Sunday, July 05, 2009

Ocean Three Condos - Sunny Isles Beach -

SALES REPORT

LISTINGS AND SALES ACTIVITY OCEAN THREE CONDOS, SUNNY ISLES BEACH

OCEAN THREE CONDOS

As of: July 5th, 2009

OCEAN THREE Units available for sale: 25

Line 02 & 03 - 1591 Sq. Ft. - 2 bedrooms, 2 bathrooms - 4 Units, priced from $ 640,000 to $794,000

Line 4 - 1930 Sq. Ft. - 2 bedrooms, 2,5 bathrooms - 2 Units, priced from $80,000 to $799,000

Line 6 - 2136 Sq. Ft. - 3 bedrooms, 3 bathrooms - 7 Units, priced from $879,000 to 1,299,000

Line 05 - 2,864 Sq. Ft. - 3 bedrooms, 4.5 bathrooms - 4 Units, priced from $1,208,000 to $1,975,000

Line 07 - 2,649 Sq. Ft. - 3 bedrooms, 4.5 bathrooms - 6 units, priced from $998,000 to $1,350,000

Line 01 3,945 Sq. Ft. 3 bedrooms, 4.5 bathrooms - 2 Units, priced from $1,975,000 to $2,700,000

Least expensive available: Unit 1903 –1,591 Sq. Ft. - $640,000

Most expensive available: Unit 701 – 3,945 Sq. Ft. - $2,700,000


No sales in the last 3 months.

4 units have been sold in the last 6 months

Unit 2704 - 1,930 Sq. Ft. $700,000

Unit 506 - 2,136 Sq. Ft. $730,000

PH 3506 - 2,136 Sq. Ft. $850,000

Unit 2707 - 2,649 Sq. Ft. $1,000,000

This is an average of 1 sale every 45 days at the Ocean Three Condominiums.

Since there are 25 Active Listings at the Ocean Three Condos as of July 5th, 2009

And the total of apartments at the Ocean Three Condos is: 215

The percentage of Ocean Three Condos for sale as of July 5th, 2009 is: 11.63%

11.63% of the total apartments in this building are presently for sale. While higher than the optimal, it is still a healthy index and it is an indicative of the demand of Ocean Three Condos as a good value in Sunny Isles Beach.

Henry B. Nathan is a Florida Realtor at United Realty Group Inc. and a Florida Licensed Mortgage Broker.


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