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    What Are the Best South of Fifth Condos For Sale in 2019?

    October 31, 2018

    The Best 5 Condos for Sale in South of Fifth – The 2019 Update

    The below is a list of the best South of Fifth condos for sale in 2019!  Remember it is the unit by unit analysis that matters and although we may be general advocates of a building, it does not mean we like all the units. We understand all the different lines, so it is important to recognize the good units (corners units and those with water views) from the less desired units (‘back facing’ units, low floor units or units with a bad floor plan). The below properties are in no specific order. Please know that we have a dedicated Continuum South Beach webpage that focusses on the namesake condo as well as on the general South of Fifth market

    Call me for more info at 305.508.0899. We also have off-market product to discuss if you are a buyer!

    What Are the Best South of Fifth Condos For Sale in 2019?

    Continuum on South Beach

    The resort-style complex offers 521 units divided over the North and the South Tower. Continuum provides for a unique living experience, because of its ideal location on the most southern point of South of Fifth. It enjoys spectacular water views and offers many very large units, which is desired with buyers. The Continuum condo is known for amazing amenities and first class services. The north tower opened its doors in 2008, while the south tower has been open since 2002. For the South Tower, the best lines are the large corner units overlooking the government cut and the Atlantic Ocean, which are lines: 06 (Floors 5-21), Line 05 (Floors 22-29) and Line 04 (Floors 30-39). The best line in the North Tower is either the 01 or the 02 line above the 22nd floor. Both are expansive, corner units with superb water views. Continuum units start selling just below the $1M mark, for smaller, low floor units without any spectacular views. Click on the button below to see all Continuum units for sale in each tower

    Apogee

    This boutique condo offers 22 stories and 68 residences and is ideally located on the most Southern Point of South of Fifth offering excellent water views. With only four residences per floor this condo is considered a perfect condo for privacy. All residences (there are only three floor plans available apart from the Penthouses) are extremely spacious with either 2,756 SF, 3103 SF or 4145 SF. The penthouses measure 6,853 SF. All units at Apogee offer flow-through design to give each unit both a water view and a city view.  Other features that make this condo extremely desirable are the extra large balconies and the concierge level services. Units at Apogee are selling between $7M and $15M. The corner lines 01 and 04 are the largest and most desirable floor plans.

    321 Ocean

    321 Ocean is an extreme boutique condo with only 21 residences in a prime location. This is a perfect condo for those who want to be low-key and value their privacy. The brand new building might be classified as a primary residence, which is rather unusual for the Miami Beach market in which most properties are investments or used as a second or third residence. This is the only brand new condo in South of Fifth that is right on the sand (literally a few feet). This project offers two towers, one is located on ocean drive with views of the street and one is located right on the beach with spectacular water views. The best lines would be the 2-story Beach Villas (200 or 201) or the Penthouse.  Units at 321 Ocean range between $5.5M and $26M. The PH which sold for $26M, reached the highest sales price per SF ever achieved in South of Fifth.

    Murano at Portofino

    Murano at Portofino is the most affordable condo of this list. The condo offers units that range between 1,008 SF to 3,365 SF (few units are bigger) and trade between $750,000 and $6M. The $750K unit is for a low-floor, 1000 SF unit. The best unit at Murano is the 01 (A) Line. This line is the largest unit (3 beds and 3,365 SF) in the condo that covers the northern top of the condo providing for Bay, City and Ocean views.  Murano at Portofino is a low density condo with 187 units over 37 floors. The building provides for a luxurious lobby as well as two heated bayside pools with food service, two tennis courts, fitness centers, a spa and a private Beach Club.

    Glass 120 Ocean

    Glass 120 Ocean (2015) is the most private condo of this list with only 10 units over 18 floors!!!  There are only several floor plans available, which offer two standard sizes. There are two 1,938 SF units with a 2,039 SF terrace which come in 2 bedrooms (1A) or 3 bedrooms (1B) or one can opt for a 3,389 SF unit with a 2,005 SF terrace which come in 3 bedrooms (3A) or 4 bedrooms (3B). Units offer a private elevator and wrap-around terraces. Like 321 Ocean, this condo is small and does not offer enormous social areas. The amenities include a gym, a pool, lounge areas and a conference center. For those who value privacy and low density, this is the place to be. Only one resale occurred in this condo, which was unit 600 and this sold for $4,5M ($2,322 per SF) in 2016. Currently there is one unit for sale, listed at $9.5M. The best floor plans are floor plans 3A and 3B.

    If these prices are too rich for your blood, I can outline cheaper projects that make a good second tier alternative.

    Please give us a call for more information about the top 5 condos in South of Fifth. As market analysts we know all the details of what is going on in the market and we back our opinions up with numbers.

    Contact me today via phone/whats-app:
    +1.305.508.0899 or Mail: Siddons.d@ewm.com
    +1.305.965.1232 or Mail: Cambarau.s@ewm.com

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    THE 2018 MIAMI REAL ESTATE REPORT

    EX-STOCKBROCKER’S ANALYSIS OF THE MIAMI MARKET

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    The 2018 Miami Luxury Report