Monday, November 13, 2006

To lay by the pool in November!

One of the advantages of being a realtor is that I get to lay by the Pool on a Monday. True I work most weekends but when I have a spare hour I can go and enjoy the weather in the Keys.
The water is perfect and the sun not too hot.
It being a monday there are a lot of new listings that came on the market today. Here is a link to those litsings: Click'>">Click
A couple of properties sold as well: Click'>">Click
and several went under contract: Click'>">Click
As you can see there is activity in the Real Estate market here. Many buyers have been waiting for a buyers market and it is here!
One of my sellers had a great idea! He is offering half of his unit for sale:
All costs (such as Maintenance Fee, taxes and assessments) would be split 50/50 between both owners. If one owner wants to sell at any point in time the other owner has the first right of refusal and can buy the other owner out.
When the unit sells at a later point in time the appreciation will be divided equally.
The current owner would like the use of the unit from April to September, meaning that the buyer would have the use of the unit in the more desirable winter months. This is a great way to get the food into the Real Estate market here with not that large of an investment.
This is a link to the listing: Click'>">Click
This is a visual tour to the property:

I also listed another property over the weekend in Ocean Pointe. Ocean Pointe is a resort like condominium complex. The unit I listed is a one bedroom one bath condo and at 429K the lowest priced listing in Ocean Pointe. Ocean Pointe has an on site rental management and allows daily rentals; which most complexes don't permit in the Keys. That means that it is a great rental property and investment. There is a restaurant/bar on site, kayak rentals, boat dockage, trailer storage, a very large pool, tennis courts, barbecue areas, beach area, volley ball court .. as you can see Ocean Pointe caters to the tourist. This is a link to the property: Click'>">Click
This is a link to the visual tour of the property:
Just imagine: You could buy something down here in the Keys and it could be you by the pool in November!

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