800 PARKVIEW DR Unit: 915, HALLANDALE, FL 33009
- 2 Bed, 2 Bath Condo
- Bought in October 2005 for $315,000
- On the MLS for $255,500
- Loss before the Realtor® commission: $59,500
- Loss after the Realtor® commission: $74,830
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1 comment:
This is an interesting one as this house appears to be in foreclosure.
11756 SW 108 CT, Miami, FL 33176
Sale Date: 2/2006
Sale Amount: $600,000
MLS #: M1091362
Price Reduced: 11/02/06 -- $769,000 to $714,900
Price Reduced: 12/20/06 -- $714,900 to $694,900
Price Reduced: 05/05/07 -- $694,900 to $624,900
My guess is that these "investors" bought, tried to flip, realized they market was taking and can't afford the ongoing payments. The list price is still above the previous sale prices, but at $265 / sqft, its still pricey to me. My guess it would have to go below $200 / sqft for anyone to entertain the idea of buying (e.g. $475,000 or below).
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