Today I visited the “W” on South Beach. This is a great building with 408 units. The price per square foot I reference in my video is for selected units. The prices vary from floor to floor and location on the floor. The prices range from $772,900 for a studio to $6.6 M for a 3 bedroom ocean-front unit per the official price list. The building is what is called a hotel-condo project in which the owners of units participate in a hotel pool of units that are rented out when not in use by the owners. This is great for buyers that would use this as a vacation home, however, a word of caution; these hotel-condo projects are difficult to get financing for. Currently the maintenance fee is $1.30 per square foot. If you have any questions about this project or any other Real Estate question please contact us at 305.329.7728 or by clicking the “contact” tab at the top of the page.
