Una Residences, luxury residences on the Brickell waterfront

Una Residences will consist of only 135 condos in a 47-story luxury tower. Each unit will feature a private elevator entry, ranging in size from 1,100 to 4,786 square feet. Located in South Brickell, Una will be the first waterfront boutique building to be built in the neighborhood since 2004.

Una Residences Porte Cochere

Una takes its inspiration from the elegant shapes and materials of classic yacht design. Instantly recognizable by the sweeping curve of its dramatic silhouette, the building’s glass surface brilliantly reflects the dazzling sunlight, while the floor-to-ceiling windows take advantage of a coveted setting on Biscayne Bay. From a distance, the iconic tower is recognizable by the smooth, light-metallic surface and striking silhouette that recalls the natural shape of a wave.

Una’s setting in the scenic Brickell waterfront area takes advantage of the natural beauty of South Florida as well as all the conveniences of Miami. Direct waterfront access, walking paths, public parks, and bike routes make it easy to engage with the brilliant landscapes all around. A peaceful, idyllic residential neighborhood with a wealth of dining, cultural, and retail destinations, plus plenty of options for running, cycling, and boating, all just steps from Una’s front door.

Designed by Adrian Smith + Gordon Gill Architecture, Una is being developed by OKO Group, in partnership with Cain International.

Una Residences will feature:

  • Unobstructed views of the Atlantic Ocean, Biscayne Bay and the city skyline
  • High efficiency and noise reducing floor to ceiling exterior glass
  • Three levels of underground parking
  • Three swimming pools including lap pool, family pool , and bayside pool and a Jacuzzi
  • Kid’s splash-pad area & kid’s room
  • Entire fourth floor dedicated to health and fitness curated by the AMAN group including yoga and personal training areas, his and hers dressing rooms, saunas, steam rooms and in door and outdoor massage treatment rooms
  • Movie theater
  • Catering kitchen and private dining room
  • Indoor and outdoor owner’s lounge
  • Private marina with boat slips for sale
  • Exclusive access to the Grand Bay Club in Key Biscayne
  • White glove services
  • Baywalk access

Residential features include:

  • Private elevators and elevator entries into each residence
  • Expansive 10-foot wide terraces with effortless lift and glide floor-to ceiling doors and glass balcony railings
  • At least 10’8″ ceiling heights
  • Chef’s kitchen with Gaggenau ovens, electric induction cooktops, microwave, dishwasher, and refrigerators/freezers
  • The master suites comes with separate his and hers closet and bathrooms
  • Utility room with full-sized washer and dryer
  • Flow-through residences with east-to-west ocean and city exposures on the top floors.
  • Two Penthouses, each with a private pool and 11’7″ to 12’4″ ceiling

Construction is expected in 2019 and completion by targeted to be completed by 2021.

Residences may be secured with 20% of the purchase price at contract.

An additional 10% will be required six months after contract signing, 10% once construction reaches the 25th floor and 10% at top off. The final 50% will be due upon completion in late 2020.

Residences start from $1,035,000.

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

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

 

Real Estate Investing: 3 Secrets of Successful Home Buyers That You Can Use Today

While making a real estate purchase can be a matter rife with many questions, buying to invest in a long-term property can be even more confusing. If you’re looking into investing in real estate and wondering what variables to consider, here are a few tips that you’ll want to keep in mind before deciding on a fruitful investment property.

Be Aware Of The Market You’re Buying Into

Since you’ll need to be aware of what other people are looking for in a property if you’re diving into real estate to invest, you’ll want to carefully consider the neighborhood and city that you’re buying in and think about what the future holds.

While becoming knowledgeable about home prices in the area you’re thinking of buying is a must, you’ll also want to think about market projections, trendy new neighborhoods and what the appeal will be to renters or buyers of the home you’re contemplating.

Consider A Diamond In The Rough

It might seem like a home that is a little rough around the edges is going to be a high-maintenance endeavor that doesn’t balance out in the end, but a fixer upper of a place may end up being the best option.

While you may need to renovate a little here and there to unearth some of its natural features, improvements to a home with a good structure in a good neighborhood can be more economical than spending more on a home that instantly appeals. It can also provide a better return on your investment in the long-term.

Stay Within Your Spending Means

When considering an investment property, it can be quite easy to get derailed and think about what you’ll be making instead of the expenditure of the initial investment. However, it’s important to determine beforehand that what you’re choosing to afford is going to be manageable in case you have to swing it on your own.

By determining whether or not it’s an affordable expense, you can have a successful investment that will balance out in your favor at the end of the day without having to worry about sinking beneath the cost.

There are many questions that can come along with choosing to invest in real estate, but by carefully considering the market and keeping your purchase at a reasonable price point, you may have a long-term moneymaker on your hands.

Thinking about investing in real estate? Contact me and let’s talk about it.

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

Thinking About Downsizing? Here’s What You Need to Know About Life in a Condo

The shift from home living to condo life may seem like a minor one, but there are plenty of things that will differentiate your lifestyle other than size when it comes to making a condominium purchase. If you’re contemplating this move and wondering about some of the things that this might entail, here are a few factors that are worth considering.

The Fees You’ll Have to Pay

While a smaller condo is unlikely to have the same associated costs as a large home, you will be paying a monthly condominium fee that will be covering maintenance and insurance so that many repairs and upgrades won’t have to be paid out of pocket.

While this cost will not cover each and every maintenance issue that can occur in a condo, it should keep you covered for many standard home costs. When purchasing a condominium, it’s important to read about what this monthly fee entails.

The Life of Central Living

Life in the suburbs can often mean that you’re far away from the amenities of the city, but many condominiums are built in areas that are full of restaurants, pharmacies, cultural centers and grocery stores which are only a short distance away.

If you don’t mind getting into the car to run your errands, this might not be that important to you, but if you enjoy the exercise and like having amenities close by this type of living situation can be a welcome change.

Less Room for Stuff & Storage

Condo life can certainly eliminate many of the responsibilities of having a home, but if you’re downsizing there’s a possibility that you may have to get rid of a large number of items to successfully fit into your new space.

If you’ve thought about the decision a lot and are convinced that condo living is the right choice, it’s still worth considering how much storage space you will have in your new home so that you can plan for this change, and shift your living style to fit the demands of a smaller space.

There are a lot of things to think about if you’re planning to downsize into a condo, but if you’ve considered the space you’ll have to work with and the conveniences that will make your life easier, you’re probably already prepared for the shift.

If you have any questions about moving into a condo, give me a call and I will happily help you.

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

Venezuela money helps fuel Miami housing boom

Venezuela money helps fuel Miami housing boom

By Les Christie @CNNMoney June 5, 2013: 5:54 AM ET 

Render of Le Parc, a 12-story, 124-unit LEED certified building in the Brickell Financial District
During the first week of May, five new condo projects in downtown Miami launched sales campaigns. Among them was the boutique condo building Le Parc at Brickell.

NEW YORK (CNNMoney)

When politics grow heated in Latin America, home buyers from the Panama Canal to Tierra del Fuego flock to Miami looking for a safe place to park their assets.

In recent years, Venezuelans in particular have been coming to the city in droves.

Since the Miami Association of Realtors started to track sales to foreign buyers in 2006, Venezuelans have bought more Miami real estate than Brazilians, Argentinians or citizens of any other nation in the world.

The buying began in earnest when Hugo Chavez started running the country in 1998. While the Socialist president was considered a hero among the working-class, many wealthy Venezuelans considered him a tyrant.

The fears of unrest surrounding his October 2012 reelection triggered another infusion of Venezuelan cash into the Miami real estate market. Local real estate agents joked at the time that Chavez should have been named Miami’s “Salesman of the Year,” according to Matthew Martinez, a local real estate investor and principal of Beacon Hill Property Group.

After Chavez died in March of this year, the ensuing election that put his successor, Nicolas Maduro, in office also stirred up fears — and more home buying in Miami.

Left-of-center politicians elected in Bolivia and other Latin American countries have encouraged wealthy citizens of those nations to look for a safe haven in Florida as well. And, investors from Brazil and Argentina, where the economies are booming, are also putting their excess cash in safe Florida real estate.

As a result, Miami has become known as a “global gateway,” much like New York and San Francisco, that attracts deep-pocketed investors from all over the world, said Neisen Kasdin, a real estate development attorney and former mayor of the city of Miami Beach.

The influx of buyers, combined with the economic recovery in the U.S., has created a dramatic turnaround in Miami’s housing market. Sales of single-family homes in Miami climbed 10.3% during the first three months of 2013 compared with 12 months earlier and prices jumped 23%, according to the Florida Association of Realtors.

About 45% of single-family home sales and 77% of condo sales were made in all cash, reflecting the heavy foreign presence. More than 90% of sales to foreigners in Miami are made in cash.

“Two years ago, Miami was the poster child for distressed real estate in the United States,” said Jonathan Miller, of Miller Samuel, a real estate appraiser and consultant. “It has now morphed into a luxury brand.”

All but 600 of the 23,000 bubble-era condos that once languished on the Miami market have been sold, according to the Miami Association of Realtors.

“That old inventory is basically gone,” said Kasdin.

During the first week of May, five new condo projects in downtown Miami launched their pre-construction sales campaigns. Among them was the boutique condo building Le Parc at Brickell, where units range from 622-square-foot studios starting at $280,000 to 1,566-square-foot, three bedrooms for $699,000. The units have access to a rooftop pool and jacuzzi and outdoor kitchen and feature high ceilings and imported tile floors.

“People who want to retire and play golf, that’s not Miami,” said Alan Ojeda, a local developer and founder of Rilea Group who’s building a 44-story condo in downtown Miami. “The city is filled with youth, with life, with music. The main difference now, is that the South Americans are not just parking their assets here, they’re parking their families as well.” 

 

Source:  CNN Money