Oceanfront: What Can You Buy For $1 Million?

posted by Susan Reiter on April 16, 2008

What can you buy for $1 million if you were looking for an oceanfront condo in Miami or Fort Lauderdale? To give our readers an idea, we have selected two condos, one in each area currently being offered for around $1 million.

Mosaic Balcony View

Mosaic in Miami Beach-3801 Collins Ave

Asking Price: $1,100,000

Price per square foot: $721

1525 square feet under air

3 bedroom 3 baths

Southeast Direct Oceanviews

This unit came on the market in November 2007 and was originally offered at $1,250,000. This is a new building with full service amenities including infinity pool, fitness center, media room valet, concierge and fitness center. There is a total of 86 units in this building. Currently there are over 30 units on the market with prices starting at around $900,000 and exceeding $5 million.

Oriana Lauderdale by the Sea, Florida

Oriana in Lauderdale By The Sea- 4318 El Mar Drive

Asking Price: $1,100,000

Price per square foot: $520

2114 square feet under air

3 bedroom 2 and one half baths

Oceanfront Views

Oriana in Lauderdale By The Sea is a new low rise development consisting of just 32 units. New Mediterranean construction sitting on 400 linear feet of prime Oceanfront property. Generous room sizes, elevator, high coiffured ceilings, Italian Marble floors, Snaidero cabinetry, Miele and Subzero appliances, whirlpool hydrotherapy tub. There are 7 unit on the market ranging in price from $1,099,000 to over $3,500,000 for a direct ocean front town home. Oriana is located south of Commercial Blvd.

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Categories: Buying Real Estate, Fort Lauderdale Oceanfront Condos, Low Rise Oceanfront Condo, Miami Oceanfront Condos, Oceanfront: What Can You Buy For...?, What Can You Buy For $1 million

Luxury Oceanfront Condominium-Villas of Positano-A Low Rise Alternative

posted by Susan Reiter on March 3, 2008

 Villas of Positano

A while back we wrote about oceanfront alternatives for those that prefer to not live in a high rise.  Villas of Positano is another great alternative in Hollywood. It is a Mediterranean style condominium with only 62 exclusive units and 11 floors.  Built in 2007, it is a luxury condominium on the beach. Units available offer spectacular ocean and intracoastal views. The building includes fitness center, heated pool, spa, sauna. There is access to a private marina across the street with accommodations for a 100 foot yacht. Villas of Positano is minutes from Fort Lauderdale International Airport.

Currently there are 15 units on the market. The least expensive unit is $1,249,000 for over 3000 square feet and is being offered by a motivated seller.  There is also a stunning penthouse with over 5000 square feet offered for $4,600,000.

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Categories: Fort Lauderdale Oceanfront Condos, Low Rise Oceanfront Condo, Villas of Positano

The Most Expensive Oceanfront Condo Sales in Dade, Broward and Palm Beach in 2007

posted by Susan Reiter on September 28, 2007

 Miami Skyline

Interesting to see the most expensive oceanfront condo sales in South Florida by County.

Dade- Total of 76 closed sales over $2 million

Highest Reported Sale Â

1500 Ocean Drive-Miami Beach

  • 11,940 square feet
  • Asking Price $18,500,000Â
  • Sold for: $12,000,000
  • Price pre sq. ft. $1005

Broward- Total of 8 closed sales over $2 million

Highest Reported Sale

Diplomat Oceanfront Residence-Hollywood

  • Asking Price: $3,750,000Â
  • 4,918 square feetÂ
  • Sold for: $3,350,000
  • Price pre sq. ft $681 (approx)

 Palm Beach-Total of 24 closed sales over $2 million

Highest Reported Sale

Excelsior Condominium-Boca Raton

  • Asking Price $7,495,000
  • 5744 square feet (approx)
  • Sold For: $6,200,000Â
  • Â Price pre sq. ft $1079 (approx.)
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Categories: Best of the Best Oceanfront Condos, Boca Raton Oceanfront Condos, Fort Lauderdale Oceanfront Condos, Low Rise Oceanfront Condo, Miami Oceanfront Condos, Palm Beach Oceanfront Condos, The Excelsior-

The Affluent Are Attracted to Newer Oceanfront Condos in Boca Raton

posted by Susan Reiter on August 31, 2007

If you want to buy a relatively new condo on the ocean in Boca Raton your choices are limited. There is the Luxuria that is under construction. The Luxuria is a 24 ultra luxurious residences in a 10 story, low-density tower. The units have enormous square footage ranging from 4,500 to 12,000 sq. ft. This is the only opportunity for new construction directly on the ocean in Boca Raton. Prices range start in the low $4 million range.

There is an opportunity to purchase a magnificent unit on the  Here is an oceanfront unit at the Luxuria in Boca Raton

The Luxuria in Boca Raton

The Excelsior is another building with great appeal to the affluent. It is also a smaller low rise as is the Luxuria and was completed in 2002. There are a few units on the market now in the $3-$4million range. The most recent sales closed July 31 of this year for $3,2720,000. It has 3 bedrooms 3 1/2 baths facing east on the second floor. The most notable recent sale in this building closed on January 19 of this year. It was a duplex on the 11th floor that had been featured in many magazine. The interior was designed by Alfred Karram II the world famous designer. The materials were the finest woods and stone. Attention to details was incredible down to the hardware used on the doors. This unit included a cabana at the ocean.

The Excelsio in Boca Raton

There is an opportunity to have over 11,000 sq. ft. of wrap around balconies on the ocean in the Excelsior. Truly spectacular. 4 bedrooms 3 1/2 baths. Click here if you would like more information.

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Categories: Best of the Best Oceanfront Condos, Boca Raton Oceanfront Condos, Low Rise Oceanfront Condo, Luxuria, The Excelsior-
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