Skip to main content

Posts

Showing posts from May, 2018

The Best Townhomes in Miami | The Townhomes at Continuum South Beach

The Beautiful Townhouses at Continuum South Beach Continuum South Beach offers a small amount of 3 to 4 bedroom townhouses (there are also some 2 bedrooms available) located between the two condo towers and the pool. They typically range between 2,000 and 3,000 SF. The more affordable 3 bedroom townhouses are located south of the South Tower, facing the South Pointe Park. Those do not offer an ocean view, but provide a great space, great privacy and easy access from the parking garage directly to the back door of your home. That is the perfect property for who wants a “homier” lifestyle and do not mind the stairs. The townhouses located to the East of the Continuum South Tower and Continuum North Tower provide great views of the ocean and fabulous private rooftop terraces. Those townhouses trade at a higher price per square foot and some of the renovated townhouses even feature a private elevator. Why a Continuum South Beach Townhome? Continuum at South Beach is o...

Continuum South Beach | The Perfect Condo for Families with Children

Living in South of Fifth with a Family? Continuum South Beach is the preferred choice for most families Looking for the best South of Fifth condo for kids? Continuum is definitely your condo of choice. While many people aren't aware of the fact that lots of families live in South Beach's most desired southern point, the area is actually quite attractive for families. South of Fifth offers a really well rated elementary school;  South Pointe Elementary   which offers PreK to Grade 5. This well-rated public school is a desired choice for many South of Fifth families. South of Fifth is also home to beautiful parks, allowing your kids to ride a bike, run around, play with other kids or have fun on the wet play ground. Continuum South Beach for Families Within South of Fifth many parents opt for the Continuum condo to raise their families. Besides the ample offering of large residences, Continuum has much more to offer to moms and dads. As a parent, raising two young...

Record Sale in South of Fifth | 321 Ocean Penthouse Sells for $3,820 per SF

The Penthouse at 321 Ocean has broken a record in South of Fifth. The luxury residence just sold for $3,820 per SF after being listed for more than 2 years. The property which offers two full floors, one of which a rooftop terrace, was originally listed for $34,999,999 ($5,140 per SF) and sold for $26M or $3,820 per SF. The property was bought in 2015 for $20M. The last sales record in South of Fifth was at $3,591 per SF at Ocean house, while Continuum occupies numbers 4, 5 and 6 in the top 10 of record sales (Continuum never passed the $3,300 per SF for the South Tower and $3,000 per SF for the North Tower). Take a look at the highest sales per SF at Continuum South Tower What does this mean for the South of Fifth neighborhood? There is trust in the luxury market, we see higher prices being paid (also at Continuum) and records are broken. We also need to admit that in the luxury market many properties are still overpriced and sometimes when looking at this market as a buye...

South of Fifth Condo News and Market Trends 2018

The South of Fifth Condo Market in 2017 and Our Expectations for 2018! The David Siddons Group is a top performing team of realtors known for their independent and transparent market analysis and real estate reports. Our analysis are highly regarded by industry peers, readers and clients and we strive to give buyers and sellers our best possible market insights The South of Fifth condo market is very unique. The luxurious condos sell the Miami Beach lifestyle and the area has always been in great demand because of its location and superb views. However, most of the South of Fifth condos have experienced price corrections in the last few years. Reason enough for the David Siddons Group to examine the 2017 market and to look forward to 2018. Prices and Price Changes in the South of Fifth Condo Market In the table and graph above we provide you with the sales prices per SF for South of Fifth condos in the first months of 2018 and we compare these prices with previous years....

The Best Floor Plans at Continuum in South of Fifth

Choosing the Right Floor Plan at Continuum Condo in South Beach   There are tremendous differences in the floor plan configuration and by consequence in a better or worse use of space. All condos tend to have some good and bad floor plans and Continuum is no exception. Remember though, it is all relative so when we discuss a floor plan that is less than optimal, in terms of views or configuration, the price per SF is often much less than a superior counterpart. Additionally, finishes vary enormously and we personally know of units with multi million dollar build-outs, which move the value significantly. Not just because of the finishes, but because some have been immeasurably altered from the original developer’s plans and this needs to be respected too. This is an obvious caveat to most so let’s move on into the ‘meat’ of the blog! The Best Floor Plans at Continuum in South of Fifth:  Floor Plans at Continuum South Tower Beware of Long and Dark Corridors A few fl...

Should You Sell or Rent Your Continuum Unit?

Selling vs Renting at Continuum We have spoken to several Continuum owners who have decided they want to move to a single-family home. They have decided to make the move, but they are not sure yet on whether they want to list their Continuum unit for sale or for rent. There are a few aspects to keep in mind while making this decision. In this blog we discuss the questions one needs to ask in order to make the best decision on whether to rent or to sell a Continuum residence. To Sell or to Rent a Property | Questions to ask Is the market going up or going down? In an upward market it is better to rent the unit until the market is about to reach its peak. This provides you with a nice asset appreciation, which adds to your cap return.  One big question that owners have is ‘If I wait can I sell the home for more later on?”  With this in mind we often ask questions to ourselves like: “What could hurt the market?”: Certainly raised interest rates, reduced bene...