"I don't need an invitation"

"If you've got a game of chance" Easy Money Billy Joel

THE PROMISE OF EASY MONEY HAS HURT A LOT OF PEOPLE NOT ONLY IN COCOA BEACH BUT ALL OVER THE NATION.

The picture is of the Enclave in Cocoa Beach. This complex was built by Enclave Three Hundred LLC at the worst time possible. They were originally listed over a million and several closed for $945,000. We are closing one today for $490,000. The unit has 3463 sq. ft., 4 bedrooms 3 baths,3 car garage,pool,private elevator and top line appliances. This is called a private home since it is not connected but the separation is minimal. There is only one left on the market with a list price of $549,900.

In our complexes there are 3 under contract with 2 in 2100 and 1 in Windrush. That only leaves 11 active listings in Windward,Windrush,The Diplomat and 2100.

The shortage of inventory is actually lower in single family homes than condos.

Thank you
Jim Bagwell