750 sf Mistral unit in Seacrest Beach recently remodeled inside and out, MLS# 429930. Owner agent is Russell & Maureen Paine, 850-830-3984, 850-231-3751.
I thought this was a heck of a deal seeing as how there are 3 others in the building for sale at $624k, $630k, and $670k.
The last sale was $540k in 2004. :shock:
Replies
14Beach Lover
Can't be right... check your numbers...
Everybody knows the First Law of Real Estate: Prices have never and will never go down YOY!!!
Everybody knows the First Law of Real Estate: Prices have never and will never go down YOY!!!
AdminAuthor
Can't be right... check your numbers...
Everybody knows the First Law of Real Estate: Prices have never and will never go down YOY!!!
They are correct, check with your realtor or the owner.
SoWal Insider
Maybe the others are 760 (vs 750) Square Feet?
AdminAuthor
Maybe the others are 760 (vs 750) Square Feet?
No, they are all 750.
Beach Fanatic
Can't be right... check your numbers...Kurt is correct and I am showing this condo to an eager buyer!!!
Everybody knows the First Law of Real Estate: Prices have never and will never go down YOY!!!

Beach Lover
I guess sarcasm in not recognized to well on this board ...
AdminAuthor
I guess sarcasm in not recognized to well on this board ...
Sarcasm is out of place in threads about specific properties for sale. Feel free to post related info, comments, or questions.
Beach Comber
Has this unit sold yet?
AdminAuthor
Has this unit sold yet?
I don't think so. Try the numbers at the top.
SoWal Expert
Can't be right... check your numbers...and I guess you would have to know the price at which the sellers purchased the unit to know if it has gone down. ;-)
Everybody knows the First Law of Real Estate: Prices have never and will never go down YOY!!!
Trust me, the price did not go down.
The townhome is still available. That is a great for Gulf Front.
SoWal Insider
and I guess you would have to know the price at which the sellers purchased the unit to know if it has gone down. ;-)
Trust me, the price did not go down.
The townhome is still available. That is a great for Gulf Front.
Might make a nice week-end retreat for someone of substance, but at 750sf--a bit small to live in full-time, a bit to pricey (including taxes and insurance) to produce positive rental cashflow.
Beach Fanatic
My family (2 parents/2 kids under 12) has stayed at Mistral twice - Spring Break 2004 and 2006. The view is amazing. Unit lay-out for the 1 BR plan is also well designed. The building needs some work, although I think I read that exterior renovation is/was planned soon. Three units were for sale in April. I think they may have been 2 BR plans. Asking price was near $600,000.
brain
750 sf Mistral unit in Seacrest Beach recently remodeled inside and out, MLS# 429930. Owner agent is Russell & Maureen Paine, 850-830-3984, 850-231-3751.
I thought this was a heck of a deal seeing as how there are 3 others in the building for sale at $624k, $630k, and $670k.
The last sale was $540k in 2004. :shock:
That is an awesome price considering a unit in the Seamist complex two doors down, where we own is currently on the market for $620,000, with a 2005 rental income of $27,500.
brain
My family (2 parents/2 kids under 12) has stayed at Mistral twice - Spring Break 2004 and 2006. The view is amazing. Unit lay-out for the 1 BR plan is also well designed. The building needs some work, although I think I read that exterior renovation is/was planned soon. Three units were for sale in April. I think they may have been 2 BR plans. Asking price was near $600,000.
It is currently being restored on the outside. Several owners are renovating interiors as well.
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