djamal-soft
الأحد، 15 يونيو 2014
Now days, South Florida's flourishing real estate market regarded as a much safer choice to foreign billionaires than cash or stocks in weaker economies. A top investment firm Chief executive officer, Jeffrey Gundlach, was quoted in the Bloomberg News validating "huge growth at the high end" in Miami and New York real estate markets.
The sale of Setai South Beach condo 3509 for $12,000,000 set the record for the most expensive price per sq . ft . ever sold in all Miami Dade County for $4,760. This fabulous, very sought after one of just six 09-line seaside condominiums located very high on the 35th floor boasts three bedrooms, three bathrooms, and 2,521 sq . ft . of living space.
The most-recent large transactions at the Mansions at Acqualina in Sunny Isles Beach and Faena House on Miami Beach indicate to an ongoing wave. Both lavish and opulent penthouses were offered for sale at $50Million or higher, attained purchasers (probably international real estate investors) in the last few months. Details were not publicized; nevertheless, either purchase would undoubtedly set the record for Miami's priciest condominium purchase.
For billionaires who can buy a residence in any city of their choice around the world, compare the Miami housing market to other major markets for instance New York, London and Moscow, Miami at around $5000 per square foot remains a bargain.
The Miami Market as a whole is so sizzling hot at this time, that the Brickell and Biscayne corridor market place sounds like Dj vu circa the year 2006. The Miami Design district in addition has become the cutting edge it center. Developer Craig Robbins has made a new high end shopping destination with name brand tenants such as Cartier, Christian Louboutin, Hermes and also Prada for example.
Just like the recently marketed and soldout Faena House, there were numerous other luxury Miami Beach condos presented which may have maybe one to two condominiums remaining . Most of these condos almost sold out at a rate that not a single person, including real-estate professionals as well as developers predicted. Glass Miami Beach on famous Ocean Drive has one apartment left listed for $7,900,000 and also Beach House 8 has only two apartments still left BH 6 asking $7,750,000 along with BH3 $5,950,000.
The sale of Setai South Beach condo 3509 for $12,000,000 set the record for the most expensive price per sq . ft . ever sold in all Miami Dade County for $4,760. This fabulous, very sought after one of just six 09-line seaside condominiums located very high on the 35th floor boasts three bedrooms, three bathrooms, and 2,521 sq . ft . of living space.
The most-recent large transactions at the Mansions at Acqualina in Sunny Isles Beach and Faena House on Miami Beach indicate to an ongoing wave. Both lavish and opulent penthouses were offered for sale at $50Million or higher, attained purchasers (probably international real estate investors) in the last few months. Details were not publicized; nevertheless, either purchase would undoubtedly set the record for Miami's priciest condominium purchase.
For billionaires who can buy a residence in any city of their choice around the world, compare the Miami housing market to other major markets for instance New York, London and Moscow, Miami at around $5000 per square foot remains a bargain.
The Miami Market as a whole is so sizzling hot at this time, that the Brickell and Biscayne corridor market place sounds like Dj vu circa the year 2006. The Miami Design district in addition has become the cutting edge it center. Developer Craig Robbins has made a new high end shopping destination with name brand tenants such as Cartier, Christian Louboutin, Hermes and also Prada for example.
Just like the recently marketed and soldout Faena House, there were numerous other luxury Miami Beach condos presented which may have maybe one to two condominiums remaining . Most of these condos almost sold out at a rate that not a single person, including real-estate professionals as well as developers predicted. Glass Miami Beach on famous Ocean Drive has one apartment left listed for $7,900,000 and also Beach House 8 has only two apartments still left BH 6 asking $7,750,000 along with BH3 $5,950,000.
About the Author:
David Nguah is a regarded expert in the South Beach Real Estate market and has websites focused to the most sought after South Beach properties and residential neighborhoods delivering in-depth info on all condominiums listed for sale, rent and the most recent sales. See info on the record Sale at The Setai South Beach.
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