Sage Beach Condo Construction update … … Construction is complete at Sage Beach Condo and Closings have started. The first closed sales that have been recorded in Property Tax Records are Unit 3B in the South Tower, purchased for $2,145,100 on June 27, 2016, and Unit 2B in the South Tower, also purchased for $2,145,100… Read More
Ocean Palms Luxury Condo
Ocean Palms Condo Market Report Since my previous Report, 10 additional Units were sold in Ocean Palms Condo. The Units that were purchased are as follows: Unit 3308: purchased for $1,750,000 on October 5, 2012 Unit 2408: purchased for $1,400,000 on July 24, 2012 Unit 808: purchased for $1,385,000 on October 23, 2012… Read More
Villas of Positano Luxury Condo
Villas of Positano Condo Market Report During 2012, 5 Units have been purchased, to date, in Villas of Positano Condo (see purchase prices, purchase dates, and Unit numbers below). V8- Sold for $2,035,000 on June 28, 2012 V9- Sold for $2,037,500 on March 5, 2012 7A- Sold for $1,039,000 on September 24, 2012 7C-… Read More
Ocean Palms Luxury Condo
Ocean Palms Condo Real Estate Market Report During the first Quarter of 2012, 5 Units were purchased in Ocean Palms Condo. Additional details about the Units that sold are included below: Unit 3608: Purchased for $1,385,000 on February 21, 2012 Unit 2706: Purchased for $885,000 on February 14, 2012 Unit 807: Purchased for $820,000… Read More
Trump Hollywood Luxury Condo
Trump Hollywood Real Estate Market Update Trump Hollywood Condo is continuing to experience record-breaking Sales and remains a great choice for discerning Buyers who are interested in Luxury Oceanfront Lifestyle. In 2011, 120 Units were purchased in Trump Hollywood by Buyers from 18 different Countries. The purchase prices for the 120 Units sold totaled $176… Read More
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
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
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
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