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Floridian

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Neighborhood: South Beach

Year Built: 1997

# Units: 334

# Floors: 32

# Parking Levels: 6

ROSS100 Condo Index Ranking +

86

out of 100

COST RATING: +

2.12 out of 5

LIFESTYLE RATING: +

3.00 out of 5

Ross’s Comments – What you Need to Know about Floridian

Originally built as an apartment (rental) building in 1997, the Floridian was converted and sold as condominiums in 2004.

There are 12 units per floor with the odd numbers facing the bay and even numbers the city. Typically, there is quite a significant price difference between the bay and city facing units of up to 100 or 150k.

This building is very popular with renters and owners due to its location, accessibility, amenities, pet friendly policies and walkable neighborhood.

The amenities includes two pools, one of which is a lap pool on the 7th floor that overlooks the bay. There is also a tennis and basketball court on property.

BUILDING QUALITY +

MANAGEMENT +

LOCATION +

RENT FRIENDLY +

ACCESSIBILITY +

FINANCING +

DESIGN & EFFICIENCY +

AMENITIES +

WALKABILITY +

PET FRIENDLY +

PARKING +

SECURITY +

RECENT PRICE/SQ FT $610

RECENT PRICE/M² $6,566 

MAINTENANCE COST/SQ FT $0.75 – $0.99

2 BEDROOM PRICE RANGE (2014-2015) $517,000 – $950,000

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UNIT SIZES  840 – 2,285 sq. ft (78 – 212 m²)

UNIT TYPES  1, 2 and 3 bedrooms

# OF UNITS  334

# OF FLOORS  32

# OF PARKING LEVELS 6

ARCHITECT  Cohen, Freedman, Encinosa & Assoc.

DEVELOPER  DK/Equity

PET POLICY  Pets are allowed, subject to restrictions. 

24-hour concierge, valet & security

Concierge services

Dual pools

Fitness center

Sauna and steam rooms

Personal fitness services

Yoga and spin classes

Convenience store

Tennis courts

v

Professionally directed health spa

Bicycle storage

Tropical landscaping

Leisure and media rooms

Business center

Conference room

SOUTH BEACH

South Beach, also known as SoBe, is a neighborhood within the city of Miami Beach. It is the area south of Indian Creek and encompasses roughly the southernmost 23 blocks of the main barrier island that separates the Atlantic Ocean and Biscayne Bay. This area was the first section of Miami Beach to be developed, starting in the 1910′s, due to the development efforts of Carl G. Fisher, the Lummus Brothers, and John S. Collins.

During the 1960′s, South Beach became even more famous when Jackie Gleason brought his weekly variety series, The Jackie Gleason Show to the area. Beginning in the late 1970′s and continuing through the 1980′s, South Beach was used as a retirement community with most of its ocean-front hotels and apartment buildings filled with elderly people living on small, fixed incomes. This period also saw the introduction of the “cocaine cowboys,” drug dealers who used the area as a base for their illicit drug activities. The movie “Scarface“, released in 1983, typifies this activity. In addition, the television show Miami Vice used South Beach as a backdrop for much of its filming because of the area’s raw and unique visual beauty.

The area has gone through numerous artificial and natural changes over the years, including a booming regional economy, increased tourism, and the 1926 hurricane, which destroyed much of the area. The South Beach section of Miami Beach is a major entertainment destination with hundreds of nightclubs, restaurants, boutiques and hotels. The area is popular with both American and international tourists, with many having permanent or second homes.

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