Miami real estate news and information

Pre-Construction is Back

It seems as though the era of Pre-Construction is making its way back to the real estate scene. There are many developments to be built in the next few years, and a good number of them are being snatched up quickly.

The Porsche Design Tower in Sunny Isles (scheduled for a 2016 opening) created a buzz and generated a lot of interest with their marketing. People were fascinated with the idea of a car elevator taking residents’ cars directly to their unit. Once the buzz was created on paper and word of mouth, Dezer Development decided it was best to show rather than tell buyers what they were investing in.

They built an off-site office with four replicas of various apartments and the lobby. In doing so, they have managed to pre-sell 89 of 132 units. The units vary from 4,800 square foot for $$4.8 million to a 17,000 square foot penthouse for $32.5 million. The Tower required a 30% downpayment, with most buyers paying cash for their units. At least 50% of the building has already sold.

Other Luxury Projects include:

Marina Palms Yacht Club and Residences in Aventura – There will be 468 residences in two towers, with a marina for up to 112 ships (even yachts up to 90 ft).There will be a full time dock-master and full time yacht club concierge. The resort style amenities are set to include water sports such as jet skiing, snorkeling and windsurfing, an infinity pool, outdoor kitchen, a spa with treatment rooms, fitness center, bar, café and an outdoor hot tub. This project is set for completion in 2015.

Regalia Miami Condos in Sunny Isles Beach – Set to be completed in 2014, this project is unique with 39 stories and only one luxury unit per floor. All of the 37 residences will feature floor-to-ceiling windows, wrap around terraces and views of the Intracoastal, the city and the Atlantic Ocean.

Mansions at Aqualina in Sunny Isles Beach – Construction began in 2012 and is slated to be complete in 2015 on this expansion to the Aqualina Resort and Spa. Once completed, the building will be the tallest building in Sunny Isles and the sixth tallest in the State of Florida. Tenants will have access to the amenities of the Resort and Spa as well as residence specific ones such as a private cinema, a virtual golf course, a Hammam spa, poolside cabanas and a sunset pool. 80% of the units have been sold as of February 2013, leaving few for you to snatch up. Call us today to buy a piece of this masterpiece!

There are many exciting Pre-Construction projects in the works, and many are selling quickly. If you want to be part of activity, call us NOW and let’s get started. Don’t miss out on a chance to live in these fabulous condos!

 

 

 

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