Short-Sale at One Miami – 1 Bedroom/1Bath for $275K !!!

There's a 1 bedroom/1 bath short-sale at One Miami that was reduced $44,900 today. It is now listed at $275,000 and has 846 square feet of living space. That's a great deal! The unit is now listed at $325 per square foot. The Brickell condo index for July revealed that the average price per square foot of units sold at One Miami over the last six months is $453.66. There have been 8 one bedroom/one bath units that have closed at One Miami in the past six months. They have sold in the range of $349,000 to $430,000. Like I said, this is a great deal! Prices for one bedroom units at One Miami have come in significantly in recent months but this short-sale unit is the best priced of them all.
The unit comes with one assigned parking space and one complimentary valet space. Amenities at One Miami include: two swimming pools and hot tub, two clubs rooms, two fitness centers, business center, 24-hour security/concierge and valet parking. The maintenance fee is $389 per month. High-speed Internet, basic cable TV, water, sewer and garbage are included in the maintenance fee as well.
Take a look at the MLS listing for more information.
Yes you are right. This is a deal you cannot pass, and because is in short sale you might be able to throw a low ball in this one and get it for less than the asked price.
Yes, it is still available but it is now listed at $309,000. I’m guessing that the bank wouldn’t accept an offer below $300,000.
Did this sell? if so what for.
The 1 Bed unit at Miami one. Do you know what floor is on. Thanks. Anwer
Yes, the 18th floor facing north.
Today you might get $250 a foot, if you are lucky!! My offer all cash would be less than $200k….
D
PS. this happened already in the early 80… the bank will not get rid off it!
D is right, something similar did happen here in the 80s. Now you should be able to pick up properties 10% to 40% below peak values. At 300k thats 30% off 430k. So it seems to be a good deal if your a baller.
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stay out of the one miami,the walls are thin and cheap,people party and make noise all the time.
garbage place.