The Real Deal Miami

Developer plans new pair of Sunny Isles Beach condominium towers

September 07, 2012 11:15AM

Sunny Isles Beach’s condominium boom is continuing, with two new towers planned by a developer, according to a report from brokerage and consultancy Condo Vultures. The St. Tropez on the Bay IV and V towers bring the total number of South Florida condo towers currently in the works to 59 since the beginning of the real estate downturn. A total of 400 condo units were still unsold from the post-2003 construction boom in Sunny Isles Beach at the end of June. — Alexander Britell