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Old 11-02-2010, 10:49 AM
 
19 posts, read 72,283 times
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I noticed lots of places for sale in Pineapple Grove Village. What's going on there?

Thanks.
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Old 11-02-2010, 11:52 AM
 
Location: Palm Beach County
1,708 posts, read 4,397,385 times
Reputation: 639
Most of those are listed by the new investor in the property. They just opened it up so you can get financed in there with 30% down (used to be cash only) .
There's some nice units, but still priced pretty high for all the vacancies.
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Old 11-02-2010, 12:15 PM
 
232 posts, read 773,153 times
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Judging from the price structurue it looks like the builder has not sold all of the units. Probably hems from issues like people cannot get financing backed from Fannie Mae because they are condos. This leads to cash buyers only. They do look nice and are pretty close to the ocean but its alot per square footage.

whoops - skylinet beat me to it.
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Old 11-02-2010, 09:25 PM
 
2,391 posts, read 5,045,334 times
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What kind of costs are these condo's that they are selling in Pineapple Groove~? Seem like a nice area when I was there this past summer.
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