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
Infinity
The Ivy
DOWNTOWN
Marina Blue - some units
PERFORMING ARTS
NORTH BAY VILLAGE
360 Condo
One of the handful of new properties on the South shore of the Miami River in downtown Brickell is Latitude on the River Condominiums. Opened in 2007 this building is fully established and running smoothly. Latitude on the River is an impressive mid-luxury building easily standing tall with Avenue on Brickell, One Miami, or Marina Blue for example.
Latitude on the River stands out with a lux amenities package complete with two story clubhouse and a movie theater, a lively atmosphere, and one of the most convenient locations in Brickell, just two blocks from two Publix Supermarkets, 3 blocks from I-95 and under 15 minutes to South Beach.
Avenue on Brickell (1060 Brickell) developer Extell is oferring a bulk sale of 346 units at a fair discount - but will they find a buyer? Click on the link to read a Miami Herald article about the sale:
346 Brickell Condos Offered in Bulk Sale
While at first glance this seems to support the notion the sky is falling that the news outlets and water cooler gossip would have you believe, take a close look at the numbers cited at the end for closings in Miami - 70% rate closed and many of the buildings are still in the closing process. This supports what I have seen in the foreclosure/short sale market, that there are still condos being bought and sold daily - units priced well are moving as cash buyers swoop in.
I had a showing this week at Avenue on Brickell, sometimes called 1050 or 1060 Brickell Avenue as well, at the South/1060 tower. Great lobby and common areas with a bit of an older style to it with brown tones and wood - not the hyper-modern all white you see in many of the new buildings. I saw several of the two bedroom layouts and they all share one thing in common - tiny balconies! It was very surprising at just how small they are, definitely not big enough for any furniture which is a real shame as you can see from the view.
