Tag Archives: Miami

Miami, Florida, Real Estate Guide

Imagine living in a lush tropical paradise filled with sun-drenched beaches and warm tropical nights. The beautiful and exotic neighborhoods of Miami offer an enticing beauty unlike any other. Homes of many shapes, styles and varieties are available, from high rise condos to sweeping mansions and everything in between.

Miami offers a unique Latin flavor with diverse neighborhoods suitable for any type of buyer. Brand new and older condos offer breathtaking views of the Atlantic Ocean off of Brickell Avenue, close to the heart of downtown Miami. Exclusive Aventura offers enchanting residences near exclusive shops, delightful restaurants and the expansive Aventura Mall. You can watch the sun rise over the ocean and then take a relaxing stroll down famous Lincoln Avenue. Single family homes offer close proximity to beautiful Bayside where you can shop, eat or take a taxi – on the water! The differing homes offer all types of price points, suitable for varying needs.

Many different types of homes are available in this busy market. New suburban neighborhoods offer homes characterized by colorful stucco and Spanish features with all the modern amenities. Older homes under mature trees offer sprawling land. Condos provide breathtaking views right in the heart of downtown, where nightlife and the beach are just steps away. Continue reading

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Real Talk With Howard Chase- Election Impact On Real Estate And Home Buying

For more information about buying or selling real estate, please feel free to email howard@howardchaserealestate.com or call at (786) 566-3505. Remember to subscribe to my Youtube channel. Thank you and have a great day!

P: 305 532-7470
F: 305.532-7471
E: howard@howardchaserealestate.com
Address: 1354 Washington Avenue Suite #220
Miami Beach, FL 33139

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Enrique Iglesias’s video, ‘Finally Found You’ Shot in Bal Harbour Penthouse Listed by Howard Chase Real Estate

Latin pop mega star Enrique Iglesias found an interesting spot for the shooting of the video for his new hit single Finally Found You, a penthouse in Bal Harbour’s luxury condo highrise, The Harbour House.

Miami Beach, FL (PRWEB) November 07, 2012

Enrique Iglesias wrapped the shoot in time for last week’s video release which vaulted the song to #23 on the top 40 chart. Penthouse #1601 at The Harbour House at 10275 Collins Avenue is currently listed for sale by Howard Chase Real Estate for $6.9M. The unit features nearly 6,000 square feet under air plus an additional 3,000 sq ft of outdoor terrace space.

“The shoot was very exciting and brought fantastic exposure to the property. Enrique Iglesias’s production team was extremely efficient and utilized all the features of the condo including the private media room and the incredible terrace which spans the entire roof of the Harbour House.” Said HCRE power agent Lianne Graubart who has the listing. Graubart also states, “Oceanfront real estate in Bal Harbour has become among the most highly demanded in Miami, especially for New York and South American buyers looking for a South Beach oceanfront real estate alternative.” Howard Chase Real Estate is known for its luxury Miami property listings and celebrity clients who have recently included Iglesias, current Yankees star Alex Rodriguez and former girlfriend Cameron Diaz, actress Megan Fox and rapper Detailz.

The New Harbour House condos are 457 lavishly appointed residences on 16 floors adjoining the newly constructed Regent Bal Harbour luxury condo hotel and just a short walking distance to the exclusive Bal Harbour Shops. The condos are located on the northern-most tip of Miami Beach where the Intracoastal meets the Atlantic — one of the most sought after oceanfront properties in South Florida.

About Howard Chase Real Estate
Combining knowledge with dedication, Howard Chase Real Estate provides the finest in Miami and Miami Beach real estate services: sales, rentals and property management, both residential and commercial.

If you are interested in the Harbour House penthouse or other buying or selling opportunities in Miami and Miami Beach, please contact HCRE at 305-532-7470, howard(at)howardchaserealestate(dot)com orhttp://www.howardchaserealestate.com. Howard Chase Real Estate is located at 1354 Washington Avenue in South Beach.

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Florida 15-year-old buys second house.

The fame from her first purchase may land her a reality show. In the meantime, she hopes to buy 10 investment homes by the time she’s 18.

Remember that Florida 14-year-old who bought a foreclosed home for $13,000 back in March?

Now 15, Willow Tufano has closed on a second property and set a goal for herself of owning 10 homes by the time she is 18 and legally old enough to take title.

Not only that, but she also has put together a “sizzle reel” and may end up the subject of a reality show.

Willow buys the homes in partnership with her mother, Shannon Moore, who runs a real-estate brokerage with Willow’s grandmother, Roxanne Moore. Willow developed her interest in real estate from looking at property with her mother and raised the money to buy her investment homes by selling stuff she salvaged from foreclosed homes.

Willow’s second property cost $17,500 and is in Port Charlotte, Fla., where she bought her first home. It was a short sale for which they submitted an offer last spring.

Since the story of the teen real-estate would-be mogul hit the news circuits last March, Willow’s life has changed dramatically. She was interviewed by National Public Radio and ABC News and appeared on “The Ellen DeGeneres Show.” DeGeneres gave her $10,000 to spend at Ace Hardware and a new dryer. Willow was also invited to speak to 200 people at a college in Alabama.

If you’d like to see how she fixed up the first house she bought, The Huffington Post has a before-and-after slide show.

Willow has already learned a little about the realities of being a landlord: According to NPR, her first tenants skipped out in the middle of the night without paying their rent.

Willow likes the idea of a reality show, but notes that it will include her mother, her grandmother and her younger sister, Iris, all of whom have worked with her on her homes.

“I don’t want to be fake,” Willow, who attends an online high school, told NPR. “I’m going to be one of those people that loves their fans. If I have any.” Continue reading

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Top Miami Real Estate Broker Leading the South Beach Real Estate Recovery

Howard Chase Real Estate, LLC a luxury real estate brokerage in South Beach reports another Continuum South Beach townhouse sale, its third since last year.

Howard Chase Real Estate a luxury real estate brokerage in South Beach reports another Continuum South Beach townhouse sale, its third since last year. TH-2, a 2,544 sq ft oceanfront unit replete with a private rooftop deck sold for a whopping $2.9 million and was under contract after just 1 day on the market. This sale comes on the heels of the sales of TH-13 and TH-15 for $1.5 and $1.425 respectively. Howard Chase Real Estate re-listed TH-15 for $2.75M earlier this month.

Broker Howard Chase remarks, “The market in the highly revered South of 5th Street neighborhood in South Beach is ripe for sellers. I can say with confidence, our market is back and as strong as ever.” Chase goes on to say, “My clients are flipping again, the market is on fire.” These sales accompany another monster Continuum sale closed by Howard Chase Real Estate, the combined units 1106 and 1107 that sold for $5.2M at the end of 2011. A New York buyer, who saw the opportunity recommended by Howard Chase Real Estate, capitalized on the South Beach luxury market recovery and purchased the combined units. Chase sees the entirety of the market growing as well, not just South of 5th.

HCRE also represented the buyer on the sale of 5763 North Bay Road, a highly coveted neighborhood in which you can find the homes of Alex Rodriguez, Jennifer Lopez and recent addition Chris Bosh of the 2012 NBA champions, the Miami Heat. The sale was recorded for $2.55M, more than 20% higher than the last sale of the same property at the end of 2009. The luxury real estate market continues to lead the South Florida recovery, and it does not appear to be slowing down as we head into the busy winter real estate season in Miami.

About Howard Chase Real Estate

Combining knowledge with dedication, Howard Chase Real Estate provides the finest in Miami and Miami Beach real estate services. Sales, rentals and property management, both residential and commercial, highlight the brokerage in the areas of Miami, Downtown Miami, Miami Beach, South Beach, South of Fifth Street, Palm Island, Hibiscus Island, Star Island, Lincoln Road area, Mid-beach, Millionaires Row, Surfside, Bal Harbour, Sunny Isles, North Bay Village, Bay Harbor Islands, Aventura, Sunset Islands, La Gorce, Allison Island, Pinetree Drive, The Venetian Causeway, The Venetian Islands, Fisher Island, Key Biscayne, The Central Business District, The Upper Eastside, The Biscayne Corridor, Brickell, Mary Brickell Village, South Miami, Coconut Grove and Coral Gables.

For more information please contact HCRE at 305-532-7470 or visit us at http://www.howardchaserealestate.com.


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Miami Beach, Florida 33139
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P: 305 532-7470
F: 305.532-7471
E: howard@howardchaserealestate.com
Address: 1354 Washington Avenue Suite #220
Miami Beach, FL 33139

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Argentines Turn Cash Into Condos In Miami

IN early August, Jorge Sanchez, a broker with Douglas Elliman, flew to Buenos Aires to sell some Miami real estate. He returned to Florida a few days later with four signed contracts from Argentines for apartments in a 60-story tower in downtown Miami.

The fact that the buyers signed the contracts without ever flying to Miami to see the building — Opera Tower — speaks volumes about how eager, and desperate, Argentines have been to direct their money out of their country and into real estate in Miami and New York.

In the past few months, Argentines have quietly passed Brazilians to become the most active group from Latin America buying Miami real estate, according to Millie Sanchez, executive vice president of development marketing for Douglas Elliman Florida.

Brazil’s demotion from the top spot likely has something to do with the weakening of its currency, the real, versus the dollar in recent months. But in Argentina, a weakening peso and 25 percent inflation, economists say, have spurred many affluent Argentines to move their money into American real estate by expensive and sometimes illegal means.

Economic and political uncertainty around the globe are benefitting real estate in the United States, especially in Miami and New York, the two “safe haven” American cities foreign investors usually look to first. South Florida’s real estate market is certainly no stranger to capital flight from Latin America. But the velocity at which some Argentines are investing in Miami real estate has shocked some brokers here.

“The desperation of the Argentine people has taken over and they are actually market leaders here now,” Ms. Sanchez said. “Any project today in Miami is probably being sold 50 percent to the Argentines.”

The government of Cristina Fernández de Kirchner, Argentina’s president, has been trying to stop the capital outflow, which nearly doubled to $21.5 billion last year from $11.4 billion in 2010, with increasingly severe methods.

Argentines now have to submit requests to tax authorities to convert pesos into dollars for overseas trips, and are rarely approved for much. Overseas credit card purchases are heavily taxed at home. And specially trained dogs working for tax authorities are sniffing for dollars at ports, airports and border crossings.

The government began restricting access to dollars last November, days after Ms. Kirchner won a second four-year term.

What’s driving all this? Argentina has struggled to preserve its hard-currency reserves in the Central Bank and sustain a trade surplus. The country has had limited access to international credit markets, owing to its inability to win back the confidence of global investors after its $100 billion default in 2001.

The government has refused to take on more debt, to rapidly devalue the peso, or to reduce spending, which it needs to sustain programs for the poor and working class that make up its voter base. Instead, Ms. Kirchner’s government has chosen to clamp down on capital flight by whatever means possible.

Banks in Argentina are lending at rates some 10 percent under the inflation rate, economists say. There are few profitable investments left in the country, said Eduardo Blasco, a financial consultant in Buenos Aires.

Argentines are buying foreign properties not only to park their savings but also to make extra income through rentals. “Argentines don’t want any more Argentine risk,” Mr. Blasco said.

So they are willing to risk their savings on Miami real estate instead. At Opera Tower, at 1750 North Bayshore Drive, half of the 30 apartments sold in the past month were bought by Argentines, Ms. Sanchez said. Most were all-cash purchases, even though the developer, Florida East Coast Realty, has offered to finance up to 65 percent of the purchases.

After selling about a third of the building’s 635 apartments before 2008, the developer turned the building into rentals after the housing crisis. Six months ago, Opera Tower began selling condos again. Since then some 90 apartments of the remaining 394 have gone into contract, said Luis Espinosa, the director of marketing for Florida East Coast Realty.

The building has become almost a pure investment play. Owners are occupying less than 5 percent of the apartments, which are selling for $250,000 to $650,000 for studios, one-bedrooms and two-bedrooms, said Ana Tajes, Opera Tower’s sales director. Continue reading

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