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

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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

South Beach condos12-Month Miami Beach Real Estate Sales Volume Jumps to $701M, up from $436M

Miami-based Zilbert Realty Group, a leading real estate brokerage company, announced today that Miami Beach luxury sales volume has jumped 60.8% in the 12 months ending November 30, 2011.

Zilbert studies market sales trends as part of its ongoing market research, and noted a dramatic increase in luxury property sales in 2011. It examined condo and single family home sales in zip code 33139, where the sales price was over $500,000. Total sales volume in Miami Beach rose from $436,186,981 to $701,533,956, a 60.8% increase. The number of sales transactions, had a similar increase. Total sales transactions rose from 278 to 422, a 51.8% jump. The average selling price of condos and homes rose from $1,569,017 to $1,662,402, an increase of 6%.

Mark Zilbert, Managing Broker of Zilbert Realty Group states that, “The luxury market in Miami Beach has seen unprecedented demand, and the trend appears to be continuing as we enter 2012.” Mr. Zilbert states that his firm’s Miami Beach luxury sales this year have been the highest in the company’s history. “There is a finite number of extraordinary residences in Miami Beach, and buyers appear to be competing for a shrinking condo and home inventory”.

Zilbert points out some of the more-popular condos being sold in Miami Beach are found at The Continuum, ICON South Beach, Murano Grande South Beach, The Apogee, The Setai, the W South Beach Residences and the Murano at Portofino.

Miami Beach condos

 

W South Beach condosIn two months only, the W South Beach Condos closed over $30,000,000. Although the numbers speak for themselves, let us bring this property closer to you. The W Hotel and Residences South Beach is located in one of the world’s most vibrant cultural and entertainment district, in the center of South Beach, offering harmonious indoor/outdoor living with the most inspiring ocean panoramas. At The W South Beach Condos you can find only exquisitely finished and furnished oceanfront condominium residences with extraordinary hotel services and amenities.

This Miami Beach Real Condo was described as “Something much grander than a mere hip hotel”. Its two resort-style pools are perceived as “the lushest pool experience in Miami” not only by ELLE Magazine. Below are a few unique features of the W South Beach Condo:

– A world-class art collection,

– Whatever/whenever service,

– Private owners’ beach club,

– Mr. Chow,

– Sweat Fitness,

– Bliss Spa,

– Swing Tennis Court,

– Beachside Basketball,

– Warren-Tricomi Salon.

If you want to see which units are available at the W South Beach condo, please go to: http://www.bryanandbill.com/condo/W-South-Beach

Call the Bill and Bryan Team to learn more or to arrange a showing 305-791-2349.

LIVE IT. OWN IT.

W South Beach condosW South Beach condos

W South Beach condos

W South Beach condos