Tag Archives: JADE Ocean Condos for Sale

Jade Beach, Jade Ocean, Jade Signature Condo Sales and Stats | June 2017

Jade Beach, Jade Ocean, and Jade Signature Condo Sales & Stats | JUNE 2017

Sunny Isles Beach Condo Sales & Statistics

Sunny Isles Beach condo inventory today reflects 1,449 total condos for sale and 158 closed sales in the last 90 days with a median sale price value of $299 per square foot. Prices have declined in our local market as we find in the most recent Sunny Isles Condo Index.

Oceanfront real estate values noticed considerable price gains over the seven years spanning from 2009 to 2015 and now in 2017, we find ample supply and limited demand in what’s currently a strong buyer’s market. In addition to the residential condo market shifting 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 which have temporarily impacted values. While short-term concerns have some alarmed, smart long term buyers see past the noise towards the future of Sunny Isles Beach. Values will again climb with time, but for now, the market is in favor of the buyer.

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 values beginning at $1,250 and as high as $3,800 per square foot. Last year, 220 Sunny Isles oceanfront condos sold (over $500,000) through our MLS database with an average sale price per square foot of $667 and at 93.1 percent of list price. As of JUNE 2017, 93 Sunny Isles Beach condos have sold (over $500,000) with an average sale price per square foot at $674 SP$/PSF ~ 1% appreciation.

In a contrast comparison of luxury oceanfront condos on Collins Avenue and priced over $1M, we see 515 condos for sale today averaging $1,061 per square foot with an average list price of $3.396M. Reviewing the top 10 luxury condos sold within the last 90 days, we find an average sold price per square foot of $1,147 and an average asking price per square foot of $1,382 PSF.

The ‘Top 10’ Sunny Isles Beach Luxury Condo Sales:

  • Porsche Design Tower | Penthouse 5601 set a record selling at $25M or just over $1,300 PSF
  • Regalia | 2 sales reflecting $1,777 & $1,405 PSF
  • Mansions at Acqualina | 5 Sales at $1,096, $1,035, $1,204, $1,096, and $896 PSF – these were SUPER deals and a savvy buyer who bought 3 of the 5 units.
  • Jade Ocean | #4401 Sold at $4.4M or $941 PSF
  • Trump Towers | 1 sale at $871 PSF

JADE Beach Condo Inventory, Sales & Rentals

JADE Beach (17001 Collins Avenue) has 34 (14% inventory) resales available today ranging from $849,000 (B1 Model) to $9.5M for a combined ‘Sky Villa’ (Two D2 model). The 3-Story ‘Sky Loft Penthouses’ both sold in 2015. JADE Beach condos offer the most desirable location plus solid value when seeking the oceanfront lifestyle experienced only in Miami.

Jade Beach Condos for Sale  |  Jade Beach Condos for Rent
  • The average JADE Beach list price per square foot reflects $1,096 ($1,211 PSF in AUG 2016).
  • There are 34 resales from $849,000 (B1 Model) to $9.5M (Combined D2 Models).
  • JADE Beach condos sold in 2017 reflect just 2 sales at $886 and $789 PSF averaging 120 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 was $1,055 PSF in 2016, $1,378 PSF in 2015, and $1,190 PSF in 2014.

As of JUNE 2017, there are 28 JADE Beach condos for rent ranging in asking prices from $2,950 (B1 model) to $15,500 (E Model). This year, 8 Jade Beach condos rented, ranging in values from $3,000 (B1 Model) to $7,000 (E Model). Last year, 21 Jade Beach condos rented, ranging in values from $3,000 (B1 Model) to $10,500 (E Model).

JADE Ocean Condo Inventory, Sales & Rentals

Jade Ocean Sunny Isles Beach MiamiJADE Ocean (17121 Collins Avenue) still 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 $5.150M to $8.985M.  Interiors on these Penthouse units range from 4 to 6 Bedrooms and from 3,866 to over 6,500 square feet. There are only 2 mirrored image ‘Sky Lofts’ (per Model) in each JADE building, and only a few penthouses can compare along Sunny Isles Beach.

Today’s resale prices at Jade Ocean begin with B1 & B2 floor plans from $965,000 to $1.195M 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  |  Jade Ocean Condos for Rent
  • The average JADE Ocean list price per square foot is $1,361 ($1,275 PSF in AUG 2016).
  • There are 46 resales from $965,000 (B1 Model) to $8.985M (Penthouse #4608).
  • In the last 90 days, 4 sales occurred from $1.250M to $4.4M (B2 & E Models).
  • JADE Ocean condos sold in 2017 reflect 5 sales at a median sale price per square foot of $1,110 PSF averaging 133 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 37 JADE Ocean rentals listed in JUNE 2017 with prices ranging from $4,200 for a furnished B1 Model to $32,000 for a 2-Story furnished D2 Model. This year 5 condos rented ranging in values from $3,800 (furnished B1 model) to $11,500 (furnished A Model).

JADE Signature Condo

(16901 Collins Avenue) JADE Signature is on its way to completion in 2017 combining luxury + function + lifestyle in Sunny Isles Beach. Jade Signature will offer incredible floor plans and desirable open outdoor living environments. Construction is ongoing with the crews working full force on the progress of the final addition to the JADE Sunny Isles Condo Trio. Jade Signature Condos are spacious, functional and well, new! I am bullish on the success and future demand we’ll soon see at Jade Signature.

“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 are over $1,400 per square foot – The 1 bedroom units have sold (with a waiting list) while only larger 3 to 5 bedroom options remain. Today, approximately 90% of the JADE Signature project has been sold. To inquire about buying a new condo in JADE Signature, contact me for available pricing by inquiring below.

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Luxury Real Estate in Southeast Florida

Over 15 Years Experience – I’m a Southeast Florida real estate broker-associate with the leading firm – ONE Sotheby’s International Realty. Why Sotheby’s? Because of the brand heritage, prestige, vast global reach and their propensity for perfection. Since 2002, I’ve been active in the Southeast Florida market with experience that rarely disappoints. No hassle. No pressure. Just honest advice.

Contact me for the perfect properties along Miami BeachSunny Isles BeachAventuraBal HarbourSurfsideNorth Bay Village and South Beach. I also cover the most desirable areas of Fort LauderdaleKey BiscayneCoconut GroveCoral Gables and Bay Harbour Islands. Whether you’re looking for the latest in waterfront estates, condo resales, land for development, corporate relocation, market trends, off-market properties, new construction, bulk sales, or just great deals, I’ll have it customized and ready for you.

Gain fast access to the latest in real estate trends, new listings, preferred developments, important news updates, sales & statistics by signing up to the Monthly VIP Buyer Alert. Explore new listings, property information & buying options on Miami construction developments, gated communitieswaterfront homesluxury townhomes, gorgeous Miami Penthouses plus so much more.

Luxury Condos, Penthouses, & Waterfront Homes:

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JADE Beach, JADE Ocean, JADE Signature | January 2017 | Condo Sales & Statistics

Jade Condos Sunny Isles Beach

JADE Beach, JADE Ocean, JADE Signature | January 2017 | Condo Sales & Statistics

Sunny Isles Beach Condo Sales & Statistics

Sunny Isles Beach condo inventory for the quarter holds at 1,373 total condos for sale and 113 closed sales in the last 90 days with a median sale price value of $431 per square foot. Prices have declined in our local market as we find in the most recent Sunny Isles Condo Index.

Oceanfront real estate values noticed considerable price gains over the seven years spanning from 2009 to 2015 and now in 2017, we find a strong buyer’s market. With new construction on the South side (Jade Signature) of Jade Beach and on the North side (MUSE) of Jade Ocean, the 01 and 08 lines experiencing the construction debris and noise nuisances have also decreased in value. While short-term concerns have some alarmed, smart long term buyers see past the noise towards the future of Sunny Isles Beach. Values will again climb with time, but for now, the market is in favor of the buyer.

Sunny Isles Beach condo inventory has been on the rise, especially with coastal high-end luxury real estate. New construction has taken over Collins Avenue with values beginning at $1,250 and as high as $2,500 per square foot. Last year 220 Sunny Isles oceanfront condos sold (over $500,000) through our MLS database with an average selling price per square foot of $667 and at 93.1 percent of list price. As of January 2017, just 2 Sunny Isles Beach condos have sold (over $500,000) with an average sale price per square foot at $902 SP$/PSF. In a contrast comparison of luxury oceanfront condos on Collins Avenue and priced over $1M, we see 898 condos for sale today with 126 closed sales last year averaging a sales price per square foot of $772 and selling at 88% of list price.

Reviewing the top 10 luxury condo sales from the last 90 days, we find an average sales price per square foot of $999 and an average asking price per square foot of $1,093 PSF.

The Top 10 Sunny Isles Beach luxury condo sales:

JADE Beach Condo Inventory, Sales & Rentals

JADE Beach (17001 Collins Avenue) has 35 (14% inventory) JADE Beach condo resales ranging from $888,000 (B1 Model) to $9.995M for a combined ‘Sky Villa’ (Two D2 model). The 3-Story JADE Beach penthouse ‘Sky Loft Penthouses’ both sold in 2015.

Jade Beach Condos for Sale  |  Jade Beach Condos for Rent

JADE Beach condos offer the most desirable location & value with an oceanfront lifestyle experienced only in Miami.

  • The average JADE Beach list price per square foot reflects $1,102 ($1,211 PSF in AUG).
  • The 90-day average selling price per square foot shows ZERO sales at $n/a and $n/a PSF at n/a days on market.
  • JADE Beach condo sales in 2016 reflect 8 resales from $875,000 (B1 Model) to $3.240M (E Model).
  • Last year’s median selling price per square foot reflects $950 at 241 days on market.
  • The record high sale price value of 2016 was $1,055 PSF, $1,378 PSF in 2015 and $1,190 PSF in 2014.

In January, there are 26 JADE Beach condos for rent ranging in asking prices from $3,500 (B1 model) to $20,000 (E Model). Last year, 21 Jade Beach condos rented, ranging in values from $3,000 (B1 Model) to $10,500 (E Model).

JADE Ocean Condo Inventory, Sales & Rentals

JADE Ocean (17121 Collins Avenue) stands among the elite luxury condo towers of Sunny Isles Beach. JADE Ocean has 35 (14% inventory) condo resales available today with a few spectacular Jade Ocean Penthouse properties and “sky lofts” listed from $3.7M to $5.150M.  Interiors on these Penthouse units range from 4-5 Bedrooms and from 3,700 to over 4,896 square feet. There are only 2 mirrored image ‘Sky Lofts’ (per Model) in each JADE building, and very few penthouses compare in Sunny Isles Beach.

Today’s resale prices at Jade Ocean begin with B1 & B2 floor plans from $975,000 to $1.195M respectively.

Jade Ocean Condos for Sale  |  Jade Ocean Condos for Rent

  • JADE Ocean’s average asking price per square foot is at $1,257 ($1,275 in AUG) and buyers today are finding the selection most attractive.
  • In the last 90 days, three sales have occurred from $1.050M to $2.2M (B2 & A Models).
  • The record high sale price was in 2015 selling over $1,400 per square foot.
  • Last year, ten sales occurred with the average selling price per square foot $1,035 at 222 days on market.
  • Last year’s record high sale went to $1,267 per square foot while this year we enter a very strong buyer’s market.

There are 25 JADE Ocean rentals listed in January with prices ranging from $3,995 (B1 Model) to $32,000 for a beautifully furnished Jade Ocean Penthouse. Last year 23 condos rented ranging in values from $3,300 (B1 model) to an D Model renting at $12,000 unfurnished.

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 Signature Condo

(16901 Collins Avenue) JADE Signature is on its way in 2017 in combining luxury + function + lifestyle in Sunny Isles Beach. Jade Signature will offer incredible floor plans and desirable open outdoor living environments. Construction is ongoing with the crews working full force on the progress of the final addition to the JADE Sunny Isles Condo Trio. Jade Signature Condos are spacious, functional and well, new! I am quite bullish on the success and demand at Jade Signature.

Jade Signature Condos for Sale

Today’s prices are over $1,400 per square foot – All one bedrooms have sold (with a waiting list to buy) while only larger 3 to 5 bedroom options remain. Today, approximately 90% of the JADE Signature project has been sold. To inquire about buying a new condo in JADE Signature, contact me for available pricing by inquiring below.

 

List Your Property with Ashton Coleman

I provide outstanding exposure with global marketing and a tech-savvy style like no other. Market knowledge goes a long way and customers want to know today’s real estate climate in Sunny Isles Beach. I have a proven track record in Southeast Florida, and I’m available to market your JADE property effectively here on the JADE Condos authority website plus the many other websites you’ll find below.

I’m a Miami area real estate specialist with over 14 years of experience. Besides personal marketing, I offer the prestige & reputation of ONE Sotheby’s International Realty with global exposure and marketing channels that are beyond the extraordinary. For further details on a superior marketing strategy and results whether selling or leasing your property, reach out today and let’s begin!

No gimmicks. No pressure. Just professional advice.

  1. Subscribe to the monthly newsletter for valuable updates on Miami’s best neighborhoods
  2. Like Coleman Properties Group on Facebook
  3. Follow AshtonColeman on Instagram for real-estate photo updates
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ONE Sotheby’s International Realty & Ashton Coleman | Global Marketing. Local Prestige.

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 fully accurate information that you will understand, implement, and use to build your net worth.

Contact Ashton Coleman:

JADE Beach, JADE Ocean, JADE Signature | August 2016 | Condo Sales, Statistics, Inventory

Jade Ocean Penthouse

JADE Beach, JADE Ocean, JADE Signature | August 2016 | Condo Sales, Statistics, Inventory

Sunny Isles Beach Condo Sales & Statistics

Sunny Isles Beach condo inventory has increased to 1,382 total condos for sale and 136 closed sales in the last 90 days averaging $424 per square foot.

Prices are dropping in our local market but the market has shifted as we find in the most recent Sunny Isles Condo IndexOceanfront real estate market values noticed considerable price gains over the seven years spanning from 2009 to 2015 and now in 2016, we find a strong buyer’s market with prices declining. With new construction (Jade Signature) on the South side of Jade Beach and on the North side (MUSE) of Jade Ocean, the 01 and 08 lines have also decreased in value. While short-term market concerns have some alarmed, smart long term buyers, see past the noise and towards the future of Sunny Isles Beach. Values will again climb with time, but for now, the market is in favor for the buyer. Sunny Isles Beach condo inventory is on the rise. New construction has taken over Collins Avenue with values beginning at $1,250 and as high as $2,500 per square foot.

Last year 292 Sunny Isles oceanfront condos sold (over $500,000) through our MLS database with an average selling price per square foot of $707 and at 93.5 percent of list price. As of August 2016, 135 Sunny Isles Beach condos have sold (over $500,000) with an average sale price per square foot at $670 SP$/PSF – down 6% from $712 SP$/PSF from APR this year.

In a contrast comparison of luxury oceanfront condos on Collins Avenue and priced over $1M, we see 559 condos for sale today with 77 closed sales this year averaging a sales price per square foot of $765 and selling at 88% of list price.

Reviewing the top 10 luxury condo sales from the last 90 days, we find an average sales price per square foot of $969 and an average asking price per square foot of $1,085 PSF.

The Top 10 Sunny Isles Beach luxury condo sales:

JADE Beach Condo Inventory, Sales & Rentals

JADE Beach (17001 Collins Avenue) has 22 (9% inventory) JADE Beach condo resales ranging from $898,000 (B1 Model) to $6.250M for a modern ‘Sky Villa’ (D2 model). The 3-Story JADE Beach penthouse ‘Sky Loft Penthouses’ have sold in 2015 and are no longer listed for sale on the open market.

Jade Beach Condos for Sale  |  Jade Beach Condos for Rent

JADE Beach condos have been in demand given the most desirable location & value with an oceanfront lifestyle experienced only in Miami. The average JADE Beach list price per square foot is down to $1,211 ($1,274 PSF in APR). The 90-day average selling price per square foot shows two sales at $837 and $914 PSF at 470 days on market. JADE Beach condo sales in 2016 reflect 8 resales from $875,000 (B1 Model) to $3.240M (E Model).

This year’s median selling price per square foot reflects $950 at 241 days on market. The record high sale price value this year is $1,055 PSF, $1,378 PSF in 2015 and $1,190 PSF in 2014.

In April, there are 20 JADE Beach condos for rent ranging in asking prices from $3,850 (1BR, B1 model) to $15,900 (D Model). This year, 15 Jade Beach condos rented, ranging in values from $3,500 (B1 Model) to $10,500 (E Model).

JADE Ocean Condo Inventory, Sales & Rentals

JADE Ocean (17121 Collins Avenue) stands among the elite luxury condo towers of Sunny Isles Beach. JADE Ocean has 28 condo resales available today with a few spectacular Jade Ocean Penthouse properties and “sky lofts” listed from $4.5M to $6.495M.  Interiors on these Penthouse units range from 4-5 Bedrooms and from 4,303 to over 5,000 square feet. There are only 2 mirrored image ‘Sky Lofts’ (per Model) in each JADE building, and very few penthouses compare in Sunny Isles Beach.

Today’s resale prices at Jade Ocean begin with B1 & B2 models from $990,000 to $1.199M respectively.

Jade Ocean Condos for Sale  |  Jade Ocean Condos for Rent

JADE Ocean’s average asking price per square foot is at $1,275 ($1,344 in April) and buyers today are finding the selection most attractive. In the last 90 days, two sales have occurred from $1.250M to $4.650M (B2 & D Models). The record high sale price was in 2015 selling over $1,400 per square foot. This year, seven sales occurred with the average selling price per square foot $1,032 at 240 days on market. Last year’s record high sale went to $1,513 per square foot ($1,397 in 2014) while this year, we see $1,267 PSF as we enter a very strong buyer’s market.

There are 27 JADE Ocean rentals listed in August with prices ranging from $4,250 (B1 Model) to $32,000 for a beautifully furnished Jade Ocean Penthouse. This year 11 condos rented ranging in values from $3,300 (B1 model) to an D Model renting at $12,000 unfurnished.

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

JADE Signature Condo

(16901 Collins Avenue) JADE Signature is on its way in 2017 in combining luxury + function + lifestyle in Sunny Isles Beach. Jade Signature will offer incredible floor plans and desirable open outdoor living environments. Construction is ongoing with the crews working full force on the progress of the final addition to the JADE Sunny Isles Condo Trio. Jade Signature Condos are spacious, functional and well, new. I am bullish on the success and demand at Jade Signature!

Jade Signature Condos for Sale

Today’s prices are over $1,350 per square foot – All one bedrooms have sold (waiting list to buy) while only larger 3+ bedrooms remain. Today, approximately 90% of the JADE Signature project has been sold. To inquire about buying a new condo in JADE Signature, contact me for available pricing by inquiring below.

Jade Signature #SunnyIslesBeach #livingontheedge #luxuryredefined #Miami #westartedfromthebottom

A photo posted by Ashton Coleman (@ashtoncoleman) on May 31, 2016 at 11:04am PDT

List Your Property with Ashton Coleman

I provide outstanding exposure with global marketing and a tech-savvy style like no other. Market knowledge goes a long way and customers want to know today’s real estate climate in Sunny Isles Beach. I have a proven track record in Southeast Florida, and I’m available to market your JADE property effectively here on the JADE Condos authority site plus many other websites you’ll find below.

I’m a Miami area real estate specialist with over 14 years of experience. Besides personal marketing, I offer the prestige & reputation of ONE Sotheby’s International Realty with global exposure and marketing channels that are beyond the extraordinary. For further details on a superior marketing strategy and results whether selling or leasing your property, reach out today and let’s begin!

No gimmicks. No pressure. Just professional advice.

  1. Subscribe to the monthly newsletter for valuable updates on Miami’s best neighborhoods
  2. Like Coleman Properties Group on Facebook
  3. Follow AshtonColeman on Instagram for real-estate photo updates
  4. Follow AshtonColeman’s Twitter for the latest in South Florida News
  5. #SnapChat Ashton.Coleman for behind the scenes daily real estate adventures

ONE Sotheby’s International Realty & Ashton Coleman | Global Marketing. Local Prestige.

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 fully accurate information that you will understand, implement, and use to build your net worth.

Contact Ashton Coleman:

JADE Beach, JADE Ocean, JADE Signature Condo Sales, Statistics & Inventory | November 2015

JADE Beach, JADE Ocean, JADE Signature Condo Sales, Statistics & Inventory | November 2015

JADE Condos Sunny Isles Beach

Sunny Isles Beach Luxury Condo Sales & Statistics

Prices are still increasing in our local market but at a slower pace as we see in the most recent Sunny Isles Condo Index. Since the last JADE update in January, we find select inventory appreciating in value and new construction stepping in with values beginning at $1,350 to $2,000 per square foot. Sunny Isles Beach condo inventory has increased to 1,046 total condos for sale and 158 closed sales in the last 90 days averaging $454 per square foot. Last year 354 Sunny Isles oceanfront condos sold over $500,000 USD through our MLS database with an average selling price per square foot of $684. As of November 2015, 258 Sunny Isles Beach condos have sold over $500k with an average sale price per square foot at $713 SP$/PSF. In a contrast comparison of luxury oceanfront condos on Collins Avenue and priced over $1M, we see 384 condos for sale today with 155 closed sales this year averaging a sales price per square foot of $848 and selling at 92% of list price.

If we take the top 10 luxury condo sales from the last 90 days, we find an average sales price per square foot of $1,356 and an average asking price per square foot of $1,455 psf reflecting an average 7% discount for new buyers shopping for luxury real estate in Sunny Isles Beach.

These Top 10 Sunny Isles Beach luxury condo sales were found at:

Oceanfront real estate market values are noting considerable price gains over these last 7 years and what the future holds going into 2016, only time will tell. With new projects released this year, preconstruction and existing condo developments, Sunny Isles Beach condo inventory is increasing while sale to list price ratios are averaging 92% and with 145 days on the market. With new construction (Jade Signature) on the South side of Jade Beach and on the North side (MUSE) of Jade Ocean, the 01 and 08 line values have been stagnant. While short term concerns have many alarmed, smart long term buyers will see past the noise and towards the future of Sunny Isles as values could climb much higher with time, as long as the Ocean & City views are not completely obstructed. The ‘new views’ will be considered East & West alone as the urban transformation allows no other option.

JADE Sunny Isles Condos Trends & Sales 2015

JADE Beach Condo Inventory, Sales & Rentals

JADE Beach (17001 Collins Avenue) has a total of 27 (11% inventory) JADE Beach condos ranging in values from $980,000 (B1 Model) to $10M for a completely remodeled 4 bedroom. The 3-Story JADE Beach penthouse ‘Sky Lofts’ have sold and are no longer available on the open market.

Search Jade Beach Condos for Sale  |  Search Jade Beach Condos for Rent

JADE Beach condos have been in demand given the most desirable location, luxury & value with a lifestyle experienced only in Miami. The average JADE Beach list price per square foot is reflecting $1,247 psf (Up .05% from January Stats) with the 90-day average selling price per square foot reflecting $1,306 at 281 days on market and an 95% sale to list price ratio (5% average buyer discount). JADE Beach condo sales for 2015 reflect only ‘9’ resales from $800,000 (B1 Model at $928 psf) to $7.550M (Penthouse 4905 at $920 per square foot). This year’s average selling price per square foot reflects $1,075 at 148 days on market and an 93% sale to list price ratio. $1,378 per square foot ($1,190 in 2014) was the record high this year.

In November, there are 15 JADE Beach condos for rent ranging in asking prices from $4,200 (B1 model) to $15,000 (4BR, E Model). This year, 17 Jade Beach condos rented, ranging in rented values from $3,500 (B1 Model) to $13,500 (E Model).

JADE Ocean Condo Inventory, Sales & Rentals

JADE Ocean (17121 Collins Avenue)  stands strong among the elite luxury condo towers of Sunny Isles Beach with what remains to be, solid demand. JADE Ocean has 28 condo resales available today with a few spectacular Jade Ocean Penthouse properties and “sky lofts” listed from $5.876M to $7.2M.  Interiors on these Penthouse units range from 4-5 Bedrooms and from 4,303 to over 5,000 square feet. There are only 2 mirrored image ‘Sky Lofts’ (per Model) in each JADE building and few other penthouses quite comparable in Sunny Isles Beach. The asking prices at Jade Ocean condos begin with B1 & B2 models from $1,060,000 to $1.659M.

Search Jade Ocean Condos for Sale  |  Search Jade Ocean Condos for Rent

JADE Ocean’s average asking price per square foot is at $1,421 ($1,444 in January) and today’s buyers are finding the larger model floor plans most attractive setting new record highs at $1,513 PSF for the E Model. In the last 90 days, 4 sales have occurred from $2.020M (C Model) to $2.8M (D Model). Penthouse units #4601 & #4604 sold last year at $6.550M & $7.070M setting a new sale price high for JADE Ocean. This year, 13 sales occurred with sale price values from $950,000 to $3.475M. This year’s average selling price per square foot reflects $1,269 at 165 days on market and an 94% sale to list price ratio. $1,513 per square foot ($1,397 in 2014) was the record high this year.

There are 22 JADE Ocean rentals listed in November with prices ranging from $4,350 (B1 Model) to $32,000 for a beautifully furnished Jade Ocean Penthouse. This year 11 condos rented ranging in values from $4,200 (B1 model) to an E Model renting at $27,000 furnished.

While some prefer JADE Beach as a place to call home, JADE Ocean condos have sold on a higher price point offering clear advantages to many in amenities, luxury & lifestyle. JADE Ocean vs. JADE Beach interior differences are not significant other than kitchen counter finishes (Granite vs. Quartz), slightly better floor plans along with the amount of glass encompassing the walls throughout. Other amenity differences are shown through photos & videos here.

JADE Signature Condo … coming soon

(16901 Collins Avenue) JADE Signature is on its way combining luxury + function + lifestyle in Sunny Isles Beach. The concerns that owners addressed with both Jade Beach & Jade Ocean have now been confronted & cleared at Jade Signature with incredible floor plans offering desirable open outdoor living environments. Construction is ongoing with the crews working full force in the progress of the final addition to the JADE Sunny Isles Condo Trio.

Search Jade Signature Condos for Sale 

More to come, but today’s prices are over $1,400 per square foot – All 1 bedrooms have sold out (waiting list to buy) while only larger 3+ bedrooms remain. Today, approximately 86% of the JADE Signature project has been sold. To inquire on buying a new condo in JADE Signature, call me for available pricing #305.978.7704 or inquire here Jade Signature Condos for Sale.

List Your Property with Ashton Coleman

It’s time to showcase your property to perfection. I provide strong International exposure with global marketing and an Internet savvy style like no other. Local market knowledge goes a very long way as customers want to know the market conditions in Sunny Isles Beach. I have a proven track record along the Miami Beaches and I’m available to market your JADE property effectively here on the JADE Condos authority website & blog plus my many other websites displayed below. Besides personal marketing, I have the prestige & reputation of ONE Sotheby’s International Realty with exposure and marketing channels that are beyond the extraordinary. For further details on a superior marketing strategy and efficient results whether selling or leasing your oceanfront condo, reach out to me today and let’s begin.

If you would like to discuss Miami real estate, please call #305.978.7704. I’m a Miami area real estate specialist with over 12 years of experience.  Since 2002, I’ve marketed, sold & serviced Sunny Isles Beach to South Beach along with Aventura to Coral Gables.  When you’re ready to schedule a meeting with me, contact my office at #888.38.DREAM or simply send me a note here.

In 2010, I released a new addition to the Sunny Isles Beach condo collection with TurnberryOceanColonySunnyIsles.com to replicate the success I’ve had with the JADECondosSunnyIsles.com authority website. Price points at Turnberry Ocean Colony have increased significantly with an exceptional market turnaround. Here you’ll also find new updates, videos & detailed statistics at the Turnberry Ocean Colony blog.

The original MiamiDreamRealty.com is a major performer showcasing the entire luxury Southeast Florida MLS listing database and over 300 Miami condo buildings (500+ customers daily) while the JADE Ocean, JADE Beach & Turnberry Ocean Colony MLS database access contains very accurate JADE Condo listings for anyone looking to buy or rent. Market statistics show us continued appreciation regarding luxury condo sales with trends continuing to show Miami as a strong market going into 2016.

RECEIVE MY BLOG UPDATES DIRECTLY TO YOUR INBOX, SUBSCRIBE HERE!

List Your Property to Sell:

ONE Sotheby’s International Realty & Ashton Coleman | Local Prestige. Global Marketing.

JADE Beach, JADE Ocean, JADE Signature Condo Sales, Statistics, Inventory | June 2014

JADE Beach, JADE Ocean, JADE Signature

Sunny Isles Beach Luxury Condo Sales & Statistics

Prices are still increasing in our local market. Since the last JADE update in April, we find select inventory appreciating in value and new construction stepping in with values beginning at $1,400 – $2,000+ per square foot. Sunny Isles Beach condo inventory has increased to 822 total condos for sale and 213 closed sales in the last 90 days. Last year 387 Sunny Isles oceanfront condos over $500,000 USD sold through our MLS database with an average selling price per square foot of $617. As of June 2014, 373 Sunny Isles Beach condos have sold with an average sale price per square foot at $415 SP$/PSF.

In a contrast comparison of luxury oceanfront condos on Collins Avenue and priced over $1M, we see 261 condos for sale with 80 closed sales this year averaging a sales price per square foot of $778 SP$/SF and selling at 93% of list price. If we take the top 10 luxury condo sales from the last 90 days, we find an average sales price per square foot of $993 (6% down from $1,055 previous post) and an average asking price per square foot of $1,088 psf reflecting an average 9% discount for new buyers shopping for luxury real estate in Sunny Isles Beach. These Top 10 Sunny Isles Beach luxury condo sales were found at JADE Ocean with 1 sale reflecting $1,288 per square foot. Other luxury sales came from Oceania V selling a trophy penthouse at $749 PSF. Turnberry Ocean Colony with 7 sales at $1,078$1,004,$1,004 & $1,043, $950, $847 and $1,025 PSF.

Sunny Isles Beach oceanfront real estate market values are noting considerable price gains over these last 3 years and what the future holds, time will tell. With new projects, preconstruction and condo developments, Sunny Isles Beach condo inventory is increasing while sale to list price ratios are averaging 95% and 85 days on the market for the prior month of May. One thing is for certain the new construction (Jade Signature) on the South side of Jade Beach and the North side (MUSE) of Jade Ocean is jeopardizing values during the development stage while residents undergo considerable noise, dust and new disgruntled competition. I’ll be reporting on trends and values from the 01 line and 08 lines directly facing these new construction towers Jade Signature to the South and MUSE to the North. While short term concerns have many alarmed, smart long term buyers will see past the noise and towards the future of Sunny Isles as values could climb much higher, as long as the views are not obstructed.

JADE Beach, JADE Ocean & JADE Signature Condo Deals & Sales

JADE Beach Condo Inventory, Sales & Rentals

(17001CollinsAvenue.com) There are a total of 25 (10% inventory) JADE Beach resales ranging in values from $850,000 (B1 Model) to $12M. TWO impressive 3-Story JADE Beach penthouse ‘Sky Lofts’ are available today at $9.595M & $10M. Each interior is over 8,200 SF (Contact me for the floor plans). There is also an unreasonably priced $12M D-2 Model on the 47th floor priced at $2,898 per square foot. They paid $2.8M in 2011 and let’s assume there was $3M invested in interior upgrades, then there we go.. $6-7M list price! Maybe I’m missing something in value but so far, my opinion is ‘good luck.’

JADE Beach condos have been in demand given the most desirable location, value and lifestyle experience. The average JADE Beach list price per square foot is reflecting $1,196 psf (Down 5% from April Stats) with the 90 day average selling price per square foot reflecting $1,026 at 125 days on market and an 95% sale to list price ratio (5% average buyer discount). JADE Beach condo sales for 2013 reflect 24 resales from $720k (B1 Model at $835psf) to $7.450M (I Model penthouse at $907 per square foot) setting a record high in JADE Beach ‘sale price’ values. Last years average selling price per square foot reflects $902 at 121 days on market and an 93% sale to list price ratio (7% average buyer discount). So far in 2014, we have 8 sales averaging $1,033 per square foot and 110 days on the market with a 6% buyer discount. $1,190 per square foot is the record high sale value for 2014.

Search Jade Beach Condos for Sale

In June, there are 20 JADE Beach condos for rent ranging in asking prices from $3,700 (B1 model) to $50,000 (Jade Beach 4BR, E Model). Last year, 22 Jade Beach condos rented, ranging in rented values from $3,200 (B1 Model) to $11,500 (Furnished E Model). So far in 2014, only 2 rentals have occurred with a B1 model renting at $3,053 and a C model renting at $5,900.

Search Jade Beach Condos for Rent

JADE Ocean Condo Inventory, Sales & Rentals

(17121CollinsAvenue.com) JADE Ocean stands among the elite luxury condo towers of Sunny Isles Beach with a great demand in ownership. JADE Ocean has 26 condo resales available today with the high prices on FOUR spectacular 2-Story Jade Ocean Trophy properties and “sky lofts” listed from $6.499 to $8.790M with 4-5 Bedrooms and from 4300+ to over 6,500+ square feet. There are only 2 mirrored image ‘Sky Loft’ units per Model in each JADE building and few other penthouses quite comparable in Sunny Isles Beach. The lowest priced resales today begin with a B1 model priced from $1.039M.

JADE Ocean’s average asking price per square foot is at $1,444 ($1,477 in April & $1,482 psf January) and today’s buyers are finding the larger model floor plans most attractive with limited inventory setting new record highs at $3.4M for the E Model. This year, only 3 sales have occurred from $1.9M (C Model), $3.2M (E model) to $7.070M (Jade Ocean Penthouse). Unit #3601 sold in December at $3.4M setting a new record high at $1,200+ per square foot for JADE Ocean. 2013 Selling price per square foot averaged $1,018 while selling at 93% of list and 136 days on market. As of 2014, the average selling price per square foot reflects $1,217 with 194 days on market and buyers getting a 10% discount off asking values.

Search Jade Ocean Condos for Sale

There are 11 JADE Ocean rentals listed in June with prices ranging from $3,700 (B1 Model) to $14,500 for a furnished (D Model) 3 bedroom. This year 9 condos have rented ranging in values from $4,700 (B1 model) to an E Model which rented at $15,900 beautifully furnished.

Search Jade Ocean Condos for Rent

JADE Ocean & JADE Beach interior differences are not so significant other than kitchen counter finishes (Granite vs. Quartz), slightly better floor plans along with the amount of glass encompassing the walls throughout. Other amenity differences are shown through photos & videos here. While some prefer JADE Beach as a place to call home, JADE Ocean condos have always sold on a higher price point offering clear advantages to some in amenities & lifestyle.

JADE Signature Condo … coming soon.

(16901 Collins Avenue) JADE Signature is on its way in making History for luxury + function + lifestyle in Sunny Isles Beach. The concerns that owners addressed between Jade Beach & Jade Ocean have now been confronted at Jade Signature with incredible floor plans & desirable open outdoor living environments. Construction is ongoing with groundbreaking commenced and the crew working full force in the progress of the final addition to the JADE Sunny Isles Condo Trio.

Search Jade Signature Condos for Sale

More to come soon but today’s prices are over $1,400 per square foot increasing with a graduated scale this year as sales continue.. all 1 bedrooms have sold out (with a waiting list to buy) while only larger 3+ bedrooms remain. To buy a condo today at JADE Signature, call me for available pricing #305.978.7704 or inquire here Jade Signature Condos for Sale.

Ready to Sell or Lease Your JADE Condo?

Time to Showcase Your JADE Property. When hiring someone to sell or lease your JADE condo, look for strong International exposure & global marketing. Local market knowledge goes a very long way as customers want to know the market conditions in Sunny Isles Beach. I have a proven track record along the Miami beaches and I’m available to market your property globally right here on the JADE website & blog plus my many other websites seen below. Additionally, I am now with ONE Sotheby’s International Realty with a reputation, exposure and marketing channels beyond the extraordinary. For further details on a superior marketing strategy and efficient results whether selling or leasing your oceanfront condo, reach out to me today and let’s begin.

JADE Ocean

In 2010, I released a new addition to the Sunny Isles Beach condo collection with TurnberryOceanColonySunnyIsles.com to replicate the success and fun I’ve had with the JADECondosSunnyIsles.com authority website. Price points at Turnberry Ocean Colony dropped approximately 20% in 2009 alone and showed us sales as low as $1M in 2009 while sale prices today have increased ~100% with an exceptional market turnaround. Here you’ll also find new updates, videos & detailed statistics at the Turnberry Ocean Colony blog.

The original MiamiDreamRealty.com is a major performer showcasing the entire luxury Southeast Florida MLS listing database and over 220 Miami condo buildings (500+ customers daily) while the JADE Ocean, JADE Beach & Turnberry Ocean Colony MLS database access contains very accurate JADE Condo listings for anyone looking to buy or rent. Leave a comment and let me know your thoughts regarding JADE Beach, JADE Ocean & JADE Signature or any luxury condo tower in Miami. New 2014 statistics show us the latest in sales, facts & trends so stay tuned to the JADE Blog and authority websites below!

If you would like to discuss Miami real estate, please contact my office at 786.27.DREAM or toll free at 888.38.DREAM to make an appointment. I’m a Miami area real estate specialist with over 12 years of experience.  Since 2002, I’ve sold & serviced Sunny Isles Beach to South Beach along with Aventura to Coral Gables.  When you’re ready to schedule a meeting with me, call me directly at #305.978.7704 or send me a note here.

RECEIVE MY BLOG UPDATES DIRECTLY TO YOUR INBOX, SUBSCRIBE HERE!

Don’t Miss Today’s News from Our Other Real Estate Websites & Blogs:

JADE Beach | JADE Ocean | JADE Signature Condo Sales, Statistics & Inventory for April 2014

Sunny Isles Beach Luxury Condo Sales & Statistics

Prices are still increasing in our local market. Since the last JADE update in January, we find premier inventory escalating in value and new construction stepping in with values beginning at $1,400 – $2,000+ per square foot. Sunny Isles Beach condo inventory has increased to 801 total condos for sale and 196 closed sales in the last 90 days.

Last year 387 Sunny Isles oceanfront condos over $500,000 USD sold through our MLS database with an average selling price per square foot of $617. As of April 2014, 104 Sunny Isles Beach condos have sold with an average sale price per square foot at $667 SP$/SF. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $1M, we see 259 condos for sale with 57 closed sales this year averaging a sales price per square foot of $787 SP$/SF and selling at 94% of list price.

If we take the top 10 luxury condo sales from the last 90 days, we find an average sales price per square foot of $1,055 (6% appreciation from $996 previous post) and an average asking price per square foot of $1,146 psf reflecting an averaged 8% discount for new buyers shopping in the Sunny Isles Beach luxury real estate market. These top 10 Sunny Isles Beach luxury condo sales were found at JADE Ocean with 2 sales reflecting $1,288 and $1,085 per square foot. Other luxury sales came from JADE Beach with 1 Sale reflecting $1,190 PSF. Turnberry Ocean Colony with 4 sales at $1,221, $1,004,$950 & $1,024 PSF. Acqualina ($1,057 psf), Trump Palace ($986 psf) and lastly, Oceania V selling a trophy penthouse at $749 per square foot. Sunny Isles Beach oceanfront real estate market values are noting considerable price gains over these last 3 years.

What are the latest sales & the very best condo deals at JADE Ocean & JADE Beach Miami as of April? With new projects, preconstruction and condo developments, Sunny Isles Beach condo inventory is increasing while sale to list price ratios are averaging 95% and 221 days on the market for the prior month of March. JADE Condos specifics..

JADE Beach Condo Inventory, Sales & Rentals

(17001CollinsAvenue.com) There are a total of 23 (9% inventory) JADE Beach resales ranging in values from $850,000 (B1 Model) to TWO impressive 3-Story JADE Beach penthouse ‘Sky Lofts’ now repriced at $9.595M & $8.7M. Each interior is over 8,200 SF (contact me for the floor plans).

JADE Beach condos have been in demand given the most desirable location and lifestyle experience. The average JADE Beach list price per square foot is reflecting $1,196 psf (Up 8% from January Stats) with the 90 day average selling price per square foot reflecting $1,015 at 144 days on market and an 93% sale to list price ratio (7% average buyer discount). JADE Beach condo sales for the year 2013 reflect 24 resales from $720k (B1 Model at $835psf) to $7.450M (I Model penthouse at $907 per square foot) setting a record high in JADE Beach ‘sale price’ values. Last years average selling price per square foot reflects $902 at 121 days on market and an 93% sale to list price ratio (7% average buyer discount).

In April, there are 18 JADE Beach condos for rent ranging in asking prices from $4,500 (B2 model) to $50,000 (Jade Beach 4BR, E Model). Last year, 22 Jade Beach condos rented, ranging in rented values from $3,200 (B1 Model) to $11,500 (Furnished E Model).

JADE Ocean Condo Inventory, Sales & Rentals

(17121CollinsAvenue.com) JADE Ocean stands among the elite luxury condo towers of Sunny Isles Beach with a great demand in ownership. JADE Ocean has 26 condo resales today with the high prices on FOUR spectacular 2-Story Jade Ocean Trophy properties and “sky lofts” listed from $6.975 to $8.790M with 4-5 Bedrooms and from 4300+ to over 6,500+ square feet. There are only 2 mirrored image ‘Sky Loft’ units per Model in each JADE building and few other penthouses quite comparable in Sunny Isles Beach. The lowest priced resales today begin with a B1 model priced from $1.049M. JADE Ocean’s average asking price per square foot is at $1,477 ($1,482 psf January Stats) and today’s buyers are finding the larger model floor plans most attractive with very limited inventory setting new record highs at $3.4M for the E Model. This year, only 2 sales have occurred from $3.2M (E model) to $7.070M (Jade Ocean Penthouse). Unit #3601 sold in December at $3.4M setting a new record high at $1,200+ per square foot for JADE Ocean. 2013 Selling price per square foot averaged $1,018 while selling at 93% of list and 136 days on market.

There are 10 JADE Ocean rentals listed in April with prices ranging from $5,000 (B1 Model) to $14,500 for a furnished (D Model) 3 bedroom. This year 4 condos have rented ranging in values from $4,700 (B1 model) to a C Model which rented at $7,500 furnished.

JADE Ocean & JADE Beach interior differences are not so significant other than kitchen counter finishes (Granite vs. Quartz), slightly better floor plans along with the amount of glass encompassing the walls throughout. Other amenity differences are shown through photos & videos here. While some prefer JADE Beach as a place to call home, JADE Ocean condos have always sold on a significantly higher price point offering clear advantages to some in amenities & lifestyle.

JADE Signature Condo … coming soon.

(16901 Collins Avenue) JADE Signature is on its way in making History for luxury + function. The concerns that owners addressed between Jade Beach & Jade Ocean have now been addressed at Jade Signature with incredible floor plans & outdoor living environments to long for. Construction is ongoing with groundbreaking commenced and the crew working full force in the progress of the final addition to the JADE Sunny Isles Condo Trio.

More to come soon but today’s prices are over $1,437 per square foot with a graduated scale on increases this year as sales continue.. so far, all 1 bedrooms have completely sold while only 2 2 bedrooms remain available. To buy a condo today at JADE Signature, call me for available pricing. 1.888.383.7326 or inquire here Jade Signature Condos for Sale.

New 2014 statistics show us the latest in sales, facts & trends so stay tuned to this JADE Blog and authority site.

Ready to Sell or Lease Your Property at JADE

In Miami, your results are heavily dependent on the broker or Realtor® that you choose to market and sell your luxury condo. When hiring someone to sell or lease your JADE condo, look for strong global marketing with local market knowledge and a proven track record along Sunny Isles Beach. I’m available to market globally right here on the JADE website & blog plus my many other websites such as the MiamiBeachRealEstateBlog.usMiamiDreamRealty.com and the new MiamiPenthousesandEstates.com. For further details on a superior marketing strategy and efficient results whether selling or leasing your oceanfront condo reach out to me today and let’s begin.

In 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 showed us sales as low as $1M in 2009 while sale prices today have increased ~100% and noting an exceptional market turnaround. Here you’ll also find new updates, videos & detailed statistics at the Turnberry Ocean Colony blog.

The original MiamiDreamRealty.com is a major performer showcasing the entire luxury Southeast Florida MLS listing database and over 220 Miami condo buildings (500+ customers daily) while the JADE Ocean, JADE Beach & Turnberry Ocean Colony MLS database access contains very accurate JADE Condo listings for anyone looking to buy or rent. Leave a comment and let me know your thoughts regarding JADE Beach, JADE Ocean & JADE Signature Sunny Isles or any other luxury condo tower along the Miami Beach coastline.

 

Jade Signature Living Rendering

If you would like to discuss Miami real estate, please contact my office at 786.27.DREAM or toll free at 888.38.DREAM to make an appointment. I’m a Miami area real estate specialist.  Since 2002, I have sold & serviced Sunny Isles Beach to South Beach along with Aventura to Coral Gables.  If you would like to schedule a meeting with me, please feel free to call me directly at (305) 978-7704 or send me a note here.

RECEIVE MY BLOG UPDATES DIRECTLY TO YOUR INBOX, SUBSCRIBE HERE!

Don’t Miss Today’s News from Our Other Real Estate Websites & Blogs:

Breaking News.. $11,000,000 Penthouse Goes Pending at JADE Beach Sunny Isles

This JADE Penthouse is the epitome of Sunny Isles Beach luxury.

After only 61 days the JADE Beach sky loft penthouse 4905 went ‘Pending Sale!’ Consisting of 6 bedrooms 7 & a half baths, with over 8,000 interior square feet, this premier JADE Beach residence is setting a new record for Sunny Isles Beach real estate. Today, many Miami luxury oceanfront condos have sold in 2010 with remarkable prices. South Beach and Bal Harbour have noted considerable Penthouse sales in the last 90 days in which every blog savvy agent has reported and now Sunny Isles Beach keeps it’s foot in the sand with this new record sale. At $1,339 asking price per square foot, all eyes will be watching for the final Penthouse sales figure. See the JADE Beach penthouse images & details when I first exposed this magnificent “home” on April 21st!

Want a JADE Beach Penthouse?

There are only 2 like this Penthouse in JADE Beach & 2 like it in JADE Ocean. Call me at 1.888.383.7326 to discuss buying the mirrored image penthouse as decorator ready (approximately $7M). Here is a smaller JADE sky loft #4701 for sale today at $3.895M . Note it is decorator ready needing flooring, paint, closets, lighting & window treatment so the new owner willing to take on the risk & hassle may be the one to make a premium on the resale value.. We will soon see as this amazing JADE penthouse closes setting a new area record worth reporting.

JADE Beach Condos for Sale | JADE Beach Condos for Rent

JADE Ocean Condos for Sale | JADE Ocean Condos for Rent

UPDATE: This Penthouse at JADE Beach is back on the market at $11,400,000 on August 5th, 2010

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

 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.

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