The Miami luxury condo and real estate market is hot! Only three years ago large condo projects were sitting empty and others were having trouble collecting their common charges from owners. In the last 18 months, luxury real estate in Miami Beach and Miami, including Brickell and the Design District, as well as the more affluent and luxury enclave of Coral Gables (home to many of Miami’s top residents) has staged an unprecedented comeback. New developments such as the St. Regis at Bal Harbour, and others are selling to a mixture of those from Brazil, Russia, New York and Europe.

With Penthouse units atop South Beach’s Continuum fetching well in the 20’s (millions) new benchmarks are being created in pricing. The New York Times last week last week wrote about the unique appeal of South of Fifth, the luxury enclave of the southern tip of Miami’s Art Deco District which in a decade has seen amazing growth and establishment as one of the beach’s best areas featuring top buildings and restaurants.

Today I was to be invited to Miami to be a part of a panel of top marketers to share tips about Social Media marketing in luxury real estate with a live and live stream audience at Social Media Week #SMWMiami.

After the panel I was truly honored to share a few hours with the Founder and CEO of one of Miami’s top real estate firms and be treated to private tours of the diverse portfolio of luxury new developments their firm is exclusively marketing, including the divine St. Regis Bal Harbour Resort.

Sold or going to contract is the new buzzword in Miami luxury real estate. Something tells me, this time around the rise in prices is going to be stronger and more enduring than before. – Tony Sargent