Just Listed | Trump Palace Penthouse 5304 by Ashton Coleman

Posted on on April 09th, 2014.
Buyers of South Florida, Condos and Development, Deal of the Month, Luxury Residential Market, New Listings, Sunny Isles Beach Condos | Tags: , , , ,

Sunny Isles Beach Luxury Oceanfront Condo | Amazing Lifestyle. Endless Miami Views

An amazing opportunity. Built in 2006, Ashton Coleman Presents TrumpPalacePenthouse5304.com located on the desirable coastline of Sunny Isles Beach. Live in opulence and luxury. This is a very rare floor plan (only 1 of 4 available) includes formal areas with vaulted 12′ ceilings, a Media Room and Family Room. Penthouse #5304 features two large balconies facing the Southeast coastline with direct Atlantic Ocean & views all the way to Miami Beach & Downtown never to be obstructed! The other end of your home offers amazing city & skyline views towards Aventura and the large Intracoastal waterways of Biscayne Bay. This amazing Penthouse is over 2,800 total square feet.  The Trump Grande development includes the International Hotel, Trump Palace and Trump Royale encompassing 17 acres with an unparalleled lifestyle in the very best location along the beaches. 4 pools, restaurants, beach service, room service, Spa, fitness, child care and a lifestyle for families like no other. Valet parking for multiple vehicles and additional storage space included.

Trump Palace Penthouse 5304

Trump Palace Penthouse 5304

Trump Palace Penthouse 5304

Trump Palace Penthouse 5304

Click here to View other Sunny Isles Beach Luxury Oceanfront Condos for Sale

If you would like to schedule a showing, please contact my office at 786-27-DREAM or toll free at 888-38-DREAM to make an appointment. I’m a Miami area real estate specialist.  Over the past 12 years, I have sold & serviced Sunny Isles Beach to South Beach along with Aventura to Coral Gables.  If you would like to schedule a meeting with me, please feel free to call me directly at (305) 978-7704 or send me a note here.

RECEIVE MY BLOG UPDATES DIRECTLY TO YOUR INBOX, SUBSCRIBE HERE!

The Miami Beach Real Estate Blog is the most comprehensive online source for Sunny Isles & Miami Beach real estate information. Whether you are looking for the latest sales, trends or homes for sale in Sunny Isles Beach, The Miami Beach Real Estate Blog has it all at your fingertips. Browse information regarding the upcoming new Miami construction projects, premier gated communities, waterfront homesLofts & Townhomesforeclosures plus much more.

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Sunny Isles Beach Luxury Oceanfront Condo Market Index | March 2014

Posted on March 26th, 2014

Sunny Isles Condo Index March 2014: Edition #11

Below, we will be reviewing the latest real estate trends and comparing the luxury oceanfront market from the September 2013 Condo Index to today’s updated 2014 Sunny Isles Condo Index including premier oceanfront condo towers such as AcqualinaJADE OceanJADE BeachTurnberry Ocean ColonyTrump PalaceTrump RoyaleOcean FourSayanTrump TowersPinnacle & Millennium. I’ve excluded condo hotel properties from this research including  Trump International Beach ResortMerenas ResortOcean Point and Sole’ on the Ocean. What will be analyzed more specifically in this Miami blog post are luxury oceanfront condo buildings, statistics & new 2014 trends for the most desirable luxury condo towers along the coastline of Sunny Isles Beach.

Sunny Isles Beach Condo Index (2014)

As of March 26th, we are noting 775 total condos for sale in Sunny Isles Beach up 22% from the September 2013 Condo Index. In the last 30 days, there have been 65 total closed sales. In the last 90 days, 190 condos have sold averaging $427 per square foot with a 94% Sale to List Price Ratio and 99 days on market. In the same 90 day period of September 2013, there had been 242 condos sold averaging $385 per square foot (Sold values are Up a healthy 10% over September 2013) with a 95% Sale to List Price Ratio and 107 days on market.

Percentage Available Inventory, Average List Price & Average Price Per Square Foot for leading luxury condo towers currently listed & Active on the MLS

  • Acqualina- 17875 – 17885 Collins Avenue | 11 of 247 or 4% | Ave List Price $4.425M | Ave PPSF $1,411
  • Mansions at Acqualina – 17749 Collins Avenue – New Construction coming soon..
  • Chateau – 17475 Collins Avenue – New Construction coming soon..
  • JADE Beach – 17001 Collins Avenue | 22 of 248 or 9% | Ave List Price $3.037M | Ave PPSF $1,201
  • JADE Ocean – 17121 Collins Avenue | 20 of 250 or 8% | Ave List Price $3.404M | Ave PPSF $1,428
  • Jade Signature – 16901 Collins Avenue – New Construction coming soon..
  • Turnberry Ocean Colony North Tower – 16051 Collins Avenue | 9 of 130 or 7% | Ave List Price $3.383M | Ave PPSF $1,135
  • Turnberry Ocean Colony South Tower – 16047 Collins Avenue | 11 of 130 or 8% | Ave List Price $4.195M | Ave PPSF $1,159
  • Trump Palace – 18101 Collins Avenue | 10 of 275 or 4% | Ave List Price $1.820M | Ave PPSF $972
  • Trump Royale – 18201 Collins Avenue | 31 of 384 or 8%| Ave list Price $1.691M | Ave PPSF $908
  • Trump Tower I – 16001 Collins Avenue | 21 of 271 or 8% | Ave List Price $2.126M | Ave PPSF $888
  • Trump Tower II – 15901 Collins Avenue | 14 of 271 or 5% | Ave List Price $1.703M | Ave PPSF $795
  • Trump Tower III – 15811 Collins Avenue| 20 of 271 or 7% | Ave List Price $1.849M | Ave PPSF $864
  • Regalia – 19505 Collins Avenue – New Construction coming soon..
  • Sayan- 16275 Collins Avenue | 10 of 88 or 11% | Ave List Price $1.864M | Ave PPSF $732
  • Ocean Four – 17201 Collins Avenue | 14 of 281 or 5% | Ave List Price $1.568M | Ave PPSF $752
  • Ocean Three – 18911 Collins Avenue | 11 of 215 or 5% | Ave List Price $1.817M | Ave PPSF $690
  • Ocean Two – 19111 Collins Avenue | 5 of 254 or 2% | Ave List Price $2.617M | Ave PPSF $856
  • Ocean One – 19333 Collins Avenue | 7 of 241 or 3% | Ave List Price $1.550M | Ave PPSF $682
  • Millennium – 18671 Collins Avenue | 5 of 120 or 4% | Ave List Price $1.705M | Ave PPSF $841
  • Muse – 17141 Collins Avenue – New Construction coming soon..
  • Porsche Design Tower - 18555 Collins Avenue – New Construction coming soon..
  • Pinnacle – 17555 Collins Avenue | 14 of 244 or 6% | Ave List Price $1.684M | Ave PPSF $796
  • La Perla- 16699 Collins Avenue | 16 of 326 or 5% | Ave List Price $935k | Ave PPSF $644

Ave. Price Per Square Foot on Condos SOLD within the last 6 months, Sale Price to List and # Days On Market

  • Acqualina- 17885 Collins Avenue | 3 Closed Sales at $1,114 PSF (2% increase in SP$/PSF since Sept. 2013) | 96% SP/LP | 110 DOM
  • Mansions at Acqualina – 17749 Collins Avenue – New Construction coming soon..
  • Chateau – 17475 Collins Avenue – New Construction coming soon..
  • JADE Beach- 17001 Collins Avenue | 15 Closed Sales at $925 PSF (7% increase in SP$/PSF since Sept. 2013) | 91% SP/LP | 98 DOM
  • JADE Ocean- 17121 Collins Avenue | 6 Closed Sales at $1,123 PSF (12% increase in SP$/PSF since Sept. 2013) | 91% SP/LP | 277 DOM
  • Jade Signature – 16901 Collins Avenue – New Construction coming soon..
  • Turnberry Ocean Colony North Tower – 16051 Collins Avenue | 3 Closed Sales at $975 PSF (3% increase in PPSF since Sept. 2013) | 92% SP/LP | 197 DOM
  • Turnberry Ocean Colony South Tower – 16047 Collins Avenue | 3 Closed Sales at $925 PSF (8% increase in PPSF since Sept. 2013) | 93% SP/LP | 103  DOM
  • Trump Palace – 18101 Collins Avenue | 8 Closed Sales at $865 PSF (13% increase in PPSF since Sept. 2013) | 94% SP/LP | 169 DOM
  • Trump Royale – 18201 Collins Avenue | 10 Closed Sales at $762 PSF (5% increase in PPSF since Sept. 2013) | 94% SP/LP | 233 DOM
  • Trump Tower I – 16001 Collins Avenue | 11 Closed Sales at $681 PSF (13% increase in PPSF since Sept. 2013) | 96% SP/LP | 184 DOM
  • Trump Tower II – 15901 Collins Avenue | 7 Closed Sales at $660 PSF (8% increase in PPSF since Sept. 2013) | 97% SP/LP | 67 DOM
  • Trump Tower III – 15811 Collins Avenue | 7 Closed Sales at $774 PSF (18% increase in PPSF since Sept. 2013) | 94% SP/LP | 103 DOM
  • Regalia - 19505 Collins Avenue – New Construction coming soon..
  • Sayan- 16275 Collins Avenue | 2 Closed Sales at $566 PSF (5% Decrease in PPSF since Sept. 2013) | 96% SP/LP | 193 DOM
  • Ocean Four – 17201 Collins Avenue | 6 Closed Sales at $664 PSF (28% increase in PPSF since Sept. 2013) | 95% SP/LP | 149 DOM
  • Ocean Three – 18911 Collins Avenue | 4 Closed Sales at $598 PSF (18% increase in PPSF since Sept. 2013) | 95% SP/LP | 50 DOM
  • Ocean Two – 19111 Collins Avenue | 1 Closed Sales at $605 PSF (6% increase in PPSF since Sept. 2013) | 96% SP/LP | 7 DOM
  • Ocean One – 19333 Collins Avenue | 3 Closed Sales at $529 PSF (7% increase in PPSF since Sept. 2013) | 92% SP/LP | 40 DOM
  • Millennium – 18671 Collins Avenue | 2 Closed Sales at $733 PSF (29% increase in PPSF since Sept. 2013) | 90% SP/LP | 26 DOM
  • Muse – 17141 Collins Avenue – New Construction coming soon..
  • Porsche Design Tower - 18555 Collins Avenue – New Construction coming soon..
  • Pinnacle – 17555 Collins Avenue | 4 Closed Sales at $618 PSF (15% increase in PPSF since Sept. 2013) | 94% SP/LP | 116 DOM
  • La Perla- 16699 Collins Avenue | 12 Closed Sales at $537 PSF (4% increase in PPSF since Sept. 2013) | 88% SP/LP | 177 DOM

Sunny Isles Beach Condo Index Summary

Sunny Isles Beach condo inventory is hovering 775 total condos while property values have increased 11% (sale price per square foot average) over the last 6 months. The average buyer discounts along with the number of days it takes to sell a condominium have continued to decrease. These luxury oceanfront condo towers sustain very healthy inventory figures with less than an averaged 6% as available condo resale inventory. Each building and property tells us a different story on sales & trends while the bottom line is that the Sunny Isles Beach condo market still shows us values of continued improvement into what is considered a strong seller’s market on oceanfront real estate. Sunny Isles Beach penthouses will be news worthy this year as new construction inventory has been listed above $50 Million USD.

Buyers, Ready for an amazing Luxury condo or Waterfront home?

Call or email for the very best properties along Sunny Isles BeachAventuraBal Harbour, SurfsideNorth Bay VillageMiami Beach & South Beach.. Now also covering Coconut Grove real estate and Coral Gables. The buyer advantage is still pricing and low interest rates (~4.5%) when financing is leveraged. Luxury real estate, in the current market, has priced available resale inventory 10-20% above the most recent comparable closed sales. Prior Sales don’t always matter to affluent sellers patiently waiting and to savvy brokers who manage to set new sales records. We are seeing consistent & multiple cash offers where over 75% of sales include buyers paying cash. Multiple buyers & bids are driving up values with this 11% average market gain from just 6 months earlier.

Selling or Leasing Your Condo?

Call or email me now for a personalized market report and global marketing plan surely to gain outstanding International exposure for your condominium. Let’s start marketing today at 888.383.7326 or direct 305.978.7704. As this year continues and Miami’s pre-construction inventory begins to rise at a speculative future value, I believe prices may show favor in selling now. We are in a seller’s market with multiple buyers worldwide looking for properties such as yours.

If you’d like to receive local Miami Beach FL real estate news via these valuable blog posts, you can easily be notified by RSS feed (see upper right column) or by email each time a new real estate news post occurs. Visit JADE Condos Sunny Isles website & JADE Condo Blog relaying great information on JADE BeachJADE Ocean & JADE Signature along with Turnberry Ocean Colony Sunny Isles website & Ocean Colony Condo Blog for the ultimate luxury condo knowledge. The truth & trends are in the numbers 1.888.383.7326 and I welcome your knowledge, opinions, comments & feedback.

It’s still an excellent time to buy Miami Beach real estate as long as you and the family enjoy the property & location for years to come. Miami Dade County beaches are in big demand and a very desirable place to call home. Showing You the Very Best from Sunny Isles to South Beach!

*Click the Photo Below to Learn More About this Well Priced Listing*

Jade Beach 802

(Figures are derived from the South Florida Regional Multiple Listing Service March 2014)

Enhanced by Zemanta

Filed under: Buyers of South Florida, Luxury Residential Market, Seller's of South Florida, Sunny Isles Beach Condos

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Golden Beach Luxury Estate | 484 Ocean Boulevard

Posted on February 12th, 2014

Welcome Home to 484 Ocean Boulevard Golden Beach

 

This magnificent 9,500 SF home is location in Golden Beach, one of the most desirable Miami neighborhoods. Built in 2009, 484 Ocean Boulevard boasts 3 incredible floors of delight with 7 bedrooms & 9 bathrooms, elevator, direct ocean views, waterfall, reflective pond, open & private layout, private office & room for gym, studio, A/V room & has impact windows throughout. Golden Beach residents enjoy easy beach access, tennis courts, volleyball & Basketball courts. Children & pet park, with private police. Owner is selling under market value. Offered at $5.250M.

View Showcase Gallery Video and More Home Details & Photographs 

John Lasry House Golden BeachFloridaPhotobyRobinHill(19)Golden Beach Luxury EstateGolden Beach Luxury EstateGolden Beach Luxury Estate

For Other Golden Beach Homes for Sale listed Today, Click Here.

If you would like to schedule a showing, please contact my office at 786-27-DREAM or toll free at 888-38-DREAM to make an appointment. I’m a Miami area real estate specialist.  Over the past 11 years, I have sold & serviced Sunny Isles Beach to South Beach along with Aventura to Coral Gables.  If you would like to schedule a meeting with me, please feel free to call me directly at (305) 978-7704 or send me a note here.

RECEIVE MY BLOG UPDATES DIRECTLY TO YOUR INBOX, SUBSCRIBE HERE!

 

The Miami Beach Real Estate Blog is the most comprehensive online source for Sunny Isles & Miami Beach real estate information. Whether you are looking for the latest sales, trends or homes for sale in Golden Beach, The Miami Beach Real Estate Blog has it all. Browse information regarding the upcoming new Miami construction projects, premier gated communities, waterfront homesLofts & Townhomesforeclosures plus much more.

Filed under: Buyers of South Florida, Golden Beach, Luxury Residential Market

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New Millionaire’s Row | Miami Beach Condo Sales History (2011 – 2013)

Posted on January 6th, 2014

New Millionaire’s Row | Miami Beach Condo Sales History (2011 – 2013)

Below are the newest buildings sales history along Miami Beaches concrete canyon (including Allison Island) and the 2013 Average Asking Price Per Square Foot along with the Average Sale Price Per Square Foot for each consecutive year showing how our market is on the seller side advantage today with notable appreciation.
 
Supply has dropped substantially while prices are on the rise. 
Click on any condo building for the available inventory.

 
Terra Beachside Villas

  • Ave. PPSF = $412
  • Ave. 2013 SP$/PSF = $345
  • Ave. 2012 SP$/PSF = $300
  • Ave. 2011 SP$/PSF = $292
  • Ave. PPSF = $950
  • Ave. 2013 SP$/PSF = $852
  • Ave. 2012 SP$/PSF = $666
  • Ave. 2011 SP$/PSF = $583
  • Ave. PPSF = $1138
  • Ave. 2013 SP$/PSF = $894
  • Ave. 2012 SP$/PSF = $659
  • Ave. 2011 SP$/PSF = $514
  • Ave. PPSF = $438
  • Ave. 2013 SP$/PSF = $390
  • Ave. 2012 SP$/PSF = $331
  • Ave. 2011 SP$/PSF = $190
  • Ave. PPSF = $399
  • Ave. 2013 SP$/PSF = $322
  • Ave. 2012 SP$/PSF = $201
  • Ave. 2011 SP$/PSF = $215
  • Ave. PPSF = $927
  • Ave. 2013 SP$/PSF = $858
  • Ave. 2012 SP$/PSF = $661
  • Ave. 2011 SP$/PSF = $546

Terra Beachside Villa in Miami Beach NoBe

Filed under: Buyers of South Florida, Condos and Development, Luxury Residential Market, Miami Beach Condos, Seller's of South Florida

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Just Listed (Short Sale) at Bayview Condos by Ashton Coleman

Posted on October 31st, 2013

North Bay Village Waterfront Condo | Amazing & Endless Miami Water Views

Short Sale Opportunity. Built in 2003, Ashton Coleman Presents Bayview Terrace Condo 904 located on the desirable Northern side of the building & Island. Modern & Clean w/Stainless Steel, Granite, Marble/Tile floors, W/D and covered garage parking. Pool & Gym overlooking Biscayne Bay. Grocery Store & Restaurants directly across the street. Central Miami Island location & 20 minutes to everything. Make a move quickly before this distressed Short Sale is SOLD. Please call with advanced notice on showings. Small pets permitted and easy to lease.

 

OverviewMaps

Photos

Description

$239,000
Condominium
Main Features
1 Bedroom
1 Bathroom
Interior: 755 sqft
Location
1625 Kennedy CSWY.
904D
North Bay Village, FL 33141
USA

Ashton Coleman Ashton Coleman

Keller Williams Miami Beach
(305) 978-7704
Ashton@MiamiDreamRealty.com
http://MiamiDreamRealty.com      

Listed by: Keller Williams Miami Beach

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Nearby properties for sale

Bayview Terrace Condo 904

Bayview Terrace Condo 904

Bayview Terrace Swimming Pool

Bayview Terrace Condos North Bay Village

Click here to View other North Bay Village Waterfront Condos for Sale

If you would like to schedule a showing, please contact my office at 786-27-DREAM or toll free at 888-38-DREAM to make an appointment. I’m a Miami area real estate specialist.  Over the past 11 years, I have sold & serviced Sunny Isles Beach to South Beach along with Aventura to Coral Gables.  If you would like to schedule a meeting with me, please feel free to call me directly at (305) 978-7704 or send me a note here.

RECEIVE MY BLOG UPDATES DIRECTLY TO YOUR INBOX, SUBSCRIBE HERE!

 

The Miami Beach Real Estate Blog is the most comprehensive online source for Sunny Isles & Miami Beach real estate information. Whether you are looking for the latest sales, trends or homes for sale in Sunny Isles Beach, The Miami Beach Real Estate Blog has it all at your fingertips. Browse information regarding the upcoming new Miami construction projects, premier gated communities, waterfront homes, Lofts & Townhomes, foreclosures plus much more.

Filed under: Buyers of South Florida, New Listings, North Bay Village Condos

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Sunny Isles Beach Luxury Oceanfront Condo Market Index 2013

Posted on September 5th, 2013

Sunny Isles Condo Index September 2013: Edition #10

Hi friends! Below, we will be reviewing the latest real estate trends and comparing the luxury oceanfront market from the October 2012 Condo Index to today’s updated 2013 Sunny Isles Condo Index including premier oceanfront condo towers such as AcqualinaJADE OceanJADE Beach, Turnberry Ocean ColonyTrump PalaceTrump RoyaleOcean FourSayanTrump TowersPinnacle & Millennium. I’ve excluded condo hotel properties from this research including  Trump International Beach ResortMerenas ResortOcean Point and Sole on the Ocean. What will be analyzed more specifically in this Miami blog post are luxury oceanfront condo buildings, statistics & new 2013 trends for the most desirable luxury condo towers along the coastline of Sunny Isles Beach.

Sunny Isles Beach Condo Index (2013)

As of September 5th, we are noting 608 total condos for sale in Sunny Isles Beach up 8% from the October 2012 Condo Index. In the last 30 days, there have been 57 total closed sales. In the last 90 days, 242 condos have sold averaging $385 per square foot with a 95% Sale to List Price Ratio and 107 days on market. In the same 90 day period of October 2012, there had been 297 condos sold averaging $354 per square foot (Sold values Up 8% over October 2012) with a 98% Sale to List Price Ratio and 123 days on market.

Percentage Available Inventory, Average List Price & Average Price Per Square Foot for leading luxury condo towers currently listed & Active on the MLS

  • Acqualina- 17875 – 17885 Collins Avenue | 7 of 247 or 3% | Ave List Price $3.153M | Ave PPSF $1,219
  • Mansions at Acqualina – 17749 Collins Avenue – New Construction coming soon..
  • Chateau – 17475 Collins Avenue – New Construction coming soon..
  • JADE Beach – 17001 Collins Avenue | 21 of 248 or 8% | Ave List Price $2.597M | Ave PPSF $1,071
  • JADE Ocean – 17121 Collins Avenue | 9 of 250 or 4% | Ave List Price $4.417M | Ave PPSF $1,307
  • Jade Signature – 16901 Collins Avenue – New Construction coming soon..
  • Turnberry Ocean Colony North Tower – 16051 Collins Avenue | 10 of 130 or 8% | Ave List Price $3.213M | Ave PPSF $1,056
  • Turnberry Ocean Colony South Tower – 16047 Collins Avenue | 8 of 130 or 6% | Ave List Price $4.211M | Ave PPSF $1,132
  • Trump Palace – 18101 Collins Avenue | 10 of 275 or 4% | Ave List Price $2.091M | Ave PPSF $1,088
  • Trump Royale – 18201 Collins Avenue | 27 of 384 or 7%| Ave list Price $1.526M | Ave PPSF $840
  • Trump Tower I – 16001 Collins Avenue | 18 of 271 or 6% | Ave List Price $1.717M | Ave PPSF $756
  • Trump Tower II – 15901 Collins Avenue | 11 of 271 or 4% | Ave List Price $1.884M | Ave PPSF $807
  • Trump Tower III – 15811 Collins Avenue| 13 of 271 or 5% | Ave List Price $1.529M | Ave PPSF $772
  • Regalia – 19505 Collins Avenue – New Construction coming soon..
  • Sayan- 16275 Collins Avenue | 10 of 88 or 11% | Ave List Price $1.956M | Ave PPSF $680
  • Ocean Four – 17201 Collins Avenue | 14 of 281 or 5% | Ave List Price $1.705M | Ave PPSF $779
  • Ocean Three – 18911 Collins Avenue | 7 of 215 or 3% | Ave List Price $2.225M | Ave PPSF $720
  • Ocean Two – 19111 Collins Avenue | 2 of 254 or 1% | Ave List Price $2.597M | Ave PPSF $790
  • Ocean One – 19333 Collins Avenue | 2 of 241 or 1% | Ave List Price $1.425M | Ave PPSF $729
  • Millennium – 18671 Collins Avenue | 5 of 120 or 4% | Ave List Price $1.585M | Ave PPSF $815
  • Pinnacle – 17555 Collins Avenue | 10 of 244 or 4% | Ave List Price $1.752M | Ave PPSF $718
  • La Perla- 16699 Collins Avenue | 10 of 326 or 3% | Ave List Price $824k | Ave PPSF $545

Ave. Price Per Square Foot on Condos SOLD within the last 6 months, Sale Price to List and # Days On Market

  • Acqualina- 17885 Collins Avenue | 7 Closed Sales at $1,096 PSF (23% increase in SP$/PSF since OCT 2012) | 92% SP/LP | 56 DOM
  • Mansions at Acqualina – 17749 Collins Avenue – New Construction coming soon..
  • Chateau – 17475 Collins Avenue – New Construction coming soon..
  • JADE Beach- 17001 Collins Avenue | 13 Closed Sales at $857 PSF (11% increase in SP$/PSF since OCT 2012) | 96% SP/LP | 120 DOM
  • JADE Ocean- 17121 Collins Avenue | 12 Closed Sales at $991 PSF (15% increase in PPSF since OCT 2012) | 94% SP/LP | 80 DOM
  • Jade Signature – 16901 Collins Avenue – New Construction coming soon..
  • Turnberry Ocean Colony North Tower – 16051 Collins Avenue | 4 Closed Sales at $942 PSF (7% increase in PPSF since OCT 2012) | 94% SP/LP | 154 DOM
  • Turnberry Ocean Colony South Tower – 16047 Collins Avenue | 5 Closed Sales at $854 PSF (7% increase in PPSF since OCT 2012) | 91% SP/LP | 123  DOM
  • Trump Palace – 18101 Collins Avenue | 14 Closed Sales at $751 PSF (21% increase in PPSF since OCT 2012) | 93% SP/LP | 122 DOM
  • Trump Royale – 18201 Collins Avenue | 4 Closed Sales at $724 PSF (21% increase in PPSF since OCT 2012) | 91% SP/LP | 54 DOM
  • Trump Tower I – 16001 Collins Avenue | 8 Closed Sales at $592 PSF (10% increase in PPSF since OCT 2012) | 95% SP/LP | 153 DOM
  • Trump Tower II – 15901 Collins Avenue | 8 Closed Sales at $604 PSF (12% increase in PPSF since OCT 2012) | 94% SP/LP | 184 DOM
  • Trump Tower III – 15811 Collins Avenue | 10 Closed Sales at $635 PSF (NEW Results) | 94% SP/LP | 164 DOM
  • Regalia - 19505 Collins Avenue – New Construction coming soon..
  • Sayan- 16275 Collins Avenue | 2 Closed Sales at $597 PSF (26% increase in PPSF since OCT 2012) | 97% SP/LP | 21 DOM
  • Ocean Four – 17201 Collins Avenue | 11 Closed Sales at $480 PSF (4% decrease in PPSF since OCT 2012) | 94% SP/LP | 106 DOM
  • Ocean Three – 18911 Collins Avenue | 7 Closed Sales at $493 PSF (13% increase in PPSF since OCT 2012) | 97% SP/LP | 102 DOM
  • Ocean Two – 19111 Collins Avenue | 12 Closed Sales at $566 PSF (13% increase in PPSF since OCT 2012) | 93% SP/LP | 98 DOM
  • Ocean One – 19333 Collins Avenue | 4 Closed Sales at $491 PSF (24% increase in PPSF since OCT 2012) | 90% SP/LP | 240 DOM
  • Millennium – 18671 Collins Avenue | 4 Closed Sales at $522 PSF (16% decrease in PPSF since OCT 2012) | 84% SP/LP | 90 DOM
  • Pinnacle – 17555 Collins Avenue | 7 Closed Sales at $526 PSF (8% increase in PPSF since OCT 2012) | 93% SP/LP | 162 DOM
  • La Perla- 16699 Collins Avenue | 13 Closed Sales at $514 PSF (14% increase in PPSF since OCT 2012) | 96% SP/LP | 72 DOM

Sunny Isles Beach Condo Index Summary

Wow, what a difference we’ve seen in values during this last 11 month period! Sunny Isles Beach condo inventory is hovering 608 total condos for sale while property values have increased considerably (14% SP$PSF Average) over the last year. The average buyer discounts along with the number of days it takes to sell a condominium have also decreased considerably. These luxury oceanfront condo towers sustain very healthy inventory figures as shown above with less than an average 4.8% available. Each building & property tells us a different story on sales and trends while the bottom line is that the Sunny Isles Beach condo market has shown major signs of improvement (since 2009) into what is now a strong seller’s market on oceanfront real estate. It’s still an awesome time to buy Miami Beach real estate as long as you and the family will enjoy the property for years to come. Miami Dade County Beaches are in big demand and a very desirable place to call home.

Buyers, Ready for an amazing Miami condo or home? Call or email for the very best properties along Sunny Isles Beach, Aventura, Bal HarbourNorth Bay VillageMiami Beach & South Beach.. Now also covering Coconut Grove real estate and Coral Gables. The buyer advantage is still pricing and low interest rates when financing is leveraged. Do realize that luxury real estate, in the current market, has comparable closed sales thrown out the door. Prior Sales don’t really matter to affluent sellers patiently waiting and savvy brokers who manage to make new 2013 sales records. We are seeing consistent & multiple cash offers where over 79% of sales include buyers paying cash. Multiple buyers & bids are driving up values with this 14% average market gain from almost a year earlier.

Selling or Leasing Your Condo? Now is the Time! Call or email me now for a personalized market report and global marketing plan surely to gain proper exposure for your condominium. Let’s start marketing today at 1. 888.383.7326 or direct 1. 305.978.7704. As this year comes to an end and Miami’s pre-construction inventory begins to rise at a speculative future value, I believe prices may show favor in selling now. We are in a sellers market with multiple buyers looking for properties such as yours.

If you’d like to receive local Miami Beach FL real estate news via these valuable blog posts, you can easily be notified by RSS feed (see upper right column) or by email each time a new real estate news post occurs. Visit JADE Condos Sunny Isles website & JADE Condo Blog relaying great information on JADE Beach & JADE Ocean along with Turnberry Ocean Colony Sunny Isles website & Ocean Colony Condo Blog for the ultimate luxury condo knowledge. The truth is in the numbers 1.888.383.7326 and I welcome your knowledge, opinions, comments & feedback.

Showing You the Very Best from Sunny Isles to South Beach!

*Click the Photo Below to Learn More About this Great New Listing*

Jade Beach Condo 802 Sunny Isles

(Figures are derived from the South Florida Regional Multiple Listing Service September 2013)

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The Miami Beach Real Estate Reviews, Statistics & Trends for June 2013

Posted on June 11th, 2013

Miami’s New Construction

is now the talk of the town with new oceanfront towers including Mansions at AcqualinaPorsche Design TowerRegalia, 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 use & enjoyment, and developers have increased down payment expectations to prevent speculators from entering the market. Regardless, confident investors are buying and International money is fueling our local economy.

Miami Beach Condo Inventory

is fluctuating in an upward trend yet still in favor of buyers with 7.5 months of condo inventory for sale. Condo inventory is up 4% (YTD) from June of 2012 and up 7% since the previous study in October. Luxury condo towers such as Jade OceanJade BeachOcean FourTrump RoyaleTrump Towers and Turnberry Ocean Colony are noticing only 3 to 5% of condo inventory for sale and to top it off, asking & receiving premiums over 2012 closed sale comparable properties. The premier 3 bedroom lines directly over the Atlantic ocean now hover $1.5-$3.5M. Good deals come and go but if you’re looking to own here, the market trends show us a seller’s market with an average discount of 5% and little room to negotiate.

Selling Prices on Premier Luxury Properties

are still setting records for 2013 values with the Setai Penthouse selling at an astonishing $3,799 sp/psf value or $27M and Ocean House Penthouse #702 selling at $3,592 PSF or $15M. St. Regis of Bal Harbour has set the third highest sales record with $1,577PSF or $10.8M. Setai #3801 & #2308 sold at $2,995PSF or $7.575M & $3045PSF or $7.790M respectively. Other high sales were found on Fisher Island $1,480PSF, Continuum South $2,048PSF, Apogee $2,111PSF & Murano Grande $1,253PSF. Sunny Isles Beach shows us the JADE Beach Penthouse condo which sold for $1,036PSF or $4.290M and ’4′ high Sales at Turnberry Ocean Colony selling from $884PSF to $1,078PSF.

Of the last 90 days, the Top 10 Highest Sales based on selling price per square foot averaged $2,322.

Miami Beach Real Estate Statistics for the month of June

reflect 2,372 total condos for sale along the Miami-Dade County oceanfront communities of South BeachMiami BeachBal HarbourNorth Bay Village and Sunny Isles Beach with condo inventory levels up 4% year to date; this month condo inventory is up 7% over October with what’s now a 7.5 month supply based on the previous 30-day closed sales:

** South Beach Condos925 for sale | 127 Sales in last 30 days | Average Days on Market 103 | Average Buyer Discount 4% | Average PPSF Asking $553 / Sold $527

** Miami Beach Condos548 for sale | 78 Sales in last 30 days | Average Days on Market 98 | Average Buyer Discount 4% | Average PPSF Asking $406 / Sold $385

** Bal Harbour Condos196 for sale | 23 Sales in last 30 days | Average Days on Market 163 | Average Buyer Discount 8% | Average PPSF Asking $616 / Sold $562

** North Bay Village Condos106 for sale | 9 Sales in last 30 days | Average Days on Market 84 | Average Buyer Discount 3% | Average PPSF Asking $205 / Sold $198

** Sunny Isles Beach Condos597 for sale | 80 Sales in last 30 days | Average Days on Market 106 | Average Buyer Discount 5% | Average PPSF Asking $412 / Sold $386

Miami Beach | Sunny Isles Real Estate Summary

Miami Beach condo inventory has increased slightly at 7% since October but during this same time period selling prices have risen 11%. Sale-price to list-price ratios have maintained an average 5% buyer discount, active days on market reflect ~ 3.70 months to sell while average selling prices have increased 15% year to date.

Indicators are showing solid signs of market improvement while developers build & promote new construction on the last remaining parcels of premier Miami land. With selling price per square foot trending upwards over the prior year, and inventory absorption holding steady, we are in a solid seller’s market from what was once the buyer’s market from 2006 to 2011.

  • Sunny Isles Beach Selling prices (Average SP$ per square foot) increased 5% since October statistics and 18% Increase in Selling Values YTD.
  • Bal Harbour Increased 24% since October statistics and 22% Increase in Selling Values YTD.
  • South Beach Condo sale prices increased 4% since October statistics and 13% Increase in Selling Values YTD.
  • Miami Beach Condo sale prices increased 15% since October statistics and 21% Increase in Selling Values YTD.

For the month of June, Miami Beach (REO) Bank Owned foreclosures made up only 3% of our inventory and have sold at 103% sale to list while Miami Beach short sales also at 3% of our condo inventory and selling at 101% sale to list. 79% of all closed sales over the last 30 days were cash transactions.

Miami’s warm climate and diverse population make it one of the nation’s most desirable locations and the market shift has been noted as trends move in favor of another boom. Many buyers are enjoying the great purchase values of Miami Beach luxury condos averaging only $411 per square foot in selling values compared to other desirable Cities offering much higher priced real estate. There remains a vast amount of buying opportunity along the Miami Beaches with the most important deciding factor being your families use & enjoyment for years to come. For more information on premier locations, luxury buildings, condos & homes for sale or statistics & trends simply email, find me on Facebook, ‘Live Chat’ or call me toll free at 1.888.383.7326 or direct at 305.978.7704.

For detailed monthly Miami Beach Condo Statistics, sign up for the e-Newsletter on the right side – ‘Join Our Mailing List

Miami Beach Real Estate

October 2012 – Real Estate Statistics for the Miami Beaches

September 2012 – Real Estate Statistics for the Miami Beaches

July 2012 – Real Estate Statistics for the Miami Beaches

June 2012 – Real Estate Statistics for the Miami Beaches

Februaury 2012 – Real Estate Statistics for the Miami Beaches

July 2011 – Real Estate Statistics for the Miami Beaches

May 2011 – Real Estate Statistics for the Miami Beaches

March 2011 - Real Estate Statistics for the Miami Beaches

February 2011 – Real Estate Statistics for the Miami Beaches

{all figures derived from SE Florida MLS, MLXChange}

Filed under: Buyers of South Florida, Condos and Development, Seller's of South Florida

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Sunny Isles Beach ‘Newport Fishing Pier’ Opens After An Eight-Year Wait

Posted on June 5th, 2013

Sunny Isles Beach Pier Opens After An Eight-Year Wait

Finally, another blog post and finally, the Sunny Isles ‘Newport Hotel Pier’ is reopening after 8 long years!

After a long wait, the completely re-built Newport Fishing Pier will open for business this summer, replacing the historic pier destroyed by Hurricane Wilma in 2005. The $6.5 million project was completed using public and private sector money by way of an agreement between The Cornfeld Group and the City of Sunny Isles Beach. Total proportions of the pier project are impressive, with the complete length stretching to 776 feet, 610 of that over the water and containing 11,593 square feet of usable space. The pier features a lifeguard observation area, a public fishing concession and a world class restaurant (opening in late 2013).

Join your neighbors and city officials for the ribbon cutting celebration to open the completely renovated Newport Fishing Pier. It is sure to be a fun time, beginning with a SNIP of the scissors and ending with a BANG as fireworks are displayed at the end of the pier! This free event will feature activities for children and musical entertainment.

The City of Sunny Isles Beach is proud to announce the Grand Opening on June 15, 2013 of the only public fishing pier in Miami-Dade County, the Newport Fishing Pier. The Celebration is next Saturday so mark your calendars with the information below..

The celebration will be held from 7:00 – 9:00pm at Pier Park located at 16501 Collins Avenue. A free community shuttle bus will run before, during and after the event to transport residents to and from Pier Park. For any questions, please contact the Cultural & Community Services Department at 305.792.1706.

Sunny Isles Beach Pier

Sunny Isles Beach Pier

Sunny Isles Beach Aerial

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Sunny Isles Beach Luxury Oceanfront Condo Market Index 4Q 2012

Posted on October 23rd, 2012

Edition #9: October 2012 Sunny Isles Condo Index

We’ll be reviewing the latest  trends and comparing the luxury oceanfront market from the 1Q 2012 Condo Index to today’s updated 4Q 2012 Sunny Isles Condo Index including premier oceanfront condo towers such as Turnberry Ocean Colony,AcqualinaJADE OceanJADE BeachTrump PalaceTrump RoyaleOcean FourSayanTrump TowersPinnacle & Millennium. I’ve excluded condo hotel properties from this research including  Trump International Beach ResortMerenas ResortOcean Point and Sole on the Ocean. What will be analyzed more specifically in this post are luxury oceanfront condo buildings, statistics & new 2012 trends for the most desirable luxury towers along the coastline of Sunny Isles Beach.

Sunny Isles Beach Condo Index (4Q 2012)

As of October 23rd, we are noting 554 total condos for sale in Sunny Isles Beach down 19% from the January 2012 Condo Index. In the last 30 days, there have been 66 total closed sales. In the last 90 days, 297 condos have sold averaging $354 per square foot with a 98% Sale to List Price Ratio and 123 days on market. In the same 90 day period of January 2012, there had been 212 condos sold averaging $264 per square foot (Sold values Up 11% over January 2012) with a 94% Sale to List Price Ratio and 163 days on market.

Percentage Available Inventory, Average List Price & Average Price Per Square Foot for leading luxury condo towers currently listed & Active on the MLS

  •  Acqualina- 17875 – 17885 Collins Avenue | 9 of 247 or 4% | Ave List Price $2.385M | Ave PPSF $1049
  • JADE Beach – 17001 Collins Avenue | 17 of 248 or 7% | Ave List Price $2.398M | Ave PPSF $960
  • JADE Ocean – 17121 Collins Avenue | 11 of 250 or 4% | Ave List Price $3.977M | Ave PPSF $1,240
  • Turnberry Ocean Colony North Tower – 16051 Collins Avenue | 8 of 130 or 6% | Ave List Price $2.875M | Ave PPSF $1036
  • Turnberry Ocean Colony South Tower – 16047 Collins Avenue | 8 of 130 or 6% | Ave List Price $4.235M | Ave PPSF $1113
  • Trump Palace – 18101 Collins Avenue | 12 of 275 or 4% | Ave List Price $2.082M | Ave PPSF $958
  • Trump Royale – 18201 Collins Avenue | 14 of 384 or 4%| Ave list Price $1.488M | Ave PPSF $803
  • Trump Tower I – 16001 Collins Avenue | 17 of 271 or 6% | Ave List Price $1.591M | Ave PPSF $664
  • Trump Tower II – 15901 Collins Avenue | 12 of 271 or 4% | Ave List Price $1.491M | Ave PPSF $670
  • Trump Tower III – 15811 Collins Avenue| 13 of 271 or 5% | Ave List Price $1.366M | Ave PPSF $685
  • Sayan- 16275 Collins Avenue | 5 of 88 or 6% | Ave List Price $1.034M | Ave PPSF $648
  • Ocean Four – 17201 Collins Avenue | 9 of 281 or 3% | Ave List Price $1.160M | Ave PPSF $584
  • Ocean Three – 18911 Collins Avenue | 5 of 215 or 2% | Ave List Price $1.358M | Ave PPSF $542
  • Ocean Two – 19111 Collins Avenue | 8 of 254 or 3% | Ave List Price $1.272M | Ave PPSF $546
  • Ocean One – 19333 Collins Avenue | 5 of 241 or 2% | Ave List Price $996k | Ave PPSF $478
  • Millennium – 18671 Collins Avenue | 3 of 120 or 3% | Ave List Price $1.781M | Ave PPSF $623
  • Pinnacle – 17555 Collins Avenue | 11 of 244 or 5% | Ave List Price $1.392M | Ave PPSF $627
  • La Perla- 16699 Collins Avenue | 15 of 326 or 5% | Ave List Price $767k | Ave PPSF $510

Ave. Price Per Square Foot on Condos SOLD within the last 6 months, Sale Price to List and # Days On Market

  • Acqualina- 17885 Collins Avenue | 12 Closed Sales at $844 PSF (2% increase in PPSF since 1Q 2012) | 95% SP/LP | 310 DOM
  • JADE Beach- 17001 Collins Avenue | 19 Closed Sales at $762 PSF (24% increase in PPSF since 1Q 2012) | 93% SP/LP | 231 DOM
  • JADE Ocean- 17121 Collins Avenue | 9 Closed Sales at $840 PSF (14% increase in PPSF since 1Q 2012) | 91% SP/LP | 156 DOM
  • Turnberry Ocean Colony North Tower – 16051 Collins Avenue | 4 Closed Sales at $876 PSF (18% increase in PPSF since 1Q 2012) | 91% SP/LP | 168 DOM
  • Turnberry Ocean Colony South Tower – 16047 Collins Avenue | 3 Closed Sales at $798 PSF (12% increase in PPSF since 1Q 2012) | 97% SP/LP | 107  DOM
  • Trump Palace – 18101 Collins Avenue | 11 Closed Sales at $595 PSF (13% increase in PPSF since 1Q 2012) | 97% SP/LP | 343 DOM
  • Trump Royale – 18201 Collins Avenue | 6 Closed Sales at $572 PSF (13% increase in PPSF since 1Q 2012) | 95% SP/LP | 100 DOM
  • Trump Tower I – 16001 Collins Avenue | 16 Closed Sales at $533 PSF (same% in PPSF since 1Q 2012) | 94% SP/LP | 214 DOM
  • Trump Tower II – 15901 Collins Avenue | 10 Closed Sales at $534 PSF (18% increase in PPSF since 1Q 2012) | 101% SP/LP | 185 DOM
  • Trump Tower III – 15811 Collins Avenue | 2 Closed Sales at $546 PSF (NEW Results) | 95% SP/LP | 35 DOM
  • Sayan- 16275 Collins Avenue | 5 Closed Sales at $444 PSF (27% increase in PPSF since 1Q 2012) | 104% SP/LP | 125 DOM
  • Ocean Four – 17201 Collins Avenue | 19 Closed Sales at $499 PSF (18% increase in PPSF since 1Q 2012) | 96% SP/LP | 231 DOM
  • Ocean Three – 18911 Collins Avenue | 9 Closed Sales at $429 PSF (10% increase in PPSF since 1Q 2012) | 88% SP/LP | 168 DOM
  • Ocean Two – 19111 Collins Avenue | 8 Closed Sales at $494 PSF (19% increase in PPSF since 1Q 2012) | 95% SP/LP | 122 DOM
  • Ocean One – 19333 Collins Avenue | 7 Closed Sales at $375 PSF (20% increase in PPSF since 1Q 2012) | 92% SP/LP | 75 DOM
  • Millennium – 18671 Collins Avenue | 4 Closed Sales at $441 PSF (10% decrease in PPSF since 1Q 2012) | 96% SP/LP | 249 DOM
  • Pinnacle – 17555 Collins Avenue | 8 Closed Sales at $526 PSF (23% increase in PPSF since 1Q 2012) | 94% SP/LP | 152 DOM
  • La Perla- 16699 Collins Avenue | 21 Closed Sales at $440 PSF (18% increase in PPSF since 1Q 2012) | 97% SP/LP | 111 DOM

Sunny Isles Beach Condo Index Summary

Sunny Isles Beach condo inventory is way down hovering 554 total condos for sale while property values have increased considerably (16% PSF Average). The average buyer discounts have decreased along with the number of days on the market it takes to sell a condominium. These oceanfront condo towers now have very healthy inventory figures as shown above in blue with less than an average 4% available. Each building & property will tell a different story on sales and trends while the bottom line is that the Sunny Isles Beach condo market has shown major signs of improvement (since 2009) on oceanfront real estate. It’s still an awesome time to buy Miami Beach real estate as long as you and the family will enjoy the property for years to come. Miami Dade County Beaches are in big demand and a very desirable place to call home.

Buyers ready for an oceanfront property? Call or email for the very best condo deals along Sunny Isles BeachBal HarbourNorth Bay VillageMiami Beach & South Beach. The buyer advantage is still pricing and leverage but we are consistently seeing multiple cash offers and dwindling inventory which are driving up values as we noted the 16% gain from earlier this year. As this new year comes to an end and inventory continues to decrease, I believe prices will show in favor for continued improvement and a fast transition back to a sellers market.

Selling or Leasing Your Condo? Now is the Time! Call or email me now for a personalized market report and global marketing plan surely to gain proper exposure for your condominium. Let’s start marketing today at 1. 888.383.7326 or direct 1. 305.978.7704.

If you’d like to receive local Miami Beach FL real estate news via these valuable blog posts, you can easily be notified by RSS feed (see upper right column) or by email each time a new real estate news post occurs. Visit JADE Condos Sunny Isles website & JADE Condo Blog relaying great information on JADE Beach & JADE Ocean along with Turnberry Ocean Colony Sunny Isles website & Ocean Colony Condo Blog for the ultimate luxury condo knowledge. The truth is in the numbers 1.888.383.7326 and I welcome your knowledge, opinions, comments & feedback.

Showing You the Very Best from Sunny Isles to South Beach!

(Figures are derived from the South Florida Regional Multiple Listing Service October 2012)

Filed under: Buyers of South Florida, Condos and Development, Luxury Residential Market, Seller's of South Florida, Sunny Isles Beach Condos

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