• May. 11, 2008 - Brickell Key Condos
• May. 11, 2008 - Brickell Avenue Condos
Brickell Avenue Condos Home Page
Brickell Avenue is the financial gateway to South America and the Brickell Avenue condominiums that have been added in recent years to the Miami skyline are located in the heart of this financial district. Formally known as "millionaires row", businessmen and entrepreneurs worldwide choose condos along Brickell Avenue and Brickell Key as their South Florida headquarters. Minutes from downtown, a condo on Brickell has exquisite, panoramic views of Miami Beach, Coconut Grove, Key Biscayne, and the downtown skyline. With so many condos for sale and more becoming available everyday, the professional at Avant Realty International can assist you in finding a condominium in this exclusive district that is perfect for your needs. There is plenty of entertainment and dining in the areas surrounding the condominiums on Brickell. Bayside Marketplace with shopping, concerts, food and fun is literally down the street. Connected to Bayside is the American Airlines Arena, which is the home of the Miami Heat, concerts, and special events.
Ten minutes east of your Brickell Condo, you can have dinner at the famous Joes Stone Crabs on South Beach, and ten minutes south is Coconut Grove with all the fun and culture that it has to offer. Miami International Airport is not far and the Sunny Beaches of Key Biscayne and its annual ATP tennis tournament are just over the bridge. Many condos on Brickell Avenue are also for rent. Condo owners who keep their Brickell Avenue residence as a second or third home are constantly placing their units on the rental market and the rental department at Avant Realty International has the knowledge of which units are available and when. Whether you are looking for a long-term or short-term lease, our expert staff has developed personal relationships with many of the Brickell Avenue condo owners and managers and will work to find the rental unit that fits your business or social needs.
If you are currently a Brickell Avenue condo owner and wish to sell or lease your condominium, please allow one of our condo specialists assist you. Condos on Brickell Avenue are perfect for business people and their families. Safety is a priority and people can feel secure as they walk, jog, and enjoy the outdoors that the Brickell area offers. There is easy access to The Metro-Mover and Metro-Rail and when the family is ready for a vacation, The Port of Miami, a mere ten-minutes away, is where the cruise ships depart. With all of the convenience and luxury that Brickell Avenue condominiums have to offer, it is no wonder that so many international business people choose this exclusive locale as their South Florida residence.
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• May. 9, 2008 - 55 Merrick Condo
Developer: Dayco
Description: Residential, Retail, Office
Type: Mix-Use Building
Floors: 8
Units: 167 residences
Number of Bedrooms: 1, 2 & 3
Unit Sq. Ft. Range: 848- 1,854
Price Range: $ 300,000's - $ 800,000's
Amenities: Temperate Controlled Pool, Fitness Center, Valet, Concierge, 2-story Clubhouse, security
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• May. 7, 2008 - Housing Crisis is Over
The Housing Crisis is Over
Wall Street Journal Wall Street Journal,
By Cyril Moulle-Berteaux May 6, 2008
The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now.How can this be? For starters, a bottom does not mean that prices are about to return to the heady days of 2005. That probably won't happen for another 15 years. It just means that the trend is no longer getting worse, which is the critical factor.Most people forget that the current housing bust is nearly three years old. Home sales peaked in July 2005. New home sales are down a staggering 63% from peak levels of 1.4 million. Housing starts have fallen more than 50%, and, adjusted for population growth, are back to the trough levels of 1982.Furthermore, residential construction is close to 15-year lows at 3.8% of GDP; by the fourth quarter of this year, it will probably hit the lowest level ever. So what's going to stop the housing decline? Very simply, the same thing that caused the bust: affordability.The boom made housing unaffordable for many American families, especially first-time home buyers. During the 1990s and early 2000s, it took 19% of average monthly income to service a conforming mortgage on the average home purchased. By 2005 and 2006, it was absorbing 25% of monthly income. For first time buyers, it went from 29% of income to 37%. That just proved to be too much.Prices got so high that people who intended to actually live in the houses they purchased (as opposed to speculators) stopped buying. This caused the bubble to burst.Since then, house prices have fallen 10%-15%, while incomes have kept growing (albeit more slowly recently) and mortgage rates have come down 70 basis points from their highs. As a result, it now takes 19% of monthly income for the average home buyer, and 31% of monthly income for the first-time home buyer, to purchase a house. In other words, homes on average are back to being as affordable as during the best of times in the 1990s. Numerous households that had been priced out of the market can now afford to get in.The next question is: Even if home sales pick up, how can home prices stop falling with so many houses vacant and unsold? The flip but true answer: because they always do.In the past five major housing market corrections (and there were some big ones, such as in the early 1980s when home sales also fell by 50%-60% and prices fell 12%-15% in real terms), every time home sales bottomed, the pace of house-price declines halved within one or two months.The explanation is that by the time home sales stop declining, inventories of unsold homes have usually already started falling in absolute terms and begin to peak out in "months of supply" terms. That's the case right now: New home inventories peaked at 598,000 homes in July 2006, and stand at 482,000 homes as of the end of March. This inventory is equivalent to 11 months of supply, a 25-year high -- but it is similar to 1974, 1982 and 1991 levels, which saw a subsequent slowing in home-price declines within the next six months.Inventories are declining because construction activity has been falling for such a long time that home completions are now just about undershooting new home sales. In a few months, completions of new homes for sale could be undershooting new home sales by 50,000-100,000 annually.Inventories will drop even faster to 400,000 -- or seven months of supply -- by the end of 2008. This shift in inventories will have a significant impact on prices, although house prices won't stop falling entirely until inventories reach five months of supply sometime in 2009. A five-month supply has historically signaled tightness in the housing market.Many pundits claim that house prices need to fall another 30% to bring them back in line with where they've been historically. This is usually based on an analysis of house prices adjusted for inflation: Real house prices are 30% above their 40-year, inflation-adjusted average, so they must fall 30%. This simplistic analysis is appealing on the surface, but is flawed for a variety of reasons.Most importantly, it neglects the fact that a great majority of Americans buy their houses with mortgages. And if one buys a house with a mortgage, the most important factor in deciding what to pay for the house is how much of one's income is required to be able to make the mortgage payments on the house. Today the rate on a 30-year, fixed-rate mortgage is 5.7%. Back in 1981, the rate hit 18.5%. Comparing today's house prices to the 1970s or 1980s, when mortgage rates were stratospheric, is misguided and misleading.This is all good news for the broader economy. The housing bust has been subtracting a full percentage point from GDP for almost two years now, which is very large for a sector that represents less than 5% of economic activity.When the rate of house-price declines halves, there will be a wholesale shift in markets' perceptions. All of a sudden, the expected value of the collateral (i.e. houses) for much of the lending that went on for the past decade will change. Right now, when valuing the collateral, market participants including banks are extrapolating the current pace of house price declines for another two to three years; this has a significant impact on the amount of delinquencies, foreclosures and credit losses that lenders are expected to face.More home sales and smaller price declines means fewer homeowners will be underwater on their mortgages. They will thus have less incentive to walk away and opt for foreclosure.A milder house-price decline scenario could lead to increases in the market value of a lot of the securitized mortgages that have been responsible for $300 billion of write-downs in the past year. Even if write-backs do not occur, stabilizing collateral values will have a huge impact on the markets' perception of risk related to housing, the financial system, and the economy.We are of course experiencing a serious housing bust, with serious economic consequences that are still unfolding. The odds are that the reverberations will lead to sub-trend growth for a couple of years. Nonetheless, housing led us into this credit crisis and this recession. It is likely to lead us out. And that process is underway, right now.Mr. Moulle-Berteaux is managing partner of Traxis Partners LP, a hedge fund firm based in New York.
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• May. 6, 2008 - South Florida Real Estate
Miami: Buyers Abroad Flock to Condos
South Florida real estate developers and brokers are in the middle of a condo-buying frenzy. Throw in the state's high property appreciation rates, growing interest from foreign investors, and burgeoning population, and you end up with a real estate hotbed.
In Miami, where home values increased 20 percent last year, according to Florida Association of REALTORS® figures, condos are coming out of the ground at an unprecedented rate. Roughly 70,000 condo units are currently planned, under construction, or already for sale in the city.
Developers have jumped into the market feet first with new condo developments like Mary Brickell Village, the Avenue, the Plaza, and Neo Lofts. Other new projects include Continuum North Tower and Apogee, both in Miami's South Pointe beachfront region. Prices on such units run the gamut from $200,000 for basic, two-bedroom/two-bath units, up to multimillions for penthouses.
"There's very strong demand coming from the baby boomer generation, which is really driving our market right now," says Ralph DeMartino, president of Miami’s Ocean International Realty, which has two offices and 15 sales associates. "Even the higher-priced condos are selling well, while the mid-priced ones (at $500,000 to $1.5 million) are becoming harder and harder to come by."
DeMartino, a board member of the REALTOR® Association of Greater Miami and the Beaches, says buyers come to Miami from up and down the Eastern Seaboard and from Latin American and European countries. "With the strength of the euro, the buyers come on strong," DeMartino says. "Their friends see that they’re buying a place in Miami's beach area, and they want a piece of it, too."
Existing-home sales also are holding their own in the Miami market, where FAR reported a 2 percent increase in the total number of homes sold in June compared to the same period last year. The area's median sales price rose 27 percent to $363,100 in June, up from $285,900 last June. Where real estate practitioners are facing challenges is in their struggle to find listing inventory.
"There's not enough supply, and there is a big demand," says Jay Chernoff, chairman of the REALTOR® Association of Greater Miami and the Beaches and a district sales manager with Keyes Co., REALTORS®, in Aventura. "Homes sell quickly and usually receive multiple offers."
The area's economy also is showing strength. With a population of 362,470 (according to the Census 2000), Miami-Dade County is the most populous county in the state, with top employers including Publix Super Markets Inc. (with 25,500 employees), Tenet Healthcare Corp. (11,330), Wal-Mart Stores (10,390), HCA East Florida Division (10,000), and University of Miami (9,410).
The region's unemployment rate has dropped since 2004, according to the U.S. Bureau of Labor Statistics, which reported a May rate of 4.1 percent, compared to 4.8 percent during the same month last year. Statewide unemployment in May was 4.0 percent.
Chernoff expects the market frenzy to continue throughout the rest of the year and likely into 2006. However, he believes that talk of the difficulty of finding affordable properties may eventually have an effect on the market.
"All of the buyers are a little worried about putting out $1 million-plus for these properties right now," says Chernoff. "They're not holding back at this point, but they are a bit more apprehensive about moving forward."
—By Bridget McCrea for REALTOR Magazine Online
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• May. 6, 2008 - Miami Condos for Rent
Condo Owners Face Rental Dilemma
Condo owners who can’t sell their units often consider leasing the space to tenants until the market improves. Yet, increasingly, such owners are discovering that their condo association has rules preventing them from doing so.
Rental policies vary by condo association, but generally associations limit the percentage of units that can be occupied by tenants. Some communities require owners to submit the lease they plan to use to the condo board for approval.
The rental restrictions are meant to guard against the condo being viewed as a risky investment by lenders who believe that buildings with a high concentration of rentals are harder to market to homebuyers. Fannie Mae will not guarantee a loan for a condo in which renters make up more than 49 percent of the occupants.
The rules generally stem from a feeling that renters don’t take good care of a unit and can reduce the value of the unit.
Source: The Washington Post, Renae Merle (05/03/2008)
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• May. 5, 2008 - Brickell Condos and Real Estate
Brickell condos distress grows
By Marilyn Bowden
The Brickell Avenue condo (enter brickell avenue condo page) market continues to struggle, and experts say it's not likely to turn a corner before all the buildings under construction are completed. Brickell Avenue condo units account for 86 of the 223 distressed properties east of I-95 in Miami-Dade County listed in the Vultures Database maintained by CondoVultures.com. That's the largest number of any one market in the county. CondoVultures defines as "distressed" any property in the foreclosure process, permitted by the lender to be sold for a price that is short of the amount owed by the borrower or owner, or owned by a lender after failing to sell at a court-ordered foreclosure auction. After being on the market an average of 344 days, according to this database, the distressed Brickell condos have dropped a mean 34% in price. That's comparable to mean figures in other areas. Biscayne Boulevard's distressed properties show a mean drop of 35%, and Coral Way a 33% mean drop. "These numbers are mind-boggling," said Peter Zalewski, CondoVultures' founder. "I think one of the reasons Brickell is suffering from so many distressed property sales is that it's a place where speculators thought prices would only go up." Because Brickell is an established market as opposed to pioneering markets like Biscayne Boulevard, he said, speculators who wanted to hedge their bets thought their chances of renting out a Brickell unit would be much greater — but that has turned out not necessarily to be the case. CPA Monte Kane, managing director of Kane & Co., said the amounts of the mortgages foreclosed on that he has seen in the market are high. "When they exceed fair market value, it should be no surprise that this trend is going to continue," he said, "and with prices dropping, it will only get worse. "The biggest issue is what it means for the financial health of the associations that have to operate these buildings." In addition to people opting out of closing on units that have dropped in value, Mr. Kane said, banks are enforcing tougher rules on lending and private mortgage insurers are using tougher guidelines. "In some parts of the country they are blacklisting buildings that they will not offer mortgages on, though I haven't seen that in Miami yet. "I think we will see bankruptcies and receiverships. That will not be a pleasant thing. It takes years to go through that process. Developer, owners and lenders all have different desires, so receivers need to really follow the book." Mr. Zalewski projected that realistically, the Brickell condo market won't turn around until all units under construction are completed, which won't happen for six to nine months. "Then investor groups need to come on and buy large blocks of units," he said. "They will begin with rentals, with the idea that since they will be able to supply a superior product at a subsidized rate, so they will be able to steal away tenants from South Beach, Kendall and Aventura. "That will be their marketing strategy as they buy available bulk product, so we will see tremendous rental opportunities advertised." Mr. Zalewski estimated it will be three to five years "before Brickell begins to hum again, as opposed to four to seven years downtown and seven to 15 in the Biscayne corridor." Although new buildings don't appear to have very high occupancy as they open up, Mr. Kane said he doubts they will face the same high foreclosure rates as their predecessors. "What we are seeing now," he said, "are the effects of the early stages of the boom. It's those who bought at inflated prices who are foregoing their deposits."
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• May. 1, 2008 - Miami Condos - Brickell - Miami Beach
Miami Condo Market Competitive Spirit Hold On
Thursday, May 01 2008 @ 02:36 AM Central Daylight Time
It is important to consider that one of the popular demands in Miami is the condo market. So I assume that most of the investors and developers in the area are aware of the possibility that the market is indeed in higher contention although the common perception is that Miami is on a downward slide, let me state some facts that can be significant to the people who are investing in the market in such desire. I think that by pointing out how Miami condo market is fairing out will make people realize what it is going through and where does they stand in part of the market’s life in Miami.People from all over the world are attracted to the vibrant Miami area and its supreme climate for relocation. The Miami condo market is very diverse and offers a large number of different solutions for those interested in purchasing or renting a condo. The recent decrease of the dollar value on the international market has made Miami condos an even more interesting option for many Europeans looking for a home away from home, a place in which to retire or just a good investment. Miami condos are also popular among vacationers as well as investors. This is naturally true for Miami real estate as well.Location is the mantra of the real estate business and this is naturally true for Miami real estate as well. Just by choosing a condo a few blocks away from the beach you can save huge amounts of money. A Miami ocean view is astonishing, but certainly not for free when we’re talking real estate. The beach front condos are the most popular ones and consequently the most expensive ones to obtain. The Brickell region is commonly referred to as the Wall Street of the South and the condominium towers share the space with over 60 commercial banks. The Brickell community is inhabited by people who want to avoid long hours of commuting. This area is typically marketed as a stricter and upscale alternative to South Beach a neighborhood ideal for those who prefer a downtown environment instead of a sandy beach. The condos in Brickell are however still very reasonably priced compared to the condos located at Miami Beach. In Brickell it is possible to be close to work as well as to downtown entertainment, but still live in a relaxed area suitable for recreation. The fact that popular South Beach restaurants are beginning to setup finials in Brickell is only one of the signs that predicts how Brickell will turn into an even more sought for area in the future. A Miami Beach condo of the same type as the $200,000 Brickell condo would cost you at least $500,000. Downtown Miami has seen a lot of new development recently. Further expansion down Miami Beach is naturally another extremely lucrative business for Miami real estate developers since the Miami real estate market shows no signs of cooling down, particularly not when we’re talking ocean front properties.
By: Jron Magcale |
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• Apr. 30, 2008 - Miami Real Estate
Florida Real Estate Inventory: A 5-year Condo Glut
A great article in Builder highlights Jack McCabe’s research report which calculates that the Florida condo market has a whopping 5 years worth of inventory with cranes still hovering over new developments.
Talk about a real estate buyer's market in Florida - from now until whenever. Worried about missing the bottom? If you are in Florida you will only miss the bottom if you die - otherwise, don't worry about finding when the bottom of real estate market in Florida is.
From the article on the massive inventory of condo’s in the Florida market:
"According to the Florida Association of Realtors and market expert Jack McCabe of McCabe Research and Consulting (www.mccaberesearch.com), there is currently a five-year supply of condo and townhouse units on the market in Dade County, which represents an inventory of more than 24,000 units. Not surprisingly, prices have dropped accordingly. Median sales prices for existing condo units in Ft. Lauderdale, Miami, and West Palm Beach/Boca Raton fell 10 percent from 2006 to 2007 and now range between $171,000 and $263,500.
"Unfortunately for the housing market, McCabe believes the situation will only get worse in 2008 and 2009. More than 19,000 condos are scheduled for completion in Miami-Dade County this year, with 6,400 additional units expected in 2009. “There are over 15,000 more condos under construction in Miami-Dade right now than were built and absorbed in 1995-2004,” says McCabe, who estimates absorptions during that time at 1,000 units to 2,000 units per year."
Source: By Blown Mortgage
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• Apr. 30, 2008 - Brickell Condos
The Condo boom moves on to Latin America
BY MATTHEW HAGGMAN
What to do when you have a network of real-estate brokers selling new condominiums, but few new condos to sell?
Edgardo Defortuna, who has made millions selling South Florida condos, hopes one answer is found on the Pacific shores of Mexico.
Defortuna, who heads Fortune International, last year agreed to start selling condo units built by Miami's Related Group in Puerto Vallarta. It's part of a plan that he and Related CEO Jorge Perez hope will ultimately include more than a half dozen projects across Latin America and the Caribbean -- and provide a fruitful market until South Florida's formerly hot housing industry recovers from its cold snap.
At a time when starts for residential projects are slowing to a trickle from West Palm Beach to Homestead, those who sell new housing like DeFortuna's Brickell Avenue company are having to strike out for new markets.
They are following different trails. International Sales Group in Aventura started marketing a project in New Orleans last year, attempting to take advantage of a lack of housing after Katrina. Prodigy Network in Miami moved its headquarters to New York City to better focus on its projects there, while also pushing units in places like Mexico and Panama.
Latin America has emerged as a place of opportunity during the U.S. downturn. A recent report by consultancy Ernst & Young cited the region for its steady economic growth yet relative affordability when compared to the United States and Europe.
''The overall fundamentals are positive,'' said Rogerio Basso, an E&Y analyst covering real estate and hospitality in Latin America. ``Those investors who have the appetite to take moderate risks and identify joint venture partnerships with local players should be able to observe higher yields than in the U.S. today.''
For Defortuna and Perez, both of whom spent their childhoods in Latin America, the push into the region is being done with a distinctly Miami flavor.
THE MIAMI CONNECTION
Take the Vallarta project. Its name, Icon Vallarta, echoes the Icon South Beach condo and the Icon Brickell hotel and condo project under construction. Its architect is Bernardo Fort-Brescia of Miami's Arquitectonica. Not only are the developer and the brokerage company from Miami, but so are many of the salespeople in Mexico.
Already, Defortuna said, he has sent eight Miami real estate brokers south of the border. He expects that number could eventually be between 40 and 50, depending on the number of projects launched by Related Group.
''I expect the brokers will eventually be back here in Miami,'' said Defortuna, whose company at one point during the boom was selling units at 28 South Florida condo projects.
``But the reality is that some brokers got used to an income level that would be hard to maintain in this sort of market. There won't be much for them to do in the next couple years.''
Michelle Minagorri, who has a home in Coconut Grove, picked up and moved to Puerto Vallarta to start selling condos last fall. During the South Florida housing boom she sold units at Jade Ocean and Jade Beach in Sunny Isles Beach, and Mint and Ivy along the Miami River. But then things went quiet, and Mexico came calling.
''The market in Miami the past couple years has been unbelievable, an unsurpassed market,'' said Minagorri, who grew up in South Florida. ``But Miami's market is taking a breather and I thought this was a good opportunity.''
The transition has been smooth, she said. ''Someone from the Midwest moving to Mexico might feel a little more culture shock, but not coming from Miami,'' she said.
SELLING OUT
The market, too, has proved good so far. The first 133-unit tower at Icon Vallarta is sold out and nearly all of the units are sold in the second 133-unit tower, she said. Sales are underway for the 75-unit third tower.
Half the buyers are coming from Mexico. The biggest U.S. feeder state is California. Canadians, particularly from western cities like Vancouver, and Europeans are also drawn to lower prices for beachfront property than in the United States, she said. A large one-bedroom beachfront condo -- say, 1,300 square feet -- can be had from the high $200,000s to low $300,000s.
Mexico also hasn't experienced a giant dose of new construction like South Florida or Southern California. It's that pent-up demand coupled with competitive pricing that Defortuna and Perez hope to capitalize on. Defortuna said direct access by airplane to the Latin American and Caribbean destinations is a key factor as well.
In Mexico alone, projects are also planned in Zihuatanejo, Acapulco and Cabo Riviera. Other sites include Cartagena, Colombia; Buenos Aires; Punta del Este, Uruguay; the Bahamas; and Panama City, Panama.
To be sure, some places like Panama City have seen vast new development in recent years - and already been inundated with South Florida builders and brokers. Defortuna acknowledged a discomfort with that Central American city, questioning the depths of its market. But he said Related Group's Perez has secured a well-located site to build on there and thinks it can work.
Yet such questions are not stopping brokers thirsting for new product to sell as South Florida's latest housing boom winds down. Indeed, Defortuna also operates as a developer and is himself finishing several South Florida projects and two in Argentina where he grew up.
''I have someone coming into my office daily saying, don't forget me for the next project [in Latin America and Caribbean],'' he said. ``For the young and aggressive, it's a great opportunity. It's a good place to be for the moment.''
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• Apr. 28, 2008 - Mark Condo Brickell
THE MARK ON BRICKELL CONDO
About The Mark on Brickell Condo
Year Built: 2001
Architect: Arquitectonica
Number of Floors: 37
Number of units: 361
Sq. Ft. range: 730 - 2,230
Beds: 1-3
Baths: 1-2
Mark on Brickell Condo Amenities:
- Restaurant on Site
- Concierge
- 24-hr Security
- Covered Parking
- Pool
- Gym
- Jacuzzi
- Tennis Court
- Convenience Store
- Water pathway
The Mark on Brickell Condo
The Mark on Brickell is a 36-story building completed in 2001. It offers one, two, and three bedroom suites and penthouses. With it's convenient Miami financial district location and only minutes from downtown Miami, South Miami Beach and the Miami Int'l Airport, The Mark features: Beautifully Landscaped Deck overlooking Biscayne Bay with heated pool and Jacuzzi spa.
Mark on Brickell Condo is Located on 1155 Brickell Bay Dr. Miami, FL 33131. Condos in the Mark Brickell features more than 330 condominiums in a high rising building. Several condos in the Mark Brickell provide residents with stacked bedrooms, walk-in closets, storage rooms, screened patios, balconies and views of the Intracoastal Waterway and the Atlantic Ocean. The Mark condo maintenance includes, cable television, building exteriors and security. The average price of condos for sale in the Mark on Brickell ranges between $300,000 and $1,000,000 +. |
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• Apr. 28, 2008 - Lakes of the Meadow Real Estate
About Lakes of the Meadow Florida
Lakes of the Meadow is a subdivision in Miami consisting of single-family homes. Several houses in Lakes of the Meadow are Mediterranean-influenced units that provide residents with walk-in closets, carpet and ceramic floors, wooden cabinets, garages, paved driveways, Mexican tiles, fenced yards, volume ceilings, open balconies, screened patios and lake front views. Several homes are on lots that are less than a quarter of an acre. The average price of homes for sale in Lakes of the Meadow ranges between $300,000 and $700,000. The amenities in Lakes of the Meadow include a clubhouse and a swimming pool. The community is located near many schools, shopping areas, Kendale Lakes Golf & Country Club and the Florida Turnpike. |
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• Apr. 25, 2008 - Grovenor House Condo
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Grovenor House Condo Coconut Grove Miami
Condo address: 2627 South Bayshore Drive Coconut Grove 33133
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Developer: Ugo Colombo
Architect: Revuelta, Vega, Leon P.A.
Description: Waterfront High Rise
Type: Condos
Units: 166
Floors: 32
Number of Bedrooms: 2,3 & 4
Unit Sq. Ft. Range: 1,595 - 7,061
Price Range: $700,000's - $5 mill
Amenities: Temperate Controlled Infinity Pool, Business Center and, Conference Room, 24 hour Concierge, Valet Parking
Condominium Year Build: 2006
THE GROVENOR HOUSE CONDO COCONUT GROVE FLORIDA
• 166 residences
• Lush tropical gardens
• Private clubroom overlooking a splendid
• pool deck with cabanas
• Contemporary spa and fitness center
• Full-time concierge
• Touch-panel concierge services
• Private elevator lobbies
• Wine cellars
• Expansive living areas
• Marble bathrooms
• Wood and granite kitchens
• Cascading waterfalls, banyan & oak trees
• Heated infinity edge pool
• Lighted Tennis Court
• Fenced dog park with bench seating
• Children's recreation area
Grovenor House - Building Amenities
• Infinity edge pool with cabanas and Wet bar
• Tennis Court
• State of the Art Fitness Center
• Dog Park
• Meditation Garden
• Recreational Launge
• Club room with full-service Kitchen
• Children's outdoor playground
• Concierge
• Valet
Grovenor House Condos- Residence Amenities
• Cordless touch pad concierge services
• Top-of-the-line Kitchen appliances
• Imported Italian granite countertops in Kitchens
• Snaidero Kitchen cabinets
• Imported Italian marble Baths with Top-of-the-line accessories
Grovenor House Condo, developed by Ugo Colombo is a 32-story tower with estate-sized residences, including extraordinary two-story penthouses with private swimming pools and commanding unprecedented views of Biscayne Bay. Residents will experience a level of luxury and technology-including touch-panel concierge services-surpassing anything in South Florida, typified by private elevator lobbies, wine cellars, expansive living areas, marble bathrooms and wood and granite kitchens.
Grovenor House Condo - See Home
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• Apr. 25, 2008 - Courts Condo Brickell Key
Courts Brickell Key Home Page
About Courts at Brickell Key
Year Built: 2002
Number of Floors: 34
Number of units: 319
Sq. Ft. range: 863 - 2,701
Beds: 1-3
Baths: 1-3
Amenities:
- Concierge
- Valet and Covered Parking
- Pool
- Gym
- Spa
- Racquetball and Squash
- 24- Security
- Social Room
Courts at Brickell Key Description
Courts Brickell Key is an elegant oasis in the heart of the city, overlooking the beautiful waters of the bay, where residences resonate sheer spaciousness and gleam with luxurious finishes. Courts at Brickell Key, built in 2002 is a 34 story building with 319 total condos located on Brickell Key, one of Miami's most prestigious properties. Courts at Brickell Key Condo offers the best in luxury, views and location within the exclusive Brickell Key Island
For more information please click here:Brickell Key Condos |
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• Apr. 1, 2008 - 100 Andalusia Condo Coral Gables
• Mar. 28, 2008 - Bristol Tower Condo Brickell
The Bristol Tower Condo in Brickell Miami built in 1993.
Covered Parking, Valet,24 Hour Security, Tennis Courts, Waterfront, City & Bay Views, Pool, Exercise Room, Cafeteria, 41 floors, Units 147. Bristol Tower a stunning 40-story building superbly located on Brickell Avenue. Bristol Tower is one is Miami's most luxurious Condo.
Bristol tower Condo total Residences: 147
Neighborhood: Brickell Avenue Bristol tower Condo address: 2127 Brickell Ave, Miami. FL 33129
Design type: Condos Views: Bay front
Bristol tower Condo built: 1993
Bedrooms: 2-7
Residence Size: 1,210 - 7,620 sf.
Number of Stories: 40
Bristol Tower Condo Website
Entering the foyer at the Bristol Tower from a private elevator 24 stories above Miami, a solid brass door leads to spectacular vistas of the city and Biscayne Bay. Bristol Tower Travertine floors highlight a sweeping terrace with 270-degrees views from the stunning skyline of Miami and the sparkling Atlantic to the lush tropical landscaping of Coral Gables. Everything about these Condos spells elegance. Bristol Tower Condo at Brickell- Feel the warm breeze caressing your face at the Bristol Tower, or simply enjoy the breath taking view. These luxury properties of the Bristol Tower have a magnificent view
of Biscayne Bay. Bristol Tower amenities - Everything you could need in a private community. Gymnasium, Pool, Tennis Courts, Private Elevators, Best service in the area. |
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• Mar. 21, 2008 - Gables Club Condo
Gables Club Condo Coral Gables
GABLES CLUB CONDO I HOME PAGE
GABLES CLUB CONDO II HOME PAGE

Year Built: 2003
Architect: Robert M. Swedroe
Number of Floors: 17
Number of units: 99
Sq. Ft. range: 1,500-10,190
Beds: 2-6
Baths: 2-6
Gables Club Condo Amenities:
- Concierge, 24-hr Security, Valet, Covered Parking, Heated Pool, Gym, Social Room, Spa, Club House - Restaurant, Centrally located
Coral Gables Condos Home Page |
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• Mar. 21, 2008 - Four Seasons Miami
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FOUR SEASONS
CONDO BRICKELL
Address:
1425
Brickell
Avenue.
Miami, FL
33129
Year
Built:
2004
Architect:
Bermello,
Ajamil &
Partners
Number of
Floors:
70
Number of
units:
491
- Hotel:
221
rooms.Floors
8-40
-
Condo/Hotel:
84
units.Floors
8-40
-
Residences:
186
condos.Floors
40-70
Sq. Ft.
range:
611 - 6,499
Beds:
Studio,
1-
4
Baths: 1
- 4.5
Amenities:
-
Concierge,
Valet and
Covered
Parking,
Pool,
2-level Gym,
Spa,
Racquetball
and Squash,
24-
Security,
Social Room
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Brickell
Avenue Condo
Home
Page
Brickell
Avenue Condos
The Four
Seasons
Miami Condo
address:
1425-1435
Brickell
Avenue,
Miami. Fl
33129
Four Seasons
Miami
Residents
are always
invited to
consider
Four Seasons
Hotel, with
its rich
complement
of
amenities,
as an
extension of
their homes.
The most
dedicated
service
staff in the
world is at
your
disposal
around the
clock.
Concierge
staff,
limousine
service,
personal
shopping,
catering,
in-residence
gourmet
dining
service,
housekeeping,
dry-cleaning,
laundry, pet
care and all
the other
services of
the Four
Seasons
Hotel are
available to
residents at
all times.
Luxury.
Privacy.
Service. And
immediate
access to
all the
amenities of
a five-star
hotel.
Welcome to
Four Seasons
Residences
Miami.
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• Mar. 18, 2008 - Deering Bay Condos
• Mar. 17, 2008 - Gables on the Green Condo
About Gables on the Green
Year Built: 2002
Number of Floors: 17
Number of units: 53
Sq. Ft. range: 1,150 - 4,200
Beds: 2-4
Baths: 2-4
ENTER GABLES ON THE GREEN HOME PAGE

Gables on the Green Condo Amenities:
- Concierge
- Gated
- Covered Parking
- Assigned Parking
- Secured Building
- Pool
- Gym
- Social Room
- Centrally located
Gables on the Green Condo
The Gables on the Green condominium is located at 626 Coral Way in the "City Beautiful" - Coral Gables. Gables on the Green exquisite building overlooking the Granada Golf course & downtown Coral Gables. These twin Mediterranean Revival 16-story towers are set in the heart of Coral Gables, just steps away from the finest restaurants and boutiques South Florida has to offer.
Gables on the Green stakes a claim to fashionable urban living while offering access to golf, tennis, and swimming. Each of the 53 units is specially tailored for casual yet classy lifestyles and features wooden or marble floors, cathedral ceilings, and walk-in closets.
ALL CORAL GABLES CONDOS |
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• Mar. 17, 2008 - Coconut Grove Condos
The earliest settlers of Coconut Grove were the Pent and Frow families. In the 1830's both families were lighthouse keepers at Cape Florida and homesteaders in what is now Coconut Grove.
Another settler of that era was Edmund D. Beasley who homesteaded 160 acres bay front property. In 1873, after Beasley's death, his widow rented their home to Dr. Horace P. Porter. He lived there for only a year but during that time established a post office that he named "Cocoanut Grove." When Porter left the area, the post office was closed, but years later it was reopened using the same name.
See All Coconut Grove Condos
Historic photo of the Peacock Inn
He persuaded his brother Charles, then owner of a wholesale meat business in London, to join him. Charles Peacock, his wife Isabella and their three sons eventually settled in Coconut Grove and in 1882 opened the Bay View House, later called the Peacock Inn, the first hotel in the area. The Peacock Inn attracted all kinds of visitors including scientists, authors, and nobility, many of whom remained to make Coconut Grove their permanent home. Among the settlers were yacht designer and wrecker Ralph Munroe whose home, The Barnacle, is now a state historic site; homesteader Flora McFarlane, Coconut Grove's first schoolteacher and founder of the Housekeeper's Club (now The Woman's Club of Coconut Grove); and author Kirk Munroe.
The fledgling community grew and prospered, and by the early years of the 20th century, a school, library, Sunday school, chapel, and yacht club were built. Attracted by the climate, wealthy Northerners, such as James and William Deering and William Jennings Bryan made Coconut Grove their winter home. In 1925, the City of Miami annexed Coconut Grove, but it continued to retain its own identity.
As the population of South Florida mushroomed, Coconut Grove Real Estate continues to grow.
Grove Art
Coconut Grove, with its verdant landscape, serene bay front setting, and casual ambiance has always attracted artists. In the 1950's, artists from all over the US and as far away as Europe, settled in Coconut Grove and established studios. The Grove soon became known as an artists colony, and it was not unusual to see artists setting up their easels on the sidewalks and painting the local scene. By the 1960's there were many thriving art galleries as well as Grove House, an artists' co-op. In 1963, the Coconut Grove Arts Festival, now recognized as one of the leading arts festivals in the country, was established. Rising real estate prices in the 1980's and 1990's caused most of the galleries to close, but the artists have remained. In 1998, local artists formed The One Ear Society, a group that holds juried exhibits in donated spaces.
While much of the "old Grove" has disappeared, it is still possible to get a glimpse of what life was like in the past by visiting Villa Vizcaya, The Barnacle, and The Kampong, three vastly different Coconut Grove homes. |
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• Mar. 17, 2008 - Santa Maria Condo Brickell
THE SANTA MARIA CONDO at Brickell Avenue
The Santa Maria condo website

Year Built: 1997
Architect: Ugo Colombo
Number of Floors: 51
Number of units: 174
Sq. Ft. range: 2,100 - 10,000 see floor plans
Beds: 2-7
Baths: 2-7
Santa Maria rises 51 stories above the Miami skyline on the last remaining parcel of prime waterfront property ideally situated between Brickell Avenue and Biscayne Bay. The inherent value of the site is enhanced by the creative interplay of dramatic architectural lines, stunning vistas of the Bay, abundant social and recreational amenities, and lushly landscaped grounds that include a hardwood hammock and gumbo limbo trees.
There is a lighted tennis court, an elegant Club House, picturesque Gazebo and Cabana area, as well as a secluded courtyard with tree-shaded path, cascading waterfalls, tropical gardens and vibrant green spaces that flow throughout the property like a collage of intimate and colorful parks. The stately Entry Plaza and porte-cochere offer a magnificent view through the expansive three-story lobby, across a broad terrace and over sized pool, out to coconut palm clusters bordering the marina and Bay beyond. Indoors and outdoors, everything is visually attractive and easily accessible.
Santa Maria Brickell Amenities:
Guard on Gate - Concierge - 24-hr Security - Covered Parking - Pool - Gym - Jacuzzi
Tennis Court - -Health Spa - Private Marina
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• Mar. 17, 2008 - Villa Regina Condo Brickell
Villa Regina Condo Brickell
Villa Regina Amenities: Valet Parking, Concierge & 24 hour security.
Luxury fitness center stocked with Universal equipment, with his and hers Jacuzzis, whirlpools, steam and dry heat spas, showers, bathrooms and fully furnished dressing and locker rooms. Fully equipped marina with 9,000 sq ft of sunning deck and heated swimming pool. Exquisitely appointed common rooms in the upper plaza.
Villa Regina Website Villa Regina condo listings for sale Villa Regina Condo Listings for Rent
Villa Regina overlooking Biscayne Bay this wonderful and unique building offers its residents breathtaking views and luxurious amenities. VR was built in 1982 and in 1983 the famed artist Yaacov Agam did the façade of the building. Agam a contemporary artist is one of the pioneer creators of the kinetic movement in art.
He designed VR's façade in huge polymorphic paintings whose image looks different, according to the angle in which it is viewed. Pedestrians or drivers passing in front of the building, viewers from the air in a helicopter, or viewers from the sea on a boat can enjoy the transforming images on the walls of the building, fulfilling Agam's aim to vivify the entire environment. Making Villa Regina a true artistic masterpiece and transforming it to a huge outdoor kinetic sculpture.
Villa Regina Amenities:
Villa Regina Condo at Brickell Spacious Lobby:
The exclusive entrance lobby and upper sitting lobby facilities provide the perfect privacy and security that VR residents demand of an apartment building. Complete with concierge and bellboy on duty at all times, both guests and residents will find a friendly face and a helping hand whenever they need it.
Villa Regina Valet parking:
In addition to the generous allocation of parking spaces to each resident, a 24-hour valet parking service is available for VR guests.
updated and Computerized Security System:
An integral part of the VR life-style is the recognition for personal and property security. VR's paramount concern is the immediate response to the privacy and security needs of VR's residents. The recently updated security system has (60) electronic digital "motion activated" surveillance cameras with the capacity of a three (3) week storage system for protection and backup of incident reporting.
All are integrated with a system of 24-hour exterior/interior VR guard patrol. This blending is compatible with the VR's concept of a tasteful and secured living environment. Additional security for the residents is performed by visitor identification and authorization system, computerized log and identification of service and construction personnel. In addition a completely computerized database of all residents, automobiles and guests has been established as an added measure of security.
The newly updated elevators have control access to the residential floors. All security services will be directed and monitored from an on site security center.
Villa Regina Condo Upper Plaza Level/Common Areas:
Villa Regina is proud to have one of the largest common areas for the exclusive use of its residents. VR features a wide selection of entertainment and meeting rooms for the residents.
VR has approximately 40,000 square feet of air conditioned common areas, 60,000 square feet of pool and marina area with a capacity of forty-three (43) boat slips, approximately 200,000 square feet of garage facility, in addition to the beautiful entrance and gardens making VR unique in the Brickell Area.
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• Mar. 17, 2008 - 55 Merrick Condo Coral Gables
About the 55 Merrick condo Coral Gables:
55 Meerick website 55 Merrick floor plans
55 Merrick condo developer: Dayco Description: Residential, Retail, Office
Type: Mix-Use Building
Floors: 8 Units: 167 residences
Number of Bedrooms: 1, 2 & 3 Unit Sq. Ft. Range: 848- 1,854
Price Range: $ 300,000's - $ 800,000's
estimated maintenance Fee: $ .46/Sq.Ft.
Amenities: Temperate Controlled Pool, Fitness Center, Valet, Concierge,
2-story Clubhouse, security.
Deposit Structure: 20% down with contract, Balance at closing
55 Merrick condo estimated completion: 1st Qtr. 2007
Fully equipped fitness center
2-story clubhouse
Array of retail on property
55 Merrick Coral Gables Condo Features
Impact resistant sliding glass doors
Spacious walk-in closets
Individually controlled air conditioning and heating
Smoke detectors and sprinklers
20x20 porcelain tile throughout condo
Berber carpet in bedrooms
Breakfast bar in select unit styles
Stainless steel appliances
From Coral Gables' central location, the best of Miami is but a short drive away. Nearby is the cosmopolitan village of Coconut Grove, with its distinguished art galleries, eclectic boutiques, and year-round festivals. The world-renowned night life of South Beach, with its cutting edge clubs and trendy lounges is just a quick 15-minute drive. Miami International Airport is just 4 miles away, and the dynamic financial and business center of down town Miami is only 6 miles from your door, making for a pleasurable commute. |
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• Mar. 14, 2008 - Brickell Key Miami Real Estate
Brickell Key condominiums for Sale or Rent
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When you purchase or lease a Brickell Key Condo you are essentially ensuring that every vacation you spend in Miami will be fun filled, enjoyable and memorable. Moreover, if you decide to permanently reside in a Brickell Key Condo, you will be moving to an area that gives you access to everything you need to live a rewarding and fulfilling lifestyle. If you are looking to live in the very lap of luxury then you will want to check out the Brickell Key Condos for sale. Brickell Key Condos are situated right along the waterfront and nowadays, a condo on the waterfront of Miami Beach is the place to be if you are looking for the very best of everything. Conveniently situated smack dab in the middle of Miami’s greatest activity, Brickell Key Condos give their owners immediate access to a variety of resources. Brickell Key Condos are not very far from the Miami International Airport and vacationers can be in their condos in less than fifteen minutes from the time they arrive in Miami. Likewise, after unpacking, in fewer than 20 minutes vacationers can be on the Miami Beach having fun in the sun if they own one of the many Brickell Key Condos for sale.
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Brickell key One
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520 Brickell Key Dr Miami, FL 33131 |
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Brickell Key Two
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540 Brickell Key Dr Miami, FL 33131 |
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Carbonell condo
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901 Brickell Key Blvd Miami, FL 33131 |
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The Courts condo
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801 Brickell Key Blvd Miami, FL 33131 |
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Courvoisier Courts
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701 Brickell Key Blvd Miami, FL 33131 |
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The Isola condo
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770 Claughton Island Dr
Miami, FL 33131 |
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St Louis condo
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800 Claughton Island Dr Miami, FL 33131 |
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Tequesta Point One
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888 Brickell Key Dr Miami, FL 33131 |
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Tequesta Point Two
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848 Brickell Key Dr Miami, FL 33131 |
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Tequesta Point Three
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808 Brickell Key Dr Miami, FL 33131 |
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Asia Condo
Under Construction
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