Type: 1 bedroom
Luxury Miami Highrise - Final Closeout!
DOWNTOWN MIAMI at just $99,900- UNBELIEVABLE!!!
Forbes votes Miami # 1 in "Best Cities For a Housing Recovery"
Sales in Miami up 27% over last year!!
Luxury one bedroom apartments available
Forced sales - prices significantly reduced from $300,000
Many units already tenanted producing 10% gross yields
Superb downtown location - Excellent capital growth potential
Your own dedicated property consultant throughout the purchase
Perfect long term investment in an established market
"If you have been sitting back waiting for something to come up in Downtown Miami Florida to add to your portfolio it´s finally here. After searching the market for nearly 12 months, this is the first opportunity that we have found under $150,000 per unit and we are significantly below that. If you have done any market research on the Downtown Miami condo market, you will understand how incredible of value this really is. We have received 8 brand new luxury units located Downtown Miami halfway between Brickell and Coral Grables priced starting from $99,900. In the peak of the Miami condo boom, Downtown condos were getting anywhere between $450-$500 a foot. Currently, units are selling anywhere between $150-$300 a foot on the open market and we have got the following on average of $130 per square foot. This is the hands down lowest level you will EVER be able to buy a luxury unit in City Centre Miami!! All of the units below come with tenants in place and due for immediate cash closing. There are only 8 units available and are first come first serve."
Overview
A new alternative to high-rise and home living in urban Miami. This European-style building design, resembling the famed Flatiron Building in New York City, offers unobstructed views of the Miami skyline, Downtown, and Coral Gables. A building conceived to generate individual and collective value to be maintained in the long-run. Offering one, two and three bedrooms, unique lofts, and even luxurious double-height Penthouses. Comprised of 135 residential units distributed throughout 17 stories in Little Havana over 10,000 sq. ft. of retail space in the ground floor. Adding to the appeal is a club room, brand new fitness center and a lanai pool deck with heated swimming pool where you can sun, swim and enjoy the views of the city. A short distance from restaurants, shopping and performing arts centers. Minutes away from the Miami International Airport and South Beach!!! Unit owners and residents are within minutes of Brickell, Downtown, The University of Miami, Coral Gables, and Coconut Grove. More importantly, the property is located conveniently close to the entire Court System and Regional Hospitals where there is a high demand for affordable employee housing. In addition, Forbes just voted Miami # 1 in an article published August 19, 2009 titled "Best Cities for a Housing Recovery". Check the article out here: http://www.forbes.com/2009/08/13/recovery-cities-homes-lifestyle-real-estate-housing-recovery-cities.html. Only 3.5% of units on the market are foreclosures showing that most foreclosure sales have dried up.
Only 3.5% of resale market in Miami consists of foreclosure sales making these units an extremely rare find in this location.
Miami Lifestyle
The whole world wants to be in Miami. For the weather, the music, the fashions, the flavor of the tropics infused with a cosmopolitan style found nowhere else on the planet. A business capital with five-star hotels and hip restaurants, jungle gardens and coral reefs. Living in Miami is an endless feast for senses.
Ameneties
· Open kitchens with Whirlpool appliances
· Impact windows and sliding doors
· Private balconies offering panoramic views and expansive terraces on selected units
· Stainless steel sink and garbage disposal in kitchen
· Spacious walk in closets
· In unit washer/dryer
· Full-sized tubs in master bath
· Expansive balconies with great views
· Walk-in closets
· Pre-wired for telephone, high-speed internet, and cable
· Energy efficient cooling and heating systems
· Ground floor Sundry shop
· Great internal plaza trellised, with sun deck
· Functional recreation room
· Covered parking garage
· State-of-the-art Fitness Center
· Business Center
· Storage space
· Commercial and office space
Kitchen Features
· Ceramic tiled open-plan kitchen
· Stainless steel sink
· Garbage disposal
· Top quality appliances, designer style countertops with backsplash
Bathroom
· Porcelain sinks
· Full height mirrors
· Designer lighting over vanities
· Full size tubs
· Ceramic tile
Unit #
Plan
Floor
Sq Ft
View
HOA
Price
Rent Acheived
Lease End Date
402
Studio
4
695
East to Downtown/Brickell
$278
$99,900
$800
30/6/2010
502
1BR/1BA
5
696
East to Downtown/Brickell
$278
$101,900
$800
30/6/2010
704
1BR/2BA/Study
7
930
North to Hospital District
$372
$135,900
$1100
30/9/2010
711
1BR/2BA/Study
7
904
West to Coral Gables on Balcony
$305
$101,900
$1050
31/10/2010
809
1BR/2BA/Study
8
796
West to Coral Gables on Balcony
$318
$107,900
$1000
31/5/2010
1106
1BR/1BA
11
741
North to Hospital District
$296
$101,900
$1000
30/9/2010
1206
1BR/1BA
12
741
North To Hospital District
$296
$105,900
$1000
30/6/2010
1213
1BR/2BA/Study
13
784
West to Coral Gables on Balcony
$314
$109,900
$1000
31/10/2010
**All views are very urban with the larger city views at a distance providing the beauty.
**IF YOU´VE DONE YOUR HOMEWORK, YOU´RE WELL AWARE THAT LUXURY DOES NOT COME AT THIS PRICE IN MIAMI!!!**
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