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South Beach Condos Blog (10 unread)

• Breaking News: Setai South Beach Condo Sale Breaks Record…AGAIN

  
  

  Sale of a Setai Condominium breaks $PSF record for a non-penthouse unit.

  Last week it happened again! Another Miami Beach real estate record was shattered. And from what I understand, yet another record transaction may go down here in the next [...]

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• Miami Beach Real Estate: 2012 South of Fifth Condo Stats

  Number of comments: 4
  

  What a year it’s been. Sorry for the lag on this report.

  2012 was a crazy time for Miami luxury real estate, homes and condos alike. In 2011, this South of Fifth (SoFi) condo index added a new luxury building, Ocean House, an ultra-posh, low-rise, 28-unit property in the completely renovated Walburne [...]

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• Stratosphere: 2012 Miami Beach Waterfront Real Estate Sales Soar to Heights Unseen

  Number of comments: 6
  Miami Beach Waterfront Real Estate Sales Break Records in Every Sector

  I’m an information gatherer. I like doing these stats and market performance posts to better my understanding of the business, but in the last couple of years, it’s also been like witnessing something great – history – and getting to [...]

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• Miami Beach Luxury Real Estate – Q3 Waterfront Stats: Ultra-Luxury INSANITY

  Number of comments: 4
  

  I really didn’t plan on doing a Q3 stats analysis of Miami Beach luxury waterfront homes, but with such incredible activity, especially in the ultra-high-end ($10M+) range, the stats are so out-of-control good that I just HAD to.

  The big story of 2012 is the number of homes and parcels of land [...]

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• BREAKING NEWS: 3 Indian Creek Drive, Indian Creek Island, Closes for Record $47M

  Number of comments: 6
  

   

  Miami Beach Real Estate: Indian Creek Island Estate Closes. Trumps Last Record Sale of $38.4M in March by $8.6M

   

  Originally offered for $52M in 2007 and listed as high as $60M in 2010, the 30,000 SF modern manse at 3 Indian Creek Island in Miami Beach closed today — smashing all [...]

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• Miami Beach Luxury Real Estate: 2012 Mid-Year Waterfront Stats and So Much More

  Number of comments: 3
  So last year at this time I proclaimed, “Miami Beach Luxury Real Estate is Back… and in a Big Way!”

  When I made that statement, I had no idea what was to come. The stats I’m putting out today completely blow everything away — everything ever. Miami Beach luxury real estate [...]

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• Miami Beach Real Estate: 2011 South Beach-South of Fifth Condo Market Index

  Number of comments: 3
  

  I know, I know. I’m sorry. It’s time for mid-year stats, and here I am just getting to last year’s analysis! It’s been crazy, crazy, crazy here.

  “The Music Started Playing Again” – Peter Zalewski

  Last year was totally nuts. I could write a lot in hindsight, but that wouldn’t really be [...]

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• Super-Flip: Apogee South Beach Penthouse Re-listed for $13.5M MORE Than $11.5M Paid. Do The Math

  Number of comments: 4
  The Apogee Penthouse, 800 S. Pointe Drive, PH #A, has been listed almost a year to the day of last year’s purchase for an astounding $25,000,000.

  From my knowledge of being the original listing agent, and the pictures on the MLS,  the owner has not improved the property from when [...]

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• Celebrity Real Estate-On Last Day of Show Rosie O’Donnell Lists Star Island Manse in Miami [UPDATED]

  Number of comments: 10
  

   

   

   

   

  Just in…. On the last day of her talk show on Oprah Winfrey’s OWN TV network, Rosie O’ Donnell lists her Miami Beach Star Island Estate for $19,500,000

  The home located at 43 Star Island Drive, was purchased by O’ Donnell in 1999 for $6,750,000, is just over 11,000 sf and [...]

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• CRAZY: Miami Beach Luxury Waterfront Real Estate Sales Surge More Than 41% in 2011

  Number of comments: 3
  

  This post is definitely the hardest of the year to write, if done right. Usually I get this Miami Beach real estate retrospective out on New Year’s Day, but I wasn’t feeling so comfortable with that this year. Why, you ask? Well, I saw something in the number of sales NOT [...]

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