Miami Beach Condo Investors Paid At Least $4,000 PSF For 11 Resale Units Since 2020
This latest issue of the Miami Condo Market Intelligence Report With Peter Zalewski™ examines condo market pricing trends in the barrier island city of Miami Beach.
Volume 2024, Issue 5 (Subscribe here)
In this week’s newsletter, we examine the spectacular cash infusion into Miami Beach’s condo market since 2020 with five stories identifying the latest pricing trends in a city sandwiched between the Atlantic Ocean and Biscayne Bay, and stretches from South Pointe Drive north to the Surfside city limits at 87th Terrace.
The reports and accompanying charts are based on research we conducted using our proprietary information, private records and government statistics.
The first story focuses on the 15 Miami Beach condo resales - 11 deals since 2020 - that have traded for at least $4,000 per square foot each during the last decade in the barrier island city.
In the second story, we rank the top 10 most expensive condo unit transactions in Miami Beach in 2023.
The third story explains how nearly 43 percent of Miami Beach condo resales last year were priced below $500 per square foot.
For the fourth story, we rank Miami Beach’s Top 10 most popular condo buildings based on total transactions in 2023.
In the fifth story, we discuss a new initiative to publish our newsletters directly on LinkedIn for individuals who are moving away from email and the spam associated with the medium.
It is a lot of information but we are confident our reports will assist you to better understand current market conditions in Miami Beach.
It is worth noting that we are sharing a portion of our research for free with subscribers to our newsletter and readers of CondoVultures.com. If you want access to all of our published information, we would encourage you to join the newly launched Miami Condo Market Investment Club™.
Additionally, we encourage you to check out our video and audio podcasts.
As a reminder, we are always available for consulting, expert witness work and brokerage services just as we have been since 2006. If you want more information, please visit CondoVultures.com or call the office at 305.865.5859.
Story 1
15 Miami Beach Condo Resales Traded For At Least $4,000 Per Square Foot Since 2013
A review of statistics shows that 11 condo resales traded for at least $4,000 per square foot since 2020.
Story 2
Miami Beach's Top 10 Most Expensive Condo Resales
A review of condo statistics identifies the units that traded at the highest price per square foot in 2023.
Story 3
Nearly 43% Of Miami Beach Condo Resales Traded At A Price Below $500 PSF In 2023
A review of the condo statistics shows that a large number of Miami Beach condos traded in 2023 below the average price per square foot of about $727.
Story 4
Top 10 Ranking Of Miami Beach's Most Popular Condo Projects
A review of 2023 condo statistics identifies the condo projects that experienced the greatest number of unit resales.
Story 5
Miami Condo Market Intelligence Report Newsletter Now Also Published On LinkedIn
If email is not your thing, you can now find our newsletter also published on the LinkedIn professional services social media site on Mondays.
This information is believed to be accurate and complete but cannot be guaranteed or warranted.
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