At long last, I have the pleasure to announce there are seven residences on the market at the stunning Jade Signature. While presales have been very strong for this preconstruction development, there are a number of developer units that are selectively on the market for purchase and the estimated completion is early 2017. The developer has released these seven units in a number of configurations: two three bed four and one half bath residences, three four with five and one half bath residences, and two five with 7 and one half bath residence penthouses. The least expensive residence is priced at $3,973,000 with the most expensive residence at $13,010,000. The four bedroom developer residences are between $4.8 and $5.5 million. If you are looking for one of these Jade Signature Condominiums please contact Serge Kay today!

About Jade Signature:

Jade Signature is located in the heart of Sunny Isles Beach on the shores of the Atlantic Ocean. It is estimated for occupancy in early 2017 and offers building features that include doublt height lobby, 24 hour concierge and valet, hbigh speed in building and residences, breakgast lounge, with event spaces and meditation gardens, business center, 2 pools at beach level, private beach club, childrens discovery center, below ground parking, private restaurant, and teen lounge. Residence features include state of the art appliance packages floor to ceiling glass windows, five floorplan choices and expansive terraces and outdoor living areas.

For more information on this preconstruction and other preconstruction properties in Sunny Isle Beach contact Serge Kay today.

Last month, NAR reported that home sales were at a high not witnessed since the downturn. From the increase in home sales, the continued demand from buyers, and national reduced inventory, there is no time like this July to sell your home. Consistently the inventory has been a driving factor in homes undergoing bidding wars, so if you are looking to sell your home fast, there could not be a better time. Miami in particular has so few homes on the market, if you have a home in Miami, Coral Gables, Coconut Grove, or Pinecrest, you should consider the three below reasons to sell. Contact me today for a market analysis.

1. Demand: Not only is there continued sustained demand for homes, the buyers are in a number of different demographics. From First time buyers taking advantage of low mortgage rates, to boomarang buyers coming back from foreclosure, to traditional owner occupants, and of course international buyers, the Miami market is flooded with buyers. Demand at this level necessitates inventory.

2. Price: Single family homes and condos have undergone massive increases in value the past two years and often are 13% over purchase price. It is some of the largest gains since 2007. Further, homes are getting ask price or inspiring bidding wars, so homes are selling in record time for record prices.

3: Competition: Inventory is incredibly tight and buyers are competing for the supply. There are fewer properties in distress, which translates into homes fetching their actual value. Unlike years prior, in which distressed homes would bring down the value of neighboring properties, the market is more healthy.