An unbelievable new concept in living: Porsche and Dezer unite to create a masterpiece

Living on the Ocean in Sunny Isles Beach, Florida is already heaven on earth...the luscious silky sand beach, the endless ocean views, some of the top restaurants and shopping at your doorstep..luxury condo living...what more could you want?

How about being able to park your car outside your door ...even if you are on the 57th floor???!!!!

Well that is the new concept building that has been approved by the City of Sunny Isles Beach and is being designed by none other than the ultimate in car design ..PORSCHE. In conjunction with Dezer Properties the company that has already bought us such trophy properties as Trump Towers I,II,III, Trump Palace & Trump Royale, the Porsche Design Group are planning a 57-story residential tower with a robotic parking system so condo owners can park beside their units.

The 132-unit tower marks Porsche's inroad into residential.

The building will feature three circular platforms at the building's center that operate as "passenger-speed automobile elevators" outfitted with sensors to navigate to the correct floor. The vehicles will then be parked at one of 284 robotic parking spaces adjacent to owners' units.
"Our development team is confident this building will serve as a catalyst for other Porsche Design Towers throughout the world," said Gil Dezer, president of the New York- and South Florida based Real Estate Development Company.

Porsche Design Tower's units will range from 3,800 square feet to 9,500 square feet. More than half of the units will feature a duplex lay-out, with ocean-facing units including a private pool. The units are expected to range from $2.9 million to $9 million.

The building will be constructed on a 2.2 acre tract the Dezer family own at 185th and Collins.

If you want more information on this project, please drop The Golan Team a note here.. or call us at (001) 786-333-6200

Southeast Florida Home Prices Lowest Since Crash

It’s been a long time since we last blogged but it is not because we haven’t been thinking of you, it is because we have been really busy!!!

Real Estate in South Florida has taken off again and Buyers are back. In fact over the last week we were out with two new buyers and it was almost impossible to find them a house to show. This time last year, we would have had 7 or 8!!!

Inventory of houses on Miami Beach are at a low…hey SELLERS if you have a property to sell on Miami Beach, give us a call at 786-333-6200 or shoot us an email to debra@golanteam.com (saying thanks in advance!)

But don’t just take our word for it…

South Florida home prices in March hit their lowest level since the real estate crash!

Prices for Palm Beach, Broward and Miami-Dade counties were down 6 percent from the previous year and a staggering 51 percent from their peak in December 2006, according to the Standard & Poor's/Case-Shiller price index, which was released Tuesday

You can read the full article in the Palm Beach Post . Whatever the news you read, the truth is in the numbers…Buyers are out, properties are selling and inventory is lowering.

Over the next several blogs we will discuss inventory stats in closer detail.

Meanwhile, we wish you a wonderful and happy july 4th holiday and we will back at the blog next week.