The long awaited Paramount Bay is now available for purchase.  I had a chance to tour the building last week and take a look at some spectacular penthouse condos.  Paramount Bay is the most technologically advanced residential building in the city of Miami.  It is completely wired with fiber optics for Internet, telephone and cable [...]

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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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Below, you will find what I believe to be the five best condo deals of the 53 distressed sales that closed in the month of September in the MLS located in Brickell, Brickell Key, Downtown Miami and the Arts District.  It was tough to decide between the first two for the number one spot but [...]

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I learned late last week that Hyperion Onyx Partners, LLC, an affiliate of Hyperion Development Group purchased the note for Onyx on the Bay.  The note was held by the now defunct Corus Bank and was acquired just days before the Chicago-based bank was taken over by the FDIC.  Hyperion Development is the developer behind [...]

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Earlier this evening, I did a search for condo foreclosures in Miami for a client.  There were 9 condos that caught my attention that were recently listed.

Santa Maria  #2506 – 2 bedroom/2.5 bath (2,100 square feet of interior) – Asking $899,900, or $429 per square foot – 24 days on the market
Jade #1201 – 2 [...]

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