How low can it go?

[Kurt]

Galveston

 

[Just_In_Thyme]

I don't think you can compare Galveston to 30A.

 

[Redd]

Yep, we have a friend building there in sunrise beach on a primo lot for $600k

But, whatever the price is here, its cheap. Not making anymore of it.
We moved from Key West where an 800 sq feet tear down is $800k

 

[Ohio Girl]

Dare I say Sanibel or Captiva!

http://listings.listhub.net/pages/FMSWFL/929/200802929/?channel=trulia

 

[livingiSoWal]

I'm a Realtor and would buy from Bobby J. Guys a class act and I dare to say no one knows 30-A area better. your looking at 30A flyguy call him.

 

[Bobby J]

Dare I say Sanibel or Captiva!

http://listings.listhub.net/pages/FMSWFL/929/200802929/?channel=trulia

I have never been. Is this the place that beats our values and location?

 

[Bobby J]

I'm a Realtor and would buy from Bobby J. Guys a class act and I dare to say no one knows 30-A area better. your looking at 30A flyguy call him.

Wow! Thanks for your kind words.

 

[TooFarTampa]

I have never been. Is this the place that beats our values and location?

Gosh I don't think so. I haven't looked at real estate down there in a long time but we love it, always fantasized about owning a place there ... and then in late 2003 we visited SoWal. It was like Sanibel/Captiva in many ways but cheap. We bought a vacant lot that weekend. Still happy.

 

[elgordoboy]

I don't think it's hit the bottom. Pricing is still unrealistic. Don't really feel like spending half a million dollars for 1,500 square feet within a golf cart's ride to the beach.

Come on please? Be a sport.

 

[beachmouse]

No, Galveston is not SoWal. But is it worth it to many buyers to pay four times as much for beachfront in SoWal as it is in Galveston?

And for all that it's a beuatiful place here, it's always going to be as something of a disadvantage to many buyers to a place like Sanibel because the winters are cooler and more unpredictable than beach towns further south.

Don't get me wrong. I like it here. But there are pros and cons to it like every place, and not everyone interested affluent buyer looking for a beach house goes into it with the same values. And the cons of the area do end up serving as limiters to the prices in a non-speculative market.