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tradedmiami · 3 months
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SALE IMAGE: Ceiliah Epner DATE: 03/01/2024 ADDRESS: 2811 South Bayshore Drive #14C MARKET: Coconut Grove ASSET TYPE: Condo SELLER'S REP: Ceiliah Epner (@Ceiliah) - Compass (@Compass) SALE PRICE: $4,760,000 SF: 1,967 ~ PPSF: $2,420 #Miami #RealEstate #tradedmia #MIA #TradedPartner #CoconutGrove #ParkGrove #Ceiliah #Compass
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[ad_1] Miami-Dade County's rental gross sales emerged by over $100 million final week, because the variety of condos bought, common sale worth and worth per sq. foot additionally rose. Brokers closed 210 rental gross sales totaling $162 million from Feb. twenty sixth to Mar. 4th. The earlier week, brokers closed 100 rental gross sales totaling $61 million. Final week's models bought for a mean of $772,868, increased than the $607,764 sale common from the earlier week. The typical worth per sq. foot rose to $536 from $495, based on information from Redfin. For the highest 10 gross sales, costs ranged from $2.9 million to $6.3 million. Ritz-Carlton Residences, Miami Seashore unit 621 at 4701 North Meridian Avenue in Miami Seashore took the highest spot with a $6.3 million closing. The rental bought for $1,843 per sq. foot after 93 days available on the market. Darin Tansey with Douglas Elliman had the itemizing. Stefania Cambarau, additionally with Douglas Elliman, represented the customer. A rental on the Tub Membership at 5959 Collins Avenue in Miami Seashore bought for the second-highest quantity. Unit 1003 closed at $6.1 million, or $1,676 per sq. foot after 104 days available on the market. Byran Sereny and Invoice Hernandez, each with Douglas Elliman, had the itemizing. Jason Sims with Serhant represented the customer. Leaflet map created by Adam Farence | Knowledge by © OpenStreetMapbeneath ODbl. Here is a breakdown of the highest 10 gross sales from Feb. twenty sixth to Mar. 4th: Most Costly Ritz-Carlton Residences, Miami Seashore, 4701 North Meridian Avenue, unit 621, in Miami Seashore | Worth: $6,300,000 | $1,843 psf | Itemizing agent: Darin Tansey with Douglas Elliman | Purchaser's agent: Stefania Cambarau with Douglas Elliman Least Costly Ritz-Carlton Residences, Sunny Isles Seashore, 15701 Collins Avenue, unit 1003, in Sunny Isles Seashore | Worth: $2,900,000 | $1,807 psf | Itemizing agent: Melissa Rubin with Compass Florida | Purchaser's agent: Nicole Gongee with Crystal Leigh Realty Missoni Baia, 700 Northeast twenty sixth Terrace, unit 4801, in Miami | Worth: $2,900,000 | $1,136 psf | Itemizing agent: Melissa Rubin with Compass Florida | Purchaser's agent: Nicole Gongee with Crystal Leigh Realty Highest Worth Per Sq. Foot One Park Grove, 2811 South Bayshore Drive, unit 14C, in Miami | Worth: $4,760,000 | $2,420 psf | Itemizing agent: Ceiliah Epner with Compass Florida | Purchaser's agent: Rose Harris with One Sotheby's Worldwide Realty Lowest Worth Per Sq. Foot Missoni Baia, 700 Northeast twenty sixth Terrace, unit 4801, in Miami | Worth: $2,900,000 | $1,136 psf | Itemizing agent: Melissa Rubin with Compass Florida | Purchaser's agent: Nicole Gongee with Crystal Leigh Realty Learn extra [ad_2] Supply hyperlink
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itunesbooks · 5 years
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Scotland's Highlands & Islands Travel Guide - Lonely Planet
Scotland's Highlands & Islands Travel Guide Lonely Planet Genre: Europe Price: $14.99 Publish Date: February 1, 2019 Publisher: Lonely Planet Seller: Lonely Planet Global Ltd Lonely Planet: The world’s number one travel guide publisher*  Lonely Planet’s Scotland’s Highlands & Islands is your passport to the most relevant, up-to-date advice on what to see and skip, and what hidden discoveries await you. Sip the water of life, whisky, in an ancient pub; walk the West Highland Way (or a little bit of it) for some of the country’s finest scenery; and join a ceiliah for an evening of Scottish dancing. All with your trusted travel companion. Get to the heart of Scotland’s Highlands & Islands and begin your journey now! Inside Lonely Planet’s Scotland’s Highlands & Islands :  • Colour maps and images throughout • Highlights and itineraries help you tailor your trip to your personal needs and interests • Insider tips to save time and money and get around like a local, avoiding crowds and trouble spots • Essential info at your fingertips - hours of operation, phone numbers, websites, transit tips, prices • Honest reviews for all budgets - eating, sleeping, sightseeing, going out, shopping, hidden gems that most guidebooks miss • Cultural insights provide a richer, more rewarding travel experience - covering history, people, music, religion, cuisine, politics • Over 52 colour maps   • Covers West Highland Way, Central Highlands, The Great Glen & Lochaber, Skye & The Western Isles, Northwest Highlands, Orkney Islands, Shetland Islands, and more The Perfect Choice: Lonely Planet’s Scotland’s Highlands & Islands is our most comprehensive guide to Scotland’s highlands & islands, and is perfect for discovering both popular and offbeat experiences.  Looking for more extensive coverage? Check out Lonely Planet’s Scotland or Great Britain guides for an in-depth look at all the country and region have to offer. eBook Features: (Best viewed on tablet devices and smartphones) • Downloadable PDF and offline maps prevent roaming and data charges • Effortlessly navigate and jump between maps and reviews • Add notes to personalise your guidebook experience • Seamlessly flip between pages • Bookmarks and speedy search capabilities get you to key pages in a flash • Embedded links to recommendations’ websites • Zoom-in maps and images  • Inbuilt dictionary for quick referencing Authors: Written and researched by Lonely Planet and Neil Wilson. About Lonely Planet: Lonely Planet is a leading travel media company and the world’s number one travel guidebook brand, providing both inspiring and trustworthy information for every kind of traveller since 1973. Over the past four decades, we’ve printed over 145 million guidebooks and grown a dedicated, passionate global community of travellers. You’ll also find our content online, and in mobile apps, video, 14 languages, nine international magazines, armchair and lifestyle books, eBooks, and more.      TripAdvisor Travelers’ Choice Awards 2012, 2013, 2014, 2015 and 2016 winner in Favorite Travel Guide category ‘Lonely Planet guides are, quite simply, like no other.’ – New York Times ‘Lonely Planet. It's on everyone's bookshelves; it's in every traveller's hands. It's on mobile phones. It's on the Internet. It's everywhere, and it's telling entire generations of people how to travel the world.’ – Fairfax Media (Australia) *Source: Nielsen BookScan: Australia, UK, USA, 5/2016-4/2017 http://dlvr.it/R1P7w4
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juditmiltz · 5 years
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Movers & Shakers: Retail brokers join Colliers & more
From left: Dave Preston, Jonathan Carter, and Jenny Gefen
Colliers International South Florida expanded its retail division with three new hires, including former Comras Company broker Jonathan Carter.
Carter, David Preston and Jenny Gefen joined Colliers, which recently grew via its acquisition of CREC. Carter was previously managing director of retail leasing, and Preston left Newmark Knight Frank, where he was senior managing director alongside Gefen.
Preston’s clients include Benihana, BankUnited and Orvis, and Gefen’s clients include Checkers, Del Taco and Pieology.
The Keyes Company is moving to new offices in Homestead, Palmetto Bay and on Sunset Drive in Miami. It’s leasing 3,850 square feet at 11570 Sunset Drive, an office that will be home to 127 agents, mortgage, insurance and other employees. It will be completed in February. In Palmetto Bay, the brokerage is opening a 100-agent, 3,650-square-foot office at 8745 Southwest 136th Street by March. And in Homestead, 120 Keyes Company associates will work out of a 5,900-square-foot space at 809 Flagler Avenue. That’s also expected to open next month.
Sheryl Hodor and Troy Hotchkiss of “The Power Team” left Coldwell Banker for Compass. The mother-and-son duo focus on waterfront home sales in Fort Lauderdale. Ceiliah Epner also recently joined Compass as an executive director of luxury sales, bringing with her more than $20 million in listings. She was previously with Andres Asion’s Miami Real Estate Group.
Crossman & Company, a commercial real estate firm with offices in Florida, Atlanta and Charlotte, promoted Fernando Espino to senior associate in its Miami office.
Chip Falkanger was promoted to director of new construction and land development of Florida Luxurious Properties, a Fort Lauderdale-based brokerage.
from The Real Deal Miami https://therealdeal.com/miami/2019/01/28/movers-shakers-retail-brokers-join-colliers-more/ via IFTTT
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alfredrserrano · 5 years
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Movers & Shakers: Retail brokers join Colliers & more
From left: Dave Preston, Jonathan Carter, and Jenny Gefen
Colliers International South Florida expanded its retail division with three new hires, including former Comras Company broker Jonathan Carter.
Carter, David Preston and Jenny Gefen joined Colliers, which recently grew via its acquisition of CREC. Carter was previously managing director of retail leasing, and Preston left Newmark Knight Frank, where he was senior managing director alongside Gefen.
Preston’s clients include Benihana, BankUnited and Orvis, and Gefen’s clients include Checkers, Del Taco and Pieology.
The Keyes Company is moving to new offices in Homestead, Palmetto Bay and on Sunset Drive in Miami. It’s leasing 3,850 square feet at 11570 Sunset Drive, an office that will be home to 127 agents, mortgage, insurance and other employees. It will be completed in February. In Palmetto Bay, the brokerage is opening a 100-agent, 3,650-square-foot office at 8745 Southwest 136th Street by March. And in Homestead, 120 Keyes Company associates will work out of a 5,900-square-foot space at 809 Flagler Avenue. That’s also expected to open next month.
Sheryl Hodor and Troy Hotchkiss of “The Power Team” left Coldwell Banker for Compass. The mother-and-son duo focus on waterfront home sales in Fort Lauderdale. Ceiliah Epner also recently joined Compass as an executive director of luxury sales, bringing with her more than $20 million in listings. She was previously with Andres Asion’s Miami Real Estate Group.
Crossman & Company, a commercial real estate firm with offices in Florida, Atlanta and Charlotte, promoted Fernando Espino to senior associate in its Miami office.
Chip Falkanger was promoted to director of new construction and land development of Florida Luxurious Properties, a Fort Lauderdale-based brokerage.
from The Real Deal Miami https://therealdeal.com/miami/2019/01/28/movers-shakers-retail-brokers-join-colliers-more/ via IFTTT
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nicolesrollins · 6 years
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Miami developers are being forced to choose: discount, rent or wait it out?
Brickell Heights’ developers, Related and Rockpoint Group, began closing sales in June of last year and have since sold out both towers.
Now that a number of condo projects have been completed this cycle, developers are facing a new source of sales competition: their buyers.
In the first half of the year, real estate agent Ceiliah Epner represented the seller of two units at the Four Seasons Residences at the Surf Club, which Fort Partners delivered in March 2017. Both units sold at a discount compared to the developer’s remaining inventory, Epner said.
“We just looked at what inventory was available and priced it lower than the developer,” said Epner, a real estate agent with Miami Real Estate Group, referring to both deals. “They couldn’t match the pricing.”
Epner also threw in a bonus offer to the buyers’ agents: a 5 percent commission, higher than the developer’s standard 4 percent. Epner had volunteered to take only a 1 percent commission, but ultimately represented both sides in both deals. “I knew we needed to compete against the developer units in all aspects,” she said.
The seller of the two units would only accept full asking price and all cash for both, and the $7 million unit ended up sparking a bidding war, according to Epner. The other unit sold for $6 million. Despite receiving cash on both sales and closing quickly — which was the reason for pricing them so competitively — the seller still lost about $2 million on his investments.
Never mind those losses — the more troubling implications are for that developer, whose unit listing prices were undercut by the reseller, who still didn’t recoup their money.
To understand just how many developers still have product to move ahead of the resellers, The Real Deal conducted an analysis of sales in condo projects that recorded their first closings in 2017 in Miami-Dade County.
The data shows that many of the biggest recently completed condo buildings in the county are at least 50 percent sold. TRD sourced the sales information from the Miami-Dade property appraiser, accounting for sales through May 2018.
(Click to enlarge)
Projects like Biscayne Beach, completed in May 2017 by Two Roads Development and GTIS Partners, and Related Group and Rockpoint Group’s Brickell Heights, delivered a year ago, are sold out, except for one remaining unit in Brickell Heights’ West Tower.
But others, from smaller boutique developments like Louver House in Miami Beach and Biltmore Parc in Coral Gables to the larger Four Seasons at the Surf Club and Privé at Island Estates in Aventura, still have sponsor units left.
At the Four Seasons in Surfside, Louise Sunshine — a strategic adviser to Fort Partners — said the 150-unit development is 85 percent sold with 18 units remaining. Property records show 74 closings have been recorded, which comes out to about 49 percent. The discrepancy between closed sales in property records and the developer’s sales figure can be attributed to the fact that some units are still being built out, Sunshine said, adding that those condos are expected to close within six months. She said that Fort Partners closed the sales center and is not offering any incentives on remaining units.
Mast Capital, too, is a luxury condo developer sitting on inventory, but also claims it is not considering offering buyer incentives. The Miami Beach firm completed Louver House — a 12-unit, four-story development — in August, and it’s 75 percent sold. Anna Sherrill, director of sales, said the three remaining units are priced from $2.3 million to $2.8 million.
As more projects get delivered in 2018 — like Jade Signature in Sunny Isles, Riva in Fort Lauderdale, the Harbour in North Miami Beach and the Paraiso District in Edgewater — developers will be faced with increasing pressure to sell out.
“Timing is everything. It’s not product. It’s not location. It’s timing,” said Peter Zalewski, founder of Cranespotters and director of acquisitions for Brickell Ventures, a real estate fund that targets underperforming properties.
Buyers of preconstruction condos typically try to flip their units, he said. But there’s little benefit in doing so if the building begins closing sales when the market is flooded with inventory, as it is now. “I always tell my clients, ‘Buy preconstruction because you believe in the project, you like it and you wouldn’t mind owning it for a while,’” said Andres Asion, founder of Miami Real Estate Group. “Don’t buy it to flip it. You might get very disappointed when the time comes to sell it.”
When owners aren’t able to sell, “the next hustle is to rent it,” Zalewski said. 
Next up: bulk buys?
Behind closed doors, some developers are negotiating deals of handfuls of units to investors, sources said. Sometimes it’s before a building is completed and starts recording closings, as part of a push to finally wrap up presales. Other times it’s months after a project opens its doors.
“Some of these developers realize the jig is up, and they want to get out sooner than later,” Zalewski said, referring to those who offer discounts for packages of units.
Michael Internoscia, director of sales at Marina Palms, expects “the bulk guys” to fully descend on South Florida’s condo market within six to eight months.
Fund managers are already heading down to South Florida to scout opportunities, Zalewski said. “Typically, it takes one move to sort of trigger it all. Once one deal trades and resets the entire market, everyone piles in and rushes in,” he added.
TRD took a closer look at some of the projects that began recording closings in 2017, tracking where sales stand and what developers are — and aren’t — willing to offer to achieve a sellout.
Privé at Island Estates
Privé at Island Estates
At Privé at Island Estates, sales suffered due to  lawsuits between the developer and neighbors who have opposed the project’s construction since 2013. While only 50 percent of the building’s sales have been recorded, the project is about 85 percent sold, according to senior sales agent Adriana Vargas Hernandez.
About 20 units went under contract or sold in 2018, she said. In February, developers BH3 and Gary Cohen secured a $50 million condo inventory loan for 41 units, or about a quarter of the building.
Hernandez said the developer hasn’t discounted units because it’s priced well for the market at about $950 per square foot. Few units are being rented, and there haven’t been very many resales, she said.
Marina Palms Yacht Club and Residences
Most projects completed last year have been selling since 2014 and 2015. At Marina Palms in North Miami Beach, where sales launched in 2014, owners are having more success with their units than the developer is with its remaining inventory.
Plaza Equity Partners built the 468-unit, two-tower project in two phases. The North Tower was completed in 2015 and is sold out. The South Tower was delivered in February 2017 and was 87 percent sold as of this May, according to property records.
Mike Internoscia, director of sales at Marina Palms, said there have been about 45 resales and 30 rentals at the waterfront project. The developer is discounting units on a case-by-case basis but is not doing so in bulk — at least not yet. It’s sold about eight units so far this year. Plaza Equity Partners is renting about five or six developer units to offset its carrying costs but hasn’t rushed to sell out the second building. Prices for remaining units start at about $815,000 for a 2,000-square-foot, two-bedroom condo. Most resales have closed for slightly more or slightly less, Internoscia said.
Biltmore Parc
Biltmore Parc
Over in Coral Gables, MG Developer recently unveiled an initiative aimed at enticing buyers to pull the trigger at Biltmore Parc, a five-story, 32-unit condo building at 718 Valencia Avenue. Fortune International Realty announced in April that they would allow buyers to put only 10 percent down. The remaining 90 percent of the purchase price would be due within 12 months.
Only 11 of 32 units closed in county records since the project was delivered in December. Daniel Guerra, vice president of development sales at Fortune, said that four units went under contract since the developer began offering that incentive in April, but none of those buyers are taking advantage of the offer. He said Biltmore Parc is actually about 60 percent sold.
Echo Brickell
Property Markets Group is not and will not be renting out remaining inventory.
Ryan Shear, a principal at the development firm, said renting erodes the value of the unit. But he’s not against offering a good discount. Shear said about four units in Echo Brickell are left — the same number of units remaining when the developer completed the 57-story, 180-unit tower at 1451 Brickell Avenue in November. Property records show that 176 units have closed.
“We’re flexible on price,” Shear said. “Some people come in and buy multiple units, but there are no bulk trades. In any condo development, there’s some form of a discount being offered.”
In the meantime, his firm is working on building thousands of rental units in South Florida. Shear would not comment on when PMG plans to launch two high-profile rental projects, one at 300 Biscayne Boulevard and the other at 400 Biscayne Boulevard.
from The Real Deal Miami & Real Estate News News | & Curbed Miami - All https://therealdeal.com/miami/issues_articles/win-lose-or-draw/#new_tab via IFTTT
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walterfrodriguez · 6 years
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Miami developers are being forced to choose: discount, rent or wait it out?
Brickell Heights’ developers, Related and Rockpoint Group, began closing sales in June of last year and have since sold out both towers.
Now that a number of condo projects have been completed this cycle, developers are facing a new source of sales competition: their buyers.
In the first half of the year, real estate agent Ceiliah Epner represented the seller of two units at the Four Seasons Residences at the Surf Club, which Fort Partners delivered in March 2017. Both units sold at a discount compared to the developer’s remaining inventory, Epner said.
“We just looked at what inventory was available and priced it lower than the developer,” said Epner, a real estate agent with Miami Real Estate Group, referring to both deals. “They couldn’t match the pricing.”
Epner also threw in a bonus offer to the buyers’ agents: a 5 percent commission, higher than the developer’s standard 4 percent. Epner had volunteered to take only a 1 percent commission, but ultimately represented both sides in both deals. “I knew we needed to compete against the developer units in all aspects,” she said.
The seller of the two units would only accept full asking price and all cash for both, and the $7 million unit ended up sparking a bidding war, according to Epner. The other unit sold for $6 million. Despite receiving cash on both sales and closing quickly — which was the reason for pricing them so competitively — the seller still lost about $2 million on his investments.
Never mind those losses — the more troubling implications are for that developer, whose unit listing prices were undercut by the reseller, who still didn’t recoup their money.
To understand just how many developers still have product to move ahead of the resellers, The Real Deal conducted an analysis of sales in condo projects that recorded their first closings in 2017 in Miami-Dade County.
The data shows that many of the biggest recently completed condo buildings in the county are at least 50 percent sold. TRD sourced the sales information from the Miami-Dade property appraiser, accounting for sales through May 2018.
(Click to enlarge)
Projects like Biscayne Beach, completed in May 2017 by Two Roads Development and GTIS Partners, and Related Group and Rockpoint Group’s Brickell Heights, delivered a year ago, are sold out, except for one remaining unit in Brickell Heights’ West Tower.
But others, from smaller boutique developments like Louver House in Miami Beach and Biltmore Parc in Coral Gables to the larger Four Seasons at the Surf Club and Privé at Island Estates in Aventura, still have sponsor units left.
At the Four Seasons in Surfside, Louise Sunshine — a strategic adviser to Fort Partners — said the 150-unit development is 85 percent sold with 18 units remaining. Property records show 74 closings have been recorded, which comes out to about 49 percent. The discrepancy between closed sales in property records and the developer’s sales figure can be attributed to the fact that some units are still being built out, Sunshine said, adding that those condos are expected to close within six months. She said that Fort Partners closed the sales center and is not offering any incentives on remaining units.
Mast Capital, too, is a luxury condo developer sitting on inventory, but also claims it is not considering offering buyer incentives. The Miami Beach firm completed Louver House — a 12-unit, four-story development — in August, and it’s 75 percent sold. Anna Sherrill, director of sales, said the three remaining units are priced from $2.3 million to $2.8 million.
As more projects get delivered in 2018 — like Jade Signature in Sunny Isles, Riva in Fort Lauderdale, the Harbour in North Miami Beach and the Paraiso District in Edgewater — developers will be faced with increasing pressure to sell out.
“Timing is everything. It’s not product. It’s not location. It’s timing,” said Peter Zalewski, founder of Cranespotters and director of acquisitions for Brickell Ventures, a real estate fund that targets underperforming properties.
Buyers of preconstruction condos typically try to flip their units, he said. But there’s little benefit in doing so if the building begins closing sales when the market is flooded with inventory, as it is now. “I always tell my clients, ‘Buy preconstruction because you believe in the project, you like it and you wouldn’t mind owning it for a while,’” said Andres Asion, founder of Miami Real Estate Group. “Don’t buy it to flip it. You might get very disappointed when the time comes to sell it.”
When owners aren’t able to sell, “the next hustle is to rent it,” Zalewski said. 
Next up: bulk buys?
Behind closed doors, some developers are negotiating deals of handfuls of units to investors, sources said. Sometimes it’s before a building is completed and starts recording closings, as part of a push to finally wrap up presales. Other times it’s months after a project opens its doors.
“Some of these developers realize the jig is up, and they want to get out sooner than later,” Zalewski said, referring to those who offer discounts for packages of units.
Michael Internoscia, director of sales at Marina Palms, expects “the bulk guys” to fully descend on South Florida’s condo market within six to eight months.
Fund managers are already heading down to South Florida to scout opportunities, Zalewski said. “Typically, it takes one move to sort of trigger it all. Once one deal trades and resets the entire market, everyone piles in and rushes in,” he added.
TRD took a closer look at some of the projects that began recording closings in 2017, tracking where sales stand and what developers are — and aren’t — willing to offer to achieve a sellout.
Privé at Island Estates
Privé at Island Estates
At Privé at Island Estates, sales suffered due to  lawsuits between the developer and neighbors who have opposed the project’s construction since 2013. While only 50 percent of the building’s sales have been recorded, the project is about 85 percent sold, according to senior sales agent Adriana Vargas Hernandez.
About 20 units went under contract or sold in 2018, she said. In February, developers BH3 and Gary Cohen secured a $50 million condo inventory loan for 41 units, or about a quarter of the building.
Hernandez said the developer hasn’t discounted units because it’s priced well for the market at about $950 per square foot. Few units are being rented, and there haven’t been very many resales, she said.
Marina Palms Yacht Club and Residences
Most projects completed last year have been selling since 2014 and 2015. At Marina Palms in North Miami Beach, where sales launched in 2014, owners are having more success with their units than the developer is with its remaining inventory.
Plaza Equity Partners built the 468-unit, two-tower project in two phases. The North Tower was completed in 2015 and is sold out. The South Tower was delivered in February 2017 and was 87 percent sold as of this May, according to property records.
Mike Internoscia, director of sales at Marina Palms, said there have been about 45 resales and 30 rentals at the waterfront project. The developer is discounting units on a case-by-case basis but is not doing so in bulk — at least not yet. It’s sold about eight units so far this year. Plaza Equity Partners is renting about five or six developer units to offset its carrying costs but hasn’t rushed to sell out the second building. Prices for remaining units start at about $815,000 for a 2,000-square-foot, two-bedroom condo. Most resales have closed for slightly more or slightly less, Internoscia said.
Biltmore Parc
Biltmore Parc
Over in Coral Gables, MG Developer recently unveiled an initiative aimed at enticing buyers to pull the trigger at Biltmore Parc, a five-story, 32-unit condo building at 718 Valencia Avenue. Fortune International Realty announced in April that they would allow buyers to put only 10 percent down. The remaining 90 percent of the purchase price would be due within 12 months.
Only 11 of 32 units closed in county records since the project was delivered in December. Daniel Guerra, vice president of development sales at Fortune, said that four units went under contract since the developer began offering that incentive in April, but none of those buyers are taking advantage of the offer. He said Biltmore Parc is actually about 60 percent sold.
Echo Brickell
Property Markets Group is not and will not be renting out remaining inventory.
Ryan Shear, a principal at the development firm, said renting erodes the value of the unit. But he’s not against offering a good discount. Shear said about four units in Echo Brickell are left — the same number of units remaining when the developer completed the 57-story, 180-unit tower at 1451 Brickell Avenue in November. Property records show that 176 units have closed.
“We’re flexible on price,” Shear said. “Some people come in and buy multiple units, but there are no bulk trades. In any condo development, there’s some form of a discount being offered.”
In the meantime, his firm is working on building thousands of rental units in South Florida. Shear would not comment on when PMG plans to launch two high-profile rental projects, one at 300 Biscayne Boulevard and the other at 400 Biscayne Boulevard.
from The Real Deal Miami & Real Estate News News | & Curbed Miami - All https://therealdeal.com/miami/issues_articles/win-lose-or-draw/#new_tab via IFTTT
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darlenelaure · 6 years
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The week in luxury: A map of Miami-Dade’s priciest condo sales
Condo sales in Miami-Dade returned to normal last week.
The county recorded 122 closings for a total of $65.5 million, down from the previous week’s $100.5 million sales volume for 180 units. Condos last week sold for an average price of about $537,000 or $343 per square foot.
The most expensive closing was at Marea Miami Beach. Penthouse 2 traded hands for nearly $6 million, or more than $2,000 per square foot. It was listed with Dora Puig, and Ceiliah Epner brought the buyer. The three-bedroom, nearly 2,900-square-foot condo was on the market for 640 days before it sold.
The second priciest sale was the $5.6 million sale of unit 1103 in the south tower of the St. Regis Bal Harbour. It was on the market for 149 days with Joelle Oiknine. Vanessa Portnoy represented the buyer.
Closing prices in the top 10 deals ranged from $1.6 million to $6 million.
Here’s a breakdown of the top 10 sales from May 6 to May 12. Click on the map for more information:
Most expensive Marea Miami Beach #PH2, Miami Beach | 640 days on market | $6M | $2,069 psf | Listing agent: Dora Puig | Buyer’s agent: Ceiliah Epner
Least expensive Ritz-Carlton Coconut Grove #1502, Miami | 143 days on market | $1.6M | $758 psf | Listing agent: Nina Giambalvo | Buyer’s agent: Mitzi Mitchell
Most days on market Marea Miami Beach #PH2, Miami Beach | 640 days on market | $6M | $2,069 psf | Listing agent: Dora Puig | Buyer’s agent: Ceiliah Epner
Fewest days on market Grovernor House #1103, Miami | 56 days on market | $2.5M | $947 psf | Listing agent: Allison Blumenthal | Buyer’s agent: Nicolas Boucher
from The Real Deal Miami https://therealdeal.com/miami/2018/05/14/the-week-in-luxury-a-map-of-miami-dades-priciest-condo-sales-170/ via IFTTT
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ceiliah · 5 years
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ceiliah · 5 years
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ceiliah · 5 years
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One-of-a-kind Trophy home in the sky. A combination of two (2) bedroom condos to create a 3 BR/3.5 BA 2,940SF interior plus 3,000SF outdoor space open balconies. Breathtaking roof top private swimming pool over looking 750' of private beach to the East (sunrise) and city to the West (sunset). The home is located in the Carillon Miami North Tower. It features two master bedrooms, huge walk-in closets, office, living room with floor-to-ceiling windows, custom built-in bookshelves, family room/tv room with entertainment center, dining room, kitchen with top-of-the-line Miele appliances, 2 full size Subzero refrigerators, Liebherr wine storage. All rooms have electric remote controlled blackout shades. This property is also listed for rent $16,000/month
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ceiliah · 6 years
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Smart Brickell consists of a joint real estate development distributed in three phases. The first phase, Smart 1, was designed as a master plan, complete with three almost identical towers that become more valuable as they expand and share spaces, including commercial areas, amenities, parking lots and a boutique hotel, as well as a sky bar and restaurants. A project for all, curated to express the future of living. AMENITIES: At Smart Brickell residents and guests can enjoy features unmatched anywhere in Miami. SEPARATE RESIDENCE AND HOTEL LOBBIES ELECTRIC PARKING STATIONS 2 POOLS, SPA and PARTY ROOM / 8TH FLOOR SKY BAR AND RESTAURANT / 10TH FLOOR GYM / 24TH FLOOR ROOFTOP LOUNGE / 25TH FLOOR FINISHED, FURNISHED. MOVE-IN READY. Smartly furnished units. The renowned interior design firm Arquitectonica Interiors keenly curated each unit to take full advantage of every square foot. Smart Brickell units are designed to surpass the needs of today’s way of life. The renowned and experienced firm Arquitectonica Interiors focuses on offering Smart Brickell residents two key features that align with Smart Brickell's SMART philosophy: SMART ARCHITECTURE Space and size optimization. SMART INTERIOR DESIGN All units include custom furniture ideal for your home. Apartments start at 538 sq. ft. (50M2) for 1/1 and 753 sq. ft. (76M2) for 2/2 https://ceiliah.com/
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tradedmiami · 3 years
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SALE IMAGE: Pascal Nicolai DATE: 05/29/2021 ADDRESS: 860 S. Shore Drive MARKET: Miami Beach ASSET TYPE: SFR BUYER: Crystal Solorzano SELLER: Pascal Nicolai @Sabaldev, @Sabalbuilder SELLER'S REP: Ceiliah Epner - Compass Florida, LLC LISTING AGENT: Jean-Noel Grinda SALE PRICE: $5,900,000 SF: 5,126 ~ PPSF: $1,151 LOT SIZE: 13,600 #Miami #RealEstate #tradedmia #MIA #MiamiBeach #SFR #CrystalSolorzano #PascalNicolai #CeiliahEpner #CompassFloridaLLC #JeanNoelGrinda #SabalDevelopment #SabalLuxuryBuilder
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alfredrserrano · 5 years
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Movers & Shakers: Retail brokers join Colliers & more
From left: Dave Preston, Jonathan Carter, and Jenny Gefen
Colliers International South Florida expanded its retail division with three new hires, including former Comras Company broker Jonathan Carter.
Carter, David Preston and Jenny Gefen joined Colliers, which recently grew via its acquisition of CREC. Carter was previously managing director of retail leasing, and Preston left Newmark Knight Frank, where he was senior managing director alongside Gefen.
Preston’s clients include Benihana, BankUnited and Orvis, and Gefen’s clients include Checkers, Del Taco and Pieology.
The Keyes Company is moving to new offices in Homestead, Palmetto Bay and on Sunset Drive in Miami. It’s leasing 3,850 square feet at 11570 Sunset Drive, an office that will be home to 127 agents, mortgage, insurance and other employees. It will be completed in February. In Palmetto Bay, the brokerage is opening a 100-agent, 3,650-square-foot office at 8745 Southwest 136th Street by March. And in Homestead, 120 Keyes Company associates will work out of a 5,900-square-foot space at 809 Flagler Avenue. That’s also expected to open next month.
Sheryl Hodor and Troy Hotchkiss of “The Power Team” left Coldwell Banker for Compass. The mother-and-son duo focus on waterfront home sales in Fort Lauderdale. Ceiliah Epner also recently joined Compass as an executive director of luxury sales, bringing with her more than $20 million in listings. She was previously with Andres Asion’s Miami Real Estate Group.
Crossman & Company, a commercial real estate firm with offices in Florida, Atlanta and Charlotte, promoted Fernando Espino to senior associate in its Miami office.
Chip Falkanger was promoted to director of new construction and land development of Florida Luxurious Properties, a Fort Lauderdale-based brokerage.
from The Real Deal Miami https://therealdeal.com/miami/2019/01/28/movers-shakers-retail-brokers-join-colliers-more/ via IFTTT
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juditmiltz · 5 years
Text
Movers & Shakers: Retail brokers join Colliers & more
From left: Dave Preston, Jonathan Carter, and Jenny Gefen
Colliers International South Florida expanded its retail division with three new hires, including former Comras Company broker Jonathan Carter.
Carter, David Preston and Jenny Gefen joined Colliers, which recently grew via its acquisition of CREC. Carter was previously managing director of retail leasing, and Preston left Newmark Knight Frank, where he was senior managing director alongside Gefen.
Preston’s clients include Benihana, BankUnited and Orvis, and Gefen’s clients include Checkers, Del Taco and Pieology.
The Keyes Company is moving to new offices in Homestead, Palmetto Bay and on Sunset Drive in Miami. It’s leasing 3,850 square feet at 11570 Sunset Drive, an office that will be home to 127 agents, mortgage, insurance and other employees. It will be completed in February. In Palmetto Bay, the brokerage is opening a 100-agent, 3,650-square-foot office at 8745 Southwest 136th Street by March. And in Homestead, 120 Keyes Company associates will work out of a 5,900-square-foot space at 809 Flagler Avenue. That’s also expected to open next month.
Sheryl Hodor and Troy Hotchkiss of “The Power Team” left Coldwell Banker for Compass. The mother-and-son duo focus on waterfront home sales in Fort Lauderdale. Ceiliah Epner also recently joined Compass as an executive director of luxury sales, bringing with her more than $20 million in listings. She was previously with Andres Asion’s Miami Real Estate Group.
Crossman & Company, a commercial real estate firm with offices in Florida, Atlanta and Charlotte, promoted Fernando Espino to senior associate in its Miami office.
Chip Falkanger was promoted to director of new construction and land development of Florida Luxurious Properties, a Fort Lauderdale-based brokerage.
from The Real Deal Miami https://therealdeal.com/miami/2019/01/28/movers-shakers-retail-brokers-join-colliers-more/ via IFTTT
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juditmiltz · 5 years
Text
Movers & Shakers: Retail brokers join Colliers & more
From left: Dave Preston, Jonathan Carter, and Jenny Gefen
Colliers International South Florida expanded its retail division with three new hires, including former Comras Company broker Jonathan Carter.
Carter, David Preston and Jenny Gefen joined Colliers, which recently grew via its acquisition of CREC. Carter was previously managing director of retail leasing, and Preston left Newmark Knight Frank, where he was senior managing director alongside Gefen.
Preston’s clients include Benihana, BankUnited and Orvis, and Gefen’s clients include Checkers, Del Taco and Pieology.
The Keyes Company is moving to new offices in Homestead, Palmetto Bay and on Sunset Drive in Miami. It’s leasing 3,850 square feet at 11570 Sunset Drive, an office that will be home to 127 agents, mortgage, insurance and other employees. It will be completed in February. In Palmetto Bay, the brokerage is opening a 100-agent, 3,650-square-foot office at 8745 Southwest 136th Street by March. And in Homestead, 120 Keyes Company associates will work out of a 5,900-square-foot space at 809 Flagler Avenue. That’s also expected to open next month.
Sheryl Hodor and Troy Hotchkiss of “The Power Team” left Coldwell Banker for Compass. The mother-and-son duo focus on waterfront home sales in Fort Lauderdale. Ceiliah Epner also recently joined Compass as an executive director of luxury sales, bringing with her more than $20 million in listings. She was previously with Andres Asion’s Miami Real Estate Group.
Crossman & Company, a commercial real estate firm with offices in Florida, Atlanta and Charlotte, promoted Fernando Espino to senior associate in its Miami office.
Chip Falkanger was promoted to director of new construction and land development of Florida Luxurious Properties, a Fort Lauderdale-based brokerage.
from The Real Deal Miami https://therealdeal.com/miami/2019/01/28/movers-shakers-retail-brokers-join-colliers-more/ via IFTTT
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