South Beach Condos Blog

Akoya Miami Beach Condos Statistics 1/1/08-6/18/08

This data is based on information from the Southeast Florida Regional (SEFR) MLS or from the associations participating in the SEFR for the period 1/1/08 through 6/18/08.

 It’s been a tough year for Miami Beach real estate generally and even more so for Akoya Miami Beach.  Let’s break down some of these numbers to see what they really mean.

• One Bedroom Activity:  There has been one sale this year.  There are 36 available condos for sale
• Two Bedroom Activity:  The have been two sales this year.  There are 21 available condos for sale
• Three Bedroom Activity:  There have been two sales this year.  There are 8 available condos for sale.

There is one pending sale, which is a three bedroom foreclosure.  Search all unit for sale at Akoya Miami Beach here. 

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Continuum II started closings last Monday. It seems like this tower has been under construction for forever and a day. Continuum II will be the last of the great luxury high-rises in South Beach.

Click here to read the full post

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

Finally, the wait is over.   Apogee South Beach, destined to become Miami’s most prestigious condominium, is here.  Closings began a few weeks ago and sources say that approximately 40 percent of the units are closed.

I’ve been looking forward for Apogee to be completed.  I recently toured the building with my clients and their design and architectural team.  During our conversation, a comparison was made between Apogee and a Park Avenue-type building.  The designer quickly responded “Park Avenue should be this nice.”  

The summer kitchen, a bare necessity

The master bath at Apogee South Beach.

Click here to view more pics of Apogee South Beach

Click here to view available condos for sale at Apogee South Beach at 800 South Pointe Drive, Miami Beach