South Beach Vacation + Bargain Condos = Miami Condo Investments Tour

March 3, 2009

I’ve been kicking around this idea in the back of my mind for quite some time.  I guess the timing just never felt right.  Prices have now fallen to a more realistic level, however, and it may be time to at least discuss the idea to see if there would be any interest.

I’m proposing to hold a two-day tour of Miami and South Beach condos in June of this year.  The tour would focus on the best condo deals in Brickell, Brickell Key, Downtown Miami, the Arts District of Miami and South Beach.  The objective would be to educate nonlocal buyers, who may not be familiar with the various neighborhoods and condo developments, but may have an interest in buying here at some point in the future.  It’s also an opportunity for local buyers to take a first-hand glimpse into the best condo investment deals in Miami.  Weather-wise, June may not be the best time of the year to visit South Florida, but I expect the deals at that time to be even better than they are now.

The condo tour would be held on a Friday and Saturday, in which time we would visit 10 buildings and about 30 condo units.  The tour package would include a 3-night stay at the Loews Hotel, a 4-star/4-diamond oceanfront hotel in South Beach; 3 breakfasts; 2 lunches; and the 2-day chartered bus tour.  The cost would be $900 for one person or $1,500 for 2 people staying in one room.  The 2-day chartered bus tour would also be open to local buyers who do not require hotel accommodations at a rate of $300 per person.  To those who close on a condo that was placed under contract within 3 months of the tour, I would credit half the cost of the condo tour package at closing for those requiring hotel accommodations and the full cost to those paying the $300 rate.

I’d love to get your feedback about this idea, and I’m open to suggestions regarding the buildings that will be included in the tour.  Please add your thoughts in the comments section and use the second poll below to vote on the buildings that you’d like to see on the tour (you may select multiple buildings when voting).  I’m hoping to get around 20-25 interested parties in order to set this plan into motion.

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