Your question is more complex than just stating one condo complex over another. Many factors go into this question. You are speaking of an investment property. Investment properties are a much safer bet than speculating on the market. Investment condo purchases are based on statistics, facts, and history of the unit.
The April Market Trends report just came out and it is showing that Total Condo Resales are up 38.70% over same period last year and that new and existing condo sales are up 27.52% overall in Panama City Beach, FL. This is great news. With the announcement of the new International Airport, Panama City Beach is sitting in a prime position for investors like yourself. The new airport will spit into the beach area off of Hwy. 79 and near the new Pier Park Shopping and Entertainment Complex. Walkability to these amenties may be key to some looking to rent year long. History of a unit is also going to play into your buying decision.
Although short sales and foreclosures look attractive from the onset, be careful when purchasing a unit in an "as is" condition. There are risks to these type of sales. Having a good buyer's representative to assist you is key.... more