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Luxury Real Estate Investors, Take Note!

July 14, 2017

Investors, take note! Luxury condominium inventory is building up in new construction buildings in South Florida.

There have been several, ultra-luxury, new construction buildings that have recently been completed and buyers have closed. We have found motivated sellers in the finest buildings all along the coast. In a balanced market, we usually see around 10 percent of the building on the market, but the sampling below shows a different story. In this type of market, sellers oftentimes can become competitive and motivated, looking to break out of the pack and get their property sold. Here is a sampling of inventory availability in select new construction buildings where opportunities may loom:

Building Name                  Total # Units      # Unit for Sale   %            Sq.ft. Range       Price Range

Porsche Design Tower        132                         44                           33%        3415-5913            $5.3-$16.5 Million

Mansions of Acqualina         72                          18                            25%        4609-9145            $5.2-$35 Million

Chateau Beach                     82                          28                           34%        1557-9050            $1.495-$25 Million

We have successfully worked with investors and end users for years finding “the perfect deal”.  Timing is upon us!

For the most comprehensive information on all new construction in South Florida, contact Niki Higgins at +1-954-817-2500 or +1-888-242-4422.

Mansions at Acqualina, New Luxury Condos for Sale in Miami

 

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