Sunday, February 6, 2011

"Cause its a silent night in the sea"

"and if you're cosmic'ly conscious you'll see"  The Beach Boys

Picture is from the 7th tee box on the river course Cocoa Beach
Thank goodness there were no injuries in the 2100 Towers fire and the damage was contained to one unit.  Sprinklers do work!

There is now only one Diplomat listing on the market, it is in the front buildings and priced at $84,900.  It now seems this is the market price for the front units.

There is a new listing in Windward East.  Another 1 bedroom 1 bath direct ocean, 4th floor and priced at $179,900.  Now there is this one and another on the top floor priced at $199,900, these units do have around 900 sq. ft. which makes them nice for a winter retreat and rent the rest of the year.  This has been a good winter to have a retreat for our northern neighbors. 

So far in 2011 in all of the Cocoa Beach/Cape Canaveral area (waterfront or not) there have been 42 condos sold.  These have sold for $17,900 small unit in Cape Canaveral all the up to $545,000 for the Meridian that we have mentioned before.  The interesting fact to me is that not long ago most oceanfront condos sold between $300,000 and $400,000.  So far this year no condo has sold in that price range, the most popular selling price is between $200,000 and $300,000.  Of the 42 sales, we had the one at $545,000 and one at $440,000, both of these are newer units with over 2000 sq. ft.

Enjoy the Super Bowl and the commercials

Jim Bagwell 

 

No comments: