waterfront: Canyon Ranch named one of top 10 spas in the world
- 06/21/08 01:14 PM
TripAdvisor, the online travel site, named the Lenox, Massachusetts Canyon Ranch Spa as one of the top 10 spas in the world. Canyon Ranch is about to open its 3rd spa in Miami Beach in the next few months. The other is located in Tuscon, Arizona. Canyon Ranch has developed a world famous reputation by providing healthy active vacations that offer wellness as its central theme. This includes everything from healthy eating to fitness to healing and health facilities. Canyon Ranch Miami Beach sits on 6 acres of oceanfront real estate on Collins Avenue between 67th and 69th Streets in the North … (0 comments)
waterfront: Miami Luxury Home Market in 1st Quarter of 2008
- 06/21/08 01:33 AM
In the first quarter of 2008, 85 single-family homes sold for $1 million or more with an average of 162 days on market before they went into contract for an average of 88.6% of the list price and for an average of 83.5% of the original list price when the house first went on the market. Of the 85 houses, 52 were in the $1 million range; 18 in the $2 million range; 8 in the $3 million range; 3 sold for over $6 million t0 $7.5 million; and 4 sold for over $10 million. Currently, there are 1,871 houses for … (0 comments)
waterfront: High-End Condos in Miami Beach, Bal Harbour and Sunny Isles are Still Going Strong
- 06/19/08 12:30 AM
The high-end market is not doing too badly if 120 condos sold in Miami-Dade County for $1 million or more in the 1st quarter of 2008. The most expensive one was a 5 bedroom/6 bath condo with 8,900 sq. ft. of living space on Fisher Island for $12.6 million. Four others sold for over $5 million. Second place was another condo on Fisher Island for $7.2 million. Third place was a 5 bedroom/5 bath villa located at the Bath Club in Miami Beachfor $6.7 million. Fourth place went to a 3 bedroom/3 bathroom penthouse at the Setai for $6 million. Fifth place … (0 comments)
waterfront: Sunny Isles Beach Condos- Ocean Two and Trump Palace
- 06/08/08 09:32 AM
If you did not know it is a separate municipality, you would think Sunny Isles Beach is part of Miami Beach. In fact, it has become a relatively long and high row of condos. With all the new construction, the coastline of Sunny Isles has been dramatically transformed. Geographically, it is just north of Haulover Park and Oleta Park to the West and just south of Golden Beach and Aventura. I visited a number of buildings in Sunny Isles recently, and I was most impressed with three of the buildings, such as, Ocean Two, Trump Palace and Trump Tower. Ocean Two has … (0 comments)
waterfront: Has Miami Real Estate Hit Bottom Yet and Should People Buy Now?
- 06/04/08 12:47 AM
Everyone has an opinion on this, so I may as well offer mine. We are at the bottom of the market in some neighborhoods in the Miami and Fort Lauderdale areas and in others we are not. One of the key determining factors is that the supply has been level for over 12 months in some areas like Miami Beach and South Beach, whereas, areas like Downtown Miami and Brickell have rising inventories due to new construction and significant new inventory that will be coming online for the next 12-18 months. Additionally, sales in Miami Beach and South Beach have been … (3 comments)
waterfront: Miami Beach Real Estate Sales Statistics for April 2008
- 06/03/08 11:24 PM
In the month of April 2008, there were 117 closed sales in Miami Beach, which includes both condos and single family homes. The average sales price was $949,578 at $455 per square foot and was on the market an average of 171 days before it went into contract. The median price was $425,000 - meaning 55 properties sold for less and 55 sold for more. Compared to April 2007, sales are down 27%, however they are up 5% from the prior month. Note that 80 of the 117 closed sales occurred in South Beach, the most expensive and exclusive area of … (0 comments)
waterfront: Adventures of a Miami Realtor on the Road
- 06/02/08 10:46 AM
I had several experiences last month, which were truly entertaining. Most of the events involve traffic and parking. What a surprise. To protect the innocent, or in some of these cases, the not so innocent, the names have been changed. I was leaving one condo in Bal Harbour (near Miami Beach), and I had to take Collins Avenue north to the end and go under the bridge in order to turn around and head south. If you are familiar with that area, it is in essence a dead end that ends up as the Haulover Cut, the wide canal that separates … (1 comments)
Information about real estate in Miami Beach, South Beach and nearby oceanfront and waterfront areas. Check here for the latest market reports on condos and luxury homes and related information.
TripAdvisor, the online travel site, named the Lenox, Massachusetts Canyon Ranch Spa as one of the top 10 spas in the world. Canyon Ranch is about to open its 3rd spa in Miami Beach in the next few months. The other is located in Tuscon, Arizona.
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