South Beach Condos Blog

Hat tip to Hayli for the clarification on Monday’s post:

Hayli Morrison Says: 

Hello all! Banks.com real estate blog writer here. Yep, I’m clueless, but at least you’re reading! Anyway, I fixed the aforementioned problems. I will say that the “popular beach vacation destination” referred to Florida in general, which had four cities on the “worst” list. Anyway, the language in that sentence has now been changed to eliminate any confusion and offense. Thanks again, and I’ll see you at Banks.com!

Another note:  They even changed the picture!

 UPDATE:  New blog post over at banks.com “Miami Beach is NOT Miami.”

Mini-rant.  I can’t take it anymore.  About five minutes ago I was reading a blog post from Banks.com entitled “Miami Projected To Be Worst Market Of ‘08.” The author of this post needs to use MapQuest or get a plane ticket to Miami.

So, I decide to read the report sourced in the post and while reading it I noticed that they are clearly speaking about the city of Miami.

While Hawaii is at the top of its game right now, another popular beach vacation destination is gasping for air.

Where’s the editor?  The City of Miami proper does not have ANY beaches.  Miami and Miami Beach are two completely different cities.  Combining Miami and Miami Beach as one real estate market is like combining New York City and Newark, NJ, as one.

Oh, and to further the author’s credibility, notice the pretty picture of Ocean Drive and South Beach in the post.

Duh.

Ok off the heels of last week’s wildy successful “Great Deals” post, I decided to make it a regular here at the SBCB.  Some of these condos may or may not be in foreclosure or bank-owned.  I truly believe that the best deals are out there, it’s just that they are being overlooked because many people’s eyes light up when they hear foreclosure or short-sale.  Word to the wise:
short-sales and foreclosures are not always the best buys.  Don’t tell me I didn’t warn you!

Blue Diamond:

4775 Collins Avenue #3106.  Best buy for a 1/2 + den on a high floor.  Bank-owned.  Have at it!

Check out all Blue and Green Diamond condos for sale here

Canyon Ranch Living Miami Beach

6801 Collins Avenue #1405. $1.2M.  Incredible flow-through unit with east, south, and west exposures.  This deal is almost too good to be true.  AAA building with a great future!

6801 Collins Avenue #2006. $837K.  LPH unit on the 20th floor.  2/2 split floor plan.  Western views of Miami Beach and downtown Miami.  Huge terrace.  See for yourself.  Great price point to be in this exclusive resort.

Check out all Canyon Ranch Living Condos for sale here

The Floridian

650 West Avenue #1008. $599K.  3 bedroom/2 bath with 1191 sq. ft.  in newer bay front building in South Beach.  Haven’t seen these numbers in a while.  Bank-owned

AQUA Allison Island Condos

Gorlin Building: 6101 Aqua Avenue PH 11B.  $1.999M
Spectacular two-level penthouse in super desirable Gorlin building. Unit is drop dead! 2800 +/- interior sq. ft. with 20 ft. glass atrium and rooftop hot tub. Make offers.

Click here for all available condos for sale in AQUA Allison Island.

One Bal Harbour

10295 Collins Avenue #909. $2.25M. Incredible direct oceanfront northeast corner in the most talked about building on Miami Beach and Bal Harbour. Quality, finishes and amenities unrivaled by ANY luxury building in South Beach or Bal Harbour!

Click here for all available condos for sale at One Bal Harbour.

So Miami and Miami Beach were front and center today on CNBC and the Today Show. I brought together video segments from today’s coverage for my readers. I’ll let the videos, good and bad, do the talking.

Here’s my official comment on the Miami real estate market:

The developers did overbuild, thus creating an oversupply, but is that such a bad thing? A wound was created on the Miami real estate market by the gold rush mentality of the real estate developers, and it is ok. Do you know why it’s ok? Because the wound will heal and Miami will still have the sexy allure that NO other city in the US has.

As many of you may know, I tell the good AND the bad. I was watching the Today Show and they did a GREAT segment on Miami and our unprecedented growth as a city, and why all will, eventually, be ok.

Also, one thing I would like to clarify: Miami and Miami Beach are two completely different markets. Comparing Miami real estate to Miami Beach real estate is like comparing the Upper East Side of Manhattan to the Bronx.

The CEO of my firm, Ron Shuffield, was interviewed by Carl Quintanilla of CNBC. The subtitle for the segment is: One can buy five condos on Miami beach for the price of one in Manhattan, reports CNBC’s Carl Quintanilla. They were clearly talking about Miami condos NOT Miami Beach or South Beach condos.

Search Miami Beach real estate here