Miami Beach Real Estate Blog

New Home for The New Year, Presenting 3114 North Bay Road

Wednesday, January 18, 2012

Imagine that perfect modern new home, everything complete in the latest design, wide bay views of the Miami sunset, guest rooms, staff rooms, all marble floors, and every detail customized. Now open your eyes and take a look at 3114 North Bay Road. This nearly 9,000 square foot home will be complete in 2012 and is taking applications for prospective owners. With 7 bedrooms and 8.5 baths, this home will leave nothing to the imagination. Complete with exercise facilities, Jacuzzi, large lap pool , two car garage, and dock, this home is truly spectacular.

Not only is the home brand new, it is in THE best neighborhood in Miami Beach. Conveniently located to 195 and south beach, you will also rub elbows with your neighbors Dwayne Wade, Matt Damon, and Perry Ellis. Close by there are both public and private golf clubs, Miami Beach Golf Club and La Gorce Country Club, respectively, and North Bay Road is a wonderful neighborhood for families. For more information, please contact Best Miami Beach Real Estate!

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Miami Beach Residential Development Opportunity

Tuesday, January 17, 2012

It is not often that there are development opportunities in Miami Beach, especially in Biscayne Pointe. Biscayne Point is comprised of three islands west of Miami Beach. Divided into two distinct areas, Biscayne Beach and Stillwater Drive, they have more reasonable price points that Star or Palm Island, yet share the remarkable views of Biscayne Bay and Downtown Miami.

1339 N. Bicayne Point Rd in Miami Beach is a one of a kind development opportunity. Situated on a large lot with expansive bay views this 6,000 square foot home is nearly complete. This home is for sale “as is” for$ 3.5 million, however structurally and fort the price per square foot when complete, it should have a resale value of much more. It already has all appliances, garage, air and heat, swimming pool, spa, family rooms, and much much more. This is a perfect home for an investor looking to take advantage of the temporary lift on anti-flipping rules. For more information please contact us at Best Miami Beach Homes and Condos. Happy House Hunting!

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Will the Market Stabilize?

Thursday, January 12, 2012

California real estate research company, Clear Capital released a forecast predicting market stabilization in South Florida. Florida as a whole will see its markets continue to stabilize in 2012 due in large part to lower priced homes and a high percentage of cash transactions. Further, as we reported earlier in the week, investor activity in Florida is also very high.

What does this mean for our sellers and buyers? For sellers, their homes will be worth more depending on the inventory in the area and home prices in the area and building, but also all of the homes will likely experience a gradual increase in price. For buyers, this is a wonderful time to buy and cash buyers will have a marked advantage over non-cash buyers in the state of Florida in particular. Commercial investors will also likely experience gains in their property values as foreign investment in South Florida is high. The outlook for residential and commercial real estate is by most accounts is looking good!

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Investment News! FHA Extending a Temporary Waiver to Anti-Flipping Rule

Wednesday, January 11, 2012

The Federal Housing Administration has extended a waiver on its “anti-Flipping” rule allowing home buyers to resell homes within a 90 day period. This has the greatest impact on those buyers who are investors seeking financing to flip homes. In 2003 this anti-flipping rule was implemented to protect borrowers from potential losses on homes that were flipped, however the Obama administration removed the waiting period on resales in order to stabilize home prices in communities hurt by foreclosures.

This is wonderful news for those looking to invest in homes and resell them within the 90 day period, which is the time the Department of Urban Housing and Urban Development estimate it takes to flip a home. There are many opportunities for home flipping in the Miami Beach area, for more information please consult our property search. Happy Flipping!

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The Quintessential North Bay Road Mansion, 5396 N. Bay Road

Monday, January 09, 2012

Among Miami’s thriving communities, the North Bay Road community holds some of the most stunning homes and amazing vistas in South Florida. It’s celebrity residents include Perry Ellis and Chris Bosh, and it is easy to see why this neighborhood is so desirable. Conveniently located to 195 and five minutes from South Beach, N.Bay Road also has a small neighborhood feel where celebrities walk their dogs and jog in the mornings.

5396 N. Bay Road is an exceptional property in every sense of the word. It has five bedrooms, large pool, sweeping bay views, full boat dock, top of the line appliances and amenities and is set on a ½ acre lot. With 79’ of unobstructed waterfront, it is ideal for a yacht or sailboat. This property is in the classic Mediterranean Style, so prevalent in Miami, however it was completely renovated down to the last detail. You can buy this property for $7.95 Million or rent for $30,000 per month.

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The Welcoming 6330 Allison Island Property

Friday, December 23, 2011

Quietly tucked between Miami Beach and the neighboring island of La Gorce, the Miami Beach homes of Allison Island are often overlooked in favor of one of its famous siblings like Star Island or the upscale Indian Creek. Besides being the home of the aesthetically dazzling AQUA community, Allison Island is a wonderful place to live if you wish to remain near the city while enjoying the many perks of a waterfront living experience.

If Allison Island sounds appealing, take a look at 6330 Allison Road, one of the Mediterranean style Miami Beach homes found near the epicenter of the island. You'll find five bedrooms and four bedrooms in this stylish residence. Living area is over 3,500 square feet and you'll also discover a beautiful private courtyard, a heated pool that's oversized, two car garage, boat dock, ultra spacious living area and much more. The waterfront vistas enjoyed from the privacy of your own home are simply delightful.

To learn more about 6330 Allison Island or other great Miami Beach homes, please click here.

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