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Stephanie Leon's Thoughts

All About Real Estate

By Stephanie Leon 786-664-7710 | Agent in Miami Lakes, FL

South Florida Properties Under $50,000

 

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 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.

Stephanie Leon
Avanti Way Realty 
   

Comments

By Celinagr,  Thu Feb 21 2013, 06:35
Under $50 in Plant City,
By Celinagr,  Thu Feb 21 2013, 06:36
Can be Valrico, Dover and Plant City
By Yaya1nycnj,  Sun Jun 16 2013, 22:02
I been looking in Davie and Plantation and I havent found anything for anywhere near this minus a couple 1 bedroom townhouses

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