OPPORTUNITY ALERT! Foreclosure at the Jade Brickell at Brickell Bay

June 14th, 2013 Written By

Jade Exterior

Just when it seemed like all of the short sales and foreclosures in the Brickell area had been cleared out and snapped up, we are starting to see a few show up on the market. The backlog of cases in the court system would suggest that we may continue to see this for quite some time, though not en masse.

A one bedroom condo with one bathroom is on the market now for $369,000 or $412 per square foot (83m2). This is well below the average sale price in the building over the last six months of $553/sq. ft. In the last 90 days the average sale price in the Jade at Brickell has reached $597/sq. ft. That is why this is a great opportunity.

Here are the details on this unit:

  • 895 square feet of air-conditioned living area
  • One bedroom
  • One bathroom
  • One assigned parking space on the same level as the unit – no need to use main elevators in building
  • Floor to ceiling impact glass
  • Porcelain floors throughout the entire unit
  • Stainless steel kitchen
  • In unit laundry
  • Custom fitted closets
  • Large balcony with access from living room and bedroom
  • All amenities of the full service Jade at Brickell Bay
  • More photos and information here.

This condo last sold in June of 2007 for $650,000.

Contact us immediately if you have any interest in this unit.

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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