WE COVER SOUTH FLORIDA REAL ESTATE
Herz Dupond Real Estate Group At Fortune International Realty
THE MIAMI SKYLINE PAGE TITLE 2
Introducing Herz Dupond Real Estate Group
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CONTENTS
5 Overview 7 About The Herz Dupond Team 13 Miami Facts 17 Miami Neighborhoods 23 New Residential Developments in South Florida 31 Miami Attractions 35 Foreign Buyers Should Know Introducing Herz Dupond Real Estate Group
GENERAL OVERVIEW 4
TO SOUTHEAST US
TO EUROPE
TO PANAMA CANAL, ASIA,
GLOBAL HUB FOR TRADE FLORIDA IS IN A UNIQUE POSITION ALLOWING FOR EASY ACCESS FOR DOMESTIC & INTERNATIONAL TRADE
Introducing Herz Dupond Real Estate Group
PACIFIC
TO SOUTH AMERICA
TO AFRICA
GENERAL OVERVIEW 5
CONDOS
MULTIFAMILY
OFFICES
RETAIL
ABOUT HERZ DUPOND REAL ESTATE GROUP Based in Miami, and comprised of an international team and led by Wolfgang Herz & Ricardo Du Pond’s Residential & Commercial Division is one of South Florida’s leading retail/office leasing and development teams within Fortune International Realty. Representing tenants and landlords, our services include customized site selection, demographic analysis, site tours, merchandising plans, lease negotiation, restaurant development consultation, branding, architectural and design consultation. An extensive focus on Dade, Broward and Palm Beach uniquely equips our team to handle corporate rollouts of brands looking to penetrate these markets. We offer clients a vertically-integrated, full service brokerage with a twist: the power and experience of a consulting firm.
ABOUT FORTUNE INTERNATIONAL REALTY Fortune International is widely recognized among industry peers and discerning clientele as a leading luxury real estate organization in South Florida. This a result of its steadfast commitment to best-in-class service and unparalleled market expertise that Herz Dupond Real Estate Group values so much. Fortune consistently attracts the brightest individuals, selected for integrity, potential and excellence.The global network of partnerships and strategic alliances provide clients with a competitive advantage through far- reaching and responsive support. Fortune has grown significantly to over 19 offices and 1,000 dedicated agents throughout South Florida. The company remains independently owned and operated, united with one vision to provide experience, excellence and expertise in the luxury real estate market leading to unequaled client service. Introducing Herz Dupond Real Estate Group
MIAMI IS OUR MARKET
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MEET OUR INTERNATIONAL TEAM
Wolfgang Herz • English • German
Introducing Herz Dupond Real Estate Group
Ricardo Dupond • English • Spanish
Gabriella Bailom • English • Portuguese • Spanish
Danielle Hanson • English
ABOUT THE HERZ DUPOND TEAM 7
ENGLISH SPANISH
THE WORLD IS OUR CUSTOMER
GERMAN RUSSIAN FRENCH PORTUGUESE
Taisia Hood • English • Russian
Adelaida Laitano • English • Spanish
Lavinia Otero • English • French • Romanian
Tripti Zehdnicker • English • German
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ABOUT THE HERZ DUPOND TEAM
WOLFGANG HERZ
Wolfgang is committed to his profession and to his clientele, this has earned him multiple awards in the hotel industry and constant recognition as top real estate sales agent. As such, Mr.Herz and his team are actively sought after by celebrity clients; professional athletes, musicians, high-level business executives and investors seeking to secure commercial property to suit their unique objectives and requirements. Wolfgang fluent in English and German, he brings a wealth of global experience to each business transaction and draws from his extensive education. He is able to work with clients from all cultural backgrounds.
RICARDO DUPOND
Ricardo enjoyed ten years in real estate, starting out in development sales in 2003. In early 2009, he was swiftly promoted to management and went on to become Senior Commercial Sales Associate. Ricardo has been awarded Top Producer on many occasions and has sold in excess of $80M throughout his career. Ricardo specializes in commercial leasing and sales in Brickell, Downtown, Midtown, and the Biscayne Corridor. However, he covers all the major areas of Miami-Dade and Fort Lauderdale. He is highlyorganized, analytical and dedicated, enabling him to meet client’s expectations on each and every transaction. Introducing Herz Dupond Real Estate Group
ABOUT THE HERZ DUPOND TEAM 9
GABRIELLA BAILOM
Gabriella is a successful agent who is primarily focused on luxury residential properties. She has worked exclusively with Canvas Condos, Epic Condos and One Miami Condo all within Downtown Miami. She has a strong global presence, having client and clientele relationships in South America and Europe. Her traveling background and multilingual skills has allowed here to be an asset to the team.
DANIELLE HANSON
Danielle is a successful real estate agent with 12 years’ experience in both the residential and commercial markets. She progressively became familiar with the local markets and built solid relationships with brokers and tenants alike. Her focus is on assisting local and national tenants to secure office spaces in the Miami metropolitan area.
Introducing Herz Dupond Real Estate Group
ABOUT THE HERZ DUPOND TEAM 10
TAISIA HOOD
Taisia primarily focuses on residential units within South Florida. She has a strong network base in Russia and works tirelessly to promote and sell properties with the Russian market. Taisia is knowledgable about the current market state for residentials and works to demonstrate her expertise to her clients and present them with the best opportunies based on their needs.
ADELAIDA LAITANO
Ady has worked in the real estate industry for the past 11 years and has managed sales totaling over $50M. She specializes in selling luxury homes and condos to affluent local and international buyers in Fisher Island, Coral Gables, Coconut Grove, Pinecrest, and Miami Beach. She has worked with local and international business leaders, celebrities, and sports figures. Her hard work, market knowledge, and dedication helped her become a “Top Selling Agent� of her previous company. She also has extensive experience marketing, listing, and selling luxury waterfront properties and working with new construction projects. Introducing Herz Dupond Real Estate Group
LAVINIA OTERO
ABOUT THE HERZ DUPOND TEAM 11
Originally from Romania, Lavinia has strong knowledge of hospitality and real estate market, she has excellent interpersonal skills, and the ability to communicate effectively with her clients. She is tri-lingual speaking Romanian, French and English and conversational Spanish. Before starting her career in luxury real estate, she had extensive experience working as a Concierge for the most discerning clientele, demonstrated the ability to deal with different types of clients, some of whom required a high level of patience and tact. As an agent, providing client service beyond the client’s expectations is the only thing to expect from a Top Agent like her.
TRIPTI ZEHDNICKER
A multilingual international business and real estate professional who focuses on selling best of Miami in luxury residentials and preconstruction projects to clients around the world. Tripti has lived in Europe, Latin America and Asia and has worked in Asia, Australia and the USA. Her background spans years; starting as an entrepreneur who managed her own companies. After attaining a Bachelor’s Degree in International Business/Marketing, she refined her consultative selling approach to work with a global healthcare company and now as a real estate agent.
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MIAMI FACTS Introducing Herz Dupond Real Estate Group
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NEARLY 50% OF POPULATION IS FOREIGN
THE STATE OF FLORIDA DOES NOT HAVE
BORN & SPEAK OVER 100 LANGUAGES
INDIVIDUAL INCOME TAXES, ESTATE TAXES, OR CAPITAL GAINS TAXES
STRONG CULTURAL PRESENCE WITH 194 MUSEUMS, THEATERS, STADIUMS AND 626 GALLERIES AND CONCERT VENUES
VACANCY RATES FOR ALL COMMERCIAL SECTORS IN MIAMI ARE BELOW THE NATIONAL AVERAGE; RETAIL & MULTI-FAMILY ARE OUTPERFORMING MOST MAJOR MARKETS IN THE U.S THE ONLY MAJOR “SUBTROPICAL” CITY IN CONTINENTAL U.S.; AVERAGE TEMP. 75 ºF / 23 ºC Introducing Herz Dupond Real Estate Group
MIAMI FACTS 14
MIAMI RANKED #9 IN MAJOR NORTH AMERICAN CITIES OF THE FUTURE BY FDI INTELLIGENCE
(Foreign Direct Investment) is a specialist division of the Financial Times that published “American Cities of the Future” which ranked New York City #1 and Miami #9 among the leading North American cities of
“Miami’s Cuban Coffee rated by Forbes Traveler as one of the country’s best “street food”.
Miami Beach ranked #2 among “Top 10 Beach Destinations in U.S.” by Travelers’ Choice 2012.
Miami’s skyline ranks 3rd in the U.S. after New York City & Chicago & 18th in the world
(Almanac of Architecture & Design).
MIAMI: CRUISE CAPITAL OF THE WORLD
MIAMI IS A TRUE INTERNATIONAL DESTINATION • Nowhere else in the US are 45% of all visitors from abroad. • Europeans make up approximately 25% of the international visitors to the region
MIAMI IS A LARGE CITY WITH DIVERSE INDUSTRY • Miami is a major center for not only tourism but also finance, commerce, culture, media, entertainment, the arts and international trade. • Miami has the largest concentration of foreign banks. • Miami International Airport ranks among US airports as follows: 1st in International Freight; 2nd in International Passengers; 3rd in Total Freight; and 12th in Total Passengers. • The Port of Miami is one of the busiest ports in all of the US.
DOWNTOWN MIAMI IS EVOLVING INTO A 24-7 WORLD CLASS CITY
the future.
MIAMI FACTS 15
FINANCIAL HUB
TECH HUB
SHOPPING, DINING, CULTURE
INFRASTRUCTURE
REASONS TO BUY IN MIAMI GREAT BEACHES
ARCHITECTURAL DESIGNS
TOP CITY IN WEALTH
LOW TAXES
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EXPLORE THE NEIGHBORHOODS IN MIAMI
Introducing Herz Dupond Real Estate Group
South Beach
MIAMI NEIGHBORHOODS 17
South Beach’s 10 miles of beach are alive with a frenetic, circuslike atmosphere and are center stage for a motley crew of characters, from eccentric locals, seniors, snowbirds, and college students to gender benders, celebrities, club kids, and curiosity seekers. The thriving Art Deco District within South Beach has the largest concentration of Art Deco architecture in the world (in 1979, much of South Beach was listed in the National Register of Historic Places.
Miami Beach A true riviera, with self-contained resort hotels were vacations come unto themselves, providing a full day’s worth of meals, activities, and entertainment. The sand and surf now come with a thriving international city -- a technologically savvy city complete with free Wi-Fi with 95% coverage outside, which means on the sand, and 70% indoors up to the second floor of any building. Introducing Herz Dupond Real Estate Group
MIAMI NEIGHBORHOODS 18
Surfside, Bal Key Biscayne Downtown from Brickell and Coconut Harbour, and Across Miami Grove lies Key Biscayne. It is a haven for those who enjoy a calm, Downtown Miami has many Sunny Isles water-filled environment. This emerging museums, arenas, Excellent prices, location, and facilities make Surfside and Sunny Isles attractive places to stay.
Introducing Herz Dupond Real Estate Group
city with its soothing nature and picturesque look is not too far from parks, cultural palaces, shops, the hustle and bustle of Downtown restaurants, and bars would take nearly as long as trying Miami. to visit them all. The cultural attractions with its generous outdoor recreation spaces, coastal marketplaces, and championship sports teams, and it’s instantly easy to understand why this city sizzles.
MIAMI NEIGHBORHOODS 19
Design District
Midtown/Wynwood
Come for the design and stay for the style in Miami’s hippest zipcode, The Design District. Its renovated warehouses display more than cutting-edge furniture and foreign sculpture. They also boast the most exclusive labels in brand-name fashion. Dine at any of a dozen cafés to eavesdrop as interior designers hobnob with clients over haute bánh mí or short-rib flatbreads while critiquing the chic of Mid-Century Modern versus Art Nouveau.which includes a calendar of events, such as the internationally lauded Art Basel, which attracts the who’s who of the art world. The district is loosely defined as the area bounded by NE Second Avenue, NE Fifth Avenue East and West, and NW 36th Street to the south.
Re-imagining Miami’s character with industrial-sized paint rollers rather than dainty strokes of color, Wynwood is a neighborhood whose brash creativity brushes every surface and covers its countless cafés, restaurants, and bars. A diverse community near Edgewater, Omni, and The Design District, Wynwood is a palette of high fashion boutiques, premium galleries, artistic insurrection, Little San Juan’s Caribbean influence, untamed evening pursuits, and inventive cuisine. Once you’re in Wynwood, just roll with it, baby.
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Biscayne Corridor From downtown, near Bayside, to the 70s (affectionately known as the Upper East Side), where trendy curio shops and upscale restaurants are slowly opening, Biscayne Boulevard is aspiring to reclaim itself as a safe thoroughfare where tourists can wine, dine, and shop. Once known for sketchy, dilapidated 1950s- and 1960s-era hotels that had fallen on hard times, this boulevard is getting a boost from residents fleeing the high prices of the beaches in search of affordable housing. They’re renovating Biscayne block by block, trying to make this famous boulevard worthy of a Sunday drive.
Little Havana
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If you’ve never been to Cuba, just visit this small section of Miami and you’ll come pretty close. The sounds, tastes, and rhythms are very reminiscent of Cuba’s capital city, and some say you don’t have to speak a word of English to live an independent life here -- even street signs are in Spanish and English.In Little Havana, salsa and merengue beats ring loudly from old record stores while old men in guayaberas (loose-fitting cotton short-sleeved shirts) smoke cigars over their daily game of dominoes. The area was previously noted for the groups of artists and nocturnal types who had moved their galleries and performance spaces here, sparking culturally charged neobohemian nightlife.
Coral Gables
MIAMI NEIGHBORHOODS 21
“The City Beautiful,” created by George Merrick in the early 1920s, is one of Miami’s first planned developments. Houses here were built in a Mediterranean style along lush, tree-lined streets that open onto beautifully carved plazas, many with centerpiece fountains. The best architectural examples of the era have Spanish-style tiled roofs and are built from Miami oolite, native limestone commonly called “coral rock.” The Gables’s European-flaired shopping and commerce center is home to many thriving corporations. Coral Gables also has landmark hotels, great golfing, upscale shopping to rival Bal Harbour, and some of the city’s best restaurants, headed by renowned chefs.
Coconut Grove Chain stores, theme restaurants, a megaplex, and bars galore make Coconut Grove a commercial success, but this gentrification has pushed most alternative types out. Ritzier types have now resurfaced here, thanks, in part, to the antiboho Ritz-Carlton Coconut Grove and the Mayfair, which is in its umpteenth resurgence as a boutique hotel. The intersection of Grand Avenue, Main Highway, and McFarlane Road pierces the area’s heart. Right in the center of it all is CocoWalk, filled with boutiques, eateries, and bars. Sidewalks here are often crowded, especially at night, when University of Miami students come out to play. Introducing Herz Dupond Real Estate Group
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NEW RESIDENTIAL DEVELOPMENTS
IN SOUTH FLORIDA
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CANVAS CONDO FILLING STATION ARTS & ENTERTAINMENT DISTRICT
ARTS & ENTERTAINMENT DISTRICT
37 STORIES 513 RESIDENCES STUDIOS, 1 TO 2 BEDROOMS FROM 800 SF TO 1,110 SF $331,000 TO $600,000 COMPLETION 2017
17 STORIES 81 LOFT RESIDENCES STUDIOS, 1 TO 2 BEDROOMS FROM 832 SF TO 1,639 SF FOR RENT ONLY: $1,950/M - $5,600/M COMPLETED
DEVELOPER: NR INVESTMENTS ARCHITECT: CFE ARCHITECTS, PA
DEVELOPER: NR INVESTMENTS Introducing Herz Dupond Real Estate Group
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26 EDGEWATER
REACH BRICKELL
10 STORIES 86 RESIDENCES 1 TO 2 BEDROOMS FROM 560 SF TO 998 SF $292,000 TO $467,000 COMPLETION 2017
43 STORIES 383 RESIDENCES 1 TO 4 BEDROOMS FROM 965 SF TO 4,385 SF $612,000 TO $2,700,000 COMPLETION 2015
DEVELOPER: STRIPEY REAL ESTATE DEVELOPMENT
DEVELOPER: SWIRE PROPERTIES ARCHITECT: ARQUITECTONICA
EDGEWATER
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BRICKELL
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RISE BRICKELL
5300 PASEO
43 STORIES 390 RESIDENCES 1 TO 5 BEDROOMS FROM 982 SF TO 4,754 SF $612,000-$2,700,000 COMPLETION 2015
20 STORIES 219 RESIDENCES 1 TO 3 BEDROOMS FROM 780 SF TO 1,927 SF $279,990 TO $990,000 COMPLETION 2016
DEVELOPER: SWIRE PROPERTIES ARCHITECT: ARQUITECTONICA
DEVELOPER: CODINA PARTNERS ARCHITECT: SEIGER SUAREZ
BRICKELL
DOWNTOWN DORAL
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TOWNHOMES
H3 HOLLYWOOD
2 TO 3 STORIES 75 RESIDENCES 2 TO 4 BEDROOMS FROM 1,788 SF TO 1,998 SF $630,000 TO $990,000 COMPLETION SUMMER 2015
15 STORIES 247 RESIDENCES STUDIOS TO 3 BEDROOMS FROM 594 SF TO 2,858 SF $241,000 TO $411,000 COMPLETION 2016
DEVELOPER: CODINA PARTNERS & CC DEVCO HOMES
DEVELOPER: TEAM RE DEVELOPMENT ARCHITECT: KOBI KARP ARCHITECTURE
DOWNTOWN DORAL
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HOLLYWOOD
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TRUMP TOWER
AKA
24 STORIES 154 RESIDENCES 1 TO 3 BEDROOMS FROM 1,224 SF TO 3,292 SF $450,000 TO $1,900,000 COMPLETION 2017
21 STORIES 95 RESIDENCES 1 BEDROOM SUITES FROM 562 SF TO 663 SF $1.2 MILLION TO $1.5 MILLION COMPLETION 2015
DEVELOPER: YY DEVELOPMENT GROUP ARCHITECT: DUJOVNE – HIRSCH
DEVELOPER: KORMAN COMMUNITIES & PRODIGY NETWORK ARCHITECT: ASFOUR GUZY
URUGUAY
NEW YORK
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Tequesta III is a beautiful condo on the island of Brickell Key. A fresh experience, away from the hustle and bustle of mainland life.
ON A PRIVATE ISLAND W I T H
A
Introducing Herz Dupond Real Estate Group Penthouse unit available for sale contact Herz Dupond Real Estate Group for more details. wh@fir.com | 305.970.72160 | whmiami.com
P R I V A T E
P O O L
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MIAMI ATTRACTIONS 30
UP AHEAD: 2 MI PEREZ ART MUSEUM OF MIAMI A 200,000 square-foot museum in Downtown Miami near Bayfront Park and Port of Miami (also known as Miami Art Museum) was completed in the end of 2013.
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COMING SOON: MIAMI WORLD CENTER An almost 30 acres across 10 city blocks, with over 20 million square feet of space over the span of several years.
COMING SOON: FROST MUSEUM OF SCIENCE The sister installation to PAMM (Perez Art Museum of Science) is a 250,000 square-foot of sustainable museum.
MIAMI
MIAMI ATTRACTIONS 31
ADVENTURE IS ALWAYS A POSSIBILITY COMING SOON: SKYRISE MIAMI A brand new icon that will be a part of the Magic City skyline. It is more than just an observation tower with a breathtaking 40-mile view of the oceanfront city and offering plenty of entertainment options for those in the city.
UP AHEAD: MIAMI SEAQUARIAM A 38-acres of tropical paradise, the oceanarium, features dolphins, killer whales. In addition to marine mammals, the Miami Seaquarium has fish, sharks, sea turtles, birds, reptiles, and manatees. Over 500,000 people visit the facility annually.
UP AHEAD: 1.5 MI AMERICAN AIRLINES ARENA A sports and entertainment arena that is home to the Miami Heat of the National Basketball Association (NBA). The theater can be configured for concerts, family events, musical theatre and other stage shows.
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ADRIENNE PERFORMING ARTS CENTER
VENETIAN POOL
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AMERICAN AIRLINES ARENA
PEREZ ART MUSEUM MIAMI
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MIAMI METRO ZOO
PORT OF MIAMI
FROST SCIENCE MUSEUM
MIAMI SEAQUARIAM
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FOREIGN BUYERS PAGE TITLE 34
1 2 3 4
Assess the reason and the purpose of your purchase. This is very important as it will be a guiding factor that will help you and your real estate agent focus as you consider properties.
There is no additional U.S. Visa requirements to consider to purchase property in Florida. Make sure to contact an immigration lawyer when it comes to discussing visa issues as well as in regards to extending one stay in the country while going through the process of purchasing a property. The way U.S. real estate transactions are carried out may differ from your home country. Each state has its own set of rules guiding the process that includes but not limited to the type of purchase contract used, the method of closing the sale and even the duties and titles of the individuals involved. In Florida, real estate listing information is shared by agents using the Multiple Listing Service, also known as the MLS. So, it is important to work with an agent who is utilising all these tools to benefit you.
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SHOULD KNOW... PAGE TITLE 35
5 6 7 8
The real estate is very organized, regulated, and considered a career for many professionals. There are requirements that must be followed to make a transaction valid.
One does not need to be fluent in English to purchase real estate in Florida. There are numerous licensed professionals who may speak your native language. It’s possible to get translated copies of standard documents,however the English version is necessary to finalize a purchase. Financial considerations for buyers include currency exchange rates, international wire transfers, banking systems, accounting issues, and import/export restrictions regarding currency and household items as buyers finalize purchases. Financing is available to qualified buyers with a 30 to 40 percent down payment depending on the lender. Many banks require foreign buyers to have a specific amount of deposit with the bank, present a minimum of three months of bank statements and prefer the buyers have credit history. Introducing Herz Dupond Real Estate Group
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ART SHOULD BE IN A GALLERY.
FIND A RESTAURANT THAT FIT YOUR NEEDS TODAY.
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BRICKELL HOUSE ROOFTOP RESTAURANT
6,200 SF + 3,000 SF TERRACE | 1330 BRICKELL BAY DR.
FLAGLER ON THE RIVER RESTAURANT
7,800 SF + 5,100 SF TERRACE | 340 W. FLAGLER ST.
1542 WASHINGTON 2-LEVEL RESTAURANT
SUNNY ISLES MARKETPLACE
5,500 SF + 3,000 SF TERRACE | 1542 WASHINGTON
LOOKING FOR CONCEPTS | SUNNY ISLES BEACH
CANVAS CONDOS ROOFTOP RESTAURANT
50 BISCAYNE FRONTAGE RESTAURANT
4,500 SF | 1630 NORTH MIAMI AVENUE
9,400 SF + 4,900 SF TERRACE | 50 BISCAYNE BLVD
CONNECTING YOUR LOVE & BUSINESS. LET HERZ DUPOND REAL ESTATE GROUP MATCH YOU TO A SPACE THAT FIT YOUR NEEDS.
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PAGE TITLE 38 EPIC CONDOS
200 BISCAYNE BLVD WAY
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PENTHOUSE UNITS AVAILABLE 305.970.7260
MIAMI IS ...
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BUILDINGS, BUSINESS, ARTS, CULTURE, SPORTS, FUN, & MORE.
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CHOOSE OUR TEAM TO WELCOME YOU TO
SOUTH FLORIDA
Herz Dupond Real Estate Group Wolfgang Herz | Ricardo Dupond 305.970.7260 | wh@fir.com whmiami.com
Introducing Herz Dupond Real Estate Group