There was a 1 bed 1 bath unit sold in July for $161K. This could be a bank repo that was returned to the banks for the amount owed. There was a 2 bed 2 bath unit sold in July for $221, it could also be a bank repo. There was a comment in the MLS about special qualifications needed for discount and to go to the Office on Federal Blvd or something. This may be a unit that was set aside for Low Income Family. Other then these two sales, most recent comps are 275-279K (March 2007) for 1 bed, and 360-393K(March 2007) for 2 bed. It would be very interesting if these are sold near starting bid price, that would be 50% off from height of market. This information was given to me over the phone from my broker uncle.
