Below is a list of the Bank Owned / REO listings that hit the market or featured a price reduction in the past week. Considering that 20 out of the 24 Brickell Key condos that went into contract in the last month were distressed properties, it is fair to say that foreclosures, short sales and the rare auction is where buyers are finding value.
Courvoisier Courts | 701 Brickell Key Boulevard # 1708 | 1 Bedroom | 1 Bath | 806 square feet | Asking Price: $207,500
Brickell Key II | 540 Brickell Key Drive # 825 | 1 Bedroom | 1 Bath | 1 Half Bath | 640 square feet | Water Views | Asking Price: $174,900
Brickell Key II | 540 Brickell Key Drive # 618 | 1 Bedroom | 1 Bath | 720 square feet | Asking Price $124,900 | Pending Sale 04/16/09
This information is courtesy of the SEF Multiple Listing Service and is deemed reliable but not guaranteed.
Looking to buy or sell a property in Brickell Key? Please contact me at 786-301-1054 or send me a note here.
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