Aventura & Sunny Isles Beach Luxury Real Estate

Please allow me this time to say thank you to all those customers and clients that became friends and loyal clients over the years.

Thank you to all the fellow agents that work in our industry, that give of there time to accommodate me and my agents with information and showings that allow us to earn our living.

Thank you to the twenty one agents that work along side me on a day-to-day basis at Koslovsky Realty, who make it a pleasure to go to work.

Thank you to Stella Estevez, my licensed assistant and secretary for over 20 years whos smile, personality and professionalism has been a continous source of help in this sometimes stressful industry.

Thank you to the many attorneys, title agencies, mortgage brokers, appraisers, and inspectors that influence our real estate transactions, most of which are professionals and great to work along side with.
And last but most…Thank you to my wonderful wife Susan, who has the ”task” of working and living with me day and night. Always being there for me, juggling the home, the children, the agents in the office, our management company, the book keeping and day-to-day activity at our office. And dealing with my need for professionalism and perfectionism.

Closed sales in the last 30 days

Williams Island 2000 bldg, Built 1995
1,750 sq. ft. 2 bdrm 2 bath 18th floor
Listed on market 5/22/06 $525,000
Reduced to $500,000 on 7/4/06
Reduced to $495,000 on 7/25/06
Pending Sale on 8/18/06
Sold & Closed on 10/9/06 $460,000
Under contract in 88 days

Mystic Point Tower 400, Built 1990
1,361 sq. ft. 2 bdrm 2 bath + den
31st floor upgraded to the max.
Listed on market 12/21/05 $589,000
Reduced to $555,000 on 2/9/06
Reduced to 539,000 on 5/3/06
Reduced to $529,000 on 6/8/06
Pending Sale on 9/26/06
Sold & Closed on 10/27/06 $480,000
Under contract in 270 days

Admirals Port West, Built 1974
1,220 sq. ft. 2 bdrm 2 bath 9th floor
Listed on market 5/11/06 $286,900
Reduced to $279,000 on 6/6/06
Reduced to $270,000 on 6/28/06
Reduced to $250,000 7/26/06
Reduced to $248,000 8/24/06
Pending Sale on 9/19/06
Sold & Closed on 10/25/06 $245,000
Under contract in 131 days

County Squire Estates 23rd Ave & 201 St.
4 bdrm 4 bath, Built 1968 lot: 80’ x 130’
2964 sq ft Listed on 3/13/06 $699,000
Reduced on 5/15/06 to $669,000
Reduced on 6/13/06 to $649,000
Reduced on 7/16/06 $639,000
Pending Sale in 10/06
Sold & Closed on 11/7/06 for $570,000
Under contract in 180 days

Don’t miss this opportunity in the real estate market

Too many friends and neighbors are saying……. YES.
Is the answer………..Property Tax Portability?

The Florida Property Tax Reform Committee is attempting to come up with ways to improve property taxation in Florida. One of the issues the committee is looking at is portability, the ability of homeowners to take property tax relief with them when they buy a new property.

Under the Save Our Homes amendment, assessments on property with a homestead exemption are limited to 3% a year. The system, although not fair, seemed to do what it was supposed to for the past 14 +/- years. The appreciation of 40% to 60% in values in an 18 month period is what has fueled present conditions.

Leaving the situation alone penalizes young families trying to move into bigger homes and older people who want to sell their homes in exchange for smaller properties. Homeowners who would like to upsize or downsize don’t make the move because the difference in real estate tax dollars is just too big an amount. It defeats the reason for those moves to begin with.

This hardship is also felt by commercial property owners who don’t even have the benefit of yearly maximum tax increases of 3% as in homestead property. Those commercial property tax increases are passed on to the tenants. There has to be a more practical way to handle the real estate tax crisis.

With too dramatic a change in the property tax laws, the politicians are concerned that the tax revenues would not be enough to sustain the schools, etc. Therefore, it is very important that open minded people with reasonable overall outlooks work on a compromise that could generate the real estate market and yet not jeapordize the overall economic structure of our communities.

Stay informed, be proactive, and get involved.