Luxury 1 Bedroom Condos in SoFi
Living in the South of Fifth Neighborhood provides benefits way beyond the boundaries of the unit you occupy. The classic Realtor mantra “Location, Location, Location” perhaps says it all, and the specifics that apply to SoFi abound. It’s a coastal community with glorious Beaches and a world class Marina. It boasts some of the most sought after restaurants and cultural destinations. It is conveniently located to the airport and major transportation. It’s a walking neighborhood, pet friendly, there are good schools nearby, and it’s usually sunny and warm. Luxury defined!
Anyway, I wanted to talk about a particular subset of luxury units that are available in this neighborhood, that provide great value at an entry level price. They are smaller units in the Luxury Waterfront towers. At this time there are just 8 such 1 Bedroom 1.5 Bath units available, representing less than 10% of the current inventory there. The average price for these smaller units is $2.1 million while the average price for the 2BR and larger units in these same buildings is considerably more than $6 million. Just click the link below to see them:
2023 SoFi Median Sales Prices
The Median Sales price of a Condominium in the South of Fifth Neighborhood was $1,650,000, and at its highest level, for the months of October and November, 2023. That contrasted significantly with a Median price of $450,000 in the previous month of September. The Median Sales Price was over $1 million for half of the year.
Today there are about 204 units for sale in the South of Fifth neighborhood. This is how they are priced:
Under $ Million 73 Units
$1-2 Million. 39 Units
$2-4 Million. 50 Units
$5 Million plus. 42 Units
The least expensive unit is priced at $199,000, while the most expensive is priced at $47,500,000. Almost twice as many units are selling for more than $1 million than are selling for less, and the number of units selling for more than $5 million is becoming increasingly significant.
Most Expensive South of Fifth Condos
The South of Fifth neighborhood is a primary go-to destination for Buyers looking for a Luxury lifestyle in their home, their building and their neighborhood. It’s no surprise then that the most spectacular of the units available come at a price that reflects the epitome of luxury living. Here, then is a curated list of the 10 most expensive condominium units currently on the market in the South of Fifth neighborhood. Click the link below to see where unparalleled design meets breathtaking views!
Call me to see any of them.
