[bello1971]

Just spoke to a realtor and he told me that there are lot of condos for sale in Florida.

Have prices fallen so much that you can actually buy a a condo on the beach in Florida.

He must be talking about some bad areas - right?

[FLBob]

I don't know where in Florida, but it might be possible. In my area beach front condos are still asking over $300k, but you can find condos under $100k within walking distance to the beach.

[TriMT7]

Originally Posted by FLBob

I don't know where in Florida, but it might be possible. In my area beach front condos are still asking over $300k, but you can find condos under $100k within walking distance to the beach.

YOu can get a condo in a building on the beach in South Palm Beach Island for mid 100s.

[annerk]

Just remember, the HOA fees are enormous for condos on the ocean and gulf due to the very high insurance premiums. So while you might get a condo for $100K, you could end up paying $500-700/mo in dues! Also keep in mind that if there are a high number of foreclosures in the building, dues will rise to cover the shortages.

[121804]

Originally Posted by bello1971

Just spoke to a realtor and he told me that there are lot of condos for sale in Florida.

Have prices fallen so much that you can actually buy a a condo on the beach in Florida.

He must be talking about some bad areas - right?

A relative is selling hers, located in Cape Canaveral, for $120. It's across the street from the beach without other condos blocking the view. If we had the funds, we'd buy it for a vacation home for our kids. Though, I will say, the HOA fees are in the area of $500/mnth. Not sure about HOI.

[runswithscissors]

go on realtor dot com with the zip or the town and see

some might be studios, too they are changing some motel rooms to be condos

see international house in pompano

if not ocean there are several on the intracoastal too even far below 100

in North PB and Vero i know for sure.

[bgrasser]

My wife and I just purchased a two bedroom condo;third floor penthouse with total renovation, on the Indian River in Sebastian, in a three building well maintained complex, for 150K.

[2bohemians]

We found about a dozen over in Panama City Beach with a price range of $79,000 - $100,000. Many of them are fairly small, with about 300-500 square feet.

[ACTS Mom]

Originally Posted by bgrasser

My wife and I just purchased a two bedroom condo;third floor penthouse with total renovation, on the Indian River in Sebastian, in a three building well maintained complex, for 150K.

Can you tell us what your insurance costs and HOA costs are?

[Alatex]

Daytona Beach appears to have some very cheap ones.