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Surfside Real Estate Market Report for August 2014

By: Ines Hegedus-Garcia on September 15, 2014

Surfside Real Estate Market Report

Surfside real estate market 2012

There are currently  21  Surfside homes for sale: (1 more than last month)

  • Highest priced listing: $4,450,000 (waterfront estate at 1292 Biscaya Dr)
  • Lowest priced listing: $465,000 for a 3 bedroom / 2 bathroom home at 8811 Emerson Av.
  • Pending Sales: 11 (4 more than last month)
  • Closed sales in August: 5 (3 less than last month)

The 5 Surfside homes sold in August were the following:

  • 8858 Froude Av – listed in June for $630,000 and selling for $627,000 ($336/sq.ft.)
  • 9057 Emerson Av – originally listed in November of 2013 for $550,000, then again in June of 2014 for $570,000, and selling for $545,000 ($305/sq.ft.)
  • 9357 Abbott Av – originally listed in November of 2013 for $549,000 and selling for $540,000 ($355/sq.ft.)
  • 9057 Abbott Av – listed in May for $549,00, with a few price reductions, and selling for $515,000 ($286/sq.ft.)
  • 8919 Harding Av – listed in March for $510,000 and selling for $450,000 ($359/sq.ft.)

The average selling price per square foot for Surfside homes in August was $328 which is considerably higher than the $287/sq.ft average this year and 2013′s average of $270.  Demand continues to increase in Surfside and inventory remains low which means that even fixer uppers and homes that need renovations are selling for top dollar.

With the new Surf Club by Richard Meier making major construction advances, those cranes are creating excitement in the area because prices start around the $3 million range for a 1400 sq.ft. residence.  Remember this is a Four Seasons, with luxury amenities, spa, restaurants which the area has been anticipating.

We have a penthouse listing just 2 buildings north of Richard Meier’s Surf Club, at The Waverly, located on the beach with direct ocean views, for $1,100,000.   It’s a 3 bedroom / 2 bathroom condo with wrap-around balcony and 10′ ceilings.

Waverly 1225 - surfside condo for sale on the ocean

Please give us a call to schedule a showing for this property, it’s vacant and the views will take your breath away.

Remember we don’t just provide these market reports for your information and enjoyment, we are Surfside REALTORS, ready to list and market your property!  We are now also providing these quick services to help with your real estate needs:




To sell or buy your Surfside home, please contact us at


Paraiso Bayviews

By: Ines Hegedus-Garcia on September 12, 2014

Paraiso Bayviews is the last of 4 condo towers in the Paraiso Master-Planned Community by the RELATED GROUP.  The community consists of 10 acres with 1000 linear feet of water frontage along Biscayne Bay in the trendy neighborhood of East Edgewater.  Paraiso Bayviews was designed by Arquitectonica with interior design by Karim Rashid. (who I had a private interview with about the project – see below)

Edgewater is a community rich in culture and littered with creativity which has marked a new gilded age for Miami Pre-Construction, making history and creating a legacy for the Related Group.  Pulling from Global Design, courtesy of World-Renown Designer Karim Rashid, while keeping in mind the etiquette of smart investment, Paraiso is a true Urban Utopia and a gold mine for the savvy investor.  Leaping “outside the box,” Karim Rashid has lent his talents resulting in a fusion of art and future.  The unique fusion of color, shapes and textiles, not only makes the interiors beautiful, but an iconic testament interior design in Miami.

Paraiso Bayviews by


Paraiso Bayviews Building Amenities

  • 43 stories with 398 residences
  • units from 1 bedroom + den and 1.5 bathrooms with 750 sq.ft. to 3 bedrooms and 2 bathrooms with 1200 sq.ft.
  • convenient retail stores
  • double height lobby
  • ample parking for all residences
  • access to Beach Club and Michael Schwartz Restaurant
  • Marina Slips
  • Community Park

9th Floor amenities

  • State-of-the-aft Gym and Spa
  • Kids’ Room
  • Business Center
  • 3000 sq.ft. Party Room

75 ft. long sunset pool

  • On the 43rd Floor Roof Club
  • Pool / Spa
  • Barbecue Area
  • Party Room

Paraiso Bayviews by

Paraiso Bayviews pricing

Pricing at Paraiso Bay starts at $350,000 for a 1 bedroom residence with a den, to $760,000 for a 3 bedroom / 2 bathroom plus den.

Paraiso Bayviews by Karim Rashid**We have floor plans available upon request **

Miamism Private Interview with Karim Rashid

What an honor to be able to have a one-on-one interview with the candid and so down to earth Karim Rashid.  Thank you for the Paraiso Team for making it happen, especially to Liza Walton, social media expert extraordinaire!  So here’s the interview, which was more of a casual conversation:

Karim Rashid and

Ines:  Karim, tell me about the main concept of Paraiso Bayviews.

Karim:  The main feeling of all the spaces and of the building will be this notion of what I call, techno-organic.  It simply means this idea that we live in a new technological, digital age.  This digital age is actually very young – it is only 10-15 years that we’ve had all these digital tools that give us heightened experiences.  So I believe we need to elevate the physical world to be as beautiful, as seductive, as poetic and actually as human as the digital age is.

With that said, I’m going to do something quite different than I did with My Brickell, which is to actually really embrace the nature of the 10 acre master plan and do things where nature feels a little more seamless with everyday life – do soft, organic, very natural but super contemporary.

Ines:  Are you’re taking a sort of  mid-century-modern approach?

Karim: I guess the language of what I’m doing may, where I may be using a lot of natural materials, but I use them to speak about the technological age.  At the same time it’s quite different because rather than being too architectonic, my work tends to be more of a language and a feeling that is at the moment of which we live in.  I’m not a regressive person, If I’m a designer contributing to this world, I need to do something original and new that is related to the social behaviors of the time.  Don’t want to sound too intellectual about it but it’s how I see things.

Ines: Personally, I think you are right on, social behaviors are currently about, “let me look at my phone, and this world is so much more interesting that my surroundings”

Karim:  That’s why we need to make the world around us as interesting. if we don’t, we will lose more and more contact with that world.  In fact the only thing that is going to be interesting at that point will be nature itself.  But if we’re going to build an environment, I have to do things that are a bit unfamiliar, that let you question the world a little bit, that let you look at the world slightly differently and THEN you get inspired.

Every day, I try to feel inspired.  When you feel inspired, you’re alive.

Ines:  Out of all the Paraiso towers, this is supposed to be the young and hip tower.  Aren’t you happy to get the “young, hip” project?

Karim: You know what’s funny?  Around the world, I’m always brought in to do the young, hip projects.  I’m supposed to be the “young, hip guy” – I’m turning 54 in a month – I may be hip, but not young. (we both laugh)

Ines:  Thank you so much for the opportunity and look forward to many good things from you.

Karim:  thank YOU and let me and my team know how we can be of additional help to you.

The Miamism Sales team is ready to help you with your PARAISO BAYVIEWS Condo Purchase and of course surrounding condos as well. Call us for details 305.758.2323 or

Architecture:  Arquitectonica
Interior Design:  Karim Rashid
Developer:  The Related Group
Neighborhood: Edgewater Miami
Location: 600 NE 31st St, Miami, FL 33137



9275 N Bayshore Dr – Miami Shores FOR SALE

By: Ines Hegedus-Garcia on September 10, 2014

Proud to announce our featured listing.

9275 N Bayshore Dr – Miami Shores

Offered at $4,250,000

Epic Miami Shores Bay Front Contemporary Masterpiece now for Sale

Location:  Miami Shores
Address:  9255 N Bayshore Drive
Living Size: 5,200+ square feet
Lot Size:  13,944 square feet
Water frontage:  83′ of open bay – unobstructed
Bedrooms:  6
Bathrooms:  5.5
3-car garage
Generator, LED lighting, energy efficient

For more information, CLICK HERE

CONTACT Miamism Sales Team for a private showing


Paramount Bay Condos – Market Report for August 2014

By: Ines Hegedus-Garcia on September 8, 2014

paramount bay condos by

Paramount Bay Condos Real Estate Market Report

There are currently 36 Paramount Bay Condos for sale:

  • Highest priced listing is unit PH4602 for $4,899,000 (4 bedrooms / 4.5 bathrooms) **developer unit
  • Lowest priced listing is unit 2109 for $695,000 (2 bedrooms / 2 bathrooms)
  • Pending Sales (properties under contract): 4
  • Closed sales in August: 1

The Paramount Bay Condo sold in August 2014 was unit 1108, one of the smaller residences at Paramount Bay with 1 bedroom and 2 bathrooms and 1,128 square feet of living space.  This residence was originally listed in February for $759,000 with several price reductions and increases and finally selling at $609,000 ($540/sq.ft.)

The average price per square foot this year at Paramount Bay is $609 compared to 2013′s average of $596.  You can see a fluctuation of price depending on the condition and finishes of each unit, but the general numbers indicate a gradual and conservative increase.


The Miamism Sales Team specializes in Paramount Bay and can represent you in the sale or purchase of a condo.  Please contact us  We prepare monthly market reports to keep you informed of sales stats at Paramount Bay.

We are now also providing these quick services to help with your real estate needs:




For more information about this Miami condo building, take a look at  Paramount Bay Condos written after my visit in September of 2012.  You can also visit to go straight to source of information.

Condo Name:  Paramount Bay
Architecture:  Arquitectonica
Interior Design:  Lenny Kravitz
Location:  2020 N Bayshore Dr – Miami, FL 33137


Miami Shores Real Estate Market Report for August 2014

By: Ines Hegedus-Garcia on September 2, 2014

Miami Shores Homes – Real Estate Market Report

Miami Shores Real Estate Market Reports by

There are currently 73 Miami Shores homes for sale: (5 more than last month)

  • Highest priced listing is $5,995,000 (1600 NE 103 St)
  • Lowest priced listing is $179,900 (525 NW 111 St – West Miami Shores) – with illegal addition
  • Pending Sales (Properties under contract): 41 (9 less than last month)
  • Closed sales in August: 22 (13 more than last month)

The 22 Miami Shores homes sold in August ranged from $290,000 for a short sale at 141 NE 104 St, to $2,000,000 for the bay front home located at 9935 NE 13th Ave, which sold for $598/sq.ft. That was the only waterfront sale in Miami Shores in August.  The average price per square foot in August for Miami Shores homes was $214 with the highest coming in at $298/sq.ft. for the immaculate home at 185 NE 105 St.

The average sales price  in the first 1/2 of 2014 in Miami Shores was $223 which is slightly higher than 2013′s average of $215.

This is the perfect time of the year to list your home, August and September are historically, the hottest months for real estate in Miami Shores.  So call us for your no obligation, free, market analysis.

It is a seller’s market, which means any agent can sell your home, but not every agent can get you the most money for your property.  We specialize in marketing your property to maximize exposure and gains.  This seller’s market will not last forever and we estimate about 18 more months before the real estate market stabilizes and possibly drops a bit.




If you are interested in getting a list of all properties currently for sale in Miami Shores, we will be happy to send you a digital copy at your request.  We can also send you monthly market reports directly to your inbox. Feel free to email us at

There is currently a bay front lot for sale for $2.5 million with approved site plan by the City of Miami Shores.  It is not in the MLS but would be glad to share the details if you contact us directly.