When the Levee Breaks – Miami Condo Market Springs a Leak
May 30, 2007 by Lucas Lechuga
The pictures below will show exterior shots of both developments. I will follow this post up with an in depth analysis of each building, complete with interior pictures and videos. Each entry will analyze the rental and sales markets for each building and provide my professional insight as to whether these buildings are priced accurately and if any good deals are available.
Platinum Condominium - 119 units
Midtown 2 - 374 units
This may be the first of several leaks before the levee breaks and the Miami condo market becomes flooded as Opera Tower, Latitude on the River and Ten Museum Park are due to open within the next couple of months. The balance of 8,000+ units will close later in the year . I will leave you with an excerpt of the lyrics from the song "When the Levee Breaks":
Cryin' won't help you, prayin' won't do you no good,
Now, cryin' won't help you, prayin' won't do you no good,
When the levee breaks, mama, you got to move.
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