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Brickell Condos for Sale

Brickell is the financial hub of the popular Miami Metropolitan area, and due to the second largest concentration of international banking centers in the United States, Brickell is commonly referred to as the “Manhattan of the South”.

Young professionals and new families often choose the Brickell area of Miami as their residential district of choice, due to the fact that many Miami area residents are employed somewhere in or around the Brickell area.

Brickell has become more self-sufficient in recent years with a growing number of restaurants, bars, and other entertainment options. Brickell is designed to function around this core area with the center being a focal point for shopping at high-end retail locations, nightlife, and many other “big-city” amenities.

The Miami area as a whole remains a popular destination for people looking to relocate to the South Florida area. Offering the gorgeous weather we expect from the locale, as well as numerous entertainment options, and an abundance of South Beach Miami condos for sale it is easy to see why this part of the country is becoming more and more popular.

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Miami Rental Condos

The Brickell area may not carry the clout and trendiness of South Beach, but in a lot of ways, this is the way that the residents of this neighborhood would prefer things. It can be a littler sleepier than what you’d expect for a downtown area, but there is actually a vibrant culture and restaurant scene in the ever-growing locale.

There are numerous condos in South Beach for sale, but depending on what you’re looking to get out of your new place of residence, the famous neighborhood of Miami might not be right for you. We recommend checking out the Brickell area as it is a growing, up-and-coming neighborhood of Miami, still boasting many similar amenities to the popular locale.

While there are many desirable properties and condos for sale on Miami Beach, the Brickell area’s new and rapid growth means that several of the buildings there is new and feature state of the art luxuries. Brickell condominiums offer the best of both worlds, urban style city living, and the most beautiful Biscayne Bay views that many of us only ever see on television, and in the movies.

The value of Brickell condominiums has seen a massive uptick in the last 5 years. This is good news as this was one of the target areas that was hit hard by the real estate crash of 2007-2008. Condominiums in the area experienced a bit of a rough period, but somewhere around 2012 the market starting to show some rebound, and many investors began devoting their finances into Brickell area real estate once again.

Condominiums in the Brickell area began to start selling. Then they sold quicker, and quicker, and quicker. The area became more and more of a hot commodity for a variety of different investors, so much so that many of the properties were selling at over market value, something that was uncommon for the post-crash time. Brickell area real estate became so popular, that developers were announcing new projects for what seemed like every single week.

A downside of this miniature boom, however, was that when things started to slow mildly for the market in the Brickell region, sellers were still trying to cash in on their condos for the previously above market sky-high values. This misunderstanding of value, the fact that developers were still delivering on previously requested projects, and that much of the Brickell market at that time was comprised of investors as opposed to primary homeowners led to an inevitable boom in Brickell’s condominium inventory.

This all sounds bad, and in some ways it is, but for someone looking to buy a luxury condominium within the area, it couldn’t possibly be better news. With an influx of condominium inventory, this means cheaper prices for you, the buyer. It’s never been easier to find an owner or investor looking to get out from the property that they once thought was going to be a quick way to get them rich. The market in Brickell has not had a bubble and certainly, hasn’t crashed. It’s just a little stagnant right now, and for someone looking to make their permanent residence in the area, there couldn’t be better news short of getting the property for free.

In any case, if you’re looking to move to the Brickell area, or anywhere in Miami, it is a big help enlisting the aid of a professional who can guide and educate you in each and every step of the process, and to help you select a unit that will hold its true value.

Contact Steven Vargas a Real Estate Agent You Can Trust

Whether buying or selling a Brickell area property, you should definitely be aware that these properties are no longer going for above-market prices anymore. In order to sell one of their units that were likely purchased at the peak of the Brickell market, many sellers are forced to adjust and endure a loss.

If you’re a seller looking to get out of what you feel may have been bad timing, or a poor investment Steven Vargas can help find the right buyer for your luxury property in Brickell, and let you walk away from the hassle and ordeal it has been for you.

If you’re a buyer looking to relocate to the South Florida area, there is no better locale, and no better time and the Brickell area of Miami, and Steven Vargas can help you get a good deal on the luxury condo of your dreams.
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