Monday, November 18, 2013

4th New Condo Project Completed In South Florida Since Crash Of 2007


Bellini Williams Island condominiums, Aventura, FL in northeast Miami-Dade County, FL

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™.

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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