Sapphire Condo Sales| Sapphire Condos sold in 2010

Sapphire Condo in Ft. Lauderdale

In previous posts, I included information about 71 Units purchased in Sapphire during the months of January – September of 2010. Since that time, 7 Units were purchased in October (view their details below). So, 78 Units have been purchased in Sapphire in 2010. When Sapphire reduced their prices in late 2009, Sales increased rapidly and have continued consistently.

In the 2 Towers at Sapphire, North and South, there’s a total of 172 Units (86 Units in each Tower). Property Tax Records indicate that, of the 172 Units, only 54 are currently Developer owned, so Sapphire is performing exceptionally well. NOTE: The first closed sale in Sapphire Condo took place on June 12, 2009.

All of the Units have been purchased by individual Buyers (there haven’t been any Bulk sales). Information about Units purchased is obtained directly from Broward County’s Property Tax Records, so these are not pending sales that haven’t closed yet.

Unit #	Purchase Date	Purchase Price	Tower*
801S	10/29/10	$499,000	South
802N	10/29/10	$393,000	North
406S	10/21/10	$339,000	South
PH02S	10/20/10	$450,000	South
705S	10/19/10	$641,000	South
401N	10/15/10	$387,000	North
301N	10/11/10	$347,100	North

*2831 N. Ocean = the North Tower and 2821 N. Ocean = the South Tower

Note: The first number of the Unit number indicates the Floor that the Unit is located on. Prices vary, based on size of the Unit, Water views, Floor location, and position of the Unit as related to most desired and least desired views.

Sapphire Condos for Sale are currently available in a price range of $300,000′s – $1,155,000.

Sapphire Condo is Fannie Mae approved, so purchases can be Financed through your choice of Lenders. Recent purchases in Sapphire have included a mix of Cash purchases and financed purchases, with the majority being Cash instead of Financed, which is typical in our current market in which Cash sales account for approximately 80% of Condo Sales and approximately 50% of all sales.

When future sales are recorded in Property Tax Records, I will provide updates (typically, sales are recorded in Property Tax Records online within 1-2 weeks after Closing).

The location, Ocean, and Intracoastal views are beautiful and the Amenities are absolutely fabulous!!! Click to view the full Building profile for Sapphire Condo in Ft. Lauderdale.

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