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Blue Diamond

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Neighborhood: Miami Beach

Year Built: 2000

# Units: 315

# Floors: 44

# Parking Levels: 3

ROSS100 Condo Index Ranking +

84

out of 100

COST RATING: +

2.32 out of 5

LIFESTYLE RATING: +

3.08 out of 5

Ross’s Comments – What you Need to Know about Blue Diamond

Only 8 units per floor with the corner units being the most desirable in terms of layout, large wrap around terraces and open views.

Large resort pool area for both Blue and Green Diamond residents, includes 56 poolside cabanas and direct access to the beach.

Very private and secure with two levels of security to clear at both the entrance gate and in each lobby.

A three-story building between the two towers houses the residents gym and spa with separate areas for a salon, weight room, yoga room, and circuit training, all overlooking the pool and ocean.

Blue Diamond is considered more desirable than the Green Diamond as most owners consider the views to be superior to that of its sister tower.

BUILDING QUALITY +

MANAGEMENT +

LOCATION +

RENT FRIENDLY +

ACCESSIBILITY +

FINANCING +

DESIGN & EFFICIENCY +

AMENITIES +

WALKABILITY +

PET FRIENDLY +

PARKING +

SECURITY +

RECENT PRICE/SQ FT $785

RECENT PRICE/M² $8450   

MAINTENANCE COST/SQ FT < $0.75

2 BEDROOM PRICE RANGE (2014-2015) $740,000 – $2,225,000

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UNIT SIZES  1,000 – 2,010 sf sq. ft (102 – 187 m²)

UNIT TYPES  1, 2 and 3 bedrooms

# OF UNITS  315

# OF FLOORS  44

# OF PARKING LEVELS 3

ARCHITECT  Robert Swedroe

DEVELOPER  NewFlorida Properties Corp.

PET POLICY  Owners allowed small pets subject to restrictions. 

24-hour concierge, valet & security

500 feet of beach with 28 cabanas

Mediterranean style 16,000 square foot clubhouse

Spectacular two-story lobby

Separate adults and children’s oceanside pools

Two lighted tennis courts

Steam rooms with separate for men’s & women’s sauna

State-of-the-art fitness facility

Two whirlpools

MIAMI BEACH

Miami Beach started out as a coconut plantation amid a jungle of mangroves when two entrepreneurs Henry and Charles Lum purchased 160 acres of what is now South Beach. In the year 1912, the Lumnus brothers founded the Ocean Beach Realty Company in Miami Beach as they planned to build an oceanfront city of modest homes. The following years saw rapid development on Miami Beach with the “longest wagon bridge in the world” – the Collins Bridge (now the Venetian Causeway) being constructed and the opening of various restaurants and casinos on the oceanfront, which included the infamous Joe’s Stone Crab. The first hotel in Miami Beach, the W. J. Brown Hotel, opened its doors to customers in 1914 and with it Miami Beach arrived on the traveling scene in the United States. The stage was set for the story of Miami Beach to begin.

During the 1920′s, Miami Beach flourished as a playground for multi-millionaires like Harvey Firestone, Albert Champion, and J.C. Penny. Hollywood celebrities soon discovered Miami Beach and very quickly it became a resort and entertainment destination to rival Palm Springs and Las Vegas. In the mid-1930′s, bold new architectural forms made their appearance and the Miami Beach building boom exploded during Art Deco’s second phase. Today, Miami Beach retains a rich and uniform appearance with many buildings preserved as excellent examples of Art Deco, Streamline Moderne, Nautical Moderne and Tropical Deco designs. Following the 1930′s and 1940′s, Miami Beach entered a golden era and was considered America’s Riviera.

In the 1996, the city of Miami Beach celebrated one hundred years of existence as an independent, self-sustaining tropical paradise. During its existence, the city has seen two world wars, the elegance and extravagance of the nations golden age – the 1920′s, and the tragedy of the Great Economic Depression. Places such as the Art Deco National Historic District, Espanola Way and Lincoln Road are just a few reminders of its rich and varied heritage. Miami Beach is famous for its wide sandy beaches, warm tropical water, year round sunshine, and non-stop action. Whether you are a Miami native playing in your city’s backyard, a snowbird, or a sun-seeking adventurer, Miami Beach is guaranteed to stimulate you.

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