Murano Grande South Beach- South Beach Luxury Condos Report
The Murano Grande currently has 48 condos listed for sale and is located at 400 Alton Road in the South Beach area of Miami Beach. They range in price from $677,000 for a 1,206 sf (SqFt) 1 bedroom/1 bath to $6.9 million for a 5 bedroom/5 bath condo with 6,000 sf of interior living space. The average list price is $1,719,000 at $787/sf. Currently there are 5 pending sales.
Year-to-date there have been 16 closed sales at Murano Grande South Beach. Sales ranged from $650,000 to $3.1 million for a 4 bedrom/5 bath condo at an average selling price of $1.6 million or $646/sf, which averaged 87% of the list price with average days on market of 132 days.
The current absorption rate is 17 months based on the supply and demand as indicated above.
Note that the information here is based on recent information and data from the southeast Florida MLS, so it is subject to change based on market conditions and activity. Much of the information is input by real estate agents, so the accuracy cannot be guaranteed.
Copyright © 2008 By Michael Sahlman, P.A., All Rights Reserved.* Murano Grande South Beach - South Beach Luxury Condos Report*
For more information about Murano Grande South Beach or real estate in South Beach, Miami, Miami Beach, Sunny Isles and the surrounding areas, please contact us at 786.553.0697, or email us. Visit our award winning website at www.HomesForVIPs.com. We are here to help you learn more about the different areas and to assist you in buying, selling or investing here in South Florida. As licensed Florida real estate agents, we are also certified as e-PROs and International Real Estate Specialists. We speak English, Spanish, Portuguese and French.
Comments(1)