Top Downtown Miami Condos Below $500,000

Some time has passed since my last compilation of Top Downtown Miami units. Even more time has passed since I did one below the $500,000 margin. These are often my favorite to pick since they make up a huge part of the market and every buyer out there smiles at the idea of finding a great deal. They also, however, happen to be the most difficult due to the vast amount of units that qualify. In order to make sure they truly are the “top”, I first make sure to:

  • Make sure it’s priced accordingly by checking the sales
  • Assess the unit’s present condition to ensure it’s in good condition
  • If it’s not in good condition, see if the price makes it worth renovating
  • Discover any potential issues (miscellaneous)

Looks like the time has come to sit down and hit the microscope once again! For any questions on any of the condos featured on today’s Top Downtown Miami list please contact me directly at 305-305-3885 or via e-mail at steinmander.m@ewm.com

Disclaimer: Someone actually e-mailed me to find out what kind of microscope I use to look for the units….the microscope is just a figure of speech…I don’t actually use a microscope to pick the units. In fact, I don’t even own a microscope. Either way, thank you for the correspondence!

 

       The Miami Observer’s Top Downtown Miami Selections: $500,000 Or Less

 

 

Marina Blue condos
#1 – Marina Blue #3406

 

888 Biscayne Blvd #3406 – $415,000

1/1.5. 948 sqft

This Marina Blue condo was just listed early last week! As soon as I saw it hit the market I knew it had to be included.

The “06” line at Marina Blue features a very versatile 1 bedroom floor plan with close to 950 sqft as well as an extra den. The views are nothing but the best: Panoramic views of Biscayne Bay and Downtown can be enjoyed from the balcony and even from behind the 10′ ft floor to ceiling windows that are distinctive of the complex.

As an option, It’s the ideal choice for buyers looking for more than a 1 bedroom but don’t want to necessarily go up to the pricier 2 bedroom units. It also happens to be in move in condition. The Italian style cabinetry and marble floors add the final touches that makes this unit an excellent option.

Last but not least is the price. As an agent who reviews the sales activity of Marina Blue almost on a daily basis, this unit is actually priced within the range of the last closed sales and reflects adequately based on the finishes/overall condition. Listed by Turn Key International Realty Inc.

Full information: 888 Biscayne Blvd #3406

 

1800 Club Miami
#2 – 1800 Club #4006

1800 N Bayshore Dr #4006 – $289,000

1/1. 822 sqft

If getting the most out of your money is the top priority, then this is the Top Downtown Miami pick to consider at a more modest budget.

1800 Club, which opened in 2007 near Margaret Pace Park, is one of the most underrated buildings in the area. The amenities are outstanding, the units are spacious, and the overall building is very well kept by its association. Its location to arguably one of the best parks in all of Miami is simply priceless.

The unit has been upgraded throughout over the years and is currently in move in condition. Its balcony does not face the water but its west view still provides stunning sunset views in the late afternoon. With its generous 822 sqft floor plan and  its current price of $351 per sqft, it currently stands at a much lower rate than many of its competitors in its price level, which also happen to be much smaller units as well. It is currently rented until the end of September, 2016 for $2000 a month. Listed by Keller Williams Miami Beach.

I had the pleasure of previewing this listing at the 1800 Club development a few weeks back with a client. As a buyer, he was very impressed at how well maintained the unit was and enjoyed the fact that the neighborhood as a whole was a lot quieter when compared to other parts of Downtown. The fact that we were greeted so well by other residents while in the elevator also made a great lasting impression on the building and its people 🙂

Full information: 1800 N Bayshore Dr #4006

 

One Miami condos for sale
#3 – One Miami #3603

335 S Biscayne Blvd #3603 – $349,000

1/1. 868 sqft

One Miami continues to be a outstanding selection among every price point in our market. The development is located just walking distance to Bayfront Park, major shopping and dining, and features a great selection of amenities. This 1/1 features 868 sqft priced at just above $400/sqft. The monthly maintenance, one of the lowest for a unit of its size in the area, is $421 per month and includes all of the amenities plus water, basic cable and internet. As per the report, the Sellers are also willing to provide a $2000 credit to replace the current carpet for a newer type of flooring.

Although there are other 1 bedrooms available for less in the complex, I chose this condo for sale at One Miami because it’s worth the extra expense. The other units listed for lower face north or are situated on lower floors. Since this property faces south, it has unobstructed water views and city views facing towards Brickell. Listed by The Keyes Company.

Full information: 335 S Biscayne Blvd #3603

 

I hope you all enjoyed this edition of our Top Downtown Miami Selections! Be sure to contact us directly for additional details on any of these units mentioned in this post. Feel free to also visit the Archives section for each respective building for other stories we’ve done and for more information.

Top Downtown Miami Realtor

Downtown 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. Thanks for reading The Miami Observer and our Top Downtown Miami selections!

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