The Miami Beach real estate market has suffered a lot for the past 2 years. All kinds of properties were impacted including the luxury segment of the market. Real estate specialists are nevertheless quick to indicate that
Miami Beach real estate is suffering less than the rest of the market. Wealthy buyers domestic as well as international are a little bit less liquid but are still buyers of quality
Miami Beach homes and
Miami Beach condos. They are buying at the right price, bringing down inflated asking prices by sellers. Even celebrities such as Shaq need to comply with the new
Miami Beach real estate reality. The former
Miami heat Star, has relisted his
Miami Beach Mansion, located on the famous
Star Island, for 10 million less he originally priced several months ago.
Shaq bought this impressive
waterfront home in 2004 for a price of $18.8 millions, and is for sale now for a price tag of $25 million.
Shaq had a deal recently for a full $35 million but this incredible
Miami Beach real estate deal fallen apart.
2 comments:
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Real estate specialists are nevertheless quick to indicate that Miami Beach real estate is suffering less than the rest of the market.
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