Las Olas River House Condos Sold in the 2nd Quarter of 2011

What’s Selling in Las Olas River House?

With contemporary design, fabulous Amenities, great Waterfront views (River, Intracoastal, Ocean, and City), beautiful Residences, and walking distance to Las Olas’ Shops and Restaurants, Las Olas River House continues to be one of downtown Ft. Lauderdale’s premier choices for luxury Condo living.

Units sold in the 2nd Quarter of this Year, 2011

During the months of April, May, and June of 2011, 10 Units were purchased in Las Olas River House and information in the Table below details their purchase prices and other information. The Units that were purchased are the 5th Avenue, Columbus, Gramercy, Lexington, and Soho Models.

Unit	Purchase Price	Purchase Date	Square Feet of Living Area	Bedrooms & Baths
3706	$963,547	May 13, 2011	3,189	3/3.5
2905	$690,000	April 27, 2011	2,129	2/3
2305	$610,000	May 18, 2011	2,129	2/3
3005	$610,000	May 31, 2011	2,129	2/3
2509	$525,000	April 13, 2011	2,141	2/2.5
1905	$495,000	June 2, 2011	2,129	2/3
1104	$485,000	June 1, 2011	2,129	2/3
2206	$480,000	June 30, 2011	1,869	2/2.5
2203	$445,000	April 27, 2011	1,869	2/2.5
2401	$325,000	May 19, 2011	1,161	2/2

Condos for Sale in Las Olas River House

Of the 287 total Residences in the Building, only 17 are currently listed for sale, so Inventory is low. The price range of the 17 Units is $419,000 for a 1-Bedroom Unit on the 3rd Floor – $3,390,000 for a 5-Bedroom Penthouse. Of the 17 active listings, 1 is listed as a Short Sale and none are listed as Bank Owned Foreclosures.

————

Pending Sales in Las Olas River House

Currently, 6 Condos in Las Olas River House are listed as being under pending contract for purchase (Buyers submitted Offers that were accepted for purchase of the Units and are scheduled to Close on the purchases shortly).