Today's F@cked Buyer (West Palm Beach)

At one point, this F@cked Buyer thought it was prudent to pay $163,453 for a one-bedroom apartment in marginal area of West Palm Beach. Now that an inkling of sanity is returning to our market, this unit is being offered for 55% off its 2006 purchase price.

738 EXECUTIVE CENTER DR # 36, West Palm Beach, FL 33401

• 1 bedroom, 1 bath Condo
• Bought in January 2006 for $163,453
• On the MLS for $72,900
• Days on the MLS: 130 Days
• Loss before the Realtor® commission: $90,553
• Loss after the Realtor® commission: $94,927