Feel free to start all the market discussion threads you want, but this thread was started about a particular project. Thanks.
Ariel Dunes II Pre-construction...
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SHELLY said:Nothing will scare the tourists away faster than being told their "usual" rental condo went from $1400 to $2500 per week.
Shelly, you are so correct with this statement. Several families from our area have started going other places in Florida or Alabama because the Destin area rentals are more expensive (especially in the summer) than the surrounding areas.
Interesting -- 19 Ariel Dunes units were entered as listed and pending yesterday, even though the listing date was Feb '04. I wonder if someone reported them as not entering the listings and that got the agent(s) moving.
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I found that interesting also... the MLS is a very useful tool to help track some of our investments. We have a 2/2 under contract in bldg #2 and are looking forward to assigning or closing/ renting, whichever the market dictates - either way it's been a fun investment so far.Smiling JOe said:
Smiling JOe said:
:scratch:
Re: Ariel Dunes
We have been told that closing will probably be in July. After the inital walk thru you will have 30 days to close. they havent disclosed who will go first and who second, altho' I imagine it will be bottom units first. This for Ariel dunes 1.
AD2 is a virtual carbon copy of AD1. I have seen some AD2 preconstruction units listed for much more than their equivalent AD1 counterparts. AD2 is slated to close in fall.
I was lucky to get a tour of the building (AD1) and the views of bay and gulf are outstanding..from the 10th floor up. All the swiming pools (3) must be completed before the OC is issued. There is limited covered parking. thats about it.
cooleydog said:
We have been told that closing will probably be in July. After the inital walk thru you will have 30 days to close. they havent disclosed who will go first and who second, altho' I imagine it will be bottom units first. This for Ariel dunes 1.
AD2 is a virtual carbon copy of AD1. I have seen some AD2 preconstruction units listed for much more than their equivalent AD1 counterparts. AD2 is slated to close in fall.
I was lucky to get a tour of the building (AD1) and the views of bay and gulf are outstanding..from the 10th floor up. All the swiming pools (3) must be completed before the OC is issued. There is limited covered parking. thats about it.
AD1 has a much better view of the gulf and bay than AD2. just my opinion tho"cooleydog said: