All posts by cindymize

Doing what you love, when you're good at it, makes everything else fall into place. I love real estate and I love making good, profitable deals. That's why I am a Realtor! Coming from the technology business, I am I intrinsically understand how to use the latest technology to serve my client base. But, I also understand how sometimes a hand-written note is just the thing someone needs to see. We are on the cusp of a new age, and I like to keep aert to both sides. Now. About me, personally. My husband and I live in Key Biscayne, Florida. He is from Argentina, I am from Georgia. Both of us are bi-lingual and bi-cultural. We are dog people! We truly LOVE the South Florida lifestyle. We have a boat and we fish, and take full advantage of living in a little piece of paradise. Community service has always been a part of my life and on Key Biscayne, it's no different. I love to get involved in the community and am a member and officer of a number of organizations. The American Legion Auxiliary is probably my most favorite. We help veterans and active duty military and their families. I am also a member of the Daughters of the American Revolution, Daughters of the Confederacy, The Key Biscayne Woman's Club and am active in local, state and national politics. Another of my passions is the Arthritis Foundation. Eight women and I have a team, A2A4A (America To Anywhere For Arthritis) and we run marathons all over the world to raise money to help the millions of Americans suffering with this disease. So far, we have raised over $200,000. When I have free time, you usually see me clomping around with my digital camera. Photography is my art and I relish the time I spend taking photos and looking at other people's work. And, I like to write. So. Here goes my blog!

Swire Chief: Condo Market ‘At Half The Pace’ Compared To Last Year, But Healthy

Swire Properties President Stephen Owens told a forum last week that ‘there’s no question’ that sales of condos at Brickell City Centre have slowed down.

Owens told the audience that the market is ‘at half the pace’ compared to last year. He blamed it on more discerning buyers, and said that it was a sign of a healthy market. His comments were reported by The Real Deal.

As of March, 17% of units at Swire’s Brickell City Centre RISE condo tower has been sold. That compares to nearly 80% sold at REACH, which launched sales earlier.

Dezer Development president Gil Dezer echoed Owens’ sentiments last week, saying that ‘there’s the same number of buyers’ as before, but more projects. He also said that it was now a healthier market, and that it wasn’t ‘normal or stable’ when units were selling out as fast as they were last year.

 

 

via Swire Chief: Condo Market ‘At Half The Pace’ Compared To Last Year, But Healthy.

Instacart Grocery Delivery Service Begins in Miami

May 19, 2015, 7:00am EDT Updated May 19, 2015, 9:10am EDT

Instacart, an on-demand grocery delivery service, officially expanded to Miami on Tuesday.

Beginning immediately, shoppers can order goods from Whole Foods Market, Costco, Winn-Dixie, BJ’s Wholesale Club and Petco stores and have them delivered in about an hour.

Instacart customers don’t need a Costco or BJ’s membership to shop from those stores, the company says. The service is available in most of Miami’s metro area, including Miami Beach, Downtown, Brickell, The Roads, Coconut Grove, West Flagler, Little Havana, West Miami, Coral Way, Coral Gables, Key Biscayne, Miami airport area, Virginia Gardens, Grapeland Heights, Allapattah, Civic Center, Little Havana, Wynwood, Midtown/Edgewater, Buena Vista, Liberty City, Brownsville and Little Haiti. Shoppers can check if they’re included in Instacart’s delivery zone at Instacart.com/locations/Miami.

To start deliveries, new customers can open an account at Instacart.com. TO get $10.00 off your first order, use the personal invite link at http://inst.cr/t/ZR36us .

“We had thousands of requests for service in the Miami area, and strong interest from retail partners such as Whole Foods Market and Winn-Dixie, so the time was right,” said Apoorva Mehta, founder and CEO of Instacart. “We’re thrilled to bring the first on-demand grocery delivery service to Miami.”

Instacart is based in San Francisco and with its debut in Miami, is available in 16 cities. The company connects customers with independent contractors, or personal shoppers, who shop for the customer and deliver the orders.

Whole Foods Market also announced that it istesting delivery in Palm Beach County with food technology company Cravy.

Greater Downtown Miami Development Pipeline

23,500 condominiums — 5,300 apartments — 6,000 hotel rooms — 3.5 million sq. ft. of office space — 4.0 Million sq. ft. of retail…..All within the Greater Downtown Miami area….

Click on the link to see where they plan to put all that “stuff”.

Greater Downtown Miami Development Pipeline.

Brazilians Find New Home in Miami

by James McClister February 17, 2015

Miami Agent Magazine

Brazilians are spending more money in the U.S. than ever…and Miami is benefitting big.

Brazil-Miami-investors-economy-freedom-money

A port of indulgence for Brazil’s elite, Miami has catered to South American investors for decades, helping them funnel huge sums into lavish, coastal condominiums. But now, following the recent reelection of Brazilian President Dilma Roussef, a number of the country’s biggest spenders are looking to increase their overseas holdings, and Miami is benefitting in a big way.

In a recent interview with The Wall Street Journal, Alyce Robertson, executive director of the Miami Downtown Development Authority, affirmed the impact Roussef’s reelection is having on South Florida.

“After the last election, we were talking to a lot of people concerned about getting their capital out of Brazil,” she said, adding that the exodus was largely a response to politics.

Brazilians Flee

With specific data unavailable, it’s difficult to quantify the recent influx of Brazilian investment. But throughout South Florida, developers, agents, bankers and a slew of other industry insiders are abuzz with talk of Brazil.

They speak of a swelling of Brazilian capital, aimed not just at property investments, but an increase in more prolonged and involved ventures, such as setting up businesses and obtaining residency and later citizenship for themselves and their families.

Genilde Guerra, an attorney at Kravitz & Guerra, told the Journal that Brazilian clients are mainly “concerned about the instability of Brazil’s political environment.

“They don’t want to be the last one’s to leave,” she said.

Not a 1980s/90s Repeat

According to the Brazilian Foreign Ministry, in 2013, approximately 3 million of the country’s 200 million lived abroad, and of those, one-third were in the U.S. Drawing from local sources, the Journal reported that Florida has become one of the most attractive destinations for these emigrating Brazilians, with as many as 300,000 living in the Sunshine State. Their presence is now so prominent in Miami that in 2013, Brazilians accounted for 51 percent of the city’s tourism.

This isn’t the first time the U.S. has taken on weighty injections of Brazilian immigrants. During the 80s and 90s, Brazil was brought under the wing of a harsh, U.S.-backed military junta that drove the country into near ruin, igniting a rash of economic problems, including hyperinflation and unemployment. Thousands of Brazilians fled the regime for a safer economic climate, with many finding haven in the U.S.

The difference between today and earlier migrations, is that before, Brazilians were entering the U.S. with little to their name, satisfied working low paying labor jobs. Today, it’s far more likely for them to bring wealth.

A New Class of Wealth

In the last year, the Brazilian real has lost approximately a fifth of its value against the dollar, and the country’s inflation rate is nearing its 6.5 percent limit, the Journal reported. According to the Economic Freedom Index, a joint project from the Journal and The Heritage Foundation, researchers also noted significant setbacks for businesses in Brazil, including declines in investment freedom and monetary freedom.

In the face of state-imposed hardships, many of Brazil’s elite are taking preemptive measures and moving their accounts offshore, building strong U.S. portfolios to support their emigrating families. They’re sinking their money into promising developments, buying land and building.

In 2014, Brazilian investor Jose Assumpcao, founder of Lider Aviacao, purchased a 37,000 square-foot plot in Edgewater, which included approvals to build a 16-story, 127-unit residential tower, the Daily Business Review reported. And he’s not the only one.

According to the Journal, Brazilians are now among Miami’s top three foreign buyers of high-price real estate, along with Argentines and Venezuelans.

Miami Hot, U.S. Hotter

To account for the high volumes of international investors pouring into the city, particularly those from China and Brazil, local officials recently created a special foreign investment center downtown to process EB5 visas, which are awarded to individuals investing $1,000,000 and who are creating or preserving at least 10 jobs for U.S. workers, not including investors and immediate family members.

The benefits for Miami are expected to be substantial.

“The City of Miami is staying true to the intent and mission of the United States Citizen Immigration Services by offering top-tier EB5 Regional Center projects to foreign investors which in turn will provide for the creation of thousands of jobs for our local residents,” Mikki Canton, managing director of Miami’s Office of International Business Development, said in a 2014 statement. “The mission of the City of Miami EB5 Regional Center is to create thousands of jobs for local residents and strengthen economic growth in South Florida.”

However, despite business between Miami and Brazil being up last year – 0.82 percent year-over-year from January to November, according to the U.S. Census Bureau – the city is losing market share. Brazil’s overall trade with the U.S. rose nearly twice as fast as with South Florida. With healthier savings, Brazilians are looking to the entire U.S. for opportunities.

 

Key Biscayne to Sue Miami over Miami Marine Stadium Plans

Lifestyle Key Biscayne

01/28/2015 6:58 PM

 01/28/2015 9:55 PM

For the second time in as many weeks, one of Miami’s neighboring municipalities is threatening to sue the city over plans to develop its valuable waterfront properties that lie along crucial county causeways.

The Key Biscayne Village Council voted late Tuesday to file a lawsuit against the city of Miami over a project in the works to rehabilitate the historic Miami Marine Stadium and redevelop the surrounding area. Village officials worry that a planned $16 million outdoor event space on the stadium grounds will be used to host dozens of Rickenbacker Causeway-clogging events, like the Miami International Boat Show, which is moving to the site in 2016.

The village will file a suit next week and then immediately stay the proceedings and enter into mediation, according to Village Attorney Stephen Helfman. Village officials say they’ve tried…

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Vacation Home Rental Key Biscayne

Vacation Home Rental Key Biscayne. Web Tour

 https://www.flickr.com/photos/cindymize/?find=cindymize%40mac.com Photos

Holiday rental home in the heart of Key Biscayne, FL. 3 bedrooms, 21/2 baths and pet friendly. A wonderful place for a family get-away or lodging for all the magical events taking place in the Miami area while the rest of the country is freezing!

This home sleeps up to 8 people (if your party is more than 6 people, you need to be good friends!). And is available for $7500 per month or $600 per day.

Please call/text/email Jay Shadden at +1(786)515-4499 or Jayshadden@gmail.com.

We are island locals, so please feel free to contact us with any questions or requests for information.

Weather report for Key Biscayne? Sunny skies, tropical breezes and temps in the 70’s at night and 80’s during the day.  Perfect for that, “out of season tan”!

Key Biscayne Home Listed for $60,000.00

Situated on a 2-acre, private peninsula with a deep-water cove jutting into Biscayne Bay, this single family home is the most expensive home to have ever been listed in Miami. The ~12,000 sq. ft. home has 6 bedrooms and 8 bathrooms. It features a elevator. an gazebo and sweeping views of Biscayne Bay and the Miami skyline.

If the home sells at close to the asking price, it will be the singularly most expensive listing ever sold in Miami. In 2011, a house on Indian Creek Island home sold for $47 million and there is a penthouse at Faena House on Miami Beach under contract for $50 million.

Of course, a home such as this has an interesting and enduring history. The property, known as Mashta Point, was the original location for, “Mashta House”, built in 1917 by W.J. Matheson. The Matheson family owned most of Key Biscayne, and their legacy endures to this day. Mathieson House wars the epicenter of the rich and famous of the day who wintered in South Florida. Politicians, movie stars and socialites all enjoyed fabulous parties hosted on the man-made peninsula. The deep-water cove provided anchorage and protection for their yachts and tenders.

The original home was torn down and the current owners, identified by tax records as a corporation associated with Fernando Caballero, built the current home in the early 1990’s. The current owners use the home as a vacation home, and it is also for rent at $50,000 per month.

The listing agents are Jorge Uribe and Tata Botero of ONE Sotheby’s International Realty.

Enhanced Aerial View

Photo Courtesy Jason Spiewak

Brickell City Centre initiates Sales of the 1st Residential Tower, “Reach”

Brought to Miami by the Swire Group, perhaps the most reknowned, rock-solid developers in the world. Their reputation is all about quality developments; fianacially sound project. Brickell City Centre is a 9-cre, multi-use development, which will encompass the former spaces of some of Miami’s landmark buildings.

Here I present the latest information from “Curbed Miami”. Amusing, on point and a good red. I will chime in later with my musings; mostly algebraic, because we have been analyzing this development since its development.

My recommendation? I have identified 3 units which re available now and are incredible; not only from a pricing perspective, but from a unit-line perspective.

We have the scoop. We work the development. Call me and I’ll give you the latest scoop.

Now, from our friends at, “Curbed Miami”;

Check Out Brickell City Centre’s 50% Sold Out First Tower

Although the residential aspect of the $1.05 billion Brickell City Centre megaproject doesn’t seem to have a website yet (nor is it included on this site) the sales center has opened the site Inhabit Miami is even reporting that the first tower is 50% sold out. BuzzBuzzHome provided renders and floor plans. This tower, called ‘Reach’, is the first of two residential towers in City Centre’s first phase. The second, further west, will be called ‘Rise’. Sales on that haven’t started. Nor have they on the 1 (or more?) residential towers in Phase II.