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!

Sunny Isles Beach Luxury Condo Sales & Statistics

A lot has changed with our local market since the last JADE update in 4Q 2010. Sunny Isles Beach condo inventory has decreased to 989 total condos for sale and 53 closed sales in the last 30 days (18 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, 165 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $258 per square foot. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 427 condos for sale with 41 closed sales so far this year averaging a selling price per square foot of $506 psf and selling at 92% of list price. If we take the top 10 of 2011 luxury condo sales, we find an average sales price per square foot of $732 and an average asking price per square foot of $849 psf reflecting an average 12% 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 Acqualina with 3 sales reflecting $945, $822 & $658 per square foot. Turnberry Ocean Colony had 5 sales at $733, $643, $696, $667 & $667 per square foot. Trump Palace had an 09-line sale at $557 psf & I sold a Penthouse at Trump Royale for $530psf. JADE Beach & JADE Ocean had 4 sales at $451, $420, $565 & $577 per square foot.

What are the latest happenings & the very best condo deals at JADE Ocean & JADE Beach Miami in March 2011? Sunny Isles Beach condo inventory has decreased 8% over last month while sale to list price ratios are averaging 92% for the prior month of February. I’ll explore the fine analytics below and continue educating everyone interested in these modern oceanfront condo towers known as JADE Beach & JADE Ocean. On to the March 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 two plus years of occupancy. We now have 35 (14% 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 $712 psf (Up 7% from December) with the average selling price per square foot reflecting $515 at 175 days on market and an 89% sale to list price ratio (11% average buyer discount). JADE Beach condo sales have been reported on the MLS with 12 resale values in 2010 from $470k (B1 Model at $499 psf) to $2M (E Model at $645 per square foot) setting a new record high in resale values.

In March, there are 18 JADE Beach condos for rent ranging in asking prices from $2,800 (#1202 as B2 model) to $10,000 (#3605 as D-model). JADE Beach condo rentals have been in demand as new residents test the local market & JADE Beach lifestyle. To date, 71 Jade Beach condos have rented, ranging in rented values from $2,000 (B1 deals) to $15,000 (#3608); 2 Jade Beach rentals are currently pending contract with #1201 & #801 (A-models) reflecting asking prices of $4,500 & $5,000 respectively.

JADE Ocean Condo Inventory, Sales & Rentals

(17121CollinsAvenue.com) JADE Ocean has great developer inventory with price points hovering in the $600+’s psf. I believe these to be reasonable market values given the latest Sunny Isles Beach condo sales & trends of this luxury condominium tower. Jade Beach took almost 2 years to accomplish a sell out and we’re now approaching the second year of JADE Ocean acquiring its Certificate of Occupancy. There are 19 Jade Ocean condo resales today with the high price on a spectacular 2-Story Jade Ocean Penthouse “sky loft” listed $6.9M with over 5,000 square feet and 4 bedrooms along with a slightly smaller luxury JADE penthouse priced at $4.995M with just over 4,000 total square feet, 4 bedrooms and 4.5 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 resale today is a B-1 model priced at $625,000 and a few B-2 models asking $775k to $925k asking values. JADE Ocean’s average asking price per square foot is at $765 ($779 psf in December) and today’s buyers are finding the developer inventory most attractive in the $600’s per square foot.

There are 15 JADE Ocean rentals listed in March and the prices are ranging from $3,000 (#2506) to $32,900 for a 5 bedroom, 2-Story furnished Penthouse. There have been 24 rented condos ranging in values from $2,575 (B1 model) to $9,500 (E Model) to be solid rental figures in this superior Sunny Isles Beach building. I believe JADE Ocean will sell out this year and will blog on updates as each report shows us new 2011 figures.

JADE Ocean & JADE Beach interior differences are not significant other than kitchen counter finishes (Granite vs. Quartz) while other amenity differences are uncovered through photos & videos here while the frequent blog research shows us true market values. New monthly sales statistics show us the latest sales, facts & trends so please 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 & lifestyle. It seems as though Fortune amended the asking prices quite well to todays Sunny Isles Beach oceanfront market values. The residential low end market is noting considerable price gains as inventory decreases and sales increase under $300k. JADE Ocean stands among the elite luxury condo towers of Sunny Isles Beach with an enormous International demand.

I’m Available to Showcase 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 properly. When hiring someone to sell or lease your JADE condo, look for strong global marketing with local market knowledge and a proven track record selling 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 prices today begin at $1.390M 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 with 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 sale and 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!

Sunny Isles Beach Luxury Condo Sales & Statistics

Sunny Isles Beach condo inventory increased last month to 1,127 total condos for sale and 46 closed sales in the last 30 days (24.5 month supply). So far in 2010, 451 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $241 per square foot. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 490 condos for sale with 121 closed sales so far this year averaging a selling price per square foot of $422 psf and selling at 89% of list price. If we take the top 10% of 2010 luxury condo sales, we find an average sales price per square foot of $652 and an average asking price per square foot of $755 psf 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. The top 10 Sunny Isles Beach luxury condo sales from the last 90 days were found at Acqualina with 2 sales reflecting $784 & $714 per square foot. Turnberry Ocean Colony had 6 sales at $733, $643, $625, $605, $551 & $704 per square foot. JADE Beach #4501 sold at $2M ($645 SP/SF) setting a new record ‘resale’ high..

What are the latest happenings & the very best condo deals at JADE Ocean & JADE Beach Miami in August 2010? Sunny Isles Beach condo inventory has decreased 11% year to date while sale to list price ratios are averaging 94% for the month of July. I’ll explore the fine analytics below and continue educating everyone interested in these modern oceanfront condo towers known as JADE Beach & JADE Ocean. On to the August 2010 JADE Condo details…

JADE Beach Condo Inventory, Sales & Rentals

(17001CollinsAvenue.com) Fortune has sold out of their remaining inventory as of 2010 1Q after almost two years of occupancy and we now have 42 (17% inventory) JADE Beach resales ranging in values from $499,000 (Low Floor B1 Model) to an impressive JADE Beach penthouse ‘Sky Loft’ resale priced at $11.4M (3 Story Jade Beach I line Penthouse). The average JADE Beach list price per square foot is reflecting $646 psf (Down 3% from June) with the average selling price per square foot reflecting $476 at 160 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 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 inquiries have not ceased on the only JADE Beach short sale #1104D which is still pending short sale approval. I expect #1104 to eventually 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 9+ months!

JADE Beach condo rentals have been in demand as new residents test the local market & JADE Beach lifestyle. To date, 50 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 $2,800 (#1603) to $14,000 (#3608) Note; the owner’s representative at Affinity Realty Group needs to change the status on #3608 as it’s been pending for months now. There are 22 JADE Beach condos for rent ranging in asking prices from $2,850 (03 line as B1 model) to $9,000 (#4005 as D model).

JADE Ocean Condo Inventory, Sales & Rentals

(17121CollinsAvenue.com) JADE Ocean has remaining developer inventory with price points hovering in the $600+’s psf. I believe these to be reasonable market values given the uber luxury product with new County records now reflecting 110 recorded deeds or 44% sold. Please Note: there are more sales than this as Miami Dade County takes forever to record new deeds. Jade Beach took almost 2 years to accomplish a sell out and we’re now entering the 13th month of JADE Ocean acquiring its Certificate of Occupancy. There are 13 Jade Ocean condo resales today with the high price on a spectacular 2 Story Jade Ocean Penthouse “sky loft” listed $5.495M with over 5,000 square feet and 4 bedrooms along with a slightly smaller luxury JADE penthouse priced at $3M with just over 3,700 total square feet, 3 bedrooms and 3.5 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 resale today is a B2 model priced at $975k which is 33% over JADE Beach (B2 model) asking values. JADE Ocean’s average asking price per square foot is at ~$757 ($743 psf in June) and today’s buyers are finding the developer inventory most attractive in the $600’s per square foot. Differences in JADE Ocean & JADE Beach will be dissected through photos & video this year while the frequent research shows us true market values with new monthly sales statistics show us the latest sales, facts & trends so please stay tuned.

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 and sales increase under $250k. Talk of sold 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 hoping to increase 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 with an enormous International demand.

There are 13 JADE Ocean rentals listed via MLS and the prices are ranging from $3,500 (#1203) to $7,100 for a 3 bedroom (A model). There have been 9 rented condos ranging in values from $2,400 (B1 model) to $6,500 (E Model) to be solid starting figures in a superior building. I believe JADE Ocean will have a very strong finish by the end of 2010 and will make notes as each month shows us new figures.

I’m Available to Market Your Property at JADE

In Miami, it’s not so much the brokerage name recognition as it is in New York but instead more so dependent on the agent or Realtor® you decide to hire to expose your property properly. When hiring someone to sell or lease your JADE condo, look for strong global marketing with local market knowledge and a proven track record selling luxury condos along Sunny Isles Beach. I’m ready to get started and accepting new JADE Condo listings to market globally here and on my many other sites so please visit (5 Step Marketing) me for further details on a superior 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 the JADECondosSunnyIsles.com authority site. Price points at Turnberry Ocean Colony dropped approximately 20% in 2009 alone and have shown us sales as low as $1M last year while prices today begin at $1.390M and noting fast turnaround with 4 condos under contract this month. 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 MLS listing database while the JADE Ocean, JADE Beach & Turnberry Ocean Colony MLS database access has now also been revamped. 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. Enjoy and thank you for visiting!

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

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

JADE Ocean Penthouse | JADE Beach Penthouse

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

JADE Beach & JADE Ocean Condo Sales, STATS & Trends

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

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

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

JADE Beach Condo Sales & Rentals

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

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

JADE Ocean Condo Sales & Rentals

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

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

Sunny Isles Beach Luxury Condo Sales Statistics

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

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

The truth is in the numbers 1.888.383.7326 or direct 786.273.7326.

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

Jade Beach | Jade Ocean

Jade Beach & Jade Ocean Condos Sales, STATS & Trends

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

JADE Beach Condos Sales & Rentals

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

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

JADE Ocean Condos Sales & Rentals

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

Sunny Isles Beach Luxury Condo Sales Statistics

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

The truth is in the numbers 1.888.383.7326 or direct 786.273.7326.

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

Jade Ocean Miami

  Imagine a club created to make life that much easier, that much richer and much more fun, a club for those who believe that life is too short to waste time on the mundane or second best. Quintessentially is that club with an unmatched concierge service and part of the world’s leading luxury lifestyle group. As a JADE Ocean Condo owner, you now belong.

  With offices in most every major destination and thousands of worldwide suppliers, Quintessentially can hand you virtual keys to any city. This membership is your passport to the very best life has to offer. JADE Ocean condo owners are given a membership card which brings with it a huge variety of benefits many of which are worth a great deal of money. Besides these monetary advantages, membership also brings the chance to enjoy a collection of goods, services, treats and practical help that will make a serious difference in your life and your families. 

 This concierge service company will not only solve most of your pressing problems such as where to find a present in a hurry, where is the best nanny, the best restaurant in town but also, Quintessentially will save you money and help make the most of your precious time. Ready for front row seats, chartered yachts, impossible tickets, reservations, film premiers, charity galas and VIP parties, your now included and pampered. Quintessentially has the means to sort it out for you and now this private members club is included with your ownership at JADE Ocean Sunny Isles Beach.

 Whether it be travel, music, art, food, drink, hotels, clubs, spas, restaurants or any type service you request, you have the commitment to the notion that quality matters. No matter where you are in the world, 24 hours a day, 365 days each year, Quintessentially will assist with all your needs, however extraordinary or difficult they may be. If your interested in owning at JADE Ocean, contact us today for pricing on available condo residences including the trophy JADE Ocean Penthouse and other amazing Sunny Isles residences. Info@JadeCondosSunnyIsles.com or toll free 1.888.383.7326.

JADE Beach Condos

instead, an independent sales associate and JADE website reporting on my understanding, thoughts and opinions of JADE Beach & JADE Ocean Condos. Just the other day I received an email from the developers attorney telling me to cease & desist the advertising and JADECondosSunnyIsles.com website. Just after that, the JADE Sales Director called… I must say each of them was very friendly and

As for the JADE Beach development, It’s coming along quite well with 49% already closed and many more closing each week. Each time I enter the lobby, I see more and more happy thrilled new JADE buyers along with an exceptional staff that goes above and beyond to service each and every visitor. JADE Sunny Isles is truly one of a kind. I will have new photos of the lobby and amenity areas very soon. A Brilliantly design and uber modern development awaits you here with prices starting in the $700′s. The pool hasn’t yet opened so the seagulls are taking full advantage enjoying the warm aqua blue waters.

The Ultimate Penthouse. I was informed the JADE Beach Penthouses have all sold out and range from $5 upwards to 10M. The majority of my readers will probably be thinking these prices are extreme but not quite extreme as the JADE Penthouse itself. I assure you there is nothing like the JADE Penthouses ever seen and they are trophy properties. For the elite buyer ready to celebrate your successes, look no further for a very rare Penthouse of South Florida. I do have news that JADE Ocean has a few select JADE Ocean Penthouses upwards of $8 to 13M, far superior to the JADE Beach Penthouse, and still available. I expect these to appreciate significantly once finished out both the JADE Ocean building and interior JADE Ocean Penthouse residence. Look for a new JADE Blog posting related to these unique Penthouses coming soon!

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 brand new and 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, 3 & 4 Bedrooms. To subscribe to this new JADE Condos Miami resource, use the Really Simple Syndication (RSS) feed or have emails sent directly to you after each new JADE Blog posting. To do this, it’s easy, just click the link found in the upper right corner. For more information, call us toll free at 1.888.383.7326 or email at Info@JADECondosSunnyIsles.com