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Last 2BR Condo for Under $1,000,000 in the Murano Grande South Beach


Murano Grande South Beach

Murano Grande South Beach

Prices for luxury condos South of Fifth Street are about to hit a milestone. With the exclusion of Yacht Club at Portofino and South Pointe Tower, which were each built before the condo boom, the Murano Grande South Beach is the last building left with a two bedroom condo for sale below $1,000,000.

Unit 2209 in the Murano Grande South Beach is listed for $889,000. It has two bedrooms, two baths and 1,437 square feet. From the pictures, the marble job and paint look terrible and the wood floors in the bedrooms are an insulting cost-saver; nevertheless, this condo is a must buy. Prices for two bedroom condos are moving squarely above the $1,000,000 mark in the Murano Grande South Beach and most of the other high-rises South of Fifth Street.

There may be a few more owners who are willing to sell for less than $1,000,000 this year; however, I predict that prices for two bedroom condos in the Murano Grande South Beach and in the other luxury condo buildings South of Fifth Street in Miami Beach will be will be squarely above $1,000,000 next season and forever after.

Call me for more information about this condo and the Murano Grande South Beach.