Condo Conversions are Hot!

August 26, 2009

Condo conversions or condominium conversions is the process of entitling an apartment orcondo-conversion income property owned under one title and converting it  from sole ownership of the entire property into individually sold units as condominiums.  In the past two years many condo conversion developers have moved to backward conversions, stopping sales of condominiums and starting to rent these new homes as apartments again.

Thousands of beach front, waterfront and garden style condominiums are currently in foreclosure in south Florida (Miami, Ft. Myers, Ft. Lauderdale, Naples, and West Palm Beach.  We represent builders that have left over inventory New Construction and Condo Conversions available for sale as bulk.  Prices start at $50,000 a unit.  If you are looking for Vulture Style real estate opportunities consider South Florida.

For more information on available inventory contact:

Alejandro Fernandez, MBA – CEO / Broker

1-888-815-1155

miami-beach1