Below, you will find what I believe to be the five best condo deals of the 40  distressed sales that closed in February 2010 in the MLS located in Brickell, Brickell Key, Downtown Miami and the Arts District.

Two Midtown #H1002 – 1 bedroom/1.5 bath (735 square feet) – This unit sold for [...]

[Read more →]

Earlier this afternoon, an episode for next season’s “Burn Notice” was filmed in Penthouse 5708 at Marina Blue.  The 4 bedroom/4 bathroom penthouse has 4,198 square feet of interior across two levels, 20-foot ceilings with floor-to-ceiling glass windows and panoramic views of Biscayne Bay, the Atlantic Ocean and the Miami Beach skyline.  It offers what [...]

[Read more →]

The following are six well known condo buildings in Miami that were given the Fannie Mae Special Approval Designation since my last update on January 18, 2010.  The special designation makes it now possible to obtain financing for condos in these buildings using a conventional loan.

Brickell Key II

One Miami East

One Miami West
Skyline on Brickell
The Aston
Vue [...]

[Read more →]

Below, you will find what I believe to be the five best condo deals of the 66 distressed sales that closed in January 2010 in the MLS located in Brickell, Brickell Key, Downtown Miami and the Arts District.

Ten Museum Park #1905 – 1 bedroom/1.5 bath (791 square feet) – This unit sold for $137,000, or [...]

[Read more →]

Earlier today I was going through the recently closed sales in the MLS and came across a 1 bedroom at Ten Museum Park that closed for $137,000, or $173 per square foot, on January 11, 2010.  This is by far the lowest that a one bedroom has sold for in the building.  The previous low [...]

[Read more →]