ONE Sotheby’s Unveils Video Spotlight on South Florida

 

With the approach of the Global Networking Event, hosted by Sotheby’s International Realty Affiliates in Miami this September, ONE Sotheby’s International Realty has launched a new corporate video that spotlights South Florida’s incredible real estate opportunities. The video features top community and business leaders including Alyce Robertson, Executive Director of the Downtown Development Authority, Michael Goldberg, Chairman of the Miami Beach Chamber of Commerce, and Dan Lindblade, President and CEO of the Fort Lauderdale Chamber of Commerce. Each one shares their perspective on what makes South Florida a world-class city that is attracting investors from all around the world.

ONE Sotheby’s Founder and CEO, Mayi de la Vega, and President, Daniel de la Vega also share quotes on what makes Miami and Fort Lauderdale major metropolitan areas, which include exceptional new pre-construction projects designed by starchitects like ONE Thousand Museum, the Ritz-Carlton Residences, Miami Beach and Brickell City Centre among others. By watching the video, viewers get a strong sense of South Florida’s impressive growth and the luxury lifestyle that it offers.

YouTube Preview Image

 

Significant Sales- Second Quarter 2014

 

Significant Sales

As a market leader in the luxury real estate sector, it is no surprise that ONE Sotheby’s International Realty’s Significant Sales in the Second Quarter of 2014 are comprised of the best properties in South Florida. With more than 350 top agents spread across nine offices in Miami-Dade and Broward counties, the firm has excelled in selling extraordinary homes to a distinguished international cliente.

Here we take closer look at those homes and the prices they sold at, all in the multi-million dollar category. 

Significant Sales

Exclusive Development- RIVA Fort Lauderdale

 

RIVA, the exclusive luxury pre-construction development, is closer to becoming a reality. Demolition of the current site has been completed and the official groundbreaking is set for this coming winter, which will set in motion the construction of the only waterfront project in Fort Lauderdale. Situated on the Middle River, RIVA will offer 100 ultra-luxe residences close to the Galleria Mall, the Las Olas shops and restaurants and most importantly, the area’s beautiful beaches.

RIVA’s residences will range from 2 to 3 bedrooms, with prices starting at $645,000. You’re invited to visit the waterfront Sales Gallery at 1180 N. Federal Highway in Fort Lauderdale or contacting the sales team for information on available inventory at (954)233-3288. www.riva-condo.com

Riva

The Launch of Miami Spice Restaurant Month

 

One of the most anticipated Summer events on the foodie calendar, Miami Spice Restaurant Month launched this weekend. The two month campaign to lure locals to hot spots throughout South Florida offers discounts on 3-course lunch and dinner menus at the city’s leading dining destinations. As you peruse the participating restaurants, we have a guide to some of the best options. Enjoy before the busy season starts and reservation lines expand with international & domestic visitors!

MS-logo

Downtown Miami:  Zuma

Zuma is a perennial favorite, but during Spice their lunch menu shines with sashimi options and impeccable service. Visit the Brickell City Centre sales gallery while you’re in the area!

Brickell Key – Azul

The newer restaurant at Mandarin Oriental offers one of the best values of the promotion with an amazingly delicious appetizer-entree-dessert combo.

Miami Beach – The Forge

With a rejuvenated menu offering and recent glowing reviews, Miami Beach’s original steakhouse continues to lure guests with classic Miami Spice dishes.

Bal Harbour – J&G Grill

Award winning chef and pastry chef team at beautiful J&G Grill have collaborated on fresh modern fare that they’ll tweak frequently between now and Sept 30th. The ocean views don’t hurt either!

Coral Gables – Ortanique

The Spice Menu changes daily courtesy of chef-owner Cindy Hutson at this classic Coral Gables resto.

Coconut Grove – Gibraltar

The Grove Isle Hotel’s restaurant commands an amazing position overlooking Biscayne Bay and the Miami skyline. We suggest the grilled veal chop with truffled artichoke-brussels sprouts hash.

Contact any ONE Sotheby’s office about trending lifestyle guidance locally and abroad.

ONE Sotheby’s Gains Top Market Share

 

In today’s competitive South Florida real estate market, ONE Sotheby’s International Realty is thrilled to announce that the firm has reached the #1 spot for market share in condo sales over $500,000 in both Miami-Dade and Broward counties. This accomplishment has been possible because of the dedication and professionalism of our agents, considering that the companies trailing ONE SIR have more than the double the amount of brokers.

With more than a dozen pre-construction developments under their belt, ONE SIR’s Exclusive Development Sales Department also continues to be a definitive force in South Florida’s luxury real market. Through their effective marketing and international outreach efforts, the team has been successful in selling out some of the most high-end projects in Miami Beach and other areas.

Congratulations to all and we look forward to your continued success!

Market Share

Legal Considerations: Drone Usage in Luxury Real Estate

 

A successful real estate agent is always looking for a new way to convey the unique attributes of a property. As video becomes a strong part of an integrated online marketing strategy, we’re seeing real estate agents popping up from the crowd by taking to the skies. The tactic of using remote-controlled aircraft, or drones, to conduct bird’s-eye views of home, land, and commercial properties is emerging as a great way to interest potential buyers. Drones create the potential to convey the beauty of unique waterfront homes and their views in South Florida, for example. If a picture speaks a thousand words, video is the next frontier.  There are endless possibilities for how drones could benefit the real estate industry.

Estate Agents wait for FAA regulation on drone usage

Estate Agents wait for FAA regulation on drone usage

But not so fast.  The widespread use of drones has created a number of critics, particularly with the Federal Aviation Administration.  The FAA has proposed and established numerous regulations that restrict and regulate who can use commercial drones for commercial purposes.  The FAA has taken a very expansive and aggressive stance on their ability to regulate and restrict commercial drone use; e.g. the FAA’s position is that anyone who wants to fly an aircraft for commercial purposes, manned or unmanned, in U.S. airspace needs some level of FAA approval.

Earlier this year, a judge overruled the FAA’s enforcement on a number of drone violations, while at the same time upholding a$10,000 FAA fine that was issued to a real estate agent for using drones in their business.  The path forward is pretty murky, as both legal precedents and regulations are sometimes conflicting with each other.   Real Estate interests are struggling to balance safety, compliance, and privacy while satisfying the client hunger for the “cool factor” benefits provided by the sky views and HD-quality videos that often go viral online.

The FAA says that they have been working to clearly define rules as drones become cheaper and more widely available globally.  Others point out that the agency has been working for a decade on safety regulations to allow commercial drone flights, but has yet to offer any.   And while the FAA deliberates, nations like Canada, Australia, Japan and the United Kingdom are green lighting the practice.

The National Association of Realtors officially recommends that real estate agencies not use drones “until the FAA issues further guidance or regulations.”  Stay tuned.

 

First Brickell City Centre Residential Tower Half Sold

 

Residential inventory for Brickell City Centre’s first tower was released just a short time ago and we are excited to announce that it is half sold. ONE Sotheby’s International Reaty, along with Fortune International has been the sales and marketing force behind the project, which is being developed by Swire Properties. Brickell City Centre is one of the most exciting developments happening in all of South Florida and is bringing international attention to the area with high-end retail, fine dining and office space.

Alan Araujo from the ONE Sotheby’s team at Brickell City Centre is quoted in a recent article in Miami Today on the current sales:  “This is the most expected project in South Florida, not just Miami. Everything that’s going on [with construction] in Brickell is because of Brickell City Centre.” Sales for the second tower will begin soon and are predicted to go as quickly as the first tower is.

Read more about the news in Miami Today: Brickell City Centre Tower Nearly Half Sold

Brickell City Centre

Significant Sale: 4 Tahiti Beach Island Road

 

One of the most stunning waterfront homes in Coral Gables is officially off the market after being sold by ONE Sotheby’s International Realty’s luxury estate broker, Saddy Delgado. The estate closed for $18,000,000 after just a short time of being listed and ranks among the highest sales this year. The majestic estate spans over 21,000 square feet of living space in the ultra-private enclave of Tahiti Beach in the gated Cocoplum neighborhood.  No expense has been spared in the construction of the home and it features a private beach, wine cellar, theater room, meditation room, gym and even an elevator to navigate its three floors. Congratulations to Saddy for successfully managing the listing and closing the sale!

4 Tahiti Beach Rd. big43630 big43631 big43629 big43632

Bloomberg News- Miami Among Top Market For Cash Buyers

 

In today’s rebounding real estate market, cash continues to be king. Bloomberg News put together an analysis of the top 30 metro areas in the country for cash deals and found Miami to be at the top of the list. “Homes bought in Miami were purchased with cash 6.9% of the time. Even the most expensive homes changed hands in cash deals roughly half the time,” the article reads. For the past several years we have seen this cash trend stay strong, particularly among luxury and international buyers looking to invest in Miami. As construction continues to boom and more inventory comes into the market, we will continue to see cash deals happening regularly.

Other cities on the list for top cash deals include Tampa, Orlando and Jacksonville in Florida, as well as Chicago, Cleveland, Detroit and Milwaukee. See the complete list on Bloomberg News: Markets Where Buyers Are Bringing The Money 

 

Miami Bloomberg

 

4th of July Celebrations in South Florida

 

Independence Day is upon us once again, and that means celebrating with family and friends, barbecuing and catching fireworks, of course! We’ve put together a list of the best places to see all the action and show off your stars and stripes.  

Key Biscayne- Don’t miss the annual 4th of July Parade down Crandon Blvd. that starts at 11am followed by a picnic on the Village Green and a magnificent fireworks display at the Key Biscayne Beach Club promptly at 9pm. (550 Ocean Drive, Key Biscayne)

Aventura- The City of Aventura presents its 19th annual fireworks display along Country Club Drive. Grab a spot at the Turnberry Isle Golf Course and get ready for an amazing show that starts at 9pm. (19999 West Country Drive, Aventura)

Miami Beach- All the action will be at the North Shore Bandshell where visitors will enjoy and all day festival with live music by the Spam All Stars, DJs, and food trucks. The fireworks start at 9pm. (73rd and Collins Ave.)

Coral Gables- Many call the fireworks at the Biltmore the best they have ever seen. Picnic with family and friends starting at 5pm and enjoy a live concert followed by an impressive light show at 9pm. (1200 Anastasia Drive, Coral Gables)

Fort Lauderdale- The City of Fort Lauderdale’s 4th of July Fireworks Spectacular starts at 12:30pm and runs throughout the day. Activities include a Kids Zone and a live concert and fireworks starting at 9pm. (A1A and Las Olas Boulevard)

Downtown Miami- Head to Bayfront Park and celebrate “America’s Birthday Bash”, which will feature fun activities for kids, a beer garden, giveaways, photo opportunities and much more. Fireworks begin at 9pm. (301 Biscayne Blvd.)

Coconut Grove- Grove locals head to Peacock Park for festivities that begin at 5pm, followed by fireworks at 9pm. Whether you’re at the park or watching from your boat on the water, there’s no bad view! (2820 McFarlane Road, Coconut Grove)

4th of July