Crytpic Miami Beach: 4462 North Bay Road Up in Flames

Just three days ago I wrote about Miami Beach waterfront real estate statistics and identified 4462 North Bay Road in Miami Beach as a good buy. Well, low-and-behold, it burnt to the ground today.  There has been lotsa news coverage on it so I won’t bore y’all with all the same stuff that you’ve probably heard […]

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Miami Beach Luxury Real Estate: Shaq Finally Sells Star Island Manse for $16M UPDATED

Miami Beach Luxury Real Estate: Shaq Unloads Manse After Over 4 Years on Market UPDATE:  Shaq house sells $19M less than original list price of $35M.  UPDATE 2:  Vladislav Doronin, aka Naomi Campbell’s boyfriend, is the buyer. Originally listed in 2005, Shaq’s FORMER home located on Star Island in Miami Beach closed yesterday for an undisclosed amount.  […]

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South Beach: South of Fifth Street (SoFi)

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 […]

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

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, […]

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Miami Beach Real Estate: South Beach Condo Stats for 1st QT 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 […]

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Owner of Recently Closed Miami Beach Restaurant “The Forge,” Lists Ocean Drive Home for $10.9M

Last week, Shareef Malnik, owner of The Forge Restaurant in Miami Beach, listed his home at 222 Ocean Drive in South Beach for $10.9M.  Malnik paid $1M for the South Beach real estate in 1995.  The most interesting fact about the house is that now it is the ONLY single family home on Ocean Drive.  Gianni Versace’s […]

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