South Beach Condos For Sale By Price Range
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South Beach, FL Real Estate History
South Beach Miami also known as America's Riviera, or The Beach or even SoBe, South Beach is one of the hottest destinations in Florida. Not only is it known for all of the famous movies and television shows that take place here, such as Scarface and CSI Miami, it's also known for its parties, shopping and dining. Simply put, it's one of the hottest travel destinations in the U.S., as well as one of the most affluent places to live.
South Beach real estate encompasses the area from 23rd Street South to South Pointe Park. It is about twenty three city blocks that separate the Atlantic Ocean from Biscayne Bay. The area is known for everything luxurious including luxurious hotels, condos, nightclubs and shopping. It is also near the heart of fashion and music. South Beach is the center of everything that's hot in Miami from the people to their homes.
Another popular feature of South Beach is the art deco design of the area. It's hard to believe that a place such as South Beach was actually once farmland owned by Henry and Charles Lum in the late 1800s. The area was actually used for coconut farming and was named by Charles Lum's daughter Taylor as "The South Beach."
It wasn't until 1920 that the Miami Beach land development boom began. At this time, the main streets of South Beach were laid out, including Ocean Drive, so that they were suitable for driving vehicles on. The population grew quickly and several millionaires came to the area including Harvey Firestone and J.C. Penney. Even President Warren G. Harding would make his way to South Beach and stayed at the Flamingo Hotel.
South Beach real estate was always more valuable for the developers 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.
In the 1930's, the city came alive with art deco designs, Streamline Modern and Nautical Modern architecture all becoming very popular in the area. In fact, to this day, South Beach real estate is the world's largest collection of Streamline Modern art deco architecture.
The 60s were also popular for South Beach, as the famous Jackie Gleason brought his variety show to the area. Later, more shows and movies would be filmed here including the popular television show Miami Vice. Prior to Miami Vice, South Beach was considered to be one of the poorest and highest crime areas, but today, it's considered one of the wealthiest.
You'll love calling the America Riviera home and you'll love the ultra-chic condos (view all South Beach condos for sale here) that you'll find on Ocean Drive, such as Continuum South Beach, Icon South Beach, Murano South Beach, Apogee and the most famous Fisher Island. The best feature of these condos is that you're almost guaranteed a beautiful view of the Atlantic from these amazing condos. We offer several options for those looking to call South Beach home. Please contact our office today!
Sunny Isles Miami Real Estate News & Blog Posts
One of the constants in Miami as well as South Florida is that the quality of the condominiums and other properties that are available never seems to wane. However, this also means that the prices of those homes tend to rise as well. Still, as the price of the properties is rising, the number of
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
If you are extremely wealthy and have an additional $38.5 million burning a hole in your bank account, then you might be interested in purchasing the Kennedy Compound located in Palm Beach, FL. That’s right; this famed home, the Winter White House as many called it, is actually for sale right now. This property was
Just how healthy is the housing market in Miami today? Around the country, we’ve seen quite a big change since the crash of 2007, and things have completely reversed. This includes Miami as well as entire South Florida, although it can be a bit difficult to predict the future. Still, looking at the way things
2013 was the best year Miami real estate prices (click here to see Miami real estate website) and property values have seen in the better half of a decade. Prices on luxury Florida homes gained 16.5 percent from 2012 to 2013, according to a Case-Schiller index for Broward, Palm Beach, and Miami-Dade counties. The real
The retail stores at Bal Harbour Shops had a great year in 2013. Average sales rose 7.4 percent over 2012, and South Florida Business Journal has reported that shops averaged $2,800 per square foot of profits. More than a few retail tenants took this profitable opportunity to expand their shops. Among those who decided to
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Content published by Lana Bell
Content published by Lana Bell