Skip to main content
Berkshire Hathaway HomeServices | EWM Realty
954-661-8871

Tag Archives: Golden Beach Florida

South Florida Real Estate Market Update for First Quarter, 2011

access_time

Our South Florida real estate company is expected to sell more total South Florida properties this year than ever before , according to Ron Shuffield, president of our company, Esslinger-Wooten-Maxwell, Inc. Realtors

Here’s some of the  South Florida real estate market news Ron recently shared with us:

  • Miami home and condo sales in the first quarter are up by 38 percent year over year.
  • Broward County home and condo sales in the first quarter are up by 9 percent year over year!
  • There is 55 percent less South Florida property inventory than three years ago.

All of this is great news for both South Florida home buyers and South Florida home sellers.

For South Florida home buyers, it means that they can find great deals on homes on the South Florida real estate market. After all, the median sales price has been steadily dropping over the last four to five years.

For South Florida home sellers, it means that the market will soon begin shifting in their favor.  Think about it:  the more home sales there are, the less inventory there is on the South Florida real estate market.

That scarcity of homes for sale, coupled with the demand for South Florida real estate, means that home prices will start to climb once again.

Learn more about the current state of the South Florida real estate market by watching the below video from our company’s president.

Entering the South Florida Real Estate Market

If you’re thinking about entering the South Florida real estate market as a home buyer or home seller, contact me, Scott Patterson, your South Florida real estate expert, today.

I’ll provide you with a number of invaluable South Florida real estate resources and help make navigating the South Florida real estate market easier for you and your family.

Until next time,

Scott

Brazilians Play a Major Role in the South Florida Real Estate Market, Reports Show

access_time

Brazilians are playing an increasingly important role on the South Florida real estate market, according to recent South Florida real estate market data.

Although Brazilians have been investing in Miami real estate since at least the 1990s, there seems to have been an increase in recent years.

This trend is partly because of the favorable currency conversion rate as well as increased Brazilian spending power, experts say.

Here are some more recent findings as they relate to Brazilian home buyers on the South Florida real estate market:

  • According to a recent Franklin Templeton survey of foreign investors,  70 percent of  Brazilians surveyed said they plan to invest money overseas this year.
  • Miami is ranked 8th for foreign investment in real estate in the United States.  New York, Washington, DC, Boston and San Francisco are the top places for foreign investment.

Investing in South Florida Real Estate

In addition to a favorable conversion rate, there are plenty of reasons to explain why so many Brazilians are choosing to invest in South Florida real estate:

Purchasing a South Florida Home or Condo for Sale

Have you recently been considering relocating to South Florida? If so, you’ll want an experience South Florida REALTOR to guide you through the process.

Contact me, Scott Patterson, today to learn more about all of the South Florida home buyer resources we offer to South Florida home buyers, including:

Until next time,

Scott

Exclusive Golden Beach Home Sells for Record Price in South Florida

access_time
Pleased to announce I just “Sold and Closed” 419 Centre Island in Golden Beach Florida 33160 for a record sales price last week.

Here’s a snapshot of this successful South Florida real estate sale, which closed last Friday:

  • Sales Price: $6,300,000
  • Close Date: April 14, 2011
  • International Buyer from Brazil
  • Year Built: 2000
  • Size: 5 bedrooms, 6 bathrooms
  • Square Footage: 9,663 square feet
  • Fact: Highest sales price for an Intracoastal waterfront home in Golden Beach since 2007.

 

Relocating to Golden Beach, Florida

Situated on the Miami-Dade and Broward County line, Golden Beach Florida is an exclusive place to call home.

Not only is this elite community a lot more tranquil than the bustling city of Miami, but it’s also within minutes of such fine recreational amenities and regional attractions as:

  • The Golden Beach “Private Beach Pavilion”
  • The Shoppes of Bal Harbour
  • Aventura Mall
  • John Tweddle Park
  • Miami International Airport
  • Fort Lauderdale-Hollywood International Airport
  • South Beach
  • And more!
Golden Beach is also considered one of the most exclusive communities in South Florida.  With only 370 exclusive single-family luxury homes, there’s a select few that are privileged enough to have a Golden Beach address.

 

Search Available Listings in the Golden Beach Area Today!

If you would like to learn more about available listings in the Golden Beach area, then contact me, Scott Patterson, your South Florida real estate expert.

While you’re at it, feel free to check out some of the other exquisite communities near Golden Beach, including:

In each one of these communities, you’ll find top-notch single-family and condominium living options.

And with my brand new South Florida real estate web site, you can now search by price range. It’s just one of the many services we provide to South Florida home buyers to help make navigating the South Florida real estate market easier.

Until next time,

Scott

New South Florida Real Estate Website Unveiled to Help South Florida Home Buyers and Sellers

access_time

I  have some exciting news for interested South Florida home buyers and home sellers. We recently redesigned our website to make it easier for you to navigate the South Florida real estate market!

Here’s a look at some of the features we recently added or improved:

Personalized South Florida Real Estate Service

I strive to give every interested South Florida home buyer and home seller the best service possible.   That’s why we also added some of these social features to our website that helps us stay connected to you:

Thinking About Entering the South Florida Real Estate Market?

With our newly designed website, it’s never been easier to navigate the South Florida Real Estate market!

Contact me, Scott Patterson, your Aventura area real estate expert today, to learn more about what we can do for you.

Until next time,

Scott

South Florida Home and Condo Sales Start Strong in 2011

access_time

The year 2011 is off to a good start in the South Florida real estate market, according to a recent article in The Miami Herald.

The number of luxury condominiums and home sales in South Florida is resembling those levels seen in 2005. In fact, sales figures in Miami-Dade and Broward counties haven’t been this high in five years.

There were 1,262 sales of existing condos in Miami-Dade County in January, which is a 134 percent increase from January 2010, according to the Miami Association of Realtors

In Broward County, there were 1,318 condo sales in January, which is a 27 percent from the same month last year.

Single-family home sales in Miami-Dade and Broward counties increased by  55 percent and 18 percent respectively from January 2010.

A Shift to a Home Sellers Market?

Although area foreclosures continue to pull the median sales price for South Florida homes downward, experts are saying that the increased activity in South Florida home sales as well as the shrinking inventory of homes on the market may have a counter effect.

As South Florida home prices begin to rise, the market might switch from being a buyer’s market to a seller’s market.

South American buyers, enjoying a favorable conversion rate to the U.S. dollar, are expediting this switchover by investing in the South Florida real estate market in large numbers.

Still, the South Florida real estate market seems to be a buyer’s market at this point, as evident by some recently released data:

  • The median sales price on Miami-Dade condos was $91,200 in January, which was a decrease of 36 percent from 2010.
  • In Broward County, the median sales price rose slightly – by 2 percent – to $68,900.
  • The median sales price for Miami-Dade single family homes fell 18 percent to $150,800 when compared to January 2010.
  • The median sales price for Broward County single family homes dopped by 5 percent to $165,100.

Ready to Enter the South Florida Real Estate Market?

If you’re the kind of home buyer who loves a good deal, now is a great time to enter the real estate market.  Prices are still low, more financing has opened up and interest rates are still at record lows.
Recent signs in the market, however, suggest that the South Florida real estate market is shifting toward a seller’s market.  Once that happens, prices on luxury condominiums and homes will inevitably rise.
Contact me, Scott Patterson, your Aventura real estate expert, today to learn about available listings in some of our luxury Aventura condominiums, including:

While you’re at it, feel free to check out some of the other amazing South Florida communities, including Bal Harbour, Golden Beach, Hallandale and Hollywood.

More Groups Are Investing in Broward County, Florida Luxury Condominiums

access_time

Broward County properties have become an increasingly hot commodity in recent months, as evident by two recent bulk condo deals in the South Florida county.

Miami-based Sonata Grand LLC recently purchased 22 units at Sonata Beach Club for $9.7 million in Pompano Beach, according to the Sun-Sentinel.

And a couple of weeks ago, Village East Investment LLC purchased 68 units at Village East in Fort Lauderdale for $7.65 million.

These deals are the latest in a string of multi-million dollar investments in the area. Since 2008, there have been 71 bulk deals in Broward, Miami-Dade and Palm Beach counties totally more than $2.1 billion.

Many of these investors end up turning around and selling these units to international buyers, many of whom are purchasing with cash.

This was the case of Aventura-based McKafka Development Group, which purchased 64 units at Las Olas by the River in July for $8.7 million.  Since then, the company has sold 50 of the units to international buyers, many of whom have paid cash.

Buying a South Florida Condo for Sale

As an experienced South Florida REALTOR, I’ve worked with dozens of South Florida buyers who have purchased property at some of the most desirable luxury condominium communities in the area.

I take pride in representing South Florida buyer interests and helping to get home buyers the best deal possible on their South Florida condominium.

If you’re interested in learning more about buying a luxury condominium in Aventura, Golden Beach, Hallandale and other neighboring communities, then contact me, Scott Patterson, your South Florida Real Estate Expert.

I also suggest you take some time browsing some of these South Florida condominium communities, including:

2010 Golden Beach Florida Real Estate Market Report

access_time

Given its relatively small size, Golden Beach in South Florida sure has been a prominent force in the South Florida real estate market.  From major town renovations to celebrity residents, the coastal town has continued to show a commitment to excellence for its residents.  Today, Golden Beach is one of the most exclusive communities in South Florida.

I recently analyzed all of the 2010 sales data for the Golden Beach real estate market, which I’ve provided below.  If you are in the market to buy or sell real estate in Golden Beach, you’ll definitely want to check out this information before you enter the market.

Continue reading →

Newly Listed Elegant Golden Beach Waterfront Estate

access_time

Sparkling vistas create the ideal setting for this extraordinary estate on the  Intracoastal waterway in Golden Beach that I just listed. The amenity-rich estate epitomizes lavish living in South Florida.

Offered at $7,495,000, some of the appointments include:

* Intracoastal views
* 5 Bedrooms
* 6.5 Baths
* Over 10,700 sq.ft.
* Award winning home theater
* Library
* Formal dining, living and family room
* Marble pool deck and new solid concrete dock
* Lutron and Crestron systems
* Electronic gate entry
* Private beach for Golden Beach Residents

Desirable for it’s location as well as its scenery, the exclusive Golden Beach community offers endless opportunities for nearby shopping and entertainment.

Town of Golden Beach To Undergo Facelift

access_time

Golden Beach’s $14.5 Million Dollar Capital Improvement Project

Beginning the month of October Golden Beach will begin construction on their vision for beautifully landscaped, pedestrian friendly streets.  Safety and security.  The project is expected to last nearly 3 years and includes improving Ocean Boulevard with new five-foot sidewalks with concrete pavers and crosswalks, new landscape and lighting as well as 24-hour monitored infrared security system.  The project also calls for installation of new drainage systems and replacement of unsightly overhead utility lines with an underground system providing for a more attractive appearance.  The carefully planned project will be completed half-block at a time.  Improvements to the street include a new sidewalk, expanded driving lanes and new landscaping.  Although there will be some inconveniences the residents of Golden Beach believe it will be well worth it.

I am sure in 3 years Golden Beach will look like a new town and the more polished appearance will only increase Golden Beach’s Property values.

Scott Patterson

Golden Beach Real Estate

City Of Golden Beach Florida News

access_time

Grand Opening of Golden Beach Florida’s Newly Renovated Beach Pavilion

The Golden Beach Pavilion project has been completed.  The Pavilion is a focal point of the town and is only for the use of Golden Beach residents.  Among the renovations to the revamped Pavilion are wireless internet access, new furniture, renovated restrooms, landscaping to the parking lot and a new facade.  Total renovation costs are estimated around $700,000.00.  The Grand Opening was held this past Sunday September 14, 2008.

Golden Beach Residents Have Access To A Private Beach

The Beach Pavilion can be reserved by residents for parties or special occasions and is located at the Strand and Ocean Boulevard.  The community of Golden Beach is one of the only ones to offer it’s residents and registered guests access to a private beach.  Many of the Golden Beach properties are located on the intracoastal and it’s waterways or directly on the Atlantic Ocean.