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Portsview Condominium Market Update

Portsview Condominium Market UpdateHarborside and Portsview

PORTSVIEW

  • Apt 408 – 3 BR 2 BA – Just Sold February 2013 – $343,000
  • Apt 1112 – 2 BR 2 BA – For Rent – $1,700/month
  • Apt 911 – 2 BR 2 BA – For Rent – $1,600/month

HARBORSIDE

  • Apt 1104 – 2 BR 2 BA – Just Sold January 2013 – $310,000
  • Apt 607 – 2 BR 2 BA – Just Rented January 2013 – $1,800/month

Looking to buy or sell?  Contact me for more information on South Florida real estate at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Feeling Stressed about Your Real Estate Transaction?

Feeling Stressed about Your Real Estate Transaction? Simple Tips to Let Go of the Negative Energy

By Keith LoriaStress

Selling a home, especially in today’s housing market, can be one of the most stressful experiences of your life. The process is uncertain, unsettling and time-consuming, not to mention expensive.

That’s why it’s important to take care of yourself and try to relax when you can. Treat yourself to a special day away and put your home selling worries behind you for at least a few hours.

“I have seen many clients who look to me to take those cares away and massage can be a great stress reliever,” says Carrie Nash, a massage therapist operating in the D.C. area. “You can relax, let your mind wander and be soothed by the music as you let go of all the negative energy that surrounds the process of selling a home.”

Women can also take up yoga, do palates, get a facial, do their nails or indulge in any number of spa treatments.

For men, a round of golf is always a good stress reliever. Or they may want to enjoy a night out with their buddies, a game of cards or a trip to the bowling alley. Men can also take advantage of some spa treatments as well.

Couples should arrange a nice dinner, get together with old friends or even take in a play or comedy performance. Just remember not to let the conversation steer toward the house.

If you have kids, it’s important to understand that a home sale is tough on them, too. Plan a trip to a local amusement park or ballgame and take the time to enjoy being together as a family.

If you find yourself getting stressed out while in the middle of trying to negotiate Read the rest of this entry »

Written by Michael Solovay | Discussion: No Comments »

Why Is Location So Important When Buying a Home?

Why Is Location So Important When Buying a Home?Location Location Location

A: Location remains the single most important factor when choosing a home. It can make or break the value and desirability of a home.

Because everyone’s preferences vary, your lifestyle will determine the best place for you to live. Some people prefer the suburbs while others thrive on downtown living. If you favor city living, find out what part of the city suits you best – a fast-paced neighborhood or one slightly more subdued. Talk with the neighbors and keenly observe such things as traffic patterns, lifestyles, and even sounds and smells.

When choosing a town, take property taxes, schools, accessibility to work, services, recreation, and the character of the community into consideration.

I hope this information is useful to you. Please contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Top 5 Reasons to Buy a Home

Top 5 Reasons to Buy a HomeTop 5

1. Housing Affordability Still at Record High Levels

Each month the National Association of Realtors issues its “Housing Affordability Index,” which measures the ability of the average family, in a particular geographical area, to afford the average priced home for that area.  In February 2012 the national affordability index was 206.6.  This means that if a family with the median income of $60,974 wanted to purchase a median-priced existing singlefamily home at $157,100 (with a 20% down payment of $31,420), they would have 206.6% of the qualifying income needed to purchase that home.

2. Interest Rates Are at Historic Lows

It’s still a great time to take advantage of historically low interest rates.

3. Tax Advantages of Homeownership

Whether you’re a first-time buyer, up-sizing, or down-sizing, most homeowners qualify for tax breaks annually.  Please consult a tax advisor.

  • Interest paid on a home mortgage maybe tax deductible (up to the value of the primary residence)
  • Property taxes are typically deductible for most homeowners

Plus, for most homeowners, there are no capital gains taxes when a primary residence is sold.  Please consult a tax advisor.

4. Inventory of short sale Real Estate Owned (REO) properties

Also called lender-mediated, lender-owned, or non-traditional, these properties may appeal to bargain hunters looking for that hidden gem.

5. Inventory of homes overall is at an 6.4-month supply nationally. It is a buyer’s market!

More than 6 months of housing inventory indicates that it’s a buyer’s market, where traditionally buyers enjoy more choices and more bargaining power.

Regional differences in housing affordability from February 2011 to February 2012

Housing Affordability by Region

Please contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Aventura Condominium Offers Spectacular Views

Aventura Condominium Offers Spectacular Views

Aventura Condominium Offers Spectacular Views

Please contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: 1 Comment »

For Sale: One Island Place Condominium

For Sale: One Island Place Condominium

Property Address: 3801 NE 207th St, Unit 902, Aventura, FL 33180

Price: $689,900.00

Maintenance Fee: $1,529.00/month

[youtube]http://www.youtube.com/watch?v=6Ta3qLd1j9s&feature=colike[/youtube]

This condominium located in the City of Aventura, FL, features 2 bedrooms plus a den, which can easily serve as a third bedroom, and 2 1/2 baths, in 2,370 sq ft of living space.  When you take the private elevator to the 9th floor and step into your own foyer the residence’s double doors open to reveal a luxurious and relaxed ambiance with stunning views of the Intracoastal and ocean.  An air of refined elegance is evident in all of the condominium’s interior spaces.  Sand colored ceramic tile floors and harmonizing couches and tables complement the surrounding blue skies and water.  The sizable center island kitchen features a Sub-zero refrigerator, Thermador appliances and Poggenpohl cabinetry.

Impressive amenities include:

  • 2 garage parking spaces
  • valet parking
  • 24-hr security gate
  • 24-hr lobby attendant
  • 2 heated swimming pools
  • fitness center
  • 2 tennis courts

This fully furnished residence, with 628 sq ft wrap around balcony and unparalleled water views, is a total stand out.

For more information or to schedule a private showing please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Summer 2011 Real Estate Market Update

Summer 2011 Real Estate Market Update

This real estate market update is presented by Ron Shuffield, President of EWM Realtors.  Today’s great values, which are truly half those 5 or 6 years ago,  are one reason why sales have taken off so much in 2011.  However, since January 2011 we have begun to see an increase in our prices, month after month.

[youtube]http://www.youtube.com/watch?v=ILUDyKW2h7U[/youtube]

Median Prices

Single Family Homes: Miami-Dade County

  • January 2011  $150,000
  • May 2011 – $180,000

Single Family Homes: Broward County

  • January 2011 – $165,000
  • May 2011 – $190,000

Condominiums: Miami-Dade County

  • January 2011 – $90,000
  • May 2011 – $124,000

Condominiums: Broward County

  • January 2011 – $68,000
  • May 2011 – $78,000

This is the best time to purchase real estate in South Florida in the past 6 years.

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

Written by Michael Solovay | Discussion: No Comments »

Portsview Condo At Great Price Plus Buyer Bonus

Portsview at The Waterways Condo For Sale

3610 Yacht Club Dr, Apt 411 Aventura, FL  33180

2 bedrooms 2 bathrooms

$249,900 + $1,000 bonus to buyer at closing (closing must be on or before 11/30/10)

Portsview at The Waterways – Unit #411 – $249,900.00
Main Photo
Bedrooms: 2
Bathrooms: 2
Parking Spaces: 1
Year Built: 1987
Subdivision: Portsview at The Waterways
Located on Floor #: 4
Floors in Bldg: 15
Square Footage: 1189
Agent Name: Michael Solovay
Broker: EWM Realtors
Price: $249,900.00
Flexibility: Negotiable
Additional Pricing Information: Seller ready to make a deal!
Homeowner Dues: 580
3610 Yacht Club Dr.
Apt 411
Aventura, FL 33180
  • Range/Oven
  • Full Refrigerator
  • Washer/Dryer
  • Dishwasher
  • Sink Disposal
  • Ceramic tile floors
  • Swimming Pool
  • Hot Tub
  • Guest Parking
  • Exercise Room
PRICE REDUCED!
This spacious 2 BR 2 BA unit located on the 4th floor has been upgraded with crown moldings, smooth ceilings, white ceramic tile floors, carpet in the master bedroom and california closet built-ins in the master bedroom’s large walk-in closet. The updated kitchen comes with stainless steel appliances and the condo has a full size washer and dryer. The large balcony has glass railings and access from every room. The property comes with 1-assigned parking space in the garage and extra storage is also included. The condominium offers 24-hr security, 2 heated swimming pools, gym and tennis courts. The property is located on The Waterways Marina and is within walking distance to The Waterways Shops & Restaurants. This property is currently leased until 3/25/11 at $1,400/month. Property priced below the most recent sale.
** Buyer to receive $1,000 credit at closing if the property is contracted and closed by 11/30/10 **

Michael Solovay
[email protected]
305.332.4260
www.WhatsThePointofAventura.com
Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 3071723
All information in this site is deemed reliable but is not guaranteed and is subject to change

For more information on this great opportunity and others please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Looking For An Affordable Condo in Aventura?

3610 Yacht Club Dr, Apt 411 Aventura FL 33180Portsview at The Waterways Condominium

Check out this very affordable condominium located in Portsview at The Waterways . This unit offers the following:

  • 2 bedrooms
  • 2 bathrooms
  • ceramic tile floors
  • crown moldings
  • updated kitchen cabinetry & stainless steel appliances
  • great closet space
  • water view
  • covered parking
  • large terrace
  • washer & dryer
  • extra storage

This lovely move-in ready condominium is available for $268,000.00.  The monthly maintenance fee is $581 and includes the following amenities as well as cable tv, insurance, water and sewer.

Built in 1987, the condominium offers the following amenities:

  • 24-hr manned security gate
  • 24-hr manned lobby security
  • 2 heated swimming pools
  • tennis courts
  • gym
  • walking distance to restaurants, shops, parks, entertainment, etc.
  • The Waterways Marina located just steps away

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

3610 Yacht Club Dr, Apt #411

For those of you that are pet lovers, this condominium allows residents to have a pet up to 15 lbs.   Unit owners can not rent out their unit during the first year of ownership.  After the first year the property can be rented out on an annual basis.   Boat owners will also appreciate that they can even purchase a slip in The Waterways Marina, a dockominium, located steps away from the condominium.

For more information on this outstanding property as well as other great opportunities in Aventura 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?

Real Estate Market Stats for Aventura, FL  33180

Median Price – Single Family Home vs. Condo/Townhome

Inventory – Single Family Home vs. Condo/Townhome

Average Days on Market – Single Family Home vs. Condo/Townhome

If you would like to receive the latest real estate market data for your area delivered to your e-mail then click here to subscribe to my Real-Time Market Report.  It’s free!

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

Written by Michael Solovay | Discussion: No Comments »

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