Last Foreclosure At Skyline On Brickell Sells Quickly

February 8th, 2013 Written By

Skyline

Unit 1201 at 2101 Brickell Avenue just closed for $420,000 after being on the market for only 30 days.  It was priced to sell, asking $429,000.  The condo has two bedrooms and two baths with 1,367 square feet.  A spacious two bedroom in a bay-front building for $307/square foot.  The average price per square foot in Brickell in January was $356.  This buyer bought well.

As far as we know, this was the last sale in the building that is either a short sale or foreclosure.  The remaining 22 condos that are for sale at Skyline are conventional sales.  Buildings like Skyline on Brickell and the Imperial at Brickell which had multiple foreclosures or short sales experienced a dip in values compared to buildings that did not have any or as many.  This is something that we point out to buyers, because these buildings are undervalued and have great potential for growth in value.

Everyone wants to know where the deals are.  We can help you find them.  Just ask.

We know the numbers and track the Brickell real estate market. If you would like to schedule a buyer or seller consultation, please feel free to contact us at 305-960-5317 or send us a note here.

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