South Florida Market Stats
Real Estate Market Report – Condominiums in 33160
Categories: Condo Communities, Miami Beach, Real Estate News, South Florida Market Stats, Sunny Isles
hiCondominiums in zip code 33160 (including Sunny Isles Beach & North Miami Beach)
There are currently 2,084 condominiums listed for sale in the 33160 zip code.
Highest priced listing: $12,900,000 (4 BR 4.5 BA at Acqualina Ocean Resort)
Lowest priced listing: $40,000 (cabana w/ bathroom at Oceania III Condo)
Pending Sales: 263
Closed sales in the past 30 days: 60
Highest [...]
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South of Fifth Snapshot
Categories: Miami Beach, Real Estate News, South Florida Market Stats
hiThe first six months of the year are behind us, and I like to look at what has happened in the South of Fifth neighborhood. It was a very interesting period indeed. The new South Pointe Park opened and it has proved to be a magnet not only for the local neighborhood but for the [...]
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Aventura Slumps But Not South Beach
Categories: Aventura, EWM In the News, Miami Beach, South Florida Market Stats
hiI noticed, last week, when I was showing apartments at the Continuum and the Murano, that life on South Beach was going on as usual. It was filled with people at the beach, fantastic luxury cars and crowds in the restaurants. It was as though there was no recession and I was right but only [...]
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South of Fifth Market Stats
Categories: Miami Beach, Real Estate News, South Florida Market Stats
hiWith the level of concern in both the financial and real estate markets changing by the day, it is sometimes useful to take a longer look at what has been happening in a particular micro market. For me, that is the South of Fifth neighborhood of Miami Beach, five precious streets extending from the Ocean to the [...]
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South of Fifth Market Trends
Categories: Miami Beach, Real Estate News, South Florida Market Stats
hi When I looked at the data for South of Fifth (SoFi) condo sales last month I found that 20 units sold during the 30 day period between mid-March and mid-April. For the most recent 30 day period that number increased to 33 units according to MLS figures.
While such a small sample over such [...]
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Thirty Days on the Beach
Categories: Miami Beach, Real Estate News, South Florida Market Stats
hiI was looking at the sales figures on Miami Beach for the past 30 days, and according to the MLS, 90 units sold during this period. Today there are 3,949 units on the market, and at the recent rate of sales, it would take approximately 44 months to retire the current inventory.
The SoFi (South [...]
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Bath Club Villa #4 sold for 24.7% discount to its original listing price!
Categories: Condo Communities, Miami Beach, Real Estate News, South Florida Market Stats
hiThe second sale for 2008 and also in March.
Are 24% plus discounts attracting Buyers to the Bath Club?
Villa #4 at The Bath Club in Miami Beach sold last 28th March 2008 for $6,700,000 or $1,175 Sq Ft. after being listed for sale for approximately 430 days or 14.3 months. The selling price represents a discount [...]
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Bath Club condo sold for a 27% discount to its original listing price!
Categories: Condo Communities, Miami Beach, Real Estate News, South Florida Market Stats
hiThe Bath Club in Miami Beach saw its first condo sale of 2008 with unit #1105 which closed on March 25th for $2,400,000 or $630 Sq Ft. after being listed for sale for approximately 804 days or 2.3 years. The selling price represents a discount of 27% from the original listing price of $3,290,000 set [...]
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South of Fifth Market Stats
Categories: Miami Beach, Real Estate News, South Florida Market Stats
hiI’ve been looking at absorption rates, the amount of time it takes to sell off the currently available Condominium inventory at a rate of sales equal to the average of the last three months.
In Miami Beach we can quantify this in many different markets. Overall, there are currently 4,000 plus properties on the market [...]
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South of Fifth Snapshot – Miami Beach Market Stats
Categories: Miami Beach, Real Estate News, South Florida Market Stats
hiRecent sales activity at some of the landmark buildings in the South of Fifth neighborhood has shown some interesting differences over the past six months. Sales activity at the Murano Grande, Icon, and Continuum buildings has exceeded the level of sales at the neighboring Portofino Tower, Murano and Yacht Club buildings. Looking [...]
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