Yesterday, The Related Group and its lenders agreed to a “friendly foreclosure” for Towers 1 and 2 of Icon Brickell. This video provides our commentary as well as the details pertaining to the agreement.

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A 3 bedroom/3 bath condo foreclosure at Atlantis on Brickell came onto the market last Thursday.  It’s an 01 floor plan with 2,149 square feet of interior and a direct view of Biscayne Bay.  The condo came onto the market at an initial list price of $544,500, or $253 per square foot.  I visited the [...]

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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 [...]

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A 2 bedroom foreclosure at Blue Condominium closed earlier this afternoon for $190,000.  This marks the lowest that a 2 bedroom in the building has ever sold.  Unit 1207 has 1,158 square feet of interior space and a view of Biscayne Bay.  It originally went under contract on August 10, 2009 but the closing was [...]

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Below, you will find what I believe to be the five best condo deals of the 59 distressed sales that closed in December 2009 in the MLS located in Brickell, Brickell Key, Downtown Miami and the Arts District.

Uptown Lofts #1005 – 1 bedroom/2 bath (1,280 square feet) – This unit sold for $135,900, or $106 [...]

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