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JADE Condos Sunny Isles Beach | Recent Sales, Stats, and Trends AUG 2018

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JADE Condos Sunny Isles Beach | Recent Sales, Stats, and Trends AUG 2018

Sunny Isles Beach Sales & Statistics

Sunny Isles Beach condo inventory today reflects 1,588 ⬆ total condos for sale and 152 closed sales in the last 90 days with a median sale price value of $325 per square foot. Overall, condo prices have declined in our local market as we find in the most recent Sunny Isles Condo IndexOceanfront residential market values noticed considerable price gains over the eight years spanning from 2009 to 2016. Now in 2018, we find ample supply with limited demand in this strong buyer’s market.

Not just new development but also Sunny Isles Beach condo inventory has been on the rise, especially within the ultra high-end segment. In addition to the residential condo market shifting since 2016 in favor of buyers, we’ve also noted the gorgeous new construction on the South side with JADE Signature development and on the North side with MUSE. New construction has taken over Collins Avenue with oceanfront resale values beginning at $760 and as high as $4,155 per square foot.

Last year, 221 Sunny Isles oceanfront condos sold (over $500,000) with an average sale price per square foot of $658 and at 91% of list price. As of AUG 2018, there have been 154 Sunny Isles Beach condos sold (over $500,000) with an average sale price per square foot at $608 SP$/PSF or an ~8% depreciation. Of those 154 sales, it has taken the average seller 190 days to sell. In a similar comparison of luxury oceanfront condos on Collins Avenue and priced over $1M, we see 595 condos for sale today averaging $1,039 per square foot with an average list price of $3.251M. Values will climb again with time, but for now, the market is in strong favor of the buyer.

Reviewing The Top 10 luxury condos sold within the last 90 days, we find an average Sold price per square foot of $887 and an average asking price per square foot of $1,001 PSF.

‘The Top 10’ Sunny Isles Beach Luxury Condo Sales

JADE Beach Condo Inventory, Sales & Rentals

Jade Beach EntryJADE Beach (17001 Collins Avenue) has an ongoing construction issue as concrete restoration resumes to the East side of the building later this year with an anticipated timeline of approximately another year to complete. With this Jade Beach restoration, we’ve experienced ongoing construction debris & noise nuisances which have impacted values both for rent and resale. The major short-term concerns are the East side terraces and swimming pool being completely closed off with a blue translucent film covering the glass and limiting the ocean views. The Westside is being reopened with the small pool and west side terraces available again for use. This is putting a major damper on renting as tenants simply don’t have the mental capacity to deal with concrete restoration, limited views and the inability to use their terrace and pool. It will be interesting to see rental & resale values continuing throughout next year as awesome value has been noted for both rentals and sales. While short-term concerns have many alarmed, savvy buyers with a long-term outlook see past the noise and towards the future upside of Jade Beach and Sunny Isles Beach.

Jade Beach today has 40 resales (16% inventory) available today ranging from $849,000 (B1 Model) to $8.199M for a ‘Sky Villa’ (Two D2 models combined). The most beautiful 3-Story ‘Sky Loft Penthouses’ both sold in 2015. Jade Beach condos offer the most desirable Collins Avenue location plus excellent value when seeking the oceanfront lifestyle experienced only in Miami.

Jade Beach Condos for Sale | Condos for Rent

  • The average JADE Beach list price per square foot reflects $1,007.
  • There are 40 resales from $849,000 (B1 Model) to $8.199M (Combined D2 Models).
  • JADE Beach condos sold in 2018 reflect 6 sales at a median Sale Price value of $792 PSF and 178 days on market.
  • The median selling price per square foot in 2017 (7 total sales) was $877 at 243 days on market.
  • The median selling price per square foot in 2016 (8 total sales) was $1,010 at 219 days on market.
  • The record high sale price value this year is $1,003, last year at $1,014 PSF and $1,129 PSF in 2016, $1,378 PSF in 2015, and $1,190 PSF in 2014.

As of AUG 2018, there are 25 JADE Beach condos for rent ranging in asking prices from $3,295 (B1 model) to $20,000 (E Model). This year, 19 Jade Beach condos have rented, ranging in values from $2,900 (B1 Model) to $12,000 (E Model).

JADE Ocean Condo Inventory, Sales & Rentals

Jade Ocean Sunny Isles Beach MiamiJADE Ocean (17121 Collins Avenue) stands among the elite luxury condo towers of Sunny Isles Beach. JADE Ocean has 38 (15% inventory) condo resales available today with a few extraordinary penthouses and “Sky Lofts.” Interiors on these JADE Penthouse condos range from 4 to 5 Bedrooms and from 4,300 to over 6,500 square feet. There are only 2 mirrored image ‘Sky Lofts’ (per Model) in each JADE Condo building, and only a few penthouses can compare along Sunny Isles Beach. Today’s resale prices at Jade Ocean begin with 1 bedroom condos (B1&B2 floor plans) from $800,000 to $1.350M respectively.

While some prefer JADE Beach as a place to call home, JADE Ocean condos have consistently sold (& leased) at a higher price point offering clear advantages to many.

Jade Ocean Condos for Sale | Condos for Rent

  • The average JADE Ocean list price per square foot is $1,173.
  • There are 38 resales from $800,000 (B1 Model) to $7.950M (Penthouse #4608).
  • Year to date, 4 condos sold from $1.425M to $2.9M (C & E Models) at a median Sale Price value of $945 PSF and 116 days on market
  • The median selling price per square foot in 2017 (11 total sales) was $991 PSF at 216 days on market.
  • The median selling price per square foot in 2016 was $1,087 at 137 days on market.
  • The record high sale price value is $1,167 psf in 2018, $1,169 PSF in 2017,  $1,267 PSF in 2016, $1,513 PSF in 2015, and $1,397 PSF in 2014.

There are 27 JADE Ocean rentals listed in AUG 2018 with prices ranging from $3,990 for a furnished B1 Model to $30,000 for a glamorous 2-Story furnished D2 Model. This year 13 condos have rented ranging in values from $3,300 (Unfurnished B1 model) to $9,000 (furnished D Model).

JADE Signature Condo

Jade Signature Condos Sunny Isles

JADE Signature (16901 Collins Avenue) has been completed now in early 2018 and I’m excited for this great new addition in Sunny Isles Beach. Jade Signature offers incredible floor plans and desirable open outdoor living environments. With the details, completion, and closings now behind us, there are MANY listed as resale. In all honesty, the discounts and new 2018 deals have begun to show after just a few months as speculators and their representatives begin to learn true market values from lack of results.

Just like Porsche Design Tower, Jade Signature will continue to show awesome value. Why? A healthy building is considered less than 10% – today Jade Signature has 62 units or 32% available with many owners soon becoming landlords. My information is not always easy to digest but most importantly, I am honest and given my analytical approach, accurate. I went through the bubble burst of 2006-2009 successfully assisting many pre-construction buyer/speculators to make the right move… rinse & repeat.

Jade Signature Condos are quite spacious and I am extremely bullish on the long-term success and future demand. The developer and pre-construction specialists who sold this beautiful development are celebrating. So now… its time to deliver on their promises. You may contact me here to discuss an optimal strategy whether selling or leasing but in order of a successful outcome as a new owner:

  1. Enjoy the condo, it is beautiful!
  2. Finish the interior, rent the condo, and ride out this strong buyer’s market. Your losses will likely have some tax advantages.
  3. Try to be the best-priced unit in your tier as the 2018 condo market dictates true market values – any loss will hopefully be offset by currency conversion.

“We sold $51 million worth of units in the first quarter. The building, which launched sales in 2013, is “95% or 96% sold out.” – Carlos Defortuna

Jade Signature Condos for Sale | Condos for Rent

  • Today’s new pricing has a median list price per square foot of $1,535.
  • My forecast for upcoming 2018-2019 resales is approximately $1,200.
  • There has been 1 resale noted on unit #1805 selling at $1,227 PSF at 38 days on market.

Jade Signature Rentals consist of 14 options ranging in values from $6,870 (1 BR) to $24,500 for a 5 Bedroom. YTD, 3 condos have rented from $7,000 (1 BR) to $15,000 (4 BR).

Contact me here to discuss strategy whether buying, selling, or leasing.

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Luxury CondosUnique Penthouses, & Waterfront Homes

Jade Signature Condos Sunny Isles

Stop Searching. Start Living. Let’s talk, toll-free at #888.38.DREAM or contact me for a curated property list of exceptional residential opportunities matching your families wants & needs. Be sure to join the VIP group for monthly market insights and new coastal properties direct to your inbox – covering Sunny Isles BeachSouth BeachMiami BeachAventuraBal HarbourBay Harbor IslandsSurfsideNorth Bay VillageHollywoodBrickellDowntownWynwood-Edgewater-MidtownKey BiscayneCoconut GroveCoral Gables, Bay Harbour Islandsand coastal Fort Lauderdale (East of US1).

Whether you’re seeking the most amazing Miami penthouse for sale, a deal on new construction, a beautiful waterfront estate, off-market & investment opportunities, vacant land for development, bulk condo sales, or relocation assistance for your family &/or team, I’ll have it customized and ready for you – contact me here and let’s discuss your ideas and a strategy here in South Florida.

Sotheby's International Realty 900eszI’m connected with the world’s best luxury real estate brand and a vast global network of friends & colleagues who offer a bespoke experience wherever you are in the world. Locally, I offer the very best in real estate knowledge and client services as a master broker-associate with the leading firm, ONE Sotheby’s International RealtyWhy Sotheby’s? Because of the brand heritage, prestige, their propensity for perfection, and quite simply, the immense global reach in curating luxury goods and real estate. Since 2002, I’ve been active in the South Florida residential market with knowledge, experience, and white-glove service that consistently exceeds expectations.

An ALEXA Flash Briefing is LIVE on Miami’s Luxury Residential Real Estate – if you’d like to hear weekly reports from the comforts of your home and have Amazon Alexa, simply enable and I’ll deliver the $1M+ statistics weekly simply by asking for the latest news or your flash briefing!

The Miami Beach Real Estate Blog is an excellent resource for Southeast Florida residential real estate data, trends, and property information. I’ll soon be researching South Florida’s population influx so check back soon to find out about South Florida’s anticipated growth.🤔

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You are a client – not a customer:

  • Clients are under the protection of another.
  • Customers purchase a commodity or service.

Knowledge is protection. As a client, you can expect confidentiality but also risk assessment with fully accurate information that you will understand, implement, and use to build your net worth.

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Jade Sunny Isles Beach Condos | Sales and Statistics February 2018

Jade Condos Sunny Isles

Jade Sunny Isles Beach Condos | Sales & Statistics February 2018

Sunny Isles Beach Sales & Statistics

Sunny Isles Beach condo inventory today reflects 1,437 ⬆ total condos for sale and 113 closed sales in the last 90 days with a median sale price value of $335 per square foot. Overall, condo prices have declined in our local market as we find in the most recent Sunny Isles Condo IndexOceanfront real estate values noticed considerable price gains over the eight years spanning from 2009 to 2016 and now in 2018, we find ample supply with limited demand in this strong a strong buyer’s market.

In addition to the residential condo market shifting since 2016 in favor of buyers, we also note the new construction on the South side of Jade Beach with Jade Signature development and on the North side of Jade Ocean with MUSE. With concrete restoration and building maintenance at both Jade Beach & Ocean Towers, we’ve experienced the ongoing construction debris and noise nuisances for a few years now which have temporarily impacted values both for rent and resale. While short-term concerns have some alarmed, savvy buyers with a long-term outlook see past the noise and towards the future of Sunny Isles Beach.

Not just development but also Sunny Isles Beach condo inventory has been on the rise, especially within the ultra high-end segment. New construction has taken over Collins Avenue with oceanfront resale values beginning at $853 and as high as $3,827 per square foot. Last year, 183 Sunny Isles oceanfront condos sold (over $500,000) with an average sale price per square foot of $706 and at 91 percent of list price. As of FEB 2018, 16 Sunny Isles Beach condos have sold (over $500,000) with an average sale price per square foot at $722 SP$/PSF ~ 2.3% appreciation. Of those 16 sales, it has taken the average seller 230 days to sell.

In a similar comparison of luxury oceanfront condos on Collins Avenue and priced over $1M, we see 514 condos for sale today averaging $1,029 per square foot with an average list price of $3.273M. Values will climb again with time, but for now, the market is strongly in favor of the buyer.

Reviewing The Top 10 luxury condos sold within the last 90 days, we find an average sold price per square foot of just $805 and an average asking price per square foot of $909 PSF.

‘The Top 10’ Sunny Isles Beach Luxury Condo Sales

JADE Beach Condo Inventory, Sales & Rentals

Jade Beach Sunny Isles Beach MiamiJADE Beach (17001 Collins Avenue) has an ongoing construction issue as concrete restoration resumes to the East side of the building early this year with an anticipated timeline of approximately a full year to complete. The major (short-term) concern is the East side terraces and swimming pool will be completely closed off with a blue translucent film covering the glass and limiting the ocean views. The Westside is to soon be reopened with the small pool and west side terraces available again for use. This is putting a major damper on renting as tenants simply don’t have the mental capacity to deal with concrete restoration, limited views and the inability to use the terrace and pool. It will be quite interesting to see rental & resale values this year.

Jade Beach today has 35 resales (14% inventory) available today ranging from $805,000 (B1 Model) to $8.2M for a ‘Sky Villa’ (Two D2 models combined). The famous 3-Story ‘Sky Loft Penthouses’ both sold in 2015. Jade Beach condos offer the most desirable Collins Avenue location plus excellent value when seeking the oceanfront lifestyle experienced only in Miami.

Jade Beach Condos for Sale | Condos for Rent

  • The average JADE Beach list price per square foot reflects $1,046 ($1,211 PSF in AUG 2016).
  • There are 35 resales from $805,000 (B1 Model) to $8.199M (Combined D2 Models).
  • JADE Beach condos sold in 2017 reflect 7 sales at a median sale price value of $877 PSF and 283 days on market.
  • The median selling price per square foot in 2016 was $950 at 241 days on market.
  • The record high sale price value last year was $1,014 PSF and $1,055 PSF in 2016, $1,378 PSF in 2015, and $1,190 PSF in 2014.

As of FEB 2018, there are 32 JADE Beach condos for rent ranging in asking prices from $3,500 (B1 model) to $20,000 (E Model). Last year, 18 Jade Beach condos rented, ranging in values from $2,700 (B1 Model) to $14,000 (E Model).

JADE Ocean Condo Inventory, Sales & Rentals

Jade Ocean Sunny Isles Beach MiamiJADE Ocean (17121 Collins Avenue) stands among the elite luxury condo towers of Sunny Isles Beach. JADE Ocean has 46 (18% inventory) condo resales available today with a few extraordinary penthouses and “Sky Lofts” listed from PH4405 listed at $4.290M to PH4608 listed at $8.375M.  Interiors on these JADE Penthouse condos range from 4 to 6 Bedrooms and from 4,300 to over 6,500 square feet. There are only 2 mirrored image ‘Sky Lofts’ (per Model) in each JADE Condo building, and only a few penthouses can compare along Sunny Isles Beach. Today’s resale prices at Jade Ocean begin with 1 bedroom condos (B1&B2 floor plans) from $885,000 to $1.375M respectively.

While some prefer JADE Beach as a place to call home, JADE Ocean condos have consistently sold at a higher price point offering clear advantages to many.

Jade Ocean Condos for Sale | Condos for Rent

  • The average JADE Ocean list price per square foot is $1,178 ($1,275 PSF in AUG 2016).
  • There are 46 resales from $885,000 (B1 Model) to $8.375M (Penthouse #4608).
  • In the last 90 days, 2 sales occurred from $1.425M to $2.250M (C & E Models).
  • JADE Ocean had 11 condo sales last year at a median sale price per square foot of $991 PSF (9% depreciation YOY) averaging 216 days on market.
  • The median sold price per square foot in 2016 was $1,087 at 137 days on market.
  • The record high sale price value was $1,169 PSF in 2017,  $1,267 PSF in 2016, $1,513 PSF in 2015, and $1,397 PSF in 2014.

There are 21 JADE Ocean rentals listed in FEB 2018 with prices ranging from $3,850 for a furnished B1 Model to $32,000 for a 2-Story furnished D2 Model. Last year 29 condos rented ranging in values from $3,500 (furnished B1 model) to $11,500 (furnished A Model).

JADE Signature Condo

Jade Signature Sunny Isles Beach MiamiJADE Signature (16901 Collins Avenue) is ready and complete now in early 2018 and I am quite excited for this great new development in Sunny Isles Beach. Jade Signature offers incredible floor plans and desirable open outdoor living environments. With the crews working full force on completion, I’ve been watching over the last 90 days as the film was removed from the glass and the landscaping installed. Jade Signature is very special!

In all honesty, the discounts and deals will begin to show within a few months upon closing as initial resales become available and speculators learn true market value. Porsche Design Tower had 40 PERCENT as resale available and guess how many sold last year? THREE.

Jade Signature Condos are quite spacious and I am bullish on the long-term success and future demand. Feel free to contact me to discuss strategy but in summary, and in order of a successful outcome as a new owner is to:

  1. Enjoy the condo. It is beautiful!
  2. Finish the interior, rent the condo, and ride out this strong buyer’s market. Your losses will likely have tax advantages.
  3. Try to be the best-priced unit in your tier as the 2018 condo market dictates true market values. Any loss will hopefully be offset by currency conversion.

The developer and pre-construction specialists who sold the tower are beginning to celebrate. So now… its time to deliver on promises.

“We sold $51 million worth of units in the first quarter. The building, which launched sales in 2013, is “95% or 96% sold out.” – Carlos Defortuna

Jade Signature Condos for Sale

  • Today’s prices have a median list price per square foot of $1,689.
  • My forecast for upcoming 2018 resales: approximately $1,200.

My information is not always easy to digest but most importantly, I am honest and accurate. Contact me here to discuss strategy whether buying, selling, or leasing.

Connect with me @ Instagram | Twitter | Facebook | YouTube

Luxury CondosUnique Penthouses, & Waterfront Homes

Whether you’re seeking a stunning Miami Beach penthousethe ultimate waterfront estate, land for development, off-market & investment opportunities, new construction, bulk condo sales, or relocation assistance, I’ll have it customized and ready for you. Over 16 Years Experience – I’m a South Florida real estate broker-associate with the leading firm, ONE Sotheby’s International RealtyWhy Sotheby’s? Because of the brand heritage, prestige, vast global reach in curating luxury goods including premier real estate, and their propensity for perfection. Since 2002, I’ve been active in the South Florida residential & commercial markets with experience and white-glove service that rarely disappoints.

Let’s Talk today, toll-free at #888.38.DREAM or contact me here for the broker list of all new residential opportunities.

Join the monthly VIP list here for valuable market insights and new properties sent to your inbox before they go live – covering South BeachMiami BeachSunny Isles BeachAventuraBal HarbourSurfside, and North Bay Village. My area of specialty also includes Key BiscayneCoconut GroveCoral Gables and Bay Harbour Islands, and Fort Lauderdale (East of US1). The Miami Beach Real Estate Blog is an excellent resource for South Florida real estate data, trends, and property information.

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Who You Are

You are a client – not a customer:

  • Clients are under the protection of another.
  • Customers purchase a commodity or service.

Knowledge is protection. As a client, you can expect confidentiality but also risk assessment with fully accurate information that you will understand, implement, and use to build your net worth.

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JADE Beach & JADE Ocean Condo Sales, Statistics & Inventory for August 2011

Sunny Isles Beach Luxury Condo Sales & Statistics

A lot has changed with our local market since the last JADE update in 1Q 2011 as premier inventory diminishes. Sunny Isles Beach condo inventory has decreased to 780 total condos for sale and 68 closed sales in the last 30 days (11 month supply). Last year 184 oceanfront condos over $500k sold via MLS with an average selling price per square foot of $447. So far in 2011, 653 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $260 per square foot. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 360 condos for sale with 149 closed sales so far this year averaging a selling price per square foot of $536 psf and selling at 93% of list price.

If we take the top 10 of 2011 luxury condo sales, we find an average sales price per square foot of $815 (up from $732 previous post or 10%) and an average asking price per square foot of $981 (up from $849 from previous post or 13%) psf reflecting an average 17% discount for new buyers in the Sunny Isles Beach luxury real estate market. The top 10 Sunny Isles Beach luxury condo sales from the last 90 days were found at JADE Ocean with 5 sales reflecting $961, $607, $584 & $704 psf along with Acqualina reflecting 3 sales at $859, $722 & $739 per square foot. Turnberry Ocean Colony had 1 sale at $616 per square foot while JADE Beach had a sale at $532 psf and Trump Palace with a sale at $700 per square foot.

What are the latest sales, happenings & the very best condo deals at JADE Ocean & JADE Beach Miami in August 2011? Sunny Isles Beach condo inventory has decreased 2% over last month while sale to list price ratios are averaging 95% for the prior month of July. I’ll explore the fine analytics below and continue educating everyone interested in these most desirable oceanfront condo towers known as JADE Beach & JADE Ocean. On to the August 2011 JADE Condo details…

JADE Beach Condo Inventory, Sales & Rentals

(17001CollinsAvenue.com) JADE Beach condos are sold out of Fortune’s developer inventory (2010) after over two years of occupancy. We now have 28 (11% inventory) JADE Beach resales ranging in values from $619,000 (Low Floor B1 Model) to an impressive 3-Story JADE Beach penthouse ‘Sky Loft’ resale priced at $10.9M (I-line Penthouse Floor Plan). The average JADE Beach list price per square foot is reflecting $747 psf (Up 5% from March) with the average selling price per square foot reflecting $525 at 232 days on market and an 88% sale to list price ratio (12% average buyer discount). JADE Beach condo sales have been reported on the MLS with 10 resale values in 2011 from $940k (A Model at $462 psf) to $2.050M (E Model at $638 per square foot) setting the record high in JADE Beach resale values.

In August, there are 15 JADE Beach condos for rent ranging in asking prices from $3,100 (B2 model) to $11,000 (E-model). JADE Beach condo rentals have been in demand at the most desirable location and experiencing the JADE Beach lifestyle. Year to date, 16 Jade Beach condos have rented, ranging in rented values from $2,550 (B1 deals) to $7,000 (E Model); 3 Jade Beach rentals are bow pending contract with #1501 & #1401 (A-models) reflecting asking prices of $4,800 & $5,500 respectively.

JADE Ocean Condo Inventory, Sales & Rentals

(17121CollinsAvenue.com) JADE Ocean has very limited developer inventory including the remaining 1 bedrooms with price points hovering in the $600+’s psf. Jade Beach took almost 2 years to accomplish a sell out and we’re now ending the second year of JADE Ocean acquiring its Certificate of Occupancy. There are 10 Jade Ocean condo resales today with the high price on a spectacular 2-Story Jade Ocean Penthouse “sky loft” listed $9.950M with over 6,500 square feet and 5 bedrooms along with a slightly smaller luxury JADE penthouse priced at $3.5M with just over 3,700 total square feet, 3 bedrooms and 3 baths.. There are only 2 mirrored image Sky Lofts per Model in the JADE buildings and few other penthouses comparable in Sunny Isles Beach. The lowest priced resales today are B-1 models priced from $640,000 to $653k and one B-2 model asking $875,000. JADE Ocean’s average asking price per square foot is at $886 ($765 psf in March) and today’s buyers are finding the D & E Models most attractive with very limited inventory setting new record highs. Year to date, 9 sales have occurred from $820k to $4M. Unit #4403 sold at $3.5M in May setting a new record high at $1,019 per square foot for Sunny Isles Beach real estate. The averages show the selling price per square foot at JADE Ocean reflecting $693 while selling at 89% of list after 203 days on market.

There are 8 JADE Ocean rentals listed in August and the prices are ranging from $3,500 (#1406) to $29,000 for a 4 bedroom, 2-Story furnished trophy penthouse. Year to date, there have been 16 rented condos ranging in values from $2,500 (B1 model) to a beautiful 2 Story penthouse rented at $28,000 in this superior Sunny Isles Beach building. JADE Ocean will most likely sell out this year with only a few B1 models remaining and I will blog on new updates as each report shows us continued 2011 figures.

JADE Ocean & JADE Beach interior differences are not so significant other than kitchen counter finishes (Granite vs. Quartz) along with the amount of glass encompassing the walls throughout. Other amenity differences are uncovered through photos & videos here with blog research showing us true market values. New monthly sales statistics show us the latest sales, facts & trends so stay tuned to this JADE Blog and authority site. JADE Ocean condos were sold out on a significantly higher price point offering clear advantages in amenities & South Florida lifestyle. Sunny Isles Beach oceanfront market values are noting considerable price gains as inventory continually decreases while sale prices increase. JADE Ocean stands among the elite luxury condo towers of Sunny Isles Beach with a great International demand.

I’m Available to Showcase & Sell or Lease Your Property at JADE

In Miami, it’s not so much the brokerage name recognition but instead more so dependent on the agent or Realtor® you choose to expose your property. When hiring someone to sell or lease your JADE condo, look for strong global marketing with local market knowledge and a proven track record with luxury condos along Sunny Isles Beach. I’m available to get started and accepting new JADE Condo listings to market globally right here on the JADE website & blog plus my many other websites such as MiamiDreamRealty.com. For further details on a superior marketing plan and efficient results whether selling or leasing your oceanfront condo visit the 5 Step Marketing Plan today.

In 1Q 2010, I released a new addition to the Sunny Isles Beach condo collection with TurnberryOceanColonySunnyIsles.com website to replicate the success I’ve had with the JADECondosSunnyIsles.com authority website. Price points at Turnberry Ocean Colony dropped approximately 20% in 2009 alone and have shown us sales as low as $1M last year while sale prices today have increased 25% and noting fast turnaround with 2 condos pending sale this month. Here you’ll also find new updates, videos & monthly statistics at the Turnberry Ocean Colony blog. The original MiamiDreamRealty.com is a top performer showcasing the entire luxury Southeast Florida MLS listing database (500+ customers daily) while the JADE Ocean, JADE Beach & Turnberry Ocean Colony MLS database access have also been revamped with most accurate condo listings for anyone looking to buy or rent. Leave a comment and let me know your thoughts regarding JADE Beach & JADE Ocean Sunny Isles or any other luxury condo tower along the Miami Dade County coastline. Enjoy and thank you for visiting!

Jade Beach & Jade Ocean

JADE Beach & JADE Ocean Condo Sales, Statistics & Inventory for June 2010

Sunny Isles Beach Luxury Condo Sales & Statistics

Sunny Isles Beach condo inventory held constant last month at 1,052 total condos for sale and 35 closed sales in the last 30 days (30 month supply). So far in 2010, 320 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $240 per square foot. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 450 condos for sale with 75 closed sales so far this year averaging a selling price per square foot of $431 psf (Up 8% over last month) and selling at 89% of list price. If we take only the top 10% of 2010 condo sales, we find an average sales price per square foot of $687 and an average asking price per square foot of $786 psf reflecting an average 12% discount for new buyers in the Sunny Isles Beach luxury real estate market. Last year 161 oceanfront condos over $500k sold via MLS with an average selling price per square foot of $420. The top 8 Sunny Isles Beach luxury condo sales from the last 90 days were found at Acqualina with 5 sales reflecting $740, $785, $589 & $649 per square foot. Turnberry Ocean Colony had 3 sales at $733, $660 & $649 per square foot. JADE Beach #4501 sold at $2M ($645 SP/SF) setting a new record resale high..

What is the latest & greatest at JADE Ocean & JADE Beach Miami in June 2010? Sunny Isles Beach condo inventory has decreased 6% year to date while sale to list price ratios are averaging 93% for the month of May. I’ll explore the fine analytics below and continue educating everyone interested in these new oceanfront condo towers known as JADE Beach & JADE Ocean. On to the June 2010 JADE Condo details…

JADE Beach Condo Inventory, Sales & Rentals

(17001CollinsAvenue.com) Fortune has already sold out their inventory as of 2010 1Q after almost two years of occupancy and we are awaiting the turn over to the condo board. We now have 44 (18% inventory) JADE Beach MLS resales ranging in values from $499,000 (Low Floor B1 Model) to an impressive JADE Beach penthouse listing priced at $11M (2 Story Jade Beach Penthouse). JADE Beach condo sales have been reported on the MLS with 9 resale values from $468k (B1 Model at $468 psf) to $2M (E Model at $645 per square foot) setting a new record high in resale values. The average JADE Beach list price per square foot is reflecting $663 psf (Down 1% from May) with the average selling price per square foot reflecting $476 at 153 days on market and an 88% sale to list price ratio (12% average buyer discount). The inquiries have not ceased on the only JADE Beach short sale #1104D which is still pending short sale approval. I expect #1104 to sell over asking price as $865k may prove to be a “teaser price” with D line values now ranging in sold values from $990k to $1.4M in 2010. This went pending in December and short sales can take an easy 6-9 months!

JADE Beach condo rentals have been in demand as potential buyers test the local market & JADE Beach lifestyle. To date, 42 Jade Beach condos have rented, ranging in rented values from $2,000 (B1 deals) to $7,000 (#1708); 5 Jade Beach rentals are currently under contract with prices ranging from $3,650 (#2602) to $14,000 (#3608); the owner’s representative needs to change the status on #3608 as it’s been pending for months now. There are 24 JADE Beach rentals available ranging in asking prices from $3,000 (02-line as B2 model) to $8,200 (#3208 as E model).

JADE Ocean Condo Inventory, Sales & Rentals

(17121CollinsAvenue.com) JADE Ocean has remaining developer inventory at price points hovering in the $600+’s psf. I do believe this to be market values given the uber luxury product with new County records now reflecting 109 recorded deeds (Up 3% since May) or 44% sold. Please Note: there are more sales than this as Miami Dade County takes awhile to record new deeds. Jade Beach took almost 2 years to accomplish a sell out and we’re now entering the 11th month of JADE Ocean acquiring its Certificate of Occupancy. There are 11 Jade Ocean condo resales today with the high price on a spectacular 2 Story Jade Ocean Penthouse “sky loft” listed November 20th at $2.7M (now priced at $3M) with just over 3,700 total 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 other than JADE Beach. The lowest priced resale is a B1 model increased in price from $625k to $684k which is 27% over JADE Beach (B1 model) asking values. JADE Ocean’s average asking price per square foot is at ~$743 ($717 psf in May) and today’s buyers are finding the developer inventory moist attractive in the $600’s per square foot. Differences in JADE Ocean & JADE Beach will be dissected this year showing us true market values while new monthly sales statistics show us the latest sales, facts & trends.

JADE Ocean condos were sold out on a significantly higher price point offering clear advantages in amenities & lifestyle. It seems as though Fortune, the FDIC & Starwood amended the asking prices and adjusted to Sunny Isles Beach oceanfront market values. The residential low end market is noting considerable price gains as inventory decreases. Talk of values going up has been constant across the board along the Miami Dade Beaches… The developer is relaying today’s prices at approximately $600+ psf and increasing prices slowly as sales continue. One thing is for sure, the developer is 100% confident in their product standing firm on current contract negotiations. And why wouldn’t they be firm as JADE Ocean stands among the elite luxury condo towers of Sunny Isles Beach.

There are 18 JADE Ocean rentals listed via MLS and the prices are ranging from $2,575 (#1706) to $7,100 for a 3 bedroom (A model). There have been 7 rented condos ranging in values from $2,400 (B1 model) to $6,500 (E Model) to be solid starting figure in a superior building. I believe JADE Ocean will have a very strong finish by the end of 2010 and we’ll all make notes as each month shows us new figures.

What else would you like to see reported here on the JADE Condo Blog?

Leave a comment and let me know what’s on your mind regarding JADE Beach & JADE Ocean Sunny Isles or any other luxury condo tower along the Miami Dade County coastline. I’m also accepting new JADE Condo listings to market globally here and on my other sites so please visit MiamiDreamRealty.com (5 Step Marketing) for further details on a superior global marketing plan and efficient results whether selling or leasing your oceanfront condo.

In 1Q 2010, I released a new addition to the Sunny Isles Beach condo collection with TurnberryOceanColonySunnyIsles.com website to replicate the fun & success I’ve had with this JADECondosSunnyIsles.com authority site. Price points at Turnberry Ocean Colony had dropped approximately 20% in 2009 alone and have sold as low as $1M last year while prices today begin at $1.390M and noting fast turnaround with 10 condos under contract! Here you’ll find new updates, videos & monthly statistics at the Turnberry Ocean Colony blog. The original MiamiDreamRealty.com was revamped showcasing the entire luxury Southeast Florida Regional MLS listing database while the JADE Ocean, JADE Beach & Turnberry Ocean Colony MLS database access has now also been revamped!

All figures derived from the Southeast Florida Regional MLS service

JADE Beach & JADE Ocean Condo Sales, Statistics & Inventory for May 2010

I’ve missed the April report.. With the new websites, I am bombarded with customers and condo sales so I’ve been working on building the Miami Dream team of real estate professionals. Sunny Isles Beach inventory held constant last month at 1,052 total condos for sale. Sunny Isles Beach condo inventory has decreased 26% year to date while sale to list price ratios are up to an average 94% for the month of April. I’ll explore the fine analytics below and continue educating everyone interested in these uber modern condo towers known as JADE Beach & JADE Ocean.

At the start of 2010, I released a new addition to the Sunny Isles Beach condo collection with TurnberryOceanColonySunnyIsles.com website to replicate the fun & success I’ve had with this JADECondosSunnyIsles.com authority site. Price points at Ocean Colony had dropped approximately 20% in 2009 alone and have sold as low as $1M last year while prices today begin at $1.390M and noting fast turnaround with 14 condos under contract! Here you’ll find new blog updates, videos & monthly statistics at Turnberry Ocean Colony which some people seem to prefer over Jade Beach & Jade Ocean. The original MiamiDreamRealty.com was revamped showcasing the entire luxury Southeast Florida Regional MLS listing database while the JADE Ocean, JADE Beach & Turnberry Ocean Colony MLS database access is also being revamped in 10 days! On to the MAY 2010 JADE Condo details…

JADE Beach Condo Inventory, Sales & Rentals

(http://17001CollinsAvenue.com) JADE Beach developer (Fortune) has sold out after almost two years of occupancy and we are awaiting word of it turned over to the condo board. We now have 43 (17%) JADE Beach resales ranging in values from $510,000 (Low Floor B1 Model) to an impressive JADE Beach penthouse listing priced at $11M (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 $1.420M (E Model at $442 per square foot). This has been the established pricing trend, in the $400’s, for Jade Beach. The average JADE Beach list price per square foot is reflecting $670 psf (Up 3% over March) with the average selling price per square foot reflecting $449 at 153 days on market and an 89% sale to list price ratio (11% average buyer discount). The inquiries have not ceased on the only JADE Beach short sale #1104D which is still pending short sale approval. I do expect it to sell over asking price as $865k may prove to be a “teaser price” with D line values now ranging in sold values from $990k to $1.2M in 2010. This went pending in December and short sales can take an easy 6-9 months!

JADE Beach rentals have been in demand as potential buyers test the local market & JADE Beach lifestyle. To date, 36 Jade Beach condos have rented, ranging in rented values from $2,000 (B1 deals) to $7,000 (#1708); 3 Jade Beach rentals are currently under contract with prices ranging from $3,650 (#2602) to $14,000 (#3608); the agent needs to change the status on #3608 as it’s been pending for months now. There are 30 JADE Beach rentals active-available ranging in asking prices from $2,950 (07-line as B2 model) to $8,200 (#3208).

JADE Ocean Condo Inventory, Sales & Rentals

(http://17121CollinsAvenue.com) JADE Ocean has price points by the developer hovering in the $600+’s psf. I do believe this to be market values given the uber luxury product with new County records now reflecting 106 recorded deeds (Up 11% since March) or 44% sold. Please Note: there are more sales than this as Miami Dade County takes awhile to record deeds. Jade Beach took almost 2 years to accomplish a sell out and we’re now entering the 10th month of JADE Ocean acquiring its Certificate of Occupancy. There are 11 Jade Ocean resales today with the high price on a spectacular 2 Story Jade Ocean Penthouse “sky loft” listed November 20th at $2.7M (now priced at $2.8M) with just over 3,700 total 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 other than JADE Beach. The lowest priced resale is a B1 model priced at $625k which is 18% over Jade Beach B1 asking values. With an average asking price per square foot of ~$717 ($747 psf in March), reflective for JADE Ocean, we should soon see new activity. This is the critical curve separating value differences between each tower that I’m interested in deciphering. Differences will be dissected this year showing us what truly is market values while sales statistics show us the latest sales, facts & trends.

JADE Ocean was sold out on a significantly higher price point offering clear advantages in amenities & lifestyle. It seems as though Fortune, the FDIC & Starwood amended the asking prices and adjusted them to Sunny Isles Beach oceanfront market values. The residential low end market is noting price gains as inventory decreases. Talk of values going up has been constant across the board along the Miami Dade Beaches… The developer is relaying today’s prices at approximately $600+ psf and increasing slowly as sales continue. One thing is for sure, the developer is 100% confident in their product standing firm on current contract negotiations. And why wouldn’t they be as JADE Ocean stands among the elite condo towers of Sunny Isles Beach.

There are 10 JADE Ocean rentals listed via MLS and the prices are ranging from $2,600 (#1803) to $7,100 for a 3 bedroom (A model). There have been 5 rented condos ranging in values from $2,500 to $5,000 (B2 Model) to be a strong starting figure for a superior building. I believe JADE Ocean will have a very strong finish this year and we’ll all make notes as each month shows us new figures.

Sunny Isles Beach Luxury Condo Sales & Statistics

Sunny Isles Beach condo inventory is reflecting 1,052 condos for sale and 50 closings in the last 30 days (21 month supply). So far in 2010, 245 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $225 per square foot. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 455 condos for sale with 55 closed sales so far this year averaging a selling price per square foot of $396 (down 1% over last month) psf and selling at 90% of list price. If we take only the top 10% of 2010 condo sales, we find an average sales price per square foot of $606 and an average asking price per square foot of $701 reflecting an average 13% discount for new buyers in the Sunny Isles Beach luxury real estate market. Last year 161 oceanfront condos over $500k sold via MLS with an average selling price per square foot of $420. Looking at the 39 closed oceanfront condo sales from the last 90 days, we see the sale to list price ratio reflecting an 11% buyer discount and selling within 224 days. The top Sunny Isles Beach luxury condo sales of the last 90 days were found at Acqualina with #3903/4 selling at $2.6M ($589 SP/SF), JADE Beach #3308 selling at $1.420M ($442 SP/SF) and Trump Palace #3901 selling at $1.270M ($593 SP/SF).

What else would you like to see reported here on the JADE Condo Blog? Leave a comment and let me know what’s on your mind regarding JADE Beach & JADE Ocean Sunny Isles or any other luxury condo tower along the Dade County coastline. I’m also eager to market new JADE Condo listings here and on my other sites so please visit MiamiDreamRealty.com (5 Step Marketing) for details on superior global marketing and efficient results whether selling or leasing your condo.

JADE Ocean Swimming Pool

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

 Sunny Isles Beach inventory decreased 4% last month, with inventory now at 1,027 total condos for sale. Sunny Isles Beach condo inventory has decreased 30% year to date while sale to list price ratios are up to to 96% for the month of February. I’ll explore the fine analytics below and continue educating everyone interested in these uber-modern condo towers known as JADE Beach & JADE Ocean.

 In the month of January, I released a new addition to the Sunny Isles Beach condo collection with Turnberry Ocean Colony Sunny Isles.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 $1.270M and looking to be doing a fast turn around with numerous recent sales! Now new updates, videos & monthly statistics are found geared towards the traditional-styled towers of Turnberry Ocean Colony which some people prefer over Jade Beach & Jade Ocean. Additionally last month the original MiamiDreamRealty.com was revamped showcasing the entire luxury MLS listings. You can find Short Sales and Foreclosures (when available) with a simple click! I am eager to aggressively market new listings here on on my other sites so please visit MiamiDreamRealty.com (5 Step Marketing) for details. On to the JADE Condo details.. 

JADE Beach Condo Inventory, Sales & Rentals

(http://17001CollinsAvenue.com) JADE Beach developer (Fortune) has ~2 condos left at clearance pricing before being sold out after a year & half of occupancy. We now have 39 (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 $400’s for Jade Beach. The average JADE Beach list price per square foot is reflecting $650 psf (Up 2% over last month) with the average selling price per square foot reflecting $442 at 99 days on market plus a 90% sale to list price ratio (10% buyer discount).

Jade Beach rentals have been in demand as potential buyers test the tower & JADE lifestyle reflecting 33 Jade Beach condos ranging in rented values from $2,000 (B1 deals) to $7,000 (#1708); 3 Jade Beach rentals are currently under contract with prices ranging from $4,500 (#3007) to $14,000 (#3608); 16 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.com) JADE Ocean is exciting to watch 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 94 recorded deeds (Up 15% since last month) or 38% sold. Please Note: there are more sales than this as the County takes awhile to record deeds. Jade Beach took 1.5 years to accomplish what it has today and we’re now entering month 8 of JADE Ocean acquiring its Certificate of Occupancy.

There are 11 Jade Ocean condo resales today with the high price on a spectacular 2-story Jade Penthouse “sky loft” 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 than at JADE Ocean. The lowest priced resale is a B1 model priced at $625k which is 12% over Jade Beach B1 asking values. With an average asking price per square foot of ~$699 ($747 psf last month) reflective for JADE Ocean, we should soon see new activity. This is the critical curve separating value differences between each tower that I’m interested in. Differences will be dissected this year showing us what truly is market values while sales statistics show us these monthly facts. JADE Ocean was sold out on a significantly higher price point offering clear advantages in amenities & lifestyle. It seems as though Fortune, the FDIC & Starwood amended the asking prices and adjusted them to Sunny Isles Beach oceanfront market values. The developer is relaying today’s prices at approximately $600 psf and “going up soon” as sales continue. One thing is for sure, the developer is 100% confident in their product standing firm on current contract negotiations. And why wouldn’t they be as JADE Ocean stands among the elite condo towers of Sunny Isles Beach.

There are 10 JADE Ocean rentals listed (via MLS) and the prices are ranging from $2,950 (high floor B1 model) to $7,500 for a 3 bedroom (D model). The first MLS rental has rented at $4,000 (B2 Model) to be a strong starting figure for a superior building while another rental occurred last month at $2,700 for a furnished B1 model. I believe JADE Ocean will have a very strong finish this year and we’ll all make notes as each month shows us new numbers.

Sunny Isles Beach Luxury Condo Sales & Statistics

 Sunny Isles Beach condo inventory is trending downward with 1,027 condos for sale and 34 closings in the last 30 days (30 month supply). So far in 2010, 99 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $225 psf, down 5% over last month. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue (over $500k), we see 473 (up 13%) condos for sale with 27 closed sales so far this year averaging a selling price per square foot of $397 (down 7% over last month) psf and selling at 91% of list price. If we take only the top 10% of 2010 condo sales we find an average sales price per square foot of $484 and an average asking price per square foot of $535 reflecting an average 9% discount for new buyers in this market. Last year 161 oceanfront condos over $500k sold via MLS with an average selling price per square foot of $420.

  Looking at the 54 closed oceanfront sales from the last 90 days, we see the sale to list price ratio reflecting a 8.5% buyer discount and selling within 153 days. The top Sunny Isles Beach condo sales of the last 90 days were at Acqualina with #PH4501 selling at $4.7M ($740 SP/SF), #501 selling at $694 psf and Turnberry Ocean Colony South Tower #2001 selling at $1.850M ($667 SP/SF) plus 3 other luxury sales at $541, $535 & $639 per square foot respectively. The only luxury condo resale at JADE Beach sold at $1.370M ($427 SP/SF) in November. What else would you like to see reported here on the JADE Condo Blog? Leave a comment and let me know what’s on you mind regarding Jade Condos Sunny Isles or any other luxury condo tower along the Dade County coastline.

JADE Ocean Sunny Isles Beach
The truth is in the numbers 1.888.383.7326 or direct 786.273.7326. **All data compiled from the SEF Regional MLXChange.

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

JADE Beach Condos of Sunny Isles Showcase (Model E) Residence

 JADE Beach Model E Unit. I seem to recall the designer being Steven G… Any truth to this? This is Fortune’s brilliantly designed JADE Beach E Line (floor plan below) model unit found in the with over $800,000 in renovation detail and upgrades! An amazing JADE Beach condo and unfortunately, it’s already sold! The buyer worked out a win win deal with the developer and should be extremely pleased with one of the best finished condos in JADE Beach Sunny Isles.

JADE Beach Model Kitchen

JADE Beach Model Kitchen

JADE Beach Model Dining & Living

JADE Beach Model Dining & Living

JADE Beach Model Den

JADE Beach Model Den

JADE Beach E Line Floor Plan

JADE Beach E Line Floor Plan

 The JADE Beach E Line is found on Floors 22 to 42 with the JADE Beach Penthouse floors 43, 44, 45 and 46. If you own at JADE Beach or JADE Ocean and would like to sell, I ask you to preview JADECondosSunnyIsles.com and interview with me on an effective global marketing plan. This authority site is still rough around the edges yet quickly gaining in top search engine positioning and will be the ideal worldwide showcase site for your JADE Condo Listings. If your thinking of becoming a new successful owner of JADE Beach real estate then contact me for today’s great JADE Beach Condo Deals including 1, 2 and 3 Bedrooms. To subscribe to this new JADE Condos Miami resource, use the Really Simple Syndication (RSS) feed or have emails sent after each JADE Blog posting, use the controls found in the upper right corner. For more information, call us toll free at 1.888.383.7326 or email at Info@JADECondosSunnyIsles.com