Condo Flip In Deering Bay
December 10th, 2009 Categories:Coral Gables Condos
I was going over some of the recent transactions in Deering Bay and came across Unit 117 in the Venice condo building. Unit 117 happens to be the former residence of Joe DiMaggio but that is not the interesting part about this unit. The previous owners sold the condo to the current owners for $550,000 back in May of 2009 (the property was never listed on the MLS), and the current owners have just listed it at $829,000. It is obvious that this was purchased as an investment, and I’d say that in the end their ROI will be substantial.
If you are interested in purchasing or selling real estate in Deering Bay, Coral Gables, or other Miami areas please give me a call at 305.342.1623 or via email at [email protected].
