• Archives
June 2008
• Jun. 27, 2008 - Segovia Tower Condo Coral Gables
ENTER HOME PAGE: Segovia Tower Coral gables
The Segovia Tower Coral Gables rises majestically above the city's premier location. Segovia Tower overlooks the historic Granada Country Club and Golf Course in the very heart of this unique city where crimson Poinciana's, cascading fountains and winding waterways complement broad boulevards and Banyan-shaded courtyards. Coral Gables' exclusive residential district is discreetly set apart from the pressures and pace of modern life by a series of dramatic arches that serve as grand entrances to the city, within moments of its eclectic collection of gourmet restaurants, international shops, art galleries, tennis clubs and vibrant green golf courses. And within Coral Gables, no address offers easier access to its many cosmopolitan attractions than Segovia Tower.
The Segovia Tower in Coral Gables condominium is located at 600 Coral Way in the "City Beautiful" - Coral Gables next to the Gables on the Green The Segovia Tower Condo is an exquisite building overlooking the Granada Golf course & downtown Coral Gables.
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• Jun. 26, 2008 - Brickell East Condo
• Jun. 26, 2008 - Brickell Avenue Miami Condos
About Brickell Avenue Condos
Just north of Brickell Point where the Miami River flows into Biscayne Bay, you can see the statue of a proud Tequesta Indian. It stands as a homage to the indigenous people who first settled this area. And in the 1870's, along the same shores of this river, pioneers William and Mary Brickell commenced development by operating their trading outpost. It was Mary who first envisioned the Brickell we know today.
Brickell Avenue Condo Directory
In recent years, Brickell come to the forefront of international business and luxury living. Desire for waterfront property and Brickell's emergence as Miami's cosmopolitan center have encouraged considerable development and even grander plans for the future. Certainly the significance of being the second largest booming international financial center in the United States will further stimulate Miami's entire downtown area and lure new residents and business alike.
And just as diversity has always been the Key to Miami's growth and success, so too is it the Key to Brickell's. Be it the wealth of cultural influences, the many international business interests represented, or even the simple contrast of the many modern office structures with quiet shady streets, Brickell's a dynamic area that the world is recognizing as a leader for the next century. |
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• Jun. 26, 2008 - Commodore Bay Condo Brickell
The Commodore Bay condo is relatively recent build property in Miami.
ENTER HOME PAGE: COMMODORE BAY CONDO
The Commodore Bay condominium community amenities include a picnic area and the ever useful extra storage area. Resident also benefit from covered parking areas, a swimming pool, 24 hour security and an exercise room. With its water views, as well as easy ocean access, the Commodore Bay condo is a real Florida pearl.
Commodore Bay Condo in Miami represents opportunity for the buyer or simply a nice place to rent and live,
Bay or ocean views are on offer, as are covered parking spaces. Commodore Bay is locates next Brickell Avenue. The Brickell Avenue is the name given to the stretch of U.S. Route 1 in Miami, Florida just south of the Miami River. It is the main road through the Brickell district of Downtown Miami, and is considered to be one of the most prestigious avenue names in the united state, as it is associated with big business, wealth and finances.
The Brickell Avenue start from the Miami River south it continues south-southwest and upon crossing the four seasons condo hotel it curves southwest and continues in that direction until it terminates at Southeast 26th Road/Rickenbacker Causeway (to key Biscayne), becoming South Federal Highway for a short distance (about 1/4 mile) until it becomes South Dixie Highway
Brickell Condos Search |
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• Jun. 26, 2008 - Brickell Biscayne Condo
Brickell Biscayne Condo
The Brickell Biscayne condominium - 24-hour security, assigned gated parking, newly renovated common areas (lobby, elevator landing, corridors, gym, pool and grill area), well maintained building on the waterfront in the Roads area of Brickell Avenue, Minutes from Downtown, Key Biscayne, Coconut Grove and South Beach. A sought after location in an affordable building with
a rare community ambiance.
Year Built: 1969
Number of Floors: 15
Number of units: 166
Sq. Ft. range: 720 - 1,435
Beds: 1-2 Baths: 1-2
Enter condo website: Brickell Biscayne Condo website
Miami Condos Search |
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• Jun. 24, 2008 - Nordica Condo
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About Nordica Condo
Year Built: 2007
Developer: Astor Development
Number of Floors: 17
Number of units: 128
Sq. Ft. range: 693 - 1,238
Beds: 1-3
Baths: 1-3
Nordica Condo Miami Amenities: Concierge, 24-hr Security, Covered Parking, Pool, Gym, Jacuzzi, Tennis Court, Executive Center
Nordica Lifestyle
Enjoy Nordica's modern sophisticated lifestyle, where you'll experience the verge of Brickell urban city living. Each Nordica residence displays Italian designer kitchens soaring 10 foot ceilings topped by impressive 12 foot ceilings in the penthouse and all private oversized balconies. Complete with a full highly equipped high tech fitness center, a soothing pool area and an elegant Club Room. Nordica's recreation center is encompassed by panoramic city and ocean views. Every amenity is designed to complement your success. From the discreet full service concierge to the efficient valet parking. You'll experience a subtle pampering worthy of its surroundings.
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• Jun. 23, 2008 - Skyline Brickell Condo - Floor Plans
Skyline on Brickell Home Page
Skyline Brickell is a high-rise condominium tower located in the southern residential district of Brickell; itself a subsector of downtown Miami, part of Miami-Dade County, Florida. The structure is located on the west side of Brickell Avenue directly on Biscayne Bay. Notably, it is directly next door to the architecturally flamboyant Atlantis Condominium (north), and Bristol Tower condominium (South). The tower broke ground in April 2002 and was completed in late 2004.
The Skyline on Brickell building is 377 ft. 11 in. (1~125 m) tall with 35 floors. Floors 3-35 are used for residential units. The building has a total number of 359 Units. |
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• Jun. 19, 2008 - South Florida Real Estate
What Happened to South Florida Real Estate?
By Nova Rose, published Jun 16, 2008
It is a well-known fact that real estate has taken a serious plunge in this country. Here in South Florida, this is what happened. Back in 2005, construction developers were on their A-game as they built house after house purchasing land wherever it could be found and churning out nice homes for middle-class America. In this life of abundance, many people saw a great opportunity. They began to buy homes to "flip." Essentially, they would purchase homes at the going "cheap" rate and sell them back in no time for a high profit.
This went well for a while until the developers saw an even greater opportunity. They would purchase a home in their own developments thus setting their own prices. Still, that was not so bad as people kept trying to flip house and land. Real estate agents were purchasing a lot of properties for themselves then selling them back to their clients. Things were good and the market flourished, so the mortgage lenders saw their opportunity to sell mortgages with some crazy terms. In this frenzy, people were not really paying attention to adjustable rate mortgages and other outlandish mortgage terms because they had no intention of keeping these homes.
It was a time of plenty and those who never thought they could own a home, were owning two or more. It was the days of 0% financing and low rentals. Rental communities were being converted to condos and being sold for extremely low prices. But all good things must come to an end. The housing slump did not happen overnight, the warning signs were there. First, property taxes started hitting the roof and buyers were getting more skeptical. It was also becoming obvious that houses and lots were staying on the market for longer periods. Homes were being listed on the local Multiple Listing Service (MLS) and sitting there for months without movement. Prices started to decrease as desperation began setting in. Sellers were getting nervous and buyers could not get loans. Panic set in.
Now, we had another problem, empty houses. The rental communities turned condos were now in jeopardy as the buyers were trying to get them rented but then so were the homeowners and at the same prices. There were failed projects on many development properties as you could see the grass growing up on the once carefully laid out lots with the dream of homes that were never to be realized. So, desperation led to people doing whatever was necessary to save their finances. They were willing to rent to just about anyone.
Today, we are still living in that state of desperation, but it has taken a different twist, resignation. Homes are being foreclosed everyday and homeowners are giving up the fight. It is a terrible and sad situation. One that we hope will never be repeated. Some say it stemmed from greed, others think it was opportunity gone wrong. Whatever is the case, one thing is for certain, we hope it will never happen again!
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• Jun. 18, 2008 - Skyline on Brickell Condo
ENTER SKYLINE BRICKELL CONDO HOME PAGE
About Skyline on Brickell Condo
Year Built: 2004
Developer: Skyline Equities Realty Florida, LLC
Architect: Bermello Ajamil and Prtns
Number of Floors: 35
Number of units: 360
Sq. Ft. range: 791 - 1,792
Beds: 1-3
Baths: 1-3
Skyline Brickell Condo Amenities:
- Guard on Gate
- Concierge
- 24-hr Security
- Covered Parking
- Pool
- Gym
- Jacuzzi
- Tennis Court
- BBQ area |
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• Jun. 4, 2008 - Miami Condos - Mortgage Outlook
Mortgage applications slip as rates rise
According to the Mortgage Bankers Association's weekly application survey, volume fell 15.3% during the week ended May 30.
June 4, 2008: 9:46 AM EDTWASHINGTON (AP) -- Mortgage application volume fell 15.3 percent during the week ended May 30, according to the trade group Mortgage Bankers Association's weekly application survey.
The MBA's application index fell to 502.3 during the week, from 593.3 the previous week. The results were adjusted to account for the Memorial Day holiday.
Refinance volume declined 25.7 percent, pushing total volume lower. Refinance applications accounted for 40.6% of total applications, down from 46.1% a week earlier.
Purchase volume declined 5.4%.
The index peaked at 1,856.7 during the week ended May 30, 2003, at the height of the housing boom. An index value of 100 is equal to the application volume on March 16, 1990, the first week the MBA tracked application volume. A reading of 502.3 means mortgage application activity is 5.023 times higher than it was when the MBA began tracking the data.
The survey provides a snapshot of mortgage lending activity among mortgage bankers, commercial banks and thrifts. It covers about 50% of all residential retail mortgage originations each week.
Application volume declined as interest rates climbed. The average interest rate for traditional, 30-year fixed-rate mortgages increased to 6.17% from 5.96% a week earlier.
Rates for 15-year fixed-rate mortgages - a popular option for refinancing a home - averaged 5.7% during the week ending May 30, compared with 5.49% the previous week.
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• Jun. 3, 2008 - 55 Merrick Condo
Enter 55 Merrick Condo Home Page
 Location: Coral Gables55 MERRICK CONDO CORAL GABLES
Address: 55 Merrick Way
City, St: Miami, FL
Zip: 33134
Price: $ 450,000
Type: Condo
Bed/Bath: 2/2
Sq.Ft.: 1,107 Information Pricing Asking Price: $450,000 Flexibility: Negotiable Additional Pricing Information: BEST PRICED 2 BEDROOM IN THE BUILDING. GORGEOUS NEW LUXURY CONDO IN THE HEART OF CORAL GABLES. ONLY FEW STEPS OFF MIRACLE MILE AND PONCE DE LEON. MINUTES FROM MERRICK PARK AND WALK TO EVERYTHING. CLOSE TO AIRPORT. BEAUTIFUL VIEW TO CITY FROM OVERSIZED BALCONY. WOOD CABINETS IN KITCHEN AND BATHROOMS, GRANITE COUNTER TOPS, MARBLE COUNTER TOPS IN BATHROOMS, ALL STAINLESS STEEL KITCHEN APPLIANCES.IMPACT WINDOWS. 1 PARKING SPACE (ASSIGNED#4085). EXCELLENT LOCATION!! EASY TO SHOW!! Homeowner Dues: 416 Property Location 55 Merrick WayCoral Gables, Fl 33134View Map Features Bedrooms: 2 Bathrooms: 2 Parking: 1-assigned Year Built: 2007 Subdivision: 55 Merrick Located on Floor #: 6 Floors in Bldg: 8 Square Footage: 1107 Agent Name: Philippe D Broker: Avant Realty International MLS #: M1227864 Attributes Appliances Range/Oven Full Refrigerator Washer/Dryer Dishwasher Sink Disposal Microwave Building Amenities Swimming Pool Hot Tub Exercise Room Recreation Center |
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