The Port Condo Market Update

 The Port Condo and Marina

Saturday, I visited the Port Condo again while showing Units to Buyers who are interested in the Building.

Within the last 6 months, 9 Condos have sold in The Port Condo, per Broward County Property Tax Records and the MLS.  Details of the sales are as follows:

  • Unit 1109, purchased for $700,000 on February 24, 2010
  • Unit 511, purchased for $272,500 on February 12, 2010 (Bank owned Foreclosure)
  • Unit 1003, purchased for $245,000 on January 6, 2010 (Short Sale)
  • Unit 1001, purchased for $260,000 on December 29, 2009
  • Unit 1510, purchased for $385,000 on December 21, 2009
  • Unit 1012, purchased for $295,000 on December 16, 2009 (Short Sale)
  • Unit 910, purchased for $295,000 on November 30, 2009 (Short Sale)
  • Unit 1208, purchased for $275,000 on November 19, 2009
  • Unit 907, purchased for $474,000 on November 2, 2009 (Short Sale)

Of  129 total Units in the Building, 12 are currently listed for sale, with a price range of $265,000 – $919,000.   None of the active listings are Bank owned Foreclosures.  3 of the 12 listings are Short Sales and the remaining listings are regular sales.  Currently, there are 7 pending sales in The Port and their price range is $249,000 – $410,000.  Of the pending sales, 5 are Short Sales and 2 are Bank owned Foreclosures.

Although The Port isn’t a Waterfront Building, many of the Units offer Intracoastal and Ocean views.  A significant advantage of The Port is that it includes a Marina next door, The Port Marina, which offers Dry Stack Boat Storage.  View full details here about The Port Condo.

Related information

Get South Florida Real Estate & Lifestyle News in your Inbox or Feed Reader

Subscribe via RSS

Don't miss important news about South Florida Lifestyle and Real Estate Market conditions!

Subscribe via RSS or email delivery

Leave a Comment

*