Tag Archives: Homes for sale

continuum on south beach north tower

Bloomberg: Miami Is Hotter Than Ever | Robb Report: Not So Much

While most of the Eastern and Midwestern United States is bracing for what President Trump calls a “brutal and extended cold blast that could shatter all records,” Bloomberg is reporting that “Miami is Hotter Than Ever.”

Last week they published this video highlight, showing some of the neighborhoods that are popular to visitors including Coconut Grove, Little Havana and Wynwood. They also remind viewers that the average temperature in Miami is 75 degrees and it is the second most visited city by international visitors in the United States.

It isn’t just our amazing weather and convenient location that make Miami such a desirable destination either. Back in the Spring, CNBC published a report that New York and California could lose 800,000 residents to Florida over the next 3 years due to the new tax bill. Connecticut, New Jersey, and Minnesota could also lose a combined 500,000 residents.

The tax changes limit deductions of state and local taxes to $10,000, making Florida incredibly attractive to high-earning taxpayers. The fact that Florida has no state income tax and reasonable local taxes compounds its attractiveness.

Not Everyone Has Such A Rosy Outlook

While Bloomberg and CNBC are singing praises for the Miami market, other news outlets are predicting a crash and I feel it is important to speak on this topic from the perspective of an active agent on the ground in Miami and Miami Beach.

Local real estate doomsday predictor, Peter Zalewski has been making the rounds, giving quotes to any outlet who will listen about the impending crash that Miami is facing. While we are friendly with Zalewski and respect his opinion, many of the stories are simply misleading.

Last week, The Robb Report published a story asking the question of whether the luxury property market is headed for a downward spiral? I will admit that the Miami and Miami Beach luxury market has experienced a slowdown from some market segments and increased inventory, but this does not mean that it is in a downward spiral. It means that buyers have more to choose from.

According to MLS data for 2016, 2017 and 2018 YTD, you can see that the average price per foot has not changed much, nor has the average negotiation amount. The number of closings has even increased slightly in 2018 over the last two years and we still have 5 weeks of 2018. The neighborhoods I used for this report were Miami Beach resales from Fisher Island to North Beach. I also only looked into residential properties of $3 million and up. (In another report, I will address the reality of Brickell, Edgewater, Coconut Grove, and Sunny Isles as well as more detailed reports for Miami Beach.)

The Robb Report also went on to discuss the drastic price cuts that have recently graced the headlines including the $5.75 million sale of Zaha Hadid’s personal apartment at the W Miami Beach. It has previously been listed for $10 million.

Just last week, the opulent Le Palais Royal in Hillsboro Beach sold for a rumored $41 million after 11 buyers competed at a no-reserve auction for the property. It had previously been listed for a staggering $159 million. As you can see from the listing photos below, the property is certainly over-the-top (in my opinion it looks like a Vegas resort), but was it ever worth $159 million? No.

It was worth $41 million because that’s what a buyer was willing to pay.

*Story continues below

Pricing a property for an astronomically high price makes for great media coverage, then more media coverage when it sells for market value, but it does nothing to sell for more than what the property is actually worth.

A better strategy is to avoid hiring the agent who will list your property for any price. Hire the agent who will speak candidly with you about what it’s worth. Hire the agent who has the contacts and tools to market your property to actual buyers who will actually be interested in it and actually have the means to buy it.

If you are looking to purchase a property, it is important to hire the agent who knows the market inside and out, the person who knows of possible fluctuations on the horizon and will be candid with you about what is happening. Be honest with that agent about your goals and taste. That is how you will most efficiently have your goals met and avoid paying $159 million for a $41 million property.

All in all, I have to agree with both Bloomberg and The Robb Report. Miami is very hot, a desirable place to live and we have some very beautiful properties to choose from. Are there more options today than last year? Yes. But the numbers indicate that this does not necessarily mean we are in a downward spiral because we are not.

If you would like to speak with us about your goals to move to Miami or to change homes, we are always here to help. As your experts on the Miami Beach and Greater Downtown Miami real estate market, we can help you identify and close on your new dream home. Contact our team today.

Phone: +1 (305) 791-2349
Website: Miami Beach Real Estate Experts
Facebook: https://www.facebook.com/billandbryanteam

Mind Blowing Miami Beach Waterfront Homes on the Market

3 Mind Blowing Miami Beach Waterfront Homes on the Market

There are many ways to fall in love with Miami Beach waterfront homes, from the stunning waterfront views, to the backyard and interior entertainment space, or the waterfront access to accommodate your boating needs. These three Miami Beach waterfront homes are great examples of what Miami Beach real estate has to offer and how many listings can adapt to any lifestyle. All three homes feature modern design, architecture, and layout with unobstructed waterfront views.

Stunning View:
Palm Island Miami Beach Waterfront property for sale

Miami Beach Waterfront homes - Palm Island Homes

A modern home with natural inspirations and a stunning view is this Miami Beach waterfront home on Pine Tree Drive. The backyard has an amazing view of the water and city beyond, creating a peaceful retreat. The pool is great for soaking as well as swimming laps, with a water feature that adds to the beauty of the space. The natural landscaping and yard make this space a versatile space for taking in the view, hosting guests, and relaxing in the sun. The second floor balcony offers another vantage point to enjoy the cityscape, ocean view, and sunset. This Miami Beach waterfront home is a prime example of modern luxury in the area.

Entertainment Space:
Miami Beach waterfront single family home for sale on Palm Island

Miami Beach Waterfront homes - Palm Island Homes for sale

For a home with plenty of entertainment space, this Miami Beach waterfront home on Palm Ave delivers. The modern architecture and layout provides plenty of living space and great flow between main areas. The kitchen is spacious with direct access to a sitting area, while the dining room provides privacy for a more formal party space. Outside, the home has several levels with outdoor balconies, a lush green space for garden parties, and a pool overlooking the waterfront view. This smart enabled Miami Beach waterfront home is perfect for hosting parties or guests with its bountiful entertainment space.

N. Bay Road Home for sale with Waterfront Access

Miami Beach Waterfront home on N Bay Road - A10018704_1
The Miami Beach waterfront home with a resort quality backyard complete with waterfront access is this home on N. Bay Drive. The private dock directly off of the sea wall provides an open area for docking a boat and also offers an unobstructed view of the waterfront. Parallel to the water is a 70” pool with a spa, and the patio space off of the house provides a partially shaded space to lounge, relax, and take in the view. This Miami Beach waterfront home has walls of glass to take in the view and monitor your boat while it’s docked at the access point, with a modern spacious layout throughout the home.

For more information on the Top Luxury Properties in Miami Beach please feel free to contact the Miami Beach Real Estate Experts @ Jonula.

Phone:+1 (305) 791-2349
Email: bsbhinc@gmail.com
Facebook: https://www.facebook.com/JonulaSearch/

For more luxury properties in Miami Beach, please check out the links below.

Continuum on South Beach– North Tower

Continuum on South Beach– South Tower

Murano Grande South Beach

Murano at Portofino

ICON South Beach

South florida luxury living

Living the South Florida Life

If you are all about work and play while living in the ideal place, South Florida is where you should be. South Florida offers more than 3000 hours of yearly sunshine, spectacular flora and fauna, stretches of white and golden beaches coupled with a lively beach scene, breathtaking blue ocean wave, and a canal system that will make you feel as you were in Venice. South Florida is a multicultural hub, with an incredible mix of great weather, natural beauty, recreational activities and cultural attractions. Here are just some of the exciting things you can expect from the state region.

The Miami Beach Real Estate Market

The Miami Beach Real Estate Market is a rapidly growing one due to South Florida’s fashionable and exciting international hot spot. Music and film stars, art-deco museums, and shopping centers, known as the “5th Avenue of the South” display the decadence and new world architecture that attracts thousands of visitors each year. Miami Beach nightlife concludes a remarkable vacation day with a wide range of American cuisine and ethnic food, topped off with hopping dance clubs and jazz cafes.

You can find a number of housing options if you get in touch with any Miami Beach Real Estate agent regardless of whether you are looking for a luxury apartment or an average condo-building unit with a range of amenities, such as a pool, gym and spa.

Cultural and Musical Festivals

South Florida houses many cultures that can be seen through its abundant art and cultural festivals. The Art Basel at Miami is a rapidly popularizing festival, and a stateside equivalent to Europe’s largest art festival held in Basel, Switzerland. Another example is the Gasparilla Pirate Festival, which parades colorful water boats covered in beads with people dressed as pirates.

south florida luxury liging

The Weather

If the tropical breeze and sun-tanned legs are what you live for, you will be glad to know that the South Florida life comes with a weather that is warm and humid throughout. The wettest month of the year is June, where it rains for an average of 10 inches. October and November are considered as the driest months.

To really discover the sunshine state, especially if you wish to enjoy the waters, finding the right Miami Beach Real Estate service is crucial to help you find a home that will be precisely in accordance with your lifestyle needs.

miami beach homes for sale

Get the Best Deals on Miami Beach Homes for Sale

Miami is an ideal place for not only vacationing but also finding quality homes at a diverse price

range. Furthermore, you will find a myriad of options that will enable you to hunt down a home that fits your individual needs precisely. Let’s look at some of the best deals you can get on Miami Beach Homes for sale.

241 NE 212th Street, FL 33179

Miami beach homes for sale

For $299,000, you can avail notable features, such as 3 bedrooms, 3 bathrooms, fence, barbecue area, open balcony, a tennis court, exterior lighting, walk-in closets, French doors, and closet cabinetry.

Built in 1991, this house is perfect especially because it is located in San Simeon, a great spot that is close to major highways. A spacious property, with huge kitchen and ample storage space that you can utilize anyway you like.

A large family room and master bedroom, giant master bath with a luxurious Jacuzzi, walk-in closets and storage room are what make this place so perfect for the given price. The big patio that comes with the house is enough to entertain all your family parties and gatherings. The complex also has a tennis court, a large pool, an exercise room, a clubroom, 24-hour guard gate, and anything you could want in a house.

Hurry up and get clicking because you don’t want to miss this out! Take a virtual tour of the house and click here for more information and similar exciting deals!

1798 NE 178th St, North Miami Beach, FL 33162

miami beach homes for sale

This home comes with a price tag of $349,900 and features 4 bedrooms, 3 bathrooms, patio, fence, exterior lighting, screened porch, space for pool, French Doors, a cooking island, closet cabinetry, and first-floor entry.

This house was established in 1952 and is especially noted for its nice and cool location, which is perfect for the hot Miami weather. Another reason why this estate is one of the best Miami Beach homes for sale because of its nearness to Aventura, great schools, big roads, the ocean and more. It is perfect for medium to large families and comes with 3 parking spots.

Have an in depth look at the place right here and decide for yourself.

Interested? Then visit Jonula.com for a virtual visit of the place and for more details on Miami Beach Homes for sale.

 

Homes for sale in Venetian islands

The Venetian Islands in Miami Beach

The Venetian Islands are a set of islands making up one of the most sought after Miami Beach neighborhoods. Despite being so close to the heart of South Beach, this neighborhood is quite tranquil. From east to west, the islands are as follows: Belle Isle, Rivo Alto Island, Di Lido Island, San Marino Island, San Marco Island, and Biscayne Island. The Venetian Causeway runs through all six islands connecting the islands to the mainland and Miami Beach proper. Located within Biscayne Bay, just off of NE 15th Street and Biscayne Boulevard, this chain of man-made islands grants buyers a serene environment within the hustle and bustle of the vacation capital of the world.

Belle Isle – Venetian Islands

The easternmost barrier island of the chain is Belle Isle. This island is home to a few apartment and condominium buildings, The Standard Hotel Miami Beach, and Belle Isle Park as the central focal point of the island. Belle Island was originally named Bull Isle, but was later renamed. During the early days of Miami Beach, Belle Island was known as the gate way to the beach and had an enclave of sprawling million dollar estates. Over time, Belle Island became how it is today, and is the only island within the chain to house multi-family units.

Rivo Alto Island – Venetian Islands

Rivo Alto Island is situated between Belle Isle and Di Lido Island. This island is home to spectacular waterfront and dry lot Miami Beach homes. Flagler Monument Island, an uninhabited island, is located at the southern tip of the island.

Di Lido Island – Venetian Islands

Di Lido Island is situated between Rivo Alto Island and San Marino Island. This island is home to stunning waterfront and dry lot Miami Beach homes. Residents can see the unfinished remains of another artificial island called Isola di Lolando, which is located at the northern tip of the island and is the remains of the Florida land boom. Recently, Di Lido Island has seen a great deal of remodeling of existing homes and new construction of homes.

San Marino Island – Venetian Islands

San Marino Island is situated between Di Lido Island and San Marco Island. This island is home to gorgeous waterfront and dry lot Miami Beach estates. San Marino Island is one of the mid-point islands, and offers spectacular wide bay views, and fascinating views of both the mainland and the beach.

San Marco Island – Venetian Islands

San Marco Island is situated between San Marino Island and Biscayne Island. This island is home to luxurious waterfront and dry lot Miami Beach estates. Due to its central location between the mainland and the beach, this island offers a great deal of privacy.

Biscayne Island – Venetian Islands

Biscayne Island is situated between San Marco Island and mainland Miami. This island is home to a handful of waterfront and dry lot Miami Beach homes, as well as a few apartment buildings.