The Market For Miami Beach Luxury Apartments Eagerly Awaits The Completion Of Monte Carlo Miami Beach
The market for Miami Beach condos has been showing so much strength over the
previous months; however, the demand for Miami Beach luxury apartments seems
crystal clear, especially within prime areas such as the scenic Collins Avenue. But
with one of the newest development projects coming close to completion, property
buyers can soon look forward to the outstanding options that will soon be available
within the world-class city.
Monte Carlo Miami Beach Project is a 136-unit development project of the Rilea Group of developers. It
will be located at 6551 Collins Avenue in the North Beach area where an impressive
21-story tower can soon be found offering an outstanding oceanfront opportunity to
property buyers from all around the world.
The tower itself was designed by Revuelta Architecture International and is expected
to be one of the city’s best rental property options for people who seek the experience
what modern luxury living is within one of the best locations in South Florida today.
According to reports, the continuously declining apartment vacancy rate within the
Miami-Dade County area is expected to fall to 4.1 percent within 2012. As expected,
investors are taking their cue, especially since Miami Beach luxury apartments have
become one of the most promising investment opportunities that are currently being
offered on the property market.
During the first half of 2012, areas which include North Miami Beach, Bal Harbour,
and Golden Beach had managed to achieve a 6.8 percent increase in Class A asking
With such a strong demand for for Miami Beach luxury apartments, Monte Carlo is
sure to be well-received by people from many different parts of the world. It will be
opening its door in February 2012 and is expected to be among the finest apartment
rental options within the city of Miami Beach.
If you would like to find out more information regarding Monte Carlo, or if you are
interested in the different Miami Beach luxury apartments that are currently offered
on today’s property market, you are welcome to contact our professional real estate
agents for further details.