ba0008, Home Buyer in Miami, FL

Are the units available in 2000 N. Bayshore Dr. (Cite) a good buy at current listing prices.

Asked by ba0008, Miami, FL Thu Dec 27, 2012

Are these prices expected to go up with the construction by Genting?

Help the community by answering this question:

Answers

7
Soraima Alonso’s answer
Hi,
Integrity, Proffessionalism and Expertise on my line of work. I will take care of the transaction if it were my own. there's a few active listing in that area (32), price range on the 3/2 about $400k and 2/2 about $315k. If you have any question you can contact me at (786)486-8431 AgentA1.

Thank you..
1 vote Thank Flag Link Thu Dec 27, 2012
Genting is/was a wet dream of MH. It is highly unlikely that they will be able to set up casinos and hotels. there any time in near future. But again - it is Miami where the dreams come true for the investors..... We may build new stadium for the Dolphins on that spot instead with taxpayers money.
0 votes Thank Flag Link Mon Jan 28, 2013
There is a large number of over-priced units not only in this building but in the entire market area. I will consider it a "good buy" if you are able to secure the purchase of a unit within 10% of the average sales of similar units in the building for the past three months. In today's appreciating market you need to be a very active Buyer and work with a very active Real Estate agent to procure a "deal".
0 votes Thank Flag Link Sun Jan 27, 2013
The best way is to choose a real estate agent who would do a market analysis for you on all the units that are of interest to you.
0 votes Thank Flag Link Thu Dec 27, 2012
Hi ,
Their is a few beautiful villas available
3bed/3baths meditarrain style,call me
To set up showings if your interested
305 300 8540
Thanks
Anthony Khouri
0 votes Thank Flag Link Thu Dec 27, 2012
Hi,
There are several units available at Cite, the lowest being a short sale.
The listing prices are very competitive for the area, where many 2 bedroom units of the same size are much higher. I feel the units in the low 300's are priced well for the building.
See this link for the current listings in Cite:

http://sef.mlxchange.com/DotNet/Pub/EmailView.aspx?r=6134424…

The prices in this area have seen an exceptional gain the past 2 years due to the boom downtown created wiht the new construction, and the prices coming down about 30% overall. As far as Genting, I wouls not make any speculationon the project or completion date, as it is not fully approved. I feel the area will only improve in the future because of all of the other upgraes to downtown Miami.

I would be glad to assist you in your search, feel free to contact me directly.

Beth Jenkins
South Florida Brokerss
786-374-4778
bethjenk1@gmail.com
0 votes Thank Flag Link Thu Dec 27, 2012
This are the current listings at Cite: http://midtownmiaminow.com/properties/buildings/cite

Prices in the low $200 per sq ft is really good in this market. The near by buildings are selling in the mid $300 per sq ft. As the Genting project continues to become reality, prices in the area are expected to increase.
0 votes Thank Flag Link Thu Dec 27, 2012
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer