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| Bellini Williams Island condominiums, Aventura, FL in northeast Miami-Dade County, FL |
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| MyBrickell condos downtown Miami, FL |
MIAMI, FL -- With at least 175 new condo towers already
proposed for South Florida, a fourth condo project has been completed while at
least two more towers are scheduled to be delivered before the end of the year
as the region's real estate market shows signs of recovering from the dramatic
downturn of 2007, according to a new report from CondoVultures.com.
The newly completed Bellini Williams Island
condominium complex with 70 units in Aventura in Northeast Miami-Dade County
recorded its first transaction in the 24-story tower fronting the Intracoastal
Waterway on October 31, 2013, according to Miami-Dade County records.
In addition to the Bellini Williams Island, at least two
other new condo projects - MyBrickell in Greater Downtown Miami and the
Regalia in Sunny Isles Beach - are expected to complete construction by the
end of 2013, according to marketing literature from each project.
In the Aventura market, a combination of domestic and
international developers - in unrelated projects - are proposing to construct
nine towers with nearly 1,100 new condo units in a market that stretches from
Northeast 163rd Street north to the Broward County line, and the Atlantic Ocean
west to Federal Highway as of November 15, 2013, according to the
Preconstruction Condo Projects Database™ compiled by the licensed Florida
brokerage CVR Realty™.
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| Regalia condos Sunny Isles Beach, FL |
Overall in South Florida, at least 176 new condo towers with
nearly 23,100 units are proposed, planned, under construction, or recently
completed in the tricounty South Florida region of Miami-Dade, Broward, and
Palm Beach as of November 15, 2013, according to the Preconstruction Condo
Projects Database™ compiled by the licensed Florida brokerage CVR Realty™.
For a complete copy of the company’s news release, please
contact:
Condo Vultures® LLC
225 Midtown Building
225 NE 34th St.,
Suite 209B,
Downtown Miami, Florida, 33137. 800-750-0517.
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