Sunny Isles Condos appreciated 25% last year. The exciting news is learning about who is investing in Sunny Isles real estate.
Sunny Isles beach is 2.5 mile-long fine sand beach offering luxury oceanfront living boating, fishing and tennis, abundant shopping, dining and entertainment options. Combine that with highly rated school district.
Oceania, Trump Royale, Trump Grande, Trump Towers…just a few of the new ocean front luxury condos that offer the beautiful south Florida life style. It’s the City of Sun and Sea (being called the new American Rivera), located on a barrier island in Miami-Dade County, bounded by the Atlantic Ocean on the east, the Intracoastal Waterway on the west.
The Leading Players
Few weeks ago, Donald Trump was in Sunny Isles Beach celebrating his recent project “Trump Towers”. By 2008, three oceanfront Trump Towers will be ready for occupancy. They are offered now at Preconstruction prices from the 800’s. The first 2 towers sold in record times and only few units remain in the 3rd tower.
Trump joined forces with large developers in the area to build the towers. This major financial commitment by Trump and partners is a vote of confidence in the future of Sunny Isles beach real estate and the Condo market. Trump is also involved in other luxury projects in South Florida.
Buyers of Sunny Isles beach real estate have been rewarded with high returns on their investment.
5 tips when buying a condo to protect your investment:
– Buy from reputable developers to ensure quality and avoid costly mistakes
– Ensure your view is protected (research future projects)
– research local market prices for comparable projects
– If you plan on renting your condo, research occupancy rate and rental policy to ensure that there is no waiting period to rent your unit
– If you are not local, find a management company or consider Condo-Hotels where major operators can manage your condo and share the profit. There is condo-hotel preconstruction in Sunny Isles Beach that is presenting a good value and return on investment.
Sunny Isles is being transformed in many aspects. It’s in preparation for future residents of Trump Towers and similar class of luxury condos.
It’s historical time and great area to own value real estate to enjoy and profit.