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South Florida Luxury Real Estate in 2023

South Florida Scoop For Luxury Real Estate

As the luxury real estate market continues to heat up, more and more people are looking to invest in high-end properties. And with good reason – luxury real estate can be a great investment, providing both financial security and a certain lifestyle.

In recent news Cybersecurity CEO, Elmer purchased a Palm Beach Gardens luxury home in the Old Palm Golf Club’s luxury community for over $9 million dollars. And more recently, the Bradys have put their home on the market for $12+ million. The market is on fire and now is the time to buy or sell a luxury home.

But what does luxury real estate look like in 2023?

The luxury real estate market in South Florida is only going to get bigger and better, there is an increasing demand for luxury properties, especially from international buyers. The most sought-after luxury properties will be those with water views, whether it’s the ocean, bay, or river. People want to be able to enjoy the beautiful weather and scenery that South Florida has to offer and they can’t wait to take advantage of that.

Luxury Condos and Villas

Luxury real estate will become more accessible, with a wider range of prices and more financing options available. This will make it easier for people to invest in luxury properties. In a recent win for Luxury condos in Miami, the Gove Isle project, Vita At Grove Isle, a six-story luxury condo project on the waterfront appears to be moving forward. Great news for those looking in the highly sought-after Grove.

Thinking about purchasing or selling a luxury home in South Florida?

So if you’re thinking about investing in luxury real estate, South Florida is the place to do it. With an experienced attorney like Leah Mayersohn by your side, you can find the perfect property to suit your needs – and your budget. Contact Leah Mayersohn for assistance with your luxury real estate.

Retiring In Luxury: South Florida

It’s no surprise that Florida is one of the top Retirement destinations as illustrated in the August issue of Entrepreneur, in fact, according to Bankrate, it’s at the very top of the list sitting comfortably at number one. The more important question if you have landed here, is “where?”. Where can you retire in luxury in South Florida?

Luxury Retirement Homes

If you’re looking for a luxurious retirement home in South Florida, there are plenty of options to choose from. Whether you’re looking for waterfront property, a golf community, or just a spacious and comfortable home, you can find it in South Florida.

Here are just a few of the many luxury retirement homes available in South Florida:

1. Villa D’Este – This luxurious retirement community is located in Fort Lauderdale, just minutes from the beach. The community offers residents a variety of amenities, including an on-site restaurant, fitness center, and swimming pool.

2. The Palace at Weston – This gorgeous retirement community is located in Weston, FL, just outside of Fort Lauderdale. The community offers residents a resort-style pool, tennis courts, and a variety of other luxury amenities.

3. The Oaks at Boca Raton – This luxurious retirement community is located in Boca Raton, just minutes from the beach. The community offers residents a variety of amenities, including an on-site restaurant, fitness center, and swimming pool.

4. Valencia Lakes – This luxurious retirement community is located in Tampa, just minutes from the beach. The community offers residents a variety of amenities, including an on-site restaurant, fitness center, and swimming pool.

5. Coral Gables Resort – This luxurious retirement community is located in Coral Gables, just minutes from Miami Beach. The community offers residents a variety of amenities, including an on-site restaurant, fitness center, and swimming pool.

Every Amenity and Need Tended To

Whether you’re looking for waterfront property, a golf community, or just a spacious and comfortable home, you can find it in South Florida. With so many luxurious retirement communities to choose from, you’re sure to find the perfect fit for your needs.

For sound legal counsel and support on your Luxury Retirement Home Purchase, contact Leah Mayersohn for experienced representation and guidance.

Luxury Real Estate Summer Trends For South Florida

The summer months are typically a busy time for the real estate market in South Florida. This year is no different, as luxury home sales remain strong throughout the region.

Factors For A Strong Market

There are a number of factors driving this trend. First, many buyers are taking advantage of median interest rates to purchase a luxury property before we experience another rate hike. Additionally, the US economy and stock market, while experiencing some side-effects of inflation, are still giving buyers the confidence to make these types of purchases, especially in the event of a downturn in the future.

Influx Of Foreign Buyers In South Florida

Another factor contributing to the strength of the luxury real estate market in South Florida is the continued influx of foreign buyers. Many of these buyers are coming from Latin America and Europe, where economic conditions are not as favorable. They see South Florida as a safe haven for their investment dollars.

Popular South Florida Neighborhood Foreigners Are Investing In

Some of the most popular neighborhoods for luxury home sales in South Florida include Coconut Grove, Coral Gables, Brickell, and Downtown Miami. These areas offer a mix of lifestyle amenities and proximity to the water that is appealing to foreign buyers.

What’s Ahead For The Luxury Real Estate Market In South Florida?

As the summer season comes to a close, we expect the luxury real estate market in South Florida to remain strong. If you are thinking about purchasing a luxury property in the region, now is a great time to do so.

The strong demand for luxury homes in South Florida is expected to continue into the fall months. Inventory levels remain tight, which is driving up prices. Buyers who are interested in purchasing a luxury property should work with a real estate professional and qualified luxury real estate attorney who has experience in the market and can help them navigate the process.

Get Expert Luxury Real Estate Legal Guidance From Luxury Real Estate Attorney Leah Mayersohn

If you have any questions about buying in the South Florida real estate market, speak to a top Luxury Real Estate Attorney, Leah Mayersohn and get sound legal advice.

Investing In South Florida Luxury Real Estate

For those looking to invest in luxury real estate, South Florida is an excellent choice. The region offers a wide variety of properties that cater to different needs and preferences, making it a great place to invest in a second home or even a primary residence.

Popular Destination For Luxury Living

There are many reasons why South Florida is such a popular destination for luxury real estate investors. For one, the region has a strong economy and is home to many affluent individuals and families. This provides stability and support for high-end property values. Additionally, South Florida has a tropical climate, which appeals to many buyers from colder climates who are looking for a change of pace.

Exclusive Neighborhoods

Lastly, South Florida is home to some of the world’s most exclusive neighborhoods and communities. From the private islands of Palm Beach to the chic downtowns of Miami and Fort Lauderdale, there is no shortage of luxury real estate options in South Florida.

Popular South Florida Luxury Neighborhoods

Some of the most popular luxury neighborhoods in South Florida include:

Whether you’re looking for a beachfront property, a golf course home, or a luxurious condo, South Florida has something to offer every luxury real estate investor. With so much to choose from, it’s no wonder that South Florida is one of the most popular places to buy luxury real estate in the world.

Speak To A Top South Florida Luxury Real Estate Attorney

If you’re in the market to buy South Florida Luxury Real Estate, you need an experienced Luxury Real Estate Attorney, Call Leah Mayersohn for top legal advice before you buy.

A Means Of Investmtent

In general, luxury real estate can be seen as a means of investment. Many consider that the prices of luxury properties will continue to rise over time and eventually sell for a higher price than what they invested for it. Considering this, many then purchase luxurious homes in order to make a profit from them in the future.

Luxury homes are different from standard builds in many ways, but most importantly are the differences in the price. The average home build will cost between $140,000 and $480,000, while luxury homes usually start at around one million dollars or more. Luxury is not necessarily determined by how much it costs to build a house but rather what the buyer is hoping to find in it, i.e, amenities, etc.,

Vast Competition For Luxury Home Buyers

Luxury homes in South Florida are sought after by some of the wealthiest people in the country and there is high competition for these properties, driving prices up quickly. It was recently reported in The Real Deal Luxury Homes have ballooned in South Florida and yet another cluster of Luxury Homes is set to be built on a Golf Course In Boca Raton. The demand for luxury housing in South Florida remains high and buyers need to be on their feet when making an offer or risk losing the property.

Most Exclusive Luxury Homes In The World

There are many different reasons that people choose to invest in luxury real estate, whether they are interested in using it as a vacation home or simply as an investment. South Florida has some of the most exclusive luxury homes in the world, making it a great area to invest in. Luxury law firms are also located throughout South Florida, including Leah Mayersohn , which offers representation for all legal issues regarding luxury real estate investments.

South Florida Luxury Real Estate Attorney

Leah Mayersohn is a law firm out of Fort Lauderdale, FL that specializes in luxury real estate and specifically represents luxury home and condo investors and owners in South Florida. The firm also offers assistance with real estate litigation and commercial leases.

What Are the Best Natural Materials to Use In a Luxury Home Design?

Today’s luxury homes boast natural, organic, and recycled materials instead of commercially designed, cookie-cutter features. Here are some of the best natural materials to use in a luxury home design and how you can get help buying or selling a luxury home in South Florida. 

Bamboo  

Bamboo is known as the fastest growing plant in the world and is an environmentally friendly, long-lasting material choice for luxury home designs. Bamboo can be used for everything from roofing and fences to floors and carpets. The material is about as hard as oak and is equivalent to hardwood in terms of durability and stability. It’s incredibly lightweight and extremely resistant to the weather when properly cared for.

Stone 

Stone is a long-lasting material that suits a variety of home uses, including kitchens, bathrooms, and flooring since it can withstand heavy traffic, spills, pets, and regular cleaning. Unlike bamboo or wood, stone is inherently stain and moisture resistant. 

While stone is sometimes more expensive than other materials, it often wins out with its superior longevity. Arguably, the most popular stone type is granite since it can be used on multiple surfaces like countertops or floors. It occurs in a number of natural hues, with black, reddish-brown, white, and cream or beige being the most popular.  

Recycled Glass 

Glass may be recycled indefinitely without compromising its quality or purity. During the recycling process, glass is inspected to eliminate impurities such as metal lids or wine corks.  The glass is then crushed and transferred to a production facility to be made into other products. 

Recycled glass countertops can be a more cost-effective, longer-lasting, and ecologically friendly alternative to granite or marble counters. Recycled glass is an excellent option for interior design; even though it’s affordable and environmentally sound, it doesn’t detract from a home’s visual appeal. 

Native Metals

Native metals such as copper, iron, and tin are also an excellent building and decor material for luxury homes. Tin wainscoting can add a stylish, functional touch to wash rooms and utility areas, while copper fixtures in the kitchen are both attractive and durable.

Contact a Florida Luxury Real Estate Attorney Today 

Are you interested in buying or selling a luxury home? It’s in your best interests to work with an experienced Florida luxury real estate attorney. Contact Mayersohn Law Group today to schedule your initial consultation by calling (954) 779-7009.

Luxury Home Amenities

Now that COVID-19 restrictions have relaxed and business is beginning to go on as usual, people are taking their plans off hold and moving forward with projects they’ve been waiting on for the past year. For many people, this is finally purchasing their luxury dream home. 

Here are the top 5 amenities for luxury home buyers in 2021 and how buyers can get sound advice for such a significantly large purchase.  

1. Open, Functional Spaces 

Gone are the days of separated kitchens, living rooms, and dining rooms. Today’s buyers want more open, functional spaces that allow you to easily flow from one area of the home to the next. Most luxury homes include open living and kitchen areas that are conducive to entertainment. 

2. Smarthome Capabilities 

As voice command devices are becoming more popular than ever, luxury home buyers are looking for spaces that have already integrated smart home capabilities. If not, the house would ideally be easy to outfit with smart outlets, thermostats, light switches, and more. Smart appliances that are integrated along with these systems are even more desirable. 

3. Fully Equipped Outdoor Kitchens 

Spaces for entertaining guests are essential in a luxury home and with Florida’s balmy weather, backyard gazebos, fire pits, and seating areas can be found in most luxury houses. One coveted amenity is a fully equipped outdoor kitchen, complete with a small to the mid-sized refrigerator, stove, oven, grill, and storage space for pots and pans. 

This allows luxury homeowners to prepare full meals outdoors for their guests without ever having to “leave the party,” so to speak. 

4. Luxe Entertainment Rooms 

Forget sitting on the sofa in your living room to watch the newest movie you streamed. Luxury homes often have dens or open spaces that have been converted into tricked-out entertainment rooms, such as a theater or a game room. 

5. Spa Bathrooms 

Why go to the spa when you can enjoy the luxuries of whirlpool tubs, saunas, and full-body jet showers in your own bathroom? Luxury homebuyers this year aren’t looking for bathrooms; they’re looking for relaxation stations. 

Interested In Purchasing a Luxury Home? Contact a South Florida Luxury Real Estate Attorney Now 

Buying a luxury home in South Florida is a significant purchase; it’s critical that you have someone experienced on your side who can help you navigate the ins and outs of the process. Call Schecter Law today for a consultation at (954) 779-7009. 

If you plan on selling your luxury home — now or someday in the future — you may want to consider remodeling or upgrading parts of your house to add value and functionality. Not only will this benefit you while you’re still living in the home, it will drive up the overall sales price and make your home more attractive when you place it on the market. 

Here are some top remodel ideas that increase the value of your luxury home. 

Upgrade Your Kitchen to Chef’s Level  

A professional-esque chef’s kitchen is a highly desirable commodity for luxury home buyers in 2021. As COVID-19 winds down and home entertainment is becoming more relaxed again, homeowners are looking for spaces that allow them to prepare food and entertain guests like they haven’t been able to in well over a year. 

Move Towards Renewable Energy 

As climate change continues to ramp up, it’s critical to reduce carbon emissions as much as possible. Luxury home buyers are looking for houses that have already-integrated renewable energy equipment, such as solar panels or ductless heating and cooling. 

Renovate your home with energy-efficient appliances and renewable energy sources for unparalleled value. 

Add Custom Storage Solutions 

Most luxury homes have walk-in closets, at least in master bedrooms if not each bedroom and potentially even some bathrooms. These wide-open spaces can be made more functional with custom cabinetry and storage solutions. Custom shoe racks, clothes racks, and more can maximize storage space and add significant value to your home. 

Redo Your Landscaping 

Curb appeal matters when it comes to luxury living, and remodeling your front and back yard landscaping can go a long way to adding perceived value to your home. Hire a professional landscaper to plot out a garden that matches your lifestyle; either easy-to-care for with almost no effort or vibrant and delicate. 

Make Serious Upgrades to Your Bathroom 

In any home, the bathroom is one of the most important rooms in the entire house, second only to the kitchen. Consider upgrading your shower to an extra-large system with a rain showerhead and multiple jets, or swap your tub for a full Jacuzzi. 

Selling a Luxury Home in South Florida? Get the Help of an Experienced Attorney Today 

If you’re selling a luxury home in South Florida, you need someone with experience who can help you get the most out of your sale. Contact seasoned luxury real estate law firm Mayersohn Law Group today for more information at (954) 779-7009.

The Benefit To The Affluent Community

South Florida is an oyster to be devoured and those that understand the value are taking full advantage now for the full benefit of the South Florida lifestyle both now and in the future are moving quickly.

Luxury Real Estate is at its finest in South Florida and if you are part of the affluent community, now is the time to add properties to your portfolio. There is no better time to invest in Luxury Real Estate. Yes, the competition can be fierce but these properties may not be on the market in another year. Whether you’re relocating or want to relocate in the future, the time has come to immerse yourself.

Attractive South Florida Luxury Real Estate Market

It’s all about location. Location, location, location, and South Florida is where the X marks the spot. The bulls are out and if you’re willing and able, you must ready yourself. An experienced South Florida Luxury Real Estate Attorney is your most valuable asset in the bullpen. They will go toe-to-toe with other attorneys, title and land companies, and real estate agents.

Buy Or Build Luxury Properties In South Florida

Whether you’re looking to buy an estate or land to build your luxury property, you will fare far better placing offers with an experienced luxury real estate attorney on your side. They understand the communities, the agents, and the climate. Most importantly, they will anticipate your needs and counsel you throughout the purchase or building process.

According to Douglas Elliman, one of the most popular Luxury Real Estate Brokers, in Palm Beach alone, prices went up and so did shortages. Luxury condos are also moving fast as noted in recent news with soccer star Lionel Messi scooping up yet another luxury condo. The listing inventory may be taking a spill and this requires purposeful planning and purposeful action.

Contact Leah Mayersohn and get ahead of your buying strategy, call today to learn how he can help you.

 

 

 

Supply And Demand In South Florida Luxury Real Estate

Those looking to scoop up Luxury Homes in South Florida are still facing an uphill climb. Putting an offer in doesn’t guarantee that you’ll be able to complete the luxury homes purchase and that is because Luxury Homes are in their highest demand yet. By the time a buyer puts their offer letter together, another buyer has gone into contract with a cash offer. As reported in The Real Deal recently, one popular Luxury Homebuilder unloaded three high-asset homes in a matter of a week’s time.

The competition is fierce and bubbling over so, it is best to move fast when you believe you have found the right home. An experienced South Florida Luxury Real Estate Attorney can help you by acting as your representative and liaison on the ground in Florida.  You may not be able to travel back and forth as frequently as you like, especially if you are still wrapping things back up North. You don’t have time to lose or time to waste, if you know what you’re looking for, you can take advantage of the assistance of an attorney to put an action plan together so that you are able to get your foot in the door.

Transitioning To South Florida

Making a move or relation to South Florida during what some consider an overactive market can be difficult especially if you are not very well represented by a seasoned Luxury Real Estate Attorney. That being said, your competition is not just with other buyers, it is with other entities as well.  Highly sought-after properties are moving at such a fast pace that it is in the best interest of buyers to have a knowledgeable team of representatives working with them on this endeavor. The journey of buying your luxury home is significantly easier when you’re located within the state which is why it is highly recommended that you set up representation as soon as possible. Leah Mayersohn has a reputation for excellence and is available to assist you now. Don’t put it off another week.

Waterfront Luxury Home Shortage

While all luxury homes are giving buyers and sellers a run for their money, those luxury homes located on waterfronts are even harder to buy. Transplants aren’t only interested in lush green golf communities, they ultimately want to be near the water and for this reason, if you’re searching for or in the market for a Luxury Waterfront home in South Florida, you don’t have the luxury of time.

For immediate help with your luxury home purchase or sale, contact our office today to learn more about how we can help you.