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-   -   The "NEW" 188th Street. (https://www.offshoreonly.com/forums/general-boating-discussion/193112-new-188th-street.html)

Cash Bar 08-12-2008 07:01 PM

The "NEW" 188th Street.
 
We all had a good cry when the demolished our place of worship.


Just thought I would pass along what has taken it's place.

It's pretty amazing. Closings begin next month. I will try to get some finished pics.


www.artechmiami.com


:)

socalstone 08-12-2008 07:13 PM

Nice digs. looks good.
They should have a "Thunderboat Row" memorial in there somewhere....

Cash Bar 08-12-2008 07:16 PM


Originally Posted by socalstone (Post 2652025)
Nice digs. looks good.
They should have a "Thunderboat Row" memorial in there somewhere....


They will if I can do anything about it. :ernaehrung004:


Maybe a true believer tossed one of the Madallions in there when they were building it. Like the RedSux jersey in Yankee stadium. :cool:

Jassman 08-12-2008 07:22 PM


Originally Posted by Cash Bar (Post 2652008)
We all had a good cry when the demolished our place of worship.


Just thought I would pass along what has taken it's place.

It's pretty amazing. Closings begin next month. I will try to get some finished pics.


www.artechmiami.com


:)


DAMN..Georgeous place..Very Impressive..nude sunbathing on upper level I presume:grinser010:...What's the numbers Greg...

clambake 08-12-2008 07:45 PM

Amazing my a**.

open87 08-12-2008 07:48 PM

don must be rolling in his grave...

bojoe2 08-12-2008 08:09 PM

nice but it should had a big # 1 on the front like cig :drink:

Hot Duck 08-12-2008 10:59 PM

Ok, they kick out all of the boat builders and then build a building that looks like boat. Is it me or does that building look like a cruise ship? Maybe we need to get as many units/slips there as possible and line that dock with go fasts!

Cash Bar 08-13-2008 01:43 PM


Originally Posted by Hot Duck (Post 2652319)
Maybe we need to get as many units/slips there as possible and line that dock with go fasts!


I am doing my best to make that happen. The place rocks. There are 27 units still available. I would be in the line if I didn't love Palm Beach county.

Jassman- The average price for a unit is hovering near $1.4 million.

If you look at the website though I think you can see the value per square foot.

baddogz28 08-13-2008 01:53 PM

It's as long as 360 'callaway putting irons' or 72 'Porches.'


:D

T2x 08-13-2008 02:16 PM


Originally Posted by CIGARETTE 1972 (Post 2652078)
don must be rolling in his grave...

I doubt it...He made his money in real estate development originally, and must have known the eventual fate of that spit of land lay in condo's. He would simply have moved on..........like Cigarette has done.

T2x

marinaseeker 08-13-2008 03:00 PM

Artech? They have quite a few lawsuits against them from people who don't want to close. They have been having problems for months. The building looks good, but it is not the highest quality inside. The location is NOT worth over a million bucks. It's down an over built concrete jungle street, with that other disaster ,Marina Lofts, right across the street. You have a school right down the street. Traffic gets horrendous there. Most people who put deposits down on the place, did so at the top of the market. They could not get near a million bucks for their condos now. Thats why the lawsuits. From what I hear, they have many more than 27 units left. I never believe the developers numbers. For the money, there are many better locations to choose from. Half the units in Aventura are either for sale, or being forclosed on. Maintenance and assessments are becoming out of sight.
My Opinion...Not.

lucky strike 08-13-2008 03:11 PM

Looks like a cruise ship in port tied to the dock 4 sure.

BOBCATMATHEWS 08-13-2008 03:17 PM

built with the finest mexican labor, at a fraction of the pay!!!

rainmn 08-13-2008 03:21 PM


Originally Posted by BOBCATMATHEWS (Post 2652955)
built with the finest mexican labor, at a fraction of the pay!!!

Doesn't sound all that different from boat construction. :party-smiley-004:

Strip Poker 388 08-13-2008 03:31 PM

Cash Bar take some picks when ya can

Rob:ernaehrung004:

DollaBill 08-13-2008 03:37 PM


Originally Posted by marinaseeker (Post 2652941)
Artech? They have quite a few lawsuits against them from people who don't want to close. They have been having problems for months. The building looks good, but it is not the highest quality inside. The location is NOT worth over a million bucks. It's down an over built concrete jungle street, with that other disaster ,Marina Lofts, right across the street. You have a school right down the street. Traffic gets horrendous there. Most people who put deposits down on the place, did so at the top of the market. They could not get near a million bucks for their condos now. Thats why the lawsuits. From what I hear, they have many more than 27 units left. I never believe the developers numbers. For the money, there are many better locations to choose from. Half the units in Aventura are either for sale, or being forclosed on. Maintenance and assessments are becoming out of sight.
My Opinion...Not.

Thats the case with all developers and the condo market. Make an offer, all they can say is NO

marinaseeker 08-13-2008 03:38 PM

That was the original gimmick to sell the place......build it to look like a boat....and they would have two Italian yachts on the site. When you bought a unit, you would also have the right for fractionalized use of the yacht at certain pre-arranged times of the year....like a time share. Alleviates the hassle and expense of owning your own boat.....geared to the international buyer.......Now???? Just another struggling, overpriced South Florida Condo development. Hell, ALL developments look awsome in their adds and on their websites.

Jupiter Sunsation 08-13-2008 04:33 PM


Originally Posted by marinaseeker (Post 2652980)
That was the original gimmick to sell the place......build it to look like a boat....and they would have two Italian yachts on the site. When you bought a unit, you would also have the right for fractionalized use of the yacht at certain pre-arranged times of the year....like a time share. Alleviates the hassle and expense of owning your own boat.....geared to the international buyer.......Now???? Just another struggling, overpriced South Florida Condo development. Hell, ALL developments look awsome in their adds and on their websites.

That isn't a great spot by land or water. The canal is an offshoot of the ICW and the access by land has a lot of traffic. It is a cool design but I would want a better view for 1.4mm.

marinaseeker 08-13-2008 05:06 PM

I called a prominent broker in the Aventura area who knows the building and some of the clients well. He told me that many of the things the developer promised didn't materialize. Clients do not want to close. The units are about $400, to $500 thousand dollars overpriced for the area, and the quality of the building itself is poor.

DollaBill 08-13-2008 05:49 PM

So you obviously have a personal bone to pick marina. Cash Bar is in RE and keeps lots of things posted for many members who are looking for deals in SO FL.

We get it, you don't like the project

marinaseeker 08-13-2008 06:13 PM


Originally Posted by DollaBill (Post 2653133)
So you obviously have a personal bone to pick marina. Cash Bar is in RE and keeps lots of things posted for many members who are looking for deals in SO FL.

We get it, you don't like the project

I have no personal bone to pick. I am in real estate too....and I live in Aventura. I just know the building, and I know whats going on with it. I tell it like I see it. I appreciate someone looking for deals for the members here, but honestly, this is not a deal. I don't like to see people get sucked in with hype. He (Cash Bar) may really believe what he has been told about the development. But I actually live in its midst, and I know the people involved. It's not personal at all.

Cash Bar 08-13-2008 10:19 PM

No biggie, I am just monitoring it for a potential bulk-buyer.

I know of 27 units "currently" available. And I am sure many will not close. I figure 60ish of the 234 will ultimately be available at a SUBSTANTIAL discount.

Now, I only posted it HERE so members could see what it has become.

No harm, no foul, marinaseeker. :cool:


Now, on the other hand, I have a few people looking at BULK of all styles. Anything you think POPS please let me know.

Greg

marinaseeker 08-14-2008 12:32 PM


Originally Posted by Cash Bar (Post 2653294)
No biggie, I am just monitoring it for a potential bulk-buyer.

I know of 27 units "currently" available. And I am sure many will not close. I figure 60ish of the 234 will ultimately be available at a SUBSTANTIAL discount.

Now, I only posted it HERE so members could see what it has become.

No harm, no foul, marinaseeker. :cool:


Now, on the other hand, I have a few people looking at BULK of all styles. Anything you think POPS please let me know.

Greg

Will Do.....I apologize for any misunderstanding with you personally.....I always enjoy reading your posts......best of luck in the RE market.

Cash Bar 08-14-2008 01:23 PM


Originally Posted by marinaseeker (Post 2653588)
I always enjoy reading your posts......

You must be the only one. :eek::cool:

thisistank 08-15-2008 12:19 AM


Originally Posted by Cash Bar (Post 2653624)
You must be the only one. :eek::cool:

LOL!

That building looks cool. I was there in Nov.when it was still under construction (thus my avatar). It's def. interesting looking (I like it). The area does have a lot of traffic (but then again what doesn't in biscayne bay/Miami? If it was like half the price I could see it being worth it to buy as a vacation spot.

I'd love to own there but for 1.4....Whew...nope.


Very cool design though.

Cash Bar 08-16-2008 01:47 PM


Originally Posted by thisistank (Post 2654094)
LOL!



I'd love to own there but for 1.4....Whew...nope.

Stay tuned. :drink:

thedonz 08-16-2008 07:16 PM

Cash, next time you are at the building, swing by the shop,at Hi-Lift Marina....we are close to the beginning of that street as it turns off of 187 St.........we keep an eye on that building from the water :drink:

Cash Bar 08-17-2008 01:04 PM

Will do.

Possibly this week. :cool:

Sean 08-17-2008 05:46 PM

Cash Bar,

Where can one find "deals" such as foreclosures, etc in this area? We are considering something on the water with a lift...or at least the ability to install a lift. condos? houses? What's the best route?

LAKESIDE RESTORATIONS 08-18-2008 06:54 AM


Originally Posted by Hot Duck (Post 2652319)
Ok, they kick out all of the boat builders and then build a building that looks like boat. Is it me or does that building look like a cruise ship? Maybe we need to get as many units/slips there as possible and line that dock with go fasts!

It does look like that.. Interesting to see what is going on down there these days.. J

Cash Bar 08-18-2008 12:31 PM


Originally Posted by Sean (Post 2655702)
Cash Bar,

Where can one find "deals" such as foreclosures, etc in this area? We are considering something on the water with a lift...or at least the ability to install a lift. condos? houses? What's the best route?


Sign up at Realty Trac. They list most FC properties.

On the other hand, I know where the best deals are that can help avoid delays and problems that dealing with the banks presents.

I also know FC and Short-sale listings by canal and idle time.

Let me know if I can help.

A few members have already used my services for WF properties.


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