Courvoisier Courts – 2 Bedroom/2 Bath Foreclosure – $449,900

Courvoisier Courts

There’s a 2 bedroom/2 bathroom condo foreclosure at Courvoisier Courts in Brickell Key that is listed for $449,900. The condo has 1,288 square feet of living space. It also comes with two assigned parking spaces.

I took a look at the unit tonight for an interested client. It is in tip-top condition. The living room has large tiled floors and the bedrooms have brand new carpeting.

The bank’s judgment against the previous owner was for $444,748.00. The condo was foreclosed on June 28, 2007.

The lowest that a 2/2 has sold for at Courvoisier Courts in the past six months is $475,000. That was for an 05 line on the 17th floor. There were also two other 2/2 units that closed within that time frame. Those closed for $540,000 and $555,000. An 06 line unit on the 24th floor sold for $555,000 on June 28, 2007.

The unit doesn’t have a water view though since it is only on the fifth floor. It is an 06 line. The other 06 lines have a partial water view at best though since they face northeast and have obstructed views by other developments. The balcony was pretty large and deeper than most units I’ve seen at Courvoisier Courts.

Brickell Key is one of the most exclusive neighborhoods in Miami. I think getting this condo for $419,000, or $325 per square foot is a solid buy. The July Brickell Key Condo Index revealed that the average price per square foot of condos listed at Courvoisier Courts was $482.45. The average price per square foot of condos sold in the past six months at Courvoisier Courts was $415.01. Most units at Courvoisier Courts come with carpeting throughout, as they were delivered when the building was converted into condos. As mentioned before, this unit has tiled floors in the living room and carpeting in the bedrooms.

Courvoisier Courts was built in 1997. Courvoisier Courts offers fantastic amenities which include: full-service concierge, 24-hour security, fully equipped business center, bi-level fitness center, racquetball/squash courts, bayside swimming pool and sundeck, club room with billiards table, theater room, and valet parking. Courvoisier Courts has a total of 272 condo units in the building.

Courvoisier Courts swimming pool

This is a great opportunity to own a 2 bedroom at Courvoisier Courts for over 20% less than what 2 bedrooms have sold for at Courvoisier Courts in the past six months.

Foreclosure at Yacht Club at Portofino – 2 Bedroom/2 Bath – $669,900

Yacht Club at Portofino

There’s a 2 bedroom/2 bath condo foreclosure at Yacht Club at Portofino in South Beach. It has 1,090 square feet of interior space and faces west towards Biscayne Bay, Fisher Island and the Miami city skyline. The condo also has a view of the swimming pool deck at Yacht Club at Portofino. The unit is listed at $669,900, or $615 per square foot. The South Beach Condo Index for July revealed that Yacht Club at Portofino had an average price per square foot of $745.27 for units listed in the building. The average price per square foot of units sold over the preceding six months was $665.19. According to the Miami-Dade County website, the previous owner paid $780,000 for the unit in May of 2006. The list price is good but I think it has room to come down quite a bit.

Yacht Club at Portofino

The unit looks to be in great shape. Take a look at the picture slideshow below to view a variety of pictures that accompanied the MLS listing.

This is not a short sale. It is a bank owned property. From my experience, buying a bank owned property is much easier than buying a short sale. When you purchase a short sale the bank usually takes 4-6 weeks to respond to any offers received. Just because the seller signs the contract does not mean that the bank is going to accept the submitted offer. In the past two months I had two short sale deals fall apart because the bank was not willing to negotiate. They wanted market value for the unit and would take nothing less. I find it shocking, that with foreclosure rates soaring, that banks are so inflexible. It will end up costing them more in fees if they end up repossessing the property. Bank owned properties are much easier to deal with because you usually get an answer back from the bank regarding your offer within 2-3 business days.

Yacht Club at Portofino is a luxury high-rise condo building located in the South of Fifth neighborhood of South Beach. It is arguably the best and most luxurious neighborhood in South Beach.The address of Yacht Club at Portofino is 90 Alton Road. If you or anyone you know is interested in this 2 bedroom foreclosure then please feel free to contact me by phone or email.

Miami Condo Index – Brickell Key – July 2007

Brickell Key

This is the second installment of the Brickell Key Condo Index. The data was collected on July 27, 2007. Overall, list prices declined about .82% in the past month for condos listed in Brickell Key. The average price per square foot in June for condos listed was $519.97 versus an average price per square foot of $515.71 for the month of July. The weighted-average price square foot in June was $513.19 versus $510.83 this month. Each building in the index, except Brickell Key One and Two Tequesta, had a decrease in their average price per square foot over the past month.

The average price per square foot of condo units sold in the past six months was $442.69. This is compared to an average price per square foot of $445.59 for condos sold over the preceding six months in June. Prices went down about .65% in Brickell Key in one month’s time. The weighted-average price per square foot for condos sold in the past six months in Brickell Key was $439.02. This compares to a weight-adjusted average of $441.05 in June.

  • Brickell Key I – 520 Brickell Key Drive | 33131 | $378.28
  • Brickell Key II – 540 Brickell Key Drive | 33131 | $409.79
  • Carbonell – 901 Brickell Key Drive | 33131 | $498.08
  • Courts Brickell Key – 801 Brickell Key Drive | 33131 | $436.67
  • Courvoisier Courts – 701 Brickell Key Drive | 33131 | $415.01
  • Isola – 770 Claughton Island Drive | 33131 | $465.90
  • One Tequesta Point – 888 Brickell Key Drive | 33131 | $444.10
  • St. Louis – 800 Claughton Island Drive | 33131 | $466.15
  • Three Tequesta Point – 848 Brickell Key Drive | 33131 | $480.92
  • Two Tequesta Point – 808 Brickell Key Drive | 33131 | $431.99

The sold-to-listed ratio, expressed as a percentage, of each building is found below. Overall, the average Brickell Key condo this month is listed 16.39% above what closed sales have dictated. The weighted-average reveals that the typical Brickell Key condo is listed 20.63% above average closed sales. Both of these numbers are down from last month.

  • Brickell Key I – 520 Brickell Key Drive | 33131 | 6.83%
  • Brickell Key II – 540 Brickell Key Drive | 33131 | 18.07%
  • Carbonell – 901 Brickell Key Drive | 33131 | 18.30%
  • Courts Brickell Key – 801 Brickell Key Drive | 33131 | 11.03%
  • Courvoisier Courts – 701 Brickell Key Drive | 33131 | 16.25%
  • Isola – 770 Claughton Island Drive | 33131 | 13.92%
  • One Tequesta Point – 888 Brickell Key Drive | 33131 | 9.07%
  • St. Louis – 800 Claughton Island Drive | 33131 | 13.82%
  • Three Tequesta Point – 848 Brickell Key Drive | 33131 | 19.05%
  • Two Tequesta Point – 808 Brickell Key Drive | 33131 | 37.61%

There were a total of 10 closed sales in Brickell Key since the June numbers were released. This is one more transaction that occurred in one month’s time than in the 18 buildings that are represented in the Brickell Condo Index. The 10 buildings that compose the Brickell Key Condo Index have a total of 2,816 condos versus the 5,349 condo units represented in the Brickell Condo Index.

I feel that there is going to be far more stability in Brickell Key than in Brickell. Clients that I have been working with are much more comfortable looking at properties in Brickell Key. Prices are more reasonable, the neighborhood offers a sense of exclusivity and every building in Brickell Key is waterfront.

1/1.5 @ Ten Museum Park for $310,000 – Reduced Again!

Ten Museum Park

Someone contacted me last week to see if I could help them find a buyer for their 1 bedroom/1.5 bath condo at Ten Museum Park. He is perfectly able to close but would rather sell it to an end-user than carry it for a while. If he closes on the unit though then he will end up holding onto it. His closing date is approximately 30 days from now but he thinks that he could have it extended if an interested buyer surfaces.

His condo has 886 square feet of interior space and a 143 square foot terrace. It is an “05” line. The floor plan is below.

Ten Museum Park 05 line

As of now, the best priced “05” line available on the MLS through the developer is priced at $400,000. Here is your opportunity to buy at Ten Museum Park for much less. Make an offer today!

Advice to Miami Condo Sellers

I mentioned last week in the July Brickell condo index that only 9 closed condo sales occurred from June 19, 2007 to July 18, 2007, in the 18 buildings that comprise the Brickell Condo Index. A question was left for me in the comments section of the post about whether I felt that the lack of sales activity was a reflection of an overpriced condo market in Miami. A great conversation enfolded and I wanted to expand on that conversation with a post that will hopefully find its way to condo sellers throughout Miami.

In a nutshell, yes, prices do need to come in significantly in order for buyers to be enticed to buy. There are a lot of “motivated” condo sellers right now who have their units listed with a Realtor who are having a very difficult time selling their condo. However, sellers need to realize that their situation will become progressively worse as time goes by and more condo units come onto the market throughout the overdeveloped areas of Miami that stretch from Brickell to the Arts District. Your condition can easily turn from “motivated” to “desperate” within a six month time period.

I will let the numbers do the talking. Within the next 7 months there will be five new condo developments that will be completed in Brickell. These five developments are: 500 Brickell (633 units), The Plaza on Brickell (1,000 units), 1060 Brickell (582 units), Brickell on the River South (322 units) and Latitude on the River (455 units). These five condo developments will bring 2,992 new condo units to the Brickell condo market within 7 months. 12 months after that, another four developments will be completed in Brickell. These developments are: Infinity (459 units), Axis (718 units), Icon Brickell (1,816 units) and Epic Miami (966 units). These four developments will add another 3,959 new condo units to the Brickell condo market. That is a total of 6,951 new condo units within 19 months from now.

Over 6,900 new condo units within the next 19 months in Brickell! If this sentence alone doesn’t make a seller see the light then maybe the following sentences will. The Brickell condo index is currently comprised of 18 condo buildings throughout Brickell which consists of a total of 5,348 condo units. This means that within 19 months we’ll see a 130% increase in the number of units that comprise the index. The total number of condo units represented in the Brickell condo index will increase from 5,348 condo units to 12,299 condo units within a 19 month period.

That is just within Brickell. Include the developments below that are within 4 miles north of the southern tip of Brickell and conditions become far worse. These developments should be completed within the same time period. A few of these buildings such as Onyx on the Bay, Platinum Condos, Midtown 2 and Ten Museum Park have already begun closings. The 23 buildings below will add another 9,119 new condo units residing within 4 miles of Brickell within the next 19 months.

This means that within the next 19 months there will a total of 16,070 new condo units that will come onto the market in the neighborhoods of Brickell, Brickell Key, Downtown Miami, Park West and the Performing Arts District. The bulk of the problems will be in Brickell, Downtown Miami, Park West and the Performing Arts District since Brickell Key will only add 123 units once Asia is built.

Let’s assume that 30% of the condo units in the five new developments that will be completed in Brickell within the next 7 months were purchased by speculators. That is a very conservative number. I have heard people suggest that this number could be as high as 70%. Let’s use 30% though to illustrate a point in a conservative manner. That means that of the 2,992 new condo units to come onto the market in Brickell, 898 of these will be listed for sale. As I mentioned at the beginning of this post, there were a total of 9 closed condo sales that occurred in Brickell from June 19, 2007 to July 18, 2007. This means that if market conditions remain the same, and this absorption rate continues, then it will take 100 months, or 8.33 years to absorb the new inventory in Brickell. This doesn’t take into account the existing inventory of 1,550 condo units on the market at this time in Brickell. It also only includes those units in Brickell that will be completed within the next 7 months, not the units scheduled for completion 12 months after. Nor does it take into account the negative impact that the units scheduled for completion in Brickell Key, Downtown Miami, Park West and the Performing Arts District will have on the condo inventory in Brickell.

My advice to condo owners who NEED to sell is to get out now! Today, Barbara Corcoran was on the Today Show and suggested that people who need to sell now should be priced 5% below the currently best priced property in the neighborhood. She was speaking about homes and the national real estate market, but I think that this advice is a great start for condo owners in Miami. To illustrate, last week, two days after our office held an Open House/Wine Tasting at The Imperial at Brickell, a pending contract resulted on one of the three bedroom units that were showcased. It was the best priced three bedroom in the building and was the nicest as well. By the way, for those of you who haven’t heard of Barbara Corcoran before, she is often referred to as “The Queen of Real Estate”. She is a Realtor in New York who has had tremendous success and has been asked to appear on many nationally televised segments for her invaluable insight.

Sellers may not like the idea of discounting the price of their condo to 95% of the best priced unit currently listed in the building. However, they will like the alternative scenario even less if they don’t. Keep in mind that once the new condo units come onto the market, you’ll end up lowering your price to that level anyways. But at that time, you will be priced in the middle of the pack rather than at the front.

If you are a truly motivated seller, who doesn’t have an exclusive listing agreement with another Miami Realtor, and want to sell your condo before the worst begins, then contact me today so we can devise a plan to get you out of this mess before condo inventories in Miami reach nightmare proportions.

Short-Sale at One Miami – 1 Bedroom/1Bath for $275K !!!

One Miami

There’s a 1 bedroom/1 bath short-sale at One Miami that was reduced $44,900 today. It is now listed at $275,000 and has 846 square feet of living space. That’s a great deal! The unit is now listed at $325 per square foot. The Brickell condo index for July revealed that the average price per square foot of units sold at One Miami over the last six months is $453.66. There have been 8 one bedroom/one bath units that have closed at One Miami in the past six months. They have sold in the range of $349,000 to $430,000. Like I said, this is a great deal! Prices for one bedroom units at One Miami have come in significantly in recent months but this short-sale unit is the best priced of them all.

The unit comes with one assigned parking space and one complimentary valet space. Amenities at One Miami include: two swimming pools and hot tub, two clubs rooms, two fitness centers, business center, 24-hour security/concierge and valet parking. The maintenance fee is $389 per month. High-speed Internet, basic cable TV, water, sewer and garbage are included in the maintenance fee as well.

Take a look at the MLS listing for more information.

Apogee South Beach: Ultra-Luxury Living at its Finest – Prices & Availability

The video above is of the construction progress at Apogee South Beach located in the neighborhood of South Beach known as South of Fifth. South of Fifth has become the most luxurious neighborhood in South Beach. Apogee is situated at the southern tip of South Beach, along South Pointe Drive at 800 South Pointe Drive. As you can see above, Apogee is almost complete. Closings for condo units at Apogee are scheduled to begin in September 2007. Apogee rises 22 stories high with only 67 private residences (4 units per floor).

Apogee South Beach will be THE ultra-luxury condo building of South Beach. Celebrities from all over have purchased residences at Apogee. When sales began at Apogee prices started at $3M. The list below will show you information pertaining to the resale units that are currently available at Apogee. Original buyers were given the option of modifying the floor plan of their residence which means that some of these units may be modified versions of the original floor plan. Apogee is known for having very large and spacious residences with top-of-the-line appliances and fixtures.

  • “A” Residence:
    • 4,154 Sq Ft a/c
    • 2,441 Sq Ft terrace
      • Line “04”, West corner with N, S, & W exposures
        • Unit 704$7.6M ($1,829/SF) 3BR
        • Unit 1104$7.75M ($1,866/SF) 4BR
        • Unit 1504$7.75M ($1,866/SF) 3BR
        • Unit 1704$8.2M ($1,974/SF) 4BR
      • Line “01”, East corner with N, S, & E exposures
        • Unit 901$5.2M ($1,252/SF) 4BR
        • Unit 1401$6.5M ($1,565/SF) 3BR

        Apogee Residence A

  • “B” Residence:
    • 3,100 Sq Ft a/c
    • 1,042 Sq Ft terrace
      • Unit 703$4M ($1,290/SF)
      • Unit 902$4.5M ($1,452/SF)
      • Unit 1203$4.349M ($1,403/SF)
      • Unit 1402$4.449M ($1,435/SF)
      • Unit 1603$4.9M ($1,580/SF)
      • Unit 1903$5.2M ($1,677/SF)

      Apogee Residence B

      Take a look at level of quality that will go into the luxurious residences at Apogee South Beach:

      Apogee South Beach bathroom
      Apogee South Beach kitchen
      Apogee South Beach living space

Miami Condo Foreclosures – Search Engine Results

I’m an avid reader of anything to do with search engine optimization (SEO). The algorithms involved in producing search engine result pages (SERPs) fascinates me. I haven’t hired any outside companies to do any of the SEO work for my site. My blog has done the work for me. I began my blog a little over three months ago and the results that it has produced with the search engines in that short time span is amazing.

If you type in “Miami Condo Foreclosures” into Yahoo my sites appear as the first, second, fourth and eighth results on the first page.

Yahoo search results for Miami condo foreclosures

The results on Google aren’t as great but they still drive a lot of traffic to my blog. You will find my site by clicking on the fourth, sixth, eighth and ninth links on the first page of Google when typing in “Miami Condo Foreclosures“.

Google search results for Miami condo foreclosures

Surprisingly, the search results for “South Beach Condo Foreclosures” on Google is much better. I know that there is a lot of weight placed on key words used in the URL and “South Beach” doesn’t appear in my URL. So, I was shocked that “South Beach Condo Foreclosures” would have my site ranked higher than “Miami Condo Foreclosures” since keywords such as “Miami” and “Condo” appear in my URL. This is probably due to the fact that the keyword “Miami” has more competition than the search term “South Beach”. You will be led to my site by clicking on the first, second, fourth and fifth links that appear on the first Google result page after typing in “South Beach Condo Foreclosures”.

Google search results for South Beach condo foreclosures

After this post, I’m sure that my site will hold even more relevance to the search terms cited above so you’ll probably find that my site appears even higher in the rankings than what I’ve noted.

How Bad Can Things Get for the Miami Condo Market?

An article was released today on Bloomberg.com that exposed the seriousness of the overdevelopment problems that we have in the Miami condo market and the ensuing repercussions that will affect the Miami economy. The article was entitled “Miami Condo Glut Pushes Florida’s Economy to Brink of Recession”. To readers of my blog, however, the news presented in the article was nothing new.

As I’ve mentioned before, the bulk of the problems will stretch from Brickell to as far north as the Miami Arts District. That is where most of the development has occurred in the past three years. There will also be problems in Sunny Isles Beach along the beach. There is a ton of development there as well. Condos in Coral Gables have held strong and have actually gone up in some cases. South Beach condos have also held strong. The condos in older buildings throughout Miami will hold strong because speculative money doesn’t reside in those buildings. It resides in the buildings that were recently completed and those that are currently under construction.

Maintenance fees and ensuing special assessments are also an issue with new buildings. Jade recently had a special assessment to cover the maintenance money lost from the 17 foreclosure units in the building. Jade currently has the most foreclosures of all condo buildings in Miami. Imagine buying into a new building where only 50 percent of the units have closed. Could you imagine the type of special assessment that will get billed to those who have closed? The 17 units at Jade only represent a little over 5% of the overall units in the building. Imagine 50 percent! The upkeep of the building will be the first to go in these newer buildings.

I get a number of people who call me every week who are waiting on the sidelines for that spectacular deal. They know that I’ll find it. I have made it my job to find people the best deals possible at that particular time. That will always be my job and my ultimate goal. If anyone knows the seriousness of the condo market right now it is me. There are others in the industry who know it, but won’t acknowledge it.

That being said, those of you waiting to buy a condo 40 cents on the dollar, it won’t happen. For you at least. You may be able to attend a few auctions where you might be able to buy something at a significant discount but, for the most part, the bulk of the great deals will happen so fast that you’ll never hear about them. Let me be the first to spill the beans and let you all know how this will all go down in 10 steps:

  1. A significant percentage of contract holders will walk away from their deposit money.
  2. The developers will be left holding the short end of the stick and receive huge amounts of pressure from the banks in possession of the construction loans.
  3. Developers will fold.
  4. Developers will then pass the short end of the stick to the banks holding the construction loans.
  5. Banks in possession of these construction loans will be in big trouble. They will then in turn look to sell these loans to vulture capital funds that are hovering the skies of Miami.
  6. Vulture capital funds will buy these construction loans at a significant discount. 50 cents on the dollar or more is not out of the question due to the conditions that reside in the Miami condo market.
  7. Vulture capital funds will then list these units with Realtors, such as I, who have a long list of people waiting on the sidelines to buy at a discount. They will then resell these units at a 15-30 percent discount from what they were originally purchased in 2004 and 2005.
  8. Buyers, from all over the world, will buy condos in Miami at a 15-30 percent discount. Those who contact me will be at the top of this list to receive these significant discounts.
  9. Vulture capital funds will pocket the 20-35 percent spread. Vulture capital funds have been hovering the skies of Miami for years. Their time has come. Patience is a virtue.
  10. Miami condo prices will stabilize at the newly reduced level and business will go on as usual.

Condo overdevelopment throughout the country has become a problem. However, Miami is the epicenter of this problem. As the Bloomberg article states, banks were the first to lend money to Miami developers and the first to pull out. I’ve been contacted by at least five large vulture capital funds in the past month looking to profit from the enormous opportunities that will become available in the Miami condo market. All eyes are on Miami. A dark cloud hangs over Miami but opportunities will abound. As the saying goes, “This too shall pass”. But will you be prepared to take advantage of these opportunities?

Miami Condo Index – Brickell – July 2007

You may have noticed that some of the June numbers have changed. This is because I originally took out the closed sales that were obviously due to mortgage fraud. I recently went back and included those sales because I wanted to present things just as they were. However, this made listings appear to be priced more accurately, which they aren’t. To condo owners, and to some Realtors not in the know, these fraudulent transactions have made their listings appear justified. They need to realize that these transactions are just that, fraudulent, and very inaccurate.

The average price per square foot of condo units listed in the 18 Brickell buildings covered in my index dropped $7.44 since last month. A drop in the price of condos listed in Brickell over the last month was highly expected. I actually thought that prices would have come down even more though. These 18 buildings in Brickell had an average price per square foot of $528.84 this month versus $536.28 in June. The weighted average price per square foot was $540.17 for July versus $547.06 in June.

The most shocking thing that the July Brickell condo index revealed was the number of transactions that occurred in one month’s time. There are a total of 5,348 condo units represented in the 18 buildings that comprise my Brickell condo index. Take a guess at how many units have closed from June 19, 2007 to July 18, 2007.

Had enough time to come up with a guesstimate? Nine. That’s the number of units that sold during that time period throughout the 18 buildings that make up the Brickell condo index. Everyone knows the market is slow but I don’t think anyone could have guessed to what extent. Nine! I still can’t get that out of my head. There are a total of 875 units available on the market right now in those 18 buildings. This equates to 16.36 percent of the total units. This number is actually much higher in many of the newer buildings. Many of the older buildings have 20 or less listings in the entire building. The instability lies in the newer buildings; the buildings that were heavily funded by speculators.

The average price per square foot of condos sold over the past six months in Brickell actually went up slightly. But keep in mind that there were nine transactions in all 18 buildings. Most Realtors would focus on the fact that prices are actually going up. However, I will tell you, first hand, that these numbers are attributed to fraudulent transactions. The price per square foot went from $471.76, in June, to $473.95, in July. Most of this was due to a transaction that appears to be fraudulent at The Sail on Brickell.

The reason why I feel that this transaction is fraudulent is for a number of reasons. One, the unit was sold at the highest price per square foot in the building with concrete floors, two, the broker is a discount broker who charges 4 percent per transaction, three, in every transaction he seems to find the buyer and already holds the listing, and four, he finds the buyer within four days. I did a search by the broker’s email to see what other transactions have occurred. I’m not going to name names but let’s just say that this broker has at least six transactions where this has occurred. The same exact thing. He finds a buyer to acquire a condo at The Sail on Brickell within four days at the highest price possible. Let me tell you, firsthand as a Realtor, that it is hard enough to find a buyer in this market to buy something at the best price available. How is this guy finding a buyer at the highest price available? Within 4 days? Like I said, I’m not going to name names but something fishy is going on there. If someone, like the Miami Herald, wants to investigate this thoroughly and name me as the source, then so be it, but I’m not divulging names. I don’t want to have a hit-man after me. Hopefully I’m wrong about what has occurred in The Sail at Brickell, but I doubt it.

Average price per square foot of units currently listed on the MLS:

Average price per square foot of units sold in the past 6 months:

  • Atlantis – 2025 Brickell Ave | 33129 | $335.12
  • Brickell on the River – 31 SE 5 St | 33131 | $397.69
  • Bristol Tower – 2127 Brickell Ave | 33129 | $417.82
  • Emerald at Brickell – 218 SE 14 St | 33131 | $570.51
  • Four Seasons Residences – 1425 Brickell Ave | 33131 | $763.51
  • Imperial at Brickell – 1627 Brickell Ave | 33129 | $319.56
  • Jade – 1331 Brickell Bay Dr | 33131 | $668.23
  • Neo Vertika – 690 SW 1 Ct | 33130 | $375.53
  • One Miami – 325 & 335 S Biscayne Blvd | 33131 | $453.66
  • Sail on Brickell – 170 SE 14 St | 33131 | $369.08
  • Santa Maria – 1643 Brickell Ave | 33129 | $605.15
  • Skyline on Brickell – 2101 Brickell Ave | 33129 | $471.39
  • Solaris at Brickell – 186 SE 12 Ter | 33131 | $436.21
  • The Club at Brickell Bay – 1200 Brickell Bay Dr | 33131 | $636.74
  • The Mark on Brickell – 1155 Brickell Bay Dr | 33131 | $498.17
  • The Palace – 1541 Brickell Ave | 33129 | $352.77
  • Villa Regina – 1581 Brickell Ave | 33129 | $316.62
  • Vue at Brickell – 1250 S Miami Ave | 33131 | $543.37

Sold-to-Listed Ratio expressed as a percentage:

  • Atlantis – 2025 Brickell Ave | 33129 | 0.77%
  • Brickell on the River – 31 SE 5 St | 33131 | 17.23%
  • Bristol Tower – 2127 Brickell Ave | 33129 | 17.19%
  • Emerald at Brickell – 218 SE 14 St | 33131 | -3.02%
  • Four Seasons Residences – 1425 Brickell Ave | 33131 | 16.68%
  • Imperial at Brickell – 1627 Brickell Ave | 33129 | 22.35%
  • Jade – 1331 Brickell Bay Dr | 33131 | 24.50%
  • Neo Vertika – 690 SW 1 Ct | 33130 | 9.87%
  • One Miami – 325 & 335 S Biscayne Blvd | 33131 | 3.72%
  • Sail on Brickell – 170 SE 14 St | 33131 | 32.46%
  • Santa Maria – 1643 Brickell Ave | 33129 | 13.51%
  • Skyline on Brickell – 2101 Brickell Ave | 33129 | 4.51%
  • Solaris at Brickell – 186 SE 12 Ter | 33131 | 14.86%
  • The Club at Brickell Bay – 1200 Brickell Bay Dr | 33131 | 2.70%
  • The Mark on Brickell – 1155 Brickell Bay Dr | 33131 | 1.01%
  • The Palace – 1541 Brickell Ave | 33129 | 8.68%
  • Villa Regina – 1581 Brickell Ave | 33129 | 30.64%
  • Vue at Brickell – 1250 S Miami Ave | 33131 | 1.53%