1331 BRICKELL BAY DR # 4211, Miami, FL 33131
- 4 bedroom, 4.5 bath Condo
- Bought in March 2006 for $3,425,000
- On the MLS for $1,750,000
- Days on the MLS: 17 Days
- Loss before the Realtor® commission: $1,675,000
- Loss after the Realtor® commission: $1,780,000
Stumble It!
8 comments:
Yeah, $1,000/sq ft was too much, but wait til all those baby boomers and rich europeans/south americans see $500/sq ft, there's going to be a bidding war.
What's that? It's already been on the market more than 2 weeks? Yeah, but it's over Christmas and New years, wait til January 1st. Bar the door, here comes that rush of buyers!!!!!!
(Sound of crickets)
One retired rich guy comes along, has $1.3 million in cash, decides to make a lowball offer, then realizes he'll still have to pay $6,000/mo HOA/taxes with NO MORTGAGE. Pass. He spends the winter in beautiful hotels in Greece/Italy/Spain instead, for the same price or less. Smart guy.
Funny el a, lol
Admin, typo in this listing, you show purchase as 2004. Should be 2006.
Welcome back BTW, you were missed.
HAPPY NEW YEAR ALL YOU HOUSING BEARS!!
Thanks! I fixed the typo.
el a,
How about this! Almost $2 MIL (with an M)!
And NO pictures!
What pomp and arrogance.
The amount of inventory on Brickell Key alone is enough to choke a horse.
I think Dade County will be dealing with the effects of the luxury market crash well into the next decade.
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