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Fisher Island, FL

Luxury Real Estate Auctions on the Rise

Island Insiders: Mortgage Company in Fisher Island, FL

The real estate market is on track for a slow but steady recovery. Right now the amount of foreclosures outnumbers the amount of sales but sales are slowly creeping into competition. The trend with low and mid-level property is that the cheapest is selling. But, the trend with high-end property is that they are achieving more success in real estate auctions. Interestingly enough the luxury market has taken their properties to the auction block. The appeal of auctions for the seller is that they can sell a home quickly, the appeal for the buyer is that they can potentially get a deal on a quality property. No minimum auctions can be risky for sellers, as they may not leave with the asking price they’d hoped for, but it also holds great potential in selling a home in a rough market.

The auction process is not all that dissimilar from traditional auctions in that the property is offered to a group of potential buyers and they bid over it. However, the bidders are usually well informed of the homes they are bidding on coming into the auction which allows them to bid at a price they want. Though auction bidders don’t necessarily have to visit all the properties on the auction block, but there are usually open houses for bidders to visit in the weeks before the auction. Luxury real estate auctions are a growing trend and have helped in the sale of Fisher Island homes and many other luxury real estate locations around the United States.

Royalty Concierge offers Property Management Services in Fisher Island, Florida.

Emilio Cardenal: Property Manager in Miami, FL

For More Information call: 305-225-5033

If you are looking to purchase a vacation home or a rental property in Fisher Island, Florida, you should consider hiring a property management company to assist you in looking after your property.

Royalty Concierge Services can offer you a wide array of property management services, which are very beneficial to the international or out of state homeowner who needs someone to take complete care of their investment property or vacation home in Florida.

When you interview with property management companies in Fisher Island, you need to find someone that is reliable and trustworthy.

When you contract Royalty Concierge, we have the experience on our side, to manage your property. Royalty Concierge will coordinate on your behalf the payments on your utility bills ((telephone, electricity, water, etc.), manage the ever so important Tenant/Landlord relations, collect rental payments, handle evictions, hire personnel for regular maintenances & emergency repairs. Royalty Concierge can also arrange housekeeping services, receive your mail, and accept deliveries and much more...

Become a Royalty Concierge client and you will discover "worry free ownership".

FISHER ISLAND

Fisher Island is a 216-acre private island residential community of unrivaled luxury and splendor. Residents, Club members and Hotel & Resort guests enjoy a host of sumptuous amenities including The Fisher Island Hotel & Resort, voted as Miami's Best Hotel by Zagat's Survey. Originally built in the 1920's by William and Rosamund Vanderbilt as their splendid winter estate, Fisher Island has enjoyed a long history of entertaining the luminaries of its time. Current distinguished residents include Oprah Winfrey and other celebrities. Fisher Island has been restored to its former grandeur and, in the process, it has become a world-class residential community.

Although no longer a one-family island, Fisher Island still remains somewhat inaccessible to the public and uninvited guests and exclusive by modern standards as it was in the days of the Vanderbilts, providing similar refuge and retreat for its residents. As of the 2000 census, Fisher Island had only a total population of 467 persons. Fisher Island is 3 miles off shore of Miami, and is regarded as a very exclusive and wealthy community. According to the U.S. Census Bureau, Fisher Island had the highest per capita income ($236,238) of any place in the United States in 2000.

Let us help you find the home of your dreams in Fisher Island. We have a direct relationship with the major builders to offer you the best prices, but if you can't wait for the pre-construction process, we have a comprehensive listing of houses, apartments, condos and townhomes available in the market.

To receive brochure with more detailed information on our Property Management Services in FISHER ISLAND, Florida.

Fisher Island Real Estate

Island Insiders: Mortgage Company in Fisher Island, FL

Anyone who has an understanding of South Florida real estate knows that condos and homes in the Miami Beach area are some of the nicest properties in the country. Specifically, South Beach condos, Star Island homes and Brickell homes are familiar luxury locations. But some of the unfamiliar places in South Florida like Fisher Island real estate have property that arguably trumps that of South Beach, Star Island and Brickell.

Fisher Island, named after Carl G. Fisher, is an artificial island constructed off the southern coast of Miami Beach in the early 1900’s. Fisher Island was later owned by William Vanderbilt who used it as a vacation home and resort for close friends and family.

This relatively unknown island houses the likes of high-profile figures like Andre Agassi, Boris Becker, Andre Jackson, Ricky Martin, Julia Roberts and Oprah Winfrey. Fisher Island is also known for having the highest per-capita income of any area in the country. So how does an island with high-profile figures and a reputation for luxury stay off the public radar so well? The answer is that residents of Fisher Island make a concerted effort to remain anonymous and live more secluded lifestyles than those of South Beach or Star Island.

Since Fisher Island can only be reached by ferry, private boat or helicopter it maintains a strong sense of exclusivity. This seclusion holds major appeal for the island’s residents that are often high-profile figures or people taking a break from urban life and embracing Fisher Island living.

Fisher Island Foreclosure Hotline: (786) 406-1757: Miami Bank Owned REO Hotline: (786) 406-1757

Katerina Brosda: Real Estate Agent in Sunny Isles, FL

If you are in need to arrange for a Short Sale, our understanding agents will be knowledgeable, professional, helpful and courteous to lead you through the process and negotiate the best possible solution for you.

If you are an investor, we have approved Short Sale Opportunities.

In Miami, please call Brosda & Bentley Realtors' HOTLINE: (786) 406-1757 for a free, confidential consultation.

For the largest resource of Sunny Isles and Miami Beach Listings visit:

www.SunnyIslesBeachBroker.com

Bal Harbour Short Sales Expert

Improving Your Resale Value

Island Insiders: Mortgage Company in Fisher Island, FL

If you’re purchasing Fisher Island real estate, you’re already entitling yourself to lucrative property with strong resale value since the homes on Fisher Island are among the most valuable in the country. At the same time however, finding a home with good resale value isn’t just a matter of choosing a nice home in a wealthy neighborhood. Let’s explore some crucial factors which may affect your resale value potential.

Believe it or not, Fisher Island homes with irregularly shaped lots are not as attractive as standard rectangular lots even though they happen to break conventions. It’s also good to make sure the yard is at least of moderate size and isn’t occupied too much by those common swimming pools found in many high end homes. Also, keep landscaping to a minimum as too much of it will force the price of the home to inflate.

Fisher Island has a number of fairly large homes but it’s important not to pounce on (and thus purchase) the largest of these homes. It may be wiser to evaluate the homes in the immediate area in order to get a good idea of the average market value. Keep in mind though that by purchasing smaller Fisher Island homes which happen to be near larger homes, these larger properties may actually raise the value of the smaller home you’ve chosen. In this scenario your best bet is to evaluate what you want versus what you actually need.

When it comes to the number of bedrooms and bathrooms, stick with three or four. If you decide to add an additional bedroom, ensure that the price isn’t going to be substantially affected by this. Ideally you want to have a bathroom for the master bedroom, one for guest use, and a third to be shared by the rest of the bedrooms within the home. As for the kitchens, the larger they are and the closer they are to the dining area, the better.