The Standard Residences Midtown Miami

The Standard Residences
3100 NE 1st Avenue, Miami FL 33137

The Standard Midtown Miami will be a 12-story residential development with 228 units, featuring studios, one and two bedroom condos ranging from 432 sq. ft. up to 965 sq. ft. These residences have a flexible rental program wherein they can be rented for 30-day minimum.

Standard International, with 16 hotels in the U.S. and around the world, has a waterfront hotel called Standard Spa on the Venetian Islands in Miami Beach. This will be their first residential venture.

Building Overview:

  • The Standard, Miami’s First true Pied-à-Terre
  • 12 floors including 34,000 square feet of amenities and 10,000 square feet of ground floor retail
  • High-speed elevators with controlled property access
  • Secure neighborhood with unparalleled connectivity to the Design District, Wynwood, Downtown Miami, and the Beaches
  • Flexible rental program with 30-day minimum stay, 12 times per year
  • High-speed internet and WiFi service throughout the property

Building Amenities and Services:

  • The development will feature more than 34,000 square feet of delightfully curated amenities infused with the hospitality of The Standard brand
  • Expansive lobby with soaring double-height ceilings and thoughtfully customized social spaces including The Standard Café
  • Pet friendly community with grooming spa
  • Tropically landscaped, resort-style rooftop deck featuring a 60-foot-long swimming
  • pool, whirlpool spa and outdoor rain showers
  • Global-inspired rooftop restaurant and bar with poolside service and on-demand delivery to residences
  • High-definition private screening room with cutting-edge audiovisual equipment
  • Vibrant social floor with spacious lounge, karaoke bar and gourmet kitchen all overlooking the pickleball court, set as the ideal location for any celebration or gathering
  • Sweat floor with state-of-the-art, fully equipped fitness center, outdoor yoga terrace, indoor yoga and meditation studio, infrared saunas, and pickleball court
  • Work floor with coworking spaces, four zoom rooms and private boardroom with high-speed internet
  • Bicycle storage spaces
  • 24-hour attended lobby and concierge services
  • On-demand housekeeping, grocery provisioning services, dry cleaning, shoeshine and tailoring
  • Private, secure, and air-conditioned storage rooms available to all residents for purchase
  • Climate-controlled package and mail room
  • 24-hour security systems, high speed elevators and controlled property access
  • High-speed internet access in all public areas

Residential Features:

  • A collection of refined studio, one-bedroom, one-bedroom + den, and two-bedroom pieds-á-terre
  • Custom finishes designed by Urban Robot elevate the human experience and provide a sense of place
  • Gracious open floor plans and nine-foot ceilings invite natural light through floor-to-ceiling sliding glass doors
  • Contemporary, open-concept kitchens with top-of-the-line appliances are both sleek and functional
  • Premium wood-inspired flooring throughout offers timeless sophistication
  • Custom bathrooms feature coveted double vanities and dual shower heads; all accented by chic brass fixtures
  • High-efficiency washer and dryer
  • Private, outdoor terraces in select residences seamlessly connect with the vibrant energy of Midtown Miami

Unit Pricing and Sizes: (Pricing subject to change without advanced notice)

  • 104 Studios / 1-Bath from 432 to 535 square feet Starting in the high-$300’s
  • 70 1-Bedroom / 1-Bath from 587 to 817 square feet Starting in the mid-$500s
  • 34 1-Bedroom + Den / 2-Baths from 786 to 965 square feet Starting in the high-$600s
  • 20 2-Bedrooms / 2-Baths from 785 to 965 square feet Starting in the high-$700s

Deposit Structure:

  • 10% at Reservation (Immediately)
  • 10% at Contract (est. March 2022)
  • 10% at Groundbreaking (est. Summer 2022)
  • 10% Six Months After Groundbreaking (Winter 2022/23)
  • 10% at Top Off (2023)
  • 50% balance due at closing

Neighborhood:

Walk, walk, walk everywhere…in high heels, trainers, or suits. Surrounded by residential buildings and bustling sidewalks 24/7

The Standard Residences Midtown Miami is steps from everything, located in the center of it all. Inspired by New York’s Soho district, Midtown’s bustling sidewalks and electric 24/7 atmosphere is at the heart of Miami’s explosive growth. Midtown is Miami’s most pedestrian-friendly neighborhood, connected to the Design District on the North and Wynwood to the South. Walk downstairs for a bite at Sugarcane, shop at Trader Joe’s, or stop by the new Whole Foods on 29th and Biscayne. The project celebrates Midtown’s urban culture with a 4,000 square-foot lobby alongside 10,000 square feet of active ground floor retail.

Developer: Rosso Development
Rosso Development is a fully integrated development firm with expertise in virtually every aspect of the industry including construction, project financing, land acquisition and sales and marketing. Established in 2020, Rosso Development focuses on high-end boutique properties under the leadership of Carlos Rosso, an industry visionary who has been a driving force behind some of the most prominent development opportunities in South Florida for more than two decades. Rosso served as the longtime president of the condo division at one of Florida’s leading development groups and earned domestic and international status for his part in delivering well over 16,000 units across some of the most iconic projects throughout South Florida, including ARMANI/CASA designed by César Pelli, Hyde Beach House and Park Grove by OMA/Rem Koolhaas. Rosso and the Rosso Development team are set to oversee multiple upcoming awe-inspiring projects in key markets in South Florida and Latin America.

Developer: Midtown Development
Founded in 2009, Midtown Development is a real estate investment firm specializing in community-focused developments, with ongoing projects in major metro areas throughout Florida. These include a 22-acre, mixed-use neighborhood in downtown Orlando and the cornerstone Miami neighborhood, Midtown Miami. Following the acquisition of a site, Midtown pursues one of two routes: development, or creation of joint-ventures with preferred partners for development. In both cases, Midtown assumes an active role in curating the community, building neighborhoods—or enabling others to build them—in line with a vision for walkable, connected districts that raise the value of the entire area while unlocking business opportunities.

Architect: Arquitectonica
With offices in Miami, New York, Los Angeles, Paris, Hong Kong, Shanghai, Manila, Lima and Sao Paulo, Arquitectonica is a major presence on the international stage. From its inception in 1977, the firm received almost instant attention and acclaim from critics and the public alike, due to a bold modernism that was immediately identified with a renaissance in Miami’s urban landscape. Led by Principals Bernardo Fort-Brescia and Laurinda Spear, Arquitectonica continues to push the limits of design with its innovative use of materials, geometry, pattern and color to introduce a new brand of humanistic modern design to the world.

Arquitectonica has received hundreds of design awards and its groundbreaking work has been the subject of exhibitions at numerous museums and institutions. Arquitectonica is known as one of the pioneers of globalization in the architecture profession. Today its practice spans the world, with projects in fifty-nine countries on five continents.

Interior Design: Urban Robot
Urban Robot is full service design collective located in Miami Beach, specializing in architecture, interior design, landscape architecture and urban design. The team works collaboratively to develop a multidisciplinary approach to all projects to bring about a unique vision and create experiences that are meaningful, memorable, and functional. Whether a dynamic food hall, mixed-use complex, a boutique hotel, precious natural resource, or a brand identity – Urban Robot strives to elevate the human experience. The firm draws upon on its team’s diverse design backgrounds to bring about singular narratives that are true to concept and tailored to each project. They endeavor to tell stories by making places. While Urban Robot Associates’ main practice is in Florida; it is also licensed in New York and Massachusetts and works internationally.

Interested in becoming an owner at The Standard Residences? Contact me for more details.

Maria Lopez, Realtor Associate
Coldwell Banker Realty
(305) 467-0774
MLopez5020@gmail.com

Okan Tower, Mixed Use Development with a Five-Star Hilton Hotel, in Downtown Miami

Okan Tower
555 North Miami Avenue
Miami, FL

Okan Tower’s design is truly unique in that the gracefully curved crown and rippled glass façade was inspired by the subtle beauty of a tulip blossom, in a nod to the national flower of Turkey, where the developer is based.

Okan Tower will be a five-star, Hilton-branded hotel and condo tower featuring Class A office space. At 70 stories, it will be one of Miami’s tallest skyscrapers.

Okan Tower will be a mixed-use building consisting of:

  • 316 hotel suites by Hilton Hotels & Resorts
  • 236 condo-hotel residences starting on the 36th floor
  • 163 Sky Residences with 1 to 3 bedrooms above the 51st floor
  • 4 premium penthouse residences with 15 ft. ceilings
  • 64,000 sq. ft. of Class A office space

Hotel Features and Amenities:

Three levels of amenity and entertainment located on floors 27th, 28th and 30th offering:

  • State-of-the-art fitness center and training facilities
  • Outdoor pool, located on the 27th floor, with indoor and outdoor lounges and private cabanas
  • Signature wellness spa offering innovative and restorative treatments inspired by Turkish traditions, featuring a marble Hamman
  • Gourmet restaurant serving breakfast, lunch and dinner, plus grab-and-go café and multiple bars
  • Conference, event and meeting rooms
  • Over 4,500 square feet of ballroom space available, including full catering and kitchen facility
  • Dedicated, separate high-speed elevators for Sky Residence owners, and hotel/Condo-Hotel guests

Hotel Services by Hilton Hotels:

  • 29th floor arrival lobby and front desk reception
  • 24-hour Hilton concierge
  • 24-hour security
  • Valet parking
  • In-room private dining
  • In-room spa treatments
  • Professional housekeeping services
  • On-site laundry and dry cleaning
  • Dedicated maintenance and engineering staff
  • Access to personal trainers and fitness specialists
  • Lifestyle concierge services, including transportation arrangements, car services, dinner reservations, concert tickets, pet-services

Sky Residences Features:

The Sky Residences start on the 51st floor and will include finished condominiums ranging from one to three-bedrooms, plus a den – with floor plans ranging from 695 to 2,075 square feet. Two floors of duplex-style penthouses will feature expansive layouts starting from 1,875 to over 2,040 square feet.

Sky Residence buyers will be treated to an exclusive list of amenities including a ground floor arrival entrance with dedicated 24-hour reception and concierge, a 70th floor rooftop pool and sky deck with outdoor lounge area and private cabanas offering bay and city views, and an additional 12th floor lap pool with clubroom and indoor and outdoor lounges. Residents will also have access to a state-of-the-art fitness center with a yoga studio, Peloton bikes and interactive fitness MIRROR, a dedicated wellness spa with sauna, steam and treatment rooms, cutting-edge technology theater, as well as wine cellar and owner’s lounge.

Condo-Hotel Residences by Hilton Hotels & Resorts
The condo hotel residences begin on the 36th floor up to the 50th floor and will be delivered turn-key, ready for occupancy. Units come in studios to two-bedrooms, and range between 445 to 1,250 square feet. Units will not be sold furnished and furniture packages can be purchased from the developer.

Okan Tower Pricing (subject to change without prior notice):
Condo Hotel Units:

  • Studio, 445-465 square feet, South exposure, from $398,000-$425,000
  • 1 Bedroom, 665-915 square feet, SE Corner, N & NE views, from $561,000-$873,000
  • 1 Bedroom + Den, 1,045 square feet, East views, from $850,000
  • 2 Bedrooms, 1,055-1,250 square feet, South and North views, from $881,000-$916,000

Sky Residences:

  • 1 Bedroom, 695-915 square feet, North & South views, $619,000-$674,000
  • 2 Bedroom, 1,060-1,300 square feet, SE & SW Corners, North & South exposure, $897,000-$1,096,000
  • 3 Bedrooms, 1,700-2,190 square feet, SE Corner exposure, from $2,100,000
  • 3 Bedrooms + Den, 1,955-2,075 square feet, NE Corner exposure, from $1,859,000

Monthly Maintenance Fee: Monthly maintenance is expected to be $.99 per sq. ft., and covers building security, building insurance and general maintenance, electric, water, sewer, garbage, cable, Wi-Fi, full use of all amenities, valet parking and 24-hour security.

Deposit Structure:

  • 20% of the purchase price is due at contract
  • 10% is due at ground break
  • 10% will be due when construction reaches the 12th floor
  • 10% at top off
  • 50% will be due at closing

Living Restrictions: Owners use of their condo hotel unit will be restricted to a maximum of 180 days a year. They will have an opportunity to participate in a rental program, details to be provided at a later time.

Construction Schedule: Construction is expected to begin in summer 2022 and to be completed summer 2026.

Developer: Founded in 1972, Okan Group is Turkey’s leading, innovative enterprise. Boasting international experience and advanced technology, the company began in the industrial arena and has since expanded to a real estate focus, with its first U.S. development in Downtown Miami, Okan Tower. Its investments in the Turkic Republics, primarily Turkmenistan and Kazakhstan, as well as around the world, have earned Okan Group a deep-rooted reputation in the construction, banking, textile, production and tourism industries, among others. Continuously engaging in quality research and identifying growth opportunities, the company’s global footprint has resulted in nearly 40 projects that service the community through technological, economic and cultural advancement.

Architect: Behar Font & Partners, PA. Behar Font & Partners, P. A. is a professional organization dedicated to the practice of architecture, planning and interior design. Their principals have a combined total of 65 years of architectural experience and have served as architects and designers for a wide variety of project types.

Location: Okan Tower stands in the heart of downtown Miami making it easy to enjoy many of the local cultural offerings from concerts to film festivals and top-notch dining.

Less than 1 mile away:
• FTX Arena
• Arsht Center for the Performing Arts
• Bayfront Park & Amphitheater
• Bayside Marketplace
• Government Center
• History Miami Museum
• Miami-Dade College Wolfson Campus
• Olympia Theater
• Perez Art Museum
• Philip & Patricia Frost Museum of Science
• Brightline at Miami Central
• Museum Park

Under 3 miles away:
• Brickell City Centre
• Jungle Island
• Health District/Civic Center
• Mary Brickell Village
• Miami Children’s Museum
• Miami Design District
• Miami Riverwalk Shops at Midtown Miami
• Port of Miami Cruise Terminals
• Vizcaya Museum and Gardens
• Wynwood

Under 10 miles Away:
• Bass Museum
• Miami Beach Botanical Garden
• New World Symphony
• South Beach
• Coconut Grove
• Downtown Coral Gables/Miracle Mile
• Key Biscayne
• Miami International Airport (MIA)
• Shops at Merrick Park
• University of Miami

Interested in learning more about Okan Tower Residences? Feel free to contact me for more details.

Maria Lopez, Realtor Associate
Coldwell Banker Realty
(305) 467-0774
MLopez5020@gmail.com

Baccarat Residences, Ultra-Luxury Waterfront Units in Brickell, Downtown Miami

Baccarat Residences
444 Brickell Avenue
Miami, FL 33131

Baccarat proudly presents its first collection of residences to the Miami market. Illuminated by the infinite shimmer of the sun, this soaring tower will stand radiant on the waterfront where the river meets the bay, in the heart of the glittering lights of the city.

Combining the best of Brickell with enlightened design, artful service and enlivening waterfront amenities, residents can expect a lifestyle infused with laid-back glamour and limitless luxury. The ultimate expression of one of the world’s most rarefied aesthetics, refined over centuries, perfected in the heart of Brickell.

This dazzling 75-story glass tower, featuring a collection of 360 expertly designed residences, is enhanced by the natural energy of this unique location. Extraordinary architectural design, bespoke interiors, lush gardens and Miami River promenade create this masterpiece of life and light. Resplendent in style and spirit; here every day is more vibrant, more sensuous, more serene.

Building Amenities:

  • Lushly landscaped secluded private entrance leading to the riverfront arrival court and elegant porte-cochère entrance
  • Exquisitely appointed entrance lobby with grand high ceilings leading directly to three banks of double private elevators to each residence
  • Permanent installation of curated museum quality art collection throughout the building’s public spaces
  • Elevated 12th level amenities resort deck loaded with a dramatic zero-entry heated saline swimming pool, outdoor spa, pool-side cabanas, summer kitchen area and beautifully landscaped sun terrace
  • Glamorously designed Grand Salon, set as the ideal location for both intimate gatherings and grand celebrations
  • Luxurious Clubroom with bar and billiards, catering kitchen, and multimedia facilities
  • State-of-the-art fully equipped fitness center curated by Altitude Fitness with cardio theater, spinning room, yoga and meditation rooms, all overlooking the pool deck resort area
  • Hammam spa with men’s and women’s steam and sauna facilities, luxurious treatment rooms and spa shop
  • Private screening room with cutting-edge audiovisual equipment and theater-style seating
  • Game room with multimedia facilities and children’s playroom
  • Business Center with conference facilities and private work spaces
  • Gourmet market
  • Wine Cellar and Tasting Room
  • State-of-the-art Chef’s Kitchen and Private Dining room
  • Pet friendly community with Pet Spa, Grooming and Walk Service
  • Hair Salon & Barber Station
  • High-speed internet access in all public areas
  • Planned 10,000 square feet signature waterfront restaurant
  • Private marina with:
    • 300 linear feet dockage
    • Resident yacht for on-demand reservation services
    • Private water taxi
  • Beach club membership to 1 Hotel South Beach with privileges such as complimentary valet and beach chairs with umbrella and towel service

Residential Features:

  • Open-concept, flow-through contemporary floor plans featuring one, two, three, and four-bedroom residences and penthouses, all offered with a selection of exquisite decorator finishes and ready for immediate occupancy
  • Private key activated elevator access and entry vestibules in all residences with two elevators opening directly to each residence
  • Energy-efficient, tinted, impact-resistant floor-to-ceiling sliding glass doors and windows with panoramic views of Biscayne Bay, the Miami River and the Miami city lights and skyline from every residence
  • Expansive eight-foot-deep private terraces accessible from the living and master bedroom areas of every residence, and wrap around terraces at corner units, with glass railings for unobstructed views
  • Generous smooth-finish ten-foot high ceilings in typical floors soaring to eleven and twelve feet in penthouse level
  • Gourmet kitchens with open-concept design to the great room with generous islands and breakfast bar featuring custom Italian cabinetry by Meyer Davis Studio with a selection of finishes and choices of stone countertops and full backsplashes
  • Top of the line kitchen appliances including; Sub-Zero refrigerator/freezer with internal chilled water dispenser and ice-maker, Sub-Zero wine storage, Wolf induction cooktop, Wolf M-series contemporary oven and steam oven, Cove dishwasher with cabinetry integrated paneling, and concealed variable speed range hood
  • Individually controlled, high-efficiency central air conditioning and heating systems with linear diffuser vents in main areas for seamless interior design
  • A state-of-the-art living environment that is dedicated to the wellness of our residents, that include purified air and water, enhanced sleep, and restorative light
  • Generous master bathrooms featuring stand-alone bathtubs and frameless glass-enclosed rain showers, separate room with water closet, premium Italian cabinetry, imported stone vanity tops with double lavatories and decorator mirrors
  • Spacious ‘his and hers’ walk-in wardrobes fitted with Italian cabinetry in every residence master bedroom
  • Solid core wood interior doors for enhanced sound proofing and energy efficiency
  • Laundry rooms with large capacity washer and dryer, and utility sink and storage cabinetry in most residences
  • Sprinkler fire protection system
  • Advanced technology “smart building” pre-wired for Wi-Fi high-speed internet, data/voice, and cable satellite video
  • Interface technology for building services such as concierge, valet, security, and in-home services such as audio, video, lighting, window treatments, internet and satellite

Services:

  • Highly attentive concierge, with convenient mail and receiving desk, lifestyle and property management
  • Luxury house car limousine service for convenient transport within a three-mile radius
  • 24-hour complimentary valet and optional self-parking in assigned spaces in covered and secured parking garage
  • 24-hour attended security services and controlled access
  • Custom Scenting that captures the essence and energy of Miami
  • Residential oversight including pet care, plant care, and away from home maintenance
  • 24 hour room service
  • IT consultation services and technical support
  • Business support services
  • Courier, parcel and postal service
  • Newspaper and magazine delivery to door
  • Child care services
  • Fresh flower service
  • Personal shopping and delivery including grocery and pharmacy
  • Special personal shopping privileges from Baccarat Preferred Partners

Unit Breakdown: There will be 360 residences comprised of:

  • 324 flow-through tower residences starting at the 15th level
  • 8 dazzling penthouse residences at the top three floors with spectacular views of Biscayne Bay, the Miami River, and the Miami skyline.
  • 28 flats and duplexes fronting the Miami River and the waterfront promenade

Price Ranges (subject to change without prior notice)

  • 1 Bedroom/2 Baths (05 Line) 1,336 interior square feet/204 exterior square feet, East view, from $1.37 million
  • 2 Bedroom/3 Baths (04 line) 1,784 interior square feet/234 exterior square feet, East & West views, from $1.7 million
  • 2 Bedroom/2.5 Baths (03 line) 1,865 interior square feet/292 exterior square feet, East & West views, from $1.8 million
  • 2 Bedroom/3 Baths (02 line) 1,916 interior square feet/273 exterior square feet, East & West views, from $1.9 million
  • 3 Bedroom/3.5 Bath (06 line) 2,082 interior square feet/580 exterior square feet, East & West views, from $2 million
  • 4 Bedroom/4.5 Bath (01 line) 3,029 interior square feet/625 exterior square feet, North, East & West views, from $3.8 million

Deposit Structure:

  • 10% of the purchase price is due at contract
  • 10% due 60 days after Contract
  • 10% at Groundbreaking
  • 10% at top off
  • 60% at closing

Construction Timeline:

  • Groundbreaking – 1st quarter 2022
  • 12th floor amenity pool deck – Spring 2023
  • 75th floor tower top off – Fall 2024
  • Completion – Fall 2025

Parking and Storage: In addition to 24-hour valet, owners will have optional self-parking in assigned spaces in covered and secured parking garage. There will also be electric vehicle charging stations, air-conditioned storage rooms and bicycle storage spaces.

Location: Baccarat will be perfectly positioned at the entrance of Brickell Avenue, where the Miami River meets Biscayne Bay. It’s close to the financial district, high-end shopping, top restaurants, cultural hot spots, and exciting nightlife. Additionally, it is just one block away is Brickell City Centre, an all-day all-night lifestyle destination, aptly named the Manhattan of the South.

Developer: Related Group
Established in 1979, Related Group is Florida’s leading developer of sophisticated metropolitan living and one of the country’s largest real estate conglomerates. The privately held company has built, rehabilitated and managed over 100,000 condominium, rental and commercial units. Related Group has earned international status for its visionary designs and development of extraordinary luxury properties, including One Park Grove, Apogee and Residences by Armani Casa, among others.

Brand & Management: Baccarat Hotels & Residences/SH Hotels & Resorts
SH Hotels & Resorts, an affiliate of global private investment firm Starwood Capital Group, is a hotel brand management company that operates 1 Hotels, a nature-inspired lifestyle brand, and Baccarat Hotels & Residences, a luxury brand that made its debut in March 2015 with the opening of its flagship property in New York, with projects under development in Macau, Bordeaux, Doha, Florence and Saudi Arabia.

Architect: Arquitectonica
Extraordinary architectural design by Miami-based international firm Arquitectonica, preeminent designer of South Florida’s most distinctive high-rises.

Interior Designer: Meyer Davis Studio
Bespoke interiors by New York City-based Meyer Davis Studio, a globally recognized design boutique specializing in residential, hospitality, and retail, whose celebrated projects include One Park Grove, 1 Hotel South Beach, One Manhattan Square, and Four Seasons Astir Palace.

Landscape Architect: Enzo Enea
Renowned Swiss landscape architect Enzo Enea of Zurich-based Enea Garden, is one of the leading landscape architects in the world. A hallmark of Enzo Enea’s work is the fusion of indoor and outdoor spaces, the creative intertwining of the soul of the residence with its surroundings.

Contact me for additional information.

Maria Lopez, Realtor Associate
Coldwell Banker Realty
(305) 467-0774
MLopez5020@gmail.com

4 Negotiation Tips for Home Sellers

When you’ve already placed your home on the market, it can seem like the stress is over once you’ve received the offer, but the buck doesn’t stop there. Instead of being caught off guard when the time comes to negotiate, consider these tips that will assist in making the sale.

Rely On Your Agent

Once you’re at the point where you’ve received an offer and are unsure as to whether you should take it, it’s a good idea to sit down and discuss the options with your agent. Because a real estate professional will have plenty of experience with this part of the process, they’ll be able to guide you through what’s an acceptable offer and what you should pass on.

Sell Until It’s Signed

It’s very exciting to receive an offer on your home, but a verbal offer is not set in stone so don’t forget about other interested parties that are still in the mix. Since a buyer’s purchase of your home won’t be official until they’ve signed a contract and put down a deposit, make sure you to keep in touch with other potential buyers that might have an offer if your best option backs out.

It’s Not Just About Money

It’s great to receive the asking price you’re looking for, but there are many things to consider with the sale of your home. In the event that your home inspection has come up with a few maintenance flaws, you may need to adjust the price for your buyer. As well, it’s possible your buyer may not be ready to move in when you’re ready to move out, so be sure to consider any issue that may impact the final sale.

Don’t Hold On To Your Price

There are no set rules when it comes to price, but if you haven’t received any offers and your house has been on the market for more than 60 days, there’s a good chance it’s time to sit down with your agent. While it’s great to know all of the negotiation rules, if your price is set to high for the market, you’re not going to have the opportunity to get to the table.

There are plenty of negotiation strategies to consider when it comes to selling your home, but staying in the game and trusting your agent can go a long way towards a successful sale.

If you’re planning on putting your home on the market, reach out to me and I’ll gladly point you in the right direction.

Maria Lopez
RE/MAX Advance Realty
(305) 467-0774
MLopez5020@gmail.com

3 Ways to Add Emotional Cues to Make Buyers Feel at Home for a Quicker Sale

There are a lot of ways you can effectively stage your home to snag the attention of potential buyers, but there are often a few extra things you can do to really engage the senses of your guests. If you’re hoping for an instant offer and are pulling out all the stops to sell your home, here are some ways you can emotionally engage with visitors to your home.

Carefully choose your color scheme

You probably already have a distinct color palette in your home, from the couch you’ve purchased to the tone of your paint, but that doesn’t mean you can’t spice it up with a few carefully chosen pieces.

Neutrals like white, brown and grey are a great place to start, but instead of letting the room speak for itself, add a punch of color – like bright pillows or a bold throw – that will add instant appeal and make your home a little more memorable. Just remember that it’s important to use colors and patterns that aren’t too bright, as these can overwhelm your space.

Remove your most personal items

Many homeowners think it’s a great idea to have a lot of personal items around to draw people into their house, but too many items like this can distract your guests and may even make them feel uncomfortable.

Before organizing your open house, ensure that you remove excess personal items like fridge photographs and frayed posters. Instead, stick with items like artwork or coffee table books which will still exude personality but won’t make potential buyers feel like they’re intruding.

Consider the sense of smell

The senses are often drastically under-appreciated when it comes to staging your home, but they can go a long way in getting a lot more interest.

Because smell can provide other positive cues that merely looking cannot, baking some cookies or muffins beforehand can be a powerful means of providing a great first impression and making visitors feels like they’re home. The addition of room spray or music may also mean potential homebuyers won’t mind lingering a little longer.

Successfully staging a home can be a matter of common sense but engaging a buyer’s emotions can go a long way towards making an even better impression.

If you’re preparing to put your home on the market soon, I’d love to be of assistance.  Give me a call at your convenience.

Maria Lopez
RE/MAX Advance Realty
(305) 467-0774
MLopez5020@gmail.com

The Essentials for a Successful Open House

From the cleaning to the organizing to the small fix-ups around the house, there can be a lot of minor details that go into staging a successful open house. However, there are a few essential items you should be sure not to forget about when you prep your home for an influx of potential buyers.

Choose The Right Time

If you happen to be selling your home in the busy season, it’s important to set your open house at a time that gives potential buyers room to breathe.

While weekends are a popular time for open houses, you may want to choose a day or time that is a little different from other homes in your area. This means visitors to your home will be able to take their time and really see the details that make your home distinct and worth a second look.

The Exterior Speaks Volumes

With so much cleaning and so many small maintenance duties, it can be easy to forget about the first thing that guests will see when they show up at your doorstep, the exterior. However, this will provide the initial impression so you’ll want to ensure that it’s a positive one. Before organizing your open house, make sure the lawn is cleared and cut, the hedges are trimmed and your doorway is well maintained.

Make The Marketing Count

If you’ve primed your home for your open house, it’s important to ensure your marketing efforts are up to snuff and will get people through the door. While your real estate agent should feature your home and some professional photos on their website, you should also consider handing out flyers to your neighbors and advertising on social media to reach anyone who might be interested.

Engage All The Senses

It might sound strange, but a house that smells and sounds good in addition to a house that looks good can actually work wonders in swinging a buyer in the direction of your home. While having a clean, clutter-free place is ideal, you may want to consider baking beforehand or even leaving a little music on so people will feel relaxed and right at home.

There are a lot of little tricks that go into a successful open house and it’s important to utilize all of them to get the best results.

If you’re putting your home on the market, let me know and I’d be happy to assist you.

Maria Lopez
RE/MAX Advance Realty
(305) 467-0774
MLopez5020@gmail.com

3 Things to Consider Before Renting to Students

Whether you have a second property that you’re going to move into or you’re planning on being away from your dwelling place for a while, you may be considering putting your home on the market in order to boost your financial outlook. While students comprise one demographic that is always entering the rental market to scoop up available properties, here are some things you may want to consider before deciding on a younger renter.

Will Your Home Be Rented Consistently?

Many students will require a place to rent out since most of them don’t have the money savings or stable income to purchase a home, but if you’re doing this to make ends meet on your properties, renting to student may not be the best way. While some students may plan on hanging out over the summer, there are those who will be heading home in order to live with their parents and save money for the Autumn semester. A contract’s a contract, but a renter can always flee the coop if it’s inconvenient.

Will They Take Good Care Of Your Home?

From furniture to family mementos, most people’s home is pretty personal to them, and that’s why it can be of supreme importance to have a renter that will respect your home and take good care of it in your absence. While there are plenty of responsible students in the world, you should ensure before settling on anyone that it’s someone you really trust who won’t damage your house or wake up the neighbors every Saturday evening.

What Rental Price Are You Looking For?

If you’re trying to make financial ends meet with your property, you’ll probably want to charge the maximum amount you can while still having a renter in your home. The risk with students is that they may not be able to pay the dollar amount you’re looking for so that you can effectively maximize your investment. While this doesn’t necessarily mean you’re taking the financial brunt, it’s important to get the monthly amount that your living space can garner on the market.

There can be a number of downfalls when it comes to renting to students, but there’s also the possibility that you’ll have a responsible renter who will stick around for more than a couple seasons. If you’re currently on the market for a second home, reach out to me and I’d be happy to help you find the best option.

Maria Lopez
RE/MAX Advance Realty
(305) 467-0774
MLopez5020@gmail.com

Missoni Baia, luxury waterfront residences in East Edgewater

Missoni Baia Building Hero

Missoni Baia is a 57-story luxury bayfront condominium in East Edgewater, with 229 residences offering spectacular city and waterfront views.  Boasting an impressive 200 feet of frontage on Biscayne Bay in East Edgewater, Missoni Baia is a one-of-a-kind work of high-performance architecture.

Designed by internationally acclaimed Hani Rashid of Asymptote Architecture and developed by OKO Group under the leadership of Vladislav Doronin, one of Europe’s most successful developers, this visionary architectural landmark is influenced by Minimalist art and driven by forward-thinking engineering.

Missoni Baia Lobby
Missoni Baia lobby

Missoni Baia offers a residential experience of unparalleled quality, as distinctive as the aesthetic of Missoni, one of the world’s most legendary fashion houses, and inspired by the same pioneering spirit of technical innovation and design excellence.  New York designer Paris Forino envisioned the tower’s elegantly crafted one- to five-bedroom residences and curated the Missoni fabrics, furnishings, and artworks that complement Asymptote’s modern architectural design. The building offers expansive amenities unrivaled in Miami—including an Olympic-sized pool and one of the city’s largest and most elegantly appointed spas—and a richly layered landscape designed by Enzo Enea. Missoni Baia sets a new standard for quality and sophistication in East Edgewater.

Building Amenities & Features:  

  • Minimalist modern design and architecture to maximize natural light
  • Exterior sculptural columns wrapped in aluminum, framing the building
  • Triple ceiling height in lobby reception
  • Personal concierge and 24-hour front desk attendant
  • Package room for deliveries
  • Valet parking service
  • Indoor bayside lounge
  • Outdoor bayside terrace
  • Extensive landscaping of outdoor terraces for privacy
  • Baywalk access overlooking the bay

Fifth Floor Building Amenities:  

  • Hair and nail salon
  • Kids’ club and indoor play-area
  • Pet spa
  • On-site building manager’s office
  • Resident game room with billiard table, bar, large video screen and lounge seating

Sixth Floor  Building Amenities:  

  • Expansive outdoor deck with multiple lounge seating areas
  • Bayside terrace with cantilevered pool overlooking the bay
  • Indoor bay-terrace lounge with double ceiling height
  • Resident private dining and party room
  • Private screening room

Missoni Baia Bayside Terrace Infinity Pool
Bayside terrace

Missoni Baia Infinty Pool Looking East
Infinity pool looking east

Seventh Floor Building Amenities: 

  • 1,700 square feet gym with 180° views of the bay
  • Private yoga studio
  • Private training room
  • Men’s and women’s locker room
  • Expansive spa with men’s and women’s sauna and steam rooms, and private massage treatment rooms with showers

Missoni Baia Gym

Expansive Seventh Floor Pool Deck Amenities:  

  • Outdoor bridge connecting the seventh-floor building amenities to pool deck
  • Olympic-length lap pool
  • Lounge pool
  • Outdoor whirlpool spa
  • Poolside daybeds
  • Kids’ splash pad water play area
  • Children’s play lawn
  • Outdoor barbecue and bar cabana for al fresco dining
  • Two poolside resident lounges
  • Men’s and women’s private locker rooms
  • Elevated tennis court

Residences Features: 

  • Direct bay and city views from every residence
  • Flow-through North and South Tower residences with 270° views
  • East-facing residences with 180° views
  • 10’-deep balconies facing the bay
  • 8’-deep balconies facing the city
  • Floor-to-ceiling glazing throughout the residences
  • Walk-in closets
  • One to five bedroom residences
  • Automated unit climate control
  • Centralized hot water

Master Bath

  • His and hers vanities and bathrooms in Tower Residences
  • Floor-to-ceiling marble, including marble baseboard
  • Double showerheads in all Tower Residences

Kitchen 

  • Custom-designed European cabinetry
    Top-of-the-line appliances including:
  •  Microwave
  • Wine cooler
  • Cooktop
  • Side-by-side large fridge and freezer
  • Zone dishwasher
  • Pull-out pantry
  • Hood above cooktop
  • Garbage disposal

Residences Prices – Bay Units (Floors 8-36)

  • 1 bedroom, 1 bath ( line 04- south views), 775 Sq Ft., 72 Sq Mt., Starting at $560,000
  • 2 bedrooms, 2 baths (line 05-06 – northwest and southwest views), 1,075-1,220 Sq. Ft., 100-113 Sq. Mt., Starting at $715,000
  • 2 bedrooms, 3/3.5 baths (line 02-03 – east and southeast views), 1,900-2,350 Sq. Ft., 176-218 Sq. Mt., Starting at: $1,395,000
  • 3 bedrooms, 4.5 baths (line 01 – northeast views), 2,575 Sq. Ft., 239 Sq. Mt., Starting at $1,900,000

Tower Units (floors 38-56)

  • 2 bedrooms, 3.5 baths (line 02 – east views), 2,465 Sq. Ft., 230 Sq. Mt., Starting at $2,200,000
  • 4 bedrooms, 6 baths (line 01 and 03 – north and south views), 3,790 Sq. Ft., 352 Sq. Mt., Starting at $2,850,000

Deposit Structure:

  • Units can be secured with 20% of the purchase price at contract
  • At ground break (estimated Q3 2017) an additional 10% will be due
  • Once construction reaches the 25th floor (estimated Q2 2019) 10% will be due
  • At top off (Q1 2020) another 10% of the purchase price will be required
  • The balance of 50% will be due at closing (estimated late 2020)

Click here for an e-brochure about Missoni Baia and contact me for specific pricing and floor plans.

Maria Lopez
RE/MAX Advance Realty
(305) 467-0774
MLopez5020@gmail.com

 

3 Tips to Help Bring a Seller’s Price Down to Fit Your Budget

If you’ve been searching the real estate market for a while and you’ve finally come across a home that you love, it’s possible you may be ready to pounce at any price.

However, if you’re hoping to bring the seller’s price down for a deal that’s closer to what you want to spend, here are some ways you may be able to have your home and pay the right price too.

  1. Get Some Background on the Sale

It’s important to realize that by understanding the motivation of the seller, you’ll be better able to give them the kind of deal they’re looking for. So, instead of going into it blind, ask questions to try and determine why the home is on the market.

If the motivation happens to be time-related, and the current owners are moving to a new city or have purchased another home, you may have some leeway in terms of what you’re offering. By knowing the motivation ahead of time, you’ll be able to better align your offer with the seller’s expectations.

  1. Research the Surrounding Market

This will definitely be something that a real estate agent should help you with, but utilizing a Comparative Market Analysis (CMA) will enable you to determine the sale price of houses in the area and should give you an idea of what constitutes a reasonable offer.

While it’s important that this compendium is made up only of properties that have successfully sold in the local neighborhood, this can easily reveal if the seller’s price is standard and should give you insight into what the limitations in your offering price should be.

  1. Consider a Quicker Close

It can seem like real estate all comes down to price, but there are a number of things you may be able to offer the home seller that may make them seriously consider a lower offer than they were hoping for.

Instead of thinking only in terms of price, you may want to suggest a closing date that is sooner than usual; in the event that they’ve already purchased a home this will work out better for them in terms of cost savings and may make up for a difference in price.

If you’ve found your ideal home after viewing a lot of houses and you’re wondering how you can make it a better deal, you may score a lower price by being aware of a seller’s motivations or offering a quicker closing date. Let me know if you need any assistance with this process.

Let me know if you need any assistance with this process.

Maria Lopez
RE/MAX Advance Realty
(305) 467-0774
MLopez5020@gmail.com

Use These 3 Tactics to Get the Winning Bid in Real Estate

Bidding wars can be ugly, nasty things – but with the right tactics, you can come out a winner without having to double your offer. Welcome to basic training – today, you’ll learn how to navigate the obstacle course that is a real estate bidding war and come out on top. Put these three strategies to use and you’ll easily win the home of your dreams.

  1. Offer to Pay the Deposit in Cash

It’s not usually wise to make a down payment in cash, but paying cash for the deposit is a brilliant strategy that will put you first in line for your new house. One major reason why homes don’t sell is that the buyer didn’t get approved for financing – and that inconveniences the seller. Paying your deposit in cash proves your reliability to the seller, and it means the seller gets paid faster.

  1. Add a Personal Touch with a Letter

Want to get a completely unfair advantage over other buyers in your neighborhood? Make your offer personal by writing the sellers a heartfelt letter. Marketing professionals know that emotional experiences are highly persuasive, and a personalized hand-written letter shows that you care.

For maximum effect, do a quick Google search on the sellers and look for common threads. Do the sellers have a child in college? Talk to them about your college-aged son or daughter and what program they’re taking – it may sound cliché, but a little bit of bonding really does go a long way.

“Escalate” the Situation with an Escalation Clause

When most buyers write up their formal offer, they simply name a price and that’s it. But you can set yourself apart from other potential buyers by including an escalation clause in your offer.

An escalation clause is a piece of a real estate contract that increases your offer in the event that you get outbid. An escalation clause usually lists your original offer, the amount by which you’re willing to beat other bids if you get outbid, and the maximum amount you’re willing to offer in the event that there are multiple offers. Escalation clauses are usually best used when you know that there will be a one-day review of all offers or when you’re anticipating multiple offers – otherwise, it may compromise later negotiations.

Bidding wars aren’t ideal, but they are a reality of the real estate market – especially in competitive areas where it’s the norm to see multiple offers on a house. But with these tactics, you can outgun competing bidders and come out with the house you’ve always wanted.

I will make sure you put yourself in the best position for a winning bid.

Maria Lopez
RE/MAX Advance Realty
(305) 467-0774
MLopez5020@gmail.com