Which Building Commands The Highest “Price Per Square Foot” On Brickell?

November 10th, 2014 Written By


Categorized under Asia On Brickell Key Condo Market, Brickell Luxury Condos, Brickell Real Estate

Asia on Brickell Key

When a buyer is looking for a luxury condo on Brickell, there are 3 buildings they are usually interested in: The Four Seasons Residences, Asia on Brickell Key, and The Santa Maria. Although each very different, they have many of the same luxury amenities that someone who is paying over $700/square foot is looking for.  So far in 2014, Asia on Brickell Key has the highest average “sale price / square foot” coming in at $849.00.  The second highest is The Four Seasons Residences which is selling at an average of $799.00/sq. ft. and the third is The Santa Maria which is coming in at an average of $795.00/sq. ft.

Below is a recap of sales this year at Asia:

  1.  Unit 3103 | Sale Price: $3,600,000 | Sale Price/Square Foot: $1,059.00 | 4 Beds/4 Baths
  2. Unit 2703 | Sale Price: $3,500,000 | Sale Price/Square Foot: $1,030.00 | 5 Beds/5.5 Baths
  3. Unit 3004 | Sale Price: $2,300,000 | Sale Price/Square Foot: $874.00 | 4 Beds/4.5 Baths
  4. Unit 2704 | Sale Price: $2,295,000 | Sale Price/Square Foot: $775.00 | 4 Beds/4.5 Baths
  5. Unit 1704 | Sale Price: $2,075,000 | Sale Price/Square Foot: $701.00 | 4 Beds/4.5 Baths
  6. Unit 2304 | Sale Price: $1,990,000 | Sale Price/Square Foot: $756.00 | 3 Beds/4.5 Baths
  7. Unit 2401 | Sale Price: $1,950,000 | Sale Price/Square Foot: $944.00 | 3 Beds/3.5 Baths
  8. Unit 901 | Sale Price: $1,850,000 | Sale Price/Square Foot: $895.00 | 3 Beds/3.5 Baths
  9. Unit 1701 | Sale Price: $1,800,000 | Sale Price/Square Foot: $871.00 | 3 Beds/3.5 Baths
  10. Unit 1001 | Sale Price: $1,630,000 | Sale Price/Square Foot: $682.00 | 3 Beds/3.5 Baths
  11. Unit 3202 | Sale Price: $1,350,000 | Sale Price/Square Foot: $858.00 | 2 Beds/2.5 Baths
  12. Unit 2805 | Sale Price: $1,115,000 | Sale Price/Square Foot: $840.00 | 2 Beds/2.5 Baths
  13. Unit 1905 | Sale Price: $989,000 | Sale Price/Square Foot: $745.00 | 2 Beds/2.5 Baths

We know the numbers and track the Brickell real estate market.  If you would like to schedule a buyer or seller consultation, please feel free to contact us at 305-960-5318 or send us a note here. 

The Brickell Condo Blog is the most comprehensive online source for Brickell real estate information. Whether you are looking for the latest sales, trends or homes for sale in Miami’s Brickell neighborhood, Brickell Condo Blog has it all at your fingertips. Browse information regarding the upcoming new construction projects, luxury condos, waterfront condos, foreclosures plus much more.

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Written by Riley Smith | Discussion: Leave A Comment

Should You Increase The List Price Of Your Condo?

October 24th, 2014 Written By


Categorized under Brickell Real Estate

Brickell View

Increasing the list price on your condo is not typically a good idea (unless you have remodeled/renovated) and has the potential to negatively impact the sale-ability of your property.  Buyers will think you are unrealistic and not in tune with the market value.  I can’t stress how important it is to price your condo correctly from the beginning.  There is no doubt that if you do so, it will sell faster and for a higher price.

If you were a buyer and looking at condos, how would you interpret the history on these properties?

  • 701 Brickell Key Boulevard, #LPH-02 | Courvoisier Courts| Listed in July of 2014 for $817,777 | Currently Listed for $995,000
  • 495 Brickell Avenue | The Icon | Listed in 2013 for $775,000 | Currently Listed for $865,000
  • 2101 Brickell Avenue #3308 | Skyline on Brickell | Listed in July of 2014 for $706,477 | Currently Listed for $784,900

If you are interested in selling your Brickell condo and haven’t had a price valuation in the past 12 months, contact us for an updated analysis.  We are recognized in the industry for being honest and “telling it like it is”.  We are Brickell specialists and would love the opportunity to work with you.  Please contact us at 305-342-1623 or send us a message here.

Written by Riley Smith | Discussion: Leave A Comment

This Condo Sold $500,000 Off Its List Price!

September 8th, 2014 Written By


Categorized under Four Seasons Condo Market

Four Seasons, Brickell

Believe it or not, the condo market is very predictable.  With activity levels so high, it is fairly easy to come up with solid comparables on any unit in any building.  This means that if you are priced completely out of whack with the market, buyers won’t bite.  The perfect example of this is Unit 3506 at The Four Seasons Millenium Tower.  This condo came on the market back in March of 2013 for a list price of $1,703,500.  It was the highest priced listing in the building’s history.  It was listed for sale for over 12 months at the same price and finally closed in August of this year for $1,200,000 – nearly 30% off of its’ list price.

Some sellers try to test the market at a high price, but that usually leaves potential buyers with a bad taste in their mouth.  Buyers will shy away from making an offer on overpriced properties because they feel that the seller is unrealistic.

If you truly want to sell, you should work with an experienced Realtor who will help you price it properly so that you can get the most amount of money in today’s changing market.

We know the numbers and track the Brickell real estate market.  If you would like to schedule a buyer or seller consultation, please feel free to contact us at 305-960-5317 or send us a note here. 

The Brickell Condo Blog is the most comprehensive online source for Brickell real estate information. Whether you are looking for the latest sales, trends or homes for sale in Miami’s Brickell neighborhood, Brickell Condo Blog has it all at your fingertips. Browse information regarding the upcoming new construction projects, luxury condos, waterfront condos, foreclosures plus much more.

To Receive Our Posts Directly To Your Inbox, Submit Your Email Address Here!

Written by Riley Smith | Discussion: Leave A Comment

Under Contract In Less Than 30 Days At The Imperial On Brickell!

August 21st, 2014 Written By


Categorized under Imperial At Brickell Condo Market

The Imperial, Miami

I am thrilled to report that we have just placed our listing at The Imperial (1627 Brickell Avenue) Unit 1601 under contract! As soon as we listed the condo on the MLS we began a comprehensive marketing campaign which included both online advertising, print media as well as a catered open house to local Realtors. Within days we were flooded with showing requests and as expected, we received more than one offer on the unit!

Congratulations to our Brickell Condo Specialist – Dominique Duque for getting the condo under contract in less than 30 days!

Details of Unit 1601 at The Imperial:

  • 3 bedrooms
  • 2 full bathrooms, 1 half bathroom
  • 1,792 square feet of living space
  • List Price: $699,000

We know the numbers and track the Brickell real estate market.  If you would like to schedule a buyer or seller consultation, please feel free to contact us at 305-960-5317 or send us a note here. 

The Brickell Condo Blog is the most comprehensive online source for Brickell real estate information. Whether you are looking for the latest sales, trends or homes for sale in Miami’s Brickell neighborhood, Brickell Condo Blog has it all at your fingertips. Browse information regarding the upcoming new construction projects, luxury condos, waterfront condos, foreclosures plus much more.

To Receive Our Posts Directly To Your Inbox, Submit Your Email Address Here!

Written by Riley Smith | Discussion: Leave A Comment

True Brickell Real Estate Data Unknown

July 24th, 2014 Written By


Categorized under Brickell Luxury Condos, Brickell New Construction Condos, Brickell Real Estate, Brickell Waterfront Condos

Brickell,_Miami

Although there have been over 400 condo sales reported on the MLS so far in 2014, there are a large number of sales that are occurring every day in the pre-construction market that are not public record.   There are over 20 pre-construction buildings with 5,000+ units on Brickell that are accepting contracts.  This means that there are potentially hundreds if not thousands of more condos that have gone under contract this year.  These units certainly have a higher average sale price and sale price/square foot than the resales that have closed on the MLS.  Although the average “sale price/square foot” is down slightly in 2014 to $406.00 (it was $436.00 in 2013) – chances are that the numbers would be significantly higher this year if you were to include new construction data.

If you would like more information on Brickell condos, please contact us.  We know the market inside and out and would love the opportunity to work with you.  We can be reached anytime at 305-342-1623 or by filling out our contact form here.

Don’t Miss Today’s News From Our Other Miami Real Estate Blogs:
Coconut Grove Real Estate | Coral Gables Real Estate Vault | Key Biscayne Real Estate

 

Written by Riley Smith | Discussion: Leave A Comment

Just Listed By The Riley Smith Group At The Imperial On Brickell!

July 21st, 2014 Written By


Categorized under Imperial At Brickell Condo Market

The Imperial Collage

We have just listed a fantastic condo at The Imperial, one of my favorite buildings on Brickell.  The Imperial is a boutique building with only 162 units. That is part of what makes it wonderful along with the fact that the residents are a nice mix between full and part time and a small percentage of renters.  Designed by the renowned firm Arquitectonica and built in the 1983, The Imperial resembles a cruise ship from afar.  The design of the building provides some of the largest terraces of any condo building on Brickell.  Full service amenities include a doorman, valet, self-parking, tennis, fitness center, sauna, bayfront pool, BBQ area, party room and on-site market.  The location of The Imperial is extremely pedestrian friendly.

Unit #1601 is a corner unit which offers floor to ceiling glass and panoramic bay & city views.  It includes 3 bedrooms, 2 full bathrooms and 1 half bath with 1,792 square feet of living area.  It is being offered at $699,000 by Dominique Duque of The Riley Smith Group.  For showings please call Dominique at 305-766-7666.

We know the numbers and track the Brickell real estate market.  If you would like to schedule a buyer or seller consultation, please feel free to contact us at 305-960-5317 or send us a note here. 

The Brickell Condo Blog is the most comprehensive online source for Brickell real estate information. Whether you are looking for the latest sales, trends or homes for sale in Miami’s Brickell neighborhood, Brickell Condo Blog has it all at your fingertips. Browse information regarding the upcoming new construction projects, luxury condos, waterfront condos, foreclosures plus much more.

To Receive Our Posts Directly To Your Inbox, Submit Your Email Address Here!

Written by Riley Smith | Discussion: Leave A Comment

Affordable Water Views Still Available On Brickell!

July 11th, 2014 Written By


Categorized under Brickell Real Estate, Brickell Waterfront Condos

Although prices are rising dramatically on Brickell, buyers can still find a nice, turn-key condo with water views at an affordable price. If you are in the market for this type of unit, you will want to check out condos in the following buildings: The Icon, Villa Regina, Brickell Place, The Mark, Brickell Bay Club, The Courts, Skyline, Costa Bella & The Club At Brickell.

Below is a sample of condos which recently closed (past 30 days) for under $400,000:

Icon, Brickell

The Icon | 495 Brickell Avenue #1808 | 732 Square Feet Living Area | 1 Bedroom, 1 Bathroom | Bay and City Views | Sale Price: $388,000 | Broker: Dora Puig of Coldwell Banker

Costa Bella, Brickell Bay Drive

Costa Bella | 1450 Brickell Bay Drive, Unit #1903 | 1,040 Square Feet Living Area | 2 Bedrooms, 2 Bathrooms | Bay and City Views | Sale Price: $355,000 | Broker: Urban Choice Realty

The Club At Brickell

The Club At Brickell | 1200 Brickell Bay Drive, Unit 3909 | 1,183 Square Feet Living Area | 2 Bedrooms, 2 Bathrooms | Bay and City Views | Sale Price: $329,000 | Broker: Unique Internet Realty

We know the numbers and track the Brickell real estate market. If you are interested in working with Realtors who specialize in the Brickell market, please contact us directly at 305-342-1623 or send us a message here.

Don’t Miss Today’s News From Our Other Real Estate Blogs:

Coconut Grove Real Estate | Coral Gables Real Estate Vault | Key Biscayne Real Estate

Written by Riley Smith | Discussion: Leave A Comment

Have Pets? Check Out These Pet Friendly Condos On Brickell

July 10th, 2014 Written By


Categorized under Brickell Real Estate

brickell pets

The search for a Brickell condo can be overwhelming but when you have a pet, the process can become even more complicated.  There are some condominiums which allow owners to have animals but they may restrict the size, type or number.  Here on Brickell, small pets are okay in most buildings but if you have larger animals then your options may be limited.  You should let your Realtor know in advance that you have pets so that they can tailor your condo search accordingly.

Pet-Friendly Condos On Brickell:

  • The Four Seasons
  • The Santa Maria
  • Asia
  • Bristol Tower
  • One Tequesta Point
  • Two Tequesta Point
  • Three Tequesta Point
  • Carbonnell
  • Icon Brickell Tower 1
  • Icon Brickell Tower 2
  • Jade
  • Villa Regina
  • Skyline
  • Brickell Key One
  • The Plaza On Brickell
  • Epic
  • Courvoisier Courts
  • The Bond
  • Imperial At Brickell
  • The Emerald At Brickell
  • The Palace
  • Isola

If you would like more information on Brickell condos, please contact us.  We know the market inside and out and would love the opportunity to work with you.  We can be reached anytime at 305-342-1623 or by filling out our contact form here.

Don’t Miss Today’s News From Our Other Miami Real Estate Blogs:

Coconut Grove Real Estate | Coral Gables Real Estate Vault | Key Biscayne Real Estate

Written by Riley Smith | Discussion: Leave A Comment

3 Bedroom Condos On Brickell In High Demand

June 18th, 2014 Written By


Categorized under Brickell Real Estate

Brickell Skyline at Night

The Brickell area is appealing more and more to buyers with families which has caused a surge in demand for 3 bedroom condos.  Out of the 857 condos currently for sale on Brickell, there are just 100 that have 3 bedrooms or more.  Of these 3 bedroom condos, only 25 are listed under $1,000,000.  

The best deals for 3 bedroom condos are found below:

  1. Brickell Place | 1901 Brickell Avenue #B903 | 3 Bedrooms, 4 Baths | List Price: $589,000 | List Price Per Square Foot: $304.00
  2. The Club At Brickell | 1200 Brickell Bay Drive #4102 | 3 Bedrooms, 2 Baths | List Price: $379,900 | List Price Per Square Foot: $308.00
  3. Imperial At Brickell | 1627 Brickell Avenue #901 | 3 Bedrooms, 2.5 Baths | List Price: $635,000 | List Price Per Square Foot: $354.00

So far in 2014, there have been 52 condos sold that offer 3+ bedrooms.  They have closed at an average sale price of $1,500,000.

If you would like more information on Brickell condos, please contact us.  We know the market inside and out and would love the opportunity to work with you.  We can be reached anytime at 305-342-1623 or by filling out our contact form here.

Don’t Miss Today’s News From Our Other Miami Real Estate Blogs:

Coconut Grove Real Estate | Coral Gables Real Estate Vault | Key Biscayne Real Estate

Written by Riley Smith | Discussion: Leave A Comment

What Is For Sale At Brickell City Centre?

June 13th, 2014 Written By


Categorized under Brickell Real Estate

 

Brickell City Center

Brickell City Centre is the most talked about new construction project in Miami.  Located on 11 acres, it is the largest mixed-use urban development in the city of Miami. Offering high-end retail and dining, luxury condo residences, hotel, wellness center and office space, Brickell City Centre brings a whole new level of urban living and sophistication to the Brickell corridor.

The #1 best selling point of living at Brickell City Centre is that you will be located in the heart of the City’s best shopping, dining and entertainment.  The project also incorporates a renovated 8th Street Station on the third floor of the Centre so that residents are seamlessly connected with the rest of Miami.

Currently, there is only one tower that has been released for sale.  The Reach Residences at the North Tower will consist of 43 stories, 390 units, with a mixture of 1-4 bedrooms.  Below you will find features and amenities of the building and residences.

Building Amenities At The Reach Residences – North Tower:

  • Expansive half acre amenity deck including barbecue grills,outdoor fitness areas, children’s play area, heated lap and social pools, two heated spas, poolside beverage and cafe service
  • Library
  • State of the art fitness center
  • Tech-savvy children’s playroom
  • Exclusive spa for residents with dipping pools, showers, steam rooms
  • Entertaining suite
  • Business center
  • Wi-Fi throughout the lobby and amenity deck
  • On premise concierge
  • Assigned parking for all units in secured garage plus option of valet.

Residences Features At The Reach Residences – North Tower:

  • Residences will offer ceiling heights from 9’4” to 11’4”
  • Seven penthouse residences with 12’4″ ceilings featuring upgraded appliance packages, summer kitchens and private rooftop pools and outdoor spas.
  • Ten luxurious corner Tower Suites will offer 3 bedrooms and 4 baths.
  • Residences are delivered fully finished and furniture ready with choice of two interior finish packages including Italian cabinetry and imported marble floors.
  • Bio-metric technology elevator access
  • City-view terraces with glass and aluminum railings which are accessible from living areas and bedrooms.
  • Floor to ceiling sliding glass doors.
  • Over-sized, fully finished walk in closets in all master bedrooms.
  • Powder room in most residences.

There are several different floorplans to choose from at the North Tower.  If you are interested in learning more about condos for sale at Brickell City Center, please contact us at 305-342-1623 or send us a message here.

Written by Riley Smith | Discussion: Leave A Comment

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