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Warren Hickernell
Realtor-GRI
"Top Producer"
Prudential Palms Realty

Warren@RealEstateInSarasota.com

(941) 232-5738

Condominium Investments

Looking for a sound real estate investment that would be available for your occasional use? A resort condominium property affords you this opportunity.

One of the best areas for such a property is on one of the keys (islands) or mainland Bayfront. Rentals are strong on The resort keys as is the appreciation rate. It is a destination for many seasonal travelers. Most properties are within walking distance to the beach, making rentals desirable.

Starting prices for condos or resort keys are approximately $250,000, but are hard to find and you must move quickly. Most prices are in the $600,000-$900,000 range.

If you can find a new condo project and reserve a unit at a pre-conversion price while construction takes place, you should enjoy an immediate built-in appreciation on your investment. I specialize in this investment market!

 


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