The Real Deal Miami

Sunny Isles Beach nearing $4 billion in sales since beginning of condo boom

August 05, 2011 02:11AM

In the last eight years, new developer units in Sunny Isles Beach have
generated a total of 5,500 sales totaling $3.96 billion, according to a
report from Condo Vultures. There are still 850 condo units remaining
unsold in Sunny Isles as of the second quarter of 2011, according to a
survey of Miami-Dade County records. “The South Florida condo boom
changed the landscape of Sunny Isles Beach forever,” said Peter
Zalewski, founder of brokerage and consultancy Condo Vultures. — Alexander Britell

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