MIAMI BEACH FOR LESS! FAST CASH BUYS YOU CANNOT MISS!

Saturday, October 08, 2011

Tags: Miami: Predios/Buildings, The Floridian, West Avenue., imoveis miami, Bay Garden Manor, The Flamingo, Miami: Neighborhoods/Bairros, imobiliaria, corretora, The Mirador, brasileira

It may not be in the super lux condos, but Real Estate in Miami Beach for less 100K is a possibility. Listings of 100K or less are popping up in searches in a fast market of cash buys in many of the old buildings in Miami Beach. Some of the them, such as the Bay Garden Manor, located on West Avenue, has passed their 40-year certification and gone through an architectural face lift which included new hurricane proof windows and fresh coat of paint. Its units are fast changing hands as old owners can no longer afford piled up bills on building assessments. Today I visited few options on West Avenue, few blocks from Lincoln Road and on the edge of Biscayne Bay. I saw units below $100K totally renovated. Some featured bathrooms with mosaic walls and white glass tile floors. One in particular, at $97K had generous windows with 180 degrees of views of the bay overlooking the downtown skyscrapers in the distance. They are small apartments, studios or one-bedroom the most, but these are the units being swallowed up fast by the international investors who like to come to Miami once a year to shop, eat and enjoy the city’s crystalline ocean. Off season, they are rented to students or young professionals. These units are generating about $1500 per month in rent and condo fees are lower than $500 monthly. Some are listed as short sale approved, others are negotiated as normal listings. Buyers should be aware that many tenants owe large amounts to the condo associations. Your real estate professional should exercise extreme diligence to unfold all details on the property, but otherwise, buyers should feel like a kid in candy bar stocked with cheap jelly beans!
Follow @geanemiami in twitter

Email this post:

LEAVE A COMMENT

Name

Email Address

URL

Remember personal info?

Comment

< Back

Bay Point CenterBay Point Center is a completely renovated four-story commercial building locate...

Noticias sobre o mercado imobiliario em Miami

South Beach Web Cam, Live South beach Webcam

Chariff Realty Group
4141 NE 2nd Ave Suite 200-b
Miami, Florida 33137
Phone: (305) 576-7474
Fax: (305) 576-7494
Email: info@chariff.com

Ruben Matz has joined Chariff Realty Group
Ruben Matz has joined Chariff Realty Group to launch a recently approved Biscayne Boulevard...

Dacra's Plans for the Miami Design District
Finally, DACRA’s Plans for the Miami Design District By Sean McCaughan DACRA’S...

50 BISCAYNE: FRESH AS EVER & CHARIFF OFFERS TOP LISTING IN THE BUILDING FOR $1.690.000,00
Now that the Downtown Development Authority announced officially that nearly 93% ...

Design District site sells for $11 million
Another Done Deal- SOLD! $11 million - Development Site in the Miami Design District. 57,000...

MyBrickell: Beacon of a Great 2012!
MyBrickell: Beacon of a Great 2012! 2012 marks a turning point in the real estate...

Waterfront Living at 6307 Allison Road
Allison Island is quietly tucked away between the Miami Beach mainland and the two island...

Giving Thanks to all our customers: buyers, sellers, owners and renters!
The Real Estate market in Miami is a moving target: the day brings sales, buyers, gigantic...

SOLD! $7,000,000 or $1,048.53 per square foot - 92 NE 40th Street Miami Design District.
Another Done Deal- Record Breaking! SOLD! $7,000,000 or $1,048.53 per square foot - 92...

A Classic Home in Coral Gables
If you're looking for a great piece of Miami real estate, you can't go wrong by choosing...

$27 million for four Design District properties
Developer Craig Robins is continuing his buying spree in the increasingly-active...

< Visit Our Chariff Realty Group Blog

Today's Real Estate News and Advice Updated: Thursday, May 17, 2012

Mortgage Applications Increasing as Mortgage Rates Fall Again
ith the Euro-zone back in the news, it was inevitable that mortgage rates would fall again. Inv...
> Full Story

Why Spring Listings Blossom
Nature is in full bloom across the nation. Many of today8217;s homeowners are unaware that Spri...
> Full Story

Ask the HOA Expert
We have a complete board turnover coming at the upcoming Annual Meeting. Some owners want to se...
> Full Story

Xeriscaping: Gardens That Thrive on Looking After Themselves
Are you ready for a garden that loves to take care of itself? PJ Wade examines qwerty in the ga...
> Full Story

Veterans Understand Service
Military veterans who work as brokers and agents apply their training to a multitude of circums...
> Full Story

9th Circuit Court Upholds Right to Discriminate in Roommate Case
In the privacy of your own home, you can take off your coat, kick off your shoes, let your guar...
> Full Story

What Nordstrom Can Teach Todays Real Estate Professionals
Ever been to Nordstrom store? Its truly like no retail experience youve ever had. Why? Because ...
> Full Story

Real Estate Outlook: Median Existing Home Prices Balance
The latest quarterly report from the National Association of Realtors NAR shows that median exi...
> Full Story

Second Consecutive Week Of Record-Low Fixed Mortgage Rates
In Freddie Macs results of its Primary Mortgage Market Survey, the average fixed mortgage rates...
> Full Story

Exchange of Commitments - Exclusivity
A Champion Agent commits themselves to a high service standard. That service standard is commun...
> Full Story