Edgewater, la promesa de 2014 en Miami

En el corazón de la ciudad renace la vida, la época de oro de Miami está moviendo la tierra para devolverle el brillo a este distrito, Edgewater está emergiendo con proyectos de bienes y raíces de algunas de las compañías mas importante del país e incluso del mundo.

Este vecindario, que alguna vez estuvo devastado,  se encuentra reviviendo con emoción ante el mejoramiento de la economía. Con 2 grandes ventajas que la convierten en un área muy atractiva: su cercanía a los distritos más trendy de la ciudad  Design District, Midtown Miami; y su privilegiada ubicación frente a Biscayne Bay, Edgewater se proyecta como una de las zonas con mejores propuestas inmobiliarias para 2014.

El auge de esta zona se impulsó con la aparición de grandes proyectos que se encuentran en construcción, al tiempo que hay nuevos condominios con importantes atractivos. 

Una de las características más interesantes para inversionistas, es que esta área sólo ha estado en crecimiento desde 2009, apuntando a ser una de las zonas más exclusivas de Miami. No es de extrañar que la originalidad de Design District y la distinción de Midtown lleguen hasta el mar, mezclándose en Edgewater con esa brisa de sal y aspiración que ya se respira en sus calles.

Algunos de los proyectos con mayor perfil en la zona:

Icon Bay, 460 NE 28th Street

Este elegante condominio está situado de frente a la bahía de Biscayne. Se encuentra en construcción, ya completada hasta su curto piso y promete ser un punto prominente dentro del área.

Con sólo 8 unidades por piso, cada residencia está diseñada con lujo y detalle. Los apartamentos oscilan entre los 900 y los 2000 mts 2.

Paraíso Bay, 600 NE 31th Street

Un condominio en pre construcción que iniciará su desarrollo en los próximos meses. Todo los residentes tendrán una gloriosa vista hacia la bahía de Biscayne, así como áreas comunes de importante extensión.

Paríso Bay promete especiales áreas verdes, que acompañarán sus dos torres con más 7 unidades por piso, en una extensión de 5 acres. 

Las residencias oscilan entre los 1000 y los 2500 mts 2, con costos que van desde los 500.000$ hasta los 1.1 millones de $. 

Para mayor información puede revisar todos los detalles de las residencias en Paraíso Bay en nuestro blog.






Biscayne Beach, 711 NE 29th Street

También en pre construcción, se estima que inicien su construcción a principios de 2014. Sus residentes también contarán con una hermosa vista a la bahía y la posibilidad de un Club de Playa exclusivo. 

El diseño de interiores está a cargo Thom Filicia, el diseñador oficial de la prestigiosa cadena de hoteles W, quien ha dado lujo y exclusividad a sus 399 unidades y las áreas comunes del complejo.

La nueva promesa

Edificios altos para disfrutar de la vista al mar, complejos integrales diseñados con exclusividad y lujo, áreas comunes ideales para disfrutar a pie de la ciudad del eterno verano, y vías principales  que hacen la vida en este distrito de fácil acceso para llegar a casa o para disfrutar de toda la vida comercial y entretenimiento. Sin duda, una zona donde la revalorización de la inversión tiene buena proyección. 

Top Five Most Recent South Beach Miami Real Estate Sales

South Beach is definitely one of the coolest areas in all of Miami.  It embodies sun and fun.  It has an eclectic, easy-going atmosphere that draws people from all over Miami-Dade and even the whole state of Florida.  Residents choose to live in South Beach because of its multi-cultural, super popular reputation as well as its chic fashion sense and nightlife.  With all signs pointing that real estate is becoming more in demand, following are the top five most recent South Beach real estate sales:

650 West Ave Apt 1802, The Floridian, Sale Price: $525,000

Located in the heart of South Beach is The Floridian.  Its contemporary architecture is beautiful on the Miami Beach skyline.  With unbelievable water and Downtown Miami views, it is no wonder that so many want to live here.  This unit that sold on December 12 is a corner unit with a wrap balcony that looks out over South Beach with the Atlantic Ocean in the distance.  Inside there are wonderful features like walk-in closets, large open living areas and two bedrooms that are situated on each end of the unit. Condominium amenities are plentiful with a resort-style pool, tennis courts, fully-equipped fitness center, concierge, security and more.  List prices at the Floridian currently range between about $400K and almost $900K.  Most two-bedroom units list in the $600s.  As for rentals, the rates typically range from about $2,500 to over $4,000. 

224 Meridian Avenue, #6, Liberty House, Sale Price:  $196,000

A SoFi property for under $200K?  This unit is a completely remodeled one-bedroom unit with stainless steel appliances, granite counter tops, marble floors, and a washer and dryer in the unit.  There is no better location to live in South Beach than South of Fifth.  Liberty House was built in 1959 and has a vintage classic Florida appeal.  It is situated on a quiet tree-lined street only a few blocks from the beach and within walking distance to great restaurants and fun on Ocean Drive.  This is a small condominium that has great potential as an investment.  Sale prices for the four units sold in 2012 ranged between $100K and $160K.  This year the only unit that has sold thus far is this one at $196K. 

710 Washington Avenue, #406, The Hampton on Washington, Sale Price:  $165,000

This was a huge opportunity to live ½ blocks from the ocean and oh so close to the fantastic shopping and dining in South Beach.  This unit at the Hampton on Washington was recently renovated with marble floors, stainless steel appliances, stone counter tops, and a marble bath.  The large windows in the living room and bedroom overlooked, tree-lined Pennsylvania Ave On top of that it was sold furnished with glassware, dishes, flatware, linens, lamps, window treatments, cove lighting and more.  There are several units listed with list prices ranging from the mid-$100s to the upper-$200s.  Four units have recently sold with sale prices falling in the mid-$100s.  As for rental property, investors can expect to garner monthly rental rates between $1,400 and $2,000 depending on the size and views.

100 S Pointe Drive, #2105, Continuum, Sale Price:  $3,275,000

Of course, to get a true picture of the range of sale prices in South Beach real estate, one unit sold this week at Continuum South Tower.  This beautiful unit with almost 2,000 square feet as well as two bedrooms and two baths has so many amenities throughout the residence from amazing panoramic ocean views on large terraces to a wonderful kitchen, luxurious walk-in closets, and special media pre-wiring just to name of few.  Continuum is truly the ultimate in luxury living on South Beach with everything it has to offer from the private beach club to the exotic resort pool, tennis courts and more.   List prices range from almost $800K for a one-bedroom in the North Tower to almost $30 million for a huge 8,000+ square foot penthouse in the South Tower (three units combined into one).  For rentals, only annual leases are allowed with monthly rates falling between $4,500 and about $30,000. 

520 Euclid Avenue, #12, Pinewood Co-op, Sale Price: $140,000

Situated a half-block north of SoFi, this is an updated and lovely studio.  It features wood floors, walk-in closets, gas stove and stainless appliances as well as lots of storage.  The location is ideal with everything in South Beach just a short walk away.  Additionally, parking is available for $50 per month.  Units at Pinewood are ideal for first time buyers, investors and buyers looking for a weekend getaway.  Only two studios have sold recently with both sale prices at $140K.  Investors typically garner about $1,000 to $1,300 per month for monthly rental rates with similar properties.

Worth Consideration

While the perception is that South Beach real estate is only for the rich and famous, recent sales prove that it can be very affordable for all types of buyers from first-time buyers and real estate investors.  This is a wonderful part of the city that draws so many different people.  South Beach real estate is very much worth checking out. 

Wynwood: el color de Miami

Cuando avanzas en la calle 2 llega un punto en el que sabes que nada es igual. Miami tiene un paisajismo agradable, una línea estética que la define, un sol que la sella. Pero justo en la intersección donde crees estar en un área sin convivencia, se alza un único edificio con letras blancas que anuncian una lluvia de color: Wynwood.

Las calles de este distrito marcan la pauta irreverente de una ciudad plana. Wynwood desborda carácter, originalidad, desdén, creatividad. En sus calles el arte urbano tiene un oasis, los espacios son el formato, la plataforma, la inspiración.

Como todos los tesoros, nada es obvio. Si bien las paredes de antiguos galpones y talleres son los lienzos del arte conceptual, del graffiti como técnica, eso es mera decoración –una muy especial, ciertamente. Puertas adentro, se esconden piezas maravillosas, arte de todas las tendencias, artistas con nombre propio.

Entre pasillos y estacionamientos hay recovecos con gastronomía ecléctica y ambientes íntimos. Wynwood es sin duda el refugio del arte como estilo de vida. Aquí hay un solo protocolo, ser parte.

Una vez al mes las puertas se abren y las piernas se hacen dueñas de las calles. Cada galería se muestra en libertad, cada artista encuentra una acera, cada persona recorre a su estilo un circuito inagotable de obras de arte. La territorialidad entre galería y galería la derriban las ganas de caminar, de seguir, de conectar todo a su paso.

 El primer sábado de cada mes, la noche es de Wynwood, es del color, es del arte hecho obra, una vez se comparte.

Miami ha cambiado, y tener cerca este refugio es ideal para quienes necesitan un aire de color, libertad e irreverencia.

#TIPMiamiRiches

Cuando elijas la zona donde deseas comprar, bien sea para invertir o para vivir, revisa siempre las actividades y estilo de vida que brinda sus alrededores. Esto influirá en tu bienestar –si quieres vivir-, tanto como en el posible comprador o inquilino que deseas tener.

Miami Financiera

Detrás de las palmeras y las grandes extensiones de arena hay una joya de la actividad comercial en el continente y el mundo: Miami. Esta ciudad, etiquetada turística y culturalmente como un centro de la cultura pop, es la ciudad con mayor presencia de la banca internacional en todo el territorio de los Estados Unidos de Norteamérica. 

La posición geográfica y multicultural de Miami, le ha hecho ganar el título de “La puerta de las Américas”, atractivo empresarial que se traduce en más de 1.200 empresas multinacionales que tienen sede en la ciudad.

Más allá del atractivo turístico -que lo tiene- Miami es el centro de operaciones de la actividad comercial en el continente, de allí que se registre un tránsito de más de 33.9 millones de pasajeros anualmente. Sin hacer mención aún de uno de los puertos marítimos más importantes de la región.



En qué invertir

La inversión inmobiliaria en el extranjero es una de las apuestas más seguras económicamente, especialmente en un mercado como el estadounidense que durante los últimos cinco años ha ofrecido grandes incentivos a la inversión foránea, otorgándole facilidades y una moneda estable.

Miami, por su parte, se ubica como una de las cinco (5) ciudades más asequibles en el mercado inmobiliario del país, y a su vez, con uno de los promedios de revalorización más importantes a nivel nacional. Consiguiendo revalorizaciones de hasta el 70% de la inversión inicial –especialmente en pre construcción- en zonas como Brickell, y hacia donde apuntan el Miami Design District y Edgewater. Áreas donde la inversión inmobiliaria, comercial y en servicios, superan los 19 billones de US $.

Muchas son las razones por las que Miami ha sido una de las ciudades donde la recuperación del mercado inmobiliario ha sido vertiginoso, perfilándose como uno de los destinos preferidos por inversionistas extranjeros. El rápido retorno de inversión y una moneda estable, hacen que la demanda incremente diariamente, pero su elección por inversionistas foráneos no es gratuita. Cerca del 50% de la población de Miami es extranjera, encontrando más de 100 idiomas “disponibles” en la ciudad.

#TIPMiamiRiches Invertir en Miami es una llave al continente, pero las garantías no están al azar, por eso es importante que antes de invertir cuente con un grupo asesor especialista en el mercado, a quien debe exigirle:
-Experticia y referencia de clientes
-Cifras que reflejen sus logros en los últimos 2 años
-Asesoría en el tipo de inversión que desea realizar –personal, comercial, etc-.
-Acompañamiento y apoyo en la administración de su inversión.

Tips para una inversión inmobiliaria extranjera en Florida

De acuerdo a la asociación de corredores de bienes y raíces de Florida casi un 20 % del total de ventas de casas fue hecha a personas extranjeras, en 2012. Y es que, el mercado de bienes y raíces en Miami es uno de los más populares entre los inversionistas extranjeros, quienes en muchos casos –cerca del 30%- buscan una propiedad como inversión más allá de tener una segunda vivienda.

Las ventajas del mercado inmobiliario de Miami la ubican en el top 5 de las ciudades con mayor impulso en el sector a nivel nacional. Donde la revalorización de las propiedades –hasta de un 70%- y su característica multicultural, son uno de sus factores de peso más influyentes en esta faceta financiera de Miami.

Con más de un 31% de compradores extranjeros invirtiendo en la industria de bienes y raíces de Florida, es importante tener en cuenta los siguientes aspectos a la hora de comprar, especialmente en Miami.

Franqueza: Estados Unidos de Norteamérica difiere con otros países en los términos de abertura del mercado de bienes y raíces. Cuando una casa se coloca en el mercado para la venta es colocada en multiples listas de propiedades en venta, lo que permite que cualquier agente licenciado en bienes y raíces en Florida tenga la oportunidad de venderla a cualquier cliente. A pesar de que una casa tenga un letrero en el frente con el nombre de la compañía de bienes y raíces y el nombre del agente inmobiliario, los clientes potenciales pueden seleccionar su propio agente para que los represente ante el vendedor.

Financiamiento: A pesar de las condiciones y exigencias que han implementado en la banca nacional, luego de la crisis financiera de 2008, existen entidades bancarias dispuestas a financiar a compradores internacionales, siempre y cuando cumplan con los requerimientos, así como con un capital inicial y posibilidades de mantenimiento. 

Los impuestos: Muchos inversionistas internacionales no están familiarizados con los impuestos que se les cobra por tener una propiedad en los Estados Unidos. Por no ser ciudadanos americanos, las reglas son diferentes, sin embargo las tasas suelen ser menores que las de ciudadanos norteamericanos. Existen diferentes leyes con distintos tipos de impuestos como: impuesto de ganancia de capital, impuestos neto por la inversión, etc. Lo más recomendado para este caso es que el inversionistas busque asesoría por parte de un abogado especializado en impuestos y en la compra y venta de inmuebles en los Estados Unidos, ya que esta área es un factor vital en el país.

El uso de la propiedad: en función del tiempo que una persona no residente puede estar dentro de los Estados Unidos, es importante que el futuro inversionista tenga muy en claro el uso que la dará a su propiedad en Florida. Por ejemplo: a menos que sea una persona que tenga una visa de trabajo o de estudiante, los extranjeros tienen un límite de 6 meses para su permanencia en territorio norteamericano. Debido a esto, muchos inversionistas usan su propiedad para rentarla o prefieren mantenerla como una inversión a largo plazo.

What to Do During the Holidays in Miami

Even though it is 75 degrees outside and we all wear shorts and flip flops, the holidays are alive and well in Miami.  The lights, decorations and general spirit of everyone around show that it is the most magical time of the year.  As the season kicks in, following are a few of our favorite events for anyone who is wondering what to do during the holidays in Miami.

Santa’s Enchanted Forest, Tropical Park, Now Through January 5

Even though it opened at the end of October, Santa's Enchanted Forest is the holidays maxxed out.  As the world’s largest Christmas theme park, there are lights everywhere, over 100 rides, shows, games and attractions – let’s not forget South Florida’s tallest Christmas tree.  This is a place where people come from all over the state and elsewhere to take in -- one of those places that you have to see to believe.  Open daily from 5pm to midnight (it has to be dark to see all the lights), tickets are $19.63 for kids age 3-9 and seniors 65+, and $28.97 for Adults age 10-64.  Now, if you think you might go more than once it is worth looking into a season pass with prices at $49.53 for ages 10-64 and $39.25 for kids 3-9 and seniors. Season pass holders do not have to wait in line which makes it worth every penny.  Parking is free. For more information, call (305) 893-0090.

Bayfront Park Tree Lighting, Bayfront Park, Friday, November 29, 5-9pm

Next Friday is the official kick-off of the holiday season in Downtown Miami.  With Biscayne Bay as the backdrop, nothing is as beautiful as the huge tree when the lights come on for the first time.  This free event is fun for the whole family and the perfect way to enjoy some true holiday spirit.  The Food Truck Invasion will be on site starting at 5pm with some of our favorite food trucks including Main Stop Grill, Miami Pizza Truck, Sweet Sensations, Burger and Beer Joint and more.  The tree lighting is at 7pm so make sure to be there on time to watch the twinkling lights shine out over the bay while enjoying everyone’s favorite holiday songs.

Miami Outboard Club's 16th Annual Holiday Boat Parade, Saturday, December 14, 6 – 10pm

One of the most awesome sights is watching the boats travel along Biscayne Bay during the annual Miami Outboard Club’s Holiday Boat Parade.  We may not have snow in Miami but who wants it when you can have this  magnificent display of lights!  Boats of all sizes are decorated with colorful lights and decorations in a holiday theme that is so much fun to see.  The food trucks are set up with their food and drinks, and there is music, kids’ activities and to cap the evening off, a large fireworks display.  Yes, in Miami, we shoot off fireworks for most every major holiday.  This event is a spectacular showcase of holiday spirit and definitely one of our favorite holiday events.

The Nutcracker, Miami City Ballet, Adrienne Arsht Center for the Performing Arts, December 19 -24

What would the holidays be without seeing The Nutcracker?  This is the ultimate holiday tradition and the performance by the Miami City Ballet is unbelievable.  From the grace and flow of classical ballet to the beautiful costumes and excitement of the story itself, this is always a must-see every year.  And, seeing it at the Center for the Performing Arts takes it to the next level.  Downtown and the surrounding neighborhoods (Brickell, the Design District and others) are all about excitement and activity.   The Nutcracker is sure to please.  Ticket prices for the performance range from $25 to $79 and are available online.  The best part about Miami City Ballet’s Nutcracker is that if you cannot make it to one of the performances in Miami, you have several other chances to see it either in West Palm Beach at the Kravis Center for the Performing Arts or at the Broward Center for the Performing Arts in Fort Lauderdale during the couple of weeks after Christmas. 

Many More Holiday Events

While these are the most popular things to do at this time of year, there are many more holiday events in the neighborhoods throughout Miami and the surrounding areas.  Even though it is warm outside, it is still easy to get into the holiday spirit with all of these holiday activities.  We just get to wear shorts and flip flops!  Trust us – it is a lot better this way!

Cipriani – Brickell’s Newest and Chic Hot Spot

If you live in Brickell, then you know how important nightlife and dining out are to most of the residents.  Sometimes referred to as the Manhattan of the South, Brickell is full of that excitement and frenzy that only major metro areas have.  While the reputation of Brickell is its status in the financial world, it includes some of the most fantastic restaurants and bars in which it is important to not only see but be seen.  One of those restaurants is the chic Italian hot spot, Cipriani. 

Cipriani - Brickell      

Cipriani, owned by the Cipriani brothers who are great grandsons to the founder of the famed Harry’s Bar in Venice, opened in the spring.  With its primo location at Icon Brickell, it is a super high-end restaurant where major financial deals are made.  It makes sense since other Cipriani locations are in high profile areas like Abu Dhabi, London, and Monte Carlo.  Add to that the high ceilings and traditional atmosphere that has a modern edge to it, Cipriani is definitely becoming a Brickell hot spot.  The main level is enormous and has 22-foot ceilings that host two gorgeous Murano glass (we did mention that Harry's Bar is in Venice?) chandeliers.  A lower level features a more casual outside patio that has retractable glass doors, a brick pizza oven and outdoor grill.  

What Brickell Offers Restaurants and Nightlife

As development continues to take place and businesses consider opening in the area, it begs to ask what Brickell offers restaurants and nightlife.  For the most part, unlike many of the areas around Miami, Brickell is much less seasonal with most people living here year-round or spending a considerable amount of time in Miami on business.  And with developers like the Relate Group and Flagler bringing more condominiums to Brickell and the surrounding neighborhoods, it makes perfect sense to want to be in such a popular part of Miami.  For Cipriani, being situated in the heart of Brickell at Icon Brickell, the residents of the three towers, alone, are enough to keep the restaurant at capacity throughout the year.

Icon Brickell – the Hub of Brickell

Many believe that Icon Brickell is the hub of Brickell.  Its location at 465-495 Brickell Avenue offers water views on two sides and is close to all the important and fun things in Brickell and other close neighborhoods.  Property at Icon Brickell is perfect for first time buyers, investors and those who spend extended amounts of time in Brickell for work.  One-bedroom units start in the upper-$300s while two-bedroom units start in the mid-$400s and three-bedroom units start at over $1 million.  Depending on the location and views from each unit, the list prices climb to over $2 million for three-bedroom penthouses. 

Icon Brickell rentals vary as well.  One-bedroom residences range between $2,000 and $3,000 per month.  For two and three-bedroom units, monthly rental rates start around $2,500 and climb to almost $10,000 per month (three-bedrooms on upper level floors with amazing views). 

Everything Happens in Brickell

For a lot of Miami residents and visitors, everything happens in Brickell and that is where they want to be.  As for hot restaurants and nightlife, Cipriani is an excellent choice for entertaining clients, out of town friends or even when Icon Brickell residents want to go out without having to leave their building.  It does not get much better than that.

Top Five Newest Brickell Real Estate Listings

Brickell is truly Miami’s hot spot in terms of the real estate market.  Along with new projects in the works and under construction, more and more properties are being listed for sale every day.  Because of the strength of the market now, higher-end real estate is being listed.  Following are the top five newest Brickell real estate listings:

465 Brickell Avenue, #PH5601, Icon Brickell, List Price:  $2,200,000

Located in one of the most well-known buildings in all of Brickell, this is truly a phenomenal penthouse with the most amazing views.  With beautiful white marble floors throughout the entire residence, floor to ceiling impact resistant windows with large balconies and tons of space, there is nothing like living in this contemporary three-bedroom, three-bath penthouse.  The kitchen/dining/living is open and spacious.  In the kitchen, it is sleek and large with stainless steel appliances, tons of counter space and custom cabinetry.  The master bedroom features a private balcony that showcases the most gorgeous Bay views.  There are tons of upgrades including mounted wooden panels.  Homeowners also have use of all of the hotel and residence amenities including the fitness center, pools, restaurants, and more.  Icon Brickell is truly life on vacation all the time.

495 Brickell Avenue, #1001, Icon Brickell, List Price:  $1,350,000

Here is a spectacular corner residence in the notable Icon Brickell.  With three bedrooms and two baths, this home has everything expected in a residence in this building.  There is a European kitchen with contemporary custom-cabinets and appliances along with a huge balcony facing Biscayne Bay and marble and hardwood floors.   The bedrooms are large and have spacious closets.  Unlike other units in the building the corner units have huge living areas with two walls of windows.  Residents have access to all of the hotel amenities including the fitness center, pools, theatre, spa and gourmet restaurants.  There is nothing better than living at Icon Brickell. 

FOR SALE AT ICON BRICKELL

465 Brickell Avenue, #1601, Icon Brickell, List Price:  $1,280,000

Another unit at Icon Brickell, this three-bedroom, two and a half bath unit on the 16^th floor offers the most amazing water views from every room in the residence.  To start, the living and dining area open to the ultra-modern kitchen with Blue St. Tropez limestone counter tops, stainless steel appliances, and contemporary custom cabinetry.  The living and dining areas showcase water views from the floor to ceiling windows and balcony that runs the entire length of the unit.  In the mast bedroom, there are his and hers walk-in closets, a large spa-like bath, and a balcony with more water views.  The other bedrooms are also large with hardwood floors.  This is a fantastic unit and the ultimate in Brickell living.

FOR SALE AT EPIC

200 Biscayne Boulevard Way #702, Epic Residences, List Price:  $1,150,000

Located on a lower floor, this is a large townhouse residence with two bedrooms and three baths.  With over 1,600 square feet of living space, this home is open and very spacious with the living and dining areas opening up to a large balcony/terrace with showcasing beautiful views while the kitchen is large and modern with all the bells and whistles expected in a home of this caliber.   A special feature with this two-story residence is a large guest room with a private bath and balcony on the main level.   Upstairs is a fantastic master suite with a private balcony, walk-in closet and large master bath.  A private den is also upstairs and is perfect as a home office or a “man-cave.”  Along with everything that this home has to offer, residents enjoy the use of all the community amenities of the 5-star hotel including concierge, security, a state of the art fitness center, exotic outdoor pool and more.  This is luxury resort living at its finest.

FOR SALE AT TWO TEQUESTA POINT

808 Brickell Key Drive, #1602, Two Tequesta Point, List Price:  $930,000

Situated on Brickell Key, this two-bedroom, and two and a half bath unit offers unobstructed views from every room.  The split floor plan features marble floors throughout the residence with hardwood floors in the bedrooms.  There is a large terrace that can be accessed from the living area, breakfast nook and master bedroom and showcases unbelievable water views. The master bedroom is huge and has a large walk-in closet along with another closet and a spacious master bath.  There is a dining area as well as a breakfast nook and a wonderful kitchen with modern updates like granite counter tops.  Additionally, there is a fantastic walk-in laundry room just off the kitchen.  In addition to the residence amenities, home owners make the most of a state-of-the-art fitness center, tennis courts, and a huge Bay front pool with a fabulous barbecue area.  Two Tequesta Point is like a five-star resort for its residents.  Even though it is close to Brickell, once residents cross the bridge to Brickell Key, it is unlikely that they want to head back unless it is necessary.

Nothing Like Living in Brickell

With the excitement of this metropolitan atmosphere and the tropical climate and landscaping, there is nothing like living in Brickell.  It is the hub of the financial market in the southern portion of the US and keeps growing and growing.  The demand for Brickell real estate is growing by leaps and bounds.  

The Best One-Bedroom Deals in Brickell

One-bedroom properties in Brickell are very popular with first-time home buyers and professionals not to mention investors in search of some of the most sought after rental property.  The area has tons of opportunities for Miami real estate investments – some better than others. 

When comparing the value of a selection of properties, the price per square foot is very important in looking at the value and what kind of “deal” the list price presents.  Let’s face it – most everyone is always looking for a good deal when buying real estate.  So, with that in mind, following are the best one-bedroom deals in Brickell:

905 Brickell Bay Drive, #424, Four Ambassadors, List Price:  $220,000

With 990 square feet, this is probably the best deal in Brickell at just $222/square foot.  Even though it features one bedroom and two baths, there is a second room that is perfect as a den or second bedroom.  With hardwood floors and tons of windows showcasing beautiful garden views, this is a fantastic unit in a great building.  Its location is ideal on Biscayne Bay and within walking distance to Mary Brickell Village and the core of the financial district.   On top of all of this, there are currently tenants in place on a month to month basis paying $1,400/month.  Common amenities include a very nice pool with sun deck, 24-hour concierge, valet, and more.  Monthly maintenance fees include utilities.  As this is an estate sale, the accepted offer is subject to Probate Court approval prior to closing.  

For Sale at the Four Ambassadors 

101 East Flagler Street, #610, Flagler First Condominium, List Price:  $190,000

With 774 square feet of living space, this one bedroom is listed at only $245 per square foot.  This unit is an end unit and has an L-shaped floor plan that creates a lot of space and room to move.  The main area combines the great room and kitchen making it perfect for entertaining.  The kitchen has granite counter tops and stainless steel appliances.  Because of the layout, this unit offers privacy with the bedroom being away from the main living areas.  Flagler First Condominium is located in the center of Brickell within walking distance to most anything in Brickell.  Residents enjoy the use of a state of the art fitness center and a great rec room.  This condominium, built in 2008, is a premiere Brickell condominium and one that is on the radar for many home buyers.

For Sale at Flagler First

999 Brickell Bay Drive, #1209, Four Ambassadors, List Price:  $150,000

Not the largest unit available in Brickell, it is in one of the most sought after buildings in Brickell.  With 580 square feet and only $259 per square foot, this is a studio that has the potential to be converted to a one-bedroom unit.  It is situated in Tower 1 and gets tons of natural light from windows that line that entire wall in the main living area.  This is an excellent investment opportunity as rental rates for studios can range from about $1,200 to about $1,700 per month.  For residents, there is a wonderful pool and sun deck as well as 24-hour concierge and valet.  The location of the Four Ambassadors is ideal along Biscayne Bay and within walking distance to many of the most popular Brickell venues.

101 East Flagler Street, #202, Flagler First Condominium, List Price:  $224,500

This 857-square foot is listed at $262 per square foot in one of Brickell’s most popular condominiums.  With an open floor plan and lots of room to move, this is a fantastic one bedroom unit. Situated in the perfect location that is close to everything in Brickell and Downtown Miami, the kitchen has stainless steel appliances, granite counter tops, and sleek custom cabinetry.  Similar properties in Flagler First have tenants in place with rental rates falling between $1,400 and $1,600 or more.  With a state of the art fitness center and rec room, this is the perfect opportunity to live in the middle of the excitement and within walking distance to everything in the area.

1200 Brickell Bay Dr #2212, The Club at Brickell Bay, List Price:  $239,000

At only $292 per square foot, this 818-square foot unit at the Club at Brickell Bay sits high in the air and has beautiful ocean, Bay and city views.  In fact, this unit has some of the nicest views in the entire building.  Unlike many of the one-bedroom units in Brickell, the main living areas are separated with a self-contained kitchen that has granite counter tops and European cabinetry.   The master bedroom is huge and features a walk-in closet and marble bath with lots of detail.  Residents also enjoy the use of two pools, a spa, a fully equipped fitness center, steam room and so much more.  Like other Brickell condominiums, the Club at Brickell Bay is within walking distance to many Brickell hot spots. 

For Sale at the Club at Brickell

Value in Brickell Real Estate

There is still value in Brickell real estate with affordable properties available as the area grows by leaps and bounds.  With its popularity increasing, there are new condominiums under construction and more in the planning stages.  First time buyers and investors alike can look at these one-bedroom units along with the others as a solid investment that will grow in worth.  Now is the time to consider buying Brickell real estate.  

Real Estate Projects in Up and Coming Edgewater

In a Miami Herald article earlier this year, Edgewater’s location was said to be at “the intersection of funky and trendy.”  And by all accounts, that is exactly where it is located.  Bordered by NE 17^th Street (north); Tuttle Causeway at 36^th Street (south); Biscayne Bay (east); and, the railroad or Biscayne Boulevard (west), Edgewater is bursting with real estate projects from some of the most successful developers in the country and, even the world. 

This once devastated neighborhood is coming to life with excitement as the economy rebounds.  Edgewater has two big draws that makes it a target for revitalization: its close proximity to the fashionable Design District and Midtown neighborhoods, and its prime location fronting Biscayne Bay. 

With the explosion of high rise projects under construction or in the works to begin construction, there are a few Miami condominiums worth mentioning as they bring so much to the community in terms of amenities and lifestyle as well as their appearance along the Miami skyline.

Icon Bay, 460 NE 28^th Street

Developed by the iconic Related Group, Icon Bay is situated facing Biscayne Bay.  With construction underway and already to the fourth floor, this building is sure to be an Edgewater landmark.  When complete, the 40-story condominium will feature unbelievable panoramic views from every residence and luxury details.  With only 8 units on each floor ranging in size from 900 to over 2,000 square feet (penthouses), a water park and all the community amenities that are expected in a high-rise condominium of this caliber,  it is no wonder it has been so well received.  Its popularity is very apparent in the simple fact that the building is virtually sold out. 

Paraiso Bay, 600 NE 31^st Street

Another brain child of Jorge Perez and the Related Group is glamorous Paraiso Bay.  Spanish for ‘paradise,’ this pre-construction condominium is tentatively scheduled to begin construction in the next few months.  It will be set on five acres that will include a beautiful new park.  The plans call for two- 55-story towers each housing approximately (345) one, two, three and four-bedroom units ranging in size from about 1,000 square feet to about 2,500 square feet.  Each residence will showcase glorious bay views.  Each floor will contain a maximum of seven units that look to be lined across the building.  One amazing accomplishment of Jorge Perez is that with the five-acre plot of land on which Paraiso Bay will be developed, he has successfully and permanently closed off 31 Street at the Bay in return for adding a park with playground equipment, lots of green space and more.  List prices for Paraiso Bay fall between the mid-$500s and over $1.1 million for units that range in size from just over 1,000 square feet to well over 2,100 square feet.  For more details, check out a recent blog entry and stay tuned for information as it becomes available.

Biscayne Beach, 711 NE 29^th Street

Biscayne Beach is another pre-construction project in Edgewater tentatively set to begin construction in early 2014. The plans call for a 51-story bay front high-rise condominium with 399 units.  This masterpiece is under development by Eastview Development and GTIS Partners and will showcase Miami’s first manmade beach club directly on Biscayne Bay.  Biscayne Beach residences will offer one, two, three and four-bedroom options in addition to penthouses with private rooftop garden terraces.  Every unit will also have floor-to-ceiling windows, large balconies and beautiful Biscayne Bay, Miami Beach and city views.  List prices range from the mid-$400s to well over $1 million for units with sizes between almost 900 square feet and over 2,100 square feet (penthouse prices available upon request).

A Growing Neighborhood in Miami

With Miami condominium construction in such a growth mode, Edgewater is definitely a growing neighborhood.  In the aforementioned Miami Herald article, Carlos Rosso, President of Condo Development at Related Group said that “Edgewater’s layout works well for high-rise condos” as it sits in a prime area of Miami with Biscayne Boulevard running parallel to the Bay is the major thoroughfare of Biscayne Boulevard with shops and restaurants. He said “it’s an attractive area.  It’s got good bones.” That refers to its structure and placement with the Design District, Midtown and the Wynwood Arts District surrounding it. With more and more developers gobbling up parcels of land, it will be fun to watch Edgewater become one of the most sought after neighborhoods in Miami – it is not already there.