| Issue #30, October 20, 2006 |
Is Miami Right For Me?
As the temperature cools on the East End and in the City, Miami Beach real estate is heating up.
Miami and Miami Beach have wonderful, beautiful properties in all price ranges and styles. Charming one-bedroom condos in a deco building, right in the heart of South Beach, range from $225,000-$275,000. One and two bedroom waterfront condos start in the low $300,000s and go into the millions for the fabulous luxurious ones with cutting-edge architecture.
One of the most desirable areas to live in is SOFI (South of Fifth) – home to fine restaurants such as Joe’s Stone Crab, Prime 112, Smith & Wollensky. You can see the magnificent glistening tourquoise ocean and beach from condos at the Continuum or Portofino Tower. Watch the ships go up Biscayne Bay into Government Cut and into the ocean from Murano’s, Yacht Club, and Icon. These buildings also have stellar views of the Miami skyline. Two bedroom condos is this area range from the $600,000s to $8 million.
A more affordable area that has stunning panoramic bay and skyline views is Belle Isle on the Venetian Causeway. These full-service buildings that were built between the 50s and the 80s have docks, pools, parking, tennis courts and are priced at only $300-$490 per square foot. Miami, of course, also has magnificent houses in all price ranges and styles.
A new trend in South Beach is the condo hotel, which offers investors an opportunity to spend some time in prime locations while also having a program which brings them revenue when not owner-occupied. Along Ocean Drive and Collins Ave., nicknamed, “The American Riviera” new conversions or pre-construction projects include The Tides, Nicky O South Beach, The Strand, Paradiso, The Regent, and W South Beach.
Marjory Dressler, Miami real estate pro, can discover the perfect home for a selective buyer. A pioneer of South Beach real estate, having bought and sold in the area since 1990, Marjory is also a former resident of both Manhattan and East Hampton. This puts her in the unique position to be an expert about these markets – she understands what kind of Miami home best complements the lifestyle of someone who also owns in New York. She has, at her fingertips, everything from waterfront buildings in South Beach to new developments in downtown Miami. She has even sold homes long-distance, with the buyer not seeing the property in person until the closing. And the buyer was delighted!
“I know what people are looking for and what people want,” explained Marjory. “Home-owners in the Hamptons are very discriminating and I can find them just the right type of house or condo in Miami or Miami Beach!”
New Yorkers need not miss the arts and culture if they plan to make Miami their second or third home. Miami is a burgeoning cultural city, boasting numerous museums, galleries and festivals, such as the world-renowned Art Basel event.
The just opened, world-class, Carnival Center for the Performing Arts, has been a major impetus for the incredible real estate boom in downtown Miami. Beautiful new glass structures, which have traditional condos as well lofts, are rising in the Brickell area, Miami River and the Biscayne corridor. No wonder Miami is sometimes referred to as “the sixth borough” of New York. This, combined with its year-round, enviable, sunny, and warm climate makes it a must-have homebuyer’s destination.
Marjory is an acclaimed agent with Majestic Properties, the fastest-growing, privately-held, full-service real estate company in the United States, according to the prestigious INC. 500 ranking, as well as one of South Florida’s largest.
Marjory Dressler can be contacted by phone at 305-790-4243 or via email at mdressler@majesticproperties.com. For more information please visit www.dresslermiami.com.
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