Apartment Rentals & Sales Miami FL

I’ve been telling anyone who has asked that the bottom is here, if not already past.  Several properties I work with regularly are seeing both sales AND rental prices inch back up - I think we are headed back up!

Seeing articles like this in the Miami Herald also help bolster confidence in the reading of the real estate climate as well.

If you are on the fence… get OFF IT!  You WILL miss the chance to buy at the bottom if you are still playing the “wait and see” game.

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.

There was a great article in the Miami Herald today, “New Life in Downtown Miami as Condos Fill Up“, talking about the high levels of occupancy in Downtown Miami and Brickell, the increased foot traffic, jump in number of businesses including restaurants and bars, and the decreasing inventory.

Such a strange condo Icon Brickell, 1800 units in a luxury building with premium hotel and nightclub.  If we were on South Beach it would be a pea in a pod but in business Brickell it’s a bit of an odd, and fun, duck.

Nation’s longest pool!

Love it or hate it, Icon Brickell has style.  Much of the design is Philippe Starck as are other Icon properties like Icon South Beach.

Here is ARMiami’s latest video tour, this is an 00 line at Latitude on the River in Brickell which is a West facing Studio.

Here is what my mortgage contact gave me today:

BRICKELL

Avenue on Brickell (1050/1060 Brickell Ave)

500 Brickell

Brickell on the River South Tower

Icon Brickell Tower 1

Infinity

The Ivy

DOWNTOWN

50 Biscayne

900 Biscayne

Everglades on the Bay

Marina Blue - some units

Met 1

PERFORMING ARTS 

Quantum on the Bay

NORTH BAY VILLAGE

360 Condo

Our great Latitude on the River 1/1.5 is back on the market.

Neo Vertika PH2-07 and Latitude on the River #2405 have both been rented, unit #2402 at Latitude on the River is still available - this is a gorgeous, fully furnished unit with South facing water views and two balconies.

Imagine a photo of Axis here!  I will try and get one tomorrow

Axis Brickell Condo is located just off Brickell Ave on 12th St & 1st Ave.  It has a great location just blocks from 2 Publix, plenty of restaurants, a Peoplemover/Metrorail station across the street, and Mary Brickell Village just two blocks away.  Not to mention the convenience of I-95, US-1, and South Beach.  

Axis Brickell Condo features two large towers, North and South which feature the same units.  There are traditional layouts in one beds and two beds, as well as a very cool corner unit two bedroom which we viewed today.  With a truly oversized balcony running the full length of the wrap-around unit it is easily twice the size of what you would expect an oversized balcony to be!  Even the regular units have a generous sized one as well.  

 A very spacious pool deck with intelligent design - the main pool had direct sunlight at 11:30am from the East and there are no obstructions to the West what-so-ever.  A lap pool and spa/whirlpool are also on the pool level as are clubroom, conference room, and gymnasium.