Are there any real opportunities to buy luxury condos in Aventura or Sunny Isles at discounted prices?

For Aventura  andSunny Isles Beach -  between $1,000,000 and $1,500,0000 – there are 173 condos for sale, 7 pending sale and 17 condos were sold in the past 90 days.

 The Average date in the market for these condos were 208 days.

The List / Sale Price Ratio  indicates that Sellers are reducing their asking price between 8% to 15% of their asking price on average

The Market Action Index indicates that this remains a strong Buyer’s Market with great opportunities to choose from.

Again this week, in Sunny Isles and Aventura we have seen a downward notch for prices. Pricing has been weak for the past weeks. Demand level are relatively to the high inventory.

Among the Available Condos for Sale in this price range I can list:

6000 Williams Island Blvd. –  BellaMare , at Williams Island : A gorgeous 3 Bedroom 3 Bath condo with 2840 Square Feet in great condition. Appointments include: Extensively designed marble floors, upgraded bathrooms.

 Ocean I – 19333 Collins Ave. – Sunny Isles Beach, Fl 33160  - Rarely available 3Bedroom.3.5Baths condo for sale at Ocean One. Unobstructed ocean, Intracoastal and City views! Unit includes parquet floors, spacious kitchen with granite countertops.

16047 Collins Av., Sunny Isles, Fl – Turnberry Ocean Colony - Developer Residence, luxury waterfront living at its best. Amazing views, unbeatable taste.

JUST SOLD: 3301 NE 183 ST, Aventura, Fl 33160 – The Peninsula, Sunny Isles, Fl 33160 -  Asking Price: $1,498,400. Sold for $1,250,000.

6,000 SF. 5 Bedrooms and staff quarters, 7 bathrooms. A unique double penthouse at Peninsula One. Sold in just 7 days.

21200 Point Pl., Atlantic I at the Point, Aventura, Fl 33180  - Luxurious and spacious unit with floor-to-ceiling windows and panoramic views of Intracoastal, Waterway, Ocean, Golden Beach homes. Corner wrap unit facing East and NE. Marble Flooring throughout and bedrooms in high quality hardwood. All closets are customized in wood.