New Sales Listing of the Day

March 27, 2012

Unit 301 at 1800 Club came onto the market earlier today and I’m intrigued for a couple of reasons.  One, the price.  It’s a corner 3 bedroom/3 bath with 2,189 interior square feet.  The asking price is $625,000, or $286 per square foot.  That’s an amazing price for a 3 bedroom condo with a direct water view in Greater Downtown Miami.  The  unit is only on the third floor but as you can see in the picture above, the unit clears the trees and still offers an unobstructed view of Biscayne Bay and Margaret Pace Park. Two, this unit has vaulted ceilings which is unique to units 301 and 401 of all the 01 line units.  The listing does not include any pictures but mentions that the unit has tiled floors throughout. It’s definitely worth taking a look at if you’re in the market for a well priced 3 bedroom condo.

As an aside, the current owner closed on the unit in December 2007 which is around the time that 1800 Club was completed.  This indicates to me that he/she purchased the unit pre-construction.  The purchase price was $688,750 for the unit which means that a loss will be taken.