APT Miami Beach 2016 Q3 the Islands issue

2016 APT South Beach Market Report Miami Beach Islands| Nov. 2016 issue

THE APTTEAM at Douglas Elliman-­‐copyright 2016

Table of Contents Market Summary: 2016 Total sales

Market Summary: 2016 Year-­‐to-­‐date months of inventory

Close to Original Price raIo

Market Summary: Historic sales 2013-­‐2016

Market Summary: Year-­‐to-­‐date sales Star, Palm & Hibiscus Market Summary: AcIve Star, Palm & Hibiscus

Market Summary: Year-­‐to-­‐date sales VeneIan

Market Summary: AcIve VeneIan

Market Summary: Year-­‐to-­‐date sales Sunset

Market Summary: AcIve Sunset

About the Summary & disclaimer

About THE APT TEAM

Thank you

Pg. 5

Pg.6 Pg. 7 Pg. 8 Pgs. 9-­‐10 Pg. 11 Pgs. 12 & 13 Pgs. 14 Pgs. 15 & 16 Pgs.17 Pg. 18 Pg. 19-­‐20

“addressing luxury living with APT-­‐itude, not a9tude”

THE APTTEAM at Douglas Elliman-­‐copyright 2016

The Islands

THE APTTEAM at Douglas Elliman-­‐copyright 2016

The purpose of this study is to help our customers understand the single-­‐family homes market in Miami Beach islands, its market dynamics, performance and trends.

FOR ELLIMAN’S 3Q 2016 MIAMI BEACH & BARRIER ISLANDS SALES QUARTERLY SURVEY OF MIAMI BEACH/BARRIER ISLAND SALES, CLICK HERE. We are pleased to announce that our APT South Beach Report: Miami Beach Islands single-­‐family homes Nov. 2016 Issue has just been released. This report is a a compilaIon of recorded acIve lisIngs and sales for 2016 of Miami Beach single-­‐family homes.

Within these pages, you will learn more about list price and sold price average Iers, days on the market variances, condo inventory and percentage for sale, historical and more.

We hope you enjoy this informaIon. Thank you,

THE APTTEAM at DOUGLAS ELLIMAN Adriana Pinto-­‐Torres (right) & Tracy Ferrer (le_)

“addressing luxury living with APT-­‐itude, not a9tude”

THE APTTEAM at Douglas Elliman-­‐copyright 2016

Contract data is based on closed sales to date for 2016 recorded in the MLS. The analysis doesn’t include unrecorded sales and/or unrecorded closed developer sales.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

MARKET SUMMARY 2016

Market Summary-­ The Islands sale (through 10/31/2016 )

Contract data is based on closed sales to date for 2016 recorded in the MLS. The analysis doesn’t include unrecorded sales and/or unrecorded closed developer sales.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

MARKET SUMMARY 2016

Market Summary-­ The Islands sale (through 10/31/2016 )

Contract data is based on closed sales to date for 2016 recorded in the MLS. The analysis doesn’t include unrecorded sales and/or unrecorded closed developer sales.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

MARKET SUMMARY 2016

Market Summary-­ The Islands Historic sales 2013-­2016

Star, Palm and Hibiscus Islands

Contract data is based on closed sales to date for 2016 recorded in the MLS. The analysis doesn’t include unrecorded sales and/or unrecorded closed developer sales.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

MARKET SUMMARY 2016

Market Summary-­ Year-­to-­date sales (through 10/31/2016)

5 beds – more

Star, Palm and Hibiscus Islands

Contract data is based on closed sales to date for 2016 recorded in the MLS. The analysis doesn’t include unrecorded sales and/or unrecorded closed developer sales.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

MARKET SUMMARY 2016

Market Summary-­ Active (through 10/31/2016)

0 bed – 4 beds

Star, Palm and Hibiscus Islands

Comments: 257 Palm is a 6,000Sf lot and 28 Star Island Dr. is a 40,000SF lot Contract data is based on closed sales to date for 2016 recorded in the MLS. The analysis doesn’t include unrecorded sales and/or unrecorded closed developer sales.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

MARKET SUMMARY 2016

Market Summary-­ Active (through 10/31/2016)

The Venetian Islands

Contract data is based on closed sales to date for 2016 recorded in the MLS. The analysis doesn’t include unrecorded sales and/or unrecorded closed developer sales.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

MARKET SUMMARY 2016

Market Summary-­ Year-­to-­end sales (through 10/31/2016)

5 beds – more

The Venetian Islands

Contract data is based on closed sales to date for 2016 recorded in the MLS. The analysis doesn’t include unrecorded sales and/or unrecorded closed developer sales.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

MARKET SUMMARY 2016

Market Summary-­ Active (through 10/31/2016)

0 beds – 4 beds

The Venetian Islands

Contract data is based on closed sales to date for 2016 recorded in the MLS. The analysis doesn’t include unrecorded sales and/or unrecorded closed developer sales.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

MARKET SUMMARY 2016

Market Summary-­ Active (through 10/31/2016)

Sunset Islands

Contract data is based on closed sales to date for 2016 recorded in the MLS. The analysis doesn’t include unrecorded sales and/or unrecorded closed developer sales.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

MARKET SUMMARY 2016

Market Summary-­ Year-­to-­date sales Market Summary-­ Year-­to-­date sales (through 10/31/2016)

5 beds -­ more

Sunset Islands

Contract data is based on closed sales to date for 2016 recorded in the MLS. The analysis doesn’t include unrecorded sales and/or unrecorded closed developer sales.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

MARKET SUMMARY 2016

Market Summary-­ Year-­to-­date Market Summary-­ Active (through s1ales 0/31/2016)

0 beds – 4 beds

Sunset Islands

Contract data is based on closed sales to date for 2016 recorded in the MLS. The analysis doesn’t include unrecorded sales and/or unrecorded closed developer sales.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

MARKET SUMMARY 2016

Market Summary-­ Year-­to-­date Market Summary-­ Active (through s1ales 0/31/2016)

This APT Market SoFi study was compiled from data obtained from the South Florida MLS. It was made with informaIon of sales through October 27, 2016. It doesn’t tabulate or take into consideraIon any unrecorded developer sales, for sale by owner or pocket sales.

The purpose of this study is to help our customers understand the SoFi market dynamics and get an insight into its market performance and trends.

The informaIon contained herein is deemed accurate, but can’t be relied upon. We are not responsible or liable for input, calculaIon errors and/or errors of omissions and market changes. We always advice those who wish to uIlize this data to corroborate such informaIon for themselves. Equal Housing Opportunity.

Broker par)cipa)on welcome. Oral representa)ons cannot be relied upon as correctly sta)ng the representa)ons of the developer.

For correct representa)ons, make reference to the documents required by sec)on 718.503 Florida Statutes to be furnished by the Developer to Buyer or Lessee. Not an offer where prohibited by State Statutes. Plans, features and ameni)es subject to change without no)ce. All illustra)ons and plans are ar)st conceptual renderings are subject to change without no)ce. This adver)sement does not cons)tute an offer in the states of NY or NJ or any jurisdic)on where prior regula)ons or other qualifica)ons are required.

EQUAL HOUSING OPPORTUNITY. © 2016. This is not an intenIon to solicit lisIng from other brokers. We cooperate with them fully. All materials presented herein is intended is intended for informaIon purposes only. While this informaIon is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without noIce.

THE APTTEAM at Douglas Elliman-­‐copyright 2016

ABOUT THE SUMMARY & DISCLAIMER

About the summary & disclaimer About the market study

THE APT Team at Douglas Elliman has been sehng the standard in selling, markeIng & branding luxury real estate for over 12 years.

Our philosophy and approach are simple” Addressing luxury living with APT-­‐itude not aNtude”. Luxury is not a majer of price points, rather a pursuit of excellence in service. This core philosophy is what sets us apart and what is perhaps the most important asset for buyers and sellers in all of South of Florida. Our success comes with pursuing every real estate transacIon with our customers and their intermediaries in mind. Their success is ours.

THE APT Team at Douglas Elliman Adriana Pinto-­‐Torres & Tracy Ferrer Directors of Luxury Sales 786.493.1388 | 786.214.0099 Adriana.Pintotorres@elliman.com | Tracy.Ferrer@elliman.com www.theapjeam.elliman.com www.luxurysouthbeachrealty.com 1000 South Pointe Dr., Suite 100 Miami Beach | FL 33139

THE APTTEAM at Douglas Elliman-­‐copyright 2016

ABPOUT US

About THE About usA PT TEAM

ABPOUT US

About us

Thank you

THE APT Team at Douglas Elliman

THE APTTEAM at Douglas Elliman-­‐copyright 2016

ABPOUT US

About us

THE APTTEAM at Douglas Elliman-­‐copyright 2016