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There’s been a lot of talk lately about economic turmoil and tumultuous international relations tanking the luxury real estate market, in Miami and across the world. That’s just silly. Of course that’s not going to happen. We may be in for some ups and downs, but we’re certain that Miami is going to remain one of the top luxury real estate markets for worldwide investors for decades to come.
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You may think that luxury real estate markets worldwide would move together as markets change overall, but they don’t. Luxury and investment real estate markets follow completely different trends — they follow their own rules. And, the rules change from region to region. So, if you’re new to the luxury real estate market, it is important to keep up on the latest trends.

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Miami, FL -- (SBWIRE) -- 09/20/2013 -- Eddie Jaber of RESF, a South Florida Real Estate company, has recently concluded two record-breaking sales – one at the Mint Condo, located on 92 SW 3rd Street in Brickell, and the other at The Mondrian, a luxury condo-hotel on West Avenue in South Beach.The Mint Condo property was a penthouse (PH-01) that sold for $1,225,000 at $582.50 per square foot, making it the most expensive sale in the building’s history, as well as the highest of any residence within the 33130 zip code. Notably, the unit is classified as a new construction that remained developer-ready at the time of the sale.To highlight the significance of this achievement, it must be noted that the recent sale of a completed ...

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