Posts with tag miami beach

House of the Day: Big and Bold in Miami Beach

I'm all for use of color in a house, but years of watching "Miami Vice" trained my eye to expect pastels in that city, not strokes of bold color. Heck, even the lawn flamingos are pink. So, you might want to bring either your paintbrush or sunglasses to this Miami Beach home listed at $3.7 million. The... Continue Reading »

House of the Day: A Sparkling Waterfront Condo for Much Less

Many investors have Miami Beach in their sights, so we thought we'd do a little bargain-hunting ourselves. We turned up this uber-sophisticated 20th-floor condo on Miami Beach's Millionaires' Row with a price tag of $1.2 million. At the market's peak, it would have been listed at least 30 percent more. Continue Reading »

Miami Rentals Drop, Defy National Trend

The housing market's continual funk may be helping landlords, but not when it comes to Miami rentals. Take Beatriz Carrazana, tenant in Miami's Vue condominium in the Brickell area. She recently re-signed her lease for another year with no raise in rent. And if there's an area that's hot for rentals, it's the trendy,... Continue Reading »

Miami Beach Real Estate Market Awash in Foreign Cash Buyers

Sure, $2 million is a drop in the bucket for many of the buyers around Miami Beach's swank North Bay Road area, where homes begin in this price range. But for these buyers, many of whom are wealthy foreigners, cash is burning a hole in their pockets. The traditional route of bank financing, down payment and mortgage is... Continue Reading »

Miami Beach Luxury Real Estate Gets Cheaper as Short Sales Abound

Finding a "cheap" mansion on Miami Beach has become easier in the last few years due to the yo-yo-ing real estate market. That is, if you consider $3 million to be cheap. A few years ago, many of the properties on millionaire-row streets like North Bay Road and Palm Avenue were untouchable by many well-to-do buyers. Now... Continue Reading »

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