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Condo Hotel Center: Property
Alert
June 7, 2004
LAST
CHANCE TO GET IN ON MIDTOWN MIAMI
 For
those of you who had expressed an interest in Midtown
Miami when I first introduced this pre-construction
project about two months ago, you might be interested
to know that all 338 condos in Phase 1 sold out within
just a couple days.
I'm pleased that some of Condo Hotel Center's clients
got in on the action and picked up units that will
undoubtedly reap exceptionally high appreciation,
especially considering that there were over 700 reservations
made for the 338 condos!
One Condo Available at Midtown
Miami
Well here is one last chance to get
in on this property. My developer contact at
Midtown Miami called me late this afternoon with the
inside scoop. One gentleman, who happened to
be one of the very first to reserve a unit, has decided
not to go forward with the purchase. And his
loss may be your gain--if you can move fast!
The condo that is available is on the 27th floor, right
below the penthouse level of this 28-story building.
The view is east, or in other words, direct oceanfront.
In fact, this unit has the absolute best view in Midtown
Miami!
The condo is 2 bedrooms/2.5 baths, 1,206 sq ft. with
a huge balcony and is priced at $500,000. Only
10% is required now. The remaining 10% of the
down payment will be required in 5% payments in February
2005 and September 2005.
I always worry about sounding too aggressive in my Property
Alerts, because that's not my style. However,
in this case, I can't stress enough that there is
only ONE unit, and a great one at that, and if you
want it, you need to call me a.s.a.p.
More information follows from our original Property Alert
to give you more background on the Miami Midtown project.
Midtown Miami-It's Going
to Be Huge!
Midtown Miami will be a 56-acre "city within a city."
It will include an estimated 3,900 residential condo
units, 600,000 sq. ft. of retail space and 100,000
sq. ft. of office space. The Midtown Miami development
will include shops, restaurants, residential buildings,
a first class hotel, town square, boutiques, newsstands,
parks and green spaces. Live/work zoning will
allow you to work on one floor, live on another!
It is scheduled for completion toward the end of 2006.
An Amazing Location
Midtown Miami will be massive, encompassing
18 city blocks, the largest parcel of undeveloped
land in Miami. It will be situated between the
Design District, the Wynwood Arts District and the
new Performing Arts Center anchored by the new Midtown
Boulevard - the main thoroughfare of the development
- and East Coast Avenue.
The development will be located 10 minutes to Downtown
Miami, 10 minutes to Miami Beach, 10 minutes to The
Port of Miami and the Miami International Airport
and less than two minutes away from the nearest exit
to I-95. In other words, the location is PRIME
in every sense of the word.
Midtown Miami Condo Features
All Midtown Miami condo units will feature private
terraces, 10-foot ceilings, floor to ceiling impact-resistant
glass windows; Italian kitchens with stainless steel
appliances, custom cabinetry, stone countertops; and
pre-wiring for electric, cable, and high-speed internet.
Building Amenities
Amenities include Porte cochere, 24-hour
security, rooftop pool overlooking Midtown Boulevard
and Biscayne Bay, a sophisticated fitness center,
Jacuzzi, sauna, steamroom, meditation garden, high
speed elevators, covered parking, concierge, valet,
private storage facilities and ground-level retail.
Midtown Miami Project Overview
In approximately five years when Midtown
Miami should be complete, the actual construction
cost for the entire project is expected to be $641
million. The total value will be $833 million.
This project will create thousands of new jobs and
will generate significant additional real estate development
in the area.
Because of it's massive size, Midtown Miami will become
the focal point of the new Biscayne Corridor and will
give a lift to already rapidly rising real estate
values in the area. As a matter of fact,
this property will be built in what is considered
"one of the hottest zip codes in the U.S."
In February 2004's "Biscayne Boulevard Times," staff
reporter Melanie Feliciano said: "Folks who have put
their money into the belief that the Biscayne Corridor
would be a great place to live and play should pat
themselves on the back. A recent review of raw
real estate data by CNN Money has declared that 33137
and 33138 were in the top eight zip codes in the United
States for gains in real estate appreciation for the
last five years. The report also expects the
double-digit gains to continue for some time to come."
Call Me Now If You Want It!
So there you have it, an opportunity
to get a premium unit at the exciting Midtown Miami
development. Once again, if you want it, please
call me as soon as possible.
As always, thank you for taking the time to read news
from Condo Hotel Center.
Joel
Greene, Broker-Associate
Condo Hotel Center
A division of Sheldon Greene & Assoc., Inc.
13499 Biscayne Blvd. Ste. 210
N. Miami, FL 33181
PH: 305-944-3090
FX: 305-948-0460
Info@CondoHotelCenter.com
www.CondoHotelCenter.com
www.CondoHotelsDubai.com
www.WorldClassCondoHotels.com
www.CondoHotelsBahamas.com
www.CentralAmericaSecondHomes.com
www.DominicanRepublicVacationHomes.com
Want to know more about me? Click below:
http://www.condohotelcenter.com/joel-greene.html
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