miami: Downtown Miami - Brickell - Luxury Condos - 11/09/11 05:13 AM
As the major financial district of the Magic City, Miami, the gateway to the Americas is found in the neighborhood of Brickell. This is one of the most important areas in the entire city of Miami as it is home to the largest concentration of international banks in the nation. Brickell is also one of the fastest growing areas in the city of Miami including the iconic skyscrapers that define this tropical city. Right at the center of Brickell is the Mary Brickell Village that has a great concentration of restaurants, boutiques and high-class retail.
The Four Seasons Residences encompasses all … (2 comments)

miami: The Miami Art Museum - a New Building Construction Well Under Way - 10/19/11 03:43 AM
Construction of the Miami Museum Park seems to have picked up in pace with all the floors poured, additional levels being added and lots and lots of early morning and early evening working hours, and weekends!The new Miami Art Museum at Museum Park is designed by Herzog & de Meuron who are best known for the Beijing Olympic Stadium (the "Bird's Nest"). This Swiss company also created the "house of cards" parking garage at 1111 Lincoln Road. While creating this project they were expired by the local architecture forms. The new Miami Art Museum is scheduled to open in the Fall … (0 comments)

miami: Hermès to Open in Miami Design District - 10/17/11 07:06 AM
In Fall 2013, the Hermès will open a 10,000 Sq.Ft. two-level flagship in the Design District, Miami. The new store will be double the size of its existing 4,500 Sq.Ft. facility operating at the Bal Harbour Shops. The retailer's lease expires on December 31, 2012.
Robert Chávez, president and chief executive officer of Hermes USA, said: "The plans Craig Robins (the Design District's primary landlord) has for it are quite dynamic. It's a great thing he's doing, and we want to be a part of it. Our business in Miami has been very strong."
Louis Vuitton exited Bal Harbour at the … (0 comments)

miami: Jennifer Lopez Takes On Role as Real Estate Agent - 10/14/11 04:11 AM
Jennifer Lopez shot movie scenes in Palm Beach, Fort Lauderdale, and Miami for the new movie "Parker". "Parker" is an action thriller with a projected release date in Fall 2012, it is based on Donald Westlake's book, "Flashfire".
In the movie, Jennifer Lopez plays a local real-estate broker who gets involved with the heist of a high-profile auction at a Palm Beach mansion. "A real estate agent who finds that a little larceny may in fact be in the cards for her." - says Taylor Hackford. Jennifer Lopez, who stars alongside Jason Statham, was also seen filming at Boca Raton's One … (2 comments)

miami: “We said, if [we] want to grow, let’s go to Miami” - 10/13/11 07:15 AM
Faena, an Argentine developer proposes a new oceanfront condo tower for Miami Beach. Faena would like to replicate their Argentina accomplishment in the 20-block area of Miami Beach, precisely between 24th Street and the Fontainebleau Miami Beach resort on 44th Street in South Beach.
“We said, if [we] want to grow, let’s go to Miami”, Faena told the Miami Herald. “We found this fantastic piece of land and quietly we have been buying. Our dream is to do what we did here in Buenos Aires – create something really special working with the best minds in the world.”
“The applicant is … (0 comments)

miami: Foreign Buyers Account For More than a Quarter of Florida's Real Estate' Resales in 2010 - 10/11/11 03:35 AM
According to a recent report by the National Association of Realtors together with a survey from the Florida Realtors association members, international buyers have purchased more than $3.8 billion in residential real estate in the Miami - Fort Lauderdale - Miami Beach market in 2010. According to the report they are attracted by the state's climate, available product, discounted pricing, and infrastructure.
Over 80 percent of luxury sales (sales over $1M) taking place in Florida involve buyers from abroad. Of these transactions, 86 percent are being completed in cash. One of the reasons that this number is so high is because … (3 comments)

miami: Paramount Bay Miami Condo's Sales Launching Monday, October 10 - 10/10/11 04:02 AM
Settled between the Design District to the north and Miami's Adrienne Arsht Center for the Performing Arts to the south, Paramount Bay Condo is the brave new world where art, fashion, commerce and culture intersect. It is making its way up to the sky along Biscayne Bay on NE 21st Street. This tremendous Miami Condo offers more than 900 Biscayne, Marquis Condo or Epic Condo.
Every time you approach this Miami Real Estate wonder, you will be greeted by the Edgewater Square, designed with a European essence around a ceremonial central fountain. It can be either as a gateway or a … (2 comments)

miami: Massive Miami mega-yacht complex wins final OK - 09/27/11 06:58 AM
Flagstone Development Group's long-planned Island Gardens project has cleared its last Miami commission hurdle, although it could come back if a casino element is added.
Miami commissioners 4-1 last week approved a state waiver for commercial development on Watson Island, allowing the project to move forward. Michelle Spence-Jones voted against it. Brian May, lobbyist for Flagstone, said the goal is to break ground in the first quarter of 2012, with construction of the development's mega-yacht marina coming first. He also said that adding a casino to the property — which lies just down MacArthur Causeway from Genting Group's Resorts World Miami … (0 comments)

miami: New City Center on Horizon for Brickell Area, Miami - 09/27/11 04:33 AM
The developer of Brickell Key is moving ahead on plans for a mixed-use development, which aims to create an urban retail destination. New York City has Rockefeller Center. San Francisco boasts the Embarcadero Center. Now, Miami could have its version of a vibrant urban gathering place called Brickell CitiCentre.
The developer of Brickell Key has unveiled its long-awaited plans for a nearly $700 million urban shopping and mixed-use development spread over 9.1 acres just west of Brickell Avenue and south of the Miami River.
The project would create 1,700 jobs during construction and more than double that once completed.
Swire Properties … (4 comments)

miami: Keep Your Taxes in Check - 09/13/11 09:09 AM
Non-Homestead Property 10% Annual Assessment Limitation
Understanding the ever changing tax code can be daunting. In years passed, property tax rates on non-homesteaded Miami real estate could fluctuate wildly. Today, non-homesteaded property assessments may increase no more than 10% of the “just value” of the property in the prior year.  Beginning in 2009, owners of real estate subject to the limitation must apply with the county property appraiser no later than March 1 of each year. The owner’s failure to apply will result in the loss of the assessment limitation. This would be a very costly omission on the part of … (1 comments)

miami: ASIA Brickell Key - a Miami Condo With an "Uncommon Character" - 09/06/11 08:05 AM
"Tower, light, space and bliss" - these four words describe ASIA - a luxury Miami Condo, in the best way. Whereas these two following sentences: "Life without a compromise. The ultimate amenity." give you an idea about how it is to live in the most luxurious condominium on Brickell Key, Miami, raising 450 feet above azure bay waters.
Let us take you in a journey from the bottom to the top of ASIA's common areas of uncommon character so that you can picture yourself a life as an ASIA Miami Condo's resident:
BEFORE ARRIVING – an amazing cascaded water garden.
ARRIVAL … (0 comments)

miami: St. Regis Bal Harbour - Closings in November - 09/02/11 04:04 AM
The management of the spectacular St. Regis Bal Harbour condo has just announced that the building will receive the "TCO" Temporary Certificate of Occupancy before the end of October. With this being said, the closings will begin in November this year. The Hotel Tower of the St. Regis will be opening in January 2012.
Considered as a five star resort, the St. Regis Bal Harbor consists of 270 residences. Nevertheless, 70% of this amazing Miami Beach real estate's units have been already sold. You can still choose among spectacular 2, 3, 4 and 5 bedroom condos ranging from 1,777 sq.ft. to … (0 comments)

miami: Miami Condo Market - “the Next Chapter Begins”? - 08/17/11 07:44 AM
During the last years the balance between supply and demand in South Florida Real Estate Market has been changing.  In late 2008, when the peak of the financial crisis took place, there were 108,000 properties for sale with few buyers willing to make a move. Developers went bankrupt and the lending came to a halt. Now, in the middle of 2011, there are less than 48,000 properties for sale. Consequently due to a decrease in supply, the value of Miami Beach Condos has gone up.
Although for a regular buyer who wants to put down no more than 30 percent, loans … (2 comments)