miami beach: Miami Beach Real Estate-Two La Gorce Island Waterfront Estates Sell. - 06/12/10 03:22 PM
88 La Gorce Island in Miami Beach's guard-gated, La Gorce Island closed this week for $16M.  Additionally, 40 La Gorce Circle sold this week as well for $7.4M. 
Miami Beach Real Luxury Estate Begins to Show Signs of Life 
 
88 La Gorce Circle was built in 2008.  It has 17,200 interior sf, 10 bedrooms, two docks, and a five car garage.  The original list price was $25M.  It sold for $16M and was on the market since November 2008. 
 

40 La Gorce Circle was on the market for 5 days.  Original list price was $7.9M and sold for $7.4M
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miami beach: Miami Beach Real Estate: MTV Exec Buys Burned Miami Beach "Castle" for $4.42M. Is Snookie Moving to South Beach? - 04/13/10 07:46 PM
Bill Roedy, Chairman and CEO of MTV, recently closed on Miami Beach's now infamous "castle."  Located at 4462 North Bay Road in Miami Beach, the estate was known for it's Disney-like Medieval-style architecture.  The home was "created" by Windjammer Cruises founder Mike Burke and was sold in 2007 for $7.6M.

The home burned down in July of 2009 under very suspicious circumstances.
Watch the video of the spectacular fire that melted the "castle" here
Browse Miami Beach Real Estate
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miami beach: Apogee South Beach- 800 S Pointe Drive- Lease the Lap of Luxury - 04/12/10 04:46 PM
Apogee South Beach, located at 800 S. Pointe Drive, Miami Beach, is available for lease at $40,000 per month.  The residence is located on the prime Southwest corner of the most luxurious building South of New York City.
The residence is 4,154 sf of interior sf and has a 2,400 sf wrap around terrace perfect for dining al-fresco while overlooking the sexy city of South Beach.  Four bedrooms and 3.5 baths, complimented by a state-of the-art media room and a PRIVATE 2.5 car air-conditioned garage can now be lease to a qualified individual.
 
Check out More Miami Beach Real Estate … (4 comments)

miami beach: Miami Beach Real Estate- South Beach Condo Report-2009 - 02/10/10 01:19 PM
Real Estate Market Reports for 2009 focusing on luxury condos in the sexy SoFi neighborhood of Miami Beach
The South of Fifth neighborhood in South Beach is what SoHo is to Manhattan.  It is a "V" shaped neighborhood bounded by three sides of water and the most expensive condo living, south of New York City, takes place on South Pointe Drive.
South Pointe Drive condo prices range from about $700-$1500 psf.  In 2009, the average price of a unit in one of the high-rise condos in SoFi (South of Fifth), was just under $1.7M for 2009.

Nine condos line the … (6 comments)

miami beach: Miami Beach Waterfront Real Estate: Venetian Islands - 09/02/09 02:03 PM
Venetian Islands: Belle, Rivo Alto, Di Lido, San Marino, San Marco, and Biscayne Islands. The six man-made islands are located in Biscayne Bay between Miami Beach/South Beach and the mainland of Miami.  They are linked by the Venetian Causeway constructed in the 1920's.

Photo Courtesy of New York Times

The "Venetians" are the closest single family residential neighborhood to South Beach.  The Venetians were profiled in March, 2008 in the New York Times.
The majority of the development on the islands was between the 1930's and 1950's.  The lure of the islands are their close proximity to South Beach, and, of course, their stunning … (1 comments)

miami beach: Penthouse at Setai South Beach Comes to Market at $24M- 101 20th Street, PH B, Miami Beach, FL 33139 - 08/31/09 06:06 PM
 
Setai South Beach: Known as a celebrity hangout with a reputation for glamour and excess, proudly presents "Penthouse B"  

All the stars have been here, Mariah, Lenny, Madonna et al.  This penthouse encompasses the entire 40th floor of this chic South Beach hot spot.  The 6,000 sq. ft. interior was professional furnished by a top designer.  The condo also features a private 40th floor pool, garden, and dining area.

Read more about the Setai Penthouse over at the South Beach Condo Blog
Related Posts:
Miami Beach Real Estate: Continuum Penthouse Sells Over $15M Below Original List Price [SBCB] Miami Beach Real … (1 comments)

miami beach: Miami Beach Real Estate: South Beach Luxury Condo Stats 2Q 2009 - 08/20/09 03:21 PM
Miami Beach Real Estate Statistics for 2Q 2009 for South Beach/SoFi Condos
Nine luxury waterfront condos comprise the South Beach condo index.  The activity for the first six months, which are considered "season" here in Miami Beach, has been extremely light.
Some condos like Apogee South Beach and Continuum North continue to have gains.  Most of the other condominiums in the index have drops in sales and $psf.

Year-over-Year stats for 2008 vs.2009 for the period of 1/1 thru 6/30 show a 39% decrease in sales and a 20% decrease in $psf.  
The condos in the South Beach Condo … (2 comments)

miami beach: Miami Beach Luxury Real Estate: Waterfront Estates Report Q2 2009 - 07/16/09 12:08 AM
Miami Beach luxury waterfront home sales drop 50% from last year. No doubt it is easy to see that the real estate activity is not what it was last year.  But after running the numbers, I was in no way prepared for the reality of the current state of Miami Beach real estate.
Even if you don't live in Miami it's easy to surmise that condos here (as they are everywhere, actually) are having a tough time.  There hasn't been many analysis done on the SFR market here in Miami, so I was shocked to actually see exactly how off the sales are
Miami Beach … (23 comments)

miami beach: A Bird's Eye View of Gianni Versace's Former South Beach Home - 04/03/09 06:24 PM
Gianni Versace's former Miami Beach home located at 1100-1116 Ocean Drive in South Beach

Here's a great aerial (taken by me) of the late Gianni Versace home at 1100-1116 Ocean Drive in Miami Beach. 
The property consists of two lots; the corner lot was the former Revere Hotel which Versace bought in 1993 for $3.7M, and the main home which he purchased in 1992.
The property was sold after his death in 2000 for $19,000,000 and is now a private membership club.
Related Reading
A Designer's Inspiration is Booed in Miami Beach Check out more Celebrity-worthy Miami Beach estates
[View … (7 comments)

 
Kevin Tomlinson, Miami Beach Real Estate (One Sotheby's International Realty- Miami Beach Real Estate) Rainmaker large

Kevin Tomlinson

Miami Beach Real Estate

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