I am looking for a condo in Miami beach with an ocean view. 2 bdrms 2 baths find me a great deal. Zaneta

Asked by Zaneta Koprowska, Canada Del Oro Estates, Oro Valley, AZ Wed Jan 5, 2011

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17
Wenceslao Fe…, , Miami, FL
Sat Jan 15, 2011
Hello, Zaneta. You sure know how to excite the real estate community :-)

I'm not sure how familiar you are with Miami Beach. The islands cover about 7 miles long and about 1 mile wide and 3 zip codes: 33139 (mostly South Beach), 33140 (mostly Mid-Beach) and 33141 (you guessed it...North Beach).

Whether you are renting or buying, each area will demand a very different rental and sales price. Since you posted your question mentioning Foreclosure in Oceanfront, I'm assuming you are buying.

Understanding what you want is critical. Ocean front property with direct ocean view is available at a premium over others.

There are 831 2/2 units for sale in all of Miami Beach. 74 are available for under $200,000, 339 are available between $200,000 and $499,999 and 418 are available for $500,000 and up.

Of the 831 total units available, 105 are in Waterfront buildings with Direct Ocean View. None are available for under $200,000, while 29 are available between $200,000 and 449,999 and 76 are being offered for $500,000+

As you can see, the choices are few and bargains can be found at any price range. The more critical questions are: Do you intend to live in the unit? How much work should the unit need? What condition and amenities should the building offer? Do you intend to rent the unit or enjoy it yourself or your friends, family and business associates? If you intend to rent it, what rate of return are you expecting? Among others...

Also, it is critical to understand how you will complete this purchase (cash or financed) and what advantages and disadvantages each offers. Even cash these days does not guarantee a purchase - only a place at the table - sometimes.

In short, there are many considerations including how to buy as a foreign national or if you intend to relocate, what will be necessary.

Buying a distressed property is also a major point and the agent you hire to work with should be a Certified Distressed Property Expert (find one at http://www.CDPE.com). Buying REO (foreclosed) or Short Sale (pre-foreclosed) property each requires a different set of rules.

In Miami-Dade, 64.8% of all properties sold (closed) in December, 2010 were distressed while only 35% or so were non-distressed sales (http://wp.me/p9Ggo-dJ). Choosing the right agent in this market is critical.

In addition, I can provide information, guidance and access to every single property listed by all agents since we all cooperate and share the commissions (these are typically paid by the seller).

This also means that, once you choose to, work with me, you will not need to speak to anyone else since I have access to the same database they have.

I invite you to click the link below and perform your own searches or even at the following website: http://tinyurl.com/SearchMiamiBeach, then contact me for a complementary, no-obligation consultation.

All the best.
Web Reference:  http://BuyMiamiBeach.Info
1 vote
Irina Karan, Agent, Aventura, FL
Wed Jun 6, 2012
Hello Zaneta,

Great deals come up every day...

Instead of guessing - please let us know your search criteria - price point, age of the building,
view (ocean/intracoastal canal), if lower maintenance fee is important to you, if you are buying for yourself or investment (some condos don't allow rentals or limit them - as in "no rental the 1st year" etc.) Also - if you'll be financing or buying cash.

If cash - you can pretty much buy any condo. If you need financing - we need to speak on how to buy a financable condo...

This will help the deal you are looking for. Good timing - summer prices are just a bit more flexible.

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
0 votes
Juan Diego F…, Agent, Doral, FL
Mon Jun 4, 2012
Well, I found my home in here in the Miami Beach area using http://www.fernandezhomes.net. With this team of amazing miracle workers, i was able to find my dream home here in Miami AND at a cheaper price! I always make sure to recommend them to everyone i know! Hope you check them out!

They worked with me at my own pace and the results ended up being incredible! Originally my home was listed for $70,000 more than what I ended up purchasing it for and all because of their talent!
0 votes
SophieMiamiB…, Agent, Miami Beach, FL
Sat Jun 2, 2012
There are amazing 2 bedroom ocean front condos available in Miami Beach.

I could send you some listings for you look at if you wish



Best,
Sophie Bamps
Engel & Voelkers Miami
(305)206-8867
sophie.bamps@engelvoelkers.com
0 votes
Claudio Rive…, Agent, Miami, FL
Wed Feb 9, 2011
I specialize in helping condo buyers in Miami. You may log on to my site and register for a free list of foreclosure listings sent to you on a daily basis.

http://www.findmiamibeachcondo.com
786-942-1194
Claudio Rivero
0 votes
Michelle Kan…, , Vero Beach, FL
Tue Jan 11, 2011
Hi Zaneta, I am a Florida Native born and raised in Miami Beach. I have experience with foreign buyers for luxury purchases and second homes/condos. If you want the best in customer service please contact me and our team will help make this dream a reality.
A tres bientot!
Michelle Kantzler
772-538-4017
0 votes
Diana Drake, , Miami Beach, FL
Sat Jan 8, 2011
Hi Zaneta,

As a Canadian, you must have at least 30% down plus closings costs, figure at least 35% cash. A proof of funds letter from your bank will have to be submitted with your offer. Consult one of your local bankers familiar with purchasing property in the States for details about financing a condo property in the US, so you will be comfortable transferring funds and know what to expect about requirements for you to be approved for financing and condo purchase , here.

You will find on mine http://www.buymiamioceanfronthome.com and other agent's web sites listings that are available for general advertising. You can get a good feel for what's available and the related pricing by visiting any of them. Licenced Agents have access to many more listings. Call 786-285-4881 or email diana@buymiamioceanfronthome.com I'll be happy to help you, Good Luck
0 votes
Claudio Rive…, Agent, Miami, FL
Thu Jan 6, 2011
If you are looking for a condo in Miami beach you should stop by my site http://www.findmiamibeachcondo.com. You can search for a condo in any price range and also can find foreclosure oceanfront properties. I specialize in helping buyers in the condo market in Miami. I have had experience as a condo president and at one time worked in codo management. This knowledge has helped in the past to make sure my customers are purchasing in a condo that does not have problems.

I am confident that I can help you find what you are looking for. There are many good agents that have responded to your request. If you have spoken to them already good luck.

Claudio Rivero
RE/MAX United Realty
786-942-1194
http://www.claudiorivero.remax.com
0 votes
Marc Sacheli, Agent, Miami Beach, FL
Thu Jan 6, 2011
This is where the best deals are:
0 votes
Greg Schreib…, Agent, Palm Harbor, FL
Thu Jan 6, 2011
Zaneta,

I invite you to our website http://www.condovultures.com . Also, I can set you up with a listing book account that
will allow you to search properties at your leisure. You will also receive daily updates on properties that fit your criteria.

Best,
Greg Schreiber
CVR Realty
1005 Kane Concourse #205
Bal Harbour, FL 33154
gregschreiber@cvrrealty.com
786.223.3324
Web Reference:  http://www.condovultures.com
0 votes
Edyta Gryc, Agent, Naperville, IL
Wed Jan 5, 2011
Pani Zaneto-Pozdrawiam ze slonecznej Florydy,

Please feel free to contact me and I will be happy to assist you with finding an apartment in Miami beach area. I will need additional information like your budget, max. HOA monthly fee etc.

Edyta Gryc
Broker-Associate
Coral Shores Realty
Edytaln@yahoo.com
954-319-0709
0 votes
Beth Jenkins, Agent, Miami Lakes, FL
Wed Jan 5, 2011
Hi Zeneta,
There are lots of great deals, as you see from all of the answers!
It depends on your budgest and cash or financing options of course, but on the link below are what I consider the best deals for the money.

http://sef.mlxchange.com/Pub/EmailView.asp?r=298708440&s…

It is best to find a realtor who can answer all of your questions and address your specific issues, because any realtor can show you all of the available properties.

I would be glad to assist you, feel free to contact me.

Beth Jenkins
South Florida Brokers
bethjenk1@gmail.com
786-374-4778
Web Reference:  http://www.arealtyteam.com
0 votes
Roxanne Font…, Agent, Miami Beach, FL
Wed Jan 5, 2011
Good evening Zaneta,
I don't know what your budget is but I have a listing that is quite lovely 6 blocks from Bal Harbour. It has been completely updated with state of the art appliances and washer/dryer. Please email me at roxannefontaine@gmail.com so I can give you access to the listing.
Thank you,
Roxanne Fontaine
0 votes
Andre Shambl…, Agent, Miami, FL
Wed Jan 5, 2011
I have three units on Miami Beach. One at Bath Club, another at Mei and a third at the Carlyle. For more information on these units and others please give me a call or send an email: info@OnePlaceOpenHouse.com
0 votes
Kathya Masis, Agent, Miami Beach, FL
Wed Jan 5, 2011
Hello Zaneta,
I have a spectacular ocean view, 2 bedroom 2.5 bathroom listing on Millionaire's Row (58th and Collins Ave) at a foreclosure price but without the foreclosure hassel. The unit is move in ready and does not require any renovations. Please send me an email at kathyamasis@platinumcondos.com so I can send you photos and additional information on the Ocean Front unit.

Sincerely,
Kathya Masis
kathyamasis@platinumcondos.com
0 votes
Mott Marvin…, Agent, Sunny Isles Beach, FL
Wed Jan 5, 2011
Zaneta K.

There are still lots of great deals to be made. Many of the
0 votes
Guillaume Va…, , Miami Beach, FL
Wed Jan 5, 2011
Hello Zaneta,

First what do you consider a great deal? There are lots of properties that are available currently in foreclosure or short sales in Miami Beach. If you could email me at vargas.guillaume@gmail.com with some information about how you plan to finance this purchase and how much you are wanting to pay for the condo that would be great. I am a realtor with Keller Williams in Miami Beach. I know the area very well and would be pleased to assist you.

Thanks,

Guillaume Vargas
0 votes
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