Hello friends… I’m writing posting today regarding the luxury condo hotels along the Atlantic coastline from Sunny Isles Beach to South Beach. There are many great condo hotels along the Miami Dade Beaches to choose from with each having desirable characteristics such as the Trump International Beach Resort with excellent values and amenities including the lagoon pool, children’s play area  and waterfalls. Location plays a crucial role so I’ll be comparing to South Beaches exclusive condo hotels including the Setai and Bentley Beach Hilton. There are 2 new condo hotels coming very soon which may dominate all others for concierge “white glove” services and these include the St. Regis in Bal Harbour (2011) and the W South Beach Hotel (2009). These will each be a blog post in their own.. I’ll be relaying simple statistics on the very best oceanfront condo hotels in order of location below.

Sunny Isles Beach Condo Hotels

• Trump International Beach Resort | 18001 Collins Avenue | Price Range $170,000 (450 sf) to $1.090M (1477 sf) | Ave PPSF$535
• Le Meridian M Resort | 18683 Collins Avenue | Price Range $289,000 (688 sf) to $899,000 (PH 1497 sf) | Ave PPSF$502
• Acqualina Resort (Rosewood) | 17875 Collins Avenue | Price Range $700,000 (709 sf) to $12.9M (8081 sf) | Ave PPSF$830
• (Sonesta) Sole on the Ocean | 17315 Collins Avenue | Price Range $259,200 (644 sf) to $720,000 (1201 sf) | Ave PPSF$526
• Ocean Point Beach Club (DoubleTree) | 17375 Collins Avenue | Price Range $349,000 (960 sf) to $720,000 (1860 sf) | Ave PPSF$370
• Aventura Beach Club (Ramada) Marco Polo Resort | 19201 Collins Avenue | Price Range $74,000 (360 sf) $319,000 (440 sf) | Ave PPSF$403

Bal Harbour Condo Hotels

• One Bal Harbour (Regent) | 10295 Collins Avenue | Price Range $500,000 (510 sf) to $5.1M (4000 sf) | Ave PPSF$965
• St Regis Resort | 9701 Collins Avenue.. coming soon!

Miami Beach Condo Hotels

• Fountainebleau Hotel (II & III) | 4441&4391 Collins Avenue | Price Range $389,000 (516 sf) to $14.9M (5000 sf)  | Ave PPSF$958
• Canyon Ranch Living | 6801 Collins Avenue | Price Range $395,000 (960 sf) to $3.750M (2670 sf) | Ave PPSF$811

South Beach Condo Hotels

• Setai Resort | 101 20th Street | Price Range $1.199M (767 sf) to $7.785M (2354 sf)  | Ave PPSF$1861
• W South Beach | 2201 Collins Avenue .. coming soon!
• Bentley Beach Hilton | 101 Ocean Drive | Price Range $359,000 (365 sf) to $1.575M (1050 sf)  | Ave PPSF$1030
• Roney Palace (Gansevoort) | 2301 Collins Avenue | Price Range $140,000 (760 sf) to $995,000 (1488 sf) | Ave PPSF$445
• De Soliel Z Hotel South Beach | 1437&1458 Collins Avenue | Price Range $450,000 (500 sf) to $900,000 (500 sf)  | Ave PPSF$1124
• Shelbourne Hotel | 1801 Collins Avenue | Price Range $79,000 (280 sf) to $649,000 (940 sf)   | Ave PPSF$459

Condo Hotels offer an owner a care free lifestyle with everything awaiting your arrival from fresh linens to coffee filters, maid service to room service and the hotel income split is typically 50% to the hotel management in place. These conveniences allow certain yearly time usage at the owners request along with passive income and the potential for future appreciation unlike a timeshare. Miami is rated#2 in the Nation for hotel occupancy and even so the prices have been adjusted for the economy anywhere from 10-20% from last year. Business is still very good with an overall Miami Dade occupancy average at 68% and average room rate at $177 a night.

I welcome any comments you see useful and informative for the many readers. I welcome accurate information or interesting conversation on Miami Beach condo hotels…

Looking for an affordable Vacation Rental on Ocean Drive? Or do you need better management on your Ocean Drive condo ? Visit us at MiamiDreamRealty.com | 1.888.383.7326 (ext 2) and ask for Jennifer!

Sunny Isles Beach Lifeguard

I just closed on an Ocean Drive condo listing within (a new record) 2 weeks from start to finish. The buyer got a great deal and the seller had over $100k in equity so everyone was thrilled. I was also intrigued with the speed of sale and decided to write a short post on what it takes and so today’s conversation is centered on selling fast in the current Miami Beach real estate market. Is this possible you ask? Of course it is and here’s how…

1. Position the Miami Beach Condo in the Right Price Range.

When buyer’s search they have a specific price range in mind. If your Miami Beach Condo is priced at $1.1M you may have more traffic in the $999K price point or instead of $325K price it under the $300K mark where your buyer’ online search criteria begins.

2. Have the Adequate Knowledge and Information Available.

Whether it be knowledge of the area, building or Miami Beach condo it is crucial to have the answers to buyer’s many questions. A lack of information is a waste of valuable time when selling fast.

3. Put out Great Information.

From videos to fliers and professional photography, a buyer looks at the many marketing methods to many times fall in love site unseen or prior to previewing your Miami Beach home or condo. With the surpluss of International and out of state buyer’s it is imperative to have the best in video and photography to paint the properties features and location lifestyle expected along the Miami Beaches.

4. Market to Your Neighbors

Neighbors many times have friends and family looking in the same area or buildings along Miami Beach. The method of letting these valuable resources know that you are now selling is extremely powerful for finding a fast buyer.

5. First Offers Sometime Rule.

Don’t believe that holding out for a better offer is the right choice. The first offer has enthusiasm, energy and ense of urgency that the second offer may not have related to acquiring your Miami Beach home or condo. They typically know what they want and have had their eyes on the location or Miami Beach building for some time. Your monthly holding costs associated for waiting out a higher or better offer may ot make financial sense as each month costs you thousands. Negotiate well but make the first deal work and move on to the next goal in mind. Watch below as Ian Watt relays this well…

When timing is important and you’re ready to sell your Miami Beach Condo or Home fast, call or write me to discuss marketing and interview. If you’d like to receive the latest local real estate news via blog postings & updates, you can easily be notified by RSS feed (see upper left column) or by email above every time a new posting occurs. Have a great week and call any time toll free 1.888.383.7326 or view new condos here.