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Deering Bay: Sold For $1,378,000 in 2006, Now Asking $1,099,000

March 5th, 2010 Written By

Deering Bay Condominium

We all know that most condominium buildings in South Florida have taken a big hit in the market crash.   But in Deering Bay, most of the units on the market are now asking much more than they sold for just a few years ago.

When doing some research for a client, I noticed that the owners of Unit #1001 in the Verona building are acutely aware of the market conditions.  They purchased the property for $1,378,000 in 2006 and are now asking $1,099,000.   The unit is updated with ebonized mahogany wood floors, silhouette and black out shades, new appliances, crown moldings and many more special features.  The unit has wonderful views of the Deering Bay Lagoon and golf course.  Other details include: 2,740 square feet of living space and 4 bedrooms, 3 baths.  Broker is Miami Real Estate.

As I have mentioned many times before, I have an agent on my team who lives in Deering Bay and specializes in Deering Bay real estate.  She offers a very unique perspective on the market and the community there.  If you are interested in seeing this condo or any other properties in Deering Bay please give me a call at 305.342.1623 or send me a note here, our team would be happy to assist you.

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