How low high can they go...
GULF SHORES, Ala. The Gulf Shores City Council has approved rezoning eight acres along Mobile Bay for a 12-story condominium and marina complex on Fort Morgan Peninsula.
Read more
OK this makes sense. We're all getting older - hopefully. As we do we sort of naturally want to do more of the things we like to do in the settings we like to do them. For many of the boomer generation that means the mountains. Some like the awful heat of the desert. Ah, but I'll take the Gulf Shore any day.
Plenty of demand and they're not making any more Gulf Coast real estate. It all bodes well for your average gulf coast vacation real estate professional.
Realtors hope boomers will rekindle housing market
As the 2006 high season ends, local builders, investors and real estate salespeople with unsold homes, are still counting on retiring Northern baby boomers to re energize the local housing market.
Sales at the high end of the market are good. Sunset Bay is expanding, adding 40 new units to one of the oldest condo developments on Plash Island. According to a story today in the Mobile Register 75% of the new units have already been sold, enough to commence construction. The 40 units will be built in two new five-story condo buildings a 24-unit building and a 16-unit building. The 40 new units are all two and three-bedroom condos and have sold at prices ranging from $450,000 to $750,000.
Buyers get a nice set of features and amenities with their purchase:
The Island Villa units will include most of the same amenities and design features used in the custom-built Sunset Bay homes, Bryan said. Buyers will receive membership in the Yacht Club. There are 80 boat slips and some of the condo buyers will receive a boat slip.
A quick news snippet from the Mobile Register announces ground breaking on 60 new condo units at the Apalachee development overlooking Mobile Bay...
Construction will start later this spring on 60 condo units at the Apalachee development off U.S. 98 overlooking Mobile Bay in Daphne, according to Richard Cobb , one of the developers. The number of units that have presold in the 14-story tower was not released. The contractor is Southern Companies Inc . of Indiana...
Link
The Grand Caribbean condos are located on beautiful Perdido Key, Florida. Recognized by Conde Nast Travel magazine as one of the most beautiful beaches in the world, you too can discover the Grand Caribbean and Perdido Key, a secret paradise in a spectacular unspoiled area of the Florida Gulf Coast. Perdido
Key is an unforgettable beach destination with pristine emerald green water and sugary white, fine textured sand.
There is so much to be said for Orange Beach's newest ultra luxurious condo developments, Porto del Sol. Built in 2005, the Porto del Sol offers vacationers the height of luxury accommodations right in the heart of the Orange Beach action. You'll be only minutes from the beach, shopping, golf, fine restaurants, Orange Beach's many local
entertainment hotspots and of course your own private deep water marina.
The Porto del Sol overlooks the Cotton Bayou and the Gulf of Mexico. The property is situated about 500 yards from the pass at Orange Beach, across from the beach on Perdido Beach Blvd. You'll be surrounded by gorgeous views inside and out. Each fully decorated unit is professionally appointed with the finest amenities - granite counter tops and vanities, state of the art appliances and electronics and gourmet kitchens.