Wynwood Celebrates this Cycle's First New Condo Project Completion

Wynwood Celebrates this Cycle's First New Condo Project Completion

Nov 03, 2015 November 03, 2015

The Wynwood story continues. The neighborhood now sees the completion of the first of a new line of Wynwood condo towers since this South Florida real estate cycle began in 2011.

Wynwood 250 LLC developed the project with David Polinsky and Bradley Carlson in hopes of renovating Wynwood and further popularizing the area. The six-story building with only 11 residential units is located on the 200 block of Northwest 24th Street in the Biscayne Boulevard Corridor in Greater Downtown Miami. So far, two units have been purchased, totaling $1.8 million at an average of around $535 per square-foot.

250 Wynwood is just one of the area's 71 new condo projects during this real estate cycle. Over 21,400 local units have been announced in Greater Downtown Miami and many of them are already completed. In other neighborhoods, eight condo buildings are finished, totaling over 1,900 units. With an additional 22 towers under construction, we're waiting on about 6,200 more units.

Source: therealdeal.com

Photo credit: 250wynwood.com

Contact Us
Sep Niakan
Broker / Team Lead
(305) 697-7667
sep@blackbookproperties.com
Request Info
By sending you agree to CondoBlackBook's Terms of Use

Your Miami Condo Awaits

Recent Posts

The Most Luxurious Condo Buildings in Venetian Islands
Real Estate News The Most Luxurious Condo Buildings in Venetian Islands
Miami Beach’s Venetian Islands are a coveted set of isles, tucked away on the east side of Biscayne Bay, that connect South Beach to mainland Miami in Edgewater via the Venetian Causeway. And while most of the Venetian Island’s condo buildings are older, they are going through beautiful restorations of exteriors, amenities, and interiors. So if you’re interested in buying in the Venetian Islands and its tucked-away community, and want to know the top-of-the-line luxury Venetian Islands condos for sale, then this is the condo-buying list for you.  Here, we’ve ranked the top 5 most luxurious condo buildings in Miami Beach’s Venetian Islands, which also happen to be the most expensive buildings of this super desirable neighborhood. Read on to find out what kind of amenities these top-class residences provide, what you can expect living here, and which building made it to number one on our list. — Why Choose the Venetian Islands? This island retreat is a little-known address in Miami...
Video: Best Pre-Construction Condos with Private Marinas and Boat Slips
Real Estate News Video: Best Pre-Construction Condos with Private Marinas and Boat Slips
Are you a boater looking for a new Miami condo where you can dock your vessel right outside your door? In our latest video, Sep Niakan, founding broker of Blackbook Properties and veteran Miami real estate agent, presents the best pre-construction condos with private marinas or boat slips that stretch all the way from Coconut Grove, passing through Brickell, up to Bay Harbor Islands and North Bay Village. Take a look at these luxurious new constructions to find the one that best suits your lifestyle!       Undoubtedly, one of the many privileges of living in the Magic City is our closeness to the water. Whether it is Biscayne Bay, the Atlantic Ocean or the Intracoastal, South Florida residents know a thing or two about that sailing and boating lifestyle, and developers are taking note. That is why some of the best pre-construction projects available feature the incredible advantage of having your vessel right at your doorstep. Some of these new construction projects...
Is Buying a Condo in Miami a Good Investment?
Real Estate News Is Buying a Condo in Miami a Good Investment?
Miami is a prime living destination with stunning year-round weather and no state income tax. But is buying a condo in Miami a good investment? The resounding answer is yes! Whether you use it as a primary residence, a second home, or vacation home, or purely as an investment property similar to a business, investing in a Miami condo can be a lucrative opportunity. Table of Contents Miami, the Top Choice Discover the Benefits of Investing in Miami Condos Best Places to Buy a Condo in Miami Considerations for Investing in a Miami Condo So, Is Buying a Condo in Miami a Good Investment? Frequently Asked Questions Let’s present you with some hard facts and figures on why a Miami condo might be your best bet in today’s market. — Miami, the Top Choice Brickell Key - Brickell Over the last few years, Miami has experienced a higher influx of residents than most major metropolitan areas in the United States, fueling housing demand. Last year, as many as 21,500 people...
All the Bay Harbor Islands Pre-construction Condo Projects You Need to Know About
Real Estate News All the Bay Harbor Islands Pre-construction Condo Projects You Need to Know About
The once sleepy bayfront town of Bay Harbor Islands, sandwiched between Miami Beach and mainland Miami, is undergoing a renaissance. This small neighborhood has recently come alive with a flurry of new construction activity, as old 1950s buildings, past their prime, are bought and cleared for new, boutique, waterfront condos. Clean, quiet, and pristine, this almost forgotten piece of Miami real estate had stood unnoticed for way too long, considering the building boom of the early 2000s skipped over this part of town. With new zoning rules in place and a prime waterfront location, Bay Harbor Islands’ pre-construction projects rival even those from South Beach, offering extra-large floor plans, the quiet luxury of boutique living, and private marinas with ocean access, often at better price points than Miami Beach. Given the recent surge in demand for luxury housing and scarcity of workable waterfront parcels, several big developers are drawn to the area, as South Florida becomes the...
June 2024: Fort Lauderdale and Palm Beach Pre-Construction Condo News Update
Preconstruction June 2024: Fort Lauderdale and Palm Beach Pre-Construction Condo News Update
South Florida’s pre-construction condo market was abuzz with activity this June. One Hollywood Residences launched sales after a design upgrade and rebranding. Lynd Living started taking reservations for the centrally located Aileron Residences in Dania Beach. And buyers can now tour the exquisite interiors and customizations available at Icon Beach’s new sales gallery. Also this month, the highly anticipated Entourage in the Sun broke ground in Pompano Beach, Selene Oceanfront topped off in Fort Lauderdale Beach, and more news in our complete June 2024 pre-construction condo market round-up for Fort Lauderdale and Palm Beach. Read on below. Sales Launched One Hollywood Residences – Hollywood Taking Reservations Aileron Residences – Dania Beach New Sales Gallery Icon Beach Residences – Hollywood Beach Topped Off Selene Oceanfront – Fort Lauderdale Beach Broke Ground Entourage in the Sun – Pompano Beach Planned/Proposed Oculina – Riviera...
The 5 Most Luxurious Condo Buildings in Edgewater, Miami
Real Estate News The 5 Most Luxurious Condo Buildings in Edgewater, Miami
Surrounded by the eight-acre Margaret Pace Park, Edgewater is one of Miami’s favorite neighborhoods if you want to be close to everything, including the water. The previously low-key area has emerged as one of the most desired locations for luxurious, waterfront living in Miami, with some of the most elegant and sought-after new condo developments on Biscayne Bay. Now, to know which are the best condos in Edgewater, Miami, we are ranking the top five most luxurious buildings in this family-friendly neighborhood to give you an idea of the quality of life, level of design and construction, and price point you can expect if you’re looking at a tranquil, yet high-end, bayfront residence in Miami’s best kept secret neighborhood. First, let’s take a look at the neighborhood itself. This article was last updated on Jul. 17, 2024.   — Why Choose Edgewater, Miami? It is one of the hottest Miami neighborhoods right now for several reasons: It’s close to everything. Living in...