Mondrian South Beach – Condo Hotel

Did you even know that The Mondrian has condos for sale?  The Morgans Hotel Group, responsible for The Delano and The Shoreclub in South Beach, decided there was a need for short term rentals as well as a Condo-Hotel in South Beach, and instead of referring out the business, they would keep it in-house.  Of course their reputable concierge service and celebrated design would remain, that’s how the Mondrian concept materialized.  The Mondrian has a marina, meeting rooms... Continue Reading »

Miamism in Forbes – Miami Beach best city to quit renting a buy a home

Forbes recently reached out to us to learn how renting compares with buying in the Miami Beach luxury real estate market.  A question often asked by investors looking to buy a Miami Beach home or condo and an answer that is studied regularly and in depth by our in-house accountant and numbers specialist, Rick Garcia. Best Cities to Rent And Own – was aimed at learning how numbers add up in 10 big U.S. cities and although we are not going in depth about the rest of the... Continue Reading »

Top 3 Most Expensive Miami Beach Homes sold in March 2010

There were 22 Miami Beach homes sold in March 2010 ranging from the most expensive, which will be featured here at $2.85 Million, to the lowest sale in Miami Beach at $102,500 for a dry lot, bank owned, foreclosure home in Biscayne Beach (North Beach).  Talk about a disparity! but that’s Miami for you.  Please note that number 2 and 3 top sales last month were also dry lot homes all selling above the $2 Million mark.  Recuperating market?  I do think so, although the... Continue Reading »

Fisher Island Condos – March 2010 Market Report

There are currently 126 Fisher Island Condos for sale: (3 less than last month) Highest priced listing: $30,000,000 for an exclusive Oceanside 5/5.5 home with artwork and all! Lowest priced listing: $190,000 for a studio at Marina Village Pending Sales: 8 (1 more than previous month) Closed sales in March : 5 (3 more than last month) The 5 Fisher Island condo sale in the month of March were the following: Villa de Mare – 7223 Fisher Island Dr – listed for $8,000,000... Continue Reading »

Top 3 Most Expensive Miami Beach Condo Sales – February 2010

There were 111 Miami Beach Condos sold in February ranging in price from $33,500 for a bank foreclosed Normandy Island studio, to a $3.25 Million South Beach Condo at The Continuum.  Curious how the lowest Miami Beach home sold last month was also in Normandy Island, it’s definitely the place to go for good deals, but many Miami Beach purists don’t even consider Normandy a part of the beach … go figure.  No surprise that 2 of the 3 highest sales were South Beach... Continue Reading »