Miami Real Estate Blog » Downtown Miami Condos

Marquis Condos

Samir Patel — Thu, 14 May 2009 06:14:27 +0000

MARQUIS is here! Well almost. Marquis Condo is just a few weeks away from beginning closings and during the last week I had a few chances to get into the building and get my fix. I have been dying to get into this building. Marquis is located at 1100 Biscayne Blvd and stands 67 stories tall (the second tallest residential building in Miami, behind the Four Seasons) across from Museum Park and Biscayne Bay. I was extremely excited to finally get in with my clients over the last week to look at many of the floorplans. I had a chance to preview 1 bedroom with dens, 2 bedrooms, 3 bedrooms and even an incredible 4 bedroom. Marquis is the last Downtown Miami Condo to open and the last in the Biscayne Wall which consists of Ten Museum Park, Marina Blue and 900 Biscayne Bay. Unlike many of the other developments built in Miami recently, Marquis includes only 306 exclusive residences and a boutique hotel within the building. The Hotel is named TEMPO Miami and is a RockResorts® Hotel. This is a great feature for when you have visiting friends from out of town. You can put them up in the hotel and still be close enough. The hotel only consists of 56 rooms and is located between the 3rd and 14th floors so I wouldn’t expect the hotel patrons to be in the way of the full time residents of Marquis. Marquis also will house a signature restaurant and I hear that a major chef is coming to the building. I won’t disclose who until it’s official but its big! So the first impression I had of the building was as I entered the lobby. There is a valet entrance with separate lobbies for the residents and also for the hotel. As we entered the lobby I noticed that every inch of the lobby was covered in some material. The walls were clad with Marble, Stone and Wood. A great feature is the private elevators to most lines in the building. We took the private elevator up to one of the floors and we took a look at the two bedroom one-story units which was a flow through unit offering both East and West views like most units in the building. I also was able to see a huge 4 bedroom on the North East corner and a large 3 bedroom on the South East corner. The views were mind-blowing from all units. The kitchens were very sleek with all Viking appliances, and the spacious master baths were appointed with Duravit and KWC fixtures. The terraces were huge and all living spaces had minimum 10-foot ceilings with 20-foot ceilings in some areas. The interior doors were also impressive, they went all the way up to the ceiling. Anyway here are the photos:

Marquis Lobby:

South Views from Marquis:

North Views from Marquis:

Marquis Kitchens:

Marquis Baths:

Marquis just WOW!

For showings of Marquis call me at 305-503-6183 – Samir Patel – Miami Condo Realty, Inc.

Everglades on the Bay Condos

Samir Patel — Sat, 11 Apr 2009 01:53:29 +0000

In October I had my first sneak peek of Everglades on the Bay. Everglades on the Bay is a brand new luxury condominium development in Downtown Miami directly across from Bayfront Park. The development consists of twin towers standing 49-stories tall and consists of many different types of units including lofts, flats, penthouses and studios. The views from Everglades on the Bay are quite impressive but I wish they had used more glass throughout the building. Anyway take a look for yourself at our photos:

A few of the features of Everglades on the Bay are a Fully equipped multi-function business center, State-of-the-art spa and fitness center, Private men’s and ladies’ saunas, steam rooms, a 100,000 square foot, 8th floor amenity deck, Ground level retail, Billiard room and more. For units available at Everglades on the Bay call Samir Patel at 305-213-0336. For listings of Everglades on the Bay Rentals goto http://www.miamicondorealty.com/everglades-on-the-bay/

Everglades on the Bay Views:

Everglades on the Bay Kitchens:

Everglades on the Bay Baths:

Everglades on the Bay Pool Deck:

Marina Blue Condo Another Bulk Sale – Lender Acquires 56 Units – Building Now 93% Closed!

Samir Patel — Tue, 07 Apr 2009 01:36:07 +0000

Lendco Florida LLC has acquired 56 units in Marina Blue Condo according to South Florida Business Journal and Miami-Dade County public records. The transaction was valued at $15.7 million. This is the second bulk deal to take place in the 516-unit Marina Blue Condominium in the last six months and this would total the closed units at 482 resulting in a 93% closing rate. Chicago based Corus Bank has issued a satisfaction of mortgage notice on its first mortgage to the developer of Marina Blue. In December of 2008 the developer sold 60 units in a bulk sale to Singer Island based Welcome Bay Inc. for $13 million.

This is good news for the residents of Marina Blue. Residents can breathe a little easier knowing that most of the units are now closed. Financing for new buyers in the building has been plagued due to these bulk deals and in conforming to Fannie-Mae guidelines. For the short-term new buyers into this building will be required to pay all cash or acquire a Non-Fannie loan at above market rates. I expect some of the Fannie-Mae guidelines to be rolled back eventually but we don’t know when.

Here are photos from Marina Blue:

Marina Blue Condo #2302 – ONLY $250,000! – Lowest Price Bay View 1 Bedroom – SHORT SALE!

Samir Patel — Mon, 30 Mar 2009 18:50:51 +0000

Update: This unit has been sold

~~We just listed~~ We just reduced the price on Unit 2302 in brand new Marina Blue Condominium for sale. ~~Our client is motivated and says bring us offers.~~ Now a Shortsale! All offers are subject to lender approval. Call for details! Cash buyers preferred! This unit is in the 02 line which has views of Downtown, Bayside, American Airlines Arena, the Port of Miami, Biscayne Bay and parts of South Beach in the distance. The architecture is exciting with floor-to-ceiling and wall-to-wall windows. A definite must see. If you’ve seen our earlier posts of the amenities of Marina Blue, i’m sure you will agree this is one of the buildings on top of many buyer lists. This is the lowest priced 1 bedroom currently for sale on the higher floors. For sale @ ~~$349,000~~ ~~$299,000~~ $250,000 Short Sale!. This is far below developer pricing and comparables!

MARINA BLUE – 02 Line
1 Bedroom and 1.5 Bath
843 sq ft – Interior
152 sq ft – Terrace

EPIC Miami Condos

Samir Patel — Mon, 05 Jan 2009 06:41:24 +0000

EPIC Miami Condo Residences and Hotel – A few months ago I toured EPIC Condominium while the building was finishing up construction and before the Hotel opened. Below you will see the photos from that visit. EPIC is a mixed use project featuring 411 hotel rooms and suites, 360 condominium units and restaurant facilities. EPIC is located at the mouth of the Miami River on the Downtown Miami side and across from Brickell. The Hotel, managed by Kimpton Hotels & Restaurants just opened on December 15, 2008. Hotel amenities include a 13,752-square-foot wrap-around pool deck with private cabanas, fine and casual waterfront dining, a spa and fitness center operated by Exhale, a waterfront lounge, 11,000 square feet of indoor meeting space, and a private marina. All of these features are available to residents of the Condominum Residences as well. Here are the photos of EPIC Miami:

EPIC is the product of developer Ugo Columbo of the famed Santa Maria development. Among the many features of this building are a magnificent bayfront location in Downtown Miami, restaurants at ground floor and brands including Snaidero, Miele, Bosch and Subzero in all units.

As I was researching information on the Internet for this article I also found a video clip of the EPIC Hotel Lobby produced by M Silver Associates Inc.

Here is that video:
(Please note this video was uploaded in HD. A fast internet connection is required for playback. Please wait for the entire video to load and click replay if having problems.)

If you are interested in buying or leasing a unit at EPIC in Downtown Miami please review the inventory here: EPIC Condo Sales and EPIC Condo Rentals. Since the building is in the early stages of opening we also have more inventory which we can not display online. So for the best deals on sales or rentals please call us.

EPIC Miami East Views:

EPIC Miami North Views:

EPIC Miami South Views:

EPIC Miami West Views:

EPIC Miami Pool Deck:

EPIC Standard Kitchens:

EPIC Standard Baths:

Ten Museum Park Video Tour – Line 01 Corner Unit

Samir Patel — Mon, 29 Dec 2008 03:18:03 +0000

Many months ago, when Ten Museum Park opened up in Downtown Miami, I went over to shoot some video clips of a few of the units. I made sure to shoot video of the “01 line” which is the South East corner unit. This line was the preferred line during the pre-construction sales period and has since remained the preferred line besides the penthouses. Soon the spa at Ten Museum Park will open, and I expect renewed interest in this building and in this line therefore I have taken the time recently to go through my archives and edit and put this video online. The East facing units at Ten Museum Park are among the most unique condominium units available on the market. Each unit is in excess of 1900 square feet and have 20-foot floor-to-ceiling windows.

Anyway here is the video:
(Please note this video was uploaded in HD. A fast internet connection is required for playback. Please wait for the entire video to load and click replay if having problems.)