Watching the Market….Or Buying An Oceanfront Condo Now

posted by Susan Reiter on May 31, 2008

South Florida Oceanfront condo Great View

We receive a constant stream of phone calls from buyers from all over the world that are interested in purchasing oceanfront condos. There are buyers who are seizing the moment so to speak, and stepping in to take advantage of the great opportunities out there right now.

Are there opportunities? You bet there are and I have been in situations, where once we identified a great unit at a great price, other buyers were also putting offers in on the same units.

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There are varying degrees of motivation by sellers in all price ranges. There are some units in building less than 2 years old that the original developer still owns that now are very motivated to sell. There are units that are being sold by investors that are several hundred thousand dollars less than what they paid for it. Each situation is different but the opportunities are there. The units that are available under these circumstances include the most desirable oceanfront floor plans in premier buildings.

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All I can say is that if there is a desire to own an oceanfront condo in South Florida, at this point in time, you can get the best of the best at deeply discounted prices. When the media says…”We are now at the bottom and the market is going to turn around”… the best units in the A rated luxury buildings will be long gone!!!

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Categories: Acqualina, Aquazul, Beach Club Hallandale, Best of the Best Oceanfront Condos, Boca Raton Oceanfront Condos, Buying Real Estate, Canyon Ranch, Cipriani Ocean Resort and Club Residences, Continuum South Beach, Diplomat Oceanfront Residence, Europa By The Sea, Fort Lauderdale Oceanfront Condos, Icon-Las Olas, L'Ambiance, L'Hermitage, Las Olas Beach Club, Luxuria, Miami Oceanfront Condos, Ocean Palms Hollywood, One Bal Harbour, One Thousand Ocean, Palm Beach Oceanfront Condos, Porto Vita Aventura, Pre-Construction-Luxury Oceanfront Condos, Regalia, Ritz-Carlton South Beach, St. Regis Residences Ft. Lauderdale, St.Regis Bal Harbour, The Excelsior-, The Palms Tower I & II, Trump Hollywood, Turnberry Ocean Colony, Villas of Positano

Oceanfront: What Can You Buy For $2,000,000?

posted by Susan Reiter on January 8, 2008

What can you buy for $2 million if you were looking for an oceanfront condominium in Miami or Ft. Lauderdale?    We have selected two condominiums on the market being offered for around $2 million.    We have selected in, Ft. Lauderdale a penthouse residence at The Palms and in Sunny Isles we have selected The Turnberry Ocean Colony South Tower.  These are not the only properties in this price range on the market.  However, the two we selected stand out. The Palms unit is a top floor penthouse with spectacular views.  The Turnberry Ocean Colony has truly first class outstanding full service amenities that are a cut above.

The Penthouse at The Palms - Ft.Lauderdale

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 Asking Price: $2,100,000

Price per Square Foot: $511

4112 sq.ft. under air

4 bedrooms 5 bathrooms

Direct Ocean and City Views

Breathtaking panoramic views of the ocean city and intracoastal.  Marble floors, high ceilings with custom crown molding and detailed millwork highlights this premier beach house residence.  The Palms has world class amenities including a 2 story fitness center, 2 pools, racquetball, squash, clubroom, and full service valet.

 

Turnberry Ocean Colony-Sunny Isles

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Asking Price: $2,049,000

Price per Square Foot: $739

2772 sq.ft. under air

3 bedrooms 4.5 bathrooms

Direct Ocean Views

Unbelievable direct ocean views from every room.  Huge wraparound terrace, top of the line snaidero kitchen, whirlpool tub, steam shower. Private club bar, 2 restaurants and a 35,000 square foot fitness center as well as beach and pool service.  Limo service is offered as well.  Many buildings use the terminology “first class service and amenities”.  Turnberry Ocean Colony has certainly earned that classification.

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Categories: Buying Real Estate, Fort Lauderdale Oceanfront Condos, Miami Oceanfront Condos, The Palms Tower I & II, What Can You Buy For $2 million

The Palms Towers I and II -Fort Lauderdale Oceanfront Condo

posted by Susan Reiter on September 10, 2007


 

If you are looking for a great oceanfront condo now may be the time to jump in!  The Palms Tower I & and Tower II is situated directly on the ocean in Fort Lauderdale between Oakland Park and Sunrise Blvd.. Built in 1999 and 2001 this premier beach residence hosts world  class amenitites including a 2 story fitness center, 2 pool, racquetball and squash quarts, clubroom, billiard room and 24 hour valet. Prices range from $559,900 for a 2 bedroom on a low floor to over $3.2 million for a 25th floor unit with spectacular views with more than 4100 sq.ft. Recent sales in the building have run between$500-$535 sq.ft.

There are also seasonal rentals available.  Great Location and great amenities!

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Categories: Fort Lauderdale Oceanfront Condos, The Palms Tower I & II
Oceanfront Condos
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