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

Apogee Beach Hollywood If the real estate bust was good for anything, it might be that it’s forcing developers to get more creative.
How creative?
Try high-rise condos with elevators for cars that allow you to park next to your living room — even if it’s on the 20th floor. Or a shopping center adorned with artwork, and a parking garage that lets you pull up to the retailer of your choice. Or try turning a former landfill into a mixed-use development. Those were among the plans discussed Friday during a developer roundtable organized by the Greater Miami Chamber of Commerce.
Miami-Dade County Mayor Carlos Gimenez also stopped by.
To have developers gearing up for projects, “it means there’s light at the end of the tunnel,” Mayor Gimenez told about 100 people at the lunch hosted by law firm Bilzin Sumberg at 1450 Brickell Ave.
“It’s good to have these workshops because it means there’s work,” the mayor said, adding that his administration will streamline the permitting process. “We’ll do everything in our power to make it easier for you to build and create, and to continue to create this beautiful city.”
Developers on the panel talked about how much of today’s tight post-crash real estate market is about finding a niche, whether that’s offering unconventional luxuries to stand out to wealthy foreign buyers or simply scouting for previously overlooked sites to get the most land for the money.
Local developer Gil Dezer is getting creative with help from Germany-based Porsche Design Group in a project catering to wealthy buyers, particularly from abroad.
“We’ve come up with the car elevator,” Mr. Dezer said.
Porsche Design Tower, Sunny Isles BeachDezer Development and Porsche are partnering on the Porsche Design Tower, where elevators are to lift cars into the sky to high-rise condos, each with its own parking space in a glass-walled showroom.
The 57-foor, 132-unit tower is planned for Sunny Isles Beach. Mr. Dezer said the building would have the world’s first elevators with their own fire-suppression system. The units are expected to be priced up to several million dollars each.
“We’ll be charging for the parking space as part of the units, instead of giving it away free in a garage,” Mr. Dezer said. The high-rise parking “offers more security, which is important to a lot of our South American customers.”

Another project catering to well-heeled foreign buyers is the 49-unit Apogee Beach in Hollywood Beach. Developer Carlos Rosso, president of Related Condominium Division, said units are selling for about $1 million on average, with the company requiring buyers to pay at least 80% of the price before completion.
Mr. Rosso said about 95% of buyers at Apogee Beach come from Latin America.
“The more we go to feeder markets” outside the US, “the more we find that the cash is in South America,” he said, adding that Miami has the potential to become “the New York of Latin America.”

Apogee Beach Hollywood

Apogee Beach Hollywood
Brett Dill, president of the Swerdlow Group, described a somewhat different approach. Instead of buying relatively little land and building vertically, his group is planning a mixed-use development on a 180-acre site off Biscayne Boulevard in North Miami that was once a landfill.
Named Biscayne Landing, the project will feature about 800,000 square feet of retail and plenty of open space, and eventually could include up to 3,500 housing units, Mr. Dill said.
“We’re actually underutilizing the land, but there’s such an abundance of it,” he added. “There’s almost an unlimited capacity for development [there] in the next 10 years.”
Jeff Berkowitz, president of Berkowitz Development Group, said his firm has been waiting for several months for permits from the City of Coral Gables for the proposed Gables Station. The project would feature four levels of upscale retail — about 333,000 square feet in total — divided by a 1,450-space parking garage. The project also will feature nearly $1 million worth of art on public display, Mr. Berkowitz said.
“The garage will be done so cars can go to the front doors of retailers they like to visit,” he added. “This will be a trophy project. We hope to get the permits in the next two months. Then we hope to get enough leasing done that lenders will give us enough money to go forward.”

 

Source: http://www.miamitodaynews.com/news/120202/story5.shtml

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

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

Setai South Beach condos

The Setai South Beach Condo – Hotel can be considered like one of the wonders of the world. Located in the fast-growing and international Miami Beach, The Setai is a magical paradise. As soon as you step inside the lobby, several worlds blend. The magnificent design of an Asian palace and the eccentricity of the Miami nightlife merge together at the Setai South Beach Condo – Hotel. The high speed elevators will then take you up to your personal heaven into one of the most luxurious beachfront condo in the entire world. Inside the room, there is a dramatic view of the Atlantic Ocean and it is all possible with the floor-to-ceiling window specifically designed to enhance this landscape and scenic view. With beautiful black granite flooring, every step inside is a delicate feeling that can only be experienced for the residents of the Setai. Heading back to the lobby for a fabulous dinner at the world-renowned Restaurant at the Setai, along with having imported Asian stones, statues and art in the surrounding, the sensation of Zen and tranquility will all perfectly blend in such a way that will make living at the Setai South Beach condo – hotel just like knocking on heaven’s door. The poolside is another gate into paradise. With three pools, all at different temperatures, along with a courtyard that is truly fit for a king, the Setai is Miami Beach’s top-of-the-line location for living and enjoying some of life’s best feelings.

If you are interested in more information about the Setai condos give us a call at 305-791-2349 or visit our website www.bryanandbill.com.Setai South Beach condos

Setai South Beach condosSetai South Beach condos

Setai South Beach condoSetai South Beach condos