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Tag Archives: Aventura Florida

High End Real Estate Sales Making a Comeback in the Aventura Florida Real Estate Market

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A new record was recently broken in the South Florida real estate market when I closed on 3903 Island Estates Drive in Aventura in December, it became the highest priced sale on an Aventura single family home since 2006 and the 2nd highest priced sale for a single family home ever.

This gorgeous 6 bedroom, 8.5 bathroom new construction home sold for $4,350,000 in December, it was a cash transaction.

Luxury Home Sales Picking Up in South Florida

Our recent closing on 3903 Island Estates Drive illustrates a larger trend in the Aventura real estate market.  Wealthy home buyers are returning to the luxury housing market en masse.  Why? Because this is the perfect environment for buying a luxury South Florida property:

  • A stronger stock market has boosted home buyer confidence
  • Low interest rates have created a buyer’s market in Aventura, Florida
  • Signs abound that prices for luxury properties have bottomed out , giving South Florida home buyers yet another reason to enter the market.

All of this has led to an increase in home and condo sales in Miami-Dade and Palm Beach counties.  In December, there were at least 5 condo sales in Palm Beach County that sold for more than $2 million.  Twenty-five houses also sold for more than $2 million in Palm Beach County.

In Miami-Dade County, at least 10 homes and 15 condos sold for more than $2 million in December.

The spike in real estate activity can be largely attributed to foreign buyers such as Canadians and Brazilians wanting to take advantage of the low prices on condos, said Ron Shuffield, president of our company, Esslinger-Wooten-Maxwell, Inc. Realtors. That factor definitely played a role in the recent sale of 3903 Island Estates Drive: the buyer was Brazillian.

Buying an Aventura, Florida Property For Sale

Given the allure of buying a high-end property in Aventura, it’s easy to understand why the inventory of luxury properties for sale is falling.  Contact me, Scott Patterson, today to learn about available listings in Aventura, as well as our other beautiful South Forida communities, such as Hallandale and Golden Beach.

2010 Real Estate Year End Review Video

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The year 2010 showed positive signs of growth in the South Florida real estate market.  We sold twice as many homes in 2010 than we did two and a half years ago, according to Ron Shuffield, president of our company, Esslinger-Wooten-Maxwell, Inc. Realtors

What does that mean for the Miami Dade and Broward County home buyer?  Lower list prices on South Florida homes for sale coupled with record low interest rates has created an amazing South Florida home buyers market.  And the value on these South Florida homes is only going to rise.

Learn more about why our company’s president believes values on Florida homes will continue to increase through 2011 by watching the video below.

If you’re interested in learning more about South Florida real estate, contact me, Scott Patterson, your South Florida real estate expert, today.  I’ll let you know about all of the available listings in the beautiful communities of  Aventura, Golden Isles, Golden Beach, Hollywood Lakes, Harbor Islands and more!

New Aventura Arts & Cultural Center Opens in Aventura Florida

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For years, South Florida residents had to travel deep into downtown Miami’s core before they found a cultural or performing arts venue.  But those days are over!   With the recent opening of the new Aventura Arts & Cultural Center, residents are just a quick drive from a venue that has proven to have cultural clout in the surrounding community.

The  Arts & Cultural Center  is one of the many ways that Aventura officials are improving quality of life for the residents of this South Florida city.

Continue reading →

Panoramic Splendor From Williams Island Tower Suite In Aventura

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Since 1985 when the first condo tower was built until today, Williams Island has been known for it’s excellent location and lifestyle of unusual luxury.  From the tennis center, fitness center, marina, the Williams Island spa and Island Club restaurant, every amenity can be found on the Island.

Villa Marina located at 7000 Island Blvd. Tower Suite 3004

Features:

  • 3 Bedrooms
  • 3 Baths
  • 2,690 sq.ft.
  • Ocean, Intracoastal & City views
  • Private Elevator
  • Completely remodeled unit
  • Contemporary European design
  • Scavolini Kitchen
  • Master Bath with infinity tub and Steam shower
  • Marble, oak and stone floors from Italy

*Offered at $1,249,000 (poolside 300 square foot cabana offered for $90,000)

Real Estate Pricing is Key !

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I listed PH4 at the 7000 Building in Williams Island and in less than a week it was under contract for almost full price. If you price it right it will sell ! Whereas another penthouse in the building has been on and off the market since 2004 starting at $3.1 million to now $1.750 million.

When a Listing is on the market for a long period of time, it becomes stale. PH4 pictured below was listed for $1,495,000 and sold for $1,485,000 in less than a week, this was a cash transaction and an International Buyer. The seller was realistic in his asking price and the Buyer recognized its great value and therefore paid almost list price. If a Buyer sees value and you price it right from the start you have a great chance of selling it quicker.  Pricing is an important factor especially in today’s real estate market.

For real estate information on your condo or home, contact me anytime.

New Listing at Island Estates, A Private Island Community

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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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Golden Pointe A Gated Townhouse Community In Aventura Florida

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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

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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

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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