South of Fifth Luxury Condos
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
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
JUST LISTED: 221 Meridian Ave #304
Nice 1BR/1B unit with parking in the center of the South of Fifth neighborhood. This mid-size building is well maintained and operates with low maintenance fees. The unit has new Impact glass throughout and there are no outstanding assessments. South of Fifth is the most desirable neighborhood on the Beach for within this small triangle at the Southern tip of Miami Beach is easy access to the Beach, Marina, South Pointe Park and great Restaurants.
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