The Mortgage Man
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Pensacola Real Estate Featured In USA Today
For those unfamiliar with the Pensacola area, it is a hidden gem nestled on the Emerald Coast in the Panhandle of Florida. Half way between Mobile, AL and Destin, FL, Pensacola is a relatively quiet little town with some of the best real estate deals available in the state.
As featured in a recent USA Today article, this little slice of paradise that I call home has seen trouble from hurricanes and the economy, but remains strong in the face of adversity. As we continue to locate a bottom in the housing market nationwide, the deals here are already jaw dropping, and gaining the attention of investors all over the country.
One project in particular that I have gotten many calls on lately is the Purple Parrot Condominium project on Perdido Key. Perdido Key is about 15 miles southwest of downtown Pensacola. Being an island, only connected to the mainland by bridges on either side, this tropical oasis makes you feel as though you are in the laid back lifestyle of a caribean island.
The Purple Parrot is unique in many ways, but what really turns heads is the price. For less than $100,000, you can buy a 1 bedroom bungalow, walking distance from the beach, that is reminisant of Key West. (For those familiar with Key West, you can not buy a walk in closet there for that price)
For information and pictures of units available, visit www.SteveOnTheKey.com to check out available listings. Or, call me at 850-221-8334 for your mortgage related questions and to get pre-approved to purchase.
Perdido Key Condo Deals – Purple Parrot
Purple Parrot Village Resort in Perdido Key gives you the feeling you have just stepped onto a carribean island. With its unique cottage style bungalos and huge lagoon style pool, it is hard to believe that you can get a piece of this paradise for little more than $100,000.
With the rise in foreclosure rates, and a sluggish economy, vacation properties such as Purple Parrot have had challenges recently. The good news is that because of this, a unique buyers opportunity has been created where you can own one of these island living gems for half of what they were selling for just 3 years ago.
You can find several of them listed as preforeclosure short sales at www.PreForeclosureFSBO.com. If you are in the market for an investment property within walking distance to the beach, this is possibly the best deal available on the key right now.
For a local real estate professional specializing in beach properties on Perdido Key, go to SteveOnTheKey.com.
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