Wynwood Celebrates this Cycle's First New Condo Project Completion
by Sep Niakan | 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.
Photo credit: 250wynwood.com
by Sep Niakan | January 05, 2018
Welcome to the other side of the New Year! The side that’s made up of fresh energy, brand new ideas and a whole 365 days of infinite possibilities. A lot of people consider January to be the month when the festive season and all its...
by Sep Niakan | December 31, 2017
The Holiday season may be over, but the festivities don’t have to stop if you’re in Miami. Take a pick of your favorite music, art, fitness or film festival below and let the merriment continue into January 2018. Miami Cruise...
by Sep Niakan | December 21, 2017
Earlier this month, a single bedroom condo in Edgewater went on sale, and made headlines. “What’s so special about that?” you ask. Well, this Miami condo seller will accept Bitcoin only. This 480 NE 30th St. condo is listed for 33...