Interinvestments Realty Announces that their Sales Associates are Smashing Established Selling Records by Closing a Greater Number of Luxury Condos in the Brickell Market

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Interinvestments Realty’s Research Department confirms that an existing home-buying frenzy is occurring in South Florida’s housing market. This is the result of strong buyer demand and very scarce inventory for sale.

Emilio Jose Cardenal, President/Broker

The Carbonell offers the Ultimate Brickell Lifestyle. Full Array of Amenities, Location and Privacy.

Gabriel Montalvan, a 10 year veteran sales associate with Interinvestments Realty, was the selling agent in a recent residential sale at The Carbonell Building in Brickell Key. The condominium unit was originally listed at $795K and was sold at $755K on 4/26/13. The unit sold is #1708 and it has 1,301 sq. feet.

“When our buyers hired us to find the property, they were looking for a luxury condominium that was in a building that offered full service amenities, a great location, and most importantly that it felt homey. Gabriel made the right selection offering them The Carbonell unit,” explains Emilio J. Cardenal, Broker and CEO of Interinvestments Realty.

“The Carbonell is located at Brickell Key, which is a triangular island at the mouth of the Miami River. Brickell Key is one of the most distinctive island communities in the World, and compares to the most exclusive properties worldwide,” says Montalvan. “Carbonell has incredible bay, city and ocean views and year-round bay breezes. It’s wonderful to live at the water’s edge!”

The Carbonell Building has many amenities to enjoy, among them, a gated entrance, high speed controlled elevators, 24-hour security, covered parking, valet parking, and concierge service. Racquet ball and squash courts, pool and spa, state of the art gym, club house and a business center,” continues Montalvan.

“Most of the sales in today’s market are cash deals. Having cash available at closing guarantees a quick closing, and makes it possible to get a larger discount on the purchase price. Applying for financing will delay most transactions and the potential buyer may lose any opportunity to negotiate,” adds Montalvan.

“According to our local Multiple Listing Service, there were 34 condo units sold in the last twelve months and seven pending sales in the Carbonell Building. The average days on the market of the units already sold were 148 days,” continues Montalvan. “Right now, there are fifteen units for sale with 1, 2, 3, and 4 bedrooms. In 2012, from January through May 31st, the price per sq. foot was $510. Days on the market were 215. In 2013, prices year-to-date are $553 per sq. foot. Days on the market are 105.”

If you want to receive more information about new-construction and resale properties currently for sale in the South Florida marketplace, please contact our offices at the telephone number that appears in our contact information next to this communication.

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Melly Guasch, Public Relations
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