A serious seller in zip code area 33137 should look at the “Days on Market” and MSI indicators, plus the considerable disparity between “median list price” vs “median sold price” below, and consider a substantial price adjustment to get their home sold.
One Thousand Museum Penthouse Under Contract for $13 Million
A penthouse at the Downtown Miami luxury high-rise designed by Zaha Hadid has sold for $13 million according to a report in today’s South Florida Business Journal. This tops the $11 million sale for one of the building’s apartments earlier this month. One Thousand Museum has 62 floors with 83 residences. Floor plans range from […]
Beckham’s Consider One Thousand Museum Purchase
Rumour around Downtown Miami is that David and Victoria Beckham are considering a condo purchase at One Thousand Museum, Zaha Hadid’s only residential building design on this side of the Atlantic. As reported by Michelle Kaufman in the Miami Herald: They also were spotted touring the new, luxurious 62-story One Thousand Museum residential tower in […]
Brickell in the Top 28 Friendliest Cities in the U.S.
Yes! Our Brickell! With our traffic and never-ending construction, we still ranked #23 on National Geographic Traveler magazine’s list of the “28 friendliest neighborhoods in U.S. cities”. Now, my question is: are they referring to The Roads – the residential neighborhood historically called “Brickell Hammocks” – or the section of Brickell east of I-95 between […]
New Construction Market Insights – June 2019
Year to date, the greater Downtown Miami area has added 516 residential condominiums; 2,139 rental apartments; 90,000 square feet office space; and 118,266 square feet of retail space; and 1,780 theater seats. At our current rate, and with current construction expected to be completed this year, we will easily exceed 2018 totals for rental apartments […]
Groundbreaking at 400 Biscayne Boulevard
Earlier this week, construction officially began on phase one of development at 400 Biscayne Boulevard across from Bayside Marketplace in downtown Miami. The 49-story high-rise mixed-use project will include private and co-living “smart rental” units featuring keyless entry and control of the audio, video, and thermostat from a mobile app on the tenant’s phone. The […]