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Condo Prices for Aventura, FL vs. Miami-Dade County

Condo Prices for Aventura, FL vs. Miami-Dade County

Medium Chart

Medium Chart

Written by Michael Solovay | Discussion: No Comments »

Harborside Condo Just Listed For Sale In Aventura

Harborside Condo Just Listed For Sale In AventuraHarborside 204 Kitchen

3640 Yacht Club Dr, Apt 204 Aventura, FL  33180

Everyone loves the Harborside at The Waterways Condominium in Aventura because of it’s great location and reasonable prices.  The newest unit to be listed for sale is perfect because the current owner just completed a top to bottom renovation of the property.  Details of the property are as follows:

  • 2 bedrooms 2 bathrooms
  • 1,310 sq ft of living space
  • huge 43 foot over-sized balcony
  • new kitchen including cabinets, granite counters, stone back splash, KitchenAid stainless steel appliances and wine chiller
  • crown moldings
  • new carpet in bedrooms
  • ceramic tile floors
  • freshly painted
  • 1-assigned parking space in garage
  • 1-assigned storage locker

Unlike many of the units sold in the recent past this property is ready for immediately occupancy, no renovation required.

To view pictures of Harborside Condo Apt 204 click here.

Condominium amenities include:

  • 24-hr manned security gate
  • 24-hr manned lobby attendant
  • concierge
  • 2 heated swimming pools
  • tennis courts
  • exercise room
  • walking distance to Waterways Marina
  • walking distance to Waterways Shoppes

Visit www.3640YachtClubDr204.com for more information.

For more information on this property or to answer any of your real estate questions please contact Michael Solovay at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

A Few Reasons To Hire A Realtor

A Few Reasons To Hire A Realtor

If you have any questions regarding buying, selling or leasing real estate in Aventura or anywhere in South Florida feel free to contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Looking For An Affordable Townhome In Aventura?

Looking For An Affordable Townhome In Aventura?Costain Villas and Townhomes of Harbor Village

21216 Harbor Wy, Unit 152  Aventura, FL 33180 – $225,000.00

If you are looking for a townhome at a really great price then look no further.  The property is located in the Costain Villas and Townhomes of Harbor Village, one of a variety of communities that make up The Waterways.

The townhome features:

  • 2 bedrooms + den and 2 bathrooms
  • 1,250 sq ft of living space
  • ceramic tile floors
  • stainless steel appliances
  • 2 private patios
  • built-in storage closet on patio

Some community features are:

  • 24-hr manned guard gate
  • heated swimming pool
  • walking distance to restaurants, shops and area parks
  • walking distance to The Waterways Marina
  • small pets accepted

The owner has been relocated by the company he works for so he has priced the property to sell quickly.  To view pictures of this property click here.

For more information or to set up an appointment to see this or any other real estate in the Aventura area please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Are You Looking For That Special South Beach Condo?

Are You Looking For That Special South Beach Condo?Admiral Towers Condominium

Admiral Towers Condo, Apt 706 – $299,000.00

In the heart of the South Beach Deco District you will find the Admiral Towers Condo.  This condo, located at 1020 Meridian Av in Miami Beach, is across from Flamingo Park and just 5 blocks to the beach.  Some of the features of this property that are uncommon to this neighborhood include:

  • an assigned parking space
  • swimming pool
  • balcony
  • views to the ocean and SoBe skyline

There is one unique property available in this condo that stands out from all the rest.  It stands out because the current owner has completely renovated the unit from top to bottom.  But, in addition to just a renovation, the layout was redesigned and improved upon creating this one-of-a-kind 1 bedroom + den/office, 1.5 bath apartment home that you will fall in love with.  Some of the many improvements include:

  • new kitchen with granite counter tops
  • stainless steel appliances
  • mahogany wood floors
  • a den/office that never existed before
  • renovated bathrooms
  • and the list goes on

The Admiral Towers Condominium is located at 1020 Meridian Av, Miami Beach, FL  33139.  To view pictures of this property click here.

For more information on this unique property contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Is Now The Time To Buy Real Estate?

Is Now The Time To Buy Real Estate?

Fortune Magazine’s Leigh Gallagher joins MSNBC’S Morning Joe to reveal the magazine’s latest issue, which suggests that now is the time to buy real estate.

Visit msnbc.com for breaking news, world news, and news about the economy

For more information on real estate in Aventura and the rest of South Florida contact me at (305) 329-4929 or [email protected]


Written by Michael Solovay | Discussion: No Comments »

Real Estate: It’s Time To Buy Again

Real Estate:  It’s Time To Buy AgainReal Estate

A recent CNNMoney.com article posted by Shawn Tully, senior editor-at-large, declares:

Forget stocks. Don’t bet on gold.  After four years of plunging home prices, the most attractive asset class in America is housing.

“… I’ve never seen a shortage of new construction like the one I’m seeing today,” declares Mike Castleman, founder and CEO of Metrostudy.  Metrostudy tracks real-time data on the country’s inventory of new homes and covers 19 states, or around 65% of the U.S. housing market, including all the ones hardest hit by the crash: Florida, California, Arizona and Nevada.  The company’s client list includes virtually every major homebuilder and bank.

The key figures that Metrostudy collects are the number of homes that are vacant and for sale in each city, and the number of months it takes to sell all of them.  Together those figures measure inventory, the key measurement in determining whether a market has a surplus or a shortage of new housing.

The Makings Of A Shortage

Today Castleman is seeing an extraordinary reversal of the new-home glut that caused prices to sink just a few years ago.  In the 41 cities Metrostudy covers, a total of 78,000 houses are now either vacant and for sale, or under construction.  That’s less than 1/4 of the 343,000 units in those two categories at the peak of the frenzy in mid-2006, and well below the level of a decade ago.  “If we had anything like normal levels of buying, those houses would sell in 2.5 months,” says Castleman.  “We would see an incredible shortage.  And that’s where we’re heading.”

In a interview with Fortune, Karl Case, who together with Robert Shiller created the S&P/Case-Shiller Home Price indices, says “the lack of new home building is a huge help that a lot of people are ignoring. People think I’m crazy to be optimistic, but housing is looking like the little engine that could.”

Two basic factors are laying the foundation for a recovery in residential real estate:

  1. the historic drop in new construction
  2. a steep decline in prices (about 30% nationwide since 2006, and as much as 55% in the hardest-hit markets)

The new affordability will gradually attract Americans back to buying homes, and the return of the homeowner will start raising prices in many markets this year.

In 28 out of 54 major markets, it’s now cheaper to pay a mortgage and other major costs than to rent the same house.  In all the distressed markets, owning now beats renting by a wide margin.  A major reversal from 4 years ago.  In Miami the average rent is now $1,031 a month versus the $856 it costs to carry a ranch house or stucco cottage as an owner.

The true disaster areas for housing since the bubble burst have been Sunbelt cities such as Las Vegas, Phoenix and Miami.  But people always want to live in those sunny locations, and their job markets are starting to recover, albeit slowly.  In foreclosure markets the inventory problem is far greater because it includes not just traditional resales homes, but millions of distressed properties.  Fortunately those houses are now such a deal that investors, including lots of mom-and-pop buyers, are purchasing them at a rapid pace.

The outlook is brightening for Phoenix, Las Vegas, Miami and parts of Northern California.  A big positive is the tiny supply of new homes entering the market.

Mike Castleman tells editor-at-large Shawn Tully “… the naysayers are about to get a big surprise:  rising prices for new homes.”

For more information on real estate in Aventura and the South Florida area please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

New Aventura Rental: Harborside At The Waterways Unit 607

New Aventura Rental: Harborside At The Waterways Unit 607Harborside at The Waterways Condo

Listed at $1,750.00/month unfurnished for annual lease

Great 2 bedroom 2 bath apartment just hit the market in the Harborside at The Waterways condominium in Aventura.  This apartment has:

  • 2 bedroom 2 bathrooms
  • 1,430 sq ft of living space
  • large balcony overlooking the swimming pool and marina
  • 24-hr manned security gate
  • 24-hr manned lobby attendant
  • concierge
  • 2 heated swimming pools
  • tennis courts
  • gym
  • walking distance to shops and restaurants
  • marina

This unit is available as of May 1, 2011.

Click here to view more information and pictures of this property.

For more information on this property or any other properties for sale or lease in Aventura or the rest of South Florida please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

What’s The Difference Between Donald Trump’s Hair And A Wet Raccoon?

What’s The Difference Between Donald Trump’s Hair And A Wet Raccoon?

… “A wet raccoon doesn’t have seven billion f*@!ing dollars in the bank,” said Donald Trump (see video below) at a recent Donald Trump roast on Comedy Central.

[youtube]http://www.youtube.com/watch?v=HGa8YnvcAbM[/youtube]

If you want to know more about South Florida real estate contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

South Florida Foreclosure Activity

South Florida Foreclosure Activity

as of March 4, 2011

According to The Real Deal, the  number of foreclosures in South Florida year-to-date is 4,761 which is down from 14,314 at this same time last year.  The graph below shows foreclosure activity in Miami-Dade, Broward and Palm Beach Counties.

South Florida Foreclosures

For more real estate information please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

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