By Brosda and Bentley Realtors
In a remarkable feat of real estate prowess, a condo at The Estates At Acqualina, located at 17901 Collins Avenue TS07 in Sunny Isles Beach, has set tongues wagging within the property market. The transaction, executed with lightning speed, saw the seller acquire the property for $14 million on December 12, 2023, only to flip it for a staggering $18.5 million just one week later. This unprecedented profit of $4.5 million has not only turned heads but has also cemented The Estates At Acqualina’s reputation as a hotbed for lucrative real estate opportunities.
The Swift Turnaround:
The swift turnaround in the sale of this prestigious condo is nothing short of extraordinary. On December 12, 2023, the savvy seller secured the property for $14 million, marking an initial investment that would soon yield an impressive return. With unparalleled speed, the same condo was successfully flipped for $18.5 million just seven days later, showcasing not only the desirability of The Estates At Acqualina but also the strategic acumen of the seller.
Stratospheric Profit Margins:
The profit margins achieved in this rapid transaction are nothing short of stratospheric. The condo, boasting an address in one of Sunny Isles Beach’s most coveted locations, commanded a selling price of $2,720 per square foot. This not only reflects the exclusivity and allure of The Estates At Acqualina but also demonstrates the tremendous value appreciation potential within this ultra-luxury residential development.
The Allure of The Estates At Acqualina:
The Estates At Acqualina has long been synonymous with opulence and refined living, and this recent record-breaking flip adds another layer to its illustrious reputation. The development’s commitment to luxury, paired with a suite of world-class amenities, has created an environment where real estate transactions can swiftly turn into lucrative opportunities for astute investors.
Unraveling the Numbers:
The $4.5 million profit achieved within a week underscores the dynamic nature of the real estate landscape, especially within premier developments like The Estates At Acqualina. With a strategic eye for potential, the seller capitalized on the unique features of the property, translating a $14 million investment into an $18.5 million windfall within a remarkably short timeframe.
The record-breaking flip of a condo at The Estates At Acqualina, yielding a $4.5 million profit within a mere week, has set a new standard for real estate transactions in Sunny Isles Beach. This remarkable feat not only highlights the allure of The Estates At Acqualina but also underscores the potential for savvy investors to navigate the market with acumen and finesse. As the property market continues to evolve, this transaction serves as a testament to the extraordinary opportunities that await those who are astute, quick-witted, and strategically positioned within coveted developments like The Estates At Acqualina.
The Estates at Acqualina condo sales and listings by Brosda and Bentley Realtors (305) 788–9393.
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