5/20/12 BP Newsletter: Pacing Your Investments, Increasing Profits, & Speeding Up New Deal Screenings
Hide thisSaturday, April 28

Sunny Isles Beach House For Sale in Golden Shores Miami
Watch the Official Golden Shores Sunny Isles Miami Beach Video
North Bay Road Mansion For Sale in Sunny Isles Beach
One of the most spectacular estates in Sunny Isles Miami Beach with your own backyard pool. You will not believe your eyes, when you walk into this grand mansion, where you will find everything in immaculate condition. This spectacular residence is in walking distance to the beach, has 6 bedrooms, 7 baths + a library, a pool, fireplace, Jerusalem marble and Brazilian Cherry wood flooring and a two-car garage with a huge half-moon driveway. Looking for a grand estate in North Miami Beach - look no further, this is it!
Address: 19141 N Bay Road, Sunny Isles Beach
Type: Residential
Style: Mediterranean-style Architecture
Development Level: Built
Bedrooms: 6 "Extra Large Master"
Bathrooms: 7 "Large Master Bath"
Garage: Double "Large Halfmoon Driveway"
Size: 6,008 sq. ft.
Lot Type: Rectangular
Has Suite: Yes
Year Built: 2007 "Immaculate Condition Inside and Out"
MLS®: A1627802
More information: Brosda and Bentley Miami Realtors reachable @ (786) 406-1757
Sunday, April 22


Acqualina Mansions Miami Beach
Click here to view the Mansions At AcqualinaVideo
Live the world’s finest lifestyle in the world’s finest residence.
The elite barrier reef island known as Sunny Isles Beach at the most northern tip of North Miami Beach will be home to the discerning and most luxurious condo development in the world - the Mansions At Acqualina.
At Mansions at Acqualina your home delivers inspiration, comfort and empowerment. Entering Mansions at Acqualina will give its owners a distinct sense of pride. The mesmerizing ocean views are on display in the vast expanse of windows, rooms are oversized and impressive. And the meticulous planning that has gone into the floor plan has made this a home, not just another luxury condominium. Whether you are hosting a formal event in your grand salon, a more casual get-together in the family room or cocktails on the terrace enjoying your summer kitchen and waterfall spa, your Mansion-in-the-Sky provides endless delights for you and your family.
Only 79 sky-mansions will be available for acquisition in the 643 feet soaring oceanfront condo tower of which over 50% of the stock was sold to an international crème de la crème of Acqualina aficionados prior to the sales center even opening in March 2012.
For more information on how to become a homeowner at Mansions At Acqualina call (786) 406-1757 and speak to a Brosda and Bentley consultant.
Tuesday, July 12
Golden Shores in Sunny Isles Beach is one of the most desirable residential neighborhoods within the enclave of Sunny Isles Beach. Historic single-family homes from the 60s and 70s, but also new waterfront mansions are located it this quiet, tranquil, lush quarter which reminds rather of somewhere closer to Key West, but certainly not the fact that buzzing Collins Avenue is only steps away.
Golden Shores conquers your heart. Once you have lived there you don't want to leave the community. And there are very few spots in Sunny Isles Beach, home of mega luxurious oceanfront skyscrapers, mostly built by Donald Trump and Jorge Pérez, where you can live in a house and don't have to share your pool with dozens of strangers.
Sunny Isles Beach is one of the numbered Miami-Dade and Broward Counties zip codes that has seen appreciation in real estate and sales prices even increased compared to 2010.
Brosda and Bentley Realtors introduces this alluring two-story estate in Golden Shores with sensational outdoor entertainment space, including BBQ grill, outdoor kitchen and pool deck enclosed by a fence and verdant landscaping - simply your own little paradise, within paradise in the heart of Sunny Isles Beach.
Monday, February 28
Brosda and Bentley Realtors’ new Smartphone compatible website is now available in six languages. Brosda and Bentley prospects and clients can easily search over 50,000 listings in English, Spanish, French, German, Portugese and Chinese.
Brosda and Bentley Realtors created its dynamic and valuable mobile Website packed with mobile-friendly features that make it easy for customers to find what they’re looking for when they need it most, helloMiami.mobi is the smart choice to get the latest Miami real estate tips and trends – quickly and easily.helloMiami.mobi is a total solution, delivering a complete mobile real estate website with detailed client views.
Brosda and Bentleys’ mobile website delivers the right information for on-the-go users, including mobile-friendly features to help navigate Miami real estate data. helloMiami.mobi works on all phones, including basic phones and Smartphones.
To learn more and play with the features on a familiar, icon-driven interface, visit www.helloMiami.mobi
Wednesday, September 01
Miami real estate - A conundrum to some, an opportunity not to be missed to others finds Brosda & Bentley Realtors' market research
It is past half-time for 2010 Southeast Florida real estate sales. After a rocky 2009, how did 2010 weather so far, is the million dollar question many are asking. Prices started tumbling since September 2008 - and in certain market segments, housing values are still down significantly, but there is also good news to report as to market research provided by Brosda & Bentley Realtors. Especially for new luxury oceanfront condo developments in Sunny Isles Beach, Miami Beach and downtown Miami in particular, sales are booming and prices in some areas are on the rise.
Jade Beach condo tower, in North Miami Beach was nearly sold out during 2009, despite the dramatic economic downturn in the United States. Jade Beach resales are now strong and closed units are setting new retail sales records. Its sister tower Jade Ocean condos, is an oceanfront, ultra-luxurious glass palace, towering 50 stories above the Atlantic Ocean and reporting more than 60 percent of sold condominium units. The Acqualina Resort & condos, a landmark in Sunny Isles Beach, claim the title of highest retail sales price per square foot in the city. During the summer, two units closed at $784 and $714 per square foot respectively. The elite Turnberry Ocean Colony condos boasts six retail sales, with the highest being at $733 per square foot.
Some of the most expensive Miami penthouses sold thus far in 2010 include the Marquis penthouse in downtown Miami. It sold a few days after LeBron James announced his engagement with the Miami Heat. Entrepreneur Russell Wright closed on the 67-story Marquis luxury residential condo, with reportedly the highest terrace and hot tub in Miami. Dwayne Wade of the Miami Heat sold his house in Davie and is now apparently looking for a trophy property in Miami, as is Chris Bosh of the trio. Russell Wright is quoted as saying that the economic force of the three basketball superstars playing in Miami "Is going to have an impact, I probably already made money on the condo."
In June, the 'Imperial Suite' or Penthouse Villa B sold at the über-luxurious Setai Resort & Residences in Miami Beach for a record breaking $15 million or $2,416 per square foot.
Downtown Miami condo sales were up 110 percent with 1,933 units sold in the first 6 months of 2010. Great downtown Miami condos that sell due to drastic price reductions include Met I, Epic and Icon Brickell, which sold 49 units, including at least one with a $100,000 over-the-odds premium, after LeBron James announced his switch to the Miami Heat. The average sales price of a downtown Miami condo in the first two quarters of 2010 was reportedly $356,100 or about 16 percent higher than in 2009.
In March, April and May of 2010, 135 condos sold in Miami-Dade County priced $1 million and above, nearly double the number compared to the same time period in 2009. At the beginning of the summer, impressive sales at One Bal Harbour for $8.7 million, at the Fontainebleau for $9 million and Santa Maria Brickell for $11 million kept Miami luxury real estate brokers abuzz.
A highly anticipated new oceanfront condo development is the St. Regis Resort and condo residences in Bal Harbour, destined to open in 2011. The three glass towers replaced the famous Sheraton in front of the gated entrance to the renowned Bal Harbour Shops. Over $40 million in sales were reported in the first half of 2010.
Brosda & Bentley Realtors features more than 50,000 residential and commercial Southeast Florida property listings on its website BrosdaandBentley.com. The company provides free usage of the database to registered users. Consumers may also opt to receive automatic updates on new listings, pre-foreclosure and short sale properties. Katerina Brosda, Broker and CEO of the company sold the 10 Museum Park penthouse in downtown Miami with its very own rooftop pool. "Most of our clients during 2009 and 2010 were cash buyers, not investing into Miami real estate per se, but actually pursuing to live in the homes they bought. Yes, these may still be third or fourth trophy properties, this goes especially for condos, but our clients invested heavily in upgrades, eclectic designs, electronic SMART Home features, custom fittings and furniture," Katerina Brosda stated. Brosda & Bentley also provides a one stop, turnkey, white-glove home furnishings and design conceptualization service to its clients.
"Miami Condo sales above the $1 million mark will continue to outpace single-family home sales in the same price category for the rest of 2010 and into 2011. Condominium living is the new lifestyle choice of the wealthy," said Katerina Brosda.
Brosda & Bentley Realtors projects luxury Miami condominium sales to remain strong. The average sales price for residential properties that sold in Miami-Dade County increased by 8.3 percent in July. Inventory levels have dropped 11.4 percent compared to July 2009. Condominium listings have dropped 11 percent and the average days a property stays on the market decreased 10.3 percent for single-family homes and 11.9 percent for condominiums or 100 and 114 days respectively.
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Brosda & Bentley Realtors®
Katerina Brosda
(786) 406-1757
Tuesday, June 01
Sunny Isles Beach Real Estate
Sales of existing homes in Florida rose 27 percent in April, which means that sales activity has increased in the year-to-year comparison for 20 months, according to the latest housing data released by Florida Realtors®. Another positive sign: Last month’s statewide existing-home median price of $140,100 was 1 percent higher than the statewide median price in April 2009.
Existing home sales rose 27 percent last month with a total of 16,781 homes sold statewide compared to 13,244 homes sold in April 2009, according to Florida Realtors. Statewide existing home sales last month increased nearly 3 percent over statewide sales activity in March. Meanwhile, April’s statewide existing-home median price was 2.3 percent higher than March’s statewide existing-home median price of $137,000. It marks the second month in a row that the statewide existing-home median price has increased over the previous month’s median.
“Buyers responding to the federal homebuyer tax credit before it expired helped to boost home sales across Florida,” said 2010 Florida Realtors President Wendell Davis, a broker with Watson Realty Corp. in Jacksonville. “And buying conditions remain favorable, with a variety of housing options available in local markets at attractive and affordable prices. Plus, current mortgage interest rates are at historically low levels, which gives buyers more ‘bang’ for their buck.”
Florida Realtors also reported a 55 percent increase in statewide sales of existing condos in April compared to the previous year’s sales figure; statewide existing condo sales last month rose 2 percent over the total units sold in March. Though April’s statewide existing-condo median price of $103,600 was down 3 percent compared to the year-ago figure, it was 6.9 percent higher than March’s statewide existing-condo median price.
Seventeen of Florida’s metropolitan statistical areas (MSAs) reported increased existing home sales in April while all but one MSA had higher condo sales. A majority of the state’s MSAs have reported increased sales for 22 consecutive months.
Florida’s median sales price for existing homes last month was $140,100; a year ago, it was $138,100 for a 1 percent gain. The median is the midpoint; half the homes sold for more, half for less.
The national median sales price for existing single-family homes in March 2010 was $170,700, up 0.6 percent from a year earlier, according to the National Association of Realtors® (NAR). In California, the statewide median resales price was $301,790 in March; in Massachusetts, it was $280,000; in Maryland, it was $235,785; and in New York, it was $209,900.
According to NAR’s latest outlook, two trends are influencing a broader stabilization of home prices in housing markets across the nation: months of increased sales activity and lower levels of inventory. “Foreclosures have been feeding into the inventory pipeline at a fairly steady pace and are being absorbed manageably,” said NAR Chief Economist Lawrence Yun. “With home values stabilizing, a revival in homebuying confidence will likely help the housing market get back on its feet even as the tax credit impact disappears.”
In Florida’s year-to-year comparison for condos, 7,291 units sold statewide last month compared to 4,703 units in April 2009 for an increase of 55 percent. The statewide existing condo median sales price last month was $103,600; in April 2009 it was $107,200 for a 3 percent decrease. The national median existing condo price was $170,600 in March, according to NAR.
Interest rates for a 30-year fixed-rate mortgage averaged 5.10 percent in April, up from the average rate of 4.81 percent during the same month a year earlier, according to Freddie Mac. Florida Realtors’ sales figures reflect closings, which typically occur 30 to 90 days after sales contracts are written.
Among the state’s smaller markets, the Panama City MSA reported a total of 128 homes sold in April compared to 108 homes a year earlier for a 19 percent increase. The market’s existing home median sales price last month was $160,000; a year earlier it was $156,800 for an increase of 2 percent. A total of 65 condos sold in the MSA in April compared to 53 units sold the same month a year earlier for an increase of 23 percent. The existing condo median price last month was $187,100; a year earlier, it was $172,900 for an 8 percent gain.
###Click here for more information: Miami Real Estate