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Miami Luxury Homes Market March 2013

Miami's luxury homes markets

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Page 1: Miami's luxury homes markets

Miami Luxury Homes Market

March 2013

Page 2: Miami's luxury homes markets

2PARINVEST ASSET MANAGEMENT

Section 1: Areas of Study

Section 2: Venetians Islands Market

Section 3: Hibiscus, Palm and Star Islands Market

Section 4: Sunset Islands & North Bay Rd Market

Section 5: Indian Creek

Page 3: Miami's luxury homes markets

3PARINVEST ASSET MANAGEMENT

Luxury Homes Areas of Study

VENETIANS ISLANDS

SUNSET ISLAND & NORTH BAY RD

SUNSET ISLAND & NORTH BAY RD

HIBISCUS, STAR & PALM ISLANDS

HIBISCUS, STAR & PALM ISLANDS

INDIAN CREEKINDIAN CREEK

Page 4: Miami's luxury homes markets

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Waterfront Prices Per Square Feet

Page 5: Miami's luxury homes markets

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Waterfront Price Per Square Feet

Page 6: Miami's luxury homes markets

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Waterfront Price Per Square Feet

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Section 1: Areas of Study

Section 2: Venetians Islands Market

Section 3: Hibiscus, Palm and Star Islands Market

Section 4: Sunset Islands & North Bay Rd Market

Section 5: Indian Creek

Page 8: Miami's luxury homes markets

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Indian Creek Location

VENETIAN ISLANDS

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Venetian Islands Market

A chain of artificial islands in Biscayne Bay that connects both downtown Miami and Miami Beach. Real

Estate features a mix of beautiful, extravagant and luxurious waterfront homes and condos that reach

up to $30 million in value. Starting under $1 million, offer the experience of luxury living and the

seclusion and security of a tropical island residence.  Although waterfront properties on the Venetian

Islands range in the millions, the diversity of choices and prices is wide. During the last crisis prices

experienced a significant decline making this an excellent opportunity for investors to own properties in

the Luxuries Venetian islands.

City

of

Mia

mi

Mia

mi B

eac

h

Rivo Alto

Di Lido

San Marino

San MarcoBiscayne Island

Belle Isle

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Venetian Islands Historic Sales

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Venetians Islands Market Data

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Venetians Islands Market Data

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Venetians Islands Market Data

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Venetian Islands Market (Last Year Waterfront Closed Sales)

$6.2 MILLIONPRICE

SPREAD

$6.2 MILLIONPRICE

SPREAD

$932 PSFPRICE

SPREAD

$932 PSFPRICE

SPREAD

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Venetian Islands Market (Last Year Waterfront Closed Sales)

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Venetian Islands Market (Active Waterfront Homes)

$2,008 PSFPRICE

SPREAD

$2,008 PSFPRICE

SPREAD

$7.6 MILLIONPRICE

SPREAD

$7.6 MILLIONPRICE

SPREAD

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Venetian Islands Waterfront Active Homes Locations

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Example Renovated Property On Venetian Causeway

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Example Renovated Property On Venetian Causeway

Spectacular renovated waterfront home on Venetian Causeway. (Currently On Sale)

Finely appointed 5 bed/5.5 bath home boast unsurpassed quality and craftsmanship: lustrous marble & hardwood floors, vaulted ceilings, large chef's kitchen, media room, surround sound, koi pond, pool, dock and boat lift. Lush outdoor landscaping gives extra privacy. Large lot and a half, with 90ft water frontage.

($1,636 PSF)

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300 W Rivo Alto Dr Sale History

Previous Sales

Date Price $ $ / SqFt Feb-2006 $4,622,000 $720 Previous Purchase Price $4,622,000Aug-2005 $3,200,000 $499 Sala Price $10,500,000Aug-1973 $135,000 $21 Margin $5,878,000

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Property Location

PROPERTYPROPERTY

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Property Location

PROPERTYPROPERTY

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Example Renovated Property On Venetian Causeway

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Example Renovated Property On Venetian Causeway

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Example Renovated Property On Venetian Causeway

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Example Renovated Property On Venetian Causeway

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Acquisition Opportunity (300 W Rivo Alto Dr)

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Acquisition Opportunity

(300 W Rivo Alto Dr, Miami Beach, FL 33139)

Bank Owned opportunity

One of the Island's Best wide bay Views with north exposure overlooking small wild refuge island short distance away. home is elevated with amazing breeze & many windows.

Most of the property has not been renovated since the 70's and offers a great potential to renovate with cutting edge modern style, Dock, Boat lift and plenty of room for multiple boats

($482 PSF)

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Property Location

PROPERTYPROPERTY

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Property Location

PROPERTYPROPERTY

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Acquisition Opportunity

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Acquisition Opportunity

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Acquisition Opportunity

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Acquisition Opportunity

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Section 1: Areas of Study

Section 2: Venetians Islands Market

Section 3: Hibiscus, Palm and Star Islands Market

Section 4: Sunset Islands & North Bay Rd Market

Section 5: Indian Creek

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Hibiscus, Palm and Star Islands Location

HIBISCUS, PALM & STAR ISLANDS

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Hibiscus, Star & Palm Islands Historical Prices

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Hibiscus, Star & Palm Islands Market Data

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Hibiscus, Star & Palm Islands Market Data

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Hibiscus, Star & Palm Islands Market Data

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Section 1: Areas of Study

Section 2: Venetians Islands Market

Section 3: Hibiscus, Palm and Star Islands Market

Section 4: Sunset Islands & North Bay Rd Market

Section 5: Indian Creek

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Sunset Islands & North Bay Rd. Location

SUNSET ISLANDS & NORTH BAY RD.

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Sunset Islands & North Bay Rd Historical Prices

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Sunset Islands & North Bay Rd Market Data

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Sunset Islands & North Bay Rd Market Data

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Sunset Islands & North Bay Rd Market Data

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Section 1: Areas of Study

Section 2: Venetians Islands Market

Section 3: Hibiscus, Palm and Star Islands Market

Section 4: Sunset Islands & North Bay Rd Market

Section 5: Indian Creek

Page 48: Miami's luxury homes markets

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Indian Creek Location

INDIAN CREEK

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Indian Creek Historical Prices

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Indian Creek Market Data

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Indian Creek Market Data