Miami, FL Real Estate News

By Olga Simoncelli, CONSULTANT, Real Estate Services & Risk Management
(Veritas Prime, LLC dba Veritas Prime Real Estate)
ZAHA HADID LEAVES HER MARK ON MIAMI  Who is Zaha Hadid?  Below is a write up on Zaha Hadid from Wikipedia: Dame Zaha Mohammad Hadid, DBE (Arabic: زها حديد‎‎ Zahā Ḥadīd; 31 October 1950 – 31 March 2016) was an Iraqi-born British architect. She was the first woman to receive the Pritzker Architecture Prize, in 2004.[1] She received the Stirling Prize in 2010 and 2011. In 2012, she was created a Dame Commander of the Order of the British Empire and in 2015 she became the first woman to be awarded the RIBA Gold Medal in her own right.[2]Hadid liberated architectural geometry[3] with the creation of highly expressive, sweeping fluid forms of multiple perspective points and fragmented geometry that evoke the chaos and flux of modern life.[4] A pioneer of parametricism, and an icon of neo-futu...
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
As I stepped outdoors with my coffee and the dogs (pre-dawn) I was greeted by a cold blast. I was caught by surprise. I haven't been watching much local news so I missed the notice that a cold front was coming our way.After the sun came up I went back out and it was a bit more tolerable and as you see in the photo it will be a glorious day!  
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By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
When looking for Downtown Miami condos, many people feel overwhelmed on where to look, and how to find the right condo for them. Having an experienced and knowledgeable realtor is always helpful, as they know the ins and outs of the beautiful city and just where to look for gorgeous Downtown Miami condos for sale. Here are some of the most commonly asked questions potential home buyers ask their realtors at the start of their home buying search: Q: Is Downtown Miami just for young people and singles? Is it a good place to move my family?A:Downtown Miami is a melting pot of people, music, food and entertainment. It is great for busy professionals and young, singles, but there are most definitely neighborhoods that are made for mini vans, play dates, mom groups, and growing families. Coco...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
(MIAMI BEACH, FL) – October 26, 2016 – Berkshire Hathaway HomeServices Florida Realty proudly recognizes Miami Beach native Kenny Raymond for an outstanding year of sales success on his home turf.  Selling multi-million dollar homes and condos is all in a day’s work for Kenny, who was born and raised in Miami Beach and educated in Miami Beach public schools. As lead REALTOR® of The Raymond International Group, of Berkshire Hathaway HomeServices Florida Realty,  Kenny and his team have  recently closed six real estate sales;  five of these properties were located in prestigious  Miami Beach  and one in the Brickell district of Miami, and most with a price tag over a million dollars. Closing real estate deals on Miami Beach is what Kenny is known for. He is intimately familiar with the ci...
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By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
Just Listed! Penthouse 5407 at the Icon Brickell465 Brickell Ave PH5704, Miami, FL 33131 - 1/1, 726 Sq.Ft. $425,000 Enjoy amazing views from this Penthouse level residence at the Icon Brickell. Very spacious unit features 24-inch porcelain flooring, European style kitchen w/Sub-Zero, Wolf & Bosch appliances, spa-like bathroom w/shower, tub, washer/dryer in unit & terrace w/incredible views. 5-star amenities include full-service spa & fitness center, Olympic-size pool, hot tub, 24-hr valet & concierge. Enjoy living in one of the most exciting neighborhoods in Miami, steps away from the best restaurants, bars, shopping. For more info please call me at 786-332-1781!   http://www.joshsteinrealtor.com/detail/465-brickell-ave-5704-miami-fl-33131-a10151585    
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
Living in a hurricane zone means being able to cope with a storm when it comes. The media prepares us virtually step by step so there are no excuses. Everyone in south Florida and up the coast has this morning to finish any last minute preparations. Once it starts raining and the wind picks up it is not the time to be putting up shutters. Now we wait...
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By Katerina Brosda, Miami Real Estate Broker
(Brosda & Bentley Realtors™ ● (786) 363-8551)
In August 2016, Dade County set an all-time August record with 1,239 single-family home sales, eclipsing the previous record of 1,232 set in August of 1994. Last month’s sales total is an 8.7 percent increase from the 1,140 single-family homes sold a year ago. Total single-family dollar sales volume soared 16 percent to $569 million. Median prices jumped 14.5 percent to $300,000. Dade County home prices have risen for 57 consecutive months, a streak spanning nearly five years. Continue reading here
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
Just saw this new list that was released by Wallethub on the top funnest cities in the USA. There were over 50 criteria metrics that were judged to determine ranking.  My city MIAMI came in @#3 which is awesome. Las Vegas was number one but we have the beach baby and that makes Miami #1 in my book!: For the full article (and it is VERY interesting!) go to this link: https://wallethub.com/edu/most-fun-cities-in-the-us/23455/Here is how it played out below.Top fun-list cities1.Las Vegas2.Orlando3.Miami4.New Orleans5.Salt Lake City6.Cincinnati7.Fort Lauderdale8.St. Louis, Mo.9.Atlanta10.Scottsdale, Ariz.11.Tampa12.Portland, Ore.13.Tempe, Ariz.14.Pittsburgh, Pa.15.San Francisco 
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By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
 If you were ever wondering what $50,000,000 would buy you here is one answer. A Camp Biscayne (Coconut Grove Miami) 7 bedroom minimalist waterfront estate.  With over 500 linear feet of waterfront over looking pristine Biscayne Bay.Imagine waking up like this ever day...........If you enjoy this style and are able to attain it please give me a call
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By Morris Massre, Real Estate Instructor Broward County Florida
Miami is ripe for a riot.I don't say this lightly either.  But in light of recent riots around the country and the slow pushing out of Blacks in the inner city by greedy developers can only lead to one thing.  However, riots need a trigger and it's just a matter of time before some racist, corrupt cop kills another Black man in Miami this time.  In case you haven't heard this has happened before in the 1980s and it wasn't pretty.  The Liberty City and Overtown were in flames.  Sadly, nothing has changed for these people here.  These two areas remain largely the same today in terms of economic opportunity and development. Now, however, developers are slowly spilling into these two predominantly Black neighborhoods and buying up property so that they can continue their condo building spre...
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By JM Padron, CCIM, CCP, CCIM, CCP, International Commercial Broker
(THE JMTEAM NETWORK)
Commercial Real Estate Sector OutlookJM Padron, CCIM, MRICS September 1, 2016 The ULI Consensus Forecast anticipates continued commercial price appreciation and positive returns, but at more subdued and decelerating rates; above-average but lower rent growth rates in all property sectors; and better than average vacancy rates in all sectors, except for retail. Retail. Economists see retail as a bit of an exception in the broader industry forecast. Vacancies have been improving since peaking in 2011 at 13.1 percent and are expected to decline to 10.9 percent this year. However, those vacancies remain elevated, which is expected to produce below-average rent growth, according to ULI's forecast. Retail also remains a divided market. “Some of the best centers are full with great rent growth...
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By JM Padron, CCIM, CCP, CCIM, CCP, International Commercial Broker
(THE JMTEAM NETWORK)
Commercial 2016 World Symposium, Don't Procrastinate, Register Now!JM Padron Testimonial I have been attending most of these forums, with the exception or one or two due to the date conflicts with my international presentations. I started my training and coaching career thanks to the RE/MAX Commercial Symposium. Three years ago when I had the opportunity to meet Sergio Felgueres the Owner-Director of the Mexico Region, who was interested in putting together a commercial training program in Spanish. I went ahead and put it together including Sergio’s suggestions and recommendations and today We can say it has been a total success.Thanks to the RE/MAX Commercial Symposium and thanks Sergio.Additionally, I have made the best co-brokerage deals with some of the RE/MAX Commercial offices suc...
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By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
Something big is happening at 1001 South Miami Avenue, and up until now, locals could only imagine what Brickell Flatiron, a 549-unit condo tower in the popular Brickell neighborhood, was going to bring to the Miami area. Now, new renderings show, in detail, just how contemporary and practically futuristic, this new addition is going to be.The construction of this magnificent 64 story building began officially earlier this month, and the plan is to have Brickell Flatiron complete by 2019. Although this may seem like a long time span, it is the precise attention to detail and paramount creativity by its designers that will make this incredible property the best in Miami. The creative geniuses behind Brickell Flatiron include Luis Revuelta, Italian designer Massimo Iosa Ghini, and artist ...
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By Morris Massre, Real Estate Instructor Broward County Florida
Could you live in a tiny house?  I know I could.  And judging by the price of housing today and in America's  major cities I think a lot of others may be willing to settle.  A tiny house in San Francisco just recently sold for$400K. That has to tell you something about the state of housing there.  Actually, you have to earn six figures just to even think about buying a bone there, one of highest in the nation.  The South Florida area is almost as bad with one caveat, however.  I don't think the city of Miami or any other nearby for that matter will allow tiny houses in their neighborhoods. South Florida is not like the rest of the country when it comes to neighborhood designs.  Almost all of them are gated and have mandatory homeowners associations that would never go for this.  I canno...
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By Josh Stein, Miami Luxury Real Estate Agent
(Josh Stein Realtor)
For those serious about shopping, the news that Reach Brickell City Centre is adding 11 more high-end retailers is a dream come true. Locals are already excited about the 50,000 square foot space that will host world famous brands and upscale venues, and is set to open in the fall.Brickell City Centre will not just serve as a shopping mecca for locals and tourists alike, but will also be on the top of the list for those looking at Miami luxury homes for sale. This beautifully designed shopping complex will be intertwined with some of the most luxurious homes in the area, and will be one of the hottest places to call home in the Miami area. Shopping enthusiasts will be excited to know that out of 70 upscale retailers that will call Brickell City Centre home, Hugo Boss, Sephora, Lafayette...
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By Morris Massre, Real Estate Instructor Broward County Florida
The city of Miami claims it wants to be an international city. That probably explains the reason for all of the building downtown and remodeling on the beach.  It may even explain all of the festivals.  But in order to be a truly international city you need the best public transporation possible, and what we have now is embarrassing.  The Tri-Rail is nice, but developed more for commuters. It travels north-south and pretty much takes people to work.  The Metro, on the other hand, runs east-west and pretty much runs from the airport and points in between and downtown.  The buses just plain take forever, and standing around in the heat waiting for them is no fun.  I love the way the city produces bus stop benches made of metal.  Try sitting on those in this heat.  And the terminals are ju...
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By Jamey Prezzi Miami & Miami Beach Luxury Condos & Homes, Miami Beach & Miami Luxury Homes and Condos
(ONE Sotheby's International Realty )
We just sold this great corner lot property in Biscayne Park. This property took approximately 133 days to sell. In this Miami real estate market, seller agents need to be on top of the market to get properties sold, and it’s important for sellers to understand that our market is adjusting. If you want to get your home sold, you need to look at the active inventory, what’s under contract and recently sold to price your home against comparable properties. More weight should be put on what’s under contract and what recently sold.We like to do a deep market analysis for our sellers to get the best understanding of inventory and what should sell next. It’s important to stage well, price well and show the property as soon as calls come in to see it.If you need help selling your Biscayne Park...
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By Morris Massre, Real Estate Instructor Broward County Florida
Everyone wants to move to Florida, especially Miami, because of the weather.  I get it.  I can see how one would get sick of the extreme cold up north, but remember that what you have in extreme cold up there we have in extreme heat down here.  And it's about to get worse.  Climate change is not only flooding this place as I have said before, but it's making it a lot warmer and more humid.  It's no wonder my air conditioning bill hovers around $250. a month.  You may say that you don't mind, but take into account the fact that the combination of high heat and humidity leads to sunstroke. Not very pleasant.  I have seen so many people out on the beach with a beer in their hand instead of a bottle of water and little do they know that that is a recipe for a sunstroke.  I can stand on a co...
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By Morris Massre, Real Estate Instructor Broward County Florida
I know a lot of you entrepreneurs out there do not want to hear this, but it's only fair that I tell you.  Although Airbnb is a very nice alternative to hiring a real person; i. e., a realtor, it may not always be the safest route for making money legally.  I am certain that there are many landlords out there who try and successfully skirt around the rules and regulations of your HOA, but rest assured that if and when you get caught the consequences can be quite severe.  Before you get into this read your homeowner's docs to see if it is okay first.  Odds are it's not.  Your association, of which you so graciously and voluntarily joined, will boot out your customer and void any agreement you have.  They may even be able to fine you.On the other hand, some cities restrict short term rent...
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By Morris Massre, Real Estate Instructor Broward County Florida
Top 10 rules for driving in Miami.1. Never use a a blinker.  That would be way too courteous.2. Cut off as many people as possible before an exit or at a bottleneck.3. Drive extremely slow in the left lane.4. Wear your earbuds while driving.  You wouldn't want to hear anything like an ambulance behind you.5. Always back in when parking, but don't let anyone behind you know what you are doing.6. Honk as much as possible.  7. Never keep up with the maintenance of your car so that it breaks down in the middle lane of I-95.8. Run every stop light and stop sign.  There is no reason for anyone to get in your way.9. Do not go immediately after a light turns green, if you stop at all, as we want to rear end you and get sued. 10. Always cut off the other driver when changing lanes.   And there y...
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