Posts Tagged ‘buying oceanfront condo’

Condo Sales on Miami Beach- What’s Happening?

Wednesday, August 17th, 2011

                                          The big news about Miami Beach Oceanfront Condo Real Estate is that resale inventories are down over 25% from a year ago and sales are up. From  May 2009 to July 2010 buyers had…Read More »

Canyon Ranch Miami Beach Condo Sales-12 Month Review

Tuesday, May 10th, 2011

  As we move into the summer months, this is a good time reflect on real estate activity at Canyon Ranch Miami Beach for the past 12 months. All along the coast in South Florida, sales for direct oceanfront condominiums were dramatically up.  In some buildings, inventories reached unprecedented low levels, especially for condominiums with…Read More »

Oceanfront Condo Sales Price vs. Asking Price-Bath Club Miami Beach

Sunday, February 6th, 2011

Miami Beach offers a handful of newer luxury oceanfront condominiums built after the year 2000.  With all that has happened in the economy since then, buyers from outside the area come to Miami Beach with varying expectations of what they will be paying for a direct oceanfront condominium in a luxury building. One of the…Read More »

Prices and Sales Activity at Turnberry Ocean Colony

Sunday, March 14th, 2010

How is Turnberry Ocean Colony a Luxury Oceanfront Condo doing? In 2008, when the realization of a financial crisis was still setting in, real estate prices were all over the place.  There were sellers not budging off all time high prices, there was an influx of short sales and there was an undercurrent of fear. Well a…Read More »

Sonata Beach Club: Developer Price Reductions

Thursday, October 22nd, 2009

  Those that follow my posts know that I identify buying opportunities for oceanfront condos.  The oceanfront condos that have proven to be the best buying scenerios have been offered by either motivated sellers or by developers looking to close out their inventory.  In today’s market there are a select number of truly fine buildings that have…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 »

New York Times Offers a Perspective on Buying now

Wednesday, December 10th, 2008

The New York Times, published an article on December 5,  It May Be Time to Think About Buying a House   which offers an interesting perspective on the financial crisis and the housing market.  Following are a few quotes from the article that certainly make you think when you see some of the prices on oceanfront…Read More »

Prices for oceanfront condos in Fort Lauderdale-Miami Beach-Sunny Isles-Bal Harbour-Hallandale-Hollywood

Wednesday, December 3rd, 2008

I thought it would be helpful to offer a perspective on how much oceanfront condos are actually selling for in different areas, as compared to the asking price.  The sales data below is provided for Miami Beach oceanfront condos, Bal Harbour–Sunny Isles oceanfront condos, Hollywood-Hallandale Oceanfront condos, and Fort Lauderdale Oceanfront condos. As you will…Read More »

Amidst economic woes…real estate is the silver lining

Tuesday, October 7th, 2008

According to the Wall Street Journal Wealth Report,  a survey of high net worth individuals say they are cutting back for fear of what the future might bring.  Categories hardest hit will be SUV’s, jewelry, handbags, leather goods and private jet usage. The Silver Lining: Real Estate.  The survey found that three quarters of the…Read More »

Buying Opportunities For an Oceanfront Condo in South Florida

Saturday, September 6th, 2008

Through my research I come across “break out” properties. I call these South Florida Oceanfront properties “break out” properties because they stand out from the inventory.  Certain properties that I identify are very  unique and presents attractive buying opportunities. Criteria that I analyze that makes these “break out” properties unique can include some or all…Read More »