PRINCETON
IN THE NEWS EYES ON SOUTH FLORIDA
Commercial Offerings
global focus: miami
ompanies looking to establish headquarters and regional offices in Miami are expressing an increased appreciation for the area’s connectivity and international demographic. Entrepreneurs across various industries, including technology, are also attracted by our healthy tourism industry. Positive news for our real estate market!
C
CHRISTIE’S INTERNATIONAL REAL ESTATE Includes Miami in report on cities most coveted by affluent buyers worldwide.
favorable
6.86 A CRE D EVELOPMENT S ITE
ON
S OUTH D IXIE H IGHWAY
IN
P RINCETON
ndeveloped land in Princeton Charrette – approved for residential, multi-family, retail & office. Excellent frontage to one of Miami-Dade’s major thoroughfares. Ideal opportunity for any real estate investor and/or developer.
U
Miami-Dade’s million-dollar-plus market has been rap-
And while foreign buyers had a significant presence in
idly evolving, fueled, in part, by the exponential growth
all three luxury markets in 2013, domestic buyer activ-
of its art and cultural offerings. A third quarter 2013
ity was equally strong.
report by Christie’s International Real Estate titled “Atlantic Insights” named Miami alongside New York and London as three of the world’s most vibrant and
Comparative analysis between square foot prices revealed Miami’s averages to be noticeably lower than London and New York, signifying the considerable val-
sought after cities for affluent buyers.
ues to be found in South Florida.
24101 S Dixie Highway Offered at $3.567.200
HOMESTEAD
Worldwide Square Foot Prices in US$ Urban Apartments – 1,291 sq. ft. (120m2)
AUDREY ROSS 305 960 2575 miamirealestate.com
Findings from the research concluded that many buyers in the market are global citizens who choose to both invest in – and live in – a purchased property,
HOMESTEAD
exemplified through the fast pace of sales over the last
Ultimately, the report surmised that Miami, as well as New York and London, are on course for continued growth, singling out their desirable qualities, economic stability and lifestyle services.
48 months.
price per sq. ft.
Monte Carlo, Monaco London, UK Hong Kong Singapore Geneva, Switzerland Moscow, Russia New York, USA Paris, France Tokyo, Japan Stockholm, Sweden Sydney, Australia Rome, Italy Toronto, Canada Miami Beach, USA Beijing, China Frankfurt, Germany Miami, USA Sao Paulo, Brazil Fort Lauderdale, USA
US$ / Sq. Ft. $ 4,999 $ 3,218 $ 1,919 $ 1,645 $ 1,605 $ 1,556 $ 1,420 $ 1,429 $ 1,065 $ 890 $ 810 $ 788 $ 770 $ 735 $ 689 $ 459 $ 440 $ 399 $ 325
$5,000 $4,000 $3,000
Offered for Sale 8.000.000
Homestead Business Center & The Chamber Center 100% fully occupied strip mall with charter school, office & retail. Room for additional building.
$2,000
5-A CRE C OUNTRY E STATE & E QUESTRIAN F ACILITY
Vacant land with very liberal zoning directly on US1. High traffic area. Lot Size: 34,412 sq. ft. CORAL GABLES
GWEN ALLYN TAYLOR 305 282 0229
NORTH MIAMI
NANCY BATCHELOR NESTI MENDOZA 305 903 2850 917 405 5028 NancyBatchelor.com SOUTH MIAMI AREA
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$450.000
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276** S Dixie Highway
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Also Available for Sale…
This unusual apartment in Aventura offers 3,543 sq. ft. of interior living space plus 2,247 sq. ft. of terraces. Details on Page 6.
– $2.875.000
Mo
23777 SW 152 Avenue
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All tenants are long term. 8% Cap rate-per owner.
$
nt
#1 - 73,205 sq. ft. #2 - 10,256 sq. ft. #3 - 72,924 sq. ft.
$1,000
Stately 10,887 sf Main House: 4/4.5 + bonus room. Separate 2/2 Guest House. Pool, 2-car garage. All new construction. 25-Stall stable, 100 x 200 lighted arena & round pen, 2 barns, paddocks, groom’s quarters, trainer’s office, tack room. Low property taxes.
Elevator, Handicap Accessible, Kitchen Facilities, Landscaped, Office, Restaurant, Heavy Traffic
nd
3 Folio Numbers:
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692 North Homestead Boulevard
Key Biscayne House Tour EWM supports the Key Biscayne Chamber of Commerce ‘Lifestyle in Paradise’ Homes Tour On
February
FREE-STANDING COMMERCIAL BUILDING Free Standing office building with execellent visibility on prominent Coral Gables street. Easy access to downtown Coral Gables, Merrick Park, Coconut Grove and US1/S Dixie Highway. Many possible uses. 1,800+/- sf 4615 Ponce De Leon Boulevard
AUDREY ROSS 305 960 2575 www.miamirealestate.com
22
ewm.com
$900.000
Vacant land zoned RUSA district: semi-professional office uses such as an accounting office or a doctor’s office are permitted. 10,875 sf. – 75'x 145'
1595 NE 125 Street
6780 SW 80 Street
$950.000
$449.000 TOM BYRNE & CAROLE SMITH 305 785 5056
JOSEPHINE PAMPANAS 305 343 0517 JosephinePampanas.com
Biscayne
office
preneurs and technology
once
again
enthusiasts will descend
with the Key Biscayne
upon Miami for the inau-
Chamber of Commerce
gural eMerge Americas
A
DIVISION
OF
COMMERCIAL
EWM
R E A LT Y
Techweek expo. EWM is
in hosting the Chamber’s annual Homes of Key Biscayne:
proud to support the initia-
Lifestyle
in Paradise tour. Nearly 500 people toured
eMerge Americas May 2-6, 2014
six homes, representative of the island’s fine architectural offerings. Two of the homes were hosted by EWM
log on to… ewm.com/listings/commercial for more opportunities
From May 2 to 6, entre-
EWM’s
joined
VACANT LAND IN PRIME SOUTH MIAMI AREA
aassociates. In addition to enjoying a peek
Magnificent, custom built, 3-level home in Key Biscayne. Details on Page 11.
EWM R EALTY INTERNATIONAL , A BERKSHIRE HATHAWAY A FFILIATE
tive as a Silver Sponsor. The special event will serve as the preeminent thought-
exchange for global industry leaders and inves-
learn about each home’s unique history and
tors as well as IT decision-makers and innovative
distinctive architecture.
entrepreneurs. The conference will also feature
inside a sampling of Key Biscayne’s most
a competition called The Launch, extending to
I N T E R N AT I O N A L
A Berkshire Hathaway Affiliate
eMerge Americas plans exciting competition
8th,
Key NORTH MIAMI RENOVATED MULTI-FAMILY Remodeled 8 unit 2-story corner bldg in N Miami, 1 block west of Biscayne Blvd (US-1). Close to universities, transportation, downtown Miami, beaches, shops, restaurants. Strong rental demand strong in area. Low turnover & maintenance. 1 assigned parking space for each unit. Additional laundry income.
Tech Update…
iconic residences, participants in the tour
EWM has supported the Chamber’s fund-
companies across the Americas for a chance to
also took advantage of the opportunity to
raising event since it began four years ago.
win cash prizes and services valued at $150,000.