South Beach Condo Blog

Gerald Posner on the Real Estate Boom in Miami Beach

I have to say, being a real estate agent, I’m kinda, well REALLY happy that they won, but don’t tell Gerald that, ok? Just between you and I, ok?

On market for over three years, 2046 North Bay Road sells for $9,750,000

Originally listed for $17M, 2046 North Bay Road is sited on a 38,314 sq. ft. lot.  The newly-constructed  14,582 sq. ft. home sold for $668.63 psf.  The estate has seven bedrooms, nine bathrooms, two half-baths, and a four car garage.
Prior to this sale, there [...]

 
88 La Gorce Circle, Miami Beach, FL
Check out the listing here 
More on La Gorce Island homes

 
New Expose Ends Party in Miami. Literally.
 

Set to hit bookstores next week, Gerald Posner’s new tell-all on Miami, Miami Babylon, is creating quite the buzz here with the “old guard.”  After reading advance copies of the book, it seems that the wealthy and powerful have decided to take a pass on the parties for the [...]

What defines a trophy property?  A trophy property, in this case, is real estate that is superlative for one reason or another, and not determined solely on price.  Other factors like location and provenance play a large part, if not larger, than the actual price.  
1. 1736 W. 28th Street, Miami Beach

 This home comes in first place for [...]

According to People Magazine, JLO and Marc Anthony have “bought” a new apartment at ICON Brickell.  I find it very hard to believe that they would actually spend money to live in a complex with 1,800 people.   I can’t wait to see the tax roll come up.
So far there has only been about 30 units [...]