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Gulf Front Condos
MLS Zones Beaches East, West and Thomas Drive).
Few areas of the US have seen as large a price appreciation as
is seen with the new Gulf front condo projects. Major developers
are hard at work adding 24,000 new units along the 16 miles of Panama
City Beach Gulf front. Floor plans vary and price per square foot
will show impact according to the amenities listed by the complex.
Buyers will have a large selection and competition for the
pre-construction, flip market is fierce. Buyers should consult
aerial and satellite images for the overall view.
Cranes, Construction sites and buildings
are in a variety of completion stages. Some developments are just
now knocking down the old homes and motels to begin while a few are
closing out now. Furniture packages and rental agreements along
with condo fees and insurance will add to the monthly payment.
Tourists coming to Florida's Most Beautiful Beaches will have many new
units from which to choose. Rental companies with a strong
marketing program including an 800 number for reservations will provide
the best bang for the buck for the investor/owner. Buyers who wish
to hold a unit for retirement purposes should also consider the low rise
complexes and the units across the street from the Gulf. Square
footage, storage and parking will be added values if your needs do not
include Gulf front. Quality of view is the largest price
consideration and units with a sunrise and sunset view will command the
highest prices.
Special questions should be emailed and researched through the local
county links for more information. |
