May 2013

America's downtowns are growing and this is contributing to the Condo Craze many cities are experiencing.   Downtown activities such as cafes, shops, clubs and nightlife help keep the college educated 25-34 year olds entertained.  In fact from 2000-2010 this demographic increased downtowns by 26%.

In an article from Forbes in April 2013,Lee Fisher, president of CEOs for Cities stated, "The cities that capture the mobile, college-educated 'young and restless' are the ones who are most likely to revitalize their downtowns and accelerate economic progress in their cities."  CEOs for Cities is a national not-for-profit organization that helps U.S. cities map out economic growth.  City Planners have been working nonstop to help downtown revitalizations

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Welcome to the Sandpearl Residences Penthouse located in Clearwater, FL. This penthouse is amazing with all the bells and whistles with multiple large areas for every occasion including a wine cellar. Enjoy your summer day from the balcony overlooking Pier 60, the Sand Key Crescent, the Gulf of Mexico, Caladesi and the Honeymoon Islands. You will have plenty of room to entertain in this 5,238 square foot house with four large bedrooms and five baths. Special ammenities also include luxurious Travertine, Marble, Granite, Alli Kriste custom cabinetry, Subzero, Bosch & Wolf appliances, his & hers Master Bath\'s w/outfitted closets.
If all this wasn’t enough, you even get your own private beachside cabana.

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Marea will be located in the exclusive South of 5th neighborhood of South Beach.  Architect Sieger Suarez designed Apogee in the same area, and you will recognize some of the same design features he incorporated into this building.  The currently under construction One Miami located next door is selling really well.  One Miami and Marea are sharing the same landscape and interior designers, Enozo Enea and Yabu Pushelberg.  Email me if you want to be among the first to receive first pick of floor plans and water views.  This property is limited to 24 apartments, 4 penthouses, and two townhouses. 

Chris Ballard 305-424-8775

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A new study by the European Journal of Epidemiology shows that residents who live above the 8th floor are 22% less likely to die early.  The research shows that two major illnesses, lung disease and heart disease are lowered once people live above the eighth floor.

The only rate of death that increased as the floor number increased is, of course, suicide.  Those living on the first floor were 60% less likely to committ suicide by jumping.  We're a little surprised that it's only 60%...

So start living a healthier life and Search for a High-Rise Condo now!

Located on the west coast of Florida is the beautiful beach community of Clearwater offering community and extravagant activities for all to enjoy during the summer months.

What could be better than a farmers market by the sea?

Every Wednesday from 9:00 am to 2:00 pm Clearwater Farmers Market 

brings local produce and small unique treats to Downtown Clearwater.  Bright booths and neighbors mingle to create a destination of community and plenty of fresh produce, baked goods, yummy cheese and flowers.  It is located on the 500 to 600 block of Cleveland Street.  

(Photo Credit Clearwater Farmers Market)

Read more info about Cleveland Farmers Market 

 

Summer Fun at Pier 60

If you are looking for a great place to get some sun and have

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Highrises.com DC team is proud to announce that Shemaya Klar represented the buyer of unit #251, a fantastic two bedroom condo, priced at $625,000 in the Clara Barton.   This 2 level, 2 bedroom, 2.5 bathroom townhouse-like condo is  a great example of why we love the Clara Barton so much.  It is such a livable building.  This condo opens up to a real foyer, a half bath on the main level, real-cooking-size kitchen and luxurious living room with two floor-to-ceiling doors opening up to a private patio in the Clara Barton Courtyard.   The living/entertaining area is completely separate from the private space.  Upstairs are two bedrooms and 2 full bathroom and a full size washer and dryer.  The owner's suite is simply massive with 3 large closets, one of which…

One Thousand Museum

This new tower planned of downtown Miami is sure to be a new signature building for the Miami skyline.  It will be located at 1000 Biscayne Blvd, near Bayside and the American Airlines Arena. 

At the top of the tower, beneath the helipad, are an indoor pool, rooftop event spaces, a cigar lounge, a relaxation lounge, a sun deck, a billiards room, a cardio room, a screening room, and various other amenities.

The large residential apartments may create a new high in average price per sq foot in the surging downtown Miami real estate market.

Washington DC Real Estate Update:  Condo sales YTD:

According to a recent report by Rbi, the Washington DC condo market is on fire. The Median Sold price is up by 7.2% for all condos and coops in Washington DC. There are currently only 506 condos/coops for sale in DC which is the lowest level of inventory we have had in 5 years.  Condos are selling for closer to list price with the average list prices to sold price ratio at 98.6% which is the highest in five years.   And average days on market is down to 45 days. 
 
Year to date, 1036 condos have sold which is a 5 year high.

Fewer condos for sale + many more buyers + lower interest rates + rising rental rates = increasing prices.

Now is a great time to buy a condo in DC. 

There are very

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Highrises.com DC team is pleased to announce that they recently represented two different buyers of two great condos in 400 Mass Ave NW Washington DC.

400 Mass Ave NW Washington DC is a great building built in 2005 by Faison development.  There are 256 units, mostly one and two bedroom units.  There are a few efficiencies and a few very large 3 bedroom units on the North side of the building.   Some of the units have private terraces and a few of the upper level units have very large sky terraces.
The building is perfectly located just a few blocks from the Chinatown metro stop (Red, Green and Yellow lines), and just a short walk to the National Mall or Capitol Hill.  Georgetown Law school campus is just 2 blocks away, and very easy access to 395 for a

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Highrises.com DC team is proud to announce that they recently represented buyers of  two great units in 4101 Albemarle ST NW Washington DC #431 and #352.  Unit #431 was a large one bedroom condo has some of the best views in the building.  Looking out the living room, past the fireplace, there is at least a 20 mile sightline past the DC skyline.  Just awesome.  It sold for $450,000 including on garage parking space.
The other buyer we helped,  purchased unit #352 which had a private patio (on the 3rd floor!) and a parking space. 
It sold for $475,000. This building is ideally situated across from Whole Foods and sits on top of Shopping and the Metro.

Cityline condos  (4101 Albemarle Street NW Washington DC) are another great example of adaptive reuse

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