Strong Sales At Aria, Weak At Auberge

Brokerage ISG World released their second quarter survey of pre-construction and under-construction condo developments in Miami.

As of July 2016, some of the better performing projects in recent times include:

  • Aria On The Bay, Edgewater (70% of 648 units)
  • Canvas, downtown Miami (60% of 513 units)
  • The Harbour North Miami Beach (78% of 425 units)

Projects reporting poor results include:

  • Auberge at 1400 Biscayne (15% of 290 units)
  • Elysee Edgewater (27% of 100 units)
  • Turnberry Ocean Club Sunny Isles (30% of 154 units)

In Brickell, very few developer units remain available. Brickell Flatiron is actually 55% sold (the report states 45%), while the report also erroneously places One River Point (which refused to provide statistics) in Brickell.