1 br gulf front condo $469,000

**kurt** · 06-06-2006, 03:17 PM

750 sf Mistral unit in Seacrest Beach recently remodeled inside and out, MLS# 429930. Owner agent is Russell & Maureen Paine, 850-830-3984, 850-231-3751.

I thought this was a heck of a deal seeing as how there are 3 others in the building for sale at $624k, $630k, and $670k.

The last sale was $540k in 2004.

**destinsm** · 06-06-2006, 03:39 PM

Can't be right... check your numbers...

Everybody knows the First Law of Real Estate: Prices have never and will never go down YOY!!!

**kurt** · 06-06-2006, 03:45 PM

Originally Posted by destinsm

Can't be right... check your numbers...

Everybody knows the First Law of Real Estate: Prices have never and will never go down YOY!!!

They are correct, check with your realtor or the owner.

**SHELLY** · 06-06-2006, 06:31 PM

Maybe the others are 760 (vs 750) Square Feet?

**kurt** · 06-06-2006, 09:35 PM

Originally Posted by SHELLY

Maybe the others are 760 (vs 750) Square Feet?

No, they are all 750.

**Franny** · 06-07-2006, 12:39 PM

Originally Posted by destinsm

Can't be right... check your numbers...

Everybody knows the First Law of Real Estate: Prices have never and will never go down YOY!!!

Kurt is correct and I am showing this condo to an eager buyer!!!

**destinsm** · 06-08-2006, 12:39 PM

I guess sarcasm in not recognized to well on this board ...

**kurt** · 06-08-2006, 05:17 PM

Originally Posted by destinsm

I guess sarcasm in not recognized to well on this board ...

Sarcasm is out of place in threads about specific properties for sale. Feel free to post related info, comments, or questions.

**georgeinnwfl** · 06-22-2006, 08:46 AM

Has this unit sold yet?

**kurt** · 06-22-2006, 08:59 AM

Originally Posted by georgeinnwfl

Has this unit sold yet?

I don't think so. Try the numbers at the top.

**Smiling JOe** · 06-22-2006, 10:38 AM

Originally Posted by destinsm

Can't be right... check your numbers...

Everybody knows the First Law of Real Estate: Prices have never and will never go down YOY!!!

and I guess you would have to know the price at which the sellers purchased the unit to know if it has gone down.

Trust me, the price did not go down.

The townhome is still available. That is a great for Gulf Front.

**SHELLY** · 06-22-2006, 11:38 AM

Originally Posted by Smiling JOe

and I guess you would have to know the price at which the sellers purchased the unit to know if it has gone down.

Trust me, the price did not go down.

The townhome is still available. That is a great for Gulf Front.

Might make a nice week-end retreat for someone of substance, but at 750sf--a bit small to live in full-time, a bit to pricey (including taxes and insurance) to produce positive rental cashflow.

**gardening1970** · 06-23-2006, 12:51 PM

My family (2 parents/2 kids under 12) has stayed at Mistral twice - Spring Break 2004 and 2006. The view is amazing. Unit lay-out for the 1 BR plan is also well designed. The building needs some work, although I think I read that exterior renovation is/was planned soon. Three units were for sale in April. I think they may have been 2 BR plans. Asking price was near $600,000.

**bsmart** · 06-23-2006, 01:28 PM

Originally Posted by kurt

750 sf Mistral unit in Seacrest Beach recently remodeled inside and out, MLS# 429930. Owner agent is Russell & Maureen Paine, 850-830-3984, 850-231-3751.

I thought this was a heck of a deal seeing as how there are 3 others in the building for sale at $624k, $630k, and $670k.

The last sale was $540k in 2004.

That is an awesome price considering a unit in the Seamist complex two doors down, where we own is currently on the market for $620,000, with a 2005 rental income of $27,500.

**bsmart** · 06-23-2006, 01:30 PM

Originally Posted by gardening1970

My family (2 parents/2 kids under 12) has stayed at Mistral twice - Spring Break 2004 and 2006. The view is amazing. Unit lay-out for the 1 BR plan is also well designed. The building needs some work, although I think I read that exterior renovation is/was planned soon. Three units were for sale in April. I think they may have been 2 BR plans. Asking price was near $600,000.

It is currently being restored on the outside. Several owners are renovating interiors as well.