Brickell Waterfront Condos Category

Jade Brickell Reaches New High Sale Price per Square Foot

May 2nd, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Unit 2311 at the Jade Residences at Brickell closed yesterday after just 26 days on the market. The sale price of $1,275,000 is 98% of the list price which was $1,300,000. Of course this condo was beautifully furnished and finished, which contributed to the quick sale and record price. Unit 2311 stats: Two bedrooms Two and one half bathrooms 1,878 square feet of air-conditioned living area Corner unit facing East with direct Bay and Ocean Views Wrap-around balcony Marble and wood flooring throughout The most important news here...Continue Reading!

Pricing Options for Selling Your Brickell Condo

April 30th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

This morning I was on a listing appointment at a condo in a waterfront building on Brickell Avenue.  These particular sellers have owned the condo since the mid 90’s and have some equity to play with. Like all sellers they want to sell for the maximum number possible in today's market. In this particular case, they would like to sell so that they can buy a house. They are not in a position where they need to sell.  This means...Continue Reading!

Villa Regina Brickell – Market Update

April 24th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Just like many of the “older” buildings on Brickell Avenue, Villa Regina at 1581 Brickell is enjoying a renaissance of sorts. It’s definitely being rediscovered by buyers who are looking for more spacious condos than what is being offered in many of the buildings that were built in the last five years. The building enjoys a prime waterfront location on Brickell Avenue, just south of 15th Road. This means walking distance to Mary Brickell Village, restaurants, shopping and offices in the...Continue Reading!

Living At A Luxury Hotel In Brickell

April 22nd, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Ever since I was a kid and first heard about Eloise, the children’s character who lives at The Plaza Hotel in New York, I have always wanted to live in a luxury hotel. Well it seems I am not alone. Last week, I showed condo-hotels to clients from Puerto Rico and this weekend I received a call from a reader of this blog, who lives in Brazil, and wants to buy a condo in a Miami Luxury Condo-Hotel building. Specifically the...Continue Reading!

March 2013 Brickell Condo Update

April 9th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

The March 2013 numbers are in! Where possible we’ve compared them with March 2012 to show trends. The total value of all sales soared. Have a look: Yes, there were 15% fewer sales this March compared to March of 2012. The gains in all of the other statistics are incredibly impressive. The Brickell market in total is gaining more and more value and sellers are becoming bolder with their listing prices, even with financing options still tight. There is a lot...Continue Reading!

Good Price for Three Bedroom Condo at Skyline on Brickell

April 1st, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Unit 3005 at 2101 Brickell Avenue is on the market for $795,000. Situated on the Southeast corner of the building, this condo has 1,762 square feet of living area. The master bedroom is actually the corner of the building and the glass walls showcase an amazing ocean view to the east. Three bedrooms and three full baths is very attractive with buyers today. Recent renovations include bamboo floors in the living areas and natural sea grass carpet in the bedrooms. The...Continue Reading!

Under Contract In Less Than 60 Days – Imperial at Brickell Unit 2507

March 15th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

You know your system is working well when both buyer and seller are thrilled.  In the case of Unit 2507 at the Imperial, the Seller was only interested in selling if the price included some future value as he is very bullish on the Miami Real Estate Market.  To add some complexity to the sale, he decided to refinance just as we listed his property for sale and so it could not be in the MLS. One week later the...Continue Reading!

Four Bedroom Short Sale at The Jade at Brickell Bay

March 12th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Proof that there is still a shadow inventory of short sales in Brickell, a four bedroom condo at the Jade at Brickell Bay just hit the market as a short sale. Unit 3611 last sold in 2006 for $2,300,000. Since July of 2010, this condo has been for sale at various prices ranging from $2,499,000 to $2,700,000 and never sold. The listing expired in January of 2013 when it was listed at $2,450,000 and just came back on as an...Continue Reading!

February 2013 Brickell Key Condo Market Update

March 8th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Yesterday we published the February numbers for all of Brickell and we know many of our readers want to see Brickell Key broken out on it’s own. In so many ways Brickell Key really is it’s own Island and economy.   Where possible we’ve compared them with February 2012 to show trends.  Everything is up.  Really up!  Except Inventory and Average Days on the market with are both down.  The squeeze is on.  Have a look: The numbers speak for themselves.  The...Continue Reading!

What Will $1,000,000 Buy in Brickell?

March 1st, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

This morning we were looking at everything available for sale in Brickell and Brickell Key for between $975,000 and $1,125,000.  Even though the market is busy, we were a little shocked to find only 16 condos for sale.  13 of them are two bedroom units, two are three bedroom units and there is one four bedroom for sale in this price range. It's not surprising that seven of the available condos are in the Icon Brickell Complex, since there are over 1800...Continue Reading!

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