Tuesday, August 10, 2010

MOST EXPENSIVE REAL ESTATE IN MIAMI

Snapped One of the Grove's information booths this morning and was surprised to see a real person inside. No one was present when the streets were filled on Saturday night. I've seen a person in there only three times since they were erected. Happy to see it, because at a cost of more than $65,000 each, the cost per square foot is about $3,250.00. I don't know of any other real estate here coming close to its cost per square foot. That means a modest 2,000 square foot home would be worth $6,500,000 if comped against our information booths.

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