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Let’s Make A Deal!

Portsview at The Waterways – 3610 Yacht Club Dr., Unit 912 Aventura FL  33180Portsview at The Waterways

List Price:  $265,000.00  SHORT SALE

Portsview at The Waterways Condominium is located within the 176 acre community of The Waterways, along the Intracoastal Waterway.  Residents have walking access to The Waterways Marina & The Waterways Shoppes.

Property details:

  • 2 BR 2 BA
  • 1,154 square feet of living space
  • large balcony with access from all rooms
  • new porcelain tile floors
  • new kitchen appliances
  • smooth ceiling
  • 2 assigned parking spaces in covered garage
  • extra storage included
  • lovely view to the Waterways Marina

Click on the following link to view photos and additional information on this property:

3610 Yacht Club Dr, Unit 912

Portsview Condominium amenities include:

  • 24-hr manned security gate
  • 24-hr manned lobby security guard
  • 2 heated swimming pools
  • tennis courts
  • gym

This is a short sale situation where the value of the property is less than what the owner owes to the bank.  The short sale is subject to the seller’s lender approval.  This type of transaction requires patience and is not for someone with a time constraint.

For more information or to schedule an appointment to view this property please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

How’s The Real Estate Market in Aventura – 33180?

Inventory for Aventura – 33180

Condominiums

Landscape Chart

Single Family Homes

Landscape Chart

Inventory is clearly down from this time last year.  The good stuff is going fast.

For more information on buying, selling or leasing your property contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Real Estate Market Report – Aventura, FL 33180

AVENTURA, FL 33180 – CONDOS – TOWNHOMES

Real-Time Market Profile

This Week

  • The median list price in Aventura is $346,000
  • Inventory is up
  • Market Action is trending down recently
  • Days-on-market appear to be trending lower, however the overall conditions are weakening a bit

Supply and Demand

  • The Market Action Index has been trending lower for several weeks while prices have remained relatively stable.  If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Market Action Index

The Market Action Index answers the question “How’s the Market?”  By measuring the current rate of sale versus the amount of the inventory.  Index above 30 implies Seller’s Market Conditions.  Below 30, conditions favor the Buyer.

Price Trends

Price

  • We continue to see prices in this zip code bouncing around this plateau.  Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Quartiles

To subscribe to my Real-Time Market  Report, click here.  It’s all about what’s going on right now and it’s free!

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

Written by Michael Solovay | Discussion: No Comments »

EWM Realtors – Top Producers 2009

Chairman’s Club

EWM Top Producers for 2009

If you would like to work with a Top Producer contact me today at (305) 332-4260 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

The Federal Home Buyer Tax Credit Program Ends Soon

Tax Credit Program

Learn how the home buyer tax credit can benefit you.  Ron Shuffield, President of EWM Realtors explains.

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

Written by Michael Solovay | Discussion: No Comments »

EWM Realtors Introduces New Text App

Esslinger Wooten Maxwell, Inc. Realtors Introduces New Texting ApplicationEsslinger Wooten Maxwell, Inc. Realtors

Just text EWM to 59559 from your cell phone to receive information on properties close to your location.

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EWM Realtors uses the latest technology to help you buy and sell real estate in South Florida.

Contact me to learn more about this and other new ways I can help you buy, sell or lease your property.  Michael Solovay, Broker Associate at EWM Realtors – Aventura , (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

New Listing: Harborside at The Waterways in Aventura

Harborside at The Waterways Condo – 3640 Yacht Club Dr., Apt 1106 Aventura, FL  33180 – $449,000Harborside Condo

You probably are aware that I sell quite a few condos in The Waterways, especially in the Harborside Condominium.  I have to say that this new listing really impressed me.  Here are some of the highlights of this wonderful property:

  • 3 BR 2 BA
  • 1,870 sq ft of living space
  • gorgeous marina, ocean and intracoastal waterway views
  • 2 balconies
  • southeast corner unit
  • crown moldings
  • ceramic tile floors with marble inserts
  • 2 assigned parking spaces in the garage
  • hurricane shutters
  • extra storage

The layout of this property is truly one of the best in the community, and the southeast corner is probably the best location available.   This is a move-in ready unit that I think most people will really like, and the best part is that it is priced very well.

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Harborside at The Waterways condominium offers the following amenities:

  • 24-hr manned guard gate
  • 24-hr manned lobby security
  • concierge for packages/groceries
  • 2 heated swimming pool
  • tennis courts
  • gym
  • party room
  • walking distance to shopping and restaurants

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

Written by Michael Solovay | Discussion: No Comments »

Real Estate Market Report – Condos in Aventura 33180

Aventura, FL  33180 – Condominiums & TownhomesArtech

  • The median condominium price in Aventura 33180 for the week ending 9/25/09 is $350,000
  • Lease expensive listing:  $50,000
  • Most expensive listing:  $6,000,000
  • Current condo & townhomes listed for sale:  1,124
  • Closed sales in the last week:  58
  • Inventory has been tightening and days-on-market increasing recently
  • This week we continue to see a downward notch for prices in this zip code
  • Inventory has been falling in recent weeks, but note that declining inventory alone does not signal a strengthening market
  • The 90-day Market Action Index stands at 14, strongly in the Buyer’s Market zone

Real-Time Market Profile

Now take a look at the market by quartiles.  Each quartile is 25% of the homes.

Characteristics by Quartile

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

Written by Michael Solovay | Discussion: No Comments »

Is There Time Left To Take Advantage Of The $8,000 Tax Credit?

American Recovery and Reinvestment Act of 2009First-Time Homebuyer Tax Credit

Eligible buyers must close by December 1, 2009 so it’s important to select a residence soon to make sure you don’t get left out.  The credit applies to first-time homebuyers, as well as individuals who have not owned a principal residence in the 3-year period prior to the purchase, and applies to homes purchased between January 1, 2009 and December 1, 2009.  The tax credit is equal to 10% of the purchase price, but capped at $8,000.  Certain income restrictions apply so be sure to visit www.irs.gov to learn more about eligibility requirements and limitations.

The credit:

  • applies to purchases that close before December 1, 2009
  • applies only to homes used as the taxpayer’s principal residence
  • reduces a taxpayer’s tax bill or increases his or her refund, dollar for dollar
  • is fully refundable, meaning the credit will be paid out to eligible tax payers, even if they owe no tax or the credit is more than the tax owed

Recovery:  First-Time Homebuyer Credit

First-Time Homebuyer Credit Questions and Answers: Basic Information

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

Written by Michael Solovay | Discussion: No Comments »

New Listing: Williams Island Tower 3000

3000 Island Bl, Apt 3003, Aventura, FL   33160 – price: $1,195,000Williams Island

European style with “Old World” charm best describes this amazing 30th floor “home in the sky” featuring breathtaking ocean, intracoastal & city views.  The property has 3 bedrooms, 4.5 baths, private entry foyer, separate reception area for guests, large eat-in kitchen, enormous living room, over-sized formal dining room, library, den and separate his & her marble bathrooms all in a totally custom, one-of-a-kind floor plan.

  • 4,407 interior square feet
  • wrap around balconies
  • custom designer moldings
  • magnificent marble baths
  • totally custom floor plan
  • hurricane shutters

Tower 3000 at Williams Island is an ultra luxury condominium with top-of-the-line amenities, 24-hr security, valet parking, full spa, heated swimming pools, tennis courts and full-time concierge.

If you would like a private tour of this property or 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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