Rapid Fire Questions with Miami Real Estate Power Duo: The Schwartz Team
Ida and Minette Schwartz, the dynamic mother-daughter duo behind The Schwartz Team at Compass, have quietly cultivated a reputation for expertly closing deals with discretion. As one of the leading real estate teams in South Florida, they have had a front-row seat to the area’s evolution into the world class city it is today. With decades of combined experience selling luxury properties in the Magic City, and calling the community home, they are intimately familiar with everything there is to know about one of the world’s most sought after destinations. We sat down with the duo to get their take on our rapid fire questions.
What neighborhoods do you specialize in?
Miami Beach, Bal Harbour, Bay Harbor and Coconut Grove.
In one word, how would you describe the South Florida market?
Dynamic.
What is selling right now?
Luxury new construction homes over $7 million decked out with the latest upgrades and amenities.
What is not?
Condos built before 1980.
What is the single most important factor for luxury buyers when purchasing a home?
Location, location, location.
What are the most desirable amenities that luxury buyers look to enjoy the Miami lifestyle?
Waterfront privacy, beachfront access, and white-glove concierge services.
How does discretion play a role in your business?
Our lips are sealed! Client confidentiality is our creed.
How do you source off-market properties for your clients?
Tapping our vast network of cultivated connections. That’s where the off-market property vault lies.
What new luxury developments are you most excited about?
The Shore Club in Miami Beach and Rivage Bal Harbour.
Are you seeing more interest in sustainable luxury properties?
Not at the moment but wellness features are still hot.
What is the next hot neighborhood?
Bay Harbor Islands. The central location and walkability is unmatched. Value-wise it’s the best bang for your buck when looking at luxury properties in Miami.
How important is access to private clubs for your luxury clientele?
As long as private clubs and social clubs continue to unlock valuable networking opportunities, very important!
If you had to bring an outsider to one under-the-radar spot in Miami, where would you take them?
For a nice little cruise. It’s the best way to showcase the lifestyle of the city. No cars needed, that's the beauty of Miami. You can literally live on the water and just boat around everywhere.
Do you think South Florida’s real estate market will slow down any time soon?
Not a chance. The quality of life here is second to none. It blows any other city in the U.S., maybe even the world, out of the water.
What is your current obsession?
Taylor Swift, everything linen, CocoWalk in Coconut Grove.
Favorite fitness class?
Pilates.
Most under the radar spot in Miami?
Ocean Grill at The Setai, Miami Beach.
Most overrated?
Most places on Ocean Drive.
Your morning routine?
An early walk on Miami Beach’s oceanfront boardwalk while making work calls.
Favorite person to follow on social media?
Karlie Kloss.