Residential

[Report] Mid-Market Miami Single-Family Home Sales Rise 9.4 Percent in December

Mid-market Miami single-family home sales rose 9.4 percent in December, evidence of strong demand in one of the nation’s most sought-after real estate markets, according the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Sales for single-family homes priced between $300K and $600K increased 9.4 percent year-over-year in December, from 480 to 525. Single-family luxury home sales jumped 11.4 percent year-over-year, from 70 to 78. Median prices rose 6.7 percent for single-family homes to $355,000. Condo median prices stayed even at $235,000. Here is the full report:  Total Home Sales Decrease in December Due in Part to Higher Interest Rates Consistent with market performance throughout the U.S., higher interest rates resulted in fewer Miami-Dade home sales in in December. After five months of consecutive increases countywide, total Miami-Dade County sales decreased 6.2 percent year-over-year in December 2018, from 2,219 to 2,081. Lack of inventory in lower price points also contributed to the decline in transactions. “Overall Miami-Dade real estate had another strong year in 2017, including more total sales than what we had in 2018,” said 2019 MIAMI Chairman of the Board José María Serrano. “While total sales year-over-year decreased in December due to higher interest rates, now that mortgage rates have declined, we expect to see sales increase in the coming months.” Low mortgage rates make purchasing a home more affordable. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage decreased to 4.64 percent in December from 4.87 percent in November. The average commitment rate for all of 2017 was 3.99 percent. Miami single-family home sales decreased 5.1 percent, from 1,065 to 1,011. Condo sales decreased 7.3 percent, from 1,154 to 1,070. Condo sales had increased in nine of the last 11 months before December. The decrease in December 2018 is due to a lack of inventory in lower price points. Inventory decreases for Miami single-family homes selling at $400,000 and below. Total sales volume decreased 5.6 percent to $928.8 million in December 2018. Single-family home dollar volume increased 0.2 percent from $538.8 million to $539.6 million. Condo dollar volume decreased 12.5 percent from $444.7 million to $389.2 million. Lack of access to mortgage loans continues to inhibit further growth of the existing condominium market. Of the 9,307 condominium buildings in Miami-Dade and Broward counties, only 12 are approved for Federal Housing Administration loans, down from 29 last year, according to Florida Department of Business and Professional Regulation and FHA. Single-Family Luxury Home Sales Rise 25.8 Percent in December Miami single-family $1-million-and-up luxury home sales rose 25.8 percent, from 62 to 78. Condo luxury home sales decreased 4.8 percent to 59. Luxury single-family home sales have now increased or stayed even for eight consecutive months. Luxury existing condo sales have increased in seven of the last 10 months. Seven Consecutive Years of Price Appreciation in Miami Miami-Dade County single-family home prices increased 6.7 percent in December 2018, increasing from $332,850 to $355,000. Miami single-family home prices have risen for 85 consecutive months, a streak of seven plus years. Existing condo prices stayed even year-over-year at $235,000. Condo prices have increased or stayed even in 88 of the last 91 months. Miami Distressed Sales Continue to Drop, Reflecting Healthy Market Only 6.2 percent of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 8.9 percent in December 2017. In 2009, distressed sales comprised 70 percent of Miami sales. Total Miami distressed sales decreased 35.4 percent year-over-year, from 198 to 128. Short sales and REOs accounted for 1.3 and 4.8 percent, respectively, of total Miami sales in December 2018. Short sale transactions decreased 43.8 percent year-over-year while REOs decreased 32.7 percent. Nationally, distressed sales accounted for 2 percent of sales, unchanged from 2 percent last month and down from 5 percent a year ago. Miami Real Estate Selling Close to List Price The median number of days between listing and contract dates for Miami single-family home sales was 56 days, a 30.2 percent increase from 43 days last year. The median number of days between the listing date and closing date for single-family homes was 98 days, a 1 percent increase from 97 days. The median time to contract for condos was 76 days, a 12.6 percent decrease from 87 days last year. The median number of days between listing date and closing date decreased 9.4 percent to 115 days. The median percent of original list price received for single-family homes was 94.8 percent. The median percent of original list price received for existing condominiums was 93.1 percent. National and State Statistics Nationally, total existing-home sales decreased 6.4 percent from November to a seasonally adjusted rate of 4.99 million in December. Sales are now down 10.3 percent from a year ago (5.56 million in December 2017). Statewide closed sales of existing single-family homes totaled 20,633 last month, down 9.9 percent compared to December 2017, according to Florida Realtors. Statewide closed condo sales totaled 8,156, down 11.4 percent compared to a year ago. The national median existing-home price for all housing types in December was $253,600, up 2.9 percent from December 2017 ($246,500). December’s price increase marks the 82nd straight month of year-over-year gains. December marked 84 consecutive months of year-over-year statewide median sale price increases for both single-family homes and condo-townhouse properties. The statewide median sales price for single-family existing homes was $255,000, up 4.2 percent from the previous year. Last month’s statewide median price for condo-townhouse units was $185,000, up 2.8 percent over the year-ago figure. Miami’s Cash Buyers Represent Almost Double the National Figure Miami cash transactions comprised 34.8 percent of December 2018 total closed sales, compared to 39.3 percent last year. Miami cash transactions are almost double the national figure (22 percent). Miami’s high percentage of cash sales reflects South Florida’s ability to attract a diverse number of international home buyers, who tend to purchase properties in all cash. Miami has a higher percent of cash sales for condos due to lack of financing approvals for buildings. Condominiums comprise a large portion of Miami’s cash purchases as 48.1 percent of condo closings were made in cash in December compared to 20.7 percent of single-family home sales. Balanced Market for Single-Family Homes, Buyer’s Market for Condos Inventory of single-family homes increased 15.1 percent in December from 5,969 active listings last year to 6,872 last month. Condominium inventory increased 5.8 percent to 15,852 from 14,984 listings during the same period in 2017. The increase in inventory is for properties above $300,000 for condos and for properties above $600,000 for single family homes. Months supply of inventory for single-family homes increased 14.3 percent to 6.4 months, which indicates a balanced market. Existing condominiums have a 13.7-month supply, which indicates a buyer’s market. A balanced market between buyers and sellers offers between six and nine months supply. Total active listings at the end of December increased 8.5 percent year-over-year, from 20,953 to 22,724. Active listings remain about 60 percent below 2008 levels when sales bottomed. New listings of Miami single-family homes decreased 4 percent to 1,220 from 1,271. But new listings for homes priced between $400,000 to $999,999 increased 7.3 percent. New listings of condominiums decreased 0.2 percent, from 1,782 to 1,778. Nationally, total housing inventory at the end of December decreased to 1.55 million, down from 1.74 million existing homes available for sale in November. This represents an increase from 1.46 million a year ago, however. Unsold inventory is at a3.7-month supply at the current sales pace, down from 3.9 last month and up from 3.2 months a year ago. Note: Statistics in this news release may vary depending on reporting dates. MIAMI reports exact statistics directly from its MLS system. Brought to you by  

Top traits of good Miami homes people look for

Buying a house is one of the most important things you will ever do in a lifetime! This purchase is right up there with choosing your significant other and deciding on a career path. On that note, what you need to know are the top traits of good Miami homes that you should be looking for once you decide to spend your savings and finally buy your dream home. As a long-standing professional brokerage in the real estate world, we would like to show you what to pay attention to the most.  Traits of good Miami homes 101 Now, it goes without saying that every person has certain wishes or traits they wish to see in their new home. Perhaps you cannot imagine living in a residence without a pool. On the other hand, you may decide to keep it low-key, and choose a traditional home, instead. No matter your preferences, there are certain aspects that take prevalence over others. And, if you decide to move to Miami from a long distance, you may not be informed at the moment of what it is that Miami residents look for in their homes. Well, you can consider that a thing of the past because we present to you everything you need to know when looking for a property in this colorful city! Life in Miami is a dream come true for so many people. Look for the right size of the home When it comes to your Miami home, the size does matter. You need to find a home that will not only fit your budget and satisfy your current needs but that can also adapt to your life in the future. What does that mean? Well, simply put, you may be buying a home as a young married couple. Maybe you already have one child or even two. But, you never know what the future holds, so you need to find a home that can facilitate your future needs, as well. A good rule of thumb is to buy a three to four-bedroom house, as such houses are always in demand, which makes them easy to sell.  The location of your Miami home matters The location and the neighborhood of your home are the two things you will not be able to change nor upgrade. Once you buy a house, that is it, you are stuck in that place. There are many neighborhoods in Miami to choose from, and at least one of them will be the right fit for you. That is why you need to give yourself enough time and choose wisely. We are sure you already have your own criteria for choosing the perfect location. However, be sure to take the following things into consideration. Close proximity to different amenities is one of the top traits of good Miami homes people often look for. A house that is located in a good school district.  Low crime rates are an important factor for any neighborhood in any city.  The ability to walk or take a short car ride to get to your workplace. A house in a good school district is always highly valued. Pay attention to the curb appeal They say that people fall in love with what they see with their own eyes. Miamians are well-known for putting great emphasis on looking their best at all times, and their homes are no different. For an average resident of Miami, the curb appeal of their home is a highly valued trait. Everyone wants to live in a house that others will praise and that is no secret. So, when looking for a Miami home, pay attention to the curb appeal, which includes both the yard and the house itself. Some things that quickly add to a nice overall look of a home are:  A fresh coat of paint A well-kept yard A nice and homey porch If you are already putting yourself through mortgage when buying a home in Miami, make sure it counts. Look for a home that is pleasing to the eye, and that does not need a lot of work once you move in.  People look for a good structure Issues with the foundation itself Water or mold damage Problems with electricity and plumbing A bad architectural plan of the walls and their position An impeccable structure is one of the top traits of good Miami homes. Once you conclude that a house has all of the traits mentioned above, you are on a good path to becoming a homeowner. This is an exciting, new period in your life. However, there is one other thing left for you to do - plan out your relocation. In a lot of cases, people seek out the help of professional movers. You have a wide range of moving assistance options to choose from, so you are bound to find something that will be useful to you. As with everything else, you should take your time when choosing and not make any hasty decisions. So, if you decide to be brave and buy a house in Miami, remember to be careful. There is a fine reason why people look for certain traits of good Miami homes, as these traits can decide whether you become a happy homeowner or a regretful one. Why risk becoming the latter one when you can be careful now, while nothing has been signed yet? Good luck, and may you choose the best Miami home for you and your family! Brought to you by

Cervera Talks Latest Trends In Luxury Living: Combining Condo Units Into Massive Sky Homes

For decades, the appeal of suburban living has had two major advantages over downtown dwelling: space and shopping. Most downtown real estate is compact by comparison, and many retailers and restaurants moved their operations years ago from urban cores to suburbia’s shopping plazas and malls. But as a legion of luxury condos has risen from Miami’s sand and limestone, a new trend in the high-end market has shifted attention back to South Florida’s cities. Downtown Miami and Fort Lauderdale again boast thriving arts, entertainment, dining and cultural destinations. The only missing link — space — has now been accounted for thanks to the creative thinking of architects and condominium owners. Purchasing multiple condo units and combining them into one unit gives residents everything they’re looking for in swanky downtown living: plenty of breathing room, access to everything the city has to offer and, of course, stunning views.  “Our city is becoming more vertical, and now people are preferring condos in the urban core versus the commute into the suburbs,” said Alicia Cervera Lamadrid, managing partner and principal of Cervera Real Estate. “Plus, downtown is a beautiful place to live, so it’s a win-win. There aren’t a lot of immediate choices for larger units, so combining units is a good alternative.” Here are six new and under-construction buildings where some owners have combined condo units, bringing a solution to cramped city living with mansions in the sky. PALAZZO DEL SOL Located on exclusive Fisher Island, Palazzo Del Sol is undoubtedly one of Miami’s most desirable addresses. As continuous requests came in from buyers to combine units, developers took note and merged Palazzo Del Sol’s two floor-plan options into a 10,000-square-foot dream home, priced at $17.4 million. Taking the level of luxury one step higher, Artefacto transformed the five-bedroom condo into a contemporary space with sleek grays and silvers and elegant finishes. Sitting in the huge living room, surrounded by whitewashed hardwood floors and substantial art, you could almost picture yourself in a suburban manse — until the sprawling views of the city and ocean remind you where you are. 7000 Fisher Island Drive, Miami Beach; 305-535-6071; palazzodelsol.com. THE RITZ-CARLTON RESIDENCES, MIAMI BEACH The Ritz-Carlton Residences, Miami Beach, has fashioned a combined penthouse of epic proportions. The two-story mansion is a mash-up of two penthouse floor plans, creating a $40-million residence with 25,589 square feet of indoor and outdoor space. Featuring seven bedrooms, 10 bathrooms, a private hammam spa, butler kitchen, library, wine room, screening room and game suite, the unit also has soaring ceilings and views of the city or ocean from almost every room. Swimming is simplified with sunrise and sunset pools, each with hot tubs, plus two additional private plunge pools adjacent to the two master suites. ‘Our city is becoming more vertical, and now people are preferring condos in the urban core versus the commute into the suburbs.’ Designed by Italian architect Piero Lissoni, the property offers a tropical living experience with the service standards and amenities of The Ritz-Carlton brand. Here, that includes a 36-slip marina and floating helipad. 4701 Meridian Avenue, Miami Beach; 305-602-2929; theresidencesmiamibeach.com. ECHO BRICKELL This boutique building in the heart of Brickell has taken personalization to another level. To suit their specific needs, each owner was given the opportunity to alter finishes, design elements and even floor plans. Eight chose to purchase multiple units and combine them. Designed by renowned architect Carlos Ott, no two homes in Echo are exactly the same. Units have been combined vertically and horizontally, from $3.8 million to the $42 million Ott-designed penthouse. That 13,518-square-foot, two-story combined unit has four bedrooms, seven baths, his and her walk-in closets, private spa and gym, home theater, office, ceilings up to 23 feet, and its pièce de résistance: a 27-foot indoor pool. 1451 Brickell Avenue, Miami; 786-360-1904; echobrickell.com. ARIA ON THE BAY Elevating condo life, Aria on the Bay’s gorgeous sky homes are the perfect alternative to suburban living. Their most exclusive floor plan — the A line — has been sought after by celebrities and socialites. Rapper Timbaland recently bought two units and is working on combining them. These luxurious A-line condos start at $3.1 million. Combining two gives owners 4,724 or more of square footage to play with. Additionally, the residences come fully finished and equipped with beautiful Italian cabinetry, Brizo faucets, Bosch appliances and a private elevator. Towering windows lead to wraparound terraces with unobstructed views of Biscayne Bay. 1770 North Bayshore Drive, Miami; 305-573-0666; ariaonthebay.com.\ FOUR SEASONS PRIVATE RESIDENCES, FORT LAUDERDALE Four Seasons extends its brand of first-class living to Fort Lauderdale. The property, set to open in 2019, will have 90 exclusive residences with several combined-unit options. Penthouse residences can be merged to make a $25-million, one-of-a-kind home with more than 12,000 square feet of interior space and 10,000 square feet of exterior space, including a private rooftop and 360-degree wraparound terrace. Owners also can combine two-story Skyhomes 1701 and 1702, which come with 20-foot ceilings and private elevator access. Price upon request. 525 North Fort Lauderdale Beach Boulevard, Fort Lauderdale; 954-324-2498; fort525residences.com. AUBERGE BEACH RESIDENCES & SPA Known for its five-star hotels, Auberge is bringing something unique to Fort Lauderdale beach with its private residences, which cost up to $9.5 million. Noticing that several owners were purchasing multiple units, Auberge created a two-story penthouse with nearly 5,000 square feet of indoor living space and 3,500 square feet of outdoor terraces, complete with a private rooftop plunge pool. A dramatic spiral staircase punctuates the floor plan, which includes nearly 10-foot ceilings and massive windows overlooking the ocean, city and Intracoastal. And a private elevator to whisk you up and down every day. 2200 North Ocean Boulevard, Fort Lauderdale; 844-352-3224; aubergebeach.com. This article originally appeared in Induldge by The Miami Herald. 

CEO Selection: Brickell Flatiron, No. 4306 & 4308

Located at the epicenter of the thriving Brickell financial district, the floor plan for this spacious 3-bedroom tower residence was personally designed by Cervera Real Estate CEO, Veronica Cervera with the world’s most discerning buyers in mind. It is the best opportunity on the market for those looking to pair an elevated lifestyle with a Brickell address and world-class building design and amenities. Here are five reasons why you will fall in love Unit 4306 & 4308 at Brickell Flatiron: 1.        Big kitchen for entertaining while cooking 2.       Split floor plan creates privacy 3.        Two social areas for home entertainment 4.       All rooms lead to an expansive 355-square foot terrace 5.        World-class design by internationally renowned interior architect, Massimo Iosa Ghini and developed by Ugo Colombo’s CMC Group Click here to download a 4306 & 4308 Floor Plan, as well as the Brickell flatiron brochure and 3D amenities video. For more information on Brickell Flatiron, visit Cervera.com/Condo/Brickell-Flatiron 

Miami Luxury Condominium Pre-Construction Spotlight

There's no place quite like Miami. The gorgeous blue ocean, glowing sunsets, big city glamour, and colorful culture make this a place that is truly like no place else. These four up and coming condominium developments will allow you to experience the luxury Miami lifestyle in its most authentic form. Which best suits you? Aria on The Bay Exterior Rendering Aria On the Bay: This stunning contemporary Miami building joins the downtown skyline, located directly across the street from Margaret Pace Park. You'll enjoy unobstructed views of the blue skies and turquoise waters of Biscayne Bay from the floor-to-ceiling windows included in almost every room of your condo. Enjoy a relaxing dip in the hot tub or in one of the three curved sunrise/sunset pools. Blow off some steam after work in the gym by yourself or with a personal trainer. Aria on the Bay also has a great room that has different lounge areas, including sections with pool tables, billiards, and a giant flat screen TV. There's even a lounge/playroom for teens and younger children! You'll always feel safe with 24/7 reception and security. Condos are available in 1, 2, and 3 bedroom open floor plans. Huge, wrap-around balconies surround all units. Elysee Miami: If you are looking for something a bit larger, be sure to check out Elysee Miami, located in East Edgewater, one of the hottest growing neighborhoods in downtown Miami. Floorplans include 3, 4, or 5 bedrooms, but the most intriguing part is that there is only 2 residences on each floor. Condos are loaded with the latest fixtures and appliances by high quality brands like Sub-Zero, Wolf, and Waterworks, boasting tall floor to ceiling windows. Since you share a floor with only one other residence, there's room for two huge outdoor terraces where you can marvel at the stunning views of Biscayne Bay, Downtown, and Miami Beach. Amenities are beyond spectacular, with a pool, full spa, blow dry bar, private theater, and owner's sky lounge with 360 degree views. Brickell Flatiron: Perhaps you'd like to be more centered in Downtown, with beach and water views in the near distance. Like its name, Brickell Flatiron is within walking distance to all the shops, food, and conveniences of Mary Brickell Village and Brickell City Centre. These 1-4 bedroom condos boast high-end Italian design and finishes, extra soundproofing between units, and wide elliptical glass balconies. Lounge around by the Brickell Flatiron pool, get a massage at the spa, have a drink at the cocktail bar, or simply relax at the rooftop garden. Children will have a great time in their very own playroom and pool. Still, one of the coolest features of this building is the carefully selected bottom floor of retail shops, restaurants, and cafes. It's like going to an upscale mall without ever having to leave home! The Ocean Fort Lauderdale Exterior Rendering Ocean Resort Residences Fort Lauderdale: Just outside of Miami, Ocean Conrad Fort Lauderdale is a more relaxing place to live for those who love the ocean, sun, and views, but might not want to be right in the hustle and bustle of Miami. Enjoy residing right on the beach in Fort Lauderdale, dubbed the "Venice of America" due to intricate waterways throughout the city. Your 1-3 bedroom condo or beach villa is crisp, modern, trimmed with marble, and stocked with appliances and fixtures by brands like Wolf and Sub-Zero in your gourmet kitchen, and Kohler and Waterworks in the bathroom. Homes include remote control smart home features and oversized balconies with gorgeous views. The Ocean amenities include a refreshing, hotel-style pool as well as an upscale on-site restaurant and bar. If you are not living here full time, the Ocean offers a unique vacation condo possibility. You can stay at your condo as long and as often as you'd like. Daily housekeeping takes care of all tedious cleaning tasks so you can simply enjoy yourself. Others vacation in the condo you own while you aren't there, but as its owner you get to enjoy the revenue your beautiful custom condo gives you while you are away! Miami is such a large area with so much to offer. You get the best of all worlds; it is the perfect place where relaxation meets big city energy. You definitely will experience Miami and the surrounding area at its finest at these four exciting, up and coming condo developments.

Popular Dining Experiences in Miami

Tourists from around the globe travel to Miami to view the iconic art deco architecture, soak in the archetypal pastel colors, and visit world-renowned South Beach. There is certainly no shortage of things to do in Miami, making it easy for visitors and new residents alike to quickly fall in love with all that the area has to offer. After a day on the water, at the beach, or shopping from boutique to boutique, one question remains; where do I go to eat? Let’s take a look at some of the most popular dining experiences that Miami has to offer. Azul Often regarded as one of the city’s top dining destinations, Azul is certainly a restaurant worth considering. Located in the Mandarin Oriental, guests will enjoy views of Biscayne Bay and the Miami skyline. A unique menu of contemporary American cuisine blended with Asian influences is sure to appeal to the most discerning of foodies. With an extraordinary wine list and extensive choice of premium spirits, Azul is also the perfect place to grab a drink. The Setai The Setai hotel offers a culinary journey, sure to appeal to guests from near and far. The Ocean Grill at The Setai offers a variety of grilled dishes in a breathtaking atmosphere. Beachfront seating is available, and guests not facing the ocean can enjoy the view of The Setai’s three infinity pools while dining. For a more exotic dinner, Jaya is The Setai’s in-house Asian fusion restaurant. Dishes include Peking Duck, Indian curries, Naan breads, Dim Sums, and Tandoor Sea Bass. Prime 112 The historic Browns Hotel is home to Prime 112, one of Miami’s most popular eateries. Priding itself as a departure from the traditional chain steakhouse, dinner at Prime 112 is a true experience. With a menu that has been continuously evolved based on the demand of the restaurant’s clientele, diners are sure to find a new, exciting dish. Though Prime 112 is known for its steak and seafood offerings, their raw bar is quite popular as well. The restaurant is also known to have a wait during dinner hours, and a reservation is highly suggested. There is no shortage of dining options in Miami, ranging from food trucks to exclusive restaurants. This dynamic range is part of what makes Miami such a truly exceptional city. Whether you are craving a Wagyu Filet Mignon or an authentic Cuban style pork sandwich, Miami will have you covered. 

Miami Luxury Lifestyle: Upscale Miami Lounges

There is certainly no shortage of exciting clubs in Miami, offering a night of dancing until the early hours of the morning. However, where do you go for a more quiet night? Perhaps you are simply looking to enjoy a cocktail in a refined, relaxing environment. Luckily, Miami has numerous lounges suited for just such an occasion. Take a look at some of these go-to cocktail spots. Setai Lounge Bar The Setai hotel is home to numerous bars and restaurants, but those looking to enjoy a beverage in an effortlessly elegant atmosphere will find themselves at the Setai Lounge Bar. Cozy leather chairs complement the natural wood ands tone used throughout the main bar’s construction. Dim lighting adds to the warm ambiance. Beyond premium spirits and an extensive wine list, the menu offers several light dishes as well as an assortment of caviar. DiLido Beach Club Regarded as the premier oceanfront lounge in South Beach, DiLido beach club at the Ritz-Carlton provides a food and cocktail menu on par with the staggering ocean views. The menu features a selection of fresh seafood, steak, and lamb dishes. This is the perfect spot to sip cocktails under a moonlit sky, listening to the gentle lapping of waves flirting with the shores of Miami. Martini Bar at the Raleigh Hotel The décor in The Raleigh hotel provides a look into the art deco architecture and styling of the past that laid the foundation for Miami’s design movement. Elegant, classy, yet warmly welcoming, the Martini Bar at the Raleigh is a must-see. Although there is a full bar and wine selection, this lounge is known for its martinis as the name implies. Enjoy a cocktail and soak in the ambiance long after the sun goes down. Beyond the aforementioned locales, Miami offers a truly huge variety of bars and lounges, sure to suit the desires of any resident or visitor. Although the nightclubs are certainly appealing, there is something to be said for a relaxing night with good company in a cozy cocktail lounge. 

What Types of Views to Expect from Your Miami Condo

The real estate market in Miami is filled with luxury style residences with a distinctive buyer in mind. Condo developments in Miami have been designed for buyers ready to soak in the beauty and wonders of Southern Florida, and even more so, the magic of Miami. Luxury condo developments in Miami offer eye-catching views, ranging from the sunrise over the ocean to the twinkling lights of the city, all while providing wonderful on-site amenities. Ocean Views Situated along the Intracoastal Waterway, the City of Sunny Isles Beach is a quick drive from downtown Miami and close to Ft. Lauderdale. With the close proximity to two popular Florida destinations like Miami and Ft. Lauderdale and minutes away from great restaurants, clubs and shopping places, Sunny Isles Beach is the perfect location to find a luxurious condo with breathtaking views of the ocean. Private elevators, generous off-street parking and poolside bars are just a few amenities that are available in these condos. Some of the popular condo developments with spectacular ocean views in Sunny Isles Beach are: Trump Towers I-III, Ocean Condos, Acqualina, and Muse Sunny Isles (to be completed in 2017). River Views Condo developments along the Miami River have become a popular choice for buyers looking to experience luxury living in Miami. Mirroring the style of the famous San Antonio Riverwalk, the Miami Riverwalk is the perfect place to enjoy the dining and shopping scene of a revitalized Miami River area. The river area condos are near Biscayne Bay and Bayfront Park, offering beautiful views of downtown Miami. Amenities at these condos range from off-street parking and fitness centers to 24-hour security. Some of the popular condo developments where residents and visitors can indulge in luxurious river views are: One River Point, Brickell Towers and the to be completed Flagler on the River. City Views Downtown Miami Beach is a great choice to live, work and play. Luxury condo developments in downtown Miami cater to professionals who are ready to trade in that long commute for a place that is closer to work, and to the action of Miami Beach. Most of the condo developments in the downtown area offer a gorgeous rooftop pool and spa area, fitness center and places to shop on the ground floor. Some of the popular condo developments in the downtown are that are on the must see list for luxury condo seekers are 1000 Museum, 50 Biscayne, Carbonell and Santa Maria. Is there something special you are looking for in your Miami condo investment? Contact us today to discuss your goals, and how we can make your dream property a reality.

Upcoming Events in Miami

Arts, entertainment, and culture have long played a vital role in the magic that makes Miami such an extraordinary city. Take a look at some upcoming events that are sure to appeal to Miami visitors and residents alike. Phantom of the Opera: This play will occur from February 24th to March 6th at the Ziff Opera House. Phantom of the Opera is a timeless production that has been performed around the world in multiple variations. A cast of famous performers is coming to Miami to perform a rendition like never before. With the incredible acoustics of our very own opera house, the stage and lighting are certain to be amazing. Tickets begin at $112, and interested playgoers are encouraged to buy tickets as soon as possible. This event is available to viewers of all ages, and judging by sellouts in previous years, there is a major rush for premium seats. Although photography is strictly prohibited, there are many souvenirs at the gift shop to savor and remember the opera experience. The Miami Open: This tennis tournament will occur from March 21st to April 3rd at the tennis center in Crandon Park. Formerly known as the Sony Tennis Open, organizers have reacquired sponsors to host an extremely competitive tennis tournament. Professional players from around the world will travel to Florida for multiple rounds of action. Early rounds are scattered across the grounds, but as the tournament progresses, matches will be played on the famous center court. Tickets begin at $5 for preliminary matches. There will also be a special performance by Duran Duran that you will not want to miss. The Miami Open's atmosphere makes this tournament a favorite sports attraction for all enthusiasts. Arrive in the morning or evening to interact with players. South Beach Cultural Food and Walking Tour: These tours are very popular in the springtime. The tour is an all day event that takes you through the sights and sounds of south beach with stops for dining experiences along the way. At each stop, professional tour guides explain the historical nature and significance of the attraction. The culture of south beach is unique to Miami. Overall, there are many ways to get around. Between trolleys, walking, buses, and bikes, these tours have something for everyone, even Miami residents. Weekdays are typically less crowded, and because you will want to take many photos, better angles are possible with fewer people. Brochures, souvenirs, and maps are available as reminders of this special experience.

Interior Design Trends in Luxury Miami Condos

Luxury Miami condos are known for their sleek design and impressive views of the city. Those who want to create an elegant environment can furnish the condo with modern decor that makes a statement. Condominium owners can create a setting that is truly quintessential Miami with a few interior design modifications. Dramatic Chandeliers Although dramatic chandeliers should be used very sparingly, they can truly set a room apart from the rest of the living space. Depending on the room and additional décor, the light fixture can include an oversized shade that is the focal point in the room, or one that features crystals. Either way, this accessory is sure to make the room stand out from the rest of the condo. Leather Sectionals Leather sectionals are cozy, and create an inviting setting for those who are looking to create an interior that feels more like “home.” These sectionals are sleek and stylish, which will help the home look modern and updated without feeling cold and utilitarian. Opt for a sectional that has a neutral color to blend in well with the surrounding decor.  Platform Beds Platform beds are part of the increasingly popular “minimal” décor style. The bed sits low on the ground and doesn't have a headboard, making it a unique item that will allow the condo to look more open and modern. Add decorative pillows and a duvet cover to create a balance between contemporary style and the coziness of home. Brass Fixtures Brass fixtures add a pop of detail and can be used on kitchen cabinets or furniture throughout the condominium. The metallic detail will make the condo look luxurious and modern. Consider the colors used throughout the condo before opting for brass, as stainless steel or silver colored accents may look better with certain colors and materials. Mid-Century Chairs Mid-century chairs that are retro and stylish will dress up the dining room and can fill in a bare corner that needs an extra piece of decor. Use mid-century chairs that are dramatic and unconventional to incorporate an item that draws attention to specific areas of the condo. Lucite Furniture Lucite furniture stands out for the clear design of the product, which makes it look upscale and modern. Retro inspired shapes and pieces evoke memories of traditional 80’s Miami design. Consider adding a Lucite console in the entryway, or using a Lucite coffee table for a Miami exclusive modern-yet-retro look. You can add books or flowers on your Lucite coffee table for extra pops of color.

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