If you are looking to buy a second home and love the Gulf Coast, now is a great time to consider purchasing a beach front property or condominium. A hidden area that many don’t know about is Pensacola Beach.
Pensacola Beach is the located on the Panhandle of Florida and is the farthest west you can go before hitting Alabama. It is known for its emerald blue waters and sugar fine sand. It still has the southern town atmosphere with a twist of luxury. Unlike Destin, a renowned tourist hot spot 45 minutes east, Pensacola Beach has kept its integrity by not allowing highrise condominiums to dominate its beach front, and keeping a good mix of local residential and smaller condos for visitors.
There are many, many fine homes for sale on the beach, as well as units in the newly constructed Portofino, a true luxury resort. One reason it is a good time to buy is that is seems like everyone is selling. The market crashed in the area late 2005 and has only gotten worse. Buyers are scarce, so the market is supersaturated with units for sale. There are currently 75 homes for sale and 336 condominium units, which is big for the beach.
If you think you might be interested in possible investment on the Gulf Coast, give me a call. I lived off the beach for four years and know the area well. I am also licensed to sell real estate in the state of Florida, and was a Realtor while I lived in Florida.