Purchase entire 28,000 SF property and occupy from 4000 – 14,500 SF and receive income from the rest! AAA Ground Floor Courtyard Style Office Space AAA lushly landscaped courtyard style offices!
November 6, 2009
INDUSTRIAL WAREHOUSE FOR SALE – $15 MILLION
Drastically Reduced – Owner Motivated! 136,400 Sq. Ft. Light Industrial Warehouse in Fort Lauderdale Business Park on 9.8 Acres – 100% Air-conditioned, Dock-Height, 25 Ft. Clear, 8 dock height loading doors with levelers, and 2 overhead doors with ramps, approximatley 29,000 Sq. Ft of office on 2 floors, Passenger elevator.
COCONUT GROVE PENTHOUSE (REDUCED $3 MILLION) – $8.9 MILLION
Oceanfront Penthouse . Contemporary design,entire top floor, luxury boutique building on the widest part of Ft. Lauderdale Beach. Incredible Panoramic views of the ocean, the port, intracoastal waterway and downtown. Enjoy over 1800 sq ft of balconies & an 8000 sq ft rooftop patio/lanai. Separate media room, office, 3 garages for 6 cars, beach side cabana. Amenitities include resort style pool,valet,concierge service, gym and party room. Pets welcome. Will subdivide into 2 penthouse units.
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RITZ CARLTON LUXURY CONDO – $2.9 MILLION
RITZ CARLTON CONDO HOTEL OCEANFRONT LUXURY PENTHOUSE. MAJOR PRICE REDUCTION!
Fabulous Oceanfront Penthouse on Ft Lauderdale Beach. Excellent neighborhood close to local bars and restaurants. Great bargain for an oceanfront Penthouse.
Over 2,900 sf direct oceanfront. Private elevator, 24 hour room service. Only 28 residences in the tower. Many five star amenities.
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LAS OLAS BEACH CLUB PENTHOUSE – $4.995 MILLION
LAS OLAS BEACH CLUB OCEANFRONT LUXURY PENTHOUSE. MAJOR PRICE REDUCTION!
Fabulous Oceanfront Penthouse on Ft Lauderdale Beach. Excellent neighborhood close to local bars and restaurants. Great bargain for an oceanfront Penthouse.
Over 6,100 sf direct oceanfront. Custom finishes – over $1 million worth. Many five star amenities.
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November 5, 2009
APARTMENT COMPLEX WITH 14 BLDGS. – $7.4 MILLION
This property consists of 14 bldgs ( incl. Rental office, Club house & pool) Zoned RMCRA-76/high Density Multi-family. Total land area approx. 77,138 Sq. Ft. , next to Post office, Transportation and Shopping. Located 5 minutes from Beach and I-95.
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APARTMENT COMPLEX FOR SALE, 88 UNITS – $9.5 MILLION
Great location and neighborhood. 88 units available. Just minutes to the beach, parks, shopping malls, schools, Publix grocery store (walking distance) & hospital.
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THE VUE CONDO RENTAL – $5,000/MO.
Turn-key high floor condo with two exposures and amazing private beach cabana. Mint Condition with amazing downtown, city light and intracoastal views from full-service beach highrise, stunning finishes, furnishings and artwork, all rooms open to terraces. Includes rare beach cabana with bath and kitchen.
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L’AMBIANCE BEACH CONDO RENTAL – $5,000/MO.
PREMIER LUXURY RESIDENCE ON FORT LAUDERDALE BEACH WITH SPECTACULAR VIEWS OF THE OCEAN, BEAUTIFUL CARIBBEAN WALNUT FLOOR THROUGHOUT. BRAND NEW FURNITURE, CUSTON WINDOWS TREATMENTS.
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JACKSON TOWER CONDO RENTAL – $4,900/MO.
3/2 Rental one block off Ft Lauderdale Beach. Most Spectacular VIEWS of OCEAN, INTRACOASTAL, ENTIRE SKYLINE TO MIAMI! This Condo has gorgeous Wood Floors, large Balcony for entertaining, fabulous Master Suite with loads of Closets.
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LAS OLAS RIVERHOUSE CONDO RENTAL – $4800/MO.
TRUELY SPECTACULAR RIVER HOUSE HOME IN THE SKY WITH MAGNIFICENT SUNRISE AND SUNSET VIEWS. LOOK DOWN THE NEW RIVER, OUT TO THE OCEAN AND PORT, PANORAMIC VIEW FROM ALMOST EVERY ROOM. MADISON FLOOR PLAN, MANY UPGRADES AND CUSTOM FINISHES.
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RITZ CARLTON LUXURY CONDO – $7.0 MILLION
4 Bedrooms and 5 Baths. Views of the ocean, pool and intracoastal. Amenities: 24 hour concierge and room service, a 600 seat ballroom, beach access via a private overpass from the pool area, elegant and casual outdoor dining and a 17,000 sq ft world class spa and fitness center.
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RITZ CARLTON OCEANFRONT CONDO – $2.9 MILLION
RITZ CARLTON CONDO HOTEL OCEANFRONT LUXURY PENTHOUSE. MAJOR PRICE REDUCTION!
Fabulous Oceanfront Penthouse on Ft Lauderdale Beach. Excellent neighborhood close to local bars and restaurants. Great bargain for an oceanfront Penthouse.
Over 2,900 sf direct oceanfront. Private elevator, 24 hour room service. Only 28 residences in the tower. Many five star amenities.
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LAS OLAS BEACH CLUB OCEANFRONT PENTHOUSE – $4.995 MILLION
LAS OLAS BEACH CLUB OCEANFRONT LUXURY PENTHOUSE. MAJOR PRICE REDUCTION!
Fabulous Oceanfront Penthouse on Ft Lauderdale Beach. Excellent neighborhood close to local bars and restaurants. Great bargain for an oceanfront Penthouse.
Over 6,100 sf direct oceanfront. Custom finishes – over $1 million worth. Many five star amenities.
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COCONUT GROVE LUXURY PENTHOUSE – $6.25 MILLION
COCONUT GROVE OCEANFRONT LUXURY PENTHOUSE. MAJOR PRICE REDUCTION!
Fabulous Oceanfront Penthouse on Ft Lauderdale Beach. Excellent neighborhood close to local bars and restaurants. Great bargain for an oceanfront Penthouse.
Private Garage, rooftop patio, over 6,600 sf direct oceanfront. Beach cabanas and many other amenities.
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November 4, 2009
HILLSBORO BEACH OCEANFRONT HOME – $18.95 MILLION
5 Bedrooms / 6 Baths
“Newly Built 2004″ Gated Italianate-style Ocean to Intracoastal Estate orinally built by Addison Development of Palm Beach, with 105+/-ft of beach frontage. Resort-sytle pool/patio with grand entertainment loggia. Rare ICW parcel features a boat-dock.
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ALHAMBRA PLACE LUXURY CONDO – $7.99 MILLION
Uniquely designed and decorated. Moroccan style Penthouse “A house in the sky”. Impressive terraces – the only ones of their kind in this building, surround the unit and serve as prime living space. The West terrace is lavishly decorated with imported African tile & stunning furnishings. Smart house w/ ocean & Intracoastal views, boat slip 40ft+, private elevator, and much more.
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LAS OLAS BEACH CLUB PENTHOUSE – $975K
BEST PRICED LUXURY OCEANFRONT PENTHOUSE IN THE BUILDING. GORGEOUS VIEWS OF THE INTRACOASTAL, OCEAN, AND DOWNTOWN CITY SKYLINE FROM THIS PENTHOUSE RESIDENCE…… UNIT IS FINISHED WITH BEAUTIFUL MARBLE FLOORING IN THE LIVING AREAS.
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LAS OLAS BEACH CLUB 2/2 CONDO – $885K
2/2 LUXURY CONDO IN THE HEART OF FT LAUDERDALE BEACH. PROFESSIONALY FINISHED & FURNISHED. MUST SEE. ANYONE WILL APPRECIATE THE DESIGNER UPGRADES AND ATTENTION TO DETAIL. FABULOUS OCEAN DIRECT & INTRACOASTAL VIEWS. WALKING DISTANCE TO EVERYTHING. FULL AMENITIES BUILDING.
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NU RIVER LUXURY 3/2 CONDO – $440K
HIGH FLOOR 3/2 LUXURY CONDO. SPECTACULAR VIEW OF NEW RIVER AND OCEAN. TILE FLOOR ON SOCIAL AREAS AND BERBER CARPET IN ROOMS. CUSTOM BUILT CLOSETS. GRANITE COUNTER TOP AND STAINLESS STEEL APPLIANCES. OWNER IS MOTIVATED.
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NU RIVER LUXURY 2/2 CONDO – $265K!
2/2 Home on a high floor with panoramic city and distant ocean views of south and east Ft. Lauderdale. Very desirable location in heart of trendy Las Olas district and very close to beaches. Luxury building with 5-star amenities.17″ tiled floors, berber carpet in bedrooms, 10′ ceilings, granite and wood kitchen with energy-efficient stainless steel GE appliances.
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NU RIVER CONDO (LAS OLAS) – $135K!
GREAT LOOKING L-SHAPED STUDIO IN ONE OF THE NEWEST BUILDINGS IN DOWNTOWN FORT LAUDERDALE. STAINLESS STEEL APPLIANCES AND GRANITE COUNTERS. NEUTRAL TILE THROUGHOUT. BIG BALCONY WITH GREAT VIEWS OF THE OCEAN, NEW RIVER AND MEDITATION GARDEN. AMENITIES INCLUDE ROOF TOP POOL, SAUNA, STEAM ROOM, GYM, RACKETBALL, BASKETBALL.
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THE VUE 2/2 CONDO – $335K
FANTASTIC OPPORTUNITY TO LIVE ON THE OCEAN IN HIGHLY DESIRABLE FORT LAUDERDALE BEACH! SPACIOUS 2 BEDROOM, 2 BATHROOM UNIT WITH LARGE WRAP-AROUND BALCONY TO VIEW THE CITY AND OCEAN! MARBLE FLOORS THROUGHOUT. GRANITE COUNTERS IN OPEN KITCHEN W/ NEW STAINLESS STEEL APPLIANCES.
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THE PORT 2/2 CONDO – $245K!
LUXURY, LOCATION, AND ALL THE AMMENITES YOU DESIRE INCLUDING AVAILABLE DEEDED DOCK SPACE. VALET & BUSINESS CENTER ALLOW YOU TO IMPRESS CLIENTS WHILE NEVER LEAVING HOME. FOR YOUR PERSONAL ENTERTAINMENT THE POOL, SPA, FITNESS ROOM AND THE LIST GOES ON. 2 MASTER BEDROOMS, SPACIOUS LIVINGROOM, AND A GREAT MODERN KITCHEN.
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November 3, 2009
Senate Clears Homebuyer Tax Credit Extension
After two weeks of delay, the Senate last night cleared the way to pass a seven month extension and expansion of the tax credit for homebuyers. By an 85 to 2 roll call vote, the Senate voted to cut off debate on a package of measures that includes the homebuyer credit, making it virtually certain that the legislation will reach President Obama for his signature this week.
The homebuyer tax credit, due to expire in 28 days, would be extended through April 30 of next year. First-time buyers who are in process of making a purchased would not need to worry about qualifying for the $8,000 credit if they close after the November 30 deadline.
For the first time, the legislation cleared last night makes move-up buyers as well as first-time buyers would be eligible for a credit. The $8,000 maximum first-timer credit will continue and will now available to couples with income up to $225,000, a nearly $55,000 increase above the level in existing law. A new $6,500 maximum credit would also be available to move-up homeowners who have lived in their current residence for five of the prior eight years.
The tax credit has fired the housing market, driving existing home sales to the highest level in over two years. The National Association Realtors reported sales jumped 9.4 percent to a seasonally adjusted annual rate of 5.57 million units in September and are 9.2 percent higher than the 5.10 million-unit pace in September 2008.
Only two Republicans voted against the credit. One of them, Senator Kit Bond (R-Mo.), said, “We’re kidding ourselves if we think we can prevent more fraud, more taxpayer losses,” “The most effective means of preventing fraud is simply to not extend the credit.”
The legislation included provisions added to address complaints of fraud. The Internal Revenue Service is given greater authority to oversee the process to root out fraud, and provisions are added in response to past abuses of false sales or underage buyers. An investigation by the Treasury Department’s Inspector General for Tax Administration found that more than 580 children, some as young as four years old, had received $627,000 in first-time homebuyer credits. The IRS has identified 167 suspected criminal schemes and opened nearly 107,000 examinations of potential civil violations of the first-time homebuyer tax credit.
A number of economists have voiced concern about the $16.7 billion.cost of the credit and the wisdom of spending up to $400,000 per homebuyer to stimulate real estate sales. The White House has been lukewarm at best. However, it is virtually certain that the President will sign the legislative package, which contains an expansion of unemployment benefits as well as the tax changes.
The legislation cleared last night also contains a provision supported by the National Association of Home Builders. It helps larger companies strapped for cash with net operating losses this year or in 2008.
Ordinarily these companies can carry back these losses for only two years to qualify for a tax refund. The provision would make this process extends the carry-back to five years for either 2008 or 2009. The tax break will now apply to losses in either 2008 or 2009, and the income cap will come off.
A similar provision, applying just to 2008, was included in the president’s economic recovery bill last winter but limited to smaller companies to keep down the cost to the Treasury.
Both tax breaks – the homebuyer credit and the change to net operating loss – will be offset by tax changes affecting foreign tax credits, chiefly important to large multinational corporations, according to the Senate Finance Committee.
Florida’s Existing Home, Condo Sales Up in September 2009
Oct. 23 /PRNewswire/ — Florida’s existing home sales rose in September, which marks more than a year (13 months) that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®. September’s statewide sales also increased over sales activity in August in both the existing home and existing condominium markets.
Existing home sales rose 34 percent last month with a total of 14,419 homes sold statewide compared to 10,778 homes sold in September 2008, according to Florida Realtors. Statewide existing home sales last month increased 4.1 percent over statewide sales activity in August.
Florida Realtors also reported a 77 percent increase in statewide sales of existing condos in September compared to the previous year’s sales figure; statewide existing condo sales last month rose 8.9 percent over the total units sold in August.
All of Florida’s metropolitan statistical areas (MSAs) reported increased existing home sales in September; all but one MSA also showed gains in condo sales. A majority of the state’s MSAs have reported increased sales for 15 consecutive months.
Florida’s median sales price for existing homes last month was $142,000; a year ago, it was $174,900 for a 19 percent decrease. Housing industry analysts with the National Association of Realtors® (NAR) note that sales of foreclosures and other distressed properties continue to downwardly distort the median price because they generally sell at a discount relative to traditional homes. The median is the midpoint; half the homes sold for more, half for less.
The national median sales price for existing single-family homes in August 2009 was $177,500, down 12.1 percent from a year earlier, according to NAR. In Massachusetts, the statewide median resales price was $315,000 in August; in California, it was $292,960; in Maryland, it was $265,862; and in New York, it was $205,000.
NAR’s latest industry outlook notes positive signs in the housing sector, but adds that extension of the federal first-time homebuyer tax credit would help sustain a fragile recovery. “Now that the market is showing some momentum, we have an opportunity to achieve a more rapid and broader stabilization in home prices,” said NAR Chief Economist Lawrence Yun. The outlook for home sales and prices depends on whether the tax credit is extended, he said, describing it as “the best tool in our arsenal to encourage financially qualified buyers to stimulate the economy and help reduce the budget deficit.”
In Florida’s year-to-year comparison for condos, 5,088 units sold statewide last month compared to 2,870 units in September 2008 for a 77 percent increase. The statewide existing condo median sales price last month was $102,500; in September 2008 it was $153,500 for a 33 percent decrease. The national median existing condo price was $179,300 in August 2009, according to NAR.
Interest rates for a 30-year fixed-rate mortgage averaged 5.06 percent last month, a significant drop from the average rate of 6.04 percent in September 2008, according to Freddie Mac. FAR’s sales figures reflect closings, which typically occur 30 to 90 days after sales contracts are written.
Among the state’s smaller markets, the Pensacola MSA reported a total of 275 homes sold in September compared to 267 homes a year earlier for a 3 percent increase. The market’s existing home median sales price last month was $135,000; a year ago it was $146,900 for an 8 percent decrease. A total of 48 condos sold in the MSA in September, up 41 percent over the 34 units sold in September 2008. The existing condo median price last month was $190,000; a year earlier, it was $180,000 for a 6 percent gain.
Two charts showing statistics for Florida and the state’s MSAs follow. One chart compares the volume of existing, single-family home sales and median sales prices in September 2009 to September 2008 based on Realtor transactions; the other compares the volume of existing, condominium sales and median sales prices in September 2009 to September 2008 based on Realtor transactions.
Florida Realtors®, formerly known as the Florida Association of Realtors®, serves as the voice for real estate in Florida. It provides programs, services, continuing education, research and legislative representation to its 115,000 members in 67 boards/associations.
PINECREST VILLAGE DOWNTOWN 1/1 CONDO – $140K!
BEAUTIFUL 1 BEDROOM 1 BATHROOM CONDO IN PINECREST VILLAGE IN VICTORIA PARK. UPGRADED, STAINLESS STEEL APPLIANCES, WASHER AND DRYER IN UNIT, CROWN MOLDING, FITNESS CENTER, POOL, CLUB HOUSE AND MORE! 2 BLOCKS FROM LAS OLAS, IN DOWNTOWN FT LAUDERDALE AREA.
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VENEZIA 2/2 LUXURY LAS OLAS CONDO – $339K
Las Olas Luxury 2/2 Condo. Short walk to Restaurants, cafes, Galleries & shops. Boutique Building with only 49 Units. Gracious living space. The unit has all the top of the line finishes. Split bedroom plan. Expansive views from all windows! Best price in the Building!
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VENETIAN BEACH CONDO 2/2 – $329K
GREAT PRICE! FABULOUS 2/2 CONDO JUST OFF OF FT LAUDERDALE BEACH. BUILDING HAS GREAT LOCATION. RECENT MAJOR RENOVATION OF THE EXTERIOR OF THE BUILDING. SPLIT BEDROOM PLAN, BUILDING HAS HEALTH CLUB, GORGEOUS POOL.
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350 LAS OLAS CONDO – 3/2
3 bedrooms, 2 baths, 2 balconies, 2 COVERED PARKING SPOTS, storage locker. Gourmet kitchen w/ stainless steel, granite countertops & European cabinetry. Plush carpet in bedrooms. Washer/dryer in separate laundry room. 350 Las Olas Place features downtown living at it’s best.
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NU RIVER LAS OLAS CONDO – 3/2
SPECTACULAR VIEW OF THE NEW RIVER AND OCEAN FROM THIS 3/2 UNIT. TILE FLOOR ON SOCIAL AREAS AND BERBER CARPERT IN ROOMS. CUSTOM BUILT CLOSETS. GRANITE COUNTER TOP AND STAINLESS STEEL APPLIANCES. OWNER IS MOTIVATED.
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WATERGARDEN LUXURY 3/2 CONDO
INCREDIBLE VIEWS AND 2 BALCONIES! ONE OF THE FEW UNITS AVAILABLE WITH 10FT CEILINGS AND 2 ASSIGNED PARKING SPACES! GOURMET KITCHEN W/GRANITE COUNTERS AND STAINLESS STEEL APPLIANCES. MOTIVATED SELLER.
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November 2, 2009
RITZ CARLTON LUXURY 3/3 CONDO – $3.5 MILLION
Setting new standards of luxury on Fort Lauderdale Beach, exceptional services & cutting edge architectual excellence. Direct ocean views from all rooms, includes 3 garage spaces.
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LAS OLAS BEACH CLUB 4/5 – $3.6 MILLION
THE GRAND PENTHOUSE ENCOMPASSING HALF OF THE TOP FLOOR AT THE LAS OLAS BEACH CLUB. THIS RESIDENCE HAS THE MOST INCREDIBLE VIEWS IN FORT LAUDERDALE! MARBLE FLOORS IN THE LIVING AREAS AND TERRACES.
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ALHAMBRA PLACE 4/3 – $1.895 MILLION
ONE BLOCK FROM FT LAUDERDALE BEACH. 4,000 SQ CORNER WRAP UNIT IS LOCATED ON ONE OF THE MOST DRAMATIC SHORES OF OUR ICW. ANOTHER 1800 SQ FT OF BALCONY MAKES THIS THE PERFECT SOUTH FLORIDA RESIDENCE OFFERING VIEWS OF THE CITY AND OCEAN ALSO.
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