Star Island Real Estate Update
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Star Island real estate in Miami Beach has suddenly become readily available to the rich and famous. Star Island, long considered the most exclusive community in all of Miami, is composed of 34 …

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Dwyane Wade Buys Miami Beach House For $10,650,000
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Dwyane Wade just bought a Miami Beach house on North Bay Road. The 28 year old Miami Heat, NBA all-star looked at more than 50 properties, before finally settling on the house he now calls home.

Dwyane Wade’s house, located on upper North Bay Road in Miami Beach, is just a few blocks away from the house that Chris Bosh purchased just a couple of months ago, and less than one block away from the home owned by actor Matt Damon.

The 8 bedrooms house sits on a lot just over an acre, boasts 150 linear feet of bay frontage, and has more than 13,000 square feet of living area.

Dwyane Wade paid $10.65 million for the property, and ensured that North Bay Road in Miami Beach now has one more celebrity living on the block.

Bank Of America Tower Renamed Miami Towers
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Bank Of America Tower Renamed Miami Towers

The 47 floors skyscraper is mainly used for commercial office space, with major tenants such as Bank of America, UBS, American Arbitration Association, and Foley & Lardner LLP, among others. The building is also comprised …

Miami Beach Loews Hotel Plans $35 Million Renovation
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Miami Beach Loews Hotel Plans $35 Million Renovation

The Loews Hotel in Miami Beach, located at 1601 Collins Avenue, is one of 18 hotels in the USA and Canada, operated by the New York based company, and is arguably one of the finest …

Indian Creek Island Home To Victoria’s Secret Model Adriana Lima
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Indian Creek Island Home To Victoria’s Secret Model Adriana Lima

Indian Creek, an exclusive island just north of Miami Beach, has recently become home to Brazilian Victoria’s Secret model Adriana Lima, 28, and her husband, professional basketball player Marko Jaric, 31, who just agreed to …

Venetian Islands Luxury Home Finally Priced To Sell
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Venetian Islands Luxury Home Finally Priced To Sell

The Venetian Islands, located in Miami Beach, stretch to Miami across a span of 7 bridges called the Venetian Causeway, the oldest of metropolitan Miami’s causeways, as well as one of the most charming areas …

Miami Beach Gansevoort Hotel Up For Auction
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Miami Beach Gansevoort Hotel Up For Auction

 

Miami Beach has certainly seen it’s share of economic turmoil during the past few years, and on January 28, one of it’s stellar hotels, The Gansevoort South, located at 2377 Collins Ave, now in the …

Beachfront Realty Home Sales Show Improving Real Estate Market
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Beachfront Realty Home Sales Show Improving Real Estate Market

 

Home sales are improving in Miami, and the numbers tell the story. Beachfront Realty, one of the largest privately owned real estate firms in the State of Florida, with 3 offices, and more than 1,500 …

Home Sales At Highest Level In 2.5 Years
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Home Sales At Highest Level In 2.5 Years

Home sales increased remarkably in October, reaching the highest level in 2.5 years, albeit an inordinate number of those sales were to first time home buyers rushing to take advantage of the federal government’s soon …

Dwyane Wade House For Sale
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Dwyane Wade House For Sale

 

This morning, Todd Wright, a writer for NBC Miami called me, to say that he was finishing an article about Dwayne Wade’s House in Miami. Here is a reprint of some of what he wrote….Wade …

Miami Beach Home Sold For $8,000,000
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Miami Beach Home Sold For $8,000,000

 
Miami Beach luxury homes are slow to sell these days, but yesterday a waterfront estate located at 4949 Pinetree Drive sold for $8,000,000. The 11,600 square feet house, with 8 bedrooms, and 10.5 bathrooms, is …

Star Island – Miami’s Most Prized Real Estate
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Star Island – Miami’s Most Prized Real Estate

Star Island home of Phillip Frost (outlined)

Star Island in Miami Beach is home to the stars, and is one of the most exclusive communities in Florida. The island consists of only 32 properties, and is …

Miami Real Estate Undergoes Changes
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Miami Real Estate Undergoes Changes

Miami Beach Real Estate – Sunset Islands House

Miami real estate is undergoing some changes that are truly mind boggling. Some homes are selling for remarkably high prices, given today’s economic climate, while others are selling …

Miami Beach Fontainbleau Deep In Debt
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Miami Beach Fontainbleau Deep In Debt

Miami Beach Fontainbleau Resort Hotel

Miami Beach Fontainbleau Hotel may face a judgement of default on unpaid contractor bills, according to a report by the Wall Street Journal yesterday. Lenders had previously agreed with the Fontainbleau …

Miami Real Estate Market Sees Spark Of Light
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Miami Real Estate Market Sees Spark Of Light

Miami real estate has undergone its share of turmoil in the past few years, and many homeowners have suffered as a result. However, there are signs that a bottoming out is taking place right now, …

Sunset Islands Miami Beach House Sold For $6,000,000
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Sunset Islands Miami Beach House Sold For $6,000,000

A Sunset Islands Miami Beach house located at 1727 W 27th St. on Sunset Island 2, sold and closed this past Friday for a remarkable price of $6,000,000. If you use square footage as a …

Foreigners Seek Miami Real Estate And U.S. Residency
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Foreigners Seek Miami Real Estate And U.S. Residency

Miami real estate is beginning to get a lot of attention from foreign nationals seeking permanent residency in the United States, according to a report yesterday by Monica Hatcher, a writer for the Miami Herald. …

Real Estate Market Bottom Imminent Except In Miami
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Real Estate Market Bottom Imminent Except In Miami

According to a report by CNBC today, Sam Zell, chairman and founder of Equity Group Investments, who has made billions of dollars in the commercial real estate market, said that the bottom of the real …

Miami Beach Castle Burns To The Ground Miami Beach Castle Burns To The Ground

Once there was a man who built a castle on North Bay Road in Miami Beach. His name is Michael Burke Sr, the owner and founder of Windjammer Barefoot Cruises, a now defunct company he …

Shaq’s Star Island Sale May Set Price Floor
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Shaq’s Star Island Sale May Set Price Floor

The following is a reprint of an article published today quoting Alex Shay’s view of Star Island real estate.

By Sally Apgar July 10, 2009

The recent revelation that basketball star Shaquille O’Neal finally sold his …

Time Magazine Real Estate Article Quotes Alex Shay Perspective On Higher Taxes
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Time Magazine Real Estate Article Quotes Alex Shay Perspective On Higher Taxes

The following is a reprint of a Time Magazine real estate article, quoting this writer: Monday, Jun. 29, 2009
Florida’s Property Taxes Go Wacky in Housing Slump
By Tim Padgett
In Palm Beach County, buyers who find fire-sale …

Shaquille O’Neal’s House On Star Island Sold To Naomi Campbell’s Billionaire Boyfriend
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Shaquille O’Neal’s House On Star Island Sold To Naomi Campbell’s Billionaire Boyfriend

 
Shaquille O’Neal’s house on Star Island, Miami Beach, one of the most exclusive locations in Florida, sold and closed on Tuesday for $16,000,000. The 2-story architectural masterpiece was previously owned by former Miami heat player …

Miami Beach Real Estate Foreclosure – Scott Storch’s House
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Miami Beach Real Estate Foreclosure – Scott Storch’s House

70 Palm Ave, Miami Beach Florida – Villa Ferrari
Miami Beach real estate foreclosures are happening far too often these days, and Scott Storch’ s house on Palm Island, named Villa Ferrari, is next. The Miami …

Miami Beach Real Estate For Sale – Luxury Homes Are Plentiful
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Miami Beach Real Estate For Sale – Luxury Homes Are Plentiful

Miami Beach real estate sales have been sluggish for almost 3 years, and the trend continues today. Some sellers are still asking buyers to pay $1,000 or more per square foot of interior living space, …

Miami Real Estate Tax Increase Pushed By Mayor Carlos Alvarez
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Miami Real Estate Tax Increase Pushed By Mayor Carlos Alvarez

Miami real estate taxes are going up, by the good graces of Miami-Dade Mayor Carlos Alvarez, who said last week, “It’s almost impossible that we can achieve an acceptable budget with cuts alone. There is …

Miami Beach Real Estate Auction Scheduled Miami Beach Real Estate Auction Scheduled

Miami Beach real estate has slowly and steadily lost a substantial amount of its value in the past few years. Most homes are selling at 2003 prices, with a few exceptions, and the bottom is …

Continuum Condo South Beach – Alex Birkenstock Buys Penthouse for $9.9 Million
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Continuum Condo South Beach – Alex Birkenstock Buys Penthouse for $9.9 Million

Continuum South Beach is one of the finest condo buildings on Miami Beach, standing 42 stories high, and located at the southernmost tip of South Beach. About 10 days ago, Alex Birkenstock, a German bachelor, …

Hibiscus Island Home Of Ponzi Scheme Swindler Scheduled for Auction
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Hibiscus Island Home Of Ponzi Scheme Swindler Scheduled for Auction

Hibiscus Island Miami Beach Home – 394 S Hibiscus Drive, Miami Beach Florida
Hibiscus Island, adjacent to Palm Island, is a guard-gated island community, with 24-hour Miami Beach police security, and some of the most …

A-Rod’s House In Coral Gables $11,000,000
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A-Rod’s House In Coral Gables $11,000,000

A-Rod’s House Coral Gables Florida $11,000,000 – 181 E Sunrise Ave

A-Rod’s house in Coral Gables remains on the market for sale, after 8 months. New York Yankees star, Alex Rodriguez listed the home for sale …

First Time Home Buyer Tax Credit – Use It For A Down Payment On Your Home
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First Time Home Buyer Tax Credit – Use It For A Down Payment On Your Home

Tax Credits for first time home buyers were recently announced by the Obama administration. Yesterday, Secretary of Housing and Urban Development, Shaun Donovan announced that the Federal Housing Administration (FHA) told lenders to inform first-time …

Apogee Condo South Beach Sold For $6,000,000 Apogee Condo South Beach Sold For $6,000,000

 Apogee Condo, South Beach, located at 800 South Point Drive, is one of the finest condominium buildings in Miami Beach. With only 67 private residences in the heart of South Beach, the Apogee boasts 10 …

Pending Home Sales Jump Defies Expectations
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Pending Home Sales Jump Defies Expectations

According to a report by CNN today, pending home sales nationwide, jumped by a surprising 3.2% in March over the previous month. The report goes on to state that overpricing seems to be ending, although, …

Miami Real Estate – The Magic City
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Miami Real Estate – The Magic City

Miami At Night ©2006 – 2009 copyright all rights reserved

The Miami real estate market began when Julia Tuttle, a local landowner, persuaded the founder of Standard Oil to expand his railroad to Miami and …

Gables Estates Coral Gables – Casuarina Concourse Estate $49 Million
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Gables Estates Coral Gables – Casuarina Concourse Estate $49 Million

 
11 Casuarina Concourse in Gables Estates, Coral Gables Florida – Alan Potamkin’s House

Gables Estates Coral Gables, one of Miami’s loveliest communities, is an area with ultra-luxurious homes nestled in a neighborhood of 192 properties, and …

Fisher Island Condo Sold For 60% Of Asking Price
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Fisher Island Condo Sold For 60% Of Asking Price

Fisher Island Condo at 7912 Fisher Island Drive Sold for 60% of the Asking Price

A Fisher Island condo, on the ground floor, just steps away from the ocean with northeast views of the pool, and …

Florida Governor Very Upbeat On Real Estate
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Florida Governor Very Upbeat On Real Estate

As part of this year’s Great American Realtor Days, 10 Florida realtors met with Governor Charlie Crist in Tallahassee this week, where discussions took place regarding real estate trends and current market conditions. The Governor …

Al Capone House Miami Beach Still Pending
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Al Capone House Miami Beach Still Pending

Al Capone’s former Miami Beach home, located on exclusive Palm Island, is still a pending sale, according to the Southeast Florida Multiple Listing Service. The property was listed for sale in early 2006, for the …

Alonzo Mourning Sells Miami Home
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Alonzo Mourning Sells Miami Home

Alonzo Mourning Miami Home Sold For $6,000,000
Alonzo Mourning, retired Miami Heat player, and NBA star, recently sold his Miami Home for $6,000,000. Located in Coconut Grove, at 3525 Anchorage Way, the 5 bedrooms, 5.5 bathrooms, …

Miami Beach Real Estate – One of Miami’s Most Expensive Homes
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Miami Beach Real Estate – One of Miami’s Most Expensive Homes

1736 W 28 St. On Sunset Island I, Miami Beach Is For Sale $29,900,750
One of the most expensive homes in Miami Beach is for sale on exclusive Sunset Island I, for $29,900,750. Designed by …

Stuart Geller Wins South Florida Top Home Designer Award
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Stuart Geller Wins South Florida Top Home Designer Award

Stuart Geller, founder and president of Geller Design Group, has won numerous awards in the Miami area, for excellence in interior design. Recently, the Builders Association of South Florida (BASF) gave Geller the coveted Platinum …

Miami Real Estate Prices – What’s Happening?
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Miami Real Estate Prices – What’s Happening?

60 La Gorce Circle On Miami Beach’s La Gorce Island Sold For $3,200,000

A large lot on exclusive La Gorce Island was finally sold on Monday, after sitting idle on the market for well over two …

Four Seasons Condo For A Great Price $1,175,000
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Four Seasons Condo For A Great Price $1,175,000

Four Seasons Condo at 1425 Brickell Ave. For Sale $1,175,000There is a great deal on a 2 bedrooms condo in the Four Seasons, one of Miami’s finest residences, and the tallest residential tower south of …

Miami Luxury Homes – Why Don’t They Sell?
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Miami Luxury Homes – Why Don’t They Sell?

Luxury homes in the hundreds, line the greater Miami Beach community, which stretches from South Beach (1st and Ocean Drive) all the way through Bal Harbour (96th through 102nd St.), and is one of …

Miami Beach Luxury Home Owner Rips Off 600 People
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Miami Beach Luxury Home Owner Rips Off 600 People

Edward Okun, owner of a multi-million dollar luxury home on Miami Beach’s Hibiscus Island, was jailed as a common swindler yesterday, after being convicted of bilking 600 people out of $132 million dollars in a …

Donald Trump Declares Greatest Time In History To Buy Real Estate Donald Trump Declares Greatest Time In History To Buy Real Estate

Speaking by phone on Larry King Live last night, Donald Trump declared that this is the greatest time in history to buy real estate. He stated that there are great opportunities to buy property right …

Venetian Islands Condo For Sale $799,000 Venetian Islands Condo For Sale $799,000

1000 Venetian Way, Apt. 1601 For Sale $799,000
A fine Venetian Islands condo on Miami Beach is up for sale in one of the most desirable buildings on the Venetian Islands. Priced at $799,000, the …

Miami Beach Homes For Sale
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Miami Beach Homes For Sale

Lots and lots of properties are for sale on Miami Beach, and that is neither a play on words, nor an exaggeration. The marketplace is flooded with properties that remain unsold month after month, as …

Donald Trump Tells People To Buy Real Estate Now
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Donald Trump Tells People To Buy Real Estate Now

Donald Trump was a topic of discussion today. Appearing on the CNN program, The Situation Room with Wolf Blitzer, the Donald told everyone watching, that this is a great time to buy real estate, and …

South Beach Condo Listed For $12,000,000 Sold For $7,600,000
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South Beach Condo Listed For $12,000,000 Sold For $7,600,000

View From 1000 South Pointe Drive, Apt. 3801 Sold For $7,600,000
South Beach condos are being sold for far less than asking prices these days, as exemplified by a sale that was recently made in the …

Everything Is Amazing, Nobody is Happy
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From time to time, it becomes necessary to post something other than real estate information. This is such a time. Enjoy the video clip below.

Miami Real Estate Outlook Bright
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Miami Real Estate Outlook Bright

The outlook for real estate in Miami is bright, according to the Times Online, the online version of the Times Newspapers, Ltd., published in London. The January 18th article states that real estate agents in …

Venetian Islands Home Sold For $3,700,000
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Venetian Islands Home Sold For $3,700,000

Venetian Island Home Sold For $3,700,000
Last week, a 3 bedrooms, 3.5 bathrooms, 3,500 square feet home at 324 W. San Marino Drive, on the Venetian Islands in Miami Beach, sold for $3,700,000, a pretty good …

Shaquille O’Neal’s House On Star Island Back On Market
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Shaquille O’Neal’s House On Star Island Back On Market

Shaquille O’Neal’s Star Island Home In Miami Beach For Sale $25,000,000
Shaquille O’Neal’s house on beautiful Star Island, is back on the market for sale. The property has been for sale for well over 3 years, …

Let The Realtor Beware!
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Real estate agents really have to be careful nowadays, particularly with regards overly friendly homeowners. One homeowner in West Hartford, Connecticut, became very friendly with a 28-year-old real estate agent, when he went to her …

Fisher Island Condo Sold For $5,600,000
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Fisher Island Condo Sold For $5,600,000

5031 Fisher Island Drive Sold For 5.6 Million Dollars
A beautiful Fisher Island home, which was listed on the market for sale at an asking price of $7,500,000, closed yesterday for $5,600,000, a reduction of almost …

Allison Island Home Sold For $3,400,000
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Allison Island Home Sold For $3,400,000

A beautiful home located on Allison Island in Miami Beach, (6570 Allison Rd.) just sold for $3,400,000, almost $600,000 below the asking price of $3,995,000. The 6,172 square feet house is situated on a lot …

Is The Miami Herald For Sale?
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Is The Miami Herald For Sale?

It looks like the Miami Herald might be for sale, according to a report published on Friday by the New York Times. The sale, if there are any serious bidders, and if it occurs at …

National Association of Realtors Four-Point Plan
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National Association of Realtors Four-Point Plan

The NAR has recently promoted a four-point plan to help improve the real estate market, and to boost an economic recovery in the U.S. They are asking for the support of realtors in this effort, …

Miami Home Sales Stats Show Significant Gains
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Miami Home Sales Stats Show Significant Gains

According to the most recent statistics published by the Florida Association of Realtors, the real estate market in Florida showed significant gains in September. The statistics by FAR show a 24% increase in sales of …

Four Seasons Condo in Miami $1,300,000
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Four Seasons Condo in Miami $1,300,000

The Four Seasons in Miami is 70 Stories High
Former Chicago Bulls NBA basketball player, Boris Gorenc, whose teammates were Michael Jordan and Scottie Pippen, has put his condo on the market for sale. Just listed …

South Beach – An Introduction
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The southern tip of Miami Beach, also referred to as South Beach, or SoBe, has come to be known as the American Riviera. SoBe has experienced an unprecedented rebirth over the last decades. Once a …

Sunset Island Lot Sold For $22,500,000
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Sunset Island Lot Sold For $22,500,000

2500 Bay Ave. Sunset Island II, Miami Beach, Florida

An empty lot located on prestigious Sunset Island II, just sold and closed yesterday for $22,500,000. The lot, which measures 1.93 acres, faces the wide bay and …

The Price Drop In Miami
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The Price Drop In Miami

Sales prices have come down substantially in Miami Beach, yet some sellers are still asking very high prices for their properties, prices that are high enough to render those properties un-saleable sans a significant price …

The Housing Problem
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The Housing Problem

The problem with real estate in the Miami area is not only that there are too few buyers, but also that getting a mortgage loan is now very difficult for almost everyone. The banks, which …

Venetian Islands Real Estate – Home Reduced To $1,525,000
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Venetian Islands Real Estate – Home Reduced To $1,525,000

Venetian Islands House On Miami BeachUPDATE: (Nov. 5, 2008) Now reduced to $1,295,000
A very charming, updated house on Dilido Island was reduced in price from $1,695,000 to $1,525,000 just a few days ago. The charming …

Pinetree Drive Waterfront Lot 2.8 Acres Sold
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Pinetree Drive Waterfront Lot 2.8 Acres Sold

A huge 2.8 acre Miami Beach waterfront lot located on Pinetree Drive, priced at $13,900,000, recently sold for $12,100,000. It is one of the largest waterfront home sites on Miami Beach.

The largest home site on …

South Beach Condo In Continuum Sold For $6,025,000
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South Beach Condo In Continuum Sold For $6,025,000

A magnificent condo in the Continuum on South Beach in Miami Beach which was listed for $7,500,000, very recently sold for $6,025,000, which is a reduction $1,475,000 or 20% of the asking price. That is …

Star Island House Sold For $8,100,000
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Star Island House Sold For $8,100,000

44 Star Island, Miami Beach Florida Star Island is one of the very exclusive islands on Miami Beach, and properties there are at a premium. 44 Star Island was listed on the market for …

Home Sales Up In July Home Sales Up In July

According to data released this morning by the National Association of Realtors, home sales were up in July of this year. Hitting a 5-month high, existing home sales, which include houses, condos, and townhouses, climbed …

Villa Ferrari On Palm Island – Soon In Foreclosure?
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Villa Ferrari On Palm Island – Soon In Foreclosure?

Villa Ferrari on Palm Island Miami Beach
The Scott Storch home on Palm Island, otherwise known as Villa Ferrari, is a gorgeous 18,000 square feet home sitting on a 30,000 square feet lot, facing downtown …

Miami Shores House Reduced To $799,000
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Miami Shores House Reduced To $799,000

9650 N.E. 5th Avenue Road, Miami Shores $799,000A charming 3,740 square feet home, situated on a 13,000 square feet lot, with a pool, has just been drastically reduced in price. Just this week, the …

Miami Beach Home For Sale $15,900,000
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Miami Beach Home For Sale $15,900,000

2046 N. Bay Rd. Miami Beach Florida For Sale $15,900,000
2046 N. Bay Road, Miami Beach is a great address, because the property includes a magnificent new classic contemporary home boasting 15,000 square feet of interior …

Real Estate Market Expected To Improve With Election Of New President
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Real Estate Market Expected To Improve With Election Of New President

Almost half of all homebuyers are optimistic about the real estate market. According to a new survey recently released, and conducted by Harris Interactive®, 44% of homebuyers surveyed believe that the real estate market will …

Housing Stimulus Bill – NAR Update
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Housing Stimulus Bill – NAR Update

As Congress gets ready to take leave in August, the National Association of Realtors (NAR) is making every effort to get a housing stimulus bill to the desk of the President. In the informative video …

Donald Trump Palm Beach Home Sold For $100,000,000
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Donald Trump Palm Beach Home Sold For $100,000,000

Donald Trump’s home in Palm Beach Florida, sold recently for a reported $100,000,000, to a Russian billionaire named Dmitry Rybolovlev. The deal is supposed to close some time this month according to an article in …

Housing Bottom In 2009?
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According to Jim Cramer, a bottom in the housing market is possible in the near future, meaning in 2009, which is only 6 months away. He recently did an interview with Farnoosh Torabi, where he …

Mid-Year Home Sales In Miami and Miami Beach
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Mid-Year Home Sales In Miami and Miami Beach

According to statistics extracted from the Southeast Florida MLS, Miami home sales continue to be sluggish. Homes and condos continue to flood the market with more listings appearing every month, accompanied by fewer sales each …

Miami Home For Sale On Hibiscus Island – Price $10,500,000
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Miami Home For Sale On Hibiscus Island – Price $10,500,000

265 N Hibiscus Drive on Hibiscus Island, Miami Beach For Sale $10,500,000
On the market for only one month, the home located at 265 N Hibiscus Drive on Miami Beach, is a “masterpiece completely remodeled”, featuring …

Indian Creek Home Sold For $7,050,000
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Indian Creek Home Sold For $7,050,000

36 Indian Creek Island Road Sold for $7,050,000

A marvelous home on Indian Creek sold and closed this week for $7,050,000. The 6 bedrooms, 6 bathrooms, 8,510 square feet home located at 36 Indian Creek Island, …

Sunset Islands, Miami Beach – An Introduction
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One of the very finest areas in Miami is located on the western shoreline of Miami Beach. The Sunset Islands, which can be reached from North Bay Road at 20th St. and 29th St., are …

Miami Beach – A Video Tour
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Miami is a great place to live, especially for those who love a year round warm climate. The southern part of Miami Beach, commonly referred to as South Beach, has become known as the American …

Mending Miami Market
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Mending Miami Market

Sunset Island Home Sold For $5,700,000

Some people won’t believe this, but the real estate market in Miami is beginning to show signs of mending. A few months ago, there were very few buyers around as …