Category: Miami Luxury Real Estate

2017 is a good year to buy luxury real estate in South Florida, experts say

It’s a good year to snatch up some luxury real estate

According to ONE Sotheby’s International Realty’s year-end report, 2017 will be a buyers market thanks to an abundance of luxury options available. Sellers are expected to reduce their prices, particularly in the $1 million to $5 million range.

That is thanks in part to the end of the election season and an increase in consumer confidence, said Anthony Graziano, senior managing director for Integra Realty Resources — Miami/Palm Beach, which produced the report.

“I think a lot of people delayed purchasing decisions, waiting to see what was going to happen in the economy and the election and everything else,” Graziano said.

Waterfront prices decrease

In 2016, Miami-Dade County had 36 percent more single-family homes available in the $1 to $5 million range than in 2012, according to the report. The number of single-family homes in that range was up nearly 25 percent in 2015 over 2012, while prices were lower by 3.5 percent.

“Most of that product tends to be on the waterfront, and as a result, the waterfront pricing took a hit because there is more inventory,” Graziano said.

Miami-Dade prices for non-waterfront properties, both single-family homes and condos, rose in 2016 by 9 percent, he said.

This year, the majority of Miami-Dade single-home sales are expected to be in the under-$1 million market, the report said, forcing sellers for higher-priced homes to bring down their prices.

Brickell, downtown Miami, Edgewater and Midtown continue to lead the market, with almost 60 percent of all new units being delivered in 2017 and 2018, the report said. After 2018, Sotheby’s predicts a shift in new units to Miami Beach, Sunny Isles and Hollywood Beach, followed by a smaller number of boutique units in South Beach, Miami Beach and Surfside.

Also incentivizing buyers this year is the specter of higher interest rates, which are expected to increase twice in 2017.

“If interest rates are continuing to go up and the market senses that, that’s going to bring people up from the sidelines to buy at this price and lock in my interest rate for five to six years,” Graziano said.

Condo sector

In the condo sector, a slowdown of buyers from Latin America is expected to continue, while domestic buyers and those from Canada and Europe are expected to increase.

“Remarkably, the Miami brand continues to sell worldwide, and long-term trends indicate no reversal in Miami’s fortune as the dominant gateway city along with NYC and San Francisco,” the report said.

Still, the overall condo market is expected to remain choppy. The loss of Latin American buyers will drop waterfront condo prices by another 5 to 8 percent. Non-waterfront condos are expected to drop their prices by 3 percent, making it a good time to buy a resale condo in Miami.

But new units are projected to maintain or increase prices.

Steady growth

In Broward County, the single-family-home market is expected to continue its growth from 2016. Broward homes, in large part because of their value, are priced 30 to 50 percent less expensive than comparable homes in Miami-Dade, the report said.

The condo market will benefit from an influx in domestic retirees that will snatch up properties in Broward, instead of Miami-Dade, because the dollar stretches farther, Graziano said.

“People make housing choices and say, ‘You know what? I’m going to go here,’ ” Graziano said. “They don’t have to move to Miami. For them, this is their retirement home, so more people are looking at Broward as an alternative.”

A positive economy — Florida was one of four states in 2016 with 3 percent employment gains — is likely to drive the region to a successful 2017, the report predicts.

“I personally think 2017 is going to be a better overall year [than 2016]” Graziano said.

SOURCE

March 29, 2017
Essential Luxury Condo Decorating Tips
Decorating a small condo can be quite tricky. There are many things you need to take into account in order to save space and make it look luxurious at the same time. That is why we have chosen best luxury condo decorating tips for you.

The psychological benefits of airy spaces are well known. Starting your day in a bright, sun-bathed living area is proven to lift up your spirit and provide you with a fresh start of the new day. One thing, among many, that Miami is rich with is natural light, so make a good use of it, especially if your apartment is located near Miami Beach. If you are living in a small condo, you should pay attention to those specific decorating tips that will make your living area seem bigger.
- The first thing to take into account is the choice of the furniture. One thing you definitely want to avoid, especially in small condos, is too much of it. So go for a simple, elegant designs and dark colors. This combination is proven to make a small room seem bigger. If you can’t settle for a simplistic, minimalist look and you seek richer designs – stick to the bright colors. White and soft pastel colors on both furniture and walls will make even a cramped space seem larger. Also, be sure to pull the furniture away from the walls, at least for a few inches. That way your living area would seem more open and elegant. When it comes to furniture pieces such as tables of any kind – you can always go for translucent materials. They will not weigh down space the way more traditional materials such as wood or marble do.
- Speaking of light, one of the top condo decorating tips for this year is – make use of mirrors. Mirrors add space and reflect light, which makes them an excellent decorating choice for small condos. If your condo is a bit dim, be sure to hang the mirrors on the walls opposite to windows to make the best possible use of natural light. Also, you can add some metallic pieces in your accessories. They will do the same trick.
- Decorating tips in this section apply to walls, ceilings, and curtains. There are several ways in which you can make your place look bigger. First – painting the ceiling in the dark color palette will provide you with the sense of height. Same rule goes for use of vertical stripes pattern on wallpapers and curtains.
- Windows play a big role in adding the space. If you have smaller, standard windows, you can always add space by matching the color of your drapes with the color of the wall. This prevents breaking up space into smaller surfaces, and thus, makes a more open look by providing a continuous line between windows and walls. If you have big, floor-to-ceiling, wall-to-wall windows, you may want to make them smaller to create warmer, more intimate atmosphere. The best way to do so is by framing them with full-length drapes in warm earthly colors. Terracotta is the absolute hit in this year condo decoration trends. Alternatively, you can place some furniture pieces such as smaller tables or sofa in front of a big window.
- Storage space is one of the main issues in smaller condos. One of the ways to solve this problem is to identify the areas you will not use so often and reduce them to the essentials. You can find some expert decoration tips on this in our previous blog post – How to decorate a condo apartment: 10 expert tips. Another solution is choosing the furniture pieces that have some built-in storage, such as ottomans with removable top.
- Lack of big bathroom can be a serious issue here, especially for the ladies. You can solve this by creating a dressing area in your bedroom. This option will add to aesthetics and functionality of both bathroom and bedroom.
- Accessories play an important role in condo decoration since the luxurious touch can be presented in smaller details. Whatever accessories you choose, make sure to pick bright color palette – they open up space, making it more vivid and pleasant. You can use, but don’t be limited to items such as pillows, candles, lamps, and flowers for this purpose. What is important is the choice of the color palette. Try to avoid too many colors, and make a thematic choice that will provide your overall interior look with distinctive, elegant structure. For the purposes of artistic statement, do not limit yourself to traditional decoration rules. Choose unconventional areas to do so, such as hall closet doors. This way you can add a touch of extravaganza and, at the same time, avoid cramping the walls with paintings.
We are well aware of how stressful condo decorating can be. What it requires, first of all, is a good planning. The luxury condo decorating tips we provided you with here are just some simple, practical guidelines. And if you need any additional info on luxury decorating trends, looking for the best ways to implement them into your own living area, or even moving to sunny Miami – you can always contact our VIAC team!
January 23, 2017
Top 10 Interior Designers In Miami

Hello, how are you? Today, Miami Design District will show you the most recent TOP 10 Interior Designers in Miami.

Miami is the hottest place on earth to spend not just a few days but to spend your life. It’s the city of beauty, luxury, artists, sun, and, of course, parties.

Because of all the money and international environment, in Miami you can find the most glamorous homes, luxury condominiums, and five-star hotels with an incredible jaw-dropping decoration. That’s why this is the perfect luxury design city where you can find the best interior designers with the highest standards of excellence for your next vacations’ home.

We are going to help you to decide by giving you a list of the amazing and top interior designers located in Miami.

Pepe Calderin Design – http://pepecalderindesign.com
Winner of Florida Design Awards, for Best of Bedroom, this interior design and architecture firm has more than 20 years of experience in high-end residential and commercial design. With a fresh and energetic approach to all projects, they believe that there are no boundaries when you’re talking about space.

Brown Davis Interiors – http://browndavis.com
Todd Davis and Rob Brown started their own firm in 1994, they were both passionate for classic architecture, elegant rooms and extraordinary craftsmanship. This amazing partnership has designed two residences for the Clintons, President and Secretary of State, The British Embassy residence and an array of exceptional projects involving contemporary and historic renovation. As you can see, they’re really well known around the country and overseas.

DKOR Interiors – http://www.dkorinteriors.com
This high-end interior design depicts the work of an all-woman group whom rely on their professional. Knowledge and savvy taste. Their projects are known by the simple and fresh lines with a cool accent of modernism and innovation. It’s possible to see the high end design in each project.

Michael Wolk Design – http://www.wolkdesign.com
Michael Wolk is one of the leading designers of corporate, residential and hospitality interiors. It has a very successful Collections of furniture and furnishings and his award-winning work has been featured in several national and international publications. Take a look at his elegant projects.

Avanzato Design – http://avanzatodesign.com/
With a full range of interior details and services for residential and commercial properties, Avanzato Design is a leading luxury with over 20 years’ experience. Vincenzo Avanzato is the founder and his projects are known for bringing together the world’s finest tastes, styles and trends for discerning clients.

Alene Workman Interior Design – http://www.aleneworkman.com
With more than 25 years of experience, Alene Workman interior design is define by its timeless luxury. and its outstanding team. With an outstanding national portfolio, they focus on the art of design, expanding creative possibilities and offering strategic project leadership with extraordinary service. Their award winning firm displays projects in South Florida and throughout the United States.

Kobi Karp Architecture and Interior Design – http://kobikarp.com/
Founded in 1996 by Kobi Karp is a full-service architecture, interior, and planning firm whose portfolio has projects from design of large-scale, high-rise condominium and hospitality projects, to intimate to small-scale low-rise residential and commercial structures.

B Pila Design Studio – http://bpiladesign.com/
This studio has worked with clients spanning the U.S.,South, Central Americas and the Caribbean. Known by the Throughout these creative journeys, I’ve uncovered and accumulated best practices, favorite designers, new products, and other tricks of the trade

Beasley & Henley Interior Design – http://www.beasleyandhenley.com/
This award winning company have amazing bold and contemporary interior design projects. Designing at places like The Greenbrier, Albany Bahamas, Isleworth, Naples, Grand Rapids, Chicago, Oceanside, resorts, exotic car clubs, homes for athletes and rock stars, thy’ve been published in many international magazines and, trust us, it worth a million.

J Design Group – http://www.jdesigngroup.com/
They have successfully completed a diverse range of projects throughout Southern Florida for five-star hotels, upscale restaurants, hospitality installations, and luxury homes. They’ve won a few awards and you can see some of these projects in the best magazines. Sunny Isle, Miami Beach, Boca Raton, Aventura, Pincrest, South Beach, Palm Beach, and Miami are the main places where J design Group has been working.

We hope that now you are more inspired to star setting up your dream house.

SOURCE

January 5, 2017
$65M penthouse hits market in Miami Beach

The Apogee penthouse in South Beach

In addition to attracting swarms of interesting people and elaborate art installations on a yearly basis, Art Basel 2016 has enticed a $65 million listing: a two-story penthouse at the Apogee in South Beach.

A glass staircase is one of its most distinguishing features, outside of the spectacular ocean, bay, and city views of course. Spanning 8,271 square feet, it has five bedrooms, eight bathrooms, and a whopping 13,149-square-foot terrace.

The residence is Miami’s most expensive listing along with 46 Star Island, a 18,356-square-foot Mediterranean with 250 feet of bay frontage. Pulling in anything over $60 million, the price Ken Griffin paid for his Faena Penthouse, would make it a record sale for the county.

“This Apogee penthouse is the most superb property ever listed on Miami Beach in the city’s premier residential tower in the coveted South of Fifth neighborhood,” said Douglas Elliman Florida’s Executive Vice President Carlo Gambino. “With uninterrupted ocean views and commanding vistas of the Downtown Miami skyline, it is the perfect place to entertain, relax and take-in dazzling sunrises and sunsets with the convenience of being just a short stroll to the best of Miami Beach’s iconic restaurants and boutiques.”

If you don’t factor in the extensive outdoor space, it breaks down to $7,859 per square foot.

The residence is owned by former lawyer William Duker, who has a rather interesting criminal history, according to the Wall Street Journal

Mr. Duker owns the software company Rational Enterprise. He was one of the founders of Amici LLC, a provider of document-discovery services, which was acquired by Xerox in 2006 for $174 million. A former lawyer, he pleaded guilty to four felony counts in 1997 and served part of a 33-month sentence for falsely inflating legal bills to the federal government.

Even more fascinating is the fact Duker spends “about two months” a year in the unit.

His reason for selling:

He said he is selling because he’s planning to travel around the world in his new 230-foot yacht, Sybaris.

SOURCE

January 3, 2017
Celebrities Living in Miami and South Florida

Being at the center of a cultural, fashion and music mecca, Miami attracts many of the rich, famous and beautiful to live on its sunny shores. I’ve heard it said that living in Miami keeps you young; these celebs have discovered this fountain of youth.

Gloria Estefan – Latin music sensation who achieved high recognition by the pop world, Estefan’s life story is tied tightly to Miami. After leaving Cuba at the age of two and moving to Miami, she started her singing career with Miami Sound Machine. In 1990, an accident almost took her life and came very close to ending her career for good. During this time, Miami residents took her to heart as one of their own and inundated her with cards, flowers, and well-wishes. When Hurricane Andrew struck in 1992, Estefan was there for the city that loved her; she arranged and performed in a benefit concert raising millions of dollars for the victims. She now lives on Star Island.

Enrique Iglesias – Enrique is the son of legend Julio Iglesias, but he has tried to create his own name in music. Having grown up in Miami, he adds an American flair to his songs making them loved by all. His super-stardom hit in 1999 when Bailamos was released to the top of the Billboard charts. He lives on Miami Beach near girlfriend Kournikova and singer Shakira.

Anna Kournikova – Kournikova is a women’s tennis player. Having played in the US Open eight times, she has yet to see victory. Not being able to play this year due to injuries, she is doing a stint on cable’s USA network as a roving entertainment reporter. Anna lives in Miami Beach in a neighborhood known as Sunset Island, which is also the home of boyfriend Enrique Iglesias.

Lenny Kravitz – Kravitz has been putting out music since 1989. While he certainly can remind you of Hendrix, he has made quite a name for himself among modern artists, as witnessed by his four consecutive grammies for best male artist. He lives- where else?- on Miami Beach, on the Bay.
Janet Reno The former Attorney General of the United States under Bill Clinton lives in the Kendall area. After an unsuccessful campaign against Jeb Bush for governor, it is unclear if she will run again.

Shakira – This sexy newcomer to the Latin music world is lighting up the charts with her hits, which have won her one Grammy and two Latin Grammys so far. Born and raised in Colombia, raised with American music like The Police and Nirvana, and having a Lebanese father to give her an appreciation for Arabic sounds, her music is a true fusion. Her first album in English, Laundry Service, is new in stores now. Shakira lives near Enrique Iglesias and Anna Kournikova in Sunset Island.

OJ Simpson – Former NFL great, Heisman Trophy winner, All-Pro and MVP. After his career ended, he turned to acting and sportscasting. Accused and acquitted of the 1994 double murder of his wife and her friend. He has a house in Kendall.

Oprah Winfrey – Best known for her television talk show, Oprah also has her hands in journalism and philanthropy. Oprah is more than just your average talk show; she prides herself in trying to influence social change by advocating charity, fitness, reading and self-improvement. She has a vacation house on Miami Beach and can often be seen in the city.

SOURCE

December 29, 2016
Luxury Homes of Miami
Miami is home to richest of the rich- and we don’t just mean money. Miami boasts some of the country’s- some of the world’s– most beautiful coastline. Neighborhoods are dense with culture and livelihood. The people of the city treasure Miami so affectionately, it is impossible not to see the see the city by the sea for the treasure that it is.

With some of the most favored land in the world comes big investors after property in Miami. Investors with pocketbooks that take daydream homes off paper and onto the sand. Big time architects are no stranger the development of Miami’s modern luxe. Zaha Hadid, Renzo Piano and Rafael Viñoly all of their hands in the fire and are pushing to keep Miami as the leader of the property game.

High-end properties are not hard to come by in Miami. The market is in such demand of the perfect post-modern high rise by the beach, that a new and more beautiful building enters the city’s skyline every turn of the head.

Miami beach luxury homes are something of their own ideal. Twenty-million for a home fails to turn heads. Let’s take a look at some of the mega-famous properties around Miami. With our help, you will be living in and amongst the very best and most exclusive local real estate.

Here are seven of the most expensive homes on the market (or recently snagged, but included for perspective) in Miami:

North Bay Road is classic baller status Miami. The palm-lined road is modest, letting the property homes speak for the street. Palm Road is home to four of Miami’s most expensive homes:
1. Coming in at $32 million, Miami’s most expensive home overlooks the ocean and has a private pool for those fresh water days. The 8,000 square foot property houses six bedrooms and seven baths. The renovated 1930s pad has views that span both downtown Miami and the Intercoastal Waterway.
2. Not far down the road, we head to the water and onto the private deck where this 19,000 square-foot mansion’s guests watch ships of the Atlantic pass by. You can call these eleven beds and nine baths home for $30.5 million.
3. No need to leave the North Bay Road address line to get to the city’s fourth most expensive home at $25.5 million. This property’s nine baths and seven beds are housed by a stately exterior whose bright white serves as a class contrast against the palms and sky.
4. Wrapping up our gawking on North Bay Road, we look at a seven bed, eight bath property across 9,000 square feet. The Spanish-style home, characterized by its courtyard, foliage, and floor-to-ceiling windows is listed at $25 million.
Next, we head to Palm Avenue, one of the most glamourous strips to call home in South Florida. Palm Avenue runs close to the bars and restaurants of Miami Beach.
1. On the market for $32 million, the other most expensive home in Miami sits on 14,000 square feet- ample space for nine baths and eight beds. This home is well loved for its floor-to-ceiling windows, lavish gardening, and variety of swimming pools.
2. Surrounded entirely by palm trees, six bed and seven baths on 9,000 square feet hits the market at $25 million. Looking for the swimming pool? It’s in the garden.
Last but not least, we turn to W 27th street.
1. This last property is a steal at a modest $23 million. Its seven beds and nine baths sprawl endlessly across the property’s 11,000 square feet. Lavish gardens encase the stunning, classic Miami architecture that boasts an open and contemporary plan design with large windows and glass staircases.
Want more information on modern high-rises and luxury villas Miami? Get in touch with our team of agents at VIAC.
December 23, 2016
Waterfront Property Perks

Buying a home in Miami is the dream of many people around the world. Buying a home on the waterfront rests in a caliber of dreams of its own.

Owning a home on the water is not as far out of the cards as you think, and the perks of living on the ocean will forever solidify your reasons for closing.

Miami is a coveted city for many reasons. Its night life provides endless entertainment and seems, like other famed cities around the world, to never sleep. The culinary scene attracts top chefs from all over the world and cuisine stretches across many ethnicities. The community is vibrant and multi-cultural, and it shows from boutique shops to conversations up and down the strip. Whatever you are looking for in a city- in a life, really- you are bound to find in an authentic experience in Florida’s favorite city.

Real estate– surprise, surprise- is another reason that so many people look to purchase in Miami. Old architecture mixes with new, modern lux to create a rich design textured throughout the neighborhoods.

Waterfront properties are perhaps the most coveted real estate, as it comes with many perks. The first of many: its beauty. Wake up every morning to breathtaking views and let the sway of water energize your mind for the day. Being around water is proven to have many positive health benefits, not the least among them a calm and open mind. Open your windows to hear and feel the breeze from the shore and venture out to start your day with your toes in the sand.

In fact, you might remember the “blue mind effect” that biologist Wallace J. Nichols brought to our attention years ago. The blue mind refers the meditative state the human brain enters upon hearing, touching, or seeing water. There is a receptor in the brain of most humans and animals that recognizes water as a medium for survival. So when water is sensed, the mind knows it is safe; everything is okay. The body can be calm. This prompts us into the relaxed state that Wallace coined the blue mind effect.

Living on the water comes not only with overwhelming beauty and an opportunity to live and breathe the resource for our existence; it comes with a lifestyle rich in design and culture. There is a particular people of the sea; a way of life that nobody seems to find a reason to exit. It is a different pace outside of the electrically eclectic Miami scene. One of tranquility, appreciation, and truly luxury living. If you are a boater, there is no better port to keep your boat and quickly make it home after an afternoon on the ocean. If you don’t have your own boat, opt for a membership at a local yacht club. Along the coast, you will find amazing restaurants tucked along Biscayne Blvd and you can spend your afternoons shopping at Mary Brickell Village.

Because luxury waterfront homes are so highly sought-after in Miami, your house or apartment is easy to rent out if you do not plan to live there year-round. Rent it out for a week or to a trusting tenant for six months- it is up to you. What we do find, often, is that waterfront properties make a healthy investment alongside providing the perfect beach getaway and serene lifestyle. For this reason, waterfront properties are continually popular amongst entrepreneurs, and you’ll feel their ambitious energy along the coast, too.

So, are you ready to start looking for your Miami waterfront apartments? Your next investment; your gateway to the blue mind effect? If you are, get in touch with our VIAC team. We’ll get to searching for the perfect spot for you to set up shop and rest your feet atop the balcony of the good life.

December 16, 2016
Luxury Lifestyles of Miami

When you think of celebrities and rich residents, three cities should come to mind; Los Angeles, New York City, and Miami. All three are known for being celebrity hot spots and boast lavish and luxurious lifestyles for all that can afford it. The bustle of the cities make LA and NY not exactly the best places to unwind and relax a little bit, but Miami offers a little different atmosphere. The tropical landscape of Miami makes it very popular year round for the rich and famous to spend time there. From yacht clubs to fine restaurants and world famous nightclubs to luxurious spas, Miami offers just about anything you could want. Here are some of the best restaurants, clubs, spas and more that a Miami luxury lifestyle has to offer.

Restaurants

Palme d’Or– located in the Biltmore Hotel, Palme d’Or, Golden Palm in English, presents an inventive French menu with a long wine list to match. It is often regarded as one of the finest dining destinations in all of Miami.

Joe’s Stone Crab– specializing in stone crab, the restaurant has been operating since 1913 and has become a real cornerstone of the Miami dining landscape. Other regional seafood can be found on the menu, but most come for the stone crab. Big names such as Madonna, Billy Joel, the late Muhammad Ali, and Presidents George W. and George H. W. Bush are just some of the people that stop in when in town for the best stone crab around.

Sra. Martinez– since opening in 2008, Sra. Martinez has quickly become one of the top spots to dine in all of Miami. Featuring a menu of traditional Spanish cuisine mixed with some influences from around the world, guests will also be impressed with the large selection of fine Spanish wines.

Nightclubs

Bamboo– located right in the heart of South Beach on the famous Washington Ave., Bamboo has a white and silver theme to highlight crystal chandeliers and multiple statues of Buddha around the club. Bringing in world famous DJs frequently, Bamboo is definitely one of the hottest clubs in all of Miami.

LIV– Reuters recently deemed LIV as one of the world’s Top 10 nightclubs based on its state-of-the-art lighting and sound systems, famous DJs, and stunning clientele that fill the dance floors on a nightly basis.

Member-Only Clubs

Fisher Island Club– deemed to be the most exclusive private membership club in all of Miami. Only accessible to those with a private yacht or by the Island’s private auto-ferry, Fisher Island Club offers golf, racquet sports, casual and fine dining, spa, salon, marinas, beach club, the Vanderbilt Mansion pool, and exclusive member events. This place truly has set the bar of luxury in Miami.

SoHo House– geared towards creativity instead of status and money, the SoHo House has prominent members from creative industries such as fashion, film, music, advertising, and art. Members have full access to the luxury amenities such as swimming pools, Cowshed spa, beach club, bars, and restaurants.

Spas

ESPA – Acqualina Resort & Spa is home to ESPA, which began in Europe and built a reputation for exceptional and lavish experiences. Their signature treatment is an 80-minute Anti-Aging Active Peel Facial.

The Spa at Mandarin Oriental– having gone under a major refurbishment, The Spa is truly one of the finest health clubs in all of Miami. Featuring treatments with influences from traditional Chinese, European, Balinese and Thai methods. Guests can find whatever they are looking for whether it be for relaxation or rejuvenation.

Golf Courses

Trump Doral– while most of the five courses are still being worked on, the 18th hole of the famous Blue Monster was ranked by GOLF Magazine as one of the Top 100 Holes in the world.

Turnberry– featuring 36-holes that have been redesigned by Hall of Fame golfer Raymond Floyd, Turnberry is a must play for any serious golfer.

Crandon Golf– rated one of the toughest courses in all of Florida; golfers get an iconic view of the Miami skyline when they tee it up at Crandon.

These are just a few of the most luxurious and exclusive places in all of Miami. If you find yourself in the market looking for luxury properties in Miami to move to, check out the listings that Viac Luxury Real Estate has to offer.

October 26, 2016
Here’s What $19 Million Can Get You in Miami

When you think of Miami, you probably think about gorgeous beaches, giant homes and condos on the ocean, an extravagant nightlife and celebrities galore. Well, for the most part that is entirely accurate and here is one of those giant homes that just sold for a hefty price tag of $19 million dollars. With an address in Miami Beach, this place radiates luxury throughout the entire estate. Here are some of the things that you get with a $19 million dollar home in Miami.

Situated on Indian Creek, with direct ocean access, and 175’ of direct frontage, this 1.1-acre lot is the home to a gorgeous Mediterranean estate. Built in 1937 and updated in 2015, this home didn’t spend too long on the market. This incredible home features nine bedrooms and 11 full bathrooms (+2 half bathrooms), a two-bedroom guesthouse and two guest apartments.

Measuring in at just over 12,000 square feet of living space, this expansive estate features just about everything one could want. On the property, you will find a 22,000-gallon pool, spa, koi pond, sculptured gardens, private gym, wine cellar, library and a safe room. With a private dock, you’d be able to tie up your watercraft for easy access. Great schools, convenient location to just about everything, and frontage on the water with access to the ocean, does not leave many people wanting much else.

This is just one of the many Miami Beach mansions that line the waterfront and streets in south Florida. For more luxury properties available in Miami and surrounding areas, contact the real estate professionals at Viac Luxury Real Estate for more information at www.viac-miami.com.

October 25, 2016
Why Buying Miami Pre-Construction Condos Is a Good Idea

There are some great reasons for buying Miami pre-construction condos. Some are all about the aesthetic reasons for wanting to live in this great city that’s always in demand. Other notions have everything to do with the other side of your brain and what a solid financial investment these units make.

One of the first things to consider is all about the one word that every investor wants to hear and that’s resale. Although it’s not considered good idea to flip any pre-construction condos in Miami you decide to buy, keeping a condo for the entire term before you sell it can be a lucrative method to make your money back and then some.

If you factor in the fact that it takes up to three years to build one of these condominiums, you’ll see that you have adequate time to get a full return as the unit increases in value. There’s no need to worry about the investment because Miami beach luxury condos are a unique purchase and always in high demand from international buyers.

Pricing tiers are another reason why you should get in on the ground floor with condominium units that haven’t been built yet. Most developers and construction companies release only a limited amount of inventory so they can make the most of the supply and demand cycle. If you purchase a condominium at one of the initial tier prices, you can lock in at a lower number that will benefit you as prices increase.

Keep in mind that by getting involved with pre-construction condos in Miami, you also set yourself up with some instant equity because the price goes up as surrounding buildings and neighborhoods undergo transformations. Always try to keep in mind that Miami is an international city, attracting buyers from all over the world and you’ll make the right decision.

September 27, 2016