CHANGE MARKET : NATIONAL
Haute Living
New York
Dec/Jan 2012
South Beach is Seldom a Seller’s Market
Miami has had a major overabundance of condos for some time now…but apparently not so much so in the South Beach area. A recent report from Condo Vultures showed that less than 2% of South Beach inventory in condo projects with at least 30 units is on the market. “The industry standard for resale units in a normal market is 10%,” said the principal of Condo Vultures, Peter Zalewski.
Stretching 25-blocks from South Pointe Drive north to 24th Street, South Beach’s 258 available resale units are minimized by the inventory in many other Miami neighborhoods, where as much as 20 percent of the condo inventory is available for resale, which makes the area a rare seller’s market.
Via: The Real Deal
Dec 28, 2009 1:15 PM
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For the third year, the Palm Beach Marine Flea Market and Seafood Festival will take place over the weekend at the South Florida Fairgrounds. Around 200 nautical-themed vendors will be offering a variety of items for your every boating need.
T is a luxury brand recognized around the world. With a strong local presence in Miami’s exclusive South Beach market, The SoFi Group, a real estate sales and marketing company, also holds a place of authority in the international market, particularly in Brazil. Additionally. over the past year th...
On February 12th, at 10:00am Palm Beach will be having their Marine Flea Market right at South Florida Fairgrounds Expo Center. For those who don’t know, the Marine Flea Market is open for vendors both industry and private, who might be interested in selling overstocked, used or new marine equipme...
Netscape founder and philanthropist Jim Clark has listed his penthouse apartment located in Miami Beach back on the market for $27 million.
Travelers who log onto www.southbeachgroup.com for the sale will be able to take advantage of room rates discounted to up to 80% at all South Beach Group hotels – The Catalina Hotel & Beach Club, Metropole South Beach, Chesterfield Hotel + Suites, Hotel Chelsea, Hotel Shelley, Whitelaw Hotel, ...
W South Beach, which celebrates two years gracing our sands this month, has decided to stay devotedly true to its reputation as a fashion-forward hotel and mark the anniversary with a limited-edition bikini created especially for the property by UK-based designer, Melissa Odabash.
Luxury real estate seems to be doing well in Miami; approximately $26 million has just been paid for 23 units at the W South Beach condo-hotel project in Miami Beach. Miami Beach is one the most coveted areas in this haute city with superb shopping, restaurants and nightlife.
It’s good to be a Newport Beach Hotel owner - they are enjoying Southern California' highest growth rate in RevPar at 17.8% year over year.
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