Some condo builders remain bullish [South Florida]
Insiders think the middle market, around $400,000, still has life left in it.
“The real estate market has its ups and downs, but we have a positive outlook,” said Brad West of Far West Properties, part of a group unveiling plans for Villas on Grove, 16 townhomes in the Round Lake area. “There are still some bargains to be had.”
West said the pricing is not yet firm on Villas, but it’s likely to resemble that of Round Lake Chalets, a development on Ninth Avenue N that West has almost completed after selling its 11 three-story units for prices that ranged from $350,000 to $450,000.