Showing posts with label great property. Show all posts
Showing posts with label great property. 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

Friday, September 17, 2010

Elegant and great property at Miami Beach Condos

The best advice real estate experts give is for one to examine more recent sales data and use these as basis for pricing a home appropriately. Studies have shown that pricing homes appropriately would sell them faster and at a higher price show than pricing them aggressively. The Findire backhand team all equipped with professionals gives you an opportunity to dwell in the best of Miami property locations.

As prices fall in places like the USA and UK, rental incomes relative to purchase price are increasing. At the point that yields is sufficiently high we start to see value as the level of yield provides sufficient headroom for future price growth before yield drops to an unattractive level. Such value investments therefore offer good yields and long term growth prospects.

Note that Miami real estate living is something of a reward for you, treat every day there as your best. You can always see positive outlook in the Miami area because people never complain a thing about it. Like most of the people who chooses real estate in Miami. We can say that it is one of the coolest places to live in, the perfect combination of great city attributes will really lure you to it and we think investing in Miami real estate can be a good place to live in for the future.

In today ever changing Miami marketplace, when the banks take control of the prices of a given development they reduce the prices drastically. When the prices reach around $200 per Square Foot levels, the whole building sells like magic. You’ll pay this part of your property tax bill regardless of what the home is worth. In many Florida Counties they can be substantial. Those taxes have to be paid even if the tax value of your home is zero.

The Most Famous Miami Beach Location for Buying Condos is one of the most popular areas of the city. This historical district was the original ‘vacation’ area of the nation, and has a unique collection of lovely hotels and apartment buildings. A lot of this can be credited to the concentration of condos in expensive coastal areas like Miami Beach.

However, the wealthy are not the only ones buying a Miami Beach condo, as both ends of the middle and upper income markets are buying. While the affordability of getting these types of housing units these days is enough motivation to buy, retirees, empty nesters, dual income professionals and individuals have now been rushing to buy or rent condos as a lifestyle choice. The opportunities to obtain fantastic bargains are drawing growing numbers of foreign investors to the Florida real estate market. Fewer risks are associated with real estate property investment in established markets as opposed to newer, emerging markets, although this security is often accompanied by higher property prices.

The recent downturn of the Miami Florida real estate market has created a unique position for investors, featuring some of the lowest property prices seen in years. These bargains have created an established market where the cost of housing is mirroring some emerging markets.

Source: http://free-pressrelease-distribution.com/elegant-and-great-property-at-beach-miami-condos-2732032.html