Bank Owned 3 Bedroom at Imperial at Brickell – $479,900

June 21st, 2013 Written By

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A terrific opportunity just hit the market in one of my favorite buildings in South Brickell. A three bedroom on the 10th floor at 1627 Brickell Avenue, which is now bank owned and available. It’s going to sell very fast.

How do we know this? Because a unit on the 24th floor with the exact same square footage, layout and almost the same position in the building just sold for $680,000, and it needed renovations! I don’t need to do the math for you, do I?

This condo has a terrific layout. A very long balcony with access from all rooms on the South side of the apartment, and a nice sized balcony off the kitchen and dining room on the North side. This floorplan takes up the entire width of the building in some spots, so the views are fantastic.

Here are the details:

  • Three bedrooms
  • Two full baths and one powder room
  • Water and city views
  • Bayfront building designed by Arquitectonica with nice amenities
  • 1,732 square feet of air conditioned living area
  • 400+ square feet of covered balcony space – great outdoor living
  • $479,000 which represents $277/sq. ft.

I will be previewing this condo today and can then provide more details about the condition. Since it is bank owned, it is being offered in As-Is condition with no repairs or warranty. At this price, a new owner could afford to do major renovations and still have nice equity.

Message me ASAP if you are interested in this opportunity at The Imperial at Brickell.

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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