miami hottest condo for sale

MIAMI’S BEST CONDOS A comprehensive report on the best units for sale

JULY 2011 Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

A totally independent report on Miami’s best Condo’s for Sale.

The question: ‘Should I buy in Miami now?’ comes up often in my daily real estate conversations. It is from this question that I saw a need to create this report. When you see the opportunity to buy below construction cost in many new buildings, to buy at a fraction of the former costs in others and when you see the enormously strong rental market which many investors have been savvy enough to tap into it is hard to ignore the opportunity to buy right now.

The rebound from the crashed 2008 property market has been nothing short of phenomenal in specific neighborhoods such as Brickell where prices are still relatively cheap but demand to live is high. The old adage runs true: location, location, location.. Inventory has diminished to a 3 year low and prices are rising again. There are still opportunities out there, but they are shrinking by the day.

What I have compiled here is a list of arguably the best condo’s to buy in Miami right now. This is NOT a report to show you which are the most expensive, but what offers the best value for money, the best standard of finish coupled with quality of living as well as what may give the best return on your investment for the future. Many of these buildings have units for sale that are not readily found on the internet. As a real estate professional I have a strong working relationship with these buildings developers and are privy to the changing deals being offered. I have attempted to detail these deals in this e-brochure.

Mint, Epic, Icon - Brickell Marquis, Ios - Biscayne / Downtown Continuum - South Beach Terra Beach - Miami Beach St Regis - Bal Harbor Trump 3 - Sunny Isles Peninsula 2 - Aventura Trump Hollywood - Hollywood / Fort Lauderdale These are the best condo’s and the best units within those condo’s across Miami. Covering the key neighborhoods, travelling from South to North. You can see more detailing by visiting my website and clicking on ‘Condo’s’ then select the building of your choice.

Visit: www.luxlifemiami.com

David Siddons Realtor Associate - Investment Specialist EWM Cel: 305 508 0899 Siddons.d@ewm.com

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Mint. Waterfront Condo Brickell

Key Information Percentage of building sold: 70%.

Financial Status: FHA Approved. 5% down minimum.

Unit details: 1049 sqft - 2289 sqft (2-3 bedrooms) Prices:

$360,000 - $1000,000.

Maintenance Fee: $0.57 per sqft

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Mint. Waterfront Condo Brickell

Description: A brand new river front condo on the border of the Brickell neighborhood. Offering high level amenities: gym, pool, spa. Some superb views from units. A decent level of finish. Most units are sold ‘raw’ and can be finished to individual tastes.

Go to luxlifemiami.com for Floorplans

Best deals right now:

1. Unit 4012. 2 bed split floor plan. 1050 Sqft. Facing directly East and with views towards the water from both bedrooms and living room this is the most popular floor plan. Listed for $400,000

2. Unit 2601. 3 bed 3 bathroom. 1818 Sqft Excellent value for a 3 bedroom unit in such an impressive building. Listed for $517,000 Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Epic Condo

Brickell / Downtown

Key Information Percentage of building sold: 95%.

Financial Status: Fannie Mae and FHA Approved Unit details: (1 plus den to 4 bedroom units) from 1477 sqft to 8000 sqft. 292 units in total.

Prices:

$360,000 - $1000,000

Maintenance Fee: $0.80/sq.ft

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Epic Condo

Brickell / Downtown Description: What is without questions to most luxurious new Condo for Downtown and Brickell. This luxury condo offers a simply superb lifestyle. With 2 award winning restaurants, 2 bars, a state of the art Spa, Gym and even pool service. Located within walking distance to the best that downtown and Brickell has to offer and on the doorsteps to what will be the new Brickell Cinema and Wholefoods supermarket the neighborhood that this building is situated just gets better. The units are done to the highest finish. A true grade ‘A’ building.

To see floor plans and gallery pics, go to luxlifemiami.com

Best deals right now: Unit 3108. 2 bedroom plus den / 2.5 bathrooms 1598 Sqft

Listed for $895,000

Best deals right now: Unit 304. 2 bedrooms 2.5 bathrooms Townhouse. 1664 Sqft. Fully finished to the highest level. No expense spared. Listed for $835,000

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Marquis Downtown

Key Information Percentage of building sold: 75%.

Financial Status: 20% down required Unit details: (1 plus den to 4 bedroom units) from 1477 sqft to 8000 sqft. 292 units in total.

Prices:

$450,000 upwards

Maintenance Fee: $0.56 per sqft

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Marquis Downtown

Description: A superb Condo that suits those that want the best views across the bay. 67 Stories high. Most units enjoy large floor to ceiling windows. Located at the crossroads of Miami Beach and the colorful Arts & Entertainment District, Marquis Residences rises just steps from the preeminent Adrienne Arsht Center for the Performing Arts, the experientially rich Museum Park and the American Airlines Arena home of the Miami Heat.

Residents are just minutes away from Miami’s renowned Design District, Brickell Avenue and Mary Brickell Village, and the transfixing nightlife, music and cuisine of world-famous South Beach. The building boasts a roof top pool, state of the art gym and spa and award winning restaurant and bar.

Best deals right now:

1. ‘F model’. 1477 Sqft. $296 Per sqft. 2 bed / 2.5 bathroom. Maintenance: $978 per month. Corner unit with superb direct water views of bay. Breathtaking view of all of Miami. Listed from $487,900.

2. ‘G’ Model. 2106 Sqft $385 per sqft. 3 bed / 2.5 bedrooms. Maintenance $1607 per month. A luxury finished unit that will simply wow - Visit Luxlifemiami.com to view images

Listed from $860,900.

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Ios on the Bay Biscayne

Key Information Percentage of building sold: 50%.

Financial Status: Financing available Unit details: 799 sqft - 3392 sqft (1-4 bedrooms) Prices:

$200,000 - $1,500,000

Maintenance Fee: $0.62 -$0.67 per sqft Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Ios on the Bay Biscayne

Description:This boutique building offers superb value for money. Close to the design district with the best restaurants Miami has to offer. Oversized balconies and the opportunity to buy a penthouse unit for just over $1 Million. an intimate bay front enclave of only forty three exceptional residences, ingeniously conceived with 23 unique floor plans, including the one that is perfect for your distinct lifestyle. Conditional Fanny Mae approval, FHA approval. 49% occupied.

Best deals right now:

1. 1 bed, 1 bath. Unit 411 771 sqft. This unit has a huge terrace. Faces south with bay view.

Listed from $205,000

2. 2 bed 2 bath 1000 sqft. Unit 402 Split floor plan with large 344 sqft balcony. Bay view from balcony.

Listed from $289,900.

3. Penthouse! 2 bed plus den, 3.5 bathroom. Private roof top terrace around 800 sqft with pool and Jacuzzi.

A 505/506 floor plan E/F. 2780 Sqft. Listed from $1,250,000.

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Peninsula II Aventura

Key Information Percentage of building sold: 70% Financial Status: 70 % Occupied.

Unit details: 2400 sqft - 3392 sqft (2-4 bedrooms) Prices:

from $700,000

Maintenance Fee: $0.51 Sq ft

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Peninsula II Aventura

Description: Peninsula really does give you the best that Aventura has to offer. Located on perfectly a short distance to the shops, golf Course and 5 min to Sunny Isles Beach. The building offers superbly large units.

70% of building is sold and with Maintenance at just $0.51 Per sqft and large units with stunning views, this has to be the winner of Condo’s in Aventura.

Visit luxlifemiami.com for floorplans

Best deals right now:

1. Unit 2208 2 Bed + 1 Media Room + 1 Den + 2.5 Bath. 2,433 Sqft. Mant: $1,230,142 bed 2 bath 1000 sqft. Unit 402 Split floor plan with large 344 sqft balcony. Bay view from balcony. Listed for $755,000

2. Unit 3108 3 Bed+ 1 Media Room +3.5 Bath. 3,082 Sqft Sqft. Mant: $1,580.20 Listed for $995,000.

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Trump Hollywood Hollywood Beach

Key Information Percentage of building sold: 70% Financial Status: 65% financing available Unit details: Prices:

2,088 sq.ft. - 3395 sq ft

$650,000 upwards

Maintenance Fee: $0.51 Sq ft

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Trump Hollywood Hollywood Beach

Description: Located on a 240-foot stretch of prime white sand beach, this luxurious oceanfront condominium is one of the most prestigious locations on South Florida’s Gold Coast. Rising 41 stories above the shoreline, Trump Hollywood offers spectacular views of the Atlantic Ocean, Intracoastal and city. The views from inside are just as magnificent. All 200 expansive residences include floor-to-ceiling windows, large balconies, private elevator access and first-class amenities beyond your imagination. Conveniently located in Hollywood between Miami and Fort Lauderdale, you’re just minutes from two international airports, two seaports, as well as worldclass shopping at Bal Harbour and Aventura. And just steps away from Hollywood Beach Boardwalk, one of the five best boardwalks in the country as ranked by Travel & Leisure. Maintenance: $0.51 sqft. 65% financing available for foreigners 70% of building sold.

Best deals right now:

1. #1406

South View. 2 bed plus den. 2,088 sq.ft. Maintenance:

$855 per month. South facing Partial views.

Listed for $694,000

2. #2803 3395 sq ft

3 bed plus den. 3.5 bathroom. 3395 sq ft

Gorgeous direct Ocean view unit. Listed for $955,000 To see floor plans and sizes visit: www.luxlifemiami.com Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Terra Beach Miami Beach

Key Information Percentage of building sold: 95 out of 116 units sold. 80% Financial Status: Easily available. Full FHA and Fannie Mae Approval.

Unit details: Prices:

from: 1700 sqft - 3060 sqft

from $465,000 - $995,000

Maintenance Fee: $0.40 Sq ft

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Terra Beach Miami Beach

Description: Terra Beachside, located on Collins Avenue and 60th Street, is an architecturally sophisticated property that embodies contemporary living on Miami Beach. All residences feature a voluminous 18-foot ceiling height in the living rooms and come appointed with high end European finishes in the kitchen and bathrooms.

One of the building’s highlights is a Zen-influenced translucent atrium that spans the entire length of the property. A three-story Lifestyle Center is a focal point of the property with a curving lap pool, Jacuzzi, Fitness Center, and Media Room. What sets this building apart is the simply enormous roof terraces which come with the 3 bedroom units, which make them uniquely desirable and with limited supply the prices will rise drastically once all units are sold. This building also rents well and provides excellent income revenue levels. Ideally located: either walk across to the beach in 1 minute or drive to the heart of South Beach in less than 5 minutes.

Best deals right now: 3 bedroom/ 3 bath + 2047 sq ft. private roof terrace 1315 sq ft roof terrace. Total: 3495 sq ft. only 11 units left of this type! Total price. $650,000 A phenomenal 3 bed unit with 1315 sq ft of personal roof terrace! Where else can you find such living space on the beach? A unique building that currently offers 2000 sq ft 3 bedroom units, floor to ceiling bay windows in a loft set up as well the huge private roof top balconies with each unit.

On top of that the beach is less than 200 meters away!

Go to www.luxlifemiami.com to see floorplans.

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Icon Brickell Brickell

Key Information Percentage of building sold: 70% Financial Status: Fannie mae and FHA approved Unit details:

1 bed, 2 bed, 3 bed to 4 beds.

From 745 sqft to 3500 sqft.

Prices:

from $315,000 - $1,200,000

Maintenance Fee: $0.50 Sq ft Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Icon Brickell Brickell

Description: Icon Brickell has been the most ambitious development in the whole of the Brickell Neighborhood. An 1800 unit development location at the mouth of Brickell River, facing onto the bay and Ocean. With 3 towers and spectacular views over south beach, the bay and south to Key Biscayne. The building has excellent amenities: A 50 meter pool, state of the art Spa, Gym, Restaurant and more. The location is walking distance to Brickell shops, restaurants and nightlife. Icon started to sell in 2008. Just as the real estate bubble burst.

Due to developmental constraints and the sheer size of the project prices were literally halved in order to meet the banking requirements. Today the building has less than 100 units left, and you can still pick up a great deal under construction costs.

Best deals right now:

1. Tower 2: Unit 5506. 2. 1 bed / 1 bathroom. 842 sqft. Penthouse level with views all the way across the water from Sunny Isles to Coral Gables. Price: $345,500

2. Tower 1: 5209 2 bedroom / 2 bath with den, 1312 sq feet:

maintenance is monthly is $837- PRICE PER

SQ FOOT $375. A spacious top floor unit with excellent views. List Price $518,900 Bottom price $492,400

3. Tower 2: 1103, 2 bedroom/2 bath plus den, 1518 sq feet: List maintenance is $775 monthly- PRICE PER SQ FOOT $385. A large low level unit looking directly over the ocean towards Key Biscayne and beyond.

Price $615,900 Bottom price $584,400 3 bed units. Only 4 units left! Details: 1870 sq ft. Corner units with water views 180 degrees. From $1 Million to $1.2 Million. 3 bed units. Only 4 units left!

Details: 1870 sq ft. Corner units with water views 180 degrees. From $1 Million to $1.2 Million. 3 bed units. Only Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

St Regis Bal Harbor

Key Information Percentage of building sold: n/a Financial Status: none as yet Unit details: Prices:

from 3200 sqft to 7000 sqft.

from $3 Million to $12 Million

Maintenance Fee: $1.10 Sq ft Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

St Regis Bal Harbor

Description: A report not complete without the lavish and extravagant new Bal Harbor development: St Regis.

Heralded as the most prestigious building of the neighborhood this building will appeal to those who are seeking the ultimate in luxury.

This specialist building has unique floor plans and is still under construction. For more information on the units for sale please call me directly. There are 3 standard style units, and 4 specialist styles.

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Trump 3 Sunny Isles

Key Information Percentage of building sold: 80% Financial Status: Building 70% sold out.

Unit details: Units range from 2 bedrooms 1435 sqft apartments to 3 bedroom 3000 sqft apartments Prices:

$595,000 - $2,300,000

Maintenance Fee: $0.50 Sq ft Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Trump 3 Sunny Isles

Description: The 3rd building to be developed of the main Sunny Isles Trump buildings. This is a mirror image of the first two buildings which sold out in record time. A full service building offering private beach service.

Infinity pool, spa, concierge, private elevator to many units, 24 hour security and more. Maintenance is $0.50 per sq ft. Located right on the beach units offer superb views of the ocean and the Miami skyline.

Best properties for sale right now

1. Unit 2207 - 2 bedroom plus den / 3 bathrooms. 2084 Sq ft. Maintenance: $1063. Spectacular oceanfront and southern views, 10’ft ceilings, views overlooking ocean all the way to south beach! Subzero, wolf appliances. $945,000

2. Unit 2304 - 3 bedroom 3.5 bathrooms. 2558 Sqft. Maintenance: $1127. Spectacular unit. Again with direct water views. 10ft Ceiling. North and South Balconies. $1,250,000

3. Unit 2101 - 3 bedroom 3.5 bathrooms. 2923 Sqft. Maintenance: $1398. A direct water facing unit (Pictures show this specific unit. This was specially designed by the Brazilian Specialist interior design company: ‘Contemporary Design Group’ and can be replicated. Southern views with over 45’ ft wrap around balcony, 10 ft ceilings. sunrise and sunset views overlooking ocean. $1,800,000 1870 sq ft.

Corner units Siddons with water views Associate 180 degrees.

Million tosiddons.d@ewm.com $1.2 Million. 3 bed -units.

Only 4 units left!

Property of David - Realtor EWM From - (305)$1 508-0899www.luxlifemiami.com Details: 1870 sq ft. Corner units with water views 180 degrees. From $1 Million to $1.2 Million.

Continuum South Beach

Key Information Percentage of building sold: 100%.

Units now being sold only by private sellers only.

Unit details: Studio - 5 bedroom Penthouse.

747 sq ft - 4000 sq ft. 2 towers.

North and South. Currently 54 units for sale between both buildings.

Prices:

$529,000 - $17 Million.

Maintenance fee’s: $2 per sq ft.

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Continuum South Beach Description: Often considered the most prestigious address in Miami. Continuum built 2003 has against all odds and critics seen a rise in price over the last few years. Certainly not considered the cheapest of buildings, Continuum continues to attract the very elite buyers from all over the world, all vying for a small piece of paradise on the most southern tip of South Beach, in the world famous South of Fifth neighborhood. Private beach access, restaurant, 3 pools, gym, spa, tennis as well as the manicured gardens surrounding the building make this a hot spot for many buyers. Price per square ft is a larger than average $1500 per ft, but continues to rise as demand outstrips supply. If elite beach living is your goal then the South of Fifth neighborhood has to be considered.

Best properties for sale right now

1. Unit 2302 at Continuum North Tower. 4 bedroom / 4.5 bathrooms. 3017 Sq ft.

Maintenance: $2806.

Exquisitely appointed. has been masterfully decorated with unique and high

quality features. white glass floors, wall treatments, automated window covers, avant-guard surround sound system with ipod decks throughout and creston & kreon lighting system. all 4 bathrooms, guest bath and kitchen have been redesigned and impeccably finished. unit has beautiful direct ocean views with 4 balconies. Listed price: $5,500,000.

2. Unit 3007 at Continuum South Tower. 3 bedroom / 3.5 bathroom. 4004 Sq ft .

Words cannot describe this one of a kind unit, 10 foot ceilings with floor to ceiling windows, custom designed with attention to the smallest detail. Enjoy the 2205 sq/ft of Terrace space with Hot Tub. This unit is for the person who wants perfection. Listed price: $7,995,000 Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com

Annual Property tax can be roughly calculated at 2% of the purchase price.

Property of David Siddons. Realtor Associate. EWM Realtors.

Cel: 305 508 0899. siddons.d@ewm.com www.luxlifemiami.com

Property of David Siddons - Realtor Associate EWM - (305) 508-0899- siddons.d@ewm.com - www.luxlifemiami.com