The Lexi Condos North Bay Village; It’s been quiet so far this week on rentals. Last week we brought in 2 couples. The two couples I’ve taken in really loved what your condo had to offer but didn’t return my follow-up call. The best couple was the offer at 2-3 years at a discount, but like Andrew, we think it’s priced well (1750 sf) at $2,400/month! I’ll keep you posted with each showing…
And also, if the unit was listed now, what and how long would it take to sell?
If it were 5-10% less than the other units at The Lexi, it would be the first to market. On the flip side, it would deliver a premium price when factoring in a high-floor, finished condo compared to the majority of ‘raw’ units. Today there are only 10 units for sale at The Lexi ranging from $455,000 to $639,900, and in analyzing North Bay Village real estate and other condos such as 360 Condos, The Bridgewater, Eloquence, Space 01, and Blue Bay Tower, my gut feeling is Lexi Condo Values selling at approximately $300 psf. The corner units are rare, there are zero pending sales, and so far, there seem to be fewer than 3 lights on in The Lexi at night.
Best regards to both of you, and please fire away with any other questions or concerns!
Think Big, Aim High, Act Bold,