Miami’s New Construction is now the talk of the town with new oceanfront towers including Mansions at Acqualina, Porsche Design Tower, Regalia, Chateau, Jade Signature and 400 Sunny Isles (Sunny Isles Beach) along with One Ocean and Ocean House (South Beach) selling early as preconstruction. The outlook should always be long term gains with the primary reason in purchasing for your […]
In the midst of Miami summertime fun and things are somewhat quiet yet both foreign & domestic buyers are still in weekly scouting the good buys from lingering inventory. Speaking of condo inventory, we see it decreasing consistently showing us a 34% (YTD) drop from July of 2010 and another 4% over the prior month. […]
South Beach record setting Apogee just sold the most desirable Miami Beach Penthouse at $11.5 Million and was slowly reduced 48% from the original list price of $22 Million back in 2008. This sets a 2011 sales record of $1,678 per square foot while Sunny Isles Beach sold (auctioned) an Acqualina condo for $3.630M or $822 […]
In researching Miami Beach condo inventory Q2 2009 including the Dade County entities of South Beach, Miami Beach, North Bay Village, Surfside, Bal Harbour and Sunny Isles Beach we have an inventory on May 11th 2009 at 5,677 (6,073 from May REO analysis and down 7%) total condos. Out of those, how many would you guess are REO (Real Estate ‘Bank’ […]
Miami Beach Bank Owned vs. Short Sale Properties (Q1 2009). In researching Miami Beach condo inventory Q1 2009, including the Dade County entities of South Beach, Miami Beach, North Bay Village, Surfside, Bal Harbour, and Sunny Isles Beach, we have an inventory on March 29th, 2009 at 6,073 total condos. Real Estate Bank Owned Out […]
Miami Beach Real Estate Trends & Buyer Lessons. Well, friends, here is the 1Q scoop. The graph above shows us the Miami Beach condo inventory (33141/waterfront). Condo inventory listed for sale throughout 2007 into the first quarter of 2008. Notice the inventory heading up and then down. This may signify the market inventory improving. I’ll […]
Ashton Coleman | One Sotheby's International Realty
119 Washington Avenue Suite 102 • Miami Beach, FL 33139 • Ashton@miamidreamrealty.com
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