Four Seasons Condo Market Category

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

September 8th, 2014 Written By

Brickell Condo Blog | The Riley Smith Group

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...Continue Reading!

50 Condos Already Sold This Year On Brickell!

February 10th, 2014 Written By

Brickell Condo Blog | The Riley Smith Group

The market has been very busy so far in 2014.  On Brickell, 50 condos have sold totaling nearly $35,000,000 in sales volume.   We have also seen 82 condos go under contract this year with a total listing volume of $45,000,000.  A majority of the condos that have gone pending have been listed under $1,000,000 which shows where buyer demand is at the moment. The building with the highest sale price to date is The Four Seasons (1425 Brickell Avenue); Unit...Continue Reading!

Most Expensive Condos On Brickell?

December 27th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

As 2013 quickly comes to a close, I thought it would be interesting to see what the most expensive condo on the market is at the moment and on the flip side, what the most expensive condo sale has been this year. At an asking price of $21,950,000, Unit 54DEF at The Four Seasons is the highest priced listing on Brickell.  This unit offers 8,911 square feet of living space with 5 bedrooms, 6 full baths and 4 half baths.  Some...Continue Reading!

Penthouse 69C Sells For Full Price At The Four Seasons

December 23rd, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

A 2 bedroom, 2.5 bath penthouse unit at The Four Seasons Millenium Tower (1425 Brickell Avenue) closed for the full asking price of $1,900,000 earlier this month.  The unit offered 2,139 square feet of living space.  Broker was Fortune.  The fact that this unit was a penthouse helped it garner a much higher price than other "c" line sales which occurred during 2013;  other "C" line sales ranged in price from $1,150,000 to $1,369,000.  Right now there are only 2...Continue Reading!

Subtle Chic at the Four Seasons Miami – For Sale, But Not On The Market

July 30th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

We get very jaded in this business. Not much phases or impresses us after a while. We feel like we have seen it all. And in this land of bling and Real Housewives foolishness that Miami has become famous (or is it infamous) for, sometimes it is subtlety that will stop us in our tracks. This is exactly that happened to me yesterday. I was invited to preview a condo at the Four Seasons Miami that was supposed to be very...Continue Reading!

Four Seasons Residences Two Bedroom Sells for $1,450,000

July 25th, 2013 Written By

Residence 45B at the Millenium Tower has just closed for $1,450,000 or $623/square foot. This condo sold after being on the market at this price for 340 days. Patience was a virtue for this seller as they were able to sell for approximately 92% of their asking price. The Millenium Tower/Four Seasons Miami Residences are located at 1425 Brickell Avenue. Details about this unit: Two bedrooms Two full bathrooms & guest powder room 2,317 square feet of living area Southeast corner views of bay and...Continue Reading!

UPDATE Four Seasons Penthouse 70F SOLD for record $1,358 per square foot

May 8th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

There seems to be a lot of activity around Penthouse level condos. This is nothing new for Miami, where we even have Junior PH levels due to some serious marketing minds and the unending desire for some sort of bragging rights. We are happy to report the sale of PH 70F at the Millenium Tower Residences, also known as the Four Seasons Miami at 1425 Brickell Avenue.  We wrote about this property recently on our blog, view post here. The sale price...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!

In Brickell, An Over Priced Two Bedroom vs. An Under Priced Three Bedroom

April 18th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

I spent the last three days showing potential condos in Brickell to clients from out of town. Here are my notes from the trenches: A nice two bedroom condo in a better building in Brickell is going to cost at least $575,000 and more likely up to $700,000. There are very few options at the moment in this price range. Depending upon the building we had between 1 - 3 condos for sale to consider. In some buildings, there were none. The ability...Continue Reading!

Condo Hotels And Short Terms Rentals In Brickell

February 13th, 2013 Written By

Brickell Condo Blog | The Riley Smith Group

Just as I was reading a text from a client in Puerto Rico, a colleague in the office took a call from one of their clients about the same subject.  Many people want to know which buildings in Brickell allow short term rentals?  Also, whether or not financing is available in these buildings?  The answer is easy, though not what always what buyers want to hear. In the past, some buildings had “loose” policies about owners renting out their condos short...Continue Reading!

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