There are about 12,000 reasons that now is the right time to find your luxury condo in Downtown Miami or Brickell. That’s the number of condos that are available: some brand new, some foreclosures and short sales and others that are just a few years old. These are all luxury buildings, most of them high-rises, that will fulfill every wish you can think of having in your own home. Some of the features you’ll find include on-site concierge, valet parking, fitness centers, business centers, wine rooms, on-site retail and restaurants, indoor pools, spas, saunas, rooftop decks—the list goes on.
Because of the large inventory available, you are in the driver’s seat when it comes to purchasing these condos at exceptional prices. Many of them are selling for one-third to one-quarter of the price they were commanding just a few years ago which has created a buying frenzy since summer of 2009. Developers in some luxury buildings like Icon Brickell have offered original buyers a chance to close on their 2 bedroom condos for $309,000 instead of their original price over $700,000.
View our most recent Downtown Condo Market update.
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