Top 3 Most Expensive Miami Beach Condo Sales – September 2010

There were 146 Miami Beach condos sold in the month of September of 2010 ranging from a $6.75 Million Continuum South Beach condo, to a $31,500 Fashion Condo in foreclosure in South Beach.  Out of the 146 sales, 8 of them were Miami Beach Condos over a million and 58% of September sales were distressed (short sales or foreclosures).  Murano Grande and Continuum South Beach keep appearing on our Top 3 almost every month – which means when it comes to Luxury…value is in the... Continue Reading »

Fisher Island Real Estate Market Report – September 2010

There are currently 123 Fisher Island Condos for sale: (same as last month) Highest priced listing: $30,000,000 for an exclusive Oceanside 5/5.5 home with artwork and all! Lowest priced listing: $159,000 for a studio at Marina Village (short sale) Pending Sales: 3 (4 less than last month) Closed sales in September : 2 (1 more than last month) The 2 Fisher Island condo sales in the month of September were the following: Palazzo del Mare – 7100 Fisher Island Dr #7121–... Continue Reading »

Fisher Island Condos drop 4 more spots in Forbes Most Expensive Zip Codes List

What’s going on with Fisher Island Condos? In 2007, Fisher Island tied with Alpine, NJ for first place in Forbes “America’s wealthiest Zip Codes“. In 2008 it was number 1 again! and all of a sudden dropped to 33 in 2009 and now to 37 in 2010. You have to admit that making the top 50 mark is no easy task, but a 32 spot drop while other small, wealthy and exclusive communities around the US are climbing, does make you think. The good news is that Fisher Island is... Continue Reading »

Chris Bosh buys North Bay Road Home in Miami Beach

UPDATE:  Chris Bosh from The Miami Heat has bought this incredible home for $12.5 Million according to The Miami Herald (We’ll confirm as soon as it closes on the MLS) – TODAY THE CLOSED SALE APPEARED ON THE MLS AS $12,333,000 (OCT 30TH, 2010) Chris Bosh is da’ bomb!! ….really.  I’ve never been a huge basketball fan, but the way he stood up to Justin Timberlake during The Tonight Show with Jay Leno and then the fact that he bought contemporary instead of “Mediterranean-wanna-be”…..just... Continue Reading »

Top 3 Most Expensive Miami Beach Condo Sales – August 2010

There were 123 Miami Beach condos sold in the month of August of 2010 ranging from a $2.525 Murano Grande bayfront condo in South Beach, to a $27,000 Versailles Condo-Hotel efficiency unit in foreclosure in mid-beach.  Only 6 of the 123 sales were Miami Beach Condos over a million which is evidence that the sales we saw 2 months ago were not the norm in today’s market.  Please note that 51% of August sales were distressed (short sales or foreclosures), but the very low... Continue Reading »