Luxury 1 Bedroom Condos in SoFi

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Living in the South of Fifth Neighborhood provides benefits way beyond the boundaries of the unit you occupy.  The classic Realtor mantra “Location, Location, Location” perhaps says it all, and the specifics that apply to SoFi abound.  It’s a coastal community with glorious Beaches and a world class Marina.  It boasts some of the most sought after restaurants and cultural destinations. It is conveniently located to the airport and major transportation.  It’s a walking neighborhood, pet friendly, there are good schools nearby, and it’s usually sunny and warm.  Luxury defined!

Anyway, I wanted to talk about a particular subset of luxury units that are available in this neighborhood, that provide great value at an entry level price. They are smaller units in the Luxury Waterfront towers.  At this time there are just 8 such 1 Bedroom 1.5 Bath units available, representing less than 10% of the current inventory there.  The average price for these smaller units is $2.1 million while the average price for the 2BR and larger units in these same buildings is considerably more than $6 million.  Just click the link below to see them:

Luxury SoFi 1 Bedroom Condos

2023 SoFi Median Sales Prices

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The Median Sales price of a Condominium in the South of Fifth Neighborhood was $1,650,000, and at its highest level, for the months of October and November, 2023.  That contrasted significantly with a Median price of $450,000 in the previous month of September.  The Median Sales Price was over $1 million for half of the year.

Today there are about 204 units for sale in the South of Fifth neighborhood. This is how they are priced:

Under $ Million     73 Units
$1-2 Million.           39 Units
$2-4 Million.          50 Units
$5 Million plus.     42 Units

The least expensive unit is priced at $199,000, while the most expensive is priced at $47,500,000.  Almost twice as many units are selling for more than $1 million than are selling for less, and the number of units selling for more than $5 million is becoming increasingly significant.

 

 

Most Expensive South of Fifth Condos

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The South of Fifth neighborhood is a primary go-to destination for Buyers looking for a Luxury lifestyle in their home, their building and their neighborhood.  It’s no surprise then that the most spectacular of the units available come at a price that reflects  the epitome of luxury living.  Here, then is a curated list of the 10 most expensive condominium units currently on the market in the South of Fifth neighborhood. Click the link below to see where unparalleled design meets breathtaking views!

Call me to see any of them.

View 10 Most Expensive Condos

Newest SoFi Listings

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With just more than a week into the new year, there are already a dozen new listings available for sale on the MLS in the South of Fifth neighborhood.  These units, all condominiums, range in price from under $300,000 to over $3,000,000, from 423 SF to 2,508 SF. They include Studio, 1BR, 2BR and 3BR units.  Five of the new units available are priced under $1 million and three are over $2 million.  For a description and photos of each, click the link below.

View New Listings

 

S. Pointe Drive

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South Pointe Drive contains some of the most valuable properties in all of Miami Beach and is the go-to destination for Buyers looking to find a Luxury unit.  The buildings along this ½ mile strip begin with the Murano on the Bay side and stretch to the 2 Continuum Towers on the Ocean Side.  In between are the Apogee, South Pointe Tower and Portofino Tower Condominiums.  All are waterfront properties with a Park adjacency, and  have similar amenity packages. The two Continuum Towers provide a Resort-like experience for its residents, while the Apogee is more exclusive and the most private among the group.  S. Pointe Tower is the oldest of the buildings dating back to the 1990’s, the Portofino Tower boasts an iconic design, while the Murano shines as the most contemporary looking of the group.

There are currently 55 units available for sale at the current time. The prices range from just over $1 million to $25 million. Click the Link below to see them all. Call me to see any of them.

View Properties