Miami Beach Condos For Sale By Price Range
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Miami Beach Condos By Geographical Location
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Miami Beach, FL Real Estate History
Miami Beach Florida has long been known as the Magic City, a place like no other that boasts a lively mix of cultures, a great climate and undeniable coolness. Miami Beach have become the entertainment and relaxation mecca for the rich and famous. Art Deco hotels, trendy nightclubs, exotic restaurants, and a wide variety of stores line the sun-drenched streets, while the tanned and toned stroll or skate along the palm-shaded sidewalks.
Miami Beach Location makes real estate investment in beach front condominimums and single family homes very attractive. Oceanfront condos, villas, lofts and town homes offer residents a lifestyle with amazing ocean views, top of the line amenities and five star resort-like living. Ideally situated in the Northeast Miami-Dade County between the Atlantic Ocean on the East and the Intracoastal Waterway on the west and midway between Miami and Fort Lauderdale.
Miami Beach is visited by over a million tourists and vacationeers each year to enjoy couple of miles long white powder sand beaches and outdoor activities such as diving, fishing, boating, water skiing, tennis, shopping, dining and entertainment.
Miami Beach Real Estate attracts nvestors from around the world for first and second home buyers. The emphasis of most of the redevelopment is on residential condominium construction. Luxury oceanfront apartments are steadily replacing outdated motels. Much of this residential construction is not intended for year-round occupancy. However, statistics shows a steady growth in young families who want to be near the ocean. Projected growth will send the city tax ratable soaring from $1.7 billion in 2001 to $3.6 billion in 2005 to over 5 billion within the next three years. All tax revenues are reinvested back into the city.
Miami Beach Land for the developers is more valuable because it offers zoning for high-rises. City officials are planning to implement their vision of creating a modern affluent community dominated by tall, high-end residential towers. Investments into an oceanfront construction guarantees future prosperity. People who buy early are saving because prices on beach front properties are going up. As buyers see the value of the new developments rising, they want to get in on the increases. It creates more demand and indeed may increase the cost of the pre-construction residential units.
Miami Beach has limited supply of buildable beachfront land. One of the benefits of buying in the preconstruction phase is that prices are generally lower than offered on existing property by real estate agencies. Timely investment in pre construction will generate even more revenues in the future as prices appreciate. Pre construction is the best phase to invest in real estate; it is being in the right place at the right time. Nowadays, it is one of the most profitable investments in real estate, with extremely interesting margins of utility in many occasions above market expectations. This is a key factor in making a decision if a pre-construction property is right for you.
Miami Beach Real Estate has become one of the hottest real estate in the country. With new construction and pre construction condos, as well as some of the most prestine homes, it's no wonder condos like The Bath Club, Green Diamond, Blue Diamond and Mosaic are among the most desirable oceanfront luxury real estate in the country.
Sunny Isles Miami Real Estate News & Blog Posts
What do wealthy people want when they are buying a property? Naturally, they want many of the same things that everyone else does – a quality home in a good, safe neighborhood. However, according to a survey conducted by Sotheby’s International Realty, they want some very specific things when it comes to their dream homes,
Recently, a company called Watson Investigations purchased a small restaurant building located at 842 Southeast First Ave for the price of $7 million. Interestingly, the property is near the site of a 34,000 square-foot building that the company also recently bought, although they purchased that building through bankruptcy court in July of last year. The
Bal Harbour Shops has a reputation as a mall with high-end shops and boutiques that easily rivals any other mall or shopping destination around the country. Even shopping areas such as Rodeo Drive have a hard time coming close to what you can get in this South Florida mall. They already have some of the
Recently, the City of Miami received final approval for their EB-5 Regional Center for Foreign Investment, which has the potential to allow many more foreign investors to start putting money into the economy. This particular designation will allow many foreigners, especially those who are from China, to be able to invest in properties in the
When people think of luxury, they think of Miami, a city that has it all. Whether you make your home in Miami (view Miami homes for sale website here), or you visit occasionally, it’s easy to see and appreciate the opulence the area offers. This is the second year in a row that Christie’s International
It seems that Grant Cardone is now getting into the real estate field, and he’s doing so in quite a big way. Over just the past two years, he has already spent $250 million on properties all around Florida. He says that this first push is just the beginning, and hopes that he can invest
Some people are starting to worry that we could be facing another real estate bubble in the South Florida area, but many experts feel that these fears are premature. They feel that there is still plenty of room for growth in the counties of Palm Beach, Broward, and Miami-Dade. One of the reasons for the
Recently, the south tower penthouse, unit 2501, sold for a whopping $22.75 million at St. Regis Bal Harbour. The previous owner was a Delaware corporation owned by Yuriy Kosyuk, a Ukrainian billionaire who made his money in poultry and food products. Strangely enough, the buyer also happens to be a company from Delaware. What Makes
The price of homes located in the Miami Beach area is on the rise according to data recorded by Standard and Poor’s/Case-Shiller between March 2013 and March 2014. They showed that the prices for homes in Miami-Dade, Broward, and Palm Beach counties showed an increase of 1.6 percent between February and March during the usual
When many people think about residential real estate in Miami Beach, they immediately start thinking about all of the residential properties and condominiums that are available right on the beach. However, as plentiful as they are, residential real estate is certainly not the only game in town. Commercial property is also a big seller, as
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Content published by Lana Bell
Content published by Lana Bell