FLORIDIAN Condo in South Beach is one of the many buildings in Miami Beach that is experiencing large price reductions in its units, which offers buyers a great opportunity to buy a waterfront condo in South Beach at a large discount. Below are some FLORIDIAN condos at discounted prices.

Floridian Condo in South Beach Unit 304 1/1 $ 160,000 SHORT SALE
Floridian Condo in South Beach Unit 601 2/2 $ 210,000 SHORT SALE
Floridian Condo in South Beach Unit 1112 2/2 $ 290,000 SHORT SALE
Floridian Condo in South Beach Unit 1610 1/1 $ 294,000 SHORT SALE
Floridian Condo in South Beach Unit 1008 3/2 $ 329,950 FORECLOSURE
Recent Sales in Floridian Condo South Beach:
Unit# #Beds #FB Square Feet Sale Price Sale Date
2001 2 2 1147 510,000 01/09/2009
2803 2 2 1078 530,000 02/27/2009
912 2 2 1147 403,000 01/26/2009
2710 2 2 1078 375,000 10/22/2008
1002 2 2 1298 325,000 02/13/2009
1410 2 2 1078 304,900 11/10/2008
Learn more about Floridian Condo in South Beach.
One Miami Condo in Downtown Miami is one of the many buildings in Miami that is experiencing large price reductions in its units, which offers buyers a great opportunity to buy a waterfront condo in Downtown Miami at a large discount. Below are some One Miami condos at discounted prices.

One Miami Condo in Downtown Miami Unit 2606 1/1 $ 159,900 SHORT SALE
One Miami Condo in Downtown Miami Unit LPH-06 1/1 $ 159,900 SHORT SALE
One Miami Condo in Downtown Miami Unit 2914 2/2 $ 249,900 SHORT SALE
One Miami Condo in Downtown Miami Unit 1115 2/2 $ 250,000 SHORT SALE
Recent Sales in One Miami Condo Downtown Miami:
Unit# Beds Baths Square Feet Sale Price Sale Date
2623 3 2 1792 535,000 03/19/2009
3109 3 2 1792 510,000 03/20/2009
2222 2 2 1169 325,000 01/16/2009
1619 2 2 1227 330,000 02/23/2009
2200 2 2 1105 272,000 01/23/2009
Learn more about One Miami Condo in Downtown Miami.
CITE Condo in Miami Arts District is one of the many buildings in Miami that is experiencing large price reductions in its units, which offers buyers a great opportunity to buy a waterfront condo in Downtown Miami at a large discount. Below are some CITE condos at discounted prices.

CITE Condo in Miami Arts District Unit 2604 1/1 $ 124,900 SHORT SALE
CITE Condo in Miami Arts District Unit 2211 2/2 $ 151,900 BANK-OWNED FORECLOSURE
CITE Condo in Miami Arts District Unit 2509 2/2 $ 154,900 BANK-OWNED FORECLOSURE
Recent sales in CITE Condo Miami Arts District
Unit # Beds Baths Sale Price Square Feet Sale Date
# 2321 1 1 126,900 717 12/22/2008
# 2403 1 1 140,000 722 12/23/2008
# 2514 1 1 147,000 794 10/30/2008
# 3305 2 1 147,000 795 10/24/2008
# 412 1 1 152,500 739 10/31/2008
# 3604 1 1 155,500 797 10/27/2008
# 3307 2 1 159,900 797 12/19/2008
# 2201 1 1 200,000 0 03/10/2009
# 805 2 2 220,000 1047 02/10/2009
# 1209 2 2 252,500 1068 09/30/2008
# 3502 3 2 230,000 1398 12/10/2008
Learn more about CITE Condo in Miami Arts District.
How to get financing in such a difficult loan environment for Miami condos
These days banks have become very stringent on financing options for Miami condos. Due to new Fannie Mae and Freddie Mac guidelines, coupled with the shaky banks, most Miami condo buildings now fail to meet the requirements required for a bank to offer a loan for the purchase of any unit in that building. So even if you have solid credit, solid employment and want to put 20% down, the bank will say no. Believe it!
So how do you get around this? First, before we get into the details, let's review why most people are wanting to purchase a home to begin with to see why it is worth going through this mess to purchase a property:
To make this happen, I would expect we need to:
Some things you need to know about the current Miami market:
I look forward to hearing from you.
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| FLORIDA HOMESTEAD TAX EXEMPTION FILING DEADLINE IS MARCH 3 If you have not received a letter confirming your exemption or just bought a place in 2008, confirm with the County that they have you on file. |
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I wanted to make sure you and your friends/family do not miss an opportunity to save tax money in this difficult year, so the below is a reminder and overview of the Florida Homestead Exemption. Note that the deadline for filing is March 3. Who qualifies for Homestead Exemption? P.S. I hope you found this information useful! If you did, please pass it on to your friends and family. I am sure they would want to know too. |
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