Topic: $2.4M condo- Ft. Lauderdale FL on Isle of Venice off Las Olas Bl, 0.5m to beach (Read 354 times)

The unit for sale is the southeast corner penthouse, and will include a 1,000+sqft rooftop terrace, (right above the unit) which will have a pool and gas/electric, as well as 1,000+sqft of wrap around balcony.

The 3134sqft unit was contracted preconstruction over a year ago with a payment schedule of $400,000, $300,000, $300,000 and an additional $1,000,000 due at closing. All of the payments are already made, excluding the final million. The completion date for the building is February 2016.

Property in this area has enjoyed a substantial increase in value since the contract was signed and now I'm looking for an investor or prospective owner to take over the contract. Comparable units under construction in the area command over 2.4M, and it only looks like the prices will continue to increase along with all the development.

The contract buyout would be the agreed upon sale price of the unit minus the final $1,000,000, which the buyer would pay the developers at closing.

The following is a link to floorplans and renderings of the building and unit: https://www.dropbox.com/sh/ip9kojtcxtctaq2/AAAUrdiuIEYOh225bU1HsjpZa?oref=e&n=418906918

Contract stipulations prevent me from listing this unit on an MLS, which has made selling this unit by word of mouth basically my only option. I have a Florida real estate license, so hopefully this buyout can be accomplished without commission or the services of another broker.

Hopefully there are still a few bitcoin millionaires out there looking for a luxury condo, a nice bachelor pad, or a very solid investment. The contract buyout can be paid in bitcoin, but the closing million dollars and the closing costs will have to be in USD, unless you would prefer some representative other than yourself sell your coins for USD in order to make those payments on your behalf... The developers and closing costs unfortunately can't be paid in bitcoin.

I am motivated to sell this contract, send me serious PMs please. If you are a real estate broker and believe you can sell this to someone in your network, feel free to contact me, if the price is right, the commission will be 6 figures. please don't waste my time.