Real Green Trends

Aventura Real Estate – What is Happening in Peninsula I?

Recent Market Activity for this luxury condominium at 3201 NE 183 St, Aventura, Fl 33160

I am sure that as a resident of Peninsula you sometimes wonder what is going on in your building. Are there many foreclosures? What about short sales? ” I am under water and I am considering applying for a loan modification“.

Well let me try to answer some of these questions.

As you can see in the following graph:

In the last 6 months, out of a total of 36 condos:

• 26 are available for sale (8 Short Sales)
• 6 closed (Just one Foreclosure or REO)
• 4 are pending closing (2 Short Sales)

The average price per Square Foot is $237, with an average day on the market of 106 days.

Let’s see now what is happening in similar condos  in the Aventura area

We see an improvement in market activity for Aventura Real Estate in General – reduction in days on the market, reduction in inventory – and especially for Peninsula. With respect to loan modifications some Banks are more willing to work with their borrowers and I have already heard of successful negotiations.

Moreover, in the short sales arena there’s new guidelines which make the entire process more accessible to all parties and easier to navigate.

Very soon I will be holding meetings with specialists aimed at informing my customers of their options. If you are interested in learning about your options and knowing what is going on in your neck of the woods, just contact me for dates and locations.

Peninsula I – Foreclosure Sale – Aventura, Florida

3201 NE 183 ST, Aventura, Fl 33160

Peninsula I

Foreclosure Sale – Exquisite Bank-Owned Waterfront Condominium

Over 3,000 SF overlooking the Intracoastal and the Ocean.

Appointments include:

Marble floors, state of the art kitchen, high ceilings, flow-through unit, spa, waterfront pool, entertainment areas, valet parking.

Developer’s unit tastefully finished with marble floors. Bank will sell it fast.

Contact me for further information and to schedule a private showing. [email protected]

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