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Things to Look for in a Luxury Condo in Miami

by | Nov 12, 2020

Are you dreaming about the Florida sun? Would you like to be close to the ocean? Does your new job opportunity require moving to Miami? 

Whatever your reason, buying a luxury condo in Miami can be a smart investment. I used my experience to share some insights on things to look for in this city’s market. Make sure to read the tips before purchasing your next property!

What Is the Ideal Location for a Luxury Condo?

That depends on your preference and the lifestyle type you want. For example, you might be looking for a vacation home. If that is true, you can’t find a better destination than Miami Beach. On the other hand, perhaps you want a quiet neighborhood for a family. That indicates you should focus on areas with little traffic, but also neighborhoods with colleges and schools.

Here are some tips when considering the perfect place to buy a luxury condo in Miami:

  • What do you need close to your home? – would you like to keep your workplace close or prefer plenty of shopping options? Do you have children and want a place close to their school?

  • Do you want peace? – in Miami, you have neighborhoods where something is happening around the clock. There are also peaceful areas, which might be better for families. The choice is up to you.

  • Access to grocery and other stores – do you prefer car or public transportation? Do you prefer walking to a grocery store, which is why you need it nearby? What shopping centers, theaters, and other entertainment options are in your neighborhood?

  • The view from your condo – if you are buying Bal Harbour luxury Miami condos property, always consider the view. Miami Beach gives you a chance to see the ocean, but you can also enjoy city lights, parks, or skyline views. It all depends on your preference.

Finally, it is foolish not to consider your budget. You can consider multiple areas when buying a Miami condo, but make sure the properties there fit the money you can invest at this moment.

What Amenities Should Your Condo Have?

 

Here are some things that I believe are most important for your convenience and enjoyment:

  • Parking – if you have a vehicle, you should always have a place to park close to your condo.
  • Balcony – a balcony is a perfect place to enjoy the beautiful view of the city.
  • Swimming pool – the warm weather is great for taking a swim on your balcony or in the backyard.
  • Windows and doors resistant to hurricanes – hurricanes can be a true danger in Miami, which is why you want to place high-quality and solid windows and doors. It helps if the condo already has them so that you don’t have to invest in new items yourself. 

The risk of injuries caused by falls can be significantly decreased by handrails. If your condo and the entire building has handrails with proper grip, you can minimize the danger of falls, which is an important safety measure.  

What Expenses Can You Expect for Your Miami Condo?

Apart from the initial investment of purchasing a condo, you will probably invest in renovating the property. Perhaps you want a luxury vinyl plank or plan on installing new doors and windows. 

Once you calculate the total cost of redecorating, it is vital to consider the recurring expenses in the future. 

Those might include:

  • Condo association charges – these can be up to a dollar per square foot. 
  • Health check – older properties might require a recertification process, which often takes months. 
  • Property taxes – the state law indicates that the taxes are lower for long-term owners. Make sure to hire an expert to help you calculate estimated tax costs.

It takes time and effort to pick the perfect luxury condo in Miami. However, living in Florida is worth the effort. If you ask me, it is one of the most beautiful places in the world. That is why it is a smart investment for both moving into a new property or buying one to rent!

Visit Brickell luxury condo Miami here for more infos…

 

Skylar Ross is a contributor to the Innovative Materials blog. He is a content writer for the construction and home improvement industries with an interest in landscaping,

Tags

Pre-Construction Condo Projects in South Florida

42 PINE

340 West 42nd Street
Miami Beach
Starting in the $700's

501 First Residences Airbnb Condos

501 FIRST RESIDENCES

501 NE 1st Avenue
Downtown Miami
Sold Out!

600 Miami Worldcenter Condos

600 MIAMI WORLDCENTER

600 NE 1st Avenue
Downtown Miami
Starting in the $400's

729 EDGE

710 NE 29th Street
Edgewater
Prices not available yet

888 BRICKELL

888 Brickell Avenue
Brickell
Starting at $1.6 Million

2200 Brickell Avenue Miami Florida

2200 BRICKELL

2200 Brickell Avenue
Brickell
Starting at $1 Million

3000 WATERSIDE

3000 E. Oakland Park
Fort Lauderdale
Starting at $1 Million

7918 NORTH BAY

7918 West Drive
North Bay Village
Prices not available yet

ALANA BAY HARBOR

9901 W Bay Harbor Dr.
Bay Harbor Islands
Starting at $ Million

AMAN RESIDENCES

3425 Collins Avenue
Miami Beach
Prices not available yet

ARIA RESERVE

711 Northeast 23rd Terrace
Edgewater
Starting at $1.3 Million

ASTON MARTIN RESIDENCES

300 Biscayne Blvd. Way
Downtown Miami
Starting in the $800's

Avenue Coral Gables Airbnb Condos

THE AVENUE CORAL GABLES

351 San Lorenzo Avenue
Coral Gables
Starting at $728,000

BACCARAT RESIDENCES MIAMI

444 Brickell Avenue
Brickell
Starting at $1.7 Million

BENTLEY RESIDENCES

18401 Collins Avenue
Sunny Isles Beach
Starting at $4.2 Million

CASA BELLA BY B&B ITALIA

1444 Biscayne Blvd.
Arts District
Starting in the $700's

CASAMAR POMPANO BEACH

900 N. Ocean Blvd.
Pompano Beach
Starting at $1.5 Million

CIPRIANI RESIDENCES MIAMI

1420 S. Miami Avenue
Brickell
Starting at $1.55 Million

The Crosby Miami Condos Worldcenter

THE CROSBY MIAMI WORLDCENTER

601 N. Miami Avenue
Downtown Miami
Sold Out!

DIESEL WYNWOOD

121 NW 28th Street
Wynwood
Starting in the $500's

District 225 Condos Miami

DISTRICT 225

233 N. Miami Avenue
Downtown Miami
Sold Out!

E11even Miami Condos Airbnb

E11EVEN HOTEL & RESIDENCES

20 NE 11th Street
Downtown Miami
Sold Out!

E11EVEN RESIDENCES MIAMI BEYOND

20 NE 11th Street
Downtown Miami
Starting in the $900's

The Edge Miami Condos

THE EDGE

490 NE 29th Street
Edgewater
Prices not avaialable yet

Edition Residences Miami Edgewater

EDITION RESIDENCES EDGEWATER

2121 N. Bayshore Drive
Edgewater
Starting at $1.7 Million

Edition Residences Fort Lauderdale

EDITION RESIDENCES FORT LAUDERDALE

2121 N. Bayshore Drive
Fort Lauderdale
Starting at $3 Million

FIVE PARK SOUTH BEACH

500 Alton Road
South Beach
Starting at $3 Million

LA BAIA BAY HARBOR

9201 E. Bay Harbor Dr.
Bay Harbor Islands
Starting at $1.3 Million

Legacy Residences Miami Condos

LEGACY RESIDENCES

942 NE 1st Avenue
Downtown Miami
Sold Out!

Lofty Brickell Miami Condos

LOFTY BRICKELL CONDOS

99 SW 7th Street
Brickell
Starting in the $800's

MISSONI BAIA

777 NE 26th Terrace
Edgewater
Starting at $995,000

MR. C RESIDENCES

2655 S Bayshore Drive
Coconut Grove
Starting in the $700's

MR. C TIGERTAIL

2678 S Bayshore Drive
Coconut Grove
Starting in the $800's

Natiivo Miami Airbnb Condos

NATIIVO MIAMI

159 NE 6th Street
Downtown Miami
Sold out!

Nexo Residences Miami

NEXO RESIDENCES

13899 Biscayne Blvd.
North Miami Beach
Starting in the $400's

NOMAD RESIDENCES WYNWOOD

2700 NW 2nd Avenue
Wynwood
Starting in the $600's

OASIS HALLANDALE

1110 E. Hallandale Beach
Hallandale Beach
Starting in the $700's

OCEAN PARK

304 Ocean Drive
South Beach
Sold out!

Okan Residences Miami Condos

OKAN TOWER

555 North Miami Avenue
Downtown Miami
Starting at $670,000

ONDA RESIDENCES

1135 103rd Street
Bay Harbor Islands
Starting at $2.4 Million

ONE PARK TOWER BY TURNBERRY

2411 Laguna Circle
North Miami
Starting in the $700's

ONE RIVER POINT

24 SW 4th Street
Miami River
Starting in the $800's

Origin Residences Bay Harbor Islands

ORIGIN RESIDENCES

9760 W. Bay Harbor Drive
Bay Harbor Islands
Starting at $1.2 Million

ORA by Casa Tua Miami Brickell Condos

ORA BY CASA TUA

1210 Brickell Avenue
Brickell
Starting at $800,000

THE PERIGON

5333 Collins Avenue
Miami Beach
Starting at $4 Million

PIER 66 RESIDENCES

2301 SE 17th Street
Fort Lauderdale
Starting at $3.6 Million

Residences at 1428 Brickell Miami

THE RESIDENCES AT 1428 BRICKELL

1428 Brickell Avenue
Brickell
Starting at $2 Million

RESIDENCES IN THE GROVE

2855 Tigertail Avenue
Coconut Grove
Prices not available yet

The Residences at Shell Bay Hallandale Beach

THE RESIDENCES AT SHELL BAY

Diplomat Parkway
Hallandale Beach
Starting at $2.5 Million

RITZ CARLTON RESIDENCES POMPANO BEACH

1380 S. Ocean Blvd.
Pompano Beach
Starting at $795k

Rivage Bal Habour Condos

RIVAGE BAL HARBOUR

10245 Collins Avenue
Bal Harbour
Starting at $7 Million

ROSEWOOD RESIDENCES MIAMI BEACH

1775 Collins Avenue
South Beach
Prices not available yet

SHOMA BAY

1850 79th Street
North Bay Village
Starting in the $400's

SHORE CLUB PRIVATE COLLECTION

1901 Collins Avenue
South Beach
Starting at $6 Million

SIX FISHER ISLAND

6 Fisher Island Drive
Fisher Island
Starting at $19 Million

Sixth and Rio Fort Lauderdale

SIXTH AND RIO

501 SE 6thAvenue
Fort Lauderdale
Starting in the $900's

Smart Brickell Airbnb Condos Miami

SMART BRICKELL

229 SW 9th Street
Brickell
Starting in the $400's

SOLEMAR POMPANO BEACH

1116 N. Ocean Blvd.
Pompano Beach
Starting at $1.3 Million

THE STANDARD RESIDENCES MIAMI

3100 NE 1st Avenue
Midtown Miami
Starting in the $400's

ST. REGIS RESIDENCES MIAMI

1809 Brickell Avenue
Brickell
Starting at $2.8 Million

ST. REGIS RESIDENCES SUNNY ISLES

18801 Collins Avenue
Sunny Isles Beach
Starting at $4.3 Million

Surfrow Residences Surfside Florida

SURF ROW RESIDENCES

8800 Collins Avenue
Surfside
Starting at $5.9 Million

Tal Aventura Florida Condos

TAL AVENTURA

2785 NE 183rd Street
Aventura
Starting at $1.425 Million

UNA RESIDENCES

175 SE 25th Road
Brickell
Starting at $2.7 Million

Urbin Coconut Grove Condos For Sale

URBIN COCONUT GROVE

3162 Commodore Plaza
Coconut Grove
Starting at $750,000

Urbin Miami Beach Condos

URBIN MIAMI BEACH

1260 Washington Avenue
South Beach
Sold Out!

Vida Residences Miami Condos

VIDA RESIDENCES EDGEWATER

410 NE 35th Terrace
Edgewater
Starting at $415,000

VITA AT GROVE ISLE

4 Grove Isle Drive
Coconut Grove
Starting at $4 Million

WALDORF ASTORIA RESIDENCES MIAMI

300 Biscayne Blvd.
Downtown Miami
Starting at $3 Million

The Well Bay Harbor Islands

THE WELL BAY HARBOR ISLANDS

1160 Kane Councourse
Bay Harbor Islands
Starting at $1 Million

Have questions? Need advice?

We're experts in the South Florida Luxury Real Estate market and are available to help you with anything you need. Whether you’re interested in buying, renting or selling a home or condo, we're available to you 24/7.
Give us a call +1 (305) 695-8257 or email hello@joshsteinrealtor.com

Josh Stein
Josh Stein

Global Luxury Realty

+1 (305) 695-8257

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