"My lizard"

The picture is one of the pack of curly tailed lizards we have living in front of our office. This is the small one. They have been following me and I think they are planning on taking me down so now I run to my car. They look like those critters that took down the fat guy in Jurassic Park 1.

I follow 1st floor condos closely since I have a 1st floor condo.

There are a couple of 1st floor buys in Cocoa Beach, so tell your friends.

The Beachwinds 1st floor is still available. This is a foreclosure with 3 bedrooms 2 baths and priced at $198,000. 3.5% down payment available, so this is very affordable. Beachwinds is a nice complex I know since I have lived there. The condo fees are $415 monthly.

The 2nd is a unit in La Mer, listed at $199,999. This is another 3/2 and the condo fees are $360 monthly.

Come on, it don't get much better.

Jim Bagwell

Good News

We have learned that a friend of ours and his partner have purchased The Mango Tree in downtown Cocoa Beach and believe they will have a new restaurant open by the end of September. Our friend is from France and his partner is from Italy. They plan on the restaurant being Mediterranean/Italian theme. Please give it a try when they open. Now if we could get someone in Bernards Surf we would be doing better.

Nothing new in our complexes lately.

There is a new listing that is direct ocean in South Cocoa Beach that is in Coral Sands. Great beach and unit has 3 bedrooms 2 baths with 1792 sq. ft. It is on the 3rd floor so the views are incredible. This will be a good buy for someone.

Jim Bagwell

Life moves in cycles

It is amazing how life moves through cycles.
The Apollo program ended in 1975 and sent Brevard into a Real Estate crisis with many people walking away from their homes. 36 years later the shuttle program has come to an end and we are already in a Real Estate crisis but I don’t think we will see it get worse.

The first picture is my son Jay in the Stan this year, the 2nd is yours truly with Sgt. Rock in the Nam almost 42 years ago did I really just say that.

Real Estate


The inventory has gotten so low on oceanfront condos that it is a great time to sell a unit if you want to sell it. We are receiving multiple offers on a lot of condos. If you can price a corner unit right then expect some offers.
Nothing new in our complexes but there are a couple of interesting listings.

The 1st is in Michelina that is 3 bedrooms 3 baths, 2008 sq. ft. and built in 2006. Short sale listing with a price of $430,000.

The 2nd is a 2 bedroom 2 bath direct ocean unit in Canaveral Sands with 1316 sq. ft. and is not a short sale with a list price of $155,000.

Enjoy your day!
Jim Bagwell

Cocoa Beach, Did you know?

In 1942 a German sub sank a ship, the La Paz directly off Cocoa Beach. Naturally Cocoa Beach used the local boys to clean the debri off the beach and salvage the ship. What a place to call home!

picture is a new listing at the end of Newfound Harbor on Merritt Island.


Naturally we go on a lot of listing appointments, one of the arguments that the large companies use is how big they are with more resources. They also use the fact that they have more listings. Now a lot of sellers buy this argument but the truth of the matter is the more listings you have the less attention is paid to your listing and in the modern world everyone has the same resources. Print advertising in today’s market is almost useless. We are driven by the internet but we still have contracts with the newspaper and magazines. The four principle partners of our company worked for several large companies, we started our own company because we desired more flexibility with our clients. As the broker I am proud to say we have some of the best listing agents in Florida.

Waterfront home on Bay Shore; listed and sold by Walker Bagwell Properties in 6 days.

Condo in Cocoa Beach; listed and sold by Walker Bagwell Properties in 90 days.

If we can be of help; call today for a free CMA.

Thanks

Jim Bagwell
321-213-0615

"So the graduations hang on the wall"

"But they never really helped us at all"
"No they never taught us what was real"
Billy Joel

According to the census bureau Cocoa Beach had a population of 12,482 in 2000 and in 2008 Cocoa Beach had a population of 11,920. Recently a motion in the city commission to allow mixed use in the downtown area was defeated by one city commissioner because it might have added 500 more people to Cocoa Beach. It just seems to me that this person was acting in his own interest rather than the people. We could certainly use additional revenue.

A new listing in the front of The Diplomat has come on the market; it is a foreclosure with a price of $96,500. It does appear that all the appliances are still in place.

The condo in Hacienda del Mar is now under contract, this is the one we talked about being a good price. The unit is direct ocean on the 2nd floor with 2 bedrooms 2 baths and 1273 sq. ft. list price of $269,900.

See you at the Pig & Whistle on Sunday 2pm supporting the women USA world cup team.

Thanks
Jim Bagwell

"When everything's made to be broken"

"I just want you to know who I am" The Goo Goo Dolls See I can be almost current!

Picture is the river view at our new listing in the Constellation. Direct ocean and over 2000 sq. ft.


The listing in the front building at Windrush is back on the market priced at $189,900. The owners are still $50,000 over priced and were listed with one of the best listing agents on Cocoa Beach and now have switched realtors. I guess you never know but expect buyers to do their homework with comparables.

The corner unit in Windrush that I told everyone could be a good deal is now under contract. List price when sold was $269,000 and original price of $287,900. This unit needs serious updating but has only been on the market for 79 days when it went contingent. Price it and they will buy!

Walker Bagwell Properties listed and sold the 510 side unit in Windward East in 90 days. Very informed seller!

Call me today for a free search, no obligation!

Jim Bagwell
321-213-0615

"Crazy Chester followed me, and he caught me in the fog"

"Said, I will fix your rack, if you'll take Jack, my dog" The Band I am not sure but these lyrics could be drug induced.

Nothing much new going on in our complexes in the last week.
2100 Towers has a new listing that is a short sale, I know you are sick of me saying that. The unit is a 2/2 with 1600 sq. ft. on the 3rd floor. The condo has good views and comes fully furnished and priced at $199,500.
There are 2 listings in S. Cocoa Beach that could be of interest.
The 1st is in Almar, built in 2006 the unit is a SE corner unit with 4 bedrooms 3 ½ baths with 2713 sq. ft. In my opinion the only drawback to the complex is parking. Each unit comes with a 2 car underground garage but there are very few visitor parking spaces. Priced at $550,000!

The 2nd is in Hacienda del Mar, this is a 2/2 with 1273 sq. ft, priced at $269,900. The unit is direct ocean on the 2nd floor with a one car garage. There are no pet restrictions in this complex. This makes a difference to a lot of buyers, Ada and I have a listing in Indialantic that is a 3/2 SE corner and priced at $279,000, this complex allows no pets so we have lost 4 contracts so far this year.

Walker Bagwell has a new listing that I like very much. The unit is in a building that has only 4 condos. The condo has 3/2 with 1548 sq. ft. and very much direct ocean. You can sit on your large porch and enjoy the ocean. The beach is in my opinion one of the best in Florida. The dues are $125 monthly with a yearly insurance assessment, which has been running approx. $1400 yearly.

Tell your friends!

Jim Bagwell

"Business men drink my wine"

"Plow men dig my earth" the incomparable Bob Dylan, I think I like Jimi Hendricks' version better.

The picture is of Villa Verde in South Cocoa Beach. This complex is only 9 units and was contructed to be luxury condos in 2007. Unfortunately they were finished at exactly the wrong time. There are now 5 units on the market by the investor, these units are priced from $435,000 to $495,000 depending on the view. They all feature 3 bedrooms 3 1/2 baths with 2875 sq ft. The original owner also has his penthouse on the market for $1,350,000 and this unit features 12000 sq ft with 4 bedrooms 4 1/2 baths with all the toys including private elevator, servant quarters and roof top garden.

The drawback to this complex is the health of the association. There is no way this was turned over to the association since there were no sales. Originally they stated the fees were $1000 monthly now it is to be determined. Taxes are up to date but I doubt the complex is fully insured. Here is a perfect example of doing your due diligence before pulling the trigger. Seek advise!

Enjoy the 4th and your freedom. I don't feel that some people give enough credit to our allies in our war efforts. A lot of other countries have made the ulimate sacrifice of their young soldiers by helping America.

Jim Bagwell