Sunday, March 6, 2011

"I can't drive 55"

Sammy Hagar



One of our listings on Merritt Island

Cocoa Beach

So far this year there have been 10 waterfront homes sold this year.

Of these, 8 were canal homes and the average sale price was $280,875 and of these 3 were short sales.

There have been 2 ocean front homes sold this year with a average sale price of $580,000, one of these was a short sale and the other needed repairs completed from the hurricanes of 2004.  Ocean front property is still at premium prices for good reason.

There is an active listing in Country Club estates that is direct Banana River and priced at $729,900.  This home features 3981 sq. ft. with 5 bedrooms 3 1/2 baths and pool.  This home was remodeled in 2008.  This could be a great home for the right buyer.

Jim Bagwell

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