Five Island Ave on Venetian

open-kitchenPRICE: $244,000  **CLOSED SALE $225,000**

Description | This large one bedroom condo located on the famed Venetian Islands in Miami Beach is being offered at an attractive price of $248 per square foot. This amazing corner unit has been completely renovated with new plumbing, electric, kitchen, custom closets and bathrooms. Walk across the street to the Standard Spa or take a quick stroll to the Lincoln Road Mall. Call or email us today to view this amazing condo on Belle Island  -305.673.5300 or info@miamiangelproperties.com.

Address | 5 Island Ave #4J, Miami Beach -  map it

Property Type | Condominium
Year Built | 1967
Living Area | 985 SF or 92 m2
Bedrooms | 1
Bathrooms | 1
Waterfront | Y

Download a full description (PDF):

5-island-ave-5j (Right click the link and choose “Save link as”)

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Filed Under All Else ·

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Sandpiper Villas

u2aview

PRICE : $199,000   **CLOSED SALE $165,000**

Description |  This renovated corner unit with tons of light boasts with refinished red oak floors, and classic cabinets.  The views are amazing and the location is premier on Venetian Way. To view this property, please call us at 305.673.5300 or email info@miamiangelproperties.com.

Address | 1120 Venetian Way Unit 2A -   map it

Property Type | Coop
Year Built | 1949
Living Area | 697 SF or 65 m2
Bedrooms | 1
Bathrooms | 1
Waterfront | Y

Download a full description (PDF):

1120_venetian_way_unit_2a (Right click the link and choose “Save link as”)

The Meridian

meridianexterior

PRICE : $399,900  

Description |  A brand new luxury condo loft, boasting over 1100 square feet.  Flooded with bright white light, you’ll feel that you’re stepping into a sanctuary spa everytime you step in.  This building has been ever so popular since it’s ultra-modern design hit the grounds of premier Meridian Avenue.  To view this property, please call us at 305.673.5300 or email info@miamiangelproperties.com.

Address | 2001 Meridian Avenue Unit 422-   map it

Property Type | Condominium
Year Built | 2005
Living Area | 1145 SF or 106 m2
Bedrooms | 1
Bathrooms | 1.5
Waterfront | N

Download a full description (PDF):

2001_meridian_avenue_unit_422 (Right click the link and choose “Save link as”)

South Beach Pre-Foreclosure

bathroomPRICE : $149,000 **PRE-FORECLOSURE**

Description | So you want to live in the heart of South Beach and within walking distance to the beach and all the action? How about all of that PLUS a fully renovated apartment, two bathrooms, an open balcony, a corner unit with loads of natural light, a parking space , bamboo wood floors AND low maintenance fees.

This unit is perfect for a first time homebuyer or investor looking for that fantastic South Beach location at an affordable price – Call or email us today to view this property -305.673.5300 or info@miamiangelproperties.com.

Address | 915 Lenox Ave #206, Miami Beach  -   map it

Property Type | Condominium
Year Built | 1965
Living Area | 770 SF or 72 m2
Bedrooms | 1
Bathrooms | 2
Waterfront | N

Download a full description (PDF):

915_lenox_av__206  (Right click the link and choose “Save link as”)

Marc Knight P.A., Sales Associate

Filed Under Agents, All Else ·

marcknight1An avid real estate investor and entrepreneur, Marc has been involved with real estate from the buy side for over 8 years and currently owns properties in both New York City and Miami Beach. As a result of his buy side experiences, he is focused providing an enjoyable experience and finding attractively priced properties of the highest quality for his clients. During his time in New York, Marc spent over 5 years working at a major investment (now commercial) bank in a variety of roles including derivatives marketing, proprietary trading, and derivatives trading. He has also worked on consulting projects with both McKinsey and Company and Boston Consulting Group.

Contact Marc Knight P.A.

Office Phone: 305.673.5300
Mobile:
617.504.4194
Email:
sobemk@gmail.com
Web site:
http://www.miamicondoshop.com/

Joey Vanas, Sales Associate

Filed Under Agents, All Else ·

Joey moved to Miami Beach in 2001 and quickly fell in love with the thriving beach community. He worked in residential real estate with a primary focus on the high-end residential condo market. In 2004, he moved to Las Vegas and worked on the marketing of several resort and residential live-work-play concepts. Joey recently moved back to the beautiful sands of Miami Beach and is thrilled to be in his native Florida again where he can enjoy outdoor activities such as surfing, swimming, cycling, and soccer.

Contact Joey Vanas

Office Phone: 305.673.5300
Mobile:
702.759.9469
Email:
joeyvanas@gmail.com
Fax:
305.576.8306

Chicken Little Syndrome

Filed Under All Else, Blog ·

This morning I spent a few minutes reading a fellow real estate practitioner’s blog that I have to say is just downright crazy, and whom I am going to refer to as the “Chicken Little Blogger”. Recent articles and posts on this particular blog read something like this, “Hard Times”, “Why Prices Won’t Stop Falling”, “It’s Falling Apart As Predicted”, and “It Will Only Get Worse”. I am so over these doomsday predictions and fear mongering people. Our economy is going through a very tough time, yes, and our local real estate market is hurting, but transactions are still taking place and we still have so much opportunity around us.

So let’s look at the facts as supplied by the Florida Association of Realtors for the City of Miami Beach on residential resale activity [note: this does NOT include new construction]:

1. In calendar year 2007, a total of $3.04 billion in residential resale activity, or 4,618 transactions with an average sale of $657,973.

2. For the first six months of 2008, a total of $1.2 billion in residential resale activity, or 1,885 transactions with an average sale of $640,267.

I remain positive, motivated and appreciate what is available to me. So let me share with you an example of a deal we closed this week. A few days ago we turned over the keys to a first time homebuyer of a fantastic one-bedroom art deco condo in South Beach. This property has high 10′ ceilings, a faux fireplace, totally redone kitchen, original wood floors, in a classic 1930’s art-deco building, and situated in a fabulous central location. I am talking just a few steps to Flamingo Park, three blocks to Lincoln Road Mall, two blocks to Washington Ave, and three blocks to the beach.

We represented the sellers and in just over 2 months sold the property for 92% of asking price. The sellers originally purchased the property as a second home and thoroughly enjoyed the property over the years. They walked away with a solid profit and many memorable experiences.

Now I don’t know about you, but even if we see a new low of $2.0 billion in resale activity for 2008, how is that such a HUGE problem? Unfortunately, I think that the real issue is that people don’t want to do the work and change their ways.

Wow, I guess the sky is not falling on my head.

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