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.

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.

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.”

Be part of the dream with a luxury condo in one of The Trump Towers Sunny Isles, three sophisticate designed 45 story sky rises that offer opulence on the Atlantic Ocean. Own a piece of heaven in one of the buildings, filled with amenities and sumptuousness service to furnish to your every whim. Surrounded by magnificent views of the Atlantic Ocean and the Intracoastal Waterway, this elite location embodies a new definition of luxury, ease, and convenience. Two and a half miles of gorgeous sandy beach are your backyard, and the most stylish restaurants and nightspots in the world as your playground. Trump Sunny Isles offers something truly unique, a chance to invest in a lifestyle that you yourself can articulate. The concierge is always ready to serve you, the pool boys will bring your towels, and you will feel royal in your own setting on your own terms. This is the setting for a new kind of lifestyle, where your options extend as the ocean views outside your windows. Located between chic condos of Bal Harbour and elegant Aventura lies the intimate seaside community of Sunny Isles Beach, South Florida’s new address for Trump Luxury. Indulge in one the finest and most recognized high-end shopping destinations in the world, gourmet dining, exclusive nightspots, as well as world-class art galleries and museums. This private oceanfront bliss in conveniently located thirty minutes away from Miami International and 15 minutes from Fort Lauderdale Airports.

Jade Ocean Sunny Isles

JADE Ocean Sunny Isles, a brilliant new building defined by cutting edge technology and modern design is the newest addition to Sunny Isles. Inspired by the 600 feet vast pristine shoreline spanning JADE Ocean. Carlos Ott, the renowned architect thought of the best way to “create a luxury building while still keeping it homogeneous with the natural environment”.  The 52 story tower with 250 luxury residences and embraces its residents with unmatched design, sophistication, glamor, and state of the art building with SMART technology. The striking entrance to the building has a cascading waterfall that leads to a beautiful 6 story drop off at the very front of the JADE Ocean Tower. The charming pool appears to flow throughout the middle of JADE Ocean from the Atlantic coast to Collins Avenue and whether you prefer sunshine or shade it is different than anything we’ve seen
in South Florida. Once inside, there’s concierge service available and an extensive list of luxury amenities awaiting you. Building features & amenities include floor to ceiling glass walls, comfortable floor plans, Spa, steam & health club, theater room, business center, conference room plus state of the art home panel technology making JADE Ocean a sophisticated smart building with computerized personal controls monitoring your residence and serving as a virtual butler. Located in magnificent in Sunny Isles, in between Miami and Fort Lauderdale the location of the building makes it an alluring place to live. Endless stores and restaurants are footsteps away along with access to a beautiful beach. Investing in a primary home or second residence at JADE is a truly unique experience for those that are ready for the new revolution in beautiful architecture, technology and ocean living.

“South Florida homes and condos begin 2011 with the surge,” proclaims Miami Herald. 2011 is the year of the Miami Real Estate. That is what experts are saying. The sales of single – family homes and luxury condominiums in Miami area rose about 20% compare to the last year. The buyers and investors are looking for Miami homes to buy or invest in and everybody have to remember the few key points and factors, like budget and the most important point in any real estate transactions location, location, location. If people will take this into consideration and the rock bottom prices of the Miami Real Estate Market, you have a win, win situation. Miami Homes for Sale include both new constriction as well as existing homes, no matter what’s the situation finding a match is easy.  In January of this year 2,550 existing condos was sold. Some seller will go to any length to bring in customers and reminiscent of 2005 they have parties with free-flowing liquor and Hors d’Oeuvres, Grammy winning artist, celebrities, socialites. They are simply creating a marketing buzz with lavish soirees in luxury condos like Trump Hollywood and many more Miami Luxury Condos on the beach. In January of this year in Miami-Dade county were 1,262 previously owned condos sales, it is jump of 134%, which is tremendous according to Miami Association of Realtors. Just for comparing Broward County sales were up only 27% as of January 2011. Bal Harbour based Condo Vultures, consulting company; some of the top-selling luxury new condominiums include Icon Brickell, Jade Beach, Jade Ocean in Sunny Isles Beach, Canyon Ranch, which offers not only a slew of connivances, starting with location on the amazing beach of the blue water of the Atlantic Ocean to a whole new healthy lifestyle, which become the favorite of New Yorkers trying to escape the winter that never ends. According to one of the pending sales of the building they fell in love with a lifestyle and the huge discount they got, it’s a deal, they proclaimed that cannot be passed on. That is the general attitude of the potential buyer and investors towards Miami Real Estate today.  Regardless the slump the national housing market is in, Miami Real Estate Market continuing to grow, slowly, but steady. Cash continuing to be the king of the market dominating in sales County wide, in Broward 69% of all transaction was the all-cash deals. Seller love to hear it is an all cash offer, which means faster closing, less complication and no mortgage. Miami Real Estate is on its path of the former glory.

Sunny Isles Beach is the Sun and the Blue Sea, bounded by Atlantic Ocean and the Intracoastal Waterways, Bal Harbour to the South and Golden Beach to the North. Sunny Isles Beach is about twenty minutes from both International Airports of Miami and Fort Lauderdale, if you feel like cruising in there is Port of Miami not too far away. Almost one million vacationers come to Sunny Isles Beach every year to enjoy almost two and half miles of beaches. Sunny Isles Beach is slowly and surely becoming a world class vacation destination, with it white sandy beaches and the blue and green waters of the Atlantic that seems to go on forever. People from all over the world is discovering this small piece of paradise, where you can come have fun with your friends or take the whole family and have a wholesome vacation, swimming, snorkeling, jet skiing.  People, who come, enjoy their time and have to leave Sunny Isles Beach, have one feeling, envy. Envy for the people, who gets to call South Florida’s Rivera home with its luxury houses or oceanfront condominiums lining up redeveloped Collins Avenue  and weather that rather not be discussed in front of people, who get to leave Sunny Isles Beach.  The true stars of the Rivera is magnificent structures along the Atlantic Ocean, Jade Ocean, Jade Beach, Turnberry Ocean Colony, just to name a few. Resale in this building went way high in the past year. Buyer and Investors alike beginning to realize the ratio between quality and price is the most stable at the moment and right decision is very clear, it is The Time to buy or invest in the Sunny Isles Luxury Condominiums.  One of the more popular among local buyer and investors is Turnberry Ocean Colony two the most opulent towers in Sunny Isles Beach with the 650 feet of private white sand beaches along the brilliant blue waters of the Atlantic. Located on very private enclave in the heart of the city. The vision of the architect was to transplant unparalleled luxuries and create a paradise on the beach and Voila! the towers of Ocean Colony along with recreational  and celebrated social life of a private and very exclusive club, that is what a real buyer, who appreciates a finer things in life, see, when drive along the Colllins Ave. The residences of the towers crafted in peerless style with the most advanced and sophisticated European materials and appliances. The countless amenities and pleasures of the Turnberry Club are forever reserved for lucky and privileged few who call Turnberry Ocean Colony Home. The Towers are the most desirable condominiums of the Sunny Isles Real Estate. There are 260 units, 130 each per tower. As of March 2011 there are units for sale in the Ocean Cololony ranging from $1,390,000 for a two bedroom condo to $5,940,000 for a five double unit on the 34^th floor of the South Tower, this condo is almost 5700sq ft and have the most spectacular direct ocean views. In order to really appreciate prospective buyer need to go and experience the towers personally with the right professional by your side, The Reznik Group’s broker and agents specializing in condo sale and resale in the Sunny Isles Beach, South Florida Real Estate Market.

United States Housing Market has risen in the month of January 2011 more than any experts or analytical parties expected. According to Commerce Department national housing market jumped about 15%. Economists are baffled, but very optimistic about the nearest future. None other place can feel this jump more than others is Miami Condo Market which can proudly report a diminishing condo inventory for the first time in couple of years. Miami Beach Condos, Downtown, South Beach, Sunny Isles Beach Condo sales are on the uphill. Investors and buyer are starting realize of the great opportunities Miami Condo Market have to offer with the prices being at its best. Investors mostly rent out the units they buy and the rent prices are very affordable in some of the most popular areas, like Brickell Miami, where you can rent a 1bedroom for about $2100 or 2 bedrooms for around $3000 apartment in the new Icon Brickell or South Beach pride and joy Continuum North and Continuum South. A lot of out of town investors love South Beach Condo Market because it gives them an opportunity to be where the action is, but like everything else in life it comes with the prices, sometimes a very high one, but the Atlantic Ocean and sandy beaches of Miami are hard to resist, that’s why the investors go a bit north, to a small paradise town of Sunny Isles Beach, just 20 minutes away from South Beach, but where condo buildings are as spectacular, if not more. As you enter Sunny Isles Beach you come upon 3 towers just finished by developers, Trump Towers, then you have an astonishing Turnberry Ocean Colony, which loved by investors like nothing else, and last but not list worth mentioning is a beauty Aqcualina, the newest members of the prestige club of Sunny Isles Beach Condo Market is newly finished by developers Jade Beach and Jade Ocean. According to released reports almost 85% of the Miami Condo inventory have been sold, this information is based on the condominiums been build since the boom, the building boom, which began in 2002 or as they more known developers golden years, when people where lining up at night to buy a Miami Condo. Real Estate experts, buyer  and seller knows that the golden age passed, but this time can defiantly be called a golden opportunity, condo prices are as low as they can go, inventory is askew  and the sun will always shine on Miami, no matter the price and condo inventory. It’s February 16 and it is 75 degrees, cannot get better than that.

Whether you are a first time buyer or an experienced real estate investor in Miami Real Estate Market, you know the time to buy is know, prices are finally stabilized, a lot so called “investors” left the market knowing the free loading time is no more. Investors or buyer can have a free access to life South Florida Multiple Listing System or MLS, which is current to the minute, including luxury oceanfront Miami Beach Condos for sale right on the beach, across the street or on the beautiful Waterways of Miami Beach. Our team members will guide you the process in order to simplify the real estate acquisition process, will defiantly help you to insure successful transaction, save you money and lots of time, witch waits for nobody. No matter you just looking for a second home for unforgettable family vacations full of memory in waterfront communities of Miami Beach, Sunny  Isles Beach, South Beach or Brickell, or maybe it is a permanent move, simply put a relocation for you and your family, you know just like the locals Miami is most vibrant and dynamic city in universe.  Our Luxury Miami Condos Collection have been created for an easy access to accommodate investors, buyer, first time buyers or people just browsing in order to find the perfect piece of paradise just a short plane right away, maybe even closer, whether it is a beachfront condos and properties of Sunny Isles Beach or always lively South Beach High-Rise condos for sale or maybe it is single family Golden Beach House, Miami Beach House or Bal Harbour Houses or maybe, just maybe you want to deep your feet and see how it feels to spend winter month in the Rented House frolicking on the beach in 80 degrees weather, when the rest of the country is miserable in deep of the winter with yet another snow storm. Miami Beach Condominium developers are now completing a lot of new condo projects, which have been stopped by the falling real estate market couple of years ago. To find specific existing condo, townhouse, single house or rental, you can do all that and beyond by clicking on this link of Miami Beach Luxury Condos.