Where along the coast can you find an oceanfront condo with spectacular ocean views, large spacious rooms, newly built construction, full service amenities including restaurant on premises, minutes from the airports as well as minutes from the finest Miami Beach restaurants and shopping all for around $450-$500 per square foot? Â Trump Towers Sunny Isles.
Sunny Isles is located just north of Bal Harbour. Moving south to a comparable building in Bal Harbour or Miami Beach prices will cost a minimum of $250- $300 per square foot higher. Moving to the south to South Beach, count on double the price.
Trump Towers Sunny Isles consists of three towers. Â Tower One has been sold out for quite a while, Tower Two is about 90% sold out. Â Sales for Tower Three opened in December and sales activity has been incredible. In 5 months 53% of the available units have sold.
Buyers are coming from all over the world to take advantage of today’s prices on the ocean. Â The majority of transactions are cash and the inventories are moving.
There are 195 two bedroom units and 76 three bedroom layouts. Â The premier direct oceanfront floor plan is a spectacular 2928 square feet of panoramic direct ocean views with an expansive balcony of 395 square feet. Â As in many oceanfront buildings there is a premier line offering the largest square footage and the best views. Â This floor plan in Trump Towers is highly sought after.
The west views on high floor are just about as good as it gets for west views. The floor plan offfers 1466 square feet of living space and another 225 square feet of balcony. Â Trump Tower III is situated at the southern most end of Sunny Isles. Just south of Sunny Isles is Haulover State Park and the views are wide open to beach, intracoastal boating, mangroves and Florida at its natural state. Â From a high floor in this floor plan your views include beautiful downtown Miami including the cruise ships docked at Government Cut.
The overall statistics are record breaking. Looking at just Sunny Isles data for all condominiums, inventories are down over 20% from 6 months ago. Â Pending sales in the past two months are up almost 30%.
As all buyers today are looking for the right property at the right price, again, here is a brand new building priced right and selling fast. Â The oceanfront condo market is very specific and supply is limited. Buyers who have been thinking about buying for years are coming forth.