South Florida Properties Under $50k

By
Real Estate Broker/Owner with Realty Empire Incorporated

A report  recently released by the Miami-based real estate and consultant firm Condo Vultures found 5,400 townhouses and condominiums, and 600 single-family homes in Miami-Dade, Broward and Palm Beach counties have list prices of $50,000 or less. Many of these properties are cash only deals and may sell for over list price. The vast majority of the buyers of these properties are all-cash investors who are focused on accumulating rental properties.

Broward County had the most properties available under $50,000 with over 2,400 listings.

Palm Beach County was the runner-up, listing over 2,100 cut-rate properties.

Miami-Dade County was in last place with only 1,587 properties.

 

Breakdown of properties under $50k as of 9/7/2010

Miami-Dade County:

Single Family Homes: 299 Active Listings

Condo/Villa/Townhomes: 1,288 Active Listings

Broward County:

Single Family Homes: 146 Active Listings

Condo/Villa/Townhomes: 2,346 Active Listings

Palm Beach County:

Single Family Homes: 225 Active Listings

Condo/Villa/Townhomes: 1,931 Active Listings

If you would like to know more click here to send me your inquiry.

You may also contact me via email. Click here to send me an email.

Posted by

 

Stephanie Leon

Realty Empire Incorporated
Lic. Real Estate Broker

Contact me at:
Ph: 786-664-7710
Email: SLeon@RealtyEmpire.net

 

 

                        

 

 

 

 

All Rights Reserved. Copyright 2010-2014 Stephanie Leon Realty Empire 

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Rainmaker
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Brittany Stewart
Elite Realty Group of Jacksonville - Jacksonville, FL

Some good deals available!  We're finding it difficult to find financing for the condos, but those that can get great homes for far less than an apartment. 

Sep 06, 2010 11:19 PM #1
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Stephanie Leon - Miami Lakes Luxury Real Estate - Realtor®

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