Miami Condo Market and Lifestyle Updates
W South Beach Condo 1st Quarter 2012 Sales Report

W South Beach Condo 1st Quarter 2012 Sales Report

by Sep Niakan | May 29, 2012

Nearly 45% of the 408 units of the W South Beach Condos have been sold to buyers as of March 31, 2012, this according to the data from Miami-Dade County Property Appraiser’s Office.

As of the end of 1st quarter of 2012, W South Beach sales exceeded $265 million. The typical transaction was approximately $1,840 per square foot.

For the 1st quarter of 2012 alone, buyers paid over $20 million for 10 units at W South Beach. For the period of January to March 2012, the average price for the W South Beach units sold was approximately $2,120 per square foot. Within this period, individual transactions ranged from $1,460 per square foot to more than $3,140 per square foot.

All of the 408 residences at W South Beach have oceanfront view. With top rated in-house restaurants, boutique shops, nightlife destinations, popular gym, spa, basketball and tennis courts, no wonder W South Beach is called the “oceanfront oasis home.”

The 20-story W South Beach property is conveniently located at the world-famous South Beach, a 24-block district located in the coastal resort city of Miami Beach. The W South Beach Condos are close to the Lincoln Road shopping district, recreational spots such as Miami Beach Golf Course and South Pointe Park, and Miami’s hottest clubs and restaurants.

Miami's CondoBlackBook.com is your ultimate online resource center to help you find the finest south beach condos for sale.

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