The Real Deal Miami

Condo auction a big draw

November 10, 2008 10:46AM

More than 1,000 people toured the West Palm Beach condominium project,
Edge, which is auctioning off its 156 unsold units in a fire sale Saturday. Prices at the
307-unit project are selling for discounts as steep as 72 percent; one
unit is priced at $95,000, down from its original
asking price of $337,000. About 220 prospective buyers have registered
for the auction.