"If thou are a master,"

"be sometimes blind;if a servant,cometimes deaf"
Thomas Fuller (1608-1661)

Picture is the canal view of our listing on Basin in Merritt Island. The home is a great home for those who need room. The home has 2826 sq ft, 4 bedrooms and 3 baths and the plan is perfect for a in-law suite. Price reduced to $349,500!

Cocoa Beach/Cape Canaveral

It appears that inventory is still shrinking in this area. There are now only 37 waterfront homes available. Prices start at $239,900 for canal home with 1154 sq ft and peak at $1,750,000 for ocean front home with 5518 sq ft.

In July of this year there were 10 residential homes sold with an average price of $306,600. Of these 3 were waterfront with 2 on the canals and 1 on the ocean

In July of last year there were 7 residential homes sold with an average price of $205,290 but only 2 were waterfront both on canals.

I hope this is a trend!

Jim Bagwell