Nov ‘24 - Hot Listings, Rising Prices

Hello Friends! Whether you're buying or selling, the market holds unique possibilities tailored to your goals. For Sellers: The market for condos is strong, with average sold prices increasing by 4% and price per square foot up by 7% compared to last year. If you're considering selling, this could be the ideal time to maximize your property's value. For Buyers: Single-family homes are presenting exciting opportunities, with a significant 80% increase in active listings compared to last year. More options mean it’s a fantastic time to find your dream home in the heart of Miami Beach. As the season of gratitude is upon us, I want to take a moment to thank you for being a part of my journey in the Miami Beach real estate market. Whether you’re exploring the possibilities of buying, selling, or just keeping an eye on market trends, your trust and support mean the world to me! - Thanks for Linking Up - Lily

🏡 JUST LISTED 🏡

West Avenue 1340 Lincoln Road, Unit 603

2 BED | 1.5 BATH | 770 SF LP: $414,900 Available for rent: $3,800 per month Welcome to this beautifully renovated 2 BD, 1.5 BA condo that combines contemporary design with functionality. The layout boasts abundant natural light from large south facing windows w/ light flooring throughout. Highlighting sleek finishes, the kitchen features quartz countertops with a center waterfall island, custom white cabinetry with brass hardware, and high-end LG stainless steel appliances. The living room is inviting with a convenient built-in TV mount, and adjacent to it is a flex bedroom enclosed with striking glass walls offering versatility—perfect for an office, studio, or guest space. The spacious primary offers large built out closets with a private balcony over looking Lincoln Rd. Ideal for owners looking to live year round or investors looking to rent out immediately.

MIAMI BEACH 330 West 47th Street 4 BED | 4.5 BATH | 2,636 SF | 7,500 SF Lot LP: $2,850,000 A beautiful Mediterranean residence in the heart of Miami Beach! The heart of the home is the newly renovated designer kitchen, featuring stylish checkered floors and a walk-in pantry, flowing seamlessly into the dining/living area overlooking the inviting pool. Step outside to discover a generous, private pool area surrounded by lush foliage, perfect for outdoor gatherings. On the main level, you'll find a bedroom, an office, and a versatile playroom or guest room, ideal for entertaining or visitors. Upstairs, 3 generously sized bedrooms with ensuite bathrooms await, 2 of which open to a large balcony with serene views and natural light. The home boasts all-new appliances, impact windows, and a new roof, offering peace of mind for years to come. Approx sqft per owner is 2,759.

See All My Listings

🔐 SOLD & UNDER CONTRACT 🔐

Millionaire's Row 5757 Collins Ave, #2106 3 BD | 2.5 BA | 1,980 SF | $7,000 RENTED Tenant Representation Miami Beach 4361 Royal Palm Avenue 5 BD | 4 BA | 2,746 SF Last Ask $3,200,000 Under Contract

📰 Miami in the News 📰

Why Miami's real estate market is poised for opportunity in 2025 and 2026. Read Here

🔦 Hospitality Highlight 🔦

Shoma Bazaar The Crispy Chicken Chiptole from SNDWCH With over 15 vendors in 14,000 sf space, this community hub is the place to gather for the locals. Bringing the residents together with newly developed apartments, this food hall is open to the public. Whether you're looking for a quick bite to eat, cafe's, bakeries, and a diverse selection of cuisines to choose from. Rather catch up with friends over drinks? You have two different bars to choose from and this may be your new spot to catch any big games as there are two large projector screens that display over the bar area. Grab your friends now and head over there any night of the week for it's fun and lively atmosphere. Reserve a Table

🎟 Local Happenings 🎟

November 28 Thanksgiving in Miami Hosting overrated? Come see some of the participating restaurants that are here to deliver a full Thanksgiving dinner experience while we get to kick back and reflect what we've got so much to be thankful for. See Restaurants Here

This Month Home Inspiration Vintage Lily's Pinterest Inspo

🏗 New Development Spotlight 🏗

Jean-Georges Miami Tropic Residences Edgewater Building Highlights - Developer: Terra and Lion - Architect: Arquitectonica - Food & Beverage: Jean-Georges and Vongerichten - Interior Design & landscape : Yabu Pushelberg and CLAD - 329 Luxury residences - 49 Story Building - Layouts ranging from One bedroom to Four bedrooms - Private restaurant on pool level for residents and gourmet food & beverage programming throughout building by world-renowned chef Jean-Georges - Amenities ranging from Podcast recording studio, business lounge, art gallery, chef's kitchen, residents' lounge, sculpture garden & more - Private and semi-private residence elevator vestibules - Spacious balcony with glass railings - Immersive 180-degree views of Biscayne Bay, Miami Design District and Downtown - Airy, open living spaces with 10'-11' ceilings and floor-to-ceiling glass windows 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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