Acqua Vista is a twin tower midrise in Little Italy. It was developed to be rental apartments and was converted into condominiums before the building was completed. This building was one of the first buildings downtown to start showing signs the housing market was cooling off.
This specific unit is selling for less than the developer price that it last changed hands at back in the summer of 2004. At this stage I suspect that every unit in the building is worth less than the developer price paid.
Type: Listed on MLS(#076012885)
List Price: $349,900
Loss@6% Sales Expenses: $46,407
Purchase Date: 08/19/2004
Holding Period: 30 months and counting...
Square Feet: 655
Purchase Details: view