Category Archives: Real Estate News

Some Quick Real Estate Notes from Zilbert

This week, I’ve got a handful of random items to share with you, and some news about the new Zilbert.com that will be released this summer. And, as always, I invite you to reach out to my staff and I seven days a week. We are always working, and always available.

Here’s what’s news at Zilbert:

THE GRAN(DEST) OF THEM ALL. We are highly-anticipating the launch of GranParaiso, the fourth tower in the hugely-successful Paraiso master condo development project in Miami’s incredible Edgewater district. The other three towers were enormous success stories, and this will be the newest and most-exciting new tower. As usual, Zilbert will be there on day one with entry level pricing, and our clients get preferred pricing. We will have an announcement very soon about this project, but let me know if you wish to be placed on an advance list to look at units we will be selling. This is another Related Group development, and for this fourth tower, Italian design mastermind Piero Lissoni will be the design architect. It’s going to be something truly amazing.

 

 

 

GranParaiso
GranParaiso

 

WHAT TO BUY? WHEN TO BUY? If you are a buyer, you may be getting mixed signals from the Miami marketplace. On one hand, with the strong U.S. dollar, non-U.S. buyers may be hesitating. On the other hand, Miami is going through its most-significant growth period in its history. So, anyone getting into real estate now is getting in during that upwards growth period (historically, pricing stablizes once growth stabilizes). But, make no mistake about it. The buyer opportunities are here, and now. Here are some factors to consider:

  • Sellers of Miami property who are from non-U.S. countries, particularly Europe, are seeing huge currency gains by selling their properties now. We believe many will negotiate favorable pricing to be able to “cash out” while their home currency is lower. The U.S. dollar cash sale is a windfall for them.
  • Some sellers are over-priced, giving a false impression that the market prices are higher than they should be. Enough time has now passed that we believe many of these unrealistic sellers will either reduced their pricing, or simply remove themselves from the market. This may give an impression of lower pricing. However, it’s really just a return to prices that are more consistent with the marketplace.
  • We are entering a 2-3 period where our many preconstruction buildings will be completing and opening (which has already started). While we have not created a market of “flippers” as we did with the last cycle, enough time has passed where there will likely be original buyers of preconstruction properties willing to let go their purchases at day-one pricing. That’s where the opportunities lie. And, for some of these buyers, their deposits that have been sitting in escrow have grown in value, due to currency changes in their home countries. So, yet another windfall for them should they sell out their contracts to new buyers. Zilbert has a team to match these sellers with buyers, and to facilitate in helping to find the proper and legal methods to either assign contracts or facilitate simultaneous closings.
  • South Florida is now seeing a surge in buyers from the U.S., which surprisingly enough, is something new for us. We have always had U.S. buyers, but the rate is skyrocketing. As U.S. buyers, particularly from the Northeast United States, continue to hunt for luxury properties, we are finding that our current pricing levels are compatible with their expectations. This means that although some of our condo properties are sitting at their highest valuations ever, buyers are making purchases.
  • Buyers from China are starting to descend on Miami. This adds a whole new demographic of buyers, one we did not have before. And the dollars coming into Miami are huge. We have yet to see what the impact on the market will be, however, as the number of buyers increase the amount of inventory decreases. So, for other buyers, this could reduce or eliminate buying options later on. So, perhaps this is a message to secure properties for yourselves ahead of this wave of buyers from China.

THE NEW ZILBERT.COM. Did you know that about 70,000 people visit Zilbert.com each month? And add to that our visitors to us in Brazil (Zilbert.com.br), Italy (Zilbert.it), France (Zilbert.fr) and Russia (Zilbert.ru), we are a worldwide resource. Well, we are getting ready to launch the next generation of Zilbert.com, and we are going to start to add many new features that make our web browsing experience a one of a kind experience. Not only will our site be Mobile-accessible (which you are going to love, by the way), we are redesigning how you look for properties or compare property prices. And, we will be introducing the “Zilbert neighborhoods”. This will help you watch and explore condos and homes in the areas that you want. We are very excited about this huge step in the growth of our technology, and it all debuts this summer 2015. Stay tuned!

 

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EPIC Miami – Penthouse – PH-5401

The penthouse sits in 4522 sqft (420.1 m2) of living space over two levels, with an incredible private rooftop terrace with plunge pool. There is almost 3000 sqft of private outdoor space. We’ve priced this showcase apartment at $6.150M, which is about $1,360/sqft. Dare I even call this the deal of the week? In any case, you will love this property, and we are now booking appointments with qualified buyers. Brokers are also always welcomed at any Zilbert property.

Click HERE or on any photo below to learn more about this magnificent home.

01_Epic Unit PH5401

 

03_Epic Unit PH5401

 

04_Epic Unit PH5401

 

05_Epic Unit PH5401

 

 

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ST REGIS BAL HARBOUR LPH-7

ST REGIS BAL HARBOUR LPH-7

Zilbert’s Jeffrey Miller and Mark Zilbert have just listed a lower-penthouse apartment in this five-star resort community.  Fully furnished, and offering 2 bedrooms, 2 bathrooms in 2389 sqft (approx.) of living space.  Listed at $4,595,000. [MORE]

 

 

PORTOFINO TOWER MIAMI BEACH APT 1803

 PORTOFINO TOWER MIAMI BEACH APT 1803

Zilbert’s Lisa Van Wagenen is featuring this south-of-fifth gem, offering 3 bedrooms and 2.5 bathrooms in 2340 sqft of living space. It’s an incredible renovation and new design. Listed at $4,395,000. [MORE]
W South Beach Unit 1428

W SOUTH BEACH APT 1428

Zilbert’s Dario Stoka has a showcase offering on the ocean at the W South Beach.  It’s three side-by-side W apartments spanning the width of the tower, each of which can be used separately or combined.  A total of 2960 sqft, with three bedrooms.  Listed at $8,950,000.  [MORE]

 

 

Marquis Unit 3108

MARQUIS MIAMI APT 3108

Zilbert’s Juan Alvarez has a great deal at Marquis. This 2 bedroom apartment has just been reduced to $820,000, and offers two bedrooms and 1647 sqft of living space. It’s very nicely appointed. [MORE]

 

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So, what’s for sale around Miami and the beaches? Well, that’s where my team and I come in. We are here to help buyers find the best properties in Miami, and we have a lot of insight to share.

Here are some places where you can start looking around:

The Zilbert Collection – these condos and homes are part of the exclusive collection of listings marketed by Zilbert, and in many cases represent the best value in luxury real estate. [CLICK]

Miami Preconstruction – these condos are the latest, newest properties being built in Downtown Miami, Miami Beach, Edgewater Miami and other high profile areas. [CLICK]

100 Newest Listings – these condos and homes have just come to market, and sometimes you will find that your best deal can be made on a new property listing. [CLICK]

My Private Collection – in addition to the many properties listed and marketed by Zilbert’s team of high-profile agents, I generally hold a small handful of properties that I market exclusively [CLICK]

As always, my team and I are available 7 days a week, and brokers are always welcomed at any Zilbert property listing.

 

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Links to the Zilbert Lists

 

100 Newest Property Listings:

http://www.zilbert.com/100_newest_listings.asp

 

100 Most Recent Closed Sales:

http://www.zilbert.com/100_most_recent_sales.asp

 

100 Most Recent Contracts:

http://www.zilbert.com/100_most_recent_contracts.asp

 

100 Most Expensive Listings:

http://www.zilbert.com/100_most_expensive_condos.asp

 

100 Most Expensive Sales:

http://www.zilbert.com/100_most_expensive_sales.asp

Mark Zilbert 

President and CEO 

Licensed Real Estate Broker

zrg_transparent_white

Zilbert International Realty

office  +1 305 726 0100

mobile  +1 786 280 0201

fax  +1 786 206 3854

e-mail  mark.zilbert@zilbert.com

website  http://www.zilbert.com

BBM secure pin 79aca5bf

Zilbert International Realty

1129 Fifth Street

Miami Beach, FL 33139

 

Home Loans Especially for College Grads

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With outstanding student loan debt topping $1.2 trillion, and more than 40 million borrowers carrying student loan debt, the age of first-time homebuyers is edging upwards. Among millennials, homeownership is down from 43 percent a decade ago to just 36 percent today. Even though rates on mortgages are relatively low, the overall debt-to-income ratio of potential homebuyers in their 20s and 30s is relatively high.

Graduating from college or getting that advanced degree can propel your career, but student loans hanging over your head might make buying that first home more difficult. According to a 2012 study, qualifying for low-downpayment loans—or any loans—for those with higher debt loads due to student loans can be particularly unattainable. But newer options are coming available for successful college graduates that might open up doors for potential homebuyers.

USDA Loans

A specialty loan type geared toward rural housing, the USDA Home Loan Underwriters consider a college degree to be a “compensating factor” when evaluating applications for home loans. They have special ways of calculating student loans that are in deferment or are in an income-based repayment (IBR) status depending on the documentation of your arrangements, so keeping great records on your student loans is really important.

FHA Loans

When calculating the debt-to-income ratio for FHA loans, the Federal Housing Administration calculates loans that are deferred beyond 12 months differently than loans that may require payments to begin sooner. Again, the FHA lender requires supporting evidence regarding your loan’s deferment status. If you are a co-signer on a student loan, your lender’s standards may differ, too.

How can you qualify?

Data from top lenders shows that about an equal number of loans to millennials with student debt are funded as are denied. That means that other factors regarding student loan debt affect approval during underwriting. According to some analyses, a difference in monthly student loan payment amounts of $500 versus $300 can derail a loan, as can a few points one way or the other on a credit score.

Check out new loan products

Standard loan underwriting by Freddie Mac and Fannie Mae may continue to slow home mortgages to graduates with student loans, but some lenders are creating options for graduates in good standing.

Requiring as little as ten percent down, a SoFi mortgage has flexible debt-to-income requirements in its underwriting process for graduates with education debt. While not yet available in all state, these loan products are available in twenty-three states and the District of Columbia. Expansion to other states is in the works.

These mortgages do not require private mortgage insurance (PMI) or loan origination fees, saving new millennial homeowners a little more in the monthly outgo, too. According to their website, loans tend to close in as few as 21 days due to their streamlined underwriting process.

Compliments of Virtual Results

Zilbert’s Real Estate Update: And a Happy Thanksgiving to All

Zilbert Logo

This is a big holiday week for us in the United States, our annual Thanksgiving week and long weekend. For those of you celebrating Thanksgiving, my staff and I wish you a wonderful and happy time with your families, friends and colleagues. This also starts the busy holiday and winter season for real estate, and today, I wanted to bring you up to date on some of what’s going on in Miami (and New York) real estate. Zilbert will have staff on-hand every day this winter season, including Thanksgiving Day and Christmas Day. So, reach out to any of us any time, and let us show you how well we take care of our customers.

– Mark Zilbert

Some Zilbert Real Estate News

NEW DEVELOPMENT PROJECT – Hyde Midtown

As we reported last week, the company behind the SLS Hotel chain, and the HYDE lounges and night clubs is collaborating with The Related Group and Dezer Development to build the Hyde Midtown Miami Suites and Residences. This 397 unit luxury tower is getting a lot of attention, and we believe it’s going to be a winner. Midtown Miami is within one of the fastest-growing city areas of Miami, and is adjacent to the Miami Design District, home to Louis Vuitton and a huge host of other luxury brands and restaurants. Learn more about Hyde Midtown by clicking HERE.

NEW DEVELOPMENT PROJECT – Turnberry Ocean Club

Everyone these days is looking for the next great oceanfront resort in Miami. Well, we may have found it in Sunny Isles Beach, the Turberry Ocean Club. Just 154 apartments in a soaring tower on the beach, with amazing architecture by Carlos Zapata. And, don’t miss the jaw-dropping pool and resort deck on level 30. There is nothing else like it. Learn more about Turnberry Ocean Club HERE.

IS YOUR FAVORITE PRECONSTRUCTION CONDO SOLD OUT?

Much to our delight, many of the great, new luxury condos in Miami Beach and Downtown/Brickell/Edgewater are sold out (or close to being sold out). Fear not. We are nearing the time where some unit owners may be looking to resell the interest in their contracts, via simultaneous closings. My team and I have a group that specialize in turning these apartments around, so reach out to me if you intend to resell your preconstruction condo, or are looking for a condo in a building that has little or no inventory left. We do this very well. CONTACT us via our online form.

ZILBERT’S NEW YORK LUXURY CONDOS

Zilbert in New York? What’s that all about? Well, while we do not (yet) have a presence in New York, we have, fortunately, built relationships with some of New York’s most-prominent brokers and developers. There are some secret super-tall, super-luxury condo projects in the works, and Zilbert can refer you to the right people to help you learn about (and purchase) property ahead of the general public. If your budget is $10M or more, and you want to learn of some not-yet-announced condos that will make headlines, let me know. You may just find something very special that you never knew was going to be. And, Zilbert will bring it to you first*. CONTACT us via our online form.

WHAT’S ZILBERT SELLING THIS WEEK?

Zilbert’s 30 superstar realtors are pleased to be the exclusive sales agents on many of Miami’s greatest condos and homes. And, I am always delighted to share our exclusive property list with our clients and our broker colleagues from Miami and around the world. To see what we are offering for sale this week, please visit our latest PROPERTY LISTS.

Additionally, through our local broker networks, we have access to just about everything for sale in Miami. You can see these lists below, each is updated daily. Is there something for you today, perhaps? If so, we will help you find it.

∞•∞•

So, what’s for sale around Miami and the beaches? Well, that’s where my team and I come in. We are here to help buyers find the best properties in Miami, and we have a lot of insight to share.

Here are some places where you can start looking around:

The Zilbert Collection – these condos and homes are part of the exclusive collection of listings marketed by Zilbert, and in many cases represent the best value in luxury real estate. [CLICK]

Miami Preconstruction – these condos are the latest, newest properties being built in Downtown Miami, Miami Beach, Edgewater Miami and other high profile areas. [CLICK]

100 Newest Listings – these condos and homes have just come to market, and sometimes you will find that your best deal can be made on a new property listing. [CLICK]

My Private Collection – in addition to the many properties listed and marketed by Zilbert’s team of high-profile agents, I generally hold a small handful of properties that I market exclusively.

[CLICK]

As always, my team and I are available 7 days a week, and brokers are always welcomed at any Zilbert property listing.

 

∞•∞•

 

Links to the Zilbert Lists

 

100 Newest Property Listings:

http://www.zilbert.com/100_newest_listings.asp

 

100 Most Recent Closed Sales:

http://www.zilbert.com/100_most_recent_sales.asp

 

100 Most Recent Contracts:

http://www.zilbert.com/100_most_recent_contracts.asp

 

100 Most Expensive Listings:

http://www.zilbert.com/100_most_expensive_condos.asp

 

100 Most Expensive Sales:

http://www.zilbert.com/100_most_expensive_sales.asp

 

∞•∞•

 

Build Out That New Condo!

Steven G

Those of you who have spent time in any of Miami’s luxury condos will know the name of legendary designer Steven G. Steven’s company has built-out some of the most amazing condos from the Continuum in South Beach, to the St Regis in Bal Harbour, to many, many more. The company’s 40 year history speaks for itself.

Well, Zilbert has teamed up with the brilliant design team at Steven G to introduce Zilbert at Home by Steven G. With this alliance, we put our clients in touch with a design team that will do everything from help investors finish a preconstruction condo (for about $50K) to help a condo or homeowner gut and rebuild an older condo, with the greatest furnishings. It a very easy way to take a nice condo, and make it magnificent. Pricing is surprisingly-reasonable, often much less than you may imagine. Steven G’s team speak about 12 different languages, and are available 7 days a week to help you. Just like Zilbert!

Steven G 2

The packages that we have put together include:

    • The Preconstruction Package – for investors to finish and resell their investment properties
    • The Landlord Package – for landlords and investors to finish and furnish rental properties
    • The Luxury Build Out Package – for new luxury preconstruction condos, a complete build out and furnishing package for owner-occupants
    • The Luxury Renovation Package – take your great home or condo, and re-think it partially or completely, making it something worthy of showing your friends!

There are many different ways for Steven G to work with you, and you can read more about these programs by CLICKING HERE or visiting Zilbert.com

 

∞•∞•

 

MURANO GRANDE APT 2101 For Sale

MURANO GRANDE APT 2101 For Sale. The apartment’s 3990sf of interior space and almost 700sf of terraces makes it one of the largest apartments of its kind in the area. Everything about this apartment is special, from its private elevator arrival foyer to the 270-degree view to the east, north and south. The finishes are superb, and truly well-designed.

ADDRESS: 400 Alton Road Apt 2101, Miami Beach, FL 33139

PRICE: $6,250,000

BEDS/BATHS: 4/4

INTERIOR SPACE: 3990sf (370.7m2)

You can see more photos, and learn about this apartment on my website (http://www.zilbert.com/property.asp?R=A2021794)

JUST SOLD - 405 E San Marino Drive

JUST SOLD – 405 E San Marino Drive, Venetian Islands in Miami Beach – An extraordinary waterfront home on Miami Beach’s Venetian Islands (San Marino Island). A fully-renovated and modernized home with great living, media and entertaining spaces, a massive master suite, pool, dock with boat lift plus many more amenities. Every design detail was made with great taste and style. Extra touches include a full security system, and whole-home electrical generator that provides electricity when local power is down. These great homes are hard to find, and you will love this one. [MORE]

 

∞•∞•

 

instagram-icon

DO YOU INSTAGRAM?  I’ve recently started becoming active in Instagram, both for real estate, as well as for some fun daily photos.  It’s a great social media tool for a quick visual peek at really cool things.  If you are on instagram, please follow me as @markzilbert, or simply visit my page here:  http://instagram.com/markzilbert

 

∞•∞•

 

Mark Zilbert 

President and CEO 

Licensed Real Estate Broker

zrg_transparent_white

Zilbert International Realty

office  +1 305 726 0100

mobile  +1 786 280 0201

fax  +1 786 206 3854

e-mail  mark.zilbert@zilbert.com

website  http://www.zilbert.com

BBM secure pin 79aca5bf

Zilbert International Realty

1129 Fifth Street

Miami Beach, FL 33139

 

NOW OPEN:

Zilbert Realty Store at The Continuum

40 S Pointe Drive, Suite 110

Miami Beach, FL 33139

Tel:  (305) 695-1111

The Massive Paramount Miami Worldcenter Condo

I am very excited today. Paramount Miami Worldcenter was finally announced, and I have the opportunity to share it with you first. If you have been waiting for an amazing condo to purchase in Downtown Miami, this is it.

Imagine if someone took South Beach’s Lincoln Road Mall as an inspiration, and then created a 750,000 sf retail and entertainment complex in the heart of Downtown Miami, just two blocks from the American Airlines Arena? Well, that’s what we’ve got, and Paramount Miami Worldcenter will be a 55-story, 470 unit luxury condo tower at the center of it all. It’s directly connected to the retail complex, which will be anchored by Bloomingdale’s and Macys. Just browse the photos below and on Zilbert.com to get a clearer picture of how wonderful this will be.

Apartments start at $690,000 for a 1 bedroom, and rise over $1,400,000 for 3 bedrooms. A 10% deposit holds a reservation for you now, and then you can call yourself one of the first owners of a stunning new condo at Paramount Miami Worldcenter. If the Paramount name seems familiar, it’s because these are the same folks who brought us Paramount Bay, one of our greatest condo success stories in recent years.

Visit Paramount Miami Worldcenter on Zilbert.com by clicking here.

Paramount Miami Worldcenter1

Paramount Miami Worldcenter2

Paramount Miami Worldcenter3

Paramount Miami Worldcenter4

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∞•∞•

Build Out That New Condo!

Steven G

 

Those of you who have spent time in any of Miami’s luxury condos will know the name of legendary designer Steven G. Steven’s company has built-out some of the most amazing condos from the Continuum in South Beach, to the St Regis in Bal Harbour, to many, many more. The company’s 40 year history speaks for itself.

Well, Zilbert has teamed up with the brilliant design team at Steven G to introduce Zilbert at Home by Steven G. With this alliance, we put our clients in touch with a design team that will do everything from help investors finish a preconstruction condo (for about $50K) to help a condo or homeowner gut and rebuild an older condo, with the greatest furnishings. It a very easy way to take a nice condo, and make it magnificent. Pricing is surprisingly-reasonable, often much less than you may imagine. Steven G’s team speak about 12 different languages, and are available 7 days a week to help you. Just like Zilbert!

Steven G 2

 

The packages that we have put together include:

    • The Preconstruction Package – for investors to finish and resell their investment properties
    • The Landlord Package – for landlords and investors to finish and furnish rental properties
    • The Luxury Build Out Package – for new luxury preconstruction condos, a complete build out and furnishing package for owner-occupants
    • The Luxury Renovation Package – take your great home or condo, and re-think it partially or completely, making it something worthy of showing your friends!

There are many different ways for Steven G to work with you, and you can read more about these programs by CLICKING HERE or visiting Zilbert.com

∞•∞•

instagram-icon

DO YOU INSTAGRAM?  I’ve recently started becoming active in Instagram, both for real estate, as well as for some fun daily photos.  It’s a great social media tool for a quick visual peek at really cool things.  If you are on instagram, please follow me as @markzilbert, or simply visit my page here:  http://instagram.com/markzilbert

∞•∞•

So, what’s for sale around Miami and the beaches? Well, that’s where my team and I come in. We are here to help buyers find the best properties in Miami, and we have a lot of insight to share.

Here are some places where you can start looking around:

The Zilbert Collection – these condos and homes are part of the exclusive collection of listings marketed by Zilbert, and in many cases represent the best value in luxury real estate. [CLICK]

Miami Preconstruction – these condos are the latest, newest properties being built in Downtown Miami, Miami Beach, Edgewater Miami and other high profile areas. [CLICK]

100 Newest Listings – these condos and homes have just come to market, and sometimes you will find that your best deal can be made on a new property listing. [CLICK]

My Private Collection – in addition to the many properties listed and marketed by Zilbert’s team of high-profile agents, I generally hold a small handful of properties that I market exclusively.

[CLICK]

As always, my team and I are available 7 days a week, and brokers are always welcomed at any Zilbert property listing.

∞•∞•

MURANO GRANDE APT 2101 For Sale

MURANO GRANDE APT 2101 For Sale. The apartment’s 3990sf of interior space and almost 700sf of terraces makes it one of the largest apartments of its kind in the area. Everything about this apartment is special, from its private elevator arrival foyer to the 270-degree view to the east, north and south. The finishes are superb, and truly well-designed.

ADDRESS: 400 Alton Road Apt 2101, Miami Beach, FL 33139

PRICE: $6,250,000

BEDS/BATHS: 4/4

INTERIOR SPACE: 3990sf (370.7m2)

You can see more photos, and learn about this apartment on my website (http://www.zilbert.com/property.asp?R=A2021794)

 

JUST SOLD - 405 E San Marino Drive

 

JUST SOLD – 405 E San Marino Drive, Venetian Islands in Miami Beach – An extraordinary waterfront home on Miami Beach’s Venetian Islands (San Marino Island). A fully-renovated and modernized home with great living, media and entertaining spaces, a massive master suite, pool, dock with boat lift plus many more amenities. Every design detail was made with great taste and style. Extra touches include a full security system, and whole-home electrical generator that provides electricity when local power is down. These great homes are hard to find, and you will love this one. [MORE]

 

∞•∞•

 

 

Links to the Zilbert Lists

 

100 Newest Property Listings:

http://www.zilbert.com/100_newest_listings.asp

 

100 Most Recent Closed Sales:

http://www.zilbert.com/100_most_recent_sales.asp

 

100 Most Recent Contracts:

http://www.zilbert.com/100_most_recent_contracts.asp

 

100 Most Expensive Listings:

http://www.zilbert.com/100_most_expensive_condos.asp

 

100 Most Expensive Sales:

http://www.zilbert.com/100_most_expensive_sales.asp

 

Mark Zilbert 

President and CEO 

Licensed Real Estate Broker

zrg_transparent_white

 

Zilbert International Realty

office  +1 305 726 0100

mobile  +1 786 280 0201

fax  +1 786 206 3854

e-mail  mark.zilbert@zilbert.com

website  http://www.zilbert.com

BBM secure pin 79aca5bf

 

Zilbert International Realty

1129 Fifth Street

Miami Beach, FL 33139

 

NOW OPEN:

Zilbert Realty Store at The Continuum

40 S Pointe Drive, Suite 110

Miami Beach, FL 33139

Tel:  (305) 695-1111

Black Friday Home Sales

shutterstock_18671014

As we prepare to enter the holiday shopping season, home sellers may think it is too late to sell their home this year. You may have heard that homes sell better in the spring, so you might be tempted to take your home off the market until after the New Year. After all, you have shopping to complete, baking to do, decorating to finish and myriad programs and activities vying for your time.

However, a survey of real estate agents shows that while Thanksgiving Day typically is set aside for families, Black Friday and the remainder of the weekend are days when serious buyers have more time to look for a home. In fact, sixty-eight percent of agents surveyed agreed that the buyers out looking on Black Friday are serious about buying a home.

Motivated Sellers

During the holidays, serious sellers can offer extra bonus items to entice buyers: a new washer and dryer or big-screen TV. Motivated sellers could offer holiday discounts, or offer to cover some of the buyer’s fees. Committed sellers may consider dropping their asking price, thereby lowering the effective tax rate on the home—a terrific value to homebuyers.

Sellers can take advantage of Black Friday sales to upgrade appliances and fixtures to improve their home’s appeal. Tasteful holiday decorations add curb appeal, too! Seasonal accents and colorful baskets of mums or pumpkins add a burst of interest to porches and walkways. Brightly painted doors graced with wreaths add a welcoming touch, and new door hardware and carriage lamps add that extra boost of pleasant hospitality to your home’s exterior.

Remember the little touches. Adding a little pumpkin spice or the smell of fresh baked cookies to your home gives buyers the sense of celebration and warmth. They can imagine celebrating the holiday there next year with their own family.

If you are a motivated seller, talk to your agent about ways to make your home more exciting or enticing to holiday buyers, and how to increase your curb appeal.

Bargaining Power

More than forty percent of agents responding to a survey believe that sellers perceive Black Friday homebuyers to be serious, and would likely entertain or accept offers during this time. Buyers with preapproved mortgages have increased bargaining power, especially when sellers want to close the sale by the end of the year.

If you are in the market for a home, talk to your agent about shopping on Black Friday or the remainder of the holiday weekend. Both you agent and motivated home sellers will know that you are serious and will make time for you. If you have picked out the home you want, consider making your offer during the holiday weekend instead of waiting. In the spirit of the holiday, some sellers may be more inclined to accept your offer, or add other values or incentives to the home … so tell your agent what you want, and what would seal the deal for you.

Compliments of Virtual Results

Zilbert’s Real Estate News – New Oceanfront Condo and Our Steven G Programs

Zilbert Logo
 

I am pleased to introduce you today to two great opportunities, each of which has our Zilbert team very excited.  There’s a great energy in Miami right now, as we start to prepare for our famous Art Basel festival next month.  And with that energy comes a lot of people who continue to invest in Miami real estate, either as personal use properties or as investments.  Either way, I talk to many different people each week, and it seems like this winter season will be another great success in Miami.  The market is solid, buyer interest in real estate is high and the weather has been very accommodating these past few weeks.  This adds up to great times in South Florida.

∞•∞•

Turnberry Ocean Club

Sunny Isles Beach – Now taking reservations

Turnberry Ocean Club

Have you ever seen a more-stunning 30th floor, three-level amenities facility like this? Well, this is the 30th floor of the soon-to-be-built Turnberry Ocean Club. Now, this is the kind of condo tower that you should pay attention to! It’s a 54-story tower, with only four units on each floor. Each unit is a flow-through with stunning floorplans. And, if you feel like cooking outside, each apartment has a summer kitchen/barbeque over the ocean. Could life get any better?

Reservations have just started, and we would like to help you learn more about this amazing luxury tower. Our Zilbert team will help you explore this magnificent new project, and get you first-day pricing.

To learn more CLICK HERE or Visit Zilbert.com

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Build Out That New Condo!

Steven G

 

Those of you who have spent time in any of Miami’s luxury condos will know the name of legendary designer Steven G. Steven’s company has built-out some of the most amazing condos from the Continuum in South Beach, to the St Regis in Bal Harbour, to many, many more. The company’s 40 year history speaks for itself.

Well, Zilbert has teamed up with the brilliant design team at Steven G to introduce Zilbert at Home by Steven G. With this alliance, we put our clients in touch with a design team that will do everything from help investors finish a preconstruction condo (for about $50K) to help a condo or homeowner gut and rebuild an older condo, with the greatest furnishings. It a very easy way to take a nice condo, and make it magnificent. Pricing is surprisingly-reasonable, often much less than you may imagine. Steven G’s team speak about 12 different languages, and are available 7 days a week to help you. Just like Zilbert!

Steven G 2

 

The packages that we have put together include:

    • The Preconstruction Package – for investors to finish and resell their investment properties
    • The Landlord Package – for landlords and investors to finish and furnish rental properties
    • The Luxury Build Out Package – for new luxury preconstruction condos, a complete build out and furnishing package for owner-occupants
    • The Luxury Renovation Package – take your great home or condo, and re-think it partially or completely, making it something worthy of showing your friends!

There are many different ways for Steven G to work with you, and you can read more about these programs by CLICKING HERE or visiting Zilbert.com

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instagram-icon

DO YOU INSTAGRAM?  I’ve recently started becoming active in Instagram, both for real estate, as well as for some fun daily photos.  It’s a great social media tool for a quick visual peek at really cool things.  If you are on instagram, please follow me as @markzilbert, or simply visit my page here:  http://instagram.com/markzilbert

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So, what’s for sale around Miami and the beaches? Well, that’s where my team and I come in. We are here to help buyers find the best properties in Miami, and we have a lot of insight to share.

Here are some places where you can start looking around:

The Zilbert Collection – these condos and homes are part of the exclusive collection of listings marketed by Zilbert, and in many cases represent the best value in luxury real estate. [CLICK]

Miami Preconstruction – these condos are the latest, newest properties being built in Downtown Miami, Miami Beach, Edgewater Miami and other high profile areas. [CLICK]

100 Newest Listings – these condos and homes have just come to market, and sometimes you will find that your best deal can be made on a new property listing. [CLICK]

My Private Collection – in addition to the many properties listed and marketed by Zilbert’s team of high-profile agents, I generally hold a small handful of properties that I market exclusively.

[CLICK]

As always, my team and I are available 7 days a week, and brokers are always welcomed at any Zilbert property listing.

∞•∞•

MURANO GRANDE APT 2101 For Sale

MURANO GRANDE APT 2101 For Sale. The apartment’s 3990sf of interior space and almost 700sf of terraces makes it one of the largest apartments of its kind in the area. Everything about this apartment is special, from its private elevator arrival foyer to the 270-degree view to the east, north and south. The finishes are superb, and truly well-designed.

ADDRESS: 400 Alton Road Apt 2101, Miami Beach, FL 33139

PRICE: $6,250,000

BEDS/BATHS: 4/4

INTERIOR SPACE: 3990sf (370.7m2)

You can see more photos, and learn about this apartment on my website (http://www.zilbert.com/property.asp?R=A2021794)

 

JUST SOLD - 405 E San Marino Drive

 

JUST SOLD – 405 E San Marino Drive, Venetian Islands in Miami Beach – An extraordinary waterfront home on Miami Beach’s Venetian Islands (San Marino Island). A fully-renovated and modernized home with great living, media and entertaining spaces, a massive master suite, pool, dock with boat lift plus many more amenities. Every design detail was made with great taste and style. Extra touches include a full security system, and whole-home electrical generator that provides electricity when local power is down. These great homes are hard to find, and you will love this one. [MORE]

 

∞•∞•

 

 

Links to the Zilbert Lists

 

100 Newest Property Listings:

http://www.zilbert.com/100_newest_listings.asp

 

100 Most Recent Closed Sales:

http://www.zilbert.com/100_most_recent_sales.asp

 

100 Most Recent Contracts:

http://www.zilbert.com/100_most_recent_contracts.asp

 

100 Most Expensive Listings:

http://www.zilbert.com/100_most_expensive_condos.asp

 

100 Most Expensive Sales:

http://www.zilbert.com/100_most_expensive_sales.asp

 

Mark Zilbert 

President and CEO 

Licensed Real Estate Broker

zrg_transparent_white

 

Zilbert International Realty

office  +1 305 726 0100

mobile  +1 786 280 0201

fax  +1 786 206 3854

e-mail  mark.zilbert@zilbert.com

website  http://www.zilbert.com

BBM secure pin 79aca5bf

 

Zilbert International Realty

1129 Fifth Street

Miami Beach, FL 33139

 

NOW OPEN:

Zilbert Realty Store at The Continuum

40 S Pointe Drive, Suite 110

Miami Beach, FL 33139

Tel:  (305) 695-1111

Elections Affect Homeowners

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One of the very first discussions the Founding Fathers had was about how to balance the rights of all individuals with the rights of those who owned property. They knew that if only property owners could vote, the rights of individuals and minorities might be suppressed … but, if voting extended to non-property owners, the rights of property owners could be unfairly overruled. In the end, they left the question of voter rights to the individual states. Now, nearly 240 year later, with suffrage extended to all citizens, with or without property, the question remains:

“Do elections affect property owners differently than non-property owners?”

Levies

Nearly every municipality imposes property taxes on homeowners for, well, owning homes (and other property). The tax authority typically bases these taxes, or mill levies, as a percentage of the assessed value of the property owned. Proceeds from levies on property fund local services including:

  • Law enforcement
  • Roads, bridges, street lights, and other infrastructure
  • Public schools
  • Emergency services
  • Debris and snow removal

Each locality and school district sets the property tax rates each year to meet the needs of that community. This means that tax rates vary widely from one municipality to another, and even between neighborhoods. They can increase each year, or may even decrease. For homeowners, voting for or against a levy affects property owners in two ways:

  1. The actual tax increase affects a property owner’s bottom line. Yearly property tax increases might push the cost of owning a home higher than the owners plan, or higher than their income can bear. Putting stress on property owners’ financial situation may make it more difficult for them to maintain their property. Homes in distress can bring down the value of an entire neighborhood.
  2. When homeowners vote to increase levies—such as those that provide local services, upgraded roads, improved schools or increased emergency personnel—they are voting to increase the value of their homes and communities, making them more attractive to buyers.

Voting for or against levies is a delicate balance between increasing an owner’s outgo with increasing the property’s value and the community’s desirability. Researching the fiscal impact of the levy you intend to vote on is an important first step in determining how it may affect your bottom line.

Sales Taxes

Taxes based on the sale of goods typically spread the burden of the tax across both property owners and non-property owners. Sometimes, however, a sales tax increase is for a specific neighborhood or commercial area. If you own property in an area with a higher sales tax rate than one nearby, it can determine how easily you keep your space leased to shop owners since customers may choose to shop elsewhere.

If you are new to home ownership, increases in sales taxes make purchasing furnishings and appliances more expensive. If you are considering upgrades and improvements, renovations or additions, a tax increase may expand your scope costs.

Other Taxes

Taxes specifically affecting homeowners include those like the one embedded in the Affordable Care Act. It taxes the capital gains income of upper-bracket homeowners that sell their home at a sizable profit and even taxes rental income from investment property.

Candidates

Decisions by both national and local elected officials—from state senators to congressional representatives, governors to county commissioners, city council members to school board members—impact the future levies imposed on local property. Knowing your candidates and how they hope to legislate their agenda can affect both your bottom line and your property values.

Not only are elections about national and state officials, international and social concerns or party platforms—they are about local schools, streetlamps, parks and 911 services.

Voting

Do not leave decisions that affect property ownership to others. Take the time to vote in your local and national elections. Balance how a levy can affect your immediate bottom line with the impact it might have on the sale of your property in five years.

Compliments of Virtual Results

WalkScore Offers New Program to Assist in Assessing Crime Risks

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WalkScore.com has long been a trusted resource for homebuyers who are looking for a home with a high walkability factor. Now, in addition to providing homebuyers with a walkability score of various neighborhoods, the company has expanded its options to give a Crime Grade to areas throughout the country.

With the new Crime Grade feature, interested buyers can quickly and easily assess a grade of A through D for the area where a home or apartment is located. While there are other programs available to provide crime statistics for various areas, the Crime Grade is calculated in a slightly different manner. According to its developers, the method used to calculate the Crime Grade provides interested buyers with a more accurate assessment of the personal risk they are taking when purchasing or renting a home in the area.

When calculating its Crime Grades, the WalkScore program considers the per capital risk of being affected by a crime within a specific area. Programs that fail to consider the per capita when calculating crime risks may make an area that is densely populated appear to be more crime ridden than it actually is. This is because the area is only assessed according to the raw number of crime that occur in the area. In a downtown area with a large number of people passing through it every day, these figures may make it appear as if the crime rate is far worse than it actually is.

The WalkScore Crime Grade is calculated by collecting crime information near to a particular address while also considering the total population. The total population includes both residents and people who are employed in the area, thereby creating a per capita crime rate. The Crime Grade also weighs various crimes according to their severity as well as how far away they took place from the address being assessed. The crime rates are then compared to other figures from within the city. This information is used to assign a grade letter to the queried area.

To better assist users with understanding the actual crime risk for a particular area, the program also assigns different categories for crime based on whether the crime was personal or a violent crime against a person or property. A personal crime would include a robbery, while a violent crime against a person or property includes burglary or property theft.

Currently, the Crime Grade system is in Beta and is available in just 16 cities. These include Atlanta, Austin, Baltimore, Chicago, Denver, Houston, Los Angeles, Louisville-Jefferson, Oakland, Philadelphia, Portland, Raleigh, Sacramento, San Francisco, Seattle and Washington, D.C. The patent-pending program is able to measure crime risks for both homes and apartments.

While the Crime Grade program is a good tool for homebuyers to use, it is important to note that it should be only one of several tools that are used to determine the safety of a particular neighborhood. It is also important to research the neighborhood, to talk to the real estate agent and to meet with other people in the neighborhood to find out the pros and cons of living there. Before purchasing a home, interested buyers should also visit the area at various times of the day and night in order to get a better feel of what the neighborhood is really like.

Zilbert’s Lists – What’s For Sale in Miami

 

I am constantly studying the real estate market in and around Miami, and I publish daily lists of what’s for sale, what’s sold and other relevant information. If you’re curious as to what the latest and greatest new listings or sales are, just have a peek at my lists below. We display the data in real time, and are always happy to answer any questions.

So, what’s for sale around Miami and the beaches? Well, that’s where my team and I come in. We are here to help buyers find the best properties in Miami, and we have a lot of insight to share. Here are some places where you can start looking around:

The Zilbert Collection – these condos and homes are part of the exclusive collection of listings marketed by Zilbert, and in many cases represent the best value in luxury real estate. [CLICK]

Miami Preconstruction – these condos are the latest, newest properties being built in Downtown Miami, Miami Beach, Edgewater Miami and other high profile areas. [CLICK]

100 Newest Listings – these condos and homes have just come to market, and sometimes you will find that your best deal can be made on a new property listing. [CLICK]

My Private Collection – in addition to the many properties listed and marketed by Zilbert’s team of high-profile agents, I generally hold a small handful of properties that I market exclusively. [CLICK]

As always, my team and I are available 7 days a week, and brokers are always welcomed at any Zilbert property listing.

405 E San Marino Drive

FEATURED HOME – 405 E San Marino Drive, Venetian Islands in Miami Beach – An extraordinary waterfront home on Miami Beach’s Venetian Islands (San Marino Island). A fully-renovated and modernized home with great living, media and entertaining spaces, a massive master suite, pool, dock with boat lift plus many more amenities. Every design detail was made with great taste and style. Extra touches include a full security system, and whole-home electrical generator that provides electricity when local power is down. These great homes are hard to find, and you will love this one. [MORE]

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Links to the Zilbert Lists

 

100 Newest Property Listings:

http://www.zilbert.com/100_newest_listings.asp

 

100 Most Recent Closed Sales:

http://www.zilbert.com/100_most_recent_sales.asp

 

100 Most Recent Contracts:

http://www.zilbert.com/100_most_recent_contracts.asp

 

100 Most Expensive Listings:

http://www.zilbert.com/100_most_expensive_condos.asp

 

100 Most Expensive Sales:

http://www.zilbert.com/100_most_expensive_sales.asp

 

Mark Zilbert 

President and CEO 

Licensed Real Estate Broker

zrg_transparent_white

 

Zilbert International Realty

office  +1 305 726 0100

mobile  +1 786 280 0201

fax  +1 786 206 3854

e-mail  mark.zilbert@zilbert.com

website  http://www.zilbert.com

BBM secure pin 79aca5bf

 

Zilbert International Realty

1129 Fifth Street

Miami Beach, FL 33139

 

NOW OPEN:

Zilbert Realty Store at The Continuum

40 S Pointe Drive, Suite 110

Miami Beach, FL 33139

Tel:  (305) 695-1111

Zilbert’s Quick Miami Real Estate News Update Oct 23

 

Here are some interesting recent news items about Miami real estate. I always keep my eyes open for articles that are meaningful for our real estate market, and I am happy to share them with you. As always, my team and I are available to you 7 days a week, and we are always happy to help you with not only real estate, but anything about Miami. Further down, you will also see the magnificent collection of condos we are selling at The Setai, followed by links to other real estate items found on Zilbert.com. We update our data continuously, so you can always be sure to see up-to-date information on our site.

  • Miami’s Surge of Buyers from China – We’ve been waiting for it, and we believe that buyers from China are starting their buying spree in Miami. That’s why Zilbert, and some other firms, have been hiring Mandarin-speaking agents. Read more about this in the REAL DEAL. [CLICK HERE]
  • The Ritz-Carlton Bal Harbour Opens Next Week – For those of you familiar with One Bal Harbour, one of our most-successful condo residences in Bal Harbour, you will remember that the hotel portion of the condo originally opened as the Regent Bal Harbour. Well, after an ownership change, and some time, the hotel at One Bal Harbour officially reopens next week as the Ritz-Carlton Bal Harbour. And, you can buy units there as hotel-condos. [CLICK HERE]
  • Qatar and other Airlines Increasing Flights to Miami – Part of what makes Miami attractive for buyers from around the world is the ease of getting here. Well, ever since Qatar started flights from Miami to Doha, travel to and from the Middle East, India and China have been drastically improved. Air France is adding the A380 aircraft to the Miami run, Lufthanhsa is starting Munich service, and Swiss adds more flights. Miami suddenly just got more-accessible! [CLICK HERE]
  • We’re Redesigning our Continuum Sales Office – As we previously-announced, Zilbert has opened its newest office recently, located at The Continuum. We are now starting an extensive remodeling of the retail space, creating the newest Zilbert Realty Store. We have teamed up with the famous design team at Interiors by Steven G, and are creating a real estate office unlike any other. Steven G is helping us to re-imagine what a real estate office looks and feels like, and it’s going to be something that our customers will truly enjoy. Stay tuned for more details and progress reports.

Zilbert’s Exclusive Collection at The Setai in South Beach

 

THE SETAI APT 1907

THE SETAI APT 1907 – $6,000,000 – Could the Atlantic Ocean and its Beach get any closer than this? This North-East Oceanfront corner residence type “07” is the most sought-after line at Setai, offering Spectacular direct beach views from every room. Never rented and kept immaculate, this totally custom re-designed 2 Bed/ 2 Bths, 1279 sq ft has floor to ceiling windows and perfectly livable all-day round expansive wrap-around terrace . The Setai 5-star amenities offer 3 newly-renovated infinity pools, beach & poolside services, & spa.  Listed by Giorgio Vecchi.  [CLICK HERE]

 

THE SETAI APT 2801

THE SETAI APT 2801 – $5,250,000 – Super-Chic 2 bed/2 bath residence w/ largest Ocean terrace at famous Setai. Sitting on the most tranquil NW corner of the building, This rarely available high-floor corner line “01” offers amazing endless views of the Atlantic Ocean & breathless sunset views over the Bay of Biscayne & the Miami City Skyline. Impeccably decorated by Italian Designer this elegant residence has dark oak-wood floors, Lutron lighting system, wine cellar & floor to ceiling windows throughout.  Listed by Giorgio Vecchi.  [CLICK HERE]

 

THE SETAI APT 2106

THE SETAI APT 2106 – $5,000,000 – Find your Zen at the Setai South Beach. Unit 2106 boasts incredible ocean and city views, gorgeous wood floors, granite countertops, Italian cabinetry, SS appliances, soak tub, his and hers sinks. Immaculate unit is fully furnished. Amenities include pool and beach services, spa, gym, valet, concierge, restaurant, room service and security. On the beach.  Listed by Jeff Miller.  [CLICK HERE]

 

THE SETAI APT 2503

THE SETAI APT 2503 – $2,490,000 – Rarely available line “03” at the Setai Residences. Fantastic unobstructed views to the Ocean and the Intracoastal from the very moment you step into this exquisitely residence that was totally re-decorated less than a year ago. Its spacious terrace is perfect to relax overlooking the Beach or for cocktails at sunset. Owners do not rent this immaculate property which only gets used a few weeks per year.  Listed by Giorgio Vecchi.  [CLICK HERE]

 

What’s for sale around Miami and the beaches?  Well, that’s where my team and I come in.  We are here to help buyers find the best properties in Miami, and we have a lot of insight to share.  Here are some places where you can start looking around:

The Zilbert Collection – these condos and homes are part of the exclusive collection of listings marketed by Zilbert, and in many cases represent the best value in luxury real estate. [CLICK]

Miami Preconstruction – these condos are the latest, newest properties being built in Downtown Miami, Miami Beach, Edgewater Miami and other high profile areas. [CLICK]

100 Newest Listings – these condos and homes have just come to market, and sometimes you will find that your best deal can be made on a new property listing. [CLICK]

My Private Collection – in addition to the many properties listed and marketed by Zilbert’s team of high-profile agents, I generally hold a small handful of properties that I market exclusively. [CLICK]

As always, my team and I are available 7 days a week, and brokers are always welcomed at any Zilbert property listing.  You may drop by our Continuum sales office at 40 S Pointe Drive any day of the week between 10am and 6pm, or our main office at 5th and Alton during weekdays.

Zilbert Condos

Links to the Zilbert Lists

 

100 Newest Property Listings:

http://www.zilbert.com/100_newest_listings.asp

 

100 Most Recent Closed Sales:

http://www.zilbert.com/100_most_recent_sales.asp

 

100 Most Recent Contracts:

http://www.zilbert.com/100_most_recent_contracts.asp

 

100 Most Expensive Listings:

http://www.zilbert.com/100_most_expensive_condos.asp

 

100 Most Expensive Sales:

http://www.zilbert.com/100_most_expensive_sales.asp

 

Mark Zilbert 

President and CEO 

Licensed Real Estate Broker

zrg_transparent_white

 

Zilbert International Realty

office  +1 305 726 0100

mobile  +1 786 280 0201

fax  +1 786 206 3854

e-mail  mark.zilbert@zilbert.com

website  http://www.zilbert.com

BBM secure pin 79aca5bf

 

Zilbert International Realty

1129 Fifth Street

Miami Beach, FL 33139

 

NOW OPEN:

Zilbert Realty Store at The Continuum

40 S Pointe Drive, Suite 110

Miami Beach, FL 33139

Tel:  (305) 695-1111