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Altos de Miami has centrally located units from $99,000

Despite all the doom and gloom in the real estate market, one builder is offering a promising solution for first-time buyers, says a spokesperson for Altos de Miami Condominiums.

The condominium offers prospective buyers the opportunity to purchase a home in a stable and secure condominium community, says the spokesperson.

Under a new developer, the units have been upgraded to move-in condition, a newly elected condo-board has been established, a stabilized operating budget is in place and FHA approval is expected in early November, says the spokesperson.

With all of these positive aspects, Altos offers a stable condo-community removing any of the concerns a first-time home buyer might have, says the spokesperson.

Additionally, Altos de Miami has a dedicated local lender and a private lender for FHA or conventional qualified buyers, adds the spokesperson.

The condominium provides buyers the opportunity to close before the end of November to take advantage of the $8,000 first time home buyer tax credit, says the spokesperson.

Altos de Miami offers one-, two- and three-bedroom units as well as two-story loft penthouses from $99,000 to $299,000.

Those who can afford $1,100 to $2,900/month and have 3.5 percent down-payment can own a home at Altos de Miami, says the spokesperson.

The condominium is centrally located at 22nd Avenue and West Flagler Street in Miami, within minutes of Brickell/Downtown, UM/Jackson Hospital District, the University of Miami, Coral Gables, Coconut Grove and Miami International Airport.

The onsite sales office, in unit 1602, is open from 10 a.m. to 6 p.m., Monday through Friday and 10 a.m. to 4 p.m. on weekends.

For more information or a private showing, call 786-431-1875 or Brian Carter, P.A. Douglas Elliman Florida, LLC at 305-582-2424 or e-mail at