It’s sure to be a Happy New Year for the buyers of the gorgeous, unit 4007 at Biscayne Beach! This stunning, 3-bedroom, southeast corner residence sold tastefully finished at $1.4M, or $666 per square foot. According to the MLS, the only other 07 line resale to have closed in the building so far is unit 2307, which sold decorator ready (i.e. no floors, window treatments, light fixtures, or molding) at $1.255M, or $597 per square foot. Considering that 4007 is 17 floors higher and finished with beautiful flooring, I’d say this is quite a deal for the buyers. The stunning view from the 40th floor really opens up, as it clears many buildings to the South, including Bay House and The Crimson. As of the writing of this post, units 1907, 3007, and 3407 are all under listed as pending sale on the MLS, so it will be interesting to see at what prices they each sell. Units 907, 1607, 3207, 3807, and 3907 remain available for sale, with asking prices ranging from $1.299M to $1.78M.
Here are just a few photos of 4007 from the MLS listing:
Season’s greetings! Following Art Basel, the unofficial start of Miami’s busiest season for real estate, we are pleased to report the second closed condo resale at Biscayne Beach. Unit #2009 (a 1-bedroom, 2-bath, corner residence with 1,057 sq ft of interior) sold decorator ready for $504,000. According to the MLS, it closed on December 5th, 2017. The original asking price of the property first listed on June 28th was $595,000 (or $563 per square foot). It closed at approximately 15% below the original asking price, or $477 per square foot. Unit #2307, a 3 bedroom corner unit and the only other resale that’s closed to date, did so at $597 per square foot, which is quite a bit higher considering the larger floorplan and the proximity of floors.
Interestingly enough, there are currently 2 more units listed as pending, both of which are the 1-bedroom 09 floorplan: 1009 (asking $599,000 with flooring, 2 assigned parking spaces, and motorized shades) and #3509 (also asking $599,0000, with porcelain flooring). Below is a link to the 09 condo floorplan. It will be very interesting to see at what prices these units sell. They each went pending in early November. Stay tuned for more building real estate updates, and have a wonderful holiday!
Biscayne Beach 09 line floor plan 1B