Miami’s luxury private enclave, Fisher Island, purchased thousands of coronavirus tests from a Miami healthcare provider to use for their residents and staff. Fisher Island, an exclusive enclave of South Florida known as America’s most affluent zip code, purchased the rapid COVID-19 blood test kits from the University of Miami Health System, according to the […]
Miami luxury condos are diverse, with so many opportunities today. With Miami’s ultra-luxury condo inventory abundant, prices are coming down, and incredible deals are being made. I’ve often relayed that buyers have been winning for the past few years and will continue winning throughout the following year. The Reasons Why: Ample new construction; speculators were […]
Opportunities are abundant on South Florida’s luxury condo inventory. Months of Inventory, considered as the absorption rate for residential properties, is a market determinant showing how long it will take for inventory to be sold based on total active listings divided into the number of sales from a given monthly period ie.) 30-day sales/total inventory or […]
Hi friends, let’s locate and analyze the top ten Miami Beach luxury condo sales from 2007 to 2011, including the average selling price per square foot in the luxury tier for the year. Miami Beach Luxury Condo 2007 (Average Price Per Square Foot = $1,243) 1500 Ocean Drive #T8 Sold at $12M ($1005 psf) Fisher […]
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