Not a condo, but - you could pick it up at a condo price! Lake Melrose Dr Orlando, FL  32829 (East of downtown) Description 4BR 2.5BA 3778sf+- single-family. Gorgeous home, open and spacious floor plan on a private conservation lot with beautiful landscaping. Tasteful upgrades, pool, huge upstairs bonus room. Study/office off the master suite. Extensive hardwood floors, private gated neighborhood close to everything. Built 2003. Approx .25ac lot. Open House 1-4pm Sun Dec 7th, [...]
According to this weeks Orlando Business Journal (OBJ), the backers of the Blue Rose condo hotel project, could be forced into bankruptcy. A UK-based equity partner, Jaymar Estates, filed a Chapter 7 petition against Blue Rose Orlando LP in Miami. According to the OBJ, South Florida developer Camilo Aguirre labelled the petition as "ridiculous". He claims the developer will file a motion to dismiss it and describes the action as a "power play" to take over the project.
The battle over No View at The Vue condos (downtown Orlando) continues this week as expected. Highwood wants to build a mixed use condo tower between Lake Eola and the Vue condominium, which, if they have their way, would be tall enough to prevent even top floor residents at The Vue from seeing the lake. Just a few months after the Vue's grand opening Orlando City Council approved the new building in September provided it would not exceed 20-25 stories (thereby only upsetting those owners with[...]
The Auction we hosted last Saturday, though a rude awakening for Banks, Builders and Sellers, proved to be a tremendous purchasing opportunity. With luxurious properties and prime lots selling for 25-50 “cents on the dollarâ€, well below replacement costs, the lucky bidders just couldn’t go wrong.  Several of the high bids did not meet the reserve amounts set by the seller, so it will not be clear for a few days how many properties will actually sell for the high [...]
As this weekend's auction winds down (see results above), Condo Metropolis is ramping up for another Orlando condo conversion auction scheduled for later this month at the World Center Marriott Resort. Villa Valencia has 142 condominium units that will be up for auction. For those that don't know it, the complex is on the east side of town near State Roads 408 and 417. The largest condo is about 1,227 square feet and in 2005 they sold for as much as $250,000. At the[...]
Mirabella residences near Disney are now FHA approved - and they're one of only a few condo conversion developments in the Orlando to have accomplished this. So what exactly does that mean? Here are a few notes from the FHA's FAQ page: FHA-insured loans offer many benefits and a level of security that you won't find in other loans including: Low cost: FHA-insured loans have competitive interest rates because the federal government insures the loans for lenders. Smaller downpayment: [...]
Congratulations to my friend and colleague Chocky Burks who now holds the record for the most expensive listing ever sold in Seminole County. Ok, so it's not a condo but I couldn't resist. The buyer, Dwight Howard of the Orlando Magic, has beaten me to the punch to be the proud owner of this extravagant estate. Being that it is my business to tour high end properties across the hemisphere, it isn't very often that a single house truly sticks out as a "must have" for me. For those of [...]
Miriada condos are just 10 minutes from Orlando International Airport and are offering special financing through Wells Fargo. Call us for a tour and you will also get up to 5% of the purchase price for closing costs, HOA dues or mortgage rate buydown! Kitchens have granite, stainless steel appliances with wine refrigerator and more included. Call CondoMetropolis.com on 407-290-3408 or email Info@CondoMetropolis.com
This just in from our friends at CondoDomain: Deal or no deal? Well that all depends on who wins the election. At least for one New York condo buyer, who says if Obama doesn't win then he doesn't want the condo. It's in the contract. You've gotta love it. And you can't blame him. See the original article at Bloomberg.com.
We've put Millennium Palms condos out out there a few times over the last couple of years because it's always been priced below the competition and despite the neighborhood not being the most expensive in town, the pricing and comprehensive upgrades make it trememdous value for money. Now, in an effort to sell out the developer has just introduced the most aggressive pricing we've seen yet. This is rock bottom for this particular community, no question about it. 1BD/1BA   SABAL[...]