Wednesday, February 25, 2009

Miami Beach Real Estate Market

We all know too well the situation of the real estate market in South Florida. But Miami Beach, and more precisely South Beach reality is a little different.

For many reasons, investors from the US and international ones have found a heaven in the South Beach Real Estate Market, from Miami Beach condos to South Beach luxury villas; they have been able to purchase amazing properties for a great price, like the following.



A dazzling oceanfront penthouse at the Il Villaggio, was recently sold for 13,900,000. 4,600sf of rooftop terrace. Completely customized, 3 bedrooms, 4 bathrooms and 2 half baths on 5,700 Sq.Ft. of living area.



For a lower price, but still a serious investment, this Setai PH Villa is $1,960/SQ.FT sold at the asking price of $6,999,999. This 3 bedrooms and 3 bathroom penthouses sold far below the "pre-construction" pricing!



This huge 3,335 Sq. Ft. residence at the Continuum, with an amazing view, 3 bedrooms, 4 and ½ bathrooms, just sold for $5,200,000.



No expense was spared to create this 4,640 sq.ft 5bd/5.5ba unit. The master suite includes a dressing area & private office; the main living area is equipped for movie screenings & has a wonderful built-in-bar. Comes w/4 parking spaces and just sold for $4,500,000!



A wonderful penthouse apt with a private elevator has 3,780 sq.ft. & walls of glass in every room allowing amazing views throughout, custom 5 bedrooms 5-1/2 baths, huge open living room, den/library & much more. Amenities include 2 pools, tennis courts, gym & play area. This incredible penthouse sold for $2,950,000!





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