Interesting Real Estate article in the New York Times. Is it better to rent or buy? It really depends on what your long range goals are. Personally I always believe it is better to own property. I know of one attorney who told me he bought a house on the La Gorce Golf Club for the mid 300's in 2000 and now he's being told by Realtors that it will sell for a minimum of $1.3 million. That's pretty impressive appreciation. Here's the article.

http://www.nytimes.com/2005/09/25/realestate/25cov.html?

IT'S SO GREAT TO BE IN MIAMI

I really love the Miami Real Estate market and today I came across one more reason to. It seems that the way that preconstruction projects are marketed and sold here is catching on with the rest of the country, typically Las Vegas and even establishment New York City. As a recent NY Times article points out a Miami Model called "flip before closing" wherein a initial purchaser is allowed to resell his unit prior to closing with the Developer controlling the deal.
I can tell you from personal experience I have been on the receiving end, I brought in buyers who bought from the original investor and they are very happy with their purchase. Check out the article.
PRECONSTRUCTION MIAMI SALES MODEL
http://www.nytimes.com/2005/09/25/realestate/25miami.html?

While you're at it also check out this article.
MIDDLE CLASS HOUSING
http://www.nytimes.com/2005/09/29/national/29afford.html?

OPEN HOUSE TUESDAY SEPTEMBER 27, 2005
BISCAYNE POINT HOUSE

Biscayne Point, a gated community you reach by going West on 77th Street is full of charming waterfront living. This lush garden home sits on a canal and has a solar heated pool. Did you notice that kitty didn't even get perturbed when I snapped its picture? Listed at $1,190,000

















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OPEN HOUSE TUESDAY SEPTEMBER 27, 2005

Another Bay Harbor House This two story sits on the wide bay. It has a gourmet kitchen, two car garage, open living areas and separate children's wing. The water views are splendid. Listed at $3,750,000




















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OPEN HOUSE - TUESDAY SEPTEMBER 27, 2005

It was a great Open House today but unfortunately I didn't get a chance to see any condos. The first single family home I viewed was on Bay Harbor Island. It's huge at 3,000 sq. ft. with four bedrooms and three baths. It's lushly landscaped with a nice pool. Listed at $1,500,000





















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The RAMB Open House for Miami Beach is on for tomorrow Tuesday, September 27. There are some interesting listings; a few condos, one on Ocean Drive and another one further up Collins in North Beach. I'm a bit partial to the Single Family homes and there are several going up to Bay Harbor Island that I'll be checking out and posting pictures.

Regards,

Phyllis

Things are back to normal for us here on Miami Beach. Hurricane Rita just dumped some rain and a couple of trees lost limbs as they usually do but other than that things were fine. It just brought all work to a halt however since the memory of Katrina was fresh in our collective memories. It's getting so that as one of the attorneys next door was complaining as she raced out to pick up her kids before the impending storm that it's getting hard to get any work done anymore.

I still have a lot on my plate though. I'm in the process of getting a book for publication together and all the properties I just sold people are being put up for rent. I'm running around taking pictures and will post them on my new website which you can check out at:

http://PhyllisHugunien.miamire.com

You can use it to search for properties on your own. If you have any questions please feel free to get in touch.

Regards,

Phyllis

DPZ Island Home

A partnering of Elizabeth Plater-Zyberk and Andres Duany two of the pioneers of the New Urbanism movement exemplified in the planned community of Seaside, FL.

5,028 Sq. Ft.
Three bedrooms., Four and a half baths plus Den

$1,700,000


















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HOUSE FOR RENT*

WATER ENTHUIAST'S DREAM

ADJACENT TO MIAMI SHORES

Fish and canoe right from your backyard. Brand new spacious three bedroom/2 bath with garage next to vibrant Miami Shores community.

$2,000 Per Month, One Year Lease
$250 Non-Refundable Pet Deposit
$50 Credit Check
One Month's Rent and Two Month's Security

















*I helped my customer's purchase this beauty and now they are ready to lease it

GORLIN

Highlights are a provacative lobby and glass-walled second floor entertainment club room. This open site building affords sweeping panoramic views to the East, South and West.



















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SPEAR

Modernist architectural style with cutting edge geometric facade fronted by waterfront promendade.



















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HARIRI & HARIRI AQUA HOUSE
5 Bedrooms/5 Baths/2 Powder Rooms/Tower Studio
5,089 Sq. Ft.

Inspired by the fluidity of vessels along the Miami Beach waterways. House sculpted as if from solid block with arched gleaming metallic roof.

Priced at $5,000,000



















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CHATHAM

Northernmost building with soaring ceilings and vast terraces. Includes Richard Tuttle's public art installation SPLASH - a tile mosaic that extends into surrounding pool area.



















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TUESDAY OPEN HOUSE 9-13-05

AQUA Private Modernist Island Paradise

46 Island Homes and 3 Mid-Rise Condominium projects by such star Architects as Alison Spear, sisters Hariri and Hariri, Duany Plater-Zyberk (DPZ), Alexander Gorlin and Walter Chatham.
















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South Florida Real Estate

In my dual roles as a Realtor and Writer I will be bringing you the lowdown on the sizzling Real Estate market here in Miami.

Every week you'll be able to view along with me a sampling of homes and condominiums on the market as part of "Open House." We'll check out the Sales Centers of hot new developments. For you investors out there I'll give my picks for good values you can still get below market. The parties, gossip and lifestyle - you'll get an INSIDER'S view.

Pictured: Stylish, Modern, Cutting Edge home currently for sale on La Gorce Island.

Price tag: $8,950,000