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Challenging Time For Buyers Of Distressed Condos Focused On Miami's Coconut Grove Neighborhood

Zero Distressed Condos Currently Listed For Sale In Miami's Coconut Grove Neighborhood

(This Report Is Powered By Brickell Ventures LP)

DOWNTOWN MIAMI (March 20, 2020) - No distressed condo units - shortsales and real estate owned (REO) by lenders - are formally listed for sale in Miami's Coconut Grove neighborhood in South Florida, according to a new report from Condo Vultures® Realty LLC.

Additionally, zero distressed condo units are currently under contract - or pending - and waiting to transact in Coconut Grove, according to the report based on data from the Southeast Florida MLS Matrix. 

It is worth noting that zero distressed units were purchased in the Coconut Grove neighborhood of the tricounty South Florida region of Miami-Dade, Broward and Palm Beach between January and December of 2019, according to the statistics.

CondoVulturesRealty.com is a licensed Florida brokerage that specializes in assisting buyers and tenants in value-oriented condo acquisitions and leases in the tricounty region of Miami-Dade, Broward and Palm Beach.