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Kaya Wittenburg
Sky Five Properties CEO

   

Welcome to Sky Five Properties

Sky Five Properties provides cutting-edge market intelligence, supreme negotiation capabilities and superior dedication to you. We are the gateway to selling Miami real estate to the world through the most sophisticated network of agents and market specialists in the country. Whether you are looking to find luxurious condos for sale in Miami, waterfront homes for sale in Miami Beach or any other type of prime investment property, Sky Five will deliver exceptional, life-changing results.

In particular, we are experts in the highly sought-after communities of La Gorce Island, Pinetree Drive, Star Island and the Venetian Islands. These luxury communities are highly sought-after, and we have the knowledge to give you an unprecedented buying advantage. Each community has its own special character and with our diverse base of agents and Rolodex of buyers and sellers, we are able to deliver exceptional opportunities. Whether you are a first-time buyer looking for a starter home or a highly experienced buyer looking for a Fisher Island real estate, we have the outreach to deliver outstanding results.

As South Florida continues to grow, we keep a watchful eye on the key economic indicators that are critical to understanding market trends. When some communities buck the overall trend, we do the research to get to the bottom of the how and why of the micro-cycle. You won’t find another Miami real estate broker with this level of sophistication.

As you dive into our website, you’ll see that every bit of necessary analytical data has been formulated on the page and updated in real time. When clicking into an individual condo or house for analysis, you’ll be able to track the exact amount of monthly expenses for holding the property including homeowners association dues, property taxes and any principal & interest from a mortgage.

Once you have made progress in searching through our super-site of Miami luxury real estate, be sure to contact us. The greatest real estate investors will all tell you one common fact: success in real estate is predicated by the quality of your team. The Sky Five team has direct experience in closing thousands of luxury condos, condo hotels and homes in the beautiful region of South Florida. Together, we will form an unstoppable team that will bring your dream property into your life.

Start now. Change your life.

Click here to form your team now! An elite Sky Five Acquisitions Expert is standing by.

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MARKET INTELLIGENCE

Enjoy researching the most current market intelligence. We pride ourselves on being the leader in bringing you up-to-the-minute data on South Beach condos, waterfront homes
and more. Information is power, and Sky Five is dedicated to making you the most knowledgeable and powerful individual amongst your group of friends and family.

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Latest from the blog

Real Estate Trends in Cincinnati, OH: Everything You Need To Know Before Making Investments
January 26

Average property prices in Cincinnati have been steadily rising over the past two years. What is more, in August 2021, homes sold in the area stayed on the market for only 21 days on average, ranking just behind Omaha, NE for the shortest time on the market. According to top realtors in Cincinnati OH, the city and the surrounding area are now experiencing massive demand for housing. This is directly reflected in the owner/renter ratio: more than 50% of the households in Cincinnati are rented. If you look to invest in real estate in the Cincinnati area, here are some key facts to know.

 

Source: https://unsplash.com/photos/9rYfG8sWRVo

Key facts

  • Around 309,000 people live in the city and over 2.2 million in the metropolitan area.
  • The Cincinnati metro area (aka the Cincinnati Tri-State area) centered on Cincinnati includes Ohio, Kentucky, and Indiana counties.
  • Population in Cincinnati rose by 3% between 2010 and 2017 and keeps on increasing.
  • The city hosts 121 public schools rated good and higher (GreatSchools). There are also 41 private and charter schools.
  • The cost of living in the Cincinnati metropolitan area is 9% below the national average.
  • Cincinnati has the 7th largest economy in the Midwest.
  • It ranks as one of the 40 best places for living in the U.S.
  • The two major employers include The Kroger Company (over 21,000 employees) and the University of Cincinnati (around 15,000 people). Also, Cincinnati is home to several Fortune 500 companies such as Procter & Gamble and Macy’s.
  • The most common housing units in Cincinnati are two-bedroom single-family detached homes. Other dominating housing types include apartment complexes, duplexes, and row houses.

Real estate trends in Cincinnati, OH

According to Forbes, the Cincinnati area is one of Ohio’s three hottest real estate markets. It’s no surprise since the Cincinnati housing market can boast remarkable performance metrics, including affordability, sale and list price, days on the market, sales-to-list price ratio, and economic environment. Here are some key stats on the real estate market in Cincinnati, OH:

  • Home values in Cincinnati have risen by 18.5% over 2021 and 60.3% over the past five years.
  • As of December 2021, there were 1,842 homes for sale in the city, with the most expensive one for $6.9M.
  • There are 50 neighborhoods in Cincinnati. The most expensive one is Mount Lookout, with the median listing price of $492K, and the most affordable one for purchasing a home is East Price Hill, with the median listing price of $126K.
  • The median listing home price reached $219.9K in December 2021.
  • The median listing home price per square foot is around $138.
  • The median sales price is $240,000.https://www.fastexpert.com/

A favorable city for renters

  • Average rent: $1,040 per month (as of May 2021).
  • Two-thirds of the rental units in Cincinnati have monthly rents of $1,000 and under. The most expensive neighborhoods for renting are Over-The-Rhine, Pendleton, and Mount Auburn ($1,522 – $1,580 / month), and the most affordable ones are Sayler Park, Queensgate, and West End Cincinnati ($1,522 – $1,580 / month)
  • Rents in the city have grown by 2% year-over-year.

Source: https://unsplash.com/photos/NLbMgDBio4Y

Final thoughts

One of the nation’s most affordable real estate markets, Cincinnati makes for an attractive investment solution. More than half of households in Cincinnati rent, and it is expected that the city’s rental market will keep on growing in the near future. So if your goal is to make a profit, there is no need to invest in the most expensive property in Cincinnati to generate sufficient passive income from rents.

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Unique Flooring Ideas for Your Home Inspiration
January 26

Flooring is inarguably among the most crucial elements of interior design. It is one of the first parts of the home a person makes contact with, visually, and physically.

This makes it crucial to invest in quality flooring that will look beautiful for long taking foot traffic without succumbing to scratches and other forms of impact.

So, are you looking to install new flooring in your home, or perhaps seeking flooring remodel ideas? Read on below for some ideas that might inspire you.

1. Go Hybrid for a Unique Look of Timber

Perhaps the best thing about timber floors is the unique, beautiful, and natural look they bring into your home. They are also relatively tough and durable, healthier, and easier to clean compared to other flooring options like carpets.

The main downside is that timber floors can sometimes be delicate, plus installation can be overly taxing. This is where hybrid flooring comes in as a great alternative.

Made from compressed layers of materials like vinyl and laminate, this type of flooring provides most if not all the benefits realized from timber flooring.

Apart from being easy to install, hybrids also come in a range of different sizes, colors, and finishes to choose from depending on your budget. Besides the unique look they provide in each room, the surface is also highly scratch-resistant and waterproof.

2. Extend Your Flooring Outside For Some Continuity

Having a patio in your home is advantageous in many ways. Besides making your property more attractive, it is that place where you can relax, get some fresh air or a good dose of natural vitamin D from sunshine every once in a while.

With some decking in this and other areas around your house, the outdoor space becomes more appealing and functional.

Flooring that resembles your living room flooring in the outdoors or patio can create a sense of projected space when one looks through the glass, thus introducing flow and continuity. There are many different outdoor flooring options to pick from, including composite, ceramic tiles, artificial grass, concrete paving, and a lot more.

3. Imitate Wood with Ceramic Tiles

Ceramic tiles are another great option to consider for your interior flooring. Today’s ceramic tiles come in a broad range of colors to pick from, including those that mimic the look of wooden flooring.

The best part is that ceramic tile flooring has many benefits besides versatile designs and colors. For instance, it is quite affordable, easy to maintain, and fire-resistant.

It is also among the healthiest flooring options, especially due to its slip-resistant and hypoallergenic properties. They can also be installed to match other flooring designs. To create a retro look or an industrial trend in your home patterned ceramic tiles are the way to go.

4. Bring the Outdoors inside Using Vinyl Grass Flooring

Nothing is more comforting than bringing nature inside your home. While most people achieve this by introducing houseplants like the fiddle leaf plant, you could achieve even more using flooring.

For instance, you could use vinyl flooring with a natural, outdoorsy look. This is often called grass effect vinyl flooring, which you could install at a dedicated space in your home to create that outdoor effect.

The importance of flooring on a home’s value and attractiveness cannot be overlooked. If you’re about to take up a flooring remodel or installation project, the above ideas will hopefully get you inspired!

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