What's New on the Beach

Season's Greetings from Nancy & Bob Vogel on Hutchinson Island! The Island of GREAT VALUES.

The real estate market is changing... in favor of you, the buyer. Contact us to request our Current Listing Sheets which reflect the excellent inventory that you can select from.

Why now? There are a number of reasons the real estate market is changing, all good and valid.

Changing of the Guard - The majority of properties listed represent owners who bought property 10 or 15 years ago and feel that now is the time to move on.

Upgraded Values - As a result of the hurricanes, many of the condominiums have been dramatically upgraded. New lobbies, new elevators, many new roofs, and painters and gardeners have been very busy. While many owners have taken the opportunity to remodel, there are many listings that are waiting some TLC and represent good potential investment. The fact is that today's smart buyers can acquire a condominium in a building which has had major upgrades.

Limited New Building - With few notable exceptions, there is limited land available for development and what is available is so expensive that only $1 million residences can be built. The notable developments are Diamond Sands with only a few direct ocean front lots still available at about $1.3 million. Tosoro is building 70 ocean front condos with an average of 2000 square feet and a price tag of $2.5 million each. On the first weekend of the sale, a reported 21 units sold.

The bottom line is that all existing units are positioned to increase in price... given all other things being equal.

Current Listings - Click to view Beach Front's current listings. As the Island's largest and oldest real estate broker, we did more business on the Island than any agency, approximately $160 million in '04 and well on surpassing that for '05.

Contact us for Current Listing Sheets and Beach Front Mann's full color brochure which has profiles of each condominium. Simply select a bulding and cross reference the Listing Sheets to see what is available. Our website's Featured Properties page will show you communities by price range.

Please contact Nancy or Bob to answer any questions, gather more information, or make an appointment.