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Redfish Village - What is going on?

Beach Crab
10,868 views
Does anybody know whats going on at Redfish Village? Are units selling? Any news on new businesses coming to commercial space.

Replies

34
Beach Fanatic
#27
Welcome to the 'hood.

Blue Mt Rocks
Beach Comber
#28
Congrats 30AMichigander!
Beach Fanatic
#29
301 michilander that must have been you i saw in the mls for the sale yesterday. asking price 300k sold for 150k as i rememeber.i assure you many of these will be rentals at 1k-1200 a week in the peak season.i don't see how any developer made money reselling these. the bank lost 10's of millions on this complex.i might bid 75k for one in the winter as the country renters a depression and the pain that was posponed re starts
Beach Fanatic
#30
301 michilander that must have been you i saw in the mls for the sale yesterday. Asking price 300k sold for 150k as i rememeber.i assure you many of these will be rentals at 1k-1200 a week in the peak season.i don't see how any developer made money reselling these. The bank lost 10's of millions on this complex.i might bid 75k for one in the winter as the country renters a depression and the pain that was posponed re starts

hush!!!
Beach Comber
#31
Ray, I wish you the best of luck. As for me and my family, we're just happy to have a little piece of heaven down on 30-A.
Beach Fanatic
#32
vinnie i own a home in grayton i bought for 35 cents on the dollar and spend 3-5 months year enjoying it. just looking for a possible other home as an investment to flip in 5-10 years and in the meantime make 15% a year net by renting it
Beach Comber
#33
Nothing Left - 53 Units Sold in 6 weeks

Vinnie / Ray

I inquired today about another unit to use as a rental and was informed that everything was sold. It looks like Redfish will come alive.:D
Beach Fanatic
#34
somebody just closed yesterday on one for 247k. its alittle bigger than the 150k ones sold but why in the world would anyone pay 247k for a unit when many sold for 150k and even less? didn't you have to buy threw the devoloper to get no hoa fees for 30 months? so those that paid 150k have hoa fees right?what are the hoa fees?rethinking i think they will be tough to rent as its long walk to beach
Beach Comber
#35
30AMichigander, that's great news. We spent the weekend down there, and we saw a few more moving trucks. Hopefully, some of the rumors re: commercial space will bear some fruit (coffee shop and piano bar/music venue opening back up). We'll be back down in about three weeks (for the 4th) and then at the end of July. Be sure to check out Marie's Bistro; it has become a "must" when we're down there.

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