2080 S Ocean Dr #1011, Hallandale Beach, FL 33009

An oceanfront corner in Hallandale Beach. Three bedrooms, renovated, with water in every room.

In a large oceanfront building, the market is composed of smaller markets. Value is determined by an apartment’s vertical line, not by the building average. This renovated three-bedroom corner residence occupies the most requested stack, with ocean exposure from its main rooms and corner light the interior lines cannot offer. The recent renovation removed a buyer’s largest objection: the risk and logistics of construction inside a condominium. SunSt listed and sold it for $1,130,000 by pricing it against its true competition, which were other three-bedroom corners in the area, not the smaller interior units that trade for far less. Scarcity accounted for the rest.

The value was not created in negotiation. It was found in the unit’s specific location on the corner of the building.