South Florida Real Estate News Blog

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Real Estate Agent - Charles Rutenberg Realty LLC
Visit here to get the latest South Florida real estate news. I cover Boca Raton condos, Fort Lauderdale condo, Sunny Isles Beach condos, Bal Harbor condos, Miami condos and Miami Beach condos and related real estate news.

ARCHIVED BLOG POSTS

2011 

Boulan South Beach condos in Miami, originally called Parc Place South Beach Residences, opened sales at the end of January averaging $790 per square foot.  The boutique property offers one and two-bedroom units ranging in space from 668 to 2,000+ square feet.  This 52-unit condo building has mad...
05/26/2011
An "old school" approach to marketing has resulted in more than a dozen sales contracts at the luxurious One Bal Harbour condo building.  A brokers showcase, upscale event and vodka tasting resulted in more than a dozen contracts for the stunning residences. Most recently buyers at One Bal Harbou...
05/25/2011
Foreign buyers are scooping up Miami condos and enjoying all that wonderful Miami has to offer.  But their condos are sitting empty the other half of the year that they are home.  What to do?  The Marquis Residences have come up with a strategy to give current owners a way to make money off of th...
05/23/2011
Canyon Ranch, Miami Beach's only luxury wellness residence, has seen a surge in sales led by buyers from New York City.  About 75% of the luxury condo's buyers in the last seven months have come from the northeast. New York has been the strongest buyer, with New Jersey, Connecticut and Long Islan...
05/20/2011
Flamboyant rock and roll artist Lenny Kravitz has been chosen to redesign a much delayed luxury Miami condo.  ST Residential and iStar Financial hired Kravitz to revamp the look and feel for Paramount Bay luxury condo in downtown Miami.  The Paramount Bay project went into a $262 million foreclos...
05/18/2011
More than 1,000 new condos created or planned during the real estate boom remain unsold in Sunny Isles Beach.  Even after buyers purchased 69 condo units during the peak of South Florida's winter tourism season - January through March 2011 - this unsold inventory remains. Since the beginning of 2...
05/17/2011
One Thousand Ocean condos are hitting big sales marks.  The luxury oceanfront condos in Boca Raton announced $38 million in new sales in the last seven weeks.  37 of the 52 one and two story condos have sold since opening in mid-February, resulting in approximately $163 million in transactions.  ...
05/12/2011
Currently South Florida is leading the nation in renters spending more than half of their incomes on housing.  According to a study from Harvard University, about 34% of households in Pam Beach, Broward and Miami-Dade counties spend more then half of their gross income on rent and utilities.  A d...
05/10/2011
Picture a nine-acre development in the heart of Miami's Brickell Financial District, spanning 4.6 million square feet of retail, office, residential and hotel space. Hard to imagine?  This is the plan Swire Properties has for Brickell CitiCentre (BCC). Brickell CitiCentre is the largest registere...
05/05/2011
It's no secret that foreign investors are dominating the South Florida real estate market.  Brazilians are getting the most attention, buying high-end condos in South Beach and downtown Miami, but new data shows that this is a false perception.  According to the Miami Association of Realtors, Ven...
05/02/2011
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