The real estate market in South Florida is beginning to pick up. In contrast to the opinions of skeptics, within the past two months 59 oceanfront condos in Miami have gone to contract. In Fort Lauderdale’s Broward County, 55 condo units sold. The most expensive listing to make it to contract was in Fisher Island, and listed for $12,900,000. The South Florida real estate market is continuously gaining strength and stability, and investors are building wealth.Now is the time to invest in Fort Lauderdale, Miami and South Florida real estate. Here are some examples of recent sales:
Bellini at 10225 Collins Avenue in Bal Harbour
7600 square feet, 5 bedrooms and 6.5 baths
On market for 197 days and the price dropped from $7,695,000 to $4,999,999!
The Continuum South Tower at 100 S. Point Drive on Miami Beach
1870 square feet,
2 bedrooms and 2 baths
On market for 97 days and the price dropped from $2,500,000 to $1,800,000!
The Mosaic at 3801 Collins Avenue on Miami Beach
3 bedrooms and 3 baths
On market for 283 days and the price dropped from $1,300,000 to $900,000!
L-Hermitage at 3200 N. Ocean Boulevard
3 bedrooms and 3 baths
On market for 2 days and the price dropped from $2,199,000 to $1,799,999!
Contact Denise Rubin Realty, LLC today to learn more about your South Florida investment opportunities.
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