Luxury real estate has been making a standout in Miami in the past few decades. From a lavish condominium in the center of the city to an indulging tropical residence in front of the sparkling sea, these properties are brought to life by some of the most renowned developers, architects and designers encompassing a wide range of style, setting, size and design, and this way leveling up the South Florida high standard living.
Now, finding the right luxury condo is not always a natural process if the buyer rushes through the purchase, in fact, it can get to be a little exhausting without having full awareness of everything involved.
Here we are going to present you some fundamental steps to take into account when buying a luxury property:
Find the right setting
When choosing your home location, you have to bear in mind some essential details as taxes, conveniences-facilities, schools, drive time, etc. so you have to make sure you to do in-depth research through the different communities and exploring their neighborhoods not only online but by driving or walking them.
Purchase right timing
Buyers always have to be one step forward, and the smartest way of catching the hottest properties at a reasonable lower price is to wait until the off-season is on. How to know that? Simple, you have to pay attention to the supply and demand drive prices which indicate that winter is the right moment to catch the best offers.
The best way of finding luxury properties by up to 60% below market value, is to look for foreclosure listings. Most buyers avoid them due to a wrong theory that they can be only purchased only with cash when the fact is that most of them can be financed.
Hire a Professional real estate agent/broker
No one knows the real estate luxury market better than a real estate agent. They have the right information, the right connections, and they surely know where to find the right properties and the right concessions. Remember that not all the properties on the market are always listed for privacy issues. So let the experts do the hard work.
You might want to check out some of the hottest options currently on the market:
This outstanding property is set on a prime waterfront location in Biscayne Bay, delivering the ultimate treats of a high-style lifestyle. The residential building features 51 stories with 173 residences and amenities such as a lap pool & Jacuzzi, racquetball and tennis courts and a modern fitness center, among others. Also, by being designed by Revuelta Vega Leon Architects the lavish tower counts with spacious floor plans, flow-through designs and the upgraded features and fixtures. Residences go from $ 1.7 M to $ 11 M
Located on the upgraded South of Fifth neighborhood, this luxury condo is made up of two towers with 37 and 40 stories respectively. Residences are embraced by walls of glass, 10-foot ceilings and wrap-around balconies, massive terraces, and 20 diverse floor plans with endless views of the ocean. Amenities include a private tennis club, world-class fitness center and a free-form lagoon swimming pool. Prices start at $ 975,000.
This is a spectacular two-tower condominium that can be found in the South of Fifth neighborhood with a prominent structure visible from Key Biscayne and Fisher Island. The building offers 1, 2, 3, 4 and 5 bedroom units and penthouses with incredible views of the Atlantic Ocean, the Miami skyline, Fisher Island, Government Cut and South Beach. Units and penthouses range in size from 858 sq. ft. to over 3,000 sq. ft. and they all feature Bright, open living spaces, floor-to-ceiling windows and magnificent views. A full-service beach club, a lagoon swimming pool, and elegant meeting rooms are some of the amenities on site. You can find units from $ 849,000
Muse Residences is a high-end luxury boutique building in the heart of Sunny Isles on the striking coastline of South Florida. This exclusive development features the utmost state-of-the-art technologies including intelligent shade system, biometric technology, and intelligent parking, plus incredible panoramic ocean and Intracoastal views and the most sumptuous amenities that include a serene infinity edge pool and spa, a state of the art gym, and a stunning breakfast room overlooking the ocean. Average price from $ 4.7 M
This exclusive high-rise building was designed by the acclaimed Renzo Piano and it is set on the edge of Parkland and Atlantic Ocean near the Miami Beach. Residents enjoy full privacy and comfort with only two residences per floor and incredible panoramic views and inspiring fully finished interiors. Also, state-of-the-art technologies, oversized terraces with summer kitchens, and the most pampering amenities that include refreshing pools and cabanas and a soul center spa are available for residents to enjoy. Units go from $3.1 M to $ 21 M
If your goal is to become the proud owner of a South Florida luxury home, don’t forget to rush; follow the proper steps, so you purchase will be a total success.