Tag Archives | Brickell Key Condos

Isola Brickell Key Bayfront Condos Inventory Down Drastically

Isola Brickell Key Bayfront Condos – Miami, Florida
December 1st, 2009
Miami Beach, Florida

The selling conditions at Isola Brickell Key condos in Miami have improved dramatically in the last twelve months. One bedrooms apartments start at $120,000 and two bedrooms at $195,000. Recent sales have been in the $175 to $225 per square foot range.

One bedrooms are approximately 670-720 sqft and two bedroom apartments range in size from 995 to 1,025.

The real … Read More

Brickell Condos – Closed Sales Data

May 28th, 2009

Today begins the first in a series of articles about Miami Investment condos. We have created a table showing the most recent closed sales in buildings built since 2000 in the Brickell, Brickell Key and Miami River areas of Miami. These will be updated regularly and can be used to get transparency in the Miami Condo market. Several buildings have been clearing out their short sales with bank foreclosures and are starting … Read More

Foreclosure & Bank Owned Condos in Miami & Miami Beach, Florida

April 8th, 2009

Bank owned foreclosures are often the best opportunity to purchase Miami condos. Bank owned condos, are sometimes referred to as foreclosure, Real Estate Owned or REO.

Here is a list of available Miami bank owned condos for investment that have come on the market between April 5th,2009 and April 8th, 2009. Just six (6) new listings…Please note that the prices per square foot.

We are starting to see multiple offers on these; … Read More

Brickell Key Condos Sales Report

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
Read More

Condo Prices in Miami, Florida

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 opportunities … Read More

Courvoisier Courts Brickell Key Condos

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 … Read More

Brickell Key Condos
Foreclosure and Bank Owned Opportunities

There are eleven buildings on Brickell Key, several have become great buying opportunities for the serious investor. These include the Courts Brickell Key, Courvoisier Courts and the Isola. These Miami Condo buildings are struggling, they have a very large percentage of their units for sale (see chart below). They have many short sale offerings which will become bank owned foreclosures and they are probably not collecting all the maintenance fees which are due monthly. These Read More