$12.9M Penthouse Foreclosure at Santa Maria Hits the Market

Santa Maria Penthouse Foreclosure

Earlier this afternoon, a penthouse foreclosure at Santa Maria came onto the market with an asking price of $12.9M.  It’s a two story condo with 10,000 square feet of interior and has a rooftop terrace with a large hot tub.

Update: As I was writing this blog post, I received word that the penthouse has already gone under contract.  Word is that the accepted offer price was $11M.  Geez, that was fast!

Video Demonstration of the Miami Condo Investments iPhone App

Below, you’ll find a video demonstration of the Miami Condo Investments iPhone app.  It was released this past January and we’ll be releasing an update late next month.  The app is free and can be downloaded at the iTunes app store.

iTunes link to Miami Condo Investments iPhone app

Carlos Justo the Previous Owner of the 5 Bedroom Penthouse Foreclosure

Carlos Justo was the previous owner of the 5 bedroom penthouse foreclosure at Imperial at Brickell that was recently showcased on this website.  In today’s video show, we feature an Associated Press interview that was filmed in that very penthouse.

5 Bedroom Penthouse Foreclosure at Imperial at Brickell

Yesterday afternoon, I had the pleasure of viewing a bank owned 5 bedroom penthouse at Imperial at Brickell.  The two-story condo has 5,034 square feet of interior and is the only residence located on the penthouse level.  Furthermore, the terrace is one of the largest that I’ve seen for a Brickell Avenue condo and has an amazing, direct view of Biscayne Bay, Key Biscayne and the South Beach skyline.  It truly is an entertainer’s dream.

A few days ago, the list price was reduced $300,000 to its current asking price of $1.49M, or $296 per square foot.  The unit needs to be renovated considerably.  In fact, if it were me, I would gut the entire condo and start from scratch.  The condo is perfect for someone who is creative and has the vision to transform this space into one of the most spectacular residences along Brickell Avenue.

Without a doubt, this is a rare opportunity at a great price. Contact us at 305-428-3860 if you have any questions regarding this 5 bedroom penthouse or would like to schedule a personal showing.

Imperial at Brickell was completed in 1983 and is located at 1627 Brickell Avenue.

Icon Brickell Developer Agrees to "Friendly Foreclosure"

Yesterday, The Related Group and its lenders agreed to a “friendly foreclosure” for Towers 1 and 2 of Icon Brickell. This video provides our commentary as well as the details pertaining to the agreement.

Miami Real Estate Review – Episode One

Over the past couple of months, we’ve been working on a project that we hope will separate ourselves from other South Florida Realtors and allow us to disseminate market news and information to our audience in an efficient and innovative way.  The video that you see below is the result of an idea that was born a few months ago.  We decided to launch a real estate video show.  This initial video provides an overview of what we have in mind for our video show and demonstrates how we’ll utilize the iPad in conjunction with it.

Atlantis on Brickell Amenities Video

For those of you not familiar with Atlantis on Brickell, I’ve included a video tour below of the amenities and common areas.  Atlantis on Brickell was completed in 1982 and is well recognized for its colorful and unique architecture.  This iconic building is well remembered as being featured in the opening credits of the 1980s hit TV show, Miami Vice.  The steps to the entrance of the lobby of Atlantis on Brickell was also featured in the 1980s cult classic Scarface.  Welcome to Atlantis on Brickell:

Atlantis on Brickell 3 Bedroom Condo Foreclosure

A 3 bedroom/3 bath condo foreclosure at Atlantis on Brickell came onto the market last Thursday.  It’s an 01 floor plan with 2,149 square feet of interior and a direct view of Biscayne Bay.  The condo came onto the market at an initial list price of $544,500, or $253 per square foot.  I visited the unit last Friday and had a chance to take several pictures.  This is only one of two 01 units that are currently on the market at Atlantis on Brickell.  The other, unit 1401, is listed for $599,000 and is located two floors lower than the one in the pictures below.  Contact me at 305-428-3860 if you have an interest in viewing this 3 bedroom foreclosure at Atlantis on Brickell in person.

Maintenance fees are $1198 per month.

Living Room

Atlantis on Brickell 1601 view

Kitchen

kitchen

kitchen

Master Bedroom

master bedroom

Master Bathroom

master bathroom

Atlantis on Brickell 1601 master bathroom

Second Bedroom

second bedroom

Atlantis on Brickell 1601 second bedroom

Second Bathroom

second bathroom

Third Bedroom

Third Bedroom

Third Bathroom

Third Bathroom

Laundry Room

laundry room

Atlantis on Brickell was completed in 1982 and is considered a landmark building located at 2025 Brickell Avenue, Miami, FL 33129.

900 Biscayne Bay 06 Line Video

Now that we’ve seen a video of the amenities at 900 Biscayne Bay, let’s take a look at an actual unit in the building.  The video above will show you an 06 line located on the 33rd floor.  This is one of my favorite floor plans at 900 Biscayne Bay.  It’s a 3 bedroom + den/4 bath condo with 2,335 square feet of interior and a 639 square foot terrace. The unit has a direct view of Biscayne Bay the moment you walk through the double entry doors from your private elevator.

900 Biscayne Bay 06 line floor plan

Photo tour of an 06 line at 900 Biscayne Bay
Photo tour of the amenities at 900 Biscayne Bay