Archive for the ‘South Beach/SoFi’ Category

South Beach: South of Fifth Street (SoFi)

Tuesday, June 2nd, 2009

I received a voice mail from a local news station about  the South of Fifth street neighborhood (SoFi), in South Beach, asking me to do an on-camera interview for a story they were doing on the area.  I was thinking to myself, “Why are they doing a story on SoFi?  I’ll bet you The New York [...]

Miami Beach Real Estate: Continuum Penthouse Sells Over $15M BELOW Original List Price UPDATED

Thursday, May 21st, 2009

The Penthouse at Continuum South Beach, located at 100 S. Pointe Drive, once listed for $25M has sold for $9.9M. Back in March, a penthouse at Il Villaggio in South Beach, originally listed at over $18.9M, sold for $7M. Penthouse 1 at Continuum was owned by Howard and Lillian Steinberg.  The penthouse, purchased in 2003 for $7M, has five bedrooms, [...]

Miami Beach Real Estate: South Beach Condo Stats for 1st QT 2009

Thursday, May 14th, 2009

Providing real estate stats for South Beach real estate, as you could guess, is not all that exciting.  I’ve had that stats for about a month now but haven’t posted them because I feel that providing the raw data WITHOUT insight is offering no service to my readers and my clients.  The last month has [...]

South Beach Real Estate Shock and Awe: SoFi Luxury Condo Sales Up 41.9% Over 2007

Wednesday, February 4th, 2009

In my last post on real estate statistics for Miami Beach condos in South Beach, A LOT was revealed by comparing 2007 to 2008 data for condos in the South of 5th / SoFi neighborhood. And now, here’s more information from the Southeast Florida Regional MLS that indicates this area has performed amazingly, especially considering the [...]

Miami Beach Real Estate: 2008 South Beach Condo Market Index

Wednesday, January 28th, 2009

Last year was very telling for Miami Beach real estate in terms of how the market actually performed versus how people think it performed.  Everyone has an opinion on where the market was, is, or where it’s going, but the current evidence speaks for itself. Read on, and you’ll find some surprises. As for the [...]

South Beach Real Estate: Miami Beach Condo Market Index

Sunday, November 16th, 2008

If you are a buyer or a seller of South Beach real estate, you may be wondering how the market is holding up for condos in Miami Beach.  I like to use the South of Fifth neighborhood (SoFi) because it has a nice concentration of condos and is considered the area of the most prestigious condominiums in [...]