Tag Archives: Miami Luxury Condos

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.

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Luxury Condos, Penthouses, & Waterfront Homes:

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You are a client – not a customer:

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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
  4. Follow AshtonColeman’s Twitter for the latest in South Florida News

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: