Least Expensive Brickell Key Condo

Brickell_Key_ParkBrickell Key is favorite for both locals and foreign nationals.  It is an island just off Brickell Avenue. Providing easy access to neighboring financial district, as well as the Miami Beaches.  Many may not know, but in addition to the luxurious high-rise condos, Brickell Key has a 5 star Hotel-Mandarin Oriental Miami, Class A Office Buildings at the Courvoisier Centre, BB&T Banking Center, as well as restaurants, including the renowned Japanese place NAOE, and a full service marketplace – The Islander.  With the walking paths surrounding the island and multipurpose park at the center, one could enjoy the sun rays of Miami without ever leaving the island.

Because of Brickell Key’s perceived exclusivity, many buyers think Brickell Key is out of reach.  Not so.  Brickell Key has condos at all price points.  From the $9MM penthouse at Asia to the $185k studio at Brickell Key II, there is a condo to fit everyone’s budget.

At the moment, Brickell Key II has the least expensive studios, one bedrooms, and two bedrooms, $185k, $269k, and 340K, respectively.  The least expensive three bedroom condo on Brickell Key is $800k at Courts Brickell Key, while a four bedroom can be purchased for only $750k at Brickell Key One.

Thinking of buying or selling a condo in or around Brickell Key?  Call me now at 305.209.2929 for a free no hassle consultation to discuss your condo needs in today’s ever-changing real estate market.

I am a Miami real estate specialist, covering Brickell, Coconut Grove, Coral Gables, the Miami Beaches, Key Biscayne, Miami Shores, South Miami, Downtown, Midtown, Edgewater, Wynwood and Dadeland.  If you would like to schedule a no obligation buyer or seller consultation, please call 305.209.2929.

 

What is my Brickell condo worth?

Brickell-Avenue-ArcherIn today’s every changing market, a common question buyers and sellers have is – what is that condo worth?

Today’s featured Condo is Brickell Place.  Brickell Place is located on the south side Brickell, equidistant to Rickenbacker Causeway and 1450 Brickell (home to PM Fish and Steakhouse).  Brickell place has four towers - A, B, C and D or 1865,1901,1915,1925 Brickell Ave.

Brickell Place was constructed between 1975 and 1980.  Since then, the common areas and lobbies have undergone significant remodeling.

Brickell Place offers amenities one might not expect of a condo located along Brickell – a marina, tennis courts, onsite marketplace and BBQ area, in addition to two pools, valet parking and plenty of guest parking.

Beyond the buildings amenities, Brickell Place offers a lot more square feet.  For example, some one bedrooms exceed a 1000 square feet.  Newer buildings in Brickell have two bedrooms spec’d out for that size.  The units also offer large closet space for much needed storage in condo setting.

Now for the numbers.  In the last 6 months 14 condos have sold in Brickell Place for median sale price per sq. ft. of $284, the median sale price of an apartment was $339,500.  At the moment there are 5 condos in contract and 9 condos available for sale.

With the average square foot for the newer construction exceeding $500, Brickell Place makes for an affordable alternative.  However, prices are on the rise with the median price per sq. ft. asking price of $375.

The least expensive unit at Brickell place available for sale is a 1,064 sq. ft. one bedroom for $286,000 and the most expensive unit is a 2,990 sq. ft. penthouse with an asking price of $1.5mm.

If you are interested in selling, buying or renting a Brickell condo, please contact me for a free consultation to discuss the market and how to obtain the best value for your transaction.

I am a Miami real estate specialist, covering Brickell, Coconut Grove, Coral Gables, the Miami Beaches, Key Biscayne, Miami Shores, South Miami, Downtown, Midtown, Edgewater, Wynwood and Dadeland.  If you would like to schedule a no obligation buyer or seller consultation, please call 305.209.2929.

BRICKELL RENT TO OWN CONDO INVESTMENT

Skyline on Brickell Condo

With the real estate market surging forward, investors and retail clients are become more and more wary of where pricing is headed.  Speculating and timing a market is not always predictable or logical.

Not everyone can stomach the risk.  So where does that leave risk adverse buyers?  On the sideline watching prices continue to climb just to wait years for prices to decline to a point that will never materialize?

An alternative to buying today is buying tomorrow at today’s prices, commonly referred to as a lease option to buy or lease purchase option.

For example, at the moment there is a condo for lease at the revered Skyline on Brickell (pictured) listed for rent at $1990 a month and for sale as well.  Other lease to own opportunities exist, including Courvoisier Courts on Brickell Key and Latitude on the River.

Interested in learning more about leasing a Brickell condo with the option to buy?  Call me now at (305) 209-2929.

I am a Miami real estate specialist, covering Brickell, Coconut Grove, Coral Gables, the Miami Beaches, Key Biscayne, Miami Shores, South Miami, Downtown, Midtown, Edgewater, Wynwood and Dadeland.  If you would like to schedule a no obligation buyer or seller consultation, please call 305.209.2929.

 

BRICKELL CONDO FOR VACATION OR INVESTMENT… YOU DECIDE

Brickell_Vacation_Condo_For_SaleNot all Miami condo buyers are the same.  Some want a condo they can buy to live in full-time, while some Brickell buyers want a condo that they can vacation in for the season.  And other prospective buyers simply want to buy condos for investment purposes .  But what about buyers that are unsure or maybe want the best of these worlds.

There are only a handful of buildings in Brickell that offer the option to rent for short periods of time, one such building is Fortune House.  Fortune House operates like a condo-hotel.  You can rent the condo daily, weekly, monthly or yearly.  When you are not leasing the condo, you can enjoy the building’s amenities, which include a heated pool, gym, spa, poolside BBQ, onsite restaurant, conference areas, Wi-Fi, and valet parking.  Fortune house offers one bedroom/one bath, as well as two bedrooms/two baths, starting from $200,000.

The flexibility of Fortune House allows you to rent the condo for higher rates for shorter terms.  It also allows you to treat friends and family to their own private space when they are in town visiting, or for you enjoy while on vacation.  Whatever your need, Fortune House condos offer an alternative to the traditional condo leasing regulations.

To learn more about condos that allow short term leasing in and around Brickell, call me now at 305.209-2929.

I am a Miami real estate specialist, covering Brickell, Coconut Grove, Coral Gables, the Miami Beaches, Key Biscayne, Miami Shores, South Miami, Downtown, Midtown, Edgewater, Wynwood and Dadeland.  If you would like to schedule a no obligation buyer or seller consultation, please call 305.209.2929. 

BRICKELL CONDO NEW CONSTRUCTION HORIZON

It seems like any give day of the week you can open the Miami Herald or the Sun-Sentinel and read about a developer’s plans to build a new condo building in South Florida.  In Brickell alone, there are more than a handful planned or already in the echo-brickellprocess of construction, including: 1010 Brickell (2016), Bond Brickell (2015), Brickell House (2014), echo Brickell (2016), Millecento Residences (2014), SLS Brickell (2015), Nine at Mary Brickell Village (f.k.a. EnV), Brickell Citi Centre (2015), and MyBrickell (2014).

New construction in Brickell offers the benefit of locking in todays prices, as the market continues to rise.  In certain situations you may be able to resell your Brickell condo before closing by flipping it or assigning the contract to another buyer.

Can’t wait for the project to be completed?  Some Brickell condo projects have already been completed and have units that have never been lived in.  The advantages of these units include the certainty of pricing and various developer incentives that offer thousands of dollars in discounts to close out the project.

To learn more about new construction project investment opportunities in and around Brickell, call me now at 305.209-2929.

I am a Miami real estate specialist, covering Brickell, Coconut Grove, Coral Gables, the Miami Beaches, Key Biscayne, Miami Shores, South Miami, Downtown, Midtown, Edgewater, Wynwood and Dadeland.  If you would like to schedule a no obligation buyer or seller consultation, please call 305.209.2929. 

BRICKELL FORECLOSURE WITH DIRECT BAY VIEWS

The Club at Brickell BayWith prices surging daily, it seems next to impossible to find a bargain in Miami’s real estate market.  For buyers looking to enter the market today, value still exists with Brickell foreclosures and short sales.

This week a two bedroom two bathroom is available at The Club at Brickell Bay.  The The Club at Brickell Baytwo bedroom is in the highly sought after “01″ line and features direct bay views, extra large wraparound balcony, wood flooring and upgraded kitchen with stainless steel appliances and granite countertop.  The unit also has its own washer and dryer.

The Club at Brickell BayFor those unfamiliar with The Club at Brickell Bay, it is located on Brickell Bay Drive between SE 12th Street and SE 12th Terrace.

The Club at Brickell Bay features a full size swimming pool, fully equipped health & exercise club, barbeque area, social hall, state-of-the-art security system, 24/7 roving security guards, on-site shopping & retail services, 24/7 valet service available, lush tropical gardens surrounding the pool area, high speed internet, business center and media room, and garage parking.

To schedule a showing of this property or others in the area call me now at 305.209-2929.

I am a Miami real estate specialist, covering Brickell, Coconut Grove, Coral Gables, the Miami Beaches, Key Biscayne, Miami Shores, South Miami, Downtown, Midtown, Edgewater, Wynwood and Dadeland.  If you would like to schedule a no obligation buyer or seller consultation, please call 305.209.2929. 

THREE BEDROOM BRICKELL CONDO FOR SALE

Three bedrooms in Brickell are somewhat of a rarity.  At the moment there are 91 three bedrooms on the market, while 337 two bedroom and 270 one bedrooms are offered for sale in Brickell.

Three bedrooms in Brickell certainly have their advantages.  For example, less three bedrooms means less inventory when it comes time to rent or sell, which typically gets a better return on your money.  Three bedrooms also allow additional room for expanding families, space for out of town guests, or the ability to have a spare room for a home office.

Three bedrooms in Brickell range in price from $425k to $5.65mm.  It should be noted, not all three bedrooms are the same.  Some units offer an open floor plan with no enclosed walls.  It has space for three bedrooms and may even have three bathrooms, but Brickell developers left the planning for the consumer to decide where to put the walls.

Club at Brickell Bay PenthouseToday’s featured three bedroom condo in Brickell is in The Club at Brickell Bay.  This corner Penthouse unit is in the heart of Brickell with amazing views, custom kitchen, and marble flooring.  As an approved short sale at $445k, this Brickell three bedroom offers a lot of value in today’s market.

Brickell buildings with three bedrooms for sale at the moment include: NEO Vertika, Axis, Infinity at Brickell, Brickell Harbour, Brickell on the River, ICON, 500 Brickell, Mayfield, Four Seasons Residences, Imperial at Brickell, Santa Maria, Brickell Place, Skyline on Brickell, Bristol Tower, Brickell Bay Club, Brickell Townhouse, The Metropolitan, The Plaza on Brickell, Four Ambassadors, The Mark on Brickell, The Club at Brickell Bay, Jade Residences, Courvoisier Courts, Asia, Carbonell, Brickell Key One, as well as Tequesta Point One, Two and Three.

To schedule a showing of this property or others in the area call me now at 305.209-2929.

I am a Miami real estate specialist, covering Brickell, Coconut Grove, Coral Gables, the Miami Beaches, Key Biscayne, Miami Shores, South Miami, Downtown, Midtown, Edgewater, Wynwood and Dadeland.  If you would like to schedule a no obligation buyer or seller consultation, please call 305.209.2929. 

 

BRICKELL VIEW 2 BEDROOM CONDO FOR SALE

Bargains continue to exist in Brickell despite the recent run-up in prices.  Brickell View Condominiums is next to Simpson Park.  The unit offers low maintenance, which is an important feature for any investor looking to generate good returns on an investment.

Brickell ViewThe balcony offers a city view of Brickell.  This two bedroom is perfect starter condo for those new to the Brickell area and want to buy something affordable and not give money away to a landlord every month.

With the average price of a two bedroom in Brickell exceeding 300k, the $188,900 price tag is attractive.

To schedule a showing of this property or others in the area call me now at 305.209-2929.

I am a Miami real estate specialist, covering Brickell, Coconut Grove, Coral Gables, the Miami Beaches, Key Biscayne, Miami Shores, South Miami, Downtown, Midtown, Edgewater, Wynwood and Dadeland.  If you would like to schedule a no obligation buyer or seller consultation, please call 305.209.2929. 

 

 

HOW TO BUY A CONDO IN MIAMI / BRICKELL AREA

Purchasing a condo in Miami, whether it be Brickell, Miami Beach or other surrounding areas, can be a daunting task.  Where does one even begin to weed out the 1000s of condo buildings throughout South Florida?

ICON BRICKELL SPAThe first question I ask my clients is (1) Why are you buying the condo?

Typically the answer is either for investment purposes or primary residence.

However, some clients who make the purchase for investment purposes also wish to use the condo for their own personal enjoyment in between rentals.

Here lies a major issue, because some Brickell condo associations require tenants to sign yearly leases and some condo boards go a step further and only allow one lease per year.

So if you like to visit Miami more than once a year and wish to stay in your condo OR you want to avoid the risk of losing a tenant during an eviction process and not being able to rent to a new person, then only certain condo buildings will work.

This issue plus many others including, securing financing for your Brickell condo, financial well-being of the condo association, rental / lease rates of Brickell condo buildings, demand, buzz factor Brickell new construction, and many others need to be addressed when searching for the perfect Brickell Condo.

Call me today to discuss various options in Brickell and neighboring areas 305.209.2929

I am a Miami real estate specialist, covering Brickell, Coconut Grove, Coral Gables, the Miami Beaches, Key Biscayne, Miami Shores, South Miami, Downtown, Midtown, Edgewater, Wynwood and Dadeland.  If you would like to schedule a no obligation buyer or seller consultation, please call 305.209.2929. 

BRICKELL CONDOS WITH AMAZING VIEWS

Four Seasons Residences at Brickell Condo PenthouseWhen selecting a condo to buy in Brickell, a buyer considers several things during the decision making process, including: Price, Size, Location, Condition, Amenities, Fiscal Soundness of the Building and VIEW.

Selecting a Brickell condo with a good view is probably the most important element to consider when buying a condo, second only to the “fiscal soundness” of the condo association’s financials.

Why is a view so important? A Brickell condo with a better view will get you more money when its time to sell or rent the Brickell Condo, the condo will sell and rent faster, and you get to enjoy the view throughout your ownership.  Don’t judge a book by its cover doesn’t apply here, because you can always change the interior of the unit.

Not all views are reserved for penthouses.  Lower floor units can still have amazing views, whether on a low floor or high floor, because it’s very situational.  For example, 500 Brickell has a few lines that have unobstructed water views.  Just a few weeks ago, Brickell’s St. Jude Church was designated historic by the Miami City Commissioners.  Therefore, those 500 Brickell units facing the water that are just a few stories above the ground will have protected views for many years to come.

When choosing with a good view, consider the direction of the unit.  Is it facing east or Santa Maria Brickell Miami Condo For Sale Penthousewest?  In Brickell, an east view may be more desirable because you will likely have a water view.  However, if the condo building is to the west of Brickell avenue, a west view may be preferred to capture the evening sunsets after a day of work.  If you are looking in South Brickell, you can get the best of both worlds in some units, since the condo projects to the west are typically two and three stories followed by a single family homes.  This picture is from a unit in the highly sought after Santa Maria.

If a penthouse is out of the budget, then a corner unit facing southwest may be the best option without breaking the bank.  It has the best of both worlds – water to the south overlooking Coral Gables and Coconut Grove and sunsets to the west.  Infinity at Brickell, Vue at Brickell, 1060 Brickell, Latitude on River, just to name a view, are viable options.

Warning! Not all views are the same.  Watch out for the unknowns of the vacant lots adjacent to the Brickell condo building.  The last thing you want to do is purchase a condo next to a construction project that will completely obstruct your view in one to two years down the road.

Call me today to discuss various options in Brickell and neighboring areas 305.209.2929

I am a Miami real estate specialist, covering Brickell, Coconut Grove, Coral Gables, the Miami Beaches, Key Biscayne, Miami Shores, South Miami, Downtown, Midtown, Edgewater, Wynwood and Dadeland.  If you would like to schedule a no obligation buyer or seller consultation, please call 305.209.2929.