Thursday, April 19, 2012

Miami Real Estate News

Miami, Florida - We are pleased to inform Florida that the Midtown Project in Miami has sold 39 units in two weeks. The 2 Midtown property in Miami has sold 39 of its remaining 61 units in two weeks, according to Fortune International, which is marketing the condominium tower. The sales include a penthouse unit that sold for $1.5 million. Most buyers are paying all cash, although Fortune is offering a mix of financing options for some units at the project, which is just south of 36th Street in downtown Miami. The Fortune CEO Edgardo Defortuna has mentioned their Company's strategy for this Miami property to increase sales.

Midtown Miami Condominiums For Sale

The building’s assembly of spatial distinctions is married via the common areas -- its lobbies, pool, and fitness center. An internalized parking scheme removes cars from the street face, enhances pedestrian-friendliness, and integrates issues of access and security. As the flagship building in an entirely new downtown neighborhood, 2 Midtown is designed to mirror the urban plan of the “new city.” Zyscovich created a singular design whose parts convey different ways of living in terms of type, scale, and relationship to the street. A variety of types of residential and live/work units allows for professionals such as designers, artists, or architects to live in the same building as their offices or studios or to be within walking distance of them. more

Architects For Miami Real Estate Projects

Founded in 1977, Zyscovich Architects currently has over 90 employees hailing from more than 26 different countries. With a “concept to keys” approach, the firm offers an integrated practice of urban planning, architecture, and interior design. This collaboration of services enables us to provide a streamlined and cohesive solution that takes our client all the way from the inception of an idea, to the presentation of the keys to the front door.

Architect Bernard Zyscovich Pleases Miami Condo Buyers

President and Managing Partner Bernard Zyscovich, FAIA, has been probing the parameters of design innovation for more than 30 years. A dedicated preservationist and urbanist, he has served in numerous community leadership roles including Chairmanship of the Miami Design Preservation League, the organization responsible for the historic designation of the Miami Beach Art Deco District; Presidency of the Miami Chapter of the American Institute of Architects; and co-sponsorship of South Florida’s first Tropical Green Conference. Mr. Zyscovich’s writing on architecture and urban design has been published widely in numerous magazines. His book, Getting Real About Urbanism, was published by the Urban Land Institute in October of 2008. Mr. Zyscovich received his Bachelor of Architecture degree from Pratt Institute in 1971.

Midtown Miami Residential Real Estate and Retail

Midtown Miami brings together a true urban feel. The Miami area has seen its demographics grow over the past two years as it offers fantastic living and investment opportunities. The area has become a lively neighborhood embracing contemporary-design condominiums, street-level stores, cafes, restaurants, furniture stores and art galleries. The neighborhood welcomes large retailers such as Target, West Elm and Loehman’s. Looking for Miami Real Estate and getting hungry? No problem as newly opened trendy-looking restaurants such as Mercadito and Sugarcane are ready for your appetite.

Miami Condominium Prices Jump Up

Miami condo prices have increased about 46% however sales are slow. Miami residential prices posted strong positive gains for the fourth month in a row in March, with the median condominium sales price rising 46 percent compared to the same period in 2011. According to a recent report from the Miami Association of Realtors, the median sales price also rose, increasing 13%.

Miami Real Estate News On Condos

Some Miami Real Estate specialists expect this trend to continue, as Miami increasingly attracts international buyers and investors. Also there are People shopping for, second homes and vacation homes. These buyers are U.S. residents and Foreign Investors, Along with the drastic price increase came a drop in transactions, however. Sales of existing single-family homes in Miami-Dade County dropped 12 percent in March, and sales of condos fell 10.1 percent in the same period.


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