Newly Remodeled Can Be Yours Now! 5600 Collins Ave Miami Beach

PRICE: $419,900
BEDS: 2 BATHS: 2
SQUARE FT: 1,190

AMAZING PANORAMIC WATER VIEWS FROM THIS BEAUTIFUL 2/2 LOCATED IN THE FABULOUSLY REMODELED 5600 COLLINS! FANTASTIC UNIT FEATURING STAINLESS STEEL KITCHEN, GORGEOUS MAPLE FLOORS, ASSIGNED PARKING AND LAUNDRY INSIDE THE UNIT. AMAZING BUILDING INCLUDING ALL THE CREATURE COMFORTS, STATE-OF-THE-ART FITNESS CENTER, ENORMOUS POOL DECK, CARD/BILLIARDS ROOM, 24 HOUR SECURITY AND CONCIERGE, ON SITE CAFE AND MUCH MORE! GREAT LOCATION ON MILLIONAIRE’S ROW. VERY EASY TO SHOW, CALL NOW!

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

FOR SALE- 3801 COLLINS AVENUE- MIAMI BEACH, FLORIDA

$950,000
2 BED, 2 BATHS
1,212 SQUARE FEET
3801 Collins Ave. #1204
Miami Beach, Fl 33140

LOWEST PRICED 2 BED IN THE BUILDING! FABULOUS FLOW-THRU UNIT WITH DIRECT OCEAN AND BAY VIEWS OFFERING BREATHTAKING SUNRISE AND SUNSETS FROM 2 EXPANSIVE BALCONIES. THE LAYOUT FEATURES A WIDE-OPEN FLOOR PLAN WITH A PRIVATE ELEVATOR TO THE UNIT, SLATE BATHROOMS, STATE-OF-THE-ART KITCHEN WITH SUBZERO AND MIELE APPLIANCES AND AMAZING OCEAN VIEWS FROM THE MASTER SUITE! EXCLUSIVE BOUTIQUE BUILDING ON THE OCEAN COMPLETE WITH AN INFINITY POOL, GYM, SPA, WINE ROOM, VALET PARKING AND COMPLIMENTARY BEACH SERVICE!

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

FOR SALE-PRESIDENTIAL CONDO-401 OCEAN DR. MIAMI BEACH

 

 

 

 

 

 

 

 

PRESIDENTIAL CONDO
401 OCEAN DR UNIT 516
MIAMI BEACH, FL 33139
1BED, 1BATH- $2,700

Paradise. Direct ocean views as far as the eye can see .. fabulous remodel with no expense spared! Featuring recessed led lighting, gorgeous neo-modern designer furniture, sparkling new porcelain floors, dreamy glass-enclosed steam shower, wide-open floor-plan and private balcony overlooking the fresh blue ocean and sugar white sand. Incredible building featuring a huge pool deck, game room, and direct beach access. gated, assigned parking available for additional $100/month. Easy to show. For more details visit Howardchaserealestate.com. If you have any inquiries about about buying or selling real estate, please feel free to email howard@howardchaserealestate.com or call at (786) 566-3505.

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

FOR SALE-THE BENTLEY BAY CONDO- 540 WEST AVE. MIAMI BEACH

 

 

 

 

 

 

 

THE BENTLEY BAY CONDO
1 BEDS 1 BATHS
540 WEST AV Unit 1013
Miami Beach , FL 33139
RENTAL – A
MLS #: A1515001
Year Built: 2004
Square Ft: 777

Featuring brand new designer furniture, gorgeous white marble floors and all the upgrades you can imagine. incredible finishes, views for days, jacuzzi tub and more .. available short term or long, easy to show. For more details visit Howardchaserealestate.com. If you have any inquiries about about buying or selling real estate, please feel free to email howard@howardchaserealestate.com or call at (786) 566-3505.

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

New 18-Story Condo Tower Planned For Ocean Drive Site In South Beach

By Michael Braga, Herald-Tribune

/ Friday, July 6, 2012

A private equity group is reviving plans to construct a condo tower on the famous Ocean Drive in the South Beach neighborhood of Miami Beach as the coastal market increasingly shows signs of recovering from the dramatic South Florida real estate crash that began in 2007, according to a new report from CondoVultures.com.

The proposed 120 Ocean Drive project – originally dubbed the Kallisto – is envisioned to be an 18-story condo tower with 10 units immediately north of the popular steak restaurant Prime One Twelve, according to the Preconstruction Condo Projects list from the licensed Florida brokerage CVR Realty.

The developer – a entity controlled by the Boston-based Congress Group – purchased the three-parcel site with a combined 17,250 square feet of land for $8 million in October 2005, according to Miami-Dade Property Appraiser records.

CondoVultures.com profiled South Florida new unit sales by project in the first quarter of 2012 in the seven largest coastal condo markets in the tricounty region of Miami-Dade, Broward, and Palm Beach counties.

Beginning the week of April 16, 2012, the Condo Vultures Market Intelligence Report published a seven-part weekly series that analyzing new condo sales trends in Greater Downtown Miami, South Beach, Sunny Isles Beach, Hollywood / Hallandale Beach, Downtown Fort Lauderdale and the Beach, Boca Raton / Deerfield Beach, and Downtown West Palm Beach and Palm Beach Island.

South Beach is a 24-block long neighborhood in the barrier island city of Miami Beach that stretches from South Pointe Drive north to 24th Street, the Atlantic Ocean west to the Venetian Islands, according to the Condo Vultures Official Condo Buyers Guide To South Beach.

To read more, click here:

Investors Reselling Condo Units Bought During Housing Collapse

posted by Alex Ferreras

(Source: Paul Owers Sun Sentinel, Fort Lauderdale, Fla. (MCT) — Bulk buyers have resold more than 60 percent of the coastal condominiums snapped up during the housing bust, according to a recent report.

The investment groups have unloaded roughly 3,200 of the 5,100 units that were in or near foreclosure, said CondoVultures.com, a Bal Harbour-based real estate consulting firm.

Many of the bulk sales occurred in Miami-Dade County. But as available properties there became scarce, the investors found deals in Broward and Palm Beach counties.

The supply of available condos is shrinking quickly, prompting developers to plan thousands of new units in South Florida over the next few years.

Bulk buyers started by renting the condos but are reselling them for modest profits now that values are increasing, Zalewski said. He added that the groups are likely to keep renting some units, expecting prices to rise even more in the months ahead.

Some of the larger bulk sales involved Trump Hollywood, Las Olas by the River in Fort Lauderdale and 2700 N. Ocean Drive on Singer Island in Riviera Beach.

The 200-unit Trump Hollywood is sold out, Miami-based BH3 announced last month. The group took control of the development in late 2010 after developer Jorge Perez handed the 41-story tower back to the lender. Donald Trump still licenses his name to the building.

Lionheart Capital said last week that 2700 N. Ocean, now known as Ritz-Carlton Residences, has surpassed $100 million in sales.

Lionheart, a Miami-based private equity firm, bought 146 of the 242 oceanfront units in 2010. Prices range from the $700,000s to more than $10 million.

Sales are picking up, and buyers are discovering that they can’t wait indefinitely to decide, said Carolyn Block Ellert, a sales executive at the Ritz-Carlton Residences.

With less than a third of the units still available, “we’re well ahead of our projections,” said Ophir Sternberg, president of Lionheart.

Read full story here: http://www.loansafe.org/investors-reselling-condo-units-bought-during-housing-collapse

Europe’s Financial Woes Ripple To South Florida

July 4, 2012|By Kathleen Haughney and Doreen Hemlock, SunSentinel

Europe’s financial woes may be South Florida’s gain — at least when it comes to real estate.

Europeans with extra cash are looking to invest faster in second homes in South Florida before the value of their euro currency drops further, real estate specialists said.

Euro-zone woes are rippling to South Florida in varied ways, raising concerns about trade, tourism, stock markets and even the broader pace of the U.S. economy and global growth.

Here’s a look at how euro-zone problems — especially in Greece, Spain, Portugal, Italy and Ireland — are affecting South Florida.

Real estate: International buyers from Europe and other regions accounted for about 15 percent of Florida’s real estate sales before the 2007 recession, and they’ve represented the bulk of cash buyers in recent years.

For Europeans with extra cash, now is the time to buy in South Florida, said Senada Adzem, director, Douglas Elliman real estate in Boca Raton, which specializes in high-end homes. Her European business is up this year, especially from U.K. and German buyers purchasing homes worth $5 million and more.

Many cash buyers from Europe are investing in areas where they figure they can rent out their apartments for a gain.

Read full article here: http://articles.sun-sentinel.com/2012-07-04/business/fl-florida-eurozone-crisis-20120704_1_european-visitors-south-florida-boosts-exports

Building Fever Heats Up Miami

By Mike Colpitts- http://www.housingpredictor.com

A year of appreciating home and condominium values has sent developers scrambling to find land to build new developments on in Miami. The booming shape of real estate reality is flying high again in this picturesque waterfront city. The American Dream is alive and well in one of America’s great vacation spots.

There are 45 new condominium towers proposed to be built in the region, which includes swank Miami Beach and South Beach, where there’s no shortage of bikinis most of the year. The construction crane was said to be the state’s bird by real estate types during the bubble years, and it seems that it’s going back to work.

The housing crash was devastating for the region, but it’s all but healed with the influx of new money from international buyers, two out of three of whom are paying cash for property purchases. No mortgages are needed for this well to do set.

Cheap money in terms of mortgage rates and pent up demand is also driving a recovery in Florida’s largest metropolitan region. Home sales are climbing for the second year in a row as record low interest rates push more home buyers into action. However, a 10% high unemployment rate still troubles most of Miami and most of Florida, which depends heavily on its tourist business and real estate industries for mainstays of the state’s economy. The joblessness rate has been cut in half.

Read full story here: http://www.housingpredictor.com/2012/miami-building-fever.html

Would you buy the house where Gianni Versace was shot?

The Miami mansion where Gianni Versace died is on the market.  But will the history of the house help or hinder its sale? Emma Rowley investigates the price of infamy.

By Emma Rowley – The Telegraph

Russian oligarchs, Middle Eastern royalty and Ecclestone sisters, get out your wallets. Gianni Versace’s sumptuous mansion is back on the market. Now used as a boutique hotel, Casa Casuarina in Miami Beach, Florida, has been put up for sale with a hefty £80 million price tag.

Whoever buys it will need to share the tastes of Versace, that is certain. The couturier spent millions transforming the 10-bedroom South Beach property into an Italian villa, complete with frescoes, statues and stained glass, ever ready for a visit from Elton and the like.

What all those involved are less keen to trumpet is that 1116 Ocean Drive is also where Mr Versace was shot dead on the steps in 1997. Could this tragic aspect of its past prove a problem?

This is not a prospect that would appeal to all. But then, whoever snaps up Casa Casuarina, where even the swimming pool is tiled in 24-carat gold, is unlikely to be a shrinking violet.

Read more here: http://www.telegraph.co.uk/property/9364511/Would-you-buy-the-house-where-Gianni-Versace-was-shot.html

Billy Joel Selling A Superb Miami Beach Mansion For $14.75 Million

Miami Beach, Florida – The Miami real estate newswire this week’s information on a Mansion but not one in the sky. We frequently report on Mansions in the Sky, Condos in Miami. This is an actual Mansion on the sandy grounds of Miami. Following 6 Years of living in this luxury Miami Home, Billy Joel is selling. He is known as The Music Man, Billy Joel Is asking $14.75 Million for this Miami Beach Mansion.

Mansion located on La Gorce Island, a Gorgeous Gated Community in Miami Beach

The celebrity real estate news in Miami is often loaded with the big time players. This six-time Grammy-winning singer and songwriter, Billy Joel is selling his mansion on Miami Beach’s gated La Gorce Island. Billy Joel has owned the .67-acre Miami Beach Property since February 2006. This property is pie-shaped and of course on the waterfront. Billy Joel purchased the posh property on La Gorce Island, using a limited liability company, for $13,500,000. It appears through various real estate newswires in Miami that this was a cash deal.

Mediterranean Home with Stunning Views of the Water

The Miami Beach property is viewed as a Mediterranean Revival mansion-in the style, similar to that of the respectable architect Addison Mizner. This Miami Mansion was only built in 2004, as it consists of approximately 8,884 square feet and contains a total of 7 bedrooms and 8.5 bathrooms. This Miami Beach Luxury property includes a separate 1 bedroom and 1 bathroom guesthouse or once what was called a Mother-in-law’s home.

Mansion with Classic Designs Everywhere An Investor Looks

The Florida property has sweet Palm trees populating the sides of a paver stone driveway that passes through a motorized wrought iron gate. Billy Joel’s Miami Mansion has a palm tree-ringed interior motor court with two separate and semi-detached two-car garages. This Miami Beach home is loaded with marble, and limestone. The architectural designer did an amazing job as this luxury home includes elevated and barrel vaulted ceilings. The piano man can see through the French doors and take advantage of the stunning views of the Biscayne Bay.

A Miami Real Estate Broker’s Dream Listing

The Miami mansion, according to the Real Estate Broker’s listing details, has formal living and dining rooms. The Miami Real Estate Broker lists details such as a genuine cook’s kitchen, a home office, and a waterside family room with groin-vaulted ceiling. This Miami Luxury property owns a, built-in wet bar, with wine cellar for all those Canadian buyers who want to switch from Miami condos to a ritzy Mansion.

Mansion in Miami Beach for Those Qualifying for Key Man Life Insurance

The breathtaking La Gorce Island is definitely a desired enclave by celebrities, wealthy Private Investors and those who have a need for Key Man Life Insurance.  In other words the extremely wealth love this are of Miami and South Florida. For those who are old enough, you might remember Cher? She once owned a large residence just down the street from Billy Joel. Also nearby was the Latin pop – crossover singer Shakira. We saw newswires report that Bee Gee Maurice Gibb owned a La Gorce Island mansion yet he sadly died in 2003.