Archive for the ‘Pre-Construction-Luxury Oceanfront Condos’ Category

Pre-Construction Oceanfront Condo Trend: Small Boutique Buildings

Monday, November 26th, 2012

Starting around 2005, the South Florida Oceanfront coastline appreciated the completion of  many new luxury high-rise condominiums.  Today there is a new trend emerging.  We are seeing the launch of several low density oceanfront projects from Miami Beach up the coast with several in Hallandale/Hollywood Beach and into Sunny Isles as well as north into…Read More »

“Today Show” reports on Miami Condo Sales Activity

Wednesday, March 24th, 2010

The video below was broadcast on the Today Show. Most of the video is highlighting downtown Miami Condos on Brickell Avenue where the bulk of the excessive inventory is.  Select Oceanfront Condos have experienced similar outcomes. As I wrote in my last post, inventories are down across the board and sales are up. Visit msnbc.com…Read More »

Trump Towers Condos Sunny Isles Taken Over by Dezer

Sunday, March 7th, 2010

As reported by the Miami Herald, Dezer Properties has taken over the Related Groups stake in Trump Towers and is assuming the remaining debt on the property. Condominium prices are being cut by at least 30 percent at the newly built Trump Towers.  Prices now rank below competing new oceanfront properties. Trump Towers offer several…Read More »

Oceanside Pompano Beach-New Luxury Building at Great Prices-

Wednesday, December 16th, 2009

The Plaza at Oceanside in Pompano Beach is an outstanding luxury building that was built by WCI and hit by the worst possible economic conditions in 2007-2008.  WCI had its share of troubles, and the building sat unsold for about a year post completion.  In South Florida, several of these wonderful buildings, that remained unsold…Read More »

Trump Hollywood To Begin Closings

Saturday, August 22nd, 2009

Hollywood and Hallandale Beach host several new oceanfront condos that are highly desirable and sought after.  Beach Club, Diplomat Residence, Ocean Palms, and the Villas of Positano Of those condos, there are 57 units on the market that exceed $ 1million.  There have been 6 closed sales for units over $1million in the past 6…Read More »

Mei Miami Beach-Incredible Price Reductions

Friday, December 19th, 2008

The Mei, Miami Beach, is a  new oceanfront condo building in a great location.  Constructions was just recently completed and closings are underway.  Because of current market conditions,  some original buyers are unable to close and the developer is taking back some inventory. I am always analyzing the market looking for opportunities for my clients….Read More »

One Thousand Ocean Boca Raton Florida

Thursday, December 4th, 2008

I was invited to a private party at One Thousand Ocean in Boca Raton .  Construction is moving along on schedule and the Boca Raton Resort Beach Club is expected to open in January. The Boca Raton Resort has some outstanding restaurants including Morimotos.  Famous Chef Morimoto was at the party and I certainly enjoyed the sushi ! …Read More »

One Thousand Ocean Penthouse Floor Competed

Friday, November 14th, 2008

Construction is progressing on schedule as the Penthouse floor has just been completed at One Thousand Ocean in Boca Raton.  It is expected that work will begin on the interiors as well as the exterior facade in the upcoming week. One Thousand Ocean is built on the most coveted inlet in Boca Raton on South…Read More »

Orient Express Condos and Hotel to be Built in South Beach

Saturday, July 12th, 2008

As reported in the Miami Herald and the Sun Sentinel, The Related Group announced plans to build a luxury hotel and condominium complex in South Beach with the Orient Express hotel company. The $150 million South Beach project will have 100 hotel rooms and 28 condos priced from $2 million and is expected to open…Read More »

Miami Ultra Luxury Condos Are Selling- Resales and Pre-Construction

Sunday, July 6th, 2008

In the last 6 months there were 10 reported closed sales in the ultra luxury condo market, over $5 million. The most expensive reported sale was at Fisher Island. A 5 bedroom 8900 square foot trophy property sold for $12,360,000. The asking price was $15,500,000. That is a 21% price reduction! As we have written…Read More »