Few places in the world can compare to Miami Beach's renowned neighborhood, South of Fifth. With its gorgeous parks and beaches, five-star condominiums and lively restaurants, South of Fifth offers the best of everything.

There is a lot to celebrate as we enjoy the summer season. We are very pleased that the South of Fifth market has continued to show strength in both price and sales activity. South of Fifth has not only weathered a difficult economy - it has bounced back, showing that it is both a solid long-term investment as well as a beautiful place to live.

As the largest regional and global network of real estate experts, Douglas Elliman has a way of understanding your home and what makes it unique. With a powerful combination of talent and technology, we have the experience, insight and access to guide you skillfully from beginning to end. For all of your real estate needs, put the power of Douglas Elliman to work for you. Visit us at our South of Fifth neighborhood office located at 135 Ocean Drive.

Here's to a fabulous Summer!

SOUTH OF FIFTH IS A VERY SPECIAL PLACE THAT WE ARE SO PROUD TO CALL OUR HOME.

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ASKELLIMANOur talented marketing team has recently launched a sophisticated and powerful branding campaign to cre-ate a strong presence in the mind of

MIAMI | MIAMI BEACH | FORT LAUDERDALE | BOCA RATON | PALM BEACH | NEW YORK

the consumer and to generate maxi-mum exposure for both regional and international audiences. The Elliman brand employs a modern, clean, and stylish format to display your exclu-sives in the most impressive manner.

The “Ask Elliman” campaign pres-ents a series of compelling, timely questions and thought-provoking statements to address the complex issues related to buying, selling, and renting real estate.

ELLIMAN MAGAZINEIn conjunction with our new brand campaign, we have completely rede-signed our magazine, ELLIMAN, with a sleek, cutting-edge layout, exciting new content, and unprecedented print quality. We have incorporated editorial and lifestyle content by the world’s most influential stylemak-ers, historians and market specialist to make ELLIMAN a compelling read in addition to a thoughtfully curated showcase of our most exclusive homes. The new design places the magazine in a category distinctly our own. Published twice a year, it enjoys

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unprecedented exposure through distribution of over 280,000 copies to select subscribers of The New York Times, New York Observer and Newsday. Additionally, it is distrib-uted to select clientele throughout South Florida. It is also available as a sleek standalone iPad app (Elliman Magazine on the AppStore) and online flip-book on ellimanflorida.com.

ELLIMAN REPORTWe pride ourselves as the go-to source for market intelligence. Our acclaimed Elliman Report is produced in conjunction with leading indepen-dent appraisal firm Miller Samuel. As the benchmark for residential real es-tate market information, the Elliman Report is an essential reference source for consumers, the media, f inancial institutions, government agencies, researchers and other market professionals. Each market report provides quarterly and annual analysis of price and sales trends as wel l as other metr ics to prov ide readers with current market con-ditions and historical and emerging market trends.

SALES | RENTALS | RELOCATION | NEW DEVELOPMENTS | PROPERTY MANAGEMENT

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ELLIMANFLORIDA.COMToday’s buyers often see a property first on the internet. With the most sophisticated digital marketing team in the industry, we ensure that all our exclusive listings are receiving the most prominent placement on the most heavily-trafficked real estate and luxury-related websites. And with the expertise to optimize our site and our listings, we ensure that anyone searching online will see our properties in a dynamic and engag-ing way.

LEVERAGING SOCIAL MEDIA TO CREATE A NETWORK EFFECT WITH EXPONENTIAL REACHAt Douglas El l iman, we of fer a comprehensive online strategy for connecting properties to their ideal buyers. Through our interactive Face-book, Twitter, YouTube, blogging and LinkedIn platforms, we generate the ideal network effect to attract buyers to our exclusive listings. And it’s a good thing we do because the U.S. social media audience has grown 37% in the past year with more than

MIAMI | MIAMI BEACH | FORT LAUDERDALE | BOCA RATON | PALM BEACH | NEW YORK

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700 million active users on Facebook(1) and more than 289 million people reading blogs(2)!

FIND US AT:EllimanFlorida.com and Elliman.com facebook.com/ellimanfloridatwitter.com/ellimanflorida youtube.com/ellimanflorida linkedin.com/company/90602

WE ADVERTISE LIKE NO OTHER FIRMAt Douglas Ell iman, we provide unmatched national and local ad-vertising opportunities to achieve the greatest exposure. As part of the listing network, all of our exclusive list-ings will be distributed and displayed through prime advertising outlets. At Douglas Elliman we employ an aggressive strategy to attract home buyers to our listings. To complement our unrivaled print media presence, we utilize an equally robust online advertising program that places your listings on some of the most traffic-rich environments on the web.

Sources: (1) Facebook.com, 2011 (2) ComScore.com 2011

SALES | RENTALS | RELOCATION | NEW DEVELOPMENTS | PROPERTY MANAGEMENT

CONTENTS

ASK ELLIMAN 2

APOGEE 7

CONTINUUM NORTH 8

CONTINUUM SOUTH 9

ICON 10

MURANO AT PORTOFINO 11

YACHT CLUB AT PORTOFINO 12

PORTOFINO 13

COURTS 14

COSMOPOLITAN 15

SOUTH POINTE TOWER 16

MURANO GRANDE 17

SOUTH FLORIDA OFFICE LOCATIONS 19

TEAM ELLIMAN 20

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7Compiled by Arno De Vos, Douglas Elliman

APOGEE | 800 SOUTH POINTE DRIVE

CLOSED SALES | 3Q10-2Q11 CLOSED SALES | 3Q11-2Q12

BEDS UNITS SOLD AVG $ PER SQ FT BEDS UNITS SOLD AVG $ PER SQ FT

3 2 $1,694 3 3 $1,919 4 2 $1,529 4 3 $1,980 6 1 $1,678 6 0 $0

TOTAL 5 $1,625 6 $1,949

CARLO GAMBINO | 305.467.1677 | cgambino@ellimanflorida.com KAYCE DRISCOLL | 305.401.6100 | kdriscoll@ellimanflorida.com

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8 Compiled by Arno De Vos, Douglas Elliman

CONTINUUM NORTH | 50 SOUTH POINTE DRIVE

CLOSED SALES | 3Q10-2Q11 CLOSED SALES | 3Q11-2Q12

BEDS UNITS SOLD AVG $ PER SQ FT BEDS UNITS SOLD AVG $ PER SQ FT

0 0 $0 0 1 $656 1 2 $842 1 2 $1,057 2 11 $913 2 14 $1,127 3 4 $1,357 3 2 $1,402 4 5 $1,301 4 2 $1,442 5 1 $1,226 5 1 $2,547

TOTAL 23 $1,082 22 $1,217

JAMIE GOFF | 305.978.5622 | jgoff@ellimanflorida.comJORGE ALONSO | 305.479.0164 | jalonso@ellimanflorida.com

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9Compiled by Arno De Vos, Douglas Elliman

CONTINUUM SOUTH | 100 SOUTH POINTE DRIVE

CLOSED SALES | 3Q10-2Q11 CLOSED SALES | 3Q11-2Q12

BEDS UNITS SOLD AVG $ PER SQ FT BEDS UNITS SOLD AVG $ PER SQ FT

1 3 $738 1 4 $1,141 2 15 $919 2 16 $1,134 3 11 $1,029 3 11 $1,407 4 2 $1,498 4 2 $1,356

TOTAL 31 $978 33 $1,240

PETER BELMONTE | 305.335.1981 | pbelmonte@ellimanflorida.comTY FORKNER | 305.502.7103 | tforkner@ellimanflorida.com

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10 Compiled by Arno De Vos, Douglas Elliman

ICON

CLOSED SALES | 3Q10-2Q11 CLOSED SALES | 3Q11-2Q12

BEDS UNITS SOLD AVG $ PER SQ FT BEDS UNITS SOLD AVG $ PER SQ FT

1 4 $480 1 2 $761 2 20 $537 2 11 $663 3 6 $695 3 5 $750 4 2 $670 4 0 $0 5 1 $690 5 0 $0

TOTAL 33 $572 18 $698

CHAD CARROLL | 614.668.1478 | ccarroll@ellimanflorida.comKASIA WESZCZAK | 305.332.9922 | kweszczak@ellimanflorida.com

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11Compiled by Arno De Vos, Douglas Elliman

MURANO AT PORTOFINO

CLOSED SALES | 3Q10-2Q11 CLOSED SALES | 3Q11-2Q12

BEDS UNITS SOLD AVG $ PER SQ FT BEDS UNITS SOLD AVG $ PER SQ FT

1 2 $543 1 2 $458 2 9 $699 2 3 $937 3 10 $843 3 3 $968

TOTAL 21 $753 8 $829

IVAN HERNANDEZ | 305.490.0028 | ihernandez@ellimanflorida.comCHRISTIAN KAWAS | 305.608.6681 | ckawas@ellimanflorida.comMARIO OJEDA | 305.790.6168 | mojeda@ellimanflorida.com

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12 Compiled by Arno De Vos, Douglas Elliman

YACHT CLUB AT PORTOFINO

CLOSED SALES | 3Q10-2Q11 CLOSED SALES | 3Q11-2Q12

BEDS UNITS SOLD AVG $ PER SQ FT BEDS UNITS SOLD AVG $ PER SQ FT

1 8 $426 1 8 $546 2 13 $495 2 12 $537 3 3 $519 3 1 $960

TOTAL 24 $475 21 $561

PAUL BASILE | 305.582.6426 | pbasile@ellimanflorida.comLUIS REYES | 786.222.1215 | lreyes@ellimanflorida.com

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13Compiled by Arno De Vos, Douglas Elliman

PORTOFINO

CLOSED SALES | 3Q10-2Q11 CLOSED SALES | 3Q11-2Q12

BEDS UNITS SOLD AVG $ PER SQ FT BEDS UNITS SOLD AVG $ PER SQ FT

1 1 $601 1 3 $449 2 6 $628 2 5 $655 3 6 $537 3 11 $713 4 0 $0 4 1 $732 5 0 $0 5 1 $1,047

TOTAL 13 $584 21 $678

ARNO DE VOS | 305.432.1479 | adevos@ellimanflorida.comLAURA STEINBRUCKNER | 305.213.9571 | lsteinbruckner@ellimanflorida.com

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14 Compiled by Arno De Vos, Douglas Elliman

THE COURTS

CLOSED SALES | 3Q10-2Q11 CLOSED SALES | 3Q11-2Q12

BEDS UNITS SOLD AVG $ PER SQ FT BEDS UNITS SOLD AVG $ PER SQ FT

2 3 $426 2 8 $450 3 8 $385 3 5 $430 4 1 $495 4 0 $0

TOTAL 12 $404 13 $442

ANDRO MATEU | 305.458.6595 | amateu@ellimanflorida.com

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15Compiled by Arno De Vos, Douglas Elliman

COSMOPOLITAN

CLOSED SALES | 3Q10-2Q11 CLOSED SALES | 3Q11-2Q12

BEDS UNITS SOLD AVG $ PER SQ FT BEDS UNITS SOLD AVG $ PER SQ FT

1 6 $371 1 13 $423 2 9 $396 2 5 $429

TOTAL 15 $386 18 $424

YOSMAR MARTINEZ | 510.388.2373 | ymartinez@ellimanflorida.comROBERT SUAREZ | 305.439.4965 | rsuarez@ellimanflorida.com

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16 Compiled by Arno De Vos, Douglas Elliman

SOUTH POINTE TOWER

CLOSED SALES | 3Q10-2Q11 CLOSED SALES | 3Q11-2Q12

BEDS UNITS SOLD AVG $ PER SQ FT BEDS UNITS SOLD AVG $ PER SQ FT

1 4 $585 1 4 $642 2 6 $610 2 13 $626 3 3 $477 3 0 $0

TOTAL 13 $571 17 $630

SCOTT VOELKER | 305.733.0988 | svoelker@ellimanflorida.comLUXMI CHANSRICHAWL | 305.510.0339 | luxmi@ellimanflorida.com

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17Compiled by Arno De Vos, Douglas Elliman

MURANO GRANDE

CLOSED SALES | 3Q10-2Q11 CLOSED SALES | 3Q11-2Q12

BEDS UNITS SOLD AVG $ PER SQ FT BEDS UNITS SOLD AVG $ PER SQ FT

2 24 $551 2 19 $532 3 12 $623 3 2 $814 4 2 $745 4 2 $758

TOTAL 38 $584 23 $577

DEAN BLOCH | 917.848.9485 | dbloch@ellimanflorida.comMICHAEL VERTZ | 305.942.8450 | mvertz@ellimanflorida.com

SOUTH FLORIDA OFFICE LOCATIONS

1111 LINCOLN ROADSuite 805, Miami Beach, FL 33139305.695.6300

135 OCEAN DRIVEMiami Beach, FL 33139305.695.6007

1626 JEFFERSON AVENUEMiami Beach, FL 33139305.531.9277

1200 BRICKELL BAY DRIVESuite 106, Miami, FL 33131305.695.6300

1750 N BAYSHORE DRIVEMiami, FL 33132305.503.1000

444 E PALMETTO PARK ROADBoca Raton, FL 33432561.245.2799

912 EAST BROWARD BOULEVARDSuite C, Fort Lauderdale, FL 33301954.300.9898

340 ROYAL POINCIANA WAYSuite 322-A, Palm Beach, FL 33488561.655.8600

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FOR GUIDANCE AND INSIGHT IN ALL THINGS REAL ESTATE, ASK ELLIMAN. TEAMELLIMAN

ANDRO MATEUSPECIALIZING IN THE COURTS

O : 305.695.6300C : 305.458.6595 amateu@ellimanflorida.com

ARNO DE VOSSPECIALIZING IN PORTOFINO

O : 305.695.6300C : 305.432.1479 adevos@ellimanflorida.com

CARLO GAMBINOSPECIALIZING IN APOGEE

O : 305.695.6300C : 305.467.1677 cgambino@ellimanflorida.com

CHAD CARROLLSPECIALIZING IN ICON

O : 305.695.6300C : 614.668.1478 ccarroll@ellimanflorida.com

DEAN BLOCHSPECIALIZING IN MURANO GRANDE

O : 305.695.6300C : 917.848.9485 dbloch@ellimanflorida.com

IVAN HERNANDEZSPECIALIZING IN MURANO AT PORTOFINO

O : 305.695.6300C : 305.490.0028 ihernandez@ellimanflorida.com

JAMIE GOFFSPECIALIZING IN CONTINUUM NORTH

O : 305.695.6300C : 305.978.5622 jgoff@ellimanflorida.com

JORGE ALONSOSPECIALIZING IN CONTINUUM NORTH

O : 305.695.6300C : 305.479.0164 jalonso@ellimanflorida.com

KASIA WESZCZAKSPECIALIZING IN ICON

O : 305.695.6300C : 305.332.9922 kweszczak@ellimanflorida.com

CHRISTIAN KAWASSPECIALIZING IN MURANO AT PORTOFINO

O: 305.695.6300C: 305.608.6681ckawas@ellimanflorida.com

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KAYCE DRISCOLLSPECIALIZING IN APOGEE

O : 305.695.6300C : 305.401.6100 kdriscoll@ellimanflorida.com

LAURA STEINBRUCKNERSPECIALIZING IN PORTOFINO

O : 305.695.6300C : 305.213.9571 lsteinbruckner@ellimanflorida.com

LUIS REYESSPECIALIZING IN YACHT CLUB AT PORTOFINO

O : 305.695.6300C : 786.222.1215 lreyes@ellimanflorida.com

LUXMI CHANSRICHAWLSPECIALIZING IN SOUTH POINTE TOWER: 400 SOUTH POINTE

O : 305.695.6300C : 305.510.0339 luxmi@ellimanflorida.com

MARIO OJEDASPECIALIZING IN MURANO AT PORTOFINO

O : 305.695.6300C : 305.790.6168 mojeda@ellimanflorida.com

MICHAEL VERTZSPECIALIZING IN MURANO GRANDE

O : 305.695.6300C : 305.942.8450 mvertz@ellimanflorida.com

PAUL BASILESPECIALIZING IN YACHT CLUB AT PORTOFINO

O : 305.695.6300C : 305.582.6426pbasile@ellimanflorida.com

PETER BELMONTESPECIALIZING IN CONTINUUM SOUTH

O : 305.695.6300C : 305.335.1981 pbelmonte@ellimanflorida.com

ROBERT SUAREZSPECIALIZING IN COSMOPOLITAN

O : 305.695.6300C : 305.439.4965 rsuarez@ellimanflorida.com

SCOTT VOELKERSPECIALIZING IN SOUTH POINTE TOWER: 400 SOUTH POINTE

O : 305.695.6300C : 305.733.0988svoelker@ellimanflorida.com

TY FORKNERSPECIALIZING IN CONTINUUM SOUTH

O : 305.695.6300C : 305.502.7103tforkner@ellimanflorida.com

YOSMAR MARTINEZSPECIALIZING IN COSMOPOLITAN

O : 305.695.6300C : 305.388.2373 ymartinez@ellimanflorida.com

With strategic locations in Miami, Fort Lauderdale, Boca Raton and Palm Beach, Douglas Elliman is rapidly expanding throughout South Florida. By harnessing the strength of the New York network of over 3,800 real estate agents, we connect buyers, sellers, and renters with the finest properties from Miami Beach to Manhattan. Put the power of Elliman to work for you. Visit us at ellimanflorida.com or call 800.ELLIMAN.

GREAT HOMES MAKE GREAT MEMORIES. FIND YOURS.

©2012. Owned and operated by douglas elliman florida, llc. Equal housing opportunity. All material presented herein is intended for information purposes only.

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1111 Lincoln Road, Suite 805, Miami Beach, Fl 33139