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Key Biscayne Condos Category

Values Are On The Rise At Key Colony!

December 17th, 2013 Written By

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Breaking news for residents of Key Colony, the value of your condo has risen during 2013!  The building with the highest increase in value is The Tidemark which experienced a 25% rise in the average selling price/sq. ft. between 2012 and 2013.   Other buildings saw increases of 16% to 24% over the past year which is still a great return on your investment. It is easy to see why Key Colony is in such high demand right now.  With over 40...Continue Reading!

3 Closed Sales In The Commodore Club In The Past Month

December 3rd, 2013 Written By

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The real estate market has been busy at The Commodore Club this month.  Not only have 3 units closed in the South Tower but they have also sold in a short amount of time and very close to asking price.   These units sold in less than 40 days which is well under the average for most condos on Key Biscayne which take over 100 days to sell. For those of you who are not familiar with the Commodore Club, it is...Continue Reading!

Key Biscayne Condo Market Update | The Ocean Club And The Grand Bay

November 27th, 2013 Written By

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You've likely read the news all over South Florida that condo values are on the rise.  I wanted to give my readers a more in-depth analysis of specific condo buildings on Key Biscayne and show how far they have come over the past few years.  You will see in the charts I created below that Key Biscayne condo owners have made significant gains since 2010. In today's post I will feature The Ocean Club and The Grand Bay.  In order to...Continue Reading!

Challenges In The Key Biscayne Condo Rental Market

November 27th, 2013 Written By

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I have been working with clients for the past few weeks who are looking to rent a 3 bedroom apartment at The Ocean Club or The Grand Bay.  The search has been a bit challenging for a couple of reasons.  First, there are many condo owners who would prefer to rent their units only during the high season and use the condos themselves as a second home during the rest of the year.  Another issue has been owners who have...Continue Reading!

Great News For Residents! Foreclosures Are Down On Key Biscayne

October 24th, 2013 Written By

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Key Biscayne is seeing a slowdown in the number of foreclosures hitting the market.  There have been 7 foreclosure properties sold so far in 2013 (all were condos) compared to 19 during the same period of 2012 (18 condos/1 single family home).  This is a trend we are experiencing across Miami-Dade County.  With values on the rise, we are seeing fewer and fewer homeowners defaulting on their loans. Details of foreclosures sold on Key Biscayne during 2013: 600 Grapetree Drive, Unit 3BS...Continue Reading!

Prices Are On The Rise At The Commodore Club!

October 17th, 2013 Written By

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Great news for residents of The Commodore Club!  There has been an increase of almost $100/square foot in values compared to the same time period last year.  These figures are part of a trend of increasing values in the Key Biscayne condo market.  Our market is changing on a daily basis as new sales come across the wire.  If you are interested in learning more about the value of your Key Biscayne condo or home, please feel free to give us...Continue Reading!

What Can $1,000,000 Buy You On Key Biscayne?

September 30th, 2013 Written By

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I am working with some clients who are in the market for condos on Key Biscayne.  They asked me what they could buy on the Key for approximately $1,000,000.  I pulled up some of the recent closed sales for them to view and thought I would share them with you here on the blog. Here is a sample of what you can buy on Key Biscayne for $1,000,000: Casa Del Mar | 881 Ocean Drive, Unit #3D | 1,875 Sq. Ft. LA | 2 Bedrooms, 2...Continue Reading!

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