Thursday, January 15, 2015
January 2015 Halftime
3rd floor furnished south facing 3/2, 2340 square foot Xanadu that closed for $330,000.
3rd floor furnished weekly rental Cocoa Beach Towers 3/2, 1323 sf, carport for $317,500.
3rd floor furnished direct ocean Cape Winds weekly rental 2/2, 934 sf, no garage for $269,500.
2nd floor furnished weekly rental Spanish Main 2/2, 1153 sf, garage for $265,000.
3rd floor south ocean view Conquistador 2/2, 1101 sf, open parking for $190,000.
2nd floor furnished direct ocean 1/1 Triton Arms downtown Cocoa Beach for $130,000.
Condo inventory in Cocoa Beach and Cape Canaveral this morning is at 250 units with short sales and foreclosures representing just 7% of the total. That's the lowest level since 2007. None of the distressed units is direct ocean. That boat has sailed.
"I need to see a gentle palm tree and I won't wait too long." Captain Jim's Drunken Dream by James Taylor