Real Estate Feast

South Florida foreclosure deal of the week–$54 sq. ft.

Everything is as nice as the kitchen!

I have a foreclosure listing for a 3 bedroom, 2.5 bath, 2 story, 1676 square foot townhome with a one-car garage and two parking spots for just $89,900.  That’s just $54 a square foot!  In June of 2006, the previous owner paid $235,000 for this property.  Everything works, the unit has been painted, the carpets cleaned.  All that is needed is a little tile repair in the master bath.  (Which, by the way, is huge and has both a tub and a shower.)  This listing is in Homestead, Florida.  Let me know if you’d like to see it.

If you’d like to know more about foreclosures in South Florida, or anything else to do with South Florida real estate, you can reach me at 305-401-8058 or bishopric.r@ewm.com.

This entry was posted on Thursday, December 18th, 2008 at 9:00 am and is filed under Deal of the Week, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. Foreclosure now a complete and utter steal–down to $48 a square foot! | Bob Bishopric said at December 30th, 2008 at 12:55 pm

   [...] The foreclosure property that was listed at $89,900 has been dropped by the bank down to $74,900.  You can read more about this fine 3-bedroom, 2 1/2 bath townhome in Cedar Woods in Homestead here. [...]

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