Miami’s New and Pre-Construction Condo Update: February 2019

Miami’s New and Pre-Construction Condo Update: February 2019

Mar 19, 2019 March 19, 2019

We know how much everyone loves to save. That is why, starting this month, we will be featuring a special section talking about all the special deals and offers announced on pre- or latest-construction condos in our monthly reports. So, read on and subscribe to stay tuned on all the latest developments in the pre-construction condo space in Miami, and find some special opportunities while you’re at it!


Topped-off

Monad Terrace - South Beach
Monad Terrace South Beach

Pritzker Prize-winning architect, Jean Nouvel’s first built project in Florida has officially topped off. Each of the 59 condo residences in this "reflective building" are designed to offer ocean views. With completion on track for early next year, amenities include a signature water garden comprising of a central lagoon, reflecting pools, adjacent swimming pools, plus climbing gardens, sun deck with pool service, café and juice bar, residents’ lounge, water sports storage and much more.

Prices start at $1.7 million, with a choice of two- to five-bedroom residences


Other Updates

Okan Tower - Downtown Miami

Okan Tower Downtown Miami

This first approved condo-hotel in Downtown is moving ahead with contract conversions early this spring. The 70-story tower includes 153 condos, 236 condo-hotel units and 316 hotel suites. Conversions are starting for both, the condo and condo-hotel units. Aimed at being the tallest in Miami, amenities here include full-service spa with Hammam, three swimming pools, a pool bar and lounge, screening room, kids’ club, cigar room, co-working spaces and much more.

Prices start at $346,000, with a choice of studios to three-bedroom residences


Special Offers

Reach at Brickell City Center - Brickell

Reach and Rise Brickell City Center Brickell

Okay, so we know that Brickell City Center’s condo towers are not pre-construction, but the incentive offered by developers is worth a mention. With about 19% of the combined units at these 43-story towers still unsold, Swire Properties is offering a 10% cash back and two-year waiver on maintenance fee for their leftover inventory. This means, on a condo worth a million dollars, the incentives add up to $130,000, which would include $100,000 (10%) in cash back and $15,000 per year in condo fee.


Rise at Brickell City Center - Brickell


Amenities at Reach and Rise include a half-acre amenity deck inclusive of heated lap and social pools, poolside café service, exclusive Hammam, nail salon, library, tech-savvy children’s playroom, tea room and much more.


Cover photo credit: monadterrace.miami




Subscribe for monthly updates on such and more condo pre-construction news in Miami.

Contact Sep Niakan
Founder, Condoblackbook.com & Owner/Broker, HB Roswell Realty
(786) 930-4220
contact@condoblackbook.com
Request Info
By sending you agree to CondoBlackBook's Terms of Use

Recent Posts

The Most Luxurious Condo Buildings in Coconut Grove
Real Estate News The Most Luxurious Condo Buildings in Coconut Grove
Coconut Grove is not just about rich foliage, but is also home to quite a few luxury condo residences. To get a taste of this historic neighborhood plus its plush properties, we’ve enlisted the 5 Most Expensive Condo Buildings in Coconut Grove and bonus pre-constructions that set the bar high for phenomenal living in the city. Why Choose Coconut Grove? Coconut Grove Main Highway. Photo courtesy of MiamiAndBeaches.com The partly coastal neighborhood of Coconut Grove is characterized by lush, tropical foliage and a relaxed Bohemian vibe. Its bouquet of rare boutiques, unique shops, colorful cafés, diverse restaurants, historical venues, lush parks, and easy access to water sports plus a nautical lifestyle make it a breezy neighborhood to live in. The Best of the Best Condos in Coconut Grove  Ritz-Carlton Coconut Grove – 3300, 3340, 3350 and 3400 SW 27th Avenue, Coconut Grove Avg. sales price $624 per sq ftBacked by the world-famous hospitality brand, this waterfront complex sits...
The Most Luxurious Condo Buildings in Brickell
Real Estate News The Most Luxurious Condo Buildings in Brickell
The Most Luxurious Condo Buildings in Brickell Brickell is where the business is – so it doesn’t come as a huge surprise that the neighborhood would house some of the finest residences to cater to a wide array of residents, spanning from globetrotting professionals to business moguls plus their families. Curious about the kind of high-end residences available for such global citizens? We’ve ranked the 5 most expensive, thus luxurious, condo buildings in Brickell below: Why Choose Brickell? Brickell is not only the second-largest banking hub in the States, but also home to several consulates, businesses and a majority of the offices in Miami. It is also serviced by all major public transportation systems in the city, giving it one of the highest transit scores of 98. It further ranks second on our most walkable neighborhoods in Miami study, with a near-perfect walkscore of 98, meaning most hotspots and conveniences can easily be reached on foot. In recent times, this financial...
Miami’s Can’t-Miss November, Thanksgiving and pre-Christmas Event List
Lifestyle Miami’s Can’t-Miss November, Thanksgiving and pre-Christmas Event List
This November, fall will be in full swing, and so will your social calendar. There’s a wide range of exciting events to choose from – a plant-based food and wine festival, a three-day music/party getaway, Miami’s signature auto show, the annual book fair, a jazz weekend, and more. Not to forget, Thanksgiving comes with its own delicious set of things to do. And, all the pre-Christmas wonderlands and staples will be opening up just in time to get you in the festive mood. Here are the details: Miami Entertainment Month: November 1 - November 30 Various venues across Miami If you didn’t get a chance last month, don’t worry! There’s one whole month of special discounts and offers to enjoy, as you check out the entertainment scene in Miami. Save on tons of things to do all month long - from jazz festivals to opera performances, sports events to nightlife specials, and tastings to shopping sprees. With discounts on plenty of events both in and out of the shade, have fun adding to your...
Miami Luxury Condo Market Report Q3 2019
Real Estate News Miami Luxury Condo Market Report Q3 2019
Covering the neighborhoods of Greater Downtown Miami (inclusive of Edgewater and Brickell), Miami Beach (inclusive of Surfside, Bal Harbour and Sunny Isles Beach), Coconut Grove and Coral Gables, plus Fisher Island, this luxury condo market report only features properties priced $1 million and above. Overall Luxury Condo Market Q3 2019 Highlights: Overall sales match Q3 2018 levels Sales trendline positive across neighborhoods, except Edgewater Year-over-year sales improve in South Beach, Surfside, and Bal Harbour Overall price per sq. ft. stays close to lows of 2018 Surfside and Bal Harbour report biggest jump in Quarter-over-quarter median sales prices Months of inventory fall short on momentum and match June-end levels, with Mid-Beach, Sunny Isles Beach, Greater Downtown, Coconut Grove and Coral Gables reporting declines Overall Luxury Condo Market Summary - Fig. 1.1 Overall Luxury Condo Sales Up Q3 sales trend positive with a boost in July, outperforming 2016 and 2017. For...
The Most Luxurious Condo Buildings in Sunny Isles Beach
Real Estate News The Most Luxurious Condo Buildings in Sunny Isles Beach
Sunny Isles Beach has been dubbed the branded-condo corridor of Miami, and not without reason. Pick up the list of its recent condo developments and you will find major global brands peppered through such as Porsche, Armani and Ritz-Carlton. Being curious about the kind of luxuries and amenities such major brand names bring to the neighborhood, we decided to list the five most expensive condo buildings in Sunny Isles Beach, along with an introduction to their world-class amenities. As a bonus, we’ve also listed the most highly anticipated pre-construction condos that could soon become one of the most expensive addresses in this coastal community. Why Choose Sunny Isles Beach? Sunny Isles Beach’s pristine white sand shoreline and casual, family-oriented vibe has always made it a top choice for exclusive living away from the city core. Locals have plenty of options to enjoy the great outdoors with the at-home Newport Fishing Pier to drop a line, next-door Haulover Beach Park for...
Are Trump's condo building values in South Florida dropping faster than the rest of the market?
Real Estate News Are Trump's condo building values in South Florida dropping faster than the rest of the market?
Since South Florida is home to several Trump condominium properties, many have wondered how the Trump’s performance as President may be affecting real estate sales in those properties. To quell our curiosity, we set out to find out how those properties have fared in the period since Trump was elected President. Using data sourced from MLS 2019/8/14 we evaluated sales in Trump condo properties between January 2017 and August 2019. Our evaluation focused on properties located in the 33160 Sunny Isles Beach area, and did not include Trump condos in Hollywood (33019) and West Palm Beach (33401). Our analysis was further limited to waterfront properties built between 2003 and 2010 which are the years the Trump properties were all built, so we would have an apples to apples comparison. We focused on 2-3 bedroom properties, as this reflects the majority of properties sold during the period of evaluation.  How have Condo sales in Trump Properties fared since 2017? Taking into account...