Miami Condo Closeout starting at $166.00 per sqft.
Miami-Dade County, Florida
July 9th, 2009
On Wednesday, July 1st, a large condo developer released approximately fifty (50) apartments for sale starting at $166.00 per square foot.
The response was incredible. Currently all one and three bedroom units have been sold and there are several two bedrooms still remaining. Over fifty units were put under contract in less than a week.
One would have to return to 2002 pricing to see these prices.
The packed sales office was an unusual site somewhat reminiscent of 2004 and 2005.
One bedrooms sold for $130,000, Two bedrooms from $191,000 and three bedrooms from $302,000.
These apartments come with tenants in place, as well as, rental guarantees for an additional twelve (12) months.
The building is Fannie Mae approved and was delivered in 2008 in the Downtown Miami Brickell area.
The tenth floor amenities deck was buzzing over the weekend with Realtors and their clients mixed in with the resident sun-worshippers…all amidst a Summer heat wave that was breaking records…okay by one degree…but it was hot!
For more information visit www.MiamiCondoLifestyle.com or call 800-433-5960 toll free.