Greetings.

We bought our property in February 2009 - 1BR-1BA for $69,000. We love it! The complex is about 40-percent owner occupied. Some of the one bedroom units are in the rental pool and rent for about 140/night (peak season). My unit is not in the rental pool - just for family and friends usage.

The evenings are great with a cool breeze and we can often hear the nightly music playing at the Holiday Inn.

Construction is fair to good - built in mid 80's.

The wide range of asking price I bet is from those who have invested in their unit (higher Price) and those that have their unit strictly for rental (lower price).

We love it so much that we are considering buying another unit.

The HOA is responsive to any question that I have had. I have met many of my neighbors. Several of them are from out of state.

Great pool area.

The complex does needs some upkeep (grounds maintenance).

One of the best real estate buys that I have ever made.

Leeward Isles was originally an apartment complex built in the early 1980's that converted to condos in 2000 - 2001 if I remember correctly. They were all 1 bedroom, 1 bath floorplans. Then a new addition was added to the north side facing St. Augustine St. This new building consisted of 2 bedroom, 2 bath condos on the 2nd and 3rd floors with garages below. The garages were sold separately and I recall selling a couple of them for $10,000 to $12,000 depending on the size of the garage.Two more similar buildings were added the following year with a combination of 1 and 2 bedroom floorplans, again with garages on the ground floor. The one bedooms will sell in the $60,000 range in today's market. At this time there is a foreclosure on the market in Leeward Isles which could be a good buy for someone. The 2 bedroom condos are selling in the $80,000+ price range. The location is good because it is walking distance to the beach (1 block) and close to the Holiday Inn (live music outdoors on weekends) and seawall. It has always been a good complex for rentals. The future plans in this area consist of a public marrina, more resorts and hotels and high end townhome & condominium development. Leeward Isles is surround by more expensive properties ranging in price from $155,000 to -$600,000. Leeward Isles has a good property manager and in my opinion could be an excellent investment property. Feel free to contact me with any other questions about this property or any others on North Padre Island.

Some of these are pretty nice actually. The HOA dues are VERY reasonable as well at $206 a month, last I was quoted. Flour Bluff is always going to be the nicer side if you can't get on the island proper.

There are a variety of factors in pricing a property for sale. Leeward Isles is about a block from the beach. Some are one bedroom and some are two bedroom units. Some updated, others not, etc. If you will check out my website, you can pull up 15010 Leeward and check them out. http://www.mader-realestate.com or email me and I will send you the info. cmader@stx.rr.com