Miami Estate of the Day: Di Lido Island $7,750,000

Click for Gallery View

This stunning 7,683 sq/ft waterfront home sits on an almost 27,000 sq/ft pie shape lot with close to 200ft of wide open bay views. It is a 6 BR, 7 bath 2 story house with 3rd story lookout tower. Includes a lighted tennis/basketball court, swimming pool, 2 boat lifts,2 docks, new concrete seawall, 3 car garage, and an enormous outdoor living space with water views from every angle. It has a stunning master suite with master bath, plenty of exterior balcony space and impact glass throughout.

Posted in Estate of the Day, Gambling, Green Housing, Miami Beach Condos, Miami Real Estate, Miami Waterfront Properties, Real Estate, South Beach Condos, South Beach Real Estate | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Billy Joel Seeks to Unload His $14.75 Million Miami Pad

Click For Full Story

By Sarah Firshein
Billy Joel, everyone’s favorite piano-playing man, has put his enormous Miami Beach mansion on the market for $14.75 million. He bought the 8,880-square-foot Mediterranean-style home, set on a .67-acre slice of waterfront on the luxe, celeb-studded island of La Gorce, for $13.5 million in 2006. Despite Joel’s notorious penchant for marrying a lot, this place has only seen one of his wives: the young Katie Lee, whom the singer married in 2004 and divorced in 2009.
Some details about the house: it has seven bedrooms and 8.5 baths, beige-yet-fancy-looking furniture and decor, and some rather stunning features outside, including loggias, palm trees, paver stones, a pool and spas, boxwood hedges, a cabana, an outdoor kitchen, a deepwater dock, and more than 150 feet of direct frontage on Biscayne Bay.

Posted in Green Housing, Miami Beach Condos, Miami Real Estate, Miami Waterfront Properties, Real Estate, South Beach Condos, South Beach Real Estate | Tagged , , , , , , , , , , , , , , , | Leave a comment

Ricky Martin sells Miami Beach house for $10.600,000: Livin’ La Vida Loca

Click for full story

By Jose Lambiet
Livin’ La Vida Loca singer Ricky Martin has finally sold his breathtaking Miami Beach mansion. According to MLS real estate records, the sale — for $10.6 million — closed Thursday. The name of the buyer has yet to be published in Miami-Dade County records. However, news reports in December indicated that musical power couple Jay-Z and Beyonce took a long, hard look at the house. The 10,000-square-foot, seven-bedroomer faces the bay from North Bay Road, just a long three-pointer from the homes of Miami Heat starsDwyane Wade and Chris Bosh, and up the road from Bee Gees frontman Barry Gibb. Martin, who now stars in Evita on Broadway, wanted $12.5 million. But the house, built in 2004, was sitting on the market on and off for nearly five years.

Posted in Gambling, Green Housing, Miami Beach Condos, Miami Real Estate, Miami Waterfront Properties, Real Estate, South Beach Condos, South Beach Real Estate | Leave a comment

Miami Estate of the Day: Indian Creek Island $38,000,000

Click for Gallery View

A golfer and yachtsman’s paradise, Indian Creek offers peaceful, secure, waterfront island living for those who deserve the very best in life. Classic Mediterranean Estate, designed by acclaimed Palm Beach Architect, Jeffrey W. Smith, in collaboration w/ Interior Designer, Mario Buatta, was completed in 2002 & featured in the April 2006 issue of Architectural Digest. Set on 2 elegantly landscaped acres. Enjoy breathtaking views of downtown Miami from over 250ft. of open bay frontage. Also avail. for lease

Posted in Estate of the Day, Gambling, Green Housing, Miami Beach Condos, Miami Real Estate, Miami Waterfront Properties, Real Estate, South Beach Condos, South Beach Real Estate | Tagged , , , , , , , , , , , , , , | Leave a comment

Vacation: Over :( Blog Resumes :)

Posted in Uncategorized | Leave a comment

Israeli Buyers Continue Miami Residential Push

Click for Full Story

Alexander Britell
Largely overshadowed in the recent Miami condominium boom driven by Latin American buyers, Israelis have been a quiet mainstay of the area’s residential market. Israeli interest in Miami came relatively early on, mostly in the form of bulk purchases.
That trend was highlighted by a 26-unit purchase by Gamla-Cedron’s Shaoul Mishal in 2009 — one of the first bulk buys after the bust. And the trend of Israeli interest has continued in the years since, although large bulk deals have made way for smaller purchases, brokers say. “Probably 90 percent of my clients are Israelis that do not live [in Miami],” said Dean Bloch, a Realtor at Douglas Elliman Florida in Miami Beach. A significant portion of these are buyers looking to for condominium properties as investments, particularly in downtown Miami, he told The Real Deal. “Everyone has their own vision,” he said. Some have themselves moved from bulk buys to smaller deals. Bloch said one of his clients had started out with a bulk purchase in Hollywood, and had made his way to downtown Miami’s condo market.

Posted in Gambling, Green Housing, Miami Beach Condos, Miami Real Estate, Miami Waterfront Properties, Real Estate, South Beach Condos, Uncategorized | Tagged , , , , , , , , , , , , , , , , | 1 Comment

Miami Estate of the Day: La Gorce $13,900,000

Click for Gallery View

Built in 1952, LAND, LAND, LAND!!! This magnificent property is one of the last double lots in the entire Miami Beach area with more than 1.78 acres of beautifully landscaped land and 180 degrees of water views. The classy and majestic neo-colonial architecture dignifies one of the few estates remaining in the area.

Posted in Estate of the Day, Gambling, Green Housing, Miami Beach Condos, Miami Real Estate, Miami Waterfront Properties, Real Estate, South Beach Condos, South Beach Real Estate | Tagged , , , , , , , , , , , , , , , , | Leave a comment

‘Snowbirds’ boost Miami real estate revival

Click for Full Story

By David Gelles
Vince Pileggi always wanted to be a snowbird.
A telecommunications contractor from Toronto, Mr Pileggi had visited Miami for years, soaking up the sun and Latin-infused culture that distinguish the southernmost metropolis in the US. High quality global journalism requires investment. And last year, with the Canadian dollar strong and new high-rises sprouting up around downtown Miami, Mr Pileggi put down the initial deposit for a condominium with ocean views. “I always wanted to retire down south where it’s warm,” he said, summing up the snowbird’s desire to flee the northern chill. Mr Pileggi is not alone. Three years after the Miami real estate market bottomed out amid the wreckage of the financial crisis, it is booming once more – especially at the high end, and especially thanks to foreign buyers.
Buoyed by strong exchange rates, relatively low real estate prices, and political turmoil in some countries, buyers from Latin America, Asia and Canada are snatching up hundreds of luxury properties in the area.

Posted in Gambling, Green Housing, Miami Beach Condos, Miami Real Estate, Miami Waterfront Properties, Real Estate, South Beach Condos, South Beach Real Estate | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Miami Estate of the Day: Bay Point $5,450,000

Click for Gallery View

Built in 1927, A true, one of-a-kind Miami Beach estate.  Welcome to Villa Crono on Prestigious Pinetree Drive.  One acre of beautifully landscaped grounds, (adjacent one acre buildable parcel available). 100 ft. of deep waterfront dockage with no fixed bridges to the Atlantic Ocean.  Grand Salon, Butlers Pantry, Award Winning gourmet kitchen, Pecky Cypress, open-wood beam ceilings, decorative fireplace’s and large spacious rooms are just a few of the special details.  *Two story guest house with 2-seperate apartments.

Posted in Estate of the Day, Gambling, Green Housing, Miami Beach Condos, Miami Real Estate, Miami Waterfront Properties, Real Estate, South Beach Condos, South Beach Real Estate, Uncategorized | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Cash-rich Venezuelans help resuscitate Miami real estate

Click for Full Story

By Kevin Gray
Many Venezuelans have long had a love affair with Miami, but rarely has it been so intense – as least judging by the property market. The cash-rich South Americans are leading a charge into Miami real estate, helping to spur a recovery in a market that once stood as a poster child of America’s housing bust. Enticed by what they view as cheap real estate prices and paying in cash, Venezuelan buyers have snapped up condominiums, apartments and houses as investments or second homes. They are joined by other South Americans cashing in on recent heady economic growth in their region, which also weathered the global downturn fairly well. Wealthy Venezuelans, faced with dwindling investment opportunities back home and worried about what they describe as a crackdown on the country’s domestic housing market by leftist President Hugo Chavez, have become sought-after clients for real estate developers and brokers.”They pull out their checkbooks right away,” said Harvey Hernandez, a Venezuelan-born managing director of the Newgard Group, which is developing BrickellHouse, one of the first condo towers scheduled to be built since the real estate crash.

Posted in Gambling, Green Housing, Miami Beach Condos, Miami Real Estate, Miami Waterfront Properties, Real Estate, South Beach Condos, South Beach Real Estate | Tagged , , , , , , , , , , , , , , , , , | Leave a comment