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VIZCAYNE Statistics Market Report

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VIZCAYNE Statistics Market Report MARKET REPORT JANUARY 2017 READ THIS REPORT BEFORE SELLING, BUYING OR RENTING! DID YOU KNOW THERE ARE 132 PROPERTIES FOR SALE IN THE BUILDING? SELLERS: HOW DO YOU STAND VERSUS YOUR COMPETITION? FULLY UPDATED BUILDING STATISTICS AVERAGE PRICES PER UNIT TYPE PAST/RECENT SALES & RENTALS ANALYZE CURRENT TRENDS & MARKET STRENGTH EXPERT GUIDANCE FROM A CURRENT VIZCAYNE RESIDENT & TRUE BUILDING SPECIALIST REALTOR-ASSOCIATE | MASTER OF FINANCE 786.327.8874 | [email protected] www.AdrianMoralesRealtor.com *All January statistics were taken in February. *Todas las estadisticas de Enero fueron tomadas en Febrero. CURRENTLY FOR SALE BREAKDOWN PER UNIT TYPE / A LA VENTA POR TIPO DE UNIDAD UNIT TYPE QTY LOW PRICE HIGH PRICE AVG. PRICE AVG. $/Ft2 AVG. DAYS ON THE MARKET Studio 9 $189,999 $449,000 $255,862 $418 198 (6.6 months) 1 Bedroom 53 $235,000 $449,900 $328,877 $367 150 (5 months) 2 Bedroom 55 $329,990 $900,000 $545,787 $463 180 (6 months) 3 Bedroom 15 $730,000 $2,999,000 $1,335,027 $633 164 (5.5 months) 4 Bedroom 0 $0 $0 $0 $0 0 Full Building 132 $189,999 $2,999,000 $530,076 $443 167 (5.6 months) SOLD DURING LAST 6 MONTHS / VENDIDAS EN LOS ULTIMOS 6 MESES # ADDRESS #BR #BA #HBA #GAR LISTPRICE SALEPRICE DAYSMKT LA Ft2 SP$/Ft2 1 253 NE 2 ST # 317 0 1 0 1 $194,900 $190,000 317 506 $375 2 253 NE 2 St # 416 1 1 1 1 $240,000 $220,000 71 938 $235 3 244 BISCAYNE BL # 3605 0 1 0 1 $279,000 $255,000 171 708 $360 4 244 Biscayne Blvd # 502 1 2 0 1 $300,000 $270,000 268 989 $273 5 253 NE 2 ST # 2804 1 1 0 1 $287,000 $270,000 1159 802 $337 6 244 BISCAYNE BL # 2207 1 1 0 1 $318,900 $285,000 254 806 $354 7 244 BISCAYNE BL # 1207 1 1 0 1 $315,000 $289,000 409 806 $359 8 253 NE 2 ST # 3605 0 1 0 1 $310,000 $300,000 336 632 $475 9 244 BISCAYNE BL # 2906 1 1 0 1 $309,000 $300,000 87 806 $372 10 244 BISCAYNE BL # 2505 1 1 0 1 $329,000 $310,000 56 806 $385 11 253 NE 2nd ST # 4304 2 2 0 1 $393,900 $370,000 69 1,293 $286 BR BA Ft2 LIST PRICE LP$/Ft2 SALE PRICE SP$/Ft2 SP$/LP$ DAYS ON MKT HIGH 2 2 806 $393,900 $491 $370,000 $475 93.9% 1,159 LOW 0 1 506 $194,900 $256 $190,000 $235 97.5% 56 AVERAGE 710.4 $297,882 $370 $278,091 $346 93.4% 290.64 MEDIAN 802 $309,000 $385 $285,000 $359 92.2% 254 PAGE 2 - VIZCAYNE MARKET REPORT - JANUARY 2017 SOLD DURING LAST 12 MONTHS / VENDIDAS EN LOS ULTIMOS 12 MESES # ADDRESS #BR #BA #HBA #GAR LISTPRICE SALEPRICE DAYSMKT LA Ft2 SP$/Ft2 1 253 NE 2 ST # 315 0 1 0 1 $195,000 $180,000 113 491 $367 2 253 NE 2 ST # 317 0 1 0 1 $194,900 $190,000 317 506 $375 3 244 BISCAYNE BL # 346 0 1 0 1 $220,000 $200,000 275 501 $399 4 244 BISCAYNE BL # 248 1 1 0 1 $230,000 $204,000 208 501 $407 5 244 BISCAYNE BL # 344 1 1 0 1 $235,000 $204,000 206 501 $407 6 253 NE 2 St # 416 1 1 1 1 $240,000 $220,000 71 938 $235 7 244 Biscayne Blvd # 444 1 1 0 1 $239,000 $236,500 53 978 $242 8 244 BISCAYNE BL # 3605 0 1 0 1 $279,000 $255,000 171 708 $360 9 244 Biscayne Blvd # 502 1 2 0 1 $300,000 $270,000 268 989 $273 10 253 NE 2 ST # 2804 1 1 0 1 $287,000 $270,000 1,159 802 $337 11 253 NE 2 ST # 906 1 1 0 1 $289,000 $275,000 227 806 $341 12 253 NE 2 ST # 3706 1 1 0 1 $299,000 $280,000 299 806 $347 13 244 BISCAYNE BL # 2207 1 1 0 1 $318,900 $285,000 254 806 $354 14 253 NE 2nd St # 3005 0 1 0 1 $284,500 $285,000 126 632 $451 15 244 BISCAYNE BL # 1207 1 1 0 1 $315,000 $289,000 409 806 $359 16 253 NE 2 ST # 3605 0 1 0 1 $310,000 $300,000 336 632 $475 17 244 BISCAYNE BL # 2906 1 1 0 1 $309,000 $300,000 87 806 $372 18 244 BISCAYNE BL # 2505 1 1 0 1 $329,000 $310,000 56 806 $385 19 253 NE 2nd ST # 4304 2 2 0 1 $393,900 $370,000 69 1,293 $286 20 244 BISCAYNE BL # 1209 2 2 0 1 $435,000 $420,000 94 1,115 $377 21 253 NE 2 ST # 1709 2 2 0 1 $445,000 $440,000 199 1,058 $416 BR BA Ft2 LIST PRICE LP$/Ft2 SALE PRICE SP$/Ft2 SP$/LP$ DAYS ON MKT HIGH 2 2 1,058 $445,000 $491 $440,000 $475 98.9% 1,159 LOW 0 1 491 $194,900 $244 $180,000 $235 92.4% 53 AVERAGE 684.67 $292,771 $384 $275,405 $360 94.1% 237.95 MEDIAN 717 $289,000 $391 $275,000 $367 95.2% 206 PAGE 3 - VIZCAYNE MARKET REPORT - JANUARY 2017 CURRENT UNITS FOR RENT / ACTUALMENTE PARA LA RENTA UNIT TYPE # OF UNITS LOW HIGH AVERAGE FOR RENT PRICE PRICE PRICE Studio Unfurnished 12 $1,500 $2,050 $1,644 Studio Furnished 5 $1,800 $2,300 $1,990 1 Bdrm Unfurnished 19 $1,800 $2,400 $2,041 1 Bdrm Furnished 9 $1,950 $2,500 $2,260 2 Bdrm Unfurnished 26 $2,150 $3,600 $2,755 2 Bdrm Furnished 25 $2,490 $5,500 $3,392 3 Bdrm Unfurnished 3 $4,500 $5,000 $4,800 3 Bdrm Furnished 3 $4,000 $10,000 $6,833 4 Bdrm Unfurnished 0 $0 $0 $0 4 Bdrm Furnished 0 $0 $0 $0 Total Unfurnished 60 $1,500 $5,000 Total Furnished 42 $1,800 $10,000 Total Units 102 $1,500 $10,000 RENTED UNITS DURING LAST 3 MONTHS / UNIDADES RENTADAS EN LOS ULTIMOS 3 MESES UNIT TYPE # OF UNITS AVG. AVG. AVG. AVG. FOR RENT LISTING $ RENTED $ RENT$/LIST$ DAYS ON MKT Studio Unfurnished 3 $1,510 $1,467 97.2% 54 Studio Furnished 2 $1,800 $1,775 98.6% 107 1 Bdrm Unfurnished 17 $1,961 $1,897 96.7% 53 1 Bdrm Furnished 6 $2,057 $2,025 98.4% 54 2 Bdrm Unfurnished 19 $2,564 $2,476 96.6% 70 2 Bdrm Furnished 2 $3,025 $2,850 94.2% 94 3 Bdrm Unfurnished 0 $0 $0 0 0 3 Bdrm Furnished 1 $3,500 $3,300 94.3% 313 4 Bdrm Unfurnished 0 0 0 0 0 4 Bdrm Furnished 0 0 0 0 0 Total Unfurnished 39 Total Furnished 11 Total Units 50 FOR FURTHER INQUIRIES OR TO REQUEST ADDITIONAL STATISTICS PLEASE DO NOT HESITATE TO CONTACT ME AT 786-327-8874 OR [email protected] PAGE 4 - VIZCAYNE MARKET REPORT - JANUARY 2017 MY MAIN GOAL IS TO BRING YOU RESULTS MY RECENTLY CLOSED TRANSACTIONS UNDER UNDER CONTRACT CONTRACT MINT | PH5204 MINT | UNIT 4008 3 BR + DEN | 3.5 BA | 2,289 Ft2 | ASKING $1,400,000 1 BR | 1.5 BA | 754 Ft2 | ASKING $340,000 SOLD RENTED RECORD PRICE IN THE COMMUNITY IN 6 DAYS! 16606 NW 72 PLACE - MIAMI LAKES, FL VIZCAYNE NORTH | UNIT 345N 3 BR | 2.5 BA | 1,540 Ft2 | SOLD FOR $285,000 STUDIO | 1 BA | 501 Ft2 | RENTED FOR $1,590 RENTED RENTED AT FULL ASKING PRICE IN 53 DAYS! VIZCAYNE SOUTH | UNIT 309S VIZCAYNE SOUTH | UNIT 3707 1 BR + DEN | 2 BA | 1,040 Ft2 | RENTED FOR $2,400 STUDIO | 1 BA | 632 Ft2 | RENTED FOR $1,750 RENTED RENTED IN 20 DAYS! IN 45 DAYS! VIZCAYNE SOUTH | UNIT 430 MINT | UNIT 3502 1 BR | 1.5 BA | 865 Ft2 | RENTED FOR $1,975 2 BR | 2 BA | 1,110 Ft2 | RENTED FOR $2,500 PAGE 5 - VIZCAYNE MARKET REPORT - JANUARY 2017 RENTED RENTED REPRESENTED IN 4 DAYS! THE TENANT WIND | UNIT 2510 1800 CLUB | UNIT 2309 1 BR | 1 BA | 740 Ft2 | RENTED FOR $1,750 2 BR | 2 BA | 1,386 Ft2 | RENTED FOR $3,100 RENTED RENTED REPRESENTED IN 29 DAYS! THE TENANT QUANTUM | UNIT 2402 AXIS | UNIT 2210 2 BR | 2.5 BA | 1,400 Ft2 | RENTED FOR $3,000 2 BR | 2 BA | 1,100 Ft2 | RENTED FOR $2,390 RENTED RENTED REPRESENTED REPRESENTED THE TENANT THE TENANT TURNBERRY VILLAGE | UNIT 1002 COURTS AT BRICKELL KEY | UNIT 1705 3 BR | 3 BA | 2,130 Ft2 | RENTED FOR $3,300 1 BR | 1 BA | 878 Ft2 | RENTED FOR $2,000 HIGHEST RENTED RENTED PRICE FOR A 1BR IN 42 DAYS! IN THE BUILDING IN THE LAST 120 DAYS IVY | UNIT 2106 MINT | UNIT 4008 1 BR | 1 BA | 747 Ft2 | RENTED FOR $1,890 1 BR | 1.5 BA | 754 Ft2 | FURNISHED | RENTED FOR $2,450 RENTED JUST IN 27 DAYS! LISTED WIND | UNIT 2714 MINT | UNIT #3502 2 BR | 2 BA | 935 Ft2 | RENTED FOR $2,350 2 BR | 2 BA | 1,110 FT2 | RELISTED FOR RENT $2,690 PAGE 6 - VIZCAYNE MARKET REPORT - JANUARY 2017 MY EXCLUSIVE LISTINGS FOR SALE & RENT GREAT 2 BEDROOM FULLY FURNISHED FANTASTIC INVESTMENT OPPORTUNITY WITH UPGRADED WOOD FLOORS FULLY FURNISHED TURN-KEY JEWEL.
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