preconstruction Monad Terrace in miami
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Investment

Investing in Preconstruction projects in Miami ? A good investment opportunity?

August 15, 2017
preconstruction Monad Terrace in miami

Investing in New Developments and Pre-construction projects in Miami.

This is a great opportunity to save up to 30% of what the finished product will cost. Essentially, since construction of the building is being funded with purchaser deposits instead of a bank loan, the savings in financing costs are being passed down to the buyer.

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Real Estate Market Study in 2017

July 2, 2017
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“People think of Little Havana because of a price perception: They’re thinking that land is cheaper there right now and that it will eventually get up to Brickell’s levels,” Rosso said. “But Brickell has a lot more to offer than Little Havana and will continue to be a very desirable place. Anything that is on the sand or the ocean will always maintain its value and continue to go up.”

Rosso points out that when new luxury towers south of Fifth Street on South Beach went on the market 10 years ago, they sold at square-foot prices ranging from $500 (Icon) to $800 (Apogee).

“Today, those units are trading for $3,000 per square foot,” Rosso said. “Even I’ve been surprised at how much they’ve gone up in value over the long run.”

Read more here:Miami Herald 2017 Poll

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10 Year Apartment Building Investment Loan

August 2, 2016

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