JUST LISTED | Vizcayne PH 4908 With Rooftop Terrace and Water Views | $1,649,000 Posted on February 7, 2019February 7, 2019 by Michael Light Michael and Jaimee Light of the Miami Luxury Homes Group at Douglas Elliman are pleased to announce their newest luxury listing situated in the epicenter of Downtown Miami, Penthouse 4908 at Vizcayne. This beautiful modern Penthouse is being offered fully furnished at $1,649,000 and is currently being leased by a starter for the Miami Heat through September 14, 2019. Vizcayne Penthouse 4908 is a unique, top floor, 2-story residence located in the North Tower at Vizcayne boasting 1,700 SF of private terraces including an expansive rooftop terrace with spectacular views of Biscayne Bay and the vibrant Miami skyline. This furnished 3-Bedroom, 3.5-Bathroom unit offers 2,795 SF of interior space boasting white glass flooring and dramatic floor-to-ceiling glass windows/doors to highlight the sweeping water and skyline views. The main level features an open-concept entertainment area including a gourmet kitchen boasting granite countertops, stainless-steel appliances, chef’s island with bar seating, dining room and family room. The main level also features a large great room surrounded by 2 spacious terraces, 2 bedrooms, 2 full bathrooms, laundry closet and a powder room that is currently utilized as a storage closet with custom cabinetry. Vizcayne Penthouse 4908 Great Room Flow Through The spiral staircase leads you to the 2nd level offering a grand master suite with sitting area and master bathroom featuring a jacuzzi soaking tub, glass-enclosed shower and dual vanity with separate water closet. The 2nd level also features an exclusive 1,200+SF rooftop sky terrace with breathtaking water views and spa hookup. This Penthouse is truly unique as it offers multiple private outdoor living areas allowing you to enjoy the year-round tropical weather that South Florida is so celebrated. This Penthouse also includes 3 assigned parking spaces and a storage space. Vizcayne Penthouse 4908 Rooftop Terrace View from Vizcayne Penthouse 4908 Rooftop Terrace About Vizcayne in Downtown Miami Vizcayne is ideally located in the epicenter of Downtown Miami, walking distance from Bayfront Park, Museum Park, Perez Art Museum, Frost Museum of Science and the soon-to-open Miami Worldcenter. Vizcayne offers residents private resort-style amenities including 4 swimming pools and a 3-story clubhouse with state-of-the-art fitness center, full-service wellness spa and club room with billiards. Please view all of the photos of Vizcayne Penthouse 4908 and the amenities at Vizcayne below, and if you have any questions about the unit or would like to request a private viewing, please contact listing Broker Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com. Vizcayne Penthouse 4908 Kitchen Vizcayne Penthouse 4908 Dining Room Vizcayne Penthouse 4908 Family Room View Vizcayne Penthouse 4908 Master Bedroom Vizcayne Penthouse 4908 Master Bathroom Vizcayne Penthouse 4908 Rooftop Terrace Vizcayne Pool Deck Vizcayne Fitness Center Vizcayne Fitness Center Vizcayne Fitness Center Vizcayne Yoga & Spinning Studio
JUST LISTED | Vizcayne Condo w/Direct Water Views Offered at $525,000 Posted on April 7, 2016April 7, 2016 by Michael Light Miami Luxury Homes newest luxury listing is a great condo investment situated in the epicenter of Downtown Miami in the south tower at Vizcayne. Unit 1609 is a 2-bedroom, 2-bathroom condo featuring stunning, direct-water views of Biscayne Bay and the Miami Beach skyline. Newly remodeled, this unit offers brand-new, wood-grained porcelain flooring throughout, granite countertops and stainless-steel appliances in the kitchen and a spacious master suite offering a large walk-in closet and master bathroom with beautiful Italian marble countertops, flooring and wet walls, soaking tub and glass-enclosed shower. Vizcayne Unit 1609 Floor Plan Vizcayne Unit 1609 Details 1,258 sq/ft (Including Terrace) 2 Bedrooms / 2 Bathrooms Currently rented for $2,700 per month until February 2017 Direct-water views from all rooms Vizcayne offers unparalleled, resort-style amenities including an expansive sundeck and gardens overlooking Biscayne Bay offering 3 sunrise pools, 1 sunset pool, tiki-hut bar, lounge area and Jacuzzi and a 4-story, 35,000-square-foot Club House offering a full-service wellness spa, fitness center, gaming room and social lounge. -View additional pictures of Vizcayne 1609 by clicking here- If you, or someone you know, are interested in purchasing this amazing condo investment in Downtown Miami, please contact listing broker, Michael Light of Douglas Elliman. You may reach me directly at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
2015 Downtown Miami Condo Statistics Posted on January 15, 2016 by Michael Light The Downtown Miami condo market in 2015 saw 310 closed sales – just short of the 355 sales in 2014. Moreover, the average Downtown Miami condo closed sales price in 2015 was $536,870 which equals $431.07 per square foot and was 94.5% of the average list price. The most expensive closed sale of 2015 in Downtown Miami was a luxury condo at 900 Biscayne Bay which closed for $3,150,000 at $830.48 per square foot, better known as basketball superstar Kevin Durant’s penthouse which I sold in May. This condo at 900 Biscayne Bay shattered the average closed sales price of a condo in Downtown Miami by $400 per square foot, and rightfully so…just check out the pictures here: –Penthouse 6307 at 900 Biscayne Bay Virtual Tour– Below, I have laid out all of the 2015 Downtown Miami condo statistics and then a year-over-year comparison of 2015 vs. 2014. 2015 Downtown Miami Condo Sales by the Numbers: Total Number of Sales: 310 Average List Price: $568,337 Median List Price: $452,205 Average Sales Price: $536,870 (94.5% of List Price) Median Sales Price: $435,000 (96.2% of List Price) Average Sales Price Per SQ/FT: $431.07 Median Sales Price Per SQ/FT: $413.87 Days on Market: 148 Average / 93 Median Highest Priced Sale of 2015: 900 Biscayne Bay PH6307 Closed on 05/08/2015 @ $3,150,000 ($830.48 per sq/ft) Lowest Priced Sale of 2015: 50 Biscayne Unit 4103 Closed on 10/14/2015 @ $188,500 ($332.45 per sq/ft) For those “vultures” out there looking for distressed properties, please note, there were only 18 distressed sales in Downtown Miami in 2015: 16 REO’s & 2 Short Sales. “Miami” seems to pop up on so many year-end lists for high levels of foreclosures and short sales, but this may be misleading. The reason I placed Miami in quotes above is because these lists include so many surrounding suburbs of Miami, i.e. Homestead, Opa Locka, Kendall, etc., and then analysts lump them all together as “Miami.” Download – 2015 Downtown Miami Condo Sales Data 2015 vs. 2014 Downtown Miami Condo Sales Year-Over-Year Numbers: Total Number of Sales: DOWN 45 | 310 in 2015 vs. 355 in 2014 Average List Price: DOWN $27,326 | $568,337 in 2015 vs. $595,663 in 2014 Median List Price: DOWN $22,795 | $452,205 in 2015 vs. $475,000 in 2014 Average Sales Price: DOWN $27,050 (-4.8%) | $536,870 in 2015 vs. $563,920 in 2014 Median Sales Price: DOWN $15,000 (-3.3%) | $435,000 in 2015 vs. $450,000 in 2014 Average Sales Price Per SQ/FT: DOWN $11.06 (-2.5%) | $431.07 in 2015 vs. $442.13 in 2014 Median Sales Price Per SQ/FT: DOWN $6.25 (-1.5%) | $413.87 in 2015 vs. $420.12 in 2014 As you can see, all of the sales statistics were trending down in 2015 vs. 2014, but I don’t think this has to do with a market downturn. In my opinion, it has to do with the high number of new construction condo projects in Miami that were announced last year. Many buyers looked more towards the long-term opportunity of purchasing a new construction condo and waiting for its completion over an existing condo. Since developer sales are private and not disclosed to the public, it is impossible to include those sales with this data. Chances are, if I could somehow get a list of developer sales in 2015, all of the statistics above would be significantly higher. For example, Paramount Miami Worldcenter has sold approximately half of its 513 units at around $700 per square foot. I know this because I sold over $10M worth of condos there in 2015, and I watch their numbers very closely. If you were to use their sales and add those numbers to the MLS data above, you would be looking at the average sales price in Downtown Miami in 2015 hovering above $750,000 and $550 per square foot. I haven’t even mentioned One Thousand Museum which is selling well over $1,200 per square foot and would make the numbers even higher. Downtown Miami Condo Sales Over $1M in 2015 2015 Downtown Miami Condo Sales Over $1 Million In 2015, there were 22 condo sales over $1,000,000 in Downtown Miami compared to 35 in 2014. The average days on market in 2015 for sales over $1M was 184 (one sale was on the market for a whopping 1,289 days which skewed the numbers) compared to 177 in 2014, but median days on the market fell from 129 in 2014 to 84 in 2015. Downtown Miami is still a super hot condo market, so If you, or someone you know, would like more information about purchasing a condo in Downtown Miami, please contact me, Michael Light. You may reach me directly at my office at 305-350-9842, on my cell phone at 786-566-1700 or via email at michael@miamiluxuryhomes.com. Disclaimer: The statistics referenced herein were retrieved from the Multiple Listing Service (MLS) on January 15, 2016. Any closed sales not listed in the MLS are not included in the statistics referenced herein. The MLS search criteria used was 33131 & 33132 zip code + map outline from North – I-395 to South – Miami River & West – I-95 + built after 2000. The information contained herein is for informative purposes only and should not be relied upon.
JUST LISTED | Vizcayne Condo Unit 3309 Offered at $3,400 Per Month Posted on July 22, 2015 by Michael Light Miami Luxury Homes is proud to announce that we have just listed unit 3309 at Vizcayne for lease. Located in the heart of Downtown Miami, this spacious 2 Bedroom + Den, 2 Bathroom luxury condo at Vizcayne has 1,515 square feet of interior space. In addition to having a large den that can be used as a 3rd bedroom, unit 3309 also includes a dining room…which is very hard to find in most Miami condos. This luxury unit boasts floor-to-ceiling glass windows and sliding glass doors, beautiful wood flooring, a gourmet kitchen with imported Italian custom cabinetry, stainless steel appliances, porcelain flooring and granite countertops, spa-inspired bathrooms with custom Italian cabinetry and marble countertops, flooring, showers and an oversized soaking tub. This condo includes a laundry area with a washer and dryer in the unit. Most importantly, the unit features 2 terraces with absolutely stunning, panoramic views of Biscayne Bay, the Atlantic Ocean and the Miami Beach skyline. Oh, and the terraces also overlook the resort-style pools at Vizcayne! Vizcayne Condo Unit 3309 Terrace View Offered for lease at $3,400 per month with an assigned parking space on the lowest floor of the secured parking garage. Please contact listing agent, Michael Light, for a private viewing of unit 3309 at Vizcayne in Downtown Miami. You may contact me at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Vizcayne Condo Unit 3309 Living Area Vizcayne Condo Unit 3309 Kitchen Vizcayne Condo Unit 3309 Master Bedroom Vizcayne Condo Unit 3309 Master Bathroom Vizcayne Condo Unit 3309 Master Bathroom Vizcayne Condos Luxury Amenities Vizcayne offers residents spectacular, resort-style amenities, including an expansive pool deck overlooking Biscayne Bay, an unparalleled 4-story, 35,000-square foot health and fitness center comprised of a full-service spa, fitness center, exclusive clubhouse and rooftop outdoor running track. Expansive, Resort-Style Pool Deck Panoramic views of Biscayne Bay, the Atlantic Ocean and the Miami Beach skyline 3 sunrise pools 1 sunset pool Jacuzzi Bar and lounge social area Pool attendants and towel service Tropical gardens Full-Service Luxury Spa (1st Floor of Club House) Private treatment rooms Massage therapy Facials Skin care Sauna and steam rooms Plunge pool State-of-the-Art Fitness Center (2nd Floor of Club House) Precor® equipment Free weights Cardio and elliptical machines Zumba®, spinning, yoga and aerobic classes Personal training Rooftop running track (4th floor of club house) The Clubhouse at Vizcayne (3rd Floor of Club House) Stunning, expansive views of Biscayne Bay, the resort-style pool deck and lush gardens Bar and lounge Private movie theater Game room with video games and billiards Chef’s catering kitchen Perfect for private events accommodating up to 175 guests