Artech, a state-of-the-art new development in Aventura whose architecture resembles the shape of a luxury cruise ship, is following the $ 200-per-square-foot building sales trend that began with Brickell developments like Brickell on the River. , Mynt, 500 Brickell, Ivy, etc. whose prices were also slashed to sell out almost overnight.
In today’s fast-changing Miami market, when banks take control of prices for a particular development (let’s call it developer short sales), they slash prices. When prices reach levels around $ 200 per square foot, the entire building sells like magic.
The sale of these buildings in Miami is so fast, that if you enter a sales center it looks more like a Publix supermarket. The sure sign that buyers are flocking to your offices is when sellers are no longer answering phones or not returning messages. Developer sales teams who went hungry for three years are now seizing the opportunity to finally have buyers scramble for the opportunity to purchase units below construction costs and have kept their offices open until close to midnight in many cases.
The next buildings that we think will follow the trend have to be Infinity in Brickell and Everglades on the Bay. These two new developments have already UNOFFICIALLY reached the “magic number” levels of $ 200 per square foot. Be one of the first buyers to benefit from this once-in-a-lifetime opportunity by calling me to reserve your new Miami apartment at the lowest price.