South of Fifth Luxury Condos

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There are currently Eleven, 3 Bedroom, 31/2 Bath condos on the market in Luxury, Waterfront condos in the South of Fifth neighborhood.  They range in price from under $4 million to over $25 million.  These units are in all the buildings you would expect- the ones on Ocean Drive, South Pointe Drive and Alton Road.  They include Icon and Murano Grande, Continuum and Portofino Tower, and 321 Ocean.  Some have incredible views, others more space.  Some have been masterfully renovated and others are in the perfect location and are priced where you want.  Of course those criteria are personal and there really is no best unit for everyone.  However if you are looking for a good unit at the best price in both absolute dollars and $/SF I believe the Murano Grande unit 509 may be the one for you. It’s located in a luxury waterfront building with premium amenities. It has 2 assigned parking spaces PLUS 2 Valet spaces, it was gut renovated to combine 2 units into one with a masterful new design.  It is located on the Lanai level with a large private Terrace, which is perfect for easy access to the Pool, Tennis Court and Restaurant, while still maintaining privacy.  Check them all out below and call me to see 509 while it is still available.

https://portal.onehome.com/en-US/share/2535538q15236

 

1BR Units for Sale at Murano

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Typically rare to come on the market, the One Bedroom units at Murano boast just 1008 SF, but enjoy the same benefits and amenities of the much larger units.  So why are there now 4 such units on the market at once?  Perhaps because there is a Special Assessment in place to renovate the 3rd floor Pool deck, and it is possible they do not wish to look at construction below them for another 18 months.  It’s less likely that they did not wish to absorb the cost of that Assessment, because most residents believe that the price improvement that will be realized will far outweigh the costs to implement them.  So, with units priced from $1,499,000 to  $2,290,000, and located from the PH level down to the 5th floor (where 4th floor is the lowest) are they being offered at a fair market price today or do they reflect the value added that is to come with the improvement that are underway.  The Penthouse and Lower Penthouse units have been dramatically renovated while the other two have not and this accounts for much of the pricing range.

Click the Link below to see all four of them:

https://portal.onehome.com/en-US/share/2477145R37217

 

5 Park Units for Sale

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The recently opened 5 Park is the latest addition to the local neighborhood.  While it seems that new owners are moving in every day, there are also quite a number of owners who are putting their units on the market for sale.  Today there are 29 such units available ranging in price from just over $1 million for a 1 bedroom, 2 bath unit with 878 SF of living area to  $20 million for a lower penthouse unit with 4 bedrooms, 7 baths and 5,888 sf of living area.

My personal favorite is unit 3701, a 4 bedroom, 5 bath unit with 3,186 SF of living area.

Take a peek at all of them with the link below.

https://portal.onehome.com/en-US/share/2428290g79242

Murano Grande Luxury

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One of a kind unit on the lanai level, providing unmatched

family and entertaining space both indoors and out. Created by

combining two smaller units into a large 3/3/1 with the Primary

Bedroom/Bath and Formal Living & Dining Area at one end,

separated by a large open kitchen with informal dining, and

ample space for entertaining & art display plus two separated,

en-suite Bedrooms and Family area on the other. Walk out of

the oversized Terrace to the private Restaurant, Tennis Court,

and Pool deck. It feels like living in a large house with the

benefit of luxury amenities.  $4,150,000.

Mondrian Penthouse Reduced

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The Mondrian Hotel has a perfect location on the Bay at 1100 West Avenue. This 1 Bedroom Penthouse level unit is the ultimate Investor opportunity as well a great vacation home. The documents allow the unit to be rented on a daily basis, and it can be put into the buildings hotel program or it can be managed as an Air B&B or VRBO directly by the owner an agent.

The unit can sleep 4 people in the Bedroom and Living Room, has a small kitchen area as well as dining space and one of the few balconies in the building. At the new reduced price of $499,000, you’ll want to check it out

Shower

Living Area

Living Area

Kitchen Dining Area

Ocean View