Real Estate Market Report, March 2018.

A total of 6 units hit the market for sale last March at the 360 Condominium. Three of them are located in building A, and the other three in building B. To emphasize, last month we had unit 914, offering unobstructed views to the north of Biscayne Bay. This unit is in impeccable condition, and after less than 30 days, it is already under contract. For a virtual Tour visit: https://youtu.be/lYL7cONTcvoMore Info

Only one unit was sold last month. Unit #1522, after only 80 days in the market, sold cash for $470,000, very close to the asking price. This unit has one of the biggest floor plans in the building; with two master bedrooms and two master bathrooms plus a half bathroom, it has over 1,800 SqFt of living area. It is now being offered for rent.

Four units successfully found new tenants last month at the 360 Condominium. These were rented for an average price of $2,650 a month after spending an average of 90 days on the market. A three bedroom condo rented in Building C for $3,150 a month and another 3 bedrooms rented in building A for $2,800, being offered fully furnished. The active inventory of units for rent in the building is now at 26 in total.

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