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Tag Archives: 33180

8 Year Snapshot of Single Family Real Estate Inventory In Miami Dade County

As a follow up to my recent real estate blog illustrating the Broward County 8 yr. real estate inventory, here is the 8 year graph of the Miami-Dade County single family market. This is a great illustration to truly understand the market, as you will see Miami-Dade and Broward Counties have similar graphs but keep in mind this is a summary of all the single family inventory and all price ranges in Miami-Dade county.  To completely understand the market, you need to remember the market is “Community Specific”, “Area Specific” and/or “Building Specific”, in other words you cannot compare one community to another as well as water v.s. non-waterfront.  Every city, community and subdivision is different and to get real specific information about communities such as: Golden Beach, Aventura, Sunny Isles, The Point of Aventura, One Island Place and Presidential Estates we would need to dissect them individually.

If you would like to get real estate stats on your community, feel free to contact me.

New Waterfront Townhome Listing in Porto Vita

The Porto Vita Community located in the heart of Aventura is composed of luxury condos (South and North Tower) and townhomes.  Porto Vita is a gated community offering the pinnacle in lavishness and sophistication with amenities such as spa, swimming, tennis courts, fitness center, concierge service, resident club and 21-slip marina.

My new listing pictured above is located at 3750 NE 1999 Terrace.  Below are some appointments.

Appointments:

  • Three Stories
  • Elevator
  • 4 Bedrooms, 4.5 Baths
  • 4,033 + sq.ft.
  • 60′ deeded dock
  • pool
  • 2 car garage

Offered at: $1,950,000

For additional information about this listing visit my website at Porto Vita Waterfront Townhome

New Listing at Island Estates, A Private Island Community

New Mediterranean custom built single-family waterfront home is Island Estates, a private island community in Aventura, Florida.  Residences boasts more than 6,700 square feet of luxury, 6 bedrooms, 8.5 bathrooms, convertible loft, elevator, fireplace, gourmet kitchen and wine/wet bar are among the features.  Expansive waterfront views, French doors leading to terraces, heated pool/spa and summer kitchen set the scene for casual gatherings.  Offered at $5,900,000.

3903 Island Estates Dr.-16273903 Island Estates Dr.-1575

View all active active listings in Island Estates Aventura Florida.

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The Point of Aventura “Sold Price Per Square Foot”

The Point of Aventura is a waterfront community comprised of five towers and courtyard homes located in the heart of Aventura Florida along the Intracoastal waterway. Amenities include Intracoastal pool, Club and Spa (cardio and weight room), tennis courts, childrens playground, game room,  restaurant and salon.  Each tower has unique views to offer of the  Atlantic Ocean, Intracoastal and City.

The Point

Highest and Lowest sale per/sq.ft. in the Past 6 Months
– Highest: Atlantic II Unit #2401 sold for $322 sq.ft. on 8-14-2009 for $850,000 (see unit) 21150 Point Place #2401-6244

– Lowest: Atlantic I Unit #704 sold for $197 sq.ft. on 5-26-2009 for $625,000 (see unit)

See all closed sales in the past 6 months

A really great tool for determining the list price for a property is to find out what the current Absorption Rate and Months Supply of Inventory is at the time.  It is beneficial in assisting  Sellers and Buyers to better understand the market and forecast trends.  Absorption rate is the time it takes to sell the current inventory at the present rate of sales, currently the absorption rate for The Point Condos is 3.92 p/month, therefore on average 4 listings are selling every month.

When it comes to Months Supply of Inventory a  supply of 6 to 9 months is optimum and anything over 9 months is generally considered a Buyer’s Market.  Currently there is 13 months supply of inventory at the Point.

For information on active listings or additional information please contact me anytime.

Hamptons South of Aventura Active Listings

Hampton’s South is one of Aventura’s Luxury condo buildings.  It was built in 2004 and is located along the Intracoastal Waterway overlooking Golden Beach and the Atlantic Ocean.  20201 E Country Club Dr-345Some of the developments amenities include: Intracoastal pool, tennis court pavilion, fitness center, private elevator to each unit and valet service.  Hamptons South is located across from the exclusive Fairmont Turnberry Isle Resort & Club, Golf Course, jogging trail and minutes to the Shops of Aventura Mall.

Currently there are 21 Active Listings, below is the Average Price Per Square Foot for Active Listings based on the bedroom count.

What are you in the Market for?

If you are in the market for a 2 Bedroom: Average Price/Sq.Ft. = $150.00
If you are in the market for a 3 Bedroom: Average Price/Sq.Ft. = $379.00
If you are in the market for a 4 Bedroom: Average Price/Sq.Ft. = $375.00

Check out the newest listing in Hamptons South

20201 E Country Club Dr-26

Quick Facts:
Unit# 2409
3 Bedrooms plus den/media room
3.5 Baths
Over 3,260 sq.ft.
Unobstructed Intracoastal, ocean and golf course views
Highly upgraded

View all 21 Active Listings in Hamptons South

Golden Pointe A Gated Townhouse Community In Aventura Florida

Golden Pointe is a waterfront gated townhouse community. There are a total of 78 townhouses, some are on the water and some are on the dry side, they range in size from 2 to 3 stories and from 1,900 to 2,800 square feet.  Golden Pointe is part of the Waterways of Aventura which includes The Shoppes of The Waterways, restaurants, post office and Marina.  Many residents walk and exercise along the promenade that is shared by the surrounding communities including The Point of Aventura.  There are currently 3 waterfront townhouses for sale in Golden Point, below are the details.

20944 NE 37th Avenue: 4 Bedroom – 2.5 Bath – 2,505 sq.ft. $850,000
3796 NE 209 Terrace: 4 Bedroom – 2.5 Bath – 2,505 sq.ft. $699,000
3744 NE 209 Terrace: 3 Bedroom – 2 Bath – 1,900 sq.ft. $698,000

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For additional information on these properties or any property feel free to contact me at 305.466.3070.

New Listing in Williams Island Villa Marina in Aventura

New Listing in Williams Island located in Villa Marina (The 7000 Bluilding) with stunning views of the Atlantic Ocean and Intracoastal Waterway feauturing two, three and four bedroom residences.  Williams Island caters to a luxury lifestyle and some of the amenities include Tennis club, spa and health club, restaurants and marina.

Williams Island Villa Marina Unit# 604

williams-island-7000-front-wm7000-willians-island-604-647000-willians-island-604-1817000-willians-island-604-22

Quick Facts Unit#604: 3 Bedrooms, 3 Baths, over 2,690 sq.ft., 2 parking spaces listed for $699,000 and currently the best priced 3 bedroom/3 bath “04” line unit in the development.

Recent Sales”04″ Line

Unit# 1104 closed for $770,000 or $286 sq.ft. on 4/22/2009
Unit# 2904 is currently pending scheduled to close 6/1/2009

Active Listings “04” Line

Unit# 604 (Featured) List Price: $699,000 or $260 sq.ft.
Unit# 404 List Price: $719,900 or $268 sq.ft.
Unit# 2804 List Price: $855,000 or $318 sq.ft.
Unit# 2704 List Price: $899,000 or $334 sq.ft.
Unit# 2604 List Price: $950,000 or $353 sq.ft.
Unit# 2104 List Price: $1,490,000 $554 sq.ft.
Unit# 3004 List Price: $1,770,000 $658 sq.ft. (includes 300 sq.ft. pool cabana)

For additional information on this or other units in Aventura please contact me at 305.466.3070

Porto-Vita Aventura Florida

Porto-Vita is an exclusive community located on the Intracoastal waterway and across from The Fairmont Turnberry Isle Resort & Club in Aventura Florida and is considered one of the elite (higher end) developments in South Florida. Porto-Vita offers two condo towers, mid-rise condos, as well as townhomes directly on the Intracoastal waterway. Porto Vita is a Lifestyle with the most ultimate amenities including The Villa Grande Club and a 21 slip private marina. Location is everything, between both infrastructures of Miami-Dade and Fort Lauderdale Florida and minutes from shopping at “The Aventura Mall”, “The Shops of Bal Harbour” and South Beach.

Current Market Data:

Active Condo Listings: 21 (List Price Range from $1,149,000 to $6,000,000)

Active Townhome Listings: 1 (List Price $2,495,000)

There have been 3 closed sales in the past 12 months at Porto-Vita and the highest price was a condo which sold for $3,600,000 in January 2008.

Marketing Hollywood Florida Real Estate with High-Tech Tools

In today’s competitive Hollywood, Florida real estate market, home sellers deserve the absolute best in terms of property visibility. You really do deserve the most sophisticated marketing plan for your South Florida property. And sophisticated South Florida buyers are targeting Golden Beach, Hallandale, Aventura and Hollywood luxury neighborhoods with pinpoint accuracy. How is this possible?

National Websites & Smart Phone Tools for South Florida Home Buyers

While it’s important for a South Florida real estate agent to provide typical neighborhood information like area maps, easy to use South Florida MLS property search tool, offer neighborhood information and hyper-local market stats on their personal websites, tech-savvy buyers are using even more creative resources to access South Florida neighborhood listings. In addition to my personal South Florida real estate website at BuySouthFlorida.com, a few of the creative ways I make sure your listing is exposed to the masses includes the use of high-traffic national websites, smart phone applications and of course, this South Florida real estate blog.

Creative Hollywood, Hallandale, Aventura, and Golden Beach Property Marketing Strategies

Below are a few strategies and tools used to market your Hollywood, Aventura, Golden Isles or Golden Beach property.

What Do You Expect?

What other creative marketing tools and strategies would you expect to see take place if you were to place your South Florida home on the market?