Miami condominiums are selling at a record speed, according to recent market reports, and the New York Post point to the most luxurious projects in the city.

Summer was hardly a vacation for those in the business of selling Miami real estate.  According to the recent article in New York Post forecast looks sunny again for Miami condo http://www.nypost.com/p/news/business/realestate.

“I didn’t go to St. Tropez because of this,” says developer Gil Dezer, whose Sunny Isles Beach condo projects include the 384-unit Trump Royale and the three-building, 813-unit Trump Towers.  Dezer reports that he sold more than $100 million in Trump units during June, July and August ($50 million alone in August, including a $29 million, 34-unit bulk deal). He’s closed more than $1 billion in Trump condos overall and has only about 75 units left.

The three-building Trump Towers in Sunny Isles Beach

has sold about $800 million worth of condos

Recent Trump sales have been priced at about $525 per square foot and this is excellent price for Sunny Isles Real Estate, which mostly represented by luxury condos right on the beach. That’s significantly less than the $1,000-per-square-foot contracts buyers walked away from in 2009 after the financial crisis hit, but Dezer, who’s paid off the construction loans for all four buildings, seems satisfied. (Donald Trump participated in a ceremonial Trump Royale mortgage-burning ritual, lighting the document on fire himself, in January.)

The downturn “made the job challenging,” Dezer says. “Every day was a battle. But when you’re winning, it’s fun.”

Winning could also be used to describe the situation at Icon Brickell. That nearly 1,800-unit downtown colossus, built by the Related Group with designs by Philippe Starck, seemed to be in peril not long ago, and two of its three towers were deeded back to its lenders in May 2010. But Icon Brickell, which considered to be on the most luxurious condo in Miami,  now nearly sold out, with more than 1,500 units closing for a total of more than $700 million. When you factor in units in contract, only about 30 condos remain.

The Philippe Starck-designed Icon Brickell includes a spa.

“I think the market has consumed the inventory in a much more rapid way than I and probably everybody thought,” says Related Group chairman and CEO Jorge Perez, who adds that most buyers have been foreign. “The Latin American economy has been strong.”

“The forecast was that we would sell all the units in three years at an average price of $350 per square foot,” says Edgardo Defortuna, president of Fortune International Realty, which started selling Icon Brickell in June 2010.

Located just steps from the beach in the heart of South Beach  W South Beach Residences has closed about $260 million in condos at an average of $1,700-plus per square foot, developer David Edelstein  says. The W sold more than $50 million during the summer.

“One penthouse went for $7.7 million, north of $3,000 per square foot, said David.

W South Beach sells 23 units in three months

As with much of Miami, foreign buyers have been key at the W. From May through September, about 65 percent of Edelstein’s purchasers were foreign, and about half of those were from Brazil, who very actively investing in Miami Beach Real Estate.

The allure of the W has helped nearby condo buildings lure in buyers, including those from New York.

If you are looking to buy Miami Beach luxury condo in the most exclusive area of  South Beach which called the  SoFi,  South Beach Real Estate  have many fashionable buildings to chose  from: offering resort style living Continuum South Beach with its unique location, private beach and tennis clubs  which have  beautiful apartments with unobstructed ocean views  in two luxurious towers : Continuum North Tower and  Continuum South Tower, stunning Murano at Portofino which offers exceptional  condos  and townhouses at bay front location , sleek Murano Grande and  contemporary Icon South Beach,  designed by Philip Stark, intimate, serene oceanfront resort in the heart of South Beach – Setai Miami Beach  and the most elite condo in Miami Beach Real Estate – Apogee South Beach, which considered  the most luxurious building in South Florida , it a masterpiece of modern luxury living for just 67 families, who will appreciate the privilege to call Apogee South Beach home.

Price are going up now in luxury Miami oceanfront condos  and there with just three  units currently for sale in the building it no surprise the  lease expensive apartments are in  6 million dollars range.

So far six units have been sold in Apogee South Beach this year:

unit 1402 was sold for  $ 4 995 000 , originally priced at  $5 349 000
unit  1803 was sold for  $ 4 900 000 originally priced at $5 400 000
unit  1001 was sold for  $ 6 800 000 originally priced at  $7 500 000
unit  1404 was sold for  $ 7 350 000 originally priced at $7 990 000
unit  2101 was sold for  $ 7 500 000 originally priced at $8 395 000
two story Apogee South Beach penthouse PHA which has  6,853 interior SF and more than 11,000 SF of terrace space with   breathtaking views of the Atlantic Ocean , Fisher Island and the Port of Miami or Miami’s skyline  was sold for  $ 11 500 000 originally priced at $14 000 000

If you are planning to buy Miami Beach Real Estate and want to receive exceptional customer service please contact The Reznik Group , we will find the best deal for your Miami Beach Condo or South Beach Condo that you will fall in love with.

Sunny Isles Beach Real Estate considered to be on the most desirable luxury oceanfront real estate not just in the USA, but in the whole world.  Sunny Isles Beach Condos with lavish apartment and beautiful views of the Atlantic ocean and the city are selling very quickly because of the huge interest from foreign buyer  mostly from South America, Canada and Europe.

Foreign investors are playing a huge part in the process of recovery of Real Estate market in South Florida. Current market situation in Florida represent tremendous opportunity to invest in South Florida Real Estate, prices are relatively low, the luxury condominiums and waterfront homes cost fraction of the price that cost similar properties at their home countries, the weather is beautiful all year around and dollar is weak compare to euro or Brazilian real.

Recently build luxury Sunny Isles Condos  Jade Ocean, Trump Towers and Trump Royale almost sold out by the developers, prices are really going up this year not just in those buildings, but in all Sunny Isles oceanfront luxury condos: in classic Acqualina, ultramodern Jade Beach, exlusive Turnberry Ocean Colony with perfectly designed residences and stunning Trump Palace.

So, it is no surprise that with very current market turnaround situation – Sunny Isles Real Estate For Sale – number of units are dropping every day and prices are going up, developers decided that now is perfect time to plan for new projects, number of new South Florida condominium constructions projects are on horizon, two luxurious project are planned in Sunny Isles Beach: Porsche Tower, which will be designed with the cooperation with German company, the huge luxurious apartments will  have parking or garage incorporated inside the unit, the special lift will be delivering your car to your private floor, basically you will be driving directly into you condo and  Lalique  Tower, which will be located at the south part of Sunny Isles Beach will be designed by French company and will reflect it’s style and tradition in this new luxury condo.

If you are interested in more information about the Porsche Tower or Lalique  Tower, or any other South Florida preconstruction condos feel free to contact The Reznik Group, we are among the top boutique real estate firms in Miami Beach today and specializing in Miami Beach Luxury Real Estate, our website is updated daily with the newest condos in Miami, market updates, statistics and Miami real estate news.

Miami Beach Real Estate market is improving very fast and   new projects are scheduled to  break ground in South Florida very soon.  Bellini Williams Island and Apogee Beach Hollywood  will be first  pre-construction developments that will have Luxury Miami Condos For Sale in the last five years.  The newest condominium to Williams Island, Bellini will be a 24 story luxury tower with 70 exclusive residences, developer Martin Z. Margulies is behind the project, he has developed many of South Florida’s most prestigious condos, like Bellini  Bal Harbour, which is considered to be  one of the most luxuries projects in Bal Harbour Real Estate .

Each one of the 70 private residences in Bellini Williams Island  will have its own private elevator, panoramic oceanfront views and three oversized bedrooms. Also apartments will  have wrap around , glass-railed balconies with unobstructed water views, 10-ft high ceilings, units will be equipped with   top-of-the-line interior appointments, fixtures and appliances such as  Sub-Zero and Poggenpohl. The building will have elegant with porte-cochere entrance,   24-hour valet parking, front desk staff and concierge, private security and computerized access systems.  Residences in this Luxury Aventura Condo  are currently priced from $1 million.Apogee Beach Hollywood to rise in Hollywood Beach at much lower starting prices than famous Apogee South Beach, which is considered to be one of the most exclusive buildings in Miami Luxury Real Estate and South Beach Real Estate.  The building planned  by world famous architect Carlos Ott,  who  have designed Jade Beach and Jade Ocean that  setting a new standard in luxury oceanfront living in Sunny Isles Real Estate.
Apogee Beach Hollywood  will appear as 22 story, high-end boutique oceanfront luxury building with only 49 exclusive residences ranging from 1,665 SF to 4,800 SF. The condo will offers two sprawling residence sizes (3,103 SF or 4,154 SF).  Apogee Beach will also be a high-end, exclusive beachfront address for a select few. The groundbreaking  is set for last quarter of 2011 or January 2012
 and project should be completed by  August 2013.  For more information, floor plans and reservation details for Bellini Williams Island and Apogee Beach Hollywood contact The Reznik Group, we are premiers Miami real estate brokerage that committed to provide buyers and sellers with unparalleled service.

Genting and Arquitectonica  unveil plans for a $3B mixed-use development known as Resorts World Miami, it is considered one of the largest developments in the history of Florida.  The project will reside on the 13.9-acre Miami Herald land which was purchased for $236M in May of this year.  The 10 million square-foot bayfront resort will have a total of 5,200 hotel rooms distributed amongst four hotels, two condominium towers with 1,000 units, more than 50 restaurants and bars and luxury retail center.  The development will also have 750,000 square feet of convention and meeting space, including a 200,000 square-foot ballroom which would be the largest of its kind in the nation.  The focal point of the development will be 3.6-acre outdoor lagoon,surrounded by natural sand beaches. The plan also includes space for a casino but Genting first needs the Florida Legislature to approve expanded gaming for that to come to fruition. Resorts World Miami is estimated to create 15,000 direct and indirect construction jobs as well as 30,000 permanent positions once construction is completed.  Development is expected to start as early as Spring 2012 and could be completed as early as Fall 2014.  The new Miami resort will cover 30 acres of land overlooking Biscayne Bay, comprising both the Miami Herald site and adjacent Omni Center, for which Genting Malaysia today  had acquired all outstanding mortgages.

Resorts World Miami will have a huge impact on the city of Miami and on Miami Beach Real Estate.  “This will put Miami on the map and make it a destination,” said Bernardo Fort-Brescia, co-founder of Arquitectonica, the design team behind Resorts World Miami.  I couldn’t agree more with his assessment.  The development will allow Miami to compete with the big boys which includes the likes of New York City, Chicago, Los Angeles and Las Vegas.  It will turn Miami into a first-rate city almost overnight and have a profound effect on property values as a result.  To put everything into perspective, Resorts World Miami is a game changer.

Indian Creek long was a one of kind Miami Beach Luxury Property Island. Located in the middle of the everything this magic city have to offer, close to Miami and Fort Lauderdale, shops, restaurants, night life and on other hand is so secluded, not everyone knows it’s there, unless you are real luxury property diehard fan of everything Miami Beach Real Estate. Top dollar was fetched for a two acres luxury estate on Indian Creek Island recently, a whole top of dollars a fifteen million dollars on 4 Indian Creek Drive, waterfront property on the luxurious and exclusive enclave of Indian Creek Island Miami Beach Real Estate.  This exclusive island is located on the beautiful Biscayne Bay, a prime community with a private police unit, golf course and golf club. The short distance to South Beach Real Estate makes it even more desirable, close by are Downtown Miami, Brickell and Brickell Key. In 2005 the property was sold for eleven million dollars, when Miami Real Estate was booming, in 2010 however , the land along the greens of golf course went down to seven million dollars and in 2011 it sold for fifteen million dollars. “This parcel represents the great attraction people across the world have for owning property in South Florida,” and this purchase, the buyer is said to be European origin, enabled him to build the dream home in one of the most sought-after communities.Indian Creek long was a one of kind Miami Beach Luxury Property Island. Located in the middle of the everything this magic city have to offer, close to Miami and Fort Lauderdale, shops, restaurants, night life and on other hand is so secluded, not everyone knows it’s there, unless you are real luxury property diehard fan of everything Miami Beach Real Estate. Top dollar was fetched for a two acres luxury estate on Indian Creek Island recently, a whole top of dollars a fifteen million dollars on 4 Indian Creek Drive, waterfront property on the luxurious and exclusive enclave of Indian Creek Island Miami Beach Real Estate.  This exclusive island is located on the beautiful Biscayne Bay, a prime community with a private police unit, golf course and golf club. The short distance to South Beach Real Estate makes it even more desirable, close by are Downtown Miami, Brickell and Brickell Key. In 2005 the property was sold for eleven million dollars, when Miami Real Estate was booming, in 2010 however , the land along the greens of golf course went down to seven million dollars and in 2011 it sold for fifteen million dollars. “This parcel represents the great attraction people across the world have for owning property in South Florida,” and this purchase, the buyer is said to be European origin, enabled him to build the dream home in one of the most sought-after communities.

The Residences at St Regis Bal Harbour fulfill the wishes of the most discriminating buyer. A new icon, has arrived, the magnificent  St. Regis Bal Harbour, Miami Beach Resort. Located directly on the Atlantic Ocean with six hundred feet of beach front and across from the renowned Bal Harbour Shops, it embodies the best of the lifestyle simply set by the high  St Regis standard around the world. A peerless haven of oceanfront elegance, anticipatory service, quiet unwavering taste and seductive amenities, this exclusive enclave is directly across from the celebrated Bal Harbour Shops and mere minutes from the whirlwind energy of South Beach and Miami’s lifestyle. The St. Regis Condo Residences Bal Harbour Resort, Miami Beach features 243 elegant rooms and suites, superbly appointed with Italian cabinetry, Sub-Zero, including 36 condominium-hotel suites in three all-glass towers, Wolf, Bosch & Miele appliances; amenities include European-style kitchens, premium entertainment systems; bedroom closets feature European cabinetry & closet systems; “smart” technology, exquisite bathrooms and wide, glass-enclosed balconies with floor-to-ceiling panoramic views of the ocean and bay; 10′ ceilings; impact resistant glass windows; expansive private balconies with breathtaking views of the Atlantic Ocean. Take a walk in the morning sunshine and a gentle warm breeze of the blue Atlantic Ocean. That can be the start of your day everyday. It heaven. The warm inviting white sand at your feet caresses you. The St. Regis Bal Harbour Resort, Miami Beach is a huge and long waited star of the Bal harbour Real Estate market and carries the long honored St Regis tradition of offering scrumptious surroundings, service, which is incomparable and array of amenities so exquisite and glamorous that complements every day of your stay at luxurious St Regis and unprecedented South Florida Style. The owners of the residences can also indulge in the in the exclusive amenities right on the beach, lounging in the ocean front cabana, with flat screen television, ice maker, mini bar, Wi-Fi, internet connection. Remède Spa, where you can revitalize your senses offers all kind of different Micro-Exfoliating treatments and much more. St Regis Bal Harbour gives you an opportunity to indulgence in treatments for your body, hands, feet, massage, customized bath with salt and other herbs, indulge in the culinary delights at the residence’s signature oceanfront restaurant, where you can sample  a signature dishes and a rare vintage bottle at the St. Regis wine bar, outdoor pool, oceanfront cabanas, golf courses, 24-hour valet services, 24-hour security on site, bellman services on hand, delivery, childcare service available in case you want to hit the town with your lover, go down South Beach or Downtown. The world famous St.Regis Butler Service, the personal butler is is your liaison to a collection of all services which made St Regis a wold class name, they are as always discreet and meticulous, personal and flawless with delivering every indulgence you might have, with a careful noting, recalling your preferences instantly.St Regis Bal Harbour a Miami Beach Resort butler service is ready to deliver with style and sanctification no matter how sophisticated or simple your request. The St Regis Bal Harbour will join the ever glamorous and sophisticated array of the ocean front condominiums.

Fort Lauderdale, Florida combines warmth and relaxation as it await you as you discover a casual world filled with mega yachts, condominiums, sophisticated people , CEO’s of one the biggest company’s of , not to mentioned alfresco dining, outlet shopping, natural wonders, arts and festivals, museums, like Fort Lauderdale ‘s Museum of Art, Bonnet House, Fort Lauderdale Historical Museum. Fort Lauderdale is very diverse condo market, like L’Hermitage Condo or  Hollywood Beach and Hollywood Real Estate and at Downtown Riverwalk, Hallandale Beach Condo Market, a world of golf and more. Fort Lauderdale is marvelous, it makes you feel the caress of nature or get your heart pounding with thoroughbred racing at Gulfstream Park. You can plan a spa day or a day cruise on blue waters. And area museums invite you to explore acclaimed art, culture, science and history exhibits, meanwhile world-class entertainment and gaming are right at your reach. Taste fresh of paradise, take a look at yacht-filled waterways or explore exotic Las Olas Boulevard. Fort Lauderdale Oceanfront Condos  are of significant interest to foreign and domestic buyer who is on love beautiful, blue Atlantic Ocean,  ocean views or fabulous Intracoastal Waterway views. Premier greater Fort Lauderdale luxury homes for sale, residential waterfront property and residential single family homes, high-rise beachfront condominiums. The South Florida real estate consist of Broward, Miami-Dade and Palm Beach counties, then there is Hollywood, Pompano Beach, Boca Raton, Delay Beach, Boynton Beach, Aventura, Bay Harbor Islands, Sunny Isles, Golden Beach and Miami Beach.

According to Blog.Miamire.com “Miami  continues to remain a top destination for foreign buyer as international purchases surged by $16 billion this year, one of the highest increases in recent years. This is according to the National Association of REALTORS®’ 2011 Profile of International Home Buying Activity. According to the survey, total residential international sales in the U.S. for the past year ending March 2011 equaled $82 billion, up from $66 billion in 2010. Total international sales were split evenly between non-resident foreigners and recent immigrants, while combined total domestic and international existing-home sales in the U.S. were $1.07 trillion. Recent international buyers came from 70 different countries, up from 53 countries in 2010. For the fourth consecutive year, Canada was the top country of origin, with 23 percent of sales to foreigners. China was the second most popular country of origin, with nine percent of international sales this year. Tied for third were Mexico, the U.K., and India. Argentina and Brazil combined reported an increase in foreign sales with five percent, up from two percent in 2010. The top five countries of origin accounted for 53 percent of international transactions in 2011. Florida and Miami is most popular among South Americans, Europeans and Canadians. The National Association of REALTORS®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.” Miami Beach Real Estate is becoming more hotter every day, Sunny Isles Beach Real Estate, South Beach Real Estate. The new star of Miami Beach is St Regis Condominium rising on the beach on the Atlantic Ocean in Bal Harbour Real Estate. “Two consecutive months of month-over-month growth and continued relative strength in the non-distressed market segment are positive seasonal signs in the housing market. Slowly declining shadow inventory and stabilized negative equity levels are also positive signs. Nonetheless, the fragile economic recovery is still critical to the long-term recovery in the housing market,” says Mark Fleming, chief economist.

According to Bloomberg.com “Brazilians Buy Miami Condos at Bargain Prices. Frederico Azevedo went to Florida looking for a second home. He left with three, paying $300,000 and $500,000 for condos in two Miami towers, and $1 million for a unit at the Trump International resort in nearby Sunny Isles.” The Trump International or Miami Trump Towers in Sunny Isles Beach are the fastest selling condos at bargain price. “I bought one to use as a vacation home and the other two as investments,” Azevedo, 39, president of Construtora Altana Ltda, a housing-development company, said in a telephone interview from his office in Sao Paulo. “It’s actually very cheap in Miami compared to here.” Investors are once again are here and looking for deals and bargains all over the city, which became a real three hundred and sixty five days a year kind of  vacation destination, no one even remembers, that it once was a snow birds only place from October to March. The families with kids, honeymooners, students on the spring break, they all hear all year long.  Now the Brazilians discovered the paradise of the sun, water, Miami Luxury Condos Market at bargain prices. “Surging real estate prices in Brazil and the currency’s 45 percent gain against the U.S. dollar since 2008 are sending Brazilians to South Florida in search of bargain vacation homes and property investments. That’s helping bolster Miami’s condo market, with total sales increasing 79 percent in the first five months of 2011 from a year earlier, according to data from the Florida Association of Realtors released today.” Miami’s condo market is on the rise.  “In the Miami area, Brazilians bought 9 percent of homes and apartments sold to international buyers in the 12 months through March 2010, behind only Canadians and Venezuelans, according to the Miami Association of Realtors. Since then, “anecdotal evidence certainly points to a significant increase,” said Lynda Fernandez, a spokeswoman for the group. In May, international clients bought about 60 percent of existing houses and condos and 90 percent of newly built homes, the association reported today. As many as half of the downtown Miami condos that have been sold to foreigners for more than $500,000 since January were purchased by Brazilians” Downtown Miami Condos is one of the favorites among the investors and buyer from Brazil and South America. “The fastest economic growth in two decades last year and accelerating inflation made Sao Paulo, Rio de Janeiro and Brasilia more expensive than any U.S. city, according to a survey by ECA International, a London-based human-resources company.”