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400 Beach Market Update 12-1-2011

400 Beach lobby

Lobby at 400 Beach

 

 

 

 

 

 

400 Beach Market Update as of 12-1-2011 shows:

Actively for sale at 400 Beach:  Condo prices for the 2 condos offered in the MLS on December 1st ranged from $1,180,000 to $1,995,000.

Sold condos at 400 Beach:  No condo sales closed in November.  11 units have sold in 2011 ranging from $640,000 to $1,300,000.

Rental condos at 400 Beach:  As of December 1st, no units were currently offered for rent.  So far this year there have been 3 rentals, ranging from $2,700 to $4,500 per month.

Call 727-898-2582 or email The Simms Team at ALVA International, Inc. for additional information on 400 Beach or to see any available 400 Beach condos for sale.

 

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Update on 400 Beach luxury condos in downtown St Petersburg

400 Beach luxury condos in downtown St Pete

400 Beach luxury condos in downtown St Pete

The 18 unsold condos at 400 Beach still owned by the developer when Opus South filed for bankruptcy will be owned by the lender, Wachovia Corp, which is now part of Wells Fargo, according to a news release by the Tampa Bay Business Journal.  Redus 400 Beach LLC had the winning bid of $9 million at the October 1st auction.  The deal is expected to close by October 16 and Wachovia will still have to decide if it wants to sell the units individually or in bulk. The condos range in size from 2,395 sq ft to a 7,000 sq ft penthouse.

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