Four years ago, the Marina Grande condominium in Riviera Beach was among the first Palm Beach County condos to experience the buyers’ remorse crowd. As the market for flipping real estate died during early 2007, dozens of investors at Marina Grande scrambled to try to undo their pre-construction contracts.
Now Marina Grande is finding popularity with buyers who can’t resist snapping up the properties at discounted prices.
The sudden interest shows that people will buy condos – at the right price.