Short sales aren’t for the faint of heart or the impatient. But if you’re up for the challenge check out unit 306 at Portofino Lofts (417 E Pine) in the Pike/Pine Corridor that just hit the market at $349,950 (they paid $430k in September 2006). It’s 830 square feet and sports a tricked out kitchen with “cement countertops, maple cabinetry, multiple-SubZero frig & freezer drawers, Dacor oven & Gaggenau cook top” (no fridge!):
As well as a custom steel & wood staircase leading to a 2nd floor loft:

Current average appraisal:
$327,000
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