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Sunny Isles Miami Real Estate Blog

Sunny Isles Beach Condos For Sale Miami Beach Homes For Sale

By Katerina Brosda | Broker in Sunny Isles Beach, FL
  • Miami-Dade Lot/Land For Sale in The Redlands [Homestead], Florida

    Posted Under: General Area in Redland, Home Buying in Redland, Home Selling in Redland  |  July 25, 2012 2:06 PM  |  1,593 views  |  No comments

    Property values in The Redlands, an agricultural community in metropolitan Miami, Florida, about 20 miles (32 km) southwest of Downtown Miami are part of Miami’s real estate boom with exploding property and land values. Many farms, original clapboard homes of early settlers, u-pick'em fields and coral rock walls dot the landscape. Redland is named for the red clay that dominates the area, on top of a massive layer of oolite rock. The entire area is nourished with pure water from the Biscayne Aquifer.

    The Redlands have been a source of amazement to agriculturalists, botanists, and naturalists around the world, including John James Audubon and David Fairchild.

    Some are referring to the area as the "New Hamptons", since there are many people from the northern states buying property and moving into the area.

    Brosda and Bentley Miami Realtors, one of the premier real estate brokerages in Miami, just listed a 10 acres property on Tennessee Road neighboring the renowned Miami Castle built by Architect Charles Sieger’s for his own residence and a short drive away from the famous Schnebly Redland's Winery and Miami Brewing Company.

    Many houses built in the area must be on a minimum of 5 acres (20,000 m2) of land, a law put into place to thwart development that has so far worked perfectly to preserve the area.

    Peacocks live abundantly and freely within the many groves. Redland has also been designated a Wild Bird Sanctuary.

    The property listed by Brosda and Bentley Miami Realtors is ideal for a very private and secluded equestrian estate to be built or for a naturist family to pursue an organic, ecological self-sufficient lifestyle. The particular area features many luxurious mansions and estates hidden from the road by lush landscaping.

    More information is available from Brosda and Bentley Miami Realtors at (786) 406-1757 or by visiting www.BrosdaandBentley.com .

  • Miami Real Estate Information Center (MREIC): Property list prices up 12.91 percent

    Posted Under: General Area in Miami, Home Buying in Miami, Home Selling in Miami  |  July 27, 2011 11:53 AM  |  1,502 views  |  No comments

    Florida’s existing condo sales rose 8 percent in June with a total of 7,922 units sold statewide compared to 7,330 sold in June 2010, according to the latest housing data released by Florida Realtors®. The statewide existing condo median sales price last month was $94,100; a year earlier, it was $92,300 for a 2 percent increase. The national median existing condo sales price was $165,400 in May 2011, according to the National Association of Realtors® (NAR).

    The National Association of Realtors (NAR) reports that the total residential international sales in the U.S. for the past year ending March 2011 equaled $82 billion, up from $66 billion in 2010. Total international sales were split evenly between non-resident foreigners and recent immigrants, while combined total domestic and international existing-home sales in the U.S. were $1.07 trillion.

    Miami has now become the main beneficiary of this growing global real estate investment trend. The Miami Association of Realtors reported that in the month of June 2011 alone, Miami experienced a 54% increase year-over-year in condo sales. Most of those sales were to international buyers, who mostly purchased in cash.

    Miami also experienced a 12.91 percent year-over-year increase in median property list prices.

    The Miami Real Estate Information Center (MREIC) has licensed agents that can assist consumers with their greater Miami real estate sale or purchase and can be reached at (786) 406-1757
    Miami Real Estate Information Center (MREIC)

  • Golden Shores Home Video in Sunny Isles Beach

    Posted Under: General Area in Sunny Isles Beach, Home Buying in Sunny Isles Beach, Home Selling in Sunny Isles Beach  |  November 3, 2010 3:26 PM  |  2,206 views  |  No comments

    Sunny Isles Beach in Florida, a barrier-reef island at the northern tip of Miami-Dade County is known for its lavish and luxurious oceanfront condos. Donald Trump has built 5 residential high-rises towering over the Atlantic Ocean and it is also home to the Trump International Hotel and Resort.

    Sunny Isles Beach was named the #1 emerging travel destination in the United States by Trip Advisor. Very few people know, however, that Sunny Isles Beach is also home to a small stretch of  waterfront mansions and idyllic Mid-Century homes. Golden Shores for example is a residential community in the heart of Sunny Isles Beach within walking distance to the new K-8 Sunny Isles Beach Community school.

    Golden Shores features Art Moderne Bungalows and other Mid-Century architecture that was frequently employed in residential structures with the goal of bringing modernism into America's post-war suburbs. This style emphasized creating structures with ample windows and open floor-plans with the intention of opening up interior spaces and bringing the outdoors in. Many Mid-century houses utilized then-groundbreaking post and beam architectural design that eliminated bulky support walls in favor of walls seemingly made of glass. Function was as important as form in Mid-Century designs, with an emphasis placed specifically on targeting the needs of the average American family. Examples of residential Mid-Century modern architecture are also frequently referred to as the California Modern style.

    A beautiful example of such architecture is the Golden Shores 'White House' a variation on Art Deco architecture, though it emphasizes a simple geometric form, is sleek in appearance and purposefully stripped of any ornamentation or excess. 

    The Golden Shores 'White House' is a trophy property in Sunny Isles Beach for the connoisseur of Bauhaus-style architecture and living. Located on a very quiet side street of off buzzling Collins Avenue, it is only a short stroll to the beautiful sandy beaches of Sunny Isles Beach. The backyard is quiet, tranquil and has a classic Delano feel.

    Brosda & Bentley Realtors® is the premier Miami real estate resource for home buying, home selling, financing and property listings in Aventura, Sunny Isles Beach, Golden Beach, Bal Harbour, Surfside, Miami Beach and Downtown Miami

  • Median home prices increase by 13.3 percent over five-year period

    Posted Under: General Area in Miami Beach  |  November 19, 2008 6:05 AM  |  810 views  |  3 comments

     

    Sunny Isles Beach, Fla., Nov. 19, 2008 – Sales of existing single-family homes in Florida rose 5 percent in third quarter 2008 compared to the same period last year, according to the latest housing statistics from the Florida Association of Realtors® (FAR). A total of 33,203 existing homes sold statewide in 3Q 2008; during the same period last year, a total of 31,558 existing homes sold statewide.

    “Coming on the heels of positive sales activity in September, Florida’s existing home sales are once again above year-ago levels in the third quarter,” says 2008 FAR President Chuck Bonfiglio. “Despite lending restrictions and the difficulties of finding affordable credit, we’re seeing buyers take advantage of homeownership opportunities in the current market – buyers who want to make a long-term investment in their future. And, more than ever, people are turning to Florida Realtors to find the professional expertise, knowledge and friendly guidance they need to make the complex process of buying or selling their home go more easily and smoothly.”

    The statewide existing-home median sales price was $185,400 in the third quarter; a year ago, it was $233,200 for a decrease of 20 percent. In 2003, the third-quarter statewide median sales price was $163,700, which reflects an increase of about 13.3 percent over the five-year period. The median is a typical market price where half the homes sold for more, half for less.

    Twelve of Florida’s metropolitan statistical areas (MSAs) reported increased sales of existing homes in the third quarter compared to the same three-month-period a year ago, while seven MSAs also showed gains in condo sales. A number of local markets have reported increased sales activity over the past few months, according to FAR.

    Florida Realtors continued to report positive signs for the state’s housing sector in the third quarter, including an increase in pending home sales (based on contracts signed but not closed) and a slower rate of expansion of inventory levels in some areas.

    To gain insight into current trends in Florida’s real estate industry, the University of Florida’s Bergstrom Center for Real Estate Studies conducts a quarterly survey of industry executives, market research economists, real estate scholars and other experts. According to the third quarter 2008 survey, the investment outlook for various types of properties remains steady. “People who have responded to our surveys have not lost their faith in Florida as a place to be and a place to invest,” said Dr. Wayne Archer, director of UF’s Bergstrom Center for Real Estate Studies. “We have 40 pages of comments from our respondents, and although the dominant theme is the disruption of financing, perhaps the second theme, as one person put it, is people being on the sidelines with full pads and helmets just waiting to jump back in.”

    Over the long term, Florida stands to benefit from the migration of new residents, particularly as baby boomers age, Archer said, adding that the Sunshine State’s mild climate and outdoor amenities continue to make it an attractive retirement destination.

    In the year-to-year quarterly comparison for condo sales, 9,472 units sold statewide for the quarter compared to 9,680 in 3Q 2007 for a 2 percent decrease. The statewide existing-condo median sales price was $160,000 for the three-month period; in 3Q 2007, it was $196,000 for an 18 percent decrease.

    Continuing low mortgage rates remain another favorable influence on the housing sector. According to Freddie Mac, the national commitment rate for a 30-year conventional fixed-rate mortgage averaged 6.32 percent in third quarter 2008; one year earlier, it averaged 6.55 percent.

 
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