KB MONTHLY REAL ESTATE REPORT by Cristina Preti SINGLE FAMILY HOMES - APRIL/MAY 2016
We began to see increasing inventory and sales slowing down as early as August 2015. A growing number of people are carefully watching this market to act when they believe it is the “Best Value”.
Total number of sales: 5
Average sale price Average price per sq. ft. Average days on the market Close price to List price ratio Median sale price Minimum sale price Minimum price per sq. ft. Minimum days on the market Maximum sale price Maximum price per sq. ft. Maximum days on the market
Properties need to be priced correctly. Understand that according to the most recent real estate statistics, it will take an average of 147 days to sell a condominium in Key Biscayne and between 7 or 8 months to sell a single family home. In other words, in the market right now, it could take about 4 and half months or more to sell a property. So if you are planning to sell your home, plan ahead and be ready. Make sure you interview at least 3 or 4 real estate agents and hire the most qualified one. I would be more than happy to provide you with the key questions you need to ask every single real estate agent before you hire their services. This is one of the most important decisions you will make in your financial life especially when we are talking about multi million dollar properties.
CONDOS - APRIL/MAY 2016 Total number of sales: 32
Average sale price Average price per sq. ft. Average days on the market Close price to List price ratio Median sale price Minimum sale price Minimum price per sq. Minimum days on the market Maximum sale price Maximum price per sq. ft. Maximum days on the market
READ THE FULL KEY BISCAYNE 1ST QUARTER 2016 RESIDENTIAL REPORT Visit: www.cristinapreti.com
CRISTINA PRETI
330 Fernwood Rd #1, Key Biscayne
$1,067,218.75 $671.00 147 98% $917,500.00 $245,000.00 $384.38 20 $3,100,000.00 $1,229.05 341
305.815.5282
cristinapreti@me.com
*Data Provided By Southeast Florida MLSMATRIX 04/01/2016 - 05/31/2016
$2,295,000
2451 Brickell Ave #7T, Miami
Island luxury townhomes to be completed in 2017. 3 main levels featuring a large living, dining room, a spacious fully equipped kitchen, and a guest bathroom. 3 bedrooms, 3 bathrooms en-suite. Private pool and unique landscaping. Walking distance to the Village Park, rec center and beaches. Both townhouses are available for sell!
IFIGENIA GONZALEZ
$3,004,800.00 $831.94 262 94% $2,950,000.00 $1,169,900 $733.47 78 $4,475,000.00 $1,085.64 667
$339,000
Brickell waterfront, beautifully renovated and spacious 1 bedroom, 1 bathroom plus den. Direct views of the water! Marble floors, spacious closets, and large balcony with shutters. Amazing amenities, including tennis courts, heated pool, full gym and valet. Minutes away from the new Brickell City Center.
786.302.0596
CLAUDIA P. NUÑEZ
305.308.7220
K E Y BBIR S ICCAY R EY N TA L S K ENL E L K 350 Ocean Dr #605N
$11,500/Mo
Live in the most prestigious and newest building in Key Biscayne. 2 bedrooms + Den, 3.5 Baths. City and bay views. Sunset. Private elevator. Amenities include 500-feet private beach, lush landscaping, 100x100 relaxation pool. Pool restaurant. Beach service. Oceanview fitness center. Spa. Lap Pool. Tennis court. Putting green. Reception and Concierge service. Party, media and kids rooms.
101 Crandon Blvd #477
691 Hampton Ln, Key Biscayne
$14,900/Mo
Impeccable modern style, new house in very desirable corner location. tons of light, two stories, 6 bedrooms and 6.5 baths. main living room opens to nice covered terrace, office space, great gourmet kitchen, sub zero appliances, with family room, pool, big deck for barbecue with electric awning shade and jacuzzi! Lush landscaping, easy to maintain. Lessee to care for pool and yard. Best property in the market for this price range. Hurry it won’t last!
ANA INES BONET
K E Y B I S C AY N E
$4,500/Mo
Commodore Club East. Spacious and bright, recently renovated, 2 bedrooms / 2 full baths, hard surface flooring throughout, brand new kitchen appliances, washer and dryer inside unit, private balcony with gorgeous ocean views, impact resistant windows. Steps from the beach, pool, tennis courts, recreation room. Security and concierge. One covered parking space, bicycle rack and assigned storage.
MARILYN BORROTO
305.202.0022
LORENA G. MORILLO ANGELES FERRER 305.215.7693 305.798.6630
305.496.1701
BRICKELL KEY $799,000
170 Ocean Lane Dr #903
177 Ocean Lane Dr #1212, Key Biscayne
$395,000
888 Brickell Key Dr #2702
70-Unit boutique building with many services and amenities in our island paradise. Top corner penthouse floor. Spacious two bedrooms with city, bay view. Well managed building with security and lobby attended. Close to beach.
Spectacular view of the bay & city - high ceilings marble floors, ample closet, open kitchen, powder room, L-shape balconyHurricane shutters - granite counter top - security, 24 Hr valet & concierge, gym & more great place tocall home! **Vacant. Motivated seller!!
SYLVIA IRIONDO 305.934.7302
ELIA TARAFA 305.632.9607
BRICKELL
B RBI CRKI CE K LE L LKLE Y $509,000
31 SE 5 St #4219
Great opportunity to own a 2 bedroom, 2 bathroom unit at Brickell on the River condominium with views of the Miami River. 1 assigned parking space. Washer and Dryer inside the unit.
ANDREI DEBIAGGI
305.469.0897
690 SW 1 Ct #2116
EWM Offers A World Of Advantages For Realtors®, Too! If you would like to talk with me about the possibility of joining our EWM family, I’d be happy to hear from you. It’s a great time to be a Realtor® at EWM!
$349,000
Amazing opportunity to own a 2 floor - 2 bedroom loft at centrally located Neo Vertika. Ideal location and building in the heart of the Brickell area. Stunning views from both balconies, living room balcony overlooks river and master bedroom balcony overlooks pool and city. Great investment next door to brickell city center. All appliances included in sale. Hurry this wont last!!!
MARIA VINA RODRIGUEZ
$5,800/Mo
Spectacular completely remodeled & apartment in Key Colony Botanica. Spacious 3 bedroom, 2 bathroom. Kitchen with granite countertop and charming bright breakfast area. Very private and beautiful living area with a balcony overlooks lush vegetation. Porcelain tile floor throughout. Complex offers beach, pools, spa, gyms, tennis courts, playground, 2 parking spaces and 24 hr gate security. Close to villages restaurants, shops & schools.
305.790.5688
Vivian Galego-Mendez VP-Managing Broker Key Biscayne Office 305.361.5600
Key Biscayne Office • 644 Crandon Boulevard, Key Biscayne, FL 33149 • 305.361.5600