Opportunities exist in any market at any time. South Florida's real estate market is no exception.
The challenge for consumers and professionals in our field is identifying them promptly (or at least before someone else does). Today, in the wake of lower interest rates, uncertainty in markets beyond real estate, and renewed interest in what real estate is beyond homeownership, I felt like sharing these options. The list is in no particular order and is not limited by budget or geography. I'll also explain why each property is in this post.
Select Condos For Sale Under $300,000 in Miami-Dade & Broward County
Although South Florida property values have increased over the past few years, it is still possible to find a $190,000 condo in Pompano Beach or a $260,000 condo in Fort Lauderdale that can both be rented right away. Both are in communities where our team have sold units in the past and are located in well managed communities with reasonably priced maintenance fees. Both of these particular units were 1BD/1BA layouts. There are other units available, including 2BD layouts as of the time this article was written.
WHY: These prices are as affordable as it gets in today's South Florida market and the amount these units rent for are surprisingly good. I'm an advocate of both communities and would recommend them to any buyer working with us that is looking for new properties to buy and rent out.
(Some) Recently Built Developments
Many of the projects that were completed and delivered over the past five years have greatly appreciated in value (one good example are the penthouses we sold at Brickell Flatiron). In One Thousand Museum, which was completed in 2019, prices as of late are closer to the pricing I saw during its completion.
The most recent sale, as of April 5th, 2025, was a half floor unit that closed for $5,800,000 (about $1,260/SF) in 01/16 of this year. Neither a foreclosure nor a distressed sale, this is the first time since 2021 that a property sold in the late Zaha Hadid's designed project for under $6M. There's at least one other property currently under contract for under $6M that is yet to close and at least two full floor penthouses currently on the market, including one owned by an entity managed by Citadel's founder, Ken Griffin.
WHY: Despite new competitors in the area and new developments on the horizon, One Thousand Museum is still one of Miami's most architecturally significant, and most luxurious developments. With nine other properties currently on the market, now is a really good opportunity to find a unit in the renowned development at pricing I haven't seen in over 36 months.
The Residences At Mandarin Oriental, Miami
Developed by Swire Properties and situated on a five acre lot in Brickell Key, The Residences at Mandarin Oriental, Miami is currently my favorite new development in Miami. Despite being 54% sold as of the date of this publication, pricing has not greatly changed since the project's launch and it remains one of the best long term opportunities in our market. We have written about this project before for a reason, there is simply nothing comparable to it in our market when it comes to the location, views, and services that come as a part of this landmark development.
To better explain the layouts, pricing, and construction schedule, Is is better for any interested buyer to please reach out to us directly for a presentation.
WHY: This is a future Miami landmark, the last available lot on Brickell Key, and destined to be Mandarin Oriental's North American flagship. For anyone looking for nothing but the best and patient enough to wait for it, this exceptional project is the one.
Certain Condos in Certain Buildings in Edgewater
Not every building in Edgewater is worth looking into, but the ones that are that are have some really good, well priced inventory available. As of late, the ones that have stood out the most are a handful of units that just hit the market at Elysee, one spacious three bedroom available at 1800 Club, and two very well priced units at Cite for those starting their real estate journey.
As a neighborhood, the entire area has transformed into a very vibrant community that relishes in being a more laid back alternative to its neighbors further south. If you're a buyer open to other opportunities in Downtown Miami beyond Brickell, I would start my search here.
WHY: The best priced, best value proposition in Downtown Miami. You will find better options (more bang for your buck) across all price points when compared to other parts of Downtown Miami.
Thank you for reading our latest post! For more information regarding this property or other Miami real estate, please contact us today! We can be reached at 305.674.4127 or via e-mail at [email protected]
