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Photo courtesy of Boston Globe A reality of today’s market are price reductions. While most real estate agents try to educate their clients on the state of the current real estate market in Miami Beach, sometimes condo sellers do not heed the advice of their agent for multiple reasons. What I have found is that most of my […]
Heinous MLS Photo of the Week
Sunday, October 7th, 2007This picture isn’t that horrible, if you can keep from noticing dustpan IN THE CENTER OF THE PHOTO, but it was the title that makes it a great selection for HPotW: Architectural Digest Perfection I bet Paige Rense would make this her cover shot of the next issue, if she were only lucky enough to […]
Platinum Miami Condo Auction: Why Do Market Fundamentals Still Not Matter?
Sunday, September 23rd, 2007Ok, so everyone is talking about this Platinum auction thing like it is some bellwether of things to come. I did not attend. Reading all the “coverage” on the event was humorous, to say the least. From all accounts, it was the same old feeding-frenzy that has captivated Miami real estate for the last five years. Here is […]
Regent’s Out, Hilton’s In, and What’s Up with The Gansevoort?
Saturday, September 15th, 2007According to the Miami Herald, the Regent Hotel has left as operator of the new hotel at 1458 Ocean Drive in South Beach. The new hotel operator is Vincci, a Spain-based hotel chain. The 80–unit property opened nine months ago were sold as condominium hotels. If I were a owner of a unit, I would be pretty annoyed. […]
Waterfront Home in Foreclosure in Miami Beach-Sunset Islands
Friday, September 14th, 2007Foreclosure at 1440 W. 23rd Street, Miami Beach It is very rare for a home in a neighborhood like this to be in foreclosure. The home has four family bedrooms and one maids room, 6,121 interior square foot and a 18,813 square foot lot. Built in 1957, the home was completely renovated approximately seven years ago by Wallace Tutt, whose credits include Cher and […]
