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MIAMI—The Astor Companies just released 59 units at its Nordica Condominium. Developed in 2007 at the height of the Miami real estate boom, Astor retained ownership of the units with the turnaround in mind.

In the wake of a $300,000 renovation to the property’s units and common areas, Astor is putting the 59 condo units back on the market. It’s a strategic move considering the strength of Miami’s real estate market—a market in which luxury properties are once again selling at a premium.

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