May 2008 Miami Foreclosure and Distressed Property Deals

By
Real Estate Agent with HB Roswell Realty BK3102146
Sep Niakan
sniakan@colfaxrealty.com
305-725-0566
Miami Condos Are Affordable Again!
Foreclosure and Bank-owned units at big discounts
35-70% price drops from peak prices on select units
All this while Miami is becoming a more exciting place every day: huge urban growth in business, arts, entertainment, restaurants, shopping and more.

Sep Niakan’s Hand-picked Hot Properties
Miami Beach   South Beach / SOFI
5600 Condo Exterior 5600 Condo Location
5600 Condo View
 
The Cosmopolitan Exterior The Cosmopolitan Kitchen
The Cosmopolitan Pool
 
5600 Condo. Fully renovated in 2001.
Status bed/bath price ft2 (m2)
Available 2/2 $430,000 1200 (112)
Incredible Water Views. Ocean Access.
Sold 2/2 $200,000 1190 (111)
Intracoastal Front. Boat docks available.
Sold 2/2 $400,000 1200 (112)
Incredible Water Views. Ocean Access.
   
The Cosmopolitan. 110 Washington Ave. Built 2004.
Status bed/bath price ft2 (m2)
Avail. 2/2 $429,900 1010 (94)
Incredible finishes. FORECLOSURE.
Sold 2/2 $445,000 1196 (111)
City View
Pending 2/2 $374,900 1010 (94)
Partial Oceanviews. FORECLOSURE
South Beach   South Beach
Mirador South Beach Exterior Mirador South Beach Gym
Mirador South Beach View
 
The Floridian Exterior The Floridian Pool
The Floridian View
 
Mirador South Beach. Newly renovated.
Status bed/bath price ft2 (m2)
Available 1/1 $154,500 619 (58)
Bay view. FORECLOSURE
Sold 1/1 $186,000 837 (78)
Bay view. FORECLOSURE
Pending 1/1 $189,000 837 (78)
Bay view.
   
The Floridian. Miami Beach. Built 1997
Status bed/bath price ft2 (m2)
Available 1/1 $315,000 687 (64)
Direct bay views.
Pending 2/2 $364,900 1078 (100)
City views.
Sold 3/2 $517,000 1234 (115)
Breathtaking bay and skyline views from the 28th floor
South Beach / SOFI   Downtown Miami
Portofino Tower Exterior Portofino Tower Interior
Portofino Tower View
 
One Miami Exterior One Miami Pool
One Miami Interior
 
Portofino Tower. 300 South Pointe Drive. Built 1996.
Status bed/bath price ft2 (m2)
Available 2/2 $1,300,000 1780 (165)
Garden view. Ocean view.
Sold 2/2 $1,450,000 2040 (190)
Designer furnitured. Direct ocean view.
   
One Miami. Downtown Miami. Built 2005.
Status bed/bath price ft2 (m2)
Available 1/1 $214,900 868 (81)
Nice finishes. Beautiful bay views. FORECLOSURE.
Available 2/2 $372,500 1169 (109)
Owner motivated. Bay View.
Sold 1/1 $255,000 868 (81)
High floor. Panoramic bay and views.
Sold 2/2 $370,000 1227 (114)
FORECLOSURE. Intracoastal view
ATTENTION BUYERS
The properties I am presenting in this e-mail represent the best deals I have found in the current market. However, if you are looking for something different for your second home or investment, E-mail me , and I will find it for you.
Brickell Key   Brickell
Isola ExteriorIsola Location
Isola Pool
 
Four Ambassadors ExteriorFour Ambassadors Location
Four Ambassadors Pool
 
Isola Residences at Brickell Key Renovated in 2003
Status bed/bath price ft2 (m2)
Available 2/2 $239,900 1065 (99)
Waterfront w/ Bay views, Island living, FORECLOSURE.
Pending 1/1 $181,500 670 (62)
Incredible direct bay views
   
Four Ambassadors at Brickell Built in 1970s
Status bed/bath price ft2 (m2)
Available 2/1.5 $160,000 990 (92)
Waterfront, in the heart of Brickell, FORECLOSURE
Brickell   Brickell
The Club at Brickell ExteriorThe Club at Brickell Interior
The Club at Brickell Pool
 
Jade Residences ExteriorJade Residences Interior
Jade Residences Kitchen
 
The Club at Brickell. Built 2005.
Status bed/bath price ft2 (m2)
Available 1/1 $169,900 778 (72)
Open Balcony. Partial bay view. FORECLOSURE
Available 2/2 $259,000 1030 (96)
Partial bay view. FORECLOSURE
Pending 1/1 $174,900 825 (77)
Open Balcony. Partial bay view. FORECLOSURE
Pending 2/2 $219,900 1030 (96)
Partial bay view. Large balcony. FORECLOSURE
   
Jade Residences. Ultra-luxury. Built 2005.
Status bed/bath price ft2 (m2)
Available 1/1 $269,900 895 (83)
Oversized Balcony. FORECLOSURE
Available 2/2 $654,900 1460 (136)
One of the most exclusive Buildings in Brickell
Pending 1/1 $335,000 895 (83)
Oversized Balcony. FORECLOSURE
Sold 2/2 $785,000 1460 (136)
Luxurious finishes.
ATTENTION BUYERS
The properties I am presenting in this e-mail represent the best deals I have found in the current market. However, if you are looking for something different for your second home or investment, E-mail me , and I will find it for you.
Brickell   Brickell
Vue at Brickell Exterior Vue at Brickell Interior
Vue at Brickell Pool
 
The Mark on Brickell Exterior The Mark on Brickell Pool
The Mark on Brickell Tennis Court
 
Vue at Brickell. Built 2004.
Status bed/bath price ft2 (m2)
Available 1/1 $159,900 783 (73)
Sunset views. FORECLOSURE.
Sold 2/2 $220,000 1069 (99)
Big Reduction! Partial Bay View.
Sold 2/2 $235,000 1069 (99)
City View
Pending 2/2 $229,900 1255 (117)
Corner Unit. Bay View
   
The Mark on Brickell. Built 2001.
Status bed/bath price ft2 (m2)
Available 2/2 $324,900 1140 (106)
High floor. Unobstructed water views.
Available 3/2 $399,000 1470 (137)
Corner unit. Spacious. Wood floors. Partial bay views.
Pending 2/2 $349,900 1200 (111)
Corner Unit. Unobstructed water views.
Sold 3/2 $320,000 1470 (137)
Corner Unit. Spacious. Partial bay views.
Art District / Edgewater   Art District / Edgewater
Quantum on the Bay PoolQuantum on the Bay Interior
Quantum on the Bay Loby
 
Cite on the Bay ExteriorCite on the Bay Pool
Cite on the Bay Interior
 
Quantum on the Bay. 1900 N Bayshore Dr.
Status bed/bath price ft2 (m2)
Available 1/1.5 $230,000 790 (73)
Partial bay view plus downtown views.
Sold 1/1.5 $205,000 790 (73)
Partial bay view plus downtown views.
   
Cite on the Bay. 2000 N Bayshore Dr.
Status bed/bath price ft2 (m2)
Available 3/2 $410,000 1398 (130)
Loft-style unit w/ high floors and private bedrooms.
Available 1/1 $185,000 707 (66)
Loft-style unit with private bedrooms. Nice finishes.
Sold 1/1 $297,500 739 (69)
Direct bay views
Sold 2/2 $275,000 1156 (107)
Penthouse unit. Direct bay views.
ATTENTION BUYERS
The properties I am presenting in this e-mail represent the best deals I have found in the current market. However, if you are looking for something different for your second home or investment, E-mail me , and I will find it for you.
Sep Niakan
Lic. Real Estate Broker Associate
Colfax Realty Group, Inc
305-725-0566
sniakan@colfaxrealty.com
Most of the properties listed in this e-mail are taken from the Southeast Florida MLS and are not listings of Colfax Realty Group, Inc. Colfax Realty Group, Inc makes no representation or warranty as to the accuracy of the information taken from the MLS.

* The word "Discount" is referring to the difference in prices now as compared to the peak of the market.

Posted by

Sep Niakan, Broker/Owner
305-725-0566
HB Roswell Realty
Miami Real Estate
http://www.hbroswell.com

http://www.condoblackbook.com

For all of your Miami Real Estate needs contact me today.
I am never too busy for referrals.

Paramount Bay Condos, Miami Real Estate, Miami Condos,

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