Topics we cover in this episode:

Trump Towers 3 in Sunny Isles Beach is now available for sale
1800 Club announces a developer blow-out sale of their last 30 remaining condos
Media towers pass final vote
The developer of Artecity, a South Beach condo development, filed for Chapter 11 bankruptcy protection

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This news came across my desk yesterday afternoon and I was quite surprised.  I verified the information on the U.S. Department of Housing and Urban Development (HUD) website.  It appears that Neo Vertika received its FHA approval on February 2, 2010 and 1800 Club received theirs on March 18, 2010.  Down payment requirements for qualified [...]

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Below, you will find what I believe to be the five best condo deals of the 40  distressed sales that closed in February 2010 in the MLS located in Brickell, Brickell Key, Downtown Miami and the Arts District.

Two Midtown #H1002 – 1 bedroom/1.5 bath (735 square feet) – This unit sold for [...]

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The best condo deal that closed in the month of September actually wasn’t a short sale or foreclosure.  Unit 3715 at 1800 Club was a developer unit that sold for $700,000, or $170 per square foot, on September 3, 2009.  The 4 bedroom/4.5 bath penthouse condo has 4,120 square feet of interior and a 2,327 [...]

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Short term rentals welcome! This furnished, turnkey 2 bedroom/2 bath rental at 1800 Club has bamboo floors throughout, stainless steel appliances, a washer/dryer and spectacular views of Biscayne Bay and the Miami Beach skyline.  The condo has 1,142 square feet of interior space and a 90 square foot balcony. This rental includes: a dining room [...]

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