’ll have the breathing space you crave. Each residence is 2,200 to 5,700 square feet and offers ten-foot ceilings and large private terraces. The views of your private beach area or the Intracoastal Waterway are breathtaking by day or night.

If you’re looking for individual attention, Ocean Colony has a committed staff and plenty of services that ensure pampering. Exclusively for owners and their guests, the condo club offers conveniences like a beauty salon, cocktail lounge, oceanfront restaurant, spa and fitness facility with trainers, poolside food and beverages, and a card room.

Although the condo club is elegant, it’s still casual enough that you can relax and just be yourself. The restaurant has a casual gourmet vibe, yet the maitre d’ will greet you by name. The Sommelier will recommend the ideal wine and you’ll enjoy your food on fine china. Laugh and tell stories in the lounge after dinner with your new friends and enjoy a fine liqueur or cigar. With endless social and recreational opportunities, Turnberry Ocean Colony Sunny Isles is a tranquil enclave like no other.