Wednesday, November 27, 2013


PRIVE - PRE-CONSTRUCTION CONDOS IN AVENTURA





The sole address on South Florida’s last undeveloped private island, Privé is an exclusive lifestyle offering with world-class services, five-star amenities and absolute privacy, all surrounded by open air, sea and sky. Privé is a secluded enclave of 160 grand residences in twin, 16-story towers.
The residences range in size from 2,585 to over 5,600 square feet of indoor space, plus expansive terraces. All residences feature private elevator entries, flow-through floor plans with 10-foot glass from floor to ceiling, expansive east/west water views, European kitchens and bathrooms, and outdoor summer kitchens.


160 Residences
16 Floors
$1,9MM  to  $10,9MM


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LOCATION

Situated on an eight-acre private island in the Intracoastal Waterway, Privé is ideally located at the epicenter of Aventura, accessible through the gated enclaves of Williams Island and Island Estates.
From this enviable location, Privé residents can enjoy immediate access to the adjacent and neighboring marinas, Aventura Mall, Turnberry Country Club & Resort, Gulfstream Park, along with a myriad of fine dining options and boutiques.

Within twenty minutes of Privé, you can drive to either Miami or Fort Lauderdale International Airports, Las Olas Boulevard, Downtown Miami, Bal Harbour, the Miami Design District, Midtown Miami, Coconut Grove, Hollywood Beach, Bal Harbour, South Beach,



Coral Gables, or Miami Beach.


PROPERTY FEATURES & AMENITIES

  • Access via private road, attended gatehouse and private bridge
  • Full-service valet
  • Five-star concierge
  • 24-hour security – roving and permanent
  • Poolside Café – in-home service and light catering available during certain hours
  • Beach-entry pool
  • North-South lap pool
  • Outdoor whirlpool
  • Lighted tennis court
  • Jogging trail
  • Private jetty for guest boat landing and fishing
  • Private marina with boat slips available for purchase (limited availability)
  • Nature path*
  • Private beach & beach club *
  • Pet grooming arena
  • Kids’ playground
  • Private garages available for purchase
* Subject to DERM approval and other governmental agencies


BUILDING FEATURES & AMENITIES

The following features & amenities are contained in both Privé towers:

  • Two-story, 10,000-square-foot gym/spa containing:
  • Men’s and women’s steam and sauna
  • Massage treatment rooms
  • Aerobic & cardiovascular equipment
  • Weight facility
  • Fitness studio
  • Toddlers’ playroom visible from the fitness studio
  • Social room – billiards, board games, HD television
  • Private dining room with catering kitchen
  • Dining terrace
  • Wine cellar and tasting room
  • Cigar lounge
  • Guest suites – available for purchase by residents only
  • Business center


RESIDENCES

  • Prices start at $1.7 Million
  • Unit sizes ranging from 2,585 to over 5,600 square feet
  • Average unit size approximately 3,400 square feet
  • 160 total units (80 units per building)
  • 10-foot ceilings
  • 10-foot-deep balconies
  • Floor-to-ceiling glass on all exterior walls
  • Penthouse units have private rooftops and pools
  • Intracoastal, Bay, and Ocean views
  • Spacious, open-plan living, dining, and kitchen areas
  • Private elevator access
  • Modern, custom-designed cabinetry and European-style kitchens
  • Outdoor summer kitchens
  • Service suites



For information about this and other Aventura Preconstruction,  Sunny Isles Beach Preconstruction, Hollywood Pre-Construction, Brickell Pre-Construction, Miami Preconstruction:




Call me: 

Henry B. Nathan
(800) 416-2747
(954) 296-6741
Email: hbnathan@gmail.com


Visit some of my websites to learn more about the best Condo Pre-construction deals in South Florida.


Tuesday, November 26, 2013

Are we becoming a nation of renters?



I just read a research article and a premonition of hard times to come has turned more evident. 
We are gradually becoming a nation of renters instead of home-owners. It is happening now at an accelerating rate. It is evident that people who rent will hardly possess any asset at their old age. 

The study addresses this reality. And it reflects what I have seen during the last few years.

I analyze what's happening in my business today. Most of my real estate sales are cash deals to foreign buyers, or vacation homes to wealthy out-of-town buyers.
The local resident is struggling with low income, insecure employment, ever harder requirements from mortgage lenders, and the remote possibility of saving enough for a downpayment. 

Most of these people are limited to renting, and will possibly have to do it for the rest of their lives, unless a significant change occurs in our economy, and its growing inequality can be reversed in the next few years.

And if they cannot put their savings in a home, they will most surely become senior citizens with no assets and no wealth.


Here is what I read:

Study compares home-ownership for older Americans 

AKRON, Ohio – Nov. 26, 2013 – New findings from the Research Institute for Housing America suggest that older U.S. homeowners are strikingly wealthier and generally healthier than their counterparts who rent.

Housing is the primary asset for Americans 65 and older – accounting for 50 percent of their total wealth, which comes in at a median of $273,000. By comparison, senior renters have median wealth of just $3,000.

The report, from the Mortgage Bankers Association’s research arm, recommends that policymakers tackle the issues of senior housing and health needs together.

“Housing demand over the next decade will be significantly impacted by the aging of the U.S. population,” according to Research Institute for Housing America executive director Mike Fratantoni.

Source: Akron Beacon Journal (OH) (11/25/13) Armon, Rick



Henry B. Nathan

Luxury Waterfront Real Estate Specialist

 United Realty Group 



www.aventura-shortsales.com


Preconstruction Hollywood Beach - Properties in Preconstruction in South Florida -
Prevendas Apartamentos Miami - Preventas Apartamentos en Preconstruccion Miami 
Preconstruccion Florida - Florida Preconstruction - New Pre-construction Projects in South Florida
5252 Paseo - Preconstruction at Doral



Affordable Pre-construction Condos in Doral





Total Units: 203




 










Architects:  Sieger Suarez Architectural PartnershipInterior Design:  Adriana Hoyos


















You can choose from:

  • One bedrooms starting at $250,000
  • Two bedrooms from $350,000
  • Three bedrooms from $475,000

 

 

HOW TO RESERVE YOUR UNIT:

Deposit structure:  

  • 10% at Reservation (Monday, October 25th)
  • 10% at Contract (December 2, 2013)
  • 20% at Groundbreaking (July, 2014)
  • 10% at Top Off (April, 2015)
  • Balance at closing: last quarter of 2015

 

 

5252 Paseo - Preconstruction at Doral

Some of the building's features:

  • All units will be delivered finished including flooring throughout (ceramic 24X24), quartz countertops and designer Italian kitchen cabinets. There will be color selections.
  • Bosch Appliances or Equivalent
  • Luxuriously appointed bathrooms including frameless glass doors in Master Baths.
  • All units with either Paseo or Golf facing views
  • 18 floors of units with 12 units per floor. 9.3’ ceiling height
  • 2 floors of Penthouses, 6 units per floor. 10’ ceiling height
  • Lobby with double height
  • 1 parking per unit, PH’s will be assigned 2 spaces
  • Valet Parking for guests



Call Henry B. Nathan - (800) 416-2747   (954) 296-6741




















Henry B. Nathan

United Realty Group Inc.


Call me:  (800) 416-2747  -   (954) 296-6741


Email me: hbnathan@gmail.com

mentioning  5252 PASEO -  Preconstruction Project in Doral

Visit my websites: www.condo-southflorida.com
or
or
or
www.miami-imobiliaria.com   (Portuguese)
or


Tuesday, November 19, 2013

Dangerous Trend

I have been talking about this issue for two or three years now.
Most of what I have sold as a realtor in South Florida has been to out-of-town, mostly foreign buyers.
I can't even remember last sale to a local resident.

The reasons?
Not hard at all to explain:
Banks' reluctance to lend.
Shrinkage of real-term salaries and incomes of middle class people.
Lack of security in jobs.
Unemployment, sub-employment, low-paid jobs.

This trend is parallel with an increase in rentals demand, of course.

This is a good article I read today:



Share of young adults who move hits 50-year low 

U.S. mobility for young adults has fallen to the lowest level in more than 50 years as cash-strapped 20-somethings shun home buying and refrain from major moves in a weak job market.

The new 2013 figures from the Census Bureau, which reversed earlier signs of recovery, underscore the impact of the sluggish economy on young people, many of them college graduates, whom demographers sometimes refer to as “Generation Wait.”

Burdened with college debt or toiling in low-wage jobs, they are delaying careers, marriage and having children. Waiting anxiously for their lucky break, they are staying put and doubling up with roommates or living with Mom and Dad, unable to make long-term plans or commit to buying a home – let alone pay a mortgage.

Many understood after the 2007-2009 recession that times would be tough. But few say they expected to be in economic limbo more than four years later.

“I’m constantly looking for other jobs,” says Jeremy Bills, 27, of Nashville, Tenn., who graduated from Vanderbilt University in May 2011 with a master’s degree in human and organizational development. Originally from Tampa, Fla., Bills has stayed put in his college town in hopes of finding a job in management consulting or human resources. Instead, he has mostly found odd jobs like pulling weeds and dog sitting.

Bill says he pursued a master’s degree to bolster his credentials after getting his college diploma in 2008, shortly before the financial meltdown. Instead, he finds himself still struggling financially and worrying that the skills he learned in school – where he incurred $20,000 in student loan debt – are “kind of atrophying right now.”

“It’s not like riding a bicycle. You can’t just jump into a career position so many years after training,” said Bills, who now works at a nonprofit organization making $12 an hour and is looking for a second job.

Among adults ages 25-29, just 4.9 million, or 23.3 percent, moved in the 12 months ending March 2013. That’s down from 24.6 percent in the same period the year before. It was the lowest level since at least 1963. The peak of 36.7 percent came in 1965, during the nation’s youth counterculture movement.

The past year’s decline in migration came after a modest increase from 2011 to 2012, a sign that young adults remain tentative about testing the job market in other cities.

By metropolitan area, Portland, Ore., Austin, Texas, and Houston were among the top gainers in young adults, reflecting stronger local economies. Among college graduates 25 and older, Denver and Washington, D.C., topped the list of destinations.

Demographers say the delays in traditional markers of adulthood – full-time careers and homeownership – may prove to be longer lasting.

Roughly 1 in 5 young adults ages 25 to 34 is now disconnected from work and school.

“Young adulthood has grown much more complex and protracted, with a huge number struggling to reach financial independence,” said Mark Mather, an associate vice president at the private Population Reference Bureau. “Many will get there, but at much later ages than we’ve seen in the past. More and more we’re seeing many young adults routinely wait until their 30s to leave the parental nest.”

The overall decline in migration among young adults is being driven largely by a drop in local moves within a county, which fell to the lowest level on record. Out-of-state moves also fell, from 3.8 percent in 2012 to 3.4 percent, but remained higher than a 2010 low of 3.2 percent.

Young adults typically make long-distance moves to seek a new career, while those who make local moves often do so when buying a home.

While homeownership across all age groups fell by 3 percentage points to 65 percent from 2007 to 2012, the drop-off among adults 25-29 was much larger – more than 6 percentage points, from 40.6 percent to 34.3 percent. That reflects in part tighter lines of credit after the 2006 housing bust. Declines in homeownership for those ages 40 and older over in that five-year period were more modest.

The District of Columbia, with its high share of young adults, had the lowest homeownership rate across all age groups at 41.6 percent, followed by New York at 53.9 percent. West Virginia had the highest homeownership rate at 72.9 percent.

In terms of births, the birth rate for all women of childbearing age – 63 births per 1,000 women – was essentially flat in 2012 from the year before.

Meanwhile, overall migration among adults 55 and older held steady at 4.4 percent from 2012 to 2013, up from a low of 4 percent in 2011. Metro areas with the biggest gains included Phoenix, Atlanta, Denver and several in Florida. Many cities in the Northeast, Midwest and coastal areas posted losses.

“The post-recession period has given a bigger boost to seniors than to young adults in their willingness to try out new places for retirement,” said William H. Frey, a demographer at the Brookings Institution who analyzed the figures. “Many young adults, especially those without college degrees, are still stuck in place.”

“For them, low mobility might be more than a temporary lull and could turn into the ‘new normal.’”

The wait continues for Eric Hall, 30, of Decatur, Ga. After picking up a master’s degree in public health in 2008, Hall moved from California to the Atlanta suburb with the plan of living with his parents for about six months.

Five years later, after struggling to find work in his field and switching his career path last year from health management to teaching kindergarten, Hall has opted to remain at his parents’ home until he can pay off more debt. He is now studying to earn a doctorate in education, amassing college debt of more than $110,000.

“It’s a bit restraining after going away to college two times, but I’m saving and my mom’s been very understanding,” said Hall, who is optimistic he’ll soon be financially stable enough to live on his own. “Maybe next summer.”

From FloridaRealtors.org - Nov. 19, 2013


Henry B. Nathan
 is a Florida Real Estate Professional. 
Please visit my website: 
 to search for


Monday, November 18, 2013

The Beach Club in Hallandale Beach - Last chance of waterfront bargains



 

 

The Beach Club in Hallandale Beach


Two or three years ago you would find more between 250 and 300 units available for sale in this complex.  I checked today.  There are only 70 apartments listed for sale.  On a total of about 1400 units it is barely a 5% of the total, a fairly low percentage by Florida real estate standards.


And there is a reason, of course. Actually, even with Beach Club's somewhat increased prices over 20011/12, it is the best bargain and the best buy you can find at the present time if looking for a luxury apartment on South Florida waterfront. Prices per square foot fluctuate between less than $400 and $500, depending on the view and floor-plan. A bargain!

A new construction of this quality, if it existed, would possibly set you back at least  $700 to $1,000 a Sq. Ft. 


So, while there still are a few available Beach Club units at these prices, my recommendation is to give it a serious look. 

The three BEACH CLUB buildings are right on the sand; two twin towers: The Beach Club 1 and the Beach Club 3, and a central tower: The Beach Club Two.




Beach Club Hallandale Beach   -    Location:

  • ·       Less than one mile south of the renowned Diplomat Resort, Country Club and Convention Center

  • ·       Minutes from the Gulfstream Casino and Racetrack, Gulfstream Village and Shops, and the Aventura Mall.

  • ·       A short drive to the Shoppes of Bal Harbour

  • ·       Close to fine restaurants, food markets, banks and stores all along Hallandale Beach Blvd.

  • ·       A short distance to houses of worship.

  • ·       Minutes to Hollywood’s vibrant downtown area, Las Olas and downtown Ft. Lauderdale

  • ·       Easy access to Ft. Lauderdale Int’l Airport and Port Everglades

  • ·       A short drive to the exciting South Beach nightlife and Miami Int’l Airport

  • ·       And of course… the Beach, and Hollywood Boardwalk.

Beach Club Condos   -   Buildings Features:

  • ·       spa and fitness center

  • ·       full service restaurant

  • ·       juice bar with pool and beach service

  • ·       finest free weight

  • ·       selectorized weight equipment

  • ·       state-of-the-art cardio equipment / cardio theater

  • ·       aerobic studio

  • ·       his and hers lounges

  • ·       treatment rooms

  • ·       Jacuzzi

  • ·       Cold plunge

  • ·       eucalyptus steam room

  • ·       redwood saunas

  • ·       relaxation area

  • ·       sun deck w/ water features
  •  

The Beach Club in Hallandale Beach -  Residences Features:


  • ·       Solid wooden entry door

  • ·       Ocean and intracoastal views (see your individual floorplan)

  • ·       Large dining area (see your individual floorplan)

  • ·       Spacious living room with adjacent terrace (see your individual floorplan)

  • ·       Oversized terraces with glass railing accessible from bedrooms and living room (see your individual floorplan)

  • ·       Elegant smooth ceilings rising to 8’ 7 1/2”

  • ·       Floor to ceiling laminated windows with energy efficient tinted glass

  • ·       Top-of-the-line stackable washer and dryer

  • ·       High efficiency central air conditioning and heating unit

  • ·       Sprinkler fire protection system

  • ·       State-of-the-art telecommunications wiring including high-speed cabling to all television outlets and “home run” configured CAT5 cable for telephone and data communication

The Beach Club Condos in Hallandale Beach -  General Amenities:




  • ·       An almost 9-acre site with over 810 feet of magnificent ocean frontage
  • ·       Oversized heated swimming pool and spa overlooking the Atlantic Ocean
  • ·       Snack bar with pool-side services
  • ·       Lushly landscaped grounds
  • ·       Magnificent 2-story lobby entrance
  • ·       Spectacular porte-cochere
  • ·       24-hour valet parking
  • ·       Multi-level covered parking
  • ·       Full time concierge
  • ·       Mail and package receiving desk
  • ·       24-hour security 

Spa and Fitness: As part of your residence or membership, you will enjoy the extended amenities that are normally associated with a 5-star resort spa. 

Whether you are relaxing in the spa, working out in the state-of-the-art fitness center or indulging at our juice bar, you are certain to realize that this is the playground, sanctuary and “home” you have been looking for...until now.

Featuring some of the most dynamic and technological advancements in fitness, our skilled staff is dedicated to making you look and feel your best. Consulting trainers will make your experience the most efficient and effortless workout you have had. Your physical aspirations will soon become manifestations.

The Spa is certain to change your life. “Desires” will become realities when they are part of your “home”. You can have a massage or get a facial...workout or relax...swim or just sit by the pool. 

Beach Club - Kitchen Features:

Flush European styled cabinets
 
36” built-in KitchenAid refrigerator/freezer

30” KitchenAid glass cook top

Granite counter tops and backsplash (in a selection of colors)

Double stainless steel sink with granite counter top

Pull-out spray faucet

27” built-in KitchenAid convection/microwave oven

KitchenAid 3-cycle, sound-insulated dishwasher

Garbage disposal
 







Master Bath includes:

  • ·       Elegant marble flooring in wet areas

  • ·       Granite vanity top (in a selection of colors) with porcelain lavatories

  • ·       Elegantly detailed designer faucets

  • ·       Full width vanity mirror with decorator light fixture

  • ·       Whirlpool tub (see your individual floorplan)

  • ·       Elongated water closet

  • ·       European style bidet with coordinating faucets

  • ·       Walk-in marble shower

Guest Bath includes: 

  • ·       Elegant marble flooring in wet areas

  • ·       Integrated porcelain vanity top and lavatory

  • ·       European style cabinets

  • ·       Elongated water closets (Kitchen includes:

  • ·       Flush European styled cabinets

  • ·       36” built-in KitchenAid refrigerator/freezer

  • ·       30” KitchenAid glass cook top

  • ·       Granite counter tops and backsplash (in a selection of colors)

  • ·       Double stainless steel sink with granite counter top

  • ·       Pull-out spray faucet

  • ·       27” built-in KitchenAid convection/microwave oven

  • ·       KitchenAid 3-cycle, sound-insulated dishwasher

  • ·       Garbage disposal 



THE BEACH CLUB FLOORPLANS 





















 To find out more about the Beach Club, please go to my website:




Where you can find many opportunities in






Henry B. Nathan is a Florida Realtor at United Realty Group Inc. and a Florida Licensed Mortgage Broker.



Visit my website: http://www.condo-southflorida.com/
where you can search for Hallandale Beach Condos, Sunny Isles Condos