Anticipation of two currently hottest products on the Miami Beach Real estate scene; Richard Meyer's Beach House on 94th and Collins and Canyon Ranch on 69th and Collins is climaxing. These two great projects (and naturally the most expensive, expect to pay $1,200 per SQFT and above) will definitely bring the excitement and attention to the area between 63th street and all the way north to Bal Harbour. The Beach House and Canyon Ranch are very well marketed and almost sold out, new affluent residents will accelerate the development of the already booming area creating stabile Real Estate market and favorable environment for the steady appreciation of the Real Estate
The prime world class Real Estate is coming to the stage that has already been set; great stretch of nice quality restaurants and cafes with the European flavor north of 65thstreet, with the sidewalks tables, gyms, great tennis courts, fashionable and luxurious Bal Harbour shops, the most beautiful sandy beaches and water, direct ocean and even Downtown Miami skyline and intra coastal views from the higher floors.
In the serious of blogs I will explore some great Real Estate in the area that at this point still could be snapped for very reasonable price due to increased inventory, meaning around $300 per SQFT or so. I will focus on the newer buildings on the ocean or block away. These buildings have a chance of outstanding market performance in the near future considering their desirable location.