Ask what an ocean view is worth in Miami and you will get a confident answer. Ask for the evidence and it usually disappears. So here is the evidence. A review of 496 closed Miami-Dade condominium sales above $5 million, from January 2024 through September 2026, each carrying its MLS view designation, produces a result […]
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 […]
In Miami’s ultra-luxury condo market, one of the easiest mistakes to make is assuming that the largest penthouse should command the highest price per square foot. Recent Miami penthouse sales tell a very different story. A 5,535-square-foot penthouse at The Surf Club sold for $44 million, or $7,949 per square foot. Meanwhile, a 10,755-square-foot penthouse […]
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 […]
The Future of Miami’s Top Condos is most impressive as affluent home buyers today are interested in superb locations offering exclusivity, privacy, safety, first-class amenities, and luxurious lifestyles. These are trophy homes noted in 2017 for the world’s elite. These are hallmark expectations of high-end consumers, and buyers today clearly know what they want from […]
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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