South Beach Real Estate Newsletter

This weeks newsletter. Includes new condo listings, new live/work loft listings, price reductions, sold prices, useful links and info. Michael Novia South Beach Real Estate 415-637-2409 (24 hours)

A Sign of the Times

As this Buyer’s market moves in to mid 2008 and beyond we continue to see strong incentives from developers. They have included everything from your basic price reduction to the extravagant such as a free mini cooper. Now one development – Blu – has taken it one step further and is accepting “contingent” offers. A [...]

New Development: 72 Townsend on Hold

Residents at 88 Townsend have cause to celebrate, at least for a while. Plans to build 74 units at 72 Townsend have been put on hold for at least 3 to 5 years. The vacant space will be leased in the meantime. Thanks to Josh for the info. Michael Novia South Beach Real Estate 415-637-2409 (24 hours)

Price Reduction at Park Terrace

#102 has been reduced from $1,169,000 to $1,099,000. This is a 2 bed/2.5 bath and spans1,660 square feet with a large space for an office. This unit also has wood floors, upgraded carpet, limestone baths, dual master suites, a well appointed kitchen and 1 car parking. Park Terrace which is being sold by Pacific Marketing Associates is down to [...]

A Commonly Missed Tax Break

Daily Real Estate News  |  June 24, 2008 Condominium or cooperative residents often miss the fact that upgrades to the common areas of communities can affect the amount of tax an owner pays when the home is sold. If the property is a principal residence and the owner has lived in it for two of the previous [...]

South Beach Real Estate Newsletter

This weeks newsletter. Includes new condo listings, new live/work loft listings, price reductions, sold prices, useful links and info. Michael Novia South Beach Real Estate 415-637-2409 (24 hours)

Sunday Open Houses at 88 Townsend

Join me Sunday from 12-4. Unit 424 – Top floor Junior 1 bedroom, $529,000. (This open house is canceled 6/22) Unit 119 – 1 bed/1 bath, first floor, facing courtyard, with sliding glass doors and a large patio, $675,000. Unit 208 – Not in MLS yet. This is a beautiful 2 bed/2 bath corner unit, very large [...]

Recent Sales Prices at The Brannan

List Price vs. Sold Price. All units include parking. 219 Brannan 1G – 1 bed/1.5 bath - $750,000 vs. $719,500                                                     4D – 2 bed/2 bath – $1,018,000 vs. $965,000 6G – 2 bed/2 bath – $1,450,000 vs. $1,400,000 18K – 2 bed/2 bath – $1,850,000 vs. $1,600,000 2G – 3 bed/3 bath - $1,875,000 vs. $1,750,000 229 [...]

Now Available: Local Market Reports

Would you like a market report for your zip code? Just send me an email at mnovia@southbeachrealestate.com and I’ll add you to the list. New to town? Here’s a zip code map. There is a more detailed one under the helpful links category located in the right-hand sidebar. Here’s this weeks full report for 94107: market-report-94107_2008-06-13 5 Reasons to [...]

88 Townsend #208 Coming Back on the Market

  This 2 bed/2 bath/1,206 sq ft (per tax records) with a large wrap around deck is coming back on the market this week. The tenants have now left and the unit has been painted and wood floors installed. This is one of the more unique homes you will find in South Beach. Great views and floor [...]