Friday, August 23, 2013

Home Prices in Miami-Dade Soared 25.7 Percent in July to a Year Earlier



The median price of a single-family home in Miami-Dade soared 25.7 percent in July to $230,000 from $183,000 a year earlier, the Miami Association of Realtors said. Single-family home sales in Miami-Dade jumped 27.3 percent in July to 1,227 closings from 964 a year earlier. That marked the highest sales volume since 2005, when the median price was $351,200.

What’s driving the market? Supply — there isn’t much — and demand — a lot of buyers are racing against rising mortgage interest rates. However as  Lawrence Yun, chief economist for the National Association of Realtors, warned Wednesday that the impetus from rising rates will only go so far. “The initial rise in interest rates provided strong incentive for closing deals. However, further rate increases will diminish the pool of eligible buyers,” Yun said in a statement.

The average rate on a 30-year, fixed-rate mortgage is 4.74 percent, up more than a full percentage point from 3.61 percent in early May, according to HSH.com, a Riverdale, N.J., mortgage-information firm. *Source Miami Association of Realtors.
Don’t hesitate to contact me regarding your Real Estate needs at 954.254.6085 or email me at JuanSolerRealtor@gmail.com

To Buy, Sell or Rent Properties in Miami go to
To see Miami Properties Go to http://www.JuanSolerRealtor.com


Thursday, August 22, 2013

Peloro Miami Beach


Peloro Miami Beach
Quick Facts
Location 6620 Indian Creek, Miami Beach, Florida
Architect Revuelta Vega Leon LP
Developer SMG (Partners include Shamrock Holdings, investment
vehicle for the Roy E. Disney Family)
Number of Stories 7
Total Residences 113
Bedrooms 1, 2 & 3 (including 2 story Townhomes & Penthouses)
Residence Size 635 - 2,268 s.f. under AC
Price Range $350’s - $1.8M
Payment Structure 10% @Reservation; 10% @contract; 20% @GB;
10% @top off; 50% @closing
Completion Date Late 2014
Views Waterfront
Pet Friendly Yes

• 113 luxurious units surrounded by breathtaking bay and skyline views
• Perfectly situated in mid beach on Indian Creek and the Bay just minutes away from Bal Harbour and South Beach
• Unique amenities with full service concierge and valet
• Walking distance to the beach—directly across the street
Description Situated on the western shores of the isle of Miami Beach, Peloro delivers the many advantages and privileges of being a beach resident. Besides being home to the iconic Art Deco district, Miami Beach also boasts amazing recreation centers, golf courses, tennis facilities, water parks, and vibrant festivals throughout the year. It is also where you’ll find one of the area’s top hospitals, Mt. Sinai, and many of the district’s top schools. Living at Peloro grants you all this, plus a central location close to downtown business districts in both Miami and Fort Lauderdale.

Like the lighthouse that inspired it, the entire Peloro structure is designed to capture and direct light in all directions. Large open spaces run the entire building height – leading into a grand atrium highlighted by geometric waterfalls and lush tropical landscape. The infinity-edge pool seems to flow directly into Biscayne Bay. Rooftop sunrise and sunset decks embrace the sun with limitless views. Glass-framed balconies and floor-to-ceiling windows grant panoramic vistas of the bay and city skylines.

1-, 2-, and 3-bedroom floor plans
Penthouses with private roof terraces and whirlpools
Large private balconies with stunning water and city views
Sweeping floor-to-ceiling windows, made of impact-resistant glass
Steam shower in master baths
Amenities Boat Slips - Marina - Smart Building - Pool - Spa - Fitness Center - Security - Valet - Concierge - Business Center/ Conference Room- Porte cochere entryway -Double-height lobby with floor to ceiling windows-Interior atrium with waterfalls, gardens, and sitting areas- Waterfront swimming pool, whirlpool, and sun deck- Elegant multi-function room with sofas, WiFi internet, LCD television and more


Residences  With a planned completion date of late 2014, Peloro will be perfectly situated in mid Miami Beach on Indian Creek and the Bay, just minutes away from Bal Harbour and South Beach.  Peloro features 115 luxurious units, surrounded by breathtaking bay and skyline views. Walking distance to the beach, directly across the street.
The condo Peloro features 7 stories and 115 one, two and three bedroom units, including 2 story townhomes and penthouses. Units range in size from 635 sq ft to 2,268 sq ft.

There are still some units available at Peloro. For Reservation please contact me at 954.254.6085 or  email me at  JuanSolerRealtor@gmail.com
Time is always of the essence but much more in Pre-construction. Don't miss this window of Opportunity!
To see Miami Properties Go to http://www.JuanSolerRealtor.com