MiamiFlorida.com

The price for Condo unit #908 with 2 bedrooms, 2 1/2 baths on 1,904 SqFt has been reduced to $797,000.00 or $419/SqFt. As of April 3rd, 2008 the unit has been in the market for 84 days (almost 3 months) and has been discounted 10.45% from the original listing price of $890,000.00

This unit is the lowest priced unit in the The Bath building, the best ultra-luxury building in mid-Miami Beach.

The Bath Club has a very low density, only 108 apartments plus 6 beach front villas.

Currently the building has 27 units or 23.7% of the building listed for sale at an average price of $728/SqFt. or $2,382,407.00

The Bath Club in Miami Beach saw its first condo sale of 2008 with unit #1105 which closed on March 25th for $2,400,000 or $630 Sq Ft. after being listed for sale for approximately 804 days or 2.3 years. The selling price represents a discount of 27% from the original listing price of $3,290,000 set on 1/17/06.

Read my complete market analysis report at: “The Bath Club Market Analysis Report as of 31 March 2008″

If you have any questions, please send me an e-mail to: michael.schnabel@mac.com or call me at 305.450.0036