The Best Miami Real Estate Deals | The Art of Finding a Great Deal

These are the Best Miami Real Estate Deals in the Last 3 Months

Many buyers are looking for a good Miami investment opportunity and only want to buy at the right price. For those we want to make it clear that great Miami real estate opportunities still exist, but you need to know where to search for them. The condo market offers better opportunities than the single-family home market and there are certain neighborhoods and price ranges that are more investment-driven or vulnerable to economic change, which leads to better opportunities for buyers. We do see properties being sold at 30% off their original listing price so whenever you have a property in mind do call us to learn about its true market value.

Please find below the 10 best Miami real estate deals. For more opportunities please contact the David Siddons Group today!

The David Siddons Group has written several articles on how to vulture a great deal and where to find the best opportunities. In our 2020 Miami Real Estate Report we dedicated two chapters on “Great Opportunities”. In Part 2 we selected several price points in selected neighborhoods that offer great opportunities and in part 4 we selected 10 condos that offer great opportunity. This does in no way mean these are undesirable areas or condos. These are desired areas and condos that are currently offering real estate below previously achieved prices.

Read the blogs here or contact David directly at 305.508.0899

The Best Miami Real Estate Deals in the Last 90 Days

650 NE 32 ST Unit#4801 (Paraiso Bay), Edgewater
Sold for $900,000 with a 23% Discount

A high-floor corner unit in the most desired 01 line at Paraiso Bay with breathtaking views of Biscayne Bay and the Ocean, Miami Beach and Midtown. This unit offers 4 bedrooms, 4.5 bathrooms and was sold completely turn-key. Its features include Grey Polished Marble floors, automatic remote-controlled blackout shades + elegant linen curtains, custom closets by Italkraft,  2 large balconies, 2 assigned parking spaces and a private foyer and elevator.

Originally listed for $1,450,000 this unit was last listed for $1,175,000 and eventually sold for $900K. That is 23% off from its last asking price and 38% of its original asking price.

9400 W Bay Harbor Dr # 504 (Riva), Bay Harbor Islands
Sold for $900,000 with a 18% Discount

This waterfront Corner Unit in Bay Harbor offers 3 bedrooms,  3.5 bathroom and is fully finished with white porcelain floors throughout. This fully turn key unit comes with Window treatments (blackouts and sheer curtains), Bosh appliances and a Large terrace with beautiful views of water & Indian Creek golf course. Fully decorated by ARTEFACTO. Boutique Building with private elevator, private storage and 2 parking spaces. 

This unit sold for $900,000 after being originally listed for $1,150,000. Its last asking price was $1,095,000 which is 18% higher than its sales price.

3210 Crystal Ct, Coconut Grove
Sold for $2.3M with a 18% Discount

This Florida Key West Island style masterpiece is constructed to the very highest standards by luxury builders L&H Partners.  The grand formal living reception boasts 22 ft. high soaring ceiling opening to refined living spaces, well-situated for effortless entertaining with a wet bar and gas log fireplace. This 4,500 SF home offers 5 ensuite bedrooms each with full private bathroom and large walk-in closets with built-in cabinetry & oversized windows & doors.

It was originally listed for $2,999,000 then reduced to $2,799,000 and finally sold for $2,300,000. The David Siddons Group represented the buyer in this deal.

11035 Marin St, Coral Gables
Sold for $2.6M with a 23% Discount

This luxurious one story home is located in guard gated Hammock Oaks. The updated designer home features 6 bedrooms and 7.5 bathroom,  gourmet kitchen, dining room with fireplace, walk-in closets, marble and wood floors, and bonus spaces all around the house for a gym, extra storage, additional living room, billiard/play room. It offers your own retreat in the oversized backyard with covered terrace, fully equipped summer kitchen, heated saline pool, gazebo with wet bar and cabana bath and as if that is not enough it has a regular size basketball court. This home is steps away from the Marina offering two docks. 

This home was listed for $3,380,000 and sold for $2,6M, which is a  23% discount

3470 Poinciana Ave, Coconut Grove
Sold for $3,8M with a 17% Discount

This 5 bedroom home offers a design that embraces the garden setting its in. The minute you walk through the front door, it feels like you are in a beautiful garden setting. All glass exterior facing the garden and a seemliness flow from all areas inside to outside. Modern yet warm design and perfectly balanced use of space and land. Situated in the desirable gated Four way estates community, in south grove off the bay. Walking distance to the center of the Grove where a total transformation is taking place making the Grove more desirable than ever. Here you can live the ultimate lifestyle in Miami, walk to the local cafe and enjoy peace and tranquility in a stunning setting at home.

It was originally listed for $4,595,000 and sold within 35 days $3,800,000. That is a 17% discount

9705 Collins Ave Unit#1102 (St Regis Bal Harbour)
Sold for $4.1M with a 15% Discount

This 3 bedroom unit with 3,133 SF offers sunrise and sunset views and was sold turnkey. Located on the ocean, across the street from the world-famous Bal Harbour Shops, St Regis offers a true 5-star resort lifestyle. 

This property was originally listed for $4,850,000 and after being 130 days on the market it sold for $4,100,000. That is 15% less than its original asking price. The David Siddons Group represented the buyers in this superb deal. The St Regis Bal Harbour is know for its great Miami real estate deals. The condo also appeared in our top 10 of Miami Luxury condos with the best potential for great deals

1000 Biscayne Blvd Unit#3601 (One Thousand Museum) Downtown Miami
Sold for $4,480,000 with a 37% Discount

AUCTION: This unit in the brand new and ultra luxurious One Thousand Museum was sold fully furnished and ready to move in. Beautifully designed and decorated this 4,876 square foot unit offers a custom designed floor plan with 2 Master Baths, an open family room and a convertible Den/Office. This condo offers 7 Star services with the only Heliport/Helipad, Sky Lounge and Indoor pool, designated private Beach Club in South Beach, hospitality concierge and a private resident’s only car.

This unit originally asked $7.1M and sold via auction for $4,480,000, That is a 37% discount and certainly one of the  best Miami Real Estate Deals made in the last year.

1525 N View Dr, Miami Beach
Sold for $12M with a 25% Discount

This property is located on the desired Sunset Islands of Miami Beach. This Palm Beach style home has been built using the finest materials to create an elegant & timeless property. Boasting 4 bedrooms, 5.5 bathrooms and 7,725 total SF this home sits upon a 37,578 SF lot on coveted, guard-gated Sunset Island I with 165’ of waterfront and wide bay views in this impeccably designed waterfront home. Features: a waterfront gym w/ a spa room, modern, sleek open Poliform kitchen w/ top-of-the-line appliances, wine-cooler, 2-car garage & 3-car carport, expansive fresh-water lap pool, brand-new private boat dock, expansive master suite with his/her sinks & walk-in closets, a service entrance & a glass enclosed private office.

1525 N View Dr was listed for $15,900,000 and sold for $12M, a 25% discount.

460 N Mashta Drive, Key Biscayne
Pending with a Discount (To be communicated)

This Incredible waterfront mansion on a rare point lot offers direct ocean access. The property was rebuilt in 2015 on two combined lots, This high-end construction is extremely private & sits on almost an acre of land, providing for expansive views over the water and the Florida State Park.The property is a true boater’s dream with 200 SF of water frontage,2 boat docks & a new seawall. The completely gated mansion offers 7 bedroom, 9 bathrooms and the highest level of finishes.

This property was originally listed for $19,500,000 after which it was reduced to $18.5M. It was then listed by the David Siddons Group for $15,5M and is now pending for an amount that is to be communicated soon!

23 Tahiti Beach Island Rd, Cora Gables
Sold for $16M with a 27% discount

This elegant estate in the exclusive and gated Tahiti Beach community offers 7 bedrooms and 12,862 SF of living space. This property offers double height ceilings in the living room, a Den/Library with built-in wood shelves, a chef’s kitchen, a movie screening room with built-in bar & beverage center, a 2,500 bottle glass wine cellar with 3 temperature controlled zones and a poker/card room with direct access to incredible covered patio that leads to pool, boat dock, home gym/sauna and health bar.

This home was listed for $23,990,000 after which it was reduced to $21,990,000. It eventually sold for $16M. That is 27% below the last asking price and 33% below the original asking price.

Contact the David Siddons Group today to learn more about great investment opportunities in Miami or Fort Lauderdale

David Siddons | 305.508.0899 | David@siddonsgroup.com

David Siddons is a top producing Miami realtor and a Director of Luxury Sales at Douglas Elliman. David is known for his market analysis and he is the author of several of Miami’s most sought- after real estate reports and forecasts.

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Akbota YerseitAkbota Yerseit
13:29 03 Jun 22
Excellent leaders!
Cathryne HaladnerCathryne Haladner
12:12 18 Sep 21
We have only superlatives to describe how wonderful Cris Buzolin was throughout the process of selling our townhouse in Coral Gables. We were away in the UK while the transaction was taking place and Cris handled everything-from clearing out our house, selling contents when she could, arranging the moving and storage and dealing with some very difficult problems which arose. Always patient and very willing to help in every way, Cris is a consummate professional who really cares about her clients and worked extremely hard to get the price we had asked for and make things for us as easy as she could. Nothing was too much for her to handle.Cris and Marianela (who provided additional very helpful assistance to us during the transaction) are part of the team that David Siddons has assembled.When we decided to sell our property, we contacted David and he established the framework for the transaction and ensured that everything proceeded smoothly and in accordance with our wishes. In sum, David Siddons and his team are extremely competent and professional and we are totally satisfied with the service they provided. To repeat, Cris Buzolin in particular, went way beyond what one would expect from a real estate agent. The David Siddons Group has our highest recommendation!
Jose Eduardo FilhoJose Eduardo Filho
17:17 13 Jul 21
I thank the whole team and especially Cris Buzolin who, in a very professional and competent way, helped me to sell my property safely and in the best market condition.
Idan Singh (Idan)Idan Singh (Idan)
19:53 07 Jun 21
Great Service for British Expats looking to move to the States.
Simone GarrettSimone Garrett
17:20 26 Feb 21
Fantastic group of people to work with!! David and Adriana were responsive and professional throughout the entire process. We weren't familiar with South Florida so David took us under his wing and did a fabulous job giving us a tour of select neighborhoods in South Florida and shared a great deal of information about each. We fell in love with the Botaniko community in Weston and closed the deal with Adriana. If you are buying/selling this is the team you want to work with!! Thank you guys for helping us find our dream home.
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