Icon Brickell Condo Miami is a premium condo development with some of the most luxurious residences found in Miami. It is located in the heart of the Brickell Financial District on the south side of the Miami River in Downtown, Miami. The complex is comprised of three spectacular towers – ICON Brickell North Tower, ICON Brickell South Tower, and the Viceroy Tower – as well as the ICON Brickell Plaza which connects the towers at their base.

About ICON Brickell

Icon Brickell Miami was developed in 2008 by Miami’s famed Related Group. The complex was designed by Arquitectonica. The development sits on a 10 acre site which includes parkland, and is in a very accessible location. Famed designer Philippe Starck has created some of the most amazing designs ever seen in a luxury condo complex, and the finishes in the residential units rival those of Miami’s most high-end homes. ICON also has the largest pool and resort area of any condo in Miami, measuring 2.5 acres. The popular Viceroy Hotel is integrated into one of the three towers and offers both condo-hotel and traditional condo residences.

ICON Brickell Community Amenities

ICON features some of the best building and community amenities found in Miami, including:

• Unique, contemporary architectural design
• Site surrounded by two parks, Biscayne Bay and Brickell Avenue
• Nearly 1,000 feet of water frontage to enjoy walking, jogging, or picnicking
• Dock on Biscayne Bay for residents and visitors to moor their vessels
• Stunning two-story entrance
• Valet drop-off
• Multi-level covered parking
• Two full-service restaurants situated bayside
• Smart building technology throughout the building and in every unit
• Top notch resort style spa
• State of the art fitness center featuring aerobic studio and treatment rooms
• His and hers lounges and relaxation areas
• Whirlpool tubs and cold-plunge pools
• Steam room and Redwood saunas
• WiFi on the sky terrace and in common areas
• 24 hour concierge staff
• Innovative poolside and bayside dining including Club 50, Eos and Café Icon
• Lushly landscaped, two acre outdoor “living room” more than 100 feet about Biscayne Bay
• 300 foot long swimming pool divided into a wading pool, thermal hot tub, and Olympic sized lap and recreational pool overlooking the bay
• Outdoor fireplace overlooking downtown Miami

ICON Brickell Residence Amenities

The luxury continues into the condo units at Brickell, which feature the following amenities:

• Spectacular views of Biscayne Bay, downtown Miami, Key Biscayne and South Beach
• A variety of urban floor plans
• 9 foot , elegantly smooth ceilings
• Floor to ceiling laminated windows with energy-efficient tinted glass
• Terraces with glass railings, accessed through both the bedrooms and living room
• High efficiency central A/C and heating unit
• Sprinkler fire protection system
• State of the art telecommunications including high-speed cabling to all TV outlets and home-run-configured CAT5 cable for phone and data communication
• Italian cabinetry in the kitchen
• Elegant stone kitchen countertops and backsplash
• 36” Sub-Zero fridge
• 30” Wolf glass cooktop
• 30” built-in Wolf dual-convention oven
• 30” microwave
• Bosch three-cycle dishwasher
• Double stainless steel sink
• Garbage disposal
• High-end, full-size stackable washer/dryer
• French limestone bathroom flooring
• Matching limestone vanity top
• Designer faucets
• European style bidet
• Walk-in marble shower
• Air Bubble jet system tubs in select units
• Elongated water closet

More Information about ICON Brickell Towers

For more information about Icon condos Miami, you call Allan Kleer @ 305 748 2058 or CLICK HERE to schedule a free consultation.

Grand Venetian Miami Beach Luxury Condos are located on Island Avenue just off the Venetian Causeway. This condo community boasts stunning views of the Downtown Miami skyline, shimmering Biscayne Bay, the beautiful city of Miami Beach and the intracoastal waterway. The Grand Venetian is situated at the crossroads of convenience, just a few blocks away from the luxurious Venetian Islands and minutes away from South Beach and the Lincoln Road pedestrian shopping plaza.

The Grand Venetian Miami Beach Luxury Condos are in a building that features luxury amenities at value pricing, right in the middle of vibrant South Beach. The 30 floor building was built in 2002, and units feature anywhere from one to four bedrooms. Prices run between the high $400ks to approximately $2.5 million. It was designed by Kobi Karp and developed by Apex and Zapata Development Groups.

Grand Venetian Community Amenities

The Grand Venetian is a warm and friendly condo community that boasts luxury amenities and 24 hour services. Residents of the Grand Venetian can expect:

• All glass construction
• Valet parking
• Front desk concierge
• Large pool area at the water’s edge
• Fitness facility
• Tennis court
• Management office
• Adjacent to The Standard, a full-service resort and spa operated by the owners of the Raleigh Hotel
• Prestigious location in the Venetian Islands just off of south Beach
• Nearby marina where residents can rent dock slips from the City of Miami Beach
• Secured parking for residents and their guests
• Ideal location near fitness facilities, Publix supermarket, Joe Allen’s restaurant and Epicure gourmet market
• Pool deck and party rooms overlooking the water
• Well-appointed interiors and lobbies

Grand Venetian Residential Amenities

The luxury does not stop at the lobby at the Grand Venetian. The condos within the Grand Venetian also feature stunning amenities, including:

• Spacious balconies, many of them wrap-around
• Floor to ceiling windows in all units
• Washer and dryer in all units
• Expansive terraces on the PH level
• European style baths with bidets and oversized Jacuzzi tubs
• Sumptuous baths with half glass shower enclosure
• Spacious walk-in closets
• Exceptional views of the city, ocean and intracoastal waterway
• Vast array of floor plans available
• Stainless steel kitchen appliances
• Kohler brand fixtures
• Broadband Internet access

Grand Venetian Neighborhood Amenities

The Grand Venetian Luxury Condos offer privacy and tranquility in a location that is truly in the heart of it all. Miami Beach has a limitless supply of activities and destinations for residents and visitors alike to enjoy. The night life of Ocean Drive is nearby to the Grand Venetian, offering partygoers plenty of opportunities to dance the night away. Shoppers will love the variety of high-end shops and boutiques at nearby Bal Harbour Shops. Foodies will love the endless supply of new restaurants in which to indulge all along Lincoln Road. There is truly something for everyone at the Grand Venetian Luxury Condos in Miami Beach.

Interested in buying or selling Miami Beach Luxury Real Estate? Call Allan Kleer @ 305 748 2058 or CLICK HERE to schedule a free consultation.

South of Fifth Condos are located in one of Miami Beach’s most coveted luxury waterfront neighborhoods. The area boasts an incredible array of trendy restaurants, designer shopping destinations, and close proximity to both the ocean and the bay. Often referred to as “SoFi”, South of Fifth condos provide residents and their guests some of the finest options in Miami Beach living.

South of Fifth Condominium Buildings

The South of Fifth neighborhood has some of the area’s most popular and luxurious waterfront condo buildings. They include:

• Apogee Miami Beach
• Bentley Hilton
• Continuum North Tower Miami Beach
• Continuum South Beach
• Icon South Beach
• Murano at Portofino
• Portofino Tower
• The Murano Grande
• Yacht Club at Portofino

Prices for units in the SoFi condo buildings run anywhere between the mid $300ks to upwards of $30 million. Condos are located on either the Atlantic Ocean or Biscayne Bay and feature between one and five bedrooms.

South of Fifth Dining

The SoFi neighborhood offers residents some of the best in local cuisine. Some of the terrific restaurants in the community include:

• Big Pink – touted as the best burgers in Miami Beach
• China Grill
• Clark’s Irish Tavern – a local favorite for traditional Irish fare and brews
• DeVito’s (owned by Hollywood actor Danny DeVito)
• Fogo de Chao Churrascaria
• Joe’s Stone Crab – only open in season, this eatery is always busy and is popular with locals and tourists alike
• Portofino Wine Bank – features a large selection of domestic and imported wines, beers and liquors
• Prime 112
• Red Steakhouse – features a beautiful rooftop with views of the ocean
• Smith & Wollensky Steakhouse
• Taverna Opa – features stellar Greek food and table dancing
• Texas de Brazil
  

South of Fifth Shopping and Recreation

South of Fifth condos also offer residents many wonderful opportunities for recreation and shopping in the neighborhood. Some of the can’t-miss places include:

• South Pointe Park – this park features an incredible light display, walking paths, and peaceful cascading water fountains facing Fisher Island and cruise ship alley. Great for sunset strolls!
• Miami Beach Marine – located at 300 Alton Road, just south of Icon South Beach and the Murano Grande, this marina features a deep sea diving center, a gourmet food market, and Monty’s restaurant. Visit Pinky’s Parasail rentals and American Watersports Jet Ski Rentals for an afternoon of water fun. Other services available here include the Tarpon Lagoon Dive Center for classes and dive trips, power boat rentals, yacht charters, sailfish tournaments, poker runs to the Florida Keys and the Columbus Day Regatta sailboat race.
• Nikki Beach Complex – located at 1st and Ocean Drive, this complex features two eateries, two nightclubs and beachfront huts. It also has beach access open to the general public.
• The Piagga Beach Club – features a saltwater pool and tasty mojitos to cool you off after a long day of play.
• South Shore Branch Library
• Spa 101 – located next to the Bentley Hilton Resort
• The Alton and 5th Street Shopping Center – located on the corner of 5th Street and Alton Road, this complex is home to Publix, Greenwise Supermarket, Best Buy, Petsmart, TJ Maxx, Subway, Brooklyn Water Bagels Store, and a Vitamin Shoppe.

Interested in buying or selling Miami Beach Luxury Real Estate? Call Allan Kleer @ 305 748 2058 or CLICK HERE to schedule a free consultation.

The extravagant lifestyle is what Apogee South Beach, an uber-deluxe, 22 story condo tower offers a few select owners. Only 67 stunning upscale penthouse style residences are available, making it one of the most exclusive condominium towers on Miami Beach. Apogee represents a distinctive residential living experience that is the pinnacle of exclusivity, superb quality and the privileged and pampered lifestyle.

In a Class of Its Own

Located atop a luminescent pool between the Portofino Tower and Murano at Portofino, the striking tower is the diamond of the neighborhood on Miami Beach. Surpassing the condominiums in its class, Apogee is distinguished by its above standard exhibition of luxury and affluent living. The impressive condo building illustrates the ultimate in unrivaled design, sophistication and superiority in every residence.

Envisioned by award-winning architectural design firm Sieer Suarez, and mega developer Jorge Perez, every exquisite detail of Apogee is selected to signify the epitome of advanced living. Privileged residents enter into a lobby and common area that showcases the strikingly contemporary and chic style of internationally renowned firm, Yabu Pushelberge.

After being amazed by the visual pleasure that is Apogee, residents are whisked via their own private elevators to their homes and gain entry with one touch, fingerprint access. The entrance to lavish living opens to reveal innovative and aesthetically stunning interiors with soaring 10 feet ceilings. From the floor-to-ceiling “optically clear” glass windows, which encompass the entire living space, the most awe-inspiring city and ocean views can be seen.

State-of-the-Art Amenities

The all inclusive residences offer Miami Beach condo owners top-of-the-line appliances, cabinetry and master baths, and sprawling, eleven feet wide terraces with summer kitchens. A masterpiece in design and functionality, Apogee South Beach reveals how sophistication combined with privacy, plus the latest residential technologies and service, translates into the ultimate Miami Beach lifestyle. Additionally, custom lighting schemes wiring for automatic drapery, “smart” technology tablets, DVD players built into mirrors and mini emergency kitchens in the master bathroom, complement the futuristic styling. Apogee is one of the most unique, luxurious and desirable condominiums building in all of South Beach.

Every condo was conceived to be THE most luxurious waterfront property in all of South Beach, each unit meant to be the equivalent of an “estate in the sky.” With only 68 units (some of which have been combined) Apogee is also one of the most private waterfront luxury condos avaialbe anywhere! Located within a few blocks of some of the best restaurants in South Florida such as Prime 112, Smith & Wollensky, The China Grill, and Joe’s Stone Crab to name a few, Apogee is truly one-of-a-kind.

Apogee in South Beach has just four impeccably designed residences per floor. There is also a flow-through design that ensures panoramic views of downtown Miami, Biscayne Bay, and Miami Beach. Apogee features just two floorplans, ranging in size from 3,200 sqare feet and 4,200 square feet. Each condo features 11’ deep balconies and can be tailored to individual owner’s specifications such as gas appliances and special “midnight” kitchens, a small mini-kitchen in the Master walk-in closet. Kitchens can also be equipped with multiple ovens, dishwashers, wine coolers, and fine European cabinetry.

Address & phone:
800 South Pointe Drive
Miami Beach, FL 33139
305-748-2058

For more information on these exquisite properties, click here.

Feel free to browse the The Kleer Team's Blog for Miami home tips, community news & Miami Beach Real Estate stories. Searching for Miami Beach Luxury Real Estate investment? The Kleer Team will help you find luxury South Beach Condos and Miami Beach Homes perfect for your needs.

Wish to live in a Downtown Miami Condo, but you simply can’t justify the steep prices that many of its neighboring luxury condominiums in the area are asking? The 1800 Club Miami may just be the solution! This uber-deluxe condominium building is located in the heart of Downtown Miami, with the Carnival Performing Arts Center, the Venetian Causeway leading to Miami Beach and the Miami Art Museum just minutes away. The building was designed by Bermello Ajamil and Partners and exclusively sold by Fortune International.

1800 Club Miami is a beautifully maintained structure with full amenities such as a state-of-the-art fitness center, spa, high-tech club room, lavish pool, brilliant entrance and lobby. It is also one of the most affordable waterfront condo units in the entire city of Miami, at prices that are in sharp contrast to what one would expect to pay in such a popular tourist hotspot.

1800 Club Miami Amenities

• Grand porte-cochere entrance
• Exquisite two-story lobby
• Lobby fountain wall
• Multi-level covered parking
• High-speed elevators
• State-of-the-art access and security
• Concierge staff and services with intercom access
• 24-hour valet parking
• Private storage facilities
• Upscale restaurant/bar overlooking Biscayne Bay
• Two-story recreational floor with bayfront deck
• Heated pool overlooking Biscayne Bay
• State-of-the-art gym with spectacular views featuring cardiovascular and fitness equipment rooms
• Yoga/aerobics studio
• Steam, sauna and massage rooms
• Tranquil feng-shui garden
• Billiards room with large-screen Plasma TV
• Party events room

Residence Features

• Spectacular panoramic views
• Floor-to-ceiling windows with impact-resistant laminated glass
• Elegant textured ceilings
• Generous balconies with glass railings
• High-efficiency central A/C and heating unit
• Top-of-the-line designer appliances
• Walk-in closets
• Imported marble flooring in bathrooms
• Granite kitchen countertops with backsplash
• European style, custom-built cabinetry with frosted glass doors
• Marble bathroom vanities
• Stackable washer/dryer
• Pre-wired with Cat5 high-speed data/audio/video transmission and high-speed Internet access in all bedrooms, living rooms and kitchens

The 1800 Club is currently having a Developer Close-out with drastically reduced pricing on the remaining inventory. The Developer has slashed prices to as low as $165/feet and up, which is below replacement cost! We have 1/1’s, 2/2’s, amazing 3/3’s with panoramic views of Biscayne Bay, South Beach, and Miami and a few unique lofts and townhouses.

Please contact us for our private database of incredible purchasing opportunities with original buyers who are currently very motivated. Due to confidentiality agreements, some of these deals are not on the open market. We have been instructed by these sellers to bring reasonable offers. Being nearby residents, we have personal contact with many of these owners!

•^v^–[ The Kleer Team ]–^v^•

For more information about Downtown Miami Luxury Condos call Allan Kleer @ 305 748 2058. Miami Beach Realtor Allan Kleer represents many first time buyers of Miami Beach Luxury Real Estate. Schedule an appointment for a personal interview.

Jade Signature Condos in Sunny Isles beach will be a 55-story, two-tower, ultra luxury condominium building, just south of the luxury Jade Ocean and Jade Beach oceanfront condo residences. Situated on over a two acre oceanfront site, Jade Signature will be a soaring tower that will be recognized for its signature brand name as well as a distinctive parallelogram shape. The parallelogram angles are to provide the oceanfront-exposed condos to the southern sun with no concrete columns visible on the exterior or interior spaces of the beachfront properties.

Rising 649 feet high, with a total of 224 total residences, Jade Signature Condos will be developed by Fortune International in conjunction with Swiss designers Jacques Herzog and Pierre de Meuron and includes Raymond Jungles, as the development’s landscape architect. These flow-through luxury residences will run from one-bedroom to six and will range in size from 1,400 to 4,600 square feet. The exclusive luxury penthouse condos will span in size from 6,000 to nearly 10,000 square feet

• 224 units
• range from 1 to 6 bedrooms
• 1,400 to 4,600 square feet
• penthouses: 6,000 to 10,000 sq ft

All of the oceanfront Jade Signature Miami residences will feature 10 feet high ceilings (higher ceilings for penthouse condos), private lobby entryways per residence and other deluxe features. Along with sprawling floorplans and oceanfront views, Jade Signature Condos will feature interiors by renowned designer Pierre Yves Rochon.

Condo Amenities

• Distinctive 55-story contemporary oceanfront tower designed by Herzog & De Meuron
• Interior design by Pierre Yves Rochon
• Three-story grand entrance contemporary lobby
• Lush landscaped gardens with tropical florals
• Oceanfront pool deck
• Large free-form lagoon-style pool
• Large lap swimming pool
• State-of-the-art fitness center
• Signature spa
• Beach grill
• Breakfast room
• Theatre room
• Club rooms & lounges
• Children’s rooms
• Library
• Business center
• Large meeting room set aside specifically for the homeowner’s association

Address:
16901 Collins Avenue
Sunny Isles Beach, FL 33160

(¯`·._) The Kleer Team ¯`·._)

Interested in buying or selling Miami Beach Luxury Real Estate? Call Allan Kleer @ 305 748 2058 or CLICK HERE to schedule a free consultation.

The former South Beach Community Hospital site in South Beach has been sitting empty and abandoned for many years. Located at the corner of Sixth Street and West Avenue to Alton Road, this is a prominent gateway to Miami Beach. Nearly all traffic headed East onto the island of Miami Beach from the Mac Arthur Causeway passes this site. The site of the former hospital represents a very large area of land, especially if combined with the former Vitri Site on the corner of Fifth and West Avenue / Alton Road.

Developer Russell Galbut held a meeting recently and proposed his development plans centered at 630 Alton Road, which is owned by Galbut’s Crescent Heights Development Company. Below is a picture of the initial (and unapproved thus far) mixed use proposal for the former Miami Beach Community Hospital site (and adjoining parcels).SoBePark (the overall proposed name of the site) also would have 200,000 square feet of residences and other features, including a public park. One of the Architects at the meeting re-envisioned the three blocks at the core of the West Avenue complex as having one level of underground parking and two levels of retail space, to be topped off with the park. A separate garage on a site northeast of the proposed retail center also will be topped off with green space. The architectural plan (thus far) is to have a residential tower on the southern end of the site, with the goal of reconfiguring the MacArthur Causeway off-ramp onto Alton Road. This would create a better flow of car traffic and better pedestrian access in and around the area, according to the Developer. Mr. Galbut wants to build 450,000 square feet of upscale retail resembling The Colonnade Outlets at Sawgrass Mills. The public is encouraged to continue participating in the process of shaping this important Miami Beach mixed use project.

The main beneficiaries of a redevelopment of the Sixth and Alton Site (whether it be retail / residential/ or combined commercial with residential development) will be the luxury condo residents in the immediate area. The former Miami Beach Community Hospital site is directly across from The Bentley Bay, which is located on the water on Sixth Street & West Avenue. The Bentley Bay condos were originally sold and marketed as Miami Beach's luxury gateway, with incredible views of Biscayne Bay and downtown Miami. In the immediate North of Fifth area along Alton Road is the Fifth and Alton Shopping Center, a thriving retail destination.

The soon to be revitalized Sixth and Alton / West Avenue area of Miami Beach should also benefit the nearby "South of Fifth" condo buildings across the street as well, especially Icon South Beach & The Murano Grande. The former South Shore Hospital site is the last large land area in Miami Beach that has been undeveloped, or needing to be redeveloped, since Miami Beach began its real estate and tourist renaissance in the mid 1990's. The proposed SoBePark Development, as outlined by Mr. Galbut & Crescent Heights, has a strong chance to transform the West Avenue / Alton Road area into Miami Beach's most desirable place to live, shop, work and play.

MIAMI BEACH RE-DEVELOPMENT ARTICLE LINKS :
http://www.bizjournals.com/southflorida/print-edition/2011/10/07/crescent-heights-to-build-on-former.html

http://www.bizjournals.com/southflorida/news/2012/04/27/a-park-tops-crescent-heights-planned.html

http://therealdeal.com/miami/blog/2012/04/26/miami-beach-gets-eight-proposals-for-convention-center-revamp/

http://www.miamiherald.com/2012/04/19/2757805/developer-to-review-design-proposals.html

For Immediate Release- Celebrity Penthouse in Downtown Miami SOLD
Miami, February 23, 2012

TheKleerTeam, Miami's Luxury Condo Specialists, just sold Luis Miguel's Penthouse Condominium located in Downtown Miami at Jade Brickell on Biscayne Bay. Allan Kleer from Fortune International Realty's TheKleerTeam was the Exclusive Seller's Agent.

Luis Miguel, often referred to as "El Sol de México" is also known for his high-grossing tours and his outstanding live performances, and is a widely recognized worldwide performer. Combining the International Marketing resources of TheKleerTeam and Fortune International Realty, this unique residence was promoted to Top Partner Brokers in Europe and Latin America. The Buyer of this Palace in the Sky was a Dutch foreign national, who closed on the all-cash transaction in ten days.

Jade Brickell Penthouse #4605 is a flow through residence (East to West) with three balconies, a total of 3,860 Sq. Ft. of living space, with 4 bedrooms and 4.5 baths. The Condo was sold furnished, and was on the market for approximately four months. This Mayan-themed, custom designed flow-through residence is located on the 46th floor of the Jade Brickell Condominium Tower, with a private elevator that opens directly into the Living Room. Mr. Miguel had hired an Interior Designer to create his own custom floorplan for this unique Penthouse Residence. As a result, the Penthouse can be converted into a grand entertainment space, by opening the custom designed sliding glass doors off of the the Master Bedroom which lead into the Living Room and Kitchen. This incredible Penthouse condo features expansive views of Bicayne Bay, the Atlantic Ocean, Key Biscayne, the Port of Miami, and the City of Miami Beach in the distance.

About Allan Kleer PA and TheKleerTeam
Allan Kleer, M.B.A., P.A. leads one of Greater Miami's Top Real Estate Teams for over 13 years. A graduate of the University of Michigan, with a Master’s in Business Administration in International Target Marketing. Having successfully sold and closed over $100 Million in both luxury residential and commercial properties in Greater Miami, Miami Beach, Bal Harbour, Sunny Isles Beach, and South Beach. Allan attributes his success to an extensive international network, a thoroughly trained and professional team of Agents. The KleerTeam is committed to bringing added value to every real estate transaction. Allan and his team of agents are fluent in English and Spanish, with a working knowledge of French and Portuguese.

The KleerTeam’s formula for success is the implementation of a truly international and aggressive marketing campaign, combined with state-of-the-art property promotion tools and over 25 years of combined real estate sales experience. The Team’s combined expertise, strong emphasis on teamwork, attention to detail & partnership with Fortune International Realty, are at the core of a successful approach to real estate sales success.

LUIS MIGUEL'S JADE BRICKELL PENTHOUSE

Over the past year, we're seeing Miami Beach luxury condo buyers come from all across the globe. Close to 50 percent live in another country, and the balance are people who may live in the USA and have taken advantage of the price corrections of the past few years to purchase a second (or even third) waterfront luxury property in Miami Beach. Additionally, many foreign buyers purchase under an LLC corporation as a way of hiding assets from foreign tax authorities. They tend to have a local mailing address, which can belong to a registered agent or their accountant and/or attorney's local office address.

In spite of the recent ups and downs of the real estate industry in the United States, and Greater Miami in particular, it's still a safe investment environment by global standards. Among our top clients, there's always the mindset that if something is wrong anywhere else, the U.S. is a relative safe harbor to invest cash. For example, many Latin American real estate investors are looking for a safe haven from government expropriation of private bank accounts and real estate assets, such as what occurred in Argentina and Venezuela this past decade.

Greater Miami has become the destination place for many different cultures from Latin America- with the top luxury waterfront condo buyers coming from Brazil, Argentina and Eastern European countries. Particularly for Miami Beach condo buyers, the allure to its climate, newly revitalized cultural life, security, the beaches, and its international flavor have increased the appeal of waterfront luxury condos- most especially in the premier areas such as Miami Beach's South of Fifth Street Neighborhood.

In particular, ultra-luxury waterfront buildings such as The Continuum on South Beach, Apogee Miami Beach, The Portofino Tower, and The Murano at Portofino have witnessed dramatic declines in active listing inventory, and increases in sales prices. For example, the latest sales at The Continuum on South Beach have been at well over $1,350/S.F., with some even surpassing the "boom" market real estate highs of $2,547/S.F. (see the latest Miami Beach luxury condo listing inventory and closed sales at bottom of this post).

Total Available / Active "For Sale" Condos - Most Popular Miami Beach Luxury Waterfront Buildings:

Apogee Miami Beach: 6($2,200/ S.F. Average ASKING Price)
The Continuum North Tower: 49($1,262/ S.F. Average ASKING Price)
The Continuum South Tower: 19 ($2,353/ S.F. Average ASKING Price)
The Portofino Tower: 18 ($932/ S.F. Average ASKING Price)
Murano at Portofino: 13 ($1,450/ S.F. Average ASKING Price)
Murano Grande:18($788/ S.F. Average ASKING Price)
Icon South Beach: 33 ($1,062/ S.F. Average ASKING Price)
The Bentley Bay (North & South Towers): 9 ($630/ S.F. Average ASKING Price)
Il Villaggio on Ocean Drive: 10($1,419/ S.F. Average ASKING Price)

Total Condos Available for Sale from Above Referenced Miami Beach Buildings: 175
Total Average Listing Inventory (per Miami Beach Condo): 19

Total 180 Days Closed Sales of Above Referenced Miami Beach Condos: 71
Months of Supply for Above Referenced Miami Beach Condo Buildings: 2.5 (just ten weeks supply!!!)

Miami Beach Condo Sales and Listing Inventory Conclusions:

Traditionally, a six month supply of listing inventory is considered to be a normal & healthy real estate market. Given that we now have UNDER a three month supply in the nine above referenced Miami Beach waterfront condo buidings, expect sales prices to continue a strong UPWARD trend.

As noted in our most recent Newsletter, we're seeing tremendous Foreign Buyer demand not only for Miami Beach Condos and waterfront homes, but for general Miami Real Estate located in premier waterfront locations. There's been virtually NO new large-scale construction in six years (since the start of the Real Estate downturn in late 2006), and there's virtually no watefront land available for development in Miami Beach. Even in previously distressed Miami Beach condos, most notably The Bentley Bay, we've seen a dramatic decline in available inventory of condos available for sale. In 2008-2009 there were well over 100 distressed sales, and today there are just EIGHT condos currently for sale.

Prices for Bentley Bay condos are also UP significantly from market lows averaging $350/SF to a current average asking price of $631/SF. It's my belief that the CLOSED sales prices will reach these new ASKING prices within the next year, due to the very limited number of Miami Beach condos available for sale. The overall inventory levels are also near six year lows for waterfront condos in the South of Fifth Street neighborhood- such as The Murano at Portofino, Continuum Miami Beach, Apogee, The Portofino Tower, Icon South Beach, Murano Grande, and The Yacht Club.

This rapid absorption of available Miami Beach condos inventory is due to the following :

The newest waterfront Miami Beach condos were built in THE best locations in Miami Beach, such as the South of Fifth Street neighborhood. For example, The Continuum Miami Beach Condos are on a twelve acre Oceanfront site that is at the SouthernEastern tip of Miami Beach. The site of The Continuum, for example, was THE LAST premier waterfront location in Miami Beach.

Below are the YTD 2012 Sales of Miami Beach Condos (South of Fifth Only) over $1 Million: