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The Best Deal at the Montclair

Posted by Esther Percal | on May 23, 2018

Categories: Esther Percal, Jason Zarco, Miami Beach Condos, Miami Beach Luxury Real Estate, South Beach

1700 Meridian Ave. Unit 306 at the Montclair Lofts  is designed as a true open floorplan loft, asking $899,000. It is the largest unit in the building with 2,073 Sq Ft and it is the lowest priced unit per square foot currently available for sale.

One of the greatest locations in all of Miami Beach. This Ultra-chic open concept loft-style apartment has over 2,000 sq. ft. of hip, fabulous living in the heart of Lincoln Road with quick & easy access to the beach. Floor to ceiling impact glass doors lead to a spacious private balcony with city views and lush greenery. The gorgeous open kitchen has stainless steel appliances, white glass tile floors, volume ceilings, and loads of natural light throughout. Lovely private pool area just steps from the front door. Washer and dryer in unit and one assigned parking space.

The graph below shows all the units at Montclair that are currently available, as well as all units sold since 2016.

Available Units
Address List Price SF Bed Bath $/SF
1700 Meridian Av #306 $899,000 2,073 2 2.5 $433
1700 Meridian Av #501 $744,000 1,014 2 2 $734
1700 Meridian Av #212 $649,000 995 2 2 $652
1700 Meridian Av #206 $629,000 1,045 2 2 $602
1700 Meridian Av #412 $599,000 995 2 2 $602
1700 Meridian Av #407 $589,000 1,014 2 2 $581
1700 Meridian Av #205 $560,000 1,014 2 2 $552
1700 Meridian Av #310 $550,000 1,018 1 2 $540
  Avg$/SF $587

 

As you can see above unit 306 is almost twice as large as any other of the units  and is priced at the lowest price per square foot in the entire building.

 

Closed Sales
Address Sale Date Sale Price SF Bed Bath $/SF
1700 Meridian Av #405 Aug-17 $560,000 1,014 2 2 $552
1700 Meridian Av #202 Mar-17 $610,000 995 2 2 $613
1700 Meridian Av #502 Sep-16 $710,000 995 2 2.5 $714
1700 Meridian Av #PH507 Jul-16 $585,000 1,014 2 2 $577
1700 Meridian Av #504 Mar-16 $640,000 1,018 2 2 $629
Avg$/SF $617

 

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