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July 2009

Found 1 blog entry for July 2009.

I get a lot of calls from people looking for a "deal".  I ask those folks to tell me what they mean but most people can't answer the question.

So if you want a deal, but can't exactly define one, I analyzed Junes sales of condos in Destin, FL on the gulf and this is what I came up with as the top 3 buys for Jun '09:

1. Grand Dunes, South Tower, Unit 550.  The specs for this unit are as follows:
2870 sf; 4br/4ba, direct gulf front, built in 2006 and sold for $975,000.  That works out to $339 per sf for a luxury gulf front condo. This was a normal sale and not a foreclosure or short sale.

2. Pelican Beach, Unit 310. The specs for this unit are as follows: 873 sf, 1br/2ba, direct gulf front, built in 1997 and sold for $237,500.  That works out to

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