In case you’re unaware, Apogee Miami Beach belongs to the area known as South of Fifth in Miami Beach. South of Fifth is generally considered to be the home of the finest Miami Beach condos, the Apogee condo being just one of several.
The South of Fifth location proves beneficial to Apogee for reasons that go well beyond its desirable location. As has been the case with many Miami Beach real estate sales taking place nowadays, foreign buyers comprise the bulk of people investing in the city’s property, courtesy of the weak dollar. What’s more, South of Fifth is seeing a tremendous amount of activity when compared to other areas like north of Fifth Street. Of the priciest sales this year in Miami Beach, eleven of those were at Apogee South Beach. A unit at Apogee starts at a handsome $3.5 million, by the way.
South of Fifth and Apogee may be where most of the activity is taking place but there are other condominium projects in the area that don’t carry quite as premium of a price tag. Regardless, the fact that Apogee shows good signs when it comes to sales means that you can buy a unit there knowing that your investment has very little chance of coming into problems down the road and that you’ll be investing in one of the best Miami Beach condos in the city.