The Short Answer Between February 2024 and July 2026, 36 residences closed at Oceana Bal Harbour. The median sale was $6,350,000 at $2,530 per square foot for 2,337 square feet, after a median 218 days under contract. Sales ran from $2,300,000 to $29,000,000. Three findings here are worth more than the median, and two of […]
The Short Answer Bal Harbour condominiums recorded 205 closed sales above $1 million between January 2024 and September 2026, worth about $806 million. The median sale was $2,900,000 at $1,198 per square foot. Not one of those 205 sales was in a building newer than Oceana Bal Harbour, which the MLS dates 2016 and 2017. […]
Is a Miami Penthouse Worth It 2026 The Short Answer Yes, in most Miami buildings, a penthouse sells for more per square foot than the regular residences below it. In the MLS data I analyzed, the typical difference is about 15% to 20% inside the same building. But the premium is not guaranteed, and it […]
Search for Miami’s most expensive condominium, and you will find an $80 million listing. That number is real. It is also nearly useless as a measure of what the building is worth, because the building it sits in has closed three sales in the past thirty-three months, and the highest of them was $13.5 million. […]
A $20 million Miami condominium can be extraordinarily valuable. That does not necessarily make it liquid. At the trophy level, the question is not simply whether a residence can sell. Almost every exceptional property has a buyer at the right price. The more interesting question is: How deep is the pool of buyers willing to […]
The 3Q 2022 luxury residential statistics for Miami-Dade County show us a continued appreciation with a significant decrease in total sales. Part of this is due to limited residential inventory and changing market conditions, such as a new buyer’s market (as of 2Q) with higher interest rates, concerns of a recession, and some buyers awaiting […]
Where do you find the ‘Billionaire Bunkers’ in South Florida? Other than a private estate within Fisher Island, Island Estates, Indian Creek Island, or Golden Beach, where does the world’s elite choose when looking for optimal safety and sophistication in Miami-Dade & Broward County condominiums? These billionaire bunkers offer hassle-free living, from white-glove services to […]
Profit vs. Loss | How is the Current Pre-Construction Market Cycle in Miami Doing for Investors? Buying preconstruction is a necessity for some as everyone wants what’s new. After going through the residential market turbulence of 2006 to 2009 and helping the speculators come up for air, I am jaded and far too conservative to push […]
Bal Harbour Luxury Oceanfront Condo Market Index | April 2017 | Edition 4 Welcome to Edition #4 of the Bal Harbour Condo Index. The shores of Bal Harbour have long been one of the world’s more desired and most prestigious residential ‘destination’ locations. Those fortunate enough to call Bal Harbour home will find themselves immersed in the […]
Ashton Coleman | One Sotheby's International Realty
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