0 Guide To Sunset Harbour – South Beach’s Most Sought After Location

Posted on April 23, 2018 by Sean Greco

Sunset Harbour

The Sunset Harbour area is quickly becoming one of the most sought-after locations in Miami Beach to live and play. This pedestrian-friendly, waterfront neighborhood offers a more laid-back vibe than some of South Beach, but that doesn’t mean that there is any less to do. Amazing shops, restaurants, and entertainment can be found throughout the small area, attracting the Who’s Who to call it home.

Sunset Harbour has gained notoriety in South Beach for its laid-back character and awesome food, drink, and shopping options. The area has such a unique vibe with the fun nature of South Beach combined with a more relaxed neighborhood atmosphere. Running along Biscayne Bay, the area also features some of Miami’s most beautiful waterfront views. You can browse trendy shops in the daytime or enjoy an exciting nightlife. There is no shortage of great restaurants in the area, along with food markets and several fitness options. Find out more about what makes Sunset Harbour an amazing area to call home and scroll to the bottom to check out the properties we have available in the area.

Where To Eat In Sunset Harbour:

There are so many great options for food in Sunset Harbour, it’s hard to highlight just a few. Nevertheless, here are a few of our favorites.

Lucali – 1930 Bay Rd

The second location of this Brooklyn pizzeria brings a Miami spinoff to the new york pie. This restaurant serves Italian style pizzas and calzones alongside an expansive list of craft beers and wine.

Pubbelly Noodle Bar – 1418 20th St

Under culinary director and James Beard Award Finalist José Mendín, The Pubbelly Group blends Mendín’s Puerto Rican and Miami backgrounds to create the Asian inspired menus. Try the kimchi fried rice at Pubbelly Noodle Bar, or head over to the very popular Pubbelly Sushi at 1424 20th St. to try the pork belly sushi or wagyu tartaré on their al fresco terrace.

Soul Tavern – 1801 W Ave

As a newer addition to Sunset Harbour, this vegetarian gastropub was inspired by the elements of nature – earth, wind, fire, water, and metal. They are striving to bring health back to dining, offering 37 herbal elixirs alongside the food menu.

Sushi Garage – 1784 W Ave

This former body shop turned sushi restaurant offers a unique dining experience on Sunset Harbour. This restaurant is run by the same team behind the French, Peruvian, and Japanese fare at rooftop Juvia.

Where To Get A Drink In Sunset Harbour:

Purdy Lounge – 1811 Purdy Ave

Purdy Lounge is Sunset Harbours go-to corner bar. Open late night until 5 a.m. 7 days a week, it’s cover-free with great happy hour specials, live music, DJ sets, and even bottle service. It’s an unassuming place with a more laid-back vibe for people who don’t want to go to the typical South Beach club.

Where To Get Coffee in Sunset Harbour:

Panther Coffee – 1875 Purdy Ave

This trendy, industrial-chic coffee shop can be found on the northern end of Sunset Harbour. The coffee beans are roasted on-site, adding to the hipster vibe. This Panther Coffee location is less crowded than the Wynwood location, which is another plus. It’s easy for this place to become a go-to.

Where To Grocery Shop in Sunset Harbour:

The Fresh Market – 1800 West Ave

The fresh market offers a fresh take on grocery shopping. They strive to provide the warmth of a local friendly market with remarkable service and produce of the highest quality. This places aims to be different than the over-industrialized shopping experiences that are prevalent in America.

Trader Joe’s – 1698 Alton Rd

A Trader Joe’s is planned to go in nearby on Alton Road. This will be the second Trader Joe’s location in Miami. Construction is already on the way for this 11,500 square-foot Trader Joe’s location. This market offers amazing food and drink options from around the globe, as well as locally sourced items.

Publix – 1920 West Ave

In addition to the other market options, there is a Publix Super Market in the area that can fill any and all of your grocery shopping needs.

North Bay Road

One of our favorite places near Sunset Harbour is lower North Bay Road. Why? Because it features the walkability of an urban condo with the prestige of a single-family home neighborhood. The mix of urban, South Beach living along with the welcoming feel of a reputable family neighborhood is causing many people to buy and completely renovate buildings in the area into some of the nicest homes you will see. North Bay road also runs along Biscayne Bay, so the west lots are all waterfront with some influential owners. Business owners, executives, sports athletes, and celebrities, all call this street home.

Sunset Harbour Listings

2059 North Bay Road

Just 1 block away from Sunset Harbour, this stunning home on North Bay Road is in a highly sought after location. All of the shops and restaurants of Sunset Harbour are literally just one block away, yet the home is situated on a quiet residential street with some pretty prestigious neighbors.

This 4 bedroom, 4 bathroom house boasts a den, a beautiful formal living room, a formal dining room, and a bonus area off of the large kitchen. There is also a roof terrace looking over the amazing private pool and patio area.

north bay road

In addition, there is a detached 2 car garage that includes a full bathroom for pool guests on the ground level. On the second story, there is a residential space with a kitchenette, a closet, full bath, and a balcony. This unique space would be great as an office, a bonus room, or short or long-term guests.

0 Cultural Exchange Speaker Series: Miami RE

Posted on May 3, 2016 by Sean Greco

Recently, the Ocean Drive magazine sat down with founder Seth Browarnik of World Red Eye, a lifestyle website, and real estate developer Avra Jain and discussed World Red Eye’s Cultural Exchange Speaker Series. The mission of this series is “to inform, encourage, and inspire Miamians on topics including nightlife, real estate, art, and fashion.” Launced by Browarnik who is also a celebrity photographer, the next part of the speaker series is called “The Next Genesis of Miami Real Estate” on Thursday.

“Real estate is one of the most, if not the most, important industries in Miami. We have the biggest power players and we found the niche—the generational hand over of power where it’s kind of this continuation of a legacy,” said Browarnik to Ocean Drive. about his decision to highlight real estate in the speaker series.

Jain gave some insight into Miami neighborhoods, saying that the city’s unique cities are representative of the different cultures and people throughout the city.

“I think that they’re all going to do well for different reasons. And I think that it’s good that Miami has this sense of neighborhood—and what’s happening now is that every neighborhood has their own little downtown with their own culture. They look and feel different. And I think this speaks to the diversity of Miami—which I think is one of its strongest characters,” she said.

In the interview, Browarnik and Jain said that attendees to the Cultural Exchange Speaker Series on Thursday can expect to hear about how fashion and culture in Miami intertwine with real estate, and Jain is looking forward to hearing from younger people of the up and coming generation.

Miami is a city filled with amazing events such as the Cultural Exchange Speaker Series, which highlight even more of its best aspects. At RE/MAX Paradise, we are excited to offer you the best real estate in one of the best cities in America, so check out our beautiful properties today!

0 What Makes A Happy Home

Posted on November 20, 2015 by Sean Greco

Anyone who buys a new house most likely has similar goals: you want to build a home that your family can be comfy in and enjoy for many years to come. So what makes a happy home? A recent article on realtor.com shares some real tips on how to make a homey, joy filled home.

It does not matter if you rent or buy. According to a study by the University of Pennsylvania, groups of renters and buyers have almost equal levels of emotional well-being. This balance most likely comes from homeowners sometimes stressing about maintenance while renters have more leisure time. Renters also have more flexibility and less commitment to their home.
Long commutes will bum you out. The Office for National Statistics has data showing that any commute over fifteen minutes causes anxiety in any homeowner. If it is over an hour, your happiness will really plummet. So, a house close to your job really affects what makes a happy home.
Pay off your mortgage ASAP. Of course paying off your home quickly is much easier said than done. However, make those payments a priority to get rid of the mortgage and you will find your home’s happiness increases greatly.
Get to know your neighbors. Your neighborhood can become like an extended home, and that will make you and your family happier. Properties & Paradise has properties available in many neighborhoods around Miami. Check them out here. “I’d recommend that people make it part of their routine to cultivate a sense of neighborhood. This is missing nowadays, especially in large urban centers where people tend to isolate from one another,” says Grant Brenner, co-author of “Irrelationship: How We Use Dysfunctional Relationships to Hide From Intimacy.”

At Properties & Paradise, our main priority is making sure that our home buyers are happy. With these tips, along with the advice of our agents, we are confident you can build the happiest of homes in Miami!

0 Census Bureau: 8.5 million moved to a new metro area

Posted on October 21, 2015 by Sean Greco

1 in 5 Americans have moved to a new metro area in the last year.

In the last year, 18% of all movers in the United States and Puerto Rico moved to a new metro area, according to the Census Bureau.

This is the first time the US Census Bureau has released statistics for movers between metro area using data from the American Community Survey.

Between 2009 and 2013, migration flow tables used data collected to show how many residents were moving from one country or metro area to another throughout the year. This data is used by government officials, planners, and local businesses to better understand residential turnover in their communities. This data is also necessary to plan for infrastructure increases when new residents are coming full force, or when the opposite occurs and population-boosting programs are necessary.

“Nine of the top 10 metro migration flows were moves to nearby metro areas, with the largest flow of about 90,000 moving from the Los Angeles metro to the Riverside metro area,” says Kin Koerber, a demographer with the Census Bureau’s Journey-to-Work and Migration Statistics Branch. “Movers who left the New York City metro area for the Miami metro area were the exception,” with about 22,000 making the switch.

There are also flow charts with data that show county to county moves as well as country to country.

Florida Realtors compiled some highlights from the Census Bureau’s data:

Of the 8.5 million people who moved between metropolitan areas:

8.4 million moved between metro areas within the United States.

63,483 moved from a metro area in Puerto Rico to a metro area in the U.S.

24,197 moved from a metro area in the United States to a metro area in Puerto Rico.

18,918 moved between metro areas within Puerto Rico.

Among the largest migration flows between metro areas:

90,494 moved from the Los Angeles metro area to the Riverside, Calif., metro area.

54,711 moved from the Riverside metro area to the Los Angeles metro area.

26,957 moved from the New York metro area to the Philadelphia metro area.

US citizens are on the move!

Miami as a metro area in the US is quickly becoming an international city like NYC or Paris. The real estate is highly desired and beautiful, and the city is full of rich culture and opportunity. Check out all that RE/MAX Paradise has to offer today!

0 Miami’s hottest neighborhoods

Posted on October 1, 2015 by Sean Greco

Miami’s hottest neighborhoods

Last Thursday September 24, a panel of real estate professionals discussed Miami’s hottest neighborhoods for real estate development right now. The neighborhoods they decided on not only were those right on the beach, but also some in downtown, urban Miami.

According to The Real Deal, the event on Thursday was a packed luncheon sponsored by the Miami Beach Chamber of Commerce and the Miami Association of Realtors.

Five panelists spoke, including Louis Birdman, principal of Birdman Real Estate Development, who said, “The area that I am the most excited about in the future is Wynwood and the [Miami] Design District.”

Inland development is inevitable as beachfront becomes more and more developed.

“As developers, we have to look at what we can do to pull people away from the beach,” Birdman said.

Other panelists had all sorts of ideas of who would make the next list of Miami’s hottest neighborhoods: from downtown Miami to Surfside and North Beach area to Brickell Avenue.

The panelists also acknowledged some financial aspects of Miami’s real estate, including the value of the dollar. The decline in dollar value of many foreign currencies makes Miami relatively more expensive for potential foreign buyers. However, many foreign economies are tumultuous for a broad variety of reasons, pushing foreigners to the United States.

“The instability in these markets is driving people to the United States,” said Jay P. Parker, CEO of Douglas Elliman Real Estate Florida LLC.

However, in comparison to other world class, developing cities like Miami, Miami is relatively inexpensive.

“The smart money always goes to safety, stability and security,” Birdman said. Real estate prices in New York have “gotten very top heavy … Miami clearly is the best value.”

Clearly, Miami has a lot going for it. As a city that is now offering so much more than just beautiful beaches, the real estate opportunities to come are bountiful. Reach out to us at RE/MAX Paradise to experience this happening city.

0 Average Mortgage Rates down to 3.84%

Posted on August 29, 2015 by Sean Greco

Average Mortgage rates down this week to the lowest point since May to 3.84%. The past week saw a lot going on in the economy, from global market turmoil to economic developments in China.

According to the Associated Press, the huge mortgage company Freddie Mac said on Thursday that the average mortgage rates on a 30-year fixed-rate mortgage fell to 3.84 percent from 3.93 percent a week earlier. The benchmark rate had not been this low since May 21. To calculate average mortgage rates, Freddie Mac surveys lenders across the country at the beginning of each week. The average doesn’t include extra fees, known as points, which most borrowers must pay to get the lowest rates.

The rate on 15-year mortgages also declined this week. This rate dropped from 3.15 percent to 3.06 percent from last week.

The stock market was very tumultuous in the past week. Many stockholders sold their stocks out of sheer panic, and the AP says investors were sent “to the safety of U.S. government bonds, raising their prices and dampening their rates.”

The AP also reported, “Mortgage rates often track the yield on the 10-year Treasury bond, which dipped below 2 percent on Monday, a day of epic losses and price swings on Wall Street. The yield recovered to 2.18 percent Wednesday. That compared with 2.22 percent last Wednesday.”

The economic jitters and downfall of the stock market also cause people all over the US to question the much and long anticipated increase in interest rates by the Federal Reserve. It had been expected that these rates would raise next month.

The real estate market is still strong thanks to more employment and a stronger economy. The National Association of Realtors showed that slightly more Americans signed contracts to buy homes in July, as pending sales also rose, according to a report released Thursday.

Average Mortgage Rates Down

With average mortgage rates down, and the Miami real estate market doing so well, come meet us at RE/MAX Paradise and we can help you find the perfect new home for you.

0 The Changing Shape of Miami-Dade Commercial Real Estate

Posted on April 27, 2015 by Sean Greco

Commercial properties in the Miami-Dade area are taking on a new look and getting a whole lot more diverse, according to a recent South Florida Market report. The survey showed that one of the largest leasing deals for Miami-Dade this past year was a 37,000 square foot building on Lincoln Road, which was leased to the company WeWork. This business was founded five years ago in New-York in order to facilitate the use of shared workplaces for essentially any type of company, but is most commonly used by startups, private contractors, small firms, and international corporations looking for a satellite office. The firm was recently valued at $5 billion and has expanded outside of the big apple and into other major cities across the country, and now with this new building will be adding Miami to the list. This decision was motivated by the city’s “growing entrepreneurial market” and it’s current status as “a gateway to Latin America”, as head of real estate for WeWork Mark Lapidus remarked in an interview recently. While trying to expand their brand Miami seemed like a natural choice for a new location, according to Lapidus, “As we build out our global network with location in major global cities, Miami of course is on our map.”

This is not the first instance of the shared office space concept making an appearance in Miami, local developers have been seeing lots of success with the innovate setup since 2010. The demand for this type of layout is very high across the country, but particularly in a major metro area where businesses are jostling for position and regularly moving locations. These more temporary office spaces appeal to these businesses, and even allow for multiple companies with interconnected client bases to actually share customers. For instance, if a gym, a fitness apparel shop, and a salon were all to move into one of these properties they would very likely gain new customers just by being so conveniently located to one another. And even companies who aren’t interested in collaboration are drawn to these co-working spaces because they provide prime commercial real estate at a lower cost and without all the commitment, as they typically offer short-term lease and sometimes don’t require a lease at all. This new type of office space is rapidly growing in popularity throughout Miami, with more and more businesses opting to settle in types of buildings and demand increasing rapidly.

Commercial properties are already very sought after throughout South Florida because the area provides businesses with both a thriving local economy and easy access to a more global market. With demand on the rise, now is the time to invest in one of the amazing properties currently available, as the Miami-Dade commercial real estate market is among the fastest growing nationwide and has new listings appearing daily. Contact RE/MAX Paradise today and one of their professionally trained real estate agents will help you find the property of your dreams!

0 Recent Surge In Palm Beach Commercial Loans

Posted on April 17, 2015 by Sean Greco

Over the past decade or so Palm Beach County has become one of the most desirable zip codes to own a home in the country, however a recent report shows that the most active sector of their real estate market is commercial properties. According to a survey regarding loans over the $1 million mark that was conducted by Rabideau Law, Palm Beach commercial loans have nearly doubled since last month alone. The report also showed that commercial loans accounted for $428 million borrowed from lenders and amounted to 59 mortgages, so clearly the business sector of Palm Beach is booming, which seems natural given the increased status of the area. Palm Beach has become widely know as the ideal vacation spot for the super rich, and businesses are seeing the opportunities of setting up shop here.

This rise in commercial loans is likely prompted by both the rebounding economy and possibility of interest rates going up in the near future. The Federal Reserve has acknowledged publically that we should expect interest rates to increase sometime during this coming summer, so now would be the best time to take out a loan in order to get the best rate possible. Also, the economy is in good shape and more people are spending money so businesses are making enough revenue to expand their companies. Palm Beach offers access to some of the wealthiest clientele in the country, and naturally serves as the ideal place to build or grow a business, which businesspeople seem to be taking advantage of given the skyrocketing amount of commercial loans.

Areas such as Palm Beach and Miami-Dade are becoming well known for their upper-crust crowd and dual access to city and beachside lifestyles, which appeals to companies as well as vacationers. With mortgage rates low and property values growing daily, now is the time to invest in either commercial or residential real estate in South Florida. Contact a RE/MAX agent today and they will help you find the perfect property, whatever your needs may be.

0 South Florida Soon Build 100 New Condo Towers

Posted on April 6, 2015 by Sean Greco

According to a recent report, developers now have at least 100 condo towers currently under construction in South Florida counties throughout the Miami area. These new complexes are expected to yield more than 11,550 additional units in total, which should contribute to solving the inventory shortage problem that has been plaguing the market during recent months. In addition to these under-construction condos there are also 126 new towers that are in either the planned or pre approved stages, and are waiting to actually begin the developing process. All these new units on the market will most likely result in a more active market, as buyers have been hesitant to purchase lately given the lack of properties available to choose from lately.

Miami-Dade County is currently in the lead by far for most condo construction, with 72 percent of the new complexes soon to be located there and 70 buildings currently under construction. Next is Broward, which accounts for 20 percent of the total new condos and has 29 towers that are under construction now. Followed by that Palm Beach, which accounts for just about 8 percent of all the new construction. All this new growth prompts the question of how the market will respond to this rapid increase of inventory, however economists predict that it will result in a price drop at the very least, which is good news for people interested in purchasing.

With prices about to decline and a large influx of new inventory under construction throughout South Florida, now is the time to seriously consider investing in real estate in the area. Miami is growing as an international center for commerce, entertainment and luxury, and as a result of this raising status property in the city and surrounding counties is skyrocketing in value. Why not seize the coming opportunity and invest in a piece of coveted South Florida property while the value is high and there are hundreds of new units to choose from? Contact a RE/MAX agent to learn more about all the amazing commercial and residential properties for sale today!

0 New York Investor Sets Sights On Palm Beach Properties

Posted on March 27, 2015 by Sean Greco

New York based company Atlas Real Estate Partners reportedly plans to spend a cool $90 million on Palm Beach real estate in the near future. Atlas has already spent $10 million on Palm Beach properties
in recent months, however are planning to spend a whole lot more as they expand their business into South Florida. The investors see a lot of potential in the area and consider Palm Beach to be an ideal vacation home location for their New York based clients, as well as many others. The company’s managing principal Alex Foster recently told the Palm Beach Post that Atlas has set aside $90 million for their expansion project in the area, and that all West Palm Beach needs to reach it’s full potential is a denser downtown and more high-end office buildings that would appeal to high powered hedge funds who are considering relocation. As Foster recently told reporters, “we see West Palm as being under the radar. We’re seeing more opportunity in Palm Beach County.” Atlas plans to start purchasing property in the next year to year and a half and currently are looking at $60 million worth of real estate already.

Palm Beach has recently made a name for itself as the vacation destination of the rich and famous, who migrate down annually to escape the cold northern winters. Atlas is not the only company who sees a lot of potential for growth in the area, particularly in terms businesses located there given Miami’s recent commercial expansion. South Florida is developing into much more than a just a home for retirees and spring breakers, and developers nationwide are starting to take notice in a big way. If you are interested in property that is currently available to rent or buy throughout the Miami area then contact a RE/MAX agent today. They would be happy to help you find the commercial or residential space that best fits your needs.