Wednesday, November 28, 2007



Today's F@cked Buyer (Coral Gables)

This property has languished on the market for over a year. It was originally listed for $745,000 and have dropped the price 12 times since. How low can they go? They're already 39% off its 2005 purchase price.


1559 TREVINO AV, Coral Gables, FL 33134


5 comments:

Anonymous said...

Whoops, it's already down to $399,900, just since you posted it.

South Florida Housing Bubble said...

El A,

That's funny! Whoops. I guess after sitting on the market for over a year, the sellers have finally become motivated.

Anonymous said...

What on earth makes this property worth 399k????

Anonymous said...

Nothing makes that property worth $399,000, just like most of the other homes for sale in South Florida.

Did they really think they were going to get $745,000 for it a year ago?

Anonymous said...

Throw in the noise from living on the corner of Red Road, and you have a bargain for sure.

Well, at least you can fool the out of towners with that fancy "Coral Gables" address