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Category Archives: Golden Isles

Golden Isles Home For Sale

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Details About This New Waterfront Listing

Golden Isles Home for Sale in Hallandale Beach, Florida : The newly listed two-story waterfront estate located at 443 Holiday drive spares no expense, offering luxury amenities in a modern tropical setting.

443 Holiday Drive is in Golden Isles

The home is situated along the deep Intracoastal waterways of Golden Isles; one of South Florida’s most sought after luxury waterfront communities.

Features You Will Love About This Golden Isles Home

Home Features four bedrooms, three and a half baths, volume ceilings, bright and sun-lit living areas, state-of-the-art kitchen with top of the line appliances, large cook island, breakfast area and formal dining room all under 5,100 sq.ft.   The resort-style backyard with swimming pool, top of the line summer kitchen, Gazebo and deeded dock make for a backyard oasis, great for Alfresco dining and entertaining.   The second-story is exclusively dedicated to the ample master suite, with spa like master bath and private balcony.

Large circular driveway and two-car garage offers ample space for parking.

Learn More About This Golden Isles Home For Sale

For more information about this listing or to View other Golden Isles Homes For Sale, please visit www.scottpatterson.com or call me at 954-661-8871.

 

Until next time,

Scott

This Weeks Featured Listing : 325 Layne Blvd

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325 Layne Blvd_02Golden Isles – Hallandale Beach, Florida new Listing. Golden Isles is a private gated waterfront community with deep water and no fixed bridges. 325 Layne Blvd is all about luxury and has raised the bar once again in Golden Isles. Five bedrooms and five bathrooms under six thousand square feet of extraordinary luxury and custom finishes. This home is situated on a 92′ x 150′ foot lot with ample boat dockage, a 25K boat lift,325 Layne Blvd_15 new dock and batter pile seawall. The home is fully equipped with top of the line appliances, office, wet bar, smart home automation, two car garage, marble driveway, electronic gates, and of course a custom heated pool, this is a must see. Call me today to schedule a private showing.

-Scott

 

THIS WEEKS FEATURED LISTING

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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

Open House 524 Palm Dr. Hallandale FL

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thumbnail_524 Palm Dr_02524 Palm Dr. Hallandale Beach, FL is in the sought after waterfront community of Golden Isles. This updated home boasts 4 bedrooms, 3 1/2 bathrooms, 2 car garage, all impact windows / doors and all under 3000  sq. ft. From the luxurious waterfront backyard to the dine-in chefs kitchen, look no further than this home. With its covered patio and gourmet summer kitchen it caters to the most picky client and is a boater paradise with deep water and no fixed bridge.

Please feel free to come and visit our Open House Sunday June 12th from 2pm – 4pm. See you there !524 Palm Dr_08

Marina Palms Luxury High-Tech Marina

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thumbnail_Marina Palms Marina

 

Marina Palms, North Miami Beaches’ newest addition to the city’s rapidly growing construction boom has opened its marina for business this week. The condo towers feature 468 unit ranging from 1-3 bedrooms. The Marina features 112 boat slips able to cater to boats up to 100 feet. Another key component to the marina’s unparalleled service is a full sundry store open to the public, and of course a high speed fuel point. Residents may enjoy the membership to a private boating club right from the marina ( pricing and availability may vary).

North Miami Beach, A city at the northeast point of Miami-Dade county Florida, is proud to be the home to the new Marina Palms Luxury Residences and Marina. The project will be fully completed by mid 2017 with only now the completion of the south tower which has just topped off.  The history behind the location and the way that they incorporated it into the project really sets it apart from some of the other new construction in the area. An amazing article can be found here that gives you a detailed historical background on the area and the specific location of the project itself. Welcome to the new Miami everyone!

New Condo Proposals Abound Right Now in South Florida

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South Florida condosAn interesting trend has happened recently on the South Florida real estate market. Evidently, condo developers have been enthusiastically proposing new projects lately, proposing an average of almost 1,000 new units monthly for the tri-county coastal region since October 2012.

This is not only a sign that developers are feeling optimistic about the economy but also a sign that there’s about to be some incredible new real estate available in South Florida!

Real Estate for Sale in South Florida

According to the recent article I was reading in The Miami Herald, it has only taken roughly 10 months for developers to propose 20,000 new units in Miami Dade, Broward and Palm Beach counties.

Here’s what else the recent article revealed:

  • Since the fourth quarter of 2012, developers announced nearly 90 new buildings with a combined 9,500 units in South Florida.
  • At least three additional condo high rises with an estimated 1,200 units in the planning stages.
  • All put together, South Florida could ave at least 145 towers and nearly 20,700 units proposed for Miami-Dade, Broward, and Palm Beach counties.
  • The last South Florida condo boom of this magnitude started in 2003 and ultimately resulted in 245 towers and almost 49,000 units in the region.
  • Miami-Dade County has the largest concentration of proposed projects with more than 90 towers and nearly 15,285 units planned.
  • Broward County has 26 towers and less than 2,125 units proposed.
  • Palm Beach County is a third with 23 towers and nearly 2,100 units proposed.
  • Broken down further, the Hollywood and Hallandale Beach market in Southeast Broward County has proposed 11 towers with nearly 1,450 condo units.
  • Sunny Isles Beach on the barrier island in Northeast Miami-Dade County has proposed 10 towers and nearly 1,200 units slated to be developed.
  •  West Palm Beach has proposed seven towers and nearly 1,170 units
  • The city of Miami Beach has proposed with 17 towers and nearly 1,100 units.
  • And Bal Harbour, Surfside, and Bay Harbor Islands market in Northeast Miami-Dade County have proposed 14 condo towers with nearly 1,000 units.

Part of the reason that developers are moving so fast to develop new condos is because the inventory of available condo buildings is dwindling fast.

Experts predict that the current supply of existing condos for sale could be exhausted by the second half of 2014.

Some of the projects that developers are proposing include:

  • A 713-foot-tall tower with at least 60 stories at 600 Biscayne Blvd.
  • A 710-foot-tall tower with at least 60 stories at 700 Biscayne Blvd
  • A 610-foot-tall tower with 55 stories at 24 SW 4th St. on the north bank of the Miami River.

Still, despite all this talk about new South Florida developments, these companies have a large hurdle to overcome first: getting loans from the banks, which have tightened their lending policies in recent years.

That’s why experts believe that it is those developers who can drum up sufficient support from would-be condo buyers that will ultimately find success on the South Florida real estate market.

South Florida Condos for Sale

What do you think of the recent flurry of activity on the South Florida condo market? I would love to hear your thoughts!

In the meantime, if you’re thinking about investing in a South Florida condo, please contact me, Scott Patterson.

I’ll be happy to assist you by letting you know about available condos for sale, answering any questions you may have as well as telling you about nearby condo communities in such communities as:

  • Aventura, Florida
  • Hallandale, Florida
  • Davie, Florida

Until next time,

Scott

 

Elegant Listing in Golden Isles, Presenting 424 Holiday Drive

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424 Holiday Isle

We are pleased to present our featured listing 424 Holiday Drive.  It is in the gated community of Golden Isles, and is waterfront. This is one of our most majestic and elegant listings from the vaulted ceilings to the marble and red wood floors. The first story has all Travertine marble flooring and the second story is rich red wood. A chef ready kitchen is completely top of the line including Wolf gas range and generous sized kitchen island. The living room has a fireplace, should you catch a rare drift in the winter months and the living room opens to the dining room that enjoys the water views of both the canal and the pool.

The home has 5 bedrooms and 5.5 baths within a spacious 4,735 square feet living area. This is a relatively new construction, finished in 2000 and the amenities of the home reflect a modern sensibility. Closets are oversized and the baths are all lavishly appointed with the latest finishes and utilities. The home is in the classic Mediterranean style. There is large covered parking in a two car garage and there is additional parking in the driveway. A deeded dock and incredible patio with salt water heated pool and gourmet Viking summer kitchen make this an incredible home for entertaining.  It is located minutes from the beach, from Aventura, and the major expressways, insuring that the entertainments of South Florida are at your back door. This home is listed for $2.3 million. For more information on this home, to schedule a showing, or to view other homes in this area, please contact us today.

 

 

Property Insurance Reform to Affect South Florida Waterfront Real Estate Owners

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South Florida insurance ratesThe Business Journal recently had an interesting article about how the state’s reforms to Citizens Property Insurance Corp. will ultimately have a huge effect on those living on South Florida’s coasts.

For those of you who aren’t aware, Citizens Property Insurance Corp is a state-run insurer.

According to the recent legislation that the state government approved, protocol for Citizens Property has changed to help reduce enrollment, which officials say will make it less vulnerable during a storm.

This is sure to have a large impact on waterfront property owners all of South Florida!

What South Florida Home Owners Should Know About the Law Change

Under the recent change, residents will be limited to 10 percent annual premium hikes, although new enrollees would have to pass through a number of other insurers before choosing Citizens.

Experts are saying that because of this change, rates will increase overtime since homeowners would need to select private coverage within 15 percent of that offered by Citizens.

Eventually, more insurance providers will be attracted to the area, experts say.

As soon as the Citizens reform was passed, shares from the Fort Lauderdale-based Unviersity Insurance Holdings increased to its highest level in a year.

Universal Insurance Holdings is the largest private insurer in Florida.

Here’s how else the reform will affect circumstances in Florida: Some experts believe Citizens’ policy limit reductions will cause the maximum coverage to decrease from $2 million to $1 million, eventually falling to $700,000.

Some experts think the changes are coming at a bad time and may curb the housing market recovery in South Florida.

After all, investors may think twice if they’re forced to choose private insurance with higher premiums, experts say.

That could in turn call the housing market recovery to slow down or stop altogether.

What’s more, the reform forbids Citizens from covering new coastal construction after July 1, 2014. This may have a direct impact on such South Florida coastal communities.

Still, some experts say the changes to coastal construction coverage may actually end up benefiting the less expensive condominiums in Brickell and Downtown Miami.

South Florida Luxury Real Estate For Sale

What do you make of the recent legislative changes concerning Citizens Property Insurance Corp?

I am always happy to offer straight-forward advice and providing you with such useful home-selling resources as:

Until next time,

Scott

 

South Florida Real Estate Market Showing Signs of Rebound and Growth

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South Florida real estateThere’s reason to celebrate a little for the South Florida real estate market – especially if you’re a home seller with a list price under 1 million.

From a decreasing supply of available homes for sale to rising sales prices – now is a great time to be a Seller  especially if your property is listed under 1 million today. It’s all about “Supply & Demand” which is very price sensitive and it’s very important to understand the market depends on the “List Price” of your property,  the higher the “List Price” the more inventory there is.

Below, I’m going to tell you some of the recent findings from a national index on the health of the South Florida housing market.

Selling South Florida Real Estate

According to a recent market report, South Florida home prices increased by more than 5 percent in July when compared to July 2011 (depending on price range).

That’s not all that has South Florida home sellers excited!

Here’s a look at some other good news that has recently come out about the market:

  • In August, Broward County had fewer than 5,000 single-family homes for sale.
  • When compared to a year ago, Miami-Dade & Broward County’s inventory has nearly been cut by 40-50%.
  • Meanwhile, Palm Beach County’s home inventory was about 6,648 in August, which is 43 percent less than it was a year ago.
  • In Miami, the average price per square foot of Miami area homes was $155, down 4.3 percent from the same period last year.
  • Between July and September, the median sales price for Miami homes was $155,000, up 6.9 percent from the year before.
  • Also during that period, the total number of Miami home sales decreased by 11.6 percent.
  • Broward County’s unemployment rate decreased from 8.1 percent to 7.8 percent between July and August. This is good news for home sellers because it means that more home buyers are in a position to purchase a home.
  • Broward County’s unemployment rate is now better than the national average, which is 8.1 percent.
  • Meanwhile, Palm Beach County’s unemployment rate also fell to 9.6 percent, albeit that’s still higher than state and national averages.
  • Interest rates have continued to fall, with the average 30-year fixed rate falling to a record-setting 3.4 percent recently. Such low rates are sure to attract additional home buyers.

Still, the recent article I read noted that there are some ways in which the housing market can improve even more.

For instance, inaccurate home appraisals have been blamed in recent years for delaying or costing real estate deals.

Experts are now calling for more accurate and consistent appraisals to aid in the housing market’s recovery.

Some are also saying that a slight increase in interest rates may increase home buyer demand since home buyers will feel a sense of urgency to invest before interest rates continue to climb.

Your Dedicated South Florida Real Estate Expert

The South Florida real estate market is a complicated industry with plenty of moving parts that may affect your experience as a home seller.

So for an optimal experience that results in you selling your home in a short amount of time and for a great price, please contact me, Scott Patterson.

I have years of experience working on the South Florida real estate market and I’ll be happy to provide you with invaluable advice, helpful home-selling resources and more!

Start today by requesting my free selling South Florida real estate eBook or a pre-listing package!

Until next time,

Scott

EWM International Realty is now Larger and Better than Ever!

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We have exciting news to share with you about our company’s parent company, Berkshire Hathaway.

Berkshire Hathaway has purchased the real estate franchise “Prudential” / Real Living and launch an entirely new brokerage brand for these agents: Berkshire Hathaway HomeServices.

Our South Florida real estate company EWM has been owned by Berkshire Hathaway for the last six years.

This new purchase, however, is guaranteed to make the company even stronger and more responsive to home buyer’s and home seller‘s needs.

Selling Real Estate in South Florida and Around the Country

Berkshire Hathaway has acquired Prudential’s agent network from Brookfield Asset Management.

Next year, Berkshire Hathaway and Brookfield will begin converting Home Services agents over to the new brand as well.

The new company will be based in Irvine, California and will be led by a team of Prudential Real Estate executives.

Here are some more facts of this recent deal:

  • Berkshire’s HomeServices of America (which already owns local brokerages with 16,000 agents in 21 states) will be the majority owner
  • The Prudential and Real Living brands will be eliminated over time.
  • Independent local brokers that HomeServices already owns will not have to switch affiliation but their branding will start to note that they’re owned by Berkshire Hathaway.

Your South Florida Real Estate Expert

By aligning ourselves with this new and improved super real estate company, EWM will have even greater access to real estate resources that will ultimately help you as the buyer or seller!

Thus, we’re quite thrilled about this newly formed real estate company!

If you’re considering entering the South Florida real estate market anytime soon, please contact me, Scott Patterson.

I’ll be happy to assist you as you navigate any one of the following South Florida markets:

Until next time,

Scott