Friday, February 22, 2013

Top 3 penthouses in Downtown Miami

Without a doubt, once you walk through a penthouse residence in a Miami condominium, you know that you have achieved a certain status.  The prestige that comes with living in a penthouse is second to none – even more than a waterfront home. 

Living in a luxury Miami condominium is the pinnacle of luxury living.  In downtown Miami, penthouse residences are in high demand.  When one comes on the market, it is swiped up by a buyer who wants to live the “penthouse lifestyle.”   From valet parking to views from every vantage point, this real estate is something to behold.  

With that in mind, following are the top Downtown Miami penthouses on the market for sale:
Opera Tower is an architectural masterpiece situated between Biscayne Bay and Biscayne Boulevard.  The 56-story tower is located in the heart of one of the most exciting areas in all of Miami and features one and two-bedroom residences with amazing views of the city and the Bay.  Opera Tower is an excellent option for real estate investors interested in high demand rental properties or anyone working in Downtown Miami.

1750 Bayshore Drive North, PH #5602, List Price: $595,000
To own a penthouse residence in Downtown Miami for under $600K is a gigantic opportunity.  This two-bedroom/two-bath unit is situated within walking distance to everything from American Airlines Arena to the Performing Arts Center on the Bay.  It features high, 11-foot ceilings; panoramic water views; a nice gourmet kitchen with counter tops and stainless steel appliances, and large bedrooms and baths.   Other perks include private walled parking, valet parking, an Olympic-sized pool, and a state of the art fitness center. 

Vizcayne is one of Downtown Miami’s most exclusive addresses.  With so much to do and everything at your fingertips, this is the ultimate in easy living with enough luxury to make it the perfect place to live.    It offers beautiful and expansive water and city views along with extraordinary amenities from the top to the bottom.  The 49-story condominium includes studios, one, two and three-bedroom residences atop a mixed-use building offering retail and parking.  Additionally, it is within walking distance to all that Downtown has to offer.

253 NE 2nd Street #PH4903, List Price: $1,925,000
This is a gorgeous, contemporarily styled penthouse for only the most discerning buyer.  It features two bedrooms, two baths and a 1,700 square foot terrace that boasts 360 degrees of Miami views. The kitchen features spacious granite counter tops, stainless steel appliances, a large master suite with spa-like bathroom, a rooftop hot tub, and floor to ceiling hurricane impact windows.   

When thinking of the ultimate condominium in Downtown Miami, the first to come to mind is Ten Museum Park.  Rising 50 stories into the Miami sky, this beautiful structure is all about clean lines and classic style.  It is comprised of a myriad of residences including one, two and three-bedroom units as well multi-story townhomes and penthouses with access to rooftop patios.  In terms of amenities, Ten Museum Park offers a beautiful 25,000 square foot sky garden and luxury services in the signature Clinique La Prairie Spa; 24-hour security and valet parking; a huge restaurant and outdoor café; a 3,000 square foot bar and more.  This is the ultimate Downtown Miami address for the most discriminating buyers.

1040 Biscayne Boulevard, #PH4602, List Price:  $4,200,000
What more could anyone ask for than a three-story penthouse at the most exclusive Downtown Miami condominium?  Along with a private swimming pool, this residence features 6,000 square feet and five bedrooms and five baths.  Additionally, only the best has been added with top of the line appointments and finishes as well as floor to ceiling windows with 360-degree views and terraces/balconies surrounding the residence.  No expense has been spared to make this the nicest penthouse in all of Downtown Miami.  Add to that the fact that it is currently under a two-year lease, it is perfect for an investor. 

Upper Echelon of Luxury Living
A Downtown Miami penthouse is, without a doubt the upper echelon of luxury living.  From panoramic views to spacious living to high-line fixtures and finishes, this type of residence is for those who can afford living at this level and those who demand the best of the best.  Welcome to luxury….welcome to a Downtown Miami penthouse residence.

Monday, February 18, 2013

Miami Real Estate Market Update - Brickell - January 2013

In the following table you can see all closings in the Brickell area (zipcode 33131) for the month of January of 2013. There were a total of 50 closings. The main statistics are:
  • Average price per square foot: $387
  • Lowest price per square foot: $142 (Four Ambassadors unit 751)
  • Highest price per square foot: $712 (Epic unit 5102)
  • Number of studios sold: 2
  • Number of 1 bedrooms sold: 18
  • Number of 2 bedrooms sold: 24
  • Number of 3 bedrooms sold: 6
  • Average discount: 5.18%
A unit at Brickell on the River was the quickest one to go pending sale in just seven days.


Address Community Bed/Bath Living Area Days on Market List Price Sale Price Price per sq ft
825 BRICKELL BAY DR # 751 THE FOUR AMBASSADORS 2/2 990 32 $155,900 $140,750 $142
801 BRICKELL BAY DR # 769 FOUR AMBASSADOR 0/1 580 175 $160,000 $140,000 $241
825 BRICKELL BAY DR # 2051 The Four Ambassadors 2/2 1060 68 $210,000 $155,000 $146
1408 SE BAYSHORE DR # 1414 Brickell Bay Tower Condo 1/1 787 65 $225,000 $207,500 $264
31 SE 5 ST # 2501 BRICKELL ON THE RIVER N 2/2 1117 7 $235,000 $260,000 $233
300 S BISCAYNE BL # T-1811 Met 1 Condo 1/1 540 345 $239,750 $237,500 $440
1050 BRICKELL AV # 3022 1060 BRICKELL CONDO 0/1 604 74 $240,000 $230,000 $381
950 BRICKELL BAY DR # 2600 The Plaza 1/1 774 15 $243,000 $278,000 $359
540 BRICKELL KEY DR # 1403 BRICKELL KEY II CONDO 1/1.5 600 56 $247,799 $220,000 $367
335 S BISCAYNE BL # 903 ONE MIAMI 1/1 868 61 $285,000 $230,000 $265
951 Brickell Av # 300 Plaza on Brickell 1/  .5 774 146 $289,900 $285,000 $368
1050 BRICKELL AV # 2304 1060 Brickell 1/1 731 21 $297,000 $290,000 $397
335 S BISCAYNE BL # 3502 ONE MIAMI EAST CONDO 1/1 850 84 $299,000 $287,500 $338
31 SE 5 ST # 2701 Brickell on the River 2/2 1117 15 $300,000 $300,000 $269
325 S BISCAYNE BL # 4116 ONE MIAMI CONDO 1/1 846 11 $300,000 $305,000 $361
1050 BRICKELL AV # 2302 1060 BRICKELL 1/1 843 101 $322,900 $309,000 $367
1450 BRICKELL BAY DR # 1210 COSTA BELLA 2/2 1009 56 $329,900 $320,000 $317
1060 BRICKELL AV # 3515 1060 Brickell 1/1 945 56 $330,000 $300,000 $317
300 S BISCAYNE BL # L-1014 MET 1 1/1.5 958 162 $340,000 $340,000 $355
1060 BRICKELL AV # 3002 1060 BRICKELL 1/1 843 22 $349,000 $322,000 $382
808 BRICKELL KEY DR # 707 TWO TEQUESTA POINT 1/1.5 907 78 $349,000 $330,000 $364
951 BRICKELL AV # 1003 THE PLAZA 901 BRICKELL 1/1 702 81 $349,900 $285,000 $406
90 SW 3 ST # 2509 The Ivy 2/2 1079 299 $355,000 $350,000 $324
950 BRICKELL BAY DR # 4709 The Plaza on Brickell 1/1 628 33 $374,900 $355,000 $565
1200 BRICKELL BAY DR # 3101 THE CLUB AT BRICKELL BAY 2/2 1105 139 $379,900 $360,000 $326
55 SE 6 ST # 2410 500 BRICKELL 2/2 1200 538 $397,030 $370,000 $308
1050 BRICKELL AV # 1414 1060 Brickell Condo 2/2.5 1278 113 $399,900 $399,900 $313
1060 BRICKELL AV # 3411 AVENUE ON BRICKELL 2/2 1407 138 $415,000 $400,000 $284
520 BRICKELL KEY DR # A1816 BRICKELL KEY ONE 2/2 1552 421 $450,000 $435,000 $280
300 S BISCAYNE BL # T-1712 MET 1 CONDOUNIT 2/2 1134 63 $452,200 $452,170 $399
901 BRICKELL KEY BL # 2802 CARBONELL 1/1.5 1076 513 $459,000 $425,000 $395
500 BRICKELL AV # 3102 500 BRICKELL EAST 2/2 1146 30 $499,900 $470,000 $410
950 BRICKELL BAY DR # 3705 The Plaza 851 2/2 1101 58 $499,900 $490,000 $445
701 BRICKELL KEY BL # 1810 COURVOISIER COURTS 2/2.5 1257 29 $549,000 $522,375 $416
485 BRICKELL AV # 4104 ICON BRICKELL 2/2 1286 110 $570,000 $555,000 $432
540 BRICKELL KEY DR # 1213 BRICKELL KEY II CONDO 3/3 1560 188 $619,000 $540,000 $346
485 BRICKELL AV # 2108 ICON BRICKELL VICEROY 2/2 1459 115 $629,000 $605,000 $415
335 S BISCAYNE BL # UPH-12 ONE MIAMI EAST 3/2 1416 79 $647,000 $615,000 $434
848 BRICKELL KEY DR # 3702 THREE TEQUESTA POINT 1/1.5 1440 53 $649,000 $640,000 $444
485 BRICKELL AV # 2402 ICON 2/2 1386 15 $660,000 $640,000 $462
901 BRICKELL KEY BL # 408 CARBONELL CONDO 2/2 1301 145 $680,000 $665,000 $511
950 BRICKELL BAY DR # 4611 THE PLAZA 851 BRICKELL 2/2.5 1278 57 $695,000 $650,000 $509
485 BRICKELL AV # 3010 icon brickell 2/2 1347 34 $700,000 $670,000 $497
500 BRICKELL AV # 1901 500 BRICKELL EAST 3/3 1616 139 $725,000 $680,000 $421
495 BRICKELL AV # 3504 ICON BRICKELL TOWER 2 2/2 1500 136 $759,000 $710,000 $473
801 Brickell Key Blvd # 1909 Courts Brickell Key 3/  .5 1488 70 $775,000 $718,000 $483
901 BRICKELL KEY BL # 607 CARBONELL 2/2.5 1784 25 $925,000 $900,000 $504
1331 BRICKELL BAY DR # 1201 JADE 2/2.5 1878 34 $1,190,000 $1,100,000 $586
808 BRICKELL KEY DR # 3301 TWO TEQUESTA POINT 3/2.5 2273 95 $1,400,000 $1,290,000 $568
200 BISCAYNE BLVD WY # 5102 Epic 3/3.5 2457 350 $1,990,000 $1,750,000 $712

Miami Real Estate Market Update - Brickell - December 2012

In the following table you can see all closings in the Brickell area (zipcode 33131) for the month of December of 2012. There were a total of 91 closings. The main statistics are:
  • Average price per square foot: $403
  • Lowest price per square foot: $111 (Four Ambassadors unit 2042)
  • Highest price per square foot: $923 (Carbonell Brickell Key PH unit 3705)
  • Number of studios sold: 9
  • Number of 1 bedrooms sold: 30
  • Number of 2 bedrooms sold: 40
  • Number of 3 bedrooms sold: 10
  • Number of 4 bedrooms sold: 2
  • Average discount: 3.56%
Units at The Club at Brickell, Solaris at Brickell and One Miami were the quickest ones to go pending sale in just three days.

carbonell brickell key penthouse
Address Community Bed/Bath Living Area Days on Market List Price Sale Price Price per sq ft
185 SE 14 TE # 2611 FORTUNE HOUSE CONDO 1/1 640 94 $120,000 $160,000 $250
1200 BRICKELL BAY DR # 2721 THE CLUB AT BRICKEL BAY 1/1 818 0 $135,000 $160,000 $196
1200 BRICKELL BAY DR # 2110 THE CLUB AT BRICKELL 0/1 425 44 $159,900 $159,900 $376
801 BRICKELL BAY DR # 765 Four Ambassador 1/2 990 12 $159,900 $165,000 $167
1200 BRICKELL BAY DR # 2510 The Club at  Brickell Bay 0/1 425 70 $169,000 $155,000 $365
185 SE 14 TE # 1901 Fortune House 1/1 640 280 $175,000 $155,000 $242
825 BRICKELL BAY DR # 2042 THE FOUR AMBASSADORES 2/2 1570 14 $175,000 $175,000 $111
905 BRICKELL BAY DR # 1921 FOUR AMBASSADORS 2/1.5 990 11 $200,000 $185,000 $187
186 SE 12 TE # 801 SOLARIS AT BRICKELL BAY 2/2 1145 0 $213,800 $213,800 $187
1050 BRICKELL AV # 2106 1060 Brickell 0/1 613 204 $223,440 $220,000 $359
170 SE 14 ST # 1908 THE SAIL CONDO 2/2 1090 3 $226,000 $194,250 $178
1200 BRICKELL BAY DR # 1605 THE CLUB AT BRICKELL 1/1 740 73 $229,000 $215,000 $291
1050 BRICKELL AVE # 3302 1060 Avenue 1/1 842 8 $230,000 $254,500 $302
1050 BRICKELL AV # 1406 1060 BRICKELL 0/1 613 123 $235,000 $225,000 $367
1200 BRICKELL BAY DR # 2714 The Club at Brickell Bay 1/1 818 19 $235,000 $232,500 $284
540 BRICKELL KEY DR # 801 BRICKELL KEY II CONDO 1/1.5 700 31 $240,000 $230,000 $329
950 BRICKELL BAY DRIVE # 400 THE PLAZA ON BRICKELL 1/1 776 157 $245,452 $241,000 $311
950 BRICKELL BAY DRIVE # 602 THE PLAZA ON BRICKELL 1/1 739 26 $249,452 $245,000 $332
1060 BRICKELL AVENUE # 3909 1060 BRICKELL AVENUE 0/1.5 536 981 $259,000 $239,500 $447
185 SE 14 TE # 1508 FORTUNE HOUSE CONDO 2/2 930 16 $260,500 $265,000 $285
1408 SE BAYSHORE DR # 201 BRICKELL BAY TOWERS 2/2 1117 10 $266,000 $245,000 $219
170 SE 14 ST # 1405 The Sail 2/2 942 23 $269,000 $250,000 $265
951 BRICKELL AV # 1908 THE PLAZA 901 BRICKELL 1/1 639 84 $270,000 $255,000 $399
475 BRICKELL AV # 610 ICON BRICKELL CONDO 0/1 546 74 $275,000 $260,000 $476
475 BRICKELL AV # 2308 ICON BRICKELL 0/1 640 670 $285,000 $272,000 $425
335 S BISCAYNE BL # 3302 one miami 1/1 846 168 $288,888 $280,000 $331
335 S BISCAYNE BL # 2302 One Miami East Condo 1/1 846 79 $289,000 $272,000 $322
55 SE 6 ST # 1808 500 BRICKELL WEST 1/1 738 25 $290,000 $282,000 $382
41 SE 5 ST # 2112 BRICKELL ON THE RIVE 1/1.5 1058 82 $295,000 $290,000 $274
951 BRICKELL AV # 2409 THE PLAZA ON BRICKELL 1/1 639 49 $296,777 $297,000 $465
325 S BISCAYNE BL # 3315 One Miami 2/2 1145 0 $299,900 $250,000 $218
950 BRICKELL BAY DR # 1708 The Plaza On Brickell 1/1 628 39 $300,000 $295,000 $470
475 BRICKELL AV # 4410 ICON BRICKELL 0/1 546 7 $300,000 $280,000 $513
1435 BRICKELL AV # 3405 Four Seasons Hotel 0/1 611 39 $310,000 $290,000 $475
701 BRICKELL KEY BL # 1106 COURVOISIER COURTS 2/2 1288 244 $319,000 $319,000 $248
218 SE 14 ST # 1207 THE EMERALD 1/1 811 74 $325,000 $285,000 $351
1200 BRICKELL BAY DR # 4209 CLUB AT BRICKELL BAY 2/2 1183 95 $329,000 $323,000 $273
300 S BISCAYNE BL # L-808 MET 1 1/1.5 857 29 $329,000 $310,000 $362
325 S BISCAYNE BL # 1114 One Miami 2/2 1105 64 $335,000 $320,000 $290
1200 BRICKELL BAY DR # 3701 THE CLUB AT BRICKELL 2/2 1105 23 $355,000 $345,000 $312
1155 BRICKELL BAY DR # 2903 THE MARK ON BRICKELL 2/2 1140 35 $359,000 $380,000 $333
500 BRICKELL AV # 3500 500 Brickell 1/1 806 159 $360,000 $350,000 $434
950 BRICKELL BAY DRIVE # 5308 THE PLAZA ON BRICKELL 1/1 674 19 $366,452 $365,000 $542
950 BRICKELL BAY DR # 4909 THE PLAZA ON BRICKELL 1/1 628 551 $369,000 $360,000 $573
485 BRICKELL AV # 2706 Icon Brickell Viceroy 1/1 842 29 $369,900 $340,000 $404
808 BRICKELL KEY DR # 1103 TWO TEQUESTA 1/1.5 954 128 $375,000 $355,000 $372
325 S BISCAYNE BL # 2022 One Miami West Condo 2/2 1169 77 $375,000 $364,750 $312
335 S BISCAYNE BL # 908 ONE MIAMI EAST 2/2 1169 59 $380,000 $360,000 $308
1435 BRICKELL AV # 3409 FOUR SEASONS 1/1.5 983 273 $395,000 $365,000 $371
808 BRICKELL KEY DR # 1603 TWO TEQUESTA 1/1.5 954 280 $399,000 $376,500 $395
325 S BISCAYNE BL # 4214 One Miami West 2/2 1105 54 $399,000 $375,000 $339
485 BRICKELL AV # 3103 ICON BRICKELL 1/1 790 56 $400,000 $375,000 $475
1200 BRICKELL BAY DR # 3602 THE CLUB AT BRICKELL 3/2 1232 90 $418,000 $390,000 $317
950 BRICKELL BAY DR # 2006 THE PLAZA ON BRICKELL 2/2 986 105 $430,000 $423,000 $429
335 S BISCAYNE BL # 4005 ONE MIAMI 2/2 1227 25 $430,000 $425,000 $346
950 BRICKELL BAY DRIVE # 2806 THE PLAZA ON BRICKELL 2/2 1054 26 $439,000 $425,000 $403
300 S BISCAYNE BL # T-1416 MET ! 2/2 1268 342 $440,000 $427,500 $337
1050 BRICKELL AV # 2520 1060 Brickell Condo 2/2.5 1288 57 $450,000 $420,000 $326
701 BRICKELL KEY BL # 505 COURVOISIER COURTS 2/2 1236 191 $475,000 $425,000 $344
50 BISCAYNE BL # 5201 50 BISCAYNE 2/2 1256 463 $480,000 $440,000 $350
495 BRICKELL AV # 2609 ICON BRICKELL 1/1 1035 67 $485,000 $480,000 $464
540 BRICKELL KEY DR # 727 BRICKELL KEY II 2/2 1200 241 $485,000 $480,000 $400
951 BRICKELL AV # 3206 Plaza on Brickell 2/2 1113 99 $499,000 $485,000 $436
485 BRICKELL AV # 4609 ICON BRICKELL 2/1 953 133 $499,950 $490,000 $514
950 BRICKELL BAY DRIVE # 5307 THE PLAZA ON BRICKELL 2/2 1054 61 $506,452 $500,000 $474
1331 BRICKELL BAY DR # 905 Jade at Brickell 1/1.5 1135 26 $525,000 $500,000 $441
950 BRICKELL BAY DRIVE # 5304 THE PLAZA ON BRICKELL 2/2 1192 16 $548,452 $540,000 $453
1425 BRICKELL AV # 42D FOUR SEASONS 1/1.5 1114 269 $575,000 $575,000 $516
335 S BISCAYNE BL # 2109 ONE MIAMI EAST 3/2 1792 18 $575,000 $600,300 $335
475 BRICKELL AV # 4909 ICON BRICKELL 2/2 1312 272 $630,000 $610,000 $465
495 BRICKELL AV # 3010 ICON BRICKELL 2/2 1327 16 $640,000 $630,000 $475
335 S BISCAYNE BL # 2309 One Miami East 3/2 1792 29 $640,000 $620,000 $346
495 BRICKELL AV # 2611 ICON BRIKELL TOWER 2 2/2 1255 60 $648,000 $630,000 $502
495 BRICKELL AV # 2510 Icon Brickell 2/2 1327 44 $649,000 $630,000 $475
475 BRICKELL AV # 4915 ICON BRICKELL 2/2 1168 76 $695,000 $625,000 $535
465 BRICKELL AV # 4202 ICON BRICKELL 2/2 1433 75 $699,000 $677,000 $472
801 BRICKELL KEY BL # 1804 COURTS BRICKELL KEY 3/3 1493 151 $699,000 $685,000 $459
465 BRICKELL AV # 3402 ICON BRICKELL 2/2 1433 52 $710,000 $690,000 $482
485 BRICKELL AV # 4108 ICON BRICKELL VICEROY 2/2 1459 34 $715,000 $680,000 $466
1450 BRICKELL BAY DR # 1907 COSTA BELLA 3/3 2059 37 $775,000 $730,000 $355
495 BRICKELL AV # 4402 Icon Brickell Tower 2 2/2 1654 120 $949,000 $925,000 $559
200 BISCAYNE BLVD WY # 3607 Epic West 2/2.5 1500 160 $1,150,000 $1,080,000 $720
901 BRICKELL KEY BL # 2706 CARBONELL CONDO 3/2.5 1944 166 $1,185,000 $1,050,000 $540
848 BRICKELL KEY DR # 2906 Three Tequesta Point 3/3.5 2293 105 $1,195,000 $1,100,000 $480
200 BISCAYNE BLVD WY # 4107 Epic Residence 2/2.5 1500 53 $1,200,000 $1,025,000 $683
1331 BRICKELL BAY DR # 3107 Jade Residences 3/3 2130 70 $1,425,000 $1,400,000 $657
1425 BRICKELL AV # 53C Four Seasons 2/2.5 2139 68 $1,450,000 $1,392,500 $651
900 BRICKELL KEY BL # 2504 ASIA 4/4.5 2959 152 $2,100,000 $1,950,000 $659
495 BRICKELL AV # 3201 Icon Brickell Tower 2 4/4 3524 59 $2,450,000 $2,400,000 $681
901 BRICKELL KEY BL # PH3705 CARBONELL 3/3.5 2818 538 $2,900,000 $2,600,000 $923
1425 BRICKELL # 47F FOUR SEASONS 3/4.5 4164 133 $3,399,900 $3,000,000 $720
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