Las Olas Grand Luxury Condo

Las Olas Grand Condo
Real Estate Market Report

 

Las Olas Grand Condo

 

Las Olas Grand Condo offers Luxury Amenities, spacious Residences, and beautiful views of the New River, Ocean, Intracoastal, and/or City, in addition to walking distance to Las Olas Restaurants, Shops, and Nightlife.

Within the last 6 months, 6 Units were purchased in Las Olas Grand Condo.   None of the Units were purchased as Short Sales or Bank Owned Foreclosures.    Of the 6 Units that were purchased, 1 is a Villa and the others are Ashley and Bradford Model Condos.   Below are additional details about the Units that were purchased.

 

Purchase Price Purchase Date *Unit Number Square Feet of Living Area Bedrooms & Baths
$2,600,000 January 30, 2013 3501 4,265 – 2 Units combined 4 Bedrooms & 4.5 Baths
$1,400,000 December 21, 2012 3006 2,635 3 Bedrooms & 3.5 Baths
$1,075,000 January 15, 2013 2101 2,635 3 Bedrooms & 3.5 Baths
$1,095,000 October 1, 2012 Villa 3 3,345 3 Bedrooms & 3.5 Baths
$750,000 September 17, 2012 401 2,635 3 Bedrooms & 3.5 Baths
$1,000,000 August 9, 2012 1901 2,635 3 Bedrooms & 3.5 Baths

*-With 4-digit Unit numbers above, the first 2 Digits indicate the Floor that the Unit is located on and, with 3-Digit Unit numbers, the first number indicates the Floor where the Unit is located.

Factors that affect purchase prices include views (North, South, East, or West Exposure, River, Ocean, City and/or Intracoastal), higher Floors vs. lower Floors (related to views), Square Feet, Furnishings, and the type and quality of interior Finishes (there are some Residences that are simply stunning so far as the types of Flooring, Lighting, custom Window Treatments, and other design elements and others that will most likely require upgrades or have very basic/lower quality Finishes).

Las Olas Grand Condos for Sale

 

Of 213 total Units in the Building, only 6 are currently listed for sale, so Inventory is very low, which is what we’re currently experiencing in South Florida’s Condo Market as a result of significantly increased sales.  10% is considered an average level of Inventory for a Condo Building, which in the case of Las Olas Grand would equal 21 Units on the Market for sale.

6 Units are currently under pending Contract for purchase and I will provide future Market updates when additional sales are completed.

Click here to view detailed information about Las Olas Grand and scroll below to view property listings.

….

….

Related information:

Las Olas Condos

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

*