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Wind Condo Agent Claims Most Remaining Units Sold

MIAMI-Fortune International says half its buyers are local, with others mainly from Latin America.

By Carl Cronan | Updated on February 16, 2010

MIAMI-Two months after taking over sales at the Wind condominium tower, locally based Fortune International says it has secured buyers for 95% of the remaining inventory of 150 units. The new owners are evenly split between South Florida residents and international investors.

Fortune worked with Atlantic and Pacific Cos., the court-appointed monitor for Wind, to sell the remaining condos in the 41-story, 489-unit building overlooking the Miami River. Units were priced from $160,000 to $450,000, a 15% to 30% discount from original asking prices, for corner-view units ranging between 765 and 1,617 square feet.

“Even in challenging times, our local and international networks achieve results,” says Edgardo Defortuna, president and CEO of Fortune. He notes that most of the international half of buyers are from South America, in particular Venezuela and Argentina.

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