Ocean Insiders Blog

 
Friday, March 28, 2014
Ocean Insiders has closed a total of $20 million in residential transactions on Fisher Island this quarter!! This is over 50% of the market share.
 
Total year to date in closings for the whole island is $35 million.
 
Recent closings are 19115, 7966 Fisher Island Drive. Also, the highest selling Oceanside penthouse per square footage. We are happy to announce that our rental transactionshave exceeded expectations this season.
 
Stay tuned for more upcoming closings!
 
Contact us for more information about how we can assist you to sell or buy your next Fisher Island property.
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Wednesday, March 26, 2014
Despite a run up in a high end home prices in 2012 and 2013, the year ahead seems likely to hold further upside.  What's driving luxury home prices higher:
 
1- Overseas buyers view US real estate as a safe haven.
2- A limited supply of trophy properties for sale intensifies demand and pushes up prices.
3- High income households are more confident about US recovery.
4- Higher equity prices have disproportionately benefited high income households.
5- Fisher Island is a value purchase compared to properties in Miami Beach. 
6- The US housing market gained momentum 2012 and 2013 on the back of a healthier economy.
 
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Friday, February 28, 2014

This years Fisher Island Day School Gala will be hosted by Graff Diamonds & BH Group USA as they present the Diamond Anniversary Celebrating Fisher Island Day School's Decade of Excellence. The celebration will take place at the Vanderbilt Mansion Saturday March 1, 4014
 

The school will also  honor inaugural families, faculty, and founders who have been with FIDS from the beginning and remain as part of the FIDS family today.

 

Diamond Anniversary Honorees

Founders

Robert & Lexie Potamkin

 Inaugural Families

The Carvallo Family

The Kerr Family

The Kucherenko Family

The Zapata Family

Inaugural Faculty & Staff

Lynn deAraujo

John Durango

Suna Lee

Genaro Miranda

Teresa Sanchez

 

 

The list for the silent auction and live auction items include  luxury items valued between $500 and up. This year's gala auction includes and early production slot for the new 2015 Lamborghini Huracan LP610-4.
 
The evening promises glitz and glamour while supporting the Fisher Island Day School.
 
(The Annual Gala and Charity Auction is FIDS’s primary fundraiser to supplement the School’s operating budget and scholarship programs.)
For more information call Kimbery at 786.302.5727

 

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Sunday, February 16, 2014

Did you know that a total of 187 pre-construction projects are slated to be completed in the next couple of years in South Florida?

5 towers were already completed in 2013:
Apogee Beach in Hollywood
Bellini Williams Island in Aventura
MyBrickell in Brickell
23 Biscayne Bay in the new up and coming Edgewater (Miami)
4001 North Ocean in Palm Beach

In addition, 52 projects are currently under construction and 89 are in presale.

But this time around developers are requiring 50% cash deposits, unlike our previous boom (2002-2006) where developers only required 10% to 20% deposits.

And soon Fisher Island may be added to this mix, making it a total of 189 future developments.  As per The South Florida Business Journal "US Bankruptcy Judge A Jay Cristol approved a plan by a company in Chapter 11 to pursue a residential project on wealthy Fisher Island."  This would allow the developer at Fisher Island to complete the previously planned developments of Palazzo del Sol and Palazzo del Luna. A full construction crew should be working at the Palazz construction site by April 15

For more information please contact me

 VIVI PINEDA
Ocean Insiders
Phone: (786) 424-7623
Email: vivi@oceaninsiders.com

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Friday, February 14, 2014

Congratulations to our teammate Kimberly Cacioppo on her recent Million dollar commercial closing!

She finalized the deal for the commercial space in Coconut Grove after months of hard negotiations.

We are all very proud of Kimberly's success. 2014 will most definitely be a record setting year

For fisher island, miami beach, brickell and even commercial needs contact Kimberly Cacioppo at 786.302.5727 or Kimberly@OceanInsiders.com

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Friday, February 07, 2014

2014 is off to an excellent start. With all the club restoration projects completed, it's great seeing our repeat guests come back and enjoying all that Fisher Island has to offer.

 

TJ Camino

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