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Old 08-04-2010, 09:23 PM
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Things are pretty bad down there My Dad who passed last year had a condo in an older 55 plus development.He paid
55k for it in 91.His wife just sold it for 54k.
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Old 08-04-2010, 09:31 PM
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i see dozens in the North Miami area in 8-10 story buildings for 75k and less??? I'm online right now looking at 2 that are on the river with community boating rights for less than 60k. Am I missing something???
Probably right on 135th Street? It can't be that bad, that's where LipShip is. You have to check 'em all out; some are decent, some aren't. But they're all pretty much old which means costs will only go up. And like Jupiter says, the monthly maint. keeps a cap on the value. The thing about condo taxes for "homesteaded property", with a $50k exemption you pay squat for a $100k condo.

My dad bought a 1BR in hallandale that just happened to have tons of dock space and a park. So clueless they don't even know how to charge for the space. Paid $30k 15yrs ago, went up to $150k at the peak, and now probably back to $30k. Stupid low monthly pmt and taxes, and he gets free dock space (until they eventually figure it out.) And he stays at his GF's house most of the time...
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Old 08-05-2010, 10:28 AM
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Things are pretty bad down there My Dad who passed last year had a condo in an older 55 plus development.He paid
55k for it in 91.His wife just sold it for 54k.
You did well, surprised you got that much in an over 55.
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Old 08-05-2010, 12:09 PM
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You did well, surprised you got that much in an over 55.
It was nice just older with a golf course in Jupiter.Went on zillow the other night thing was worth 195k at the high point.
I was totally out of it his wife dealt with it
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Old 08-05-2010, 12:54 PM
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Greg,

Can you send me a PM with your number? Thinking about buying a condo in Miami-Dade area.

Thanks
Just fly down to FLL and check any moving garbage can.....

Ahhh the good old days!
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Old 08-05-2010, 01:09 PM
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garbage can man was steve
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Old 08-06-2010, 07:15 AM
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garbage can man was steve
Ok but they were so close!
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Old 08-06-2010, 09:44 AM
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what's the deal with NW North River Drive and NW Sout River Drive in North Miami? The area I am looking at is near Sewel Park and is near the the NW 17th Ave bridge...is that the ghetto?
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Old 08-06-2010, 01:57 PM
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what's the deal with NW North River Drive and NW Sout River Drive in North Miami? The area I am looking at is near Sewel Park and is near the the NW 17th Ave bridge...is that the ghetto?
ohh yea anything west of biscayne all the to nw 42 ave (Le Jeune ) is the GHETTO...not where you want to be in Miami
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Old 08-06-2010, 07:44 PM
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what's the deal with NW North River Drive and NW Sout River Drive in North Miami? The area I am looking at is near Sewel Park and is near the the NW 17th Ave bridge...is that the ghetto?
Those are on the Miami River. That's not "North Miami" the city. Some of it may be within the city limits of "Miami". BIG difference. Think Little Havana/Hialeah/Opa Locka for stuff on the Miami River.

Have to check out zip 33181 and see what those are like on the canals.
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