Category Archives: Aventura

The Aventura Mall Expansion Is Underway

Aventura, FL – The beautiful city of Aventura is not only a great place to live in the many communities such as Porto Vita, Island Estates, Aventura Estates and also play golf at The Turnberry Isle Resort & Golf Club but the city is known for one of the nations largest and highest grossing luxury shopping malls in the US., “The Aventura Mall”. To many of us, it has become not only a convenience but staple of our Lifestyle.

The Aventura Mall not only has some of the best shopping around, its also has great restaurants, a movie theater, and an Equinox Gym. Well, if anyone is wondering what all the construction is on the east side of the mall, you can bet it’s going to be big. The new expansion of the mall includes a 315,000 sq. ft. retail wing and parking garage along with a host of destination restaurants and a new state of the art food court.QE5oWH2 Starting to sound good to you isn’t it? To top it all off, renderings have revealed plans for a new Tesla store to be included in the expansion. Let me know what stores you would want to see be included in the expansion in your comments below!

– Scott

THIS WEEKS FEATURED LISTING

342757635_5513 Palm Dr. Hallandale Beach, Fl. 33009

 

Golden Isles waterfront estate listed for $3.249 million. This new contemporary home was built on an large Intracoastal 100′ x 150′ lot and its many features include: five bedrooms, five bathrooms and two half baths with over 5,500 sq. ft. living area and over 7,200 total sq. ft.. Lavish landscaping on this tropical modern setting, large beautiful backyard with an over sized pool, jacuzzi and beach pad.

 

 

 

 

This waterfront home has a large chefs kitchen, formal dining room, down stairs master suite, tray ceilings, custom light fixtures, motorized shades, and lots of natural light adds sheer beauty to this home. Golden Isles is a boaters paradise with the Atlantic inlet nearby!   Call me today for a private showing: 954-661-8871

-Scott

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NEW LISTING AT TURNBERRY OCEAN COLONY

 

MAGNIFICENT views from this direct ocean 15th floor apartment. Turnberry Ocean Colony is located in Sunny Isles Beach just south of Golden Beach and north of Bal Harbour.  These neighboring cities are part of Miami-Dade county in South Florida. Turnberry Ocean Colony feature’s two 37-story towers and is one of the most exclusive and established oceanfront developments in Sunny Isles Beach . Each tower includes 130 residential units with Intracoastal and ocean views.

Unit Features:

  • Private elevator access
  • 2 bedrooms and 2.5 bathrooms
  • Wrap around balcony
  • Covered and valet parking
  • East direct ocean exposure
  • Top of the line appliances
  • Marble floors all through the unit

Building Features:

  • 35,000 sq ft. Private beach club
  • 650-ft of pristine white sandy beaches
  • Two pools
  • Spa and fitness center
  • Personal trainers
  • Private cabana’s available
  • restaurant and bar
  • World class concierge and security

This exclusive apartment is priced to SELL! Call me today for more information and to schedule your private showing.

Demolition of the Dania Beach Hurricane Roller Coaster

Dania Beach landmark being torn down piece by piece20160316190246_2418290_ver1.0_1280_720

 

They say, whatever goes up has to come down. The Dania Beach Florida Hurricane Roller Coaster in southern Broward County has been a landmark for residents and tourists since year 2000. Just this past week the demolition of the monstrous wooden structure has begun and it created a buzz through the south Florida community. The ride itself closed five years ago and hasn’t been operated since. Some are happy to see it go but some are sad and believe it or not, I rode when it reopened in 2000, lots of memories from my childhood on a wooden roller coaster!

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Kimco Realty Group of New York is developing a 850,000-square-foot center in a joint venture with Master Development and Salzman Real Estate Advisors, Who have projects already through the Tri-County area of South Florida. This project will bring in about 17,000 construction jobs and 13,000 permanent jobs once its fully developed.

No leases of any retailers have been signed yet, But the 35-acre first phase, which will incorporate “big box” stores and discount retailers, is planned to open in the fall of 2017.

The second phase, which will include more retailers, restaurants, 1,000 residential units and two hotels, will follow in the fall of 2018. By that time, construction will be initiated on some of the 500,000 square feet of commercial office space.

Dania Pointe of Dania beach located just north of Hollywood Florida, will be one of the largest shopping centers in Broward County Florida. Dania Pointe will attract many visitors all the way from Southern Miami-Dade County up to The Northern parts of Palm Beach County because of Dania Beaches central location in South Florida. Over half a million cars pass by the location northbound on I95 per day! This development is sure to be a success and a great new addition to the city and South Florida.

 

luxury condo in miami

Foreign Investors in the Miami Luxury Real Estate Market are Dwindling

Several years ago, the luxury real estate market in Miami was sustained by foreign buyers who sought to invest in multimillion-dollar waterfront properties. But that’s not the case today, at least for real estate investors in Latin America and Europe.

Fewer foreign investors are purchasing luxury real estate in South Florida, in part due to a global recession, as currencies in countries such as Argentina, Brazil, Mexico, Russia, and Venezuela have been devalued. In some cases, due to lower purchasing power, real estate investors are seeking properties in a lower price point than in years past.

Today’s Foreign Investment in Miami

South Florida home salesAccording to the Miami Downtown Development Authority’s latest market study, all-cash transactions are decreasing. Market activity in 2015 was weaker than in 2014, in part due to the worsening global economy.

Compared with the US dollar, the purchasing power for many foreign currencies has dropped since 2014 and since 2011, with the most significant changes experienced by the Brazilian real (almost 59% since 2011), Russian rouble (more than 60%), and the Argentinian peso (almost 70%). However, there was a positive change to the purchasing power of one currency since 2011 — the Chinese yuen.

Will We See the Market Shift Toward Chinese Investors?

Between 2011 and 2014, the yuen‘s purchasing power agains the US dollar had to increased 8.61%, with a cumulative change of 0.45% between 2011 and 2016.

Recent moves by real estate developers, too, as reported in The Real Dealhave been made in an attempt to attract investors from Asian countries, namely China. And the Miami Herald reports that direct Chinese foreign investment in the US has increased by 30%, with more than $1 billion invested in the state of Florida by Chinese companies.

Will we see a shift from South American and European investors to Chinese investors in luxury real estate in South Florida? We will just have to wait and see.

Let’s Discuss Investing in Miami Real Estate

Are you interested in learning more about the Miami luxury real estate market, or investing in luxury waterfront properties? Let’s discuss this information. Just call me at 954.661.8871.

4 Standout Features of Our New Island Estates Home Listing in Aventura!

Aventura HomeWe are some thrilled to tell you about a new listing on the South Florida real estate market that is already generating a lot of interest from home buyers!

Located at 3922 Island Estates Drive, this incredible 7,014-square-foot home is truly remarkable, boasting 6 bedrooms and 7.5 bathrooms.

Continue reading to learn more about this gem of a property on the Aventura housing market.

This Island Estates Home is Full of Desirable Features and Amenities

Here are the top four features of this South Florida home, although honestly, we could make a list twice that long and not even scratch the surface:

  • It sits on the waterfront, giving you breath-taking views every time you look out the window – not to mention easy access to water recreation amenities.
  • It features its own electric gates, offering you both security as well as a stately ambiance.
  • It boasts an expansive gourmet kitchen with every amenity and luxury you could possible need or want including 50-foot slip
  • Its backyard is full of coveted amenities, including an infinity heated pool, covered terrace and a summer kitchen,

Aventura Home 2But the perks of living here don’t just stop there. Here are some additional amenities and features in this home that will surely capture your attention:

  • Large motor court
  • Wet bar
  • Media room
  • Volume ceilings
  • Lovely fireplace
  • Impressive staircase
  • Granite counter tops
  • Built-in shelves
  • Huge windows
  • Elevator

It’s All About Location, Location, Location

Aventura Home 4What’s more, this Mediterranean style home enjoys a great location with the Island Estates community, which is beloved in its own right for offering its residents an exceptional quality of life. For instance, some of the recreational amenities offered on site here include:

  • Access to estate management and concierge services
  • Round-the-clock professionally staffed guard service
  • Memberships available for golf, tennis, Ocean Club, spa and restaurants

Plus, you’ll live close to a number of outstanding amenities that will appeal to all members of your family. These include:

  • Miami International and Fort Lauderdale airports
  • The Community Recreation Center
  • Aventura Founders Park
  • Aventura Arts & Cultural Center
  • Waterways Park and Waterways Dog Park
  • Veterans Park
  • And more!

Could This Be Your South Florida Dream Home?

Aventura Home 5If so, please don’t hesitate to contact us at The Scott Patterson Group today. We would love to answer any remaining questions you might have about this property as well as help schedule a showing for you.

But act now! Excellent homes like these don’t stay available on the South Florida real estate market for long!

Until next time,

Scott

Just Listed: Luxury Condo Living at Its Finest in Aventura, FL

6000 Island Dr 2704_06Have we got an amazing South Florida luxury real estate deal for you! Recently, an impressive condominium in the desirable Bella Mare building (also known as the 6000 Williams Island building) listed on the Aventura real estate market.

Located at 6000 Island Boulevard #2704, this incredible condo boasts 4 bedrooms, 3.5 bathrooms and a total of 4,221 square feet of living space.

Listed at $3,495,000, it’s a steal of a deal when one considers all of the amenities offered here. Continue reading to learn more!

Fall In Love With Our New Aventura FL Listing

6000 Island Dr 2704_14This breathtaking Bella Mare double unit was professionally designed with the most discerning of South Florida home buyers in mind.

Here, prospective home buyers will be impressed by the panoramic ocean, intracoastal, city and bay views – all from the vantage point of the 27th floor of a 30-story luxury condo. With those kinds of views at those kinds of heights, the next residents who live here will be able to enjoy unobstructed views of sunrises and sunsets every day of the year from the comfort of their luxury South Florida condo.

Take a tour of this incredibly majestic condominium and you’ll discover luxury amenity after luxury amenity. These include:

  • Spacious terraces
  • Miele and Sub-zero custom kitchen appliances
  • Built-in Espresso
  • Full-size wine cooler
  • Detailed finishes
  • Built-in shelves
  • Private office
  • Wet bar
  • Crestron & Lutron Home Automation
  • Private elevator with foyer entrance
  • Extravagant walk-in closets
  • And so much more!

And that’s just within your own personal residence! Wait until you hear all that’s offered to residents throughout the community!

The Perks of Living Here Keep Getting Better!

6000 Island Dr 2704_03 (1)When you live in this South Florida community, you’ll feel like royalty every single day of the year!

After all, this condominium community offers such resort-style services  and amenities as:

  • Valet Parking
  • Bike/Jog Path
  • Bike Storage
  • Billiard Room
  • Community Room
  • Exercise Room
  • Heated Pool
  • Marina
  • Child Play Area
  • Tennis

And of course, with its South Florida location, this condominium community also offers residents easy access to trendy restaurants, upscale shopping plazas, the beach and so much more!

Hurry! This Aventura Condo Won’t Be Available for Long!

Condos like this have a tendency to be purchased quickly on the South Florida real estate market.

Thus, if you’re interested in this incredible property, be sure to connect with us at The Scott Patterson Group as soon as possible.

We’ll be happy to help you by sharing you with additional information about this condo as well as answering any questions you might have. We’d also love to assist you if you’re interested in requesting a showing of this property.

Until next time,

Scott

Sears Proposes Replacing Aventura Mall Store with Village

aventura renderingA major redevelopment could be on its way to Aventura, Florida, according to a recent article I was reading.

Evidently, Sears recently submitted a development proposal to the City of Aventura. In that proposal, Sears is recommending replacing its current store location at Aventura Mall with a little village.

This village would be comprised of retail, office and even hotel space.

Currently, Sears occupies two stories at Aventura Mall. But under the new plan, Sears would only occupy 20,000 square feet within the 250,000-square-foot village.

Developers want to call the project “Esplanade at Aventura.” If it is approved, industry analysts are already saying it would be better than the existing Piazza at Aventura Mall where Cheesecake Factory is located.

What Do You Think About Sears’ Plans?

Do you think it would be a good addition to the mall? Do you think it’s a wise business decision on the part of Sears? Would you rather see Sears stay the way it is?

I would love to hear your thoughts!

I’ll also make sure to keep you posted as these proposed plans go forward.

Meanwhile, if you’re considering entering the market anytime soon as an Aventura home buyer or home seller, make sure to contact me, Scott Patterson.

I’m your dedicated South Florida real estate expert and I will work hard to get you the results you want on the local housing market in Aventura!

Aventura Townhouse Shatters Previous Record with $4.45M Sales Price

Aventura TownhouseHow much would you be willing to pay for luxury? How much would it mean to you to be able to say that you live in one of the most elite zip codes in South Florida, that you enjoy the most opulent amenities and the most magnificent views in all of Aventura?

For one recent South Florida home buyer, the price to enjoy such luxury is right around $4.45 million dollars – the highest sales price for a townhouse in Aventura ever!

So What Does $4.45M Get You On the Aventura Real Estate Market?

Aventura Townhouse 2This majestic Aventura Villa Flora Townhouse, which is located in Villa Flora within Williams Island, boasts 6 bedrooms, 7.5 bathrooms and a total of 7,102 square feet of living space.

Located in the gated community of Villa Flora at 1524 Island Boulevard in Aventura, this gorgeous property will give its new residents sweeping bay views on a stunning and masterfully maintained estate.

Inside, the residents will be awe-inspired with their spacious home theater, gorgeous master suite with His & Her Master bathrooms, custom kitchen with wolf and sub-zero appliances and even custom wall paper.

Meandering through this elegant estate, the residents will also be able to appreciate such fine attention to details as coffered ceilings, plantation shutters, hardwood floors, marble floors and even a personal elevator.

Aventura Townhouse 3Other features that will make other buyers jealous that they didn’t nab this deal first:

  • Lovely fireplace
  • Ornate wall detailing
  • Stunning chandeliers
  • Enormous kitchen
  • Grand staircase
  • Magnificent garden tub
  • And more!

And there will never be a shortage of storage space in the garage, given that it can accommodate three cars.

Meanwhile, what South Florida luxury estate wouldn’t be complete without a tranquil heated pool in the backyard? And although dockage was not included, the buyers had the option of including it as part of the greater community.

And You Can’t Beat This Residential Community in South Florida!

Aventura Townhouse 4Williams Island is beloved for its gorgeous and luxury real estate properties as well as its endless list of recreational amenities for residents.

Here you can enjoy a relaxing day at Williams Island Spa, spend a day shopping in some of the fine boutiques nearby or even enjoy a little friendly competition at the nearby tennis courts.

Perhaps you might prefer to spend a day on the water with the services offered at the nearby 99-slip marina or take your children to the local playground. You can do it all right here on Williams Island!

Allow Me to Help You With Your Next South Florida Home Purchase!

We really are thrilled about the recent sale of this elite townhouse in Aventura. Not only are the buyers getting an exceptional and one-of-a-kind piece of real estate but it’s also good for the local housing market.

If you’re interested in living in this high-end community, please contact me, Scott Patterson, today.

I would love to answer any questions you may have as well as tell you about available listings for sale in Aventura!

Until next time,

Scott

The Point of Aventura Expected to Get Large Scale Renovations Soon

Talk about a major overhaul! The Point of Aventura, a luxury condominium with a track record for excellence, is about to receive some major renovations that will make it even more magnificent.

From the salon to the yoga studio, lobby to the garden room – there won’t be an inch of The Point that isn’t improved during this major renovation.

In the end, the residents of this community will be restored to a level of prestige and comfort that they’ve come to expect and deserve.

Flurry of New Luxury Condos Is The Driving Force Behind Renovations

According to the above video, The Point’s Master Board passed the large scale renovation project during a recent meeting.

A major driving force behind the renovations is the fact that the South Florida real estate market is seeing a flurry of new construction activity in the luxury condominium market.

This is putting pressure on existing condominiums to undergo large scale renovations in order to keep pace with area competition. For instance, the nearby Williams Island recently underwent a $5 million renovation of its spa and fitness center.

The results have been nothing short of incredible, with an overwhelmingly positive response from the residents and even a boost in property sales.

Now it’s The Point’s turn to undergo a major renovation that will significantly improve quality of life at this luxury South Florida condo.

Here is a breakdown of the renovations that are expected for the various sections of the building:

The Salon

  • More square footage
  • Elevated ceilings with improved lighting
  • Resort level equipment
  • New retail area for products
  • Appropriate ventilation and exhaust to enhance the experience

The Spa

  • New sauna and steam equipment
  • Enhanced lighting throughout
  • Fully functional massage treatment rooms
  • Redesign of various amenities for improved layout

The Lobby

  • Modernized finishes
  • New reception area that’s strategically placed for better visual monitoring
  • Upgraded grand staircase
  • New multipurpose room

Garden Room

  • Upgraded lighting
  • Improved ceiling design for elegance and improved acoustics
  • New audio visual system with drop down projection screen
  • Multi-zone temperature and volume control

Upper Level

  • An independent exterior access point to public hallways that will prevent further interruptions in the garden room

Throughout the Building

  • Expanded and renovated yoga room
  • New multipurpose room
  • Dedicated Pilates room

Wow! That’s an lengthy list of improvements coming to The Point

I personally can’t wait to see how it all comes together.

It’s encouraging to see that community leaders are dedicated to improving quality of life for current and future residents.

What’s more, these luxury upgrades are sure to result in the skyrocketing popularity of this condo on the Aventura real estate market.

Now is An Ideal Time to Relocate to The Point Condos in Aventura

Be one of the first residents to enjoy all of these fabulous upgrades. Purchase a luxury South Florida condominium at The Point today!

Contact me, Scott Patterson, your South Florida real estate expert, now and I’ll be happy to assist you by answering all of your questions about this community as well as telling you about available listings here.

Until next time,

Scott