Tag Archives | Developers

Miami Condo Sales Explode in 1st Qtr 2011

Miami Condos Sales Explode in 2011

Closed and pending sales data for condominiums in the first quarter of 2011 Miami-Dade County show a forty-four (44%) increase over the same period in 2010. All this without last years “First Time Buyers Credit!”

These increased sales have reduced the available inventory significantly, with available units dropping to just a twelve month supply. This is good news for both sellers and buyers. It indicates that there are a … Read More

Rent vs Buy in Miami? It Depends on the Market.

June 4th, 2010

Rent vs Buy in Miami? It Depends on the Market

There was a very interesting analysis of the rent vs buy decision in the Wall Street Journal recently. It all depend on the numbers…the math of an individual market. Interestingly enough most people find it difficult to buy in a buyer’s market and difficult to sell in a seller’s market. Completely backwards.

We have set up some new links to well priced … Read More

Miami Developer Drops Prices to $220.00 per Foot

August 21,2009

We just received notice that a developer in Miami has dropped the pricing for new developers units in their Miami Condo building to $220.00 per sqft.

This is a new condo building in the Miami Downtown/Brickell area.

Please visit www.MiamiCondoLifestyle.com and send us an email to confirm an appointment to get an opportunity to buy one or some of these.

Do not miss this opportunity. You may regret it.

http://www.miamicondolifestyle.com/images/condos/wind-main.jpg Condos

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Everglades on the Bay enters Bankruptcy

The twin-towered Everglades on the Bay project at 244 Biscayne Blvd in Downtown Miami has entered Chapter 11 bankruptcy protection.

Bank of America made the original $256 million construction loan and is listed as a creditor with no amount shown.

The largest unsecured creditors are Gryphon Construction and Holly Sime Realty. Both claims are listed as disputed.

According to MiamiCondoLifestyle.com, Everglades on the Bay had closed 87 units as of August 3rd, 2009 which … Read More