Tag Archives | Miami Bayfront Condos

Portofino Tower Condos For Sale

Portofino Tower Condos For Sale

The Portofino Tower is still one of South Beach’s most luxurious condo towers. Built by world class developer, the Related group, you can’t go wrong with an apartment in Portofino Tower.

Portofino Tower -Building Summary

Community: South Beach
Architect: Sieger Suarez Architectural Partnership
Views: Ocean, Bay & City
Year Built: 1996
Bedrooms: 1, 2, 3, 4 & 5
Residence Size: 1,090 – 4,510
Pet Friendly: Yes
One per residence, no … Read More

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

Brickell Condos – Closed Sales Data

May 28th, 2009

Today begins the first in a series of articles about Miami Investment condos. We have created a table showing the most recent closed sales in buildings built since 2000 in the Brickell, Brickell Key and Miami River areas of Miami. These will be updated regularly and can be used to get transparency in the Miami Condo market. Several buildings have been clearing out their short sales with bank foreclosures and are starting … Read More

Best Bank Owned Deals In Miami

Foreclosure & Bank Owned Condos Best Deals in Miami Beach & Miami, Florida

May 4th, 2009

Bank owned foreclosures are often the best opportunity to purchase Miami condos. Bank owned condos, are sometimes referred to as foreclosure, Real Estate Owned or REO.

Please note: We have several highly-skilled Mortgage Lenders who can get financing even in financially “stressed” buildings!

Here is a list of the Top 7 Best Deals in the Miami condo market.

Top

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CIELO Luxury Bayfront Condos Near Completion

January 12, 2009
Miami Beach, Florida 33141

Cielo Condos Keyplan


Recent conversations with Egozi Development founder, Mario Egozi, reveal that his vision for CIELO condos is about to take it’s final form. This maximum thirty-six residence, boutique luxury building offers private elevator vestibules, a rooftop swimming pool with 360 degree views of Biscayne Bay and the Atlantic Ocean plus three unique and well-designed floorplans.

Initially, CIELO, was designed to offer twenty-four approximately 1,900 square foot Flats on the … Read More

EPIC Hotel Area 31 Restaurant Opens

Area 31 Restaurant

Now open, 270 Biscayne Blvd Way, 18th Fl, Miami; 305.424.5234

EPIC Miami Condos

Overlooking Brickell Avenue and the Miami

River from the 18th floor of the Epic Hotel in

Miami, Area 31 serves a Mediterranean-style

crudo menu including stone crab, yellowfin tuna,

and Key West pink shrimp, plus grilled seasonal

selections like Spanish mackerel, mangrove snapper,

cuttlefish, wahoo, and spiny lobster. The restaurant’s

name comes from the UN’s designation for the

economically sustainable fishing waters

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Brickell Key Condos Sales Report

December 14, 2008

On September 15th of this year we posted an article on the Brickell Key condominiums which included a graph of sales activity for the eleven buildings there (please see Diagram 1)

Building Name Total
Units
Units
For Sale
Percent Closed
Sales
Short
Sales
Avg List $
per SqFt
Avg Sold $
per SqFt
Year Built
Asia 123 17 13.8% 0 0 $973 TBD 2008
Brickell Key One 316 28 8.9% 7 1
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Four Ambassadors – Brickell Bayfront Condos

The Four Ambassadors was built from 1966 to 1968 and is one of the earliest condominium developments in the Brickell corridor. The Four Ambassadors complex has four 20 story towers with with 11 apartments per floor for a total of 744 residences. The Four Ambassador Condominium includes a hotel component and is located on Biscayne Bay next to Brickell Avenue and Downtown Miami. There are two floorplans available…a 990 sqft one bedroom convertible unit and … Read More

Venetia Condos – Midtown Miami Condos

The Venetia condos are located at 555 NE 15 Street just minutes from Downtown Miami and South Beach. The Venetia has incredible year round bay breezes, plus it is just seconds from all the amenities Miami has to offer and in the hottest and fastest growing zip code in the United States according to CNN.

The Venetia was built in 1980 and is one of the earliest condominium developments in the Miami Midtown Arts District. … Read More

Miami Condo Sales Statistics – Back to the Future – 2004 Pricing

October 31st, 2008

Miami, Florida

When people visit www.MiamiCondoLifestyle.com and contact me about buying in the Miami & Miami Beach market, they ask the following question…“How far back in time have the Miami and Miami Beach condo prices dropped?” Today we are going to find out.

The charts below show data from October of 2003 until September of 2008, for the months on inventory on hand and the average price per square foot. For … Read More