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Top 3 Most Expensive Miami Beach Condo Sales – January 2010

Ines Hegedus-Garcia
ines@miamism.com

There were 117 Miami Beach condos sold in January 2010 with the lowest sale being a pool cabana at Casablanca Condo for $16,000 and the next highest a 1 bedroom condo at Normandy Place Condo (which was a bank owned property).  Now to the good stuff.

January's Most Expensive Miami Beach Condo Sale

The Continuum on South Beach:  50 S Pointe Drive, #TWN6 - Miami Beach, FL 33139

Listed for $4,353,000 and sold for $3,482,400 on 1/29/2010

The Continuum needs no introduction - it's 2 towers are the only 2 oceanfront uber luxurious high-rises in the area knows as South of Fifth in South Beach.  This unit was listed on January 13th, 2010 and was under contract by the 17th!  WOW! (but there are not even interior photos of the unit on the MLS, so it was obviously sold before it listed).  Here's the MLS description:

Enjoy 12 Acres of Oceanfront Living at Continuum II! Spacious, large balcony with magnificent views!  Italian kitchen with stainless steel Miele appliances, Subzero refrigerator, granite countertops and marble floors.  Luxury amenities include 24 hr security and valet parking, full-time concierge service, 2 large lagoonpools with pool and beach-side services from patio restaurant.  Three pro-clay tennis courts, 23,000 sf Sporting Club and spa with infinity lap pool!

Features:

  • 2,901 square feet of living space
  • built in 2008
  • 4 bedrooms / 4.5 bathrooms
  • 2-car garage
  • Direct Ocean Views
  • Beachfront condo
  • Facing South
  • Balcony
  • Decorator ready
  • Maintenace Fee - (not disclosed)

January's Second Most Expensive Miami Beach Condo Sale

Il Villaggio:  1455 Ocean Drive #1102 - Miami Beach, FL 33139

Listed for $2,195,000 and sold for $1,850,000 on 1/05/2010

This unit was purchased for $2,700,000 in June 2007 and was on and off the market starting on February 2008 with an asking price of $3,590,000.  The sellers lost $850,000 in this real estate transaction, but you can only speculate that they enjoyed Il Villaggio's views and amenities in the 2.5 years they owned it.

The ultimate "south view" residence at South Beach's very own Il Villaggio.  This sleek, sexy floor plan provides wrap-a-round views of the ocean, Lummus Park and the seductive South Beach coastline.  Three expansive terraces, dramatic foyer entrance, custom bamboo flooring, gourmet kitchen, marble baths, & a luxurious master suite.  Luxury building offers the finest, personalized services of any building in South Beach, oceanside promenade and community room.  Live the life you've always imagined...

Features:

  • 1,700 square feet of living space
  • built in 1998
  • 2 bedrooms / 2.5 bathrooms
  • 1 parking space
  • Beachfront condo
  • Facing South
  • Balcony
  • Maintenance Fee - $1835/month

January's Third Most Expensive Miami Beach Condo Sale

Canyon Ranch - 6799 Collins Ave #505 - Miami Beach, FL 33141

Listed for $1,900,000 and sold for $1,550,000 on 1/29/2010

Canyon Ranch is Miami Beach's latest craze bringing life to Mid-Beach with luxury and style.  This particular residence was listed on March 2009 for $1.9 Million and had no price adjustments.

One of a kind, amazing beach house facing East w/ direct ocean views.  This is a must see! 2 Bed + den/media room (could be converted to 3rd bedroom)+ a private rooftop terrace, directly on the ocean.  Spacious layout w/10 ft ceilings, stunning baths and custom kitchen.  Canyon Ranch offers every luxurious amenity including all spa services and on-site restaurants.

Features:

  • 1,965 square feet of living space
  • built in 2008
  • 2 bedrooms / 3 bathrooms
  • 1 parking space
  • Beachfront condo
  • Decorator ready
  • Facing East
  • Balcony
  • Maintenance Fee - $2500/month

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