Every Condo Must be Sold at Lennar’s Sealed Bid Condo Auction Event

Name your best price on immediate move-in condos at 360 and The Colonnade.

Miami, FL, April 30, 2009 --(PR.com)-- Prospective homebuyers are invited to participate in Lennar’s Sealed Bid Condo Auction event going on now through May 2 at two of their Builder Closeout Communities, 360 and The Colonnade. Both luxury condo communities are located in Miami-Dade County, and have condos that are ready for immediate move-in at drastically reduced prices plus $0 closing costs†.

With only four units available exclusively to cash buyers, Lennar’s 360 Marina Community on Harbor Island in North Bay Village, Florida, provides waterfront condos with boat slips already included. Located just minutes from the famed beaches of “Miami Beach” and the city’s best shopping, restaurants, art districts and nightlife, 360 offers sweeping views of Biscayne Bay and panoramic skylines from the Atlantic Ocean to the Miami cityscape. The private grounds include swimming pools, a bayfront promenade, private marina, state-of-the-art fitness center, and 24-hour security, valet services and more. Condos available are 1,431 square feet and feature two bedrooms, two bathrooms, and a grand balcony with inviting water views.

Located in the heart of downtown Kendall, The Colonnade Community is just North of the Dadeland Mall and within walking distance to downtown Kendall shops, cafes, boutiques, entertainment, Metro Rail and minutes from major interstates and expressways. These condo and townhome residences feature Mediterranean inspired architecture with elegant decorative features such as trellises, awnings and exterior lighting. At The Colonnade your guests will be greeted with luxury from the moment they step onto the paved walkways leading to the elegant 24-hour attended lobby. The community offers residents controlled access to a private parking garage, fully equipped fitness center, a private sundeck with heated pool and spa and more. Floor plans range from 818 to 2,351 square feet of living space with up to two bedrooms and two and a half bathrooms, most with private balconies.

Additionally at The Colonnade, Lennar’s preferred lender, Universal American Mortgage Company (UAMC), is offering lower than market interest rates starting as low as 4.25% (4.25% APR)* fixed for life and a unique 10% down payment program is available to qualified buyers on select Colonnade condos‡.

“Our sealed-bid condo auction event is the ideal time to purchase a new home,” said Frank Fernandez, Director of Sales and Marketing for Lennar’s Southeast Florida division. “There will never be a better opportunity than now; with the ability to set your own price, receive incredible financing, and choose a new spectacular condo home for immediate move-in.”

Interested homebuyers are invited to tour the condos in the community that best suits their preferred lifestyle, and upon having made their condo selection submit their sealed bid forms in person at The Colonnade Welcome Home Center, 8390 SW 72 Avenue, Residence 116 in Miami, now through May 2 by 12:00 p.m.

All bidders will be notified of the status of their bid on Saturday, May 2.

According Fernandez, winning bids must meet the reserve amount pre-determined by Lennar and closing of the property must occur within 30 days of the Agreement date. Buyers must also pre-qualify with (UAMC), and be non-contingent, meaning they must be able to purchase and close on the condo they are bidding on without having to sell another home first.

Lennar is a homebuilder currently celebrating its 55-year anniversary with homes in various markets across the country. Homebuyers can feel confident that with this longevity of solid business practices and financial stability they are buying from a homebuilder who will be here tomorrow.

The Southeast Florida division of Lennar offers a variety of homes from single-family, townhomes, and condominium residences to active lifestyle communities that offer homebuyers the very best amenities. Regardless of what type of home you choose, you will still enjoy the value-added benefits of Lennar’s “Everything you want. Everything you need.” philosophy. Prices start in the $90s and simply include the most desired features in every home as the standard at no additional cost.

For more information on the Sealed Bid Condo Auction Event visit http://www.Lennar.com/Miami or call 866.380.7557.

###
Contact
Lennar
Brandi McDonald
321-446-8967
www.lennar.com/southflorida
ContactContact
Categories