Miami Condos Investments

Entries from November 2007

Incredible Buy on a 1 Bedroom at The Grand – $299K

November 30th, 2007 · 34 Comments

I just came across a one bedroom/one bath listing at The Grand that looks to be incredibly well priced. It has 1,180 square feet of interior space. It is listed for $299,000, or $253 per square foot. There are a few other one bedrooms in the building that are listed for slightly less [...]

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Tags: Arts District Condos · Miami condos · Miami real estate · The Grand

Miami Condo Index – Brickell Key – November 2007

November 29th, 2007 · 4 Comments

The average price per square foot of condos listed in Brickell Key has gone down once again, as it has every month since I began this index. The average price per square foot of the ten condos, which represent the Brickell Key Condo Index, fell to $494.61 this month from last month’s figure of $501.55. [...]

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Tags: Brickell Key Condos · Brickell Key I · Brickell Key II · Carbonell · Courts Brickell Key · Courvoisier Courts · Isola · Miami Condo Index - Brickell Key · Miami condos · Miami real estate · One Tequesta Point · St. Louis · Three Tequesta Point · Two Tequesta Point

Closings to Begin at Opera Tower Very Soon

November 25th, 2007 · 28 Comments

Word reached me tonight that the crown top at Opera Tower has been illuminated. I have also been informed that the swimming pool and hot tubs have been filled.
This suggests to me that closings at Opera Tower will begin very soon, although closings were originally scheduled for September. However, when I drove by [...]

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Tags: Miami condos · Opera Tower

Brickell Condo Index – November 2007

November 25th, 2007 · 10 Comments

The following data was collected on November 18, 2007. It took me a while to get everything up due to the holiday and work. I made a correction to October’s data. The average price per square foot of closed sales over the previous six months at Vue at Brickell was previously stated [...]

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Tags: Atlantis on Brickell · Brickell Condos · Brickell on the River · Bristol Tower · Emerald at Brickell · Four Seasons Residences · Imperial at Brickell · Jade · Miami Condo Index - Brickell · Miami condos · Miami real estate · Neo Vertika · One Miami · Santa Maria · Skyline on Brickell · Solaris at Brickell · The Club at Brickell Bay · The Mark on Brickell · The Palace · Villa Regina · Vue at Brickell

Downtown Dadeland Project Developer Goes Bust

November 24th, 2007 · 11 Comments

This past week, the Daily Business Review published a very interesting real estate news story. The article, entitled “Condo Meltdown: Historic Failure in Kendall Project“, revealed that the developers of the Downtown Dadeland project, located in Kendall, have decided to walk away from the project and are handing the development over to the lender.
The article [...]

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Tags: Uncategorized