Miami, FL Real Estate News

By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
 As Brickell City Center inches towards completion, construction was put on hold for an Art Basel party featuring music by Wooden Wisdom, a celebrity DJ duo headed by Elijah Wood (The Hobbit) and Zach Cowie. The private event for over 500 guests showed a sneak peek of the  $1.05-billion project that began construction in 2012. The Center will be ready for occupancy mid-2016.
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By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
Have you seen the news? Earlier this month, The Miami Herald reported that the entrepreneur/developer Moishe Mana wants to build a 24-acre ‘mini-city’ in Wynwood Art District. The plan, he told the paper, would be to take an abandoned strip of property in the neighborhood and build new buildings for tech and arts uses. He claims he wants to “make something out of nothing.” But I don’t think Wynwood is nothing or has been nothing for the past five years. It’s not actually clear from the story whether Mana is requesting permission from the city to build residential properties as well, but that’s one thing Wynwood desperately needs. I know tons of people who would love to live in a loft-style apartment building in Wynwood if one exists. There’s the famous Wynwood Lofts, which does have one...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
Soccer United picks site in MIAMI  AP Photo/Lynne SladkyDavid Beckham looks like he's taking his talents to Overtown. This is a rundown neighborhood on the north west part of downtown next to I-95.The man behind the increasingly challenging mission of bringing a Major League Soccer franchise to Miami announced via statement on Friday the site is on 650 Northwest 8th Street, seven blocks east of Marlins Park and close to the Miami River. This should be GREAT for the real estate world down here!
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
Bay front rink opens! Ice skating outside in 80 degree weather is just so right! Leave it to the marketing folks at theInter-Continental Hotel in Downtown Miami to come up with this idea. the rink opens today Dec. 4th and admission is $15.Oh and if you see a 20 story tall image of a woman on the outside of the building that is the now infamous dancing Go-Go girl. You have to love quirky sexy Miami!  
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By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
    Coming to Art Basel?   While You’re Here, Let’s Tour Your Next Home!   Thursday is the opening day of the biggest art show in the Western Hemisphere — Art Basel 2015. It’s not too late to schedule a visit to some of my brightest listings, from 7,000-square-foot oceanfront mansions to New York-style lofts and everything in between. Miami’s art scene comprises more than just sculptures and canvas: Our city has always been the sum of its architectural creativity. If you have any questions, don’t hesitate to contact me. My team and I are eager to show you the latest opportunities, including some in this newsletter!  (Just keep scrolling.)   JUST LISTED: Art Deco Landmark Restored To Perfection Anyone who knows me, knows I love Art Deco. And I’ve got a feeling that if you’re here for Ar...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
 Why this gorgeous Coconut Grove bayfront 10,000 sq ft mansion is still for sale beats me. Listed at $7.9M and every inch gorgeous it is just waiting for the perfect buyer I suspect. Close to downtown and easy access to shopping and restaurants in the Coconut Grove "village" this home is truly a Moorish styled palace.             
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
This is a rendering of the massive mixed use property to be called World Trade Center of the Americas. The approved 77 story tall  design will begin construction soon as the deal for the property has closed. The buyer, a Brazillian developer paid $65 million for the exisiting 10 story tall Holiday Inn that will be razed soon. 
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By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
One of my favorite little-known condos in Miami is a loft just north of the Arts District called Bank Lofts. If you’re driving north on Biscayne, this is the apartment building on the right just before Northeast 82nd Street. The building was originally supposed to be a bank, but in 2007 it converted to a condominium instead — a rather gorgeous one at that. You won’t be sleeping in the vault or anything like that, but the residents of Bank Lofts enjoy some of the largest and most genuine lofts in Miami, where developers often slap the word “loft” on units even though they’re not. These are true lofts. The open floor plans allow for any configuration. All the units do, of course, have bathrooms and kitchens that are finished.For a great case in point, there are two Bank Lofts units availa...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
Elysee Residences [photo via Elysee Miami] The high times continued, this time with developers Two Roads Developmentand Cervera Real Estate acting as soiree hosts for hundreds of guests from Miami's real estate community. The occasion was  celebrate the launch of Elysee Residences, the 57-story waterfront tower set to rise directly on Biscayne Bay in East Edgewater. East Edgewater is being transformed from a sleepy bayfront neighborhood of 2-4 story low rent apartment buildings to a dense very  expensive luxury area just north of downtown.The 100-unit boutique high-rise is expected to break ground in early 2016 and be completed by 2018. Preconstruction sales started in August, with prices starting from $1.65 million to over $10 million. According to the Real Deal, the developers will co...
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By Helena Graddon - Get Miami - Condos and Luxury Homes
(JetSet Realty)
One of my favorite parts about living in Miami is the gorgeous views from my balcony. I love looking at the downtown lights and the ocean. We’d all like to spend more time enjoying fresh air and take advantage of Miami’s gorgeous views. Adding some nice furniture and blinds to your balcony will make your seldomly used balcony into a cozy little getaway.Here are some of my favorite outdoor decor:Outdoor Blinds – A lot of the time, we tend to neglect our balcony’s because of how hot it gets here in the city. The sun feels like its piercing through our windows. Outdoor blinds are a great innovation to help bring some adjustable shade to your outdoor space. These blinds can range from $25-$75, but I would highly suggest making this an investment for your home. You want to make sure you are ...
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By Olga Simoncelli, CONSULTANT, Real Estate Services & Risk Management
(Veritas Prime, LLC dba Veritas Prime Real Estate)
I Love Midtown Miami - Bistro Cassis on Buena Vista Boulevard  I just love where I live in Midtown Miami, near the Design District. Within a relatively small, highly walkable area of the "Shops at Midtown" district there are multitudes of delightful restaurants, some well-established and popular, others fairly new and still being discovered.  One of my new discoveries is the Bistro Cassis, a French restaurant. It was suggested to my friend, with whom I had dinner, by another friend - word of mouth rocks! From A to Z, the dining experience was a delight. The French Martinis (vodka and raspberry orientation) were pretty good as well. The soup of the day, mundane-sounding carrot soup, was absolutely delicious, with a hint of lobster-bisque.  Even a simple green salad came with a delicate, ...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
 Canvas Miami coming soon.          Canvas Miami, a 37-story building with 513 condos and 14,000 s.f. of commercial space, intends to infuse new life into an area that has otherwise been known for its proximity to the Miami City Cemetery. The area will also soon be known for the new Viacom studio production hub (I am excited about this!). With a plan to break ground this year, completion is slated for 2017. In the meantime, they've released new renderings of the amenities deck and lounge to illustrate the building's common areas.     Units at Canvas range in size from 620 to 1,110 s.f. with prices from the mid $300,000s to $600,000s. 
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By Helena Graddon - Get Miami - Condos and Luxury Homes
(JetSet Realty)
It's that time of year again! Candy, sweets and excited little ones who are still deciding on their favorite super hero or princess to dress up as on this halloween. Let’s all work together to make this fun festivity a safe one for our children and our homes. Here are some great tips on Halloween home safety.Keep pets locked up. Make sure to keep your pets safe in an enclosed room during the hours of 7:00 pm-9:30 pm. This is to make sure that your pets and the children are safe while trick or treating. Even friendly pets can get overly excited to greet the children at the door.Make sure your Jack o’ Lantern isn’t a fire hazard. Use flameless candles to ensure the safety of the children and of your home. The last thing you want is your lawn on fire!Light up the way  for trick or treaters...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
Plans for starchitect Rafael Viñoly's Miami River tower have been officially submitted to the City of Miami Planning Department by the developer, Kar Properties. The design is basically two rectangular towers placed at ninety degree angles to each other and connected at the bottom and the top, with a large waterfall (3 stories) cascading off the podium that will give the effect that it's coming out of the building's swimming pool. The 60-story towers top off at a height of 779 feet.Levels 7-46 will be condo, while 56-59, which connect both buildings, will contain a mixture of residential, 20 hotel units, and a restaurant or some other kind of commercial. These levels will be connected by high speed elevators on the building's exterior. There are 402 residential units total. No pricing h...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
  Cranes everywhere! What does this all mean?     In Greater Downtown Miami, developers have already completed seven new condo towers with a combined 1,900 units, and are constructing 23 more new condo towers with nearly 6,200 units in the area, according to the data. An additional 41 new condo towers with nearly 13,000 units are currently in the planning or presale phase of development. Besides the new condo towers announced for Greater Downtown Miami during this cycle, nearly 2,800 units are currently available for purchase on the resale market, according to data from the Southeast Florida MLXchange. In the first eight months of 2015, buyers acquired an average of less than 165 resale units monthly in Greater Downtown Miami. At the current transaction pace, Greater Downtown Miami has ...
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By Olga Simoncelli, CONSULTANT, Real Estate Services & Risk Management
(Veritas Prime, LLC dba Veritas Prime Real Estate)
Active Rain Meet-Up in Beautiful Miami September, 2015  Last week we had an informal Active Rain Meet-Up in Miami with the charismatic and colorful Marco Giancola. We met for a brief chat at one of the favorite spots in the expanding Midtown section of Miami, the Sugarcane “Raw Bar Grill". It was a gorgeous day and the outdoor garden section was the perfect venue for our little get-together.  We hit it off right away, as I thought we would, exchanging lively stories of backgrounds and experiences. Actually, I’m not quite sure any stories got completely finished as we kept going off on different (although related) tangents. Of course, the dynamic and explosive Miami real estate market was part of the conversation, as was Active Rain, which is what brought us together.  It was great to be...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
 An Ibis Hotel is being built by Galwan, a Brazilian developer. This is the second new hotel this month that I have never heard of being built in Miami's Brickell area.Back in 2010  the lot had contained the home of a rooster-raising family, which a developer purchased and demolished for parking, sending the chickens to roam free. The proposed Ibis Hotel is planned to be 43 stories, with seven levels of parking and three levels of amenity space on the lower floors. It will have 520 rooms. Looks like a cool building from the renderings....stay tuned!
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
If you have never heard of Fisher Island in Miami you will after this post. This striking penthouse is on the market with an asking price of $25 million. Imagine have a glass of wine on this terrace?Wrap around terraces with north, east and southern ocean views. The jetty on the left of the photo is where the cruise ships enter and depart Miami Harbor.Private beach anyone?  Interior living room.Kitchen with every modern convenience.MasterbathMaster bedroomEntry GalleryFive bedrooms and 5.5 baths in 7,600 sq. ft. There is an equity golf membership and private club for owners. Marina can accommodate your biggest yacht. This island is accessible by the islands private ferry or by your helicopter or your boat. Security is as premium on this discreet island just a hop to South Beach and down...
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By Helena Graddon - Get Miami - Condos and Luxury Homes
(JetSet Realty)
You don’t necessarily have to make millions of dollars annually in order to make your home eco friendly. In fact, there is one simple step you can make that will not only help save the planet but also reduce your electricity bill by 30-50 dollars over the life of the bulb. There are many pros to switching out your old light bulbs for new compact fluorescent light bulbs, halogen incandescents, compact fluorescent lamps (CFLs), and light emitting diodes (LEDs)Other than the modern appearance,  energy efficient bulbs offer a lot more benefits for you, your wallet and the environment. Eco-friendly bulbs use 2/3 less energy saving you about 30-50 dollars on electricity bills. Eco-friendly bulbs prevent greenhouse emissions from power plants. Eco-friendly bulbs last on average  10 times longe...
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By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
The sexiest master suite in Miami is for sale right now in one of the penthouses at Paramount Bay. What's a sexy master suite, you ask? Because it has massive windows looking out on Biscayne Bay, a wet bar and, if that's not enough, a bathtub right in the middle of the floor. Yes, right next to the bar. This is one of my favorite penthouses in Miami, and it's for sale right now. The asking price is $4.6 million, which, if you ask me, isn't bad for the location, the amenities and the killer master suite. Here's what you need to know. The building was built in 2010, so as these things go it's basically brand new. It has 4 bedrooms and 4.5 bathrooms and all the things you expect in an ultra-luxury home: hardwood floor, wine cooler, designer appliances, the works. But this is the kicker. Th...
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