February was an amazing month with a total of three units selling successfully. These units were sold for an average closed price of $291,500 and as financed transactions. We must mention that units #1524 and #2019 were sold by the same listing agent. The active inventory in the building of the units for sale is now at 37. 

A total of four units were offered for sale last month at the Grandview Palace. These units are offered for an average price of $284,000. Two of these units are located on lower floors, one facing west and the other facing east. The listing of the month is unit #1717. This unit offers unobstructed north views to Biscayne Bay and is listed at $269,000. 

Not only was it an excellent month for the sales but it was also for the rentals. A total of 10 units were successfully rented. These units were rented for an average monthly rate of $1,900 and lasted approximately 105 days in the market. We have two corner units fully remodeled: #2207 rented for $2,350 and #2107, a one bedroom rented for $1,775 

A total of five units were listed for rent last month. These units are offered for an average price of $1,950 per month. Only one of these units is offered furnished. The active inventory of units for rent in the Building is now at 9. 

Disclaimer: We are an independently operated company, and we are not directly affiliated with the building or area mentioned above. The information herein is derived from various sources that may include, but are not limited to, public county records and the Multiple Listing Service (MLS). Please do not make decisions or assumptions based on this information without seeking professional advice.