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Anatomy of a Condo

Our friend Lucas Lechuga has the best inside info on the Miami condo market.

Bayfront Brickell Condo Foreclosure to Sell Below $200 Per Squar Foot?


He has been keeping a close eye on a 4 bedroom/4 bath split-level bank-owned condo at Atlantis for quite some time. It has 2,628 square feet of interior living space and is located on the third floor. The price has continually been reduced throughout the months , but it now looks appealing. The list price on this unit is $559,900, or $213 per square foot, at the present time.

Below you will see the price changes since it was listed on May 16, 2007:

  • 05/16/2007 – $799,900
  • 06/13/2007 – $759,900
  • 07/16/2007 – $719,900
  • 08/03/2007 – $679,900
  • 08/28/2007 – $644,900
  • 09/25/2007 – $559,900

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