The Point of Aventura “Sold Price Per Square Foot”

The Point of Aventura is a waterfront community comprised of five towers and courtyard homes located in the heart of Aventura Florida along the Intracoastal waterway. Amenities include Intracoastal pool, Club and Spa (cardio and weight room), tennis courts, childrens playground, game room,  restaurant and salon.  Each tower has unique views to offer of the  Atlantic Ocean, Intracoastal and City.

The Point

Highest and Lowest sale per/sq.ft. in the Past 6 Months
– Highest: Atlantic II Unit #2401 sold for $322 sq.ft. on 8-14-2009 for $850,000 (see unit) 21150 Point Place #2401-6244

– Lowest: Atlantic I Unit #704 sold for $197 sq.ft. on 5-26-2009 for $625,000 (see unit)

See all closed sales in the past 6 months

A really great tool for determining the list price for a property is to find out what the current Absorption Rate and Months Supply of Inventory is at the time.  It is beneficial in assisting  Sellers and Buyers to better understand the market and forecast trends.  Absorption rate is the time it takes to sell the current inventory at the present rate of sales, currently the absorption rate for The Point Condos is 3.92 p/month, therefore on average 4 listings are selling every month.

When it comes to Months Supply of Inventory a  supply of 6 to 9 months is optimum and anything over 9 months is generally considered a Buyer’s Market.  Currently there is 13 months supply of inventory at the Point.

For information on active listings or additional information please contact me anytime.

Golden Pointe A Gated Townhouse Community In Aventura Florida

Golden Pointe is a waterfront gated townhouse community. There are a total of 78 townhouses, some are on the water and some are on the dry side, they range in size from 2 to 3 stories and from 1,900 to 2,800 square feet.  Golden Pointe is part of the Waterways of Aventura which includes The Shoppes of The Waterways, restaurants, post office and Marina.  Many residents walk and exercise along the promenade that is shared by the surrounding communities including The Point of Aventura.  There are currently 3 waterfront townhouses for sale in Golden Point, below are the details.

20944 NE 37th Avenue: 4 Bedroom – 2.5 Bath – 2,505 sq.ft. $850,000
3796 NE 209 Terrace: 4 Bedroom – 2.5 Bath – 2,505 sq.ft. $699,000
3744 NE 209 Terrace: 3 Bedroom – 2 Bath – 1,900 sq.ft. $698,000

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For additional information on these properties or any property feel free to contact me at 305.466.3070.