Sunny Isles Beach has recently been ranked among 10 top travel destinations . The ultimate location between Intracoastal waterway and Atlantic ocean with white sand beaches and its fabulous warm weather makes it a perfect home for people from all over the world. The convenient proximity of Sunny Isles Beach to major highways ,both Miami International and Fort Lauderdale airports ,15 minutes away from the center of entertainment- South Beach and fabulous shopping of Aventura Mall and Bal Harbour shops makes” href=”http://www.sibfl.net/” target=”_blank”>Sunny Isles Beach the spectacular unique location surrounded by the water .Its been one of the safest neighborhoods of Miami and preferred destinations for people who choose luxury oceanfront gateway without craziness of South Beach.
For the past decade Sunny Isles Real Estate has been rapidly growing with upscale oceanfront high rise condominiums unique by its design and architecture .There are a least 5 luxury high rise condominiums to be built by 2016.Among them is infamous world renown Mansions of Acqualina, Regalia, Porsche Design Tower ,Château Residences at Sunny Isles ,Jade Signature. More and more Sunny Isles Beach becomes an ultimate spot for affluent people from all over the world .
As we have mentioned before ,the ocean side of Sunny Isles Is being built out with residential luxury condo buildings and condo-hotels .On the Intracoastal side of the city you can find Sunny Isles real estate at more affordable prices , without compromising fabulous water views both to the ocean and Intracoastal .Such condominiums as Winston Towers for example have the lowest maintenance in the whole city of Sunny Isles Beach, Ocean view and Ocean reserve are also very popular among investors since they have minimal rental restrictions.
Sunny Isles Beach is also known as “Little Moscow “ due to its large Russian population . You can find anything from Russian grocery shops and pharmacies to restaurants with great entertainment you haven’t experienced before.Investing in Sunny Isles Real Estate has been always profitable and in demand.
Sunny Isles Beach is one of the most beautiful cities in Miami, surrounded by Intracoastal waterways and Atlantic ocean, the views from almost any piece of real estate are breathtaking. Green and quiet ,it has numerous parks and children playgrounds where families can spend their time outdoors. Stunning white sand beaches are always full of tourists and beach lovers .
Sunny Isles Real Estate today is experiencing a boom. Its an emerging epicenter of South Florida most expensive condominiums that will be built by 2016. Developers has been having quite a great success with at least 5 new residential projects on Sunny Isles Beach.The potential for increase in the number of new condo projects in Sunny Isles Real Estate market does not stop there.Another 4 condo sites has been purchased by developers ,the sites that has previously been approved for residential towers with more than 580 units .
If all goes as planned, Sunny Isles Real Estate could see its total number of condos increase by more than 1,200 units.In comparison, developers created over 25 condo towers on Sunny Isles adding over 6,000 units to Sunny Isles real estate inventory during the latest boom in South Florida that began in 2003.
Sunny Isles real estate resale numbers of price per sq ft has been increasing gradually as well .For many Sunny Isles real estate owners ,leasing their condos on a yearly basis or for a portion of the year has been has been an effective way to manage an overall annual cost of the residences.The rental rates for Sunny Isles real estate has been on the rise with the median monthly price of about $1.50- $1.55 per square foot .
Given the amount of activity ,Sunny Isles real estate is a sure focal point for buyers,sellers,investors,developers and lenders who are trying to gauge South Florida newest condo boom.