Thread: is miami real estate really as depressed as they say?

Originally Posted by nyspeedfreak

well, that gives everyone the right picture.
those maint fees are crazy

Crazy, but not uncommon for newer construction waterfront buildings. I've sold some with $1500-$3000/month in fees, the amenities are overwhelming in some of them. The problem is that with so many short sales & foreclosures, these buildings are raising the maintenance fees with no warning or slapping everyone with an assessment.

Originally Posted by SouthFloridaRealtor

Crazy, but not uncommon for newer construction waterfront buildings. I've sold some with $1500-$3000/month in fees, the amenities are overwhelming in some of them. The problem is that with so many short sales & foreclosures, these buildings are raising the maintenance fees with no warning or slapping everyone with an assessment.

100% agree..just saying as a Vaca condo those are some high fees to be incurring without even using the place all the time

ps- you have pm

Originally Posted by LAbull

Cocaine will come back bigger then the 80's and revive Miami any day now......

Yes! I wanta help market it..

Maybe when the next version of Cocaine Cowboys comes out in 2010 it will help Miami recover.

Cocaine is so 80s. Pills will be Miami's second coming.

Originally Posted by Waldoonay

Cocaine is so 80s. Pills will be Miami's second coming.

That would make no sense. Perhaps you are not aware of the history of the great empire which was Miami-blanca

Also why I said...

Cocaine will come back bigger then the 80's and revive Miami any day now......

I will be moving to Miami inthe next few months, hopefully deals and jobs will be there when I arrive.

Originally Posted by DarekP

I was looking for property out there as well, I just need something decent in a nicer area, where I won't get killed and my cars won't get stolen weekly.

btw. Hi everyone on L4P, I'm a n00b here...

Thats pretty much why I moved up to central florida for my vacation home. Got tired for the S.fla hustle.

Speaking of S Florida, how much do you guys know of the Cape Coral area. Now I know that the area has been hit by unemployment and what not, but seems like a lot of really great deals! I hear the SE and SW parts of Cape Coral are the desireable arears?? Also, what do u guys think of just buying up some lots in that area??