Apr ‘25 - 🌊Riding the Spring Wave: Buyers, Market Moves, and Miami Hot Spots

Hello Friends! With summer season upon us, I'm looking forward to a shift in buyers behavior. With school session ending, historically we've seen an increase of showings and properties go under contract during this period. With an additional wave of international buyers that also come and travel for the summer, we see many looking for investment properties or second homes. Domestically, relocation due to work remains a consistent factor that keeps the housing market moving along with family status change. The Miami Real Estate looks to be ahead of national average, with home equity and cash buyers in the market. As Realtor.com ranked Miami as the #2 Top Housing Market in the US for 2025, forecasting a 24% year over year increase in sales and 9% increase in median sales prices for 2025. Miami Properties remain home equity rich with a healthy loan to value ratio of 50% or lower, ranking it #5 according to data from ATTOM. As for the condo market, the inventory remains to still be lower than pre pandemic days which is 18,851 and currently 17,708 in Miami Dade. (Read More Here) Whether you're looking to buy or sell in today's market, feel free to reach out so we can navigate this upcoming season together. - Thanks for Linking Up - Lily

🏡 JUST LISTED 🏡

Brickell 1450 Brickell Bay Drive, Unit 1214

1 BED | 1.5 BATH | 900 SF Asking: $3,600 - Fully renovated 2 years ago - Impact windows installed with electrical shades - Eat in kitchen counter top additional space for dining table - Incredible bay views to enjoy every morning - Walk in closet with washer & dryer in the unit - Amenities include swimming pool, gym, sauna, tennis courts, 24/7 guarded gate house, library & more - Dedicated parking spot & guess spot - Unit will be available fully furnished

South Beach 1035 West Avenue, Unit 507

1 BED | 1 BATH | 578 SF Asking: $320,000 - Best priced unit in the building - Perfect opportunity for new owner to re-imagine this unit - Excellent location with Whole Foods next door - Shared amenities with 1000 Mirador - Recent upgrades include impact windows installed, new roof, structural repairs, paint biometric security system & more - Building passed 40/50 year recertification

See All My Listings

📃 SOLD & UNDER CONTRACT 📃 Miami Beach 330 West 47th Street 4 BD | 4.5 BA | 2,636 SF Sold Price: $2,435,000 Representing Seller & Buyer SOLD The Grove 3339 Virginia St, Unit 304 1 BD | 1.5 BA | 816 SF Last Ask: $3,300 Representing Tenant UNDER CONTRACT

📰 Miami in the News 📰

Miami Housing Market Forecast from US News: Read Here

🔦 Hospitality Highlight 🔦

Went here primarily for the views and it didn't disappoint. Highly recommend seating outdoors only as the vibe and energy is completely different indoors. Feeling the fresh air and having the sky light behind you makes it a perfect back drop. Although some nights they don't guarantee outdoor seating, going on a Thursday night is highly recommended to increase your chances Reservations booked through Resy or Directly on Website

🎟 Local Happenings 🎟

Miami Dade Country Fest April 26-27 Saddle up for Miami-Dade CountryFest, where the International Livestock Show and rodeo take center stage alongside live music, food trucks and family-friendly fun. RSVP for Free

Formula 1, Miami Grand Prix May 2-4 Experience the thrill of Formula 1 with best-in-class racing and entertainment, all in one action-packed weekend. Get Tickets Here

This Month Home Inspiration Mixed Material Kitchen Lily's Pinterest Inspo

🏗 New Development Spotlight 🏗

Jean Georges Miami Tropic Residences Design District/Wynwood Building Highlights - Developer: Lion - Architect: Arquitectonica - Landscapes: CLAD - Interior Design: Yabu Pushelberg - 49 stories with 329 luxury residences - Airy open living spaces with 10' - 11' ceilings and floor-to-ceiling glass windows - Private restaurant on pool level for residents and gourmet F&B programming throughout building by world-renowned chef Jean-Georges - Crosswalk that leads directly to Miami's Design District - 49th Floor Includes: rooftop pool, private dining room with catering pantry, sky bar lounge, archive library - Level 8 includes: Resort style pool & deck, gardens, restaurant, Kids' room, Teen Room, Game Room & Golf Simulator I'd Like to Know More

Have a question on real estate? Reach out to chat!

Lily Choi Real Estate Advisor M: 213.284.5954 lily.choi@compass.com

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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