Property Description
Kroll Homes purchased this property for the significant sum of $240,000, marking the beginning of an ambitious renovation project aimed at transforming the space into a modern living environment. Upon acquiring the property, Kroll Homes undertook a comprehensive remodeling effort, meticulously updating every aspect of the condo to meet contemporary standards and appeal to potential buyers.
After the completion of these renovations, Kroll Homes listed the property for sale at a competitive price. Remarkably, just one year after the initial purchase, the condo was sold for an impressive $304,000. This sale not only showcased the value added through the renovations but also set a new benchmark in the local real estate market. In fact, this sale represented the highest price ever achieved for a condo in the Racquet Club of Deer Creek, a sought-after community in Deerfield Beach, known for its attractive amenities and desirable location.
What is particularly noteworthy about this sale is the speed at which it occurred. The property went from listing to contract in an astonishingly quick timeframe of just 7 days, a feat that is especially impressive given the unpredictable nature of the current real estate market. This rapid turnaround can be attributed to the high demand for well-remodeled properties in the area, as well as the strategic marketing efforts employed by Kroll Homes.
Furthermore, the closing process was executed efficiently, taking less than 35 days to finalize the sale. This swift closing not only reflects Kroll Homes' expertise in navigating the complexities of real estate transactions but also highlights the readiness of both the buyers and sellers to move forward with the deal. Overall, this successful transaction underscores Kroll Homes' ability to identify potential in properties, enhance their value through thoughtful renovations, and effectively engage with the market to achieve outstanding results.
Property Details
Property Type
Condo
Bedrooms
2
Bathrooms
2
Size
1,300 sqft
Floors
2
Year Built
1983
Property Location
73 Deer Creek Rd i104, Deerfield Beach, FL 33442, USA




