January 5th, 2009
2008 is in the books. Whew!! So what are the statistics about the condos for sale in Miami- Dade county?
Short Sale Miami condos are often foreclosed upon by the lender before…
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Miami-Dade County, Florida
December 30, 2008
I hope you made it through the calorie blasts of the Holidays unscathed!! The New Years Day
weather forecast is for highs in the high 70’s and sunny…of course!
Todays Update will be brief as we are only including our latest Bank Owned Miami Condos list click here. The list is much larger than normal, you may want to bookmark it as we are now updating it weekly.
This week there are…
December 14, 2008
On September 15th of this year we posted an article on the Brickell Key condominiums which included a graph of sales activity for the eleven buildings there (please see Diagram 1)
| Building Name | Total Units |
Units For Sale |
Percent | Closed Sales |
Short Sales |
Avg List $ per SqFt |
Avg Sold $ per SqFt |
Year Built |
|---|---|---|---|---|---|---|---|---|
| Asia | 123 | 17 | 13.8% | 0 | 0 | $973 | TBD | 2008 |
| Brickell Key One | 316 | 28 | 8.9% | 7 | 1 | $341 | $294 | 1982 |
| Brickell Key Two | 397 | 33 | 8.3% | 9 | 6 | $399 | $353 | 1991 |
| Carbonell | 284 | 51 | 18.0% | 9 | 3 | $485 | $442 | 2005 |
| Courts at Brickell Key | 318 | 46 | 14.5% | 10 | 15 | $388 | $356 | 2002 |
| Courvoisier Courts | 272 | 44 | 16.2% | 5 | 15 | $281 | $260 | 1997 |
| Isola | 300 | 50 | 16.7% | 8 | 20 | $271 | $261 | 1990 |
| One Tequesta Point | 288 | 23 | 8.0% | 8 | 3 | $420 | $383 | 1995 |
| St Louis | 134 | 12 | 9.0% | 0 | 3 | $430 | TBD | 1995 |
| Three Tequesta Point | 237 | 22 | 9.3% | 8 | 2 | $498 | $462 | 2001 |
| Two Tequesta Point | 268 | 18 | 6.7% | 10 | 0 | $526 | $453 | 1998 |
| Totals | 2991 | 345 | 11.5% | 74 | 68 | $593 | $445 |
Diagram 1
Here is an updated graph for sales from January through November for Brickell Key buildings. Interestingly enough,…
December 9th, 2008
Miami, Florida
Today, the Miami Condo Lifestyle team will start publishing a series of articles on the
changing dynamic in condo sales activity in Miami and Miami Beach, Florida.
Initially, we will focus on the distressed buildings with the highest percentage of closed sales for 2008. Our research shows that the Club at Brickell Bay, Vue at Brickell, Mark on Brickell, Skyline at Brickell and the Jade at Brickell are the top five buildings in…
Ocean Reserve condos are the best investment value near the ocean for the price. There are many short sales which will be foreclosed upon and become bank-owned properties that are priced the best. Get great deals on bank owned foreclosure properties at Ocean Reserve, just one block from the Atlantic Ocean starting at $139,000.
This beautiful Intracoastal waterfront community, Ocean Reserve, has direct open beach access across the street from A1A and the Atlantic Ocean. This luxury…
Ocean View Condos puts you at the North end of Sunny Isles Beach, just one block from the Atlantic Ocean with ocean, city and intracoastal water views plus year round ocean breezes.
Oceanview has over one hundred and fifty units for sale, many of which are bank-owned or short sales. The bank owned can be purchased now at great prices and the short sales will be turned into bank owned over time and then will become great…
October 12th, 2008
Often the best opportunity to purchase Miami Condos is by considering foreclosure, bank owned condos, sometimes referred to as REO or Real Estate Owned. Here is a list of available Miami investment condos as of October 12, 2008. Please note that they are in order by city and then in descending price order and their availability is subject to change without notice.
If you are interested in acquiring any of these foreclosure & bank…
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