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Tuesday May 7, 2008

Miami Homes, Analyzing Waterfront Miami Home Sales

The chart below is a break down of the waterfront Miami homes that have been sold, in the areas from South Beach to Golden Beach, since the beginning of the year. This information was gathered from The Realtor Association of Miami-Dade County and based on transactions that were conducted through its realtors.

There were a total of 187 Miami homes sold since January 1st, 2008 and within those home sales 27 homes were located on the waters of Biscayne Bay or the Intercoastal Waterways. Out of those 27 waterfront Miami homes almost 70% of them were located in Miami Beach and on the Venetian Islands.

These waterfront Miami homes ranged in price from $1 million $18.5 million with an average asking price of $4.2 million and sat on the market for an average of 214 days.



The statistics below were gathered from areas: 12, 22, 32 and 42 which includes the areas of Golden Beach, Sunny Isles and the areas from South Beach up to North Miami Beach.

Area

Address

Square Feet

# of bdrms

# of baths

Pool?

Asking Price

Sale Price

Discount from sale $

Price per Square Ft

Days on market

12

456 N Parkway

7000

5

6

Y

$5,200,000

$3,450,000

-33.65%

$493

274

12

521 Ocean Bl

5078

3

3

N

$15,950,000

$12,500,000

-21.63%

$2,462

161

22

1995 Ne 117 Rd

2641

3

2

Y

$1,850,000

$1,600,000

-13.51%

$606

205

22

18900 N Bay Rd

4658

6

5

Y

$1,900,000

$1,900,000

0.00%

$408

546

22

1356 Biscaya Dr

5462

5

4

Y

$3,200,000

$3,200,000

0.00%

$586

51

22

1496 Ne 194 St

6443

5

6

Y

$3,500,000

$3,200,000

-8.57%

$497

27

22

3907 Island Estates Dr

7289

6

5

Y

$5,999,000

$4,250,000

-29.15%

$583

543

22

30 Indian Creek Dr #A

6256

4

4

N

$8,750,000

$7,000,000

-20.00%

$1,119

172

32

1660 Cleveland Rd 4%

2258

3

2

Y

$1,095,000

$1,050,000

-4.11%

$465

480

32

757 Ne 77 Te

4200

4

4

Y

$1,190,000

$1,125,000

-5.46%

$268

22

32

935 Ne 75 St

1741

3

3

Y

$1,190,000

$1,047,500

-11.97%

$602

281

32

1030 S Shore Dr

3405

5

4

Y

$1,230,000

$1,050,000

-14.63%

$308

52

32

8 Century Ln

1042

2

2

N

$1,345,000

$1,200,000

-10.78%

$1,152

144

32

1430 Stillwater Dr

3174

5

4

Y

$1,495,000

$1,400,000

-6.35%

$441

458

32

1190 Bay Dr

3225

5

4

Y

$1,499,000

$1,297,000

-13.48%

$402

279

32

4201 Lake Rd

3378

3

3

N

$2,599,000

$2,225,000

-14.39%

$659

148

32

845 E Dilido Dr

2782

3

3

Y

$2,750,000

$2,700,000

-1.82%

$971

31

32

114 W Rivo Alto Dr

3305

4

3

Y

$2,990,000

$2,350,000

-21.40%

$711

144

32

101 E Dilido Dr

2669

4

3

N

$2,999,000

$2,750,000

-8.30%

$1,030

22

32

830 W Dilido Dr

3734

4

3

Y

$3,650,000

$3,150,000

-13.70%

$844

170

32

214 W San Marino Dr

3763

6

4

Y

$5,395,000

$5,000,000

-7.32%

$1,329

153

32

1215 N Venetian Wy

7653

7

6

Y

$5,700,000

$4,500,000

-21.05%

$588

84

32

235 E Rivo Alto Dr

6000

6

6

Y

$5,900,000

$4,600,000

-22.03%

$767

432

32

5959 Collins Av # 3004

5685

5

5

Y

$6,950,000

$6,700,000

-3.60%

$1,179

332

32

1401 W 27 St

9626

8

9

Y

$12,500,000

$10,000,000

-20.00%

$1,039

0

32

5050 N Bay Rd

10000

9

11

Y

$18,900,000

$13,100,000

-30.69%

$1,310

234

42

16 Palm Av

6345

7

6

Y

$9,995,000

$11,500,000

15.06%

$1,812

343


Contributed by MLR Realty


   

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