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Ritz-Carlton Residence Goes To Auction: Originally $1,825,000, Now $600,000*

Ritz-Carlton residence number 1502, a 2 bed, 2.5 bath, 1195 square foot condominium, originally listed for $1,825,000 back in 2008 is going to auction on December 10th…and there is no minimum bid. The current list price is $949,905, and as the spam asks, “WILL YOU BE KICKING YOURSELF IF THIS RITZ-CARLTON CONDO SELLS FOR ONLY $600,000?”

Good Lord! If it sells for $600,000 we’re all f*cked…pardon our French. Of course, if you’re a buyer, you’ll be thrilled.

SanFranRitzAuction.com
Current MLS information
*The asterisk in the title clearly relates to the email we received and does not indicate the property sold at $600,000…although it could.


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alexclark

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4 thoughts on “Ritz-Carlton Residence Goes To Auction: Originally $1,825,000, Now $600,000*”

  • Brian

    December 13, 2010 at 12:00 pm

    I suspect the HOA dues of $2400 have been the obstacle in getting this one sold at $949.

    Reply
  • MH for Movoto

    December 20, 2010 at 10:19 am

    wow. oh, to have a few extra 100k’s lying around, right?

    Reply
  • Meredith

    January 7, 2011 at 9:23 am

    looks like a great deal! wow

    Reply
  • Barrie Real Estate

    January 19, 2011 at 1:16 am

    Wow! This is business. Maybe the owner is too desperate to sell the property. This will be mocked on by buyers. Auction will be fun for this.

    Reply

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