Pinnacle #604 – Pending

550 Front St #604 / Pinnacle #604 – Floor Plan – Pending

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This 6th floor corner unit which is being flipped is now in escrow.  It was purchased just a month ago for a price in the high $800,000s which I thought was very high to begin with.  The new asking price puts it on par with the asking price for the middle unit which faces east on the 14th floor.  I think it’ll be a big time uphill battle for the seller, but with the low inventory, stranger things have happened….  I’ll be amazed if it sells within the range, and we’ll find out within a few weeks.  This would set quite a precent if the sale does go through for this type of price on a lower-level unit.

Pinnacle #604 – Re-Listed

550 Front St #604 / Pinnacle #604 – Floor Plan – Re-Listed – $1,089,000

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This 6th floor corner unit being flipped, but after about 6 weeks on the market at a very high price, no takers and the listing has expired and as expected has been re-listed to reset the clock on the market time..  It was purchased just a month ago for a price in the high $800,000s which I thought was very high to begin with.  The new asking price puts it on par with the asking price for the middle unit which faces east on the 14th floor.  I think it’ll be a big time uphill battle for the seller, but with the low inventory, stranger things have happened….

Pinnacle #604 – New Listing

550 Front St #604 / Pinnacle #604 – Floor Plan – New Listing – $1,090,000

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This 6th floor corner unit being flipped.  It was purchased just a month ago for a price in the high $800,000s which I thought was very high to begin with.  The new asking price puts it on par with the asking price for the middle unit which faces east on the 14th floor.  I think it’ll be a big time uphill battle for the seller, but with the low inventory, stranger things have happened….