Often it is informative as well as interesting to know the facts about the closed real estate transactions that are happening in our neighborhoods. Often the media would have us believe that ‘the sky is falling’! Take a look through this list of the Top 100 closed condo transactions by sales price for 2009 and maybe, like me, you’ll be asking yourself “How bad can it be?’
This months list of condos is one hundred…
Miami Condo Closeout starting at $166.00 per sqft.
Miami-Dade County, Florida
July 9th, 2009
On Wednesday, July 1st, a large condo developer released approximately fifty (50) apartments for sale starting at $166.00 per square foot.
The response was incredible. Currently all one and three bedroom units have been sold and there are several two bedrooms still remaining. Over fifty units were put under contract in less than a week.
One…
Late Friday afternoon, Lynda Stone and I headed out to Key Biscayne to show
a condominium to prospective buyers. We quickly realized that we were joining
1000’s of others heading across Rickenbacker Causeway to enjoy the Sony Ericsson
Tennis Tournament at the Crandon Park Tennis Center.
The weather was balmy, temps in the low 80’s with gusty breezes coming off the water.
Key Biscayne Park was jammed with families, kids…
January 12, 2009
Miami Beach, Florida 33141
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Recent conversations with Egozi Development founder, Mario Egozi, reveal that his vision for CIELO condos is about to take it’s final form. This maximum thirty-six residence, boutique luxury building offers private elevator vestibules, a rooftop swimming pool with 360 degree views of Biscayne Bay and the Atlantic Ocean plus three unique…
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.…
The Four Ambassadors was built from 1966 to 1968 and is one of the earliest condominium developments in the Brickell corridor. The Four Ambassadors complex has four 20 story towers with with 11 apartments per floor for a total of 744 residences. The Four Ambassador Condominium includes a hotel component and is located on Biscayne Bay next to Brickell Avenue and Downtown Miami. There are two floorplans available…a 990 sqft one bedroom convertible…
October 7th, 2008
Every day we get dozens of emails and phone calls from various buyers, sellers, landlords and tenants trying to find the information they need in order to make an informed and sound business decision about Miami condos and real estate. This is what we do all day long.
We are continually in “conversation” with multiple buyers and sellers, appraisers, banks, developers, landlords and other Realtors trying to find just the right…
Courvoisier Courts condo on Brickell Key near world famous Brickell Avenue in Miami has seen it’s sales activity dramatically increase this September. For the first eight (8) months of 2008, just five condos were sold but in the month of September, four units became pending sales.
Often, it is difficult to see if a market has turned so we use a formula referred to as “Absorption Rate” ,which is the total available units divided by…
This morning several hundred Miami Realtors gathered at 1060 Brickell Avenue to hear about the Brickell Avenue condo market and 1060 Brickell project. This event was sponsored by Maureen Levine from RAMB with a breakfast catered from Perricone’s Restaurant, a Brickell Village stalwart for over 12 years.
Charlotte Piro from Fortune, the sales director at 1060, shared some very aggressive pricing (shown below) with us and described the unique amenities in the building such as…
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Miami WorldCenter Mall
WorldCenter at Park West, initially reminds me of the Midtown Miami
Project…just in a much better location.
Then I think back to the Omni Center, just a few blocks away…built to
capitalize on the wealthy South America visitors in the 80’s. Bad timing there.
Or I can remember a much smaller project,…
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