As it stand we are still real ling from the condo hang over from a few years ago , gut to ad insult to injury , the new lending regulations plus the fact the 70% of buyers were in it to flip and have walk away form their deposit we have been left with this HUGE 24% inventory of the 6,300 new condo units built Sunny Isles Beach.
``The Sunny Isles Beach had a total of 23000 unit build in a period of seven yeas.
And now its going Through a similar situation as Downtown Miami , with the difference that this area is a second home market to foreign national from all over the world .
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