The key to any real estate purchase is knowing what your goals are. What kind of lifestyle are you looking for? Do you think you'll live in the unit first and then rent or vice versa? There are many factors but knowing your "plan" will help create the dialogue between you and your agent. tour as many properties as possible to see which fit best with that type of lifestyle you want.
It's best to use a full service agent and not one specically tied to a particular development. This allows true negotiations to take place and will get you the best deal. Also, having a realtor who does business all over SF gives you a much better and broader picture of what's happening in the world of SF real estate.
Good luck and I'm here if you need me.
Rich Bennett, Realtor
Zephyr Real Estate
Additionally, the higher amount you put towards HOA fees could be put into a mortgage payment in a smaller building.
If you want help, find an experienced agent/broker to help you.
Lance King/Owner-Managing Broker
If you are considering renting and then buying, I suggest taking an extensive tour of several properties over at least 2 or 3 weekends with your realtor. That will be the best way to make an informed decision.
Active listings for South Beach:
South Beach Market:
Paragon Real Estate Group
CA DRE 01844627