Tag Archives: Luxury Real Estate

South Florida Real Estate

Paz Global – Certified Residential Specialists

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Richard Paz, president and broker of Paz Global, is a Certified Residential Specialist (CRS). The CRS designation is the highest credential awarded to real estate professionals and is given to less than 3% of Realtors nationwide. They must pass certain requirements such as closing over $25 million and over 75 transactions, as well as consistently maintaining high sales volume annually in order to receive this designation. CRS agents are proven and provide the service buyers of residential property deserve.

One of the benefits of a CRS Designee’s is being included in the premier CRS Directory. This is especially important for buyers that are relocating. If they ask their local trusted agent to recommend and refer another agent, then the agent will use the CRS Directory to find an agent with experience, knowledge, and someone they can trust to be sure the client will be in good hands.  As of January 2017, Paz is one of only 6 agents listed in the city of Aventura with the CRS designation, and consistently works with out of state buyers referred to him by the network of realtors.

South Florida Real Estate

Top 10 Real Estate Markets for Millennials

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The millennial generation will play a crucial role in the real estate market over the next 20 years. In this article we will evaluate the top 10 real estate markets cities for millennials!

The millennial generation includes people born from 1981 to 1997. They are considered to be the largest living generation in the nation and an essential key factor of the real estate market over the next 15-20 years.

The truth is that many young adults struggle when it comes to buying a home. More millennials are considering the option to rent as they are faced with tight budgets or decide to live with their parents.

However, this does not have to be your option as well. You may find an excellent opportunity in less expensive cities that can offer you employment, lower incomes necessary to buy a home, and solid housing conditions.

The National Association of Realtors or NAR has recently analyzed 100 largest metropolitan areas across the country and came up with a top 10 best real estate market areas for millennials. This list includes homes in your price range and can definitely meet the needs of different people.

Top 10 Best Markets for Millennials:

1. Austin, Texas – The median household income in Austin, Texas is $51.810 and the share of millennial movers is 29.4%.

2. Charleston, South Carolina – The median household income in Charleston, South Carolina is $47.903 and the share of millennial movers is 24.5%.

3. Denver – The median household income in Denver is $50.923 and the share of millennial movers is 27.7%.

4. Minneapolis, Minnesota – The median household income in Minneapolis, Minnesota is $55.066 and the share of millennial movers is 27.4%.

5. Ogden, Utah – The median household income in Ogden, Utah is $54.608 and the share of millennial movers is 24.6%.

6. Portland, Oregon – The median household income in Portland, Oregon is $44.792 and the share of millennial movers is 26.7%.

7. Raleigh, North Carolina – The median household income in Raleigh, North Carolina is $49.892 and the share of millennial movers is 25.7%.

8. Salt Lake City – The median household income in Salt Lake City is $51.930 and the share of millennial movers is 27.2%.

9. Seattle – The median household income in Seattle is $64.294 and the share of millennial movers is 29.0%.

10. Washington, D.C. – The median household income in Washington, D.C. is $69.874 and the share of millennial movers is 28.3%.

According to the research, the city that proved to be the least attractive to the millennial homebuyers is Marin County, California.

South Florida Real Estate

A Guide to Miami Real Estate Investments

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Many people are familiar with the potential investment opportunities in Miami real estate. However, problems may arises when these investors don’t know how or where to begin the process.

Knowing about real estate opportunities is not enough. It is essential to know a professional real estate company that will take care of you. If you are an investor newly discovering the Miami real estate market, it is suggested you have guidance. In the following write-up, we provide an effective guide for investors looking to take advantage of the Miami real estate opportunities.

Why Invest in Miami Real Estate?

Investment is not a decision to be taken lightly. A good investor knows to consider many factors before any decision is finalized.
A few years back, an investor would have been quite uncertain about investing in Miami real estate. The reason is that Miami had this image of sunny city. A place for people having fun, especially retirees and tanned guys in their sports cars.

However, since then, Miami has been effectively able to break that image as more and more businesses are establishing themselves in the city. Companies are moving to Miami due to the highly skilled and bilingual workforce. Another aspect is the quick flourishing of international banks in the Brickell area, which is also referred to as the Manhattan of the South.

Best Areas of Miami for Investment:

When investing in real estate, one has to consider the most lucrative areas of a place in order to have profitable returns. New investors always ask this question about the best areas of Miami to invest. The first thing is to consider your budget. The next thing is to decide whether you want to invest in a single family home or a condo.

Another thing to keep in mind is that each investment is different. It is not necessary to invest in high performing areas all the time. You may find a property of value in a low performing area and it will do better.

Investing in Miami Pre-construction:

Apart from established homes, many investors are interested in pre-construction condos as well. However, some investors need to protect themselves from trusting a sales representative who dosen’t provide an objective opinion.

For example, many people simply believe that investing in the Brickell area is the best decision. The reality maybe different. The Brickell area is gradually becoming concentrated with a heavy population and it may not be your best place to invest in real estate.

In conclusion:

The best way to invest despite the many opportunities is to search different areas. It is also suggested to take investment advice from experts before you make your final move. As mentioned earlier, each investment is different. It is better to avoid a common and generalized opinion and rather consider multiple factors.

Miami is certainly becoming an investment hub as more and more opportunities arise with real estate including pre-construction condos. However, if you are new, do your research and analysis.

PrecConstruction Properties
South Florida Real Estate

South Florida Pre-Construction Development

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Are you looking for Pre-Construction projects in the South Florida area? Paz Global is a leading provider of pre-construction projects in Miami-Dade, Broward and Palm Beach Counties. Our website contains one of the largest databases of new construction projects in all of South Florida. Find the right project to meet your lifestyle here.

Pre-Construction Development
Pre-Construction Development
Pre-Construction Development

Learn, which project is the best possible investment idea for you and speak with one of our in-house experts. If you are looking for a great investment property in the South Florida area. Reach out to Richard Paz today at (305) 466-2990 and find out how we can best help you find your idea pre-construction project.

Find the best possible new construction project for you by browsing our entire database at https://PazGlobal.com/Pre-Construction

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18168 Daybreak Dr Boca Raton FL 33496

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18168 Daybreak Dr Boca Raton 33496

 

JUST REDUCED: $1,790,000

18168 DAYBREAK DR
BOCA RATON, FL 33496

Description

A magnificent estate complete redone in 2016-2017 on most desirable lakefront 1.2 acres lot at Long Lake Estates. House has over 6,000 sq ft of living area with a total of 7 rooms & 6.5 baths. Two master suites and 5 additional rooms which can be used as bedrooms, in-law suite, office, theater/media room, man cave, play room, family room, and so much more! Spacious open Chef’s kitchen with quartz counters, mosaic back-splash, cooking island, and new stainless steel Bosch appliances with wine cooler. Living room has fireplace, custom bar, and skylights offering lots of natural light. Master bath has double height ceilings, private garden, floating tub and glass enclosed shower.
Large circular paved driveway & extra wide 3-cars air conditioned garage. Laundry room with custom cabinets & new Samsung full size side-by-side washer and dryer. Central vacuum system. Huge relaxing outdoor area with covered patio and summer kitchen, great for entertaining. Newly redone oversize pool, spa, full size tennis court with lights, and a dock on the lake. There’s also a separate guest house complete with own kitchenette and bathroom.
Several hundreds of thousands of dollars in improvements throughout home include: all new kitchen, all bedrooms, all bathrooms, all flooring (inside and out), pool & spa, guest house, landscaping, textures and colors, septic drain-field, driveway, garage doors, and so much more.  You’re practically getting a new house for a fraction of the price. Enjoy the ultimate luxury!

View Virtual Tour below:

Amenities

  • Equipment
  • Dishwasher
  • Disposal
  • Dryer
  • Water Heater Leased
  • Icemaker
  • Microwave
  • Electric Range
  • Refrigerator
  • Self Cleaning Oven
  • Smoke Detector
  • Washer
  • Exterior Features
  • Barbeque
  • Exterior Lighting
  • Patio
  • Tennis Court
  • Interior Features
  • Cooking Island
  • Fireplace
  • Pantry
  • Roman Tub
  • Skylight
  • Split Bedroom
  • Walk-In Closets