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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…
Miami, Florida
December 21st, 2008
How to sell you Miami or Miami Beach condo apartment for the most money in a buyers market!!
This is a question that I am asked daily. Let’s think about where the buyers are coming from and how best to attract them. Currently, the majority of buyers are from somewhere else, Canada, Europe, South America and, of course, the snowy, blowy, icy…Northeastern United States.
Here are several absolute requirements to get the top dollar…
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…
ICON South Beach, Miami Beach, Florida 33139
November 29th, 2008
Now that ICON Brickell is closing and has all the buzzzzzzzzzzz, I thought I would revisit ICON South Beach and see how it’s going after four years.
Currently, there are forty-seven (47) condos for sale ranging in price from $450,000 to $15,900,000. That’s a little more than sixteen (16) percent of the total units. They range in price per sq ft from $500.00 to $1,500.00 and there is…
October 31st, 2008
Miami, Florida
When people visit www.MiamiCondoLifestyle.com and contact me about buying in the Miami & Miami Beach market, they ask the following question…“How far back in time have the Miami and Miami Beach condo prices dropped?” Today we are going to find out.
The charts below show data from October of 2003 until September of 2008, for the months on inventory on hand and the average price per square foot. For those of you who have been…
Bayside Village Condos - Fisher Island Luxury Oceanfront Apartments
Bayside Village Condos are located on the Southeast side of Fisher Island Marina. They consist of one, two and three story buildings that face the marina and the southeast view of the Atlantic Ocean. They were built in 1986, 1987 and 1988 respectively.
Bayside Village offers just ninety-nine (99) residences on two and three floors with four different floorplans ranging in size from 1,847 to 5.800 sqft. These are…
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