"Hell is a popping"

I quote my dear father.

Cocoa Beach water hazard!  Ada and I were on the lakes course hole 9 when we saw this guy sunning himself.  It was a great day for sunning.  If you want to have a laugh just wait till some guy goes to retrieve his ball from the water and one of these guys does a flop.  I know I have issues but have to laugh every time.  I love to hear men squeal like girls.

We now have 10 active listings in our 4 complexes with 3 in Windward East, 3 in Windrush, 3 in 2100 Towers and 1 in The Diplomat.

The Diplomat;  there was a listing that came on the market in the front building that needed complete renovation listed at $75,000.  It went under contract the same day.  I would think the agent already had a buyer before they put it on the market.  I believe I could easily renovate a Diplomat for under $25,000 and then you could have a great unit for rental income.

Windward East unit 406 is still on the market for $325,000.  There has to be some unknown circumstance on this unit as it has been on the market for 837 days.  The unit is dated but with great views.  I am going to do more research.  This unit should sell!

Enjoy the weekend!

Jim Bagwell

Sitting on top of the World

Not on top of the world but the top of Cocoa Beach!
New listing in 2100 Towers that is on the 12th floor.  This unit is only 1600 square feet with 2 bedrooms 2 baths but you are buying the views and wrap around balcony, listed at $499,000.  This unit is a NW corner so the views to the north and the river are incredible.

There is also a new listing in The Diplomat priced at $125,000.  The unit is in the front buildings on the north side.  The unit appears to be in pretty good shape but priced above the comps.

Enjoy a great weekend of football!

Jim Bagwell

Hot off the press

This just in, there is a new listing in Windrush that is ground floor with 3 bedrooms 2 baths and over 1600 square feet.  This unit is priced at $222,000.  This is a very good price and the dunes are well kept unlike Windward East therefore the views are much better.  This one won't last long as it is a NE corner unit and walk right out to the beach.

Act today!

Jim Bagwell

"They'll stone you when you're tryna make a buck"

"They'll stone you and then say good luck"  Bob Dylan from Rainy Day Women

View from Windward East of sunrise unit 208, priced at $239,000.

There is a unit in Windrush with good side views on the 6th floor just listed for $285,000.  This unit features sand dollar floor plan with 1517 square feet, the unit is under contract after 6 days on the market.

Another unit in 2100 is also under contract with a list price of $175,000.

This must drive appraisers crazy.  A unit in Windrush showed up on my hotsheet as a new closing.  Now I am thinking, there wasn't one under contract so much to my surprise the unit closed in May 2012 but didn't get closed on MLS until November.  Hopefully most appraisers didn't take the MLS route but used Brevard County Appraiser site or they would have missed this one.  The unit was a side unit on the 5th floor listed at $200,000 and closed for $199,500.

Enjoy the day!

Jim Bagwell 

"Political language..."

"is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind."  George Orwell

The Cocoa Beach election turned as ugly as the national election with accusations and allegations flying everywhere such as stalking, sign stealing and mud slinging.  I am glad it is over for awhile.

One new listing in Windrush a side view unit on the 6th floor features sand dollar floor plan and priced at $285,000.

Another unit in 2100 went under contract it is a 2nd floor unit with 1600 square feet, 2 bedrooms and 2 baths.  The list price was $175,000.

Jim Bagwell

"People's number one fear is public speaking"

"Death is number two.  That means if you go to a funeral, you're better off in the casket than doing the eulogy."  Jerry Seinfield  Jerry is coming to the King center in 2013 tickets start around $75  Wow

Where are the investors?  Sign is on .71 acre on the ocean, bank owned and priced at $950,000.

Still nothing new in our complexes, the 2 under contract closed in 2100 Towers and that leaves 8 active listings in our 4 complexes and none under contract.

It was a busy October for oceanfront listings with 17 new listings priced from $124,900 to $549,000 or $208.37 per square foot.

There were 15 sales of oceanfront condos in October priced from $65,000 to $690,000 or sold at $195.69 per sqare foot.  I am proud to say that Walker Bagwell Properties participated in over 30% of these sales.  If you use these actual figures then a condo like the one we have listed in Windward East on the 2nd floor with 1314 square feet should be priced around $257,000, since it is a side view we have priced it at $239,000.

Just food for thought!

Jim Bagwell