There was a unit very similar in characteristics to yours that closed 3/31/11 for $25,000. It was on the market for over 6 months. It is a second floor unit, 3 bed 2 bath with 1183 Square Feet.
Chances are, your buyer would need all cash to purchase, and it may be that there is an investor who would be the buyer. I would want to be familiar with the association rules on renting the unit, and also be familiar with how much rent similar units are able to obtain so the investment potential can be ascertained.... more