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Contact us for pricing
Condominium 2 Bedrooms 2 Full Bathrooms Interior: 2,489 sqft Year Built: 2016
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18975 Collins Avenue Armani Casa
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Presented by Kate Smith |
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Contact us for pricing
Condominium 2 Bedrooms 2 Full Bathrooms Interior: 2,489 sqft Year Built: 2016
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Note: The property information has not been updated in the last 2 months.
Contact the listing agent for up-to-date info.
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Property Updates |
Description
Giorgio Armani, President and Chief Executive Officer of the Armani Group, stated, “Armani/Casa was born from my desire to see my design aesthetic at work in interior spaces. On a project like this, where we have the benefit of partnering with a talented architect like César Pelli, we get the opportunity to create something really very special – a remarkable living space, imbued with the spirit of modern elegance.” Why preconstruction, you ask? Preconstruction prices are generally significantly lower than post-construction market prices. This is because preconstruction prices are only estimated prices by the developer and have not factored in extra costs that may arise during the construction period. Investors who purchase housing units at the preconstruction price usually end up saving a considerable amount of money and even can flip the unit, if high demand pushes prices. Over the past 10 years, luxury oceanfront condo developments in Sunny Isles Beach appreciated very well during and after the construction phase. Hardcore real estate investors who bought properties at the pre-construction phase, flipped those units and made a handsome profit. Many investors also close the deal at the pre-construction price and choose to sell the property at its post-construction value a few months later. Depending on the local housing market conditions, investors were able to pocket significant profits almost immediately. The reason why developers offer pre-construction opportunities is to measure the success of their project and to test the market if people are willing and able to commit to a project before it is even built. It also allows the developer to shop for financing of the project, as high demand and reservations during the pre-construction phase indicate to a potential lender that the developer will be able to repay the loan in a timely fashion. For your financial commitment you receive a significant price break from the developer. Again, if you missed out on oceanfront condominium development projects in Sunny Isles Beach that that pre-sold housing units 60-80 percent within a few months of making them available to the public - now is your chance to participate with an Armani Condo.
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Kate Smith
London Foster Realty (786) 412-8510 Email: [email protected] https://www.realtorkatesmith.com/ |
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18975 Collins Avenue Armani Casa |
Offered at |
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Condominium 2 Bedrooms 2 Full Bathrooms Interior: 2,489 sqft Year Built: 2016
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Armani Casa
Armani Casa: Residences by Armani/CASA in Sunny Isles Beach Find your "zen-ity" at...Residences by Armani Casa
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Equal Housing Opportunity |