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Fendi Chateau Residences for Sale | Which Fendi Units Provide for the Best Value?

May 17, 2019

What Unit Offers the Best Value at Fendi Chateau in Miami?

At the moment of writing this blog (May 2019) there are 10 units for sale at the Fendi Chateau Residences in Miami. With so many different floor plans and finishes, which unit offers the best value?

If you click on the above link you will see that Fendi units for sale vary between $1,549 and $2,556 per SF*. When looking for the best value we combine (1) finishes, with (2) type of floor plan and (3)  listing price per SF and then there was a clear winner.

*We always look at the value per SF in order to compare apples with apples.

Unit 601 at the Fendi Chateau Residences

 

  • List Price: $8.4M
  • List Price per SF: $1,665
  • Unfinished

First of all unit 601 is a ’01 line unit’, which is one of the most desirable floor plans. This floor plan is a corner residence offering even better views than other units and wrap-around terraces. Besides the views, the 01 line offers the highest amount of SF. This particular unit offers 5,044 SF. The unit still needs flooring and finishings, but you can fully customize it and it’s one of the best priced units at the moment. We do not say this is the right sales price, but it is a good unit and a good price to start negotiating.

Needless to say the finished units are more expensive than the unfinished units. We selected the best priced unit for sale that is sold completely finished and furnished.

I like to say that Miami real estate is expressed in two currencies: Money and Time. So even though an unfinished unit is less expensive than a finished unit, one should also think of the time it costs to finish a unit (despite the obvious, which is money)

I have helped many clients to finish a unit and I am married to a renown interior designer so please contact me for more information about the timelines and costs of finishing a luxury Miami condo!

Unit 605 at the Fendi Chateau Residences

 

  • List Price: $6,75M
  • List Price per SF: $1,931
  • Finished and Furnished

Unit 605 is also a turn-key residence with 4 bedrooms and staff quarters. The unit is finished with great eye for detail with hand picked finishes. The unit is 3,496 SF and is listed for $1,930 per SF. This unit, together with unit 604 offers the best price for a finished unit.

Contact the David Siddons Group for more information on these units and for the true market values.

Unit prices are subject to change and new units might enter the market, so use this article as a reference and give me a call to truly discuss the unit that works best for you with the right price tag. We also have off-market properties for sale

David Siddons | +1.305.508.0899 | David@siddonsgroup.com

David Siddons is a top producing Miami realtor with nearly $100M in yearly sales. He is known as a market analyst and he is the author of several of Miami’s most influential real estate reports and forecast

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