Real Estate Blog

Tags:   Icon South Beach, South of Fifth, South Beach Condos, Murano at Portofino, miami beach condos, Continnuum South Beach

This past week, I had the opportunity to work with several clients (all Cash Buyers) who looking for purchasing opportunities in the waterfront luxury condo buildings South of Fifth Street: The Murano at Portofino, The Continuum South Beach, Murano Grande, Icon and even The Bentley Bay.

These Miami Beach Condo Buyers- are finding amazing opportunities in some of the lesser known South of Fifth Waterfront Buildings! I've recently made several cash offers at The South Pointe Tower in South Beach. Being an older condominium with late 1970"s construction standards, The South Pointe Tower had not been considered the most "IN" condo building. However, this South Beach condo offers an incredible location next to The Portofino Tower (part of the same Master Association) and has recently been renovated inside and out. Also, the common area hallways are currently being updated with new doors, carpeting, and other improvements. I'm amazed that in this older condo building- due to its amazing location South of Fifth Street (behind South Pointe Park and facing Fisher Island) - almost ALL the available inventory has sold out !!!

Miami Beach South of Fifth Condos

The Latest Sales Data for the South Pointe Tower Condos in Miami Beach's South of Fifth Neighborhood:

South Pointe Tower Last 12 Month Condo Sales
Closed DateADDRESSProperty Name List Price Living Area LP$/SqFt Sold Price SP$/LP$
5/4/2010400 S POINTE DR # 2004SOUTH POINTE TOWER $ 1,195,000 1,802 $ 663 $ 1,050,000 88
5/26/2010400 S POINTE DR # 1410SOUTH POINTE TOWERS $ 1,049,000 1,559 $ 673 $ 880,000 84
7/10/2010400 S POINTE DR # 1007SOUTH POINTE TOWER $ 575,000 858 $ 670 $ 525,000 91
2/14/2011400 S POINTE DR # 1510SOUTH POINTE TOWER $ 1,195,000 1,559 $ 767 $ 975,000 82
3/18/2011400 S POINTE DR # 1107south pointe towers condo $ 550,000 858 $ 641 $ 525,000 95
12/29/2010400 S POINTE DR # 1404SOUTH POINTE TOWERS $ 995,000 1,802 $ 552 $ 845,000 85
12/17/2010400 S POINTE DR # 1603SOUTH POINTE TOWER $ 995,000 1,271 $ 783 $ 960,000 96
1/5/2011400 S POINTE DR # 2104South Pointe Tower $ 1,195,000 1,802 $ 663 $ 925,000 77
3/8/2011400 S POINTE DR # 309SOUTH POINTE TOWER $ 495,000 950 $ 521 $ 450,000 91

 
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