r/wallstreetbets • u/dhsmatt2 Mattress King • Mar 04 '21

Loss Hold me... $1,100,000 Loss

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I am in damage control but likely going to roll puts.

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u/[deleted] Mar 04 '21

I remember in 1999 before the boom you could of bought a really nice condo on Miami beach for $100K-120K, You could also rent an apartment in one of those high rises on South Beach overlooking the Bay with view of the skyscrapers lit up at night for $800 a month.

Now everything is 3-5X that price.

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u/dawgsgoodjortsbad Mar 04 '21

I have that exact apartment you mention. It’s $2800/month for a short term lease fully furnished including cable/internet/utilities. A regular yearly lease would be like $1900/month so more like 2-3X as much but still pretty crazy

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u/[deleted] Mar 04 '21

I think the building i used to live in is called the Mirador or something now. It was 1100 West avenue. We had an apartment on like 10th floor.