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The coastal cities of the U.S. have experienced a rather speedy recovery from the real estate market bust. The Florida homes of Miami Beach and Fort Lauderdale are attracting some of the most sought after luxury homes of that region.
The condos for sale are especially attractive to those who prefer the warmer climate. Overall, 30% of the home sales in the U.S. were obtained through foreclosures and short sales.
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South Beach's condos are the ultimate in a tropical experience. They offer buyers the best of Florida and the beautiful ocean views while maintaining modern convenience.
South Beach real estate offers South Beach condos for sale along prime landscaping that increases in value and popularity each year.
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The bottom line is that if you want to make the most out of life, consider Fisher Island in South Beach. Those who live there never want to leave.
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Fisher Island is known for its privacy, incredible golf, pro-level grass tennis courts and beautiful waterfront condos. Palazzo del Mare is the latest addition to Fisher Islands beautiful condo community. With residences ranging from three bedroom units to six bedroom units with up to 7,025 square feet of living space and uninterrupted waterfront views. This ten-story luxury condo building in Fisher Island has beautiful architectural designs that are complimented by elegant residential features and generous amenities. Fisher Island is inaccessible by land making it a haven for avid boater and those looking for privacy and exclusivity.
Palazzo del Mare has fabulous residential features like flow through floor plans, European designed kitchens, Italian cabinetry with designer hardware, granite coutertops, stainless steel appliances, side-by-side refrigerator, ten-foot ceilings, cook top microwave and dishwasher, kitchens with waterfront views, marble vanity tops, state-of-the-art bathroom fixtures, oversized balcony, pre-wired communications and Maytag washer and dryer. Amenities for Palazzo del Mare are plentiful and include 24-hour security, heated swimming pool, state-of-the-art fitness center, spa, sauna, steam room, covered parking, media room with theatre system, state-of-the-art fitness center, high-speed elevators, full time valet and concierge services and pet friendly.
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Oprah sold her beautiful two bedroom Fisher Island condo in Seaside Village for a reduced price but still saw incredible gains. While Oprah doesn’t necessarily have to worry about finances, she made an incredible real estate investment on her Fisher Island condo showing sound real estate investment practices and real estate investment savvy. She originally purchased the home in 1996 for $660,000, after keeping the condo for over ten years and maintaining it well the value of the property more than doubled to around two million dollars. It eventually sold last month for around 1.7 million and while the new owners got a great deal on this condo, Oprah came out with over one million dollars worth of profit from her initial investment.
Oprah shows the value of Fisher Island real estate and long term property ownership. Oprah not only purchased a condo well within her affordability, but she also owned it long enough for the property value to appreciate to a very nice profit. The condo is a beautiful waterfront condo with two bedrooms, two bathrooms and a spacious balcony. The condo also comes with wood and marble floors, high ceilings, floor-to-ceiling sliding glass doors, custom wood built-in flat screen TV and beautifully elegant tropical designs. Seaside Village amenities include 24-hour security, heated swimming pools, fitness center, sauna, reserved parking spaces.
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