Purchased for $1,150,000 in October of 2006, the two-bedroom 41 Federal #21 returned to the market last month listed for $1,149,000.
The sale of the 1,365 square foot Shoreline condo #21 closed escrow on Friday with a reported contract price of $1,135,000, one percent below its sale price in 2006.
∙ Up, Down, And Back Again In South Beach [SocketSite]
∙ The Scoop On The Shoreline (41 Federal) [SocketSite]
It did have some nice finishes, but $832/sqft !