What a great weekend it’s been so far. The weather has been simply spectacular, with the temperature staying at a point where it’s nice to be out. Because of this, and the fact that it’s Sunday, I’ll keep this 50 Biscayne update short and sweet 🙂
Since January 1st, 50 Biscayne has had six sales across all of its major price points and as units, each has established the new pattern on what to expect for the first half of the year in terms of pricing. Below is a summary of the sales.
50 Biscayne 2017 Sales (So Far):
- #2410 | 3/2 | Sold For $720,000
- #4206 | 2/2 | Sold For $530,000
- #3211 | 2/2 | Sold For $385,000
- #2701 | 2/2 | Sold For $390,000
- #401 | 1/2 | Sold For $345,000
- #3103 | Studio | Sold For $215,000
The median $/SF and Days On Market were $308 and 158 respectively. Please click here to view the full details on these sales.
In addition to the units above, I am also keeping an eye on 3 additional units that are currently pending and set to close within the next 30 days. A total of 44 units (approx 10% of all units) are also available. 50 Biscayne is one of the main buildings we cover! If you’re interested in a private tour of this development, be sure to contact us today!
Miami real estate is our expertise. As local specialists in the area, we strive to give you an advantage over the competition. Message us today or call us at 305-305-3885 to discuss.