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South Florida Real Estate Blog
New Incentives for Buyers at W Fort Lauderdale Residences
May 23, 2017
W Fort Lauderdale Residences is offering an exciting new incentive to prospective buyers. For a short time, those interested in the W Fort Lauderdale Residences can experience the luxurious lifestyle the superb development offers residents firsthand. Prospective buyers will receive a 20-percent discount on a stay in a residential suite, a 10-percent discount on food and beverage at WET Bar & Grille and Living Room and a 10-percent discount at BLISS Spa. Additionally, buyers will receive a credit for their travel and stay upon closing on a W residence.
Paraiso Bayviews Topped Off
May 16, 2017
Paraiso Bayviews in Miami's trendy Edgewater neighborhood topped off vertical construction at 43 stories. It is one of 4 luxury condo towers in the Paraiso Bay mega-project and the second to complete vertical construction. Paraiso Bayviews is currently 90 percent sold out, and the remaining condominiums are expected to sell quickly.
Miami Luxury Condo Sales Increased in March
May 11, 2017
Lower prices helped propel the Miami luxury condominium market in March, according to a recent report. Sellers lowered prices, hoping to boost luxury condo sales, and the result was a 31-percent increase in sales of condominiums priced over 1 million dollars, when compared to March 2016. However, only 2 of those units sold for the full asking price. Condominiums listed closer to the final selling price sold faster than those originally listed at a higher price.
Riva Fort Lauderdale Receives Construction Loan
May 4, 2017
The developer of Riva in Fort Lauderdale closed on a 65-million-dollar construction loan. The 15-story development sits on a prime waterfront lot on Fort Lauderdale's Middle River. Riva Fort Lauderdale will be comprised of 100 luxury condos ranging in price from 700,000 dollars to over 3 million dollars. Currently, the anticipated project is 70 percent sold out.
Aria on the Bay in Miami Topped Off, Plus New Incentives
May 1, 2017
Aria on the Bay in Miami's Arts and Entertainment District has been topped off. The luxury waterfront tower now soars 53 stories and will contain 648 condominiums. The stunning development is currently 80 percent sold out, and the developers recently lowered the deposit requirements in an effort to sell out the remainder of the building. For condos priced over 1 million dollars, the deposit requirements are as low as 20 percent.
Construction on L'Atelier Miami Beach Goes Vertical
April 27, 2017
Construction on L'Atelier Miami Beach has gone vertical. Once complete, the luxury oceanfront condo development will rise 18 stories at the site of the historic Golden Sands Hotel in Miami Beach. All 21 half-floor and full-floor residences will boast direct ocean views. Prices at L'Atelier Miami Beach begin at 3.5 million dollars.
Bal Harbour Shops Set to Expand
April 25, 2017
After long-awaited approval, Bal Harbour Shops is set to nearly double in size. The ultra-high-end shopping center will add 340,387 square feet to its already existing 511,000 square feet. Bal Harbour Shops draws in luxury retail shoppers from all over the world.
Contract Signed for Penthouse at 3550 South Ocean in Palm Beach
April 19, 2017
A contract has been signed for a penthouse at 3550 South Ocean in beautiful Palm Beach. The luxurious residence boasts 3 bedrooms, a den, 3 bathrooms, a powder room and a private rooftop terrace. The spectacular oceanfront development boasts 5 penthouse residences in total.
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