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Dade Bulk Condo Opportunities Abound

MIAMI-CondoReports.com counts at least 200 projects with blocks of 20 or more units.

By Carl Cronan | Updated on March 30, 2009

(Carl Cronan is editor of Real Estate Florida.)

MIAMI-Bulk purchases in the local residential condominium market, where inventory is believed to have ballooned to 40,000 units, have been few and far between thus far in 2009. However, plenty of opportunities to buy blocks of units exist that many investors simply aren’t aware of yet.

More than 200 condo and townhome projects are in Miami-Dade County with availability of at least 20 units, according to Miami-based CondoReports.com. The report draws a distinction between units built through 2007, before the perceived condo market crash, and those closing over the past 15 months.

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