Tag Archives: Sunny Isles Beach Condo

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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You are a client – not a customer:

  • Clients are under the protection of another
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Knowledge is protection. As a client, you can expect fully accurate information that you will understand, implement, and use to build your net worth.

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:

JADE Beach, JADE Ocean, JADE Signature Condo Sales, Statistics & Inventory | April 2016

Jade Condos Sunny Isles Beach Miami

Sunny Isles Beach Condo Sales & Statistics

Prices are still elevated up in our local market but the market has shifted as we find in the most recent Sunny Isles Condo Index. Sunny Isles Beach condo inventory has increased to 1,352 total condos for sale and 135 closed sales in the last 90 days averaging $431 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 April 2016, 63 Sunny Isles Beach condos have sold over $500k with an average sale price per square foot at $712 SP$/PSF.

In a contrast comparison of luxury oceanfront condos on Collins Avenue and priced over $1M, we see 473 condos for sale today with 34 closed sales this year averaging a sales price per square foot of $784 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 $965 and an average asking price per square foot of $1,174 PSF. Additionally, there was a 12 percent discount average for new buyers shopping for luxury real estate in Sunny Isles Beach.

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

Oceanfront real estate market values noticed considerable price gains over the seven years spanning from 2009 to 2015 and what the future holds in 2016, only time will tell. 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 decreased in value. While short-term concerns have some alarmed, smart long term buyers, see past the noise and towards the future of Sunny Isles. Values will again climb with time, but for now, the market is in favor for the buyer. Since the last JADE Condo update in November, we find Sunny Isles Beach condo inventory 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.

JADE Sunny Isles Condos Trends & Sales 2016

JADE Beach Condo Inventory, Sales & Rentals

JADE Beach (17001 Collins Avenue) has a total of 25 (10% inventory) JADE Beach condos ranging in values from $895,000 (B1 Model) to $10M for a remodeled four bedroom. The 3-Story JADE Beach penthouse ‘Sky Loft Penthouses’ have sold and are no longer listed for sale on the open market. For off-market opportunities, contact me.

Search Jade Beach Condos for Sale  |  Search 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 reflecting $1,274 PSF (Up 2% from November Stats), The 90-day average selling price per square foot reflecting $951 at 224 days on market. JADE Beach condo sales for 2016 reflect six resales from $875,000 (B1 Model #1203 sold at $1,015 PSF) to $1.950M (D Model #1005 sold at $800 per square foot).

This year’s median selling price per square foot reflects $997 at 123 days on market and a 97% sale to list price ratio. Record high sale price values last year went to $1,378 per square foot ($1,190 in 2014).

In April, there are 18 JADE Beach condos for rent ranging in asking prices from $3,900 (1BR, B1 model) to $15,000 (4BR, E Model). This year, 2 Jade Beach condos rented, with both reflecting rental values of $9,000/month.

JADE Ocean Condo Inventory, Sales & Rentals

JADE Ocean (17121 Collins Avenue) continues to stands among the elite luxury condo towers of Sunny Isles Beach. JADE Ocean has 36 condo resales available today with a few spectacular Jade Ocean Penthouse properties and “sky lofts” listed from $5.1M 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 only a few other penthouses compare in Sunny Isles Beach.

The asking prices at Jade Ocean today begin with B1 & B2 models from $775,000 to $1.349M respectively.

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

JADE Ocean’s average asking price per square foot is at $1,344 ($1,421 in November) and buyers today are finding the selection most attractive. In the last 90 days, two sales have occurred from $1.8M to $2.3M (both A Models). Three units sold last year setting a new sale price high for JADE Ocean over $1,400 per square foot. This year, just three sales occurred with the average selling price per square foot $817 at 187 days on market. Last years record high sale went to $1,513 per square foot ($1,397 in 2014) while so far this year, we see $1,009 PSF as we enter a very strong buyer’s market.

There are 28 JADE Ocean rentals listed in April with prices ranging from $4,500 (B1 Model) to $32,000 for a beautifully furnished Jade Ocean Penthouse. This year seven condos rented ranging in values from $3,900 (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 time and time again sold at a higher price point offering clear advantages to many.

JADE Signature Condo … coming soon

(16901 Collins Avenue) JADE Signature is on its way 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!

Search 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 88% 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

It’s time to showcase your property to perfection, and that’s what we offer. I also provide outstanding International exposure with global marketing and an Internet savvy style like no other. Local market knowledge goes a long way as customers want to know 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 site plus many other websites you’ll find listed below.

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 oceanfront condo, reach out to me today and let’s begin!

When you’re ready to discuss Miami real estate, I’m easily reachable at #305.978.7704. I’m a Miami area real estate specialist with over 14 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 buy, sell or lease in Miami-Dade or Fort Lauderdale, contact me at #888.38.DREAM. No gimmicks. No pressure. Just professional advice.

The original MiamiDreamRealty.com is a major performer showcasing the entire luxury Southeast Florida MLS listing database and over 300 Miami condo buildings while the JADE & Turnberry Ocean Colony MLS database access contains very accurate JADE Condo listings for anyone looking to buy or rent. In 2010, I released TurnberryOceanColonySunnyIsles.com to replicate the research I’ve done with the JADECondosSunnyIsles.com authority site. Here you’ll also find new updates, videos & detailed statistics at the Turnberry Ocean Colony blog.

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

Sunny Isles Beach Luxury Condo Sales & Statistics

Sunny Isles Beach condo inventory increased last month to 1,135 total condos for sale and 61 closed sales in the last 30 days (18.6 month supply). So far in 2010, 589 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $257 per square foot. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 461 condos for sale with 140 closed sales so far this year averaging a selling price per square foot of $492 psf and selling at 90% of list price.

If we take the top 10% of 2010 luxury condo sales, we find an average sales price per square foot of $697 and an average asking price per square foot of $796 psf reflecting an average 12% discount for new buyers in the Sunny Isles Beach luxury real estate market. Last year, 161 oceanfront condos sold over $500k (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 5 sales reflecting $837, $731, $713, $613 & $603 per square foot. Turnberry Ocean Colony had 4 sales at $758, $675, $625 & $605 per square foot. JADE Beach #3008 sold at $1.495M ($572 SP/SF) showing another great E-model value..

What are the latest happenings & the very best condo deals at JADE Ocean & JADE Beach Miami in October 2010? Sunny Isles Beach condo inventory has decreased only 3% year to date while sale to list price ratios are up averaging 96% for the month of September. 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 October 2010 JADE Condo details…

JADE Beach Condo Inventory, Sales & Rentals

(17001CollinsAvenue.com) JADE Beach condos are sold out of Fortune’s developer inventory (2010) after almost two years of occupancy. We now have 40 (16% inventory) JADE Beach condo resales ranging in values from $495,000 (Low Floor B1 Model) to an impressive JADE Beach penthouse ‘Sky Loft’ resale priced at $11.4M (3 Story I-line Penthouse). The average JADE Beach list price per square foot is reflecting $660 psf (Up 2% from August) with the average selling price per square foot reflecting $501 at 186 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 9 resale values in 2010 (YTD) from $565k (B1 Model at $466 psf) to $2M (E Model at $645 per square foot) setting a new record high in resale values. The long awaited JADE Beach short sale #1104D has closed and as expected, #1104D (Jade Beach short sale) took 7 months for approval and was sold over the asking price closing July 30th at $910,000 with D-lines ranging in sold values from $910k (short sale), $990k, $1.150M to $1.4M in 2010.

JADE Beach condo rentals have been in demand as new residents test the local market & JADE Beach lifestyle. To date, 59 Jade Beach condos have rented, ranging in rented values from $2,000 (B1 deals) to $15,000 (#3608); 1 Jade Beach rental is currently under contract with #1707 (B2-model) reflecting an asking price of $2,900. In October, there are 23 JADE Beach condos for rent ranging in asking prices from $2,800 (#2106 as B1 model) to $8,200 (#3208 as E-model).

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 uber-luxury condominium tower. Jade Beach took almost 2 years to accomplish a sell out and we’re now entering the 15th month of JADE Ocean acquiring its Certificate of Occupancy. There are 14 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 B-2 model priced at $899,900 which is 28% over JADE Beach (B2 model) asking values. JADE Ocean’s average asking price per square foot is at $779 ($757 psf in September) 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 uncovered through photos & videos this year while the frequent research shows us true market values. New monthly sales statistics show us the latest sales, facts & trends so please stay tuned to this JADE 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, the FDIC & Starwood amended the asking prices and adjusted to today’s 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 15 JADE Ocean rentals listed in October and the prices are ranging from $3,000 (#2506) to $38,900 for a 5 bedroom, 2-Story furnished Penthouse. There have been 14 rented condos ranging in values from $2,575 (B1 model) to $6,500 (E Model) to be very solid starting figures in a superior Sunny Isles Beach building. I believe JADE Ocean will have a great finish by the end of 2010 and will make notes as each statistic report shows us new figures.

I’m Now 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 websites so please visit (Visit 5 Step Marketing) 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 Turnberry Ocean Colony Sunny Isles.com website to replicate the fun & success I’ve had with the JADE Condos Sunny Isles.com authority site. Price points on condo resales 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 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 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!

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

Sunny Isles Beach Luxury Condo Sales & Statistics

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

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

JADE Beach Condo Inventory, Sales & Rentals

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

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

JADE Ocean Condo Inventory, Sales & Rentals

(17121CollinsAvenue.com) JADE Ocean has remaining developer inventory at price points hovering in the $600+’s psf. I do believe this to be market values given the uber luxury product with new County records now reflecting 109 recorded deeds (Up 3% since May) or 44% sold. Please Note: there are more sales than this as Miami Dade County takes awhile to record new deeds. Jade Beach took almost 2 years to accomplish a sell out and we’re now entering the 11th month of JADE Ocean acquiring its Certificate of Occupancy. There are 11 Jade Ocean condo resales today with the high price on a spectacular 2 Story Jade Ocean Penthouse “sky loft” listed November 20th at $2.7M (now priced at $3M) with just over 3,700 total square feet, 3 bedrooms and 3.5 baths.. There are only 2 (C-2’s) in the building and no other penthouses comparable in Sunny Isles Beach other than JADE Beach. The lowest priced resale is a B1 model increased in price from $625k to $684k which is 27% over JADE Beach (B1 model) asking values. JADE Ocean’s average asking price per square foot is at ~$743 ($717 psf in May) and today’s buyers are finding the developer inventory moist attractive in the $600’s per square foot. Differences in JADE Ocean & JADE Beach will be dissected this year showing us true market values while new monthly sales statistics show us the latest sales, facts & trends.

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

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

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

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

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

All figures derived from the Southeast Florida Regional MLS service

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

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

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

JADE Beach Condo Inventory, Sales & Rentals

(http://17001CollinsAvenue.com) JADE Beach developer (Fortune) has sold out after almost two years of occupancy and we are awaiting word of it turned over to the condo board. We now have 43 (17%) JADE Beach resales ranging in values from $510,000 (Low Floor B1 Model) to an impressive JADE Beach penthouse listing priced at $11M (2 Story Jade Beach Trophy Penthouse). JADE Beach condo sales have been reported on the MLS with values from $468k (B1 Model at $468 psf) to $1.420M (E Model at $442 per square foot). This has been the established pricing trend, in the $400’s, for Jade Beach. The average JADE Beach list price per square foot is reflecting $670 psf (Up 3% over March) with the average selling price per square foot reflecting $449 at 153 days on market and an 89% sale to list price ratio (11% average buyer discount). The inquiries have not ceased on the only JADE Beach short sale #1104D which is still pending short sale approval. I do expect it to sell over asking price as $865k may prove to be a “teaser price” with D line values now ranging in sold values from $990k to $1.2M in 2010. This went pending in December and short sales can take an easy 6-9 months!

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

JADE Ocean Condo Inventory, Sales & Rentals

(http://17121CollinsAvenue.com) JADE Ocean has price points by the developer hovering in the $600+’s psf. I do believe this to be market values given the uber luxury product with new County records now reflecting 106 recorded deeds (Up 11% since March) or 44% sold. Please Note: there are more sales than this as Miami Dade County takes awhile to record deeds. Jade Beach took almost 2 years to accomplish a sell out and we’re now entering the 10th month of JADE Ocean acquiring its Certificate of Occupancy. There are 11 Jade Ocean resales today with the high price on a spectacular 2 Story Jade Ocean Penthouse “sky loft” listed November 20th at $2.7M (now priced at $2.8M) with just over 3,700 total square feet, 3 bedrooms and 3.5 baths.. There are only 2 (C-2’s) in the building and no other penthouses comparable in Sunny Isles Beach other than JADE Beach. The lowest priced resale is a B1 model priced at $625k which is 18% over Jade Beach B1 asking values. With an average asking price per square foot of ~$717 ($747 psf in March), reflective for JADE Ocean, we should soon see new activity. This is the critical curve separating value differences between each tower that I’m interested in deciphering. Differences will be dissected this year showing us what truly is market values while sales statistics show us the latest sales, facts & trends.

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

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

Sunny Isles Beach Luxury Condo Sales & Statistics

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

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

JADE Ocean Swimming Pool

JADE Beach & JADE Ocean Condo Sales, Stats & Inventory for 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.

JADE Ocean Condos for SaleJADE Beach Condos for Sale & Rent

Jade Condos Sunny Isles Beach

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

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

JADE Beach & JADE Ocean Condo Sales, STATS & Trends

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

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

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

JADE Beach Condo Sales & Rentals

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

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

JADE Ocean Condo Sales & Rentals

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

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

Sunny Isles Beach Luxury Condo Sales Statistics

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

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

The truth is in the numbers 1.888.383.7326 or direct 786.273.7326.

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

Jade Ocean Model