Icon South Beach Real Estate

February 14, 2012

The ever coveted dream of living in a paradise has come true for the residents of the Icon South Beach real estate. This magnificent wonder is found in the booming “SoFi” district of the international gateway to the Americas, Miami Beach.

The Icon South Beach real estate has all the features that will make life a paradise. With views of the Atlantic Ocean, Biscayne Bay, the Miami skyline and South Beach, everyday waking up in one of these wonders will transcend you into a world full of magic with the never ending selection of fabulous restaurants and shops that define the Miami Beach lifestyle. The entrance of the Icon South Beach condo is an extraordinary two-story lobby that begs to be touched, admired and inhabited. It was designed by the French designer Philippe Starck and it symbolizes the uniqueness of South Beach. Along with the best amenities imaginable, such as a spacious health spa, an infinity edge pool overlooking the beautiful Miami, walk-in closets, and 4 unique design palettes, nature, classic, culture and minimal, the Icon South Beach real estate has the pride of being the SoFi’s main spectacle.

If you are interested in Miami Beach condos or South Beach real estate visit our website: http://www.bryanandbill.com/ or give us a call at 305-791-2349.

Icon South Beach real estateIcon South Beach real estateIcon South Beach real estateIcon South Beach real estate

Icon South Beach real estateIcon South Beach real estateIcon South Beach real estate

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W South Beach real estateThe W South Beach real estate is a paradise blended with luxury in such a unique way that living in one of its residences is like living in a dream. The W South Beach is described as “Something much grander than a mere hip hotel”. The beach is the backyard; the front yard is the sleepless South Beach with its fabulous nightclubs and world-renowned restaurants featuring celebrity chefs – MR CHOW and Solea. Downstairs is another paradise with 5 distinct bars, a pool with a pool-side dining feature, and best of all, a whatever/whenever service which literally means that your wish is the command of the W South Beach real estate. Its resort-style pool described as “The lushest pool experience in Miami” by ELLE. All residents are perfectly sized, with ocean views to enjoy the summer breeze off the Atlantic Ocean and to enjoy some of life’s best feelings. Right outside the doorsteps is everything one needs, a fitness center, restaurants with world-renowned chefs, the most ideal location in the entire city, a never ending variety of things to do, places to go to, so therefore paradise is at your disposal. The W South Beach real estate is waiting with open arms and ready to give it all, it has to make all dreams to come true.

W Hotel and Residences South Beach is a 19-story tall, pet-friendly building consisting of 511 hotel units. All units face the ocean with unobstructed views and consist of studios (600sq/ft), one bedroom condos (800-1,100sq/ft) and two bedroom condos (1,200sq/ft). 5 bungalows of 1,350sq/ft are also available. All of the units have a ceiling height of 9 feet.

If you are interested in Miami Beach condos or South Beach real estate visit our website: http://www.bryanandbill.com/ or give us a call at 305-791-2349.

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The Residences at W South Beach Real Estate Hits $250 Million Dollars in Sales

South Beach Condo Hotels

W South Beach real estate

W South Beach Real Estate

W South Beach real estate

W South Beach real estate

Miami’s landmark condo-hotel continues success through turbulent market

The Residences at W South Beach real estate reports a total of $250 million in sales to date. This noteworthy milestone for the project follows a series of 40 closings between May and September 2011 with prices averaging over $1600-per-square-foot.

The 408-unit oceanfront condo-hotel has consistently maintained its premium price point since the inception of sales in 2006, just prior to the market crash that caused the South Florida real estate bubble to burst and a high percentage of projects to halt efforts. Pricing at W South Beach continues to far exceed that of its neighbors, with many of surrounding properties selling at over $1000-per-square-foot.

“I am thrilled with the sales results we are seeing at W South Beach,” said David Edelstein, the property’s co-owner and developer. “We launched this project before the market crashed, worked our way through the worst economic downturn in our lifetime, and have come through it with sustained and well-above average pricing. At the end of the day, we are delivering a truly exceptional product in a remarkable location.”W South Beach real estate

The high quality and unique residential experience at W South Beach has proven to be a driving force for sales, with experienced, existing owners purchasing additional units. Forty percent of sales in 2011 were from repeat buyers or a direct result of referrals from other unit owners at the property.

W South Beach Real Estate The trend of repeat buyers at W South Beach has been particularly prevalent among American families. Citing three specific transactions between May 2011 and March 2012, two owners upgraded to units more than double the size of the original purchase, and one upgraded from a two to three-bedroom residence. Traditionally, the owner will enter one or both in the hotel program.W South Beach real estate

The portfolio of buyers at W South Beach is a global mix, with 65% from international markets that include Brazil, the United Kingdom, France, Spain, Portugal, Poland, Russia, Turkey, and Nigeria. The property’s domestic buyer profile includes residents with first homes primarily along the East Coast, including New York and South Florida, as well as those from other U.S. cities such as Nashville and St. Louis.

The diverse range of buyers has helped push sales for all unit types. Studios sell in the largest volumes with upper penthouses selling at the highest absolute dollar amounts and highest price per square foot. Resales have also become a focus for W South Beach with the recent addition of an in-house division dedicated to these specific types of transactions.

W South Beach real estate

W South Beach has become the go-to destination on Miami Beach’s bustling Collins Avenue for both locals and jetsetters. Its extensive list of services and amenities has distinguished it from other hotels and condominiums; offerings include a designated residential concierge and W’s signature Whatever/Whenever service. Additionally, W South Beach is home to the internationally renowned Mr Chow, New York’s famed eatery, The Dutch, Bliss Spa, Warren-Tricomi salon, retail outpost, Therapy, and Miami’s hottest nightclub, Wall. The property has attracted a slew of high-profile events and happenings during Art Basel, South Beach Wine & Food Festival, Winter Music Conference, and Super Bowl in 2010. Famous faces spotted at W South Beach include Tom Cruise, Katie Holmes, Bono, Jamie Foxx, Jessica Alba, Kate Walsh, Hilary Swank, Rob Lowe, Cameron Diaz, Alex Rodriguez, Sean Penn, Leonardo DiCaprio, among many others.

If you are interested in Miami Beach condos or South Beach real estate visit our website: http://www.bryanandbill.com/ or give us a call at 305-791-2349.

W South Beach real estateW South Beach Real Estate

Continuum South Beach real estateThe miracle that is the Continuum condo, encompasses all of life’s wonders, magic and greatest sensations. Located in the evolving SoFi district of the world-famous Miami Beach, the Continuum is one of the hottest spots in South Florida and one of the best Miami Beach condos. Every day waking up to panoramic views of the ocean on one of the balconies of the Continuum is only possible while living at the Continuum South Beach real estate. There is a choice of 15 styles of residences, all fully equipped with floor-to-ceiling glass doors, some of the most futuristic amenities exclusive to the Continuum such as an electronic key system, and coveted interior design that make these bathrooms and kitchens one-of-a-kind. To top it all off, the Continuum’s ideal location nearby the incredible Ocean Drive and Lincoln Road makes it possible to live life to the fullest.

The Continuum South Beach real estate is on the “desire list” of many of people. You are probably wondering what is available there for sale. There is nothing easier to find it out than visiting our website: www.bryanandbill.com/condo/Continuum-South-Beach. The biggest choice is for 2 and 3 bedroom units as well as studios while there is only one 7 bedroom apartment and a penthouse available. The price starts at $773 for a townhouse and goes up to $3,524 for a beautiful 7 bedroom apartment located on the 36th floor.

If you are interested in Miami Beach condos or South Beach real estate visit our website: http://www.bryanandbill.com/ or give us a call at 305-791-2349.

Continuum South Beach real estate

Continuum South Beach real estate

Continuum South Beach real estate

Continuum South Beach real estate

Apogee South Beach Real EstateLocation, Leisure and Luxury are the three “L’s” that identify the Apogee – one of the best Miami Beach condos. In the fast-paced Miami Beach, this luxury South Beach real estate is evolving along with the everyday evolution that is occurring in one of the hottest and trendiest spots in the entire world. There are 17 stories which make it easier to reach the sky and 67 fabulous units, all with their own unique flavor and style to choose from. Each unit at this South Beach real estate has access to a private elevator, an enormous floor-to-ceiling glass window with magnificent views of the natural wonders of South Florida, and even an 11 foot deep balcony to soak up the Sun’s rays and breathe in the fresh ocean breeze.

The Apogee South Beach real estate is also a portal to the future with access to some of the latest technology available such as a wireless lighting system and an interactive smart panel. The best choice of the SoFi district and of the best Miami Beach condos is the Apogee condo due to its proximity to some of the finest dining and shopping locations along with the peace and tranquility that is found only inside the Apogee.

Right now there are only four units available at the Apogee South Beach real estate, each with a private elevator.

Unit # 501 – 4,154 Sq.ft. (386m2), 4 bedrooms, $6,150,000

This is Apogee’s most-desired floor plan, ready for you to move in to. This 4,154 Sq.ft. apartment is surrounded on three sides with 2,500 Sq.ft. of sweeping, 11-foot-deep terraces, including an outdoor kitchen with grill. The interior space is masterfully designed with a spacious master suite and a master bath over the Miami Beach waterways (looking out over Fisher Island), an extraordinary and impressive gas-fueled kitchen, a separate media room, 11-foot ceilings and a host of unique, high-quality features.Apogee South Beach Condos

Apogee South Beach Condos

Apogee South Beach CondosUnit # 603 – 3,103 Sq.ft. (289m2), 3 bedrooms, $7,199,000

Unit # 703 – 3,103 Sq.ft. (289m2), 3 bedrooms, $6,800,000

This is a flow throgh unit with the only condo on the beach with 11ft balconies, outdoor kitchen with BBQ. Interior designed by Rockstar Interiors, $1 million in upgrades. Unit comes with 2 1/2 Car Enclosed parking garage w/ A/C. Views of Fisher Island, Ocean & Sunset.

Unit # 1403 – 3,103 Sq.Ft. (289m2), 3 bedrooms, $7,490,000

This Apogee unit boasts Limestone floors, custom wall finishes and professionally decorated furnishings that make it the ultimate turnkey offering. Mile & Sub Zero’s gourmet kitchens & baths that spas would envy. Has its own private elevator foyer.

If you are interested in Miami Beach condos or South Beach real estate visit our website: http://www.bryanandbill.com/ or give us a call at 305-791-2349.

Apogee South Beach CondosApogee South Beach Condos

 

South of Fifth – the most upscale residential corner of South Beach, a tropical oasis of waterfront elegance. Whether you prefer a sun-drenched afternoon by a heated outdoor pool or sailing, revel in the South Beach lifestyle. Savor award-winning international dining in a variety of casual venues. The famous Art Deco District is nearby with exciting shopping and the nightlife of the trendy South Beach. Here, the best of the best South Beach real estate rise over the Atlantic Ocean, South Point Park and the Miami Beach Marina. Only in SoFi (South of Fifth), you can find beautifully appointed guestrooms designed to draw on the tranquility of the tropics influenced by the magic of South Beach.

Icon, Apogee, Murano Grande, Murano Portofino, Continuum, Yacht Club and Portofino Tower are the South of Fifth ultra luxury condos, to find out which one would suit you the best, read more.

Last week we were writing about the Murano Grande – a luxury South Beach condo. You can find the post by clicking on Murano Grande.

Murano Grande South Beach real estate

This week we would like to present to you the Icon South Beach real estate, which, when visited, will make a huge first impression on you, but not only one time, anytime.

Icon South Beach real estate

Icon is one of the most “Impressive and expressive“, “luxurious and liberating” South Beach real estate. The entrance of the Icon South Beach condo is an extraordinary two-story lobby designed by the French designer Philippe Starck and it symbolizes the uniqueness of Miami Beach. He also created four themes to finish Icon South Beach condos. Find your favorite one! The Nature plan – airy with natural wood, the Classic approach – tailored with echoes of French chateaux and Scottish castles, the Culture plan with colorful baroque touches and the Minimal one – all about simplicity and purity. You are also free to create your own design style. Express yourself and create a home as individual as your fingertips!

Icon South Beach real estate

If you are interested in Miami Beach condos or South Beach real estate visit our website: http://www.bryanandbill.com/ or give us a call at 305-791-2349.

Murano Grande South Beach Real EstateThe luxury condo resale market in Miami Dade County has seen a strong recent upswing, but will it last?

As difficult as it may seem to fathom, given the current macroeconomic data plaguing South Florida, indications are growing that the luxury condo resale market in Miami-Dade County is back — at least for the time being.
Foreign buyers with strong currencies complemented by a scattering of wealthy domestic purchasers acquired more $1 million condos in 2011 than in the last year of the South Florida real estate boom in 2006, according to an analysis of data from the Southeast Florida Shared Multiple Listing Service Database.
Buyers purchased nearly 590 condos for at least $1 million each in 2011 after acquiring less than 500 high-priced units in 2006.
On a year-over-year basis, the 2011 luxury condo resale activity represents a 29 percent increase from 2010 when fewer than 460 units were purchased for at least $1 million each in Miami-Dade.
Weeks into 2012, an additional 100 luxury units are already under contract waiting to transact.
Topping the list for the most expensive condo resale in the year 2011 is a penthouse in the Setai Resort & Residences in Miami Beach that sold for $21.5 million.

Setai South Beach Real Estate

A pair of units in towers on South Pointe Drive in Miami Beach’s South of Fifth neighborhood rounded out the top three rankings for the highest priced resales for 2011.
In separate transactions, buyers paid $11.5 million for a penthouse in the Apogee condominium and $10.6 million for a high-floor unit in the Continuum On South Beach, respectively.
The resurgence in the luxury resale market has inspired an increasing number of owners – who had previously been unwilling to accept lower prices during the last five years of the real estate crash – to put nearly 1,000 condos on the resale market with an asking price of at least $1 million each.
Nearly 20 ultra-luxury condominium units are on the resale market for at least $10 million each with one unit asking as much as $38 million in the wealthy enclave of Bal Harbour.
Developers are also taking notice of the resurgence in the luxury condo market.
At least five new luxury condo towers – ranging from the one-unit-per-floor Regalia to the drive-the-car-to-the-unit Porsche Design Tower in Sunny Isles Beach – are planned or under construction in Miami-Dade County where the proposed sales prices are expected to surpass $1 million each.
The luxury condo revival in Miami-Dade County is not occurring at the same pace in Broward County where foreign buyers play a somewhat more limited role in transactions.
Buyers purchased less than 70 luxury condo resales in Broward County in 2011 compared to 100 high-priced units at the top of the market in 2006.
On a year-over-year basis, 2011 luxury condo resales in Broward County are up 11 percent from 2010 when 61 condos traded at a price of at least $1 million each.

Icon South Beach Real Estate
Going forward, it is unclear if the Miami-Dade luxury condo market can maintain the resale pace given the current economic challenges in the European Union with the erosion of the Euro currency, the adoption of unpopular austerity measures and a series of downgrades by at least one influential rating agency.
Western European buyers from counties such as France, Germany, and Italy represent 19 percent of the estimated $318 million in monthly sales in the Miami-Fort Lauderdale-Miami Beach market attributed to foreign investors, according to an August 2011 report by the National Association of Realtors.
After buyers from Venezuela, the Western European buyers are the second largest concentration of $1 million buyers of any international group purchasing in Florida, according to the report.
An estimated 12 percent of Venezuelan buyers spend at least $1 million while six percent of Western Europeans are purchasing in that high-priced category.
By comparison, an estimated two percent of buyers from Brazil spend $1 million and one percent of buyers from Canada are in the high-end price range, according to the study.
Another issue facing the Miami-Dade County luxury condo market is the growing number of units available for purchase on the resale market aside from the unsold developer units remaining from the last real estate boom.

Apogee South Beach Real Estate

Even at the strong 2011 resale pace of an average of nearly 50 units per month, Miami-Dade County has about 20 months worth of high-priced condos currently available for purchase.
Many industry watchers consider a healthy market to have about a six-month supply of inventory.
Reinvigorated sellers with optimistic pricing expectations are another issue facing the luxury condo market.
Sellers of luxury condos are currently seeking a median price of more than $1.75 million in 2012 compared to median transaction prices of $1.6 million in 2011, $1.5 million in 2010, and $1.51 million in 2006.
Given the emerging economic and psychology issues combined with continuing challenges associated with obtaining financing, it is unknown if the Miami-Dade County luxury condo market can maintain the 2011 sales momentum into the latter half of the year once the winter tourism season ends in the second quarter.

Read more here: http://www.miamiherald.com/2012/01/22/v-fullstory/2601915/miami-dades-luxury-condo-resale.html#storylink=cpy#storylink=cpy#storylink=cpy

South Beach Real Estate - South of Fifth