Still Crazy!

Greetings Neighbors

Some of the prices we are seeing is getting rather crazy!

There is now a 3 bedroom 2 bath condo on the 4th floor in south Cocoa Beach. Kitchen updated and looks very nice. Priced at $250,000, we are not sure what this will do to the appraisals once this unit closes.

Windrush

The side unit in the tower has been reduced to $199,900 from $220,000. 1st floor, no ocean view,1517 sq ft and a 2 car garage. Nice price!

The 2nd floor unit with sand dollar floor plan is scheduled to close next week. I will let you know what it closes for.

Windward East

The 1st floor unit that is being flipped is still active and still priced at $190,000. Time is getting short for the profit.

The 4th floor unit is still priced at $459,000. This is a tough sell since you can buy a brand new unit with 2000+ sg ft, direct ocean priced at $499,000. I wish them well and hope it sells for full asking price.

The diplomat

Nothing new has occurred and the 2 oceanfront units haven't had price changes.

Activity is still occurring and buyers are still trying to get good deals. The good deals are what is closing. If you are overpriced right now, you may have to ride it out for awhile.

Jim Bagwell