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May 2007
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5 interesting subjects this month:
- A new Publix in South Beach
- Launch of Condoideas.com
- Back to the basics of real estate
- Port Tunnel to relieve downtown traffic
- Our usual deal of the month
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New Publix in South Beach: 5th street and Alton |
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South Beach is alive and buzzing with new
development projects, including the much-
anticipated new shopping center to be built at
5th Street and Alton Avenue.
This 179,000 sf retail center is expected to
begin construction
on June 7th, according to the Miami Herald.
The Herald also reports that the center is
expected to include a 45,000 sf Publix
supermarket.
950+ Spaces in level floor garage, accessible
by speed ramps, which will enable customers
to easily drive directly to your store entrance.
This is the most inviting and consumer-friendly
retail-parking environment available anywhere
on Miami Beach .
Floor plates can accommodate up to 55,000
Square Feet with Parking available directly at
the front door.
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Launch of Condoideas.com |
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I am happy to announce that we are
successfully
launching the first phase of my website
www.Condoideas.com
This website is designed to help you search
for condos in Miami Beach and downtown
Miami. Our condo selection will increase within
the next few months.
It will also help you understand the home
buying and selling process,as well as financial
and tax aspects you should consider before
any real estate investments.
Feel free to scroll through it and gather as
much information you want about Miami Beach.
Any suggestions you might have to improve
your search on the website are welcome.
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Back to the basics of real estate investment |
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If you are considering buying real
estate, now
is an
ideal time to go back to the basics.
First of all you need to think about your
goal. Are you looking for a short term profit or
are you looking for a mid to long term
investment that you will hold for several years?
Then you have to understand that risk
goes with high return (dot-com or
preconstruction investments). While you can
make 25% profit in an investment you are also
running the risk to loose everything.
Understanding the nature of your
investment is the third rule. Stock exchange
can loose it's value overnight while this doesn't
happen in real estate. You have a lot more
time to think about your real estate strategy as
it is a less turbulent environment.
Finally, you have to remember that real
estate is a long-term investment delivering
substancial returns to aptient investors.
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Port Tunnel to relieve downtown traffic |
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The Florida Department of Transportation has
announced bids for the construction of the
long-awaited Port of Miami Tunnel.
The three
major construction firms that are bidding for
the project are: Bouygues Travaux Publics,
S.A., Spain's ACS Infrastructure/Dragados,
and FCC Construction MorganStanley, which
includes U.S. firms Hatch Mott MacDonald and
Edwards & Kelcey.
The Port of Miami tunnel is designed to start
from the west end of MacArthur Causeway, run
underneath Watson Island, and end at the
port. The goal of the tunnel is to relieve truck
traffic to and from the port into the streets of
Downtown Miami. This tunnel will be the largest
bored tunnel in the United States and
construction is expected to take around four
years.
Financing for the tunnel will be split equally
between the Florida Department of
Transportation (FDOT) and Miami-Dade
County.
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Deal of the month: $299,000 - 1 bed + parking in South Beach |
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Brand new condo conversion
1 deeded parking space
1 block to Lincoln road
630 sqft
2nd floor corner unit
Marvellous Mediterranean courtyard
Great deal: Other units priced at
$350,000
Hardwood floors
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Contact Information
Cell:
305 491 5583
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