As many of you know, there’s a 2 bedroom condo foreclosure at The Cosmopolitan in South Beach that I’ve been tracking since the middle of May. I wrote about it and posted pictures of the unit on May 22, 2007 and wrote a follow-up post on June 1, 2007 to let everyone know of a price reduction. About a week later I went with a client to take a look at the place in person. I shot a bunch of pictures which you can view in the picture slideshow below:
I’m happy to announce that the unit is now under contract. I won’t reveal the price until it becomes public information, but let’s just say that my client got a very good deal!!!
For more details regarding this 2 bedroom foreclosure at The Cosmopolitan in South Beach do a search for “The Cosmopolitan” in the search box to the right to view the other posts covering this condo foreclosure unit.
4 responses so far ↓
1
Youmust B Afaggot
/Mar 27, 2008 at 9:15 pm
Vote: 
YOUMUST B A FAGGOT. IF YOU ARE THE WAY THAT YOU WRITE!!!
I JUST CAN IMAGE!! “my client got a very good deal!!!”
NOT EVEN YOU KNOW WHAT IS A GOOD DEAL IN THIS FUCKED OFF MARKET.
EVERYTHING IS RELATIVE.
Bye gay guy
2
AJ
/Mar 28, 2008 at 12:40 am
Vote: 
Lucas, I know you are big on free speech and allow a lot on this blog. But I think the above rabid comment should be removed. Surely left by some unbalanced soul.
3
Renter Tom
/Mar 28, 2008 at 1:08 am
Vote: 
Or maybe the guy bought at the top of the market in that building? Ouch.
4
AJ
/Mar 28, 2008 at 2:55 am
Vote: 
I had a tenant in my condo and I gave him $200 off on the market rate on the rent. He was paying me $1250 instead of $1450 what others are charging in the same building. In the summer of ‘06, the guy said he is not renewing the contract to lease as he is buying a place. I pleaded with him to wait another year as it is not the time to buy. Not because, I was losing a tenant but because I cared about him ( Within a week I found another renter for $1400).
Guess where this guy ended up? On the 1st floor of Cosmo with no view in a 2/2 and paid close to 600K. I guess it is now worth low 400 and may go down even more. I hope he is not reading this as he is going to hate me if he does.
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