A 3 bedroom/3 bath foreclosure at Mosaic came onto the market earlier today.  The condo has 1,507 square feet of interior space and 333 square feet of balcony.  The list price is $702,900, or $466 per square foot.  The flow-through unit is located on the 15th floor and has direct ocean and city views with [...]

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South Beach Closed Condo Sales – November 2009 – There were 78 closed condo sales in South Beach last month.  The average sales price of these condos was $342 per square foot.
Miami Beach Closed Condo Sales – November 2009 – 59 condos in Miami Beach closed in November.  One of the sales did not include [...]

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I was looking through the recently closed sales in South Beach and came across a 2 bedroom/2 bath condo foreclosure at Murano Grande that sold for $475,000, or $331 per square foot on February 9, 2009.  This is by far the lowest that a 2 bedroom condo in the Murano Grande has sold through the [...]

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I receive a number of phone calls each week from nonlocals looking to “steal” a condo in South Beach directly on the beach. I tell them every time that it’s just not happening. Beachfront property is still in very high demand.
Case in point is a foreclosure condo at Bentley Hilton that became available [...]

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A 3 bedroom/2 bath condo foreclosure was listed earlier today for $444,900 at The Floridian located at 650 West Avenue in South Beach. The condo is located on the 28th floor and faces west with direct views of Biscayne Bay, the Downtown Miami skyline and Star, Palm and Hibiscus Islands. The bank is [...]

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