Tradewinds Condo Auction 100 Will Sell Absolute! No Minimums! No Reserves! Saturday, March 29 2008 at 11:00AM The owners of Tradewinds condos in MetroWest Orlando, have decided to take their chances at auction, after a series of no-go, low-ball offers from investors, There are still over 200 condos at Tradewinds, and the first 100 will be sold "absolute" (regardless of price). The remainder may be added depending on the outcome of the first 100. There are 1 & 2 bedrooms available with [...]
Solaire Practice Auction For those who register, there will be a practice auction on February 29th at the Embassy Suites Hotel in downtown Orlando. The Solaire practice auction will demonstrate the auction process and help you become more comfortable for the March 1st event. The practice is also a great time to ask the auctioneer any questions you may have about the auction process. For more info on the Solaire auction see our previous postings. You can use this form to begin [...]
We were downtown Orlando at the Solaire condos again this weekend registering buyers and touring for the upcoming auction on March 1st. One of the units that's not included in the auction (you wish) that we had to share with you is the 2-story penthouse on floors 29 & 30. Reasonably listed at $995k, the professionally staged (Home Staging Design Pros) condo features 2323 square foot of premium space with floor to ceiling glass and unparalleled views of the city. On the other side of the [...]
Of all the condo hotels in Orlando, there was something special about the International Plaza Resort & Spa on I-Drive. Formally a Sheraton, it converted to a condo hotel a year or two ago and has been taking reservations ever since. With over 1100 rooms to sell, it was always going to be a tough project but it had that special "vacation feel" which made it desirable - as well as the best location in Orlando - just a stone's throw from the Orange County Convention Center. As a [...]
Below is a sample of the Solaire condo's auction inventory. Call us if you would like the full list or a pre-auction tour. The Solaire auction is a 'minimum selling bid competitive auction'. There will be a total of 42 Solaire condos for auction comprised of one- and two-bedroom units. The requirements for the auction are that a buyer must be pre-registered as a bidder, be pre-qualified through one of two lenders (or provide proof of funds if a cash buyer), and be able to attend the auction [...]
The Comeback Condotel: Just when you thought that any condo hotel that wasn't already built was dead (as well as some that are), the Intercontinental Group are making a come back with Palazzo del Lago. What: The Great Taste Show: Orlando's newest luxury residences. Where: The Travel Channel: Sunday February 10th When: 7am - Eastern & Pacific Time; 6am - Central Time; 5am - Mountain Time (ouch) Be there - or be in bed (I'll be in bed).
SOLAIRE Auction Update: Auction for the Solaire condos at the Plaza will be held on Saturday March 1st 2008 in Orlando. 42 Luxury condos will be auctioned: 1 bedrooms will start at $170k; 2 bedrooms at $250k. We will be registering potential Solaire buyers starting on Saturday at 11am - 5pm. Pre-qualification through a preferred lender will be required. Contact us for more details and to register - all buyers must register prior to the auction which will take place downtown Orlando. [...]
Downtown Orlando's Solaire at the Plaza is great condominium.But like most downtown condos, it's had its fair share of problems. Now, after a number of sales and marketing companies have come and gone, each turning down offers from both individuals and bulk investors, several reliable sources suggest that the developers (Wood Partners) have decided to take their chances at auction - and Condo Metropolis has heard that a press release is expected on Friday 8th February, 2008. The Orlando [...]
Readers of our condo blog like one thing the best: The fact that we tell is like it is - good or bad. We highlight the good, but if there are shady goings on out there, we tend to speak up about that too. Lucas Lechuga is our counterpart in Miami. Buyers love his condo blog - developers, well, not so much. Tibor Hollo, the developer of the Miami condo "Opera Tower" has just filed a $25M lawsuit against Lechuga for making a comment in one of his blogs that he gone [...]
Serra Vella condos in Altamonte Springs, Orlando have always been a good deal in a decent neighborhood. Last week the deal began to look even sweeter as prices dropped another $10k making them pretty irresistable for those hoping to buy an Orlando condo in the $90k - $130k price range. You can now pick up a studio for $80k; a 1/1 for $82k; a 2/1 for $110; a 2/2 for $120k and a 3/2 for $160k. Let us know if you'd like a tour with us. You'll get 2 years HOA payments [...]
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