Foreclosure On Le Jeune Road Finally Sells
October 14th, 2009 categories: What is selling in Coconut Grove?
I wrote about this foreclosure in South Coconut Grove several times on my blog. I knew the home very well because I had many clients who were interested in buying it and one client who made an offer on it. Initially it was priced at $534,000 which was too high (due to the fact that it was a foreclosure and that it sat on a busy street). The bank proceeded to reduce the price over several months, first to $519,000, then to $494,000 and finally to $404,900.
The home had several contracts that fell through throughout its history of being on the market.
The home closed for $350,000 which is $126.00 per square foot, certainly a good deal.
Details:
- 3 bedroom, 3 bath (2 bedrooms in main house, 1 bedroom in guest house)
- 2,757 square feet
- 11,000 sq. ft. lot
- Pool
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If you are interested in buying or selling real estate in Coconut Grove, please give me a call at 305.342.1623 or send me a note here.
