4775 Collins Ave # 1802, Miami Beach

2 Bedroom, 2 Baths Townhouse asking $1,397,000

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41 SE 5th St #1012, Miami

1 Bed 1 Bath Townhouse asking $465,000

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Oak Hammocks Townhomes At Cutler Bay $8,415,000 (SOLD)

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FHA OK! New construction consisting of 33 premium built town-houses in the heart of Cutler Bay.  Community has private lake, pool and adjacent to government protected nature preserve. Electric security gate. All units have an open kitchen, living and dining room layout. Models available with bedroom and full private bathroom (en-suite) on first floor. Extra large master bedrooms with her/his (dual) walk-in closets, and master bathrooms with walk-in shower and double sinks. Spacious bedrooms with balcony. One or two-car garage available. Interior upgrades can be requested.

Download the Oak Hammocks Site and Floor Plans in PDF.

Chestnut Model

Laurel/Myrtle Model

Willow Model

  • Transaction Type: Developer Representation
  • Community Address: 22433 SW 102 AV
  • City, State and Zip: Miami, FL 33190
  • Asking Price for sale: between $240,000s and $270,000s
  • Type of property: town-homes
  • Living size (sqft): between 2,200 and 2,600
  • Year built: new construction
  • Beds, full baths and half baths: 3/2.5s and 4/3.5s
  • Garage: between 1 or 2
  • Water front or access: yes (lake) / yes
  • Exterior walls and roof: concrete / tile
  • Floor and pool: carpet, tile, wood/ yes
  • Heating and cooling: central / central
  • Sewer: municipal

Monthly Mortgage Payment at 4.5% interest rate, 30-year fixed, and an average purchase price of $250,000:

  • FHA loan with 3.5% down: $1,222
  • Conventional loan with 5% down: $1,203
  • Conventional loan with 10% down: $1,140
  • Conventional loan with 20% down: $1,013

Need other mortgage scenarios? Mortgage Calculator

Location:

Condo-Townhouse Prices Up 27%.

 

Average Condo-Townhouse Price: Year-to-date May 2010 vs Year-to-date May 2014

Below graph details the comparison between the average condo-townhouse price in 2010 versus 2014 by city. For example.  Kendall’s average condo-townhouse price year-to-date May 2010 was $106,239.  Such average price has risen to $147,885 year-to-date May 2014.

average condo townhouse price

How’s the single-family home market? Learn more.

Days On Market or DOM – Condo-Townhouse: Year-to-date May 2014

The below chart shows the number of days a property stays in the market for sale until it is sold. For example. Kendall’s DOM year-to-date May 2014 is 123 days. In other words, on average…from the moment a condo-townhouse hits the market for sale until it is sold is approximately 123 days.

days on market condo townhouse

 

Transaction Type – Condo-Townhouse: Year-to-date May 2014

The below graph details the type of sales taking place by city. For example. In Kendall…29% of all sold condo-townhouses are bank owned.  Fifty-four percent are regular sales. And 17% of all sold condo-townhouses are short sales.

transaction type condo townhouse