The Short Answer A higher floor is worth about half a percent per floor, and the number is a fact about your building rather than about Miami. I found 193 pairs of closings in the same building, matched to within 5% on interior size and separated by at least ten floors. The higher residence sold […]
Two condominiums in the same South of Fifth building can have similar square footage, similar amenities and the same Miami Beach address—yet sell for millions of dollars apart. Why? In Miami’s ultra-luxury condo market, buyers aren’t simply purchasing square footage. They’re purchasing a specific residence within a specific vertical position. The building matters. But so […]
South of Fifth occupies only the southern tip of Miami Beach. Yet within those few blocks, a buyer can find a roughly $1 million condominium, a $5 million waterfront residence, a $15 million trophy property — or a penthouse asking tens of millions of dollars. That’s why I don’t consider South of Fifth one luxury […]
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 […]
Trophy Property Sales from South Beach to Sunny Isles Beach. It’s been amazing to see 199 (733 for sale today) luxury condo sales over $1M for the YTD MLS (Multiple Listing Service) records covering the Miami Dade oceanfront communities of Sunny Isles Beach, Bal Harbour, Surfside, Miami Beach & South Beach. Over $4M, there were […]
Ashton Coleman | One Sotheby's International Realty
119 Washington Avenue Suite 102 • Miami Beach, FL 33139 • AColeman@onesothebysrealty.com
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