miami real estate: Join Me for LIVE Real Estate Chat in Miami on Wednesday - 01/23/12 03:23 AM
Join me this Wednesday, January 25th, as Miami's top real estate agents, investors, stagers and more get together and we tweet live from mybrickell during the weekly Real Estate Chat!
Meet & Greet Cocktail Hour:  7-8 p.m.
Live #realestatechat Tweet Chat: 8-9 p.m.
What is the Real Estate Chat, you ask? Details below.
Who: Real Estate Chat is open to everyone who loves real estate - realtors, developers, homeowners, sellers, investors, designers, etc.
What: An hour-long chat on Twitter organized with the hashtag #realestatechat. Real Estate Chat is dedicated to talking real estate, sharing opinions, networking and making new connections.

miami real estate: Real Estate 12 Days of Christmas - 12/22/11 03:58 AM
On the first day of Christmas my agent gave to me a lockbox on my front door.
On the second day of Christmas my agent gave to me two for-sale signs and a lockbox on my front door.
On the third day of Christmas my agent gave to me three web sites, two for-sale signs and a lockbox on my front door.
On the fourth day of Christmas my agent gave to me four open houses, three web sites, two for-sale signs and a lockbox on my front door.
On the fifth day of Christmas my agent gave to me five … (2 comments)

miami real estate: Live at SoFi in SoBe - Luxury South of Fifth Condos - 12/02/11 04:35 AM

"South of Fifth" (also known as SoFi) is the desireable area of Fifth Street in the epicenter of South Beach. While many can say they live "south of Fifth Street", only a few can boast living at South Beach's most luxurious address - South of Fifth condos. With just 28 luxury condo units, South of Fifth condos bring exclusivity to a new level.
The very best of South Beach living is just steps away from South of Fifth condos. Electric nightlife, fine dining and upscale shopping are just a stone's throw away. At South of Fifth, luxury is defined by … (0 comments)

miami real estate: Marquis is Downtown Miami's Most Elevated Address - 11/23/11 03:45 AM
Standing 67-stories high, Marquis Residences is Biscayne Boulevard's tallest residential tower.  Located at the hub of Miami's exciting lifestyle, residents at Marquis enjoy the best of downtown Miami's vibrant culture.  Overlooking Museum Park, the residences are just minutes from the sands of South Beach and Miami International Airport.
From single-level apartments to two-level tower suites, Marquis Residences offers a variety of floor plans. Marquis boasts 292 exquisitely finished residences with breathtaking panoramic views through floor-to-ceiling windows.  Take in the ocean, bay and city views from expansive eight-foot private balconies.  High-end kitchens include quartz countertops, exotic wood cabinetry and stainless steel appliances.  … (0 comments)

miami real estate: POLL: What's the preferred condition to buy a property in? - 10/26/11 06:08 AM
Share your opinion and see if you're on the same page as other realtors by voting in my weekly poll. 
The question this week is: What's the preferred condition to buy a property in? Do you prefer turnkey or do you not mind rolling up your sleeves for a fixer-upper?  Maybe it doesn't matter to you as long as the location and amenities meet your needs?
Let me know! Cast your vote here!

miami real estate: Don't Wait to Buy at Venetia Condos in Miami - 09/28/11 09:03 AM
With the announcement of Resorts World Miami there has been a lot of buzz surrounding developer Genting Group.  Genting Group has purchased a large parcel of land right next to the Venetia condos in Miami and is hoping to open a casino there.
The Venetia condos are centrally located just minutes from downtown Miami and South Beach.  The 35-story building features expensive Bay views, 24 hour valet, two roof-top pools, two restaurants, tennis courts and gym.  The Venetia also offers marina facilities and boat slips for rent.
I found a client a great foreclosure unit in the Venetia in January on … (0 comments)

miami real estate: Resorts World Miami Will Blow Your Mind - 09/27/11 05:08 AM
 When Genting Group's 10 million-square foot Resorts World Miami was announced this month, you could almost hear jaws hit the floor.  With its LED-lit exterior, the curvaceous multi-tower project that will sit on the shores of Biscayne Bay will be sure to light up the Miami skyline from miles away.
This urban and resort destination is designed by Miami architecture firm Arquitectonica.  The project design was inspired by the nature of South Florida and is reminiscent of a coral reef.
Resorts World Miami will feature 5,200 hotel rooms and 1,000 luxury residential condo units.  The first eight floors will house 250,000 … (1 comments)

miami real estate: Will Future Foreclosures Spoil South Florida's Newest Boom? - 09/23/11 06:07 AM
The South Florida real estate market is booming.  Four Florida markets experienced increases of at least 10% in the last year and Miami is up 24% from last August.  These numbers are even more impressive when compared to the national average increase of 0.46%.
What has caused this increase? Real Estate Economy Watch attributes it to the depths to which the Florida real estate markets fell.  The sudden decrease in foreclosure actions also played a part, especially in areas like Miami Beach and Fort Lauderdale.  A recent article from The Real Deal points out that it is very likely there are … (2 comments)

miami real estate: The Venetian Islands: Expansion - 09/01/11 05:32 AM
The Venetian Islands in Miami Beach are home to some of the most gorgeous houses in South Florida.  Rich in history, few people know about the beginnings of these Islands.  This week I will write a series of posts on the history, architecture and what could have been in the Venetian islands.
The additional four islands planned to be built along two east-west roads connecting to the Italianate themed causeway were never built.  One of these roads was planned along the current route of the 79th Street Causeway and the other paralleled the current route of the Julia Tuttle Causeway.  Because … (0 comments)

miami real estate: Miami Residential Real Estate Hits 5 Year High - 08/02/11 05:07 AM
With the second quarter of 2011 behind us, real estate numbers in Miami are up.  Compared to the second quarter of last year, residential sales are up by 20.5% to 3,618 single-family and condo units.  The median sales price for condos and single-family homes has dropped a few percentages but the luxury sector (homes over $1.05 million) rose by 4.9% over the second quarter of 2010.  In Miami-Dade, more expensive properties are doing well.
Miami Beach has seen a slew of high-end home sales as well, including a $19.8 million sale on Sunset Island.  Condos in Miami Beach are bringing in … (2 comments)

miami real estate: Looking to Buy at Marquis Residences? There’s an App for That. - 07/25/11 06:32 AM
Biscayne Boulevard's tallest residential tower, Marquis Residences, has launched an iPad app to facilitate sales.  Marquis Residences is home to 292 luxury residential condos in Miami, with 70% of the units selling in the first year.  The technologically advanced Marquis Residences aims to personalize and simplify the sales process with the app, as well as reach a broader range of people, especially the foreign buyer market that has been so hot in Miami recently.
The interactive app, which was designed by Evolution Ventures, gives viewers a three-dimensional look at the building, including a history and overview of the property, amenities and … (0 comments)

miami real estate: Brazilians Getting a Great Deal on Miami Condos - 06/24/11 05:56 AM
It's not uncommon to hear stories of foreigners coming to South Florida and getting a great deal on a second home or investment property.
In Miami, Brazilians purchased 9% of homes and apartments sold to international buyers in the 12 months ending March 2010.  Since then, there has been a big increase in home sales to Brazilians.  Since January, almost half of all downtown Miami condos selling for over $500,000 went to Brazilians.  Buyers from Brazil also accounted for about half of the $1 million plus sales in Miami Beach.
With the fastest growing economy over the last two decades, Brazil … (1 comments)

miami real estate: Florida Takes the Cake for International Homebuyers - 06/22/11 04:28 AM
In the past 12 months, international homebuyers spent an impressive $41 billion on US homes.  Where are these house hunters looking?  Florida, of course!
Trulia has put together a list of the 24 most popular American cities for international buyers and 10 of the 24 are in Florida.  Reportedly, Canadians, Europeans and Brazilians spent about $13 billion on homes in Florida last year.  The most popular Florida city may surprise you - Cape Coral beat out Miami, Fort Lauderdale and Naples for the top spot.
Take a look at the full list below:


miami real estate: Miami's Hottest Real Estate Inventory is Quickly Evaporating - 06/16/11 05:12 AM
Miami's high-end residential real estate market has shown significant improvement since the beginning of 2011.  In the first five months of 2011, there has been an average of 51 condo sales over $1 million per month and 41 home sales over the $1 million mark according to The Real Deal.  If this year's numbers hold up, it will equate to a 22% increase in sales compared to last year.
It's no surprise that many of these pricey homes have been sold to foreign buyers.  Most are coming from Latin America looking for homes that are high-end but easy to maintain.
Though … (1 comments)

miami real estate: Walk the Runway with the Newest Resident at Boulan South Beach - 05/26/11 06:52 AM
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 made Irina Shabayeva, the winner of Project Runway season six, its newest resident in a beautiful one-bedroom unit.  "I bought at Boulan South Beach because of its amazing location and incredible value," Shabayeva said. "I like the overall boutique feel of the property. It's going to be my gateway retreat when I need to … (0 comments)

miami real estate: Take a Trial Run at Marquis Residences - 05/23/11 03:13 AM
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 their empty condos.
Marquis, located in vibrant downtown Miami, is offering an extended stay program for possible buyers.  The first-class condo units are available for visits of 30 days or more and are managed by the Tempo Miami Hotel, which is located in the same building.

miami real estate: Lenny Kravitz to Redesign De-Luxe Condos in the Miami Sky - 05/18/11 08:33 AM
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 foreclosure that sat empty until it was recently auctioned off.
Kravitz will work on several parts of the 47-story tower including the spa, fitness center, lobby, driveway area, pool terraces and green space.  Sales and marketing of the 340 waterfront condos will be handled by Fortune International Realty.
Does Kravitz have design credentials?  … (0 comments)

miami real estate: Brickell CitiCentre Means Business - 05/05/11 06:54 AM
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 registered urban mixed-use LEED Neighborhood Development project currently planned in the United States.  SW 8th Street is to the south of the site, SW 6th Street to the north and it is between Brickell Avenue on the east and SW 1st Avenue on the west.
"Brickell CitiCentre has the potential to be an anchor for downtown Miami, bringing … (0 comments)

miami real estate: Downtown Miami's Epic Condo is Surpassing Sales Trends - 04/29/11 04:19 AM
The average sales price in Miami has seen a 7% increase this year but one luxury condo in downtown Miami has increased sales prices by almost 63%.  Epic, a 54-story luxury condo along the north bank of the Miami River, is outperforming new condo sales trends for downtown Miami.
According to Condo Vultures, an average of 13 Epic condo units were sold per month in the first 90 days of 2011, compared to only 8 sales per month in 2010.  This year's buyers paid an average of $485 per square foot.  If Epic can keep up this sales pace, the 342-unit … (0 comments)

miami real estate: Miami Real Estate is Up - Obrigado, Brazil - 04/06/11 05:16 AM
The South Florida luxury real estate market has Brazilian’s to thank for the recent improvement.  According to the Association of Foreign Real Estate Investors, Miami’s improving real estate market is a direct correlation to Brazil’s rising GDP.
Brazil’s upper-middle class started purchasing real estate in Miami Beach and Orlando in the 1990s, when high interest rates and taxes in Brazil forced many of them to invest in properties overseas.  Now the middle class is buying up Miami properties thanks to a strong currency and more spending power.
The rising real estate prices in Brazil make declining South Florida prices an attractive … (0 comments)

Matt Pici (Charles Rutenberg Realty LLC)

Matt Pici

Fort Lauderdale, FL

More about me…

Charles Rutenberg Realty LLC

Address: 2201 W. Prospect Dr., Suite 200, Fort Lauderdale, Fl , 33309

Office: (954) 599-0910

Mobile: (954) 599-0910



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