Condo Market Intel

Peter Zalewski, Condo Vultures

Moderator: Brian Bandell, South Florida Business Journal

#NAREE15

Peter ZalewskiPrincipal

Cranespotters.com

305-865-5859Peter@CraneSpotters.com

South Florida Preconstruction Condo Projects By Status

Status Towers Floors Units Share Of South Florida Units

South Florida 353 6,669 43,149 100.0%

Proposed (Unapproved) 96 1,941 14,363 33.3%

Planned (Approved) 114 2,341 14,902 34.5%

Under Construction 112 1,902 11,168 25.9%

Completed (Since 2011) 31 485 2,716 6.3%

Source: Cranespotters.com 06/22/15

South Florida Preconstruction Condo Projects By County

Rank Market Towers Floors Units Share Of South Florida Units

South Florida 353 6,669 43,149 100.0%

1 Miami-Dade County 221 5,179 31,554 73.1%

2 Broward County 84 858 7,983 18.5%

3 Palm Beach County 48 632 3,612 8.4%

Source: Cranespotters.com 06/22/15

South Florida Preconstruction Condo Projects By MarketRank Market Towers Floors Units Share Of South Florida Units

South Florida 353 6,669 43,149 100.0%

1 Greater Downtown Miami 69 3,049 19,831 46.0%

2 Hollywood / Hallandale Beach 23 344 3,737 8.7%

3 Fort Lauderdale 42 426 3,269 7.6%

4 Sunny Isles Beach 20 746 2,660 6.2%

5 Aventura 21 267 2,628 6.1%

6 West Palm Beach 13 305 2,037 4.7%

7 Miami Beach 37 359 1,762 4.1%

8 Bal Harbour / Surfside / BHI 33 267 1,367 3.2%

9 Coral Gables 8 99 928 2.2%

10 Pompano Beach 13 64 883 2.0%

Source: Cranespotters.com 06/22/15

South Florida Preconstruction Condo Projects By MarketRank Market Towers Floors Units Share Of South Florida Units

South Florida 353 6,669 43,149 100.0%

11 North Bay Village 8 162 737 1.7%

12 Boca Raton 6 141 695 1.6%

13 Miami (Upper East Side) 5 16 492 1.1%

14 Miami (Coconut Grove) 8 125 450 1.0%

15 Delray Beach 5 44 241 0.6%

16 Miami (Morningside) 2 23 230 0.5%

17 Palm Beach Gardens 3 16 191 0.4%

18 Miami (Design District) 3 5 190 0.4%

19 North Palm Beach 2 44 166 0.4%

20 Key Biscayne 3 37 165 0.4%

Source: Cranespotters.com 06/22/15

South Florida Preconstruction Condo Projects By MarketRank Market Towers Floors Units Share Of South Florida Units

South Florida 353 6,669 43,149 100.0%

21 Juno Beach 7 28 121 0.3%

22 Fisher Island 2 20 94 0.2%

23 Highland Beach 2 23 65 0.2%

24 Lauderdale-by-the-Sea 2 8 51 0.1%

25 Gulf Stream 3 10 39 0.1%

26 South Palm Beach 1 6 33 0.1%

27 North Miami 2 4 20 0.0%

28 Hillsboro Beach 1 3 18 0.0%

28 Palm Beach Shores 3 9 18 0.0%

30 Deerfield Beach 2 9 16 0.0%

Source: Cranespotters.com 06/22/15

South Florida Preconstruction Condo Projects By MarketRank Market Towers Floors Units Share Of South Florida Units

South Florida 353 6,669 43,149 100.0%

31 Dania Beach 1 4 9 0.0%

32 Palm Beach 3 6 6 0.0%

Source: Cranespotters.com 06/22/15

MetroMover Tour Map