Thursday, December 11, 2014

Market Update: Best deals on the beach right now! (under $250k)

Every single one of these 7 would be a good buy right now and some of the sellers are very motivated. 

My top 3 are: 


1. 19823 Gulf Blvd #19. These townhomes are way undervalued and on the up and up. The last 3 sold in the complex went above asking price. The complex is maintained exceptionally well and HOA fees stay low because of this. Not only do they make great rentals for families but also great 2nd homes and vacation homes because of Intracoastal waterway access and 1 block from the sandy beach. Incredible rental income potential because of the allowance of weekly rentals. This unit will pull in $20k per year (and I know that for a fact with rental history and financials to prove it) LARGE 2 bedroom and can sleep 6!















2. The 2 single family homes on Pruitt Dr in Madeira Beach. They appeal to different people but one is high ceiling, open feel and slightly out dated. The other is completely updated with a beachy feel to it. Both can move downwards on price because of time on the market. Prices are on the rise in Madeira and I don't expect that to change!













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3. A project for certain but 19451 Gulf Blvd is a unit that needs to be finished. It has a coveted Intracoastal Waterway view from 2 large balconies and finished would be a $250k to $275k unit. Also short term rentals allowed.