South Beach Condos Blog » Mid-Beach Condos

Mei Miami Beach: If You Think It’s Butter, But It’s Not…

Kevin Tomlinson — Thu, 23 Apr 2009 01:34:58 +0000

Mei Miami Beach: Oceanfront Luxury for Less

These pictures are from the newly-opened Mei Miami Beach. “Mei” (pronounced “May-ee”) is an Asian “themed” (notice I put “themed” in quotes) condominium located at 5875 Collins Avenue in Miami Beach.

Ya’ll can go on and say whatever you like about Miami Beach real estate. If pics are worth 1000 words, then, “Alex, I’ll take “Mei” for 2000, please.”

Just a little note on the above photos- they were taken today, completely un-retouched and were not staged.

The developer recently reduced prices, substantially. I think that ”Mei” may mean “value” in Mandarin (Oh man, I’m laughing so hard! I’m hot tonight!). Seriously, though, for the quality and location of this project–you’ll be hard-pressed to find a better deal on Miami Beach.

Check out condos for sale at Mei Miami Beach

PS Mother Nature really kicked it for Earth Day today!

Bath Club Miami Beach: Crunching the Real Estate Numbers at 5959 Collins Avenue

Kevin Tomlinson — Sat, 02 Feb 2008 04:18:07 +0000

I’m a very connected guy. I don’t mean connected in a way where I know people (well, I do know people); but I like to keep my ear to the ground. I noticed that a lot of new listings were coming on the market at the Bath Club in Miami Beach, so I decided to run some numbers and see what was going on there.

In the last 30 days, 11 listings came on the market. That may not sound alarming but with only 112 units in the development, it certainly caught my attention. As of today, there are 36 units on the market, which represents 32% of the condominium. A balanced real estate market dictates that about 10% of the condominium’s units could be available for sale at any given time.

Next, I did some numbers of actual sales activity in the Bath Club:

Pending sales: 2

Number of condo sales in last six months: 0

Number of real estate sales in the last 12 months:

#1507 $2.25M
#1203 $2.35M
#1802 $2.4M
#1502 $2.4M
#704 $2.2M
#606 $1.99M
#1001 $1.15M

New real estate listings for sale at the Bath Club Miami Beach within the last 30 days:

5959 Collins Avenue # PH 2005
5959 Collins Avenue #1504
5959 Collins Avenue #1004
5959 Collins Avenue #1503
5959 Collins Avenue #1404
5959 Collins Avenue #904
5959 Collins Avenue #607
5959 Collins Avenue #1508
5959 Collins Avenue #1708
5959 Collins Avenue #1008
5959 Collins Avenue #908

This data is based on information obtained from the Southeast Florida Regional (SEFR) MLS or from the associations participating in the SEFR.

To view all the listings at the Bath Club Miami Beach, click here

Miami Beach Real Estate: AQUA Allison Island-Better Than a Foreclosure

Kevin Tomlinson — Thu, 01 Nov 2007 00:53:47 +0000

Here it is:

Unit #501 is available for $999,000. This unit is completely finished and ready to move into.

Unit #901, which was a foreclosure, closed in June, 2007 in the Gorlin Building at AQUA at Allison Island for $1,065,000. The unit had a beautiful view and was unfinished.

So, for all who ask me about a “good deal,” here it is.

Miami Beach real estate, AQUA Allison Island, Gorlin Condos, Foreclosures, South Beach condos

If you’d like to forward this post to someone you think might be interested, simply click on the “Share This” link and click “E-mail.”