Sales Activity at the Ocean Four Condos in Sunny Isles Beach

REPORT

LISTINGS AND SALES ACTIVITY AT OCEAN FOUR CONDOS IN SUNNY ISLES

OCEAN FOUR CONDOS

As of: July 7th, 2009

Units available for sale: 51

Model E - 1301 Sq. Ft. 2 bedrooms, 2 bathrooms 5 Units, priced from $495,000 to $650,700

Model B - 1396 Sq. Ft. 2 bedrooms, 2 bathrooms 2 Units, priced from $749,000 to $769,000

Model D - 1583 Sq. Ft. 2 bedrooms, 2 bathrooms 7 Units, priced from $650,000 to $1,320,000

Model B- Mod. 1644 Sq. Ft. 2 bedrooms + Den, 2 bathrooms 5 Units, priced from $604,900 to $995,000

Model D 1886 Sq. Ft. 2 bedrooms, 2.5 bathrooms 14 Units, priced from $649,888 to $1,050,000

Model A - 2755 Sq. Ft. - 3 bedrooms, 3.5 bathrooms – 9 Units, priced $1,390,000 to $1,695,000

Model F - 3018 Sq. Ft. - 4 bedrooms, 3,5 bathrooms - 8 Units, priced $1,165,000 to $1,950,000

PH 4101 - 5239 Sq. Ft. - 4 bedrooms, 5 bathrooms- 1 unit, priced at $4,190,000

These are the specifications of the Ocean Four different floor-plans.

Model	Bedrooms	Baths	Living Area	Balcony	Total Area
A	3	3.5	2755	256	3011
B	2	2	1396	186	1582
B Mod	2+ Den	2	1644	186	1830
C	2	2.5	1886	391	2277
C Rev	2	2.5	1886	391	2277
D	2	2	1583	287	1870
D Rev	2	2	1583	287	1870
E	2	2	1301	264	1565
F	3	4.5	3018	569	3587

Least expensive available: Unit 706 - 1301 Sq. Ft. - $ 495,000

Most expensive available: Unit 4101 – 5239 Sq. Ft. - $4,190,000

No MLS sales recorded in the last 3 months

2 units have been sold in the last 6 months

- Unit 909 - 1,301 Sq. Ft. $485,000

- Unit 806 - 1,301 Sq. Ft. $396,000 (REO)

This is an average of 1 sale every 90 days at the Ocean Four Condominiums.

There are 51 Active Listings for Sale at the Ocean Four Condos as of July 7^th, 2009

Total of apartments at the Ocean Four Condos: 281

Percentage of Ocean Four Condos for sale as of July 7^th, 2009: 18.15%

This report is provided by Henry B. Nathan, a Florida Realtor at United Realty Group Inc. and a Florida Licensed Mortgage Broker. The accuracy of any information in this report is not guaranteed. Information was drawn from the MLS and other sources.

Visit my website: http://www.condo-southflorida.com/ where you can search for Hallandale Beach Condos, Sunny Isles Condos

Ocean Two Condos - Sunny Isles Beach - Activity Report

LISTINGS AND SALES ACTIVITY AT OCEAN TWO CONDOS

IN SUNNY ISLES BEACH

Report as of: July 5^TH, 2009

OCEAN TWO CONDOS

At this time there are 18 Units available for sale at OCEAN TWO CONDOMINIUMS

2 bedrooms, 2.5 bathrooms - Line 07 - 1900 Sq. Ft. - 3 Units, priced from $859,000 to $975,000

3 bedrooms, 3 bathrooms - Line 03 and 06 - 2,150 Sq. Ft. – 4 Units, priced from $820,000 to $910,000

3 bedrooms, 4.5 bathrooms - Line 04 and 05 – 2,440 Sq. Ft. – 9 Units, priced from $879,000 to $1,300,000

(Note: $879,000 listing is still unresolved short-sale.)

3 bedrooms, 4.5 bathrooms - Line 01 and 08 – 2,665 Sq. Ft. - 2 Units, priced $1,375,000 and $1,390,000

Least expensive available: Unit 203 –2,150 Sq. Ft. - $820,000

Most expensive available: Unit 908 – 2,665 Sq. Ft. - $1,390,000

In the last 90 days, only 2 sales have been recorded.

Unit 905 – 2,440 Sq. Ft. - $940,000

Unit 603 - 2,150 Sq. Ft. - $735,000

This is an average of one sale every 45 days at the Ocean Two Condominiums.

Only 18 Units are listed for sale at this time at the Ocean Two Condos.

The total of apartments at the Ocean Two Condos is: 254

The percentage of Ocean Two Condos apartments for sale as of July 4^th, 2009 is: 7.08%

Notes:

I read in the Miami Herald this week that the Ocean Two Condos were classified within Sunny Isles Beach and Dade County condominium buildings one of the best performing condominiums, as far as maintaining their values since the peaks of 2004/2005.

I understood from that article that Ocean Two Condos have not lost more than an average of about 10% since the highest values were registered at the peak of the market in 2004/2005.

That might right.

Looking at the statistics we are analyzing here, only 7% of the total apartments in this building are presently for sale. Quite a healthy index that says a lot about the high demand of Ocean Two Condos. Undoubtedly they represent one of the best values in Sunny Isles Beach.

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

Visit my website: http://www.condo-southflorida.com/ where you can search for Hallandale Beach Condos, Sunny Isles Condos