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New Listing: Harborside at The Waterways in Aventura

Harborside at The Waterways – 3640 Yacht Club Dr, Apt 1808 Aventura, FL 33180 – $339,000Harborside at The Waterways, Unit 1808

Here is an example of pride in ownership. The owner of this property has maintained this unit extremely well. It is immaculate and available for immediate occupancy. This 2 bedroom 2 bath unit located on the 18th floor has spectacular views of The Waterways Marina & Yacht Harbor as well as the ocean and intracoastal.  This property is offered at an excellent price and available for immediate purchase.  Some important items to note are:

  • 1,430 sq ft of living space
  • ceramic tile floors
  • custom built-in desk/work space in the second bedroom
  • great south exposure
  • crown moldings
  • smooth ceiling
  • marble master bath with walk-in shower and separate whirlpool tub
  • full size washer and dryer
  • 1-assigned parking space in the garage
  • extra storage is included

The condominium offers 24-hr manned security gate, 24-hr manned lobby security, concierge, gym, 2 heated swimming pools and tennis courts.

click here for a virtual tour of this property

For more information or to set up an appointment please contact me at (305) 329-4929 or solovay.m@ewm.com.

Written by Michael Solovay | Discussion: No Comments »

Why Do Some Houses Sell And Others Don’t?

Top 6 Reasons Properties Don’t Sell

Ilyce GlinkTribune Media Services columnist, has a theory:House For Sale

  • lousy pictures
  • priced too high
  • blah interior and landscaping
  • little online marketing
  • low commissions
  • poor or lack of maintenance (stains on ceiling, leaky faucets, etc.)

I agree with Ilyce.  It takes a excellent real estate broker and a Seller willing to put in a little extra effort to make their property stand out.

If you are looking to buy, sell or lease property contact me at (305) 329-4929 or solovay.m@ewm.com

Written by Michael Solovay | Discussion: No Comments »

Real Estate Market Report – Condo/Townhomes in Hallandale 33009

Hallandale Beach, FL  33009 – Condominiums & Townhomes

There are currently 1,142 condominiums listed for sale in the 33009 zip code.Hallandale Beach, Florida

  • Highest priced listing:  $2,000,000 (4 BR 4.5 BA in The Beach Club)
  • Lowest priced listing:  $34,000 (1 BR 1 BA in Parkside Manor)
  • Pending sales:  160
  • Closed sales in the past 30 days:  46
    • Highest sale price:  $720,000 short sale (3 BR 3.5 BA in The Beach Club)
    • Lowest sale price:  $41,000 foreclosure (1 BR 1 BA in Strand Plaza Condo)

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

Hallandale Condominiums by Quartile

In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board.  Prices in all four quartiles are basically mixed.  Look for a persistent shift (up or down) in the Market Action Index (MAI) before prices move from these current levels.  The 90-day MAI is at 13 which strongly indicates a Buyer’s market.  Inventories have been falling in recent weeks, but note that declining inventory alone does not signal a strengthening market.  Look to the MAI and Days on Market trends to gauge whether buyer interest is changing with the available supply.

The Beach Club CondoHallandale Beach, FLParkside Manor CondoThe Duo Condo

For more information contact me at (305) 329-4929 or solovay.m@ewm.com

Written by Michael Solovay | Discussion: No Comments »

Real Estate Market Report – Aventura Condominiums

Aventura, FL  33180 – Condos & Townhomes as of 7/03/09

Real Estate Market Report - Aventura, FL  33180

This Week

The median condominium price in Aventura 33180 this week is $360,000.  Inventory has been tightening and days-on-market increasing recently.  The Market Action Index (MAI) has been basically flat.

Price

Recently price has settled at a plateau even though they dipped this week.  Look for a persistent up-shift in the MAI before we see prices significantly move from these levels.

Inventory

Inventory has been Read the rest of this entry »

Written by Michael Solovay | Discussion: No Comments »

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