Rae Catanese

Prudential Tropical Realty

Cell: (813) 784-7744

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Bankrupt Developments

It will be interesting to see what these condos will sell for, or if they will turn into rentals.  In the Tampa Bay Real Estate Boom the  Opus South Condo Tower  Developments orginally listed at an average sale price of 700K.  The two developments have been purchased for an average sale price of 137,00 per [...]

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It doesn’t seem like four years ago that we all heard about the old Georgetown Apartments being purchased for a new waterfront community in South Tampa off of Westshore Blvd.  Fast forward to 2009 and the apartments are still there and the property is in foreclosure.  I remember taking clients out showing property and saying [...]

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It’s official!  The new owner’s of The Place at Channelside have decided to turn the condo development into rentals.  What does this mean for people who purchased the condos and are either living there or trying to sell them?  It doesn’t look good, that’s for sure.  You can’t help but feel sorry for those who [...]

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When we first posted this story the auction had not taken place. Click link below for updated sales price for The Place at Channelside The Place at Channelside Auction sells for 21.9M August 20, 2008 Bargain basement: 171 Tampa Channelside condos face bankruptcy auction A bankruptcy judge has ordered the auction of the remaining vacant condos [...]

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It’s been a long road for those who have purchased condos in Channelside. Since we have been posting articles relating to downtown Tampa; I thought everyone would want to hear what’s happening in the Channelside District. The first development to file for Chapter 11 bankruptcy protection was the Towers of Channelside. They are still selling [...]

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