miami's luxury homes markets
TRANSCRIPT
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Miami Luxury Homes Market
March 2013
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2PARINVEST ASSET MANAGEMENT
Section 1: Areas of Study
Section 2: Venetians Islands Market
Section 3: Hibiscus, Palm and Star Islands Market
Section 4: Sunset Islands & North Bay Rd Market
Section 5: Indian Creek
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3PARINVEST ASSET MANAGEMENT
Luxury Homes Areas of Study
VENETIANS ISLANDS
SUNSET ISLAND & NORTH BAY RD
SUNSET ISLAND & NORTH BAY RD
HIBISCUS, STAR & PALM ISLANDS
HIBISCUS, STAR & PALM ISLANDS
INDIAN CREEKINDIAN CREEK
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4PARINVEST ASSET MANAGEMENT
Waterfront Prices Per Square Feet
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5PARINVEST ASSET MANAGEMENT
Waterfront Price Per Square Feet
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6PARINVEST ASSET MANAGEMENT
Waterfront Price Per Square Feet
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7PARINVEST ASSET MANAGEMENT
Section 1: Areas of Study
Section 2: Venetians Islands Market
Section 3: Hibiscus, Palm and Star Islands Market
Section 4: Sunset Islands & North Bay Rd Market
Section 5: Indian Creek
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8PARINVEST ASSET MANAGEMENT
Indian Creek Location
VENETIAN ISLANDS
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9PARINVEST ASSET MANAGEMENT
Venetian Islands Market
A chain of artificial islands in Biscayne Bay that connects both downtown Miami and Miami Beach. Real
Estate features a mix of beautiful, extravagant and luxurious waterfront homes and condos that reach
up to $30 million in value. Starting under $1 million, offer the experience of luxury living and the
seclusion and security of a tropical island residence. Although waterfront properties on the Venetian
Islands range in the millions, the diversity of choices and prices is wide. During the last crisis prices
experienced a significant decline making this an excellent opportunity for investors to own properties in
the Luxuries Venetian islands.
City
of
Mia
mi
Mia
mi B
eac
h
Rivo Alto
Di Lido
San Marino
San MarcoBiscayne Island
Belle Isle
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10PARINVEST ASSET MANAGEMENT
Venetian Islands Historic Sales
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11PARINVEST ASSET MANAGEMENT
Venetians Islands Market Data
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12PARINVEST ASSET MANAGEMENT
Venetians Islands Market Data
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13PARINVEST ASSET MANAGEMENT
Venetians Islands Market Data
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14PARINVEST ASSET MANAGEMENT
Venetian Islands Market (Last Year Waterfront Closed Sales)
$6.2 MILLIONPRICE
SPREAD
$6.2 MILLIONPRICE
SPREAD
$932 PSFPRICE
SPREAD
$932 PSFPRICE
SPREAD
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15PARINVEST ASSET MANAGEMENT
Venetian Islands Market (Last Year Waterfront Closed Sales)
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16PARINVEST ASSET MANAGEMENT
Venetian Islands Market (Active Waterfront Homes)
$2,008 PSFPRICE
SPREAD
$2,008 PSFPRICE
SPREAD
$7.6 MILLIONPRICE
SPREAD
$7.6 MILLIONPRICE
SPREAD
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17PARINVEST ASSET MANAGEMENT
Venetian Islands Waterfront Active Homes Locations
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18PARINVEST ASSET MANAGEMENT
Example Renovated Property On Venetian Causeway
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19PARINVEST ASSET MANAGEMENT
Example Renovated Property On Venetian Causeway
Spectacular renovated waterfront home on Venetian Causeway. (Currently On Sale)
Finely appointed 5 bed/5.5 bath home boast unsurpassed quality and craftsmanship: lustrous marble & hardwood floors, vaulted ceilings, large chef's kitchen, media room, surround sound, koi pond, pool, dock and boat lift. Lush outdoor landscaping gives extra privacy. Large lot and a half, with 90ft water frontage.
($1,636 PSF)
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20PARINVEST ASSET MANAGEMENT
300 W Rivo Alto Dr Sale History
Previous Sales
Date Price $ $ / SqFt Feb-2006 $4,622,000 $720 Previous Purchase Price $4,622,000Aug-2005 $3,200,000 $499 Sala Price $10,500,000Aug-1973 $135,000 $21 Margin $5,878,000
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21PARINVEST ASSET MANAGEMENT
Property Location
PROPERTYPROPERTY
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22PARINVEST ASSET MANAGEMENT
Property Location
PROPERTYPROPERTY
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23PARINVEST ASSET MANAGEMENT
Example Renovated Property On Venetian Causeway
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24PARINVEST ASSET MANAGEMENT
Example Renovated Property On Venetian Causeway
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25PARINVEST ASSET MANAGEMENT
Example Renovated Property On Venetian Causeway
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26PARINVEST ASSET MANAGEMENT
Example Renovated Property On Venetian Causeway
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27PARINVEST ASSET MANAGEMENT
Acquisition Opportunity (300 W Rivo Alto Dr)
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28PARINVEST ASSET MANAGEMENT
Acquisition Opportunity
(300 W Rivo Alto Dr, Miami Beach, FL 33139)
Bank Owned opportunity
One of the Island's Best wide bay Views with north exposure overlooking small wild refuge island short distance away. home is elevated with amazing breeze & many windows.
Most of the property has not been renovated since the 70's and offers a great potential to renovate with cutting edge modern style, Dock, Boat lift and plenty of room for multiple boats
($482 PSF)
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29PARINVEST ASSET MANAGEMENT
Property Location
PROPERTYPROPERTY
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30PARINVEST ASSET MANAGEMENT
Property Location
PROPERTYPROPERTY
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31PARINVEST ASSET MANAGEMENT
Acquisition Opportunity
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32PARINVEST ASSET MANAGEMENT
Acquisition Opportunity
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33PARINVEST ASSET MANAGEMENT
Acquisition Opportunity
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34PARINVEST ASSET MANAGEMENT
Acquisition Opportunity
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35PARINVEST ASSET MANAGEMENT
Section 1: Areas of Study
Section 2: Venetians Islands Market
Section 3: Hibiscus, Palm and Star Islands Market
Section 4: Sunset Islands & North Bay Rd Market
Section 5: Indian Creek
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36PARINVEST ASSET MANAGEMENT
Hibiscus, Palm and Star Islands Location
HIBISCUS, PALM & STAR ISLANDS
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37PARINVEST ASSET MANAGEMENT
Hibiscus, Star & Palm Islands Historical Prices
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38PARINVEST ASSET MANAGEMENT
Hibiscus, Star & Palm Islands Market Data
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39PARINVEST ASSET MANAGEMENT
Hibiscus, Star & Palm Islands Market Data
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40PARINVEST ASSET MANAGEMENT
Hibiscus, Star & Palm Islands Market Data
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41PARINVEST ASSET MANAGEMENT
Section 1: Areas of Study
Section 2: Venetians Islands Market
Section 3: Hibiscus, Palm and Star Islands Market
Section 4: Sunset Islands & North Bay Rd Market
Section 5: Indian Creek
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42PARINVEST ASSET MANAGEMENT
Sunset Islands & North Bay Rd. Location
SUNSET ISLANDS & NORTH BAY RD.
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43PARINVEST ASSET MANAGEMENT
Sunset Islands & North Bay Rd Historical Prices
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44PARINVEST ASSET MANAGEMENT
Sunset Islands & North Bay Rd Market Data
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45PARINVEST ASSET MANAGEMENT
Sunset Islands & North Bay Rd Market Data
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46PARINVEST ASSET MANAGEMENT
Sunset Islands & North Bay Rd Market Data
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47PARINVEST ASSET MANAGEMENT
Section 1: Areas of Study
Section 2: Venetians Islands Market
Section 3: Hibiscus, Palm and Star Islands Market
Section 4: Sunset Islands & North Bay Rd Market
Section 5: Indian Creek
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48PARINVEST ASSET MANAGEMENT
Indian Creek Location
INDIAN CREEK
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49PARINVEST ASSET MANAGEMENT
Indian Creek Historical Prices
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50PARINVEST ASSET MANAGEMENT
Indian Creek Market Data
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51PARINVEST ASSET MANAGEMENT
Indian Creek Market Data