Only one unit was sold at Grandview Palace last month. After being on the market a few times with different listing agent, Unit 514 was sold by the last agent in less than 42 days for $215,000.  With an inventory of 41 units active for sale, you or your agent must have a good strategy to position your unit as the first option of choice to any prospective buyer.

Six units were offered for sale last month at Grandview Palace. These new listings average a listing price of $281,333. A unit to highlight this month is unit #702; it has been fully remodeled and features two parking spaces making it the best deal of this month, and one of the best deal available in the building. 

In August, a total of seven units were rented in our building. These units rented for an average monthly price of $1,869. We should mention that none of these units rented for more than $2,000 and some of them lasted as long as 212 days on the market before renting. However, with the right marketing and exposure, some units rented in as low as 7 or 15 days after hitting the market.

Also, the number of units offered for rent last month is seven. These 2BD / 2BA condos have an average asking price of $2,010. #2320 is the only corner unit that hit the market last month. This unit is located in one of the most desirable lines of the building as it offers the convenience of having the kitchen close to the balcony so you can enjoy any meal right from your balcony.

If you any further questions regarding this report, you may contact            
Nivaldo Soria, P.A. or Claudia Serpa, P.A.
at 305-219-8343 or nivaldosr@SouthFloridaInvestments.com