Welcome to excellence! Designed with precision, Marina Blue unit 5602 is an impeccable residence offering some of the very best, awe-inspiring views of the Atlantic Ocean, Biscayne Bay, Port of Miami, and Downtown Miami skyline. Over $250,000 in upgrades, furniture, lighting, electronics, and artwork. Located on the 56th floor, unit 5602 features hard wood floors; Read More
View More
Category Archives: Marina Blue
Circuit Layout for Formula E Miami ePrix
Earlier today, Mayor of Miami Tomas Regalado formally announced that Miami will host “the first electric single-seater race in America”. The Miami ePrix will take place in Downtown Miami on an eight turn, 1.35-mile circuit down Biscayne Boulevard and looping the American Airlines Arena, home to the Miami Heat. The course will also run Read More
View MoreTop Five Condo Deals in Downtown Miami
As mentioned in my last blog post, I think real estate values in Downtown Miami, for a number of exciting reasons, are ready to take off. Museum Park is about a year from being completed, Miami Worldcenter seems an almost certainty, and a proposal for a 1000-foot observation tower called Skyrise Miami was recently submitted to Read More
View More2013 Mercedes Benz SL550 & More Included in the Sale of a 56th Floor 2 Bedroom Condo at Marina Blue
Owning a fab condo in Downtown Miami overlooking the bay and ocean just doesn’t cut it anymore in this city. These days, you also need a luxe car to go along with it. Or, at least according to some, that’s the reputation that Miami has earned for itself over the years. Well, if there’s any Read More
View MorePreconstruction Sales for 600 and 700 Biscayne Blvd to Launch Soon?
While driving through Downtown Miami earlier this week, I noticed a number of signs at each corner of the sites for 600 and 700 Biscayne Boulevard. The signs say “Another Luxury Development by Chateau Group”. A telephone number is also included. Despite a number of calls, however, I have yet to obtain any additional information. Read More
View MoreMarina Blue Market Update – 2011 to Present
Below is a market update that I emailed to Marina Blue condo owners late last week. While not everyone reading this will have an interest in Marina Blue, I think a similar upswing in prices and lack of inventory as described below holds true for most major condo developments throughout Greater Downtown Miami. If you Read More
View MoreOne Thousand Museum’s Likely Impact on the Neighborhood
Last month, it was announced that world-renowned architect Zaha Hadid has been appointed to design a luxury skyscraper in a neighborhood of Downtown Miami know as Park West. The residential high-rise, known as One Thousand Museum, will be developed by Gregg Covin, the developer behind Ten Museum Park, and Louis Birdman. The planned project will Read More
View MoreThe Lebron Effect on Downtown Miami Real Estate Prices
It has been a long and winding road but the Miami Heat accomplished Thursday night what they had set out to do in July 2010 – to win an NBA championship. The Miami Heat defeated the Oklahoma City Thunder 4-1 in the NBA Finals to become the 2012 NBA champions. In all honestly, the Miami Read More
View MoreInvestment Group Sells Last of 60 Units at Marina Blue
As you might recall, an investment group operating under the name Welcome Bay LLC paid $13M, or $200 per square foot, for 60 units at Marina Blue in a bulk-sale acquisition on December 24, 2008. It ended up being the second largest bulk sale that took place that year in Greater Downtown Miami. Up until Read More
View MoreDowntown Miami Rental Market
Below, is a spreadsheet I compiled earlier this afternoon that shows various statistics regarding the Downtown Miami condos rental market. Click on the link below the spreadsheet to view it in its entirety. I calculated the months of inventory figure by dividing total units available by the average units rented over a three month period Read More
View More