Pinnacle Condominium Real Estate News-Recap 2010

By
Real Estate Agent with www.HomesForVIPs.com - Keller Williams Realty

 

Pinnacle Condominium Real Estate News-Recap 2010

Here are the 2010 statistics, newsworthy sales and current listings for Pinnacle, located at 17555 Collins Avenue, one of the premier luxury condos in Sunny Isles Beach FL.

At Pinnacle, there were 8 closed sales in 2010. The average sale was $614,458, or $327 per square foot. They sold on average for 72% of the list price in 432 days (average days on market). The highest sale was for $850,000 for Unit TS-1, which was $407 per square foot and occurred on April 21, 2010. The lowest sale for $600,000 for Unit 1802, which was $377 per square foot and occurred on September 2, 2010.

With 19 condos currently available for sale, the current absorption rateis about 29 months to sell all the inventory. There are 3 condos at Pinnacle that are currently in contract or pending sale.

Right now, the least expensive condo for sale at Pinnacle is unit 306 for $527,400, which has 2 bedrooms and 2 bathrooms and has 1,590 square feet of living space. It has been on the market now for 28 days. For photos of the condo and a more detailed description of the unit, please visit this website pagePinnacle-#306, Sunny Isles Beach FL.

The most expensive unit for sale at Pinnacle is unit UP-3,4 for $2,900,000, which has 5 bedrooms and 5 bathrooms and has 4,042 square feet of living space. For photos of the condo and a more detailed description of the unit, please visit this website page Pinnacle-#UP-3,4, Sunny Isles Beach FL.

To view all of the listings available for sale at Pinnacle, please go to my website at Pinnacle Sunny Isles Beach FL Condos For Sale.

For further information, please contact the Michael Sahlman at The Sahlman Group at 786.553.0697 or email us at info@MiamiHomesForVIPs.com.

To find other Luxury Condos by City and Category, go to any of the following – Penthouses for SaleBoat DocksPet Friendly CondosSouth Beach CondosMiami Beach CondosSunny Isles Beach CondosBal Harbour CondosKey Biscayne CondosFisher Island CondosBrickell CondosDowntown Miami Condos and Best Foreclosure Condo Buys.

To search for Luxury Single Family Homes by City or Neighborhood, go to - Miami Beach HomesSouth Beach HomesIndian Creek HomesStar Island HomesLa Gorce Island HomesNorth Bay Road HomesPalm Island HomesSunset Islands HomesVenetian Islands HomesHibiscus Island HomesGolden Beach HomesKey Biscayne HomesGables Estates HomesCocoplum HomesBelle Meade HomesBay Point HomesMorningside HomesPinetree Drive HomesBay Harbor Islands HomesBal Harbour Homes and Miami Shores Homes.

For more specific information about a property or for a custom search, please contact Michael Sahlman at The Sahlman Group at 786.553.0697 or email us.

If you are want to sell your property and market it worldwide quickly reaching the right buyers effectively, please contact us directly at 786.553.069, email us, or fill out this form to learn more about our global marketing strategy and receive an immediate response.

We recommend Habitat Design Associates, Inc. for interior design and renovations. If you have purchased a condo or home and need an excellent, reliable and highly competent professional who will also oversee the entire project, contact Cristina, the owner of the company, who  is originally from Brazil and has over 20 years of experience as an architect, interior designer and project manager. They have completed over 35 projects for a number of prominent people (including some of my clients). For more information and examples of her work Visit the Habitat Design website or contact them directly at 786.280.6200 or via email.

Please note that the above information was based on data from the southeast Florida MLS as of January 4, 2011.

Copyright © By Michael D. Sahlman, P.A. 2010*Pinnacle Condominium Real Estate News-Recap 2010*

 

 

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