A few months ago, as some of you may recall, we mentioned that clients of ours from Nigeria had recently closed on unit 5404 at Marina Blue. Our clients purchased the condo with an intent to rent it and hold the condo long-term. The condo came decorator-ready, however, which meant that they first needed to finish it off before renting it. A day after the closing, the buyers flew back to Nigeria and left Michael in charge with making design decisions and working with contractors to ensure that the build-out would be completed within a few months. The video below shows you what unit 5404 at Marina Blue looked like as a decorator-ready condo.
Below is a list of changes/additions that were made to unit 5404 as part of the build-out process:
36 x 36 Crema Marfil marble flooring installed throughout
Custom kitchen island with new countertops, wine rack, beverage center and dual-bowl under-mount sink with garbage disposal and custom fixture
Custom kitchen pantry with frosted glass door
Granite backsplash in the kitchen
Custom lighting throughout kitchen
California-style built-in closets in both bedrooms
Remote-controlled electronic window shades
Baseboards and paint
A few days ago, the build-out process for unit 5404 at Marina Blue was completed. Below, you’ll find pictures of the condo as it looks today. Unit 5404 is a 2 bedroom/2.5 bath condo with 1,663 square feet of interior square feet and 222 square feet of balcony (view unit 5404 floor plan). The condo has direct views of Biscayne Bay, the Atlantic Ocean and Downtown Miami from the 54th floor. The asking price for unit 5404 at Marina Blue is $3,500 per month and is available immediately. Contact us at 305-428-3860 if you would like to view the condo in person.
For those of you who don’t know, Marina Blue is a Downtown Miami condo developments located at 888 Biscayne Blvd across the street from the American Airlines Arena and within walking distance to Bayside Marketplace and the Adrienne Arsht Center. Marina Blue is one of the few Downtown Miami condo buildings where every unit has a direct water view.
Below is the Before & After video of unit 5404 that our videographer created:
Museum Park Remediation Underway
Late last week, I was showing a condo at 900 Biscayne Bay and looked down at the Museum Park remediation work that is well underway. The remediation process should be completed this November. Construction of the Miami Art Museum building will then begin and delivery is scheduled for sometime in 2013. The Miami Science Museum building will break ground in 2011 and is projected to be completed in 2014. Once complete, Museum Park will be a great addition to the neighborhood and should have a positive impact on the values of Park West condos in the area.
14 Unit Bulk Sale at Epic
In the above video, Michael discusses the recent 14 unit bulk sale at Epic as well as the microbrewery that will occupy the southeast corner of the first floor commercial space at Marina Blue.
Marina Blue Unit 5104 – $470,000
Last Thursday, we acquired a new listing at Marina Blue. It’s a beautiful 2 bedroom/2 bath condo on the 51st floor with breathtaking views of the Atlantic Ocean, Biscayne Bay, the Miami Beach skyline and Downtown Miami. The condo has 1,208 square feet of interior, 138 square feet of balcony, porcelain tiled floors throughout, Wenge California-style closets, window shades and 10-foot ceilings. The purchase price also includes two assigned parking spaces. As many of you know, it is rare for a 2 bedroom or even a 3 bedroom condo in Miami to include a second parking space. Additionally, the condo includes a 55 square foot storage room which is pictured below.
Marina Blue is located in Downtown Miami across the street from the American Airlines Arena at 888 Biscayne Blvd, Miami, FL 33132. Please give us a call if you or someone you know has an interest in viewing this Marina Blue condo in person. 305-428-3860
Four Great Condo Foreclosure Deals on the Market Now
In this video segment, we highlight four condo foreclosure deals that are available at this time. These condos reside at 900 Biscayne Bay, Blue Condominium, The Club at Brickell Bay and Icon South Beach. Give us a call at 305-428-3860 if you would like to learn more about these opportunities or other foreclosure deals now on the market.
Shrinking Rental Inventory in Brickell and Downtown
In this episode, we discuss the shrinking rental inventory of condos in Brickell and Downtown Miami. In recent months, it has become increasingly more difficult to find a rental in these neighborhoods than it has since the peak of the market. For example, at this time The Plaza on Brickell, which has 1,000 total units, only has two unfurnished one bedrooms available while 1060 Brickell has zero. We highlight eight other well known condo buildings in these areas and provide an overview of the rental availability within them.
It’s Not About the Money…It’s About the Sun, the Fun and the Rings!!!
They say Rome was not built in a day. I tell you tonight that the Three Wise Men of Miami have built Downtown Miami within a night. The Three Wise Men offer not gold, frankincense and myrrh but instead development, commerce and beer. The drinks will flow in Downtown Miami. The crowds will cheer, the people will spend and those who might be fortunate enough to witness NBA’s greatest team will be merry. This is an era of Miami basketball that will be long remembered, but never forgotten.
As I sit in Downtown Miami listening to the sounds of car horns filling the sky, I can only think of one thing. This is the single greatest moment for the City of Miami. Bigger than the movie Scarface, which put Miami on the map. Bigger than Miami Vice. Bigger than all of the rock stars, models and paparazzi who followed the celebrities in the 1980s to their paradise enclave. That was their Miami. Today, I present to you the new Miami. This is the beginning of something bigger and better than any developer or city official had ever envisioned for the city. This is Miami Bitch! And Miami’s Three Wise Men will proliferate an era within Downtown Miami within two years that could never be achieved within two decades.
Miami was the hotbed of the recent national real estate crisis. The epicenter of investor speculation. The Godfather of mortgage fraud. Prices tumbled here 50-70 percent from the peak. It was ripe for the picking. Miami was where real estate investment dreams were made. This was it. This was the moment where five years from now everyone who was fortunate enough to be connected to the City of Miami could say, “Damn…I coulda, shoulda, woulda”. Tonight was the moment where In one fell swoop, that was all washed away. Long forgotten.
LeBron and his crew, made up of Dwyane Wade and Chris Bosh, made the statement that it’s not about the money…it’s about the sun, the fun, the glitz, the glamour, the neon lights and the championships. The three perennial athletes proved tonight that it’s more about their legacy than it is about the benjamins. It has been written that Benjamin Franklin once started off his day by asking the question, “What good shall I do this day?” and ending it with “What good have I done this day?”. There’s no question that the newly crowned Kings of Miami have done very much good for the City of Miami and ohhhh so much good for Downtown Miami. It’s not about the money. It’s about the good of the city and, as I’ve said for weeks, LeBron James joining the Miami Heat, will do more good for the city than ten condo developers building ten glitzy high-rises could ever do for the city.
Prices Slashed at Icon Brickell
Late last Friday afternoon prices were slashed at Icon Brickell. In the video below, we provide an overview of the Icon Brickell price reduction and end the show with the morning-breaking news that Dwyane Wade and Chris Bosh will sign with the Miami Heat tomorrow.
Marina Blue Penthouse Pitch to LeBron James
For those of you who missed it, we were interviewed yesterday afternoon by David Sutta of CBS4. The interview aired on the 6 o’clock news and focused on our recently launched website – LeBron’s Future Miami Penthouse. Showcased his sales skills by pitching the Miami luxury penthouse for sale to LeBron James while I explained the positive impact it would have on Downtown Miami if the Heat organization is able to lure LeBron James to Miami. The featured penthouse is located in the Downtown Miami luxury high-rise called MarinaBlue. The massive condo has 4,198 square feet of interior with 4 bedrooms, 4 baths, an entertainment room and 20-foot floor-to-ceiling glass windows with one of the most incredible views from Downtown Miami.
