My client closed escrow earlier today on a studio in one of my favorite South Beach buildings at 88 Townsend. Listed at $469,000, #123 is well appointed and also has its own private outdoor patio.
Buyers are certainly snapping up homes in the South Beach and SoMa neighborhoods lately. In the second quarter alone, a total of 137 condos/lofts were sold, at an average price of $749,130. Call me if you’re interested in 88 Townsend; a new junior one-bedroom just came on the market at $529,000.