Miami Real Estate Learning Center

Airbnb/Sports and health/Selling strategy/Aria on the Bay/Lobster Bar/Deal of the month: 4 Midtown



AIRBNB IN MIAMI & MIAMI BEACH : AGREEMENT FOUND

Airbnb finally found an agreement with Miami-Dade County regarding the taxation of its units. Airbnb will collect occupancy taxes on behalf of the 6,800 hosts and remit it to Miami-Dade. Considering the successful past year, it's supposed to collect $8M from short term rentals. Miami is the fourth largest market for Airbnb after New York, Los Angeles and San Francisco. The deal consists in getting a 6% tax from the hosts in almost all the county. In Miami Beach Airbnb would only collect a 3% convention tax but not the 4% city bed tax. Be careful since this agreement doesn't prevent you from loosing your homestead exemption if you rent on Airbnb. I know some clients who had to pay back property taxes with a 50% penalty and a 15% interest rate because they rented their homesteaded condo.

SPORTS AND HEALTH

Spring just started so we feel positive and it's the perfect time for the Sport's in Miami. Improve your flexibility and relax with yoga. In South Pointe, there are free classes on the beach next to the lifeguard house on 3rd street at 7 am and 6 pm. Don't forget to leave a tip ! Why don't you try golf? and get me out of the office for a game during the week ! There are 20 award-winning golf courses in Miami. At the Biltmore, get a 6 months membership for only $1,800 with unlimited free green fees, free range balls and free cart fees. This offer is only valid thru the end of April. If you love water sports, try doing kayak or paddle board on the bay. You can get a 10% off in April.

2 TRICKS TO QUICKLY SELL/RENT YOUR PROPERTY

Did you know that it takes the human brain only 7 seconds to make an idea on something? and maybe also on someone ! So first impressions count and pictures sell.. To attract buyers/tenants to my listings I need beautiful pictures. So after taking photography classes, I decided to become a magician with the help of Photoshop and/or a professional stager. You have 2 options to stage your apt/house. 1. Stage your unit with a professional designer to give it a new appeal. Pictures will look great and the prospective client will be impressed to see a manicured condo. A turn key unit is a plus for a buyer. For a 1 bed it's around $2,700 for 2 months and then $1000 for additional months. But let me tell you that you won't need additional months ! I sold my listing at the first visit after staging it whereas it had been for 2 months on the market. 2. The second option is cheaper and it's called virtual staging. See this picture here above? Well it's all fake furniture ! You just send in the picture and they stage it for you. If you have an empty unit or a unit with ugly furniture they will modify it for you. Don't forget, we sell dreams !

ARIA ON THE BAY

Aria on the bay condo represents one of the best chances to invest in the luxury real estate market. It's right now the best quality for the price in Edgewater. It's a high-end, luxury construction in the middle of the arts and entertainment area. It's walking distance from the Perez Art Museum, the ballet, the opera and the American Airlines. It's just 10 minutes away from Design District, Wynwood, Downtown and Midtown. And it's ready to move in in a few months. The building is a 53 stories building and it's already at the 52 nd floor. Only the interiors are missing. At the latest the building will be delivered on February 2018. Let's have a look at these very competitive prices:

1 bed: from $414,900 to $596,900

2 bed: from $695,900 to $890,900

3 bed: from $922,900 to $1,853,900

LOBSTER BAR SEA GRILLE

It's easy to find a new restaurant opening in Miami. Restaurants are popping out everywhere ! We are very lucky on the gastronomic scene. This new restaurant opened where China Grill used to be. It is sophisticated and contemporary with some touches that remind the marine world. Personally, I loved the vaulted ceiling. Their specialties include grilled fish from the Mediterranean, lobsters and seafood. We ordered the Mediterranean Sea Bass, the Salmon Sautè and the Lobster Morsels. The food was delicious and prices are reasonable. You can also go there for happy hour to try their cocktails. Their Greek wine is good.

4 MIDTOWN H2008

For sale at $ 370,000

861/sqft

1 bed / 1.5 bath

Gorgeous view of the bay

Midtown, Miami

For more info: 4 Midtown H2008