Word is that when Unit 414 in South Beach's Oriental Warehouse sold last week, it was the building's "first sale in over year." The 2-bedroom corner loft went for $1.15 million, or a little over 10 percent lighter than the $1,310,000 it sold for back in 2007. In total, there are 66 live/work lofts in the building, of which it appears two are for sale and one is contingent. Maybe whatever bad voodoo there was is clearing up.
· 650 Delancey St #414 [Redfin, via Curbed Inbox]
· Ask Curbed SF: Compare and Contrast at Oriental Warehouse [Curbed SF]
· PriceSpotter Big Reveal: The No-Longer-Oriental Warehouse [Curbed SF]