Of the 13 Townhouses in Aqua Lofts that came on the Market in November of 2009, only 2 remain for Sale. 10 have been purchased and 1 is currently under Contract for purchase. The 13 Units were Bank Owned and were listed for Sale by the Bank through a Real Estate Broker. Many interested parties predicted that the Bank would accept a low Offer for a Bulk purchase of the 13 Units, however, the Bank rejected such Offers and instead chose to sell the Units to individual Buyers who were willing to purchase the Units for purchase prices that were very close to the list prices. Except for one of the Units that was purchased for an amount equal to its’ list price, the Units were purchased for prices that were within $20,000 of their list prices, so significant discounts did not occur. I included details below about the Residences purchased in 2011, all of which have a Boat Slip.
Unit |
Waterfront or Street | Purchase Price |
Purchase Date |
2745 | Waterfront | $773,000 | 1/28/11 |
2747 | Waterfront | $745,000 | 5/31/11 |
2733 | Street | $548,000 | 1/27/11 |
2725 (Model) | Street | $552,000 | 7/15/11 |
2721 | Street | $558,788 | 5/25/11 |
The spacious size of Residences, Boat Dockage, close proximity to the Intracoastal and walking distance to the Beach, Shops, and Restaurants (Houston’s and others) makes Aqua Lofts a great choice to consider.
The 2 Units that remain for Sale are Units 2741 and 2743, both of which are Waterfront, have a Boat Slip, are offered for $758,788, and each have 2,958 Square Feet of Living Area.
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