Linda G Properties Closes on another ONE BAL HARBOUR Luxury Oceanfront Condominium

Linda “G” of ONE Sotheby’s International Realty Miami Beach announces a successful closing at the One Bal Harbour Condominium located in Bal Harbour. Another “Ray of Hope” in today’s challenging real estate market!
By: Linda G Properties
 
May 15, 2011 - PRLog -- Linda “G”, with ONE Sotheby’s International Realty in Miami Beach recently closed on another luxury oceanfront condominium in the most sought after luxury condominium property in the Greater Miami Beach Village of Bal Harbour – The One Bal Harbour.

This second closing occurred within weeks of Linda’s last closing at this luxury oceanfront property. Linda G is currently exclusively listing 5 additional luxury condominium homes at One Bal Harbour, each with it’s own unique floor plan and luxury styling. All offer stunning ocean and water views and all feature the opulent first class services and amenities of the ONE Bal Harbour Resort & Spa.

This spectacular 3 Bedroom 3.5 Bath corner residence featured sweeping panoramic views of the ocean, inlet and the Intracoastal waterway from the 700 sq. ft. wraparound terrace. This luxury condominium home was uniquely finished with a contemporary flair, offering a relaxed feeling of tranquility. The inlet and ocean views were absolutely beautiful from the floor to ceiling glass. Warm Brazilian hardwood floors and custom wall treatment throughout. State-of-the-art kitchen and appliances with Poggenpohl cabinetry. This One Bal Harbour condominium home is finished to perfection.

This luxury condominium closed at $2,385,000 with just over a 30 day closing. View more about this residence and the One Bal Harbour property at the exclusive website for this listing here – http://www.OneBalHarbour309.com

You may also learn more about One Bal Harbour at Linda’s South Florida luxury real estate website – http://www.LindaGproperties.com/one_bal_harbour.htm

Linda “G” stated “I represented the seller in this transaction and I am thrilled that I was able to negotiate a deal in which both parties were very happy on the day of closing”.

Linda then added, “As I do represent both sellers and buyers, I am very familiar with both sides of the negotiations.” She continued, “when I am representing the sellers of a property that is valued and listed at a price that is right in line with the quality of the property, the location and many other factors, as the selling agent I am able to explain and defend our pricing for my sellers. The closing price while making my sellers happy, should also make the buyers satisfied when you are able to show them that even though they didn’t get that “steal deal” that everyone may still be looking for, they paid a fair and realistic price in today’s market.

Commenting further, she added, “Certainly buyers are always looking for the best deal, and when I represent a buyer that is also my goal, but at the same time I let my buying clients know that property valuations and pricings are unique for each building and each location. If we are looking at a specific unit that is listed at a realistic price, or listed close to what I consider a realistic price, I let my buyers know that despite their possible desire to try and negotiate a much lower price for that “steal deal”, that we also run the risk of losing a chance to buy what might very well be their dream home and at an already realistic price from the beginning. I recognize that every seller and their selling position is unique, so I’m happy to test the waters of lower pricing possibilities, but a well priced high quality luxury oceanfront or waterfront home or condominium should be recognized for those very unique facts.”

Linda also remarked that in the last few years she is working with more buyers that have done a lot of their own research via the internet. “While knowledge is power, and I’m glad to see more people educating themselves prior to contacting me, I have the occasional buyer contact me and begin to share with me all about the graphs and charts that they previewed on a website or blog about median home or condominium prices for a particular city or zip code area here in South Florida, I try and make it clear that while those numbers are enlightening, those numbers can be misleading and mean less than they might realize when looking to negotiate prices at a specific luxury building located directly on the ocean or water, whether that property is in Palm Beach, Fort Lauderdale, Bal Harbour or Miami Beach.”

According to Linda, while we all know that real estate prices throughout the country have fallen due to many economic factors, there is still a limited amount of South Florida luxury oceanfront condominium properties and homes to be had, and that uniqueness along with the quality of the condominium properties or homes on the water in itself adds value to that market and those properties. The South Florida condominium boom of earlier this last decade created a frenzy of investors and a glut in the South Florida real estate market just as the U.S. economy entered into the recession. It was a “perfect storm” to some degree and it’s effects will be felt for many years to come. Despite these facts, while downtown Miami and other inland areas may struggle for a few more years to get buyers to buy up many of the available condominium homes, that same problem will not plague (to the same degree) the more exclusive and luxury waterfront and oceanfront areas of South Beach, Miami Beach, Bal Harbour, Sunny Isles Beach and other South Florida communities located directly on the ocean.

Linda continued, “We’ve already seen a reduction in inventory, a spike in sales and an increase in closing prices along the beach during the first quarter of 2011 which is continuing to carry over into this new quarter. The numbers for South Florida in general are showing a positive trend but the beach areas are definitely rebounding more quickly”.

Linda “G” has recently sold 4 of her EXCLUSIVE oceanfront listings in the Greater Miami Beach area. Those sales include oceanfront condominium homes at the Bellini Bal Harbour, Trump Palace in Sunny Isles Beach and 2 listings at One Bal Harbour –  Total sales in excess of $7.8 million.

As a South Florida real estate waterfront specialist and the Top Producer at WCI’s One Bal Harbour and Florida Prudential Realty before she joined ONE Sotheby’s International Realty in Miami Beach early last year, Linda “G” and her Linda G Properties team serves buyers and sellers of high-end, waterfront condominium residences and homes in the Miami Beach, South Beach, Bal Harbour, Sunny Isles Beach, Aventura and north to the Palm Beach areas.
View Linda G’s South Florida luxury real estate website at http://www.LindaGproperties.com

ONE Sotheby's International Realty is the fastest growing luxury real estate brokerage firm in South Florida.  The firm has opened offices in Fort Lauderdale, Coral Gables, Miami Beach and Key Biscayne and recruited more than 200 agents in just two years.  An affiliate of Sotheby's International Realty, the global network currently has more than 10,900 sales associates throughout 500 offices in 42 countries and territories worldwide.  ONE Sotheby's International Realty also benefits from an association with the venerable Sotheby's auction house, established in 1744.

# # #

Linda "G" of ONE Sotheby's International Realty in Miami Beach provides the finest in luxury real estate sales of luxury oceanfront and waterfront condominium residences, penthouse homes and luxury estates from South Beach to Palm Beach.
End



Like PRLog?
9K2K1K
Click to Share