Today I have the pleasure of announcing the sale of the last condo I had in Midtown Lofts, a development in Coral Way. After overcoming a few glitches along the way, I was able to secure an easy sale for my Seller with a full price cash offer made by a wonderful couple looking to move into the neighborhood. At $315/sqft, this unit is also the highest per square foot sale in the building in several years (over $15,000 more than the last sale of the same model unit). We work extremely hard day in and day out for all our clients and it’s always a blessing to find out that our efforts happen to reach higher numbers in the area.
3180 SW 22nd St #903 | $220,000
A quaint, 14 floor building located in Coral Way and SW 32nd Ave, Midtown Lofts is in our humble opinion an “underrated” building. Built less than 10 years ago and with amenities that easily match other, more expensive developments, it is a great option for buyers looking for more value for their money.
Some of the amenities of the building include:
- Fitness center and sauna
- 24 hour secured lobby
- Swimming pool and recreation deck
- Attached parking garage
In addition to the building’s features, the complex sits on one of the most intriguing locations in the whole city, just a few blocks away from Miracle Mile and local restaurants and shops such as Miracle Marketplace, home to the local LA Fitness, Marshalls, Hooters, and more.
Other nearby destinations include:
- Coconut Grove (2 miles away)
- Brickell (3-4 miles away)
- Little Havana (2.7 miles away from Maximo Gomez Park to watch the older folks play Domino)
- Key Biscayne
- Miami International Airport
The condo came in turnkey condition, featuring an open concept floor plan and modern upgrades. Nevertheless, as per the Buyers, the difference maker came down as usual with the view. For the value, this unit features an over-sized balcony facing east, which sets for amazing views of the city.
From every deal I’m involved in, no matter how big or small it is, I always try to get a lesson from it. The sale of this condo showed me that sometimes it pays off to be patient when it comes to doing business. At the end, the mutual decision by both my client and I to let the unit stay on the market for longer paid off with a much higher offer and a Buyer who adores their new property. Great deal overall.
If you would like to buy or sell real estate in Downtown Miami contact us today at 305-305-3885 or send us a message here ! We specialize in the Downtown Miami market and our knowledge in the area has already helped dozens of others achieve their real estate goals!