King Cole Condo Foreclosure

PRICE: $555,000  **FORECLOSURE**

Description | The King Cole Condominium is located in central Miami Beach and faces south looking over the bay, La Gorce and Allison Islands, Indian Creek, downtown Miami, the ocean and beaches to the east. This unit is a huge 2 bedroom 2 bathroom that offers coastline views and an upgraded kitchen and bathrooms.  Purchase this property with as little as 3 percent down with Fannie Mae’s HomePath Mortgage & HomePath Renovation Mortgage Financing. Call or email us today to view this unit -305.673.5300 or info@miamiangelproperties.com.

Address | 900 Bay Drive, Unit 325, Miami Beach  -   map it

Property Type | Condominium
Year Built | 1963
Living Area | 1,520 SF or 141 m2
Bedrooms | 2
Bathrooms | 2
Waterfront | Y

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900 Bay Drive Unit 325 (Right click the link and choose “Save link as”)

Live Cheap On Millionaire’s Row

PRICE : $184,900 **BANK OWNED**

Description | An old school LARGE one bedroom, two bathroom unit located on Millionaire’s Row, this unit in the Carriage House has fantastic views of the ocean and city of Miami Beach. Enjoy yoga on the beach in the morning and end your day with a caipirinhia on your balcony watching the sunset over the city. This oceanfront deal is priced at just over $200 per SF, now is the time to take full advantage, call or email us today to view this property and your opportunity -305.673.5300 or info@miamiangelproperties.com.

Address | 5401 Collins Ave #613    map it

Property Type | Condominium
Year Built | 1967
Living Area | 980 SF or 91 m2
Bedrooms | 1
Bathrooms | 2
Waterfront | Y

Check out the video tour:

Miami Beach Oceanfront Foreclosure from Ross Milroy on Vimeo.

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5401_collins_ave__613  (Right click the link and choose “Save link as”)

Murano Grande Foreclosure

SOLD PRICE: $475,000 **CLOSED SALE**

Description | Are you looking for that prestigious south of Fifth lifestyle at a fantastic price of $376 per square foot? The average price per square foot for the 20 units sold in the Murano Grande this year, is $639 per square foot. This is an absolute steal…..walk to the beach, marina or many local restaurants. Enroll your kids in the highly rated South Pointe Elementary School across the street. Jump on I-395 and within minutes your are in downtown Miami for a business meeting or on your next flight out of Miami International Airport. For additional information on this property or other luxury condo foreclosures in Miami Beach, please email us at info@miamiangelproperties.com or call 305.673.5300.

Address | 400 Alton Rd #609, Miami Beach  -   map it

Property Type | Condominium
Year Built | 2003
Living Area | 1,437 SF or 133 m2
Bedrooms | 2
Bathrooms | 2
Waterfront | Y

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South Beach Foreclosure

 

 

 

 

 

 

 

 

 

  

 

PRICE : $99,500 **BANK OWNED**

Description | This 2 bedroom, 1 bathroom unit is located in a historic South Beach gem, known as the Sevilla condo. This unit has been renovated, has loads of natural light, a washer/dryer and dishwasher. If you want to live in South Beach in the heart of our world famous community, this is the time to take full advantage, call or email us today to view this property -305.673.5300 or info@miamiangelproperties.com.

Address | 642 Michigan Ave #21  map it

Property Type | Condominium
Year Built | 1925
Living Area | 760 SF or 70 m2
Bedrooms | 2
Bathrooms | 1
Waterfront | N

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642_michigan_ave__21 (Right click the link and choose “Save link as”)

Venetian Isles Foreclosure

PRICE: $445,000 **BANK OWNED**

Description | This huge 2 bedroom 2.5 bathroom unit is located in one of the most impressive condominiums on Belle Isle. The open feeling and huge amount of natural light in this unit will get your chi flowing, not to mention the stunning wide views of the bay. This property is very affordable and a great deal at $235 per SF for waterfront Miami Beach property. This Venetian Isles condo will not be around much longer – call us today at (305) 673-5300…

Address | 16 Island Ave #2C  map it

Property Type | Condominium
Year Built | 1958
Living Area | 1,890 SF or 176 m2
Bedrooms | 2
Bathrooms | 2.5
Waterfront | Y

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Canyon Ranch Miami Beach

A few weeks ago the much awaited “soft” opening of Canyon Ranch., located at 6801 Collins Avenue in mid-Miami Beach, took place. The complex has three towers, with a total of 580 condo and hotel units on a six acres oceanfront site. According to WSG Development, they are closing units very quickly with 45 units closed last month and another 45 units closed this month. Additionally, only 70 units out of the total project are still available.

The ocean and city views from the property are spectacular and the wellness facilities provided by the Canyon Ranch lifestyle are world renowned. While the project is certainly impressive, and developed on one of the last few remaining oceanfront sites in Miami Beach, this particular district of Miami Beach, better known as “Little Buenos Aires,” is an area in transition. The majority of the condominium projects in this area are in a significantly lower price range with a completely different level of quality and amenities. The majority of the condos in Little Buenos Aires are nothing even close to the $1,000 plus per square foot that the buyers are paying for Canyon Ranch units. 

According to the Daily Business Review, Betty Saks, a Smith Barney financial consultant, and her husband, Bart Kavanaugh, paid $5,449,700 for units 2701, 2703 and 2704, with a total of 5,100 square foot or 511 square metres, which is the entire twenty seventh floor of the development’s North Tower. According to Miami Dade public records, the couple obtained a $3.0 million mortgage from CitiMortgage for the acquisition, obtaining a 3 year adjustable rate mortgage with a starting interest rate of 5.125%, and you thought we were in a credit crunch!

The developer stated that, “WSG was able to expedite closings and receive a temporary occupancy permit after resolving a $20 million financing issue stemming from the Chapter 11 bankruptcy filing of Lehman Brothers. New York hedge fund, Fortress Investment Group, which acquired the $400 million in Lehman construction debt in May, combined to make up the shortfall.”

So now with the Lehman issue out of the way, WSG Development can focus on expediting the closings and securing buyers for the remaining units. The final phase of the development, the historic Carillon hotel tower, opened in mid-November and was supposedly sold out the first two weeks of operation.

If you are interested to learn more about Canyon Ranch living in Miami Beach, please do not hesitate to contact us at 305.673.5300 or info@miamiangelproperties.com.

Normandy Isle Bungalow

PRICE : $330,000 **REDUCED**

Description | No, we didn’t misprint the price, it really is a steal!  At less than $300/sqft, you and your family can rest comfortably with all the amenties of you can imagine: hot-tub, big yard, sun-room, and walking distance to shops and restaurants. 

Address | 1552 71st Street – map it

Property Type | Single Family
Year Built | 1941
Living Area | 1,488 SF or 138 m2
Bedrooms | 3
Bathrooms | 2
Waterfront | N

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1552 71st Street (Right click the link and choose “Save link as”)

Floridian Pre-Foreclosure

PRICE : $375,000

Description | This is a turnkey investment, at a great price with a view.  A huge apartment located in the Fabulous Floridian, that offer all the amenities of quint-essential Miami living.  call  305-673-5300  today to check out the opportunity.

Address | 650 West Avenue Unit 2908  –   map it

Property Type | Condominium
Year Built | 1997
Living Area | 1,191 SF or 111 m2
Bedrooms | 2
Bathrooms | 2
Waterfront | Y

Download a full description (PDF):

650_west_ave_2908 (Right click the link and choose “Save link as”)