I see this question is an older question and asked very often today. Here is what I am seeing in the market today. The current market is very tricky. Certain areas have been hit very hard and some areas haven't been hit so bad. The ultimate question is what is your current financial situation. If you can hold onto the property over the years my opinion is that you should see an increase in the pricing. A lot of times for example if you rent the apt you would be at a negative cash flow. Example: add up all the costs to hold. Mortgage, maintanence, property tax, vacancies, repairs, etc. Let's say the $380K apt costs you $3500 a month. Most likely the rent will not offset the total holding costs thus giving you a negative cash flow. If you are financially able to "hold tight" for a few years in my opinion you will be much better off. If you cannot "hold tight" then you have no choice and have to sell. If selling I suggest you price it well. The days of pricing it high to see what happens are over. Review the comps and price accordingly or depending on motivation price it lower. I see this questions all over the Aventura market in these buildings: Porto Vita, Turnberry, Williams Island, and more.