Adagio Condominiums has seen a some interesting activity since 7/25/2012 thru the month of August of 2012. There have been 3 closings within this time period, and 3 properties under contract. One lucky buyer basically stole C103, a Gulf Front short sale which was placed under contract January 8th for $820,000. Also in the gulf front buildings, B305 was purchased for $1,125,000 for cash and closed after 13 days.
After G401, a corner unit on the pool closed on 7/25/2012 for $559,000, the other 2 pool active listings smartly raised their prices. D401 is presently listed for $634,900, and E204 raised their price to $644,000.
However, D205 was listed under value as a Short Sale for $450,000 on 8/7 and was placed under contract the same day.
Regarding Gulf Front opportunities at Adagio Condominiums, there are 9 actively listed condos ranging in price from $1,145,000 to $1,299,000. Also within the Gulf Front Buildings, there are two that are under contract slated to close at the end of September. A402 was listed for $1,049,000 and C402 was priced at $1,099,000.
Opportunities such as D205 rarely come on the market. The good news is for the buyer of that condominium, they took the prudent advice of their Realtor and immediately placed a great buy under contract that day. The bad news is for the seller who placed the unit on the market below market value even though it is a Short Sale.
If you are interested in more information about Adagio Condominiums or any other opportunities along the 30A corridor or Blue Mountain Beach, please give me a call, and we shall discuss your interests in purchasing a second home.
Billy Gorman 850-225-3151 firstname.lastname@example.org.