Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Condos for less than a new car

Home prices are plunging, and some of the best bargains are condos. Here are 8 that can be purchased for less than the cost of a new Prius.

1 of 8
BACKNEXT
Deerfield Park, Fla.
Deerfield Park, Fla.
Price now: $25,000

Beds: 1
Baths: 1.5
Square feet: 770

Description: Money Magazine recently rated Deerfield Beach the top place to live for affordable homes. It's just north of Fort Lauderdale on the Atlantic Coast and less than an hour from the attractions of Miami.

The condo is spacious and has a half bath, a screened porch, wood floors and is in move-in condition, according to agent Jana Brittenum of Keyes Real Estate. The corner location in the complex gives it nice garden views.

The condo community has good recreational facilities with a swimming pool, clubhouse and exercise area, but maintenance charges are a modest $180 a month.

The last time the unit sold was in 2005 when it went for $115,000. Why so inexpensive now? For one thing, it's a short sale, which the lender will have to approve. Also, the condo association's bylaws prohibit renters, so any buyers would have to want to live there.

For more information: Trulia
NEXT: Miami, Fla.
Last updated August 02 2010: 3:50 AM ET
  • Find Homes for sale
    Real estate and homes for sale on Trulia

  • Property Type
  • Find a home in:
  • New York | Atlanta | Chicago | Los Angeles
  • Washington D.C | Houston | Philadelphia | More options
More Galleries
15 top-paid CEOs The 15 highest-paid corporate chiefs in America took home nearly $700 million last year -- about $47 million apiece on average. Expedia's Dara Khosrowshahi tops the list -- with $95 million in total pay. David Zaslav, who was no. 1 last year moves down to no. 15 this year. More
Driving Bentley's new SUV Spending an afternoon in Bentley's luxurious new $230,000 SUV. More
Best cars for the super-rich The Robb Report has selected these as the best new cars and SUVs for anyone who doesn't have to worry about how much they spend. More

Special Offer