Trump Towers II And Trump Towers III In Sunny Isles Beach Paid Off

The Sunny Isles Beach developer who assumed a $265 million four-year term mortgage on Trump Towers II and Trump Towers III in Sunny Isles Beach in March 2010, successfully paid off the mortgage.

Trump Tower I is sold out and fully occupied. Of the 475 condominium units the developer assumed with the loan back in March in Trump Tower II and Trump Tower III, only a little over 100 are still available to the public for purchase, but are going fast to swarms of Central and South American buyers, notably Brazilians who find Sunny Isles Beach luxurious oceanfront properties extremely affordable.

Just in December the same developer paid off a $210 million construction loan on the Trump Royale in Sunny Isles Beach.

According to a published report by the Miami-Dade County property appraiser's office earlier in the year, Sunny Isles Beach real estate values actually appreciates  by 2.9 percent and are presumed to even have hiked higher during 2011.

For more information the Sunny Isles Beach Real Estate Center (SIBREC) can be reached at (786) 406-1757 and a knowledgeable licensed Realtor© may answer questions regarding Sunny Isles Beach real estate acquisitions.