Real Estate for Sale in Miami & South Florida Miami Residence Realty Knows Miami

Video illustration of ten billion dollar boom coming to Downtown Miami.

01 Line in Trump Hollywood, only 2 left.

Trump Hollywood

This is certainly one of the most talked-about new condos in Hollywood Beach, Florida. The Related Group has built one of their showcase properties on an ideal beach location, situated between South Beach and Fort Lauderdale. Trump Hollywood features 200 exclusive residences, featuring either 3 or 5 bedrooms and ranging from just over 2000 square feet to over 5000 square feet of indoor space.

• Elegant 2 story lobby designed by Yabu Pushelberg
• Spa / Gym
• 24 hour valet and concierge services
• Oceanfront Cabanas
• Tennis court overlooking the Intracoastal
• Business Center
• Bay and city view from private terraces
• Pre wired for cable TV, high-speed Internet and multiple phone lines
• Modern appliances
• Granite and marble coutnertops
• Stacked washer and dryer

Rentals are booming in South Florida

With more and more people looking to rent instead of buy, South Florida is one region that is seeing growth in the multifamily sector. South Florida is on most investors' preferred market list. The market is performing very well from an occupancy standpoint. We are starting to see a little bit of rent growth, and significant rent growth is expected going forward. The Class A multifamily market has a vacancy of just 5 percent. Condos for sale and rent in Miami Beach.

Miami Residence offers income producing rental properties in Miami Beach. We know Miami.

HGTV Looking for American Homeowners Who Have Purchased Homes in Italy, France, or Morocco

HGTV is currently casting for a new American television show and looking for American Homeowners (20s - 50s and young retirees) who have purchased homes in Italy, France, or Morocco.  The buyers should be planning to renovate at least one room in their home.  They are hoping to shoot the renovations before they begin.

HGTV is offering $500 to the family who is on the show. This will be offered to the family after the family is approved by Network and taping of show is all complete.

 If you know anyone who meets the above criteria, please contact us

5 traits of today’s homebuyers

A survey conducted for the trade magazine Builder by American Lives, a consumer research firm based in California, attempted to outline the top five traits of today’s homebuyers. The study found the following:

• They are young. Most are under 45. Half said they had annual household incomes of $75,000 or less. Two-thirds are married.

• They are frugal. They consistently told surveyors they were eager to live a simple lifestyle.

• They worry about their financial future. About 70 percent said the economy is “not so good” with 27 percent saying it was getting worse, 27 percent saying it was getting better and two-thirds saying it would get better in a year. Some 55 percent said they were concerned that they might lose their jobs.

• They see themselves as energy efficient but not necessarily “green.” About 32 percent said they’d pay extra for energy-efficient features but only 16 percent said they’d pay extra for recycled or renewable construction materials.

• Neighborhood is important. Ninety-five percent said they thought the community was as important as the home itself. Seventy-nine percent wanted the most square footage they could afford, but 69 percent said they’d consider a smaller home in the right neighborhood.

Source: Inman News, Mary Umberger (10/27/2010)

Florida property taxes not high, not low

Using 2009 U.S. Census data, the nonprofit Tax Foundation created a state-by-state comparison of property taxes using three criteria: median property tax paid, property tax as percentage of a home’s worth, and property tax as a percentage of median income. In all three comparisons, Florida ranked around the middle, New Jersey came in at No. 1 for most expensive, and Louisiana finished at No. 50.

The median property tax paid on a home in Florida was $1,773, which puts the state at No. 23 in the state-by-state comparison. New Jersey ranked No. 1 with the median homeowner paying $6,579; in No. 50, Louisiana, the median homeowner shelled out only $243. The median property tax nationwide was $1,917.

As a percentage of the home’s value, Florida ranked No. 22 based on a median home price of $182,400. New Jersey again ranked No. 1 based on a median price of $348,300, while Louisiana’s median home value was $135,400. The national median home value used for the study was $185,200.

As a percentage of homeowner’s income, Florida ranked No. 18 based on a median of $53,595 per household. New Jersey’s median income hit $88,343, while Louisiana homeowners made $50,545. The national median income was $63,306.

To read the complete report, visit the Tax Foundation’s website at: http://taxfoundation.org/news/show/26742.html

© 2010 Florida Realtors®

Miami Rez 2010 Holiday Series: Thanksgiving

Thanksgiving is a celebration of family and friends, where special memories are created.  Consider an extra special Thanksgiving in Miami this year.  Here are some Miami based ideas you can try that are sure to provide some new memories for you and all you share it with to be grateful for.

Feast on a Yacht. How about spending Thanksgiving Day with a buffet style feast, entertaining your family aboard a Yacht? Enjoy all the pleasures of holiday gatherings from family to exquisite traditional food while allowing someone else to do the cooking, cleaning and entertaining during this cruise which features all the traditional Thanksgiving fixings and an open beer & wine bar. The new modern yacht, called the Venetian Lady, features three grand decks, 2 full bars, 2 dance floors, and state-of-the-art audio/visual equipment. Call Miami Residence Realty for more info at 1-305-751-1000.

Run a race. There's no better way to get ready for the big Thanksgiving meal than running in a race. Miami participates in this national Thanksgiving tradition by offering the BlueCross BlueShield Turkey Trot at Tropical Park. Runners may run either a 5K (3.1 mile) or 10K (6.2 mile) course. Preregistration is encouraged.

Watch a parade. The North Miami Winternational Thanksgiving Day parade takes place at 10AM on Thursday morning and includes television and radio personalities. It's followed by the Jaycees' Winternational Festival including food, music and carnival rides.

Share your time with those in need. Thanksgiving is a time when we all want to reach out to those less fortunate. There are plenty of opportunities available. Check out the listings on VolunteerMatch Miami and Hands On Miami for more information.

Regardless of what you do in Miami, it all begins with getting yourself down here and finding a place to stay. Well, it just so happens the best resource to help you find the perfect short-term rental is Miami Residence Realty. Browse our selection and give us a call with any questions. Consider Thanksgiving Miami-style this year and you'll surely be grateful for all the fantastic memories that will set this holiday apart  from all the rest for you and whomever you decide to celebrate it with.