What 3 Bedroom Oceanfront Condos Are For Sale in Miami Beach?

August 27, 2012 By

There are options for buyers needing at least 3 bedrooms on the ocean in Miami Beach in a relatively new building (post 2004). As is anywhere, the options vary in quality and level of luxury and location.  The prices start at just under $2.1million and go up from there.

South Beach south of Fifth Street offers the most expensive options available. The Continuum and the Apogee South Beach offer several very large condos exceeding 4000 square feet of living space in the most prime real estate in South Florida.The highest priced oceanfront condominium today is  a penthouse at the Continuum in South Beach.  It has plenty of space, over 11,000 square feet,   6 bedrooms 7 and one half baths, rooftop pool, private elevator and staff quarters. Asking price is $39,000,000.    If this masterpiece is more than you would like to spend there are other more modest options available at the Continuum offering 3, 4 and 5 bedrooms averaging around $1500 square foot.

The Caribbean on 38th and Collins is a wonderful building in a great location.  It consists of two towers, North and South. The South Tower is a new ground up structure and the North Tower is a renovated gem capturing the Art Deco essence of old Miami Beach.  Very few units come on the market but there a few opportunities at around $1100 square foot for a premier direct oceanfront condo.

Canyon Ranch Miami Beach has just one 3 bedroom 3100 square foot  penthouse in the South Tower offered at $1033 per square foot. This is a large unit for Canyon Ranch. Canyon Ranch is of course all about the lifestyle and outdoor spaces.

As we move into season, we are  expecting the world wide demand to continue and sales for these premier properties to continue at the very brisk pace that we have seen throughout the summer.

Filed Under: Miami Oceanfront Condos Tagged With: , , , , , , , , , ,

South Florida Oceanfront Condo Post Season Activity

April 29, 2012 By

Some of the buyers that I work with have the mindset to wait until after the peak season to move forward with buying an oceanfront condo. The thought process is that there may be more motivation from the sellers now that South Florida is in a “slow season”.  There has not been a slow down in sales along the coast for new oceanfront condos. In fact, there is an increase in activity.

Here are some statistics that reflect the Post Season Sales activity in Miami Beach and up the coast including Sunny, Isles, Bal Harbour, Hollywood -Hallandale, and  Fort Lauderdale.

The information provided below is based on information from the MLS and it reflects oceanfront condos built after the year 2000.

  • The the past 30 days 101 condos were sold and are pending closings.
  • 35 sales were for over $1 million dollar list price
  • 40 condos were on the market for 60 days or less
  • 22 condos were on the market for 30 days or less
  • 15 condos were on the market for 10 days or less
  • 20 of the 101 condos sold never had a price reduction
  • 21 of the sold condos had price increases prior to being sold
The oceanfront condo buildings with the most activity in the past 30 days are:
Those are the statistics as reported.  What I am seeing as I search for condominiums for my buyers are that the inventories are down considerably.  6 Months ago there were several options to choose from in a set price range in many of these key buildings.  The sales activity has absorbed so much inventory that now the choices are limited.
South Florida oceanfront condominium market has out performed every other market in the United States.

 

 

Filed Under: Beach Club Hallandale, Buying Real Estate, Canyon Ranch, Caribbean Miami Beach, Miami Oceanfront Condos, One Bal Harbour, Trump Towers-Sunny Isles Tagged With: , , , , , , , , , ,

Canyon Ranch Miami Beach Condo Sales-12 Month Review

May 10, 2011 By

 

As we move into the summer months, this is a good time reflect on real estate activity at Canyon Ranch Miami Beach for the past 12 months.

All along the coast in South Florida, sales for direct oceanfront condominiums were dramatically up.  In some buildings, inventories reached unprecedented low levels, especially for condominiums with the most desirable direct oceanfront views and priced well.

In line with the rest of the market along the coast in Miami Beach, Bal Harbour, Sunny Isles, Hallandale/Hollywood, Fort Lauderdale and Boca Raton, Canyon Ranch appreciated tremendous sales activity.

Here is a recap of closed sales in each tower for the past 12 months( data is sourced from the IMAPP tax records):

South Tower- 31 closed sales.  Closed prices ranged from a low of $280,000( foreclosure) to a high of $2.5 million.

Carillon Tower- 39 closed sales.  17 condo hotel units and 22 condominiums on floors 11-14.  Prices ranged from a low of $250,000 to a high of $660,000.

North Tower- 19 closed sales- Prices ranged from a low of $488,000 to a high of $2,185,000.

We proudly participated in many of the successful transactions representing buyers, sellers or both.  We successful sold many of our listings this past season.

Although, we have entered our traditionally slow season, activity is still prevalent with over a dozen units under contract pending closings.

Our expectations for the upcoming winter season continue to be strongly optimistic as Canyon Ranch continues to receive world wide recognition and positive press.

Filed Under: Boca Raton Oceanfront Condos, Buying Real Estate, Canyon Ranch, Fort Lauderdale Oceanfront Condos, Miami Oceanfront Condos, Wellness and Healthy Living Tagged With: , , , , ,

Oceanfront Condos: Inventories are down and sales are up!

October 7, 2009 By

The oceanfront condo activity since August is quite incredible.  In every luxury oceanfront condo building, there have been buying opportunities and there are buyers buying.  Followers of blogsouthflorida know that when I reference buying opportunities, I am in most cases referring to “motivated sellers”, not short sales or bank owned properties.

There has been a significant increase in sales.   The opportunities we have identified and monitor are truly quite incredible.  Units that are direct oceanfront units and are considered the most desirable and sought after are selling and inventories are declining. Building after building these unique opportunities are being sold and those truly incredible deals are going fast.

In Miami, Fort Lauderdale and Palm Beach In the past 60 days there have been 89 closed oceanfront condo sales with the specification of at least 2 bedrooms priced over $800,000.

At One Bal Harbour, there was only one unit listed in one of the most desirable lines.  It sold and closed

Canyon Ranch, Miami Beach,  one of my direct oceanfront 2 bedroom listings had multiple bids on it!!!

At the Palms , in Fort Lauderdale, there were about 6 units listed under $1 million.  They have pretty much all sold.

The South Florida Oceanfront condo market is very unique.

Filed Under: Buying Real Estate, Canyon Ranch, Fort Lauderdale Oceanfront Condos, Miami Oceanfront Condos, One Bal Harbour, Palm Beach Oceanfront Condos, The Palms Tower I & II Tagged With: , , , , , ,

Canyon Ranch:Luxury Oceanfront Condo-Healthy Lifestyle & Buying Opportunities!

March 19, 2008 By

Canyon Ranch Corner Unit

Canyon Ranch offers luxury oceanfront condos, a complete healthy lifestyle and right now incredible buying opportunities.

The South Tower has begun closings. The North Tower will begin closings in a couple of months and the hotel and incredible spa facilities will be completed this summer as well. This multi-use project is like non other. The lifestyle and amenities offer an immersion into healthy living on all levels. The options are so extensive but your level of participation will be total personal.

Buying into a luxury oceanfront condo in South Florida has tremendous appeal. Add in the complete lifestyle immersions available to you everyday and night and this project is truly something special. Now here comes the icing on the cake; there are buying opportunities right now. A few select units are being offered by the developer at 2003 price levels and they are selling fast.

The pictures in this post were taken from a corner flow through unit in the South Tower with direct ocean, intracoastal and downtown Miami views.

If you are thinking of buying a luxury oceanfront condo in Miami or South Florida….Canyon Ranch is something really special. RUN DON’T WALK!

Here are Canyon Ranch Condos For Sale These listings are not developer units but resales from previous purchasers. If you would like information on some particularly interesting opportunities…let us know.

Canyon Ranch Flow Through View West

Filed Under: Best of the Best Oceanfront Condos, Canyon Ranch, Deals, Miami Oceanfront Condos, Pre-Construction-Luxury Oceanfront Condos, Uncategorized, Wellness and Healthy Living Tagged With: , , ,

Spectacular Views at Canyon Ranch Miami Beach From The Roof

March 17, 2008 By

I was at the exciting soon to be finished Canyon Ranch today. I was in the South Tower looking north and could not believe the way these construction workers were relaxing in their spare time at the edge of the Carillon Tower.

Canyon Ranch Zoom Workers

Canyon ranch Workers on the Roof

Now I certainly appreciate the spectacular views, but this is really up close and personal !

Carillion Tower Roof View

To search current listings at Canyon Ranch Click Here.

Filed Under: Canyon Ranch, Miami Oceanfront Condos Tagged With: , ,