"Spend 80% of your time"

"focusing on the opportunites of tomorrow rather than the problems of yesterday"  Brian Tracy 

As of this writing there are now 41 single family homes on the market in Cocoa Beach/Cape Canaveral.  Priced from $124,900 all the way up to $1,400,000.  28 of these homes are on the water and naturally these are the higher priced homes.

One of properties is very interesting.  A home on Nassau Road has been on the market for years and originally was listed at $1,400,000 with the main house and a cottage sitting on .71 acre on the Banana River.  The property has fantastic views with a pool. 
This property is now listed as two separate properties with the main house on 1 lot listed at $859,000 and the cottage listed on another at $500,000 and after you split the property the cottage would sit on a lot 80' wide and around 180' deep.  Together they would be $1,359,000 or a $41,000 reduction on the original listing.  The cottage is described as historical, built in 1963 I don't know why it is historical.

I believe it would be much better with highest and best use of the property to leave as one property and lower the price to market value.

Jim Bagwell