Posts Tagged ‘key biscayne real estate’

The Newest Key Biscayne Real Estate Controversy: The MAST Academy Proposal

September 10, 2012

Over the years, the Key Biscayne real estate market has faced a series of controversies which revolve around the numerous construction projects that have resulted in several hotels and condominiums within the beautiful island community — projects which have essentially triggered a rise in the area’s population.

However, one of the most recent controversies happens to involve an expansion plan which has nothing at all to do with any hotels or condominiums. In fact, the plan has much to do with the need for a local high school which many hope will materialize in the form of the Maritime and Science Technology (MAST) Academy.

The Key Biscayne Community

People who seek an ideal community setting within Florida often come to find Key Biscayne real estate to be a perfect option, especially since it is one of the region’s most exclusive oceanfront communities today.

The community itself is located on an island that goes by the same name. It is situated south of Miami Beach and east of Miami proper which means that people who choose to live within Key Biscayne can easily access both cities with relative ease by taking the Rickenbacker Causeway to the mainland.

In 2010, the area’s population was recorded to be 12,344 which marks an increase of 17.5 percent in a span of just one decade. According to recent statistics, the estimated median household income for the community is $99,796 which is above the average household income for the state of Florida.

The Need for a Local High School

As the population within the community continues to grow, so does the general need for a local high school. As a matter of fact, the community has pledged $18 million in financing which is inclusive of construction contributions of about $9 million in order to see to it that the plan will push through.

In the event that the proposed MAST Academy plan is approved, residents can look forward to two new academies which will offer 1,100 seats which will prioritize Key Biscayne residents. Also mentioned in the proposal is the fact that, once the expansion project has reached completion, the school is set to be renamed to MAST Academy at Virginia Key.

Its Impact on Key Biscayne Real Estate

One of the important aspects that property buyers look into when it comes to their list of options is making sure that they have everything that they need, including schools. In the event that the MAST Academy proposal pushes through with success, it could be a great advantage for the Key Biscayne real estate market as property buyers will be more inclined to live within the community knowing that there is a good school that would be located within close proximity to home.

If you would like to learn about the different options that are currently offered on the Key Biscayne real estate market, you should contact a professional agent for more information.

Yaz Morgan

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Advice For People Selling Their Miami Real Estate — Keep An Eye Out For These 2 Major Deal-Breakers

August 15, 2011

There are quite a number of Miami real estate owners that hope to sell their property due to the fact that they have become less complacent about the current start of the market despite all the signs which indicate otherwise. Nevertheless, these real estate owners should be able to get valuable advice on how to make sure that they home properties find their way off the market and into the hands of wonderful new owners.

These days, real estate buyers tend to be more careful about the real estate deals that they engage in. Not only are they looking to buy Miami real estate for cheap, they are also looking to make sure that they are able to inspect every single detail right down to the nitty-gritty. Here are two of the most common deal-breakers that people need to look out for, especially when the real estate property that is being under inspection happens to be yours:

FPE Breaker Boxes

People tend to be quite wary when it comes to FPE breaker boxes because of all the known performance issues that have been recorded over the years. In fact, these breaker boxes are no longer being produced. But being such a big hit among home owners during the past few decades, it seems that many of the homes around Miami still have these breaker boxes installed on the property and this is something that a professional real estate inspector is not going to overlook.

Aluminum Wiring

The nature of aluminum wiring is known to cause it to expend and contract more than other wiring materials such as copper which is often the material of preference for components that are installed around the property. Now, the problem with aluminum is that its characteristics make it prone to become loose over time and this can become a major problem whenever excessive heat is created which may lead to fire. Having to rewire a Miami real estate home property completely can be very expensive, but this is the only way that this problem can be addressed and real estate buyers are less than keen about having to pay for such expenses.

If you are looking to place your real estate home property for sale on the market today then you should make it a point to conduct your own form of inspection before potential real estate buyers come in with their own professional real estate inspectors.

Joan Vonnegut

Miami Luxury Condos Have Been The Leading Force In Pulling The Local Luxury Real Estate Market Up

August 11, 2011

The market for luxury real estate in the region of Miami has definitely been showing signs of improvement within the first few months of 2011 and this is something that goes very well considering that the rental market for the same region has been known to be giving off the same results so far.

People that have been keen on observing the Miami real estate market over the past 2 years will know how amazing it is for so much to take shape in a positive way after the big blow which has struck markets all over the nation. It seems too good to be true for many but the fact of the matter is that these things are really happening and there is no denying the fact that this is just the beginning.

Among the many luxury real estate properties that have been taking the spotlight for the early half of 2011, we find that Miami luxury condos to have been sold have managed to gain an average of 51 sales per month — and these Miami luxury condos went for sales of over $1 million per unit. As far as the home properties go on the luxury real estate market, the first half of the year has projected an average of 41 home sales for the similar price range as the luxury condos around the region.

Should these statistics be used as grounds for future projections, what we are looking at are sales of about 1104 by the end of the year. Given these projections, we could very well be looking at an increase in sales of up to 22 percent — a substantial figure that could further note how resilient the local market of Miami truly is.

Real estate experts that have looked into the activity for the first half of 2011 have observed that the aggressive activity has been driven largely by foreign buyers that have shown a massive interest in many of these Miami luxury condos that have been setting rise around the region. A great majority of these foreign buyers seem to hail from Latin American nations where people find that the weather conditions that are quite similar to that of home allows them to be in a setting that is as pleasant as it could possibly get.

As the demand for these Miami luxury condos has grown in notable numbers, we are likely to find that the prices for these high-end residential options are sure to rise in the months to come, especially now that the signs of positive reinforcement are looking very steady for the market as a whole.

Joan Vonnegut

Key Biscayne Real Estate — Ideal For People Who Need To Shift Into A Much More Relaxed Pace In Life

July 28, 2011

There comes a time in the life of every person where it feels right to just take things slow for a change. After all, not everyone should be living life at full speed, especially once you have hit a certain age. There are many individuals that even prefer moving to a different type of setting in order to make these things even more worthwhile, and one of the particular areas that seem to work perfectly for these ideals happens to be Key Biscayne.

Key Biscayne is an upscale village located in the Miami-Dade County of Florida which is set on a beautiful island that lies south of Miami Beach and is connected to the rest of Miami by the Rickenbacker Causeway. Many know Key Biscayne for its relation to Richard M. Nixon as being the hang-out spot of preference for him and his friend, Bebe Rebozo. Being selected as a place of preference by the 37th president of the United States makes for a very substantial indication that Key Biscayne is truly an outstanding location for people who wish to relax and unwind.

Although there has been quite some time to have gone by since people have found presidential helicopters coming by the island village of Key Biscayne, people continue to understand the great joy and satisfaction that people can get by simply being in the area. Its quiet appeal is effectively soothing and the fact that there is a great abundance in natural beauty makes it even more ideal for a laid-back environment setting that anyone would surely want to indulge in.

In fact, there are a lot of people to take an interest in the various real estate options that are available in Key Biscayne. People from different parts of the world find comfort in the various Key Biscayne real estate options which are ideal for those whose needs include being in a community that is highly exclusive. Many of the real estate properties found on the local market serve as perfect second-homes for wealthy individuals, and people who enjoy coming to South Beach for holiday often find it to be a great idea to come to this beautiful island village as an alternative to the usual holiday package that is offered in other parts of the region.

If you wish to shift gears from living on the fast lane and moving into a much more relaxed pace of life, perhaps it’s about time that you looked at your options on the Key Biscayne real estate to find out whether the home of your dreams could be right in the heart of this amazing island village where life is best enjoyed if you learn to take it slow.

Joan Vonnegut

Key Biscayne Real Estate Features Properties Suitable For People Who Seek A Slice Of Tropical Paradise

July 22, 2011

Living in Florida can be one of the most exciting things that you can experience in your lifetime, but finding the best part of the state that is most suitable to your way of living can be tricky since there so many options to choose from that you might end up finding yourself at a loss in narrowing down your preferences.

It helps to consider things that are of utmost value to you when it comes to the way that you live your life, and it can be considered to be very important that you tackle these points carefully, especially since you are the only one who can determine what these points are. Finding yourself at the point wherein you have the financial liberty to see to it that you are in full control of how you run your life can definitely set your spirits soaring high, so you might as well take advantage of all the resources you have so that you can see to it that you do not end up carried away when you finally decide to seal the deal on any random offer that comes your way.

If the idea of living in a tropical paradise is something that you would like to enjoy on a daily basis, then you might want to check out Key Biscayne since it is known for its great appeal to potential homebuyers who are looking to live in the most pleasant type of beach setting possible. As much as the area may look and feel like a page torn from a National Geographic magazine, you will find that there is such a homely connection that has yet to be made if you haven’t already felt it yet.

Beautiful parks and other fantastic establishment found in the area make for a great component in making Key Biscayne real estate properties such a win. The fact that this place sets itself apart from the rest of its surrounding neighbors only add to the profound joy of living in such an exclusive location, and this is something that a lot of people are looking to enjoy whenever they go about finding real estate that they will stick to for the rest of their lives.

When it comes to making real estate decisions, people should be able to understand how important it is to see the big picture, and to think about things in the long-term sense, especially if you are at the point wherein you need to choose before you are stripped of the power to make a choice.

Joan Vonnegut