Who are the Best Condos Real Estate Agents inFlorida?
The Miami area condo market is very diverse and offers a large number of different solutions for those interested in purchasing or renting a condo. People from all over the world are attracted to the vibrant Miami area and its supreme climate for relocation. Florida condos are also popular among vacationers as well as investors. The recent decrease of the dollar value on the international market has made Miami condos an even more interesting option for many Europeans looking for a home away from home, a place in which to retire or just a good investment.
Location, location, location – is the mantra of the real estate business. This is naturally true for Miami Area Real Estate as well. The beach front condos are the most popular ones and consequently the most expensive ones to obtain. Just by choosing a condo a few blocks away from the beach you can save huge amounts of money. A Miami ocean view is astonishing, but certainly not for free when we’re talking real estate. South Beach is one of the most popular areas of the Florida condo market, not only due to its proximity to the ocean but to its famous nightlife and gastronomic scene as well.
Another highly esteemed part of Miami is the Brickell neighborhood. The Brickell region is commonly referred to as “the Wall Street of the South” and the condominium towers share the space with over 60 commercial banks. This area is typically marketed as a more strict and upscale alternative to South Beach; a neighborhood ideal for those who prefer a downtown environment instead of a sandy beach. The Brickell community is inhabited by people who want to avoid long hours of commuting.
In Brickell it is possible to be close to work as well as to downtown entertainment, but still live in a relaxed area suitable for recreation. The fact that popular South Beach restaurants are beginning to setup finials in Brickell is only one of the signs that predicts how Brickell will turn into an even more sought for area in the future. Three years ago it was possible to buy one of the smaller condos in Brickell for $115,000. Today you must be prepared to pay at least $200,000 for the same condo. The condos in Brickell are however still very reasonably priced compared to the condos located at Miami Beach. A Miami Beach condo of the same type as the $200,000 Brickell condo would cost you at least $500,000.
When buyers are forced to pay ever increasing amounts of money for a tiny ocean front condo, they want to feel that they are getting supreme quality for their money in terms of style and amenities. Installing exclusive features, such as a Jacuzzi, will still only have a marginal affect on the price of the condo. On Miami Beach the largest part of the price is defined by the much sought after location of the property. Some of the most expensive condos on the Miami condo market can today be found in The Miami Four Season Residences. In the year 2005, this condominium complex offered condos priced from slightly below $ 700,000 and up to above $ 6 million. A lot of these condos are fashioned in a chic Euro style manner and have access to wine and cigar lounges, a health Spa, exclusive gyms and other selected services.
Downtown Miami Condos, Luxury High-Rises With Style
Florida is a popular state to live in, but no other city in Florida experienced the same remarkable surge for condos during the last few years as Miami. Some prospective buyers hope that the prices will drop when all the projects have finally settled. Estimations show that more than 50,000 condos will be added to the Brickell Condo Market within the next 10 years. In downtown Miami a 35 story condominium tower named the Avenue is planned to be completed in 2007, and will add 570 condos to the Miami condo market.
The Avenue is accompanied by more than 70 other Florida condo developments in the area. One of the larger projects in Brickell, the Mary Brickell Village, is believed to be completed by the end of 2006 and will then provide the Brickell neighborhood with a large number of new luxury condos. This could cause the prices to stabilize in Brickell, but don’t count on it. The completion of two other major condo projects in the Brickell region, the Plaza and Neo Lofts, did not cause the prices to plummet – quite the contrary.
South Florida's Brickell Condo Market
Brickell never ending transformation has now a new residential landmark that will shine for years to come. On the former site of the Sheraton at Brickell, after being demolished, a new spectacular high rise luxury residential condominium has emerged. It is the creation of the Related Group of Florida with the genius design and imagination of Arquitectonica and Philippe Stark. The accomplished result is a monumental new residential Brickell luxury condominium complex called Icon Brickell Miami.
Today Brickell enjoys international recognition not only as the financial center of Miami but also as one of the finest and most exclusive Miami real estate residential developments where people from all nationalities have established their homes and enjoy everything that Miami has to offer. Brickell offers its residents excellent restaurants, nightlife, culture, banking, and great golf and amazing beaches are just a short drive away.
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