In the bustling real estate market of Miami, Florida, beachfront properties are a prized possession and competition is fierce. Thompson Realty Group, with its unparalleled expertise and vast network, recently orchestrated the swift sale of a coveted beachfront condominium, showcasing their mastery in the realm of real estate condo sales.
Miami Beachfront Condo Sale Overview
- Seller Profile: Retired couple, moving out of state to be nearer grandchildren, needed condo sold quickly
- Property Location: Ocean Drive, Miami Beach, FL, near the famous Lummus Park and the Art Deco Historic District
- Property Type & Price: 3-bedroom beachfront condo, $1.2 million list price. Sold for listing price.
- Duration: 15 days from listing to closing
- Real Estate Broker Name: James Thompson, Thompson Realty Group
- Buyer Mortgage Details: 30-year fixed, 3.2% interest
- Special Features: Panoramic ocean views, “Art Deco” feel with updated amenities, private beach access
- Negotiation Highlights: Successful pricing strategy, aggressively promoted by experienced real estate team. Sellers covered buyer closing costs and included premium furnishings to sweeten the deal
Key Features of Thompson Realty’s Services
Thompson Realty Group stands out with its in-depth local knowledge, vast network of potential buyers, and a dedicated team that ensures every property gets the spotlight it deserves. Our team utilizes cutting-edge technology for property listings, ensuring high visibility across multiple platforms. Furthermore, our personalized approach means every client gets a tailored strategy, maximizing the chances of a swift and profitable sale.
Benefits of Choosing Thompson Realty Group
Clients benefit from our swift sales process, transparent dealings, and the assurance of getting the best value for their properties. Our reputation in Miami’s real estate market speaks volumes about our commitment to excellence. Beyond just transactions, we build lasting relationships, offering post-sale support, market insights, and investment advice to our clientele. This holistic approach ensures our clients are not just satisfied but delighted with our services.
Challenges Faced by Condo Sellers in the Miami Market
Our sellers, the Garcias, were anxious about the fluctuating real estate market, especially with high-value beachfront properties. They had lived in this condo for more than 20 years, and had no idea how to determine value and get the right price. It was somewhat dated, but lovingly maintained in an “Art Deco” style and had been updated several years ago.
They realized that the saturated Miami market, with its myriad of listings, can be overwhelming for buyers. It was challenging to stand out and attract the right buyers.
In addition, they wanted a quick hassle-free sale, because they’d already purchased a home in another state.
How Thompson Realty Group Addressed Client Concerns
James Thompson personally oversaw the property’s listing, ensuring it reached the right audience. With strategic marketing, open houses, and leveraging the agency’s vast network, the property received multiple offers within a week. The entire process, from listing to closing, was seamless, addressing the Garcia’s concerns.
We were amazed at how quickly our condo sold. James and his team took care of everything, addressed all our questions, and made it a very easy process! We’re sure the buyers will be delighted with our old home.– Miguel Garcia
The swift and successful sale of this lovely older Miami beachfront condo is a testament to Thompson Realty Group’s prowess in the Miami real estate market. Their dedication, combined with market expertise, ensures clients achieve their real estate goals with ease.
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