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First SoFi Sales of 2012
The first sales of the new year in the South of Fifth neighborhood totaled over $44 million according to MLS records. These first 29 recorded properties sold at an average price of about $1.5 million and just under $700/SF. One third of the sales happened at the Continuum Towers, where 6 units sold [...]
Read more>>South of Fifth Monthly Inventory
Here’s a snapshot selected condominiums in the South of Fifth neighborhood of Miami Beach FL 33139, arranged by the number of months of available inventory, calculated from their sales in the last 12 months. The monthly inventory is indicated with the blue circles, while the red bars represent the number of units currently being offered [...]
Read more>>SoFi Condo Inventory
There are many factors that influence the real estate market going forward, yet I always find it interesting to predict what will happen tomorrow based on our experience from yesterday. In this case I am looking at the number of closed sales in 2011 to suggest how long it will take for the existing units [...]
Read more>>25 Most Expensive Condos Available in the South of Fifth Neighborhood
The New Year is responding to a 2011 Sales period that saw a significant increase in prices combined with a shortage of inventory in the neighborhood. There is, however, no longer a shortage of ultra luxury properties for sale in the South of Fifth neighborhood. The 25 currently most expensive units in the neighborhood are [...]
Read more>>10 Most Expensive SoFi Sales in 2011
The sales price of the ten most expensive condominiums in the South of Fifth neighborhood in 2011 was over $5 million each and combined for a total of over $83 million. Two of the units sold for more than $10 million each. Six of the ten most expensive units were located, not surprisingly, at the [...]
Read more>>South Beach Miami Real Estate and Condos for Sale
South Beach Miami Real Estate doesn’t get any more exclusive than the South Beach Condos for Sale in the beautiful South of Fifth Street neighborhood. This sun drenched residential enclave at the southern tip of Miami Beach boasts year round sunshine, huge white sand beach, crystal clear waters surrounding it on 3 sides, a spectacular marina, world class restaurants and the most luxurious condos on South Beach.