Miami Real Estate Blog

Update: This unit has been sold.

So I had to take a moment to make all of our readers aware of one of our listings which we believe to be a great value at Quantum on the Bay. Unit 2815 is a fully upgraded 2 Bedroom and Den in the North Tower with unobstructed Biscayne Bay views. It is 1460 sq ft and this unit unlike the developer units has been upgraded with Travertine floors throughout, high-end window treatments, lighting throughout and the den has been enclosed and can be used as a third bedroom. This unit was originally purchased by the seller directly from the builder for $462,000 and then upgraded. We are currently asking $399,000 for a quick sale. This is a great deal for an end-user who is looking for a turnkey condo in a new building in the greater Downtown area. For showings call Samir Patel at 305-503-6183.

Here are the photos:

View from Quantum on the Bay #2815:

View from Master Bedroom in Quantum on the Bay #2815:

Here is the floorplan:

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.

Where to buy a 3 bedroom condo in Miami for around $200,000? We have it. Altos de Miami is on sale! Recently I took a personal tour of Altos de Miami with a close friend who is the exclusive broker for the new developer. Altos de Miami is a brand new condominium development in an area I would consider Gables/Grove. It is centrally located with easy access to Downtown Miami to the East, Coconut Grove to the South, Coral Gables to the South West and Jackson Memorial to the North.

I was not very familiar with the area prior to taking my tour but I discovered the location to be convenient, pricing to be much affordable and the construction to be good quality. You get floor-to-ceiling glass and terraces in most units which is great because you have panoramic views of the Downtown Miami skyline. I actually thought it would have been interesting if the building had been built many years ago residents would have been able to see all the construction cranes working vigorously on the skyline. So the building offers on-site parking, security, a small gym, on-site retail, and a huge sun deck. There is no swimming pool in the building but that is good I guess as that keeps maintenance costs low. Pricing on 1 bedrooms begins from $99,900, 2 bedrooms from $159,900, 3 bedrooms from $182,900, and two-story penthouses from $197,900. And the best part – this is developer pricing! So no messy short-sales or foreclosures to deal with. Call me to schedule a personal tour – Samir Patel – Miami Condo Realty, Inc. at 305-503-6183.

Altos de Miami Lobby:

Altos de Miami Model Unit:

Altos de Miami Views:

Altos de Miami Photo Gallery:

ICON Brickell Condo is Fannie-Mae Approved! At least tower one is according to the new list published by Fannie-Mae on their website efanniemae.com – take a look. Looks like Related Group is working over-time to get these projects approved. They recently received Fannie-Mae approval on 500 Brickell as well. This means that ICON Brickell now qualifies for conventional lending from the major lenders as long as the buyer is credit-worthy and the loan amount is within the Fannie-Mae approved loan limits. This is good news for Related and should assist them in closing many more of the units. Prices at ICON Brickell start from the mid $200,000’s for studios. For showings call Samir Patel, Licensed Real Estate Broker of Miami Condo Realty, Inc. at 305-503-6183.

Here are photos from ICON Brickell:

ICON Brickell is one of my favorite developments. It is definitely like a vacation condominium development. Here are some of the features of ICON Brickell:

• Unique, ultra-contemporary architectural design, a site surrounded by two parks, Biscayne Bay and Brickell Avenue
• A ten-acre enclave and approximately 1,000 feet of water frontage (including the parks) to stroll, jog or find a shady spot and spread a blanket
• A convenient dock in Biscayne Bay for residents and visitors to moor their vessels for a few moments or a few hours
• A spectacular, two-story entrance and valet drop-off
• Two full-service bayside restaurants
• A spa and fitness center with amenities normally associated with a five-star resort spa
• Smart building technology with “i.c.o.n.” (interactive concierge on demand network) in every unit
• Wireless technology on the sky terrace and other common areas
• Multi-level covered parking
• Full-time concierge staff offering a full range of services includinghousekeeping, laundry and dry cleaning, 24-hour valet service, mail and package reception
• A two-acre, lushly landscaped outdoor living room and sanctuary more than 100 feet above Biscayne Bay
• Row after row of stately japanese blueberry trees and lounge chairs that flank a spectacular 300-foot long swimming pool divided into a wading pool (where tables and chairs may sit in the water), a thermal hot tub and an Olympic-length lap and recreational pool overlooking Biscayne Bay
• An outdoor fireplace overlooking downtown Miami to take the chill off on a January night while you play floor chess

Samir Patel is a licensed real estate broker with Miami Condo Realty, Inc. and author of the Miami Real Estate Blog – www.MiamiRealEstateBlog.com. Samir can be reached at 305-503-6183 or by email at sales@miamicondorealty.com. Be sure to check out all of Miami Condo Realty’s featured properties for sale online at www.MiamiCondoRealty.com.

Copyright © 2009, Miami Condo Realty, Inc.

Call me today to get the best deal on the market. Waterfront Quantum on the Bay with never before available prices. Prices much below 5 years ago. This is the last of the inventory in Quantum on the Bay. Limited deals are available for qualified buyers! Quantum on the Bay is Fannie-Mae approved so you should have no problems closing with a mortgage. We have only a few remaining units.

Here are photos of Quantum on the Bay:

• 1 bedrooms available from below $200,000
• 1 Bedroom + Den from below $240,000
• 2 Bedroom from below $300,000
• 2 Bedroom + Den from below $360,000
• 3 Bedrooms from below $400,000

These prices are only available to qualified buyers for this week. So do not hessitate to contact me. Call me for showings @ 305-503-6183 – Samir Patel, Licensed Real Estate Broker – Miami Condo Realty, Inc.