I’ve been thinking about the idea of having a regular post that highlights what I feel are really great real estate buys here in Miami Beach. There is no exact science that goes into selecting them, just my intimate knowledge of each building and their respective values.
Miami Beach Condo Buys
ICON South Beach: 450 Alton Road #1601. This is a three bedroom corner unit with southwest exposure. It was reduced to $1.59M from $1.9M on 1.24.08.
Canyon Ranch Living Miami Beach Condo Hotel: 6801 Collins Avenue #C 404. This direct oceanfront condo-hotel unit at $875K is a steal. Most of the one bedroom condo-hotels NOT on the ocean are in this price range.
Green Diamond: 4775 Collins Avenue #1804. 2/2 + den has been converted to a three bedroom. Two parking spaces. Short-sale. Need I go on? $589K
1500 Ocean Drive: 1500 Ocean Drive #504. Great unit with great ocean and Ocean Drive views in South Beach. AAA building. Bank-owned. $1.2779M
La Gorce Palace: 6301 Collins Avenue #TS 7. Penthouse-level unit (32nd floor) with 9 feet ceilings. Beautifully updated. Best value in oceanfront building. $649K
Bath Club Miami Beach: 5959 Collins Avenue #1503. 3640 sq. ft. of luxury. Priced very well for height of unit and view. AAA building with spa-like amenities. $2.399M