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…