This and the next two posts all feature Palermo which is another development that was designed and built to be rental apartments that was converted into condominiums at the height of the market. At this point the values are almost certainly below the original developer prices.
Type: Listed on MLS(#076006643)
List Price: $499,900
(Range priced $499,900 to $499,900)
Loss@6% Sales Expenses: $45,144
Purchase Date: 04/01/2005
Holding Period: 24 months and counting...
Square Feet: 1065
Purchase Details: view