Here is a great New York Times article:
In Miami, Condo Sales Rise as Prices Bottom Out
about the rise in sales here in South Florida in the Downtown Miami, South Beach, and Brickell areas. Specifically mentioned is Icon Brickell and its current sales health.
Thanks David B for sending me this article!
Icon Brickell, I’ve mentioned it before - is now my #1 pick in luxury properties, particularly those looking for a potential rental property or vacation home. Pricing is as low as it is going to get with a high floor one bedroom in the $325,000 and up range sporting views like this:
Sales here are flying - reported to be ~200 units in the last two months since the developer dropped prices 30%. I was there for 3hrs this Friday and 2hrs this Saturday with clients and the amount of action I saw was amazing. If you are on the fence… I would get off it. The building has FHA approval so you don’t have to be an all-cash buyer, mortgages are welcome! There is also the Icon Brickell Viceroy Condo Hotel which I have not yet viewed which brings a slew of additional amenities to the Icon Brickell Condo project, an article on the Viceroy Hotel is forthcoming.
