South Beach and Miami Real Estate don't get any more exclusive than the beautiful South of Fifth (SoFi) neighborhood. This sun drenched residential enclave at the southern tip of Miami Beach boasts year round sunshine, huge white sand beach, crystal clear waters surrounding it on 3 sides, a spectacular marina, world class restaurants and the most luxurious condos on South Beach.
The Miami Herald wanted to find out what top industry players really think about where Miami’s real estate market is going. To that end, the Herald partnered with locally based polling firm Bendixen & Amandi International to conduct an anonymous survey of 105 major developers, brokers and other industry watchers. The arrangement created an opportunity… Read more »
This chart shows what Realtors have been noticing for a while, but owners have been slower to grasp. The time it is taking to sell many properties has increased significantly, especially in the higher price ranges of the South of Fifth neighborhood. The chart below shows the number of units currently for sale, with a… Read more »
The New Year is responding to a 2011 Sales period that saw a significant increase in prices combined with a shortage of inventory in the neighborhood. There is, however, no longer a shortage of ultra luxury properties for sale in the South of Fifth neighborhood. The 25 currently most expensive units in the neighborhood are… Read more »
Tucked between a couple of low rise condominiums on the 200 block of Collins Avenue is the South Beach Victory Garden, a little known but greatly treasured amenity of the SoFi neighborhood. As a matter of inventory, the garden consists of 60 raised beds, a shed for tools, and storage bins for supplies. There is… Read more »
The absorption rates at the perimeter residential towers in the South of Fifth neighborhood have changed dramatically over the past year. Rising prices have encouraged more people to put their units on the market, and the greater inventory has meant more choices for buyers. However, the amount of time it will now take to sell… Read more »