Condado condo resold for $1,250,000 six months after a $700,000 buy
A private buyer paid $1,250,000 on June 16, 2026 for Apartment 1004 at 2 Calle Washington, Condado, a unit the seller, Qma LLC, had bought for $700,000 on December 17, 2025. The resale came six months after the purchase, at a price 78.6% higher.
Before that purchase, the apartment had been advertised for $899,000 from July 16 to November 22, 2025, and it sold below that ask. The sale before that dates from January 27, 1995, at $270,000.
A second quick resale in Condado
The company had done the same once before in the neighbourhood. It bought Apartment 404 E at Condominio Plaza Stella for $785,000 on September 30, 2025, and sold it for $1,200,000 on April 8, 2026, 52.9% more after about six months.
On July 1, 2026, two weeks after the Condado sale, it bought two more apartments, units 1403 and 1405 in Cangrejo Arriba, Carolina, for $396,000 and $472,000.
How the price compares
Three other units in the same building, Condominio Condado Princess, sold between December 2025 and July 2026: Apartment 1002 for $920,000 on December 18, 2025, Penthouse 203 for $1,600,000 on June 12, 2026, four days before this sale, and Apartment 1102 for $1,200,000 on July 27, 2026.
Across Condado, 193 apartment sales were recorded from November 2025 to October 2026, at a median price of $375,000. Only 33 of them reached $1,000,000 or more.
