Beautiful 2 Bedroom Condo at Ocean Four in Sunny Isles Beach – Video

April 21, 2010 by Lucas Lechuga

The video below shows a beautiful 2 bedroom condo at Ocean Four in Sunny Isles Beach.  It has 1886 square feet of interior, two separate balconies, a laundry room, hard wood flooring throughout the living areas, marble flooring in the bathrooms and has an unobstructed ocean view.  At an asking price of $698,000, this is the best priced 2 bedroom/2.5 bath floor plan currently available at Ocean Four in the MLS.  The owner is willing to include the furniture in the sale of the condo at a negotiated price.

Contact us at info@miamicondoinvestments.com or 305-428-3860 if you have any questions or if you’d like to schedule a showing.

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28 Comments on "Beautiful 2 Bedroom Condo at Ocean Four in Sunny Isles Beach – Video"


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Anonymous
Richard
6 years 5 months ago

Lucas must have his helper trained–lots of new product. A floor plan attached separately to the article would be helpful to review after seeing a video.

Anonymous
Gixxer 1000
6 years 5 months ago
New sales info from March: Single family Homes: Sales 649 (up 46%) Median $197,500 (up 3.3%) Condos: Sales 835 (up 53%) Median $138,800 (up 10%) All it took was one month to show the ridiculous claims that some of the bearish people make here. In February the median condo priced dropped 11%. Instead of having common sense and looking at the fact that the median price fluctuates every month computer consultant used this as justification for the ridiculous claim Renter Tom kept referring to that home values would be 30% lower by September. Here is the quote: “With 11% price… Read more »
Anonymous
JL
6 years 5 months ago
Gixxer, When you post hard data like that, you need to provide a link. All reports I see -including the Florida Realtors Press Release- say prices are DOWN 4% (Miami existing SFH Median) and DOWN 8% (Miami existing condos) for March based on year over year comparison. (To the laypeople out there, Year over Year means they are comparing March 2010 vs. March 2009 as opposed to a sequential comparison of March 2010 vs. April 2010. Comparing housing numbers for the same month year over year helps avoid sequential seasonal effects) I’m not sure how you got your positive percentages… Read more »
Anonymous
Denis
6 years 5 months ago

Very good price for this unit.. Ocean 4 is a great building and is a solid investment.

Anonymous
Drew
6 years 5 months ago
Miami Real Estate Guru Gixxer affirmatively states that bottom hit in 2Q ’09. Too bad for all you suckers waiting on the sidelines. You missed the bus. Gixxer, pray tell, how do feel about the fact that as of today, 28% of all Miami-area mortgagors are at least 30 days delinquent (double the nat’l avg of 12.2%) coupled with an unemployment rate above 12%. Do you or do you not believe these factors will contribute to a further slide in housing values? If not, please explain. As always, thank you for sharing your wisdom with all of us.
Anonymous
Gixxer 1000
6 years 5 months ago
JL, I thought my point was pretty clear. I was responding to the ridiculous claim that was made last month using the month to month drop from Jan to Feb. I posted the exact quote: “With 11% price drop Jan to Feb, 30% drop prediction by Sep is not that far off…..” Obviously comparing a monthly change isn’t that productive because of the seasonality of real estate as you mentioned and the fact that monthly sales fluctuate. So using the fact that the median price dropped 11% from Jan (2010) to Feb (2010) was silly. Here is part of my… Read more »
Anonymous
Gixxer 1000
6 years 5 months ago
Drew, What does the fact that 28% of mortgages being delinquent or a 12% unemployment rate have to do with downtown condos??? 700 condos were sold downtown in the 1st quarter of 2010 alone. And that is in the current climate where you’re screaming about 12% unemployment. The overwhelming majority of people out of work are at the lower end of the pay scale. I don’t think waitresses, housekeepers, etc being out of work is going to stop people from buying luxury downtown condos. When you look at the unemployment numbers you see that unemployment rate among people with a… Read more »
Anonymous
owneratinfinity
6 years 5 months ago
Gixxer 1000, Again another great post #7, I myself have seen that the prices that the developer/starwood are closing units for in my Infinity Building has went up from last year when I bought my condo from the developer/Starwood. Last month, in March the developer/Starwood sold 4 units excatly like them (however these 4 were are lower floors) to an investor. The Investor paid $30,000 more per unit then I did. I am an end user and I am on the highest floor that my unit is built on. I was shocked. I was told that the deevloper/Starwood is in… Read more »
Anonymous
Drew
6 years 5 months ago

“Keep up all the good posts – It will be a very sad day when you get too busy with school, etc, that you will not have the time to post your comments on this site.”

That is quite possibly the funniest thing I’ve ever read.

Yes, indeed, it will be a very sad day. I get choked up just thinking about it.

Anonymous
owneratinfinity
6 years 5 months ago

Drew,

GROW UP!

this Gixxer guy is trying to educate us and all you do is to be negative towards him,

Anonymous
F-35
6 years 5 months ago

Drew,
don’t grow up!!!
Stay small and stupid.
This blog needs at least one village idiot to entertain the rest of us…

Anonymous
Joe
6 years 5 months ago
Gixxer 1000 — I keep asking and you keep not answering: If the Miami job market is so strong, and if Miami has anywhere from 250,000 to 500,000 “professionals,” as you’ve repeatedly claimed, could you please explain why the piddly 30,000 new Miami condos built during the boom STILL haven’t sold out (or, for that matter, why they didn’t sell out a year ago)? By the way, I read that the latest downtown survey shows that the occupancy rate at the downtown condos went from 68% a year ago to 74% today. That hardly seems like a big boom in… Read more »
Anonymous
Gixxer 1000
6 years 5 months ago
Joe, I never said Miami’s job market was strong. I’m simply saying that Miami has a similar percentage of professional jobs as other major cities. The problem with Miami isn’t professional jobs its middle class jobs. Miami seems to have a lot of people at the top and a lot at the bottom. It definitely is a problem. But if you’re a professional and you’re looking at these condos why would you care?? Use common sense. The approximately 250,000 professionals didn’t move to Miami over the last decade, the majority of them were already here and living somewhere. The 23,000… Read more »
Anonymous
Joe
6 years 5 months ago
Gixxer 1000 — Where do you see rock-solid proof that prices are rising? As someone else mentioned, an official realtor group released info. showing year-over-year DECLINES in Miami condo pricing. There seems to be about a 10 or 15 percentage point difference between the realtors’ numbers and the ones you keep using. Beyond that, your answer above re: professionals and housing wasn’t one of your better efforts on this site. Again, if there are 250,000 to 500,000 “professionals” in Miami, and if only 23,000 new condos units were built during the boom, then these condos should have flown off the… Read more »
Anonymous
F-35
6 years 5 months ago
Drew, you can grow up now, we have a worthy substitute called Joe. Joe apparently doesn’t know that out of those 23000 condos (not 30000 that are stuck in Joe’s mind) only 6600 were left on developers’ books at the end of March 2010, and will only be 6360 left one week from now, if the sales pace continues at 240 condos/ month. But of course Joe is totally clueless that condos are selling at about 12 per business day, because Joe lives in an eco chamber where he only listens to the sound of his own voice. Keep it… Read more »
Anonymous
BillP
6 years 5 months ago

Anyone else think that Gixxer and F-35 are the same person?

The only reason that the units are selling is that the prices are coming down. At a sales pace of 240 a month there is over a 26 month supply, and that doesn’t include resales and shadow inventory coming onto the market.

With rising interest rates and end to government incentives, my guess is that we are still looking at a downward price trend.

Anonymous
Joe
6 years 5 months ago
BillP — I’ve been starting to wonder the same thing about Gixxer 1000 and F-35. —— F-35 — Like your alter ego Gixxer 1000, you’re missing the point: If there have been 250,000 to 500,000 “professionals” in Miami right along — i.e., from before the boom, thru the bust, and now into the recovery — why the hell has it taken YEARS to sell just 23,000 units? If Miami really has such a strong job market (see Gixxer 1000’s recent posts about incomes, unemployment numbers, etc.) and 250,000 to 500,000 professionals, why didn’t the 23,000 new condos sell out 1-2… Read more »
Anonymous
gables
6 years 5 months ago

in the past, there has been alot of talk on this board regarding foreign buyers-Europeans and Latin Americans-keeping the Miami real estate afloat. anybody know what the recent activity is on the foreign front? things seem to be getting very messy with the Euro and Greece-curious if it has an effect over here yet.

Anonymous
F-35
6 years 5 months ago
BillP, if there is a downward trend, feel free to back it up with stats. Oh, sorry, I forgot, you can’t… wishful thinking is all you”ve got left. Joe, First, you completely make up the number (30000 condos) while accusing Gixxer 1000 of doing it, then you say that just because those condos aren’t selling as fast as you think they should, that confirms that Miami doesn’t have 250 000 professionals. That’s ridiculous. Those 23000 condos will be gone in 2 years at present tempo. I say that given the scale of overbuilding that took place, that’s really fast uptake.… Read more »
Anonymous
gables
6 years 5 months ago
F-35, the 30,000 number is not imaginary, it has been reported many times here and in other media outlets that over 30,000 units were built in the downtown area in the past past few years. i have noticed in the past year or so, since there was such a serious threat of oversupply to the price, this number has been getting cut. is the reduction due to fact or convenience? not sure. also, do you think the same developer rate will continue as foreclosures and short sales continue to flood the market? check out the building listings. filled with short… Read more »
Anonymous
drew299
6 years 5 months ago

seems to me bulk sales and people rushing in to get the tax break….also

investors believing the bottom is in -causing the increase in activity

however, prices over the next few years will head lower,

Anonymous
Gixxer 1000
6 years 5 months ago
gables, Yes the 30,000 number is imaginary. The exact number of condos built DOWNTOWN during the boom is 22,079, with another 879 due to come on line. That’s a grand total of 22,958 which is why every reputable source usually says about 23,000 condos. I don’t know where you and Joe keep getting this 30,000 number from. You’ve created an additional 7,000 condos that do not exist. Even Joe realized that I’m right which is why he switched to the 23,000 number after reading my post. I can provide a link that details every single building and every singly unit… Read more »
Anonymous
Gixxer 1000
6 years 5 months ago

Additional numbers regarding condos downtown:

“Between 1963 and 2002, developers constructed 11,500 units in the Greater Downtown Miami market. During the boom years of 2003 to 2010, more than 22,200 new units were added, nearly tripling the total inventory in Greater Downtown Miami.”

So basically there were 33,700 units built from 1963 and now. I think its obvious were only talking about the 22,079 built since 2003.

Anonymous
Drew
6 years 5 months ago

Good call on F-35 as Gixxer 1000’s alter ego. Upon further analysis, I agree. Note that F-35 did not refute the allegation above.

Gixxer 1000 refrains from the personal insults and nastiness in order to maintain an appearance of (perceived) legitimacy and (perceived) respect. So F-35 has been created in order to defend Gixxer’s noble work and hurl nasty comments at others. Genius.

Besides, there’s no way more than one jacka*s would ever choose to use a motorcycle and a fighter jet as their username, so it must be the same person.

Anonymous
Gixxer 1000
6 years 5 months ago
No were not the same person. I try to refrain from the nastiness because it has nothing to do with the market which is my only concern here. But through observation maybe Drew and Joe are the same person. I mean, can there really be TWO people who are completely misinformed??? Lucas clearly has the ability to stop me from posting as someone else if he want’s to. He could have simply gotten rid of me when he stopped all the other nonsense. I personally would like nothing more than Lucas to step in and set the record straight so… Read more »
Anonymous
DJ
6 years 5 months ago

This seems like a great unit. If it was just a bit farther south (say 80th st. or below), it would definately spark my interest.

Anonymous
Joe
6 years 5 months ago
Gixxer 1000 said: “Both of you seem to focus your time and attention on attacking me instead of supplying any actual facts.” Melodramatic much? I’ve spent zero time “attacking” you personally. I *have* attacked some of your conclusions, but that’s sort of the point of a discussion thread, isn’t it? Back on topic, does your “more than 22,200 condos built since 2003” number include condo conversions or is that just a reflection of new construction? There were many thousands of condo conversions in Miami. If the “30,000 condos” number is wrong, it’s wrong, but as gables said above, 30,000 is… Read more »
Anonymous
why bother
6 years 5 months ago

Joe, admit it. its over. your teams time has come and gone.

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