Tag Archives: Jade Beach Condos

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

JADE Beach, JADE Ocean, JADE Signature

Sunny Isles Beach Luxury Condo Sales & Statistics

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

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

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

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

JADE Beach Condo Inventory, Sales & Rentals

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

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

Search Jade Beach Condos for Sale

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

Search Jade Beach Condos for Rent

JADE Ocean Condo Inventory, Sales & Rentals

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

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

Search Jade Ocean Condos for Sale

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

Search Jade Ocean Condos for Rent

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

JADE Signature Condo … coming soon.

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

Search Jade Signature Condos for Sale

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

Ready to Sell or Lease Your JADE Condo?

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

JADE Ocean

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

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

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

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

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

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

Sunny Isles Beach Luxury Condo Sales & Statistics

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

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

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

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

JADE Beach Condo Inventory, Sales & Rentals

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

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

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

JADE Ocean Condo Inventory, Sales & Rentals

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

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

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

JADE Signature Condo … coming soon.

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

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

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

Ready to Sell or Lease Your Property at JADE

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

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

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

 

Jade Signature Living Rendering

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

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

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

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

Sunny Isles Beach Luxury Condo Sales & Statistics

Prices are still on the increase in our local market and since the last JADE update in 2013 as the premier inventory escalates in value and new construction steps in with values beginning at $1,400 – $2,000+ per square foot. Sunny Isles Beach condo inventory has increased to 684 total condos for sale and 187 closed sales in the last 90 days.

Last year 381 Sunny Isles oceanfront condos over $500,000 USD sold through our MLS database with an average selling price per square foot of $617. As of January 2014, only 4 Sunny Isles Beach condos have sold with an average sale price per square foot at $676 SP$/SF. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $1M, we see 208 condos for sale with 184 closed sales last year averaging a sales price per square foot of $755 SP$/SF and selling at 93% of list price.

If we take the top 10 luxury condo sales from the last 90 days, we find an average sales price per square foot of $996 (Down from $1,125 previous post) and an average asking price per square foot of $1,071 psf reflecting an averaged 7% discount for new buyers shopping in the Sunny Isles Beach luxury real estate market. These top 10 Sunny Isles Beach luxury condo sales were found at JADE Ocean with 1 sale reflecting $1,204 per square foot. Other luxury sales came from JADE Beach with 2 Sales reflecting $1,065 & $1,086 PSF. Turnberry Ocean Colony with 2 sales at $935 & $1,092 PSF. Trump Tower I & III ($831 psf & $786 respectively), Acqualina ($1,107 psf), Trump Palace ($955 psf) and lastly, Trump Royale selling at $904 per square foot. Sunny Isles Beach oceanfront real estate market values are noting considerable price gains over these last 3 years.

What are the latest sales & the very best condo deals at JADE Ocean & JADE Beach Miami as of January? With new projects and condo developments, Sunny Isles Beach condo inventory is increasing while sale to list price ratios are averaging 97% and 127 days on the market for the prior month of December. More details pertaining to JADE Condos..

JADE Beach Condo Inventory, Sales & Rentals

(17001CollinsAvenue.com) There are a total of 18 (7% inventory) JADE Beach resales ranging in values from $850,000 (B1 Model) to TWO impressive 3-Story JADE Beach penthouse ‘Sky Lofts’ reduced and now priced at $9.595M & $8.7M  with both interiors at 8,210 SF (Contact me for the Floor Plans).

JADE Beach condos have been in demand given the most desirable location and lifestyle experience. The average JADE Beach list price per square foot is reflecting $1,098 psf (Up 1% from 2013 Stats) with the 90 day average selling price per square foot reflecting $976 at 105 days on market and an 90% sale to list price ratio (10% average buyer discount). JADE Beach condo sales for the year 2013 reflect 24 resales from $720k (B1 Model at $835psf) to $7.450M (I Model penthouse at $907 per square foot) setting a record high in JADE Beach ‘sale price’ values. Last years average selling price per square foot reflects $902 at 121 days on market and an 93% sale to list price ratio (7% average buyer discount).

In January, there are 11 JADE Beach condos for rent ranging in asking prices from $3,700 (B1 model) to $20,000 (Jade Beach 4BR, E Model). Last year, 22 Jade Beach condos rented, ranging in rented values from $3,200 (B1 Model) to $11,500 (Furnished E Model).

JADE Ocean Condo Inventory, Sales & Rentals

(17121CollinsAvenue.com) JADE Ocean stands among the elite luxury condo towers of Sunny Isles Beach with a great demand in ownership. JADE Ocean has 12 condo resales today with the high prices on two spectacular 2-Story Jade Ocean Penthouse “sky lofts” listed $9.450M & $9.350M with 5 Bedrooms and over 6,500 square feet. There are only 2 mirrored image Sky Lofts per Model in each JADE building and few other penthouses comparable in Sunny Isles Beach. The lowest priced resales today begin with a B1 model priced from $1.099M. JADE Ocean’s average asking price per square foot is at $1,482 ($1,443 psf 2013 Stats) and today’s buyers are finding the larger model floor plans most attractive with very limited inventory setting new record highs at $3.4M for the E Model. Last year, 20 sales occurred from $885k to $3.4M. Unit #3601 sold last month at $3.4M setting a new record high at $1,204 per square foot for JADE Ocean. Also, the 2013 Selling price per square foot averaged $1,018 while selling at 93% of list and 136 days on market.

There are 10 JADE Ocean rentals listed in January with prices ranging from $5,000 (B2 Model) to $32,500 for a furnished (Penthouse) 4 bedroom. Last year, there were 15 rented condos ranging in values from $3,000 (B1 model) to an E Model which rented at $16,000 furnished.

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 shown through photos & videos here. While some prefer JADE Beach as a place to call home, JADE Ocean condos have always sold on a significantly higher price point offering clear advantages in amenities & lifestyle.

JADE Signature Condocoming soon.

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

More to come soon but today’s prices are over $1,400 per square foot with a graduated scale on increases this year as sales continue.. to reserve a condo at JADE Signature call me today for the very best in pricing. 1.888.383.7326 to inquire on Jade Signature Condos for Sale.

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

Ready to Sell or Lease Your Property at JADE

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

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

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

Jade Beach 802 Views

JADE Beach | JADE Ocean Condo Sales, Statistics & Inventory for October 2013

Sunny Isles Beach Luxury Condo Sales & Statistics

A lot is changing with our local market and since the last JADE update in 2012, the premier inventory escalates in value and new construction steps in with values beginning at $1,400 per square foot. Sunny Isles Beach condo inventory has increased to 614 total condos for sale and 214 closed sales in the last 90 days (~10 month supply).

Last year 367 Sunny Isles oceanfront condos over $500,000USD sold through our MLS database with an average selling price per square foot of $538. As of October 2013, 288 Sunny Isles Beach condos have sold with an average sale price per square foot at $610 SP$/SF. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 268 condos for sale with 265 closed sales this year averaging a sales price per square foot of $620 SP$/SF and selling at 94% of list price.

If we take the top 10 luxury condo sales this year, we find an average sales price per square foot of $1,125 (Up from $789 previous post or 30%) and an average asking price per square foot of $1,270 psf reflecting an averaged 11% discount for new buyers shopping 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 $1009, $1112, $1138, $1138 & $921 per square foot. other luxury sales within the top 10 came from Turnberry Ocean Colony ($901 psf), Trump Tower III ($956 psf), Acqualina ($1,126 & $1,824 psf) and Trump Palace ($1,286 psf).

What are the latest sales & the very best condo deals at JADE Ocean & JADE Beach Miami as of October 2013? With new projects and condo developments, Sunny Isles Beach condo inventory has increased 10% year to date while sale to list price ratios are averaging 96% and 108 days on the market for the prior month of September. More details pertaining to JADE Condos..

JADE Beach Condo Inventory, Sales & Rentals

(17001CollinsAvenue.com) There are a total of 15 (6% inventory) JADE Beach resales ranging in values from $929,000 (B1 Model) to TWO impressive 3-Story JADE Beach penthouse ‘Sky Lofts’ reduced and now priced at $9.595M & $8.7M  with both interiors at 8,210 SF (Contact me for the Jade Beach I- Line Penthouse Floor Plans).

JADE Beach condos have been in demand given the most desirable location and lifestyle experience found only here. The average JADE Beach list price per square foot is reflecting $1,095 psf (Up 32% from 2012 Stats) with the 90 day average selling price per square foot reflecting $851 at 95 days on market and an 97% sale to list price ratio (3% average buyer discount). JADE Beach condo sales for the year 2013 reflect 16 resales from $720k (B1 Model at $835psf) to $7.450M (I Model penthouse at $907 per square foot) setting a record high in JADE Beach ‘sold’ values. This years average selling price per square foot reflects $869 at 129 days on market and an 94% sale to list price ratio (6% average buyer discount)

In October, there are 13 JADE Beach condos for rent ranging in asking prices from $4,500 (B2 model) to $20,000 (Jade Beach 4BR, E Model). Year to date, 16 Jade Beach condos have rented, ranging in rented values from $3,200 (B1 Model) to $11,500 (Furnished E Model).

JADE Ocean Condo Inventory, Sales & Rentals

(17121CollinsAvenue.com) JADE Ocean stands among the elite luxury condo towers of Sunny Isles Beach with a great demand in ownership. JADE Ocean has 9 condo resales today with the high prices on two spectacular 2-Story Jade Ocean Penthouse “sky lofts” listed $9.450M & $9.350M with 5 Bedrooms and over 6,500 square feet. There are only 2 mirrored image Sky Lofts per Model in each JADE building and few other penthouses comparable in Sunny Isles Beach. The lowest priced resales today begin with a B-2 model priced from $1.350M. JADE Ocean’s average asking price per square foot is at $1,443 ($1,120 psf 2012 Stats) and today’s buyers are finding the D & E Models most attractive with very limited inventory setting new record highs at $2.9M. Year to date, 15 sales have occurred from $885k to $2.9M. Unit #3404 sold at $2.2M in August setting a new record high at $1,138 per square foot for JADE Ocean. Selling price per square foot averages at JADE Ocean reflecting $1,009 while selling at 94% of list after only 95 days on market.

There are 14 JADE Ocean rentals listed in October and the prices are ranging from $3,900 (B1 Model) to $15,900 for a furnished (E Model) 4 bedroom. Year to date, there have been 11 rented condos ranging in values from $3,000 (B1 model) to an E Model which rented at $16,000.

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 shown through photos & videos here. New sales statistics show us the latest in sales, facts & trends so stay tuned to this JADE Blog and authority site. While some prefer JADE Beach as a place to call home, JADE Ocean condos have always sold on a significantly higher price point offering clear advantages in amenities & South Florida lifestyle. Sunny Isles Beach oceanfront market values are noting considerable price gains from the last few years.

JADE Signature Condocoming soon.

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

More to come soon but today’s prices are over $1,400 per square foot with a graduated scale on increases this year as sales continue.. to reserve a condo at JADE Signature call me today for the very best in pricing. 1.888.383.7326 to inquire on Jade Signature Condos for Sale.

Ready to Sell or Lease Your Property at JADE

In Miami, your results are heavily dependent on the broker, agent or Realtor® whom you choose to expose your luxury 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 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 reach out to me today and let’s get started.

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

Jade Beach Condo 802

JADE Beach Condo Sales, Stats & Inventory for August 2009

 Well after all this time, JADE Beach has turned out to be a relatively healthy building! Now 9 months of watching and reporting the sales and rentals ARE occurring. I just sold a low floor B2 model unit in JADE Beach on July 31st at an exceptional price point of $458PSF. This was a developer default which was discounted at an asking price of $625,000.  The B2 is a spacious 1 bedroom floor plan with direct ocean views, a larger master bedroom and a small den which is being opened up by the new owner to a grand foyer entryway. I’ll have before & afters coming to you soon in a new post promoting the contractor & designer. As for other activity in Jade Beach condos, there is a B1 supposedly under contract just under $500k. JADE Beach unit #3904 is under contract with an asking price of $1.4M and #4008 is under contract with an asking price of $1.499M. JADE Beach is soon to go on 90% closed and both JADE Beach & JADE Ocean are Fannie May approved! There are 32 (13%) JADE Beach resales (only 2 at JADE Ocean) ranging in values from $520,000 (B Model) to $2.450M (E Model). Very surprising to see the rental prices fall to what I believe great deals at $2,250 for a 1 bedroom.. I’m renting west facing units at Trump Palace for this price! The rental values range today from $2,250 up to $10,000

Jade Beach Pool Deck image

 I met with a very astute JADE Ocean condo buyer tonight who’s closing soon on one of the highest E-model units. He’s prepared to renovate and finish out the interior with the open option of renting or purchasing a finished residence around the month of October. We were discussing the price per square foot tonight and have noted JADE Beach asking around $650-$700 PSF while selling around $450-$500 PSF. I believe JADE Ocean will be comparable with asking prices hovering $850-$1,000 PSF and selling around $650-$800 PSF. The take home message is “time will tell” as everyone is curious as to the values. I will once again use Acqualina and Turnberry Ocean Colony as good 2009 JADE Ocean comparables and noted the 90 day closed sales in each building ranging from a high of $987 PSF (Acqualina #3501) to a low of $447PSF (Turnberry Ocean Colony South Tower #902). Time will soon tell and so far they’ve closed over 30 JADE Ocean residences with scheduled closings happening each week. I’m still awaiting the access & ability to tour JADE Ocean with camera permission and will have this goal completed soon enough so you can see what a great job they’ve done… as the mystery looms. 1.888.383.7326.

JADE Beach Condo Sales, Stats & Inventory for May 2009

Jade Beach oceanside I was told as a rookie agent back in 2002 it’s always best to be the 3rd listing agent. Well it took me another year before I began listing Sunny Isles Beach condos for sale and to this day I don’t believe it to be true. I do believe market knowledge and experience go along way as first agent #1 when listing a luxury condo or any condo and do relate on the extreme difficulties of handling new condo sales in a strong buyers market. JADE Beach Sunny Isles has been interesting to watch as a BIG fan of the developments. I have patiently waited and reported month after month on condo sales, or lack thereof and anticipate good sales to come soon.

As per SEF MLS (S.East Florida Multiple Listing Service), nothing has traded yet in JADE Beach. There are 30 rentals ranging from $3,000 to $9,500 asking. There are also 32 JADE Beach condos for sale (13% Inventory is considered as healthy) and 13 that have expired from the market. So what will it take? Statistics show prices ranging from $520,000 (B1) to $2.450M (E line) with average list price at $670 psf. There is only 1 unit under $500 psf and it’s E-line #4008 which is destined to sell first. There is 1 unit relaying “finished” which is #4104 and asking $1.699M ($697psf). Note: There are NO bank owned or even short sales in JADE Beach. I’ve got simple selling strategies backed by statistics that have worked for other owners in selling other luxury condos in Sunny Isles but I can’t report here as other savvy agents read this. It’s pretty simple and most will agree the #1 answer to making JADE Beach “work” are the asking prices.

When I take customers to JADE Beach Sunny Isles the first impression is WOW!! A brilliant lobby that flows through to the ocean deck captivating open ocean views while relaxing on Fendi furniture… pretty amazing and very special. The floor plans are considered “okay” with the majority narrow and flow through design allowing the best of both sunrise & sunset views. The number 1 complaint from buyers are the corner units (specific to A line) having a master bedroom on the west side rather than waking to an ocean view as the sunrises.  There is Nothing wrong with the JADE building, design, features, floor plans, etc… Not one thing wrong but the price. Here’s why. Sunny Isles Beach has 1,418 total condos for sale as of May 2009. In the last 30 days 69 condos have gone under contract with 40 closed sales occurring meaning a 35.45 month supply. This is an indicator many look at to determine where the market is as a 6 month supply is considered “healthy.” What I prefer to also look at is Days on Market (DOM) and Sale to List Price Ratios. Miami Dade Beaches have inventory down 5% and pending sales up 10% over April. In looking at ONLY Sunny Isles Beach oceanfront and ONLY at new condo buildings built from 2000 and on, we find 704 Sunny Isles condos for sale, 21 pending and 13 closed transactions for a 54.15 month supply.  Average DOM is at 154.93 or 5 months to sell with a Sale to List Price Ratio at 91% (on the rise!)… Here’s where the truth hurts; Average asking price per square foot is at $517 psf with a selling price per square foot at {$317}. Accuracy; as per our MLS database while the average sale price for new, luxury condos ON the ocean is only $434,077. As my favorite “apples to apples” comparison, I use Trump Palace which is well established (Built 2006), financially stable and has an awesome turnover rate. Average days on the market are only 58 DOM while Sale to List Price Ratios average 92%. On 2009 Sold values, average asking list price per square foot is at $566 while average selling price per square foot is at $514.

So here is where it’s going… down, into the mid to high $500’s on asking prices before we start to see transactions occurring. We will see sales in the mid to high $400’s here soon and believe me you’ll see new stats and activity here as soon as there is something worthy. I’m in this for the long run backing JADE Beach & JADE Ocean with knowledge & truth…! Will JADE Beach condos set records? YES, Absolutely. I am a HUGE FAN as you can tell from the site(s). I only want to see great success for JADE Condos of Sunny Isles Beach and a destined success on turnover. The truth is in the numbers. 1.888.383.7326

JADE Beach Condo Sales, Stats & Inventory for March 2009

Jade Beach Condos Sunny Isles JADE Beach condo inventory for the month of March shows us 27 units on the market ranging from $2.450M (4/4) to $599k (1/1.5). Average asking price per square foot is at $683 with an average list price at $1.416M.

JADE Condo resales… There hasn’t been any and why is this?

I’m going to rant here since nothing in JADE Beach has sold… If you’d like a market snapshot for Sunny Isles Beach real estate we see 14 new “luxury condos” sold within the last 90 days (2005+, ocean direct) with an average asking price per square foot at $544 and selling price per square foot at $485. The Sunny Isles Beach SP/LP (Sale to List Price) Ratio% is at 91% with an average of 177 days on the market.  Taking Trump Palace condos for example, we see an good above average turnover rate with 5 condos selling in the last 90 days at $510 psf and an average asking price per square foot at $592. Additionally, condos priced well at Trump Palace sell at an average of only 63 DOM (days on market) and at 93% of list price.. Trump Palace’s younger, more modern sister building Trump Royale, has not had any resales either however Trump Royale has a multitude of unsold developer units whereas JADE Beach does not; and I say this with the understanding from the developer’s rep that over 79% of JADE Beach has been sold. The point here is not that new developments will sit empty with unsold units, but more so the fact that the Sunny Isles Beach 2009 real estate market is not ready to come up to $683 PSF for JADE Beach condo resales that are unfinished (decorator ready).

Is there still smoke and mirrors on the overall average values and resale potential at JADE Beach?

Okay, I understand the JADE Beach resale values are fueled on “that’s what I paid for it” and “that’s what the developer (or my agent) thinks I could get for it” or even the valued point that JADE Beach is a far better building than Trump Palace and not comparable in the current “sold” values above.  Could it be…?

Okay then, so let’s step up the Sunny Isles Beach market snapshot to what some would argue to be the best luxury condo residences for services, amenities and resale values… Turnberry Ocean Colony. Turnberry Ocean Colony has had 2 closed sales in the last 90 days with 2 under contract at an average list price per square foot at $542 and average closed sale PPSF at only $492! Turnberry Ocean Colony #2401 was sold (by yours truly) in September 2008 at $712 PSF and then just over the holidays the prices dropped to what are reflecting in the 01 (Abaco) line today at an average “asking” price per square foot at $690 psf.

Jade Beach Jade Ocean Sunny Isles These last 3 years 6 months have been the nose dive many new true investors were hoping for with luxury condos selling in the 400’s. Everyone including myself were truly hopeful that JADE Beach would have initial resale values in the $700 to $800 PSF range while JADE Ocean resale values would top $1,000 PSF mark and set new area records. I still concur that JADE Ocean will set area records or stay parallel with Turnberry Ocean Colony, however each must be priced WITH the market. We’re still pulling through a market correction, inventory glut and bad press from the media. Vital signs (inventory + SP/LP%) are in a positive direction for the Sunny Isles & Miami Beach market snapshot and my cup is always half full.

There are some realistic unit owners that have priced their JADE Beach condos with the market to sell.. ie) #4008 (E line $482 psf), #1508 (A line $595 psf) #1904 (D line $520 psf), #1104 (D line $582 psf). Believe me, I’m all for JADE Beach condos and the soon to be released JADE Ocean, otherwise I would have never spent thousands on this site & blog or countless hours writing, editing and creating good content. I LOVE THE JADE BUILDING(S) with a fiery passion and they are where my focus (& money) is being spent. I’m simply ready to see resale action.

The truth is in the numbers. 1.888.383.7386.

Jade Beach Sunny Isles Inventory in February 2009

JADE Condos Sunny Isles by Miami.FlyMe

JADE Condos Sunny Isles by Miami.FlyMe

 JADE Beach Condos… What’s happening so far in February 2009? 19 available Jade Beach condos for rent ranging from $3,800 to $10,000 month as many speculators love the finished product and decide to ride out the down market rather than selling. There are 24 Jade Beach condos for sale or approximately 10% available MLS inventory ranging from $669k (1BR) to $2.450M (4BR) with the developer closing over 70%+ of the building. Many new JADE Beach condo owners are in their residences finishing it out with fine marble, custom paint, closets, lighting and window treatments. There is nothing to report on rented and closed sales via MLS just yet and owners are reaching out with questions and concerns including JADE Ocean condos which should be closing very soon. I’m looking forward to getting in JADE Ocean and blogging on the progress with photographs and marketing videos for sellers so if you’d like my assistance call me direct at 305.978.7704 or toll free at 1.888.383.7326 (ext 1). If your interested in owning at JADE Beach Condos, contact me today for great pricing on available condo residences including the trophy JADE Beach & Ocean Penthouse and other amazing Sunny Isles Real Estate. Email Info@JadeCondosSunnyIsles.com.

To review Sunny Isles Beach statistics and trends for 2008, click here.

JADE Beach Health Club & SPA Services Menu

Happy New Year friends. Today is the second and I’m writing today to briefly describe SPA and Health Club services at JADE Beach Sunny Isles. The amenities are almost completed with the Health Club and SPA ready for new owners enjoyment. The Health Club is relatively small however there are 3 separate rooms including weights, cardio and yoga with each weight training piece being ideal for an overall full body workout. With the use of TechnoGym™, your workout will be among the latest in virtual personal training with an identity card showing your weights, repetitions and workout progress as each workout advances.
Technogym™ is a world leader in the design of fitness equipment for fitness facilities, hotels, spas, rehabilitation centers, corporate gyms, universities, professional sports facilities, private homes and beyond. The fitness center here at Jade Beach is proud to be using this equipment and promises that you’ll fall in love with it.

Jade Beach Health Club

Jade Beach Health Club

Technogym™ KEY FEATURES & BENEFITS:
  • WS Key System- this technologically advanced feature allows you to store customized workout data as well as wirelessly connect with any piece of Technogym™ equipment
  • Records Training Results and downloads them to the facilities central computer
  • Waterproof and Impact Resistant
  • Automatically Starts the equipment with the correct personalized settings
  • Guides Users through each exercise in their training session
  • Unique and fun way to use facility services
Jade Beach Cardio

Jade Beach Cardio

 Looking directly over the Atlantic ocean, there is a small cardio room with treadmills, stair steppers, bicycles and elliptical trainers. In the adjacent weight room, you’ll find free weights and computerizes Technogym™ plus a great cable system with very smooth movement offering a full body workout. Moving west to the private rooms you’ll find a large yoga studio with Pilate’s and additional classes.
Jade Beach Yoga Room

Jade Beach Yoga Room

JADE Beach Health Classes include:
  • Sunset Yoga by the Pool– Enjoy a relaxation blend of yoga moves while enjoying the beautiful Jade Beach sunset.
  • Hatha 1– An exhilarating class designed to improve strength, balance, flexibility and concentration while reducing stress.
  • Ashitanga Yoga– Power Yoga incorporates traditional poses to stretch and strengthen muscles. Instead of resting between poses, the postures are linked in a continuous series, known as Vinyasa flow. The result is an intense, head to toe workout for all levels.
  • Pilates Mat– Lengthenand strengthen the body using the core muscles of the abdominals and back.
  • Kickboxing– A multi level cardio class using martial arts and boxing movements.
  • Strength Conditioning– This class is designed to help strengthen all of your major muscle groups with simple athletic moves.
  • Core & Stretch-This class will take you through a guided series of stretching exercises to help improve flexibility and joint range of motion. While working on your flexibility you will also be working on your core to help strengthen, flatten and tone that midsection.
  • Boot Camp-Back to the basics workout to build stamina and strength. Will include a combination of pushups, crunches, squats, jump rope, and drills to work the entire body.
  • Fit Dance-This high energy dance class combines funky rythms with choreographed movement.
JADE Beach SPA Menu

JADE Beach SPA Menu

 If your interested in owning at JADE Beach Condos, contact me today for great pricing on available condo residences including the trophy JADE Beach & Ocean Penthouse and other amazing Sunny Isles real estate. Info@JadeCondosSunnyIsles.com or toll free 1.888.383.7326

JADE Beach Condos Sunny Isles 1BR Deals

Jade Beach Pool Area

Jade Beach Pool Area

 Hello friends, as of NOVEMBER 30th there has been a major price reduction in a B2 Model at JADE Beach Condos. Consisting of 1,367 total square feet (1BR, 2 Bath + Den), the original price was an extremely aggressive $1.3M (APR 08) and reduced to a realistic $750,000 on NOV 12th then again to $725k on NOV 16th. This JADE condo residence has direct ocean views from the 15th floor with a private foyer entry and a spacious floor plan.

  Another of the great JADE Beach Condo deals is a B1 Model on a low floor and consists of 1,085 total square feet (1BR, 1.5 Bath) with a price to sell at $700,000 including closing costs. This must be a simultaneous closing which additionally saves in closing costs.

 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 quickly gaining in top Google positioning and will be the ideal worldwide showcase site for your JADE Condo Listings. If your thinking of becoming a new owner of JADE Beach real estate then contact me for other great JADE Beach Condo Deals including 2 and 3 Bedrooms. Call today toll free at 1.888.383.7326 or email at Info@JADECondosSunnyIsles.com.