Turnberry Associates and Cabi Developers are getting set to release the second fourteen story mid-rise in the Turnberry Village project. This building will have approximately 200 units with a 12,000 square foot clubhouse.
Turnberry Village offers a very amenity rich lifestyle and will have the best finishes, from Snaidero cabinets to Kohler fixtures. For all of the people that missed out on the first building, this is your last opportunity to purchase a preconstruction unit in the last project to ever be built on the famed Turnberry Isle golf course in Aventura, Florida. The demand for these units is incredible, so please act fast if you are interested. Units will sell as fast as they are released.
Turnberry Village offers the lowest pre construction pricing in all of Aventura. Prices range from $350,000 to $800,000 with one, two and three bedrooms available. Please click here (Turnberry Village) to view the floor plans details of the project and find out how to reserve your unit, or call Paul Hansen at 786-586-4778.

Thank You,

Paul Hansen P.A.
www.HansenHomesAventura.com
Paul@HansenHomesAventura.com

South Beach condos take luxury living to the next level


South Beach condos are some of the most luxurious and best located condos you will find anywhere in the world. With the beach, shopping and restaurants just minutes away, you won�t see anything else that compares to living in a South Beach condo. The condos in South Beach offer an array of new construction and pre construction to satisfy the needs of the most discerning buyers.

March 15, 2005 -- South Beach condos are some of the most luxurious and best located condos you will find anywhere in the world. With the beach, shopping and restaurants just minutes away, you won�t see anything else that compares to living in a South Beach condo. The condos in South Beach offer an array of new construction and pre construction to satisfy the needs of the most discerning buyers.

The Icon is the newest of all of the South Beach condos, and is located south of Fifth Street. Developed by the Related Group and designed by Phillippe Starck, the Icon offers units that range in size from 851 to over 2000 square feet. Prices in the Icon range from $650,000 to over $2,000,000. Views in the Icon range from ocean, bay, city and beach and will have a multi-story Grande Lobby with soaring 20 foot high ceilings. Lobby common areas will include a coffee and tea bar with afternoon tea service and much, much more.

Portofino Tower was the first luxury high rise condo to ever be built in South Beach. Rising 44 floors and completed in 1996, the Tower was far ahead of it�s time. Portofino Tower provides world class amenities to its residents. The 29th floor is completely devoted the owner's health spa and gymnasium, while the concierge is always at hand to tend to your needs. Prices on the resale market range from $900,000 to $10,000,000 and up to 6000 square feet. Located at the southern tip of South Beach, the views are magnificent in every direction.

The Continuum is thought to have the best location of any of the South Beach condos. It is situated on the South East corner of South Beach giving the Continuum unobstructed direct East views of the Atlantic Ocean. Completed in 2002, the Continuum took luxury condo living in South Beach to a whole new level. Units range in size from 1200 to over 4000 square feet with price ranges from $950,000 to over $5,000,000. Units in the Continuum all feature ceiling heights of 10 feet and solid core doors at the height of 8 feet.

Apogee South Beach will be located on the last great waterfront site at the southern tip of South Beach, Apogee will be the very pinnacle of modern luxury living. It is more than you need and all that you desire. Residences from 3,000 to 6,000 square feet with prices ranging from $2.5 to $9 million. Apogee will be developed by the Related Group of Florida and designed by Sieger Suarez Architectural Partnership. Maintenance cost will be approximately $0.85 per square foot and taxes will be approximately 2% of purchase Price. Units will range in size from 3,200 to over 4,200 square feet. As you can imagine this will be the most luxurious project to ever come to South Beach. Only a select few will have the rare opportunity to obtain a unit at this pristine location.

The Setai Residences: A 40-story, ultra-luxury, high-rise condominium tower featuring 175 residences with panoramic views of the ocean, beach and Miami skyline with floor-to-ceiling windows, multi-level lobby and all the finest amenities. Available one, two, and three bedroom residences range in size from 850 to 2,800 square feet, and are priced from approximately $1,000,000 to over $6,000,000. Penthouses at the Setai are approximately 6,000 square feet, excluding terraces and private decks with lap pools.

Designed to have three towering tiers with 25, 31 and 37 floors, Murano Grande luxury condos boast an interior of floor-to-ceiling walls of glass bringing in spectacular views of the Miami skyline, beaches and crystal blue waters, and majestic cruise ships as they embark from the Port of Miami. Murano Grande sits at the virtual gateway to South Beach, at the edge of Biscayne Bay. Steps away are the Miami Beach Marina, the place where world-class yachts are docked. The Murano Grande was completed in 2003 and offers townhomes condos that range in size from 1300 to well over 4000 square feet. Pricing ranges from $825,000 to over $3,000,000.

With all of the choices in the South Beach condo market, the best way for you to make an informed decision is to contact a real estate agent that knows the market. When buying or selling your South Beach condo, please contact Paul Hansen at 786-586-4778 or Carole Ramirez-Hansen at 786-586-4780 or visit us at www.HansenHomesAventura.com.

BAL HARBOUR

Boom is doom for Sheraton

The Sheraton Bal Harbour, designed by architect Morris Lapidus, will be torn down next year for condominiums and a condo-hotel.

The Sheraton Bal Harbour, a nearly 5-decade-old beachfront resort formerly called the Americana that once ranked among South Florida's premier tourist destinations, is set to be demolished next year to make way for condominiums and a condo-hotel.

Developer Jorge Perez said he is paying ''in excess of $200 million'' to develop the property in a joint venture with Starwood Hotels and Resorts, which owns the Sheraton Bal Harbour. They plan to build a 350-unit condominium building and a 250-room ultra-luxury St. Regis condo-hotel.

It may be the first demolition of a South Florida building designed by famed architect Morris Lapidus, said historian Paul George and Miami Beach architecture author Randall Robinson. The Sheraton Bal Harbour will stay open until May 2006, said Perez, chairman of Miami-based Related Group of Florida.

The move is yet another remake of a high-profile South Florida hotel property amid the region's ongoing real estate boom. Some worry the changes are eroding the area's stock of hotel rooms -- the latest a favorite of America's labor unions.

Perez, the state's most prolific high-rise condo developer in the past dozen years, also said the project amounts to his final local high-rise condominium project -- at least for now.

''This is it for us in South Florida,'' said Perez, whose first high-rise condo was South Beach's Portofino Towers in 1992. He has nearly 40 condo projects underway from West Palm Beach to downtown Miami, much more than any other developer in South Florida. He said demand for condos remains strong, but prices for new land have become too expensive.

''We need to concentrate on what we have on our plate right now,'' said Perez, who also has condo projects in Fort Myers and Las Vegas.

Starwood Hotels and Resorts declined to comment. The White Plains, N.Y.-based hotelier, which is publicly held, owns such brands as Sheraton, W Hotels and St. Regis.

In addition to the condo tower and condo-hotel, the new development is to include a 6,000-square-foot ballroom, a spa and two restaurants.

The 8.8-acre site has long been admired because it sits on the beach and is across from the Bal Harbour Shops.

Bal Harbour Condos

» Continue reading "Bal Harbour"

Rates on 30-year mortgages hit highest level in seven months

Rates on 30-year mortgages hit the highest level in seven months, reflecting four straight weeks of rising rates, a national mortgage survey reported Thursday.

Freddie Mac, the mortgage company, said its weekly survey showed that rates on 30-year, fixed rate mortgages averaged 5.85 percent this week, up from 5.79 percent last week.

It was the fourth consecutive weekly increase after 30-year mortgages had fallen for six straight weeks, hitting a low for this year of 5.57 percent the week of Feb. 10. Rates now stand at the highest level since the 30-year mortgage averaged the same 5.85 percent the week ending Aug.12.

Analysts said that last week's good news on employment, showing that the economy created more than a quarter-million jobs in February raised worries in financial markets about possible future inflation caused by stronger-than-expected economic growth.

"Last Friday's employment report reinforced the perception that the economy is on sure footing, leading bond markets to push interest interest rates higher again this week," said Freddie Mac economist Amy Crews Cutts. "Although inflation remains tame, the recent spike in oil prices does put inflationary pressures on the economy and was an additional factor causing higher interest rates."

Still, analysts said mortgage rates should rise only gradually this year if the Federal Reserve keeps to its current course of gradual quarter-point increases in short-term rates.

Freddie Mac is forecasting that the 30-year mortgage will be around 6.25 percent at the end of the year.

Sales of both new and existing homes set records for four straight years, but analysts are predicting a slight fall-off in the sales pace this year as mortgage rates continue rising.

Other mortgage rates were up as well this week, Freddie Mac reported.

HansenHomesAventura.com

Rates on 15-year, fixed-rate mortgages, a popular option for refinancing, rose to 5.38 percent this week, up from 5.33 percent last week. Rates on one-year adjustable-rate mortgages climbed to 4.24 percent this week, compared to 4.14 percent last week.

Five-year hybrid adjustable rate mortgages averaged 5.22 percent this week, up from 5.17 percent last week. These hybrid mortgages have a fixed-rate for five years and then adjust each year after that.

The nationwide averages for mortgage rates do not include add-on fees known as points. The thirty-year mortage, 15-year and five-year ARM all carried a fee of 0.6 point. The one-year ARM had a financing fee of 0.7 point.

A year ago, 30-year mortgages averaged 5.41 percent while the 15-year mortgage was at 4.69 percent and the one-year ARM was at 3.41 percent. Freddie Mac does not have historical data yet on the five-year ARM.

Aventura Condos

The South Tower was the fourth tower built at The Point of Aventura. Completed in 2002 the South Tower at the Point offers luxury living at affordable prices. Unit sizes range from 1500 to 1900 square feet, with views ranging from ocean, intracoastal, marina and city views. The South Tower at the Point offers its residents exclusive membership to their own private 15,000 square foot clubhouse complete with state of the art gym, men and women�s spa, treatment rooms, billiard room and private party room. The South Tower at the Point also offers three different pools to choose from. Step out from the back of the South Tower to the beautifully landscaped lanai that will take you to either the clubhouse or all three pools. Prices in the South Tower at the Point start in the $400�s. For more information please call Paul Hansen at 786-586-4778 or Carole Hansen at 786-586-4780.

To see all current listings in the South Tower at the Point click below:

South Tower at the Point

Aventura Real Estate