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Home Buying in Surfside : Real Estate Advice

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Activity 11
Tue Jan 13, 2015
Irina Karan answered:
Yes. Local businesses will have more visitors, the traffic will increase in the winter months, the prices will increase in the area, more money will pour into the city coffers and the incoming tax money will go to improve the area further.

All good overall...

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
305-904-2355
... more
0 votes 2 answers Share Flag
Tue Apr 1, 2014
Irina Karan answered:
Just checked the current active listings in Surfside, under 500K 2/2 oceanfront only:
There are 6 available and they are listed below: LA is sqftage.

# STREET # Complex Asking Br Ba LA
9273 COLLINS AV 512 MANATEE 480,000 2 2 1248
8911 COLLINS AV 802 RIMINI 455,000 2 2 1040
9499 COLLINS AV 411 SPIAGGA 425,000 2 2 927
9511 COLLINS AV 409 SURFSIDE T.399,000 2 2 1299
9273 COLLINS AV 606 MANATEE 339,000 2 2 1024
9273 COLLINS AV 501 MANATEE 299,900 2 2 848

Feel free to call if any questions at 305-904-2355.

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
... more
0 votes 4 answers Share Flag
Tue Apr 1, 2014
Irina Karan answered:
Yes, community center is free to all Surfside residents - regardless if they rent or own.
Guests are up to 5 people, and it's $5 per guest per day fee.
Tennis courts are free right now, so unless there is a class, residents can use it.
However, Parks and Recreations is planning to structure the courts differently, and they
plan to have some kind of a fee charged in the future.

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
... more
0 votes 1 answer Share Flag
Tue Apr 1, 2014
Irina Karan answered:
Hello Marie,

Check out the public info on Surfside demographics, based on US Census 2012 from http://quickfacts.census.gov/qfd/states

Surfside & Florida Comparison (1st number you see is for Surfside, and 2nd number is Florida).

Population definition and source info Population, 2012 estimate 5,924 19,320,749
Population definition and source info Population, 2010 (April 1) estimates base 5,743 1he8,802,690
Population, percent change, April 1, 2010 to July 1 definition and source info Population, percent change, April 1, 2010 to July 1, 2012 3.2% 2.8%
Population definition and source info Population, 2010 5,744 18,801,310
Persons under 5 years, percent definition and source info Persons under 5 years, percent, 2010 6.0% 5.7%
Persons under 18 years, percent definition and source info Persons under 18 years, percent, 2010 18.7% 21.3%
Persons 65 years and over, percent definition and source info Persons 65 years and over, percent, 2010 25.2% 17.3%
Female persons, percent definition and source info Female persons, percent, 2010 52.9% 51.1%

White alone, percent definition and source info White alone, percent, 2010 (a) 94.6% 75.0%
Black or African American alone, percent definition and source info Black or African American alone, percent, 2010 (a) 1.3% 16.0%
American Indian and Alaska Native alone, percent definition and source info American Indian and Alaska Native alone, percent, 2010 (a) 0.1% 0.4%
Asian alone, percent definition and source info Asian alone, percent, 2010 (a) 1.3% 2.4%
Native Hawaiian and Other Pacific Islander alone, percent definition and source info Native Hawaiian and Other Pacific Islander alone, percent, 2010 (a) 0.0% 0.1%
Two or More Races, percent definition and source info Two or More Races, percent, 2010 1.7% 2.5%
Hispanic or Latino, percent definition and source info Hispanic or Latino, percent, 2010 (b) 46.5% 22.5%
White alone, not Hispanic or Latino, percent definition and source info White alone, not Hispanic or Latino, percent, 2010 50.1% 57.9%

Living in same house 1 year & over, percent definition and source info Living in same house 1 year & over, percent, 2008-2012 77.1% 83.7%
Foreign born persons, percent definition and source info Foreign born persons, percent, 2008-2012 46.8% 19.3%
Language other than English spoken at home, pct age 5+ definition and source info Language other than English spoken at home, pct age 5+, 2008-2012 53.2% 27.3%
High school graduate or higher, percent of persons age 25+ definition and source info High school graduate or higher, percent of persons age 25+, 2008-2012 91.9% 85.8%
Bachelor Bachelor's degree or higher, percent of persons age 25+, 2008-2012 46.0% 26.2%
Veterans definition and source info Veterans, 2008-2012 224 1,606,758
Mean travel time to work (minutes), workers age 16+ definition and source info Mean travel time to work (minutes), workers age 16+, 2008-2012 25.9 25.8
Housing units definition and source info Housing units, 2010 3,890 8,989,580
Homeownership rate definition and source info Homeownership rate, 2008-2012 67.5% 68.1%
Housing units in multi-unit structures, percent definition and source info Housing units in multi-unit structures, percent, 2008-2012 69.4% 30.1%
Median value of owner-occupied housing units definition and source info Median value of owner-occupied housing units, 2008-2012 $459,900 $170,800
Households definition and source info Households, 2008-2012 2,057 7,147,013
Persons per household definition and source info Persons per household, 2008-2012 2.79 2.58
Per capita money income in past 12 months (2012 dollars) definition and source info Per capita money income in past 12 months (2012 dollars), 2008-2012 $46,424 $26,451
Median household income definition and source info Median household income, 2008-2012 $67,760 $47,309
Persons below poverty level, percent definition and source info Persons below poverty level, percent, 2008-2012 13.8% 15.6%

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
... more
0 votes 2 answers Share Flag
Thu Mar 27, 2014
Mott Marvin Kornicki answered:
Just send me a note in private - I will tell you what I know - if your intentions are honorable and non-commercial.
0 votes 4 answers Share Flag
Tue Feb 19, 2013
Irina Karan answered:
Yes, Surfside is a great community to buy in - especially with the brand new community center
located right on the beach...and with the tennis courts free to residents, and good schools,
minutes from places of worship, restaurants, shops, Bal Harbour Shops Mall...

And - my personal favorite - wide, not hugely populated, beaches and the beautiful walkway near dunes...

So - let's make it happen for you.

First thing you can do is sit down with a great mortgage pro who is straight/frank.
I can recommend one for you off line (feel free to email me).

Have your credit report pulled from all 3 bureaus - and check for incorrect information and errors.
If any, right to the bureaus requesting the info being removed/fixed.
Provide supporting documentation if required.

While sitting down with the mortgage pro - ask how you can improve your loan preparedness.
Paying off old collections and medical bills that are past due helps a lot, paying credit card debt
below 30% of available limit helps too. Having more available credit helps, but only if
you open new credit lines within 90-120 days window. More often would hurt your credit,
as every credit pull bring the score down 5 to 10 points.

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
305-904-2355
... more
1 vote 2 answers Share Flag
Sun Mar 25, 2012
Irina Karan answered:
Yes, single family home rentals are doing great - many people can not get approved in the condominiums or town houses with HOA (credit problems, criminal background etc. due to recent short sales, bk and foreclosures). A landlord can agree to rent to a person with credit blemishes and requesting additional security or even 6 months rent upfront (or postdated checks so there is no chasing the tenant).

Also, many condominiums are not pet friendly. Houses are heaven for those with large dogs or pets of any nature! If the house has a dockage or a waterview - your value will appreciate a great deal in the future, with nobody changing the condo by-laws in a manner of a U-turn, re. renting...
We currently see a lot of "tightening" of by-laws.

Single family homes are great for vacational purposes also (as long as the house is very updated).
Many of my clients love the website vrbo.com...so check it out!

Irina Karan
Beachfront Realty, Inc.
305-904-2355
IrinaKaran@gmail.com
... more
0 votes 4 answers Share Flag
Sun Mar 25, 2012
Irina Karan answered:
Hello Gigi,

Since your long term goal is to retire and live in Surfside, by the beach, I'd say (politely disagreeing here), stay true to your goal because you'll be enjoying Surfside in those retirement years very much!
Don't go buying in Homestead (where there is no water or little shops, restaurants and infrastructure as it is in Surfside and Bal/Bay Harbour)...Rental rates here are higher than in Homestead also, and the value will appreciate much much better (there is so much/so little of the beach and beach-y areas). The rental market is very hot right now.

I'd say go with 2/2 as it is more popular and more affordable for tenants.
3/2s are usually rent for a year or max 2 years, and then buy.
2/2 tenants stay longer usually.

This will be a less expensive buy for you, less money spent on taxes, and I feel you'll be very happy
here in Surfside (with your rental and your future home)!

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
305-904-2355
... more
0 votes 3 answers Share Flag
Thu Nov 10, 2011
Alma Kee answered:
Hi Aviva,

Zillow shows it sold for $720k on 10/26/2010... It also shows it was listed on 8/12 then removed on 10/7 but sold on 10/26.

Were you the lucky buyer that got it the 2nd time around?

If not, find a local Realtor to help you make your offer the first day a bargain like this comes on the market or if it comes "back on the market" like it appears this one did.

All the best,
Alma
... more
0 votes 6 answers Share Flag
Sat Oct 16, 2010
Beth Jenkins answered:
Hi,
The gentlman below has the best answer, you need to take this to a realtor that works for you.
Did you have your own buyers agent when you made this offer? Di you have an attorney to review this contract?
If the answer is not to erither question you have learned a big lesson in this market, do not enter into it alone.

The stuff about the time capsule is beyond me, we could all be gone in 5 years. and I do not have a crystal ball so I will not touch that.

When I say it is not a logical situation, I mean it makes not sense to me. I would have to review the ocntrac,t know what you are dealing with as far as the sellers side, see any addendums, etc. It coudl be jsut a big, unethical mess that you don't need to deal with, that is the only way I can explain it without any further info. Do you not think that the agent for teh seller may want to keep both sides of the deal to themselves?? That happens, and it is a very hard situation to call anyone out on.

Second, as realtors we cannot give legal advice, it is against our realm of licensing. Any furhter advice would cross that line.

So I hope puts your question to rest. If the property is still taking offers, get yourself a realtor and look at many properties, this is a competitive market and you should. nto get emotionally attatched to any one, there are too many variable.

Beth Jenkins
South Florida Brokers
786-374-4778
... more
1 vote 4 answers Share Flag
Sat Jan 5, 2008
Mott Marvin Kornicki answered:
Does anybody know if The Beach House Designed by Richard Meier will be built?
0 votes 1 answer Share Flag
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