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price declines accelerarting on 30a

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C

chanster

Banned
since jan 1st its stunning to see the massive price declines on 30a. i bet 10-15 properties in watercolor have come on the mkt the past 10 days. i'm seeing price declines on 1.9 mil rosemary homes of 500k. desperation is mounting fast
 
chanster said:
since jan 1st its stunning to see the massive price declines on 30a. i bet 10-15 properties in watercolor have come on the mkt the past 10 days. i'm seeing price declines on 1.9 mil rosemary homes of 500k. desperation is mounting fast
Click to expand...

You posted and seemed ready and interested to buy into Watercolor at anytime. Are you pointing out how great a time it is to buy or pointing out why you decided not to buy?
 
chanster said:
since jan 1st its stunning to see the massive price declines on 30a. i bet 10-15 properties in watercolor have come on the mkt the past 10 days. i'm seeing price declines on 1.9 mil rosemary homes of 500k. desperation is mounting fast
Click to expand...

In Watercolor or all of 30A? Lots of buyers looming around once the price hits the right mark. That is why you will rarely see a low ball offer work. I see a tremendous amount of pent up demand.
 
watercolor 1352 western blvd has been on the mkt what 18 months with the price lowered 4 times. still no sale at the supposed lowest price per square foot in watercolor at $340 or so.20 bear street which is a really nice home on eastern lake 200 steps from the beach lowered again to $609k. the house on 30a in seagrove on the road just lowered to 590k form 690k. i can go on and on and on.bottom line people want but many can't. belows just a few of many many this year. believe me i've scoured the area like an animal for 2 weeks and i see desperation.

1425976ROSEMARY BEACH
EAST OF CAMP CREEK46 SCOUT LN 54-6
ROSEMARY BEACH, FL$950,000 --> $799,000-16%332016
379WATERCOLOR
HWY 283 TO HWY 395350 RED CEDAR WAY
SANTA ROSA BEACH, FL$725,000 --> $650,000
1469779WATERCOLOR
HWY 283 TO HWY 395153 SILVER LAUREL WAY
SANTA ROSA BEACH, FL$1,199,000 --> $1,170,000
1489968WATERCOLOR
HWY 283 TO HWY 395288 WESTERN LAKE DR
SANTA ROSA BEACH, FL$1,595,000 --> $1,495,000
1497180ROSEMARY BEACH
EAST OF CAMP CREEK6 TRIMINGHAM LN
ROSEMARY BEACH, FL$1,895,000 --> $1,300,000
 
chanster said:
watercolor 1352 western blvd has been on the mkt what 18 months with the price lowered 4 times. still no sale at the supposed lowest price per square foot in watercolor at $340 or so.20 bear street which is a really nice home on eastern lake 200 steps from the beach lowered again to $609k. the house on 30a in seagrove on the road just lowered to 590k form 690k. i can go on and on and on.bottom line people want but many can't. belows just a few of many many this year. believe me i've scoured the area like an animal for 2 weeks and i see desperation.

1425976ROSEMARY BEACH
EAST OF CAMP CREEK46 SCOUT LN 54-6
ROSEMARY BEACH, FL$950,000 --> $799,000-16%332016
379WATERCOLOR
HWY 283 TO HWY 395350 RED CEDAR WAY
SANTA ROSA BEACH, FL$725,000 --> $650,000
1469779WATERCOLOR
HWY 283 TO HWY 395153 SILVER LAUREL WAY
SANTA ROSA BEACH, FL$1,199,000 --> $1,170,000
1489968WATERCOLOR
HWY 283 TO HWY 395288 WESTERN LAKE DR
SANTA ROSA BEACH, FL$1,595,000 --> $1,495,000
1497180ROSEMARY BEACH
EAST OF CAMP CREEK6 TRIMINGHAM LN
ROSEMARY BEACH, FL$1,895,000 --> $1,300,000
Click to expand...

It's 200 steps from the Beach club, where are you getting your distances from? :idontno:
 
Many of you have asked us to contact you with "Steals" and "Great Buys".

[FONT=arial,helvetica,sans-serif]Sanctuary by the Sea is a new luxury Gulf Front Condominium. It features 82 units, 640 feet of gulf frontage, numerous swimming pools, hot tubs, work out facility, underground parking, golf simulator, theatre room, breathtaking views and expansive units complete with travertine flooring, granite countertops, full Professional Viking Appliance package featuring 48" Range, 48" Refrigerator, wine fridge, large kitchen island, crown molding, fireplaces and expansive decks with amazing views of the Gulf of Mexico.[/FONT]
[FONT=arial,helvetica,sans-serif]The units at Sanctuary by the Sea were pre-sold at $800-$1200 per sq ft.
[/FONT]
[FONT=arial,helvetica,sans-serif]The equity partner has now taken over the project and is looking to sell the units. They are now offering units starting in the mid $200's per foot (3162 sq ft, 2 story incredible gulf views, huge decks, asking $899,000, a few doors down was sold at $2,789,000)[/FONT][FONT=arial,helvetica,sans-serif]. This is a great opportunity in a gulf front community. These units will be great rental units as well. [/FONT]

[FONT=arial,helvetica,sans-serif]We have attached a few aerial photos of Sanctuary by the Sea.[/FONT][FONT=arial,helvetica,sans-serif] [/FONT]

:eek:...ouch.

​
 
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