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Ten Museum Park, Miami – Real Estate Market Report for September 2015

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Ten Museum Park - Downtown MiamiAs your Downtown Miami Real Estate Specialists, we present to you our monthly Ten Museum Park Real Estate Market Report for the month of September.  Call us if you are considering buying or selling at Ten Museum Park.

Ten Museum Park – current Listings

There are currently 20 Ten Museum Park residences for sale: Ten Museum Park Site Plan

  • Highest Priced Listing – $6,399,000 – 3 level Penthouse, residence 4602 – 5,241 sq.ft. of living space – 4 bedrooms / 5.5 bathrooms with private rooftop deck and 4 parking spaces.
  • Lowest Priced Listing – $359,500 – residence 1205 – 791 sq.ft. – 1 bedroom / 1.5 bathrooms

Ten Museum Park – pending sales

There is currently one property under contract at Ten Museum Park. Unit 1501 was listed for $1,026,000 in May and reduced to $989,000 in August. It has 1,946 sq.ft. of living space, 2 bedrooms / 2.5 bathrooms and 2 parking spaces.

Ten Museum Park – September 2015 Sales

There were 4 Ten Museum Park sales in September:

  • Residence 1707 – foreclosure with 2 bedrooms / 2.5 bathrooms, 1,123 sq.ft. – listed for $515,000 in July, reduced to $474,900 in August, and selling for $470,000 ($419/SF)
  • Residence 3408 – 1 bedroom / 1.5 bathrooms, 808 sq.ft. – listed for $385,000 and selling for $340,000 ($421/SF)
  • Residence 3805 – 1 bedroom / 1.5 bathrooms, 791 sq.ft. – listed $480,000, reduced to $380,000 and selling for $330,000 (417/SF)
  • Residence 4005 – 1 bedroom / 1.5 bathrooms, 791 sq.ft. – listed for $395,000, reduced several times and selling for $335,000 ($424/SF)

None of the Ten Museum Park sales in September were direct water-front/views.  The average price per square foot for September, came in at $420.

Ten Museum Park – Building Features

Ten Museum Park is a boutique, luxury condo development located at 1040 Biscayne Boulevard in Downtown Miami, directly across the street from the newly opened Museum Park and The Miami Airlines Arena.

  • 200 total units – each with 10-foot or 20-foot floor-to-ceiling glass windows
  • 50-story development
  • completed in 2007
  • Developer: Covin Development
  • Architect: Chad Oppenheim
  • Amenities include:  a full-service spa with steam room, snow room, and treatment rooms; state-of-the-art fitness center; spin studio/yoga room with class offerings; 24-hour, full-service concierge; pool deck with resistance and plunge pools, lounge chairs, and hot tub; 24-hour valet parking; and on-site building management.
  • pet-friendly for both owners and renters (up to two pets with a maximum combined weight of 100 pounds)

 

PLEASE CALL US FOR A LISTING PRESENTATION The Miamism Sales Team specialized in Ten Museum Park and can represent you in the sale or purchase of a condo.  Please contact TenMuseum@miamism.com To sign up to our monthly Home Trend Reports, go to MiamismTRENDS.com and fill in your information. Condo Name:  Ten Museum Park Architecture:  Chad Oppenheim Developer: Covin Development Location:  1040 Biscayne Boulevard, Miami, FL 33132 Contact:  tenmuseum@miamism.com

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