I wrote earlier last year in my blog that buildings on West Ave, in general, were selling out and stabilizing after 2 years of short sales and REOs. In researching 1200 West Ave for a client of mine, I am delighted to report that they have approximately $460,000 in reserves at this time and the [...]

MIAMI, FL–(Marketwire – September 27, 2010) – Madeleine Romanello of Douglas Elliman Florida Real Estate sells a century-old historic coral rock estate home in Coconut Grove. The buyer plans a complete restoration and preservation of the home’s former glory. With more than 40 years since last on the market, the home has had only two [...]

In the last 6 months,  over 40% of closed sales in Miami Beach for single family homes were waterfront. This is quite a coup as waterfront sale had been lagging and inventory levels are down to 2 year supply versus 2.5-3 year supply at beginning of the year. In general, 20% of all sale in [...]