Not your typical conversion. Only 272 units in 17 buildings. 50 units remain. All townhome style garden homes.

Waterford Lakes Area
Built between 2004-2005, Located 5 Minutes from UCF and UF campus, near one of Florida's Largest Shopping Outdoor Malls, Burnham Medical Research Institute, New VA Medical Center, 20 min Airport, 20 min from Downtown Orlando, 30 min to Theme Parks.

Here is the situation.
2/2 Kensington $199,000 was $239,900 $40k reduction, Originally $259,900
2/2 Grecham $189,900 was $224,900 $35k reduction, Originally $245,900
2/2 Eastgate $181,900 was $224,900 $43k reduction, Originally $245,900
2/2 + loft Somerset $214,900 was $255,900 $41k reduction, Originally $279,900
3/2 Waverly $219,900 was $259,900 $40k reduction, Originally $289,900

In addition they will credit $5,000 in closing costs and Pay the HOA fees for 2 years. If you wish the credits can be applied directly to the price of the property.

They will be out of units by the end of March. These prices are below what the lender has owed (ShortSale), Bank does not want REO property, and developer is having to make up the difference.

Email me for pictures and additional details.