Key Biscayne Real Estate and Miami Premier Properties | Key Biscayne Condo and Miami Florida Real Estate Site » The Ocean Club Key Biscayne http://jillolcott.com Key Biscayne and Miami Real Estate Wed, 04 Aug 2010 15:14:15 +0000 en hourly 1 http://wordpress.org/?v=3.0 Key Biscayne Real Estate Trends http://jillolcott.com/2010/04/27/key-biscayne-real-estate-trends http://jillolcott.com/2010/04/27/key-biscayne-real-estate-trends#comments Tue, 27 Apr 2010 20:11:55 +0000 jill http://jillolcott.com/?p=52

]]> http://jillolcott.com/2010/04/27/key-biscayne-real-estate-trends/feed/ 0 Most Expensive Key Biscayne Condo to Close in the Past 6 Months? http://jillolcott.com/2010/03/04/most-expensive-key-biscayne-condo-to-close-in-the-past-6-months http://jillolcott.com/2010/03/04/most-expensive-key-biscayne-condo-to-close-in-the-past-6-months#comments Thu, 04 Mar 2010 21:01:31 +0000 jill http://jillolcott.com/?p=35 The most expensive Key Biscayne condo to close in the past 6 months was at The Ocean Club.  Ocean Tower 1 Unit 901 closed on 12.15.2009 for $5,575,000.00, or $1,032 per square foot.  This 5,400 square foot, 4 bedroom, 5 bathrooms and 1 half located directly on the ocean.

There are currently 5 properties for sale at The Ocean Club that contain OVER 5,000 square feet.  The ASKING prices  for these units range from $5,500,000 to $6,290,000 with a range of 5,011 – 5,403 square feet.   The least amount of time these properties have been on the market is 225 days.  I look forward to seeing what these properties eventually sell for.  If we base it on the 1,032 per square foot price of Ocean Tower 1 901, that takes us well below these asking prices.

If we take a look at the statistics on the 84 properties that have closed on Key Biscayne going back 6 months, we find the AVERAGE selling price per square foot to be $457.00.  If we take a look at the condos sold ONLY in the 5 Ocean Club Towers going back 6 months, the averge selling price per square foot is $726.00, with a high of 1032 sq.ft and a low of 531 sq. ft.  Please click here to view these Ocean Club properties.

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