Archive for the ‘Apogee’ Category

Miami Beach Real Estate: A Six-Year Retrospective of the Miami Beach Condo Market

Tuesday, August 17th, 2010

I haven’t been around much lately; the reason for that will become apparent very soon. In the meantime, this post was inspired by an email from a consumer who wants to buy a Miami Beach condo and asked me for some insight. Since I didn’t readily know the answer to the question (and I usually do), I figured it was time [...]

Apogee South Beach: Michael Caine Lists; Vitamin Giant Andrew Lessman Sells; New to Market: $9M SW Corner

Saturday, May 1st, 2010

Well, well, well.  Apogee.  Uh huh.  Where to start.  Let’s start with the celeb stuff:

Michael Caine lists four bedroom, three-and-a-half bath “01″ SE corner unit for $6,995,000.  No news on why or what’s next.  No interior shots to show you.  I got nuttin’.  Here’s a standard floor plan for the “01″ line.
HSN vitamin behemoth, Andrew Lessman, [...]

Miami Beach Real Estate: 2009 South Beach Condo Market Index

Wednesday, February 10th, 2010

2009 luxury real estate statistics for condos in the SoFi neighborhood of South Beach. The condo index is comprised of nine waterfront high-rise condos: Apogee South Beach, Continuum South Beach: North & South, Portofino Tower, South Pointe Tower, Murano at Portofino, Yacht Club, Murano Grande and ICON South Beach. There were 129 sales in the condo index in 2009 vs. 153 in 2008, a drop of 16%.

Miami Beach Real Estate: 3QT 2009 Stats for Condos in South of Fifth Neighborhood

Thursday, November 19th, 2009

This has been a very interesting year. I’ve said before that the SoFi neighborhood in South Beach has weathered the real estate storm like a champ. Our busiest time of the year begins with Art Basel at the beginning of December and continues well into June.

For the previous few years, the week of Art Basel has been incredible. Last year was the year of NO action; and it only got worse from there. While inventory languished on the market for the first half of the year, sellers seemed to hear the message. List prices dropped, and dropped fast.

Setai South Beach Penthouse Back on the Market: $24M

Tuesday, September 1st, 2009

One of the most talked about Penthouses has returned to the market for $24,000,000. 
Setai South Beach Located at 101 20th Street, Miami Beach
Penthouse ”B” at Setai South Beach has been on and off the market for more than a few years now.  It was originally purchased from the developer in 2004 for $9,500,000.  It came back on [...]

South Beach Real Estate: SoFi Condo Stats for 2QT 2009; Apogee Continues Reign; Price Declines and Huge Drops in Sales

Thursday, August 20th, 2009

Since starting this blog which, which seems like it’s been going on and on for years now, I was really excited to find out that I did a stats post for the EXACT same time period last year.  When doing stats, my goal is to not just give the numbers but to show what they [...]