JADE Condos Sunny Isles Trophy Penthouse Sky Lofts

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JADE Beach & JADE Ocean have a few select trophy Penthouse condos remaining. These magificant sky lofts are comprised of 2 story with larger than average terrace space. There are only 2 (mirrored) units of each line such as 2 C2′s (44th Floor), 2 D2′s (44th Floor), E2′s (44th Floor), G’s, H’s (46th Floor) & I’s (48th Floor) for a total of 12 premier ”sky lofts.” The sale prices have ranged from $2.3M to $7.6M and the average price per square foot is over $900psf with a record high over $1,139psf. Today there’s a Jade Beach Penthouse priced at $4.499M (5br/6.5bath) while Jade Ocean has a Penthouse (C2) priced at $2.7M (3/3) plus a few developer units worth the attention.

Are they worth it? You be the judge but they are extraordinary & rare.. Here’s the smallest Jade Ocean Penthouse C2 with the last photo from a D2 JADE Ocean Penthouse which boasts a flow through floor plan offering the best of both East & West views.

Jade Ocean Penthouse Glass

Jade Ocean Penthouse Sky Loft

Jade Ocean Sky Loft Penthouse KitchenJade Ocean Penthouse West Views D2

JADE Ocean Penthouse | JADE Beach Penthouse

Categories: JADE Ocean, JADE Ocean Penthouse

JADE Beach & JADE Ocean Condo Sales, Stats & Inventory for February 2010

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 After Sunny Isles Beach inventory increased 1% last month, I have also noticed the values increasing from May 2009 lows.. May selling price per square foot reflected $220 psf with 1,425 condos on the market while today, we see the average selling price per square foot reflecting $258 psf for a 15% increase and inventory now at 1,069 or down 25%. Therefore, I continue the new year with a bullish perspective that now is the time. I strongly believe 2010 IS the right time to buy at the bottom for the Miami Dade County oceanfront communities. Sunny Isles Beach condo inventory did increase 1% in the last month and decreased 27% year to date while sale to list price ratios are up to to 95% for the month of January. I’ll explore the fine analytics below and plan to continue educating everyone interested in these uber-modern condo towers known as JADE Beach & JADE Ocean.

 In the month of January, I released the newest addition to the Sunny Isles Beach condo collection with TurnberryOceanColonySunnyIsles.com website to replicate the fun & success I’ve had with this JADE Condo authority site. Price points at TOC have dropped approximately 20% in 2009 alone and sold as low as $1M last year while prices today begin at $1.5M and looking to be doing a fast turn around with numerous recent sales! Now new updates, videos & statistics geared towards the traditional-styled towers of Turnberry Ocean Colony which many customers prefer. Additionally this month, the original MiamiDreamRealty.com is getting an outrageous face lift showcasing the entire luxury MLS listing (coming in the next few days).. On to the details..

JADE Beach Condo Inventory, Sales & Rentals

(http://17001CollinsAvenue.comJADE Beach developer condos have basically sold out after a year of occupancy with few developer units hitting the MLS at clearance pricing. We now have 41 (16%JADE Beach resales ranging in values from $549,000 (Low Floor B1 Model) to an impressive JADE Beach penthouse listing reduced to $4.499M (2 Story Jade Beach Trophy Penthouse). JADE Beach condo sales have been reported on the MLS with values from $468k (B1 Model at $468 psf) to $1.385M (E Model at $431 per square foot)! This seems to be the established pricing trend in the high-$400′s for Jade Beach. The average JADE Beach list price per square foot is reflecting $638psf with the average selling price per square foot reflecting $442 at 99 days on market plus a 90% sale to list price ratio. Jade Beach rentals have been in demand as potential buyers test the tower & lifestyle today reflecting 31 Jade Beach condos ranging in rented values from $2,000 (B1 deals) to $7,000 (#1708); 2 Jade Beach rentals are currently under contract with prices ranging from $5,300 (#3402) to $14,000 (#3608); 14 rentals remain active available ranging in asking prices from $2,700 (06 line as B1 model) to $9,900 (#4001).

JADE Ocean Condo Inventory, Sales & Rentals

(http://17121CollinsAvenue.comJADE Ocean is now getting exciting with price points by the developer hovering in the $600′s psf which I believe to be market values given the luxury product with new County records reflecting 80 recorded deeds (Up 9% since last month) or 32% sold. Note there are more sales than this as the County takes awhile to record. Jade Beach took 1 year to accomplish what it has today and we’re now on month 7 of JADE Ocean acquiring its Certificate of Occupancy. There are 5 Jade Ocean condo resales today with the high price on a spectacular 2 story Jade Penthouse listed November 20th at $2.7M with just under 3,200 Interior square feet, 3 bedrooms and 3.5 baths.. there are only 2 (C-2’s) in the building and no other penthouses comparable in Sunny Isles Beach. With an average asking price per square foot of ~$747 ($762 last month) reflective for JADE Ocean, we will soon see sales. This is the critical curve separating value differences between each tower that will be dissected this year showing us what is truly market value while sales statistics show us the monthly facts. JADE Ocean was sold out on a significantly higher price point offering clear advantages in lifestyle. It seems as though Fortune, the FDIC-Starwood amended their prices adjusted to market values relaying prices at approximately $600psf and going up soon as sales continue. One thing is for sure, the developer is 100% confident in their product standing firm on negotiations. There are 9 JADE Ocean rentals listed (via MLS) and the prices are ranging from $3,000 (high floor B1 model) to $8,000 for a 4 bedroom (E model). The first MLS rental has rented at $4,000 (B2 Model) to be a strong starting figure for a superior building. A B1 Model was reported to have rented on a 2 year lease term for $2,800. I believe JADE Ocean will have a very strong 2010 and you will soon see here too. 

 Sunny Isles Beach Luxury Condo Sales & Statistics

 Sunny Isles Beach condo inventory is significantly trending downward with 1,069 condos for sale and 38 closing in the last 30 days (28.1 month supply). So far in 2010, 49 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $238. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue (over $500k), we see 413 condos for sale with 14 closed sales so far this year averaging a selling price per square foot of $425 psf and selling at 92% of list price. Last year 161 oceanfront condos over $500k sold via MLS with an average selling price per square foot of $420. If we take only the top 10% of 2009 condo sales we find an average sales price per square foot of $626 and an average asking price per square foot of $735 reflecting an average 14% discount for new buyers in this market. Interesting note that 12 of the highest sales were at Turnberry Ocean Colony!

  Looking at the 39 closed oceanfront sales from the last 90 days, we see the sale to list price ratio reflecting a 9% discount and selling within 177 days. Irrelevant statistics to some but I find it interesting… The top Sunny Isles Beach condo sales of the last 90 days were at Acqualina with #PH4501 selling at $4.7M ($740 SP/SF), #3003 selling at $702psf and Turnberry Ocean Colony South Tower #1203 selling at $2.150M ($606 SP/SF) plus 3 other luxury sales at $694, $667 & $535 per square foot respectively. The only luxury condo sale of the last 90 days at JADE Beach selling at $1.370M ($427 SP/SF). What else would you like to see reported here on the JADE Blog? Leave a comment and let me know what’s on you mind pertaining to Jade Condos Sunny Isles. **All data compiled from the SEF MLXChange.


The truth is in the numbers 1.888.383.7326 or direct 786.273.7326.

JADE Ocean Condos for SaleJADE Beach Condos for Sale & Rent

Jade Condos Sunny Isles Beach

Categories: JADE Beach, JADE Beach Penthouse, JADE Ocean, Recent Sales, STATS

JADE Beach & JADE Ocean Condo Sales, Stats & Inventory for January 2010

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 Happy New Year friends! As the local consumer confidence gains momentum and great properties take less time to sell with multiple cash offers in place, my philosophy has become far more bullish. I strongly believe 2010 IS the right time to buy at the bottom for the Miami Dade County oceanfront communities. Sunny Isles Beach condo inventory declined 6% in the last month and 22% year to date while sale to list price ratios increased from 88% to 93%. I’ll explore the fine analytics below and hope to continue educating everyone interested in these amazing uber-modern condo towers known as JADE Beach & JADE Ocean. For February, I’ll be releasing a fresh new website to replicate the success of this Jade Condos authority site but geared towards the traditional-styled towers known as TurnberryOceanColonySunnyIsles.com (stay tuned!) where price points begin at $1M and prices have dropped approximately 20% in 2009 alone.

JADE Beach Condo Inventory, Sales & Rentals

(http://17001CollinsAvenue.comJADE Beach developer condos have basically sold out after a year of occupancy with the few developer units remaining hitting the MLS last month at clearance pricing. There are now 35 (14%) JADE Beach resales ranging in values from $549,000 (Low Floor B1 Model) to an impressive JADE Beach penthouse listing reduced to $4.499M (2 Story Jade Beach Trophy Penthouse). JADE Beach condo sales have been reported on the MLS with values from $468k (B1 Model at $468 psf) to $1.370M (E Model at $427 per square foot)! This seems to be the established pricing trend in 2009 for Jade Beach. The average JADE Beach list price per square foot is reflecting $637psf up 1% from December averages with the average selling price per square foot reflecting $442 at 99 days on market plus a 90% sale to list price ratio. 

Jade Beach rentals have been in demand as potential buyer’s test the product reflecting 29 Jade Beach condos ranging in rented values from $2,000 (B1 deal) to $7,000 (#1708) most likely to have been a seasonal rate. 4 Jade Beach rentals are currently under contract with asking prices ranging from $2,500 (#1606) to $14,000 (#3608) while 17 rentals remain active ranging in asking prices from $3,200 (02 line as B2 model) to $9,900 (#4001).

JADE Ocean Condo Inventory, Sales & Rentals

(http://17121CollinsAvenue.comJADE Ocean is still early into the corrections all new condo towers must undergo with County records reflecting 73 (UP 15% since last month) recorded deeds or 29% sold. Jade Beach took 1 year to accomplish what it has and we’re now on month 6 of JADE Ocean acquiring the TCO. Nothing much new to report since very few condos have been relisted. There are 4 Jade Ocean condo resales today with a high price on a spectacular 2 story Jade Penthouse listed November 20th at $2.7M with just under 3,200 Interior square feet, 3 bedrooms and 3.5 baths. There are only 2 (C 2’s) in the building and no other penthouses comparable in Sunny Isles Beach. With an average asking price per square foot of ~$762 reflective for JADE Ocean, I can’t see paying an extra 30% for something similar & (not including the PH units) obtainable at JADE Beach but time will soon tell us.. This is the critical curve separating value differences between each tower that will be dissected over this next year while sales statistics show us the facts. JADE Ocean was sold out on a significantly higher price point offering clear advantages and now noting a needed adjustments to what is truly market value as speculators argue these values with Fortune, the FDIC-Starwood to prices they should be closing at (lender appraisals are coming in short). One thing is for sure, the developer is 100% confident in their product and relentless on the contract values standing firm on negotiations.  

There are 7 JADE Ocean rentals listed (via MLS) and the prices are ranging from $3,400 (B1 model) to $8,000 for a 4 bedroom (E model). Nothing has rented yet but a B2 did go under lease contract with a record high asking price for a 1BR of $3,800. A B1 was reported to have rented on a 2 year lease for $2,800. Could JADE Ocean be a superior building worth paying 30% more? We’ll soon find out..

Sunny Isles Beach Luxury Condo Sales & Statistics

 Sunny Isles Beach condo inventory is trending downward consistently each month (by a significant 6% last month) with 1,065 condos for sale and 32 closing in the last 30 days (33.3 month supply). In 2009 641 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $236. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue, we see 591 condos for sale with 55 closed sales in the last 90 days. Last year 237 oceanfront condos sold via MLS with an average selling price per square foot of $383. If we take only the top 10% of 2009 condo sales we find an average sales price per square foot of $611 and an average asking price per square foot of $709 reflecting an average 14% discount for new buyers in this market. Looking at the 55 closed oceanfront sales from the last 90 days, we see statistics changing (market improvement?!) relaying a 91% sale to list price ratio or 9% discount and selling within 177 days. Irrelevant statistics to some but I find it interesting… 

The top Sunny Isles Beach condo sales of the last 90 days were at Acqualina with #3003 selling at $3.1M ($702 SP/SF), and Turnberry Ocean Colony N #2604 selling at $2.1M ($562 SP/SF) plus 3 other sales at $536, $667 & $541 per square foot respectively.  The final luxury condo sale of the last 90 days was at JADE Beach selling at $1.370M ($427 SP/SF).

What else would you like to see reported here on the JADE Blog? Leave a comment and let me know what’s on you mind pertaining to Jade Condos Sunny Isles. ** All data compiled from the SEF MLXChange.

The truth is in the numbers 1.888.383.7326 or direct 786.273.7326.

JADE Ocean Condos for Sale | JADE Beach Condos for Sale & Rent

Categories: JADE Beach, JADE Beach Penthouse, JADE Ocean, Recent Sales, STATS

JADE Beach & JADE Ocean Condo Sales, Stats & Inventory for December 2009

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As the economy begins showing signs of improvement and consumer confidence is on the rise, Jade Beach and Jade Ocean condos are being previewed heavily, sales are occurring and other cautious consumers want to know where the bottom of this market stands and is NOW the right time to buy? Well besides year end tax incentives and only 2 weeks left in 09, 2010 IS a great time to buy. Sunny Isles Beach condo inventory declined 3% in the last month and 14%year to date. I’ll explore the fine analytics further below and hope to continue educating everyone interested in these amazing uber-modern condo towers known as JADE Beach & JADE Ocean.

JADE Beach Condo Inventory, Sales & Rentals

(http://17001CollinsAvenue.com) JADE Beach developer condos have almost sold out after 1 year of occupancy with the 9 remaining hitting the MLS this month at clearance pricing. There are now 41 (16%) JADE Beach resales ranging in values from $539,000 (Low Floor B1 Model) to an impressive JADE Beach penthouse listing at $4.8M (2 Story Jade Beach Trophy Penthouse). 4 JADE Beach condo sales have been reported on the MLS with values from $468k (B1 Model) to $1.385M (E Model) or about $478 per square foot! This seems to be the established pricing trend for Jade Beach. The average JADE Beach list price per square foot is reflecting $631 PSF down 8% from March’s hopeful highs with the average selling price per square foot reflecting $442 at 99 days on market plus a 90% sale to list price ratio.

Jade Beach Rentals have been in demand especially with season among us reflecting 27 recent Jade Beach condos ranging in rented values from $2,000 (B1 deal) to $5,500 (#3107) which was a great deal for the tenants (see JADE Beach 3107 here). 3 Jade Beach rentals are currently under contract with asking prices ranging from $2,500 (#1606) to $5,300 (#3402) while 22 rentals remain active ranging in asking prices from $3,200 (07 line as B2 models) to $9,900 (#4001). It would have benefited some seller’s to lease their Jade condo residences over the season as demand appeared to be greater than last year for the oceanfront coastline of Sunny Isles Beach.

JADE Ocean Condo Inventory, Sales & Rentals

(http://17121CollinsAvenue.com) JADE Ocean is still early into the corrections all new condo towers must undergo with County records reflecting 62 (UP 23% since last month) recorded deeds or 25% sold. Jade Beach took 1 year to accomplish what it has and were now on month 5 of JADE Ocean acquiring the TCO. Nothing much new to report since few condos have been relisted. There are 4 Jade Ocean condo resales today with a high price on a stellar 2 story Jade Penthouse listed last month at $2.7M with just under 3,200 Interior square feet, 3 bedrooms and 3.5 baths. There are only 2 (C 2′s) in the building and no others comparable in Sunny Isles Beach. I expect it to sell close to asking price in the next 6 months. With an average asking price per square foot of ~$762 for the building, I can’t see paying an extra Million for something similar & obtainable at JADE Beach but time will soon tell us.. This is the critical curve separating value differences between each tower that will be dissected over the next year while sales statistics show us the facts. 

JADE Ocean was sold out on a higher price point offering clear advantages and now noting a needed adjustments to what IS market value as speculators argue these values with Fortune, the FDIC-Starwood to prices they should be closing at (lender appraisals are coming in short). One thing is for sure, the developer is 110% confident in their product and relentless on the contract values standing firm on negotiations. 

There are 8 JADE Ocean rentals listed (via MLS) and the prices are ranging from $3,400 (B1 model) to $8,000 for a 4 bedroom (E model). Nothing has rented yet but I’m certain there will soon be rentals pending & deals happening as the demand is high. A B1 was reported to have rented on a 2 year lease for $2,800. Could JADE Ocean be a superior building worth paying 30% more? We’ll soon find out.. Sunny Isles Beach condo inventory is trending downward consistently each month by 2 to 4%with 1,123 condos for sale and 41 closing in the last 30 days (27.3 month supply).

Sunny Isles Beach Luxury Condo Sales & Statistics

This year 594 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $233. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue, we see  627 condos for sale with 58 closed sales in the last 90 days. This year 219 oceanfront condos have sold via MLS with an average selling price per square foot of $377. If we take only the top 10% of 2009 condo sales we find an average sales price per square foot of $601 and an average asking price per square foot of $695 reflecting an average 12% discount for new buyers in this market. Looking at the 58 closed sales from the last 90 days, we see statistics changing (market improvement?!) relaying a 91% sale to list price ratio or 9% dicount. Irrelevant statistics to some but I find it interesting…

The top Sunny Isles Beach condo sales of November and the first half of December were at Acqualina with #3003 selling at $3.1M ($702 SPSF), and #1405 at $1.2M ($542 SPSF).  The final luxury condo sales were at Ocean Four & Ocean Two selling at $1.130M ($374 SPSF) & $850k ($395 SPSF) respectively.

Have a Happy Holiday Season and the final business goal of 2010 is to complete the new http://TurnberryOceanColonySunnyIsles.com website mirroring the value added services & reporting you find here at http://JadeCondosSunnyIsles.com coming soonWhat else would you like to see reported here on the JADE Blog? Leave a comment and let me know what’s on you mind pertaining to Jade Condos Sunny Isles.

The truth is in the numbers 1.888.383.7326 or direct 786.273.7326.

JADE Ocean Condos for Sale | JADE Beach Condos for Sale & Rent

Jade Condos Oceanside

Jade Condos Oceanside

Categories: JADE Beach, JADE Beach Penthouse, JADE Ocean, JADE Ocean Penthouse, Recent Sales, STATS

JADE Beach & JADE Ocean Condo Sales, Stats & Inventory for November 2009

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Jade Condos Sunny Isles What’s happening with Jade Beach & Jade Ocean during November and what does this new season hold in store..? How’s the overall Sunny Isles Beach real estate market doing and what’s available for sale & rent today at JADE? There is a huge demand for seasonal rentals as the economy begins signs of improvement and consumer confidence is on the rise. Jade Beach and Jade Ocean are being previewed heavily, sales ARE occurring and other cautious consumers want to know where the bottom of this market stands and is NOW the right time to buy.

JADE Beach Condo Sales & Rentals

JADE Beach developer condos have almost sold out after 1 year of occupancy. There are 30 (12%) JADE Beach resales ranging in values from $539,000 (Low Floor B1 Model) to a stellar JADE Beach penthouse listing at $4.8M (2 Story Jade Beach Trophy Penthouse). 4 JADE Beach condo sales have been reported on the MLS with values from $468k (B1 Model) to $1.385M (E Model) or about $478 per square foot! A new pricing trend and precedence has been established. The average JADE Beach list price per square foot is reflecting $634 PSF down 7% from March’s hopeful highs with the average selling price per square foot reflecting $442 at 99 days on market and 90% sale to list price ratios. 

Jade Beach Rentals are in demand especially with season among us reflecting 21 recent Jade Beach condos ranging in rented values from $2,000 (B1 deal) to $5,000 (#3105, #3605 & #905). Over 4 Jade Beach rentals are currently under contract with asking prices ranging from $2,500 (#1606) to $14,000 (#3608) while 25 rentals remain active ranging in asking prices from $2,500 (06 line as B1 models) to $9,900 (#4001). We should see A LOT more rentals turn over within the next few months.

JADE Ocean Condo Sales & Rentals

JADE Ocean is still early on into the closings (48recorded deeds) to report since few condos have been relisted and too few listing agents seem to know how to implement the correct building address (17121 Collins Avenue) and or photos of which building is which. In doing a cross check using the development search of “Jade Ocean” there are still only 5 condos for sale with a high price on a high E line unit but they’ve now removed the Steven G interior design promotion possibly moving to an inferior designer. With an asking price (we’re all watching closely) at $2.475M reduced $520,000 from the original $2.995M (~$770 PSF), I can’t see paying an extra Million for something similar obtainable at Jade Beach but time will tell. This is the critical curve that will be dissected over the next year as Jade Ocean was sold out on a higher price point and now noting drastic adjustments to what IS market value as speculators argue market values with Fortune & the FDIC to prices they should be closing at. One thing is for sure, the seller is 110% confident in their product and relentless on the values standing firm on negotiations. 

There are now 5 Jade Ocean rentals listed (via MLS) and the prices are ranging from $3,400 (B1 model) to $8,000 for a high floor 4 bedroom (E model). Nothing has rented yet but I am certain there are pending deals happening this month as the demand is high. A B1 was reported to have rented on a 2 year lease for $2,800. Could it be a superior building worth paying 30% more? We’ll soon find out.. Sunny Isles Beach condo inventory is trending downward consistently each month by 2 to 4% with 1,152 condos for sale and 37 closing in the last 30 days (31 month supply). 

Sunny Isles Beach Luxury Condo Sales Statistics

This year 526 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $230. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue, we see  654 condos for sale with 17 closing in the last 30 days. This year 197 oceanfront condos have sold via MLS. If we take only the top 10% of 2009 sales we find an average sales price per square foot of $618 and an average asking price per square foot of $719. Irrelevant statistics to some but I find it interesting…

The top Sunny Isles Beach condo sales of October and the first of November were at Acqualina with PH4506 selling at $4.999M ($778 PSF), Trump Palace #1009 selling at $2.875M ($710 PSF) and lastly Turnberry Ocean Colony which sold bargain priced inventory like #3004 at $2M ($536PSF)!  The final luxury condo sale was at Jade Beach climbing the charts on the $1.385M ($431 PSF) & $1.370M ($493PSF) sale!

The truth is in the numbers 1.888.383.7326 or direct 786.273.7326.

JADE Ocean Condos for Sale | JADE Beach Condos for Sale & Rent

Jade Condos Sunny Isles Beach

Categories: JADE Beach, JADE Ocean, Recent Sales, STATS

JADE Beach & JADE Ocean Condo Sales, Stats & Inventory for October 2009

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What’s new & happening in this month of October? Where are sales today at JADE Beach & JADE Ocean? What’s up with the FDIC, Starwood and Jade Ocean uncertainties? Who’s buying today and are there any JADE Penthouses left? How’s the overall Sunny Isles Beach real estate market? We’ll be exploring these questions and the monthly statistics for Jade Condos Sunny Isles.

JADE Beach & JADE Ocean Condo Sales, STATS & Trends

Well, it’s official in Starwood Capital Group acquiring Corus bank assets in which Starwood has a 40% stake created by the FDIC to hold the assets of failed Corus bank, including thousands of South Florida condos. The FDIC is keeping the other 60% stake in the non performing construction loans and real estate assets that have unpaid principal balances of about $4.5 billion. Only 1 South Florida project was in good standing with Corus bank and I would guess it to be Jade Ocean.

The South Florida projects with loans in the hands of the FDIC now include Jade Ocean Condominiums in Sunny Isles Beach, Paramount Bay in Miami, Trump International Hotel & Tower in Fort Lauderdale and the Edge Condominium in West Palm Beach. - SF Business Journal

FDIC is holding the strongest hand! JADE Ocean condos are of very little concern in this matter and a small piece in this real estate asset pie as the development is 99.9% completed, TCO in place and speculators are lined up closing weekly along with new buyers coming through each day showing serious interest. I do know of one friend who was scheduled to close and the FDIC stalled it asking to review the file and final negotiations although as per the representative at JADE Condos, closings are being scheduled each week and all but a few trophy Jade Ocean Penthouse condos remain from $4 to $7M.

JADE Beach Condo Sales & Rentals

Jade Beach developer condos have almost sold out after 1 year of occupancy. There are 35 (14%) JADE Beach resales ranging in values from $539,000 (Low Floor B Model) to a new penthouse listing at $4.8M (2 Story Jade Beach Trophy Penthouse). 3 JADE Beach condo sales have been reported on the MLS with values from $468k (B1 Model) to $1.385M (E Model) or about $478 per square foot! A new pricing trend and precedence has been established. The average JADE Beach list price per square foot is reflecting $636 PSF down 8% from March’s hopeful highs.

Jade Beach Rentals are picking up especially with season among us reflecting 14 recent Jade Beach condos ranging in rented values from $2,000 (#1603 & #1107, B1 deal) to $5,000 (#3105 & #905). 4 Jade Beach rentals are currently under contract with asking prices ranging from $2,600 (#1106) to $5,800 (#4104) while 29 rentals remain active ranging in asking prices from $2,500 (06 line as B1 models) to $10,000 (#3608). We should see more rentals turn over within the next few months.

JADE Ocean Condo Sales & Rentals

JADE Ocean is almost too early to report on since few condos have been relisted and too few listing agents seem to know how to implement the correct building address (17121 Collins Ave.) and or photos of which building is which. In doing a cross check using the development search of “Jade Ocean” there appear to be 5 condos for sale with a high price on a high E line unit finished out to perfection. With an asking price we’re watching closely at $2.475M reduced $520,000 from last months $2.995M (~$771 PSF), I can’t see paying an extra Million for something obtainable at Jade Beach. This is the critical curve that will be dissected over the next year as Jade Ocean was sold out on the higher price point and noting drastic adjustments to what IS market value.

There are 2 Jade Ocean rentals listed (via MLS) correctly and the prices are ranging from $3,400 (B1 model) to $5,000 for a high floor 2 bedroom (1600SF) with Den.

Sunny Isles Beach Luxury Condo Sales Statistics

Sunny Isles Beach condo inventory is trending downward consistently each month by 3 to 4% with 1,170 condos for sale and 47 closing in the last 30 days (24.8 month supply). This year 480 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $231. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue, we see  842 condos for sale with 28 closing in the last 30 days. This year 179 oceanfront condos have sold via MLS. If we take only the top 10% of 2009 sales we find an average sales price per square foot of $618 and an average asking price per square foot of $725. Irrelevant statistics to some but I find it interesting…

The top Sunny Isles Beach condo sales of September and the first half of October were at Acqualina with PH4506 selling at $4.999M ($778 PSF), Trump Palace #1009 selling at $2.875M ($710 PSF) and lastly Turnberry Ocean Colony which sold ALOT of bargain priced inventory (16 condos have sold at Turnberry Ocean Colony in the last 30 days)!  The final luxury condo sale was at Jade Beach climbing the charts on the $1.385M ($431 PSF) & $1.2M ($493PSF) sale!

The truth is in the numbers 1.888.383.7326 or direct 786.273.7326.

JADE Ocean Condos for Sale | JADE Beach Condos for Sale & Rent

Jade Ocean Model

Categories: JADE Beach, JADE Ocean, JADE Ocean Penthouse, Recent Sales, STATS

JADE Ocean Penthouse Deals to Purchase in 2009

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 There is a Jade Ocean Penthouse residence

that in my opinion, is an outstanding property deal for resale, leasing ($15-$20k potential income) or simple enjoyment. JADE Beach has 1 beautiful PH left (as MLS resale) priced at $4.8M, however this 2 story JADE Ocean Penthouse is superior in price. Another of the largest Jade Ocean Penthouses just went under contract with an asking price of $13M noted as the I Model which is the largest Penthouse offered. Call me for further details and more information coming in October… 1.888.383.7326!

Jade Ocean PH

Categories: JADE Beach Penthouse, JADE Ocean Penthouse

JADE Beach Condo Sales, Stats & Inventory for September 2009

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Jade Beach | Jade Ocean

Jade Beach | Jade Ocean

Jade Beach & Jade Ocean Condos Sales, STATS & Trends

So what’s new & happening in September? Where are the values at today and where are the values headed? I’ll be going over recent sales statistics and trends to try and uncover true values at Jade Beach & Jade Ocean Sunny Isles.

JADE Beach Condos Sales & Rentals

There are 34 (14%) JADE Beach resales ranging in values from $520,000 (Low Floor B Model) to a new penthouse listing at $4.8M (2 Story Jade Beach Trophy Penthouse). 1 Closed Sale is reflective on the MLS (Multiple Listing Service Database) now and it’s unit #4008 (E Model) which sold at $1.385M or about $478 per square foot! Another E unit just sold this month at $1.4M so a new trend and precedence are being established. The average JADE Beach list price per square foot is reflecting $638 PSF down 7% from March highs.

The Jade rentals have been moving along aggressively with 9 recent Jade Beach condos ranging in rented values from $2,000 (#1603 B1 deal) to $4,000 (#2302). 5 Jade Beach rentals are currently under contract with asking prices ranging from $2,250 (#1107) to $5,800 (#4104) while 36 rentals remain active ranging in asking prices from $2,550 (#803) to $10,000 (#3608).

JADE Ocean Condos Sales & Rentals

There is an initial discrepancy via the MLS with JADE Ocean as the correct address at 17121 Collins Avenuereflect only 1 property for sale listed as unit #2206 with an asking price of $675,000. In doing a cross check using the development search of “Jade Ocean” there appears to be 5 condos for sale with a high price on a high E line unit finished out to perfection by Steven G Interiors and an asking price we’re watching closely at $2.995M (~$936 PSF). The average JADE Ocean list price per square foot is reflecting $841. No JADE Ocean rentals are active yet. There are only 3 JADE Ocean Penthousemodels left which range in values from $3.5M (3,667 Total SF) to $9M (5,000+ SF). The $13M trophy Penthouse is now under contract through the developer and we may have the price reflected here soon. I believe it was 8,000 or so interior square feet and was outrageously magnificent inside!

Sunny Isles Beach Luxury Condo Sales Statistics

Sunny Isles Beach condo inventory is trending downward each month by 4% with 1,203 condos for sale and 42 closing in the last 30 days (28.6 month supply). This year 415 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $217. In comparing with luxury oceanfront condos specifically on Collins Avenue, we see  688 condos for sale with 17 closing in the last 30 days. This year 148 oceanfront condos have sold via MLS. If we take only the top 10% of 2009 sales we find an average sales price per square foot of $640 and an average asking price per square foot of $757.  Irrelevant statistics to some but I find it interesting. The top Sunny Isles Beach condo sales of August were at Acqualina with PH4506 selling at $4.999M ($778 PSF), Turnberry Ocean Colony South which sold a beautiful (04 line) residence at only $509 PSF plus set a new record low in the T.O.C. North Tower (02 line) at only $434 PSF (#2902 MINT Condition Interior, Furnished) selling at $970,000! The final luxury condo sale was at Trump Palace which sold #3604 (flow through) at $500 PSF or $1.084M.

The truth is in the numbers 1.888.383.7326 or direct 786.273.7326.

JADE Ocean Condos for sale | JADE Beach Condos for sale & rent

Categories: JADE Beach, JADE Ocean, Recent Sales, STATS

JADE Ocean Photographs Released

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Hi friends.. JADE Ocean just released the latest sneak peek photographs for your review. I’m still aiming to get in for my own photography tour to share with you but they are not yet permitting me! Activity has been STRONG.

JADE Ocean East Entry Driveway

Jade Ocean Driveway

JADE Ocean Lobby finished in Fendi

Jade Ocean Lobby

JADE Ocean Spa Services

Jade Ocean Spa

JADE Ocean Theater Room

Jade Ocean Theater Room

JADE Ocean Children’s Room

Jade Ocean Children Room

JADE Ocean Restaurant Catering Room

Jade Ocean Catering Room

JADE Ocean Tea & Coffee Room

Jade Ocean Tea Room

JADE Ocean Yoga Studio

Jade Ocean Yoga Studio

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Categories: Design Features, JADE Ocean

JADE Beach Condo Sales, Stats & Inventory for July 2009

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Jade Beach Swimming Pool  What’s new in July at JADE Beach & JADE Ocean Sunny Isles.. It’s mid month and I’ve delayed reporting on the stats & closings as things are finally moving including resales, developer defaults and inside trading. I just sold a JADE Beach B2 Model at a phenomenal price from where they once were and where other owners are still hopeful as this sale will be a developer default (MLS resale prices start at $899k) closing at months end. They are now over 85%+ sold at Jade Beach so there are a few remaining 2+ bedroom units at discounted pricing.

JADE Ocean did get the TCO

and closing have started on lower floors upwards with 30 closings and very few Jade Ocean Condo resales so farfor sale on the MLS. The building reminded me at first of Icon South Beach with Alice in Wonderland meets Jetsons styled designs. The front entryway on the ocean side was unique and the pool is arguably the best along the Miami Dade Beaches. Jade Ocean also has a larger gym than Jade Beach with twice as much space while Jade Beach still boasts a better lobby with the flow through design opening to wide ocean views.

Still impossible to enter Jade Ocean with a camera, the concierge team is definitely on the ball and there to cater to any request.

Jade Beach July Condo Stats

show 30 rentals with rental values ranging from $2,600 to $9,500 while 3 condos are Pending Rental and 4 actually rented over the last 6 weeks with Rented values ranging $2,700 (B1 model) to $3,850 (A model). There are 32 Jade Beach condos (13% Inventory is considered as healthy) for sale with 1 MLS resale under contract as a B1 in which “I’ve heard” is selling for just under $500k. MLS resale values range in asking prices from $520,000 (B1 Model) to $2.995M (E Model). The majority of buyers seem to find the very best deals through the developer as default units. Statistics reflect the average asking price per square foot at $667 for a 1% Increase over last month. We will soon have additional sold stats reflecting here as “life” is happening and the JADE Beach building is now home to happy condo owners. Both JADE Beach & JADE Ocean buildings ARE FNMA approved and considered healthy by lenders.

Jade Beach Front Entrance

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Categories: Design Features, JADE Beach, JADE Ocean, Recent Sales, STATS