My Best Miami Beach Real Estate Picks For Art Basel Lovers of Art and

Art Basel Miami Beach is officially starting this week from Thursday until Sunday. It’s an exciting time for Miami Beach. We also find there are a lot of art buyers interested in Miami Beach real estate. This year there will be 267 galleries from 31 countries including North and South America, Asia, Europe, and Africa. Plus, Miley Cyrus will be performing in the Raleigh Hotel. Did I just say Miley Cyrus? I think I did!

Needless to say this means an entire week of parties, events, art and exhibits. But, this is a real estate blog? What about the real estate? For the local real estate market, most art buyers are not here to buy real estate but it will be hard to ignore all of the real estate popping up around the city. Also we find that many of our luxury buyers who are art collectors also tend to be property collectors too.

Every year during Art Basel we receive a lot of inquiries about our local real estate market, what’s going on and what is still a good buy. What is interesting for many international buyers is that the Miami Beach real estate market although on fire, still tends to be priced lower than other similar large cities. Therefore Miami Beach is always interesting for luxury property collectors.

So what is a good buy in today’s Miami Beach Real Estate market?

Miami Beach Real Estate: South of Fifth

The South of Fifth area of Miami Beach (South Beach), is one of the most desirable neighborhoods in Miami Beach. There are lot of great condos in this neighborhood but Murano Grande Miami Beach has recently really caught my attention. Two units in Murano Grande Miami Beach recently sold for under $1700 per square foot, which is great news for the condo owners in the building. There is still a great opportunity in Murano Grande as there are currently units priced under $1500 per square foot with great views and in good condition.

It is just a matter of time before the price of the units in this building catches up with the rest of the comparable properties in South Of Fifth.

So if you are thinking about buying a condo in South of Fifth, the Murano Grande should be on the list.

Next 1 Hotel and Homes still has some of the best deals in Miami Beach.

It is a luxury ocean front building and although a high percentage of the building is sold out the are still a few units left. The building is very impressive from its location, renovation, design, build outs and world class planned amenities. It is in the same neighborhood as The W and The Setai. Great neighbors to have by the way!

The pre-construction prices are some of the best in the city and very soon the penthouses will be released. It’s a great value and if you are interested contact us before the units are completely sold out. (Ask us for details, prices and available lines).

Next a little more north on Collins Avenue, the Caribbean Condo Miami Beach.

This is a great luxury property, more boutique in style than the others, it’s in a great location and is oceanfront.

Built in 1941 and recently renovated, it was completely restored to a luxury standard of living. The Caribbean Condo was designed by architect Kobi Karp, with interiors designed by Christopher Ciccone, the brother of pop star Madonna. At the moment there are only four units for sale in the building. Two of the units have incredible direct ocean views and are priced under $2000 per square foot. A great oceanfront buy!

Next, Miami Beach single family homes.

The Venetian Islands are one of the most desired neighborhoods for single family homes in Miami Beach. The Venetian Islands are made up of islands named: San Marco Island, San Marino Island, Di Lido Island, Rivo Alto Island, Belle Isle and Biscayne Island. I just love the location because the neighborhood feels more private and off the beaten path. However one can still walk to many different activities in the city including restaurants, shopping, Lincoln Road and other major attractions. The area is considered to be home for many locals.

There are some very nice waterfront properties on the market right now under $1500 per square foot.

Miami Beach real estate has something for just about every budget and high season is about to kick in so now is a great time to buy real estate before the developer units are sold out and the pricing resets.

If you are in Miami Beach for Art Basel and are interested in finding out more about our local real estate market give us a call at 305-793-8965 and we will be happy to talk to you more about the best properties, prices and the best deals at the moment.

If you are a real estate collector, you are really going to enjoy our collection of properties in Miami Beach!