Posts Tagged With 'Condos for Sale in Miami'

The Grove at Grand Bay Is Coming to Miami's Coconut Grove Neighborhood

The Grove at Grand Bay Is Coming to Miami’s Coconut Grove Neighborhood

The Terra Group plans to break ground on a new, luxury condominium in Coconut Grove on June 5th. The Grove at Grand Bay features eco-conscious design and panoramic views of Sailboat Bay, the marina and the city skyline.

The luxury development consists of two 20-story glass towers that twist to showcase the most inspiring views. Designed by Danish architect Bjarke Ingels, the Grove at Grand Bay has 98 units, with prices for a 3-bedroom residence starting at 3 million dollars. The exclusive waterfront condos will feature floor-to-ceiling glass and large balconies.

Currently, the 59-unit North Tower is nearly sold out. Sales in the South Tower began a few month ago. The project has a projected 2014 completion date.

Source: The Miami Herald

Grove at Grand Bay, Waterfront Condos in Miami

Grove at Grand Bay, Waterfront Condos in Miami

The Luxury Market in South Florida Continues to Record New Highs

The Luxury Market in South Florida Continues to Record New Highs

South Florida’s real estate market is continuing its upward march, with the luxury end leading the charge. Prices are rising, and home sales are breaking records.

The luxury housing market was less affected by the market crash. Wealthy sellers are able to hold on to their property through rough financial times. Therefore, the luxury end was the first to rebound, and home prices have now passed their prior highs.

Alex Rodriguez recently sold his Miami Beach home for 30 million dollars, a new record in Miami Beach. A Fort Lauderdale waterfront home recently sold for 14.5 million dollars, a near record in Broward County. Luxury waterfront condo prices are also following this trend. Two penthouse units in the Miami Beach Edition were sold to one buyer for 34 million dollars.

Source: The Miami Herald

Miami Beach Edition

Miami Beach Edition