2 Bedroom @ Midtown 2 for $299,000
About 40 minutes ago a 2 bedroom/2 bathroom unit at Midtown 2 came on the market for $299,000, or $301 per square foot. The unit has a 992 square feet of interior space and 1,417 total square feet when including the large wraparound balcony. The unit comes with stainless steel Jenn-Air appliances, custom Italian cabinetry, granite countertops, washer/dryer and an assigned covered parking space. Amenities at Midtown 2 include: free valet, swimming pool, hot tub, 24-hour security/concierge, fitness center and sauna.
The next best priced 2 bedroom at Midtown 2 is listed at $399,000, or $353 per square foot. Yesterday I posted an entry about Midtown 2 and opined that prices at Midtown 2 would eventually move down towards the $280-$360 per square foot range. I just didn’t think it would happen this fast.
The allure of the Midtown project has always been the Shops at Midtown Miami. It brings an urban lifestyle to Miami that had been missing. In Miami you need a car to get to almost anything. For the first time, a car won’t be needed to access a variety of shopping needs. A grocery store and a variety of shops are located within walking distance to those who will live at any of the Midtown buildings. Thus far, stores that have opened at the Shops at Midtown include: Super Target, Circuit City, Linens ‘n Things, Pet Smart, West Elm, Ross Dress For Less and Marshalls. Additional stores will open within the upcoming year as more of the development gets completed.