I always wanted a office in the islands just not this way. That was some kind of rain.
Nothing new in our complexes. The lack of inventory has affected the rental market as well as sales. There are very few rental properties to choose from on the beach. There are becoming an increasing number of fannie mae properties on the market with homepath financing available with as little as 3% down. A great idea for the single person or couple.
We don't see much new construction as far as single family home on the beachside since there is not much land left to build.
There is a new home just finished on Bali rd in Cocoa Beach that is now available for $539,000. This home has all the upgrades with 3 bedrooms 3 baths and 2397 square feet. Home also features a 3 car garage and a natural coquina seawall on the canal. It is worth a look.
Jim Bagwell
Saturday, May 4, 2013
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