Three units were offered for sale last month. These units have an average asking price of $300,633. A few units to mentioned are units #1514 offered at $289,000 with unobstructed north views and unit #608 offering unobstructed views of the Miami skyline and Biscayne Bay and tastefully remodeled.

Only one unit was successfully sold last month. #PH217 was sold as a financed transaction for$270,000. Deals like this one don’t last on the market. Even though this unit is in its original conditions, no other penthouse facing north is available for less than $350K.

Six units were successfully rented last month at Grandview Palace. These condos rented for an average price of $1,925 per month and lasted an average of 47 days in the market. We must highlight unit #903, a one-bedroom unit that lasted only seven days in the market before renting. One-bedroom units are rarely available in the building. We also want to mention that most of these units were rented by the same listing agent and they all rented very close to the original asking price.

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.