Turnberry Ocean Colony 2 Bedroom with Direct Ocean View – Picture Tour

July 11, 2009 by Lucas Lechuga

This is a follow-up post to the picture tour of the common areas at Turnberry Ocean Colony.  Below you will find a variety of pictures of a 2 bedroom/2.5 bath condo with 2,235 square feet of interior and 435 square feet of balcony that I toured with a client at Turnberry Ocean Colony.  It is located on the 9th floor, has a direct ocean view and overlooks the beach and swimming pool.  The asking price was $1M, or $447 per square foot.

Direct ocean view the moment you step into the unit

Living Room - Turnberry Ocean Colony

Double entry doors into the living room

Living Room - Turnberry Ocean Colony

Kitchen with Italian cherry wood cabinetry and stainless steel appliances by Miele and Subzero

Kitchen - Turnberry Ocean Colony

Another shot of the kitchen at Turnberry Ocean Colony

Kitchen - Turnberry Ocean Colony

Kitchen with a direct view of the ocean

Kitchen in a 2 bedroom at Turnberry Ocean Colony

Master Bedroom

Master Bedroom - Turnberry Ocean Colony

Balcony off the master bedroom and living room

Balcony off the master bedroom and living room

2 person Jacuzzi with TV monitor

2 person Jacuzzi tub - Turnberry Ocean Colony

Master bathroom

Master Bathroom - Turnberry Ocean Colony

Master bathroom

Master Bathroom - Turnberry Ocean Colony

European steam shower

European Steam Shower - Turnberry Ocean Colony

Steam shower control

Steam shower control

Bidet and toilet

Master Bath - Turnberry Ocean Colony

Second bedroom

Second Bedroom - Turnberry Ocean Colony

Second bathroom

Second Bathroom - Turnberry Ocean Colony

Laundry room inside the 2 bedroom condo

Laundry room - Turnberry Ocean Colony

Northeast view from the balcony

Northeast view from Turnberry Ocean Colony

Direct east view from the balcony

Direct east view from Turnberry Ocean Colony

Southeast view from the balcony

Southeast view from Turnberry Ocean Colony

The condo overlooks the swimming pool

Overlooks the swimming pool at Turnberry Ocean Colony

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175 Comments on "Turnberry Ocean Colony 2 Bedroom with Direct Ocean View – Picture Tour"


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Anonymous
Donzi
7 years 2 months ago

Wow, Nice new post AJ! Whats not to like here?

Anonymous
Joe
7 years 2 months ago

Unit looks nice.

As a side note, Lucas, you’ve got ~ 40 pictures on the front page of your site right now. This site is getting tougher and tougher to visit on a regular basis when on a computer, and almost impossible to visit on a mobile device. You might want to start posting one or two pics per post on the front page, and then use a “More …” link for the rest.

Anonymous
Odd & Sods
7 years 2 months ago

Very nice indeed but not that nice to pay $447 per sq ft as it is $322 per sq ft overpriced

Anonymous
Odd & Sods
7 years 2 months ago

To Post #2

Dude you shoulda bought a Dell

Anonymous
7 years 2 months ago
This is a great unit Lucas. TOC 2BR (Exuma) sale prices ranged from $1.1M to $1.750M last year and we’re looking at 2009 selling values from $1.1 to $1.4M. In the last 6 months, TOC finally began dropping in value with it’s Southern counterpart having speculator competition (21% inventory) driving down values. Deeply discounted units are averaging 22% off list in some cases but the biggest deterant are the maintenance costs from $2200 – 3600 (No tipping allowed at TOC). Today, the average 2009 TOC selling PPSF is at $550 (6 sales) with an average asking PPSF at $699… Limo… Read more »
Anonymous
short sale advice
7 years 2 months ago

We made an offer on a short sale. The lender is requesting a $2500 non-refundable deposit to stop the foreclosure sale. Is this a typical request in a short sale process?

Anonymous
Miami2009
7 years 2 months ago

Nice. It even has a separate tub and shower for RT 😉

Anonymous
Renter Tom
7 years 2 months ago
Yep – TOC is a very nicely done project albeit a bit still over priced. The 2/2.5 is very nice but lacks any west facing windows….the other floorplans all have west facing windows in addition to the great east views. Not a really big deal though. The high HOA fees are the biggest downfall for this building, especially if you only use the unit occasionally. If yo used it just 3 months out of the year, the effective HOA fee per month is something over $8K or even a lot more. The competition from the Trump Towers next door should… Read more »
Anonymous
Skeeta
7 years 2 months ago

TOC is not my cup of tea but it is certainly upscale or at least trying very hard. Under $500 per sq ft for luxury oceanfront is a not expensive. The HOA fees are high because the units are huge and they have a ton of amenities, again if that’s what you are looking for. If someone can afford this and likes this kind of living they will probably think it’s a great opportunity. I just don’t like Sunny Isles to begin with but that’s just me.

Anonymous
Renter Tom
7 years 2 months ago

Skeeta – Just curious about why you don’t like Sunny Isles Beach. I find the location so convenient to everything…airports, malls, other shopping, nice well maintained beaches, etc. I agree it doesn’t have a “nightlife” per se.

Anonymous
Joey Myers
7 years 2 months ago

At $250 a sq. ft. I’ll take one for sure…..and I’m sure Renter Tom will too.Guess we’ll have to wait a bit longer Renter Tom.I’d say by Feb. /March 2010.

Anonymous
Tom C
7 years 2 months ago

Hi everyone, I have been searching for a condo to buy in Brickell, I went to 500 and the Plaza but they dont have nice views..any new building around the area for around 220 psf with nice views??

Anonymous
7 years 2 months ago
#8. The Southern counterpart was in reference to TOC newer South Tower. Trump Tower I, II, III has such a bad reputation I couldn’t even compare it to the TOC development or use them in the same sentence (although I just did..lol). #10. Is there something beginning with Newport’s Kitchen 305 trying to boast a nightlife? Been waiting for something.. there was a rumor that the old Da Vinci parcel purchased by RK would be a new Nicki Beach styled complex which may or may not happen.. I tend to doubt it. I did here an outstanding rumor from a… Read more »
Anonymous
Renter Tom
7 years 2 months ago
Ashton Coleman – I clicked on your name thinking it would be a link to your website but got a link to the Jades in SIB….and to be honest, I had to think “are you kidding me”. Maybe you can update everyone on the success of the Jades with stats. As I understand Jade Beach was hit with foreclosures right out of the gate and Jade Beach hasn’t exactly been hopping with ZERO lights on many nights. I had heard a rumor about the Jades, more specifically about Jade Ocean, but won’t repeat here since only a rumor. So, I… Read more »
Anonymous
7 years 2 months ago
Renter Tom- Sure bud.. I’d like to soon see you as ‘ProudOwnerTom’..!? I’m friends with Lucas and a BIG fan of this blog. I’ve always learned a lot from you all and had zero to contribute; until now. The Jade site you clicked on is mine and thank you for exploring as each of my links on this thread contain three of the 4 sites. I own & operate 2 blogs and 2 sites all which pertain to the beaches. I guess you could say I’m a fan of anything Miami oceanfront, Jade Beach & Jade Ocean especially for that… Read more »
Anonymous
Dave
7 years 2 months ago

Lucas – Are you posting a Miami condo closing update soon?

Anonymous
Skeeta
7 years 2 months ago
I was born and raised in Brooklyn and I have lived in NYC, Rio, San Juan and now South Beach. I am comfortable in an urban environment where I can step out and go for a walk, shop, catch a movie etc without getting in my car. I have to admit that Sunny Isles is very convenient for getting around but the environment is too sterile and it is overbuilt and poorly designed for a beachfront setting. The building are way too tall and I do not get a sense of community. I prefer smaller condos. For me the area… Read more »
Anonymous
Wild Bill
7 years 2 months ago

Court docs for Jade Beach are under Fortune Beach LLC. Is this correct? What kind of legal action are these buildings having? Why no street level neighborhood photos? Do they have a Publix?

Anonymous
Renter Tom
7 years 2 months ago
Skeeta – I think SIB had to allow tall buildings in order to make it financially feasible to buy out the existing structures/motels. So, I would probably characterize the city people differently than you did. In land re-development you have to allow for higher density buildings and that mean taller buildings…they also took into account view of buildings on the west side of collins too. For land re-development you buy the cheapest stuff first…hence the little motels went first, then the slightly larger ones…but you won’t find anyone buying the Newport Resort to knock it down in the next 10+… Read more »
Anonymous
AJ
7 years 2 months ago
skeeta #17, you just put words to my very uncomfortable feeling regarding SIB. I always hated it and I tried to explain it but I could not describe it. You just hit the nail in the head. I went with Lara to see her La Perla flat ( Lara, thank god you are out of SIB. Please don’t reinvest there. a sincere advice from a friend). The beach is so narrow in SIB, I will be scared to sleep in any of those buildings thinking that my building will be washed away by the high tide. All other valid reasons… Read more »
Anonymous
jcrimes
7 years 2 months ago

short sale advice
that’s borderline insane. the lender controls the foreclosure process. all the bank has to do is call its counsel and say reset the foreclosure sale for 90 days out to see if we can sell this place. frankly, i’d tell the bank to go f%^k itself if they insisted on this fee.

Anonymous
7 years 2 months ago

I don’t know where the narrow beaches in Sunny Isles comes from but Bal Harbour leads the pack in narrow beaches (to the point of major concern): http://miamibeachrealestateblog.us/2009/06/15/bal-harbour-beach-erosion-the-2009-replenishment-project/

Sunny Isles Beach width: http://www.flickr.com/photos/ashtoncoleman/3625681863/
Bal Harbour width: http://www.flickr.com/photos/ashtoncoleman/3350183358/

Anonymous
Renter Tom
7 years 2 months ago

AJ #20…. seriously, tell us what you really think! Man o man, you really have an imagination. I honestly think you are a kook…..why would you go to all the trouble to see Lara’s unit in La Perla? If you hate SIB so much, why even look. Didn’t know Lara sold the La Perla unit. What floorplan was it again? An “06” line or something. SIB doesn’t have the problems you envision…utter nonsense. Unlike most of SoBe, SIB was built recently and to much much tougher building codes.

Anonymous
7 years 2 months ago

The Whole Foods that was supposed to go into Met Miami but didn’t pan out, is there a replacement tenant for that space? There used to be rumors of a Trader Joe’s. thanks

Anonymous
cc
7 years 2 months ago

Ashton,
Since Ocean Veiw/ocean reserve was mentioned.

I have heard that it has highest number of REOs in SIB which is a bad thing for those who own there right now but might be a good thing for someone looking to buy.

What do you think about buying there either as a vacation home or rental property? What would be good price per sf? Is it hard to rent out an apt there?
Thanks

Anonymous
7 years 2 months ago

yes sunny isles does suck in many ways but so does most of miami for many of the same reasons ??

and why am i spending a million on a condo ??? whats the maint ??

maybe someone saw the article in the herald on miami $$ today ?? or saw that the top banking anaylyst predicts 13 percent unemployment
which is realy 20

so lets keep worrying about million $ condos in a city which could look like the movie escape from ny in a few years

Anonymous
Lara
7 years 2 months ago
AJ, how are you? Partially I agree with Skeeta but a lot of people like SIB. IT is not a pure retirement community anymore. AJ, I think your thoughts about buildings being washed out by the ocean in SIB are your pure rich imagination. I appreciate it but far from reality. IT is really a matter of taste here. The beach is nice and the water is great when it is clean. I like some little cafes and restaurants in SIB. RT, yes I sold my apartment 07 line. Actually I invited AJ to visit it and look at it.… Read more »
Anonymous
Renter Tom
7 years 2 months ago
Lara said: “it is not that far from other areas.” – Yep that is one of the good things about SIB. Close to a lot of stuff. SIB is decent, is it the top of the top? No, but decent. Lara also said: “I think that from an investment point of view all ocean front apartments are extremely overpriced. If you buy one for yourself then it is a very different story. ” – Why is it a very different story. I think that is were we differ on opinion. From a wealth preservation and accumulation perspective, there is no… Read more »
Anonymous
Renter Tom
7 years 2 months ago

drew299 – Where is that article about possible 13% unemployment? I’d like to review it to see if in the realm of probabilities. Key words or a link would be helpful. Thanks!

Anonymous
AJ
7 years 2 months ago
Lara, Hi. Been extremely busy renovating an old house to rent it out as the rental market is quite good in NY right now. Regarding the part of “My fertile imagination”, it is not. The sea will come up to the collins avenue in a major storm. The buildings maybe built like a tank but that is immaterial when the lobby would be covered under water. Why wait for a storm, There will be no beach in SOBE in 60-90 years. In case of SIB, the beach should disappear in 30-40 years in a high tide and the water would… Read more »
Anonymous

Beautiful condo!

Anonymous
Skeeta
7 years 2 months ago
Y’all gotta take a step back and take a deep breathe. Life’s too short to take this stuff so seriously. True the economy sucks right now but it will get better. If you like a particular apartment in a particular neighborhood go for it. In the long run you will be fine if you do a little homework. You can spend your life analyzing this stuff and never make a move. “The price is gonna go down, the tide is gonna come up, I’ll wait another year, I’m gonna lose money, he’s gonna make money”…it’ll paralyze you! I’ve bought property… Read more »
Anonymous
Wild Bill
7 years 2 months ago

Property taxes and maintenance fees make Miami a losing market. Just because something in the past worked out doesn’t mean it will work in the future.
Don’t forget property tax increases are up for a vote soon. Good luck with that. Mass exodus coming soon.

Anonymous
Renter Tom
7 years 2 months ago
Skeeta said: “I’ve bought property in Rio de Janeiro, San Juan, Miami and New York and never lost a dime. Lived in all those places and enjoyed them and made money when I sold them. That wasn’t my plan but hell if I sat around analyzing every aspect of the market the way you guys are doing I’d still be sitting at home in Brooklyn!” – It is different this time…..previously, for the more part, home prices went up (at least in nominal dollar terms). Now they are not and are in fact falling very hard. We can all live… Read more »
Anonymous
Skeeta
7 years 2 months ago
I know some people who walked away from deposits rather than close on units in downtown Miami and yes it was very painful. Interestingly, not one of them however was planning to live there! I agree that if you want to buy a million dollar condo in one of those new buildings in SIB you are living in la la land, And yes if you bought a million dollar condo in the last couple of years you are probably upside down at this point. Fortunately the vast majority of homeowners are not in that predicament. If you bought four or… Read more »
Anonymous
Visionary
7 years 2 months ago

Skeeta,

Your #31: You cannot argue with those bloggers, it isn’t worthwile.
They sit the whole day behind their PC’s, crunching numbers and celebrating their pessimism.
They don’t know how to live. If you wait the whole life for the luck to come, it will never happen, because in your blindness you already missed it.

Anonymous
AJ
7 years 2 months ago
wild bill #32, Yes the prop taxes and maint are high for Miami. But that is expected as people living here expect the sky. The same is not true with the denizens of other cities. For some reason, miamians are the prissiest bitches (both genders) I have ever seen. They cannot tolerate a single eyesore around them, they want super duper amenities in their building and so on. In fact they are the biggest wasters on the planet, more than any other American (who BTW are the biggest wasters of all). All that costs money. Lots of money. If they… Read more »
Anonymous
Lara
7 years 2 months ago
Prices are actually coming down. Today I saw in La Perla which is an oceanfront new building in SIB. BTW I like it. But this is besides the point. 2bd. (I think aprt. 902) almost 1,700 sq.ft. for $400,000. At the end of 2001 beginning of 2002 pre construction prices for 2bd.units were $360,000. Considering closing, developer’s fee and floors that should come to $400,000. This is for the first time I see price going that low in this building. If you want to live there I think it is an excellent price. Though I do not know that particular… Read more »
Anonymous
Renter Tom
7 years 2 months ago

Lara – That 902 unit sold for $707,616 in 1/2007. Odd price. Wonder why $400K now?

Visionary – You have to admit that the whole real estate bust is a very fascinating thing to study. I find it very interesting. But then again, I like Bob Shiller’s work in behavior economics…and of course people’s ability to comprehend the situation or their desire to go into denial, bury their head in the sand, etc.

Anonymous
cc
7 years 2 months ago

Anyone familiar with Ocean view/ocean reserve in SIB and can share their opinions?

Based on listings a just saw looks like HOA went up from 500 to 700/month

Anonymous
OPH
7 years 2 months ago

Lucas is listing a condo (#510, 3 bed 3 ba) in Continuum South Tower, SOBE, at $542 psf. That’s at least 20% lower than any other unit there. Does anyone know whether there is a reason for this price, specific to that unit? Or is this where the market is heading, given that no-one is buying at the asking prices for the other units?

Anonymous
7 years 2 months ago

re: Continuum 510

Low floor and a North-West view. ie. nice view of nothing.

Also, there is a detached adjacent 5 story structure with a pool on top that you have a straight view into and they have a straight view into you.

Anonymous
AJ
7 years 2 months ago

I always knew Miami job market is bad but this sucks. We are dead last along with Detroit for new job postings per capita. I absolutely hate it. At least Tampa and Jacksonville are doing much better than Miami in Florida. The city pols are the worst scoundrels in America. Instead of attracting business and industry by giving incentives, these arseholes are busy trying to build a ball park and raise our taxes. Do we ever get relief from these SOBs?

http://www.indeed.com/jobtrends.jsp

Anonymous
7 years 2 months ago

Family Businesses Are Reeling in Recession

http://www.nytimes.com/2009/07/14/us/14flag.html

Miami is disproportionately dependant on discretionary spending so it’s more vulnerable during a recession.

Anonymous
George
7 years 2 months ago

RE: # 37,38
The 400K for unit 902 at LaPerla is a joke. I have already called the agent and was told that there are several offers over 100K from listing price. For a total oceanfront unit it would have been a steal. Unfortunately the agents throw in a price and expect a bidding war.

Anonymous
Lara
7 years 2 months ago

thanks Goerge for clarifying the issue. You see if it is not a foreclosure then if someone offers asking price the seller is supposed to accept it. Is not that the rule? I know that for $450,000 you can buy 2 bd in this building. There were such sales in the past. If it is a foreclosure then it is a different story.

Anonymous
DJ
7 years 2 months ago

If it’s not a foreclosure than the seller has to accept an offer at asking price? That doesn’t make a lot of sense. Why wouldn’t the seller be able to do whatever he wants with his own property?

Anonymous
gables
7 years 2 months ago
AJ, The job issue has been raised here before. Its a major problem in Miami. For such a large metro area there are few legitimate ways to be a local with wages high enough to buy many of these luxury units. And the pols obviously continue to operate the region like a banana republic, where fraud and payouts are an accepted part of society. This place is a great area to move to once you have made your money elsewhere. But to make your lot in life here, through legitimate means, is extremely difficult. You find very few self made… Read more »
Anonymous
Wild Bill
7 years 2 months ago

Legacy Park town home association in the Central Florida city of Davenport filed for Chapter 11. They owe Comcast cable $105,305 for a past-due cable bill.
I can only imagine what the dumb investor controlled boards in Miami are going to pull. Probably not even paying any condo bills and spending building money on hookers and blow.

Anonymous
Renter Tom
7 years 2 months ago

DJ – It depends if the list price is an “offer” which someone can accept. I don’t know the specifics about FL real estate contract law, but I would hazard that a list price is not an “offer” in contract law terms….

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