Real Estate Market Report, January 2018

A total of six units hit the market in the first month of the year. These units averaged a list price of $880 per square foot. Two of the units offered are on the corner line 01 with 3 bedrooms and 2.5 bathrooms, including two parking spaces. Two other units are on the corner line 07 with 2 bedrooms and 2 bathrooms.

Corner unit #3201 closed this past month of January at the Akoya Condominium for $1,450,000. This unit lasted only 34 days on the market. Deals like this particular one are rare to find. It is very important that your agent keeps a constant eye on the market availability so you can take advantage of great deals like these.

This past month of January at Akoya 5 units found new tenants. Most of these units were offered furnished and are 1 bedroom condos. The average rented price was $3,399 and they lasted approximately 119 days on the market. We must highlight, unit #809 and #1809; although they spent a long time on the market, these units rented for much higher than bigger units on higher floors. Exposure of your unit makes a difference in todays’ market. Check out the links to see a virtual tour of these units: 6365 Collins Ave Unit 1809More Info More Info

A total of 9 units listed for rent in the first month of 2018. Included in the new listings we have a cabana, which can be exclusively rented to current building residents. Most of these listings are one bedroom condos with an average asking price of $ 2,900 per month.​

If you have any further questions regarding this report, you may contact Nivaldo Soria, P.A. or Claudia Serpa, P.A.
at 305-219-8343 or nivaldosr@SouthFloridaInvestments.com