Mexican superstar singer Luis Miguel got burned playing the Bal Harbour real estate game this year.
Miami-Dade County property records show the singer of La Incondicional bought a two-bedroom, two-bathroom condo at the new Bal Harbour North South building next to the St. Regis Resort in June.
According to the records, El Sol paid $1.95 million for the two-bedroom condo.
He sold it in October to a Philadelphia woman for $1.87 million.
What gives? Isn't the market recovering?
“It was an investment property,” said Realtor Julian Johnston. “He never intended to use it because he just got a bigger yacht and that’s where he stays when he comes to Miami.”
The singer, 43, can be found in these parts two or three times a year for some R&R.
From getting the party going in places like LIV or Story and into the real estate business is a jump that well-known Miami Beach nightlife impresario Tommy Puccio is doing matter-of-factly.
Got to give to “Pooch,” his business plan’s a doozy: He’s hiring some of his favorite nightclub hostesses and bottle girls to market the properties he wants to sell.
“I put together a really good-looking team,” Puccio says about his new T Pooch Realty. “I’m hiring my bottle girls [whose jobs are to push expensive bottles on well heeled patrons in nightclubs] as ‘marketing consultants.’
“Of course, they’re not Realtors, so they can’t show houses or negotiate. But they can get leads because they meet these guys who come here on vacation.
“I’ll send those who are successful to get trained so their can get their license.”
Thing is, Pooch doesn’t have his license either.
But he partnered with Paul King, who works the Sunny Isles Beach area.
Basel star watch
Get set, ready, go art shopping.
Actor Leonardo DiCaprio is among a slew of celebrities scheduled to descend on Miami this week for the revelry, and shopping opportunities, of Art Basel.
Tuesday, DiCaprio was spotted at the balcony of his suite at the Soho Beach House in dark sunglasses with hat low on his brow.
Also at the hotel: Hollywood uber-producer Brian Grazer ( 24, A Beautiful Mind, Rush) and Gerard Butler, who was spotted getting very friendly with a pretty fan poolside.
The November sweeps are in, and Fox affiliate WSVN-Channel 7 remains the most watched English-language station in the South Florida.
Its newscasts scored clear wins in several time slots for the prized audience of adults 25 to 54.
WSVN rules the 6 a.m. newscasts as well as 6 p.m. and 10 p.m.
Night owls prefer WPLG-Channel 10, which wins the 11 p.m. news, according to advertising rate-setting audience surveys.