Posted in Blog'n the Block on December 30, 2006 | No Comments »
# of properties - 20
Largest Home- 112 Boabadilla St., 2,169 Adj.Sqft., Lot 8,000
Smallest Home- 522 Boabadilla St. 948 Adj.Sqft., Lot 6,000
Largest Lot- 117 Boabadilla St., Lot Size 12,000 Sqft, 1,230 Adj.Sqft.
Smallest Lot- 436 Boabadilla St., Lot Size 4,000, 1,248 Adj.Sqft
Recent Sale- 702 Boabadilla St., 1/30/06, Price S400,000, Adj.Sqft. 1,086 Lot Size 8,000
702 Boabadilla $400,000
Oldest Sale- 402 [...]
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Posted in Condo Living, Condo Market, For Sale By Owner, Luxury Real Estate, Miami Realtor, Real Estate, Real Estate Market Trends, Tip of the week, Topical Issues, Urban Living on December 29, 2006 | No Comments »
By Jim Loney Thu Dec 28, 10:41 AM ET
MIAMI (Reuters) - On a piece of prime bayfront property near downtown Miami, weeds climb the steps of the sales office for Onyx 2, a planned waterview condo where apartments were to sell for $500,000 to $2,000,000.
A sign reads “For Sale. Land, plans and permits for Onyx [...]
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Barring the Coral Gables market, the single family homes market seems to have hit bottom at this time. The jury is still out for the condo market. Read on…
REAL ESTATE
S. Florida home prices retreat; sales slow
Buying a home in South Florida is cheaper than it was last year. Pricing and sales remain weak as the market comes [...]
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FAR officials said November is traditionally a slow month for the housing market with single-family homes down 30 percent statewide compared to sales in November 2005. The statewide median price is now $242,500, just 3 percent lower than it was a year ago, while the national median sales price for October was $221,300, down 3.4 [...]
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What’s going on? Building and zoning has issues and now it appears that the mayor and commissioners have something to do with an illegal transfer of property and Mayor Slesnick as a major share holder for Great Florida Bank is slapped with a cease-and-desist order for violating U.S. inti-money laundering laws. These are all serious issues [...]
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Real estate industry professionals who are experts in different segments of the local real estate market are asked to predict what the market will do in the coming year.
Here are their responses:
Richard Recuset, Realtor for Fortune International Realty in Coral Gables:Our market (south Florida) will be predicated on a few key factors; insurance, hurricanes and mortgage rates.
All [...]
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PUBLIX BUYS RETAIL BUILDING
Location: 2525 Le Jeune Rd.
Seller: Valencia Center, represented by John H. Sottile, president.
Buyer: Publix Super Markets, represented by William Crenshaw, president.
Price: $12.5 million or $287.42 per square foot, based on 43,490 square feet of building area, or $94.33 per square foot, based on 132,514 square feet of total land area.
Total Assessed Value [...]
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Posted in People in the Gables on December 27, 2006 | No Comments »
Lew Price, 85: Promoter helped spark tourism boom
BY ELINOR J. BRECHER
ebrecher@MiamiHerald.com
Lew Price, chief tourism promoter for both the city of Miami and Dade County from the late 1950s through the early 1980s, when the industry’s fortunes soared and sank, died Dec. 21 of a heart attack at his home in Coral Gables.
He was 85; he [...]
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If you can! As everyone is aware by now, the market has cooled off. But don’t despair, a stabilizing of the market is what is occurring. Our market (south Florida) will be predicated on a few key factors; insurance, hurricanes and mortgage rates.
All indicators point to the market as- set for a smooth landing. Adjustments evolve gradually with [...]
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Make ten thousand an hour! Sound familiar. That’s what the letter that I received says, in nice big bold print and during Christmas and the new year holidays mind you. Perfect timing would’nt you say. Get to the masses as they reflect in years past while deep in introspection. When emotions run rampant from high’s to [...]
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