The Caribbean Condominium Real Estate News-Recap 2010

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

The Caribbean Condominium Real Estate News-Recap 2010

Here are the 2010 statistics, newsworthy sales and currentlistings for The Caribbean, located at 3737 Collins Avenue, one of the premier luxury condos in Miami Beach FL.

At The Caribbean, there were 28 closed sales in 2010. The average sale price was $1,075,611, or $560 per square foot. They sold on average for 96% of the list price in 72 days (average days on market). The highest sale was for $4,700,000 for Unit PH-4, which was $1,203 per square foot and occurred on July 15, 2010. The lowest sale was for $235,804 for Unit N-306, which was $704 per square foot and occurred on January 26, 2010.

With 9 condos currently available for sale, the current absorption rate is about 4 months to sell all the inventory. There are 3 condos at The Caribbean that are currently in contract or pending sale.

Right now, the least expensive condo for sale at The Caribbean is unit N-507 for $479,000, which has 1 bedroom and 1 bathroom and has 964 square feet of living space. It has been on the market now for 8 days. For photos of the condo and a more detailed description of the unit, please visit this website page The Caribbean-#N-507, Miami Beach FL.

The most expensive unit for sale at The Caribbean is unit S-502 for $1,725,000, which has 3 bedrooms and 3 bathrooms and has 2,326 square feet of living space. For photos of the condo and a more detailed description of the unit, please visit this website page The Caribbean-#S-502, Miami Beach FL.

To view all of the listings available for sale at The Caribbean, please go to my website at The Caribbean Miami 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*The Caribbean Condominium Real Estate News-Recap 2010*

 

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Katerina Gasset
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Informative market report you have here Michael, thumbs up for sharing and keep up the good work!
Jul 01, 2013 01:44 AM #1
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