Las Olas Condo, Watergarden

Market Activity in Watergarden Condo

Recent Purchases

During the months of March and April of 2011, 4 Units were purchased in Watergarden.  Their purchase price range was $305,000 – $505,000 and additional details about the purchases are included below.

 Of the 4 Units that were purchased, Units 1101 and 2402 were regular Sales, Unit 1604 was a Short Sale, and Unit 402 was a Bank Owned Foreclosure.   The Bank Owned Foreclosure, Unit 402, was purchased for $1,000 over its’ $304,000 List Price, which is typical in our Market, where the majority of competitively priced Foreclosures sell at or above their listed prices and within an average of 30 days or less.   

Pending Sales

5 Units are listed as being under Pending Contract for Purchase.  Their list price range is $235,000 – $499,000.  

Condos for Sale and for Lease in Watergarden

Of 315 Units in the Building, 20 are currently listed for sale, so Inventory is lower the normal average of 10% (10% of Units for sale in the Building would equal 31 Units for Sale).    Their price range is $224,900 – $669,000.   1 is the Units is listed as a Foreclosure, Unit 3007, listed for $224,900.  3 of the Units are listed as Short Sales. 

• Three 1-Bedroom Units are listed in a price range of $224,900 – $249,000
• 16 2-Bedroom Units are listed in a price range of $319,000 – $669,000
• One 3-Bedroom Unit is listed for $549,000

6 Units are currently listed for Lease in a price range of $1,900 per Month – $3,000 per Month.

With luxury Amenities, walking distance to Las Olas Blvd., and beautiful views of the New River, Intracoastal, Ocean, and City, Watergarden Condo remains a popular choice for full-time Residents and those who live in Ft. Lauderdale Seasonally.

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Related Information:

• Watergarden Condo
• Condos sold in Watergarden in 2010 and sold in January and February of 2011
• Las Olas Condos
• Ft. Lauderdale Waterfront Condos