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The Market For Miami Luxury Condos Keeps Getting Better: Improved Sales And New Projects

April 30, 2012 | Comments: 0 | Views: 150

There has been so much going on as far as the Miami real estate market is concerned. With so many projects in the works, there seems to be no time to stop and smell the flowers, especially since the demand for Miami luxury condos is showing no signs of slowing down now that the market conditions seem to be doing better than they have ever been in the last couple of years.

Within Miami's urban neighborhood of Brickell, one condo development called the Icon Brickell which had turned out to be more than the developers could handle has managed to go from being hopeless to becoming a big success as more than 1,500 of the 1,800 units within the three luxury condo towers have finally been sold on the property market.

The upscale village of Bal Harbour which is located along the northern tip of Miami Beach is yet another high-end beach destination that has been among the top options for people who seek Miami luxury condos. In fact, one of the prime options within the village is the St. Regis Bal Harbour which offer ultra-luxury private residences valued at a price range of $1.9 million up to $6.2 million.

In areas such as the city of Sunny Isles Beach, the price per square foot has gone up to as much as $525. Not more than three years ago, the price per square foot within the city had been as high as $1,000 which is almost double today's figures. Nevertheless, the fact that the market is picking up once again has definitely been great news for the city which is now expecting more luxury condos to be developed with The Mansions at Acqualina and the Porsche Design Tower being two of the most highly anticipated projects within the city.

Even the city of Aventura is looking forward to a brand new addition to its first-class series of high-rise residential options as one of the most sophisticated Miami luxury condos called the Bellini at Williams Island is expected to set rise on Williams Island where people can look forward to outstanding amenities and features that exclusively offered to residents and guests of the island.

With so many great developments to look forward to in the future, people will really want to keep an eye on the market for Miami luxury condos and the best way to do so is to get in touch with a real estate agent that can provide all the relevant information regarding the most outstanding options within the region today.

Yaz MorganMiami Luxury Condos

Source: EzineArticles
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