Wow is waterfront property getting cheap!!! - Page 2 - SailNet Community
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post #11 of 18 Old 12-17-2008
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Everybody is holding their breath in Florida, for the past 3 years they've had a net loss of population as folks got priced out (low job wages, high home prices) and now the general talk is that home prices are some 26% down from two-three years ago, but the question is, will they drop another 10-15% because Florida's "Gold Coast" was so overpriced to begin with?

If they'd just put a dome on that state and refrigerate it, it might actually be a nice place to be.
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post #12 of 18 Old 12-17-2008
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Wait, does this affect the trip to Nantucket that you are organizing? Or the Bermuda trip?

Good luck with it all.
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post #13 of 18 Old 12-18-2008 Thread Starter
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Originally Posted by Bene505 View Post
Wait, does this affect the trip to Nantucket that you are organizing? Or the Bermuda trip?

Good luck with it all.
Nope! We're too foolish to ration.

Seriously, as I mentioned we dropped the house idea, but with prices dropping like this it's starting to make me re-think. Probably won't go anywhere, but it's fun to think about it anyway.

Some have posted $250,000 condos with slip included. If I saw the right unit in the right area at that price, it would be awfully tempting.

Dan Goldberg

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post #14 of 18 Old 12-18-2008
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Question Prices

Bergie...I say go for it...buy it....sounds like the time to buy.
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post #15 of 18 Old 02-24-2009
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I am on the west coast of Florida, have a completely remodeled 2/2/2 modular on my own land, with pool, hurricaine windows, hugh garage, and.........dockage for 65 to 70 foot sailboat included. $100 per YEAR maintainence fee for the private street, depth maintained at 6' by the city of Punta Gorda. No bridges and homes on the street in the multi-millions. Beats the heck out of a condo......and for only $299,900!!!!!!!!!!!
PM me for visual tour and details (I want to sell and go sailing more)
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post #16 of 18 Old 02-24-2009
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The buy-in price is cheap but wait until you see the price of insurance!

DING!


I have a friend who had a house built somewhere near Tampa, his insurance is now more than his mortgage.
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post #17 of 18 Old 02-24-2009
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TAXES!.....don't for a second forget the Fl. Taxes!......never mind the mortgage and fees......the TAXES alone will kill ya'.....

Poverty motivates me in ways prosperity never could.
(stolen from Eddie Jones)
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post #18 of 18 Old 02-24-2009
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What Fl taxes? Sales tax is competitive nationally. Real estate taxes typically competitive nationally (2 to 3 mils before exemptions). No income tax or school tax or personal property inventory tax--which beats most of the nation.

Florida is fairly infamous for having overall LOW taxes and LOW PUBLIC SERVICES as a result of it. (Like, lousy schools and poor public transportation.)
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