Showing posts with label buying real estate. Show all posts
Showing posts with label buying real estate. Show all posts

Wednesday, November 20, 2013

Largest home for sale in Broward will be auctioned Dec. 8

If you need a house that stretches across east and west wings, a massive McMansion — said to be the largest home for sale in Broward — will be auctioned off on Dec. 8.

The 23,576-square-foot, custom-built home on 10 acres features seven bedrooms, eight full baths and two half baths. It boasts inlaid Italian marble and cathedral-style ceilings, and comes with a guest house, four-car garage, and statues and objects of art from all over the world.

“The finish work on the inside is the most amazing, with 30-foot high ceilings, chandeliers. It’s just magnificent,” said Jim Gall, president of Auction Company of America, hired to auction off the home, which was listed a year ago for $10 million.
    
“You can literally get lost in it,” said Gall, who says it is largest home he has ever auctioned.

A two-day auction at the home, at 13811 Luray Road in Southwest Ranches, begins at 11 a.m. on Dec. 7 and includes art, jewelry and other items. It will continue at 1 p.m. on Dec. 8, culminating with the sale of the home at 3 p.m. Previews will be conducted on several days, beginning on Nov. 17.

Gall said he plans to start the bidding on the house at $5 million.

Homeowner Ray Moses said he and his wife, Pam, spent five years building the mansion after buying the property, which was formerly used as a horse boarding facility. Broward County property records show they paid $2,225,000 for the acreage in 2003.

Moses said the home was his wife’s dream.

“She wanted to do this, and who am I to say no?” said Moses, 69, who is in the childcare business and owns five daycare centers in Broward.

Moses said his wife decorated the home, and sat with Delray Beach architect Rick Brautigan to design it. The couple spent $1 million on Italian-made drapery and window treatments, and more than another $1 million on crystal chandeliers. Now, the couple, whose children are grown, plan to downsize. They’ll probably buy a home nearby, Moses said.

“I like the country, and I like to have a lot of tropical fruit trees,” he said. “I still want somewhere where I can swear without the neighbors hearing me.”
Source: http://www.miamiherald.com/2013/11/06/3736235/largest-home-for-sale-in-broward.html

icordle@MiamiHerald.com


Read more here: http://www.miamiherald.com/2013/11/06/3736235/largest-home-for-sale-in-broward.html#storylink=cpy

Read more here: http://www.miamiherald.com/2013/11/06/3736235/largest-home-for-sale-in-broward.html#storylink=cpy

Sunday, March 24, 2013

Hadid condo could reshape downtown Miami skyline

The world’s only female superstar architect, Zaha Hadid, unveiled an undulating, spider-like design for a new luxury condo tower on Biscayne Boulevard — her first residential project in the United States — that boldly looks to raise the design ante for Miami’s skyline. The developers of the proposed 1000 Museum, Gregg Covin and Louis Birdman, also hope to capitalize on the location and the big design name to break through the price ceiling for a downtown Miami condo. They are angling for a stratospheric minimum of $4 million for the cheapest units, and a Miami Beach-like $30 million and up for penthouses. That means pricing would start at about $900 per square foot, an amount that’s already roughly double the price of the typical new downtown condo. The 61-story tower would squeeze in among the so-called Four Horsemen high-rise condos across from Biscayne Bay and the emergent Museum Park, taking over a prime spot now occupied by a gas station, which Covin and Birdman have a contract to buy. The pawn shop property behind it on Northeast Second Avenue is not, for now, part of the $300 million project. The futuristic design by Hadid’s London-based firm features an interlacing concrete exoskeleton, a bulging midsection and a set of rib-like lower balconies that has prompted comparisons by some local bloggers to a spider, a bug and an alien spaceship. “We love Miami, and we feel we can create a beautiful addition to the skyline that will define the skyline in a new way,’’ Zaha Hadid Architects director Patrik Schumacher said. “I think it will have a new kind of appeal.’’ The Iraqi-born, London-schooled Hadid, whose firm has also designed a swooping new Miami Beach city parking garage, is known for flowing, curvaceous buildings that sometimes appear to melt. In the past decade, she has gone from experimental-minded iconoclast to sought-after designer, achieving the kind of popular recognition usually reserved for celebrity male architects like Frank Gehry. Her well-publicized struggles to be taken seriously in the notoriously male-dominated profession also made her a kind of feminist icon. She has a residence on South Beach and was known to have long been seeking a signature local project. Previously, her only Miami work was a sculptural installation in the atrium of a Design District building. Hadid is the third winner of the Pritzker Prize, often called architecture’s Nobel, currently working on a Miami condo project. Sir Norman Foster of Britain is designing a tower next to the Saxony Hotel in Miami Beach, while the Swiss firm of Herzog & de Meuron, also responsible for the new downtown art museum and the instantly famed 1111 Lincoln Road parking garage on South Beach, is designing a tower in Sunny Isles Beach. The firm of a fourth Pritzker laureate, Rem Koolhaas’s Office of Metropolitan Architecture, for whom Hadid previously worked, has designed three companion buildings for the Saxony project, including the renovation of a smaller hotel, and is on a team vying for the redevelopment of the Miami Beach Convention Center. The fact that Hadid and other eminent architects are designing exceptional buildings in Miami reflects a growing maturity and sophistication about design from developers and civic institutions, said Wolfsonian/FIU museum director Cathy Leff. It also means the city can finally lay aside its longstanding inferiority complex, she hinted. “It’s a sign of confidence in our present,’’ Leff, a Hadid friend, said. “We were always the city of the future. We no longer have to define ourselves that way. We are a city of now and it should be defined by the best designers.’’ Hadid’s hiring for the 1000 Museum tower had been previously announced, but Friday provided the first public look at her firm’s design. Such is the interest among followers of design that leaked images and commentary had already been posted on local blogs. Schumacher said putting the structural support on the tower’s exterior and varying its width not only creates a striking appearance, but also has the practical benefit of allowing roomier units in the tower, which is relatively slender because of the lot’s small footprint. “It’s good to have the structure on the outside,’’ Schumacher said. “It’s a fusion of technical issues and technical expression, of aesthetic expression. It gives an identity ot the project, which changes character as you move from the bottom to the middle to the top. It adds variety, rather than have endless, monotonous repetition of the same from the bottom to the top.’’ That last is, of course, a reference to the typical stacked-balconies-on-a-podium design of Miami condo towers, including 1000 Museum’s four companions, all by noted Miami architects. Ten Museum, next door to the planned new tower, was also developed by Covin. But the developers and their architects deliberately set out to shatter that mold, Schumacher said. Although the tower does sit on a multi-level garage, retail and amenities podium, the exoskeleton’s legs reach all the way to the bottom, tying the building to the street, Schumacher said. Designed under the city’s new Miami 21 code, the tower also will avoid some of the much-cricitized pitfalls of its four companions, built under a previous code, he said. Critics have compared their rear facades on Northwest Second, dedicated entirely to service facilities, to the back of a refrigerator. 1000 Museum, by contrast, “will have a nice presence all around,’’ Schumacher promised. “It doesn’t have a back side.’’ He said the building would be “pushed forward’’ on the lot to urbanely meet Biscayne Boulevard and the planned new park across the street, where new art and science museums are under construction.
The 700-foot tower would be the tallest of the ensemble facing the park. Like most recently announced high-rise residential projects, the 1000 Museum developers are aiming the project at the very top of the luxury market, which means principally foreign buyers with ready cash. The units would be large, between 4,500 square feet and 9,000 square feet.

  Source: http://www.miamiherald.com/2013/03/18/v-fullstory/3292714/hadid-condo-could-reshape-downtown.html BY ANDRES VIGLUCCI aviglucci@MiamiHerald.com

Thursday, June 17, 2010

Miami Real Estate – Make Your Home Buying Fun

In buying a home in Miami real estate, fun and buying are the concepts that come together.

Buying a home is a huge investment that is why instead of having fun, buying a home become so stressful. Buyers tends to find themselves into trouble when purchasing a home in Miami real estate, because of the legal aspects, choosing a home mortgage, dealing with brokers and real estate agents, finding home insurance, and many other buyer concerns.

But there are still some ways to make the buying process with lots of fun, by being prepared, and by adding a little bit of humor and wit if needed.

Now, the first thing one should do is by asking the toughest question, Can you afford the payments for the home that you wanted… Then you have to answer that question honestly. It is wiser to consult a financial adviser to help you in the buying process. This is really important especially if you have some troubles regarding to financial obligations. So it is better to determine that type of home you can afford, considering the monthly payments to be done for a home mortgage.

Next thing one should do is to have valuable information about Miami real estate. There are lots of way to obtain the necessary information, by newspapers, advertisements, referrals, brochures, and also the Internet. It is truly wiser to have all the valuable information when entering into a home buying in Miami real estate.

If you are first time buyer in the Miami real estate, it is advisable to talk to people who recently purchased a home in Miami real estate and learn from their experiences. Learning from others experiences can help you in your buying process.

It will also benefit you, if you talk to your friends and family, who has recently purchased a home in Miami real estate. The world of real estate evolve fast, so things can change quickly, so having a lot of information can help you in your home buying process in Miami real estate.

Another important factor to consider in your buying process, is hiring the service of a real estate agent. But it is also important to take some time to research about the real estate agent, for you to find the most skilled and expert that would fit to your needs. Now, in choosing a real estate agent, choose someone who can represent you and your interests, someone who can lessen you stress in purchasing a home. In searching for a real estate agent, you can look for some referrals.

In buying a home in Miami real estate, a great deal of discussion and paperwork is involved in closing a deal. But if you done the process well then this part will no longer be a stressful one but instead to be an exciting one. After finding the best mortgage rate and terms which you were qualified, then better to finalize the home mortgage company of your choice. And as soon as all goes well, you end up enjoying and relaxing to your home. So finally, you’ll be having fun with you new home in Miami real estate.