Photo Release -- Fortune International Achieves $24 Million in Sales Over Seven Weeks at Axis Condominium

Miami, Florida, UNITED STATES


MIAMI, March 12, 2012 (GLOBE NEWSWIRE) -- After only seven weeks of leading the sales and marketing efforts at Axis, Fortune International today announced that it has sold 71 condominiums at the Arquitectonica-designed twin-tower community located in the heart of Miami's bustling Mary Brickell Village neighborhood. In making the announcement, Fortune International President and CEO Edgardo Defortuna said the 71 sales total almost $24 million, with individual sales ranging from $275,000 to $450,000.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11997

Defortuna cited Fortune International's strong presence in Latin America as a key reason for the brisk sales, as 80 percent of the units sold were to South American buyers. The most popular configurations were Axis' two-bedroom, two-bath floorplans. Just over 200 units remain at the 718-unit development, including three-bedroom and townhouse floorplans at very attractive pricing, he added.

"Clearly, the sales pace at Axis indicates the real estate market in South Florida is really heating up, and Axis is leading the trend," Defortuna said. "In fact, the most recent statistics from the Miami Association of Realtors cited a 14 percent uptick in condominium contracts over the previous month. At this rate, purchasing opportunities at well-priced, well-located buildings like Axis will rapidly start to disappear."

In addition to attractive pricing, Defortuna said Axis' new model home and fully furnished, turnkey décor packages also appealed to buyers.

Condominiums at Axis range in size from 734 square-feet to 1,908 square-feet. The residences boast panoramic views of the city and Biscayne Bay from floor-to-ceiling glass walls and glassed terraces or tranquil garden spaces, both designed to maximize outdoor living enjoyment. Living spaces are open-format with nine-foot ceilings. Kitchens and baths are finished with European-styled cabinetry, granite and marble countertops and backsplashes, and stainless steel appliances.

For more information, visit www.axisbrickell.com, call (305) 373-3360, or visit the on-site sales center at 79 SW 12TH Street in Miami. The sales center is open Monday through Friday, 10 a.m. to 6 p.m.; Saturday 10 a.m. to 5 p.m.; and Sunday from noon to 4 p.m. Follow Axis on Twitter at http://www.twitter.com/Axis_Brickell">www.twitter.com/Axis_Brickell.

About Fortune International:   

Founded by Edgardo Defortuna, Fortune International has raised the bar in high-end real estate throughout South Florida since 1983. In its brokerage division, Fortune boasts more than 1,000 realtors and 11 offices from Key Biscayne to Weston, and numerous international affiliates. In addition, Fortune International is the developer's choice for exclusive on-site sales, having represented some of South Florida's most successful projects with thousands of sales to date. The name Fortune International is synonymous with excellence and an unwavering commitment to quality and customer service in the world of luxury real estate. www.fortune-network.com.

The Fortune International logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11996


        
Axis condominium in Miami

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