Offered by Edward E. Cambas.
Thursday, December 22, 2011
Sunday, December 18, 2011
24 Story Aventura High Rise.
BY ADAM H. BEASLEY - Miami Herald
Martin Z. Margulies made his fortune building a series of high-end properties that dot the South Florida coastline. He’s spent much of that wealth collecting and subsidizing contemporary art, both here and around the world.
For the last half-decade, it’s been much more of the latter than the former.
Good news for his accountant: Business, at least for the next 18 months, is back.
Bucking local and national trends, Margulies broke ground last weekend on the boutique Bellini Williams Island, a 70-unit tower of three-bedroom condos listed between $1 million and $4 million.
The 24-story complex, which is billed as the final property to be built in Aventura’s exclusive Williams Island community, is set to open in summer 2013.
“There’s demand,” said Margulies, 73, when asked why he decided to begin construction. “There are a lot of South Americans that are very much enamored with South Florida. They love Miami, and that’s where we think the market lies.”
Margulies declined to stipulate how many units have been sold, but he did say enough inventory has been moved to lay the foundation on his first new project in some five years.
Martin Z. Margulies made his fortune building a series of high-end properties that dot the South Florida coastline. He’s spent much of that wealth collecting and subsidizing contemporary art, both here and around the world.
For the last half-decade, it’s been much more of the latter than the former.
Good news for his accountant: Business, at least for the next 18 months, is back.
Bucking local and national trends, Margulies broke ground last weekend on the boutique Bellini Williams Island, a 70-unit tower of three-bedroom condos listed between $1 million and $4 million.
The 24-story complex, which is billed as the final property to be built in Aventura’s exclusive Williams Island community, is set to open in summer 2013.
“There’s demand,” said Margulies, 73, when asked why he decided to begin construction. “There are a lot of South Americans that are very much enamored with South Florida. They love Miami, and that’s where we think the market lies.”
Margulies declined to stipulate how many units have been sold, but he did say enough inventory has been moved to lay the foundation on his first new project in some five years.
Oceanfront deals in Sunny Isles.
We have information regarding South Florida Foreclosures. Our new point of operations is now in Sunny Isles on Collins Ave Oceanside. If you are interested in buying or renting Oceanfront property, call me.
Edward E. Cambas, Lic. Real Estate Broker 786-200-8817
http://www.worldviewdirect.com
an equal housing opportunity.
Edward E. Cambas, Lic. Real Estate Broker 786-200-8817
http://www.worldviewdirect.com
an equal housing opportunity.
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