Ocean Palms Oceanfront Condo

Ocean Palms Oceanfront Condo

Ocean Palms Condo is continuing to perform well with purchases and 10 Units were sold between the dates of October 6, 2010 – November 24, 2010.    Of the 10 Units sold, all are indicated to have been Cash purchases except for one.  Cash purchases continue to dominate our local Real Estate Market, particularly for Condo purchases, where… Read More

50% Price Discount at Trump Hollywood Oceanfront Condo

trumppics2

Last month, Trump Hollywood Condo’s Loan was purchased by Ft. Lauderdale-based BH III, a private Equity Group.  BH III acquired ownership from the Related Group and received a 30% discount on the Loan in a Deed in Lieu of Foreclosure transaction.  Since that time, prices have been discounted up to 50% on a number of the Units. Location… Read More

October 2010 Luxury Condo Purchases

Ritz Carlton Unit 1808

Sales are continuing to increase in the Luxury segment of the Condo market and 2010 has experienced a 25% increase over 2009 in the number of Luxury Condo sales.  October, 2010 Luxury Condo Purchases in Broward County During the month of October, 31 Luxury Condos were purchased in a price range of $507,000 – $1,586,000.  Of… Read More

Recent Sales in Ocean Palms Condo

Ocean Palms Oceanfront Condo

Yesterday, I visited Ocean Palms Condo again with a Buyer who’s interested in purchasing an Oceanfront Condo in South Florida.  Ocean Palms Condo is a DIRECT Oceanfront Condo on the Beach, located at 3101 S. Ocean Drive in Hollywood, Florida. Condos Purchased in Ocean Palms In my April report, I included information about Condos sold in… Read More

Villas of Positano Oceanfront Condo

In my April post, I reported that, in 2010, there had been 1 purchase of a Condo (#8B) in Villas of Positano and 1 purchase of a Cabana (#7).  Since that time, 4 additional Units have been purchased as follows: Unit #8G, purchased for $1,300,000 on August 31, 2010.   Unit 8G has 3,038 Square Feet, 2… Read More

Luxury Condos Sold in 2010

Europa by the Sea Condo

Within the first 5 months of 2010 (January 1, 2010 – May 31, 2010), 193 Condos and Townhouses were purchased in Broward County in a purchase price range of $500,000 and above, as recorded in the MLS* and Property Tax Records.  The 193 Condos were purchased in a price range of $500,000 – $6,750,000 (purchase prices, NOT list prices) … Read More

Ocean Palms Condo in Hollywood, FL

oceanpalms

 This weekend,  I’m working with 2 sets of Buyers who are interested in South Florida Waterfront Condos.  One of them will be relocating to South Florida and would like to purchase an Oceanfront Condo in Ft. Lauderdale, Pompano Beach, Hollywood, or Hallandale. Today, one of the Buildings we visited was Ocean Palms Condo in Hollywood, a direct Oceanfront… Read More

Villas of Positano

Villas of Positano Condo

    Villas of Positano in Hollywood, FL Villas of Positano is a beautiful Hollywood Oceanfront Condo Community of only 62 Villas, Penthouses, and Condos located on the Hollywood Beach Boardwalk directly across from the Ocean, and within walking distance of Shops, Restaurants, and Nightlife.  Many of the Units feature beautiful, sweeping, Oceanfront and/or Intracoastal views…. Read More