SUNNY ISLES MIAMI DADE FLORIDA REAL ESTATE BIGGEST SALES (01-27-2023)

SUNNY ISLES MIAMI DADE FLORIDA REAL ESTATE BIGGEST SALES

*as of January 27, 2023

WE HAVE THE KEY TO YOUR DREAM HOME. CHECK OUT REAL ESTATE PROPERTIES FOR SALE IN SUNNY ISLES.

Call now for real estate inquiries! 305-741-2142 or visit www.ralphmagin.com

#RealEstateMiami #SouthFloridaRealEstate #RealEstateSunnyIsles #SunnyIslesRealEstate #SunnyIslesEstate  #RealEstateSouthFlorida

Why You Shouldn’t Fear Today’s Foreclosure Headlines in Miami-Dade Florida

You’re certainly not alone if you’ve seen recent headlines about foreclosures surging in the housing market. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission-critical if you want to know the truth about what’s happening today. Here’s a deeper look.

According to the Year-End 2022 U.S. Foreclosure Market Report from ATTOM, foreclosure filings are up 115% from 2021, but down 34% from 2019. As media headlines grab onto this 115% increase, it’s more important than ever to put that percentage into context.

While the number of foreclosure filings did more than double last year, we need to remember why that happened and how it compares to more normal, pre-pandemic years in the market. Thanks to the forbearance program and other relief options for homeowners, foreclosure filings were down to record-low levels in 2020 and 2021, so any increase last year is — no surprise — a jump up. Rick Sharga, Executive VP of Market Intelligence at ATTOM, notes:

“Eighteen months after the end of the government’s foreclosure moratorium, and with less than five percent of the 8.4 million borrowers who entered the CARES Act forbearance program remaining, foreclosure activity remains significantly lower than it was prior to the COVID-19 pandemic. It seems clear that government and mortgage industry efforts during the pandemic, coupled with a strong economy, have helped prevent millions of unnecessary foreclosures.”

Clearly, these options meant millions of homeowners could stay in their homes, allowing them to get back on their feet during a very challenging period. With home values rising at the same time, many homeowners who may have found themselves facing foreclosure under other circumstances were able to leverage their equity and sell their houses rather than face foreclosure, and that trend continues today.And remember, as the graph below shows, foreclosures today are far below the record-high 2.9 million that was reported in 2010 when the housing market crashed.

So, while foreclosures are rising, keeping perspective in mind is key. As Bill McBride, Founder and Author of Calculated Risk, noted just last week:

“The bottom line is there will be an increase in foreclosures over the next year (from record low levels), but there will not be a huge wave of distressed sales as happened following the housing bubble. The distressed sales during the housing bust led to cascading price declines, and that will not happen this time.”

Bottom Line

Right now, putting the data into context is more important than ever. While the housing market is experiencing an expected rise in foreclosures, it’s nowhere near the crisis levels seen when the housing bubble burst, and that won’t lead to a crash in home prices.

#RealEstateMiami #SouthFloridaRealEstate #RealEstateSunnyIsles #SunnyIslesRealEstate #SunnyIslesEstate  #RealEstateSouthFlorida

#MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida 

Check out homes for sale in Sunny Isles. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Residential Real Estate
44 Years Experience Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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Explore El Portal Miami-Dade Florida

Explore El Portal Miami-Dade Florida

El Portal an interesting and distinctive location in Miami that you need to consider visiting. Explore the neighborhood’s great spots by finding your way around.

Distance to popular areas

  • South Beach: 10.9 miles
  • Design District: 3 miles
  • Midtown: 3.5 mile
  • Wynwood: 4 miles
  • Downtown Miami: 7.2 miles
  • Brickell City Center: 7.7 miles
  • Miami International Airport: 8.6 miles
  • Aventura Mall: 8.6 miles

The Citadel: The Citadel Restaurant Miami Dade is the ideal spot for you if you’re searching for a tasty, fresh lunch that won’t break the wallet. This contemporary attraction is a recent addition to the West Little River community on the outskirts of El Portal. It features a food hall, beverages, sustainable stores, live music, and a rooftop bar. This is an excellent place to go if you want to spend an evening on the rooftop or are uncertain of your appetite. There includes a rooftop bar and a concert venue in addition to a food hall with 15 restaurants. a handy location to pick up meals, gelato, baked goods, and a much-needed bottle of wine. On the rooftop, you may enjoy a yoga class in mornings, and at night, you can see famous Miami musicians perform until early dawn.

The Mound (Sherwood Forest Indian Mound): The mound, which has been used as a park since 1926 and as a city park since the late 1950s, dates back to as far as 500 BCE. It is the sole surviving Indian burial mound in metropolitan Broward County and one of 20 to 50 built by the Tequesta in central to southern Florida. The Sherwood portion of El Portal Village contains the Tequesta Indian Burial Mound. Come by and take in this prehistoric wonder; it is the first archaeological site in Miami-Dade County to be officially acknowledged and maintained.

Miami Shores Recreation/Community Center and Aquatic Park: Although this is a Miami Shores establishment, it is open to everyone, which is wonderful news. You should spend your free time there. For audiences of all ages and interests, they provide entertaining and informative programming. The facility offers a number of services, including a gym, a multipurpose room, and numerous kid-friendly playgrounds. Additionally, it has a large swimming pool with a kiddie area and a basketball court outside. The recreation center’s pool features a lazy river, diving boards, fountains, and water slides. The center offers a wide range of outdoor activities for children and adults over the summer, such as soccer, baseball, basketball, sewing, tumbling, bridge, dancing, concerts, movie evenings, and much more. Throughout the year, competitive swim meets are held at the community center’s Olympic-sized pool.

Miami Shores Downtown: El Portal’s location between two trendy neighborhoods is advantageous. To the south is the aforementioned Citadel, while to the north is Miami Shoes Downtown. To leap, stroll through the parks, eateries, and small businesses that are typically close to your home. The Main Street commercial district, which contains a variety of eateries and stores, is the area’s main attraction. In recent years, there has been an increase in residential construction in the downtown region, with many brand-new condominiums and apartment complexes rising there.

#RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiBeach #NorthMiamiBeachRealEstate #MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida

Check out homes for sale in North Miami Beach. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Realty
Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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Village of El Portal Miami-Florida

Village of El Portal Miami-Florida

Florida’s El Portal neighborhood is a fantastic area to live, work, and raise a family. this tiny community called El Portal is hidden away in a thin patch of forest. The neighborhood is minutes away from everything the city has to offer and is situated in the center of Miami-Dade County. The town is close to the Florida Turnpike and the Palmetto Expressway and is about 20 miles from the Miami International Airport.) It’s one of Miami’s most hidden-but-beautiful neighborhoods, with Mediterranean-inspired architecture masked by the lush vegetation and big oak and poinsettia trees. Despite being a little bit removed from the action, Miami Shores and West Little River provide various dining and entertainment options within a 2-minute drive. El Portal is ready for you if you wish to be anonymous and are looking to be in a natural setting. El Portal, Miami-Dade County, Florida residents strive diligently to maintain a lovely environment where people desire to live.

El Portal Demographics

  • Population:  2,325 people living in El Portal.
  • Median age:  36 years old.
  • Average family size: 3.59 members.
  • Median household income: $101,047.00

Features that distinguish the El Portal neighborhood:

Off-track Village Vibe: El Portal is so small, most people drive by it without ever noticing. It’s not even a half square mile in size! But what it doesn’t have in wide open spaces, it has in natural beauty. The neighborhood is under a hundred-year-old canopy, the streets are winding, and the homes hidden behind wild foliage. If what you want is seclusion, look no further. Hide in El Portal.

Protected Forest: El Portal has been a state-designated bird sanctuary for more than 50 years, which prohibits tree cutting and all other forms of bird destruction. So we advise you to let a peacock cross the road unimpeded. The community also has a nature trail that is possibly for bird watching.

Dynamic and vibrant neighborhood: The small town is particularly focused on the environment and offers workshops on planting and caring for flora. They understand the importance of being environmentally friendly, but often times it can be difficult to take action. Additionally, there are regular picnics held there for just about every holiday, including barbecues on July 4th and Arbor Day.

Location: The proximity to other wonderful communities as well as the ability to retreat to the El Portal’s cozy embrace is appreciated. It is the perfect neighborhood to experience the best of both worlds – exciting new adventures or simply leading a hermit’s life. 

History of the El Portal neighborhood:

El Portal Miami is an incredibly historic site that spans over 2,000 years of American history. The earliest evidence of human activity at the site dates back to around 1,000 B.C., with subsequent artifacts found at the site dating back to the Late Archaic period from about 300 to 800 A.D. . By the time the Spanish explorers arrived in the New World in the sixteenth century, the site was already heavily impacted by human use. During the Spanish colonial period, the area surrounding the El Portal was known as “Ojo de Agua” or “Eye of the Water.” The site continues to be used by the community to this day. It is home to the popular “Deering Derby” fundraiser which raises money for the children of the local community. This little hamlet, which was incorporated on December 6, 1937, served as the Tequesta tribe region’s administrative center. El Portal, which translates to “the gate” in Spanish, refers to the two enormous wooden gates that once guarded the village’s entry but were demolished in the 1940s. Betty Wright, a soul singer, and her family lived in El Portal for a very long time. For a while, El Portal served as home to comedian Clerow “Flip” Wilson of the “Flip Wilson Show” and “People are Funny.”

#RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiBeach #NorthMiamiBeachRealEstate #MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida Check out homes for sale in North Miami Beach.

Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Realty
Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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NORTH MIAMI BEACH MIAMI DADE REAL ESTATE BIGGEST SALES (01-20-2023)

NORTH MIAMI BEACH MIAMI DADE REAL ESTATE BIGGEST SALES

WE HAVE THE KEY TO YOUR DREAM HOME. CHECK OUT REAL ESTATE PROPERTIES FOR SALE IN NORTH MIAMI BEACH .

Call now for real estate inquiries! 305-741-2142 or visit www.ralphmagin.com

#RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiBeach #NorthMiamiBeachRealEstate #MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida 

 

Pre-Approval in 2023: What You Need To Know in Miami-Dade Florida

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains:

“In a preapproval [sic], the lender tells you which types of loans you may be eligible to take out, how much you may be approved to borrow, and what your rate could be.”

Basically, pre-approval gives you critical information about the homebuying process that’ll help you understand your options and what you may be able to borrow.

How does it work? As part of the pre-approval process, a lender will look at your finances to determine what they’d be willing to loan you. From there, your lender will give you a pre-approval letter to help you understand how much money you can borrow. That can make it easier when you set out to search for homes because you’ll know your overall numbers. And with higher mortgage rates impacting affordability for many buyers today, a solid understanding of your numbers is even more important.

Pre-Approval Helps Show You’re a Serious Buyer

Another added benefit is pre-approval can help a seller feel more confident in your offer because it shows you’re serious about buying their house. A recent article from Forbes notes:

“From the seller’s perspective, a preapproval [sic] letter from a reputable local lender often can make the difference between accepting and rejecting an offer.”

This goes to show, even though you may not face the intense bidding wars you saw if you tried to buy during the pandemic, pre-approval is still an important part of making a strong offer. In fact, Christy Bieber, Personal Finance Writer at The Motley Fool explains it may be the most important part of making an offer:

“Pre-approval maximizes the chances you’ll be able to actually close the deal – and sellers want to see that.

The fact that a pre-approval gives you a better chance of getting your offer accepted is undoubtedly the most important reason to complete this step . . .”

Bottom Line

Getting pre-approved is an important first step towards buying a home. It lets you know what you can borrow and shows sellers you’re serious about purchasing their home. Connect with a local real estate professional and a trusted lender so you have the tools you need to purchase a home in today’s market.

#RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiBeach #NorthMiamiBeachRealEstate

#MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida 

 

Check out homes for sale in North Miami Beach. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Realty
Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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Enjoy Edgewater Miami-Dade Florida

Enjoy Edgewater Miami-Dade Florida

A fulfilling lifestyle and breathtaking views of the natural world are offered by residing in an opulent neighborhood like Edgewater Miami-Dade. When you stay at Edgewater, which is strategically placed close to locations that suit your lifestyle, you can enjoy the finest of everything.

Distance to popular areas

  • Design District: 1.1 miles
  • Midtown: .9 mile
  • Wynwood: .8 miles
  • Downtown Miami: 2.7 miles
  • Brickell Center: 3.5 miles
  • Miami Beach (South Beach): 6.6 miles
  • Miami International Airport: 6.9 miles
  • Aventura Mall: 15.5 miles

Some recommended places to visit:

Margaret Pace Park( 1745 N Bayshore Dr): In the busy city of Miami, this sizable park offers a tranquil, lovely sanctuary. Located on Biscayne Bay, this park is one of Miami’s most visited. There includes a dog park, a playground for young children, a basketball court, a tennis court, and a volleyball court. There are large open areas where people can run around and play flag football or fly kites or frisbees. A Friday afternoon stretching class was much better.

Wynwood: This neighborhood was once a small group of independent artists and has grown into an influential cultural force. Although street art predominates, there is also a wonderful variety of pop and contemporary art for you to view. Every hipster’s ideal neighborhood is created when you combine it with the fantastic cuisine and music scene. So spend a night in Wynwood nurturing your inner hipster.

Midtown Shops: Midtown Shops and the neighborhood are a wonderful diversion whether you’re changing your wardrobe or just out to take in all the cool stuff around you. It is a popular neighborhood to stay in Miami because it is close to restaurants, shopping, and a Target where you can buy groceries or cosmetics. The area is open and quite spacious, the streets are always kept tidy, and the surroundings are lovely. 

#RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiBeach #NorthMiamiBeachRealEstate #MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida 

Check out homes for sale in North Miami Beach. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries. 

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Realty
Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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Edgewater Miami – Dade Florida

Edgewater Miami – Dade Florida

Edgewater Miami – Dade

South of the Upper Eastside is a peaceful neighborhood called The Edgewater. It is primarily known for its luxurious multi-family buildings and mid-to-high-rise condominiums, with businesses on Biscayne Boulevard. The I-195 (Julia Tuttle Causeway) to the north, Biscayne Bay to the east, the Florida East Coast train track to the west and 17th Street to the south define the boundaries of Edgewater. It distinguishes itself with its parks and genuine local atmosphere. If you want to live in a welcoming, young community with much to do nearby, this is a great spot to do so. There is just so much one can do within the neighborhood.

Edgewater Demographics:

Population: over 16,000 people 

Median age:  35 years old

Average family size: 3.2 people

Edgewater Neighborhood Characteristics:

Diverse Neighborhood Feel: Edgewater is a charming residential neighborhood with modest apartment buildings and enormous luxury condos near the sea.Its warmth and diversity, which are complemented by stunning bay views, make it enjoyable.

Conducive Lifestyle: Edgewater offers fantastic activities for both daytime and nighttime enthusiasts. You’ll enjoy a wide range of enticing entertainment and diversion options. You can run, do yoga, play basketball or tennis, or engage in other activities in the area. After that, find a means to refuel with delicious food and a cool beverage.

Walkability: No matter where you reside, you can easily walk to groceries, parks, and even quick-stop shopping. You have the option of leaving your car at home or renting it out on Turo or Uber. Maximize your vehicle for a profit.

Central location: Nestled within some of Miami’s most popular neighborhoods, you’ll be strategically positioned to design a pretty amazing lifestyle. Downtown to the south, Midtown to the north and Wynwood to the west – you’ll have to fight the urge to create daily adventures.

A short history of Edgewater neighborhood:

Construction on Edgewater began in the 1920s, and as Miami saw booms and busts, so did its fortunes. The Miami Women’s Club is situated in edgewater. The establishment of public libraries in South Florida is their responsibility. A significant amount of affection went into it. Their four-story Mediterranean Revival structure is currently being restored to its former grandeur, complete with a rooftop lounge. Just ten years after Miami’s incorporation, in 1906, Frederick Rand began building in the neighborhood. At first known as Miramar, he sought to resemble the affluent homes and tree-lined lanes of the Miramar neighborhood, a beachfront area of Havana. Despite being almost as old as Miami itself, the region didn’t really take off until Biscayne Boulevard was built in the 1920s. The Miramar Hotel opened for operation in 1923. There, early Miami Beach developers like Carl Fisher, Thomas Pancoast, John Collins, and others frequently gathered to discuss and make plans. The Kennedys, the Duke and Duchess of Windsor, golfer Jack Nicklaus, and old blue eyes – Frank Sinatra – were some of the Miramar’s most well-known guests.

#RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiBeach #NorthMiamiBeachRealEstate #MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida

Check out homes for sale in North Miami Beach. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Realty
Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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NORTH MIAMI KEYSTONE SANS SOUCI MIAMI DADE FLORIDA REAL ESTATE BIGGEST SALES (01-13-2023)

NORTH MIAMI KEYSTONE SANS SOUCI MIAMI DADE FLORIDA REAL ESTATE BIGGEST SALES

*as of January 13, 2023

HAVE THE KEY TO YOUR DREAM HOME. CHECK OUT REAL ESTATE PROPERTIES FOR SALE IN NORTH MIAMI KEYSTONE.

#RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiKeystoneMiami #NorthMiamiKeystoneRealEstate #MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida #HomeForSaleSouthFlorida

3 Best Practices for Selling Your House This Year in Miami-Dade Florida

A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one.

A great way to ease some of those emotions and ensure you’re feeling confident in your decision is to keep these three best practices in mind.

1. Price Your Home Right

The housing market shifted in 2022 as mortgage rates rose, buyer demand eased, and the number of homes for sale grew. As a seller, you’ll want to recognize things are different now and price your house appropriately based on where the market is today. Greg McBride, Chief Financial Analyst at Bankrate, explains:

“Price your home realistically. This isn’t the housing market of April or May, so buyer traffic will be substantially slower, but appropriately priced homes are still selling quickly.”

If you price your house too high, you run the risk of deterring buyers. And if you go too low, you’re leaving money on the table. An experienced real estate agent can help determine what your ideal asking price should be.

2. Keep Your Emotions in Check

Today, homeowners are living in their houses longer. According to the National Association of Realtors (NAR), since 1985, the average time a homeowner has owned their home has increased from 5 to 10 years (see graph below):

This is several years longer than what used to be the historical norm. The side effect, however, is when you stay in one place for so long, you may get even more emotionally attached to your space. If it’s the first home you bought or the house where your loved ones grew up, it very likely means something extra special to you. Every room has memories, and it’s hard to detach from the sentimental value.

For some homeowners, that makes it even harder to negotiate and separate the emotional value of the house from fair market price. That’s why you need a real estate professional to help you with the negotiations along the way.

3. Stage Your Home Properly

While you may love your decor and how you’ve customized your home over the years, not all buyers will feel the same way about your design. That’s why it’s so important to make sure you focus on your home’s first impression so it appeals to as many buyers as possible. As NAR says:

“Staging is the art of preparing a home to appeal to the greatest number of potential buyers in your market. The right arrangements can move you into a higher price-point and help buyers fall in love the moment they walk through the door.”

Buyers want to envision themselves in the space so it truly feels like it could be their own. They need to see themselves inside with their furniture and keepsakes – not your pictures and decorations. A real estate professional can help you with tips to get your house ready to sell.

Bottom Line

If you’re considering selling your house, reach out to a local real estate professional to help you navigate through the process while prioritizing these best practices.

#RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiKeystoneMiami #NorthMiamiKeystoneRealEstate

#MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida 

Check out homes for sale in Midtown Miami. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Realty
Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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Downtown Miami-Dade Florida Gems

Downtown Miami-Dade Florida Gems

Downtown, a movable community with a constantly changing reputation, keeps expanding and modernizing. However, adapting has also resulted in the loss of numerous historic sites. However, it maintains a mix of historical, famous structures like the Freedom Tower alongside more modern ones, and there are many locations Downtown that still appears unaffected by the passage of time. It’s a location where Miami’s distant history and present converge.

Distance to popular areas: 

South Beach: 6.8 miles

Design District: 4.1 miles

Midtown: 4.2 mile

Wynwood: 2.5 miles

Downtown Miami: 0 miles

Brickell City Center: .6 miles

Miami International Airport: 8.3 miles

Aventura Mall: 16.9 miles

Must Visit Places in Downtown Miami:

Olympia Theater (174 E Flagler St, Miami): The theater opened its doors in 1926 with a design by John Eberson in his renowned atmospheric style. This famous landmark is simply too lovely to ignore.As soon as it was built in 1926, it served as a silent movie stadium. Fast-forward almost a century, and this masterfully renovated location hosts a variety of live performances, movies, community events, and social gatherings. This is a sight to behold and a one-of-a-kind viewing experience thanks to the Moorish architecture, ideal acoustics, golden balconies, and simulated shimmering night sky.

Adrienne Arsht Center for the Performing Arts (1300 Biscayne Blvd, Miami):  It is among the biggest performing arts venues in the country. Reach new heights with your love for drama. The stages are constantly bustling with international artists, cutting-edge programming from our resident companies and local arts partners, free neighborhood events that capture Miami’s distinct personality, and opportunities for thousands of Miami residents to engage in arts education. Over 400 performances of music, dance, drama, and other types of art are produced a year at the Arsht Center. You can get your taste of ballet, opera, and theater in a single day thanks to the three venues that are housed in the cathedral of the two-building arts created by renowned architect Cesar Pelli. After that, grab a coffee at the bookstore, take a look around, or, if it’s the correct time of the week, visit the farmers market booths.

Bayfront Park (301 Biscayne Blvd): This a park that has a little bit of everything.  Beyond its green areas, open-air theaters, and beach retreats, this 32-acre urban park offers much more. It’s a gathering place for people living in downtown who want to do a variety of things together, including practice yoga, go to concerts, learn salsa, get fit with bootcamp exercises, learn to fly a trapeze, and much more. Numerous festivals and events are held in the park, including the well-known New Year’s Eve ball drop (NYC – take note – the mantle will be taken). Piers for a city yacht basin were drilled into the bottom of the small bay to the immediate north of the park in April 1925, the brand-new Bay Front Park debuted.  Up to the early twenty-first century, there had never been a real estate boom like the one that engulfed Miami and all of south Florida. If you want to see some of the Miami Bay, this is a great location. You can shop, eat, and have a great time here, and Downtown Miami is only a short distance away.

Museums: Miami’s energy is infectious; it even seeps into the revered spaces of our museums. History Miami chronicles and narrates the history of Miami, its inhabitants, and the Paleolithic cultures that first inhabited the area. Travel back in time and learn what makes Miami’s culture one of the most distinctive in the entire globe. Miami has world-class museums that should be a recommended stop on any trip to South Florida because of its cutting-edge arts culture and rich cultural legacy. From world-class contemporary art galleries to cutting-edge scientific organizations, everything can be found here. Not a history buff? You might enjoy the Frost Science Museum. These nerds created rotating experiences to teach people about the revolutionary science that is improving life on Earth and sending our feeble human selves into the vastness of space. And the laser light display is fantastic. Last but not least, Miami is home to the Perez Art Museum (PAMM), a notable museum of modern art located on the bay. After spending the day admiring the creations of today’s most well-known painters, relax on the hotel’s beach. The only location on planet where you can do it, in all seriousness. 

#RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiBeach #NorthMiamiBeachRealEstate #MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida Check out homes for sale in North Miami Beach.

Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Realty
Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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Downtown Miami Miami-Dade Florida

Downtown Miami Miami-Dade Florida

Downtown Miami is Miami’s heart and soul. This is one of Florida’s most distinctive communities. The Miami River to the south and Midtown to the north, Biscayne Bay to the east, Civic Center, and Overtown to the west define the neighborhood. It is one of the most populous downtown areas in the United States, trailing only New York City and Chicago – and it is expanding. The region is a cultural, money related, and business focal point of South Florida, following its present-day history back to the nineteenth century. The business, cultural, and historical center of Miami, the Downtown Miami lifestyle can be diverse, peaceful, family-centered, romantic, or business-driven. It’s an empowering environment to live in.

Downtown Miami Demographics

  • There are 65,696 people living in Downtown Miami.
  • The median age for men is 34.5 years old, 35.8 years old for women.
  • The average family size had 2.1 members.
  • Median household income is $40,180.00

The essence of Downtown Miami neighborhood that stands out:

City living: Downtown Miami is transforming into a subtropical Manhattan. It’s difficult to keep up with the towering condominiums and office buildings, a plethora of restaurants and bars, shopping, and parks.

Carless City: Downtown Miami is one of Miami’s car-free oases thanks to its central location and efficient public transportation. Spend those funds on something else, such as season tickets to the Adrienne Arsht Performing Arts Center or home Heat games. 

It’s Miami’s cultural center: We’ve mentioned it before, but it bears repeating: the PAMM, the Frost Science Museum, the Adrienne Arsht Performing Arts Center, the AT&T Arena (home of the Miami Heat), and so much more are all within a short walk. If you enjoy culture, you’ve come to the right place. Go see the wonders of art and sports for yourself.

A short history of Downtown Miami:

In the late nineteenth century, a man named Henry Flagler brought his railroad all the way down to what was then a sparse settlement inhabited by no more than a dozen people. Flagler began developing the area in earnest after seeing promise and receiving land from Julia Tuttle and the Brickell family. In 1891 Julia Tuttle bought 640 acres on the north bank of the Miami River and moved to South Florida. Henry Flagler’s construction of the Florida East Coast Railway down to Miami in the 1890s accelerated Miami’s urban development. This land would become present-day downtown Miami. By the early 1920s, it had grown from a town of about 5,500 to a city of 30,000, with nearly all of the growth taking place in the Downtown area. Miami is named after the Mayaimi, a Native American tribe. Until the 18th century, they lived in the vicinity of Lake Okeechobee. On July 28, 1896, Miami was incorporated as a city with just over 300 people. 

#RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiBeach #NorthMiamiBeachRealEstate #MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida 

Check out homes for sale in North Miami Beach. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries. 

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Realty
Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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MIDTOWN MIAMI DADE FLORIDA REAL ESTATE BIGGEST SALES (01-06-2023)

MIDTOWN MIAMI DADE FLORIDA REAL ESTATE BIGGEST SALES

*as of January 6, 2023

WE HAVE THE KEY TO YOUR DREAM HOME. CHECK OUT REAL ESTATE PROPERTIES FOR SALE IN MIDTOWN MIAMI .

#RealEstateMiami #SouthFloridaRealEstate #RealEstateMidtownMiami #MidtownMiamiRealEstate

#MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida #HomeForSaleSouthFlorida

Call now for real estate inquiries! 305-741-2142 or visit www.ralphmagin.com

Avoid the Rental Trap in 2023 in Miami-Dade Florida

If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward.

In the past year, both current renters and new renters have seen their rent go up based on information from realtor.com:

Three out of four renters (74.2%) who have moved in the past 12 months reported seeing their rent increase. The strain from recent rent hikes isn’t exclusive to renters who have recently moved. Nearly two-thirds of renters (63.2%) who have lived in their current rental between 12 and 24 months, and likely renewed their lease, have also reported increases in their rent.”

And if you look back at historical data, that shouldn’t come as surprise. That’s because, according to the Census, rents have been rising fairly consistently since 1988 (see graph below):

So, if you’re considering renting as an option in 2023, it’s worth weighing whether this trend is likely to continue. The 2023 Housing Forecast from realtor.com expects rents will keep climbing (see graph below):

That forecast projects rents will increase by 6.3% in the year ahead (shown in green). When compared to the blue bars in the graph, it’s clear that the 2023 projection doesn’t call for an increase as drastic as the ones renters have seen over the past two years, but it’s still above the historical average for rent hikes between 2013-2019.

That means, if you’re planning to rent again this year and you’ve not yet renewed your lease, you may pay more when you do.

Homeownership Provides an Alternative to Rising Rents

These rising costs may make you reconsider what other alternatives you have. If you’re looking for more stability, it could be time to prioritize homeownership. One of the many benefits of owning your own home is it provides a stable monthly cost that you can lock in for the duration of your loan. As Freddie Mac says:

Monthly rent payments may increase over time, but a fixed-rate mortgage will ensure that you’re paying the same amount each month. With a fixed-rate mortgage, your interest rate is locked in for the life of loan. Steady payments allow you to budget wisely and make plans for the future.”

If you’re planning to make a move this year, locking in your monthly housing costs for the duration of your loan can be a major benefit. You’ll avoid wondering if you’ll need to adjust your budget to account for annual increases like you would if you left your housing payment up to your landlord and their renewal cycle.

Homeowners also enjoy the added benefit of home equity, which has grown substantially. In fact, the latest Homeowner Equity Insight report from CoreLogic shows the average homeowner gained $34,300 in equity over the last 12 months. As a renter, your rent payment only covers the cost of your dwelling. When you pay your mortgage on a house, you grow your wealth through the forced savings that is your home equity.

Bottom Line

If you’re thinking of renting this year, it’s important to keep in mind the true costs you’ll face. Connect with a local real estate advisor to see how you can begin your journey to homeownership today.

#RealEstateMiami #SouthFloridaRealEstate #RealEstateMidtownMiami #MidtownMiamiRealEstate#RealEstateSouthFlorida #MiamiShores

#MiamiRealEstate #RealEstate #Realtor #houseexpert #househunting #home #RealEstateAgent #RealEstateBroker #RealEstateExpert #RealEstateForSale #Realty #Broker #HomeForSale #HouseForSale #PropertyForSale #HomeForSaleMiami #HomeForSaleSouthFlorida 

Check out homes for sale in Midtown Miami. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Realty
Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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