Miami Beach, FL (PRWEB) October 10, 2012
Howard Chase Real Estate LLC a luxury real estate brokerage in South Beach reports another Continuum South Beach townhouse sale, its third since last year. TH-2, a 2,544 sq ft oceanfront unit replete with a private rooftop deck sold for a whopping $2.9 million and was under contract after just 1 day on the market. This sale comes on the heels of the sales of TH-13 and TH-15 for $1.5 and $1.425 respectively. Howard Chase Real Estate re-listed TH-15 for $2.75M earlier this month.
Broker Howard Chase remarks, “The market in the highly revered South of 5th Street neighborhood in South Beach is ripe for sellers. I can say with confidence, our market is back and as strong as ever.” Chase goes on to say, “My clients are flipping again, the market is on fire.” These sales accompany another monster Continuum sale closed by Howard Chase Real Estate, the combined units 1106 and 1107 that sold for $5.2M at the end of 2011. A New York buyer, who saw the opportunity recommended by Howard Chase Real Estate, capitalized on the South Beach luxury market recovery and purchased the combined units. Chase sees the entirety of the market growing as well, not just South of 5th.
HCRE also represented the buyer on the sale of 5763 North Bay Road, a highly coveted neighborhood in which you can find the homes of Alex Rodriguez, Jennifer Lopez and recent addition Chris Bosh of the 2012 NBA champions, the Miami Heat. The sale was recorded for $2.55M, more than 20% higher than the last sale of the same property at the end of 2009. The luxury real estate market continues to lead the South Florida recovery, and it does not appear to be slowing down as we head into the busy winter real estate season in Miami.
About Howard Chase Real Estate
Combining knowledge with dedication, Howard Chase Real Estate provides the finest in Miami and Miami Beach real estate services. Sales, rentals and property management, both residential and commercial, highlight the brokerage in the areas of Miami, Downtown Miami, Miami Beach, South Beach, South of Fifth Street, Palm Island, Hibiscus Island, Star Island, Lincoln Road area, Mid-beach, Millionaires Row, Surfside, Bal Harbour, Sunny Isles, North Bay Village, Bay Harbor Islands, Aventura, Sunset Islands, La Gorce, Allison Island, Pinetree Drive, The Venetian Causeway, The Venetian Islands, Fisher Island, Key Biscayne, The Central Business District, The Upper Eastside, The Biscayne Corridor, Brickell, Mary Brickell Village, South Miami, Coconut Grove and Coral Gables.
For more information please contact HCRE at 305-532-7470 or visit us at http://www.howardchaserealestate.com.