Hi Kelly,
Great questions. Probably you already purchase in the Beach Club but if not here goes... The best thing to do is to check with the Condo association managers regarding the deliquency rate in the building and the financials of the buildings - there are no secrets, this is available for the asking. The last time I checked, the rate was much below the market average of 30%.
As Nicole mentioned, there are always some growing pains as a building matures and the transition from the preconstruction investors/speculators to the end users takes place, especially in a market like we have had over the last couple years. The fact is that the Beach Club has the highest sales volume on the beach in South Florida, with over 100 sales in the prior 12 months, the most of which were in the last 6 months.
To answer your question directly, the Beach Club actually has a low percentage of units for sale - only 15%, you have to remember that there are a total of 1254 units altogether so the 190 units for sale is not so much.
If you would like more information about the sales in the building, please take a look at
http://www.beachclubcondoshallandale.com/hallandale/market.htm
The only thing I don't agree with Nicole on is that the Beach Club offer the absolute best value on the beach in South Florida not just in the Hallandale/Hollywood area.
It also offers the lifestyle that we all look for... with resort services; valet, concierge, spa treatments, poolside cafe (which delivers to your unit), pool & beach attendants, fitness classes and resort amenties; several infinite-edge pools, redwood saunas, several outdoor & indoor jacuzzis, spinning, yoga & pilates rooms, a 50,000 square foot fitness center overlooking the ocean, why would anyone not want to live there?
I hope this helps. If you have further questions, please don't hesitate to ask. - A few minutes ago
- Sat Aug 22 2009, 22:40