Category Archives: Turnberry Ocean Colony North

Turnberry Ocean Colony North Tower
16051 Collins Avenue
Sunny Isles Beach, FL. 33160

Turnberry Ocean Colony Sunny Isles Beach Condo Sales, Stats & Trends for January 2014

Sunny Isles Beach Luxury Condo Sales & Statistics – 2014

Sunny Isles Beach condo inventory has increased 10% since the prior 2013 blog post to 688 total condos for sale and 53 closed sales in the last 30 days (12.8 month supply). Sunny Isles Beach condos Sold (via MLS database):

  • Today, as of January 14th, we see 20 closed sales with an average selling price per square foot of $438 (12% Increase) for an averaged yearly increase since 2011 reflecting 16%!
  • 2013 Sales totaled 1,006 with an average sale price per square foot at $387 PSF (15% Increase).
  • 2012 Sales totaled 1,051 with an average sale price per square foot of $329 PSF (22% Increase).
  • 2011 Sales, 1,066 Sales occurred at an average sale price per square foot at $258 PSF.

In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 327 condos for sale today with 384 closed sales last year averaging a selling price per square foot of $618 psf and selling at 94% of list price. In 2012, 356 (249 Sales in 2011) oceanfront condos over $500k sold with an average selling price per square foot of $543 ($520 sp$/psf in 2011 & $420 sp$/sf in 2010). If we take the top 10 of 2013 luxury condo sales, we find an average sales price per square foot of $1,125 and an average asking price per square foot of $1,275 psf reflecting an average 12% discount for new buyers in the Sunny Isles Beach luxury real estate market.

The Top 10 Sunny Isles Beach luxury condo sales

from the last 90 days were found at Turnberry Ocean Colony having 1 sale at $1,092 per square foot. JADE Ocean had 1 sale at $1,204 PSF, JADE Beach had 3 sales at $1,138, $1,065  and $1,086 psf. Acqualina had 1 sale at $1,107 psf while Trump Palace , Trump Royale and Trump Towers III & Tower I each had sales at $955, $904, $786 and $831 per square foot respectively.

Turnberry Ocean Colony…

Turnberry Ocean ColonyTurnberry Ocean Colony Condo Sales & Trends | Market Summary

Price points at Turnberry Ocean Colony in 2013 showed 18 total sales as low as $1,740M with a record high of $3.7M. 2009 set a record low for Turnberry Ocean Colony of $970k while 2011 had the highest sale at $4.9M. Prices today begin at $2.295M (2 Bedroom) and upwards of $7.875M (4 bedroom). 2011 year was considered the turnaround year for the local Sunny Isles Beach real estate market and notably T.O.C. values have done quite well as we looked at aggressive prices and strong sales to match. Last year there were 18 closed sales ranging from $1.740M (2 bedroom) to $3.7M (4 bedroom). Turnberry Ocean Colony South & North Towers will remain a strong contender for years to come even among new construction having noted the market bottom in 2009 with 26 closed sales averaging only $581 psf at steep buyer discounts. We should see continued appreciation in both North & South Tower with the average asking price per square foot today at $1,068 ($984 in 2013, $1,051 in 2012, $972 psf in 2011 and $864 in 2010) while ‘sold’ price per square foot averages last year reflect $920 PSF.

Turnberry Ocean Colony North Tower Condo Inventory, Sales & Rentals

(16051CollinsAvenue.com) Turnberry Ocean Colony North Tower resales have 11 condos (8% inventory) for sale ranging in values from $2.295M (02 Exuma Model) to $4.3M for a 5 Bedroom/4.5 bath, 23th floor Eleuthera condo residence beautifully remodeled! The average Turnberry Ocean Colony North tower list price per square foot reflects $1,172 with the average selling price per square foot from the last 12 months reflecting $939 psf at 149 days on market plus an averaged 94% sale to list price ratio (6% buyer discount). Turnberry Ocean Colony North condo sales from the last 90 days show us 1 resale on a Martinique floor plan (#1103) selling at $3.8M or $1,092 psf as buyers continue grabbing premier luxury real estate along the Miami Beaches. With a large International demand, central location for major airports, strong confidence and a seller’s market, Miami has become a safe haven for many. There is just 1 Turnberry Ocean Colony North condo for rent in January asking $10,000 (2BR Exuma Model) which is Furnished. Turnberry Ocean Colony North tower had only 2 condos rented last year renting from $8,000 on a furnished Exuma model to $16,500 on a furnished 5 bedroom Martinique model.

Turnberry Ocean Colony South Tower Condo Inventory, Sales & Rentals

(16047CollinsAvenue.com) Turnberry Ocean Colony South Tower resales have 6 condo residences for sale today (5% inventory) with the high price on a Grand Cayman model asking $7.875M and the buildings low on an Exuma model priced at $2.299M. The average Turnberry Ocean Colony South tower list price per square foot reflects $1,061 with the average selling price per square foot from last year sales reflecting $901 psf at 141 days on market plus an averaged 91% sale to list price ratio (9% buyer discount). There are 3 Turnberry Ocean Colony South Tower rentals listed in January with asking prices ranging from $10,750 (unfurnished Exuma 2 bedroom) to $20,900 (partially furnished Grand Cayman 4 bedroom).

Ready to Sell or Lease at Turnberry Ocean Colony?

In Miami, results are very dependent on the broker or Realtor® you decide to hire to service, show and sell your property. When hiring someone to sell or lease your Turnberry Ocean Colony condo, look for strong global marketing with intimate local market knowledge and a proven track record & reputation selling luxury condos along Sunny Isles Beach. I’m available to market globally here on this website and on other luxury condo websites such as MiamiPenthousesandEstates.com & MiamiDreamRealty.com. Visit me today for further details on a very powerful marketing plan (5 Step Marketing) and efficient results whether selling or leasing your oceanfront condo. In February 2010, I released a new addition to the Sunny Isles Beach condo collection with the Turnberry Ocean Colony Sunny Isles website to replicate the success I had with the JADE Condos Sunny Isles authority website. Price points at Turnberry Ocean Colony have shown us increasing sale prices since 2010 beginning in the high $1M’s and noting steady upswing with a renewed buyer confidence in Miami Beach oceanfront real estate.

Ready to Buy at Turnberry Ocean Colony?

The original Sunny Isles Beach condo resource MiamiDreamRealty.com showcases the entire luxury Southeast Florida MLS listing database while the Turnberry Ocean Colony property database accesses the MLS and shows each new luxury property as they are listed. You’ll also find excellent local Sunny Isles Beach statistics at the Miami Beach Real Estate Blog. Feel free to leave a comment below and let me know what’s on your mind regarding Turnberry Ocean Colony Towers or any other luxury condo tower along the Miami Dade County coastline. Enjoy and thank you for visiting!

Now you have access to all the properties for sale & rent, new condo updates, videos & sales statistics at this Turnberry Ocean Colony condo website & blog geared towards these luxurious oceanfront towers. Call today 1.888.383.7326.

Turnberry Ocean Colony Sunny Isles Beach Condo Sales, Stats & Trends for October 2013

Sunny Isles Beach Luxury Condo Sales & Statistics – 2013

Sunny Isles Beach condo inventory has increased 10% since the prior 2012 blog post to 617 total condos for sale and 58 closed sales in the last 30 days (10.6 month supply). In 2012, 1,052 Sunny Isles Beach condos sold (via MLS database) with an average sale price per square foot at $329 per square foot while in 2011, 1,051 Sales occurred at an average sale price per square foot at $258 per square foot for an average increase of 12%. Now as of October 2013, we see 746 closed sales with an average selling price per square foot of $385 for an average increase of 15%!

In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 267 condos for sale today with 265 closed sales this year averaging a selling price per square foot of $620 psf and selling at 94% of list price. If we take the top 10 of 2013 luxury condo sales, we find an average sales price per square foot of $1,125 and an average asking price per square foot of $1,270 psf reflecting an average 11% discount for new buyers in the Sunny Isles Beach luxury real estate market. In 2012, 356 (249 Sales in 2011) oceanfront condos over $500k sold with an average selling price per square foot of $543 ($520 sp$/psf in 2011 & $420 sp$/sf in 2010).

The Top 10 Sunny Isles Beach luxury condo sales from the last 90 days were found at Turnberry Ocean Colony having 1 sale at $901 per square foot. JADE Ocean had 5 sales at $921, $1138, $1138, $1112, and $1008 psf. Acqualina had 2 sales at ‘$1,824 psf’ and $1126 psf setting a ‘new area sale record’ along with Trump Palace having a sale at $1286 psf.

On to Turnberry ocean Colony…

Turnberry Ocean ColonyTurnberry Ocean Colony Condo Sales & Trends | Market Summary for 2013

Price points at Turnberry Ocean Colony in 2012 showed 12 total sales as low as $1,658M with a record high of $3.357M. 2009 set a record low for Turnberry Ocean Colony of $970k while 2011 has had the highest sale at $4.9M. Prices today begin at $2.349M (2 Bedroom) and upwards of $8.999M (4 bedroom). 2011 year was considered the turnaround year for the local Sunny Isles Beach real estate market and notably T.O.C. values have done quite well as we looked at aggressive prices and strong sales to match.

In 2013 there are 3 recent pending contracts with 14 closed sales ranging from $1.740M (2 bedroom) to $3.7M (4 bedroom). Turnberry Ocean Colony South & North Towers will remain a strong contender for years to come even among new construction having noted the market bottom in 2009 with 26 closed sales averaging only $581 psf at steep buyer discounts. We should see continued appreciation in both North & South Tower with the average asking price per square foot today at $984 ($1,051 in 2012, $972 psf in 2011 and $864 in 2010) while sale price per square foot averages show us $907 PSF.

Turnberry Ocean Colony North Tower Condo Inventory, Sales & Rentals

(16051CollinsAvenue.com) Turnberry Ocean Colony North Tower resales have 9 condos (7% inventory) for sale ranging in values from $2.349M (02 Exuma Model) to $4.3M for a 5 Bedroom/4.5 bath, 23th floor Eleuthera condo residence beautifully remodeled from head to toe! The average Turnberry Ocean Colony North tower list price per square foot reflects $1,121 with the average selling price per square foot from the last 6 months reflecting $897 psf at 171 days on market plus an averaged 94% sale to list price ratio (6% buyer discount).

Turnberry Ocean Colony North condo sales from the last 90 days show us 3 resales including an Abaco floor plan (#1001) selling at $2.750M or $991 psf along with 2 Exuma models (#802 & #1402) selling at $1.850M ($828psf) and $1.760M ($784psf). We see 2 pending condo sales with asking prices from $1.975M to $2.6M as buyers continue grabbing premier luxury real estate along the Miami Beaches. With a large International demand, central location for major airports, strong confidence and a seller’s market, Miami has become a safe haven for many.

There are only 3 Turnberry Ocean Colony North condos for rent in October asking $10,900 (2BR Exuma Model), $17,900 (5 BR) and $20,000 (5 BR) all of which are Furnished. Turnberry Ocean Colony North tower had just 1 condo rented this year renting at $8,000 on a furnished Exuma model.

Turnberry Ocean Colony South Tower Condo Inventory, Sales & Rentals

(16047CollinsAvenue.com) Turnberry Ocean Colony South Tower resales reflect 3 condo residences (2% inventory) with the high price on a Grand Cayman Penthouse model asking $8.999M and the buildings low on an Exuma model priced at $2.650M (5th floor). The average Turnberry Ocean Colony South tower list price per square foot reflects $1,228 with the average selling price per square foot from the last 6 months reflecting $789 psf at 181 days on market plus an averaged 93% sale to list price ratio (7% buyer discount). Turnberry Ocean Colony South condo sales from this year report 6 sales ranging from $1.740M ($775 psf) and $3.7M ($1,063 psf) on an Eleuthera Model.

One Ocean Colony South Tower condo residences is pending sale today with an asking price of $3.760M (Eleuthera #904). There are 4 Turnberry Ocean Colony South Tower rentals listed in October with asking prices ranging from $10,750 (unfurnished Exuma 2 bedroom) to $17,900 (partially furnished Grand Cayman 4 bedroom).

Turnberry Ocean Colony North & SouthReady to Sell or Lease at Turnberry Ocean Colony?

In Miami, results are very dependent on the broker or Realtor® you decide to hire to service, show and sell your property. When hiring someone to sell or lease your Ocean Colony condo, look for strong global marketing with intimate local market knowledge and a proven track record & reputation selling luxury condos along Sunny Isles Beach. I’m available to market globally here on this website and on other luxury condo websites such as MiamiDreamRealty.com. Visit me today for further details on a very powerful marketing plan (5 Step Marketing) and efficient results whether selling or leasing your oceanfront condo. In February 2010, I released a new addition to the Sunny Isles Beach condo collection with the Turnberry Ocean Colony Sunny Isles website to replicate the success I had with the JADE Condos Sunny Isles authority website.

Price points at Turnberry Ocean Colony have shown us increasing sale prices since 2010 beginning in the high$1M’s and noting steady upswing with a renewed buyer confidence in Miami Beach oceanfront real estate. Now you have access to all the properties for sale & rent, new condo updates, videos & sales statistics at this Turnberry Ocean Colony condo website & blog geared towards these exquisite oceanfront towers which are preferable by many.

Ready to Buy at Turnberry Ocean Colony?

The original Sunny Isles Beach condo resource MiamiDreamRealty.com showcases the entire luxury Southeast Florida MLS listing database while the Turnberry Ocean Colony property database accesses the MLS and shows each new luxury property listed today. You’ll also find excellent local Sunny Isles Beach statistics at the Miami Beach Real Estate Blog. Feel free to leave a comment and let me know what’s on your mind regarding Turnberry Ocean Colony Towers or any other luxury condo tower along the Miami Dade County coastline. Enjoy and thank you for visiting! Call today 1.888.383.7326.

Turnberry Ocean Colony Sunny Isles Beach Condo Sales, Stats & Trends for June 2012

Sunny Isles Beach Luxury Condo Sales & Statistics – 2012

Sunny Isles Beach condo inventory has decreased 37% since the prior March 2011 blog post to 557 total condos for sale and 70 closed sales in the last 30 days (7.9 month supply). In 2010, 777 Sunny Isles Beach condos sold (via MLS database) with an average sale price per square foot at $234 per square foot while in 2011, 1,051 Sales occurred at an average sale price per square foot at $258 per square foot for an average increase of 9%. Now as of June 2012, we see 462 closed sales with an average selling price per square foot of $317 for an average increase of 19%!

In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 240 condos for sale today with 153 closed sales in 2012 averaging a selling price per square foot of $520 psf and selling at 94% of list price. If we take the top 10 of 2012 luxury condo sales, we find an average sales price per square foot of $875 and an average asking price per square foot of $970 psf reflecting an average 9.5% discount for new buyers in the Sunny Isles Beach luxury real estate market. In 2011, 249 (161 Sales in 2010) oceanfront condos over $500k sold (Stats via MLS) with an average selling price per square foot of $520 ($420 sp/psf in 2010).

The top 10 Sunny Isles Beach luxury condo sales from the last 90 days were found at Turnberry Ocean Colony having 2 sales at $859 & $857 per square foot. JADE Beach had 3 sales at $898, $876 and $688 psf. Acqualina had 2 sales at $969 psf and $927 psf along with Ocean Three having 2 sales at $456 & $444 psf. The other sale was at Oceania Island selling a Penthouse for just under $3M or $621 psf. Sunny Isles Beach condo inventory has decreased 25% year to date while sale to list price ratios are averaging 93% for the prior month of May. I’ll explore the fine analytics below and continue educating everyone interested in Turnberry Ocean Colony South & Ocean Colony North Towers.

Turnberry Ocean Colony Condo Sales & Trends | Market Summary for 2012

Price points at Turnberry Ocean Colony in 2011 showed 15 total sales as low as $1,210,000 with a record high of $4.9M. 2009 set a record low for Turnberry Ocean Colony of $970k while 2011 had the highest sale at $4.9M. Prices today begin at $1.899M (2 Bedroom) and upwards of $9M (4 bedroom). Last year was considered the turnaround for the local Sunny Isles Beach market and notably T.O.C. values as we looked at aggressive prices and strong sales to match. In 2012 there are 3 recent pending contracts with 9 closed sales ranging from $1.658M (2 bedroom) to $3.357M (3 bedroom). Turnberry Ocean Colony South & North Towers will still have a strong year ahead having noted the market bottom in 2009 with 26 closed sales averaging only $581 psf at steep buyer discounts. We should notice continued appreciation this year with the average asking price per square foot today at $1,051 ($972 psf in 2011 and $864 in 2010).

Turnberry Ocean Colony North Tower Condo Inventory, Sales & Rentals

(16051CollinsAvenue.com) Turnberry Ocean Colony North Tower resales have 6 (5% inventory) condos for sale ranging in values from $1.899M (02 Exuma Model) to $4.5M for a 4 Bedroom/5.5 bath, 25th floor Eleuthera condo residence. The average Turnberry Ocean Colony North tower list price per square foot reflects $984 with the average selling price per square foot from the last 6 months reflecting $836 psf at 121 days on market plus an averaged 92% sale to list price ratio (8% buyer discount). Turnberry Ocean Colony North condo sales from the last 90 days report 2 resales including an Abaco Penthouse floor plan (#PH3501) selling at $2.380M or $859 psf along with a Eleuthera model (#1204) selling at $3.2M or $857 psf. We see 2 pending condo sales with asking prices from $1.845M to $3.650M as buyers continue grabbing premier luxury real estate along Miami Beach. With a large International demand, central location and renewed confidence, Miami has become a safe haven for many.

There are only 2 Turnberry Ocean Colony North for rent in June ranging in asking values from $8,200 to $8,500 (both 2BR Exuma Model). Turnberry Ocean Colony North tower rentals had just 1 condo rented in the last 6 months renting at $7,000 on a furnished Exuma model.

Turnberry Ocean Colony South Tower Condo Inventory, Sales & Rentals

(16047CollinsAvenue.com) Turnberry Ocean Colony South Tower resales reflect 9 (7% inventory) condo residences with the high price on a Grand Cayman Penthouse model asking $9M and the buildings low on an Exuma model priced at $1.950M (32nd floor). The average Turnberry Ocean Colony South tower list price per square foot reflects $1,096 with the average selling price per square foot from the last 6 months reflecting $836 psf at 348 days on market plus an averaged 95% sale to list price ratio (5% buyer discount). Turnberry Ocean Colony South condo sales from the last 90 days report 2 sales ranging from $1.658M ($739 psf) and $1.775M ($791 psf) both on an Exuma model.

One Ocean Colony South Tower condo residences is pending sale today with an asking price of $1.799M (Exuma #602). There are 5 Turnberry Ocean Colony South Tower rentals listed in June with asking prices ranging from $11,000 (unfurnished Abaco 3 bedroom) to $17,900 (furnished Grand Cayman 4 bedroom).

Ready to Sell or Lease at Turnberry Ocean Colony?

In Miami, it’s not the brokerage firm name recognition but instead more so dependent on the agent or Realtor® you decide to hire to market, expose, promote, show and sell (or lease) your property. When hiring someone to sell or lease your Ocean Colony condo, look for strong global marketing with intimate local market knowledge and a proven track record & reputation selling luxury condos along Sunny Isles Beach. I’m available to get started and accepting new listings to market globally here on this website and on other luxury condo websites such as MiamiDreamRealty.com. Visit me today for further details on a very powerful marketing plan (5 Step Marketing) and efficient results whether selling or leasing your oceanfront condo. In February 2010, I released a new addition to the Sunny Isles Beach condo collection with the Turnberry Ocean Colony Sunny Isles website to replicate the success I had with the JADE Condos Sunny Isles authority website. Price points at Turnberry Ocean Colony dropped approximately 20% in 2009 and have shown us ever increasing sales beginning in the HIGH-$1M’s and noting steady upswing with a renewed buyer confidence in Miami Beach oceanfront real estate. Now you have access to all the properties for sale & rent, new condo updates, videos & sales statistics at the Turnberry Ocean Colony condo blog geared towards these exquisite oceanfront towers which are preferred by many.

Ready to Buy at Turnberry Ocean Colony?

The original Sunny Isles Beach condo resource showcases the entire luxury Southeast Florida MLS listing database while JADE Ocean, JADE Beach & Turnberry Ocean Colony MLS database access will also show you each new luxury property at your fingertips. You’ll also find excellent local statistics at the Miami Beach Real Estate Blog. Feel free to leave a comment and let me know what’s on your mind regarding Turnberry Ocean Colony Towers on Sunny Isles Beach or any other luxury condo tower along the Miami Dade County coastline. Enjoy and thank you for visiting! Call today 1.888.383.7326.

Turnberry Ocean Colony Sunny Isles Beach Condo Sales, Stats & Trends for March 2012

Sunny Isles Beach Luxury Condo Sales & Statistics – 2011 Recap

Sunny Isles Beach condo inventory has decreased 35% since the prior January 2011 blog post to 718 total condos for sale and 53 closed sales in the last 30 days (13.5 month supply). In 2010, 777 Sunny Isles Beach condos sold (via MLS database) with an average sale price per square foot at $234 per square foot while in 2011, 1,051 Sales occurred at an average sale price per square foot at $258 per square foot for an average increase of 9%.

In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 329 condos for sale today with 36 closed sales in 2012 averaging a selling price per square foot of $481 psf and selling at 95% of list price. If we take the top 10 of 2012 luxury condo sales, we find an average sales price per square foot of $777 and an average asking price per square foot of $733 psf reflecting an average 6% discount for new buyers in the Sunny Isles Beach luxury real estate market. In 2011, 249 (161 Sales in 2010) oceanfront condos over $500k sold (Stats via MLS) with an average selling price per square foot of $520 ($420 sp/psf in 2010).

The top 10 Sunny Isles Beach luxury condo sales from the last 90 days were found at Turnberry Ocean Colony having 2 sales at $792 & $835 per square foot. Trump Towers I & III each had a sale at $627 and $598 psf. Pinnacle had a sale at $603 psf along with Ocean Four at $431 psf.  JADE Ocean sold a D & E model at $780 psf and $$992 psf respectively. JADE Beach also had 2 sales selling a D & E model at $594 psf and $841 psf.

Sunny Isles Beach condo inventory has decreased 33% year to date while sale to list price ratios are averaging 94% for the prior month of January. I’ll explore the fine analytics below and continue educating everyone interested in Turnberry Ocean Colony South & Ocean Colony North Towers. On to the February 2012 Ocean Colony Condo details…

Turnberry Ocean Colony Condo Sales & Trends | Market Summary for 2011 & 2012

Price points at Turnberry Ocean Colony in 2011 show 15 total sales as low as $1,210,000 with a record high of $4.9M. 2009 set a record low for Turnberry Ocean Colony of $970k while 2011 had the highest sale at $4.9M. Prices today begin at $1.750M (2 Bedroom) and upwards of $5.450M (4 bedroom). Last year was considered the turnaround for the local Sunny Isles Beach market and notably T.O.C. values as we looked at aggressive prices and sales to match. Today there are 5 recent pending contracts and 2 closed sales from $1.875M (2 bedroom) to $2.2M (3 bedroom). I believe Turnberry Ocean Colony South & North Towers will still have a strong year ahead having noted the market bottom in 2009 with 26 closed sales averaging only $581 psf at steep buyer discounts. We should notice prices rising this year with the average asking price per square foot today at $972 psf ($864 in 2010).

Turnberry Ocean Colony North Tower Condo Inventory, Sales & Rentals

(16051CollinsAvenue.com) Turnberry Ocean Colony North Tower resales now have 8 (6% inventory) condos for sale ranging in values from $1.750M (02 Exuma Model) to $4.5M for a 3 Bedroom/5.5 bath, 25th floor Eleuthera condo residence. The average Turnberry Ocean Colony North tower list price per square foot reflects $969 with the average selling price per square foot from the last 6 months reflecting $754 psf at 134 days on market plus an averaged 90% sale to list price ratio (10% buyer discount).

Turnberry Ocean Colony North condo sales from the last 90 days report only 1 resale of an Abaco model floor plan (#2701) selling at $2.2M or $793 psf. We see 2 pending condo sales with asking prices from $1.845M to $3.499M as buyers continue grabbing prime real estate along with a renewed confidence in the Miami Beach residential condo market. With a large International demand, Miami has become a financial safe haven for many buyers.

There are only 2 Turnberry Ocean Colony North for rent in February ranging in asking values from $7,300 to $8,500 (both 2BR Exuma Model). Turnberry Ocean Colony North tower rentals had 2 condos rented in the last 6 months reflecting rented values at $7,800 on an unfurnished Abaco model and $18,000 for a furnished Martinique model residence.

Turnberry Ocean Colony South Tower Condo Inventory, Sales & Rentals

(16047CollinsAvenue.com) Turnberry Ocean Colony South Tower resales reflect 8 (6% inventory) condo residences with the high price on a Eleuthera Penthouse model asking $5.450M and the building low on an Exuma model priced at $1.799M (7th floor). The average Turnberry Ocean Colony South tower list price per square foot reflects $974 with the average selling price per square foot from the last 6 months reflecting $794 psf at 293 days on market plus an averaged 88% sale to list price ratio (12% buyer discount).

Turnberry Ocean Colony South condo sales from the last 90 days report 2 sales ranging from $1.995M ($835 psf) on an Exuma model, $3,357,250M on a Martinique model. Two Ocean Colony South Tower condo residences are pending sale today with asking prices of $1.699M and $2.995M.

There are 4 Turnberry Ocean Colony South Tower rentals listed in March with asking prices ranging from $6,500 (furnished 2 bedroom), $8k (furnished 2 bedroom), $14,000 (unfurnished 4 bedroom) and $18,000 for a furnished 4 bedroom Martinique model. Residence #3201 has been pending since 11.11.11 at $16,000 and will hopefully be updated on the rented price by the listing agent soon.

 

Turnberry Ocean Colony Sunny Isles Beach Miami South Tower

Ready to Market Your Property at Turnberry Ocean Colony..

In Miami, it’s not the brokerage firm name recognition as it is in other major Cities & Countries but instead more so dependent on the agent or Realtor® you decide to hire to market, expose, promote, show and sell or lease your property. When hiring someone to sell or lease your Ocean Colony condo, look for strong global marketing with intimate local market knowledge and a proven track record & reputation selling luxury condos along Sunny Isles Beach. I’m ready to get started and accepting new listings to market globally here on this website and on other luxury condo websites such as MiamiDreamRealty.com. Visit me today for further details on a very powerful marketing plan (5 Step Marketing) and efficient results whether selling or leasing your oceanfront condo.

In February 2010, I released a new addition to the Sunny Isles Beach condo collection with the Turnberry Ocean Colony Sunny Isles website to replicate the success I had with the JADE Condos Sunny Isles authority website. Price points at Turnberry Ocean Colony dropped approximately 20% in 2009 and have shown us ever increasing sales beginning in the HIGH-$1M’s and noting steady upswing with a renewed buyer confidence in Miami Beach oceanfront real estate. Now you have access to all the properties for sale & rent, new condo updates, videos & sales statistics at the Turnberry Ocean Colony condo blog geared towards these exquisite oceanfront towers which are preferred by many. The original Sunny Isles Beach condo resource was revamped showcasing the entire luxury Southeast Florida MLS listing database while JADE Ocean, JADE Beach & Turnberry Ocean Colony MLS database access will also show you each new luxury property at your fingertips. You’ll also find excellent local statistics at the Miami Beach Real Estate Blog.

Feel free to leave a comment and let me know what’s on your mind regarding Turnberry Ocean Colony Towers on Sunny Isles Beach or any other luxury condo tower along the Miami Dade County coastline. Enjoy your day and thank you for visiting! 1.888.383.7326

Turnberry Ocean Colony Sunny Isles Beach Condo Sales, Stats & Trends for January 2011

Sunny Isles Beach Luxury Condo Sales & Statistics – 2010 Recap

Sunny Isles Beach condo inventory has decreased 2% over the prior month to 1,101 total condos for sale and 47 closed sales in the last 30 days (23.4 month supply). In 2010, 777 Sunny Isles Beach condos sold via MLS database with an average sale price per square foot at $234 per square foot. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 441 condos for sale with 178 closed sales averaging a selling price per square foot of $443 psf and selling at 90.3% of list price. If we take the top 10% of 2010 luxury condo sales, we find an average sales price per square foot of $690 and an average asking price per square foot of $782 psf reflecting an average 12% discount for new buyers in the Sunny Isles Beach luxury real estate market. In 2009, 161 oceanfront condos over $500k sold via MLS with an average selling price per square foot of $420. The top 10 Sunny Isles Beach luxury condo sales from the last 90 days were found at Turnberry Ocean Colony having 2 sales at $723 & $685 per square foot. Acqualina had 5 sales selling at $764, $731, $745, $702 & $667 psf. JADE Ocean sold a D model at $690 psf while JADE Beach sold an E model at $420 psf. Trump Tower II sold the one & only 6th floor A model with 2200 sf of terrace space at $570 per square foot..

Sunny Isles Beach condo inventory has increased 3% year to date while sale to list price ratios are averaging 92% for the prior month of December. I’ll explore the fine analytics below and continue educating everyone interested in Turnberry Ocean Colony South & Ocean Colony North Towers. On to the January Ocean Colony Condo details…

Turnberry Ocean Colony Condo Sales & Trends | Market Summary for 2009 & 2010

Price points at Turnberry Ocean Colony in 2010 show 16 total sales as low as $1,010,000 with a record high of $2.550M. 2009 set a record low for Turnberry Ocean Colony of $970k and had the high sale capped at $2.3M while 26 total condos sold. Prices today begin at $1.390M (2 Bedroom) and upwards of $6M looking towards a turnaround on building values with 6 recent pending contracts and 2 closed sales from $2.385M to $2.7M in the last 90 days. I believe Turnberry Ocean Colony South & North Towers will have a strong year ahead of it having noted the market bottom in 2009 with 26 closed sales averaging only $581 psf at steep buyer discounts. We should notice prices rising this year with the average asking price per square foot today at $864.

Turnberry Ocean Colony North Tower Condo Inventory, Sales & Rentals

(http://16051CollinsAvenue.com) Turnberry Ocean Colony North Tower resales now have 12 (9% inventory) condos for sale ranging in values from $1.469M (02 Exuma Model) to $3.950M for a 5 Bedroom/5.5 bath, 33rd floor Martinique condo residence. The average Turnberry Ocean Colony North tower list price per square foot reflects $896 ($890 in June) with the average selling price per square foot from the last 6 months reflecting $615 psf at 514 days on market plus an averaged 87% sale to list price ratio (13% buyer discount).

Turnberry Ocean Colony North condo sales from the last 90 days report only 1 resale of a Martinique floor plan (#2503) selling at $2.385M or $685 psf. We see 5 pending condo sales with asking prices from $1.350M to $3.650M as buyers continue taking advantage of discounted pricing and a renewed confidence in the Miami Beach residential condo market. With a large International demand, Miami has become a financial safe haven for many buyers.

There are 7 Turnberry Ocean Colony North for rent in January ranging in asking values from $7,100 (2BR Exuma Model) to $24,000 for residence #PH3702. Turnberry Ocean Colony North tower rentals had 3 condos rented in the last 6 months reflecting rented values at $8,000 on an Exuma, $10,000 for an Abaco model and $18,500 for a Martinique, each of which were furnished & turn key ready.

Turnberry Ocean Colony South Tower Condo Inventory, Sales & Rentals

(http://16047CollinsAvenue.com) Turnberry Ocean Colony South Tower resales reflect 16 (12% inventory) condo residences with the high price on a Grand Cayman model asking $5.950M and the building low on an Exuma model priced at $1.390M (4th floor). The average Turnberry Ocean Colony South tower list price per square foot reflects $841 with the average selling price per square foot from the last 6 months reflecting $718 psf at 232 days on market plus an averaged 90% sale to list price ratio (10% buyer discount).

Turnberry Ocean Colony South condo sales from the last 90 days report 3 sales ranging from $2.1M ($758 psf) on an Abaco model, $2.7M on a Eleuthera and $2.550M on a Penthouse Eleuthera. One Ocean Colony South Tower condo residence is pending sale today with an asking price of $3.850M.

There are 2 Turnberry Ocean Colony South Tower rentals listed in January with asking prices ranging from $9,000 (furnished 3 bedroom) and $9,555 for a 4 bedroom Martinique model. Residence #2304 has been pending for months at $11,000 and will hopefully be updated by the listing agent soon. The most recent rental was a furnished turn key 6 bedroom renting at $14,000 in November 2010.

Ready to Market Your Property at Turnberry Ocean Colony..

In Miami, it’s not the brokerage name recognition as it is in other Cities & Countries but instead more so dependent on the agent or Realtor® you decide to hire to market, expose, promote, show and sell or lease your property. When hiring someone to sell or lease your Ocean Colony condo, look for strong global marketing with local market knowledge and a proven track record & reputation selling luxury condos along Sunny Isles Beach. I’m ready to get started and accepting new Ocean Colony Condo listings to market globally here and on other luxury condo websites such as MiamiDreamRealty.com. Please stop by and visit me for further details on a superior marketing plan (5 Step Marketing) and efficient results whether selling or leasing your oceanfront condo.

In February 2010, I released a new addition to the Sunny Isles Beach condo collection with the Turnberry Ocean Colony Sunny Isles website to replicate the fun & success I had with the JADE Condos Sunny Isles authority website. Price points at Turnberry Ocean Colony dropped approximately 20% in 2009 alone and have shown us sales as low as $1.1M last year while prices today begin at $1.390M and noting steady turnaround with a renewed buyer confidence in Miami Beach oceanfront real estate. Now you have access to all the properties for sale & rent, new monthly condo updates, videos & sales statistics at the Turnberry Ocean Colony condo blog geared towards these exquisite oceanfront towers which are preferred by many. The original Sunny Isles Beach condo resource was revamped showcasing the entire luxury Southeast Florida MLS listing database while JADE Ocean, JADE Beach & Turnberry Ocean Colony MLS database access will also show you each new luxury property at your fingertips. You’ll also find excellent local statistics at the Miami Beach Real Estate Blog.

Feel free to leave a comment and let me know what’s on your mind regarding Turnberry Ocean Colony Towers on Sunny Isles Beach or any other luxury condo tower along the Miami Dade County coastline. Enjoy and thank you for visiting! 1.888.383.7326

Turnberry Ocean Colony Sunny Isles Beach Condo Sales & Stats for August 2010

Sunny Isles Beach Luxury Condo Sales & Statistics

Sunny Isles Beach condo inventory has increased 4% over the prior month to 1,132 total condos for sale and 41 closed sales in the last 30 days (27.6 month supply). So far in 2010, 463 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $239 per square foot. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue and over $500k, we see 487 condos for sale with 122 closed sales so far this year averaging a selling price per square foot of $423 psf and selling at 89% of list price.

If we take the top 10% of 2010 luxury condo sales, we find an average sales price per square foot of $642 and an average asking price per square foot of $738 psf reflecting an average 13% discount for new buyers in the Sunny Isles Beach luxury real estate market. Last year 161 oceanfront condos over $500k sold via MLS with an average selling price per square foot of $420. The top 10 Sunny Isles Beach luxury condo sales from the last 90 days were found at Acqualina with 2 sales reflecting $785 & $714 per square foot. Turnberry Ocean Colony had 5 sales at $643, $625, $605, $552 & $704 per square foot. JADE Beach #3008 sold at $1.495M ($572 SP/SF) while Trump Royale had 2 sales at $494 & $457 per square foot..

Sunny Isles Beach condo inventory has decreased 11% year to date while sale to list price ratios are averaging 94% for the month of July. I’ll explore the fine analytics below and continue educating everyone interested in these traditional oceanfront condo towers known as Turnberry Ocean Colony South & Ocean Colony North Towers. What are the latest happenings & the very best condo deals at Turnberry Ocean Colony South & Ocean Colony North Towers in August 2010? On to the August Ocean Colony Condo details…

Turnberry Ocean Colony Condos | Market Summary August 2010

Price points at Turnberry Ocean Colony sold as low as $970,000 (record low) last year setting a new motion for buyer interest & condo sales in 2010. Prices today begin at $1.390M (2 Bedroom) and looking towards a fast turnaround with 4 recent pending contracts and 5 closed sales from $1.530M to $2.400M in the last 90 days. I believe Turnberry Ocean Colony South & North Towers will have a strong 2010 finish having noted the market bottom in 2009 with 26 closed sales averaging only $581 psf at steep buyer discounts. We should notice prices rising in the second half with the average asking price per square foot today at $831.

We’ll soon see the facts & truth in numbers reported here on all condo sales, statistics & market trends for Turnberry Ocean Colony Sunny Isles Beach. I’ll explore the fine analytics below educating everyone interested in these traditional luxury towers of Sunny Isles Beach. Here are the Ocean Colony details…

Turnberry Ocean Colony North Tower Condo Inventory, Sales & Rentals

(http://16051CollinsAvenue.com) Turnberry Ocean Colony North Tower resales now have 10 (8% inventory) condos for sale ranging in values from $1.439M (02 Exuma Model) to $3.950M for a 5 Bedroom/5.5 bath, 33rd floor condo residence. The average Turnberry Ocean Colony North tower list price per square foot reflects $880 ($890 in June) with the average selling price per square foot from the last 6 months reflecting $568 psf at 531 days on market plus an averaged 90% sale to list price ratio (10% buyer discount).

Turnberry Ocean Colony North condo sales from the last 90 days report 4 resales including (Abaco model) #3701 selling at $1.950M or $703psf, Penthouse#3504 (Eleuthera model) selling at $2.4M ($643psf). We see 4 pending condo sales with asking prices from $1.350M to $2.890M as buyers take advantage of discounted pricing and a renewed confidence in the Miami Beach residential condo market.

There are only 4 Ocean Colony North residences ranging in asking values from $6,850 (2BR Exuma Model) to $17,000 for residence #2403 (Martinique model). Turnberry Ocean Colony North tower rentals had 1 condo rented in the last 6 months at $7,700 for an unfurnished (Abaco model) 3 Bedroom.

Turnberry Ocean Colony South Tower Condo Inventory, Sales & Rentals

(http://16047CollinsAvenue.com) Turnberry Ocean Colony South Tower resales reflect 17 (13% inventory) condo residences averaging $796 per square foot with the high price on a Eleuthera model asking $5.850M and the building low on an Exuma model priced at $1.390M (4th floor). The average Turnberry Ocean Colony South tower list price per square foot reflects $796 with the average selling price per square foot from the last 6 months reflecting $648 psf at 207 days on market plus an averaged 95% sale to list price ratio (5% buyer discount).
Turnberry Ocean Colony South condo sales from the last 90 days report only 1 sale at a record low price of $1.530M ($552 psf) on condo #2801. Not one Ocean Colony South Tower condo residence is pending sale today.

There are 3 Turnberry Ocean Colony South rentals listed with asking prices ranging from $5,750 (furnished 2 bedroom) and upward to $8,000 for a 3 bedroom Abaco model. Residence #2304 & 2201 are pending at $11,000 and $9,000 respectively. The most recent rental was an unfurnished 5 bedroom renting at $8,000.

I’m Available to Market Your Property at Turnberry Ocean Colony

In Miami, it’s not so much the brokerage name recognition as it is in New York & other Countries but instead more so dependent on the agent or Realtor® you decide to hire to expose, promote, show & sell or lease your property. When hiring someone to sell or lease your Ocean Colony condo, look for strong global marketing with local market knowledge and a proven track record & reputation selling luxury condos along Sunny Isles Beach. I’m ready to get started and accepting new Ocean Colony Condo listings to market globally here and on other luxury condo websites. Please stop by and visit me for further details on a superior marketing plan (5 Step Marketing) and efficient results whether selling or leasing your oceanfront condo.
In 1Q 2010, I released a new addition to the Sunny Isles Beach condo collection with this Turnberry Ocean Colony Sunny Isles website to replicate the fun & success I’ve had with the JADE Condos Sunny Isles authority site. Price points at Turnberry Ocean Colony dropped approximately 20% in 2009 alone and have shown us sales as low as $1M last year while prices today begin at $1.390M and noting steady turnaround with 4 condos under contract this month.

Now you have access to all the properties for sale & rent, new monthly condo updates, videos & sales statistics at the Turnberry Ocean Colony condo blog geared towards these exquisite oceanfront towers which are preferred by many. The original Sunny Isles Beach condo resource was revamped showcasing the entire luxury Southeast Florida MLS listing database while JADE Ocean, JADE Beach & Turnberry Ocean Colony MLS database access have also been revamped for each new properties at your fingertips. You’ll also find awesome statistics at the Miami Beach Real Estate Blog.

Feel free to leave a comment and let me know what’s on your mind regarding Turnberry Ocean Colony South & Ocean Colony North Towers on Sunny Isles Beach or any other luxury condo tower along the Miami Dade County coastline. Enjoy and thank you for visiting!

**All figures & data derived from the Southeast Florida Regional (MLX) Multiple Listing Service.

Turnberry Ocean Colony Sunny Isles Beach Condo Sales, Inventory & Statistics for JUNE 2010

Sunny Isles Beach Luxury Condo Sales & Statistics

Sunny Isles Beach condo inventory is hovering 1,075 condos for sale and 44 closing in the last 30 days (24.4 month supply). So far in 2010, 338 Sunny Isles Beach condos have sold with an average sale price per square foot at $239. In a contrast comparison specific to luxury oceanfront condos on Collins Avenue (over $500k), we see 442 condos for sale with 80 closed sales so far this year averaging a selling price per square foot of $430 psf and selling at 90% of list price. Last year 162 oceanfront condos over $500k sold with an average selling price per square foot of $432.

If we take the top 10 luxury condo sales of the previous 90 day period, we find an average selling price per square foot of $585 ($566psf last month) and an average asking price per square foot of $651 ($618psf last month) reflecting an average 10% discount for new buyers (90% SP/LP%) in today’s Sunny Isles Beach condo market. 4 of the 10 highest closed sales were found at Turnberry Ocean Colony. The other top Sunny Isles Beach condo sales were found at Acqualina #PH4601 at $4.5M ($785psf), JADE Beach #4501 selling at $2M ($645psf), Trump Royale #4701 which sold at $1.490M ($494psf) along with record highs at Ocean One & Ocean Four.

Turnberry Ocean Colony Condos | Market Summary June 2010

Price points at Turnberry Ocean Colony sold as low as $970,000 (record low) last year setting a new motion for buyer interest & new sales in 2010. Prices today begin at $1.390M (2 Bedroom) and looking towards a fast turnaround with ‘9‘ recent pending contracts and 5 closed sales from $1.050M to $2.550M in the last 90 days. I believe Turnberry Ocean Colony South & North Towers will have a strong 2010 finish having noted the market bottom in 2009 with 26 closed sales averaging only $581 psf at steep buyer discounts. We should note prices rising this year with the average asking price per square foot today at $818. We’ll soon see the facts & truth in numbers reported here on all condo sales, statistics & trends for Turnberry Ocean Colony Sunny Isles Beach. I’ll explore the fine analytics below educating everyone interested in these traditional luxury towers of Sunny Isles Beach. On to the Ocean Colony details..

Turnberry Ocean Colony North Tower Condo Inventory, Sales & Rentals

(http://16051CollinsAvenue.com) Turnberry Ocean Colony North Tower resales now have 8 (6% inventory) residences ranging in values from $1.439M (02 Exuma Model) to $3.950M for a 5 Bedroom/5.5 bath, 33rd floor condo residence. The average Turnberry Ocean Colony North tower list price per square foot reflects $890 ($863 last month) with the average selling price per square foot from the last 6 months reflecting $548psf at 276 days on market plus an averaged 87% sale to list price ratio (13% buyer discount).

Turnberry Ocean Colony North condo sales from the last 90 days report 3 resales including the Abaco model (#901) selling at $1.8M ($649psf), the Eleuthera model selling at only $1.830M ($477psf) and the Exuma model which sold at $1.050M ($477psf). We see 8 pending condo sales with asking prices from $1.060M to $2.890M as buyers take advantage of discounted pricing and a renewed confidence in the Miami Beach residential condo market.

Turnberry Ocean Colony North tower rentals had 1 condo rented in the last 6 months at $7,700 for an unfurnished Abaco model (3 BR). There are only 4 Ocean Colony North residences ranging in asking values from $6,700 (2BR Exuma Model) to $28,000 (Penthouse #3702).

Turnberry Ocean Colony South Tower Condo Inventory, Sales & Rentals

(http://16047CollinsAvenue.com) Turnberry Ocean Colony South Tower resales now reflect 17 (13% inventory) condo residences averaging $774 per square foot with the high price on a Eleuthera model asking $4.295M and the low on an Exuma model priced at $1.390M (4th floor). In the last 90 days, 2 sales have occurred in the South Tower at a bargain price of $1.830M ($660psf) on condo #3101 while #2903, a 5BR, just sold at $2.550M ($733psf). Only 1 Ocean Colony South condo residence is pending sale with an asking value of $1.550M.. #2801 Abaco bargain!

There are 6 Turnberry Ocean Colony South rentals listed with asking prices ranging from $5,750 (furnished 2 bedroom) and upward to $10,000 for a 3 bedroom Abaco model. Residence #2304 is still pending at $11,000 while #2201 just went pending at an asking price of $9,000. The most recent rental was an unfurnished 5 bedroom renting at $8,000.

Thank you for Visiting the Turnberry Ocean Colony Blog

Now you have access to new monthly updates, videos & statistics geared towards these exquisite oceanfront towers of Turnberry Ocean Colony which are preferred by many. The original MiamiDreamRealty.com was revamped showcasing the entire Miami Dade Beaches luxury MLS listings for ease & immediate information for your knowledge. The upgraded MLS property search was also implemented here at TurnberryOceanColonySunnyIsles.com and you have Ocean Colony condo inventory for rent & sale at your fingertips! Feel free to leave a comment and let me know what’s on your mind pertaining to Turnberry Ocean Colony Condos or any other real estate along Sunny Isles Beach.

Turnberry Ocean Colony Sunny Isles Beach image

**All figures & data derived from the Southeast Florida Regional (MLX) Multiple Listing Service.

Turnberry Ocean Colony Sunny Isles Beach Condo Sales, Inventory & Statistics for MAY 2010

*Price points at Ocean Colony dropped approximately 20% in 2009 and sold as low as $970,000 (record low) last year setting a new spark for buyer interest & new sales in 2010. Prices today begin at $1.390M (2 Bedroom) and looking towards a fast turnaround with ‘12‘ recent pending contracts and 3 closed sales from $1.8M to $2.550M in the last 90 days! I believe Turnberry Ocean Colony South & North Towers will have a strong 2010 finish having noted the market bottom in 2009 with 27 closed sales averaging only $581 psf at steep buyer discounts. We should note prices rising this year with the average asking price per square foot today at $814. We’ll soon see the facts & truth in numbers reported here on all condo sales, statistics & trends for Turnberry Ocean Colony Sunny Isles Beach. I’ll explore the fine analytics below educating everyone interested in these traditional luxury towers of Sunny Isles Beach. On to the Ocean Colony details..

Turnberry Ocean Colony North Condo Inventory, Sales & Rentals

(http://16051CollinsAvenue.com) Turnberry Ocean Colony North Tower now has 8 (6% inventory) resales ranging in values from $1.439M (02 Exuma Model) to $3.950M for a 5 Bedroom/5.5 bath, 33rd floor condo residence. The average Turnberry Ocean Colony North tower list price per square foot reflects $863 with the average selling price per square foot from the last 6 months reflecting $849psf at 103 days on market plus an averaged 84% sale to list price ratio (16% buyer discount).

Turnberry Ocean Colony North condo sales from the last 90 days report only 1 sale on the MLS on the Abaco model (#901) selling at $1.8M ($649psf) with 10 pending sales as buyers take advantage of discounted pricing and a renewed confidence in the Miami residential market.

Turnberry Ocean Colony North tower rentals had 1 condo rented in the last 6 months at $7,700 for an unfurnished Abaco model (3 BR). There are only 4 Ocean Colony North residences ranging in asking values from $6,700 (2BR Exuma Model) to $28,000 (Penthouse #3702).

Turnberry Ocean Colony South Condo Inventory, Sales & Rentals

(http://16047CollinsAvenue.com) Turnberry Ocean Colony South Tower is interesting to watch with 16 (12% inventory) condos for sale averaging $778per square foot with the high price on a Eleuthera model asking $4.295M and the low on an Exuma model priced at $1.390M (17th floor). In the last 90 days, 2 sales have occurred in the South Tower at a bargain price of $1.830M ($660psf) on condo #3101 while #2903, a 5BR, just sold at $2.550M ($733psf). 2 condo residences are pending sale reflecting asking values of $1.550M (#2801 Abaco Steal!) and $1.895M on #2201.

There are 6 Turnberry Ocean Colony South rentals listed with asking prices ranging from $5,750 (furnished 2 bedroom) and upward to $10,000 for a 3 bedroom Abaco model. Residence #2304 is still pending rental at $11,000 and the most recent rental was an unfurnished 5 bedroom renting at $8,000.

Sunny Isles Beach Luxury Condo Sales & Statistics

Sunny Isles Beach condo inventory is hovering 1,060 condos for sale and 64 closing in the last 30 days (16.5 month supply). So far in 2010, 277 Sunny Isles Beach condos have sold with an average sale price per square foot at $244. In a contrast comparison specific to luxury oceanfront condos on Collins Avenue (over $500k), we see 412 condos for sale with 64 closed sales so far this year averaging a selling price per square foot of $423 psf and selling at 90% of list price. Last year 162 oceanfront condos over $500k sold with an average selling price per square foot of $422.

If we take the top 10 luxury condo sales of the previous 90 day period, we find an average selling price per square foot of $566 and an average asking price per square foot of $618 reflecting an average 8% discount for new buyers (92% SP/LP%) in today’s Sunny Isles Beach condo market. 3 of the 10 highest closed sales were at Turnberry Ocean Colony. The other top Sunny Isles Beach condo sales were found at JADE Beach #4501 selling at $2M ($645psf), Ocean One #2510 selling at $1.450M ($453psf), JADE Beach #3308 selling at $1.420M ($442psf), Acqualina #704 at $1.299M ($638psf) and Trump Palace #3901 selling at $1.270M ($593psf).

Now you have access to new monthly updates, videos & statistics geared towards the gorgeous oceanfront towers of Turnberry Ocean Colony which many people prefer. In March, the original MiamiDreamRealty.com was revamped showcasing the entire Miami Dade Beaches luxury MLS listings for ease & immediate information for your knowledge. I’m adding an upgraded MLS search here at TurnberryOceanColonySunnyIsles.com this week! What else would you like to see reported here on the TOC Blog? Leave a comment and let me know what’s on your mind pertaining to Turnberry Ocean Colony Condos of Sunny Isles Beach.

Turnberry Ocean Colony Sunny Isles Beach

**All figures & data derived from the Southeast Florida Regional (MLX) Multiple Listing Service.

Turnberry Ocean Colony Condo Sales, Stats & Inventory for March 2010

  In the month of January, I released this newest addition to the Sunny Isles Beach condo collection with TurnberryOceanColonySunnyIsles.com to replicate the fun & success I’ve had with the JADE Beach & JADE Ocean condos authority site. Price points at TOC have dropped approximately 20% in 2009 alone and sold as low as $970k (record low) last year while prices today begin at $1.270M and looking towards a fast turn around with numerous recent sales in the last 6 months! Now you have access to new monthly updates, videos & statistics geared towards the traditional-styled towers of Turnberry Ocean Colony which many customers prefer. Additionally this month, the original MiamiDreamRealty.com was revamped showcasing the entire Miami Dade Beaches luxury MLS listings for ease & immediate information for your knowledge! I believe Turnberry Ocean Colony South & North will have a strong 2010 having noted the market bottom in 2009 with 26 closed sales averaging only $555 psf at steep buyer discounts. We will soon see the facts & truth here too as I begin reporting each month on all activity statistics & trends for Turnberry Ocean Colony Sunny Isles Beach. I’ll explore the fine analytics below and plan to continue educating everyone interested in these traditional towers of Sunny Isles Beach. On to the Ocean Colony details..

Turnberry Ocean Colony North Condo Inventory, Sales & Rentals

(http://16051CollinsAvenue.com) Turnberry Ocean Colony North Tower now has 13 (10%) resales ranging in values from $1.439,000 (02 Exuma Model) to $3.650M for a 4BR/6.5 bath on the Eleuthera model, 21st floor. Turnberry Ocean Colony North condo sales from the last 90 days reported 2sales on the MLS with Abaco values from $1.5M (Penthouse 3501 Steal!) at only $541  psf to $1.850M at $667 per square foot. The average Turnberry Ocean Colony North list price per square foot is reflecting $782psf with the average selling price per square foot from the last 6 months reflecting $679 psf at 143 days on market plus a low 86% sale to list price ratio (14% buyer discount).

Turnberry Ocean Colony North rentals have had no new pending or rented units from the last 90 days. There are only 7 Turnberry Ocean Colony North residences ranging in asking values from $6,000 (Exuma Model) to $28,000 (Penthouse #3702).

Turnberry Ocean Colony South Condo Inventory, Sales & Rentals

(http://16047CollinsAvenue.com) Turnberry Ocean Colony South is interesting to watch with 17 (13%) condos for sale averaging $788per square foot with the high price on a Eleuthera model asking $4.295M and the low on an Exuma model priced at $1.270M (4th floor). In the last 90 days, 1 sale has occurred in the South Tower at a bargain price of $2.150M ($605psf) while 2contracts are pending from asking values of $1.975M (Abaco) and $2.795M Eleuthera model.

There are 4 Turnberry Ocean Colony South rentals listed (via MLS) and the prices are ranging from $7,500 (high floor Exuma model) to $10,750 for a 4 bedroom 5.5 bath. Two condos are pending rental ranging from $8,750 to $11,000 and the most recent rental was a furnished 4 bedroom renting at $10,500.

Sunny Isles Beach Luxury Condo Sales & Statistics

 Sunny Isles Beach condo inventory is trending downward with 1,033 condos for sale and 32 closing in the last 30 days (32 month supply). So far in 2010, 79 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at $228. In a contrast comparison of luxury oceanfront condos specific to Collins Avenue (over $500k), we see 435 condos for sale with 23 closed sales so far this year averaging a selling price per square foot of $394 psf and selling at 91% of list price. Last year 155 oceanfront condos over $500k, sold via MLS with an average selling price per square foot of $434.

If we take only the top 10% of the previous “6 month” luxury condo sales we find an average sales price per square foot of $643 and an average asking price per square foot of $776 reflecting an average 15% discount for new buyers in this market. Interesting note that 5(out of 9) of the highest closed sales were at Turnberry Ocean Colony!

  Looking at the 39 closed oceanfront sales from the last 90 days, we see the sale to list price ratio reflecting a 9% discount and selling within 171 days. Irrelevant statistics to some but I find it interesting… The top Sunny Isles Beach condo sales of the last 90 days were at Acqualinawith #PH4501 selling at $4.7M ($740 SP/SF) and Turnberry Ocean Colony South Tower #1203 selling at $2.150M ($606 SP/SF) plus 3 other luxury sales at $694, $667 & $541 per square foot respectively. What else would you like to see reported here on the TOC Blog? Leave a comment and let me know what’s on you mind pertaining to Turnberry Ocean Colony Condos of Sunny Isles Beach. **All data compiled from the SEF MLXChange.

Turnberry Ocean Colony South

The truth is in the numbers 1.888.383.7326 or direct 786.273.7326.

Turnberry Ocean Colony Condos for Sale | Turnberry Ocean Colony South Condos for Rent

Welcome to the New Turnberry Ocean Colony Condo Website & Blog

Welcome to the new Turnberry Ocean Colony website & blog showcasing every pertinent detail of the North & South towers including monthly statistics, new listings, videos, sales reports and more! With the great success of Jade Condos Sunny Isles, I determined many buyers demanded the traditional style and superior amenities of which Turnberry Ocean Colony development offers it’s residents. Located at 16047CollinsAvenue.com16051CollinsAvenue.com, Ocean Colony are the most specious residences with exceptional floor plans many call their primary “home”. Offering an unbeatable lifestyle pampering your families every need, the Ocean Colony complex is an A-Rated Sunny Isles Beach property that will always set local area records. Use this site as a valuable resource for anything related to Turnberry Ocean Colony.

So “welcome home” to TurnberryOceanColonySunnyIsles.com and let me know what you’d like to see in upcoming blog posts by commenting here or emailing me direct at Ashton@TurnberryOceanColonySunnyIsles.com. Thank you for checking in today and make it a productive one!

PS. Don’t mind the dust as the sites brand new and being built out! 1.888.383.7326

Turnberry Ocean Colony South & North Towers

Turnberry Ocean Colony South & North Towers